Formation Metals Past Earnings Performance
Past criteria checks 0/6
Formation Metals has been growing earnings at an average annual rate of 4.9%, while the Metals and Mining industry saw earnings growing at 26.1% annually.
Key information
4.9%
Earnings growth rate
59.0%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | n/a |
| Return on equity | -11.2% |
| Net Margin | n/a |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Formation Metals makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 0 | 0 | 0 | 0 |
| 31 Mar 24 | 0 | 0 | 0 | 0 |
| 30 Jun 23 | 0 | 0 | 0 | 0 |
Quality Earnings: FOMO is currently unprofitable.
Growing Profit Margin: FOMO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if FOMO's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare FOMO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FOMO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (10.4%).
Return on Equity
High ROE: FOMO has a negative Return on Equity (-11.2%), as it is currently unprofitable.