Alpha Lithium Future Growth

Future criteria checks 0/6

Alpha Lithium's earnings are forecast to decline at 7.6% per annum. EPS is expected to decline by 1.3% per annum.

Key information

-7.6%

Earnings growth rate

-1.3%

EPS growth rate

Metals and Mining earnings growth	34.6%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	Low
Last updated	29 Sep 2023

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

NEOE:ALLI - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2024	N/A	-13	N/A	N/A	1
12/31/2023	N/A	-13	N/A	N/A	1
9/30/2023	N/A	-11	-30	-7	N/A
6/30/2023	N/A	-13	-30	-9	N/A
3/31/2023	N/A	-13	-29	-10	N/A
12/31/2022	N/A	-15	-25	-10	N/A
9/30/2022	N/A	-14	-25	-11	N/A
6/30/2022	N/A	-13	-19	-9	N/A
3/31/2022	N/A	-13	-17	-8	N/A
12/31/2021	N/A	-9	-17	-8	N/A
9/30/2021	N/A	-8	-11	-7	N/A
6/30/2021	N/A	-7	-9	-6	N/A
3/31/2021	N/A	-5	-8	-7	N/A
12/31/2020	N/A	-7	-6	-5	N/A
12/31/2019	N/A	-1	-1	0	N/A
10/31/2019	N/A	-1	-1	0	N/A
7/31/2019	N/A	0	-1	0	N/A
4/30/2019	N/A	0	-1	0	N/A
1/31/2019	N/A	0	-1	0	N/A
10/31/2018	N/A	0	0	0	N/A
7/31/2018	N/A	-1	-1	0	N/A
4/30/2018	N/A	-1	-1	-1	N/A
1/31/2018	N/A	-1	-1	-1	N/A
10/31/2017	N/A	-1	-1	-1	N/A
7/31/2017	N/A	-1	N/A	-1	N/A
4/30/2017	N/A	-5	N/A	-1	N/A
1/31/2017	N/A	-5	N/A	-1	N/A
10/31/2016	N/A	-5	N/A	-1	N/A
7/31/2016	N/A	-5	N/A	0	N/A
4/30/2016	N/A	-1	N/A	0	N/A
1/31/2016	N/A	0	N/A	0	N/A
10/31/2015	N/A	0	N/A	0	N/A
7/31/2015	N/A	0	N/A	0	N/A
4/30/2015	N/A	-1	N/A	0	N/A
1/31/2015	N/A	-1	N/A	0	N/A
10/31/2014	N/A	-1	N/A	-1	N/A
7/31/2014	N/A	-1	N/A	-1	N/A
4/30/2014	N/A	-1	N/A	-1	N/A
1/31/2014	N/A	-2	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALLI is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ALLI is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ALLI is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if ALLI's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: ALLI is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ALLI's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/12/20 09:00
End of Day Share Price	2023/12/19 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Alpha Lithium Corporation is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Gabriel Gonzalez	Echelon Wealth Partners Inc.
Michael Mueller	Echelon Wealth Partners Inc.

Alpha Lithium Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased to CA$1.60

Recent updates

Alpha Lithium Corporation New Common Shares to Be Deleted from OTC Equity

TechEnergy Lithium Canada Inc. completed the acquisition of remaining 32.6% stake in Alpha Lithium Corporation (NEOE:ALLI).

Alpha Lithium Corporation Announces Management Changes

Alpha Lithium Corporation Announces Management Changes

Alpha Lithium to Be De-Listed from the NEO Exchange, Following Completion of the Amalgamation

TechEnergy Lithium Canada Inc. completed the acquisition of 67.4% stake in Alpha Lithium Corporation (NEOE:ALLI) for CAD 180 million.

Independent Director recently sold CA$1.2m worth of stock

Alpha Lithium Corporation Completes Drilling Two Wells on One of its Existing Properties in Hombre Muerto

Less than half of directors are independent

Alpha Lithium Corporation Updates and Improves Preliminary Economic Assessment for Tolillar Project in Argentina

Alpha Lithium Corporation Significantly Increases Resource At Tolillar Salar, Argentina

Alpha Lithium Corporation Announces Positive Preliminary Economic Assessment Results for Tolillar Project in Argentina

Tecpetrol Investments S.L. cancelled the acquisition of Alpha Lithium Corporation (NEOE:ALLI) for approximately CAD 220 million.

Alpha Lithium Corporation Receives Independent Confirmation of Major Fresh Water Discovery At Tolillar Salar, Argentina

Alpha Lithium Corporation Receives Drilling Licenses for Hombre Muerto Salar in Argentina

Less than half of directors are independent

Alpha Lithium Corporation Achieves Best Grades To-Date At Tolillar Salar, Argentina

Alpha Lithium Corporation Announces Audit Committee Changes

Alpha Lithium Announces Maiden Resource At Tolillar Salar, Argentina

Alpha Lithium Corporation Reports First Operational Results in Hombre Muerto Salar, Argentina

Alpha Lithium Corporation, Annual General Meeting, Sep 13, 2022

Alpha Lithium Corporation Completes Drilling in Tolillar and Initiates Exploration At Hombre Muerto

Less than half of directors are independent

Price target decreased to CA$1.60

Chief Financial Officer exercised options to buy CA$105k worth of stock.

Uranium One Holding N.V. completed the acquisition of a 15% stake in Tolillar Salar in Argentina from Alpha Lithium Corporation (TSXV:ALLI).

Alpha Lithium Corporation has completed a Composite Units Offering in the amount of CAD 21.75 million.

Corporate Secretary & Director recently sold CA$156k worth of stock

Alpha Lithium Corporation (TSXV:ALLI) completed the acquisition of an additional 287 Hectares in Hombre Muerto Salar, Argentina for $0.7 million.

Alpha Lithium Corporation (TSXV:ALLI) has agreed to acquire an additional 287 Hectares in Hombre Muerto Salar, Argentina for $0.75 million.

Alpha Lithium Corporation Doubles Previous Milestone to Over 9,400 mg/L from In-House Direct Lithium Extraction Process

Alpha Lithium Achieves Milestone 4,540 mg/L from Direct Extraction Program

Alpha Lithium Corporation has completed a Composite Units Offering in the amount of CAD 20.007 million.

Alpha Lithium Corporation Commences Drilling of Phase Two of Its Three-Phase Drilling Program on Alpha’s 100% Owned, 27,500-Hectare Tolillar Salar

New 90-day high: CA$1.12

Director recently sold CA$50k worth of stock

Alpha Lithium Corporation Adds Second Rig and Accelerates Drilling Program At Tolillar Lithium Project in Argentina

Director exercised options to buy CA$204k worth of stock.

Independent Director recently sold CA$176k worth of stock

New 90-day high: CA$1.00

Alpha Lithium Provides Drilling Update for Tolillar Lithium Project in Argentina

New 90-day high: CA$0.78

Alpha Lithium Corporation Mobilizes Drilling Rig to Validate High Volume Lithium Brine Concentrations At Tolillar Lithium Project, Argentina

Alpha Lithium Corporation Signs Agreement with Beyond Lithium SA to Provide In-House Expertise Regarding Processing Brine and Direct Lithium Extraction Processes

Alpha Lithium Makes Significant Brine Discovery and Increases New Drill Locations At Tolillar Lithium Project, Argentina

Alpha Lithium Corporation Completes Latest Geophysics Program and Applies for Drilling Permits at its Tolillar Lithium Project, Argentina

New 90-day low: CA$0.53

Alpha Lithium Corporation has completed a Composite Units Offering in the amount of $5.000002 million.

Alpha Lithium Corporation announced that it has received CAD 3.704922 million in funding

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources