Alpha Lithium Past Earnings Performance

Past criteria checks 0/6

Alpha Lithium's earnings have been declining at an average annual rate of -44.3%, while the Metals and Mining industry saw earnings growing at 27.8% annually.

Key information

-44.3%

Earnings growth rate

-14.0%

EPS growth rate

Metals and Mining Industry Growth	27.4%
Revenue growth rate	n/a
Return on equity	-14.7%
Net Margin	n/a
Last Earnings Update	30 Sep 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Alpha Lithium makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NEOE:ALLI Revenue, expenses and earnings (CAD Millions)
Date	Earnings	G+A Expenses
30 Sep 23	-11	16
30 Jun 23	-13	16
31 Mar 23	-13	16
31 Dec 22	-15	17
30 Sep 22	-14	15
30 Jun 22	-13	15
31 Mar 22	-13	14
31 Dec 21	-9	12
30 Sep 21	-8	11
30 Jun 21	-7	9
31 Mar 21	-5	7
31 Dec 20	-7	6
31 Dec 19	-1	1
31 Oct 19	-1	0
31 Jul 19	0	0
30 Apr 19	0	0
31 Jan 19	0	0
31 Oct 18	0	0
31 Jul 18	-1	0
30 Apr 18	-1	1
31 Jan 18	-1	1
31 Oct 17	-1	1
31 Jul 17	-1	1
30 Apr 17	-5	1
31 Jan 17	-5	1
31 Oct 16	-5	1
31 Jul 16	-5	1
30 Apr 16	-1	0
31 Jan 16	0	0
31 Oct 15	0	0
31 Jul 15	0	0
30 Apr 15	-1	1
31 Jan 15	-1	1
31 Oct 14	-1	1
31 Jul 14	-1	1
30 Apr 14	-1	1
31 Jan 14	-2	1

Quality Earnings: ALLI is currently unprofitable.

Growing Profit Margin: ALLI is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ALLI is unprofitable, and losses have increased over the past 5 years at a rate of 44.3% per year.

Accelerating Growth: Unable to compare ALLI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ALLI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-31.4%).

Return on Equity

High ROE: ALLI has a negative Return on Equity (-14.69%), as it is currently unprofitable.

Alpha Lithium Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

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

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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