Fortune Minerals Past Earnings Performance
Past criteria checks 0/6
Fortune Minerals's earnings have been declining at an average annual rate of -65.8%, while the Metals and Mining industry saw earnings growing at 28.9% annually.
Key information
-65.8%
Earnings growth rate
-62.5%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | n/a |
| Return on equity | n/a |
| Net Margin | n/a |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Would Fortune Minerals (TSE:FT) Be Better Off With Less Debt?
Dec 21
Fortune Minerals (TSE:FT) Is Making Moderate Use Of Debt
Sep 07Here's Why Fortune Minerals (TSE:FT) Can Afford Some Debt
May 25Would Fortune Minerals (TSE:FT) Be Better Off With Less Debt?
Nov 29Is Fortune Minerals (TSE:FT) Using Too Much Debt?
May 05Here's Why Fortune Minerals (TSE:FT) Can Afford Some Debt
Sep 02Fortune Minerals (TSE:FT) Is Making Moderate Use Of Debt
Mar 31We Think Fortune Minerals (TSE:FT) Has A Fair Chunk Of Debt
Nov 19Revenue & Expenses BreakdownBeta
How Fortune Minerals 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 |
|---|---|---|---|---|
| 31 Dec 23 | 0 | -3 | 2 | 0 |
| 30 Sep 23 | 0 | -33 | 2 | 0 |
| 30 Jun 23 | 0 | -33 | 1 | 0 |
| 31 Mar 23 | 0 | -34 | 2 | 0 |
| 31 Dec 22 | 0 | -3 | 3 | 0 |
| 30 Sep 22 | 0 | -2 | 2 | 0 |
| 30 Jun 22 | 0 | -1 | 2 | 0 |
| 31 Mar 22 | 0 | 2 | 1 | 0 |
| 31 Dec 21 | 0 | -2 | 1 | 0 |
| 30 Sep 21 | 0 | -2 | 1 | 0 |
| 30 Jun 21 | 0 | -3 | 1 | 0 |
| 31 Mar 21 | 0 | -5 | 1 | 0 |
| 31 Dec 20 | 0 | -2 | 1 | 0 |
| 30 Sep 20 | 0 | 0 | 1 | 0 |
| 30 Jun 20 | 0 | 0 | 1 | 0 |
| 31 Mar 20 | 0 | 0 | 1 | 0 |
| 31 Dec 19 | 0 | -3 | 2 | 0 |
| 30 Sep 19 | 0 | -4 | 2 | 0 |
| 30 Jun 19 | 0 | -4 | 2 | 0 |
| 31 Mar 19 | 0 | 3 | 2 | 0 |
| 31 Dec 18 | 0 | 9 | 2 | 0 |
| 30 Sep 18 | 0 | 4 | 2 | 0 |
| 30 Jun 18 | 0 | 2 | 2 | 0 |
| 31 Mar 18 | 0 | -5 | 2 | 0 |
| 31 Dec 17 | 0 | -12 | 2 | 0 |
| 30 Sep 17 | 0 | -7 | 2 | 0 |
| 30 Jun 17 | 0 | -9 | 2 | 0 |
| 31 Mar 17 | 0 | -11 | 1 | 0 |
| 31 Dec 16 | 0 | -8 | 1 | 0 |
| 30 Sep 16 | 0 | -9 | 1 | 0 |
| 30 Jun 16 | 0 | -8 | 2 | 0 |
| 31 Mar 16 | 0 | -13 | 2 | 0 |
| 31 Dec 15 | 0 | -11 | 2 | 0 |
| 30 Sep 15 | 0 | -13 | 1 | 0 |
| 30 Jun 15 | 0 | -12 | 1 | 0 |
| 31 Mar 15 | 0 | -6 | 2 | 0 |
| 31 Dec 14 | 0 | -7 | 3 | 0 |
| 30 Sep 14 | 0 | -45 | 3 | 0 |
| 30 Jun 14 | 0 | -44 | 3 | 0 |
| 31 Mar 14 | 0 | -44 | 3 | 0 |
| 31 Dec 13 | 0 | -44 | 3 | 0 |
| 30 Sep 13 | 0 | -8 | 3 | 0 |
Quality Earnings: FT is currently unprofitable.
Growing Profit Margin: FT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FT is unprofitable, and losses have increased over the past 5 years at a rate of 65.8% per year.
Accelerating Growth: Unable to compare FT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.5%).
Return on Equity
High ROE: FT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.