G2 Goldfields Past Earnings Performance
Past criteria checks 0/6
G2 Goldfields's earnings have been declining at an average annual rate of -5.4%, while the Metals and Mining industry saw earnings growing at 23.6% annually. Revenues have been growing at an average rate of 6.6% per year.
Key information
-5.4%
Earnings growth rate
6.4%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | 6.6% |
| Return on equity | -4.0% |
| Net Margin | -740.0% |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How G2 Goldfields 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 Aug 24 | 1 | -4 | 4 | 0 |
| 31 May 24 | 1 | -3 | 3 | 0 |
| 29 Feb 24 | 0 | -3 | 3 | 0 |
| 30 Nov 23 | 0 | -4 | 4 | 0 |
| 31 Aug 23 | 0 | -5 | 4 | 0 |
| 31 May 23 | 0 | -4 | 4 | 0 |
| 28 Feb 23 | 0 | -4 | 3 | 0 |
| 30 Nov 22 | 0 | -3 | 3 | 0 |
| 31 Aug 22 | 0 | -2 | 2 | 0 |
| 31 May 22 | 0 | -2 | 2 | 0 |
| 28 Feb 22 | 0 | -12 | 2 | 0 |
| 30 Nov 21 | 0 | -13 | 3 | 0 |
| 31 Aug 21 | 0 | -13 | 3 | 0 |
| 31 May 21 | 0 | -13 | 3 | 0 |
| 28 Feb 21 | 1 | -2 | 2 | 0 |
| 30 Nov 20 | 1 | -2 | 2 | 0 |
| 31 Aug 20 | 1 | -1 | 2 | 0 |
| 31 May 20 | 0 | -1 | 2 | 0 |
| 29 Feb 20 | 0 | -2 | 2 | 0 |
| 30 Nov 19 | 0 | -1 | 1 | 0 |
| 31 Aug 19 | 0 | -1 | 1 | 0 |
| 31 May 19 | 0 | -1 | 1 | 0 |
| 28 Feb 19 | 0 | -1 | 0 | 0 |
| 30 Nov 18 | 0 | -1 | 0 | 0 |
| 31 Aug 18 | 0 | -1 | 0 | 0 |
| 31 May 18 | 0 | -1 | 0 | 0 |
| 28 Feb 18 | 0 | -1 | 1 | 0 |
| 30 Nov 17 | 0 | -1 | 1 | 0 |
| 31 Aug 17 | 0 | -1 | 1 | 0 |
| 31 May 17 | 0 | -1 | 1 | 0 |
| 28 Feb 17 | 0 | -1 | 1 | 0 |
| 30 Nov 16 | 0 | -1 | 0 | 0 |
| 31 Aug 16 | 0 | 0 | 0 | 0 |
Quality Earnings: GTWO is currently unprofitable.
Growing Profit Margin: GTWO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GTWO is unprofitable, and losses have increased over the past 5 years at a rate of 5.4% per year.
Accelerating Growth: Unable to compare GTWO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GTWO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.7%).
Return on Equity
High ROE: GTWO has a negative Return on Equity (-4.04%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:57 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/05/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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
G2 Goldfields Inc. is covered by 3 analysts. 3 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 |
|---|---|
| Joseph Reagor | Roth MKM |
| Brandon Gaspar | SCP Resource Finance LP |
| Stephen Soock | Stifel Canada |