Mandalay Resources Past Earnings Performance
Past criteria checks 1/6
Mandalay Resources has been growing earnings at an average annual rate of 61.9%, while the Metals and Mining industry saw earnings growing at 30.4% annually. Revenues have been growing at an average rate of 14.4% per year. Mandalay Resources's return on equity is 6.3%, and it has net margins of 6.7%.
Key information
61.9%
Earnings growth rate
68.8%
EPS growth rate
| Metals and Mining Industry Growth | 30.7% |
| Revenue growth rate | 14.4% |
| Return on equity | 6.3% |
| Net Margin | 6.7% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Does Mandalay Resources (TSE:MND) Have A Healthy Balance Sheet?
Jul 12
Mandalay Resources (TSE:MND) Is Doing The Right Things To Multiply Its Share Price
Jun 15Under The Bonnet, Mandalay Resources' (TSE:MND) Returns Look Impressive
Oct 04Mandalay Resources (TSE:MND) Seems To Use Debt Quite Sensibly
Aug 23Why We Like The Returns At Mandalay Resources (TSE:MND)
Jun 18Mandalay Resources (TSE:MND) Has A Pretty Healthy Balance Sheet
May 11Mandalay Resources Corporation (TSE:MND) Held Back By Insufficient Growth Even After Shares Climb 26%
Mar 07Mandalay Resources (TSE:MND) Is Investing Its Capital With Increasing Efficiency
Mar 04Does Mandalay Resources (TSE:MND) Have A Healthy Balance Sheet?
Nov 07Is Mandalay Resources (TSE:MND) A Risky Investment?
Jul 21Shareholders Would Enjoy A Repeat Of Mandalay Resources' (TSE:MND) Recent Growth In Returns
Jun 10Increases to CEO Compensation Might Be Put On Hold For Now at Mandalay Resources Corporation (TSE:MND)
May 20Shareholders Will Be Pleased With The Quality of Mandalay Resources' (TSE:MND) Earnings
Mar 04Mandalay Resources (TSE:MND) Has A Somewhat Strained Balance Sheet
Feb 23The Mandalay Resources (TSE:MND) Share Price Is Up 118% And Shareholders Are Boasting About It
Feb 02
What Type Of Shareholders Own The Most Number of Mandalay Resources Corporation (TSE:MND) Shares?
Jan 12Read This Before Buying Mandalay Resources Corporation (TSE:MND) Shares
Dec 22Mandalay Resources Corporation (TSE:MND) Could Be Less Than A Year Away From Profitability
Dec 04Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 23 | 169 | 11 | 9 | 0 |
| 31 Mar 23 | 180 | 14 | 8 | 0 |
| 31 Dec 22 | 192 | 24 | 7 | 0 |
| 30 Sep 22 | 223 | 38 | 7 | 0 |
| 30 Jun 22 | 230 | 38 | 7 | 0 |
| 31 Mar 22 | 231 | 40 | 7 | 0 |
| 31 Dec 21 | 229 | 55 | 6 | 0 |
| 30 Sep 21 | 202 | 54 | 6 | 0 |
| 30 Jun 21 | 199 | 46 | 6 | 0 |
| 31 Mar 21 | 190 | 38 | 6 | 0 |
| 31 Dec 20 | 179 | 9 | 7 | 0 |
| 30 Sep 20 | 156 | -12 | 6 | 0 |
| 30 Jun 20 | 135 | -14 | 6 | 0 |
| 31 Mar 20 | 119 | -21 | 6 | 0 |
| 31 Dec 19 | 108 | -19 | 6 | 0 |
| 30 Sep 19 | 108 | -44 | 16 | 0 |
| 30 Jun 19 | 101 | -50 | 16 | 0 |
| 31 Mar 19 | 102 | -64 | 17 | 0 |
| 31 Dec 18 | 112 | -64 | 17 | 0 |
| 30 Sep 18 | 128 | -55 | 20 | 0 |
| 30 Jun 18 | 141 | -55 | 21 | 0 |
| 31 Mar 18 | 157 | -42 | 21 | 0 |
| 31 Dec 17 | 163 | -43 | 21 | 0 |
| 30 Sep 17 | 157 | -45 | 9 | 0 |
| 30 Jun 17 | 170 | -37 | 10 | 0 |
| 31 Mar 17 | 180 | -24 | 10 | 0 |
| 31 Dec 16 | 186 | -20 | 10 | 0 |
| 30 Sep 16 | 197 | 2 | 12 | 0 |
| 30 Jun 16 | 192 | 3 | 11 | 0 |
| 31 Mar 16 | 188 | 4 | 10 | 0 |
| 31 Dec 15 | 195 | 15 | 10 | 0 |
| 30 Sep 15 | 218 | 25 | 11 | 0 |
| 30 Jun 15 | 209 | 23 | 12 | 0 |
| 31 Mar 15 | 203 | 24 | 12 | 0 |
| 31 Dec 14 | 185 | 18 | 13 | 0 |
| 30 Sep 14 | 157 | 14 | 10 | 0 |
| 30 Jun 14 | 172 | 26 | 10 | 0 |
| 31 Mar 14 | 163 | 24 | 9 | 0 |
| 31 Dec 13 | 167 | 29 | 10 | 0 |
| 30 Sep 13 | 184 | 47 | 8 | 0 |
| 30 Jun 13 | 182 | 45 | 9 | 0 |
| 31 Mar 13 | 193 | 62 | 10 | 0 |
| 31 Dec 12 | 172 | 42 | 9 | 0 |
| 30 Sep 12 | 140 | 20 | 12 | 0 |
Quality Earnings: MND has a large one-off gain of $3.4M impacting its last 12 months of financial results to March 25 55463.
Growing Profit Margin: MND's current net profit margins (6.7%) are lower than last year (16.4%).
Past Earnings Growth Analysis
Earnings Trend: MND has become profitable over the past 5 years, growing earnings by 61.9% per year.
Accelerating Growth: MND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MND had negative earnings growth (-69.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (-22%).
Return on Equity
High ROE: MND's Return on Equity (6.3%) is considered low.