Element 29 Resources Past Earnings Performance
Past criteria checks 0/6
Element 29 Resources's earnings have been declining at an average annual rate of -27%, while the Metals and Mining industry saw earnings growing at 29.1% annually.
Key information
-27.0%
Earnings growth rate
-4.5%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | n/a |
| Return on equity | -12.2% |
| Net Margin | n/a |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Element 29 Resources 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 | -2 | 1 | 0 |
| 30 Sep 23 | 0 | -4 | 1 | 0 |
| 30 Jun 23 | 0 | -4 | 2 | 0 |
| 31 Mar 23 | 0 | -4 | 2 | 0 |
| 31 Dec 22 | 0 | -5 | 3 | 0 |
| 30 Sep 22 | 0 | -4 | 3 | 0 |
| 30 Jun 22 | 0 | -4 | 3 | 0 |
| 31 Mar 22 | 0 | -4 | 3 | 0 |
| 31 Dec 21 | 0 | -3 | 2 | 0 |
| 30 Sep 21 | 0 | -3 | 3 | 0 |
| 30 Jun 21 | 0 | -3 | 2 | 0 |
| 31 Mar 21 | 0 | -3 | 2 | 0 |
| 31 Dec 20 | 0 | -2 | 2 | 0 |
| 30 Sep 20 | 0 | -1 | 1 | 0 |
| 30 Jun 20 | 0 | -1 | 1 | 0 |
| 31 Mar 20 | 0 | -1 | 1 | 0 |
| 31 Dec 19 | 0 | -1 | 1 | 0 |
Quality Earnings: ECU is currently unprofitable.
Growing Profit Margin: ECU is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ECU is unprofitable, and losses have increased over the past 5 years at a rate of 27% per year.
Accelerating Growth: Unable to compare ECU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ECU is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-26.1%).
Return on Equity
High ROE: ECU has a negative Return on Equity (-12.18%), as it is currently unprofitable.