Elemental Altus Royalties Past Earnings Performance
Past criteria checks 2/6
Elemental Altus Royalties's earnings have been declining at an average annual rate of -23.7%, while the Metals and Mining industry saw earnings growing at 22.2% annually. Revenues have been growing at an average rate of 30.3% per year. Elemental Altus Royalties's return on equity is 1.2%, and it has net margins of 12.2%.
Key information
-23.7%
Earnings growth rate
1.9%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | 30.3% |
| Return on equity | 1.2% |
| Net Margin | 12.2% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
How Elemental Altus Royalties 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 |
|---|---|---|---|---|
| 30 Sep 24 | 15 | 2 | 8 | 0 |
| 30 Jun 24 | 13 | -1 | 8 | 0 |
| 31 Mar 24 | 12 | -2 | 7 | 0 |
| 31 Dec 23 | 12 | -3 | 7 | 0 |
| 30 Sep 23 | 10 | -17 | 10 | 0 |
| 30 Jun 23 | 11 | -18 | 9 | 0 |
| 31 Mar 23 | 10 | -19 | 8 | 0 |
| 31 Dec 22 | 10 | -18 | 7 | 0 |
| 30 Sep 22 | 9 | -8 | 4 | 0 |
| 30 Jun 22 | 9 | -6 | 4 | 0 |
| 31 Mar 22 | 8 | -5 | 4 | 0 |
| 31 Dec 21 | 7 | -5 | 4 | 0 |
| 30 Sep 21 | 6 | -3 | 3 | 0 |
| 30 Jun 21 | 5 | -4 | 2 | 0 |
| 31 Mar 21 | 5 | -3 | 2 | 0 |
| 31 Dec 20 | 5 | -3 | 2 | 0 |
| 30 Sep 20 | 4 | -3 | 1 | 0 |
| 30 Jun 20 | 4 | -1 | 1 | 0 |
| 31 Mar 20 | 3 | 0 | 1 | 0 |
| 31 Dec 19 | 2 | 0 | 1 | 0 |
| 31 Dec 18 | 1 | 0 | 1 | 0 |
| 31 Dec 17 | 1 | 0 | 0 | 0 |
Quality Earnings: ELE has a large one-off gain of $3.7M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: ELE became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ELE has become profitable over the past 5 years, growing earnings by -23.7% per year.
Accelerating Growth: ELE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ELE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.3%).
Return on Equity
High ROE: ELE's Return on Equity (1.2%) is considered low.