Giga Metals Corporation

TSXV:GIGA Stock Report

Market Cap: CA$18.6m

Giga Metals Past Earnings Performance

Past criteria checks 0/6

Giga Metals's earnings have been declining at an average annual rate of -22.7%, while the Metals and Mining industry saw earnings growing at 28.6% annually.

Key information

-22.7%

Earnings growth rate

-14.6%

EPS growth rate

Metals and Mining Industry Growth27.4%
Revenue growth raten/a
Return on equity-9.2%
Net Marginn/a
Last Earnings Update31 Dec 2023

Recent past performance updates

No updates

Recent updates

Here's Why We're Not Too Worried About Giga Metals' (CVE:GIGA) Cash Burn Situation

Aug 31
Here's Why We're Not Too Worried About Giga Metals' (CVE:GIGA) Cash Burn Situation

Revenue & Expenses Breakdown
Beta

How Giga Metals makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:GIGA Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 230-220
30 Sep 230-220
30 Jun 230-220
31 Mar 230-320
31 Dec 220-330
30 Sep 220-330
30 Jun 220-330
31 Mar 220-330
31 Dec 210-330
30 Sep 210-330
30 Jun 210-330
31 Mar 210-220
31 Dec 200-220
30 Sep 200-220
30 Jun 200-220
31 Mar 200-220
31 Dec 190-220
30 Sep 190-520
30 Jun 190220
31 Mar 190220
31 Dec 180120
30 Sep 180420
30 Jun 180-110
31 Mar 180-110
31 Dec 170-110
30 Sep 170000
30 Jun 170000
31 Mar 170000
31 Dec 160000
30 Sep 160-1000
30 Jun 160-1000
31 Mar 160-1000
31 Dec 150-1000
30 Sep 150-2300
30 Jun 150-2300
31 Mar 150-2300
31 Dec 140-2300
30 Sep 140000
30 Jun 140000
31 Mar 140000
31 Dec 130000
30 Sep 130010

Quality Earnings: GIGA is currently unprofitable.

Growing Profit Margin: GIGA is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GIGA is unprofitable, and losses have increased over the past 5 years at a rate of 22.7% per year.

Accelerating Growth: Unable to compare GIGA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GIGA 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: GIGA has a negative Return on Equity (-9.24%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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