Grounded Lithium Past Earnings Performance
Past criteria checks 0/6
Grounded Lithium has been growing earnings at an average annual rate of 40%, while the Metals and Mining industry saw earnings growing at 29.2% annually. Revenues have been declining at an average rate of 15.9% per year.
Key information
40.0%
Earnings growth rate
67.9%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | -15.9% |
| Return on equity | -145.7% |
| Net Margin | -25,880.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Grounded Lithium 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 | -4 | 3 | 0 |
| 30 Sep 23 | 0 | -6 | 3 | 0 |
| 30 Jun 23 | 0 | -8 | 6 | 0 |
| 31 Mar 23 | 0 | -8 | 6 | 0 |
| 31 Dec 22 | 0 | -7 | 5 | 0 |
| 30 Sep 22 | 0 | -7 | 5 | 0 |
| 30 Jun 22 | 0 | -3 | 2 | 0 |
| 31 Mar 22 | 0 | -3 | 1 | 0 |
Quality Earnings: GRD is currently unprofitable.
Growing Profit Margin: GRD is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if GRD's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare GRD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GRD 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: GRD has a negative Return on Equity (-145.66%), as it is currently unprofitable.