Magna Gold Past Earnings Performance
Past criteria checks 0/6
Magna Gold's earnings have been declining at an average annual rate of -25.3%, while the Metals and Mining industry saw earnings growing at 27.9% annually. Revenues have been growing at an average rate of 81.7% per year.
Key information
-25.3%
Earnings growth rate
-1.0%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | 81.7% |
| Return on equity | -980.8% |
| Net Margin | -21.7% |
| Last Earnings Update | 30 Sep 2022 |
Recent past performance updates
Recent updates
Magna Gold (CVE:MGR) Takes On Some Risk With Its Use Of Debt
Aug 23
Shareholders In Magna Gold (CVE:MGR) Should Look Beyond Earnings For The Full Story
May 07We Think Magna Gold (CVE:MGR) Has A Fair Chunk Of Debt
Mar 17Is Magna Gold (CVE:MGR) A Risky Investment?
Oct 16Did Business Growth Power Magna Gold's (CVE:MGR) Share Price Gain of 200%?
Feb 23Magna Gold Corp. (CVE:MGR) Insiders Increased Their Holdings
Jan 01
Revenue & Expenses BreakdownBeta
How Magna Gold 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 22 | 89 | -19 | 8 | 0 |
| 30 Jun 22 | 107 | -6 | 9 | 0 |
| 31 Mar 22 | 107 | 5 | 8 | 0 |
| 31 Dec 21 | 99 | 5 | 8 | 0 |
| 30 Sep 21 | 84 | 0 | 6 | 0 |
| 30 Jun 21 | 65 | -6 | 8 | 0 |
| 31 Mar 21 | 52 | -9 | 8 | 0 |
| 31 Dec 20 | 37 | -7 | 7 | 0 |
| 30 Sep 20 | 22 | -6 | 7 | 0 |
| 30 Jun 20 | 8 | -4 | 4 | 0 |
| 31 Mar 20 | 0 | -2 | 2 | 0 |
| 31 Dec 19 | 0 | -4 | 3 | 0 |
| 30 Sep 19 | 0 | -3 | 2 | 0 |
| 30 Jun 19 | 0 | -2 | 1 | 0 |
| 31 Mar 19 | 0 | -1 | 0 | 0 |
Quality Earnings: MGR.H is currently unprofitable.
Growing Profit Margin: MGR.H is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGR.H is unprofitable, and losses have increased over the past 5 years at a rate of 25.3% per year.
Accelerating Growth: Unable to compare MGR.H's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MGR.H is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-31.4%).
Return on Equity
High ROE: MGR.H has a negative Return on Equity (-980.82%), as it is currently unprofitable.