Mako Mining Past Earnings Performance
Past criteria checks 4/6
Mako Mining has been growing earnings at an average annual rate of 42%, while the Metals and Mining industry saw earnings growing at 28.6% annually. Revenues have been growing at an average rate of 41.8% per year. Mako Mining's return on equity is 33%, and it has net margins of 10.3%.
Key information
42.0%
Earnings growth rate
64.9%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | 41.8% |
| Return on equity | 33.0% |
| Net Margin | 10.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Mako Mining Corp. (CVE:MKO) Stock Rockets 28% But Many Are Still Ignoring The Company
Mar 22
Positive Sentiment Still Eludes Mako Mining Corp. (CVE:MKO) Following 28% Share Price Slump
Jan 30Mako Mining (CVE:MKO) Seems To Use Debt Quite Sensibly
Jan 11Market Might Still Lack Some Conviction On Mako Mining Corp. (CVE:MKO) Even After 27% Share Price Boost
Dec 15Mako Mining (CVE:MKO) Is Carrying A Fair Bit Of Debt
Aug 23Does Mako Mining (CVE:MKO) Have A Healthy Balance Sheet?
Apr 26Is Mako Mining (CVE:MKO) A Risky Investment?
Jan 09Mako Mining (CVE:MKO) Has A Pretty Healthy Balance Sheet
Sep 22Mako Mining (CVE:MKO) Seems To Use Debt Quite Sensibly
Jun 03Mako Mining (CVE:MKO) Is Making Moderate Use Of Debt
Feb 04We Believe Mako Mining's (CVE:MKO) Earnings Are A Poor Guide For Its Profitability
Dec 06Auditors Have Doubts About Mako Mining (CVE:MKO)
May 04Akiba Jacob Leisman Is The CEO & Director of Mako Mining Corp. (CVE:MKO) And They Just Picked Up 2.2% More Shares
Feb 26Have Insiders Been Buying Mako Mining Corp. (CVE:MKO) Shares?
Dec 04
Revenue & Expenses BreakdownBeta
How Mako Mining 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 | 66 | 7 | 12 | 0 |
| 30 Sep 23 | 56 | -4 | 13 | 0 |
| 30 Jun 23 | 58 | -9 | 16 | 0 |
| 31 Mar 23 | 62 | -10 | 16 | 0 |
| 31 Dec 22 | 63 | -12 | 18 | 0 |
| 30 Sep 22 | 64 | -8 | 16 | 0 |
| 30 Jun 22 | 65 | 1 | 14 | 0 |
| 31 Mar 22 | 53 | 2 | 12 | 0 |
| 31 Dec 21 | 35 | 10 | 12 | 0 |
| 30 Sep 21 | 19 | 2 | 10 | 0 |
| 30 Jun 21 | 5 | -4 | 10 | 0 |
| 31 Mar 21 | 1 | -8 | 11 | 0 |
| 31 Dec 20 | 1 | -12 | 11 | 0 |
| 31 Dec 19 | 13 | -14 | 11 | 0 |
| 31 Oct 19 | 16 | -21 | 11 | 0 |
| 31 Jul 19 | 14 | -25 | 10 | 0 |
| 30 Apr 19 | 8 | -25 | 6 | 0 |
| 31 Jan 19 | 4 | -19 | 6 | 0 |
| 31 Oct 18 | 0 | -5 | 5 | 0 |
| 31 Jul 18 | 0 | -4 | 4 | 0 |
| 30 Apr 18 | 0 | -3 | 3 | 0 |
| 31 Jan 18 | 0 | -1 | 1 | 0 |
| 31 Oct 17 | 0 | -1 | 0 | 0 |
| 31 Jul 17 | 0 | -1 | 1 | 0 |
| 30 Apr 17 | 0 | -1 | 1 | 0 |
| 31 Jan 17 | 0 | -1 | 1 | 0 |
| 31 Oct 16 | 0 | -1 | 1 | 0 |
| 31 Jul 16 | 0 | -1 | 1 | 0 |
| 30 Apr 16 | 0 | 0 | 0 | 0 |
| 31 Jan 16 | 0 | 0 | 0 | 0 |
| 31 Oct 15 | 0 | -1 | 0 | 0 |
| 31 Jul 15 | 0 | -1 | 0 | 0 |
| 30 Apr 15 | 0 | -1 | 1 | 0 |
| 31 Jan 15 | 0 | -1 | 1 | 0 |
| 31 Oct 14 | 0 | -1 | 1 | 0 |
| 31 Jul 14 | 0 | -1 | 1 | 0 |
| 30 Apr 14 | 0 | -1 | 1 | 0 |
| 31 Jan 14 | 0 | -1 | 1 | 0 |
| 31 Oct 13 | 0 | -1 | 1 | 0 |
| 31 Jul 13 | 0 | -2 | 1 | 0 |
Quality Earnings: MKO has high quality earnings.
Growing Profit Margin: MKO became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MKO has become profitable over the past 5 years, growing earnings by 42% per year.
Accelerating Growth: MKO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MKO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.5%).
Return on Equity
High ROE: MKO's Return on Equity (33%) is considered high.