Soma Gold Past Earnings Performance
Past criteria checks 4/6
Soma Gold has been growing earnings at an average annual rate of 44%, while the Metals and Mining industry saw earnings growing at 28.1% annually. Revenues have been growing at an average rate of 57.7% per year. Soma Gold's return on equity is 31.3%, and it has net margins of 7.8%.
Key information
44.0%
Earnings growth rate
51.6%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | 57.7% |
| Return on equity | 31.3% |
| Net Margin | 7.8% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Soma Gold Corp.'s (CVE:SOMA) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 24
There's Reason For Concern Over Soma Gold Corp.'s (CVE:SOMA) Price
Oct 15Here's Why Soma Gold (CVE:SOMA) Has A Meaningful Debt Burden
Aug 12Is Soma Gold (CVE:SOMA) A Risky Investment?
Mar 15Is Soma Gold (CVE:SOMA) A Risky Investment?
Nov 23Here's Why Soma Gold (CVE:SOMA) Has A Meaningful Debt Burden
Jun 24Revenue & Expenses BreakdownBeta
How Soma 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 23 | 75 | 6 | 7 | 0 |
| 30 Jun 23 | 64 | 3 | 6 | 0 |
| 31 Mar 23 | 59 | 1 | 6 | 0 |
| 31 Dec 22 | 53 | 0 | 6 | 0 |
| 30 Sep 22 | 50 | 1 | 5 | 0 |
| 30 Jun 22 | 49 | 2 | 6 | 0 |
| 31 Mar 22 | 40 | -1 | 5 | 0 |
| 31 Dec 21 | 40 | -1 | 5 | 0 |
| 30 Sep 21 | 40 | 11 | 5 | 0 |
| 30 Jun 21 | 40 | 11 | 6 | 0 |
| 31 Mar 21 | 33 | 10 | 6 | 0 |
| 31 Dec 20 | 23 | 7 | 6 | 0 |
| 30 Sep 20 | 13 | -28 | 5 | 0 |
| 30 Jun 20 | 2 | -31 | 3 | 0 |
| 31 Mar 20 | 0 | -33 | 4 | 0 |
| 31 Dec 19 | 0 | -32 | 4 | 0 |
| 30 Sep 19 | 0 | -15 | 4 | 0 |
| 30 Jun 19 | 0 | -15 | 5 | 0 |
| 31 Mar 19 | 0 | -7 | 3 | 0 |
| 31 Dec 18 | 0 | -8 | 5 | 0 |
| 30 Sep 18 | 0 | -2 | 4 | 0 |
| 30 Jun 18 | 0 | -1 | 5 | 0 |
| 31 Mar 18 | 0 | -7 | 5 | 0 |
| 31 Dec 17 | 0 | -7 | 5 | 0 |
| 30 Sep 17 | 0 | -7 | 5 | 0 |
| 30 Sep 16 | 0 | -2 | 1 | 0 |
| 31 May 16 | 0 | -3 | 1 | 0 |
| 29 Feb 16 | 0 | -1 | 1 | 0 |
| 30 Nov 15 | 0 | -1 | 1 | 0 |
| 31 Aug 15 | 0 | -1 | 0 | 0 |
| 31 May 15 | 0 | 0 | 0 | 0 |
| 28 Feb 15 | 0 | 0 | 0 | 0 |
| 30 Nov 14 | 0 | 0 | 0 | 0 |
| 31 Aug 14 | 0 | 0 | 0 | 0 |
| 31 May 14 | 0 | 0 | 0 | 0 |
| 28 Feb 14 | 0 | 0 | 0 | 0 |
| 30 Nov 13 | 0 | -3 | 0 | 0 |
| 31 Aug 13 | 0 | -3 | 0 | 0 |
Quality Earnings: SOMA has a large one-off loss of CA$4.3M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: SOMA's current net profit margins (7.8%) are higher than last year (1.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOMA has become profitable over the past 5 years, growing earnings by 44% per year.
Accelerating Growth: SOMA's earnings growth over the past year (564%) exceeds its 5-year average (44% per year).
Earnings vs Industry: SOMA earnings growth over the past year (564%) exceeded the Metals and Mining industry -22.5%.
Return on Equity
High ROE: Whilst SOMA's Return on Equity (31.29%) is high, this metric is skewed due to their high level of debt.