Rare Earth Magnesium Technology Group Holdings Past Earnings Performance
Past criteria checks 0/6
Rare Earth Magnesium Technology Group Holdings's earnings have been declining at an average annual rate of -63%, while the Metals and Mining industry saw earnings growing at 32.2% annually. Revenues have been declining at an average rate of 22.6% per year.
Key information
-63.0%
Earnings growth rate
-62.3%
EPS growth rate
| Metals and Mining Industry Growth | 29.2% |
| Revenue growth rate | -22.6% |
| Return on equity | -38.2% |
| Net Margin | -80.7% |
| Last Earnings Update | 30 Jun 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Rare Earth Magnesium Technology Group Holdings 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 Jun 22 | 472 | -381 | 225 | 0 |
| 31 Mar 22 | 444 | -357 | 191 | 0 |
| 31 Dec 21 | 416 | -332 | 156 | 0 |
| 30 Sep 21 | 488 | -220 | 140 | 0 |
| 30 Jun 21 | 559 | -108 | 123 | 0 |
| 31 Mar 21 | 652 | -91 | 116 | 0 |
| 31 Dec 20 | 745 | -74 | 109 | 0 |
| 30 Sep 20 | 951 | 3 | 109 | 0 |
| 30 Jun 20 | 1,157 | 81 | 109 | 0 |
| 31 Mar 20 | 1,336 | 145 | 101 | 0 |
| 31 Dec 19 | 1,515 | 210 | 93 | 0 |
| 30 Jun 19 | 1,468 | 229 | 61 | 0 |
| 31 Mar 19 | 1,503 | 223 | 67 | 0 |
| 31 Dec 18 | 1,538 | 218 | 72 | 0 |
| 30 Jun 18 | 1,451 | 186 | 81 | 0 |
| 31 Mar 18 | 1,304 | 174 | 76 | 0 |
| 31 Dec 17 | 1,158 | 162 | 70 | 0 |
| 30 Sep 17 | 1,605 | 238 | 81 | 9 |
| 30 Jun 17 | 1,474 | 226 | 62 | 10 |
| 31 Mar 17 | 1,299 | 182 | 72 | 15 |
| 31 Dec 16 | 1,123 | 137 | 82 | 20 |
| 31 Dec 15 | 186 | 0 | 77 | 21 |
Quality Earnings: GPS is currently unprofitable.
Growing Profit Margin: GPS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GPS is unprofitable, and losses have increased over the past 5 years at a rate of 63% per year.
Accelerating Growth: Unable to compare GPS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GPS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-23%).
Return on Equity
High ROE: GPS has a negative Return on Equity (-38.23%), as it is currently unprofitable.