IRC Past Earnings Performance
Past criteria checks 0/6
IRC's earnings have been declining at an average annual rate of -44.9%, while the Metals and Mining industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 6.2% per year.
Key information
-44.9%
Earnings growth rate
-42.5%
EPS growth rate
| Metals and Mining Industry Growth | 29.2% |
| Revenue growth rate | 6.2% |
| Return on equity | -37.7% |
| Net Margin | -46.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How IRC 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 24 | 226 | -104 | 0 | 0 |
| 31 Mar 24 | 240 | -131 | 0 | 0 |
| 31 Dec 23 | 253 | -157 | 0 | 0 |
| 30 Sep 23 | 253 | -116 | 1 | 0 |
| 30 Jun 23 | 252 | -76 | 1 | 0 |
| 31 Mar 23 | 266 | -82 | 1 | 0 |
| 31 Dec 22 | 279 | -88 | 1 | 0 |
| 30 Sep 22 | 299 | -65 | 1 | 0 |
| 30 Jun 22 | 320 | -42 | 1 | 0 |
| 31 Mar 22 | 346 | 46 | 1 | 0 |
| 31 Dec 21 | 371 | 134 | 1 | 0 |
| 30 Sep 21 | 353 | 163 | 1 | 0 |
| 30 Jun 21 | 336 | 193 | 2 | 0 |
| 31 Mar 21 | 280 | 147 | 2 | 0 |
| 31 Dec 20 | 225 | 101 | 2 | 0 |
| 30 Sep 20 | 209 | 47 | 1 | 0 |
| 30 Jun 20 | 194 | -8 | 1 | 0 |
| 31 Mar 20 | 186 | -23 | 1 | 0 |
| 31 Dec 19 | 177 | -39 | 1 | 0 |
| 30 Sep 19 | 174 | 10 | 3 | 0 |
| 30 Jun 19 | 171 | 59 | 4 | 0 |
| 31 Mar 19 | 161 | 63 | 4 | 0 |
| 31 Dec 18 | 152 | 68 | 4 | 0 |
| 30 Sep 18 | 140 | 88 | 2 | 0 |
| 30 Jun 18 | 128 | 107 | 0 | 0 |
| 31 Mar 18 | 119 | 110 | 0 | 0 |
| 31 Dec 17 | 109 | 113 | 0 | 0 |
| 30 Sep 17 | 80 | 48 | 3 | 0 |
| 30 Jun 17 | 51 | -18 | 5 | 0 |
| 31 Mar 17 | 34 | -18 | 7 | 0 |
| 31 Dec 16 | 16 | -18 | 9 | 0 |
| 30 Sep 16 | 36 | -169 | 9 | 0 |
| 30 Jun 16 | 55 | -320 | 10 | 0 |
| 31 Mar 16 | 68 | -415 | 10 | 0 |
| 31 Dec 15 | 82 | -509 | 11 | 0 |
| 30 Sep 15 | 90 | -468 | 14 | 0 |
| 30 Jun 15 | 98 | -428 | 17 | 0 |
| 31 Mar 15 | 110 | -373 | 16 | 0 |
| 31 Dec 14 | 122 | -318 | 15 | 0 |
| 30 Sep 14 | 129 | -218 | 16 | 0 |
| 30 Jun 14 | 136 | -119 | 17 | 0 |
| 31 Mar 14 | 148 | -80 | 17 | 0 |
| 31 Dec 13 | 161 | -42 | 16 | 0 |
| 30 Sep 13 | 168 | -45 | 13 | 0 |
Quality Earnings: 2I8 is currently unprofitable.
Growing Profit Margin: 2I8 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2I8 is unprofitable, and losses have increased over the past 5 years at a rate of 44.9% per year.
Accelerating Growth: Unable to compare 2I8's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2I8 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7%).
Return on Equity
High ROE: 2I8 has a negative Return on Equity (-37.66%), as it is currently unprofitable.