Steppe Gold Past Earnings Performance
Past criteria checks 1/6
Steppe Gold has been growing earnings at an average annual rate of 33.9%, while the Metals and Mining industry saw earnings growing at 22.1% annually. Revenues have been growing at an average rate of 40.1% per year. Steppe Gold's return on equity is 19.4%, and it has net margins of 17.4%.
Key information
33.9%
Earnings growth rate
38.9%
EPS growth rate
| Metals and Mining Industry Growth | 29.2% |
| Revenue growth rate | 40.1% |
| Return on equity | 19.4% |
| Net Margin | 17.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Steppe 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 |
|---|---|---|---|---|
| 31 Dec 23 | 54 | 9 | 10 | 0 |
| 30 Sep 23 | 58 | 14 | 13 | 0 |
| 30 Jun 23 | 63 | 22 | 17 | 0 |
| 31 Mar 23 | 66 | 22 | 15 | 0 |
| 31 Dec 22 | 62 | 16 | 15 | 0 |
| 30 Sep 22 | 51 | -14 | 11 | 0 |
| 30 Jun 22 | 33 | -26 | 11 | 0 |
| 31 Mar 22 | 28 | -30 | 10 | 0 |
| 31 Dec 21 | 24 | -23 | 10 | 0 |
| 30 Sep 21 | 37 | -1 | 12 | 0 |
| 30 Jun 21 | 53 | -1 | 14 | 0 |
| 31 Mar 21 | 60 | -6 | 13 | 0 |
| 31 Dec 20 | 58 | -11 | 12 | 0 |
| 30 Sep 20 | 39 | -5 | 9 | 0 |
| 30 Jun 20 | 20 | -9 | 5 | 0 |
| 31 Mar 20 | 0 | -9 | 5 | 0 |
| 31 Dec 19 | 0 | -5 | 5 | 0 |
| 30 Sep 19 | 0 | -7 | 5 | 0 |
| 30 Jun 19 | 0 | -4 | 5 | 0 |
| 31 Mar 19 | 0 | -11 | 8 | 0 |
| 31 Dec 18 | 0 | -12 | 8 | 0 |
| 30 Sep 18 | 0 | -15 | 8 | 0 |
| 30 Jun 18 | 0 | -15 | 8 | 0 |
| 31 Mar 18 | 0 | -7 | 4 | 0 |
| 31 Dec 17 | 0 | -6 | 4 | 0 |
Quality Earnings: 2J9 has a large one-off loss of $4.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 2J9's current net profit margins (17.4%) are lower than last year (25.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2J9 has become profitable over the past 5 years, growing earnings by 33.9% per year.
Accelerating Growth: 2J9's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2J9 had negative earnings growth (-40.9%) over the past year, making it difficult to compare to the Metals and Mining industry average (-36.4%).
Return on Equity
High ROE: 2J9's Return on Equity (19.4%) is considered low.