African Rainbow Minerals Past Earnings Performance
Past criteria checks 1/6
African Rainbow Minerals has been growing earnings at an average annual rate of 18%, while the Metals and Mining industry saw earnings growing at 23.7% annually. Revenues have been growing at an average rate of 11% per year. African Rainbow Minerals's return on equity is 8.1%, and it has net margins of 41.8%.
Key information
18.0%
Earnings growth rate
17.7%
EPS growth rate
| Metals and Mining Industry Growth | 29.2% |
| Revenue growth rate | 11.0% |
| Return on equity | 8.1% |
| Net Margin | 41.8% |
| Next Earnings Update | 06 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How African Rainbow Minerals 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 | 11,733 | 4,906 | 1,286 | 212 |
| 30 Sep 23 | 13,198 | 6,492 | 1,286 | 212 |
| 30 Jun 23 | 14,662 | 8,078 | 1,286 | 212 |
| 31 Mar 23 | 16,629 | 10,500 | 1,217 | 189 |
| 31 Dec 22 | 18,595 | 12,921 | 1,148 | 166 |
| 30 Sep 22 | 17,756 | 12,674 | 1,148 | 166 |
| 30 Jun 22 | 16,917 | 12,426 | 1,148 | 166 |
| 31 Mar 22 | 17,297 | 12,039 | 940 | 136 |
| 31 Dec 21 | 17,677 | 11,651 | 732 | 105 |
| 30 Sep 21 | 18,667 | 12,139 | 732 | 105 |
| 30 Jun 21 | 19,657 | 12,626 | 732 | 105 |
| 31 Mar 21 | 17,405 | 9,664 | 724 | 110 |
| 31 Dec 20 | 15,153 | 6,701 | 716 | 115 |
| 30 Sep 20 | 13,403 | 5,333 | 716 | 115 |
| 30 Jun 20 | 11,653 | 3,965 | 716 | 115 |
| 31 Mar 20 | 10,943 | 4,173 | 685 | 112 |
| 31 Dec 19 | 10,233 | 4,380 | 654 | 108 |
| 30 Sep 19 | 9,534 | 3,967 | 654 | 108 |
| 30 Jun 19 | 8,834 | 3,554 | 654 | 108 |
| 31 Mar 19 | 8,475 | 3,835 | 636 | 54 |
| 31 Dec 18 | 8,115 | 4,115 | 617 | 0 |
| 30 Sep 18 | 8,129 | 4,431 | 617 | 0 |
| 30 Jun 18 | 8,142 | 4,747 | 617 | 0 |
| 31 Dec 17 | 8,156 | 3,551 | 603 | 0 |
| 30 Sep 17 | 8,157 | 2,491 | 603 | 0 |
| 30 Jun 17 | 8,158 | 1,431 | 603 | 0 |
| 31 Dec 16 | 8,008 | 2,013 | 759 | 0 |
| 30 Sep 16 | 8,086 | 1,606 | 759 | 0 |
| 30 Jun 16 | 8,164 | 1,199 | 759 | 0 |
| 31 Mar 16 | 8,756 | -1,129 | 895 | 0 |
| 31 Dec 15 | 8,766 | -1,693 | 914 | 0 |
| 30 Sep 15 | 9,015 | -794 | 914 | 0 |
| 30 Jun 15 | 9,263 | 104 | 914 | 0 |
| 31 Mar 15 | 9,745 | 1,240 | 997 | 0 |
| 31 Dec 14 | 10,227 | 2,376 | 1,080 | 0 |
| 30 Sep 14 | 10,116 | 2,833 | 1,080 | 0 |
| 30 Jun 14 | 10,004 | 3,289 | 1,080 | 0 |
| 31 Mar 14 | 9,190 | 2,616 | 954 | 0 |
| 31 Dec 13 | 8,376 | 1,942 | 827 | 0 |
| 30 Sep 13 | 7,859 | 1,788 | 827 | 0 |
| 30 Jun 13 | 7,342 | 1,634 | 827 | 0 |
Quality Earnings: EB9 has a large one-off loss of ZAR3.3B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: EB9's current net profit margins (41.8%) are lower than last year (69.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EB9's earnings have grown by 18% per year over the past 5 years.
Accelerating Growth: EB9's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EB9 had negative earnings growth (-62%) over the past year, making it difficult to compare to the Metals and Mining industry average (-34.7%).
Return on Equity
High ROE: EB9's Return on Equity (8.1%) is considered low.