Margaret Lake Diamonds Past Earnings Performance

Past criteria checks 0/6

Margaret Lake Diamonds has been growing earnings at an average annual rate of 4.5%, while the Metals and Mining industry saw earnings growing at 32.2% annually.

Key information

4.5%

Earnings growth rate

25.7%

EPS growth rate

Metals and Mining Industry Growth	29.2%
Revenue growth rate	n/a
Return on equity	-192.0%
Net Margin	n/a
Last Earnings Update	31 May 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown
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How Margaret Lake Diamonds makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:M85 Revenue, expenses and earnings (CAD Millions)
Date	Earnings	G+A Expenses
31 May 23	-2	2
28 Feb 23	-2	2
30 Nov 22	-2	2
31 Aug 22	-1	1
31 May 22	0	1
28 Feb 22	0	1
30 Nov 21	0	0
31 Aug 21	0	0
31 May 21	0	0
28 Feb 21	-1	0
30 Nov 20	-1	0
31 Aug 20	-1	0
31 May 20	-1	0
29 Feb 20	-4	0
30 Nov 19	-4	0
31 Aug 19	-4	0
31 May 19	-4	0
28 Feb 19	0	0
30 Nov 18	0	0
31 Aug 18	0	0
31 May 18	0	0
28 Feb 18	0	0
30 Nov 17	0	0
31 Aug 17	0	1
31 May 17	-1	0
28 Feb 17	-1	0
30 Nov 16	-1	0
31 Aug 16	-1	0
31 May 16	0	0
29 Feb 16	0	0
30 Nov 15	0	0
31 Aug 15	0	0
31 May 15	0	0
28 Feb 15	0	0
30 Nov 14	0	0
31 Aug 14	0	0
31 May 14	0	0
28 Feb 14	0	0
30 Nov 13	0	0
31 Aug 13	0	0
31 May 13	0	0
28 Feb 13	0	0

Quality Earnings: M85 is currently unprofitable.

Growing Profit Margin: M85 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: M85 is unprofitable, but has reduced losses over the past 5 years at a rate of 4.5% per year.

Accelerating Growth: Unable to compare M85's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: M85 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-23%).

Return on Equity

High ROE: M85 has a negative Return on Equity (-192.04%), as it is currently unprofitable.

Margaret Lake Diamonds Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

Emerging Goldfields Resources Ltd. signed a non-binding letter of intent to acquire Margaret Lake Diamonds Inc. (TSXV:DIA) in a reverse merger transaction.

Margaret Lake Diamonds Inc. announced that it has received CAD 0.4 million in funding

Margaret Lake Diamonds Inc., Annual General Meeting, Apr 06, 2023

Margaret Lake Diamonds Inc. announced that it expects to receive CAD 0.4 million in funding

Margaret Lake Diamonds Inc. Receives Caustic Fusion Diamond Results from the Sequoia Kimberlite Complex from the Diagras Project

Less than half of directors are independent

Margaret Lake Diamonds Inc. Announces Appointment of Quinn Field Dyte to Its Board of Directors

Margaret Lake Diamonds Inc. Announces Appointment of Andreas Schleich to Its Board of Directors

Margaret Lake Diamonds Inc. Announces Encouraging Diamond Indicator Chemistry Reported from the Arbutus Kimberlite Discovery, Diagras Project, NT

Margaret Lake Diamonds Inc. Announces Election of Geoff Hampson as a Director

Margaret Lake Diamonds Inc. Appoints Richard Barnett as the Chief Financial Officer

Margaret Lake Cheers as JV Partner Arctic Star Discovers New Kimberlite, "Arbutus" Diagras Project

Margaret Lake Diamonds Inc. Announces Board Changes

Margaret Lake Diamonds Inc. Announces CEO Changes

Margaret Lake Diamonds Inc. announced that it expects to receive CAD 1.5 million in funding

Less than half of directors are independent

Margaret Lake Diamonds Inc. Announces Yari Nieken to Join Board of Directors and Jim Wiesenberg to the Advisory Board

Margaret Lake Diamonds Provides Corporate Update on Nickel Properties

Margaret Lake Diamonds Inc. announced that it has received CAD 0.747825 million in funding

Margaret Lake Diamonds Inc. announced that it expects to receive CAD 0.7425 million in funding

Margaret Lake Diamonds announces Arctic Star Sequoia Kimberlite Complex's Indicator Mineral Chemistry Points to Large Diamonds, Diagras Project, NWT

Margaret Lake Diamonds Inc. announced that it expects to receive CAD 0.15 million in funding

Margaret Lake Diamonds Announces Geochemical Sampling at Letain Nickel Cobalt Project, British Columbia

Margaret Lake Diamonds Inc. Announces Arctic-Drilled Two Holes Apart into Different Sectors of A Gravity Low

Margaret Lake Diamonds Announces Arctic Star Doubles Ground Position, Diagras Project

Margaret Lake Diamonds Inc. Announces Old Nick and Letain Nickel-Cobalt Technical Reports Ni 43-101 Compliant and Provides Further Corporate Update

Margaret Lake Diamonds Announces Arctic Stare Completes A Successful Spring Exploration Program

Margaret Lake Diamonds Inc. announced that it has received CAD 0.15 million in funding

Margaret Lake Diamonds Inc. announced that it expects to receive CAD 0.15 million in funding

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
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