Majestic Gold Past Earnings Performance
Past criteria checks 2/6
Majestic Gold has been growing earnings at an average annual rate of 17.1%, while the Metals and Mining industry saw earnings growing at 23.7% annually. Revenues have been growing at an average rate of 13.7% per year. Majestic Gold's return on equity is 8%, and it has net margins of 13.7%.
Key information
17.1%
Earnings growth rate
14.8%
EPS growth rate
| Metals and Mining Industry Growth | 29.2% |
| Revenue growth rate | 13.7% |
| Return on equity | 8.0% |
| Net Margin | 13.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Majestic 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 | 55 | 8 | 8 | 0 |
| 30 Sep 23 | 54 | 7 | 6 | 0 |
| 30 Jun 23 | 58 | 8 | 6 | 0 |
| 31 Mar 23 | 60 | 10 | 6 | 0 |
| 31 Dec 22 | 63 | 11 | 6 | 0 |
| 30 Sep 22 | 65 | 10 | 5 | 0 |
| 30 Jun 22 | 58 | 8 | 5 | 0 |
| 31 Mar 22 | 50 | 5 | 5 | 0 |
| 31 Dec 21 | 38 | 5 | 5 | 0 |
| 30 Sep 21 | 39 | 7 | 4 | 0 |
| 30 Jun 21 | 44 | 9 | 5 | 0 |
| 31 Mar 21 | 48 | 11 | 4 | 0 |
| 31 Dec 20 | 52 | 9 | 4 | 0 |
| 30 Sep 20 | 45 | 6 | 4 | 0 |
| 30 Jun 20 | 38 | 5 | 4 | 0 |
| 31 Mar 20 | 32 | 2 | 4 | 0 |
| 31 Dec 19 | 32 | 2 | 4 | 0 |
| 30 Sep 19 | 32 | 5 | 3 | 0 |
| 30 Jun 19 | 32 | 4 | 3 | 0 |
| 31 Mar 19 | 35 | 5 | 3 | 0 |
| 31 Dec 18 | 32 | 4 | 3 | 0 |
| 30 Sep 18 | 33 | 8 | 3 | 0 |
| 30 Jun 18 | 35 | 4 | 3 | 0 |
| 31 Mar 18 | 33 | 4 | 3 | 0 |
| 31 Dec 17 | 34 | 4 | 3 | 0 |
| 30 Sep 17 | 29 | 2 | 3 | 0 |
| 30 Jun 17 | 28 | 1 | 3 | 0 |
| 31 Mar 17 | 27 | 0 | 3 | 0 |
| 31 Dec 16 | 27 | -2 | 4 | 0 |
| 30 Sep 16 | 28 | -3 | 4 | 0 |
| 30 Jun 16 | 29 | -5 | 4 | 0 |
| 31 Mar 16 | 25 | -5 | 4 | 0 |
| 31 Dec 15 | 20 | -4 | 3 | 0 |
| 30 Sep 15 | 23 | -5 | 3 | 0 |
| 30 Jun 15 | 19 | -5 | 2 | 0 |
| 31 Mar 15 | 25 | -6 | 3 | 0 |
| 31 Dec 14 | 27 | -5 | 4 | 0 |
| 30 Sep 14 | 24 | -6 | 5 | 0 |
| 30 Jun 14 | 30 | -6 | 7 | 0 |
| 31 Mar 14 | 25 | -7 | 8 | 0 |
| 31 Dec 13 | 26 | -7 | 8 | 0 |
| 30 Sep 13 | 26 | -5 | 8 | 0 |
| 30 Jun 13 | 30 | -3 | 9 | 0 |
Quality Earnings: MJT has high quality earnings.
Growing Profit Margin: MJT's current net profit margins (13.7%) are lower than last year (17.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MJT's earnings have grown by 17.1% per year over the past 5 years.
Accelerating Growth: MJT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MJT had negative earnings growth (-31.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (-34.7%).
Return on Equity
High ROE: MJT's Return on Equity (8%) is considered low.