Stock Analysis

Jubilee Metals Group Full Year 2024 Earnings: Misses Expectations

AIM:JLP
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Jubilee Metals Group (LON:JLP) Full Year 2024 Results

Key Financial Results

  • Revenue: US$205.4m (up 14% from FY 2023).
  • Net income: US$5.95m (down 64% from FY 2023).
  • Profit margin: 2.9% (down from 9.1% in FY 2023).
  • EPS: US$0.002 (down from US$0.006 in FY 2023).

JLP Production and Reserves

Platinum
  • Production: 36.411 troy koz (53.888 troy koz in FY 2023)
  • Number of mines: 1 (1.269954154655 in FY 2023)
Copper
  • Production: 3,422 t (3,712 t in FY 2023)
  • Number of mines: 1 (1.269954154655 in FY 2023)
earnings-and-revenue-growth
AIM:JLP Earnings and Revenue Growth October 4th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Jubilee Metals Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 25%.

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 1.4% growth forecast for the Metals and Mining industry in the United Kingdom.

Performance of the British Metals and Mining industry.

The company's shares are down 2.0% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Jubilee Metals Group, and understanding them should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.