Primorus Investments Past Earnings Performance
Past criteria checks 2/6
Primorus Investments's earnings have been declining at an average annual rate of -43.5%, while the Metals and Mining industry saw earnings growing at 12.9% annually. Revenues have been declining at an average rate of 25.7% per year. Primorus Investments's return on equity is 15.8%, and it has net margins of 28.9%.
Key information
-43.5%
Earnings growth rate
-43.5%
EPS growth rate
| Metals and Mining Industry Growth | 19.6% |
| Revenue growth rate | -25.7% |
| Return on equity | 15.8% |
| Net Margin | 28.9% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
How Primorus Investments 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 |
|---|---|---|---|---|
| 30 Jun 24 | 3 | 1 | 0 | 0 |
| 31 Mar 24 | 2 | -1 | 0 | 0 |
| 31 Dec 23 | 0 | -2 | 0 | 0 |
| 30 Sep 23 | 0 | -2 | 1 | 0 |
| 30 Jun 23 | 0 | -1 | 1 | 0 |
| 31 Mar 23 | 0 | -1 | 1 | 0 |
| 31 Dec 22 | -1 | -1 | 1 | 0 |
| 30 Sep 22 | -1 | -1 | 0 | 0 |
| 30 Jun 22 | 0 | -1 | 0 | 0 |
| 31 Mar 22 | 0 | 0 | 0 | 0 |
| 31 Dec 21 | 0 | 0 | 0 | 0 |
| 30 Sep 21 | 1 | 0 | 0 | 0 |
| 30 Jun 21 | 2 | 1 | 1 | 0 |
| 31 Mar 21 | 4 | 2 | 1 | 0 |
| 31 Dec 20 | 6 | 4 | 1 | 0 |
| 30 Sep 20 | 5 | 4 | 1 | 0 |
| 30 Jun 20 | 4 | 3 | 1 | 0 |
| 31 Mar 20 | 2 | 1 | 1 | 0 |
| 31 Dec 19 | 0 | 0 | 1 | 0 |
| 30 Sep 19 | 0 | 0 | 1 | 0 |
| 30 Jun 19 | 1 | 0 | 1 | 0 |
| 31 Mar 19 | 1 | 0 | 1 | 0 |
| 31 Dec 18 | 1 | 0 | 1 | 0 |
| 30 Sep 18 | 1 | 0 | 1 | 0 |
| 30 Jun 18 | 0 | -1 | 1 | 0 |
| 31 Mar 18 | 0 | -1 | 1 | 0 |
| 31 Dec 17 | 0 | -1 | 1 | 0 |
| 30 Sep 17 | 0 | -1 | 1 | 0 |
| 30 Jun 17 | 0 | -1 | 0 | 0 |
| 31 Mar 17 | 0 | -1 | 0 | 0 |
| 31 Dec 16 | 0 | -1 | 0 | 0 |
| 30 Sep 16 | 0 | -1 | 0 | 0 |
| 30 Jun 16 | 0 | 0 | 0 | 0 |
| 31 Mar 16 | 0 | 0 | 0 | 0 |
| 31 Dec 15 | 0 | 0 | 0 | 0 |
| 30 Sep 15 | 0 | 0 | 0 | 0 |
| 30 Jun 15 | 0 | 0 | 0 | 0 |
| 31 Mar 15 | 0 | -1 | 0 | 0 |
| 31 Dec 14 | 0 | -1 | 0 | 0 |
| 30 Sep 14 | 0 | -1 | 0 | 0 |
| 30 Jun 14 | 0 | -1 | 1 | 0 |
| 31 Mar 14 | 0 | -1 | 0 | 0 |
| 31 Dec 13 | 0 | 0 | 0 | 0 |
| 30 Sep 13 | 0 | 0 | 0 | 0 |
Quality Earnings: PRIM has a high level of non-cash earnings.
Growing Profit Margin: PRIM became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PRIM has become profitable over the past 5 years, growing earnings by -43.5% per year.
Accelerating Growth: PRIM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PRIM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (7.6%).
Return on Equity
High ROE: PRIM's Return on Equity (15.8%) is considered low.