Stock Analysis
- United Kingdom
- /
- Metals and Mining
- /
- AIM:TRR
Trident Royalties Full Year 2023 Earnings: EPS Beats Expectations
Trident Royalties (LON:TRR) Full Year 2023 Results
Key Financial Results
- Revenue: US$9.52m (up 21% from FY 2022).
- Net income: US$2.39m (up from US$3.68m loss in FY 2022).
- Profit margin: 25% (up from net loss in FY 2022).
- EPS: US$0.008 (up from US$0.013 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Trident Royalties EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom.
Performance of the British Metals and Mining industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Trident Royalties that you should be aware of before investing here.
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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.
About AIM:TRR
Trident Royalties
Operates as a diversified mining royalty and streaming company.
High growth potential and fair value.