Nordic Mining ASA

BATS-CHIXE:NOMO Stock Report

Market Cap: NOK 447.4m

Nordic Mining Past Earnings Performance

Past criteria checks 4/6

Nordic Mining has been growing earnings at an average annual rate of 58.5%, while the Metals and Mining industry saw earnings growing at 18% annually.

Key information

58.5%

Earnings growth rate

56.1%

EPS growth rate

Metals and Mining Industry Growth19.6%
Revenue growth raten/a
Return on equity45.1%
Net Marginn/a
Next Earnings Update07 Feb 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Nordic Mining makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BATS-CHIXE:NOMO Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 220224150
30 Jun 220283160
31 Mar 220203190
31 Dec 2105190
30 Sep 21025190
30 Jun 210-35190
31 Mar 210-37170
31 Dec 200-33170
30 Sep 200-75170
30 Jun 200-89170
31 Mar 200-97170
31 Dec 1901180
30 Sep 19019170
30 Jun 19019160
31 Mar 19023160
31 Dec 180-72130
30 Sep 180-60120
30 Jun 180-51110
31 Mar 180-49120
31 Dec 170-36120
30 Sep 170-35100
30 Jun 170-30100
31 Mar 170-23100
31 Dec 160-2790
30 Sep 160-2290
30 Jun 160-2090
31 Mar 160-1870

Quality Earnings: NOMO has a high level of non-cash earnings.

Growing Profit Margin: Insufficient data to determine if NOMO's profit margins have improved over the past year.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NOMO has become profitable over the past 5 years, growing earnings by 58.5% per year.

Accelerating Growth: NOMO's earnings growth over the past year (780.3%) exceeds its 5-year average (58.5% per year).

Earnings vs Industry: NOMO earnings growth over the past year (780.3%) exceeded the Metals and Mining industry -19.2%.


Return on Equity

High ROE: NOMO's Return on Equity (45.1%) is considered outstanding.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/12/27 20:38
End of Day Share Price 2022/09/29 00:00
Earnings2022/09/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nordic Mining ASA is covered by 4 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Morten NormannCarnegie Investment Bank AB
Andreas BertheussenKepler Cheuvreux
Aleksandr SolovjovNorne Securities AS