Persistence Resources Group Past Earnings Performance
Past criteria checks 1/6
Persistence Resources Group's earnings have been declining at an average annual rate of -0.6%, while the Metals and Mining industry saw earnings growing at 16.5% annually. Revenues have been growing at an average rate of 7.6% per year. Persistence Resources Group's return on equity is 9.7%, and it has net margins of 17%.
Key information
-0.6%
Earnings growth rate
-37.2%
EPS growth rate
| Metals and Mining Industry Growth | 23.0% |
| Revenue growth rate | 7.6% |
| Return on equity | 9.7% |
| Net Margin | 17.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Persistence Resources Group 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 | 383 | 65 | 43 | 0 |
| 30 Sep 23 | 391 | 67 | 38 | 0 |
| 30 Jun 23 | 398 | 69 | 34 | 0 |
| 31 Mar 23 | 408 | 76 | 33 | 0 |
| 31 Dec 22 | 418 | 83 | 32 | 0 |
| 31 Dec 21 | 248 | 42 | 21 | 0 |
| 31 Dec 20 | 361 | 82 | 20 | 0 |
Quality Earnings: 2489 has high quality earnings.
Growing Profit Margin: 2489's current net profit margins (17%) are lower than last year (19.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 2489's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: 2489's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2489 had negative earnings growth (-21.9%) over the past year, making it difficult to compare to the Metals and Mining industry average (2.6%).
Return on Equity
High ROE: 2489's Return on Equity (9.7%) is considered low.