Fortuna Mining Past Earnings Performance
Past criteria checks 1/6
Fortuna Mining's earnings have been declining at an average annual rate of -43.7%, while the Metals and Mining industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 28.9% per year. Fortuna Mining's return on equity is 1%, and it has net margins of 0.2%.
Key information
-43.7%
Earnings growth rate
-43.7%
EPS growth rate
| Metals and Mining Industry Growth | 30.5% |
| Revenue growth rate | 28.9% |
| Return on equity | 1.0% |
| Net Margin | 0.2% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Fortuna Mining 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 | 993 | 2 | 75 | 0 |
| 31 Mar 24 | 892 | -35 | 67 | 0 |
| 31 Dec 23 | 842 | -51 | 64 | 0 |
| 30 Sep 23 | 742 | -111 | 61 | 0 |
| 30 Jun 23 | 665 | -143 | 58 | 0 |
| 31 Mar 23 | 675 | -143 | 59 | 0 |
| 31 Dec 22 | 681 | -128 | 61 | 0 |
| 30 Sep 22 | 716 | 40 | 62 | 0 |
| 30 Jun 22 | 712 | 44 | 61 | 0 |
| 31 Mar 22 | 664 | 58 | 55 | 0 |
| 31 Dec 21 | 600 | 58 | 46 | 0 |
| 30 Sep 21 | 504 | 61 | 42 | 0 |
| 30 Jun 21 | 425 | 74 | 40 | 0 |
| 31 Mar 21 | 349 | 52 | 41 | 0 |
| 31 Dec 20 | 279 | 22 | 36 | 0 |
| 30 Sep 20 | 244 | 22 | 33 | 0 |
| 30 Jun 20 | 222 | 1 | 33 | 0 |
| 31 Mar 20 | 246 | 17 | 30 | 0 |
| 31 Dec 19 | 257 | 24 | 32 | 0 |
| 30 Sep 19 | 248 | 7 | 28 | 0 |
| 30 Jun 19 | 246 | 22 | 26 | 0 |
| 31 Mar 19 | 252 | 22 | 27 | 0 |
| 31 Dec 18 | 263 | 34 | 27 | 0 |
| 30 Sep 18 | 279 | 66 | 31 | 0 |
| 30 Jun 18 | 283 | 69 | 30 | 0 |
| 31 Mar 18 | 274 | 67 | 28 | 0 |
| 31 Dec 17 | 268 | 66 | 26 | 0 |
| 30 Sep 17 | 251 | 39 | 18 | 0 |
| 30 Jun 17 | 252 | 39 | 20 | 0 |
| 31 Mar 17 | 232 | 28 | 27 | 0 |
| 31 Dec 16 | 210 | 18 | 31 | 0 |
| 30 Sep 16 | 189 | -6 | 34 | 0 |
| 30 Jun 16 | 163 | -14 | 29 | 0 |
| 31 Mar 16 | 158 | -12 | 22 | 0 |
| 31 Dec 15 | 155 | -11 | 18 | 0 |
| 30 Sep 15 | 156 | 7 | 19 | 0 |
| 30 Jun 15 | 163 | 12 | 20 | 0 |
| 31 Mar 15 | 168 | 15 | 23 | 0 |
| 31 Dec 14 | 174 | 16 | 25 | 0 |
| 30 Sep 14 | 173 | 1 | 24 | 0 |
| 30 Jun 14 | 156 | -7 | 25 | 0 |
| 31 Mar 14 | 142 | -21 | 22 | 0 |
| 31 Dec 13 | 137 | -19 | 20 | 0 |
| 30 Sep 13 | 139 | 4 | 22 | 0 |
Quality Earnings: FVI N has a large one-off loss of $35.1M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: FVI N became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FVI N's earnings have declined by 43.7% per year over the past 5 years.
Accelerating Growth: FVI N has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FVI N has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.7%).
Return on Equity
High ROE: FVI N's Return on Equity (1%) is considered low.