Africa Resources Past Earnings Performance
Past criteria checks 0/6
Africa Resources has been growing earnings at an average annual rate of 35.7%, while the Metals and Mining industry saw earnings growing at 10.6% annually. Revenues have been declining at an average rate of 0.01% per year.
Key information
35.7%
Earnings growth rate
36.2%
EPS growth rate
| Metals and Mining Industry Growth | 8.6% |
| Revenue growth rate | -0.01% |
| Return on equity | -7.0% |
| Net Margin | -14.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Africa Resources 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 Sep 24 | 3 | 0 | 0 | 0 |
| 30 Jun 24 | 3 | -1 | 0 | 0 |
| 31 Mar 24 | 2 | -1 | 0 | 0 |
| 31 Dec 23 | 1 | -1 | 0 | 0 |
| 30 Sep 23 | 1 | -2 | 0 | 0 |
| 30 Jun 23 | 1 | -2 | 0 | 0 |
| 31 Mar 23 | 2 | -2 | 1 | 0 |
| 31 Dec 22 | 2 | -2 | 1 | 0 |
| 30 Sep 22 | 3 | -1 | 1 | 0 |
| 30 Jun 22 | 2 | -1 | 1 | 0 |
| 31 Mar 22 | 2 | -1 | 0 | 0 |
| 31 Dec 21 | 2 | -1 | 0 | 0 |
| 30 Sep 21 | 2 | -3 | 1 | 0 |
| 30 Jun 21 | 3 | -3 | 0 | 0 |
| 31 Mar 21 | 3 | -3 | 1 | 0 |
| 31 Dec 20 | 2 | -3 | 1 | 0 |
| 30 Sep 20 | 2 | -2 | 1 | 0 |
| 30 Jun 20 | 1 | -4 | 2 | 0 |
| 31 Mar 20 | 1 | -6 | 2 | 0 |
| 31 Dec 19 | 3 | -5 | 2 | 0 |
| 30 Sep 19 | 2 | -5 | 2 | 0 |
| 30 Jun 19 | 2 | -5 | 1 | 0 |
| 31 Mar 19 | 2 | -4 | 1 | 0 |
| 31 Dec 18 | 0 | -6 | 1 | 0 |
| 30 Sep 18 | 0 | -7 | 0 | 0 |
| 30 Jun 18 | 0 | -7 | 0 | 0 |
| 31 Mar 18 | 0 | -6 | 0 | 0 |
| 31 Dec 17 | 0 | -5 | 0 | 0 |
| 31 Dec 16 | 0 | -2 | 2 | 0 |
Quality Earnings: AFRI is currently unprofitable.
Growing Profit Margin: AFRI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AFRI is unprofitable, but has reduced losses over the past 5 years at a rate of 35.7% per year.
Accelerating Growth: Unable to compare AFRI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AFRI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-15.3%).
Return on Equity
High ROE: AFRI has a negative Return on Equity (-7.03%), as it is currently unprofitable.