Nordic Iron Ore Past Earnings Performance
Past criteria checks 0/6
Nordic Iron Ore's earnings have been declining at an average annual rate of -1.7%, while the Metals and Mining industry saw earnings growing at 9.5% annually. Revenues have been declining at an average rate of 3.6% per year.
Key information
-1.7%
Earnings growth rate
17.9%
EPS growth rate
| Metals and Mining Industry Growth | 8.6% |
| Revenue growth rate | -3.6% |
| Return on equity | -9.8% |
| Net Margin | n/a |
| Next Earnings Update | 16 May 2024 |
Revenue & Expenses BreakdownBeta
How Nordic Iron Ore 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 | 0 | -13 | 11 | 0 |
| 30 Sep 23 | 0 | -13 | 11 | 0 |
| 30 Jun 23 | 0 | -11 | 9 | 0 |
| 31 Mar 23 | 0 | -12 | 9 | 0 |
| 31 Dec 22 | 0 | -10 | 9 | 0 |
| 30 Sep 22 | 0 | -10 | 8 | 0 |
| 30 Jun 22 | 0 | -9 | 7 | 0 |
| 31 Mar 22 | 0 | -8 | 7 | 0 |
| 31 Dec 21 | 0 | -9 | 8 | 0 |
| 30 Sep 21 | 0 | -9 | 8 | 0 |
| 30 Jun 21 | 0 | -9 | 8 | 0 |
| 31 Mar 21 | 0 | -9 | 8 | 0 |
| 31 Dec 20 | 0 | -9 | 7 | 0 |
| 30 Sep 20 | 0 | -10 | 8 | 0 |
| 30 Jun 20 | 0 | -10 | 8 | 0 |
| 31 Mar 20 | 0 | -11 | 9 | 0 |
| 31 Dec 19 | 0 | -11 | 9 | 0 |
| 30 Sep 19 | 0 | -11 | 9 | 0 |
| 30 Jun 19 | 0 | -10 | 9 | 0 |
| 31 Mar 19 | 0 | -10 | 9 | 0 |
| 31 Dec 18 | 0 | -10 | 9 | 0 |
| 30 Sep 18 | 0 | -10 | 8 | 0 |
| 30 Jun 18 | 0 | -9 | 8 | 0 |
| 31 Mar 18 | 0 | -9 | 8 | 0 |
| 31 Dec 17 | 0 | -9 | 8 | 0 |
| 30 Sep 17 | 0 | -9 | 8 | 0 |
| 30 Jun 17 | 0 | -9 | 7 | 0 |
| 31 Mar 17 | 0 | -9 | 7 | 0 |
| 31 Dec 16 | 0 | -9 | 7 | 0 |
| 30 Sep 16 | 0 | -9 | 8 | 0 |
| 30 Jun 16 | 0 | -10 | 8 | 0 |
| 31 Mar 16 | 0 | -12 | 10 | 0 |
| 31 Dec 15 | 0 | -13 | 11 | 0 |
| 30 Sep 15 | 0 | -14 | 12 | 0 |
| 30 Jun 15 | 0 | -20 | 13 | 0 |
| 31 Mar 15 | 0 | -20 | 14 | 0 |
| 31 Dec 14 | 0 | -23 | 14 | 0 |
| 30 Sep 14 | 0 | -23 | 14 | 0 |
| 30 Jun 14 | 0 | -18 | 13 | 0 |
| 31 Mar 14 | 0 | -17 | 12 | 0 |
| 31 Dec 13 | 0 | -16 | 13 | 0 |
| 30 Sep 13 | 0 | -17 | 15 | 0 |
Quality Earnings: NIO is currently unprofitable.
Growing Profit Margin: NIO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NIO is unprofitable, and losses have increased over the past 5 years at a rate of 1.7% per year.
Accelerating Growth: Unable to compare NIO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NIO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-2.9%).
Return on Equity
High ROE: NIO has a negative Return on Equity (-9.79%), as it is currently unprofitable.