Fortress Minerals Past Earnings Performance
Past criteria checks 2/6
Fortress Minerals has been growing earnings at an average annual rate of 4.7%, while the Metals and Mining industry saw earnings growing at 19.4% annually. Revenues have been growing at an average rate of 13.4% per year. Fortress Minerals's return on equity is 13.2%, and it has net margins of 19.5%.
Key information
4.7%
Earnings growth rate
3.4%
EPS growth rate
| Metals and Mining Industry Growth | 28.5% |
| Revenue growth rate | 13.4% |
| Return on equity | 13.2% |
| Net Margin | 19.5% |
| Last Earnings Update | 31 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Fortress Minerals 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 May 24 | 50 | 10 | 8 | 0 |
| 29 Feb 24 | 54 | 10 | 8 | 0 |
| 30 Nov 23 | 54 | 10 | 8 | 0 |
| 31 May 23 | 52 | 10 | 8 | 0 |
| 28 Feb 23 | 54 | 12 | 8 | 0 |
| 30 Nov 22 | 47 | 13 | 7 | 0 |
| 31 Aug 22 | 46 | 12 | 7 | 0 |
| 31 May 22 | 41 | 11 | 5 | 0 |
| 28 Feb 22 | 43 | 14 | 6 | 0 |
| 30 Nov 21 | 55 | 19 | 7 | 0 |
| 31 Aug 21 | 55 | 21 | 6 | 0 |
| 31 May 21 | 58 | 23 | 7 | 0 |
| 28 Feb 21 | 48 | 18 | 6 | 0 |
| 30 Nov 20 | 39 | 14 | 4 | 0 |
| 31 Aug 20 | 32 | 11 | 4 | 0 |
| 31 May 20 | 27 | 8 | 3 | 0 |
| 29 Feb 20 | 26 | 6 | 4 | 0 |
| 30 Nov 19 | 28 | 7 | 6 | 0 |
| 31 Aug 19 | 28 | 6 | 7 | 0 |
| 31 May 19 | 26 | 5 | 8 | 0 |
| 28 Feb 19 | 21 | 5 | 7 | 0 |
| 30 Nov 18 | 10 | 2 | 4 | 0 |
| 31 Aug 18 | 7 | 2 | 3 | 0 |
| 31 May 18 | 0 | 1 | 1 | 0 |
| 28 Feb 18 | 0 | 0 | 0 | 0 |
| 28 Feb 17 | 0 | 0 | 0 | 0 |
Quality Earnings: OAJ has high quality earnings.
Growing Profit Margin: OAJ's current net profit margins (19.5%) are lower than last year (20%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OAJ's earnings have grown by 4.7% per year over the past 5 years.
Accelerating Growth: OAJ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OAJ had negative earnings growth (-5.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (5.7%).
Return on Equity
High ROE: OAJ's Return on Equity (13.2%) is considered low.