Snow Lake Resources Ltd.

NasdaqCM:LITM Stock Report

Market Cap: US$7.9m

Snow Lake Resources Past Earnings Performance

Past criteria checks 0/6

Snow Lake Resources's earnings have been declining at an average annual rate of -48.6%, while the Metals and Mining industry saw earnings growing at 22.6% annually.

Key information

-48.6%

Earnings growth rate

-29.5%

EPS growth rate

Metals and Mining Industry Growth26.4%
Revenue growth raten/a
Return on equity-26.9%
Net Marginn/a
Last Earnings Update30 Jun 2024

Recent past performance updates

No updates

Recent updates

Snow Lake Resources CFO Mario Miranda resigns

Jul 11

Nasdaq-Listed Snow Lake Lithium Has A Promising Lithium Project In Manitoba, Canada

May 12

Revenue & Expenses Breakdown

How Snow Lake Resources makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:LITM Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 240-760
31 Mar 240-990
31 Dec 230-12130
30 Sep 230-14140
30 Jun 230-15160
31 Mar 230-14160
31 Dec 220-13150
30 Sep 220-11130
30 Jun 220-9110
31 Mar 220-670
31 Dec 210-330
30 Sep 210-220
30 Jun 210-100
31 Mar 210000
31 Dec 200000
30 Sep 200000
30 Jun 200000

Quality Earnings: LITM is currently unprofitable.

Growing Profit Margin: LITM is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LITM is unprofitable, and losses have increased over the past 5 years at a rate of 48.6% per year.

Accelerating Growth: Unable to compare LITM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LITM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-27.9%).


Return on Equity

High ROE: LITM has a negative Return on Equity (-26.87%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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