Inception Mining Past Earnings Performance
Past criteria checks 2/6
Inception Mining has been growing earnings at an average annual rate of 55.9%, while the Metals and Mining industry saw earnings growing at 23.1% annually. Revenues have been declining at an average rate of 43.1% per year.
Key information
55.9%
Earnings growth rate
59.7%
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | -43.1% |
| Return on equity | n/a |
| Net Margin | n/a |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Inception 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 Sep 23 | 0 | 7 | 1 | 0 |
| 30 Jun 23 | 0 | 7 | 1 | 0 |
| 31 Mar 23 | 0 | 7 | 1 | 0 |
| 31 Dec 22 | 0 | -3 | 1 | 0 |
| 30 Sep 22 | -4 | -3 | 0 | 0 |
| 30 Jun 22 | -3 | -3 | 0 | 0 |
| 31 Mar 22 | -2 | 2 | 1 | 0 |
| 31 Dec 21 | 0 | -2 | 1 | 0 |
| 30 Sep 21 | 5 | 5 | 1 | 0 |
| 30 Jun 21 | 5 | 6 | 1 | 0 |
| 31 Mar 21 | 5 | -4 | 1 | 0 |
| 31 Dec 20 | 4 | 2 | 1 | 0 |
| 30 Sep 20 | 4 | -1 | 1 | 0 |
| 30 Jun 20 | 5 | -1 | 2 | 0 |
| 31 Mar 20 | 5 | -10 | 2 | 0 |
| 31 Dec 19 | 5 | -15 | 2 | 0 |
| 30 Sep 19 | 5 | -17 | 2 | 0 |
| 30 Jun 19 | 4 | -22 | 2 | 0 |
| 31 Mar 19 | 4 | -8 | 2 | 0 |
| 31 Dec 18 | 4 | -6 | 2 | 0 |
| 30 Sep 18 | 4 | -7 | 2 | 0 |
| 30 Jun 18 | 4 | -4 | 2 | 0 |
| 31 Mar 18 | 4 | -4 | 2 | 0 |
| 31 Dec 17 | 4 | -3 | 1 | 0 |
| 30 Sep 17 | 4 | 6 | 5 | 0 |
| 30 Jun 17 | 5 | 2 | 5 | 0 |
| 31 Mar 17 | 6 | 16 | 5 | 0 |
| 31 Dec 16 | 6 | 17 | 5 | 0 |
| 30 Sep 16 | 5 | -19 | 2 | 0 |
| 30 Jun 16 | 5 | -14 | 2 | 0 |
| 31 Mar 16 | 4 | -26 | 2 | 0 |
| 31 Dec 15 | 4 | -27 | 1 | 0 |
| 31 Dec 14 | 3 | 0 | 0 | 0 |
Quality Earnings: IMII has a large one-off gain of $6.3M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: IMII became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IMII has become profitable over the past 5 years, growing earnings by 55.9% per year.
Accelerating Growth: IMII has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IMII has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-25.7%).
Return on Equity
High ROE: IMII's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.