Rocky Mountain Industrials Past Earnings Performance
Past criteria checks 2/6
Rocky Mountain Industrials has been growing earnings at an average annual rate of 26.5%, while the Metals and Mining industry saw earnings growing at 23.2% annually. Revenues have been growing at an average rate of 1.3% per year. Rocky Mountain Industrials's return on equity is 43.8%, and it has net margins of 357.5%.
Key information
26.5%
Earnings growth rate
34.0%
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | 1.3% |
| Return on equity | 43.8% |
| Net Margin | 357.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How Rocky Mountain Industrials 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 | 1 | 2 | 5 | 0 |
| 30 Sep 23 | 1 | 2 | 5 | 0 |
| 30 Jun 23 | 1 | -7 | 6 | 0 |
| 31 Mar 23 | 1 | -8 | 7 | 0 |
| 31 Dec 22 | 1 | -9 | 8 | 0 |
| 30 Sep 22 | 2 | -10 | 10 | 0 |
| 30 Jun 22 | 3 | -7 | 11 | 0 |
| 31 Mar 22 | 3 | -7 | 12 | 0 |
| 31 Dec 21 | 2 | -1 | 12 | 0 |
| 30 Sep 21 | 1 | -2 | 12 | 0 |
| 30 Jun 21 | 1 | -6 | 12 | 0 |
| 31 Mar 21 | 1 | -7 | 12 | 0 |
| 31 Dec 20 | 1 | -13 | 12 | 0 |
| 30 Sep 20 | 1 | -13 | 12 | 0 |
| 30 Jun 20 | 1 | -12 | 12 | 0 |
| 31 Mar 20 | 1 | -12 | 12 | 0 |
| 31 Dec 19 | 0 | -11 | 11 | 0 |
| 30 Sep 19 | 0 | -11 | 11 | 0 |
| 30 Jun 19 | 1 | -10 | 10 | 0 |
| 31 Mar 19 | 1 | -8 | 9 | 0 |
| 31 Dec 18 | 2 | -19 | 8 | 0 |
| 30 Sep 18 | 2 | -18 | 6 | 0 |
| 30 Jun 18 | 1 | -18 | 6 | 0 |
| 31 Mar 18 | 1 | -18 | 5 | 0 |
| 31 Dec 17 | 1 | -7 | 6 | 0 |
| 30 Sep 17 | 1 | -6 | 6 | 0 |
| 30 Jun 17 | 1 | -6 | 6 | 0 |
| 31 Mar 17 | 0 | -5 | 5 | 0 |
| 31 Dec 16 | 0 | -4 | 4 | 0 |
| 30 Sep 16 | 0 | -3 | 3 | 0 |
| 30 Jun 16 | 0 | -3 | 3 | 0 |
| 31 Mar 16 | 0 | -3 | 3 | 0 |
| 31 Dec 15 | 0 | -3 | 3 | 0 |
| 30 Sep 15 | 0 | -3 | 3 | 0 |
Quality Earnings: RMRI has a high level of non-cash earnings.
Growing Profit Margin: RMRI became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RMRI has become profitable over the past 5 years, growing earnings by 26.5% per year.
Accelerating Growth: RMRI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RMRI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-23%).
Return on Equity
High ROE: Whilst RMRI's Return on Equity (43.81%) is outstanding, this metric is skewed due to their high level of debt.