In This Article:
Stanmore Resources (ASX:SMR) Full Year 2024 Results
Key Financial Results
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Revenue: US$2.40b (down 14% from FY 2023).
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Net income: US$191.5m (down 60% from FY 2023).
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Profit margin: 8.0% (down from 17% in FY 2023). The decrease in margin was driven by lower revenue.
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EPS: US$0.21 (down from US$0.52 in FY 2023).
SMR Production and Reserves
Coal
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Production: 13.8 Mt (13.2 Mt in FY 2023)
All figures shown in the chart above are for the trailing 12 month (TTM) period
Stanmore Resources Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 10%.
Looking ahead, revenue is expected to decline by 4.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 4.5%.
Performance of the Australian Metals and Mining industry.
The company's shares are up 1.6% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Stanmore Resources (at least 1 which can't be ignored), and understanding these should be part of your investment process.
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