Sunrise Energy Metals Full Year 2023 Earnings: AU$0.10 loss per share (vs AU$0.17 loss in FY 2022)
Sunrise Energy Metals (ASX:SRL) Full Year 2023 Results
Key Financial Results
Net loss: AU$9.12m (loss narrowed by 40% from FY 2022).
AU$0.10 loss per share (improved from AU$0.17 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sunrise Energy Metals Earnings Insights
Looking ahead, revenue is expected to decline by 150% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 2.3%.
Performance of the Australian Metals and Mining industry.
The company's shares are down 1.9% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Sunrise Energy Metals has 2 warning signs (and 1 which can't be ignored) we think you should know about.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.