Sayona Mining Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Simply Wall St · 08/30 21:30

Sayona Mining (ASX:SYA) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$207.0m (up by AU$205.3m from FY 2023).
  • Net loss: AU$101.4m (loss widened by AU$87.8m from FY 2023).
  • AU$0.01 loss per share (further deteriorated from AU$0.002 loss in FY 2023).
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ASX:SYA Earnings and Revenue Growth August 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sayona Mining Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 24%.

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Australia.

Performance of the Australian Metals and Mining industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Sayona Mining is showing 3 warning signs in our investment analysis that you should know about...