Griffin Mining Full Year 2022 Earnings: EPS: US$0.044 (vs US$0.14 in FY 2021)

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Griffin Mining (LON:GFM) Full Year 2022 Results

Key Financial Results

  • Revenue: US$94.4m (down 22% from FY 2021).

  • Net income: US$7.70m (down 70% from FY 2021).

  • Profit margin: 8.2% (down from 21% in FY 2021). The decrease in margin was driven by lower revenue.

  • EPS: US$0.044 (down from US$0.14 in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Griffin Mining Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.

Performance of the British Metals and Mining industry.

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

Risk Analysis

Be aware that Griffin Mining is showing 2 warning signs in our investment analysis that you should know about...

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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.

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