NexMetals Mining (NEXM) EBIT (2021 - 2023)
NexMetals Mining (NEXM) posted quarterly EBIT of -$15.1 million for Q4 2023, down 366.53% year-over-year from $5.7 million in Q4 2022, and down 678.27% quarter-over-quarter from -$1.9 million in Q3 2023.
NexMetals Mining (NEXM) EBIT (2021 - 2023) Analysis & Trends
NexMetals Mining (NEXM) has reported EBIT for 3 consecutive years, with -$15.1 million the latest figure, recorded in Q4 2023.
- In Q4 2023, EBIT fell 366.53% year-over-year to -$15.1 million; the TTM figure through Dec 2023 stood at -$22.7 million (down 2693.99% YoY), while the FY2024 annual figure was -$28.8 million, down 25.32% from the prior year.
- EBIT fell to -$15.1 million in Q4 2023 per NEXM's latest filing, from -$1.9 million in the prior quarter.
- Across five years, EBIT topped out at $15.3 million in Q3 2022 and bottomed at -$18.7 million in Q1 2022.
- Historically, EBIT has averaged -$3.9 million across 3 years, with a median of -$2.1 million in 2023.
- Annual changes were most pronounced in 2022 — EBIT surged 5204.24% — and 2023, when it slumped 366.53%.
- NexMetals Mining's EBIT stood at -$16.5 million in 2021, then soared by 134.46% to $5.7 million in 2022, then plunged by 366.53% to -$15.1 million in 2023.
- Business Quant data shows NEXM's EBIT at -$15.1 million in Q4 2023, -$1.9 million in Q3 2023, and -$3.3 million in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | 1.18 Bn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | -32.03 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 18.87 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 51.71 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 35.66 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | -46.31 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | -12.19 Mn |
| 10 | NexMetals Mining | 79.49 Mn | 79.49 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -15.13 Mn |
| Sep 30, 2023 | -1.94 Mn |
| Jun 30, 2023 | -3.33 Mn |
| Mar 31, 2023 | -2.28 Mn |
| Dec 31, 2022 | 5.67 Mn |
| Sep 30, 2022 | 15.26 Mn |
| Jun 30, 2022 | -1.39 Mn |
| Mar 31, 2022 | -18.67 Mn |
| Dec 31, 2021 | -16.47 Mn |
| Sep 30, 2021 | -298,935.43 |