NexMetals Mining (NEXM) Net Income (2021 - 2023)
NexMetals Mining (NEXM) posted quarterly Net Income of -$15.7 million for Q4 2023, down 377.21% year-over-year from $5.7 million in Q4 2022, and down 523.49% quarter-over-quarter from -$2.5 million in Q3 2023.
NexMetals Mining (NEXM) Net Income (2021 - 2023) Analysis & Trends
NexMetals Mining (NEXM) has reported Net Income for 3 consecutive years, with -$15.7 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Net Income fell 377.21% year-over-year to -$15.7 million; the TTM figure through Sep 2024 stood at -$15.7 million (down 450.07% YoY), while the FY2024 annual figure was -$22.3 million, down 25.65% from the prior year.
- Net Income eased to -$15.7 million in Q4 2023 per NEXM's latest filing, from -$2.5 million in the prior quarter.
- Across five years, Net Income topped out at $5.7 million in Q4 2022 and bottomed at -$18.7 million in Q1 2022.
- Historically, Net Income has averaged -$5.2 million across 3 years, with a median of -$3.1 million in 2023.
- On a YoY basis, Net Income climbed as much as 192.46% in 2022 and fell as far as 2337.41% in 2022.
- NexMetals Mining's Net Income stood at -$6.1 million in 2021, then soared by 192.46% to $5.7 million in 2022, then tumbled by 377.21% to -$15.7 million in 2023.
- Business Quant data shows NEXM's Net Income at -$15.7 million in Q4 2023, -$2.5 million in Q3 2023, and -$3.7 million in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn | 1.47 Bn |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn | -20.30 Mn |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn | 131.43 Mn |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn | 38.76 Mn |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn | -11.96 Mn |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 25.46 Mn |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 | -11.91 Mn |
| 10 | NexMetals Mining | 87.33 Mn | 87.33 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -15.73 Mn |
| Sep 30, 2023 | -2.52 Mn |
| Jun 30, 2023 | -3.69 Mn |
| Mar 31, 2023 | -2.32 Mn |
| Dec 31, 2022 | 5.67 Mn |
| Sep 30, 2022 | -7.29 Mn |
| Jun 30, 2022 | -1.46 Mn |
| Mar 31, 2022 | -18.67 Mn |
| Dec 31, 2021 | -6.14 Mn |
| Sep 30, 2021 | -298,935.43 |