Deterra Royalties Full Year 2024 Earnings: Misses Expectations

[email protected] (Simply Wall St)
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In This Article:

Deterra Royalties (ASX:DRR) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$240.5m (up 4.9% from FY 2023).

  • Net income: AU$154.9m (up 1.6% from FY 2023).

  • Profit margin: 64% (down from 67% in FY 2023). The decrease in margin was driven by higher expenses.

  • EPS: AU$0.29 (up from AU$0.29 in FY 2023).

revenue-and-expenses-breakdown

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

Deterra Royalties Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 7.7%.

In the last 12 months, the only revenue segment was Royalty Arrangements contributing AU$240.5m. The most substantial expense, totaling AU$72.6m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how DRR's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 5.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 1.8%.

Performance of the Australian Metals and Mining industry.

The company's shares are up 4.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Deterra Royalties that you should be aware of.

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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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