Zimplats Holdings Full Year 2024 Earnings: EPS: US$0.076 (vs US$1.91 in FY 2023)
Zimplats Holdings (ASX:ZIM) Full Year 2024 Results
Key Financial Results
Revenue: US$767.1m (down 20% from FY 2023).
Net income: US$8.22m (down 96% from FY 2023).
Profit margin: 1.1% (down from 21% in FY 2023).
EPS: US$0.076 (down from US$1.91 in FY 2023).
ZIM Production and Reserves
Copper
Production: 0.646 Mt (0.611 Mt in FY 2023)
Proved and probable reserves (ore): 247.3 Mt
All figures shown in the chart above are for the trailing 12 month (TTM) period
In the last 12 months, the only revenue segment was Metals & Mining - Gold & Other Precious Metals contributing US$767.1m. Notably, cost of sales worth US$684.7m amounted to 89% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling US$66.6m 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 ZIM's revenue and expenses shape its earnings.
Zimplats Holdings shares are up 4.5% from a week ago.
Risk Analysis
Be aware that Zimplats Holdings is showing 2 warning signs in our investment analysis and 1 of those is concerning...
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