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Focus Minerals Limited

ASX:FML Stock Report

Market Cap: AU$627.6m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Focus Minerals Past Earnings Performance

Past criteria checks 6/6

Focus Minerals has been growing earnings at an average annual rate of 85.3%, while the Metals and Mining industry saw earnings growing at 19.1% annually. Revenues have been growing at an average rate of 74.4% per year. Focus Minerals's return on equity is 31%, and it has net margins of 29.4%.

Key information

85.26%

Earnings growth rate

85.37%

EPS growth rate

Metals and Mining Industry Growth22.33%
Revenue growth rate74.39%
Return on equity30.96%
Net Margin29.38%
Last Earnings Update30 Jun 2026

Recent past performance updates

Analysis Article • Apr 07

We Think Focus Minerals' (ASX:FML) Profit Is Only A Baseline For What They Can Achieve

Focus Minerals Limited's ( ASX:FML ) strong earnings report was rewarded with a positive stock price move. We did some...

Recent updates

Analysis Article • Apr 07

We Think Focus Minerals' (ASX:FML) Profit Is Only A Baseline For What They Can Achieve

Focus Minerals Limited's ( ASX:FML ) strong earnings report was rewarded with a positive stock price move. We did some...
Analysis Article • Jan 29

Subdued Growth No Barrier To Focus Minerals Limited (ASX:FML) With Shares Advancing 40%

Focus Minerals Limited ( ASX:FML ) shares have continued their recent momentum with a 40% gain in the last month alone...
Analysis Article • Nov 12

Focus Minerals Limited (ASX:FML) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Despite an already strong run, Focus Minerals Limited ( ASX:FML ) shares have been powering on, with a gain of 32% in...
Analysis Article • Apr 02

The Return Trends At Focus Minerals (ASX:FML) Look Promising

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article • Jan 22

Focus Minerals Limited (ASX:FML) Soars 32% But It's A Story Of Risk Vs Reward

Focus Minerals Limited ( ASX:FML ) shares have had a really impressive month, gaining 32% after a shaky period...
Analysis Article • Oct 26

Even With A 36% Surge, Cautious Investors Are Not Rewarding Focus Minerals Limited's (ASX:FML) Performance Completely

Despite an already strong run, Focus Minerals Limited ( ASX:FML ) shares have been powering on, with a gain of 36% in...
Analysis Article • Sep 11

Investors Still Aren't Entirely Convinced By Focus Minerals Limited's (ASX:FML) Revenues Despite 30% Price Jump

Focus Minerals Limited ( ASX:FML ) shareholders are no doubt pleased to see that the share price has bounced 30% in the...
Analysis Article • Sep 11

A Piece Of The Puzzle Missing From Focus Minerals Limited's (ASX:FML) 30% Share Price Climb

Those holding Focus Minerals Limited ( ASX:FML ) shares would be relieved that the share price has rebounded 30% in the...
Analysis Article • May 24

Slammed 28% Focus Minerals Limited (ASX:FML) Screens Well Here But There Might Be A Catch

Focus Minerals Limited ( ASX:FML ) shares have had a horrible month, losing 28% after a relatively good period...
Analysis Article • Oct 18

Does Focus Minerals (ASX:FML) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • May 21

Increases to Focus Minerals Limited's (ASX:FML) CEO Compensation Might Cool off for now

CEO Zhaoya Wang has done a decent job of delivering relatively good performance at Focus Minerals Limited ( ASX:FML...
Analysis Article • Apr 01

Would Focus Minerals (ASX:FML) Be Better Off With Less Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Nov 17

Did You Miss Focus Minerals' (ASX:FML) 41% Share Price Gain?

It hasn't been the best quarter for Focus Minerals Limited (ASX:FML) shareholders, since the share price has fallen...
Analysis Article • Jul 28

Introducing Focus Minerals (ASX:FML), A Stock That Climbed 33% In The Last Five Years

When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...

Revenue & Expenses Breakdown

How Focus Minerals makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:FML Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 26478141450
31 Mar 26393105430
31 Dec 2530169410
30 Sep 2522645390
30 Jun 2515219380
31 Mar 2513311350
31 Dec 241154320
30 Sep 24936270
30 Jun 24708210
31 Mar 24513180
31 Dec 2333-3140
30 Sep 2327-8120
30 Jun 2321-1490
31 Mar 2319-970
31 Dec 2217-450
30 Sep 228-650
30 Jun 220-740
31 Mar 220-740
31 Dec 210-730
30 Sep 210-630
30 Jun 210-630
31 Mar 210-730
31 Dec 200-830
30 Sep 202-630
30 Jun 204-420
31 Mar 204-330
31 Dec 194-230
30 Sep 193-440
30 Jun 192-650
31 Mar 191-540
31 Dec 181-430
30 Sep 182-530
30 Jun 182-630
31 Mar 182-630
31 Dec 172-630
30 Sep 172-530
30 Jun 172-430
31 Mar 172-330
31 Dec 162-330
30 Sep 163-330
30 Jun 164-420
31 Mar 164-330
31 Dec 155-330
30 Sep 155-830

Quality Earnings: FML has high quality earnings.

Growing Profit Margin: FML's current net profit margins (29.4%) are higher than last year (12.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FML has become profitable over the past 5 years, growing earnings by 85.3% per year.

Accelerating Growth: FML's earnings growth over the past year (628.5%) exceeds its 5-year average (85.3% per year).

Earnings vs Industry: FML earnings growth over the past year (628.5%) exceeded the Metals and Mining industry 64.3%.


Return on Equity

High ROE: FML's Return on Equity (31%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 22:25
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Focus Minerals Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter ArdenOrd Minnett Limited

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Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
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