MGX Resources

MGX Resources EBIT

The EBIT of MGX Resources (MGX.AX) as of Nov 3, 2026 is -19.77 M AUD. In the previous year, EBIT was -21.23 M AUD — a change of -6.89% (higher).

EBIT

-19.77 MAUD

YoY

-6.89%

Last updated:

In 2026, MGX Resources's EBIT was -19.77 M AUD, a -6.89% increase from the -21.23 M AUD EBIT recorded in the previous year.

The MGX Resources EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT
Date
EBIT
Jan 1, 2020
113.52 M AUD
Jan 1, 2021
99.22 M AUD
Jan 1, 2022
-90.90 M AUD
Jan 1, 2023
85.21 M AUD
Jan 1, 2024
156.73 M AUD
Jan 1, 2025
-21.23 M AUD
Jan 1, 2026
-19.77 M AUD
Jan 1, 2027 (e)
-1.09 M AUD
The MGX Resources EBIT history
YEAREBITYoY
est-1.09 MAUD-94.46%
-19.77 MAUD-6.89%
-21.23 MAUD-113.55%
156.73 MAUD+83.93%
85.21 MAUD-193.74%
-90.90 MAUD-191.61%
99.22 MAUD-12.60%
113.52 MAUD+104.00%
55.65 MAUD+157.35%
21.62 MAUD+188.83%
7.49 MAUD-179.96%
-9.36 MAUD-98.84%
-804.60 MAUD-733.88%
126.93 MAUD+4.38%
121.60 MAUD-57.71%
287.55 MAUD-17.31%
347.74 MAUD+94.99%
178.34 MAUD-7.17%
192.11 MAUD-571.92%
-40.71 MAUD-189.54%
45.46 MAUD—

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MGX Resources Revenue

MGX Resources Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
455.56 M AUD
113.52 M AUD
84.20 M AUD
Jan 1, 2021
300.46 M AUD
99.22 M AUD
64.01 M AUD
Jan 1, 2022
186.11 M AUD
-90.90 M AUD
-174.12 M AUD
Jan 1, 2023
452.69 M AUD
85.21 M AUD
5.18 M AUD
Jan 1, 2024
667.82 M AUD
156.73 M AUD
6.43 M AUD
Jan 1, 2025
330.53 M AUD
-21.23 M AUD
-82.19 M AUD
Jan 1, 2026
198.97 M AUD
-19.77 M AUD
-30.17 M AUD
Jan 1, 2027 (e)
1.13 B AUD
-1.09 M AUD
1.30 B AUD

MGX Resources Margins

MGX Resources stock margins

The MGX Resources margin analysis displays the gross margin, EBIT margin, as well as the profit margin of MGX Resources. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for MGX Resources.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
27.51 %
24.92 %
18.48 %
Jan 1, 2021
28.19 %
33.02 %
21.30 %
Jan 1, 2022
-16.40 %
-48.84 %
-93.55 %
Jan 1, 2023
24.71 %
18.82 %
1.14 %
Jan 1, 2024
31.54 %
23.47 %
0.96 %
Jan 1, 2025
0.07 %
-6.42 %
-24.87 %
Jan 1, 2026
-1.90 %
-9.94 %
-15.16 %
Jan 1, 2027 (e)
-1.90 %
-0.10 %
114.97 %

MGX Resources Stock analysis

What does MGX Resources do? Mount Gibson Iron Ltd is an Australian company specializing in the exploration, development, and production of iron ore. It is based in Perth, Western Australia and operates various mining projects in Australia. The company was founded in 1996 by Michael Atkins and has since become a significant producer of iron ore. It went public in 2008 and is listed on the Australian Securities Exchange. Mount Gibson Iron Ltd's business model focuses on the extraction and sale of iron ore. It operates several mining projects in Australia, including the Koolan Island, Extension Hill, and Iron Hill projects. The company utilizes modern technologies and efficient practices in exploring and developing new ore deposits to keep production costs low. It is divided into different divisions that focus on mining activities, including exploration, development, and production. The products offered by Mount Gibson Iron Ltd include iron ore and magnetized quartz. The company produces high-quality iron ore with high iron content and low impurities, which are sold to various customers in Asia and Europe, including steel and iron mills. The magnetized quartz products are used in the construction industry, as well as in the production of quartz glass and semiconductors. Mount Gibson Iron Ltd has experienced strong growth in recent years and continues to expand its production capacity. In 2021, the company produced 3.7 million tonnes of iron ore and 600,000 tonnes of magnetized quartz. It is also committed to sustainable mining practices and has taken measures to minimize the environmental impact of its activities. In summary, Mount Gibson Iron Ltd is a leading company in the iron ore production industry. It has a strong business foundation and has gained a competitive advantage through its efficient operations and modern technologies. With its focus on sustainable mining practices and the development of new projects, Mount Gibson Iron Ltd has significant potential for future growth and success. MGX Resources is one of the most popular companies on Eulerpool.

EBIT Details

Analyzing MGX Resources's EBIT

MGX Resources's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of MGX Resources's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

MGX Resources's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in MGX Resources’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about MGX Resources stock

EBIT of MGX Resources is -19.77 M AUD in 2026.

EBIT of MGX Resources changed from -21.23 M AUD to -19.77 M AUD, representing a -6.89% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EBIT MGX Resources since 2006 – with annual values, charts, and detailed analysis.

"Earnings before interest and taxes", abbreviated as EBIT, is also referred to as the operating result of a company. It is a key figure that allows the profit to be assessed over a specific period of time, usually a fiscal year. Taxes and interest are not deducted from EBIT, making it suitable for international comparisons of different companies.

Net income
+ Tax expense
+ Interest expense and other financial expenses
- Interest income and other financial income
= EBIT (operating profit)

EBIT's AUD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track EBIT's MGX Resources historically and in real time.

The sales revenue is important for evaluating a stock.

EBIT is an acronym for "Earnings Before Interest and Tax" and represents a company's gross profit before taxes and interest are deducted. The EBIT amount is often used as a metric to evaluate a company.

History

The EBIT was originally introduced in the 1940s when the US Internal Revenue Service (IRS) passed a new tax law. This law required companies to calculate their profit before deducting taxes and interest on loans (or "interest and taxes"). Since then, the EBIT has been used as one of the key financial indicators in evaluating a company.

Usage

The EBIT can be used to assess a company by comparing its financial results to a benchmark or a comparative value. The EBIT is also used to determine how much the company's shareholders will receive from its operating income.

Calculation

EBIT is calculated by deducting taxes and interest on loans from the company's net profit. This amount can be calculated in various ways, but the most common method is as follows:

EBIT = Net profit + interest and taxes

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Net profit of XYZ Co. = $1,000,000
Interest and taxes = $ 500,000
EBIT of XYZ Co. = $1,500,000

Application

The EBIT value is often used to determine and evaluate the financial stability of a company. The EBIT value can also be used to determine how much money a company can spend on investments or dividends.

Use of EBIT in stock investment

Investors use EBIT to determine if a stock is over- or undervalued. If a company has a high EBIT value, it may indicate that its stock is overvalued, as the profit it generates could be lower than what it would generate with a different stock.

Advantages of EBIT

EBIT is a helpful measure for determining the financial stability of a company. There are several advantages associated with using EBIT, such as:
- EBIT eliminates the impact of financing on the company's earnings.
- It is a useful measure for determining the profits that a company can distribute to its shareholders.
- It can be used to determine whether a stock is overvalued or undervalued.

Disadvantages of EBIT

There are also some disadvantages to using EBIT, such as:
- EBIT cannot be used as the sole measure to evaluate a company as it does not reflect the overall profit of the company.
- EBIT can be influenced by unforeseen events such as a tax increase.
- EBIT is not always a reliable indicator of a company's future profit development.

Conclusion

The EBIT is an important measure used to evaluate a company. It can be used to determine how much money a company can generate from its operational results and whether a stock is overvalued or undervalued. However, the EBIT also has some disadvantages as it does not reflect the overall profitability of a company and can be influenced by unforeseen events. Therefore, it is important to consider the EBIT in conjunction with other financial indicators to obtain a complete picture of the company.

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Income Statement — MGX Resources

All Key Metrics — MGX Resources