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Magnis Resources Revenue Q/Q

What is the Revenue Q/Q of Magnis Resources?

The Revenue Q/Q of Magnis Resources Limited is 70,344.44%

What is the definition of Revenue Q/Q?

Quarterly revenue growth, year over year, is the increase of a company’s revenue compared to the performance in the corresponding quarter of a previous year expressed as a percentage.

quarterly growth yoy (year over year)

Quaterly revenue growth is the amount by which revenue exceeds the revenue in a previous quarter. It is beneficial to look at a company's quarterly financials to identify how the company is performing over time not just during the current period. The usage of year over year comparison is advantageous in removing seasonalities in reporting the quarterly revenue growth and observing longterm trends.

Revenue Q/Q of companies in the Technology sector on ASX compared to Magnis Resources

What does Magnis Resources do?

Magnis Energy Technologies Limited engages in the exploration and development of mineral properties in the United States, Australia, and Tanzania. It primarily explores for natural flake graphite used in batteries for storing electrical energy. The company holds a 100% interest in the Nachu graphite project located in southeast Tanzania. It also engages in the lithium-ion Battery investments. The company was formerly known as Magnis Resources Limited and changed its name to Magnis Energy Technologies Limited in November 2018. Magnis Energy Technologies Limited was incorporated in 2005 and is based in Sydney, Australia.

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