BackSnow Lake Resources Overview

Snow Lake Resources Net Income

Latest net income for LITM: $-6.7M, below the sector sector average of $87M.

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Quarterly Net Income

-$610130.00
61.44% YoY

As of Dec 2024

Annual Net Income (TTM)

-$6.73M
17.84% YoY

Trailing 12 months ending Dec 2024

Average Net Income (Comparison Companies)

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Net Income History

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Net Income Comparison

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Annual Net Income Growth Rate (%)

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Annual Net Income Growth (Absolute)

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Snow Lake Resources (LITM) FAQ

Snow Lake Resources's net income stands at $-6.7M as of December 2024. That compares with $-5.7M in the prior-year period — down 17.8% year over year. That is below the sector sector average of $87M. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Snow Lake Resources reported $-6.7M in net income versus $-5.7M a year earlier — a 17.8% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Snow Lake Resources sits lower the its sector benchmark ($87M) with a net income of $-6.7M. That is roughly 107.8% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

That compares with $-5.7M in the prior-year period — down 17.8% year over year. Sustained growth in net income can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Snow Lake Resources's net income evolved across reporting periods, while the comparison chart places LITM next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.