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Accelerate Resources Ltd

Basic Materials AU AX8

0.012AUD
-(-%)

Last update at 2025-02-05T05:10:00Z

Day Range

0.010.01
LowHigh

52 Week Range

0.0060.06
LowHigh

Fundamentals

  • Previous Close 0.01
  • Market Cap8.61M
  • Volume103778
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-2.60257M
  • Revenue TTM0.05M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.05M
  • Diluted EPS TTM-

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax -2.30832M -1.22153M -3.37405M -1.50585M -1.71510M
Minority interest - - - - -
Net income -2.30832M -1.22153M -3.37405M -1.50585M -1.66907M
Selling general administrative 0.56M 0.62M 1.13M 0.41M 0.14M
Selling and marketing expenses 0.12M 0.26M 0.85M 0.00590M 0.07M
Gross profit - 0.00150M 0.11M 0.07M 0.05M
Reconciled depreciation 0.01M 0.00220M 0.00602M 0.03M 0.00212M
Ebit -2.30832M -1.22303M -3.55859M -1.45245M -1.76114M
Ebitda -2.29753M -1.22083M -3.55256M -1.42595M -1.75902M
Depreciation and amortization 0.01M 0.00220M 0.00602M 0.03M 0.00212M
Non operating income net other - - - - -
Operating income -2.30832M -1.22153M -3.44827M -1.44574M -1.76114M
Other operating expenses 2.31M 1.22M 3.48M 1.57M 1.76M
Interest expense - 0.00150M 0.00000M 0.00000M 0.00000M
Tax provision 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Interest income - - - 0.07M 0.05M
Net interest income - - - 0.07M 0.05M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - 0.00150M -0.12554M 0.06M -0.04604M
Total revenue 0.00000M 0.00150M 0.11M 0.07M 0.05M
Total operating expenses 2.31M 1.22M 3.56M 1.51M 1.76M
Cost of revenue - - - - -
Total other income expense net - 0.00150M 0.18M 0.00672M 0.05M
Discontinued operations - - - - -
Net income from continuing ops -2.30832M -1.22153M -3.37405M -1.50585M -1.71510M
Net income applicable to common shares -2.30832M -1.22153M -3.37405M -1.50585M -1.71510M
Preferred stock and other adjustments - - - - -
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 12.69M 8.03M 6.69M 3.78M 3.53M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 0.10M 0.15M 0.11M 1.01M 0.00978M
Total liab 0.93M 0.42M 0.33M 0.14M 0.19M
Total stockholder equity 11.76M 7.61M 6.36M 3.64M 3.34M
Deferred long term liab - - - - -
Other current liab 0.23M 0.19M 0.11M 0.13M 0.11M
Common stock 22.20M 16.17M 12.95M 9.09M 6.23M
Capital stock - 16.17M 12.95M 9.09M 6.23M
Retained earnings -13.97931M -11.35088M -9.04256M -7.82103M -4.44697M
Other liab - - - - -
Good will - - - - -
Other assets - 1.24M 1.13M 0.55M -
Cash 1.95M 2.04M 2.31M 1.23M 0.16M
Cash and equivalents - - - - -
Total current liabilities 0.93M 0.42M 0.33M 0.14M 0.19M
Current deferred revenue - - - - -
Net debt -1.95226M -2.03716M -2.31396M -1.23244M -0.15661M
Short term debt - 0.00000M 0.00000M 0.00000M 0.03M
Short long term debt - - - - -
Short long term debt total - - - - -
Other stockholder equity 0.00000M -4.81813M -3.90606M -1.26992M -1.77836M
Property plant equipment - 4.61M 2.13M 0.92M 3.31M
Total current assets 2.11M 2.19M 3.43M 2.31M 0.21M
Long term investments - - - - -
Net tangible assets - 7.61M 6.36M 3.64M 3.34M
Short term investments - 0.05M 0.05M 0.06M 0.03M
Net receivables 0.10M 0.13M 0.13M 0.00926M 0.02M
Long term debt - - - - -
Inventory -0.04943M - 0.87M 0.90M -
Accounts payable 0.70M 0.23M 0.22M 0.01M 0.08M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 3.55M 2.80M 2.45M 2.37M 1.56M
Additional paid in capital - - - - -
Common stock total equity - - - - 6.23M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.24M 1.24M 1.13M 0.55M -3.31341M
Deferred long term asset charges - - - - -
Non current assets total 10.58M 5.84M 3.26M 1.47M 3.31M
Capital lease obligations - - - - -
Long term debt total - 0.00000M 0.00000M 0.00000M 0.00000M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -1.95181M -1.03977M -0.81605M -0.13658M -0.00114M
Change to liabilities 0.01M 0.20M -0.03453M 0.07M -0.28793M
Total cashflows from investing activities -1.95181M -1.03977M -0.81605M -0.13658M -1.44923M
Net borrowings - - - -0.02116M -0.02116M
Total cash from financing activities 2.79M 2.91M 2.53M 0.28M 0.28M
Change to operating activities 0.00465M -0.00666M 0.03M 0.03M 0.03M
Net income -2.30832M -1.22153M -3.37405M -1.50585M -1.66907M
Change in cash -0.27679M 1.08M 1.08M -0.52662M -2.75085M
Begin period cash flow 2.31M 1.23M 0.16M 0.68M 3.43M
End period cash flow 2.04M 2.31M 1.23M 0.16M 0.68M
Total cash from operating activities -1.11697M -0.79239M -0.63722M -0.67332M -1.30162M
Issuance of capital stock 3.00M 3.10M 2.70M 0.36M -
Depreciation 1.01M 0.09M 1.71M 0.59M 0.00212M
Other cashflows from investing activities 0.45M 0.00000M -0.54957M 0.20M -0.54957M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -0.20801M -0.18633M -0.17090M -0.05409M -0.05409M
Other cashflows from financing activities -1.95181M -1.03977M -0.81605M -0.02116M -0.02116M
Change to netincome 0.17M 0.15M 1.02M 0.14M 0.00661M
Capital expenditures 2.40M 1.04M 0.40M 0.34M 0.00114M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.00000M 0.00150M 0.11M 0.06M -1.40205M
Stock based compensation 0.07M 0.15M 1.10M 0.08M -
Other non cash items 0.11M 0.19M -0.07508M 0.16M 1.71M
Free cash flow -3.51654M -1.83215M -1.03870M -1.01457M -0.00114M

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AX8
Accelerate Resources Ltd		 - -% 0.01 - - 167.78 0.73 - -6.2513
BHP
BHP Group Limited		 0.60 1.52% 40.13 16.00 10.71 3.59 2.87 2.38 5.63
RIO
Rio Tinto Ltd		 2.42 2.07% 119.18 11.19 14.62 3.53 2.14 2.27 5.51
FMG
Fortescue Ltd		 0.37 1.99% 18.99 6.56 9.58 3.26 1.88 2.06 3.55
S32
South32 Ltd		 0.07 2.07% 3.45 - 28.90 2.71 1.03 1.83 70.94

Reports Covered

Stock Research & News

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Profile

Accelerate Resources Limited operates as a mineral exploration company in Australia. The company explores for manganese, gold, and lithium deposits, as well as other minerals. Its flagship properties are the Karratha lithium project that consists of an area of approximately 90 square kilometers located in West Pilbara, Western Australia; and the Woodie Woodie North manganese project that covers an area of approximately 423 square kilometers situated in East Pilbara, Western Australia. Accelerate Resources Limited was incorporated in 2017 and is headquartered in West Perth, Australia.

Accelerate Resources Ltd

16 Ord Street, West Perth, WA, Australia, 6005

Key Executives

Name Title Year Born
Ms. Yaxi Zhan MD & Director NA
Mr. Kevin Joyce Exploration Mang. NA
Ms. Deborah Ho AGIA, B.Com. Company Sec. 1988
Ms. Yaxi Zhan Company Secretary & Executive Director NA
Mr. Luke Meter Chief Executive Officer NA
Mr. Kevin Joyce Exploration Manager NA
Ms. Yaxi Zhan Company Secretary & Executive Director NA
Mr. Luke Meter Chief Executive Officer NA
Mr. Kevin Joyce Exploration Manager NA
Ms. Yaxi Zhan Company Secretary & Executive Director NA

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