Rare Foods Australia Ltd

Consumer Defensive AU RFA

0.016AUD
-0.008(33.33%)

Last update at 2025-03-04T03:27:00Z

Day Range

0.010.02
LowHigh

52 Week Range

0.010.04
LowHigh

Fundamentals

  • Previous Close 0.02
  • Market Cap6.53M
  • Volume547493
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-3.57309M
  • Revenue TTM5.27M
  • Revenue Per Share TTM0.02
  • Gross Profit TTM 0.37M
  • Diluted EPS TTM-0.02

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 -2.49471M 0.03M -1.77561M -5.80555M 2.37M
Minority interest 0.00091M 0.00154M 0.00094M 0.00050M 0.00074M
Net income -1.44458M -0.85343M -1.68301M -4.56452M 1.03M
Selling general administrative 4.74M 3.73M 3.35M 3.50M 3.57M
Selling and marketing expenses 0.34M 0.22M 0.21M 0.28M 0.26M
Gross profit -3.61890M 3.55M 1.38M -2.11211M 5.60M
Reconciled depreciation 0.52M 0.62M 0.67M 0.76M 0.55M
Ebit -5.49153M -1.94146M -3.55041M -7.56325M 0.34M
Ebitda -4.97555M -1.32175M -2.87932M -6.80182M 0.89M
Depreciation and amortization 0.52M 0.62M 0.67M 0.76M 0.55M
Non operating income net other - - - - -
Operating income -5.49153M -1.94146M -3.55041M -7.56325M 0.34M
Other operating expenses 11.05M 5.92M 6.84M 10.09M 2.72M
Interest expense 0.07M 0.03M 0.03M 0.03M 0.00000M
Tax provision 0.76M 0.89M -0.09166M -1.24053M 1.34M
Interest income 0.07M 0.03M 0.02M 0.00092M 0.10M
Net interest income -0.06826M -0.02668M 0.00439M 0.00106M 0.12M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -1.04923M 0.89M -0.09166M -1.24053M 1.34M
Total revenue 5.56M 3.98M 3.29M 2.53M 3.06M
Total operating expenses 1.87M 5.49M 4.93M 5.45M 5.25M
Cost of revenue 9.18M 0.43M 1.91M 4.64M -2.53661M
Total other income expense net 3.00M 2.00M 1.77M 1.76M 1.91M
Discontinued operations - - - - -
Net income from continuing ops -1.44548M -0.85497M -1.68395M -4.56502M 1.03M
Net income applicable to common shares -1.44458M -0.85343M -1.68301M -4.56452M 1.03M
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 15.41M 16.60M 16.47M 15.66M 17.20M
Intangible assets - 0.09M 0.10M 0.10M 0.06M
Earning assets - - - - -
Other current assets 0.37M 0.30M 2.94M 2.87M 2.58M
Total liab 5.79M 4.81M 3.51M 1.93M 1.81M
Total stockholder equity 9.63M 11.79M 12.98M 13.75M 15.40M
Deferred long term liab - - - - -
Other current liab 0.63M - 0.52M 0.62M 0.37M
Common stock 29.33M 27.13M 27.01M 27.01M 27.01M
Capital stock - 27.13M 27.01M 27.01M 27.01M
Retained earnings -20.85307M -16.64637M -15.20179M -14.34836M -12.66536M
Other liab - 2.04M 1.33M 0.39M 0.55M
Good will - - - - -
Other assets - 4.43M 0.28M 0.10M 0.05M
Cash 0.02M 0.02M 0.80M 2.71M 2.78M
Cash and equivalents - - - - -
Total current liabilities 3.29M 1.97M 1.33M 1.04M 0.67M
Current deferred revenue - - - - -
Net debt 2.31M 1.10M 0.39M -2.11622M -2.04618M
Short term debt 1.71M 0.00000M 0.33M 0.10M 0.14M
Short long term debt - 0.74M 0.31M 0.00820M 0.03M
Short long term debt total 2.33M - 1.18M 0.60M 0.73M
Other stockholder equity - 1.31M 1.17M 1.08M 1.05M
Property plant equipment - 4.58M 8.43M 8.15M 9.82M
Total current assets 6.54M 7.50M 6.67M 7.32M 7.20M
Long term investments - - - - -
Net tangible assets - 11.70M 12.88M 13.65M 15.34M
Short term investments - - - - -
Net receivables 2.74M 2.18M 2.10M 1.32M 1.45M
Long term debt - 0.38M 0.40M 0.02M 0.03M
Inventory 3.41M 5.00M 0.84M 0.41M 0.40M
Accounts payable 0.95M 0.51M 0.47M 0.32M 0.16M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 1.15M - 1.17M 1.08M 1.05M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.35M 0.32M 1.21M 0.10M 0.08M
Deferred long term asset charges - - - - -
Non current assets total 8.87M 9.10M 9.81M 8.34M 10.00M
Capital lease obligations - 0.45M 0.48M 0.57M 0.67M
Long term debt total - 0.81M 0.85M 0.50M 0.60M
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 -0.60651M -0.71254M -0.05029M -0.52664M -3.14418M
Change to liabilities 1.05M 0.78M 0.30M -1.52768M -
Total cashflows from investing activities -0.60651M -0.71254M -0.05029M -0.52664M -3.14418M
Net borrowings 0.04M 0.59M -0.13573M -0.20235M -
Total cash from financing activities 0.04M 0.55M -0.16567M 2.46M -0.07325M
Change to operating activities 0.02M -0.79629M 0.23M 0.31M -
Net income -1.44458M -0.85343M -1.68301M -4.56452M 1.03M
Change in cash -0.77519M -1.91750M -0.06620M 0.21M -4.84428M
Begin period cash flow 0.80M 2.71M 2.78M 2.57M 7.42M
End period cash flow 0.02M 0.80M 2.71M 2.78M 2.57M
Total cash from operating activities -0.55176M -1.78344M 0.15M -1.72321M -1.48914M
Issuance of capital stock - - - 2.90M -
Depreciation 0.52M 0.62M 0.67M 0.76M 0.55M
Other cashflows from investing activities 0.00175M 0.03M 0.05M 0.10M 0.36M
Dividends paid - - - 0.03M -
Change to inventory 2.28M 0.29M 1.41M 0.77M 0.93M
Change to account receivables -0.07965M -0.77158M 0.12M 0.30M 0.19M
Sale purchase of stock - - 0.00000M -0.20154M 0.00000M
Other cashflows from financing activities 0.10M 0.61M -0.13156M -0.12574M 0.03M
Change to netincome -2.77761M -1.89842M -0.67716M 2.23M -
Capital expenditures 0.63M 0.74M 0.10M 0.62M 3.51M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 3.22M -0.49664M 1.95M 1.01M 0.93M
Stock based compensation 0.14M 0.08M 0.03M -1.30846M -
Other non cash items -2.01336M -2.00908M -0.70209M 3.54M -5.12790M
Free cash flow -1.18216M -2.52802M 0.06M -0.62266M -4.99771M

Peer Comparison

Sector: Consumer Defensive Industry: Farm Products

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)
RFA
Rare Foods Australia Ltd
-0.008 33.33% 0.02 - - 1.24 0.45 1.29 -6.943
GNC
Graincorp Ltd
-0.05 0.72% 6.94 26.09 17.83 0.24 1.02 0.29 7.42
ELD
Elders Ltd
-0.15 2.09% 7.04 25.75 16.67 0.44 1.60 0.65 11.92
ING
Inghams Group Ltd
-0.02 0.59% 3.39 12.44 11.45 0.39 5.28 0.80 11.31
AAC
Australian Agricultural Company Ltd
0.01 1.00% 1.52 25.08 64.94 2.49 0.58 3.80 13.63

Reports Covered

Stock Research & News

Profile

Rare Foods Australia Limited engages in the abalone ranching business in Australia, Asia, and Europe. It is involved in the harvesting of abalone; deployment and maintenance of artificial reef; and processing and distribution of the Greenlip abalone from the ocean ranching operations in Flinders Bay, Australia. The company was formerly known as Ocean Grown Abalone Limited and changed its name to Rare Foods Australia Limited in November 2021. Rare Foods Australia Limited was incorporated in 2011 and is based in Augusta, Australia.

Rare Foods Australia Ltd

Lot 331 Augusta Boat Harbour, Augusta, WA, Australia, 6290

Key Executives

Name Title Year Born
Mr. Robert Jorden Chief Exec. Officer NA
Mr. Brent Stockden B.Com., CPA CFO, Company Sec. & Commercial Services Mang. NA
Mr. Bradley Adams B.Sc., M.B.A. Exec. Director of Corp. Devel. & Exec. Director NA
Mr. Robert Jorden Chief Executive Officer NA
Mr. Brent Stockden B.Com., CPA CFO, Company Secretary & Commercial Services Manager NA
Mr. Bradley Adams B.Sc., M.B.A. Executive Director of Corporate Development & Executive Director NA
Mr. Robert Jorden Chief Executive Officer NA
Mr. Brent Stockden B.Com., CPA CFO, Company Secretary & Commercial Services Manager NA
Mr. Bradley Adams B.Sc., M.B.A. Executive Director of Corporate Development & Executive Director NA
Mr. Robert Jorden Chief Executive Officer NA

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