Avenira Limited (AEV) AI Stock Analysis

• Market Cap: AU$34.07M
• Dividend Yield: N/A
• Average Volume (3M): 648.30K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.50
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 4,258,644,000
• 10 Day Avg. Volume: 648,296
• 30 Day Avg. Volume: 648,296
• PEG Ratio: -0.44
• Price to Book (P/B): 1.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.58
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: AU$0.01 ▲(0.00% Upside)

The score is held down primarily by weak financial performance (ongoing losses and persistent negative operating/free cash flow), only partially offset by modest leverage on the balance sheet. Valuation is also constrained by a negative P/E that reflects unprofitable operations, while the lack of technical indicator data limits confidence in any momentum/trend assessment.

Positive Factors

Leadership Change

The appointment of John He as CEO is expected to strengthen operational capabilities, potentially enhancing strategic execution and project development.

Project Development

Progress in the Wonarah Project, including regulatory and logistical enhancements, positions Avenira for long-term growth in the phosphate sector.

Capital Structure

Issuing options can strengthen the capital structure by incentivizing stakeholders, potentially improving financial stability without immediate dilution.

Negative Factors

Cash Flow Weakness

Persistent negative cash flow indicates reliance on external funding, which could limit financial flexibility and sustainability.

Profitability Challenges

Ongoing losses and minimal revenue highlight profitability challenges, impacting the ability to achieve economies of scale and sustainable growth.

Revenue Volatility

Volatile revenue undermines financial predictability and operational planning, posing risks to long-term business stability and investor confidence.

Avenira Limited Business Overview & Revenue Model

Company Description

Avenira Limited (AEV) is an Australian-based company focused on the exploration and development of phosphate projects. Operating primarily in the mining and resources sector, Avenira's core business involves the development of the Wonarah Phosphate Project in the Northern Territory, Australia. The company aims to supply high-grade phosphate rock to meet the growing global demand for fertilizers and other industrial applications.

How the Company Makes Money

Avenira Limited generates revenue primarily through the exploration and potential development of its phosphate mining assets. The company's revenue model is centered around the extraction and sale of phosphate rock, which serves as a critical raw material for the production of fertilizers. Avenira's earnings are influenced by the global demand for fertilizers, phosphate market prices, and the company's ability to efficiently develop its mining projects. Strategic partnerships and joint ventures with other mining companies or industrial players may also play a role in advancing project development and enhancing revenue potential. However, the company's revenue streams are largely dependent on successfully bringing its mining projects into production.

Avenira Limited Financial Statement Overview

Summary

Avenira Limited faces significant financial challenges. The income statement shows no revenue and persistent losses, indicating financial instability. The balance sheet is mixed, with a strong equity position but concerns about asset utilization. Cash flow management is poor, with negative operating and free cash flows, highlighting liquidity concerns.

Income Statement

Avenira Limited's income statement reveals significant challenges, characterized by a lack of revenue and persistent losses. The company reported no revenue for the latest period, and its net income margin is negative due to ongoing losses. The EBIT and EBITDA margins are also negative, highlighting operational inefficiencies. The lack of revenue growth and continued losses reflect significant financial instability.

Balance Sheet

The balance sheet shows a mixed picture, with a strong equity position but concerns over asset utilization and financial leverage. The company has no debt, resulting in a favorable debt-to-equity ratio. However, the equity ratio is moderate, indicating a balanced capital structure. Despite this, the consistent negative net income impacts the return on equity negatively.

Cash Flow

Avenira Limited's cash flow statement indicates cash management issues, with negative operating and free cash flows. The free cash flow has not shown positive growth, and the operating cash flow to net income ratio is unfavorable, pointing to operational inefficiencies. The reliance on financing activities for cash inflow highlights potential liquidity concerns.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	5.79K	3.15K	10.94K
Gross Profit	-14.03K	-14.03K	-14.73K	-12.39K	-31.34K	-23.27K
EBITDA	-4.12M	-4.12M	-2.91M	-3.18M	-2.84M	-2.09M
Net Income	-4.99M	-4.99M	-3.12M	-3.20M	-2.88M	-2.11M
Balance Sheet
Total Assets	20.40M	20.40M	21.89M	17.36M	12.41M	14.01M
Cash, Cash Equivalents and Short-Term Investments	517.61K	517.61K	425.96K	3.27M	1.01M	3.12M
Total Debt	2.07M	2.07M	0.00	3.46M	3.22M	2.53M
Total Liabilities	5.47M	5.47M	6.08M	6.50M	6.07M	4.90M
Stockholders Equity	14.93M	14.93M	15.81M	10.86M	6.34M	9.11M
Cash Flow
Free Cash Flow	-6.42M	-6.42M	-5.50M	-4.72M	-3.31M	-2.95M
Operating Cash Flow	-2.73M	-2.73M	-1.20M	-1.78M	-1.60M	-1.71M
Investing Cash Flow	-3.61M	-3.61M	-3.82M	-2.95M	-2.70M	-2.08M
Financing Cash Flow	6.50M	6.43M	2.18M	6.98M	2.18M	5.62M

Avenira Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
HIO	46 Neutral	AU$24.83M	-11.00	-3.39%	―	―	48.72%
AEV	45 Neutral	AU$34.07M	-6.25	-32.52%	―	―	―
RVT	42 Neutral	AU$16.52M	-8.82	-4.46%	―	―	4.49%
MRC	40 Underperform	AU$25.60M	―	―	―	―	―
LEG	37 Underperform	AU$29.14M	-9.17	-7.55%	―	―	60.00%
G6M	37 Underperform	AU$25.10M	-1.07	―	―	71.37%	82.48%

Avenira Limited Corporate Events

Avenira Grants 12 Million Options to Director Jason He Following AGM Approval

Avenira Limited has disclosed a change in director Jason He’s interests in the company’s securities, as required under ASX listing rules. The filing notes that He previously held no securities in Avenira but has now been issued a total of 12 million options following shareholder approval at the company’s annual general meeting.

The newly granted options comprise 6 million options exercisable at $0.02 and 6 million options exercisable at $0.03, all expiring on 22 December 2028, with an estimated aggregate value of $48,000. The issue strengthens the director’s equity-linked incentive in the company and may be seen as aligning Jason He’s interests more closely with those of shareholders, though no on-market trading or changes to contractual interests were involved in this transaction.

Avenira Issues 60 Million Unlisted Options to Support Capital Structure

Avenira Limited has notified the ASX of the issue of new unquoted equity securities in the form of options, though the announcement does not specify the company’s industry or operating activities.
The company is issuing a total of 60 million unlisted options, split evenly between options exercisable at $0.02 and $0.03 and expiring on 22 December 2028, as part of a previously announced transaction, signalling a move to incentivise stakeholders and potentially strengthen its capital structure without immediate share dilution on the main market.

Avenira Advances Wonarah Project Development: Operational and Strategic Update

Avenira Limited has provided an update on developments for its Wonarah Phosphate Project, outlining progress in operational, regulatory, and logistical enhancements as part of a staged development strategy. Key initiatives include strengthening operational capacity through team expansion, infrastructure planning for logistics efficiency, environmental documentation for mining plan extensions, and financial modeling to support multi-phase project development. These efforts aim to optimize the project’s economic and operational framework, benefiting stakeholders and bolstering the company’s position in the phosphate mining sector.

Avenira Limited Announces Proposed Securities Issue

Avenira Limited has announced a proposed issue of securities, specifically unlisted options with exercise prices of $0.02 and $0.03, set to expire on December 5, 2028. The issuance, scheduled for December 5, 2025, involves a total of 60 million options and is part of a placement or other type of issue, which may impact the company’s market operations and stakeholder interests.

Avenira Limited Successfully Passes All Resolutions at 2025 AGM

Avenira Limited announced that all resolutions proposed at its 2025 Annual General Meeting were successfully passed by the required majority. This includes the re-election of directors and the approval of various options and incentive schemes, which are expected to support the company’s strategic goals and operational efficiency.

Avenira Limited Announces Expiry of Options

Avenira Limited has announced the cessation of certain securities, specifically options that expired on October 31, 2025. This includes 43,500,000 options with an exercise price of $0.02 and another 43,500,000 options with an exercise price of $0.03, both of which expired without being exercised or converted. The cessation of these securities may impact Avenira’s capital structure and could influence investor perceptions regarding the company’s financial strategies and market positioning.

Avenira Limited Announces 2025 Annual General Meeting Details

Avenira Limited has announced its 2025 Annual General Meeting, scheduled for November 25, 2025, in Subiaco, Western Australia. Shareholders are encouraged to access meeting documents online, as hard copies will only be provided upon request. The company has outlined procedures for proxy voting and provided contact details for shareholder inquiries, emphasizing its commitment to transparent communication and efficient shareholder engagement.

Avenira Limited Appoints New Director with No Current Securities Interests

Avenira Limited has announced the appointment of John He as a new director, effective from October 16, 2025. The Initial Director’s Interest Notice reveals that John He currently holds no relevant interests in the company’s securities, either as a registered holder or through other entities, and has no interests in any contracts related to the company. This announcement indicates a strategic move by Avenira Limited to potentially strengthen its board with new leadership, although the immediate impact on the company’s operations or market positioning remains unspecified.

Avenira Limited Announces Key Leadership Changes

Avenira Limited has announced significant changes in its board and executive leadership. John He has been appointed as the new Executive Chairman and CEO, bringing extensive experience in corporate finance and resource sector development. This leadership transition is expected to strengthen Avenira’s operational capabilities and support the sustainable development of its projects, particularly the Wonarah Phosphate Project. The company also aims to deepen its strategic partnership with Hebang.