Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
5.42K | 25.52K | 111.58K | 12.16K | 84.23K | 159.42K | Gross Profit |
-60.72K | -122.33K | 8.00 | -180.04K | -19.24K | 57.04K | EBIT |
-3.18M | -4.06M | -463.60K | -1.37M | -4.96M | -1.98M | EBITDA |
-4.22M | -5.07M | -49.80K | -1.16M | -4.89M | -1.67M | Net Income Common Stockholders |
-50.01M | -5.33M | -47.92K | -1.37M | -5.01M | -1.79M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
1.73M | 4.05M | 2.23M | 6.81M | 5.48M | 5.17M | Total Assets |
33.71M | 95.51M | 66.78M | 49.00M | 41.83M | 38.63M | Total Debt |
143.59K | 205.37K | 322.26K | 67.03K | 175.91K | 277.04K | Net Debt |
-1.52M | -3.85M | -1.91M | -6.75M | -5.30M | -4.89M | Total Liabilities |
9.44M | 13.40M | 2.13M | 2.57M | 2.67M | 2.70M | Stockholders Equity |
24.27M | 82.11M | 64.65M | 46.44M | 39.16M | 35.25M |
Cash Flow | Free Cash Flow | ||||
-5.97M | -5.81M | -6.49M | -8.62M | -7.17M | -13.49M | Operating Cash Flow |
-2.15M | -2.77M | -1.94M | -2.24M | -1.68M | -2.06M | Investing Cash Flow |
-2.37M | -2.09M | -2.51M | -5.88M | -4.07M | -9.54M | Financing Cash Flow |
3.74M | 6.69M | -136.99K | 9.46M | 6.06M | 11.06M |
Agrimin Limited has announced the quotation of 38,500,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of June 6, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility and market presence, potentially impacting its stakeholders by providing increased liquidity and investment opportunities.
Agrimin Limited has announced the issuance of 38,500,000 new shares as part of a capital raising initiative. This move, disclosed without the need for a prospectus under specific provisions of the Corporations Act, indicates Agrimin’s compliance with regular reporting and disclosure obligations, potentially strengthening its financial position and market operations.
Agrimin Limited announced a proposed issue of 41,666,667 ordinary fully paid securities, with the issue date set for June 6, 2025. This move is part of a placement or other type of issue, indicating a strategic effort to raise capital, which could impact the company’s financial positioning and offer potential growth opportunities in the mineral resources sector.
Agrimin Limited has released an investor presentation highlighting the speculative nature of its securities and the associated risks and uncertainties. The company emphasizes that the presentation is not an offer or solicitation for investment but rather for informational purposes, urging potential investors to consider their personal circumstances before investing.
Agrimin Limited has successfully raised $2.5 million through an oversubscribed equity placement, aimed at advancing the strategic review of its Mackay Potash Project and exploring new project opportunities. The funds will support the company’s expenditure commitments and general working capital, reinforcing its operational efficiency and stakeholder engagement.
Agrimin Limited has announced a trading halt on its securities as it prepares to release an announcement regarding a proposed capital raising. This trading halt is expected to last until the announcement is made or until normal trading resumes on May 29, 2025. The move indicates Agrimin’s strategic efforts to secure additional funding, which could have significant implications for its operations and market positioning.
Agrimin Limited has announced a strategic review of its Mackay Potash Project, aiming to optimize project approvals and manage costs amid challenging capital market conditions. Concurrently, Tali Resources Pty Ltd, in which Agrimin holds a 40% interest, is undergoing a corporate restructuring to separate its assets into two companies, with plans for an IPO in mid-2025. This restructuring is expected to enhance exploration efforts and provide Agrimin shareholders with a priority offer in the IPO.
Agrimin Limited has received Western Australian state environmental approval for its Mackay Potash Project, marking a significant step forward in its development. The project, which is strategically located near Wyndham Port, has also commenced a strategic review. Additionally, the company announced a change in leadership with Ms. Debbie Morrow stepping down and Mr. Michael Hartley joining the board as Executive Director.
Agrimin Limited’s quarterly cash flow report for the period ending March 31, 2025, reveals a net cash outflow from operating activities amounting to $825,000, primarily due to staff and administrative costs. Despite this, the company saw a positive cash flow from investing activities, driven by a research and development grant, resulting in a net cash inflow of $337,000. This financial update highlights the company’s ongoing investment in exploration and development, which is crucial for its strategic positioning in the mining sector.