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Altamin Limited
(Sydney:AZI)
Altamin Limited (AZI) vs. iShares MSCI Australia ETF (EWA)
Altamin Limited Business Overview & Revenue Model
Altamin Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 77.16K | 77.16K | 151.27K | 79.79K | 0.00 | 0.00 |
| Gross Profit | 76.34K | 77.16K | 151.27K | 51.61K | -66.18K | -91.00K |
| EBITDA | -2.92M | -3.02M | -2.16M | -2.81M | -5.57M | -5.28M |
| Net Income | -4.96M | -4.96M | -3.69M | -2.83M | -5.66M | -5.38M |
Balance Sheet | ||||||
| Total Assets | 2.41M | 2.41M | 3.80M | 5.17M | 5.43M | 5.29M |
| Cash, Cash Equivalents and Short-Term Investments | 1.10M | 1.10M | 1.23M | 1.00M | 4.84M | 4.08M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 63.27K | 41.30K |
| Total Liabilities | 985.24K | 985.24K | 633.03K | 564.71K | 1.42M | 1.49M |
| Stockholders Equity | 1.43M | 1.43M | 3.17M | 4.60M | 4.01M | 3.81M |
Cash Flow | ||||||
| Free Cash Flow | -3.15M | -3.15M | -2.02M | -3.83M | -5.14M | -4.94M |
| Operating Cash Flow | -3.15M | -3.15M | -2.02M | -3.82M | -5.09M | -4.92M |
| Investing Cash Flow | -96.49K | -96.49K | 0.00 | -4.74K | -50.55K | 135.41K |
| Financing Cash Flow | 3.10M | 3.10M | 2.25M | -13.34K | 5.88M | 6.65M |
Altamin Limited Technical Analysis
Altamin Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$13.39M | -1.99 | -16.74% | ― | -28.07% | -29.81% | |
50 Neutral | AU$51.14M | -11.33 | -15.50% | ― | ― | 3.79% | |
49 Neutral | AU$21.14M | -30.36 | -3.94% | ― | ― | 84.36% | |
47 Neutral | AU$20.60M | -2.89 | -213.22% | ― | ― | -15.38% | |
47 Neutral | AU$22.15M | -10.83 | -17.94% | ― | ― | 55.56% | |
45 Neutral | AU$13.74M | -4.89 | -8.74% | ― | ― | -25.00% |
Altamin Limited Corporate Events
Altamin Limited has applied to the ASX for quotation of 40,120,000 new fully paid ordinary shares under its issuer code AZI, with an issue date of 19 December 2025. The application, lodged as a new Appendix 2A announcement, formalises the move to have these securities tradeable on the exchange, expanding the company’s quoted share base and potentially broadening its investor reach and liquidity profile.
Altamin Limited has raised A$1.003 million through the placement of 40.12 million shares at A$0.025 each, as part of the shortfall from its recent entitlement offer, bringing total funding under the offer to approximately A$5.39 million before costs. The new capital, alongside existing grant funding from the Mission Innovation 2.0 BRAIN project, will strengthen the company’s financial position to advance project development at its Lazio Project, support permitting and mine-maintenance activities at the Gorno Project while it pursues a potential joint venture or sale, and cover working capital and corporate expenses, with the company retaining the option to place additional shortfall securities until mid-January 2026.
Altamin Limited has secured firm commitments to raise $753,000 through a placement of 30,120,000 fully paid ordinary shares at $0.025 per share. The placement involves sophisticated and professional investors from the UK and Australia, including former institutional fund managers and a top 10 Altamin shareholder. The company retains the right to place the remaining shortfall securities, with settlement expected by 24 December 2025. This funding initiative is poised to enhance Altamin’s financial position, potentially impacting its operations and market presence in the mining industry.
Altamin Limited has announced a change in the interest of its director, Geraint Harris, involving the acquisition of 10,000,000 unlisted options. This change, which took place on December 1, 2025, did not involve any consideration and has an estimated value of $191,221. The acquisition of these options could potentially impact the company’s financial structure and stakeholder interests, as it reflects a significant increase in the director’s holdings.
Altamin Limited has announced significant progress in its Lazio Project, which is advancing according to planned development milestones. The project, which aims to utilize geothermal energy for brine processing, is supported by a substantial grant from the Italian Ministry of Environment and Energy Security. The Lazio Project is strategically aligned with Italy’s revised Mining Decree and the EU Critical Raw Materials Act, enhancing its potential to supply critical raw materials sustainably. Key developments include the advancement of technical and commercial workstreams, a scheduled Scoping Study, and collaboration with Italian research institutions, which collectively strengthen Altamin’s position in the market and its ability to realize the project’s full potential.
Altamin Limited, a company listed on the Australian Securities Exchange, held its Annual General Meeting where all proposed resolutions were passed by poll. The resolutions included the adoption of the remuneration report, re-election of directors, and issuance of performance-related options and shares to key personnel, indicating strong shareholder support for the company’s current management and strategic direction.
Altamin Limited has appointed GBA Capital Pty Limited as the lead manager for the placement of shortfall securities under its recent entitlement offer. This strategic move aims to support Altamin’s projects in Italy by increasing engagement with shareholders interested in critical raw materials, potentially strengthening its market position in Europe.
Altamin Limited announced significant progress in its Lazio Project, a geothermal lithium in brine initiative, which received a A$3.62 million grant from the Italian Ministry of Environment and Energy Security. This project aims to utilize renewable geothermal energy to recover critical raw materials, offering a sustainable and cost-effective production method. Additionally, Altamin is exploring strategic partnerships for its Gorno Project and has made strategic changes to its board, raising A$4.39 million through a successful entitlement offer, enhancing its financial position.
Altamin Limited has announced its Annual General Meeting (AGM) for shareholders to be held on November 20, 2025, in South Perth, Western Australia. The company encourages shareholders to submit proxy appointments and voting instructions ahead of the meeting and emphasizes the importance of reading the meeting notice thoroughly. Shareholders are also urged to provide email addresses for electronic communication to streamline future correspondence.
Altamin Limited has announced the quotation of 38,446,377 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code AZI, effective October 20, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially impacting its operational capabilities and stakeholder interests positively.
Altamin Limited has announced the closing date for its non-renounceable pro-rata entitlement offer, aiming to raise approximately $6.46 million. The offer is set to close on 15 October 2025. Eligible shareholders have been provided with instructions to participate, and the company highlights potential risks associated with its projects, including the Gorno Project, which faces challenges such as obtaining a mining license and proceeding to commercial production.