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Berkeley Energia Limited (AU:BKY)
ASX:BKY

Berkeley Energia (BKY) AI Stock Analysis

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AU:BKY

Berkeley Energia

(Sydney:BKY)

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Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
AU$0.49
▼(-2.00% Downside)
The score is driven primarily by weak financial performance (persistent operating losses and negative free cash flow despite a stronger, low-debt balance sheet). Technicals add a modest headwind with the stock trading below major moving averages and only neutral momentum. Valuation provides limited support given the negative P/E (loss-making) and no dividend yield.
Positive Factors
Balance Sheet Health
A debt-free balance sheet enhances financial stability and provides flexibility for future investments or downturns.
Strategic Mineral Exploration
Exploring critical minerals like lithium and rubidium positions the company well in the growing high-tech and renewable sectors.
Shareholder Support
Strong shareholder support for governance and strategic plans indicates confidence in management and future direction.
Negative Factors
Persistent Operating Losses
Continuous operating losses suggest challenges in achieving profitability, impacting long-term financial health.
Negative Cash Flow
Negative cash flow indicates reliance on external funding, which can limit growth and operational flexibility.
Volatile Revenue
Volatile revenue streams can hinder consistent growth and planning, affecting long-term business stability.

Berkeley Energia (BKY) vs. iShares MSCI Australia ETF (EWA)

Berkeley Energia Business Overview & Revenue Model

Company DescriptionBerkeley Energia Limited engages in the exploration and development of uranium properties in Spain. It primarily holds interest in the Salamanca project located in western Spain. The company was formerly known as Berkeley Energy Limited and changed its name to Berkeley Energia Limited in November 2015. Berkeley Energia Limited was incorporated in 1991 and is based in Perth, Australia.
How the Company Makes MoneyBerkeley Energia Limited makes money through its efforts to develop and potentially produce uranium concentrate from its Salamanca Project. The company plans to generate revenue by extracting uranium ore and processing it into uranium concentrate, which it would then sell to utility companies and other entities in the nuclear energy sector. Key revenue streams include sales contracts with nuclear power operators and other end-users of uranium. Significant factors contributing to its earnings potential include the global demand for clean energy, which drives the need for nuclear power and, consequently, uranium as a fuel source. Additionally, partnerships with industry stakeholders and investment in efficient mining and processing technologies are crucial to its financial success.

Berkeley Energia Financial Statement Overview

Summary
Berkeley Energia Limited exhibits a mixed financial performance. The income statement reflects significant challenges with a negative net profit margin of -92.0%, despite a substantial revenue increase. The balance sheet is strong, showing no debt and a high equity ratio of 97.17%, but profitability concerns linger. Cash flow analysis indicates ongoing difficulties with negative operating cash flows, though there is a slight improvement in free cash flow.
Income Statement
Berkeley Energia Limited has been facing significant challenges in stabilizing its income statement. The company reported a negative gross profit margin of -7.87% for the latest period, and its net profit margin is also negative at -92.0%, indicating high operating and net losses relative to revenues. While there was a notable increase in revenue by 236.5% in the latest year, this was not sufficient to cover operational costs and resulted in continued losses. The company's EBIT and EBITDA margins are also negative, reflecting ongoing operational challenges.
Balance Sheet
The balance sheet of Berkeley Energia Limited indicates a strong equity position with a debt-to-equity ratio of 0, which is favorable given no long-term debt obligations. The equity ratio stands at 97.17%, suggesting the company is financed primarily through equity, providing it with a strong capital structure. However, the return on equity is negative due to the net losses incurred, which is an area of concern. Despite these issues, the company's substantial cash reserves provide a buffer for operations.
Cash Flow
Cash flow analysis reveals that Berkeley Energia Limited is facing challenges in generating positive cash flow. The operating cash flow to net income ratio is negative due to negative operating cash flows and net income. There is, however, an improvement in free cash flow growth as the latest figures show a less negative free cash flow compared to the previous year. The company needs to focus on improving operational cash flows to ensure long-term sustainability.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.003.02M3.55M1.05M32.00K23.00K
Gross Profit0.00-1.13M-279.00K-2.32M-62.00K-460.00K
EBITDA-1.49M0.00-2.52M-4.77M65.05M-48.64M
Net Income-5.43M-5.43M-3.26M-1.37M65.04M-49.12M
Balance Sheet
Total Assets84.53M84.53M87.38M89.36M89.89M90.06M
Cash, Cash Equivalents and Short-Term Investments73.59M73.59M77.34M78.78M79.94M79.07M
Total Debt0.000.000.000.000.0096.49M
Total Liabilities3.16M3.16M2.48M2.04M2.26M103.40M
Stockholders Equity81.37M81.37M84.90M87.32M87.63M-13.33M
Cash Flow
Free Cash Flow-4.61K-4.61K-1.50M-4.14M-5.79M-5.69M
Operating Cash Flow-4.61K-4.61K-1.50M-4.14M-5.79M-5.59M
Investing Cash Flow0.000.000.000.005.88M-95.00K
Financing Cash Flow0.000.000.000.00-93.00K-5.00K

Berkeley Energia Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.50
Price Trends
50DMA
0.53
Positive
100DMA
0.54
Positive
200DMA
0.55
Positive
Market Momentum
MACD
<0.01
Negative
RSI
55.80
Neutral
STOCH
57.85
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BKY, the sentiment is Positive. The current price of 0.5 is below the 20-day moving average (MA) of 0.53, below the 50-day MA of 0.53, and below the 200-day MA of 0.55, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.80 is Neutral, neither overbought nor oversold. The STOCH value of 57.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BKY.

Berkeley Energia Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
55
Neutral
AU$4.88B-61.50-6.47%-163.65%
54
Neutral
$297.56M-8.07-7.01%-100.00%49.49%
52
Neutral
AU$776.63M-152.44-2.73%60.83%
49
Neutral
AU$179.38M-11.02-26.26%-75.25%
46
Neutral
AU$249.92M-45.90-6.30%-67.12%
46
Neutral
AU$158.43M-9.50-69.11%1.38%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:BKY
Berkeley Energia
0.56
0.21
60.00%
AU:PDN
Paladin Energy Ltd
10.80
2.52
30.43%
AU:AEE
Aura Energy
0.20
0.05
39.29%
AU:BMN
Bannerman Energy
3.75
0.54
16.82%
AU:PEN
Peninsula Energy
0.72
-0.26
-26.46%
AU:EL8
Elevate Uranium Ltd
0.34
0.06
21.43%

Berkeley Energia Corporate Events

Berkeley Energia Issues 496,428 New Shares Under ASX Quoted Class
Dec 24, 2025

Berkeley Energia Limited has issued 496,428 fully paid ordinary shares, which form part of its existing quoted class of securities on the ASX, as it continues to manage its capital structure. The company confirmed that the share issue was conducted without a prospectus under the relevant provisions of the Corporations Act, and that it remains compliant with its financial reporting and continuous disclosure obligations, with no excluded information that would need to be disclosed to the market.

Berkeley Energia Seeks ASX Quotation for Additional Ordinary Shares
Dec 24, 2025

Berkeley Energia Limited has applied for quotation on the ASX of 496,428 new fully paid ordinary shares, to be issued on 24 December 2025. The additional securities, arising from the exercise or conversion of existing options or other convertible instruments, will modestly increase the company’s free float and may provide incremental funding flexibility and liquidity for shareholders, although the scale of the issuance is relatively small in the context of the overall capital structure.

Berkeley Energia Reports A$184,945 in Spanish Government Payments for Salamanca Project
Dec 19, 2025

Berkeley Energia has published its annual report on payments to governments for the year to 30 June 2025, as required under UK disclosure and transparency rules. The filing shows that the group’s wholly owned Spanish subsidiaries made total payments of A$184,945 in permit and licence fees to Spanish federal, local and municipal authorities linked to the Salamanca project, with no reported production entitlements, royalties, income taxes or other categories of payments, underscoring the project’s current pre-production and permitting-focused stage.

Berkeley Energia Successfully Passes All Resolutions at AGM
Nov 28, 2025

Berkeley Energia Limited held its Annual General Meeting on November 28, 2025, where all proposed resolutions were passed by a poll. The resolutions included the approval of the remuneration report, re-election of a director, renewal of the employee incentive plan, and participation of management personnel in incentive programs, indicating strong shareholder support for the company’s governance and strategic initiatives.

Berkeley Energia Issues New Incentive Options to Boost Employee Engagement
Oct 31, 2025

Berkeley Energia Limited announced the issuance of 3,300,000 unlisted incentive options, each priced at A$0.80 and exercisable by September 30, 2028. This move is part of an employee incentive scheme, aimed at aligning the interests of the company’s workforce with its strategic goals, potentially enhancing operational performance and stakeholder value.

Berkeley Energia Reports Positive Test Results and Pursues Arbitration Against Spain
Oct 30, 2025

Berkeley Energia Limited announced positive preliminary metallurgical test results from its Conchas Project in Spain, highlighting significant recoveries of lithium and rubidium, which are critical for high-tech applications. The company is also involved in an international arbitration against Spain, seeking compensation for alleged violations related to its Salamanca Project, while maintaining a strong financial position with substantial cash reserves and no debt.

Berkeley Energia Reports Positive Metallurgical Results at Conchas Project
Oct 27, 2025

Berkeley Energia Limited announced positive results from preliminary metallurgical test work at the Conchas Project in Spain, revealing significant recoveries of lithium and rubidium. This development is part of their Critical Minerals Exploration Initiative, which aims to tap into the growing demand for these strategic metals, particularly rubidium, which is crucial for high-tech applications in sectors such as defense and communications. The company plans to further advance the project through 3D modeling and additional test work to optimize recovery processes, positioning itself strategically in the critical minerals market.

Berkeley Energia Announces 2025 Annual General Meeting
Oct 23, 2025

Berkeley Energia Limited has announced its Annual General Meeting (AGM) scheduled for 28 November 2025 in Perth, Western Australia. The company will not be dispatching physical copies of the meeting notice, encouraging shareholders to access the documents online. This move reflects a shift towards digital communication, potentially enhancing shareholder engagement and operational efficiency. Shareholders are advised to review the notice in full and consult with professional advisors if needed. The meeting will be held physically, with updates provided on the company’s website if there are any changes.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 30, 2025