Cokal (CKA) AI Stock Analysis

• Market Cap: $36.68M
• Dividend Yield: N/A
• Average Volume (3M): 436.90K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.84
• Revenue Growth: 26.84%
• EPS Growth: -6.43%
• Country: AU
• Employees: 2
• Sector: Energy
• Sector Strength: 53
• Industry: Coal
• EPS (TTM): -0.01
• Shares Outstanding: 1,078,949,000
• 10 Day Avg. Volume: 221,297
• 30 Day Avg. Volume: 436,901
• PEG Ratio: 0.17
• Price to Book (P/B): -4.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.66
• 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

• Rating: 41 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Cokal Limited's overall stock score is heavily impacted by its poor financial performance, with significant risks from negative margins and high leverage. The technical analysis shows bearish signals, and valuation metrics offer limited appeal due to profitability concerns.

Cokal Business Overview & Revenue Model

Company Description

Cokal Limited (CKA) is an Australian-based coal exploration and development company primarily focused on the metallurgical coal sector. The company is engaged in the identification, acquisition, and exploration of coal resources, primarily in Indonesia, where it holds a number of highly prospective tenements. Cokal is dedicated to developing its coal projects into producing operations to supply the global steel industry with high-quality metallurgical coal.

How the Company Makes Money

Cokal Limited makes money primarily through the exploration, development, and eventual sale of metallurgical coal, which is a key raw material for steel production. The company's revenue model is centered around mining and exporting coal from its Indonesian projects to international markets. As these projects progress to production, Cokal anticipates generating revenue through coal sales. Key revenue streams include coal sales contracts with steel manufacturers and other industrial users. Partnerships with local and international mining companies, infrastructure development agreements, and strategic joint ventures also play a significant role in advancing the company's projects and contributing to its potential earnings.

Cokal Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	5.54M	24.58K	39.61K	―	13.54M
Gross Profit	-3.01M	-616.59K	-220.58K	―	11.23M
EBITDA	-8.96M	-13.13M	-9.52M	-3.32M	-3.42M
Net Income	-14.73M	-13.78M	-9.83M	-3.62M	-3.84M
Balance Sheet
Total Assets	44.97M	64.78M	44.24M	35.17M	38.54M
Cash, Cash Equivalents and Short-Term Investments	722.33K	2.23M	724.29K	414.46K	1.33M
Total Debt	38.23M	30.83M	23.47M	5.17M	3.06M
Total Liabilities	53.44M	62.74M	44.28M	26.50M	25.68M
Stockholders Equity	-12.70M	2.04M	-40.85K	8.67M	12.86M
Cash Flow
Free Cash Flow	-7.42M	-19.87M	-17.15M	-2.90M	-3.13M
Operating Cash Flow	-1.44M	-8.60M	-11.63M	-2.36M	-2.80M
Investing Cash Flow	-7.33M	-11.27M	-5.52M	-545.00K	-326.37K
Financing Cash Flow	7.47M	21.34M	17.41M	2.08M	4.10M

Cokal Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CKA, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.98 is Neutral, neither overbought nor oversold. The STOCH value of 71.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CKA.

Cokal Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	44 Neutral	AU$1.39B	-6.74	-23.02%	6.58%	5.33%	-26.92%
CKA	41 Neutral	$36.68M	―		―	26.84%	-6.43%
BCB	39 Underperform	AU$10.34M	―	-67.55%	―	-4.19%	84.70%
JAL	38 Underperform	AU$36.16M	―	-2.89%	―	―	50.00%
NCR	38 Underperform	AU$3.07M	―	-12.38%	―	―	33.33%
REY	33 Underperform	AU$2.33M	―	-69.70%	―	―	-308.85%
AQC	16 Underperform	AU$35.72M	―	-995.57%	―	―	-487.06%

Cokal Corporate Events

Cokal Secures $15M Funding to Boost Coal Production

Cokal Limited has secured a strategic debt funding of US$15 million from long-term shareholder Eddie Chin, through International Commodity Trade Pte Ltd, to boost metallurgical coal production at its BBM mine. This funding will be used to enhance mining operations and transport infrastructure, aiming to improve operational efficiencies and reduce costs per tonne of coal. Additionally, Cokal has terminated all agreements with Cratus, signaling a strategic shift in its operations.

Cokal Advances Strategic Partnerships and Infrastructure to Boost Coal Production

Cokal Limited has reported significant progress in its strategic partnerships and infrastructure development during the quarter ending March 31, 2025. The company, in collaboration with PT Petrindo and Cratus, is enhancing its production and logistics capabilities, which is expected to lower costs and increase coal output. Key developments include the completion of a steel bridge over the Mohing River and ongoing improvements to haul roads, which are crucial for the planned ramp-up of metallurgical coal production at the BBM project. Additionally, PT Petrindo has secured substantial financing for its nearby mine, which will further optimize costs and accelerate production growth. These initiatives are part of Cokal’s strategy to transform BBM into a low-cost, high-volume operation, ensuring sustainable profitability and reinforcing the long-term strategic value of its partnerships.