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Cobalt Blue Holdings
(Sydney:COB)
Cobalt Blue Holdings (COB) vs. iShares MSCI Australia ETF (EWA)
Cobalt Blue Holdings Business Overview & Revenue Model
Cobalt Blue Holdings Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.17M | 75.00K | 233.00K | 0.00 | 50.00K | 65.00K | Gross Profit |
| -2.54M | -145.00K | 73.00K | -228.00K | 116.00K | 124.00K | EBIT |
| -7.82M | -3.84M | -5.66M | -5.22M | -2.73M | -2.27M | EBITDA |
| -4.53M | -37.42M | -5.26M | -4.99M | -2.42M | -1.96M | Net Income Common Stockholders |
| -38.09M | -37.59M | -5.47M | -5.23M | -2.68M | -2.38M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 4.60M | 8.74M | 15.62M | 10.53M | 9.44M | 2.06M | Total Assets |
| 12.16M | 40.96M | 76.42M | 50.43M | 36.99M | 23.79M | Total Debt |
| 0.00 | 3.09M | 3.14M | 2.93M | 2.21M | 3.29M | Net Debt |
| -4.60M | -5.65M | -12.47M | -7.60M | -7.23M | 1.23M | Total Liabilities |
| 995.01K | 6.76M | 10.43M | 6.33M | 4.36M | 4.48M | Stockholders Equity |
| 11.16M | 34.20M | 65.99M | 44.10M | 32.63M | 19.32M |
| Cash Flow | Free Cash Flow | ||||
| -11.32M | -15.73M | -28.77M | -13.15M | -8.50M | -4.27M | Operating Cash Flow |
| -5.43M | -5.67M | -3.62M | -3.47M | -2.11M | -1.85M | Investing Cash Flow |
| 1.03M | -5.71M | -16.62M | -9.26M | -5.31M | -602.00K | Financing Cash Flow |
| 4.52M | 4.50M | 25.33M | 13.82M | 14.80M | -229.00K |
Cobalt Blue Holdings Technical Analysis
Cobalt Blue Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
56 Neutral | AU$30.43M | ― | -18.41% | ― | ― | -103.03% | |
51 Neutral | $2.02B | -1.12 | -21.36% | 3.65% | 2.87% | -30.54% | |
44 Neutral | $27.58M | ― | -80.81% | ― | ― | -517.72% | |
40 Underperform | AU$31.80M | ― | -91.81% | ― | ― | 15.00% | |
39 Underperform | AU$25.83M | ― | -139.33% | ― | 65.38% | -46.00% | |
34 Underperform | AU$35.34M | ― | -10.99% | ― | ― | 33.33% | |
32 Underperform | AU$23.64M | ― | -0.86% | ― | ― | 97.62% |
Cobalt Blue Holdings Corporate Events
Cobalt Blue Holdings Limited has announced a significant contract with Glencore International AG to supply cobalt hydroxide feedstock to its Kwinana Cobalt Refinery (KCR) in Western Australia. This agreement ensures that Glencore will provide up to 50% of KCR’s feedstock requirements for three years, marking a critical step in securing supply chains for the refinery. The KCR aims to produce high-quality, battery-grade cobalt sulphate and cobalt metal, playing a vital role in Australia’s Critical Minerals Strategy. This partnership with Glencore, a major player in the cobalt industry, strengthens Cobalt Blue’s position in the global market and supports the development of new battery and critical minerals supply chains. The feedstock will be sourced from Glencore’s operations in the Democratic Republic of Congo, which are recognized for their responsible mining practices.
Cobalt Blue Holdings Limited has announced a change in its registered office and principal place of business to a new address in North Sydney, Australia. This change is part of the company’s ongoing operational adjustments, although all other contact details remain unchanged, indicating a streamlined transition with minimal disruption to stakeholders.
Cobalt Blue Holdings Limited has announced significant progress in its Kwinana Cobalt Refinery project, including the completion of 80% of the detailed plant engineering and ongoing offtake negotiations. The company has also executed a binding pre-Final Investment Decision Consortium Deed with Iwatani Australia Pty Limited, marking a crucial step towards securing project financing and operational agreements. This development positions Cobalt Blue strategically within the cobalt market, as it seeks to address supply chain uncertainties and meet the rising demand driven by electric vehicle sales.
Cobalt Blue Holdings Ltd. has issued over 5.3 million fully paid ordinary shares to its staff as part of their remuneration and incentive plans. This strategic move, executed under the company’s available capacity in compliance with ASX Listing Rules, aims to align staff interests with company performance, potentially enhancing operational efficiency and stakeholder value.
Cobalt Blue Holdings Ltd. has announced the issuance of 5,194,520 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) starting April 17, 2025. This move is part of an employee incentive scheme and is expected to enhance the company’s market presence by potentially increasing liquidity and attracting more investors, thereby strengthening its position in the cobalt supply chain.
Cobalt Blue Holdings Ltd. has announced the issuance of 171,026 ordinary fully paid shares to its staff as part of their base remuneration package. This move is part of the company’s strategy to incentivize and retain talent, potentially enhancing its operational efficiency and market competitiveness.
Cobalt Blue Holdings Limited announced a leadership transition with Joe Kaderavek moving from CEO to Deputy Chairman and Dr. Andrew Tong stepping in as the new CEO. Dr. Tong, with over 20 years of experience in project development and mining, is expected to lead the company into its next phase of growth. This change aims to leverage Kaderavek’s strategic insights while capitalizing on Tong’s expertise to drive innovation and expansion. The transition is seen as a strategic move to strengthen the company’s leadership and ensure continued success.
Cobalt Blue Holdings Limited has announced the execution of a binding pre-Final Investment Decision Consortium Deed with Iwatani Australia Pty Limited for the development of the Kwinana Cobalt Refinery (KCR). If successful, the KCR will be Australia’s first cobalt refinery, producing battery-grade cobalt sulphate for the global supply chain. The project aligns with Australia’s Critical Minerals Strategy and aims to fill a significant market gap. The refinery will be located in the Kwinana-Rockingham industrial precinct, benefiting from existing infrastructure and proximity to Fremantle port. Cobalt Blue is committed to sourcing feedstock from ESG-compliant counterparties, ensuring responsible production and sourcing practices.
Cobalt Blue Holdings Ltd. has released its half-year financial report for the period ending December 31, 2024. The report includes various financial statements such as the consolidated statement of profit or loss, financial position, changes in equity, and cash flows. This release provides stakeholders with insights into the company’s financial health and performance over the past six months, which is crucial for assessing its operational efficiency and market positioning.
Cobalt Blue Holdings Limited has issued 2,777,778 fully paid ordinary shares to AuKing Mining Limited as part of an agreement to acquire a 51% interest in the Halls Creek Project. This strategic move, executed under the company’s available capacity, strengthens Cobalt Blue’s position in the cobalt mining sector and aligns with its growth strategy in securing key resources.
Cobalt Blue Holdings Ltd. has announced the quotation of 2,777,778 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s financial flexibility and support its ongoing projects, potentially strengthening its position in the cobalt market and benefiting stakeholders by aligning with the growing demand for cobalt in the renewable energy sector.