Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
0.00 | 0.00 | 0.00 | 0.00 | 20.00 | 0.00 | Gross Profit |
-242.00K | -198.00K | -124.00K | -71.00K | -79.98K | -90.00K | EBIT |
-1.83M | -3.38M | -3.37M | -3.50M | -2.76M | -2.84M | EBITDA |
351.00K | -4.92M | -3.52M | -7.45M | -6.88M | -10.30M | Net Income Common Stockholders |
-1.19M | -7.17K | -6.57M | -8.63M | -6.96M | -10.39M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
19.26M | 16.78M | 12.20M | 8.00M | 3.97M | 5.09M | Total Assets |
129.08M | 120.30M | 111.36M | 109.36M | 76.23M | 79.61M | Total Debt |
8.51M | 7.44M | 7.21M | 19.44M | 0.00 | 0.00 | Net Debt |
-10.74M | -9.33M | -5.00M | 11.44M | -3.97M | -5.09M | Total Liabilities |
46.27M | 47.80M | 47.05M | 61.81M | 25.82M | 22.85M | Stockholders Equity |
82.81M | 72.51M | 64.31M | 47.55M | 50.41M | 56.76M |
Cash Flow | Free Cash Flow | ||||
-6.29K | -8.94M | -9.20M | -11.69M | -4.36M | -19.44M | Operating Cash Flow |
-4.73K | -4.22M | -3.80M | -3.36M | -1.98M | -2.31M | Investing Cash Flow |
-9.18K | -4.63M | -6.54M | -20.33M | 891.00K | -17.13M | Financing Cash Flow |
14.05M | 13.97M | 14.62M | 27.72M | -2.00 | 11.09K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
64 Neutral | $8.52B | 10.27 | 4.69% | 4.38% | 4.14% | -13.04% | |
47 Neutral | AU$161.52M | ― | -3.68% | ― | ― | 72.09% | |
$121.99M | 20.79 | 3.89% | ― | ― | ― | ||
$135.32M | ― | -16.84% | ― | ― | ― | ||
$184.71M | 14.94 | 17.20% | 15.22% | ― | ― | ||
45 Neutral | AU$487.37M | 57.35 | -4.01% | ― | 801.92% | -985.71% | |
35 Underperform | AU$379.85M | ― | -10.88% | ― | ― | 56.73% |
Comet Ridge Ltd has made significant progress in its Mahalo Joint Venture Gas Project, with Santos advancing the Front End Engineering Design (FEED) for key facilities and Jemena working on pipeline connections to domestic and LNG markets. The company is also seeing strong performance in its Mahalo East pilot test, with increasing gas flows and a comprehensive data package being prepared for independent auditing. These developments, along with ongoing engagement with third parties for potential transactions, position Comet Ridge strategically within the gas market, enhancing its operational capabilities and market presence.
Comet Ridge Ltd’s recent presentation at the Queensland Energy Conference 2025 highlights its strategic focus on gas exploration and production on Australia’s east coast. The company emphasizes its potential to meet domestic energy demands, though it acknowledges the risks and uncertainties inherent in the industry, including market fluctuations and regulatory developments.
Comet Ridge Limited has announced that the Mahalo Joint Venture, in which it holds a 57.14% stake, has appointed Jemena to undertake Front End Engineering Design (FEED) for the Mahalo Gas Hub Pipeline (MGHP). This pipeline will connect the Mahalo JV Project to key gas market hubs in Queensland, aiming to address the looming gas supply gap in Australia’s east coast energy market. Jemena, a well-established energy asset operator, will fund the FEED cost and may proceed with constructing the pipeline on a build, own, and operate basis, pending a final investment decision. This development marks a significant milestone for Comet Ridge, enhancing its strategic position in the regional gas market.
Comet Ridge Ltd has released its consolidated financial statements for the half-year ending December 31, 2024. This financial disclosure provides insights into the company’s financial health, showcasing its profit and loss, financial position, and cash flow. The release is significant for stakeholders as it highlights the company’s operational performance and financial stability, which are critical for strategic decision-making and assessing future growth potential.
Comet Ridge Limited announced that the Mahalo East Pilot Production Scheme has exceeded expectations by producing natural gas continuously for over two weeks, with initial gas flow occurring sooner than anticipated. The success of this pilot, supported by the Queensland Government’s Frontier Gas Exploration Grants Program, indicates potential for expanding development within the Mahalo Gas Hub, enhancing the company’s resource base and positioning in the energy market.