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FAR Ltd (AU:FAR)
OTHER OTC:FAR
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FAR Ltd
(OTC:FAR)
Select Model
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Rating:51Neutral
Price Target:
AU$0.42
▼(-0.71% Downside)
The score is held back primarily by weak operating performance and persistent cash burn despite a strong, low-debt balance sheet. Technical indicators are broadly neutral with slightly negative momentum. Valuation is a partial offset due to the very high dividend yield and a moderate P/E.
FAR Ltd (FAR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$38.81M
Dividend Yield19.28%
Average Volume (3M)10.73K
Price to Earnings (P/E)18.9
Beta (1Y)0.10
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees3
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.03
Shares Outstanding92,409,645
10 Day Avg. Volume21,314
30 Day Avg. Volume10,726
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.65
Price to Sales (P/S)0.00
P/FCF Ratio-33.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FAR Ltd Business Overview & Revenue Model
Company DescriptionFAR Limited operates as an oil and gas exploration and development company with primary assets in West Africa and Australia. The company holds a portfolio of exploration licenses in the Gambia and the Guinea-Bissau projects. It also holds a petroleum exploration permit in Western Australia. The company was formerly known as First Australian Resources NL and changed its name to FAR Limited in 2010. FAR Limited was incorporated in 1984 and is based in Melbourne, Australia.
How the Company Makes Money
FAR Ltd Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | -211.00K | -306.00K | -368.00K | -493.00K |
| EBITDA | -380.00 | -940.00K | -4.63M | -4.97M | -35.71M | -15.64M |
| Net Income | 1.43M | 44.08M | -6.54M | -5.19M | -44.78M | -91.13M |
Balance Sheet | ||||||
| Total Assets | 46.32M | 46.95M | 3.08M | 52.30M | 57.05M | 178.17M |
| Cash, Cash Equivalents and Short-Term Investments | 8.20M | 1.73M | 2.95M | 33.72M | 55.46M | 25.77M |
| Total Debt | 0.00 | 27.93K | 177.56K | 612.00K | 70.74K | 947.37K |
| Total Liabilities | 6.08M | 86.83K | 285.32K | 2.63M | 17.42M | 36.81M |
| Stockholders Equity | 40.25M | 46.87M | 2.79M | 33.69M | 39.63M | 141.36M |
Cash Flow | ||||||
| Free Cash Flow | -666.24K | -912.36K | -4.57M | -30.08M | -35.18M | -99.35M |
| Operating Cash Flow | -666.24K | -912.36K | -4.57M | -30.05M | -25.15M | -19.27M |
| Investing Cash Flow | 11.56M | 2.37K | 1.01M | 339.00K | 116.10M | -71.67M |
| Financing Cash Flow | -4.99M | -158.97K | -26.58M | -1.04M | -58.28M | 100.40M |
FAR Ltd Peers Comparison
UnderperformOutperform
Sector (65)
AU:FAR
FAR Ltd
0.42
-0.05
-10.06%
DE:J2E
Jupiter Energy
0.01
<0.01
9.09%
ELXPF
Elixir Energy Limited
0.02
-0.01
-40.00%
RDFEF
Brookside Energy
0.28
-0.03
-10.97%
AU:TDO
3D Oil Limited
0.17
0.08
91.01%
FAR Ltd Corporate Events
FAR Limited Settles US$6m Woodside Claim Over Senegal Petroleum Costs
Dec 21, 2025
FAR Limited has reached a settlement with Woodside Energy (Senegal) BV over a US$6.0 million claim tied to the sale of FAR’s interest in the RSSD Project in 2021. The dispute stemmed from a decision by Senegal’s Ministry of Energy, Petroleum and Mines that prevented Woodside from recovering certain petroleum expenditures, triggering an indemnity obligation under the original sale agreement. FAR will promptly pay the full claim amount, for which it has already reserved funds, while the settlement preserves upside for FAR by requiring Woodside to refund any amounts later recovered from the Senegalese authorities before the end of 2030, thereby capping FAR’s immediate liability but leaving scope for partial reimbursement and reducing long-term uncertainty for shareholders.
FAR Limited Reports Strong Sangomar Field Performance Amidst Indemnity Claim
Oct 23, 2025
FAR Limited’s quarterly report highlights the strong performance of the Sangomar field offshore Senegal, with significant oil production and an increase in reserves. The company is currently engaging with Woodside Energy regarding an indemnity claim related to the sale of its interest in the RSSD Project. FAR ended the quarter with a cash balance of US$7.9 million and reported minimal expenditures primarily for corporate and administrative purposes.
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.