Top Page
Fin Resources Limited
(Sydney:FIN)
Fin Resources Limited (FIN) vs. S&P 500 (SPY)
Fin Resources Limited Business Overview & Revenue Model
Fin Resources Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
| ― | -553.24K | -955.35K | -4.10M | -605.58K | -334.51K | EBITDA |
| -303.86K | -866.19K | -2.72M | -4.11M | -629.33K | 0.00 | Net Income Common Stockholders |
| ― | -3.61M | -2.65M | -5.02M | -880.12K | -295.32K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 250.71K | 879.74K | 2.27M | 3.39M | 5.04M | 3.48M | Total Assets |
| 2.87M | 3.42M | 5.84M | 7.31M | 6.00M | 4.24M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -250.61K | -879.64K | -2.27M | -3.39M | -5.04M | -3.48M | Total Liabilities |
| 431.88K | 738.04K | 110.01K | 67.94K | 352.58K | 30.76K | Stockholders Equity |
| 2.44M | 2.68M | 5.73M | 7.24M | 5.65M | 4.20M |
| Cash Flow | Free Cash Flow | ||||
| ― | -1.84M | -1.64M | -2.84M | -917.98K | -327.02K | Operating Cash Flow |
| ― | -608.26K | -574.71K | -1.15M | -473.80K | -270.99K | Investing Cash Flow |
| ― | -1.23M | -1.07M | -1.69M | -444.19K | -56.03K | Financing Cash Flow |
| 0.00 | 448.48K | 517.36K | 1.19M | 2.48M | 0.00 |
Fin Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
57 Neutral | $28.41M | 5.82 | 15.74% | ― | ― | ― | |
50 Neutral | $1.98B | -1.08 | -21.29% | 3.61% | 1.96% | -30.59% | |
45 Neutral | AU$12.59M | ― | -3.02% | ― | ― | 90.32% | |
38 Underperform | €29.22M | ― | -37.43% | ― | ― | 64.20% | |
35 Underperform | AU$6.44M | ― | -76.62% | ― | ― | 31.25% | |
25 Underperform | AU$4.17M | ― | -20.32% | ― | ― | 90.91% |
Fin Resources Limited Corporate Events
Fin Resources Limited reported limited activity in its March 2025 quarterly report due to challenging commodity and financial market conditions. The company restricted its work to desktop studies and regulatory reporting for the Cancet West Lithium Project, with further fieldwork contingent on improved lithium prices. Similarly, limited work was conducted on the Ross Lithium and Uranium Project, reflecting the company’s cautious approach amid market uncertainties.
Fin Resources Limited has announced a change in the director’s interest, with Bruce McFadzean acquiring 4,500,000 ordinary shares and 5,000,000 unquoted options in the company. This acquisition, approved by shareholders, reflects a strategic move to align the director’s interests with the company’s growth objectives, potentially impacting the company’s market positioning and stakeholder confidence.
Fin Resources Limited announced the issuance of 20,000,000 unquoted options as part of a previously announced transaction. This move could enhance the company’s capital structure and provide additional financial flexibility, potentially impacting its market positioning and offering new opportunities for stakeholders.
Fin Resources Limited announced the successful passing of all resolutions at its recent General Meeting. These resolutions, which were approved by a significant majority, include the issuance of convertible notes and shares in lieu of cash for consulting and director fees, as well as the approval of options for consultants and related parties. This outcome is likely to enhance the company’s financial flexibility and align the interests of stakeholders, potentially strengthening its market position.
Fin Resources Limited has announced a General Meeting for its shareholders, scheduled for April 17, 2025, in West Perth. Shareholders are encouraged to participate by attending in person, by proxy, or through an authorized representative. The company emphasizes the importance of lodging proxy forms in advance and submitting questions prior to the meeting to facilitate thorough preparation. The meeting’s outcome could influence shareholder interests and company operations, highlighting the significance of shareholder engagement.
Fin Resources Limited has released its interim financial report for the period ending 31 December 2024. The report provides insights into the company’s financial performance and position, which are crucial for stakeholders to assess its operational efficiency and market positioning. This release is significant as it reflects the company’s current financial health and could influence investor decisions.
Fin Resources Limited has announced a proposed issue of securities, including 445,000 convertible notes, 20,000,000 unquoted incentive options, and 45,619,740 fully paid ordinary shares. This issuance is aimed at raising capital to support the company’s operations and strategic initiatives, potentially impacting its market position and offering new opportunities for stakeholders.
Fin Resources Limited announced a funding initiative through the issuance of Convertible Notes, aiming to raise $445,000, subject to shareholder approval. This funding will support project-related working capital and corporate costs, while the company continues its cost reduction initiatives. Additionally, the company plans to issue shares and options as part of remuneration and incentive packages for directors, consultants, and corporate advisors, aligning with its strategy to conserve cash reserves for operational purposes.