Fitzroy River Corp. Ltd. (FZR) AI Stock Analysis

• Market Cap: AU$16.73M
• Dividend Yield: 16.82%
• Average Volume (3M): 34.44K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.47
• Revenue Growth: N/A
• EPS Growth: -257.14%
• Country: AU
• Employees: 7
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 107,954,254
• 10 Day Avg. Volume: 29,679
• 30 Day Avg. Volume: 34,439
• PEG Ratio: -0.25
• Price to Book (P/B): 6.27
• Price to Sales (P/S): 29.33
• P/FCF Ratio: 46.15
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: AU$0.16 ▼(-0.63% Downside)

The score is held back primarily by deteriorating fundamentals (multi-year revenue decline and recent net losses with shrinking equity). Technical indicators also point to weak momentum (oversold RSI and negative MACD). Support comes from a cleaner balance sheet with zero debt, positive recent cash generation, and a high dividend yield, though the negative P/E reflects ongoing earnings weakness.

Positive Factors

Debt Elimination

The elimination of debt reduces financial risk and enhances the company's financial stability, providing a stronger foundation for future operations.

Positive Cash Generation

Consistent positive cash flow enhances financial flexibility and supports ongoing operations and potential investments, even amid net losses.

Strong Shareholder Support

Strong shareholder support for leadership and compensation strategies suggests confidence in management, which can drive long-term strategic success.

Negative Factors

Revenue Decline

A multi-year revenue decline indicates weakening market position and challenges in sustaining growth, which could impact long-term profitability.

Net Losses

Sustained net losses pressure equity and reflect operational challenges, potentially limiting the company's ability to reinvest and grow.

Shrinking Equity

Declining equity reduces the financial cushion against losses and limits the company's ability to leverage for growth, impacting financial health.

Fitzroy River Corp. Ltd. Business Overview & Revenue Model

Company Description

Fitzroy River Corporation Limited operates as an oil and gas, and mineral investment holding company. The company focuses on non-operational assets, such as royalties and equity investments. It holds royalty interests in various permits in Australia, the Gulf of Mexico, and New Zealand. The company was incorporated in 1996 and is based in Gwelup, Australia.

How the Company Makes Money

Fitzroy River Corp. Ltd. makes money through its investment portfolio in the oil and gas sector. The company's revenue is primarily derived from dividends, interest, and capital gains earned from its equity investments in exploration and production companies. FZR strategically selects investment opportunities that have the potential for significant returns, benefiting from the growth and profitability of its investee companies. Additionally, the company may engage in joint ventures or partnerships that enhance its revenue streams and provide further opportunities for financial growth.

Fitzroy River Corp. Ltd. Financial Statement Overview

Summary

Fitzroy River Corp. Ltd. is facing challenges in revenue and profit generation, reflected in declining revenues and a negative net profit margin. However, it benefits from a strong balance sheet with no debt and substantial cash reserves. Cash flow generation is positive, showing resilience in cash operations despite profitability concerns. The company should focus on reversing revenue decline and improving profitability while maintaining its strong financial position.

Income Statement

Fitzroy River Corp. Ltd. has experienced a significant decline in total revenue over the past year, dropping from 1,037,205 to 725,471. This is a 30.06% decrease, indicating challenges in revenue generation. The gross profit margin remains consistent at 100% due to total revenue equaling gross profit, but the net profit margin has turned negative, indicating a net loss of 71,866. The EBIT margin is also negative, reflecting operational inefficiencies. However, the EBITDA margin remains strong at 49.89%, suggesting some ability to generate cash flow from core operations despite net income challenges.

Balance Sheet

The company's balance sheet is strong with zero debt, leading to a debt-to-equity ratio of 0. The equity ratio stands at an impressive 98.90%, indicating a high level of asset financing through equity rather than debt. Return on equity is negative due to net losses, but the overall financial position remains stable, supported by substantial cash reserves. The reduction in total assets and stockholders' equity over the year reflects asset disposals or depreciation.

Cash Flow

Operating cash flow is positive at 433,541, showing improvement in cash-generating capability. The free cash flow to net income ratio is strong because of positive free cash flow, despite the net loss. The free cash flow growth rate cannot be determined due to the significant changes in capital expenditure across periods. The company has managed to maintain liquidity, with positive operating cash flow balancing net income losses.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	607.54K	607.54K	725.47K	1.04M	1.29M	691.16K
Gross Profit	607.54K	607.54K	725.47K	1.04M	995.74K	395.80K
EBITDA	225.95K	225.95K	361.97K	660.67K	898.85K	692.22K
Net Income	-272.80K	-272.32K	-71.87K	138.82K	851.01K	83.58K
Balance Sheet
Total Assets	3.03M	3.03M	5.73M	5.99M	7.72M	6.30M
Cash, Cash Equivalents and Short-Term Investments	749.85K	749.85K	2.39M	1.76M	1.27M	474.37K
Total Debt	0.00	0.00	0.00	0.00	0.00	3.50M
Total Liabilities	189.71K	189.71K	63.29K	112.12K	35.90K	69.28K
Stockholders Equity	2.84M	2.84M	5.66M	5.88M	7.68M	6.23M
Cash Flow
Free Cash Flow	386.04K	386.04K	433.54K	990.97K	709.55K	-114.58K
Operating Cash Flow	386.04K	386.04K	433.54K	990.97K	709.55K	-114.58K
Investing Cash Flow	18.84K	18.84K	194.51K	89.45K	89.45K	1.06M
Financing Cash Flow	-2.04M	-2.04M	-638.00	-506.69K	-1.09M	-1.09M

Fitzroy River Corp. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FZR, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.17, and above the 200-day MA of 0.15, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 16.58 is Positive, neither overbought nor oversold. The STOCH value of 32.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FZR.

Fitzroy River Corp. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
EMP	51 Neutral	AU$91.35M	-61.11	-13.64%	―	―	30.77%
FZR	49 Neutral	AU$16.73M	-62.00	-6.43%	16.82%	―	-257.14%
ADX	48 Neutral	AU$19.46M	-1.71	-59.58%	―	4.41%	-49.06%
FDR	48 Neutral	AU$159.32M	18.85	168.99%	―	―	―
HHR	46 Neutral	AU$36.51M	-16.25	-6.62%	―	―	20.00%
PGY	44 Neutral	AU$9.77M	-2.56	-45.97%	―	0.69%	-30.00%

Fitzroy River Corp. Ltd. Corporate Events

Fitzroy River Corp. AGM Resolutions Passed with Strong Support

Fitzroy River Corporation Ltd. held its Annual General Meeting on November 27, 2025, where all proposed resolutions were carried. The resolutions included the adoption of the Remuneration Report and the election of directors Susan Thomas and Brendon Morton. The results indicate strong shareholder support for the company’s leadership and compensation strategies, suggesting stability in its governance and potential positive implications for its stakeholders.

Fitzroy River Corp. Reports Steady Royalty Income Amid Project Developments

Fitzroy River Corporation Ltd. reported receiving $171,609 in royalty income for the quarter ending September 2025, with total receipts for the year amounting to $619,145. The company received government and environmental approvals for the Rafael Gas and Condensate Field, indicating potential future developments. The Bowdens Silver Project is progressing with regulatory submissions, and the Snowy River Gold Project secured significant funding for its development. Despite these advancements, the company faces risks from fluctuating global oil and gas prices, geopolitical tensions, and potential production interruptions.

Fitzroy River Corporation Ltd Announces 2025 AGM Details

Fitzroy River Corporation Ltd has announced its Annual General Meeting (AGM) for shareholders, scheduled for 27 November 2025 in South Perth, Australia. The company encourages shareholders to submit proxy forms ahead of the meeting, emphasizing the importance of reviewing the Notice of Meeting available online. The company is prepared to make alternative arrangements for the meeting if necessary, with updates to be provided via the ASX and the company’s website.

Fitzroy River Corp. Schedules AGM for November 2025

Fitzroy River Corporation Ltd, listed on the ASX under the ticker FZR, has announced the date for its upcoming Annual General Meeting (AGM) on November 27, 2025. The meeting will include the re-election and appointment of directors, with nominations closing on October 9, 2025. This announcement is part of the company’s compliance with ASX Listing Rules and the Corporations Act, and it signifies an important opportunity for stakeholders to influence the company’s governance and strategic direction.