Genesis Resources Limited (GES) AI Stock Analysis

• Market Cap: AU$3.91M
• Dividend Yield: N/A
• Average Volume (3M): 123.08K
• Price to Earnings (P/E): ―
• Beta (1Y): -2.35
• Revenue Growth: N/A
• EPS Growth: -3.70%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 782,841,300
• 10 Day Avg. Volume: 1,974
• 30 Day Avg. Volume: 123,085
• PEG Ratio: 0.47
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.09
• 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

• Rating: 34 Underperform
• Price Target: ―

Genesis Resources Limited is struggling with severe financial challenges, including negative revenue growth and reliance on debt financing. The lack of technical indicators makes it challenging to assess market sentiment or momentum. Furthermore, its valuation metrics suggest an overvalued stock in the absence of earnings and dividends. Immediate strategic interventions are required to stabilize financial health and restore investor confidence.

Genesis Resources Limited Business Overview & Revenue Model

Company Description

Genesis Resources Limited engages in the exploration and evaluation of mineral properties in Australia and Macedonia. It explores for copper, iron, gold, manganese, silver, and other base metals. The company owns five exploration licenses covering an area of approximately 854.9 square kilometers in Queensland and the Northern Territory of Australia. It also holds 62% interest in the Plavica project that covers an area of 16.85 square kilometers located in the Kratovo district to the north east of Macedonia. The company was incorporated in 2005 and is based in Melbourne, Australia.

How the Company Makes Money

Genesis Resources Limited generates revenue through the exploration and development of mineral resource projects. The company's primary revenue streams include the sale of extracted minerals such as gold, copper, and base metals, often through long-term contracts with commodity buyers and trading firms. Additionally, Genesis Resources may engage in joint ventures or partnerships with other mining companies to share costs and risks associated with large-scale exploration and development projects. Revenue is also derived from the sale or optioning of their mineral properties to larger mining entities seeking to expand their resource base. Furthermore, the company may raise funds through equity financing or debt instruments to support its exploration and development activities.

Genesis Resources Limited Financial Statement Overview

Summary

Genesis Resources Limited is facing significant financial hurdles. Revenue stagnation and persistent losses reflect operational inefficiencies and market challenges. The heavy reliance on debt over equity creates financial leverage risks, while negative cash flows indicate liquidity challenges. Immediate corrective actions are needed for financial stability and sustainability.

Income Statement

Genesis Resources Limited has experienced significant challenges in revenue generation, reflected by zero or negligible total revenue in recent years. The company reported persistent negative net income and gross profit margins, indicating an inability to cover basic costs with sales. The EBIT and EBITDA margins are also negative, highlighting operational inefficiencies.

Balance Sheet

The balance sheet shows a concerning debt-to-equity ratio due to a high level of total debt relative to stockholders' equity. Return on equity has been negative, as consistent net losses erode shareholder value. The equity ratio suggests that liabilities constitute a large portion of total assets, indicating financial instability and potential risk in meeting long-term obligations.

Cash Flow

The company's cash flow statement reveals negative operating and free cash flows, indicating challenges in generating cash from operations. The free cash flow to net income ratio is unappealing, reflecting a potential liquidity issue. Despite these concerns, financing cash flow remains positive, suggesting reliance on external financing.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	6.84K	0.00	101.94K	1.16K
Gross Profit	-13.84K	-27.58K	-51.55K	52.09K	-59.50K
EBITDA	-1.05M	-1.04M	-1.03M	-1.36M	-860.70K
Net Income	-2.14M	-1.97M	-2.03M	-2.20M	-1.77M
Balance Sheet
Total Assets	23.30M	22.66M	21.82M	22.11M	21.95M
Cash, Cash Equivalents and Short-Term Investments	60.01K	376.58K	193.47K	703.29K	185.20K
Total Debt	13.06M	11.39M	9.79M	8.80M	6.85M
Total Liabilities	18.55M	15.77M	13.18M	11.52M	9.10M
Stockholders Equity	4.75M	6.97M	8.71M	10.63M	12.89M
Cash Flow
Free Cash Flow	-2.02M	-1.43M	-1.43M	-1.16M	-1.33M
Operating Cash Flow	-1.06M	-1.07M	-1.13M	-957.59K	-966.22K
Investing Cash Flow	-951.51K	-361.89K	-295.79K	-203.19K	-363.23K
Financing Cash Flow	1.67M	1.57M	814.80K	1.74M	1.34M

Genesis Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
M24	48 Neutral	AU$3.84M	―	-60.45%	―	―	69.98%
Sector *	44 Neutral	AU$1.41B	-6.06	-40.74%	3.89%	-3.45%	-41.76%
GED	41 Neutral	AU$3.72M	―	-8.27%	―	―	-50.00%
M2R	35 Underperform	AU$3.99M	―	-16.29%	―	―	68.13%
GES	34 Underperform	AU$3.91M	―	-44.52%	―	―	-3.70%
AKN	―	AU$3.44M	―	-72.79%	―	―	―
EMU	35 Underperform	AU$5.91M	―	-349.16%	―	―	41.95%

Genesis Resources Limited Corporate Events

Genesis Resources Limited Releases Interim Financial Report for 2024

Genesis Resources Limited has released its interim financial report for the half-year ended 31 December 2024. The report, lodged with the ASX, includes a comprehensive overview of the company’s financial performance, including statements of profit or loss, financial position, changes in equity, and cash flows. This release provides stakeholders with critical insights into the company’s financial health and operational efficiency for the specified period.

Genesis Resources Limited Responds to ASX Price Query

Genesis Resources Limited has addressed an ASX inquiry regarding a recent increase in the price and trading volume of its securities. The company stated that it is unaware of any undisclosed information that could explain the trading activity and confirmed compliance with ASX Listing Rules. This announcement reassures stakeholders of the company’s adherence to regulatory requirements, maintaining transparency in its market operations.