Grand Gulf Energy Limited (GGE) AI Stock Analysis

• Market Cap: AU$5.64M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 1.89
• Revenue Growth: 12.37%
• EPS Growth: 66.67%
• Country: AU
• Employees: 1
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 2,820,424,800
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: 0.09
• Price to Book (P/B): 0.23
• Price to Sales (P/S): 8.00
• P/FCF Ratio: -4.32
• 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$0.01 ▲(400.00% Upside)

The score is primarily held back by persistent operating losses and negative operating/free cash flow (ongoing cash burn), despite improving 2025 revenue and gross margins. The key support is a conservative balance sheet with zero debt and meaningful equity, but limited technical and valuation data reduces confidence in assessing near-term trading setup and relative pricing.

Positive Factors

Revenue Growth

The strong revenue growth indicates expanding operations and market presence, which could lead to improved profitability as the company scales.

Gross Margin Improvement

The significant improvement in gross margins suggests better cost management and pricing power, enhancing long-term profitability potential.

Exploration Initiatives

Expanding exploration efforts in Namibia positions the company for future growth in a promising region, potentially increasing resource reserves.

Negative Factors

Negative Cash Flow

Persistent negative cash flow indicates ongoing cash burn, which may necessitate additional funding and could constrain operational flexibility.

Profitability Challenges

Continued losses highlight challenges in achieving sustainable profitability, which could impact long-term financial health and investor confidence.

Capital Structure Changes

Changes in capital structure, such as the cessation of performance shares, may affect shareholder value and reflect strategic financial adjustments.

Grand Gulf Energy Limited Business Overview & Revenue Model

Company Description

Grand Gulf Energy Limited engages in the exploration and production of helium in the United States. It holds interest in the Red Helium project located in Paradox Basin, Utah; and the Desiree and D&L fields situated in Assumption Parish, Louisiana, as well as in the DJ Basin located in Weld County. The company was formerly known as Alto Energy International Limited and changed its name to Grand Gulf Energy Limited in June 2007. Grand Gulf Energy Limited was incorporated in 1996 and is headquartered in West Perth, Australia.

How the Company Makes Money

Grand Gulf Energy Limited generates revenue through the extraction and sale of oil and gas. The company's key revenue streams include the sale of crude oil and natural gas produced from its exploration and production activities. GGE may also engage in strategic partnerships and joint ventures to enhance its operational capabilities and access additional resources. Revenue is further influenced by global oil and gas market prices, production volumes, and cost management strategies.

Grand Gulf Energy Limited Financial Statement Overview

Summary

Grand Gulf Energy Limited faces significant challenges in profitability and cash flow management. The income statement and cash flow statement indicate operational inefficiencies and liquidity issues, despite a solid balance sheet with no debt.

Income Statement

Grand Gulf Energy Limited has experienced declining revenues and profits over the past few years, with total revenue dropping significantly from 2019 to 2024. The net income has been consistently negative, indicating challenges in achieving profitability. The gross profit margin and EBIT margin are also negative, showing operational inefficiencies.

Balance Sheet

The company maintains a strong equity position with no debt, reflected by a debt-to-equity ratio of zero. Stockholders' equity has been relatively stable, but the equity ratio has decreased slightly over the years, indicating a potential risk if liabilities grow. Overall, the company is financially stable with a solid equity base.

Cash Flow

Free cash flow has been consistently negative, reflecting high capital expenditures and operating cash flow challenges. The operating cash flow to net income ratio is unfavorable, highlighting inefficiencies in converting revenue to cash. The pattern of negative free cash flow indicates potential liquidity concerns.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	613.25K	613.25K	545.74K	695.03K	1.37M	1.14M
Gross Profit	426.22K	426.22K	60.39K	-290.96K	-1.59M	127.83K
EBITDA	-415.97K	-415.97K	-1.39M	-921.19K	-18.51M	222.98K
Net Income	-834.09K	-834.09K	-1.77M	-2.24M	-18.70M	115.22K
Balance Sheet
Total Assets	25.07M	25.07M	24.01M	23.42M	17.99M	3.10M
Cash, Cash Equivalents and Short-Term Investments	1.14M	1.14M	267.32K	1.22M	6.79M	1.06M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	706.41K	706.41K	909.20K	1.62M	574.80K	408.20K
Stockholders Equity	21.21M	21.21M	19.95M	18.31M	17.41M	2.69M
Cash Flow
Free Cash Flow	-1.13M	-1.13M	-3.93M	-9.06M	-644.10K	108.96K
Operating Cash Flow	-761.17K	-761.17K	-771.97K	-812.94K	-644.10K	110.29K
Investing Cash Flow	-373.54K	-373.54K	-3.16M	-7.11M	-7.54M	-1.33K
Financing Cash Flow	2.01M	2.01M	2.98M	2.34M	13.92M	0.00

Grand Gulf Energy Limited 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%
BAS	56 Neutral	AU$16.93M	-37.86	-3.11%	―	7.09%	-275.00%
SHE	51 Neutral	AU$4.79M	―	-9.49%	―	-16.79%	-205.26%
GGE	49 Neutral	AU$5.64M	―	-4.05%	―	12.37%	66.67%
VSR	49 Neutral	AU$32.92M	-193.33	-1.49%	―	―	―
TEG	44 Neutral	AU$6.60M	―	―	―	―	―
GAS	43 Neutral	AU$9.82M	-2.60	-7.92%	―	―	16.52%

Grand Gulf Energy Limited Corporate Events

Grand Gulf Energy Advances Exploration Efforts in Namibia

Grand Gulf Energy Limited is advancing its petroleum exploration efforts in Namibia’s Walvis Basin, with ongoing discussions with the Namibian government and stakeholders regarding a Petroleum Exploration Licence for Block 2312. The company is also planning a 3D seismic program in collaboration with Sage Potash Corp. and is in discussions to advance the Red Helium project. These initiatives are part of Grand Gulf’s strategy to preserve capital while pursuing technical and strategic objectives, potentially positioning the company favorably within the active offshore oil and gas sector.

Grand Gulf Energy Announces 2025 Annual General Meeting

Grand Gulf Energy Limited has announced its 2025 Annual General Meeting, scheduled for 27 October 2025 in West Perth, Western Australia. Shareholders are encouraged to participate in the meeting, with voting options available online or by proxy. The meeting will address important business matters affecting shareholder interests, and all relevant documents are accessible online. This announcement underscores the company’s commitment to transparent communication with its stakeholders.

Grand Gulf Energy Announces Director’s Interest Change

Grand Gulf Energy Limited announced a change in the director’s interest, specifically regarding Keith Martens, whose indirect interest in the company has been adjusted due to the expiry of consideration performance shares. This change reflects a reduction in the number of securities held indirectly by Martens, which may impact the company’s governance dynamics and stakeholder perceptions.

Grand Gulf Energy Announces Cessation of 100 Million Performance Shares

Grand Gulf Energy Limited has announced the cessation of 100,000,000 performance shares due to the expiry of options or other convertible securities without exercise or conversion, effective October 15, 2025. This development may impact the company’s capital structure and could influence investor perceptions, as it reflects changes in the company’s strategic financial management.