Galilee Energy Limited (GLL) AI Stock Analysis

• Market Cap: AU$6.36M
• Dividend Yield: N/A
• Average Volume (3M): 512.72K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.13
• Revenue Growth: N/A
• EPS Growth: -70.73%
• Country: AU
• Employees: 7
• Sector: Energy
• Sector Strength: 53
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 707,192,900
• 10 Day Avg. Volume: 286,956
• 30 Day Avg. Volume: 512,715
• PEG Ratio: -0.06
• Price to Book (P/B): 1.85
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.95K
• 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: AU$0.03
• Price Target Upside: 200.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 22 Underperform
• Price Target: ―

Galilee Energy Limited faces significant financial challenges, highlighted by zero revenue, persistent losses, and negative cash flows. The lack of technical indicators and poor valuation metrics further compound the company's difficulties. Without positive financial performance, solid technical trends, or favorable valuation, the stock is rated low.

Galilee Energy Limited Business Overview & Revenue Model

Company Description

Galilee Energy Limited, through its subsidiaries, engages in the exploration and production of oil and gas properties in Australia, the United States, and Chile. It primarily explores for coal seam gas. The company's flagship project is the Glenaras gas project located within the ATP 2019 permit, which covers an area of approximately 3,200 square kilometers in western Queensland's Galilee Basin. Galilee Energy Limited was incorporated in 1994 and is based in Brisbane, Australia.

How the Company Makes Money

Galilee Energy Limited generates revenue through the exploration, development, and eventual production of coal seam gas and conventional oil and gas resources. The company focuses on identifying and appraising viable gas reserves, which can be commercialized to supply domestic and international energy markets. Revenue streams primarily come from selling produced gas to energy retailers, utilities, or other industrial users. Additionally, Galilee Energy may form strategic partnerships or joint ventures with other energy companies to leverage technical expertise, share risks, and facilitate the infrastructure required for gas extraction and transportation. These collaborations can significantly impact the company's earnings by enhancing the efficiency and scale of its operations.

Galilee Energy Limited Financial Statement Overview

Summary

Galilee Energy Limited is in a challenging financial position with no revenue generation, continuous losses, and negative cash flows. Despite low debt levels, the declining equity and heavy reliance on cash reserves indicate financial stress. The company needs to address its revenue and operational challenges to stabilize its financial health.

Income Statement

Galilee Energy Limited has consistently reported zero revenue, which is a significant concern. The company has been running at a loss with negative net income and EBIT over the years, indicating ongoing operational challenges and an inability to generate revenue. This lack of revenue and continual losses highlight a poor position in terms of profitability and growth.

Balance Sheet

The company has a low debt-to-equity ratio due to minimal debt, but this is offset by a very low stockholders' equity, reflecting significant accumulated losses. The negative equity trajectory suggests financial instability. Although total assets have declined, the company maintains a relatively high cash balance, which might provide some short-term liquidity.

Cash Flow

The cash flow statement reveals persistent negative operating cash flows and free cash flows, which are concerning for the company's sustainability. The reliance on financing cash flows in previous years is evident, yet recent financing inflows have diminished. The company faces significant challenges in generating positive cash flow from its operations.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-256.00K	-312.00K	-506.00K	-525.00K	-142.00K
EBITDA	-8.23M	-16.57M	-25.36M	-17.95M	-17.12M
Net Income	-3.54M	-8.94M	-19.76M	-18.50M	-16.89M
Balance Sheet
Total Assets	5.03M	9.63M	18.58M	20.89M	22.06M
Cash, Cash Equivalents and Short-Term Investments	3.17M	7.31M	16.15M	18.23M	18.09M
Total Debt	28.26K	233.55K	241.31K	322.83K	121.39K
Total Liabilities	4.82M	5.83M	7.36M	4.23M	4.10M
Stockholders Equity	211.83K	3.80M	11.22M	16.66M	17.96M
Cash Flow
Free Cash Flow	-4.03M	-8.73M	-14.57M	-14.37M	-16.86M
Operating Cash Flow	-4.03M	-8.44M	-14.54M	-14.12M	-16.79M
Investing Cash Flow	-665.20K	-234.17K	-176.66K	491.21K	66.06K
Financing Cash Flow	-149.84K	-166.05K	12.64M	13.77M	23.26M

Galilee Energy Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ORG	76 Outperform	AU$19.98B	14.11	14.75%	5.15%	8.09%	-13.99%
STO	75 Outperform	AU$24.95B	13.45	7.94%	4.24%	-7.99%	-12.27%
Sector *	69 Neutral	€9.55B	16.78	12.20%	4.51%	-3.06%	23.36%
BPT	58 Neutral	AU$3.09B	33.54	2.70%	4.43%	6.43%	―
GLL	22 Underperform	AU$6.36M	―	-125.95%	―	―	-70.73%

Galilee Energy Limited Corporate Events

Galilee Energy Expands Share Issuance to Bolster Market Position

Galilee Energy Limited has issued 16,666,667 fully paid ordinary shares under a placement announced on 24 March 2025. The company has complied with relevant provisions of the Corporations Act and reports no excluded information requiring disclosure, indicating a strategic move to strengthen its financial position and potentially enhance its market presence.

Galilee Energy Limited Issues New Securities on ASX

Galilee Energy Limited has announced the issuance of 16,666,667 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code GLL. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and market presence, which could have positive implications for its stakeholders.

Galilee Energy Director Increases Stake Through On-Market Trade

Galilee Energy Limited has announced a change in the director’s interest, with Raymond Shorrocks acquiring 36,615 ordinary fully paid shares through an on-market trade. This change reflects a slight increase in the director’s stake, which may indicate confidence in the company’s future prospects and could impact stakeholder perceptions positively.

Macquarie Group Ceases Substantial Holding in Galilee Energy

Galilee Energy Limited has announced that Macquarie Group Limited, along with its controlled entities, has ceased to be a substantial holder in the company. This change in substantial holding could impact Galilee Energy’s shareholder dynamics and influence its market perception, as substantial holders often play a significant role in corporate governance and strategic decision-making.

Galilee Energy Announces Director’s Share Acquisition

Galilee Energy Limited has announced a change in the director’s interest notice, specifically concerning Raymond Shorrocks. The change involves an acquisition of 1,963,385 ordinary fully paid shares via an on-market trade, bringing the total number of shares held by Shorrocks to 14,932,675. This transaction reflects a strategic move in the company’s leadership, potentially impacting its market positioning and shareholder value.

Galilee Energy Issues New Shares to Bolster Strategic Growth

Galilee Energy Limited has announced the issuance of 116,666,666 fully paid ordinary shares as part of a placement previously disclosed to the ASX. This move is in line with the company’s compliance with relevant sections of the Corporations Act, and it positions Galilee to enhance its financial capacity to support its operations and strategic goals in the sustainable energy sector.

Galilee Energy Announces Proposed Securities Issue to Boost Capital

Galilee Energy Limited has announced a proposed issue of 166,666,667 ordinary fully paid securities, with the issue date set for March 31, 2025. This strategic move is aimed at raising capital, potentially impacting the company’s operational capabilities and positioning within the energy sector, while also influencing stakeholder interests.

Galilee Energy Partners with Novus to Enhance Glenaras Gas Project

Galilee Energy Limited has entered into a technology license agreement with Novus Energy Trading Company to address reservoir challenges at its Glenaras Gas Project. This collaboration aims to enhance production efficiency and resource recovery by leveraging Novus’ expertise in subsurface engineering. The insights gained could influence Galilee’s broader portfolio and the coal seam gas industry. Additionally, Galilee is raising A$1.0 million through a share placement to fund general working capital expenses.

Galilee Energy Initiates Trading Halt for Capital Raising Announcement

Galilee Energy Limited has requested a trading halt on its securities as it prepares to announce a proposed capital raising and license agreement. This move is expected to impact the company’s financial strategy and market positioning, with the trading halt in place until the announcement is made or normal trading resumes on 24 March 2025. Stakeholders are advised to anticipate changes in the company’s operational dynamics following the forthcoming announcement.

Galilee Energy Limited Releases Half-Year Financial Statements

Galilee Energy Limited has released its consolidated financial statements for the half-year ended December 31, 2024. The report includes various financial documents such as the statement of profit or loss, financial position, changes in equity, and cash flows, providing stakeholders with a comprehensive view of the company’s financial health during this period.

UBS Reduces Stake in Galilee Energy Limited

Galilee Energy Limited has announced a change in the substantial holding of UBS Group AG and its related bodies corporate. The voting power of UBS Group AG in Galilee Energy Limited has decreased from 7.25% to 5.74%, reflecting a reduction in the number of shares held by UBS. This change may impact the company’s shareholder structure and influence its market dynamics.