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Image Resources NL
(Sydney:IMA)
Image Resources NL (IMA) vs. iShares MSCI Australia ETF (EWA)
Image Resources NL Business Overview & Revenue Model
Image Resources NL Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.05M | 0.00 | 119.13M | 171.54M | 178.85M | 176.38M |
| Gross Profit | -8.51M | -7.37M | 19.26M | 49.60M | 54.28M | 61.36M |
| EBITDA | -625.00K | -5.65M | 18.33M | 58.83M | 67.75M | 73.87M |
| Net Income | -12.63M | -9.41M | -4.71M | 15.17M | 19.38M | 24.78M |
Balance Sheet | ||||||
| Total Assets | 211.10M | 178.21M | 165.66M | 209.22M | 188.10M | 171.54M |
| Cash, Cash Equivalents and Short-Term Investments | 10.67M | 19.95M | 46.20M | 53.45M | 79.98M | 50.82M |
| Total Debt | 31.48M | 9.88M | 111.00K | 197.00K | 320.00K | 17.21M |
| Total Liabilities | 120.74M | 80.13M | 54.95M | 93.03M | 77.19M | 62.91M |
| Stockholders Equity | 90.36M | 98.08M | 110.72M | 116.20M | 110.90M | 108.63M |
Cash Flow | ||||||
| Free Cash Flow | -53.84M | -34.42M | -5.80M | -18.13M | 63.48M | 43.78M |
| Operating Cash Flow | 2.50M | -6.30M | 14.08M | 36.80M | 74.90M | 64.98M |
| Investing Cash Flow | -57.30M | -28.32M | -19.88M | -55.15M | -11.51M | -21.20M |
| Financing Cash Flow | 31.36M | 7.73M | -980.00K | -8.27M | -35.28M | -38.37M |
Image Resources NL Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$50.29M | -10.53 | -13.23% | ― | ― | -86.89% | |
49 Neutral | AU$141.97M | 10.29 | 22.56% | ― | 64.66% | ― | |
47 Neutral | AU$60.88M | -4.82 | -12.99% | ― | ― | ― | |
46 Neutral | AU$90.15M | ― | -0.27% | ― | ― | -100.00% | |
45 Neutral | AU$92.26M | -16.08 | ― | ― | ― | 54.26% |
Image Resources NL Corporate Events
Image Resources NL reported a strong December 2025 quarter at its Atlas Project, with heavy mineral concentrate production rising 30% quarter-on-quarter to 73,000 dry metric tonnes from higher ore throughput, and full-year 2025 output landing just below the lower end of guidance. HMC sales climbed 44% to more than 70,000 DMT for the quarter, bringing calendar 2025 sales within guidance, while higher shipments pushed cash receipts to A$31.55 million and full-year revenue to A$80.7 million; the company also drove operating and all-in sustaining costs below guidance, generating an operating margin of A$26 million despite repaying prepayment facilities through zero-cost allocations of about 20% of shipments. Image closed the year with A$7.7 million in cash and A$16.7 million in debt, unveiled a maiden 139,000-ounce gold resource at its Erayinia/King project, put select land parcels up for sale, and continued pre-development work on potential mine life extensions at Atlas and future projects at Durack and Yandanooka, underscoring a focus on sustaining and diversifying its production profile.
The most recent analyst rating on (AU:IMA) stock is a Sell with a A$0.06 price target. To see the full list of analyst forecasts on Image Resources NL stock, see the AU:IMA Stock Forecast page.
Image Resources NL has reported a maiden Inferred Mineral Resource Estimate for its Erayinia/King gold project in Western Australia’s Eastern Goldfields, outlining approximately 2.0 million tonnes at 2.1 grams per tonne gold for a total of 139,000 ounces. The relatively shallow oxide and transitional nature of the deposit, combined with conceptual pit optimisation parameters indicating suitability for conventional open-pit mining, suggests potential for eventual economic extraction and enhances confidence in the project’s development prospects, while the mineralisation remains open at depth, offering further exploration upside near an established gold-producing district.
The most recent analyst rating on (AU:IMA) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Image Resources NL stock, see the AU:IMA Stock Forecast page.
Image Resources NL has reported diamond drilling results from its Erayinia/King gold project, where two deep core holes intersected broad zones of low-grade gold mineralisation, including 23 metres at 0.7 g/t gold and 11 metres at 0.9 g/t gold at depths of around 340 metres. The oriented core logging has significantly improved the understanding of the deposit’s structural geology, allowing an updated geological model and underpinning a maiden Mineral Resource Estimate by Snowden Optiro, which will guide the company’s next steps, potentially including further drilling for higher-grade extensions at depth or the divestment of the gold tenements to keep strategic focus on its mineral sands developments.
The most recent analyst rating on (AU:IMA) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Image Resources NL stock, see the AU:IMA Stock Forecast page.
Image Resources NL has issued an additional 429,236 fully paid ordinary shares, effective December 18, 2025, to be quoted on the Australian Securities Exchange (ASX). This development aligns with the company’s broader strategic initiatives by augmenting its capital base, potentially enhancing its operational efficiency and supporting its growth objectives.
Image Resources NL announced a change in the director’s interest, with Patrick Mutz reducing his holdings by 1,485,333 shares through a buy-back under the company’s Employee Share Plan. This adjustment reflects ongoing corporate governance practices and may influence shareholder perceptions regarding the company’s internal management and stock valuation.
Image Resources NL has responded to a query from the ASX regarding unusual trading activity in its securities, stating that it is unaware of any undisclosed information that could explain the recent trading patterns. The company highlighted a recent ABC article mentioning its involvement in supplying critical minerals to China and clarified that pending assay results from a non-core gold project were negative and insignificant, thus not influencing the trading activity. Image Resources confirmed compliance with ASX listing rules and ensured that its responses were authorized by its managing director.
Image Resources NL has announced the final notification of its buy-back program, acquiring a total of 9,626,865 ordinary fully paid securities for a consideration of AUD 1,395,895.43. This buy-back is part of an employee share scheme, which may impact the company’s financial structure and shareholder value by reducing the number of outstanding shares, potentially enhancing earnings per share and signaling confidence in the company’s future prospects.
Image Resources NL has announced a daily buy-back of its ordinary fully paid securities, with 9,626,865 shares bought back on the previous day. This buy-back initiative is part of an employee share scheme, indicating the company’s strategy to manage its capital structure and potentially enhance shareholder value.