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Iron Road Ltd
(OTC:IRD)
Iron Road Ltd (IRD) vs. iShares MSCI Australia ETF (EWA)
Iron Road Ltd Business Overview & Revenue Model
Iron Road Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.69M | 7.69M | 817.38K | 1.00M | 38.00 | 50.27K |
| Gross Profit | 7.69M | 7.69M | 817.38K | -45.40K | -46.79K | -46.83K |
| EBITDA | 5.19M | 5.19M | -1.45M | -347.00K | -3.82M | -5.41M |
| Net Income | 5.05M | 5.05M | -1.49M | -468.00K | -4.03M | -5.44M |
Balance Sheet | ||||||
| Total Assets | 138.56M | 138.56M | 134.76M | 135.79M | 135.67M | 137.31M |
| Cash, Cash Equivalents and Short-Term Investments | 3.55M | 3.55M | 234.97K | 1.78M | 1.94M | 4.79M |
| Total Debt | 0.00 | 0.00 | 503.22K | 0.00 | 0.00 | 343.12K |
| Total Liabilities | 1.11M | 1.11M | 2.32M | 3.45M | 1.85M | 1.49M |
| Stockholders Equity | 137.45M | 137.45M | 132.44M | 132.34M | 133.82M | 135.83M |
Cash Flow | ||||||
| Free Cash Flow | 4.05M | 4.05M | -2.33M | -1.23M | -4.23M | -3.26M |
| Operating Cash Flow | 4.58M | 4.58M | -1.78M | -890.37K | -2.93M | -2.50M |
| Investing Cash Flow | -474.12K | -474.12K | -555.02K | -343.62K | -1.30M | -752.87K |
| Financing Cash Flow | -741.50K | -741.50K | 785.90K | 1.08M | 1.38M | 7.66M |
Iron Road Ltd Technical Analysis
Iron Road Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | AU$19.97M | 3.93 | 3.77% | ― | ― | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | AU$38.83M | 4.62 | 19.09% | ― | ― | ― | |
41 Neutral | AU$41.12M | -5.56 | -92.18% | ― | ― | 66.67% | |
28 Underperform | AU$24.97M | -5.88 | -32.09% | ― | ― | -141.04% |
Iron Road Ltd Corporate Events
Iron Road Ltd announced a change in the director’s interest notice, specifically concerning Dr. Peter Cassidy. The change involved an in-specie distribution of shares, resulting in an increase of 460,545 shares held by the Cassidy Family, with no shares disposed. This adjustment in shareholding reflects internal financial structuring and may influence the company’s governance dynamics, potentially impacting stakeholder perceptions.
Iron Road Ltd has commenced drilling at the Irria Prospect in South Australia following a successful reconnaissance mapping and surface sampling program. This exploratory drilling, consisting of up to 53 air-core holes, is expected to yield laboratory assay results in the first quarter of 2026, potentially impacting the company’s operational strategy and market positioning in the mineral exploration industry.
Iron Road Ltd, a company listed on the Australian Securities Exchange (ASX: IRD), has announced that Mullaquana Station has been selected as the site for a desalination plant as part of the Northern Water Project. This decision, reported by The Advertiser, marks a shift from the previously preferred site at Cape Hardy and follows a comprehensive analysis of regional industrial opportunities and various socio-economic factors. The final investment decision for the $5 billion project is expected by the end of 2026, and while the choice of Mullaquana was anticipated, it is seen as a disappointment for those who supported Cape Hardy.
Iron Road Ltd has announced a change in the director’s interest, specifically concerning Glen Anthony Chipman. On November 26, 2025, Chipman was issued 4,000,000 performance rights, which were approved by shareholders, while his shareholding remained unchanged. This development indicates a potential strategic move to align director incentives with company performance, potentially impacting stakeholder perceptions and company operations.
Iron Road Limited has announced the issuance of 8,000,000 performance rights as part of an employee incentive scheme, which are not intended to be quoted on the ASX. This move could potentially enhance employee motivation and align their interests with the company’s long-term goals, potentially impacting the company’s operational efficiency and market positioning.
Iron Road Ltd announced the successful passage of all resolutions at its 2025 Annual General Meeting, including the appointment of Grant Thornton Audit Pty Ltd as the new auditor, replacing PriceWaterhouseCoopers. This change in auditors and the approval of performance rights for key executives are expected to impact the company’s governance and operational strategies positively, potentially enhancing stakeholder confidence.
Iron Road Ltd has released a presentation by its CEO, Larry Ingle, at the 2025 Annual General Meeting. The presentation, authorized by the company’s board, does not offer securities or investment advice and emphasizes that investors should conduct their own due diligence. The document highlights that any forward-looking statements are not forecasts and are subject to risks and uncertainties that could affect the company’s future performance.
Iron Road Ltd has completed a reconnaissance mapping and surface sampling program at the Irria Prospect, confirming the presence of valuable heavy minerals like titanium and zircon. The program’s positive results, including high percentages of valuable heavy minerals, support the prospect’s potential for further exploration and development. The company has also received approval for a low-impact drilling program and has established a joint venture framework with Red Tiger Resources Ltd, indicating strategic steps towards advancing their mining operations.
Iron Road Ltd has announced the details of its upcoming Annual General Meeting (AGM), scheduled for November 26, 2025, at the Tank Stream Suites in Sydney. The company will not be sending hard copies of the meeting notice unless specifically requested by shareholders, reflecting a shift towards digital communication. This AGM is a significant event for stakeholders as it provides an opportunity to discuss the company’s operations and future strategies.
Iron Road Ltd’s September quarter activities were centered on due diligence for the Central Eyre Iron Project amidst a challenging global investment climate for iron ore developers. The company is also exploring collaboration with Revera Energy on green hydrogen projects at Cape Hardy, which could enhance their magnetite asset development and downstream manufacturing opportunities. Additionally, Iron Road has entered a Farm-In agreement with Red Tiger Resources to explore heavy mineral sands in South Australia, highlighting the region’s potential for sediment-hosted titanium.
Iron Road Ltd has announced a change in the interests of its director, Ian Hume, involving the exercise of vested performance rights. This change resulted in the acquisition of 1,500,000 shares and the disposal of an equivalent number of performance rights, increasing Mr. Hume’s total shareholding to 9,679,244 shares. The transaction was conducted with no cash consideration, potentially indicating a strategic move to consolidate Mr. Hume’s equity position within the company.
Iron Road Ltd has announced the issuance of 1,500,000 ordinary shares as part of a remuneration package for a director. This move, executed without disclosure under specific provisions of the Corporations Act, signifies the company’s compliance with regulatory requirements and reflects its ongoing commitment to rewarding leadership, potentially impacting its governance and market perception.
Iron Road Ltd has announced the quotation of 1,500,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 8, 2025. This move is part of the company’s ongoing efforts to enhance its capital structure and support its strategic initiatives, potentially impacting its market positioning and offering new opportunities for stakeholders.
Iron Road Ltd has announced its intention to hold the 2025 annual general meeting on 26 November 2025, with the re-election of Directors as a key agenda item. The deadline for director nominations is set for 14 October 2025, indicating a structured approach to governance and potential shifts in leadership that could impact the company’s strategic direction.