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Lithium Australia NL
(OTC:LIT)
Lithium Australia NL (LIT) vs. iShares MSCI Australia ETF (EWA)
Lithium Australia NL Business Overview & Revenue Model
Lithium Australia NL Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 7.89M | 6.71M | 5.49M | 2.94M | 1.18M | 374.38K | Gross Profit |
| 4.29M | 2.22M | -9.75M | -12.58M | -9.31M | -6.99M | EBIT |
| -13.50M | -14.16M | -12.30M | -17.09M | -17.50M | -9.86M | EBITDA |
| -14.17M | -9.27M | -4.13M | -17.41M | -18.46M | -7.87M | Net Income Common Stockholders |
| -9.93M | -10.77M | -7.24M | -20.63M | -19.86M | -8.53M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 6.01M | 5.92M | 15.61M | 5.87M | 11.60M | 4.25M | Total Assets |
| 20.68M | 18.48M | 25.08M | 21.93M | 32.55M | 27.92M | Total Debt |
| 5.67M | 4.21M | 1.29M | 1.77M | 793.53K | 1.04M | Net Debt |
| 580.25K | -543.80K | -7.76M | -3.07M | -10.58M | -2.70M | Total Liabilities |
| 17.64M | 15.11M | 7.72M | 10.71M | 8.95M | 3.34M | Stockholders Equity |
| 3.04M | 4.16M | 18.17M | 11.85M | 24.98M | 24.70M |
| Cash Flow | Free Cash Flow | ||||
| -4.24M | -10.12M | -10.29M | -12.70M | -6.44M | -5.38M | Operating Cash Flow |
| -3.70M | -6.12M | -8.61M | -9.82M | -4.72M | -4.46M | Investing Cash Flow |
| -1.92M | -759.79K | 1.21M | -2.53M | -1.71M | -1.82M | Financing Cash Flow |
| 5.74M | 2.56M | 11.60M | 5.81M | 14.10M | 7.30M |
Lithium Australia NL Technical Analysis
Lithium Australia NL Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
52 Neutral | AU$17.48M | ― | -111.05% | ― | -100.00% | 33.33% | |
51 Neutral | $2.04B | -1.15 | -21.37% | 3.64% | 2.88% | -30.57% | |
40 Neutral | AU$20.29M | ― | -141.00% | ― | 37.21% | 4.76% | |
39 Underperform | AU$8.51M | ― | -8.43% | ― | ― | 48.86% | |
38 Underperform | AU$17.18M | ― | -8.45% | ― | ― | -100.00% | |
31 Underperform | AU$14.69M | ― | -12.52% | ― | ― | 69.05% |
Lithium Australia NL Corporate Events
Livium Ltd has initiated discussions with developers of rare-earth element (REE) extraction technologies to expand its circular economy portfolio. This move aligns with Livium’s strategy to leverage its recycling expertise and meet the increasing demand for REE recycling, particularly as automakers face shortages due to restricted Chinese exports. The global REE market is projected to reach $9.6 billion by 2026, presenting a significant opportunity for Livium to enhance its market position and supply chain capabilities, especially in clean energy and e-mobility sectors.
Livium Ltd has announced a revision of its Securities Trading Policy, which will be accessible on their website. This update reflects the company’s commitment to maintaining robust corporate governance practices. The revision is likely to impact stakeholders by ensuring compliance with ASX regulations, potentially enhancing investor confidence and operational transparency.
Livium Ltd announced that its CEO, Simon Linge, has been appointed as President of the Association for the Battery Recycling Industry (ABRI), the peak body for battery recycling in Australia. This strategic appointment is expected to enhance Livium’s influence in shaping industry standards and policies, promoting sustainable practices, and driving investment in the battery recycling sector. Linge’s leadership at ABRI will align with Livium’s goals of delivering sustainable recycling solutions and supporting the decarbonization of battery-intensive sectors, potentially creating long-term value for the company and its stakeholders.
NoviqTech and Livium have announced a partnership to tokenize the environmental benefits of Livium’s battery recycling operations using NoviqTech’s Carbon Central platform. This collaboration aims to enhance the tracking and verification of carbon reductions and mineral circularity, supporting compliance with global regulations. The initiative positions Livium to align with emerging battery passport standards and regulations, as they plan to expand operations nationally. The use of Hedera’s distributed ledger ensures the credibility and traceability of environmental assets, creating commercial value through trusted environmental disclosures.
NoviqTech and Livium have announced a partnership to tokenize the environmental benefits of Livium’s battery recycling operations using NoviqTech’s Carbon Central platform. This collaboration aims to create a digital framework for tracking carbon reductions and mineral circularity, leveraging Digital Twin technology to enhance transparency and compliance with global regulations. The initiative supports Livium’s expansion plans and positions it to meet evolving standards in battery recycling and sustainability reporting.
Livium has expanded its recycling agreement with BYD Australia, a subsidiary of BYD Company Limited, to include a broader range of battery products such as commercial vehicle batteries and battery energy storage systems. This new agreement, effective from May 2025 for an initial three-year term, positions Livium as a preferred recycling partner and supports its strategy to secure long-term contracts and diversify its battery sources. The collaboration is set to enhance Livium’s industry positioning and potentially extend its services beyond Australia to New Zealand and the Pacific Islands, aiming to strengthen regional environmental outcomes.
Livium Ltd has announced the application for quotation of 410,000,001 securities on the Australian Securities Exchange (ASX), with the securities set to expire on April 28, 2028. This move is part of a previously announced transaction, and the issuance of these securities could potentially enhance Livium Ltd’s market presence and provide additional liquidity for stakeholders.
Livium Ltd has announced the issuance of 410,000,001 options, exercisable at $0.02 and expiring on 28 April 2028, following shareholder approval. These options, under the new class of quoted securities (ASX: LITOC), are expected to commence trading on the ASX from 30 April 2025. This move is part of Livium’s strategy to strengthen its market position and capitalize on the increasing demand for lithium-ion batteries, aligning with its focus on sustainable lithium production and recycling.
Livium Ltd has secured a significant battery recycling agreement with Sell & Parker valued at over A$5.0 million, expected to generate A$3.0 million in revenue over the next year. Additionally, the company has executed a binding agreement with the Australian Renewable Energy Agency for a grant of up to A$30 million to fund the construction and operation of a lithium ferro phosphate demonstration plant. This funding and strategic agreements position Livium to enhance its market presence and operational profitability, with expectations of securing further contracts and expanding its customer base.
Livium has secured a significant recycling agreement with Sell & Parker, valued at over A$5.0 million, marking its largest recycling contract to date. This three-year agreement, expected to generate A$3.0 million in revenue over the next 12 months, will enhance Livium’s market position and profitability without increasing operating costs, as it processes materials containing embedded batteries for Sell & Parker, a longstanding customer.
Livium Ltd, trading on the ASX under the code LIT, has announced a Target Market Determination for options to acquire fully-paid ordinary shares in the company. These options are exercisable at $0.02 and expire three years from the issue date. The options are part of a broader placement strategy to raise approximately $4.5 million. The company aims to offer these options to placement participants and a lead manager, Copeak Pty Ltd, as part of its capital raising efforts. This move is expected to enhance Livium Ltd’s financial positioning and provide opportunities for investors to participate in the company’s growth.
Livium Ltd has announced the application for quotation of 1,928,754 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code LIT. This move is part of previously announced transactions and could potentially enhance the company’s market presence and liquidity, offering stakeholders increased opportunities for investment and growth.
Livium Ltd has issued 11,928,754 ordinary shares following shareholder approval at its General Meeting. This issuance includes 1,928,754 Placement Shares and 10,000,000 Capital Raise Fee Shares, bringing the total number of shares to 1,690,507,119. The issuance was conducted without disclosure under Part 6D.2 of the Corporations Act 2001, and the company has complied with relevant legal provisions. This move is expected to strengthen Livium’s financial position and support its strategic initiatives in the sustainable lithium production industry.
Livium Ltd, through its subsidiary Envirostream, is in advanced discussions to finalize a new recycling agreement with Sell & Parker Pty Ltd, a national metal recycling business. This Proposed Agreement, expected to commence in late April 2025, is anticipated to generate over A$1.0 million in revenue, representing about 15% of Livium’s total recycling revenue for FY24. The agreement aims to enhance Livium’s battery recycling capabilities and diversify its sources, potentially increasing collection volumes significantly for FY25 and the first half of FY26.
Livium Ltd announced that all resolutions proposed at its General Meeting of Shareholders on April 17, 2025, were carried by a poll. This outcome reflects strong shareholder support for the company’s strategic initiatives, including the ratification of previous share issues and approvals for additional placements and options. The successful resolutions are expected to bolster Livium’s financial position and enhance its ability to capitalize on the growing demand for lithium and battery recycling technologies.
Livium Ltd has announced the appointment of Phillip Campbell as a director, effective April 1, 2025. The initial director’s interest notice reveals that Campbell currently holds no securities or interests in the company, indicating a fresh start in his role without any pre-existing financial ties to Livium Ltd.
Livium Ltd has announced increased investor engagement and potential customer interest following a A$30 million grant from the Australian Renewable Energy Agency (ARENA) for its VSPC LFP Demonstration Plant. The company is actively seeking additional funding to close a A$30 million gap for the plant, with plans to commence a front-end engineering and design study. VSPC is expanding its market presence in the USA through a partnership with UMC and is exploring licensing opportunities to penetrate non-core markets. The demonstration plant aims to validate VSPC’s proprietary process and support scale-up to commercial production, with estimated annual revenues of US$319 million.
Livium Ltd has announced that the insurance claim period related to a 2019 fire at its subsidiary Envirostream has ended, with no new claims anticipated. The company has received confirmation that settlement proceedings are advancing between certain claimants and Envirostream’s insurance company, which could lead to the release of a A$7.5 million provision from Livium’s balance sheet. This development is expected to positively impact Livium’s financial position, as previous settlements have already resulted in a reversal of provisions, enhancing the company’s balance sheet and income statement.
Livium Ltd has announced an update regarding its securities issuance, indicating a significant change in its share count. The company has adjusted the number of shares from 185,474,661 to nil, as per the latest amendment to their Appendix 3B. This update reflects a strategic move in their securities management, potentially impacting their market positioning and stakeholder interests.
Livium Ltd’s subsidiary, Envirostream Australia Pty Limited, is advancing its battery recycling operations by securing long-term agreements with major clients like BYD and ZECO Energy, and engaging in discussions for new projects that could significantly increase recycling volumes. The company is diversifying its services to include recycling tolling arrangements and safe storage of new batteries, while also seeking government grants and strategic investments to expand its operational capacity. With a focus on growing end-of-life battery volumes, Envirostream aims to enhance its market position and financial performance, aligning with the expected growth in the lithium-ion battery recycling market, estimated to reach A$122 million by 2030.
Livium Ltd has announced a General Meeting for its shareholders, scheduled for April 17, 2025, in West Perth, Western Australia. The meeting materials are available online, and shareholders are encouraged to participate either in person or by proxy. This announcement underscores Livium’s commitment to maintaining transparent communication with its stakeholders as it continues to focus on sustainable lithium production and battery recycling.
Livium Ltd has successfully completed the repayment of its pre-payment amount to The Lind Partners, totaling A$2.27 million, without issuing new shares. This settlement follows a capital raise of A$4.5 million from institutional and sophisticated investors, enhancing Livium’s financial stability and market positioning.