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Lake Resources N.L.
(OTC:LKE)
Lake Resources N.L. (LKE) vs. S&P 500 (SPY)
Lake Resources N.L. Business Overview & Revenue Model
Lake Resources N.L. Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 21.84M | 43.70M | 9.36M | 0.00 | 0.00 | Gross Profit |
| 21.84M | 43.49M | 9.31M | -337.00 | -881.00 | EBIT |
| -29.16M | -55.03M | -11.97M | -2.89M | -4.45M | EBITDA |
| -29.72M | -45.25M | -4.94M | -2.89M | -4.45M | Net Income Common Stockholders |
| -52.46M | -45.75M | -5.68M | -2.89M | -4.90M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 22.90M | 89.22M | 175.44M | 25.66M | 55.51K | Total Assets |
| 177.63M | 193.42M | 223.89M | 47.92M | 17.71M | Total Debt |
| 2.38M | 1.67M | 277.86K | 0.00 | 0.00 | Net Debt |
| -20.52M | -87.54M | -175.17M | -25.66M | -55.51K | Total Liabilities |
| 23.06M | 17.09M | 5.05M | 1.05M | 664.13K | Stockholders Equity |
| 153.15M | 171.25M | 218.83M | 46.87M | 17.05M |
| Cash Flow | Free Cash Flow | |||
| -79.72M | -95.49M | -32.89M | -7.23M | -7.17M | Operating Cash Flow |
| -39.80M | -27.73M | -8.68M | -2.43M | -2.95M | Investing Cash Flow |
| -18.00M | -24.06M | -25.37M | -4.80M | -4.22M | Financing Cash Flow |
| 14.03M | 1.77M | 183.83M | 32.83M | 5.50M |
Lake Resources N.L. Technical Analysis
Lake Resources N.L. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
52 Neutral | $207.78M | ― | -17.81% | ― | 87.89% | -344.44% | |
51 Neutral | AU$54.66M | ― | -19.25% | ― | ― | 65.04% | |
51 Neutral | $4.04B | 50.78 | -33.95% | 4.54% | 2.22% | -411.10% | |
49 Neutral | $1.96B | -1.17 | -21.28% | 3.71% | 1.14% | -30.35% | |
46 Neutral | $4.73B | 23.42 | -1.04% | ― | -65.07% | -102.37% |
Lake Resources N.L. Corporate Events
Lake Resources N.L. has announced the formation of a Special Committee to explore strategic alternatives for maximizing stakeholder value, driven by the belief that the Kachi project’s market value is undervalued. Despite current low lithium prices, the company remains optimistic about long-term demand growth and aims to address valuation discrepancies through potential sales, mergers, or partnerships.
Lake Resources N.L. announced the issuance of 22,084,586 performance stock units as part of an employee incentive scheme. This move reflects the company’s strategy to incentivize its workforce, potentially enhancing productivity and aligning employee interests with company growth, which could strengthen its position in the competitive lithium market.
Lake Resources N.L. announced the issuance of 22,084,586 restricted stock units as part of an employee incentive scheme. This move is part of the company’s strategy to incentivize and retain talent, which is crucial for advancing its lithium projects and maintaining its competitive position in the rapidly growing lithium market.
Lake Resources N.L. announced the cessation of 2,256,293 securities due to the expiry of options or other convertible securities without exercise or conversion. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and future growth potential.
Lake Resources N.L. reported a decrease in cash and cash equivalents by $7.558 million for the quarter ending March 31, 2025. The company’s cash flow was negatively impacted by operating activities, which saw significant outflows due to administration and corporate costs, and investing activities, which included payments for exploration and evaluation. Despite these challenges, the company managed to generate some cash from financing activities and investments, indicating ongoing efforts to manage its financial position amid industry demands.
Lake Resources N.L. has announced the application for quotation of 56,000,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of previously announced transactions. This move is likely to enhance the company’s capital base, potentially strengthening its position in the lithium market and offering new opportunities for stakeholders.
Lake Resources N.L. has issued 56,000,000 fully paid ordinary shares to Acuity Capital Investment Management Pty Ltd at a price of 4.00 cents per share under its At-the-Market Subscription Agreement. This move is part of the company’s strategy to raise capital without disclosure to investors, ensuring compliance with relevant sections of the Corporations Act 2001. The issuance of new shares is expected to support the company’s financial position and operational capabilities, potentially impacting its market presence and stakeholder interests.
Lake Resources N.L. announced a proposed issue of 56,000,000 ordinary fully paid securities, scheduled for April 14, 2025. This strategic move is expected to enhance the company’s capital structure, potentially strengthening its market position and providing additional resources to advance its lithium projects, which are vital for the growing demand in the electric vehicle and renewable energy sectors.
Lake Resources N.L. has successfully raised $2.25 million through its At-the-Market Subscription Agreement with Acuity Capital by issuing 56 million fully paid ordinary shares at a premium price of 4.0 cents per share. The funds will be used to strengthen the company’s balance sheet, support its strategic priorities for the Kachi project, and provide working capital, highlighting the company’s ongoing commitment to advancing its operations and maintaining a strong market position.
Lake Resources N.L. has released an investor presentation outlining the current status and future potential of its lithium projects, particularly the Kachi project. The presentation includes information derived from previous feasibility studies and resource updates, emphasizing the company’s commitment to advancing its lithium extraction capabilities. However, the company cautions that the information is based on exploration targets and forward-looking statements, which are subject to uncertainties and should not be relied upon without professional advice.
Lake Resources N.L. has released its half-year financial statements for the six months ending December 31, 2024. The report includes key financial documents such as the consolidated statement of profit or loss, financial position, changes in equity, and cash flows. This release provides stakeholders with insights into the company’s financial health and operational performance over the specified period.
Lake Resources N.L. announced the cessation of certain securities, specifically the lapse of seven performance shares due to unmet conditions. This development may affect the company’s capital structure and could have implications for its stakeholders, as it reflects on the company’s operational and strategic adjustments in the competitive lithium market.
Lake Resources N.L. announced the cessation of 2,000,000 securities due to the expiry of options without exercise or conversion, effective February 6, 2025. This cessation reflects a routine adjustment in the company’s issued capital, which may impact its financial structure and investor relations as it continues to focus on its lithium projects.
Lake Resources N.L. announced the cessation of 2,056,250 securities due to the expiry of options or other convertible securities without exercise or conversion as of February 6, 2025. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s financial strategy and market positioning.