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Leo Lithium Ltd.
(Sydney:LLL)
Leo Lithium Ltd. (LLL) vs. S&P 500 (SPY)
Leo Lithium Ltd. Business Overview & Revenue Model
Leo Lithium Ltd. Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 77.68M | 26.00K | 0.00 | Gross Profit |
| 0.00 | -209.00K | 77.68M | 26.00K | 0.00 | EBIT |
| -21.45M | -10.98M | 66.59M | -480.00 | -1.16K | EBITDA |
| -21.16M | -8.65M | 66.59M | -480.00 | -1.16K | Net Income Common Stockholders |
| 397.62M | -1.69M | 66.28M | 25.34K | -921.00 |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 269.31M | 33.56M | 70.83M | 84.65M | 24.43K | Total Assets |
| 587.33M | 187.57M | 184.76M | 184.54M | 24.43K | Total Debt |
| 1.13M | 1.35M | 0.00 | 0.00 | 26.23K | Net Debt |
| -268.17M | -32.21M | -70.83M | -84.65M | 1.80K | Total Liabilities |
| 12.06M | 3.45M | 1.59M | 0.00 | 26.29K | Stockholders Equity |
| 575.27M | 184.12M | 183.17M | 184.54M | -1.85K |
| Cash Flow | Free Cash Flow | |||
| -86.28M | -5.50M | -8.43M | ― | -88.00 | Operating Cash Flow |
| -86.28M | -5.41M | -8.39M | ― | -88.00 | Investing Cash Flow |
| 321.73M | -31.92M | -6.65M | 0.00 | 0.00 | Financing Cash Flow |
| -110.00K | 0.00 | 86.40M | 0.00 | 26.94K |
Leo Lithium Ltd. Peers Comparison
Leo Lithium Ltd. Corporate Events
Leo Lithium Limited has announced its 2025 Annual General Meeting, scheduled for May 28, 2025, in West Perth, WA. The agenda includes reviewing financial statements, appointing BDO Audit Pty Ltd as the new auditor, re-electing Mr. Brendan Borg as a director, granting performance rights to Executive Chairman Mr. Simon Hay, and adopting the remuneration report. These resolutions, particularly the appointment of a new auditor and the granting of performance rights, could impact the company’s governance and executive incentives, potentially influencing its strategic direction and stakeholder engagement.
Leo Lithium Ltd. has announced its upcoming Annual General Meeting scheduled for May 28, 2025, at The Park Business Centre in West Perth, WA. Shareholders are encouraged to participate and vote on various resolutions, including the appointment of an auditor, election of a director, and remuneration matters. The Chairman intends to vote in favor of all resolutions except for one, where he plans to vote against.
Leo Lithium Limited’s quarterly cash flow report for the period ending March 31, 2025, reveals a net cash outflow from operating activities amounting to $3.271 million, primarily due to staff and administrative costs. The company also reported a net cash outflow from investing and financing activities, resulting in a significant decrease in cash and cash equivalents by $207.167 million. This financial performance may impact the company’s liquidity and its ability to fund future projects, potentially affecting its market positioning and stakeholder confidence.
Leo Lithium Ltd. announced its strategic focus for 2025, following the divestment of the Goulamina Lithium Project, which includes acquiring new assets and seeking re-quotation on the ASX. The company completed a capital return to shareholders and is actively pursuing acquisition opportunities that align with its corporate strategy. The current lithium market conditions are favorable for acquisitions, with asset prices at cyclical lows, and Leo Lithium is conducting detailed reviews of potential targets. If no significant progress is made by Q3 2025, the company plans to return funds to shareholders in H2 2025.
Leo Lithium Limited has announced a change in its external auditor from PricewaterhouseCoopers to BDO Audit Pty Ltd, effective after the 2025 Annual General Meeting. This decision follows the completion of the Goulamina sale and a strategic review, aiming to align the auditor with the company’s current operational scale and objectives.
Leo Lithium Limited has announced that its Annual General Meeting (AGM) will be held on 28 May 2025, with the election of Directors as a key agenda item. The deadline for director nominations is set for 4 April 2025, and shareholders will receive further details in a separate notice. This announcement indicates the company’s ongoing governance processes and engagement with shareholders.
Leo Lithium Ltd. has announced the quotation of 441,078 fully paid ordinary securities on the ASX, effective from February 25, 2025. This move is part of the company’s efforts to enhance its capital structure and potentially improve its market positioning, reflecting its strategic initiatives to support growth and investor engagement.
Leo Lithium Ltd. has released its corporate governance statement for the financial year ending December 31, 2024, which is available on their website. The statement confirms the company’s adherence to the ASX Corporate Governance Council’s recommendations, highlighting their commitment to transparency and accountability. This announcement is significant as it reinforces Leo Lithium’s dedication to maintaining high governance standards, which is crucial for investor confidence and the company’s reputation in the competitive lithium market.
Leo Lithium Ltd. has released its Corporate Governance Statement, highlighting its adherence to the ASX Corporate Governance Council’s recommendations. The company has implemented a Board Charter and policies for director appointments, but due to recent operational changes, it has not set measurable objectives for gender diversity. These changes include disposing of its main undertaking and reducing its workforce, with plans to acquire a new asset, impacting its ability to establish diversity targets.
Leo Lithium Ltd.’s 2024 Annual Report outlines the company’s financial performance and strategic initiatives. The report highlights the company’s efforts to strengthen its market position in the lithium industry, which is crucial for the burgeoning electric vehicle sector. The financial statements indicate a focus on sustainable growth and operational efficiency, which are expected to enhance shareholder value and support future expansion plans.
Leo Lithium Limited announced the departure of its Chief Financial Officer and Company Secretary, Mr. Ron Chamberlain, effective 28 February 2025, as the company transitions to potentially acquire a new asset. The CFO role will not be immediately filled, reflecting the company’s strategic focus on asset acquisition. Mr. John Sanders, with extensive experience in corporate law and governance, has been appointed as the new Company Secretary.
Leo Lithium Ltd. announced the issuance of 3,153,486 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to align employee interests with corporate goals, potentially enhancing operational performance and shareholder value.
Leo Lithium Limited has announced that the Australian Taxation Office has released a Class Ruling regarding its recent return of capital and special dividend. The ruling clarifies tax implications for shareholders, specifying that Australian residents must include the special dividend in their taxable income, while non-residents are exempt from such obligations. This announcement may have significant implications for Leo Lithium’s financial operations and shareholder engagement.