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PhosCo Ltd
(Sydney:PHO)
PhosCo Ltd (PHO) vs. iShares MSCI Australia ETF (EWA)
PhosCo Ltd Business Overview & Revenue Model
PhosCo Ltd Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | ― |
| Gross Profit | -34.35K | -12.33K | -8.61K | -9.50K | ― |
| EBITDA | -2.82M | -1.53M | -8.47M | -1.66M | -1.13M |
| Net Income | -6.90M | -1.74M | -6.37M | -1.30M | -1.13M |
Balance Sheet | |||||
| Total Assets | 4.38M | 784.67K | 1.43M | 6.19M | 671.70K |
| Cash, Cash Equivalents and Short-Term Investments | 3.46M | 548.15K | 1.19M | 1.81M | 575.02K |
| Total Debt | 4.11M | 6.52M | 3.85M | 5.53M | 0.00 |
| Total Liabilities | 9.90M | 9.45M | 8.22M | 7.55M | 621.25K |
| Stockholders Equity | 1.24M | -2.37M | -839.87K | 2.22M | 50.44K |
Cash Flow | |||||
| Free Cash Flow | -2.28M | -1.54M | -3.48M | -2.00M | -983.88K |
| Operating Cash Flow | -1.92M | -1.49M | -3.47M | -1.56M | -983.88K |
| Investing Cash Flow | -781.04K | -54.17K | -7.02K | -439.95K | 0.00 |
| Financing Cash Flow | 5.51M | 903.50K | 2.89M | 3.26M | 0.00 |
PhosCo Ltd Technical Analysis
PhosCo Ltd 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% | |
47 Neutral | AU$65.18M | -22.86 | -353.96% | ― | ― | ― | |
45 Neutral | AU$34.07M | -6.25 | -32.52% | ― | ― | ― | |
44 Neutral | AU$28.10M | -0.51 | -87.86% | ― | ― | -727.17% | |
42 Neutral | AU$11.52M | -6.00 | ― | ― | ― | 93.44% | |
41 Neutral | AU$55.08M | -4.91 | ― | ― | ― | -268.97% | |
40 Underperform | AU$25.60M | ― | ― | ― | ― | ― |
PhosCo Ltd Corporate Events
PhosCo Ltd has notified the market of the issue of 10,000,000 unlisted options as unquoted equity securities, effective 26 February 2026. The options form part of a previously flagged transaction and are not intended to be quoted on the ASX, signaling the company’s ongoing use of structured, off-market equity incentives or financing arrangements that can influence future dilution and capital management.
The most recent analyst rating on (AU:PHO) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on PhosCo Ltd stock, see the AU:PHO Stock Forecast page.
PhosCo Ltd has issued 41,666,667 fully paid ordinary shares at $0.12 each to sophisticated and professional investors under a placement announced earlier in February 2026. The company has lodged the necessary documentation and confirmed its compliance with Australian corporate reporting and disclosure obligations, indicating there is no excluded information that would affect the new share issue or existing shareholders.
The most recent analyst rating on (AU:PHO) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on PhosCo Ltd stock, see the AU:PHO Stock Forecast page.
PhosCo Ltd has issued an investor update outlining its progress in advancing the Gasaat Phosphate Project and reaffirming previously released exploration data and scoping study results for its Chaketma project. The company emphasizes that the underlying assumptions and technical parameters supporting the scoping study’s strong economic outcomes remain unchanged, and that no new material information has emerged to alter prior resource statements, signalling continuity and stability in its development plans for stakeholders.
The most recent analyst rating on (AU:PHO) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on PhosCo Ltd stock, see the AU:PHO Stock Forecast page.
PhosCo has reported final assay results from a 10-hole drill program at the KM prospect within its wholly owned Gasaat Phosphate Project in Tunisia, confirming broad zones of thick, high-grade phosphate mineralisation with low anticipated stripping ratios close to the proposed processing plant. The strong results, together with imminent trenching assays at KM and a maiden resource estimate at the nearby SAB prospect, are expected to underpin maiden Mineral Resource estimates for both prospects this quarter and feed into an optimised scoping study, with ongoing metallurgical and infrastructure work positioning Gasaat as a potentially more robust, high-margin phosphate project amid rising strategic importance of phosphate in global food security.
The most recent analyst rating on (AU:PHO) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on PhosCo Ltd stock, see the AU:PHO Stock Forecast page.
PhosCo has reported rapid progress at its Gasaat Phosphate Project, which already hosts a substantial JORC resource of 146.4Mt at 20.6% P2O5 and is being expanded through maiden resource calculations for the KM and SAB deposits. Strong drilling results from KM and SAB, combined with their favourable strip ratios and proximity to the proposed plant site, are expected to enhance project economics and feed into an updated Scoping Study targeted for completion in the second quarter of 2026, ahead of a planned feasibility study start later this year. The company’s advancement is underpinned by a €1m grant from the European Bank for Reconstruction and Development to optimise the Scoping Study and by additional funding from the Managing Director’s early exercise of options, while broader market dynamics — including phosphate’s addition to the US Critical Minerals List and tightening Chinese export policies — position Gasaat to benefit from structural supply constraints and policy support for secure fertiliser supply chains.
The most recent analyst rating on (AU:PHO) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on PhosCo Ltd stock, see the AU:PHO Stock Forecast page.
PhosCo Ltd has applied for quotation on the ASX of 2,649,052 new fully paid ordinary shares under ticker code PHO. The additional securities, issued on 23 December 2025 following the exercise or conversion of existing instruments, will expand the company’s quoted share capital and marginally increase its free float, with associated implications for existing shareholders’ dilution and trading liquidity.
PhosCo Ltd has notified the market that it will issue 90 million unquoted options (ASX code PHOAA) exercisable at A$0.05 and expiring on 31 January 2028. The issuance of these unquoted equity securities, previously flagged to the market, increases the company’s pool of potential future share capital and may provide additional incentive or funding flexibility for stakeholders without immediately diluting existing quoted shares.
PhosCo Ltd has reported the results of its 19 December 2025 general meeting, where shareholders voted on resolutions relating to the company’s capital structure. The meeting saw overwhelming support for both the ratification of previously issued first tranche options and the approval to issue a second tranche of options, with each resolution receiving approximately 99.95% of votes in favour on the poll, reinforcing shareholder backing for the company’s current financing and incentive arrangements.
PhosCo Ltd announced significant progress in resource growth drilling at the SAB prospect within its Gasaat Phosphate Project in Tunisia. The completion of a six-hole drilling program, with promising intercepts of phosphate, is expected to contribute to a maiden resource estimate in early 2026. Alongside the KM prospect, these developments aim to enhance the project’s economic feasibility, support early-stage production, and strengthen PhosCo’s strategic position in meeting the growing demand for phosphate in resilient agricultural supply chains.
PhosCo Ltd announced a change in the director’s interest, specifically for Tarecq Elias Aldaoud, who is a director and beneficiary of Smongo Pty Ltd and Aldaoud Pty Ltd. The change involved the acquisition of 3,262,874 fully paid ordinary shares and the exercise of 5,000,000 performance rights, resulting in a total holding of 94,881,347 fully paid ordinary shares. This adjustment was made through the issue of shares in lieu of annual salary and the exercise of vested performance rights, as approved by shareholders at the company’s recent Annual General Meeting. This move reflects the company’s strategic approach to aligning director incentives with shareholder interests, potentially impacting stakeholder perceptions and the company’s market positioning.
PhosCo Ltd has issued a total of 19,446,766 fully paid ordinary shares as part of its financial operations. These shares were distributed in various ways, including in lieu of services and salaries, as well as through the exercise of performance rights under the company’s Employee Incentive Plan. This move reflects PhosCo’s strategic approach to managing its financial resources and compensating its stakeholders, potentially impacting its market positioning and operational dynamics.
PhosCo Ltd has announced the issuance of 2,245,195 ordinary fully paid shares on December 2, 2025. These shares are issued in lieu of cash for services by suppliers and to a former Director, Mr. Simon Eley, for directors’ fees, reflecting a strategic move to manage cash flow and stakeholder relations.