PhosCo Ltd (AU:PHO)
ASX:PHO
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PhosCo Ltd
(Sydney:PHO)
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Rating:41Neutral
Price Target:
AU$0.14
▼(-8.00% Downside)
Action:ReiteratedDate:03/27/26
The score is held down primarily by very weak financial performance (no revenue, widening losses, persistent cash burn, and high leverage/financing risk). Technical indicators add a modestly negative tilt (below key moving averages and negative MACD), while valuation provides limited support due to negative earnings and no dividend yield data.
Positive Factors
Balance-sheet improvement
Returning to positive equity and materially higher total assets in 2025 is a durable improvement versus prior years. It reduces immediate insolvency risk and modestly strengthens borrowing or fundraising capacity, providing a clearer bridge to commercial traction if losses are contained.
Negative Factors
No revenue
Zero reported revenue across the periods is a fundamental weakness: the business has not reached commercial product-market fit or scale. Persistent reliance on external funding to cover operating losses undermines sustainability and raises execution risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet improvement
Returning to positive equity and materially higher total assets in 2025 is a durable improvement versus prior years. It reduces immediate insolvency risk and modestly strengthens borrowing or fundraising capacity, providing a clearer bridge to commercial traction if losses are contained.
Read all positive factors
PhosCo Ltd (PHO) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$76.07M
Dividend YieldN/A
Average Volume (3M)168.09K
Price to Earnings (P/E)―
Beta (1Y)0.56
Revenue GrowthN/A
EPS Growth-268.97%
CountryAU
Employees9
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding524,610,840
10 Day Avg. Volume177,876
30 Day Avg. Volume168,086
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)15.52
Price to Sales (P/S)0.00
P/FCF Ratio-8.44
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PhosCo Ltd Business Overview & Revenue Model
Company Description
PhosCo Ltd, together with its subsidiaries, engages in the exploration and development of resource projects in Tunisia, North Africa. The company explores for zinc, lead, and phosphate deposits. It holds a 51% interest in the Chaketma Project that...
PhosCo Ltd Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
15
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ― |
| Gross Profit | -60.78K | -34.35K | -12.33K | -8.61K | -9.50K | ― |
| EBITDA | -4.07M | -2.82M | -1.53M | -8.47M | -1.66M | -1.13M |
| Net Income | -61.22K | -6.90M | -1.74M | -6.37M | -1.30M | -1.13M |
Balance Sheet | ||||||
| Total Assets | 5.92M | 4.38M | 784.67K | 1.43M | 6.19M | 671.70K |
| Cash, Cash Equivalents and Short-Term Investments | 2.26M | 3.46M | 548.15K | 1.19M | 1.81M | 575.02K |
| Total Debt | 4.03M | 4.11M | 6.52M | 3.85M | 5.53M | 0.00 |
| Total Liabilities | 9.60M | 9.90M | 9.45M | 8.22M | 7.55M | 621.25K |
| Stockholders Equity | 3.09M | 1.24M | -2.37M | -839.87K | 2.22M | 50.44K |
Cash Flow | ||||||
| Free Cash Flow | -3.90M | -2.28M | -1.54M | -3.48M | -2.00M | -983.88K |
| Operating Cash Flow | -3.54M | -1.92M | -1.49M | -3.47M | -1.56M | -983.88K |
| Investing Cash Flow | -1.51M | -781.04K | -54.17K | -7.02K | -439.95K | 0.00 |
| Financing Cash Flow | 4.99M | 5.51M | 903.50K | 2.89M | 3.26M | 0.00 |
PhosCo Ltd Technical Analysis
Positive
0.15
Price Trends
0.13
Positive
0.13
Positive
0.10
Positive
Market Momentum
<0.01
Negative
57.62
Neutral
91.80
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PHO, the sentiment is Positive. The current price of 0.15 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.13, and above the 200-day MA of 0.10, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.62 is Neutral, neither overbought nor oversold. The STOCH value of 91.80 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PHO.
PhosCo Ltd Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
45 Neutral | AU$29.81M | -3.48 | -9.90% | ― | ― | ― | |
44 Neutral | AU$107.96M | -6.39 | -97.96% | ― | ― | ― | |
44 Neutral | AU$28.10M | -7.00 | -8.97% | ― | ― | -727.17% | |
44 Neutral | AU$12.35M | -4.17 | 110.58% | ― | ― | 93.44% | |
41 Neutral | AU$76.07M | -7.36 | -2.83% | ― | ― | -268.97% | |
40 Underperform | AU$25.60M | ― | -227.69% | ― | ― | ― |
* Basic Materials Sector Average
AU:PHO
PhosCo Ltd
0.15
0.08
141.67%
AU:CXU
Cauldron Energy
0.05
0.04
430.00%
AU:AEV
Avenira Limited
0.01
0.00
0.00%
AU:MRC
Mineral Commodities Ltd
0.03
0.00
0.00%
AU:AMN
Agrimin Limited
0.07
0.01
25.86%
AU:RWD
Reward Minerals Limited
0.05
-0.02
-26.23%
PhosCo Ltd Corporate Events
PhosCo Extends Shallow Phosphate Hits at Gasaat’s KM Prospect in Tunisia
Apr 7, 2026
PhosCo has reported further strong drilling results from the KM prospect at its Gasaat Phosphate Project in Tunisia, with three recent holes intersecting thick, shallow phosphate zones verified by portable XRF. These intercepts, together with earl...
PhosCo Confirms Large-Scale Phosphate Discovery at Gasaat’s DOH Prospect in Tunisia
Mar 25, 2026
PhosCo has reported new drilling results from the DOH prospect within its wholly owned Gasaat Phosphate Project in Tunisia, confirming a significant new area of phosphate mineralisation. Eight widely spaced drill holes intersected a phosphate hori...
PhosCo Releases Interim Financial Report for Half-Year to 31 December 2025
Mar 16, 2026
PhosCo Ltd has released its interim financial report for the half-year ended 31 December 2025, providing shareholders and regulators with updated financial statements and directors’ commentary. The document outlines profit and loss, balance ...
PhosCo Issues 10 Million Unlisted Options in Capital Management Move
Feb 26, 2026
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, signa...
PhosCo Confirms Compliance Following New Share Placement
Feb 26, 2026
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 compli...
PhosCo Reaffirms Strong Economics as Gasaat Phosphate Project Advances
Jan 29, 2026
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 unde...
PhosCo’s High-Grade KM Results Set Up Maiden Resource at Tunisian Phosphate Project
Jan 27, 2026
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 strippin...
PhosCo Accelerates Tunisian Phosphate Project as Market Tightens and EBRD Steps In
Jan 20, 2026
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 re...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.