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Provaris Energy Ltd
(Sydney:PV1)
Provaris Energy Ltd (PV1) vs. iShares MSCI Australia ETF (EWA)
Provaris Energy Ltd Business Overview & Revenue Model
Provaris Energy Ltd Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 684.99K | 684.99K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -20.85K | 684.99K | -2.31M | -208.27K | -415.86K | -478.51K |
| EBITDA | -4.33M | -1.67M | -6.47M | -7.61M | -6.39M | -2.85M |
| Net Income | -4.61M | -2.52M | -6.13M | -12.41M | -6.76M | -3.09M |
Balance Sheet | ||||||
| Total Assets | 1.47M | 735.96K | 1.23M | 5.23M | 17.35M | 12.47M |
| Cash, Cash Equivalents and Short-Term Investments | 732.74K | 550.05K | 953.13K | 5.07M | 11.62M | 6.56M |
| Total Debt | 191.25K | 198.20K | 286.80K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 791.68K | 792.81K | 998.73K | 896.94K | 832.98K | 219.44K |
| Stockholders Equity | 676.48K | -56.84K | 228.56K | 4.33M | 16.51M | 12.25M |
Cash Flow | ||||||
| Free Cash Flow | -4.56M | -2.38M | -6.35M | -6.56M | -4.81M | -2.56M |
| Operating Cash Flow | -4.15M | -2.38M | -6.35M | -6.56M | -4.81M | -2.56M |
| Investing Cash Flow | -319.17K | -10.02K | -209.20K | 6.54M | 0.00 | 3.50K |
| Financing Cash Flow | 618.70K | 1.98M | 2.21M | 10.00 | 9.82M | 6.02M |
Provaris Energy Ltd Technical Analysis
Provaris Energy Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
51 Neutral | AU$4.11M | -2.50 | -9.49% | ― | -16.79% | -205.26% | |
49 Neutral | AU$9.36M | -5.88 | -4.05% | ― | 12.37% | 66.67% | |
46 Neutral | AU$7.23M | -0.75 | -16.03% | ― | -47.23% | -2.78% | |
44 Neutral | AU$5.56M | 1.32 | ― | ― | ― | ― | |
41 Neutral | AU$8.99M | -1.51 | -2835.53% | ― | ― | 65.74% |
Provaris Energy Ltd Corporate Events
Provaris Energy has issued 1.6 million fully paid ordinary shares at no cost to an employee under its Employee Share Plan, which was approved by shareholders at the November 2025 annual general meeting. The company has confirmed that the shares were issued without a prospectus in reliance on Australian Corporations Act provisions and that it remains compliant with its continuous disclosure and financial reporting obligations, signalling routine capital management with no undisclosed price-sensitive information for investors.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy Ltd has applied for quotation on the ASX of 1,600,000 ordinary fully paid shares under its employee incentive scheme, with an issue date of March 6, 2026. The move modestly increases the company’s quoted capital base and reflects ongoing use of equity-based remuneration to retain and incentivise staff, a common practice among listed energy companies seeking to align employees with shareholder interests.
The newly quoted securities are not subject to transfer restrictions, which may support liquidity in the company’s stock once the shares are admitted to trading. While the size of the issuance is relatively small, it underscores Provaris Energy’s continued reliance on capital markets infrastructure and incentive structures typical of ASX-listed issuers.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy has issued an investor presentation summarising its recent operational and financial performance, alongside its strategic positioning in low-carbon infrastructure. The document is framed as informational only, emphasising that it is not an offer of securities and that investors must rely on their own analysis rather than treating the material as investment advice.
The release underscores that the presentation draws on previously lodged half-year results and ongoing ASX disclosures, and that some information is based on non-IFRS measures that may not be directly comparable to peers. It also stresses legal and jurisdictional limits on distribution, particularly in the United States and other markets, highlighting the company’s caution around regulatory compliance and the inherent uncertainties in its projections and assumptions.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy Ltd has notified the ASX of a proposed issue of up to 132,500,000 new fully paid ordinary shares and 44,166,667 unlisted options as part of a placement or similar capital-raising initiative. The new securities are scheduled for issue on 11 March 2026, indicating a significant equity-raising move that may strengthen the company’s funding base but also dilute existing shareholders as it advances its hydrogen infrastructure strategy.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy has raised A$1.325 million through an oversubscribed placement of new shares to institutional, sophisticated and professional investors, issuing 132.5 million shares at A$0.01 with free-attaching options. The fresh capital will be used to advance its 2026 work program, including development and class approval of a proprietary hydrogen prototype tank in Norway, liquid CO₂ tank projects with partner Yinson, and general corporate and business development costs.
The funding reinforces investor confidence in Provaris’ strategy to build capital‑efficient, scalable maritime storage and transport solutions for hydrogen and CO₂, aligned with Europe’s push for cost‑effective low‑carbon supply chains. With Yinson continuing to fund front-end engineering and class approval for the LCO₂ tank program under existing arrangements, Provaris can preserve resources while maintaining momentum across its hydrogen and carbon dioxide portfolios and positioning itself within emerging clean energy logistics markets.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy Ltd has reported a change in director David Palmer’s interests following the expiry of a tranche of his unlisted options. Palmer’s 625,000 unlisted options (PV1AC) lapsed on 1 March 2026 without consideration, leaving his holdings unchanged in fully paid ordinary shares and performance rights but reducing his total unlisted options.
The update, lodged under ASX listing rule 3.19A.2, confirms Palmer now holds 7,245,455 fully paid ordinary shares, 166,666 remaining unlisted options (PV1AP), and 3,000,000 performance rights. The company noted there were no related trades during a closed period and no changes to any contracts linked to the director’s interests, framing the event as a routine expiry rather than an active disposal.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy Ltd has disclosed a change in director Andrew Pickering’s interest, following the expiry of 375,000 unlisted options (PV1AC) on 1 March 2026. Pickering now holds 6,895,455 fully paid ordinary shares, 166,666 remaining unlisted options (PV1AP) and 3,000,000 performance rights, with no trades occurring during a closed period.
The adjustment reflects a routine lapse of options rather than an on-market transaction, suggesting no immediate shift in Pickering’s investment stance toward the company. However, the expiry modestly reduces his leveraged exposure to future share price upside while leaving his substantial shareholding and performance rights unchanged, maintaining close alignment with shareholder interests.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy has disclosed a change in the interests of director Martin Carolan, who holds securities both directly and through associated entities Marjack Holdings and Full Circle Strategy. The notice details an adjustment in his mix of ordinary shares, unlisted options, and performance rights, clarifying his ongoing equity exposure.
The change arises from the expiry of 625,000 unlisted options, reducing Carolan’s option holdings while leaving his 30 million fully paid ordinary shares and performance rights unchanged. This routine administrative update provides transparency to investors on director alignment and does not stem from on-market trading or new contractual arrangements.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy Ltd has disclosed a change in the indirect interests of director Gregory Martin, whose holdings are managed through Jamoca Pty Ltd as trustee for The Martin Family Trust. The update shows the expiry and resulting disposal of 1,250,000 unlisted options, leaving Martin with 9,552,364 fully paid ordinary shares, 333,333 remaining unlisted options, and 3,000,000 performance rights.
The change reflects an options expiry rather than an on-market transaction or new acquisition, indicating no cash consideration was involved. The company confirmed that the transactions did not occur during a closed trading period, suggesting routine governance-related updates to the director’s equity position rather than a shift in strategic direction or market-sensitive activity.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy has requested an immediate trading halt in its shares on the ASX, with the pause to remain in place until Thursday, 5 March 2026, or until it issues an announcement on a planned capital raising. The company said it is seeking the halt to manage an orderly market while it finalises the terms and outcome of the proposed fundraising, and indicated it is unaware of any reason the request should be refused or of any additional information required by investors.
ASX Compliance confirmed that trading in Provaris Energy securities will be suspended in line with the company’s request, pending the forthcoming capital-raising announcement. The move signals that Provaris is preparing to bolster its finances, a step that could support its clean energy initiatives but may also have implications for existing shareholders depending on the structure and pricing of the capital raising.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy Ltd has announced the cessation of 23,750,000 listed options with the ASX code PV1AC, which expired on 1 March 2026 without being exercised or converted. The expiry reduces the company’s pool of outstanding convertible securities, simplifying its capital structure and potentially affecting future dilution dynamics for existing shareholders.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy Ltd reported a net loss attributable to members of $2.09 million for the half-year ended 31 December 2025, a 59% increase in losses compared with the prior corresponding period, while revenue from ordinary activities remained at zero. The company’s net tangible assets per security fell to $0.07 from $0.14, no dividends were declared or paid, there were no changes in controlled entities or involvement in associates or joint ventures, and the half-year financial statements were reviewed by the company’s auditors.
The directors have confirmed that no interim or final dividend will be proposed for the half-year, and the company does not operate a dividend reinvestment plan. Investors are directed to the accompanying directors’ report and the most recent annual report for further commentary on the operating results and financial position underpinning these figures.
The most recent analyst rating on (AU:PV1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy has, together with partner Yinson Production, completed Phase 1 of front-end engineering and design for its proprietary 25,000 cubic metre low-pressure LCO₂ tank on time and on budget, and has been cleared to proceed with Phase 2 under a Joint Development Agreement scheduled to run through June 2026. The Phase 2 work will finalise detailed engineering, structural modelling, materials testing and automated fabrication processes, support integration of the tank into Yinson’s planned 100,000 cubic metre FSIU for the Havstjerne CCS project, and advance class approval with DNV, positioning Provaris to offer higher-capacity, lower-cost LCO₂ storage and transport solutions that could materially reduce capital and operating costs across future CO₂ supply chains.
The most recent analyst rating on (AU:PV1) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy, together with its LCO₂ tank development partner Yinson Production, has signed a Memorandum of Understanding with China’s Himile Heavy Equipment to assess the feasibility, cost and schedule for fabricating proprietary large-scale LCO₂ tanks at Himile’s Rushan manufacturing facility. The collaboration leverages Himile’s extensive experience in pressure vessels and complex offshore modules to design a robotic, laser-welding–based production line and to define facility upgrades, fabrication costs, logistics and delivery timelines, all in parallel with Provaris’ ongoing FEED and class approval work with DNV. By advancing scalable and cost-effective production of larger LCO₂ tanks for Floating Storage and Injection Units, the agreement underpins Yinson’s CCS-focused FSIU projects and positions Provaris to capture growth in maritime and offshore CO₂ transport and storage markets, with key technical and regulatory milestones targeted through mid-2026.
The most recent analyst rating on (AU:PV1) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy’s December 2025 quarter saw meaningful progress across its hydrogen and LCO2 shipping programs, highlighted by a deepening strategic partnership with Japanese shipping major “K” Line, the extension of Nordic hydrogen collaboration agreements, and advancement of its Norwegian Robotics and Innovation Centre. “K” Line executives visited Provaris’ Norwegian facilities as both parties refined commercial models, financing and ownership structures for H2Neo compressed hydrogen carriers, while extended agreements with Norwegian Hydrogen and Uniper support ongoing work on the FjordH2 export project and emerging offtake frameworks in Germany and Northern Europe. The company resumed fabrication of its hydrogen prototype tank in Fiskå, a key step towards marine class approvals and full technical readiness for compressed hydrogen shipping by 2026, and it maintained schedule on front-end engineering and design for a 25,000 cbm low-pressure LCO2 tank for Yinson’s Havstjerne CCS project, alongside joint venture structuring and discussions with Asian fabricators and LCO2 carrier owners, reinforcing Provaris’ positioning as a technology enabler for next-generation energy shipping and storage solutions.
The most recent analyst rating on (AU:PV1) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy has appointed Stantons International Audit and Consulting Pty Ltd as its new auditor, effective 14 January 2026, following approval from the Australian Securities & Investment Commission and the receipt of a consent to act from Stantons and a resignation letter from outgoing auditor Ernst & Young. The board initiated the review of external audit services to secure more market-competitive fees while retaining a high level of audit expertise, with shareholders set to vote on ratifying the appointment at the 2026 annual general meeting, signalling a cost-conscious but continuity-focused shift in the company’s governance arrangements.
The most recent analyst rating on (AU:PV1) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy has issued 29,230,769 new fully paid ordinary shares to institutional, sophisticated and professional investors at A$0.013 per share under a placement announced on 18 December 2025, and has notified the ASX that these shares were issued without a prospectus under the Corporations Act’s cleansing provisions. The company confirmed it is compliant with its continuous disclosure and reporting obligations and stated there is no excluded information required to be disclosed, a step that facilitates secondary trading of the new shares and underscores its intention to maintain regulatory transparency as it pursues its hydrogen and CO2 infrastructure strategy.
Provaris Energy Ltd has announced plans to issue new securities, including 19,230,769 unlisted options and 38,461,538 fully paid ordinary shares, as part of a placement or other type of securities issue. This proposed issuance underscores the company’s strategy to bolster its financial resources, likely aimed at advancing its operations or projects, and could have significant implications for its standing in the renewable energy sector, offering potential growth opportunities for stakeholders.
Provaris Energy Ltd successfully secured $500,000 in funding through a share placement to professional investors, underscoring confidence in its strategic roadmap. The funds will be allocated to advance its hydrogen and CO₂ tank prototypes, which are crucial for developing cost-effective and scalable storage and shipping solutions, strengthening its market positioning during the energy transition.
Provaris Energy Ltd has released a presentation summarizing its operations and results, aimed at existing or potential investors. The presentation highlights the company’s focus on hydrogen and carbon dioxide solutions, emphasizing the challenges and variables that could impact their projections, such as price fluctuations and regulatory developments. The announcement underscores the company’s commitment to transparency and caution in its forward-looking statements, while also noting that the presentation is not a disclosure document or an investment recommendation.
Provaris Energy Ltd has requested a trading halt on its securities pending an announcement regarding a capital raising initiative. This move is expected to impact trading until the company releases further details or until normal trading resumes on December 18, 2025. The trading halt is part of the company’s strategic financial planning, potentially affecting stakeholders and market dynamics.