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PolarX Ltd
(Sydney:PXX)
PolarX Ltd (PXX) vs. iShares MSCI Australia ETF (EWA)
PolarX Ltd Business Overview & Revenue Model
PolarX Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -9.08K | -9.08K | -12.78K | -1.58K | -2.36K | -1.79K |
| EBITDA | -1.74M | -1.74M | -11.79M | -1.50M | -1.41M | -1.16M |
| Net Income | -1.80M | -1.80M | -11.81M | -1.56M | -1.60M | -1.30M |
Balance Sheet | ||||||
| Total Assets | 40.12M | 40.12M | 36.33M | 40.43M | 37.64M | 31.91M |
| Cash, Cash Equivalents and Short-Term Investments | 2.86M | 2.86M | 1.56M | 732.03K | 1.95M | 3.49M |
| Total Debt | 3.06M | 3.06M | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 3.20M | 3.20M | 1.20M | 141.68K | 308.02K | 177.25K |
| Stockholders Equity | 36.92M | 36.92M | 35.13M | 40.29M | 37.33M | 31.73M |
Cash Flow | ||||||
| Free Cash Flow | -4.84M | -4.84M | -5.92M | -3.02M | -4.92M | ― |
| Operating Cash Flow | -1.85M | -1.85M | -1.33M | -1.44K | -1.48K | ― |
| Investing Cash Flow | -3.00M | -3.00M | -4.59M | -3.02M | -4.92M | -5.04M |
| Financing Cash Flow | 6.08M | 6.08M | 6.75M | 3.25M | 4.86M | 5.62M |
PolarX 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% | |
48 Neutral | AU$62.56M | -23.53 | -6.39% | ― | ― | 37.04% | |
48 Neutral | AU$51.53M | -16.67 | -12.53% | ― | ― | 40.00% | |
47 Neutral | AU$13.60M | ― | -5.71% | ― | ― | 16.67% | |
46 Neutral | AU$23.71M | -10.50 | -3.39% | ― | ― | 48.72% | |
44 Neutral | AU$57.09M | -26.25 | -5.01% | ― | ― | 88.57% | |
41 Neutral | AU$29.56M | -6.74 | -84.97% | ― | -100.00% | 8.51% |
PolarX Ltd Corporate Events
PolarX Limited has announced a change in the director’s interest notice, specifically regarding Charles Frazer Tabeart. The company disclosed that Tabeart has acquired 13,500,000 unlisted options exercisable at $0.031 on or before October 2, 2029, under the company’s Long-Term Incentive Plan, following shareholder approval on November 25, 2025. This acquisition does not involve any disposal of securities and reflects an increase in Tabeart’s indirect interest in the company.
PolarX Ltd, a company listed on the Australian Securities Exchange, has announced the issuance of 135 million unquoted options set to expire on October 2, 2029, with an exercise price of $0.031. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and offering strategic flexibility in its financial operations.
PolarX Limited has issued 135 million unlisted director options as part of its Long-Term Incentive Plan, following shareholder approval. This move is expected to align the interests of the company’s directors with its long-term strategic goals, potentially impacting its operational focus and market positioning.
PolarX Ltd has announced the issuance of 1,047,653 fully paid ordinary securities to be quoted on the ASX, following the exercise of options or conversion of other convertible securities. This move could potentially enhance the company’s capital structure and market presence, impacting its operational capabilities and investor relations.
PolarX Limited has announced the issuance of 1,047,653 ordinary shares following the exercise of unlisted options, each priced at $0.016 and exercisable by February 2026. This move is part of the company’s strategic financial operations, potentially impacting its capital structure and market positioning, while complying with relevant corporate regulations.
PolarX Ltd has announced the quotation of 902,043 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 5, 2025. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing exploration and development activities, potentially impacting its market positioning and providing value to its stakeholders.
PolarX Limited has announced the issuance of 902,043 ordinary shares following the exercise of unlisted options, each priced at $0.016, set to expire by February 2026. This move reflects the company’s strategic efforts to enhance its capital structure, potentially impacting its financial stability and market position positively, while maintaining compliance with relevant regulatory requirements.
PolarX Limited has begun trading on the OTCQB Market in the United States under the ticker ‘PXXXF’, aiming to expand its US investor base and facilitate North American trading of its shares. This move supports its existing US operations, with no changes to its primary listing on the Australian Securities Exchange or its capital structure.
PolarX Ltd has announced the issuance of 35 million unlisted options, exercisable at $0.031 each, with a maturity date of October 2, 2029. This move is part of previously announced transactions and is not intended for quotation on the ASX, potentially impacting the company’s financial strategies and stakeholder interests.
PolarX Ltd has issued 35 million unlisted management options as part of its Long-Term Incentive Plan, with an exercise price of $0.031 and an expiry date of 2 October 2029. This move is part of the company’s strategy to incentivize management, potentially impacting its operational dynamics and aligning stakeholder interests with long-term company goals.
PolarX Limited has reported on its exploration activities for the quarter ending September 2025, focusing on its Alaska Range Copper Gold Project. The company conducted a diamond core drilling program at the Caribou Dome Project, drilling ten holes to explore mineralization depth extensions and enhance geological understanding. Additionally, an airborne geophysics survey was carried out over the Caribou Dome and Senator projects, identifying potential mineralization extensions. The results of these exploratory activities are expected to impact the company’s operational strategy and may influence its market positioning once assay results and processed survey data are available.
PolarX Ltd has announced the cessation of 15,000,000 securities due to the expiry of options that were not exercised or converted by the deadline of October 27, 2025. This cessation of securities may impact the company’s capital structure and could influence investor perceptions of the company’s financial strategy.
PolarX Limited has announced its upcoming Annual General Meeting for shareholders, scheduled for November 25, 2025, in West Perth, Australia. The company encourages shareholders to submit proxy forms in advance and to monitor the company’s website for any updates. This meeting is significant for stakeholders as it provides an opportunity for shareholders to participate in decision-making processes and engage with the company’s management.
PolarX Ltd has announced an Extraordinary General Meeting to be held on November 25, 2025, in West Perth, WA. The meeting will address a transaction deemed fair and reasonable for shareholders not associated with Northern Star, as per an Independent Expert’s Report. Shareholders are encouraged to submit proxy forms and monitor the company’s website for updates.
PolarX Limited has announced the expansion of its mining claims at the Black Canyon within the Humboldt Range in Nevada, USA, by staking 36 new claims. This expansion aims to cover the southern extension of the Ridgeline prospect, known for its high-grade gold veins and significant mineralization. The company is set to commence a 2,000-meter Reverse Circulation drilling program on October 20, 2025, targeting the Ridgeline prospect, which features extensive quartz veining and historical mining activity. The results of this initial drilling campaign will inform future exploration efforts, with the potential to significantly impact PolarX’s operations and positioning within the mining sector.
PolarX Ltd has announced the quotation of 2,094,766 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code PXX. This move is a result of options being exercised or other convertible securities being converted, which could enhance the company’s liquidity and market presence.
PolarX Limited has announced the issuance of 2,094,766 ordinary shares following the exercise of unlisted options, each priced at $0.016 and due by February 2026. This move signifies a strategic step in enhancing the company’s capital structure, potentially impacting its operational capacity and market positioning positively.
PolarX Ltd has announced a proposed issue of securities, specifically 35 million unlisted options exercisable at $0.031 each, with a proposed issue date of October 8, 2025. This move is part of a placement or other type of issue, which could potentially impact the company’s market positioning by increasing its financial resources, thereby possibly enhancing its operational capabilities and stakeholder value.
PolarX Ltd has announced a proposed issue of securities, specifically unlisted options exercisable at $0.031 each, with a total of 135,000,000 options to be issued. This move, set to take place on November 18, 2025, is part of a placement or other type of issue, potentially impacting the company’s financial strategy and market positioning by providing additional capital or resources.
PolarX Limited has announced the grant of 170 million unlisted incentive options as part of its Long-Term Incentive Plan. These options, which include 135 million for directors and 35 million for key management and consultants, are exercisable at a premium price of 3.1 cents each by October 2029. The decision is pending shareholder approval at the upcoming annual general meeting, reflecting a strategic move to align management interests with long-term company goals and potentially enhance stakeholder value.