Resource Development Group Limited (RDG) AI Stock Analysis

• Market Cap: AU$26.56M
• Dividend Yield: N/A
• Average Volume (3M): 311.52K
• Price to Earnings (P/E): 1.7
• Beta (1Y): 1.01
• Revenue Growth: 66.22%
• EPS Growth: 20.83%
• Country: AU
• Employees: 166
• Sector: Industrials
• Sector Strength: 89
• Industry: Engineering & Construction
• EPS (TTM): <0.01
• Shares Outstanding: 2,950,858,200
• 10 Day Avg. Volume: 306,928
• 30 Day Avg. Volume: 311,519
• PEG Ratio: 0.04
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.52
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.01
• Price Target Upside: 0.00%
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: ―

Resource Development Group Limited's strong financial performance, highlighted by solid revenue and profit growth, is offset by technical weaknesses and a bearish market sentiment. While the stock appears undervalued, the absence of dividend yield and technical indicators caution against immediate investment. A focus on managing debt and leveraging financial strengths could improve future prospects.

Resource Development Group Limited Business Overview & Revenue Model

Company Description

Resource Development Group Limited (RDG) is an Australian-based company that operates within the mining and resources sector. The company specializes in providing a range of services including project management, construction, and maintenance services to the mining, oil, and gas industries. RDG focuses on delivering high-quality, cost-effective solutions that cater to the diverse needs of its clients, leveraging its expertise and experience in managing large-scale projects across Australia.

How the Company Makes Money

RDG generates revenue primarily through its service contracts with companies in the mining, oil, and gas industries. The company earns money by providing project management, construction, and maintenance services, which are critical to the operation and development of resource extraction projects. These services are typically delivered under long-term contracts, which provide a stable and predictable income stream. Additionally, RDG may form strategic partnerships or joint ventures to extend its service offerings and enhance its market presence, further contributing to its revenue. The company's earnings are influenced by the level of activity and investment within the resources sector, as well as its ability to secure and execute contracts effectively.

Resource Development Group Limited Financial Statement Overview

Summary

Resource Development Group Limited exhibits a strong financial position with notable revenue and profit growth, effective cost management, and robust cash flows. Despite rising debt levels, the company remains financially well-positioned, though continued focus on managing leverage is crucial.

Income Statement

Resource Development Group Limited has shown impressive revenue growth, with a notable increase from 2023 to 2024. The gross profit margin stands strong, and the net profit margin indicates solid profitability. The EBIT and EBITDA margins are also robust, reflecting efficient operations. The company has demonstrated consistent growth in revenue and profitability over the years, indicating a positive trajectory.

Balance Sheet

The company maintains a solid equity base with a favorable equity ratio, showing stability. However, the debt-to-equity ratio has increased, indicating higher leverage, which could pose a risk if not managed properly. Return on equity is strong, reflecting effective use of shareholder funds. Overall, the balance sheet is stable, but the rising debt levels warrant attention.

Cash Flow

Resource Development Group Limited has shown a remarkable improvement in free cash flow, transitioning from negative to positive. The operating cash flow to net income ratio is healthy, indicating good cash generation relative to profit. The cash flow statement reflects strong operational cash flows, supporting the company's growth initiatives.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	141.26M	136.18M	55.67M	50.74M	67.12M	20.94M
Gross Profit	62.40M	82.54M	19.81M	6.64M	3.21M	1.74M
EBITDA	28.64M	28.65M	18.56M	6.67M	2.16M	1.31M
Net Income	17.10M	17.39M	13.73M	3.61M	1.12M	1.47M
Balance Sheet
Total Assets	370.54M	352.90M	236.49M	173.78M	119.97M	79.07M
Cash, Cash Equivalents and Short-Term Investments	5.87M	8.32M	3.92M	15.37M	23.90M	10.71M
Total Debt	136.35M	122.30M	97.38M	55.91M	3.01M	4.71M
Total Liabilities	226.43M	220.04M	129.26M	83.93M	34.28M	12.63M
Stockholders Equity	144.12M	132.88M	107.24M	89.85M	85.71M	66.52M
Cash Flow
Free Cash Flow	5.87M	7.86M	-18.29M	-14.71M	15.74M	-95.21K
Operating Cash Flow	31.80M	33.37M	9.20M	5.02M	16.64M	135.71K
Investing Cash Flow	-26.32M	-26.47M	-27.38M	-19.40M	1.48M	2.95M
Financing Cash Flow	-2.56M	-2.51M	6.74M	5.85M	-4.93M	-3.37M

Resource Development Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EVZ	70 Outperform	AU$17.60M	12.08	4.42%	―	-6.63%	-26.38%
RDG	65 Neutral	AU$26.56M	1.72	13.01%	―	66.22%	20.83%
VBC	65 Neutral	AU$18.70M	6.81	14.71%	―	-17.71%	―
Sector *	58 Neutral	HK$14.03B	4.45	-3.01%	7.32%	3.67%	-54.16%
SOP	52 Neutral	AU$15.06M	―	-100.21%	―	9.01%	-4.27%
WSI	50 Neutral	AU$8.24M	3.21	-3.31%	―	-30.52%	-192.05%
VRS	50 Neutral	AU$31.06M	―		―	-5.87%	-750.00%

Resource Development Group Limited Corporate Events

Resource Development Group Announces Director’s Interest Change

Resource Development Group Limited announced a change in the director’s interest, with Andrew Ellison disposing of 13,303,769 FY24 Performance Rights. This change, effective from July 10, 2025, reflects an agreement between the company and the director, potentially impacting the company’s governance and signaling strategic adjustments in its executive management.

The most recent analyst rating on (AU:RDG) stock is a Buy with a A$0.03 price target. To see the full list of analyst forecasts on Resource Development Group Limited stock, see the AU:RDG Stock Forecast page.

Resource Development Group Limited Announces Cessation of Securities

Resource Development Group Limited has announced the cessation of 13,303,769 performance rights, which were cancelled by agreement between the entity and the holder. This move may impact the company’s capital structure and could have implications for its stakeholders, reflecting a strategic decision to manage its securities more effectively.

The most recent analyst rating on (AU:RDG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Resource Development Group Limited stock, see the AU:RDG Stock Forecast page.

Resource Development Group Announces Change in Director’s Securities

Resource Development Group Limited has announced a change in the director’s interest, specifically concerning Mike Grey. The company reported that 11,267,721 unquoted options held by the director either expired or were canceled, leaving him with 274,683 ordinary shares. This development may affect the company’s stock options management but does not immediately impact the company’s operational or market positioning.

The most recent analyst rating on (AU:RDG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Resource Development Group Limited stock, see the AU:RDG Stock Forecast page.

Director’s Interest Update at Resource Development Group Limited

Resource Development Group Limited announced a change in the interests of its director, Andrew Ellison, as per the latest notice to the ASX. The update reveals that a total of 5,131,357 unquoted options held indirectly by Ellison have expired, impacting his overall securities holdings. This change reflects an adjustment in Ellison’s financial stake in the company, which may influence stakeholder perceptions and the director’s future decisions regarding his involvement with the company.

The most recent analyst rating on (AU:RDG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Resource Development Group Limited stock, see the AU:RDG Stock Forecast page.

Resource Development Group Announces Director’s Interest Change

Resource Development Group Limited has announced a change in the director’s interest, specifically regarding the unquoted options held by Director Mark Wilson. The company disclosed that 11,267,721 unquoted options, previously held by Wilson, have either expired or been cancelled, resulting in no ordinary shares held by the director after the change. This update reflects a significant adjustment in the director’s securities, potentially impacting the company’s governance and signaling a shift in the director’s investment strategy.

The most recent analyst rating on (AU:RDG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Resource Development Group Limited stock, see the AU:RDG Stock Forecast page.

Resource Development Group Announces Cessation of Securities

Resource Development Group Limited announced the cessation of certain securities, specifically the cancellation of 5,000,000 options expiring in January 2026 and 7,272,728 options expiring in December 2026. This decision, made by agreement between the entity and the holder, reflects a strategic move that could impact the company’s capital structure and market positioning.

The most recent analyst rating on (AU:RDG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Resource Development Group Limited stock, see the AU:RDG Stock Forecast page.

Resource Development Group Cancels Unquoted Options

Resource Development Group Limited has announced the cancellation of 5,000,000 unquoted options and 7,272,728 unquoted options, which were exercisable at 6.0 cents and 4.6 cents respectively. This adjustment in their capital structure, agreed upon with the option holders, reflects the company’s strategic financial management and may impact its market positioning by potentially altering investor perceptions and stakeholder interests.

The most recent analyst rating on (AU:RDG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Resource Development Group Limited stock, see the AU:RDG Stock Forecast page.

Resource Development Group Limited Announces Cessation of Securities

Resource Development Group Limited announced the cessation of 16,030,633 securities due to the expiry of options without exercise or conversion, effective June 13, 2025. This cessation may affect the company’s capital structure and could have implications for stakeholders, potentially influencing market perceptions of the company’s financial strategies.

The most recent analyst rating on (AU:RDG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Resource Development Group Limited stock, see the AU:RDG Stock Forecast page.

Resource Development Group Announces Expiry of Unquoted Options

Resource Development Group Ltd announced the expiration of 16,030,633 unquoted options, which were exercisable at 4.9 cents each, on June 13, 2025. The company noted that these options were substantially out of the money, and therefore, no expiry notices were sent. This decision reflects the company’s strategic approach to managing its capital structure, which includes both quoted and unquoted securities, potentially impacting its financial positioning and stakeholder interests.

The most recent analyst rating on (AU:RDG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Resource Development Group Limited stock, see the AU:RDG Stock Forecast page.