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Tasman Resources
(Sydney:TAS)
Tasman Resources (TAS) vs. iShares MSCI Australia ETF (EWA)
Tasman Resources Business Overview & Revenue Model
Tasman Resources Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 2.48M | 2.02M | 4.70M | 4.15M | 3.28M | 2.43M | Gross Profit |
| -751.89K | 1.39M | -2.47M | -3.64M | -3.38M | -5.15M | EBIT |
| -4.46M | -17.09M | -6.74M | -7.38M | -5.75M | -9.23M | EBITDA |
| -15.12M | -15.56M | -15.75M | -5.11M | -4.55M | -7.93M | Net Income Common Stockholders |
| -13.23M | -13.13M | -5.72M | -2.60M | -2.69M | -3.89M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 857.51K | 987.69K | 2.74M | 2.30M | 6.01M | 1.44M | Total Assets |
| 23.88M | 23.50M | 32.42M | 43.45M | 45.53M | 37.64M | Total Debt |
| 16.04M | 14.03M | 10.32M | 4.91M | 5.27M | 6.03M | Net Debt |
| 15.18M | 13.04M | 7.58M | 2.61M | -742.17K | 4.58M | Total Liabilities |
| 20.04M | 16.98M | 12.65M | 6.37M | 6.42M | 7.15M | Stockholders Equity |
| 2.60M | 3.77M | 16.38M | 23.64M | 26.47M | 20.47M |
| Cash Flow | Free Cash Flow | ||||
| -4.37M | -6.20M | -5.55M | -8.12M | -9.30M | -10.57M | Operating Cash Flow |
| -4.26M | -5.46M | -4.60M | -6.61M | -6.12M | -7.97M | Investing Cash Flow |
| -596.95K | -733.88K | -1.11M | -1.73M | -4.37M | -2.64M | Financing Cash Flow |
| 3.58M | 4.45M | 6.15M | 4.50M | 15.26M | 7.86M |
Tasman Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $2.04B | -1.15 | -21.37% | 3.64% | 2.88% | -30.57% | |
46 Neutral | $3.68M | ― | -139.72% | ― | -1.30% | -304.41% | |
41 Neutral | AU$3.55M | ― | -14.76% | ― | ― | -47.37% | |
39 Underperform | AU$3.75M | ― | -51.34% | ― | ― | 95.85% | |
35 Underperform | AU$3.49M | ― | -16.29% | ― | ― | 68.13% | |
27 Underperform | AU$4.23M | ― | -111.91% | ― | ― | -392.61% | |
25 Underperform | AU$3.47M | ― | -20.32% | ― | ― | 90.91% |
Tasman Resources Corporate Events
Tasman Resources Limited has released an update from Eden Innovations Ltd regarding the sales of its EdenCrete® product. The announcement highlights the continued growth in sales of EdenCrete® products, with significant orders from the US, Ecuador, Mexico, and Canada. This expansion indicates a strengthening market presence and potential for increased revenue streams, reflecting positively on the company’s strategic positioning and stakeholder interests.
Tasman Resources Ltd has announced an update to its previous announcement regarding a proposed issue of securities. The company has extended the closing date for its Rights Issue Offer to June 16, 2025, with the results to be announced on June 17, 2025. This update is part of the company’s strategy to manage its capital structure and enhance shareholder value, potentially impacting its market positioning and stakeholder interests.
Tasman Resources Ltd has announced an extension of the closing date for its renounceable rights issue, aiming to raise up to $3.68 million. The new closing date is set for 16 June 2025, providing shareholders additional time to participate. This extension may impact the timeline for the issuance of new shares and options, reflecting the company’s commitment to accommodating shareholder participation and potentially affecting its capital structure and market positioning.
Tasman Resources Ltd has announced a renounceable pro-rata rights issue, offering new shares to its shareholders in Australia and New Zealand. The initiative aims to raise approximately $1,997,550 to fund a drilling program at the Parkinson Dam prospect and support general working capital. Non-qualifying foreign shareholders will have their rights sold by a nominee, with proceeds distributed after costs. The offer is not underwritten, and additional shares may be available through a shortfall offer if not all shares are taken up.
Tasman Resources Ltd, an Australian company listed on the ASX, has announced the dispatch of its entitlement offer prospectus to eligible shareholders. This offer aims to raise approximately $3.68 million through a one-for-one pro-rata renounceable entitlement offer of fully paid ordinary shares. The offer is open until 2 June 2025, allowing eligible shareholders to subscribe for new shares and potentially apply for additional shares not taken up in the initial offer. This move is part of the company’s strategy to strengthen its financial position and potentially enhance shareholder value.
Tasman Resources Limited has announced a change in the director’s interest notice concerning Mr. Douglas Howard Solomon. Mr. Solomon has acquired 10,032,441 ordinary shares through the conversion of debt valued at $200,649, increasing his indirect holdings to 41,622,113 shares. This transaction reflects a strategic financial maneuver to manage debt and potentially strengthen the company’s financial position.
Tasman Resources Limited has announced a change in the director’s interest, specifically regarding Mr. Gregory Howard Solomon. The change involves the acquisition of 10,032,441 ordinary shares through the conversion of debt at $0.02 per share, increasing Mr. Solomon’s indirect holdings to 41,610,987 shares.
Tasman Resources Ltd is conducting a renounceable pro-rata Rights Issue, offering approximately 184 million new shares at $0.02 each, with an option for every two new shares acquired. This initiative aims to raise up to $3.68 million, enhancing the company’s capital base. The offer is available to qualifying shareholders in Australia and New Zealand, with the new shares intended to be listed on the ASX. The options, however, will not be quoted. The rights issue is not underwritten, and the shares and options are considered speculative, carrying no guarantees on returns or future value.
Tasman Resources Ltd has announced the issuance of 500,000 unlisted options, each exercisable at $0.02 and expiring on May 14, 2028. 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 stakeholder interests.
Tasman Resources Ltd has announced the quotation of 23,092,282 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of May 14, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially impacting stakeholders positively by increasing the company’s capital base.
Tasman Resources Ltd has announced an update to its proposed issue of securities, specifically extending the timetable for its Rights Issue. The Prospectus lodgement date is now set for 16 May 2025, with the Record Date moved to 21 May 2025. This update may impact the company’s financial strategy and stakeholder engagement as it seeks to raise capital through this securities issuance.
Tasman Resources Ltd, an Australian company, has announced a share issue to convert outstanding director fees into equity, following shareholder approval. This move involves issuing over 23 million shares and 500,000 unlisted options, with the aim of consolidating debts and raising funds for its Parkinson Dam project. The entitlement offer is set to raise approximately $3.68 million, with normal trading of shares to commence on 14 May 2025.
Tasman Resources Ltd has completed a consolidation of its securities on a 5-for-1 basis, following shareholder approval at the recent General Meeting. This restructuring results in a new capital structure with 161,050,326 fully paid ordinary shares and 200,000 unlisted options. The consolidation is aimed at streamlining the company’s capital structure, and normal trading is set to resume on 9 May 2025.
Eden Innovations Ltd, a subsidiary of Tasman Resources, has secured its first order from Holcim Mexico for its product EdenCrete®Pz7, marking an expansion into the Mexican market. This development signifies a growing adoption of EdenCrete®Pz7 within the Holcim Group, now spanning three countries, and highlights the product’s potential impact on the concrete industry by improving concrete mix performance in multiple locations.
Tasman Resources Ltd, an Australian company, announced that its shareholders have approved a consolidation of the company’s issued securities at a 5:1 ratio. This means that every five securities previously issued will be consolidated into one security. The consolidation is expected to be completed by 7 May 2025, and the company will confirm the completion to its shareholders. This move is likely aimed at streamlining the company’s equity structure, potentially impacting its market positioning and shareholder value.
Tasman Resources Ltd, an Australian company, announced the results of its General Meeting where all proposed resolutions were passed. These resolutions included the consolidation of capital and the conversion of unpaid director fees and debt into equity through the issuance of shares. The approval of these resolutions is expected to strengthen the company’s financial position by addressing outstanding liabilities and potentially enhancing shareholder value.
Tasman Resources Ltd, through its subsidiary Noble Energy Pty Ltd, holds a significant stake in Eden Innovations Ltd, which is involved in the development and supply of innovative construction materials. Eden Innovations has received its first large order for EdenCrete®Pz7 from Holcim US, valued at approximately US$91,800, to be used in a major construction project in Colorado. This order marks a significant milestone for Eden Innovations, as it expands its market presence in the US. Additionally, Holcim Group’s ongoing trials of EdenCrete®Pz7 in various countries indicate potential future growth and increased demand for Eden’s products.
Tasman Resources Ltd has announced an update regarding the proposed issue of securities, which involves a security consolidation on a 1 for 5 basis, pending shareholder approval on April 24, 2025. The update includes revised terms of free attaching unlisted options and confirms their expiry date. This move is part of Tasman Resources’ strategy to streamline its capital structure, potentially enhancing its market positioning and providing clarity to stakeholders on the future issuance of securities.
Tasman Resources Ltd has announced a proposed issue of securities, which includes the issuance of both unlisted options and ordinary fully paid shares. This move, structured as a standard pro rata issue, is aimed at raising capital to support the company’s ongoing operations and strategic initiatives. The issuance is expected to impact the company’s financial structure and provide additional resources for its exploration activities.
Tasman Resources Ltd has announced a proposed issue of securities, including 2,500,000 unlisted options and 115,461,408 ordinary fully paid shares, with the issue date set for May 7, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its market positioning and providing new opportunities for stakeholders as it seeks to advance its mineral exploration projects.
Tasman Resources Ltd has announced a security consolidation for its ordinary fully paid shares and options expiring on January 1, 2026. The consolidation will commence trading on a deferred settlement basis on May 5, 2025, with a record date of May 6, 2025, and an issue date of May 13, 2025. The consolidation has received the necessary security holder approval, which was determined on April 24, 2025.
Tasman Resources Ltd has announced a General Meeting of shareholders to be held on April 24, 2025, in Perth, Western Australia. The agenda includes a proposal for the consolidation of the company’s existing securities, where every five shares will be consolidated into one. Additionally, there are resolutions to convert unpaid director fees into equity for directors Douglas Solomon and Gregory Solomon, with specific share issuances contingent on the approval of the consolidation resolution. This meeting and its resolutions could significantly impact the company’s capital structure and governance, potentially affecting shareholder value and the company’s financial management strategies.
Tasman Resources Ltd announced a corporate restructuring and capital raising initiative to fund a drilling program at its Parkinson Dam prospect. The plan includes a shareholder entitlement offer to raise approximately $3.68 million and a debt conversion strategy to improve the company’s financial structure. This move aims to enhance Tasman’s operational capabilities and strengthen its market position by reducing debt and securing funds for exploration activities.
Tasman Resources Ltd has released its condensed consolidated interim financial report for the half-year ended 31 December 2024. The report includes a review of operations, corporate directory, and various financial statements. This release provides insights into the company’s financial performance and operational activities during the period, which may influence its market positioning and stakeholder interests.