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Tasman Resources
(OTC:TAS)
Tasman Resources (TAS) vs. iShares MSCI Australia ETF (EWA)
Tasman Resources Business Overview & Revenue Model
Tasman Resources Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.45M | 2.45M | 2.02M | 4.70M | 4.15M | 3.28M |
| Gross Profit | 1.69M | 1.69M | 1.39M | -2.47M | -3.64M | -3.38M |
| EBITDA | -4.22M | -4.22M | -15.56M | -15.75M | -5.11M | -4.55M |
| Net Income | -3.02M | -3.02M | -13.13M | -5.72M | -2.60M | -2.69M |
Balance Sheet | ||||||
| Total Assets | 22.09M | 22.09M | 23.50M | 32.42M | 43.45M | 45.53M |
| Cash, Cash Equivalents and Short-Term Investments | 761.43K | 761.43K | 987.69K | 2.74M | 2.30M | 6.01M |
| Total Debt | 17.03M | 17.03M | 14.03M | 10.32M | 4.91M | 5.27M |
| Total Liabilities | 19.89M | 19.89M | 16.98M | 12.65M | 6.37M | 6.42M |
| Stockholders Equity | 3.49M | 3.49M | 3.77M | 16.38M | 23.64M | 26.47M |
Cash Flow | ||||||
| Free Cash Flow | -3.92M | -3.92M | -6.20M | -5.55M | -8.12M | -9.30M |
| Operating Cash Flow | -3.92M | -3.92M | -5.46M | -4.60M | -6.61M | -6.12M |
| Investing Cash Flow | -172.77K | -172.77K | -733.88K | -1.11M | -1.73M | -4.37M |
| Financing Cash Flow | 3.87M | 3.87M | 4.45M | 6.15M | 4.50M | 15.26M |
Tasman Resources 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% | |
46 Neutral | AU$9.38M | ― | -81.40% | ― | 20.65% | 80.26% | |
41 Neutral | AU$5.13M | ― | -4.35% | ― | ― | 62.22% | |
38 Underperform | AU$7.53M | ― | -110.65% | ― | ― | 32.08% | |
35 Underperform | AU$3.58M | ― | -16.88% | ― | ― | 73.55% | |
27 Underperform | AU$5.08M | -0.32 | -113.71% | ― | ― | 49.13% | |
25 Underperform | AU$6.95M | -11.11 | -24.22% | ― | ― | 83.93% |
Tasman Resources Corporate Events
Tasman Resources has completed the sale of its Georgia property for US$5 million, significantly higher than its purchase price in 2018. The proceeds were used to reduce the company’s iBorrow loan by 69% and supplement working capital, marking a substantial step in its financial restructuring. The company has also reduced its overall debt by approximately 70% through loan repayments and share-for-debt conversions, positioning itself for a stronger financial future.
Tasman Resources Ltd reported on its activities for the quarter ending September 30, 2025, highlighting progress in the Lake Torrens IOCG Project, where it holds a 49% stake in a joint venture with Fortescue Ltd. During the quarter, Fortescue completed a significant Magnetotelluric (MT) survey over the Titan and Bill’s Lookout prospect areas, achieving 179 out of 185 planned MT stations. This survey aims to investigate the electromagnetic properties and dimensionality of the basement geology, potentially enhancing the understanding of the mineral systems in the area.
Tasman Resources Ltd has announced its upcoming Annual General Meeting, scheduled to take place on November 28, 2025, at its Perth office. Shareholders are encouraged to access the Notice of Meeting and related documents online, as hard copies will not be distributed unless previously requested. The company has provided detailed instructions for lodging proxy votes online, ensuring shareholders can participate in the meeting effectively. This announcement underscores Tasman Resources’ commitment to maintaining transparent communication with its stakeholders and adapting to digital processes in compliance with legislative changes.
Tasman Resources Ltd has issued 68,000,000 fully paid ordinary shares to sophisticated and professional investors at a price of $0.0125 per share. This issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with relevant provisions of the Act, indicating transparency and adherence to legal requirements.
Tasman Resources Ltd has announced the application for quotation of 68,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction and is expected to enhance the company’s liquidity and market presence, potentially impacting its stakeholder value positively.
Eden Innovations Ltd has reported a significant increase in orders for its OptiBlend kits from US data centers, receiving orders worth USD$487,000 in the past two weeks, which is 80% of its total annual US sales for FY2025. This surge in demand positions Eden to exceed its previous year’s sales figures, with current outstanding orders and quotations indicating strong future growth potential in the US market.
Tasman Resources Ltd has announced a proposed issue of 15,487,709 ordinary fully paid securities, with the issue date set for December 1, 2025. This move is part of a placement or another type of issue, indicating a strategic decision to potentially raise capital or expand its shareholder base, which could impact the company’s market positioning and stakeholder interests.
Tasman Resources has recently experienced a notable increase in its share price and trading volume. This is attributed to the announcement of a new funding commitment for a drilling program at its Parkinson Dam project and a significant rise in the value of its investment in Eden Innovations Ltd. These developments are likely to impact the company’s market position and investor sentiment positively.
Eden Innovations Ltd has reported a surge in demand for its OptiBlend dual fuel kits, particularly from the North American data center market. Recent orders and a robust sales pipeline suggest a strong market position, with the potential for significant revenue growth driven by the increasing need for efficient and sustainable power solutions in data centers.
Tasman Resources Ltd has announced a proposed issue of securities, which includes the issuance of 34 million options and 68 million fully paid ordinary shares. This move is aimed at raising capital, potentially enhancing the company’s financial position and enabling further exploration and development activities. The issuance is set to take place on October 27, 2025, and could impact the company’s market positioning by providing additional resources for its operations.
Tasman Resources Ltd has announced a $2 million share placement to institutional and sophisticated investors to fund a high-impact drilling program at Parkinson Dam and assess new project opportunities. The company is also undergoing board changes with the appointment of Louis Varrasso as a non-executive director, aligning with its strategic focus on expanding exploration projects in Australia and the USA. The placement aims to strengthen Tasman’s market position and support its major shareholding in Eden Innovations Ltd, while the board changes are expected to bring in valuable corporate finance expertise.
Eden Innovations Ltd has announced the targeted completion date for the sale of its Georgia property, set for 3 November 2025, at a price of US$5 million. The sale is expected to significantly reduce the company’s financing costs by repaying over US$4 million of its current loan, enhancing its financial stability and operational efficiency.
Tasman Resources Ltd, a company listed on the Australian Securities Exchange, has requested a trading halt on its securities. This halt is pending an announcement regarding a capital raising initiative, which is expected to impact the company’s financial operations and market positioning. The trading halt is set to last until the announcement is made or until normal trading resumes on October 21, 2025.
Eden Innovations Ltd has secured its first Canadian order for EdenCrete®Pz7 from Innocon, a subsidiary of the Holcim Group, marking a significant milestone in its global expansion. This order, although not financially substantial, signifies Eden’s growing influence in the concrete industry, particularly in markets focused on reducing carbon emissions. The adoption of EdenCrete®Pz7 by Holcim Group subsidiaries in multiple countries underscores its potential to replace traditional cement with more sustainable alternatives, aligning with Holcim’s commitment to reducing the carbon footprint of its products.