Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 259.14M | 660.64M | 804.63M | 549.01M | 316.86M |
Gross Profit | 57.86M | 324.29M | 383.51M | 14.23M | -8.86M |
EBITDA | 55.00M | 334.61M | 371.95M | -16.36M | 4.66M |
Net Income | 25.95M | 262.10M | 196.13M | -84.06M | -48.73M |
Balance Sheet | |||||
Total Assets | 314.42M | 356.20M | 422.21M | 623.99M | 600.77M |
Cash, Cash Equivalents and Short-Term Investments | 8.35M | 44.03M | 69.57M | 11.19M | 10.11M |
Total Debt | 4.18M | 7.27M | 37.33M | 317.42M | 265.74M |
Total Liabilities | 146.57M | 188.35M | 276.58M | 651.50M | 559.75M |
Stockholders Equity | 168.26M | 167.33M | 145.51M | -80.41M | -21.15M |
Cash Flow | |||||
Free Cash Flow | -28.07M | 236.82M | 316.21M | -22.58M | -12.98M |
Operating Cash Flow | -15.55M | 247.55M | 324.00M | 5.79M | 3.29M |
Investing Cash Flow | 6.19M | -2.76M | -22.20M | -43.80M | -54.70M |
Financing Cash Flow | -26.69M | -270.69M | -245.64M | 39.27M | 2.96M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
75 Outperform | AU$3.69B | 6.53 | 22.35% | 9.49% | -1.17% | -14.64% | |
70 Neutral | AU$2.21B | 7.61 | 10.52% | 3.06% | -13.91% | -58.85% | |
64 Neutral | AU$191.98M | 4.41 | 12.65% | ― | -2.01% | -30.02% | |
62 Neutral | $5.81B | 33.64 | 3.39% | 3.17% | 47.28% | -84.83% | |
55 Neutral | AU$326.91M | ― | -16.23% | 12.66% | -17.57% | -1132.91% | |
54 Neutral | AU$72.89M | 4.48 | -1.57% | 10.99% | -38.32% | -102.34% | |
44 Neutral | AU$1.47B | -6.98 | -23.02% | 8.00% | 5.33% | -26.92% |
TerraCom Limited announced the resignation of its Chief Financial Officer and Company Secretary, Megan Etcell, due to personal circumstances preventing her relocation to the new corporate headquarters in Brisbane. Megan will remain in her role until the end of 2025 to ensure a smooth transition. The company has begun searching for a Brisbane-based CFO to support its strategic execution and capital discipline, highlighting the importance of this role in the company’s ongoing transformation and future plans.
The Federal Court of Australia has dismissed the case against TerraCom Limited’s Managing Director, Danny McCarthy, and three former directors and officers, brought by the Australian Securities and Investments Commission (ASIC). Earlier, TerraCom had reached an agreement with ASIC to resolve the case against the company, pending court approval. This judgment may positively impact TerraCom’s operations and industry positioning by alleviating legal uncertainties and reinforcing stakeholder confidence.
TerraCom Limited has successfully met its revised coal sales target for FY25 at its Blair Athol Mine, achieving a total of 1.52 million tonnes. The company demonstrated strong operational performance, maintaining stable costs and reinforcing its position as a reliable, low-cost coal producer. As TerraCom enters FY26, it plans to focus on value over volume, with a responsive mine plan and a lean cost structure, ensuring continued operational discipline and market adaptability.
TerraCom Limited has revised its FY25 sales guidance for the Blair Athol coal mine to 1.52 million tonnes, down from 1.6 million tonnes, due to adjustments in the production schedule. The company is finalizing its FY26 production and sales strategy, focusing on an optimized production schedule and cost reduction initiatives to maintain competitiveness amidst coal price volatility. These strategic decisions aim to strengthen TerraCom’s position in a challenging economic environment, ensuring value delivery for shareholders, customers, and communities.
TerraCom Limited has released a presentation intended for prospective investors, highlighting its operations and assets in Australia and South Africa. The presentation aims to provide information about the company’s business activities and financial performance, though it does not constitute investment advice. The document includes non-IFRS financial data and emphasizes that the information provided is for general purposes, urging recipients to conduct their own independent analysis before making any investment decisions.
TerraCom Limited has announced a change in the interest of its director, Mark Lochtenberg. The director, through Rigi Investments Pty Ltd, has acquired an additional 3,280,900 fully paid ordinary shares, bringing the total to 17,783,293 shares. This transaction was conducted as an on-market trade at a price of $0.064077 per share. The acquisition of these shares may indicate a positive outlook or increased confidence in the company’s future prospects by its director.
TerraCom Limited has announced changes in the interests of its substantial holder, Regal Funds Management Pty Limited, which has adjusted its voting power through a series of transactions involving ordinary shares. These changes reflect a strategic realignment in the company’s shareholder structure, potentially impacting its governance and future decision-making processes.
TerraCom Limited has reached an agreement with the Australian Securities and Investments Commission (ASIC) to resolve civil proceedings related to a contravention of the Corporations Act 2001. The agreement, pending Federal Court approval, includes TerraCom paying a $7.5 million civil penalty and $1 million in ASIC’s legal costs. This resolution is significant as it allows TerraCom to move forward from the legal proceedings, potentially stabilizing its operations and reassuring stakeholders.
TerraCom Limited reported a challenging March quarter due to severe weather conditions affecting its Blair Athol operations, yet maintained strong operational momentum. The company achieved total coal sales of 1.6 million tonnes and eliminated its historic tax debt, while also securing a US$20 million prepayment agreement to bolster working capital. Despite these challenges, TerraCom remains committed to its sales guidance of 1.6 million tonnes for FY2025 and is progressing with the Moorlands Thermal Coal Project, expected to commence operations in 2026.