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Westar Resources Ltd.
(Sydney:WSR)
Westar Resources Ltd. (WSR) vs. iShares MSCI Australia ETF (EWA)
Westar Resources Ltd. Business Overview & Revenue Model
Westar Resources 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 | -51.86K | -51.86K | -61.31K | -54.45K | -22.01K | -4.58K |
| EBITDA | -582.00 | -1.31M | -2.86M | -3.63M | -2.31M | -777.92K |
| Net Income | -1.30M | -1.30M | -2.92M | -3.49M | -2.34M | -783.51K |
Balance Sheet | ||||||
| Total Assets | 3.64M | 3.64M | 3.69M | 5.68M | 5.98M | 5.51M |
| Cash, Cash Equivalents and Short-Term Investments | 1.25M | 1.25M | 1.52M | 2.77M | 2.30M | 3.14M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 105.14K | 105.14K | 310.28K | 202.70K | 249.28K | 440.17K |
| Stockholders Equity | 3.54M | 3.54M | 3.38M | 5.48M | 5.73M | 5.07M |
Cash Flow | ||||||
| Free Cash Flow | -1.72M | -1.72M | -1.69M | -2.48M | -3.41M | -2.09M |
| Operating Cash Flow | -1.25M | -1.25M | -1.69M | -1.67M | -1.56M | -364.30K |
| Investing Cash Flow | -212.29K | -212.29K | -389.69K | -815.92K | -1.85M | -1.79M |
| Financing Cash Flow | 1.14M | 1.14M | 831.16K | 2.95M | 2.64M | 5.22M |
Westar Resources 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% | |
51 Neutral | AU$8.02M | -3.52 | -127.51% | ― | 168.85% | 13.51% | |
49 Neutral | AU$33.85M | -27.03 | -51.49% | ― | ― | 5.93% | |
48 Neutral | AU$4.22M | -13.85 | -66.08% | ― | ― | 80.88% | |
45 Neutral | AU$9.90M | -4.88 | -131.62% | ― | ― | 65.32% | |
43 Neutral | AU$2.98M | -3.03 | -37.62% | ― | ― | 76.76% | |
41 Neutral | AU$22.79M | -11.75 | -32.31% | ― | ― | 69.23% |
Westar Resources Ltd. Corporate Events
Westar Resources Ltd has notified the market of the issue of 60 million unquoted 2025 Director Options, effective 24 December 2025, under a new class of securities to be confirmed by the ASX. The substantial grant of director options signals an ongoing use of equity-based incentives for key management, which may align director interests with shareholders but also introduces potential future dilution for existing investors if the options are exercised.
Westar Resources has issued 38 million fully paid ordinary shares to related parties in line with approvals granted at its 2025 Annual General Meeting. The company stated that the shares were issued without a prospectus under Australian Corporations Act provisions and confirmed it remains compliant with continuous disclosure and financial reporting obligations, indicating there is no undisclosed information material to assessing its financial position or the rights attached to the new securities.
Westar Resources Ltd has applied to the ASX for quotation of 38 million new ordinary fully paid shares (ASX code: WSR), issued on 24 December 2025 following shareholder approval at its 2025 annual general meeting. The additional securities expand the company’s quoted share capital and reflect a capital-raising or incentive-related issuance that may impact existing shareholders through dilution while providing Westar with increased financial flexibility to pursue its operational and strategic objectives.
Westar Resources Ltd has disclosed a substantial change in the indirect holdings of director Ben Donovan through ELOHIM Nominees Pty Ltd, reflecting a significant increase in his stake in the company via additional ordinary shares and incentive options. Following shareholder approval at the 2025 AGM, Donovan’s associated entity was issued 8,000,000 new ordinary shares at $0.005 per share and 20,000,000 incentive options, lifting his total indirect holdings to nearly 10 million ordinary shares plus performance rights, a move that increases his equity alignment with shareholders and may signal confidence in the company’s future performance.
Westar Resources has disclosed a significant change in director Eddie King’s indirect interests, following the issue of new shares and incentive options approved at the company’s 2025 annual general meeting. Through entities King Corporate Pty Ltd and La Paz Resources Pty Ltd, King acquired 20 million ordinary shares at $0.005 each and a total of 20 million incentive options for no cash consideration, increasing his indirect holding to 22,923,796 ordinary shares plus existing unlisted options and the newly issued incentive options. The transaction underscores a strengthened equity alignment between the director and the company, potentially signalling confidence in Westar’s future performance and modestly increasing insider ownership within its capital base.
Westar Resources Ltd. announced the results of its 2025 Annual General Meeting, where all resolutions were voted on by poll. The company received its first strike against the remuneration report, and while most resolutions passed, resolutions 4, 5, 12, 13, and 14 did not. This outcome may impact the company’s governance and future decision-making processes.
Westar Resources Ltd announced the issuance of 59,808,721 fully paid ordinary shares as part of tranche 1 of a placement to sophisticated and exempt investors. This move, conducted without disclosure to investors under Part 6D.2 of the Corporations Act 2001, aligns with the company’s compliance with relevant provisions, indicating a strategic step to bolster its financial position and support its ongoing projects in the resource sector.
Westar Resources Ltd. has announced the quotation of 59,808,721 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of October 30, 2025. This move is part of a previously announced transaction, potentially impacting the company’s operational capacity and market presence by increasing its capital base and liquidity.
Westar Resources Limited has released its Quarterly Activities Report for the September 2025 quarter, highlighting its exploration activities and strategic decisions. The company conducted a review of exploration data at the Gidgee North Project and decided to surrender several tenements that showed no potential for economic deposits, thus reducing holding costs. Additionally, Westar lodged a new tenement application in the NE Goldfields region and conducted a reconnaissance field visit, while maintaining a cash position of $0.95 million.
Westar Resources Ltd. reported a net cash outflow from operating activities of $183,000 for the quarter ending September 30, 2025, primarily due to exploration, evaluation, and administrative costs. The company also recorded a net cash outflow of $71,000 from investing activities, reflecting its continued investment in exploration and evaluation. These financial movements indicate Westar’s ongoing commitment to advancing its exploration projects, although they also highlight the cash challenges faced in the current operational phase.
Westar Resources Ltd has announced that its Annual General Meeting will be held on November 28, 2025, at their offices in West Perth. The company will not send physical copies of the meeting notice, opting instead for electronic distribution through their website and ASX announcements. Shareholders are encouraged to participate in person or by proxy, with instructions provided for proxy submissions. This move reflects Westar’s commitment to efficient and modern communication with its stakeholders.
Westar Resources Ltd. announced a proposed issuance of 240,191,279 ordinary fully paid securities, scheduled for November 28, 2025. This move is part of the company’s strategic efforts to enhance its capital base, potentially impacting its market position and offering new opportunities for stakeholders.
Westar Resources Ltd. announced a proposed issuance of 59,808,721 ordinary fully paid securities, scheduled for October 28, 2025. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
Westar Resources Ltd announced a successful capital raise of $1.5 million through a placement of 300 million shares at $0.005 each, representing a 42.8% discount to the 15-day volume weighted average price. The funds will be allocated towards exploration, general working capital, due diligence on new projects, and associated costs, with CPS Capital Group Pty Ltd acting as the lead manager for the placement.
Westar Resources Limited, a company listed on the Australian Securities Exchange, has requested a trading halt on its securities. This halt is pending an announcement concerning a significant capital raising initiative. The trading halt will remain in place until the announcement is made or until normal trading resumes on October 22, 2025. This move indicates a potentially impactful financial development for the company, which could influence its market position and stakeholder interests.
Westar Resources Limited has announced that its Annual General Meeting will be held on November 28, 2025. A key agenda item will be the re-election and appointment of directors, with nominations closing on October 17, 2025. This meeting is significant for stakeholders as it will shape the company’s leadership and potentially influence its strategic direction.