Breakdown | ||||
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
186.23K | 572.17K | 1.81M | 816.70K | 1.49M | Gross Profit |
76.36K | -1.01M | 695.10K | 324.93K | 710.94K | EBIT |
-1.53M | -1.20M | -826.05K | -1.43M | -870.61K | EBITDA |
-1.32M | -1.86M | -2.19M | -1.18M | -4.73M | Net Income Common Stockholders |
-2.14M | -2.13M | -2.45M | -1.36M | -4.84M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
873.37K | 575.97K | 2.35M | 2.29M | 324.34K | Total Assets |
9.45M | 8.67M | 8.60M | 7.72M | 3.03M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
-873.37K | -520.61K | -2.35M | -2.29M | -230.59K | Total Liabilities |
2.41M | 1.38M | 1.32M | 400.15K | 569.36K | Stockholders Equity |
7.04M | 7.29M | 7.28M | 7.32M | 2.46M |
Cash Flow | Free Cash Flow | |||
-1.47M | -3.63M | -2.08M | -3.32M | -1.19M | Operating Cash Flow |
0.00 | -1.21M | -495.29K | -1.07M | -480.85K | Investing Cash Flow |
-962.15K | -2.57M | -1.59M | -2.98M | -706.22K | Financing Cash Flow |
1.86M | 1.93M | 2.04M | 6.11M | 593.69K |
Mosman Oil and Gas Limited has announced several key updates, including the appointment of Graham Duncan as an independent Non-Executive Director and Tina Loh as Company Secretary. These appointments, along with a change in the company’s registered office address, are part of Mosman’s strategic efforts to enhance its governance and operational capabilities, potentially impacting its market positioning and stakeholder engagement.
Spark’s Take on GB:MSMN Stock
According to Spark, TipRanks’ AI Analyst, GB:MSMN is a Neutral.
Mosman Oil and Gas is navigating financial instability with negative profitability, which significantly weighs down its stock score. However, the company’s strategic shift towards helium projects provides a positive outlook for future growth. Despite technical indicators suggesting limited momentum, the absence of debt and favorable corporate developments offer some stabilization. Valuation remains challenging due to ongoing losses.
To see Spark’s full report on GB:MSMN stock, click here.
Mosman Oil and Gas Limited announced that historic gas sample data from the Sagebrush Project in Colorado confirms the presence of helium and methane, indicating potential for commercial production. The company plans to conduct a production feasibility study and explore cost-effective methods for helium separation and transportation, with the possibility of utilizing existing infrastructure. This development could enhance Mosman’s market positioning by expanding its helium production capabilities and leveraging existing assets.
Spark’s Take on GB:MSMN Stock
According to Spark, TipRanks’ AI Analyst, GB:MSMN is a Neutral.
Mosman Oil and Gas’s overall score is driven down by its financial instability and negative valuation metrics. Despite strategic shifts towards helium projects, the company faces persistent challenges in profitability and cash flow, overshadowing its operational potential. Technical indicators provide little support for a positive outlook.
To see Spark’s full report on GB:MSMN stock, click here.
Mosman Oil and Gas Limited has announced an update on the Vecta Helium Project in Colorado, USA, where drilling of five exploration wells is set to commence in mid-May. The company is optimistic about the prospects, particularly due to the historical helium concentrations in the area and positive results from nearby projects, which could enhance its industry positioning and stakeholder value.
Spark’s Take on GB:MSMN Stock
According to Spark, TipRanks’ AI Analyst, GB:MSMN is a Neutral.
Mosman Oil and Gas struggles with financial instability and negative valuation metrics, despite strategic shifts towards helium projects. Technical indicators are not favorable, suggesting caution. The company’s lack of profitability and cash flow challenges overshadow its strategic initiatives and operational potential.
To see Spark’s full report on GB:MSMN stock, click here.
Mosman Oil and Gas Limited announced its participation in the Mello Monday virtual investor event on April 7, 2025, where CEO Andy Carroll will present and take questions. This event is part of Mosman’s efforts to engage with investors and stakeholders, reflecting its ongoing commitment to transparency and communication regarding its strategic objectives and operations.
Mosman Oil and Gas Limited reported a net loss of $2.54 million for the six months ending December 31, 2024, primarily due to impairments and losses from discontinued operations. The company focused on expanding its helium exploration projects in the USA, including acquiring additional interests in the Vecta Helium Project and the Sagebrush Project in Colorado. Mosman also streamlined its portfolio by selling certain Australian assets and converting interests to royalties, aiming to strengthen its working capital position. These strategic moves are intended to enhance Mosman’s focus on helium projects, which are seen as having significant growth potential.
Mosman Oil and Gas Limited announced updates on its US helium projects, highlighting the first revenue from the Sagebrush project, with January 2025 gross revenue at US$53,974. The company is also advancing the Vecta project, awaiting regulatory clarity for drilling, and has identified multiple drilling targets at the Coyote Wash Project. These developments indicate Mosman’s strategic efforts to enhance its operational cash flow and strengthen its positioning in the helium exploration industry.
Mosman Oil and Gas Limited has announced the receipt of its first revenue from the Sagebrush project, marking a significant milestone in its operations. The company is also progressing with technical evaluations and reprocessing seismic data for its Coyote Wash Project, aiming to define new drilling opportunities. Meanwhile, the Vecta Project faces delays due to regulatory requirements, but Mosman is actively seeking clarity on the drilling schedule. These developments highlight Mosman’s strategic focus on enhancing cash flow and exploring new prospects, positioning the company for potential growth in the helium and hydrocarbon sectors.
Mosman Oil and Gas Limited announced progress on selling its Australian assets and identified new drilling opportunities in its Coyote Wash lease in Colorado. The company is advancing technical work on its US projects, including the Coyote Wash and Sagebrush projects, and is in the process of finalizing the sale of its EP-145 and EPA-155 projects in Australia. Additionally, Mosman appointed Carl Dumbrell as the new Chairman of the Board, signaling a strategic move to guide the company through its next growth phase.
Mosman Oil and Gas has entered into a formal share sale and purchase agreement concerning the EPA-155 project, receiving a AU$50,000 non-refundable deposit. This strategic move allows Mosman to secure royalties, reduce operating costs, and focus on lower-cost exploration opportunities in the U.S., where established helium infrastructure and growing markets exist.