Reabold Resources (RBD) AI Stock Analysis

• Market Cap: £9.17M
• Dividend Yield: N/A
• Average Volume (3M): 34.29M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.97
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 4
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 10,194,413,000
• 10 Day Avg. Volume: 13,062,150
• 30 Day Avg. Volume: 34,287,487
• PEG Ratio: 0.02
• Price to Book (P/B): 0.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.89
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: 0.09p ▲(82.00% Upside)
• Action: Reiterated Date: 01/10/26
• Date: Action: Reiterated 01/10/26

The score is held down primarily by weak financial performance (zero revenue, ongoing losses, and cash burn), despite a low-debt balance sheet. Technicals are supportive with strong momentum, but extremely overbought signals increase pullback risk. Valuation is constrained by negative earnings and no dividend yield data.

Positive Factors

Low leverage / strong balance sheet

A near-zero debt profile and low debt-to-equity ratio provide durable financial flexibility. This reduces bankruptcy risk, supports funding of selective portfolio opportunities or farm-ins without high interest burdens, and gives time to monetise assets across commodity cycles.

Investment-focused operating model

A strategy centered on taking stakes and providing technical/strategic oversight limits capital intensity and operating overhead versus direct production. That allows scalable portfolio construction, quicker reallocation of capital, and reliance on partners for execution—supporting durable capital-efficiency.

Improving loss trajectory in 2024

Narrowed losses in 2024 indicate management has begun to reduce cash burn or realise value from investments. If sustained, this trend materially improves runway and the probability of reaching break-even or funding monetisation events without frequent external equity raises.

Negative Factors

Zero revenue in 2023–2024

The absence of recurring revenue undermines predictability and operating self-sufficiency. Long-term value relies on intermittent monetisation events or asset sales, leaving the company exposed to timing risk, commodity cycles, and counterparties when converting asset value into cash.

Consistent negative operating and free cash flow

Persistent negative operating and free cash flow signals structural cash burn and an inability to self-fund operations or portfolio activity. Over months this increases dependence on external financing, dilutive equity raises, or asset disposals, constraining strategic optionality.

Eroding equity and negative returns on equity

Declining equity alongside negative ROE reflects shareholder value erosion from sustained losses. This impairs the balance sheet buffer over time, can raise financing costs, and makes it harder to raise capital on favourable terms when funding is required for monetisation or new investments.

Reabold Resources Business Overview & Revenue Model

Company Description

Reabold Resources Plc invests in upstream oil and gas projects. Its exploration licenses include PEDL 183 license area situated in the United Kingdom; Monroe Swell and West Brentwood license areas located in the United States; and Parta exploration license area situated in Romania. The company was formerly known as Adventis Group plc and changed its name to Reabold Resources Plc in December 2012. Reabold Resources Plc was incorporated in 1998 and is based in London, the United Kingdom.

How the Company Makes Money

Reabold Resources Financial Statement Overview

Summary

Overall financial quality is weak: revenue fell to zero in 2023–2024 with persistent net losses and negative operating/free cash flow. The main offset is a relatively solid, low-leverage balance sheet with minimal debt, though equity has been trending down.

Income Statement

The income statement is weak, driven by a collapse to zero revenue in 2023–2024 (annual reports), following already small revenue in 2020–2022. Profitability is consistently negative, with sizable operating losses and net losses each year; 2024 net income improved versus 2023, but losses remain large and the business is still not generating gross profit.

Balance Sheet

The balance sheet looks relatively solid from a leverage standpoint, with extremely low debt (near-zero in most years and minimal in 2024) and a very low debt-to-equity ratio. Equity and assets are sizeable relative to debt, providing financial flexibility; however, equity has trended down from 2022 to 2024 and returns on equity are consistently negative, reflecting ongoing losses eroding shareholder value.

Cash Flow

Cash flow quality is pressured by consistently negative operating cash flow and negative free cash flow across 2020–2024, indicating the company is not self-funding operations. Free cash flow was roughly flat from 2022–2023 but deteriorated in 2024, and negative operating cash flow alongside net losses suggests continued cash burn risk, even though 2024 losses narrowed versus 2023.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	560.00K	1.16M	1.03M
Gross Profit	0.00	-48.00K	-15.00K	-290.00K	-166.00K	4.00K
EBITDA	-2.30M	-2.11M	-6.60M	289.00K	-1.55M	-1.01M
Net Income	-2.85M	-3.40M	-7.19M	-45.00K	-2.67M	-2.67M
Balance Sheet
Total Assets	43.89M	39.58M	43.16M	47.14M	47.41M	39.68M
Cash, Cash Equivalents and Short-Term Investments	3.99M	6.25M	9.78M	14.24M	4.88M	1.14M
Total Debt	27.00K	47.00K	0.00	0.00	0.00	0.00
Total Liabilities	2.18M	715.00K	983.00K	676.00K	914.00K	759.00K
Stockholders Equity	37.53M	38.87M	42.17M	46.46M	46.49M	38.92M
Cash Flow
Free Cash Flow	-2.42M	-2.56M	-2.56M	-2.50M	-2.58M	-5.18M
Operating Cash Flow	-2.06M	-2.27M	-2.16M	-1.78M	-1.04M	-1.65M
Investing Cash Flow	-1.51M	3.21M	2.29M	2.42M	-2.05M	-4.00M
Financing Cash Flow	-42.00K	-110.00K	-263.00K	0.00	6.88M	1.00K

Reabold Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
UJO	58 Neutral	£5.35M	-4.82	-2.88%	―	―	―
UOG	52 Neutral	£8.31M	-4.18	-16.07%	―	―	―
RBD	47 Neutral	£9.17M	-1.04	-7.32%	―	―	―
NOG	46 Neutral	£5.59M	-0.04	―	―	-10.73%	24.24%
DELT	41 Neutral	£4.89M	-1.60	-215.74%	―	―	―

Reabold Resources Corporate Events

Reabold Secures Formal Italian Approval for Colle Santo Small-Scale LNG Plan

Reabold Resources has announced that Italy’s Ministry for the Environment and Energy Security has issued a favourable formal decree for LNEnergy Limited’s small-scale LNG development plan at the Colle Santo gas project, following an earlier positive opinion from the ministry in August 2025. The formal approval marks a key regulatory milestone for one of Reabold’s strategic gas investments in Europe and reinforces the company’s positioning in supply-focused gas projects aimed at bolstering regional energy security, potentially supporting future value creation for shareholders as the project advances.

The most recent analyst rating on (GB:RBD) stock is a Hold with a £0.05 price target. To see the full list of analyst forecasts on Reabold Resources stock, see the GB:RBD Stock Forecast page.

Reabold Resources Enhances Shareholder Engagement with New Investor Hub

Reabold Resources has launched an interactive investor hub to improve communication and engagement with shareholders. This platform consolidates all Reabold content, including regulatory announcements, reports, and educational materials, and allows stakeholders to interact directly with the company. This initiative aims to provide deeper insights into Reabold’s objectives and activities, potentially strengthening its relationship with investors and enhancing its market position.