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Standard Lithium Ltd (SLI)
:SLI
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.03Last Year’s EPS
-0.04Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 28, 2020
|% Change Since: -18.45%
|Next Earnings Date:May 27, 2019
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements, including securing substantial government funding and strategic partnerships, while addressing operational efficiencies and strengthening financial performance. Though there are challenges with the royalty process and market uncertainties, the positive developments suggest a promising outlook.Company Guidance
During Standard Lithium's Q1 2025 earnings call, the company provided substantial guidance on its strategic progress and financial health. The firm has secured a $225 million conditional grant from the U.S. Department of Energy for its South West Arkansas project, a significant milestone that underscores the project's potential. The company plans to finalize this grant by mid-January 2025. Executives highlighted their partnership with Equinor and the deployment of Koch Technology Solutions' Li-Pro LSS technology, which guarantees lithium recoveries of at least 95%. Financially, the company reported a net loss of $4.8 million for the quarter, a reduction from the $7.3 million loss in the previous year, attributing this improvement to operational efficiencies at their demonstration plant. Standard Lithium ended the quarter with $28.9 million in cash and a strong working capital balance of $24.7 million, positioning them well for future growth. The firm aims to secure additional funding through a blend of offtake agreements, project debt, and equity financing while continuing to focus on advancing both their Arkansas and East Texas lithium projects.Government Funding Secured
Standard Lithium secured a $225 million conditional grant from the U.S. Department of Energy for the South West Arkansas project, one of the largest grants awarded to a U.S. critical minerals project.
Strategic Partnership with Equinor
Partnership with Equinor validated the quality of the SMACOVER asset and the direct lithium extraction process.
Successful Technology Integration
The company entered an agreement with Koch Technology Solutions to deploy LSS technology, guaranteeing lithium recoveries of at least 95%.
Improved Financial Performance
Net loss reduced from $7.3 million in Q1 2023 to $4.8 million in Q1 2024 due to operational efficiencies and reduced reliance on outsourced services.
Strong Cash Position
Ended the quarter with $28.9 million in cash and a working capital balance of approximately $24.7 million.
Positive Progress in East Texas
Recent drill results in East Texas showed lithium concentrations up to 806 mg/L, indicating a globally significant resource.
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SLI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SLI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $2.06 | $1.96 | -4.85% |
| Sep 24, 2024 | $1.68 | $1.53 | -8.93% |
| May 09, 2024 | $1.33 | $1.56 | +17.29% |
| Feb 08, 2024 | $1.52 | $1.46 | -3.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Standard Lithium Ltd (SLI) report earnings?
Standard Lithium Ltd (SLI) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Standard Lithium Ltd (SLI) earnings time?
Standard Lithium Ltd (SLI) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SLI EPS forecast?
SLI EPS forecast for the fiscal quarter 2025 (Q2) is -0.03.
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