Annuncio • Apr 21
Hydrocarbon Dynamics Limited, Annual General Meeting, May 21, 2026 Hydrocarbon Dynamics Limited, Annual General Meeting, May 21, 2026. Annuncio • Apr 02
Hydrocarbon Dynamics Limited has filed a Follow-on Equity Offering in the amount of AUD 6.5 million. Hydrocarbon Dynamics Limited has filed a Follow-on Equity Offering in the amount of AUD 6.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 325,000,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012 Board Change • Oct 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Ray Shorrocks was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 13
First half 2025 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2024) First half 2025 results: EPS: AU$0 (improved from AU$0.001 loss in 1H 2024). Revenue: AU$159.6k (flat on 1H 2024). Net loss: AU$518.0k (loss narrowed 13% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Annuncio • Jul 17
Hydrocarbon Dynamics Limited has filed a Follow-on Equity Offering in the amount of AUD 0.71874 million. Hydrocarbon Dynamics Limited has filed a Follow-on Equity Offering in the amount of AUD 0.71874 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 359,369,760
Price\Range: AUD 0.002
Transaction Features: Rights Offering Board Change • May 19
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Ray Shorrocks was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • May 02
Hydrocarbon Dynamics Limited, Annual General Meeting, May 23, 2025 Hydrocarbon Dynamics Limited, Annual General Meeting, May 23, 2025. New Risk • Apr 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$868k free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m (AU$159k revenue, or US$96k). Market cap is less than US$10m (AU$2.16m market cap, or US$1.30m). Reported Earnings • Apr 01
Full year 2024 earnings released: AU$0.001 loss per share (vs AU$0.006 loss in FY 2023) Full year 2024 results: AU$0.001 loss per share (improved from AU$0.006 loss in FY 2023). Revenue: AU$173.8k (down 70% from FY 2023). Net loss: AU$996.4k (loss narrowed 72% from FY 2023). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Board Change • Mar 26
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Ray Shorrocks was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Mar 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m (AU$540k revenue, or US$341k). Market cap is less than US$10m (AU$2.78m market cap, or US$1.76m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Board Change • Jan 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Ray Shorrocks was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 08
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Ray Shorrocks was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 27
First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.004 loss in 1H 2023) First half 2024 results: AU$0.001 loss per share (improved from AU$0.004 loss in 1H 2023). Revenue: AU$159.4k (down 18% from 1H 2023). Net loss: AU$592.6k (loss narrowed 78% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. New Risk • Aug 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.4m free cash flow). Share price has been highly volatile over the past 3 months (45% average weekly change). Revenue is less than US$1m (AU$541k revenue, or US$364k). Market cap is less than US$10m (AU$2.43m market cap, or US$1.63m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding). Annuncio • Apr 30
Hydrocarbon Dynamics Limited, Annual General Meeting, May 29, 2024 Hydrocarbon Dynamics Limited, Annual General Meeting, May 29, 2024, at 09:30 E. Australia Standard Time. Location: Level 6, 412 Collins Street Melbourne Australia Agenda: To consider and approve the Financial Report, the Directors' Report and the Independent Auditor's Report of the Company for the financial year ended 31 December 2023; to consider and approve the remuneration report; to consider and approve the election of Directors; to consider and approve the ratification of prior share placement; to consider and approve to update the constitution; to consider and approve the 10% placement capacity; and to consider and approve any other matters. Reported Earnings • Mar 21
Full year 2023 earnings released: AU$0.006 loss per share (vs AU$0.003 loss in FY 2022) Full year 2023 results: AU$0.006 loss per share (further deteriorated from AU$0.003 loss in FY 2022). Revenue: AU$592.3k (up 71% from FY 2022). Net loss: AU$3.55m (loss widened 110% from FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Annuncio • Feb 07
Hydrocarbon Dynamics Limited has completed a Follow-on Equity Offering in the amount of AUD 0.175124 million. Hydrocarbon Dynamics Limited has completed a Follow-on Equity Offering in the amount of AUD 0.175124 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 38,916,451
Price\Range: AUD 0.0045 Annuncio • Jan 16
Hydrocarbon Dynamics Limited has filed a Follow-on Equity Offering in the amount of AUD 0.877 million. Hydrocarbon Dynamics Limited has filed a Follow-on Equity Offering in the amount of AUD 0.877 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 194,888,889
Price\Range: AUD 0.0045 Annuncio • Dec 30
Hydrocarbon Dynamics Limited has completed a Follow-on Equity Offering in the amount of AUD 0.54 million. Hydrocarbon Dynamics Limited has completed a Follow-on Equity Offering in the amount of AUD 0.54 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 120,000,000
Price\Range: AUD 0.0045
Discount Per Security: AUD 0.00027
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 16
First half 2023 earnings released: AU$0.004 loss per share (vs AU$0.002 loss in 1H 2022) First half 2023 results: AU$0.004 loss per share (further deteriorated from AU$0.002 loss in 1H 2022). Revenue: AU$193.6k (up 164% from 1H 2022). Net loss: AU$2.66m (loss widened 223% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 22
Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.008 loss in FY 2021) Full year 2022 results: AU$0.003 loss per share (improved from AU$0.008 loss in FY 2021). Revenue: AU$354.1k (up 452% from FY 2021). Net loss: AU$1.69m (loss narrowed 54% from FY 2021). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Ray Shorrocks was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • May 15
Insider recently sold AU$96k worth of stock On the 6th of May, Andrew Seaton sold around 3m shares on-market at roughly AU$0.032 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Ray Shorrocks was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 31
Full year 2021 earnings released: AU$0.008 loss per share (vs AU$0.006 loss in FY 2020) Full year 2021 results: AU$0.008 loss per share (down from AU$0.006 loss in FY 2020). Net loss: AU$3.69m (loss widened 80% from FY 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 10
First half 2021 earnings released: AU$0.007 loss per share (vs AU$0.004 loss in 1H 2020) First half 2021 results: Net loss: AU$3.20m (loss widened 189% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Annuncio • Jul 14
Valkor LLC entered into an agreement to acquire interests in the Utah oil sands project from Hydrocarbon Dynamics Limited (ASX:HCD) for $0.5 million. Valkor LLC entered into an agreement to acquire interests in the Utah oil sands project from Hydrocarbon Dynamics Limited (ASX:HCD) for $0.5 million on July 12, 2021. The consideration is paid in cash and an ongoing 2% revenue based royalty. HCD has received a deposit of $0.1 million associated with the sale. Valkor has also committed to test HCD’s technology in three wells in the project area within six months of the completion of the sale. The sale is scheduled to be concluded at the earlier of September 29, 2021 or when assignment documentation has been approved by the regulator. Executive Departure • Jun 03
Independent Non-Executive Director Andrew Seaton has left the company On the 26th of May, Andrew Seaton's tenure as Independent Non-Executive Director ended after 1.8 years in the role. As of March 2021, Andrew still personally held 4.69m shares (AU$103k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Jun 03
Independent Non-Executive Director Allan Ritchie has left the company On the 26th of May, Allan Ritchie's tenure as Independent Non-Executive Director ended after 4.1 years in the role. As of March 2021, Allan still personally held only 4.20m shares (AU$59k worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • Apr 01
Full year 2020 earnings released: AU$0.006 loss per share (vs AU$0.013 loss in FY 2019) Full year 2020 results: Net loss: AU$2.05m (loss narrowed 34% from FY 2019). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Annuncio • Nov 20
Hydrocarbon Dynamics Limited has completed a Follow-on Equity Offering in the amount of AUD 1.387583 million. Hydrocarbon Dynamics Limited has completed a Follow-on Equity Offering in the amount of AUD 1.387583 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 69,379,162
Price\Range: AUD 0.02
Transaction Features: Rights Offering Annuncio • Oct 13
Hydrocarbon Dynamics Limited Receives A Repeat Order from One of its New Distributors in Western Canada Associated with A Trial in Alberta Hydrocarbon Dynamics Limited announced that it has received a repeat order from one of its new distributors in Western Canada associated with a trial in Alberta. The pilot is with a midcap Canadian oil and gas producer that wanted to remediate and inhibit paraffin deposition issues plaguing wells and flowlines by using HCD Multi-Flow®. The trial was expanded in late July after positive results on a total of 15 wells. The distributor has reported the following results for the project: Production increased an average of ~13% across all wells, operating cost reduction projected to be >$0.50/BOE, significant reduction in quantity of chemical used (250ppm vs. ~1,250ppm), hot oiling has not been needed since Multi-Flow® applied, extended the time between solvent soaks, reduced frequency of pigging - `pigs have never looked cleaner and ceased need for demulsifier. The distributor has placed an order for a further ~A$80,000 of product, largely to continue treatment at the project discussed above. Continued success will improve the likelihood of both ongoing sales for this application as well as securing trials and sales to this producer in a larger producing field. 