View ValuationComet Ridge 将来の成長Future 基準チェック /26Comet Ridge利益と収益がそれぞれ年間39%と135.3%増加すると予測されています。EPS は年間 減少すると予想されています。自己資本利益率は 3 年後に-27.5% 37.4%なると予測されています。主要情報39.0%収益成長率-37.35%EPS成長率Oil and Gas 収益成長12.3%収益成長率135.3%将来の株主資本利益率-27.53%アナリストカバレッジLow最終更新日13 Jan 2026今後の成長に関する最新情報Breakeven Date Change • Aug 18Forecast to breakeven in 2028The 3 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$40.7m in 2028. Average annual earnings growth of 12% is required to achieve expected profit on schedule.Breakeven Date Change • Oct 14No longer forecast to breakevenThe 2 analysts covering Comet Ridge no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$24.9m in 2027. New consensus forecast suggests the company will make a loss of AU$178.0k in 2027.Breakeven Date Change • Sep 27No longer forecast to breakevenThe 3 analysts covering Comet Ridge no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$24.9m in 2027. New consensus forecast suggests the company will make a loss of AU$5.50m in 2027.Breakeven Date Change • Jun 30Forecast to breakeven in 2027The 2 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$24.9m in 2027. Average annual earnings growth of 51% is required to achieve expected profit on schedule.Breakeven Date Change • Dec 15Forecast to breakeven in 2026The 2 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$1.80m in 2026. Average annual earnings growth of 62% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. 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 • May 01Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. 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 • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Dec 18Comet Ridge Limited (ASX:COI) entered into a conditional sale and purchase agreement to acquire 42.86% stake in Mahalo Gas Project from Santos QNT Pty. Ltd. for AUD 60 million.Comet Ridge Limited (ASX:COI) entered into a conditional sale and purchase agreement to acquire 42.86% stake in Mahalo Gas Project from Santos QNT Pty. Ltd. for AUD 60 million on December 17, 2025. The total consideration consists of a Cash deposit of AUD 2 million payable to Santos within ten business days of the date of agreement, a Cash consideration of AUD 38 million payable to Santos at completion of the Acquisition, which is scheduled to be the earlier of the Final Investment Decision or June 30, 2026 and Up to two AUD 10 million contingent payments, with the first tranche payable after 10 PJ sales gas and the second tranche after 20 PJ sales gas from the Mahalo Gas Project. Following the completion, Comet Ridge Limited holds 100% stake in Mahalo Gas Project. In separate transaction, Eni Australia Limited acquired 42.71% Interest in the Petrel Fields and 100% in the Tern Fields in the Bonaparte Basin offshore Northern Australia from Santos Limited. The transaction is subject to Comet Ridge arranging funding for the Acquisition, any Comet Ridge shareholder approval required and other customary assignments and approvals. Taylor Collison Limited acted as financial and Corrs Chambers Westgarth acted as legal advisor for Comet Ridge.お知らせ • Sep 25Comet Ridge Limited, Annual General Meeting, Nov 14, 2025Comet Ridge Limited, Annual General Meeting, Nov 14, 2025.New Risk • Aug 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$155.5m (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$17m free cash flow). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$155.5m market cap, or US$100.0m).Board Change • Aug 18Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Breakeven Date Change • Aug 18Forecast to breakeven in 2028The 3 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$40.7m in 2028. Average annual earnings growth of 12% is required to achieve expected profit on schedule.New Risk • Feb 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor 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 Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$178k net loss in 3 years). Shareholders have been diluted in the past year (18% increase in shares outstanding).Board Change • Feb 04Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. 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 • Dec 31Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Dec 12Comet Ridge Limited has completed a Follow-on Equity Offering in the amount of AUD 12.028 million.Comet Ridge Limited has completed a Follow-on Equity Offering in the amount of AUD 12.028 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 85,914,286 Price\Range: AUD 0.14 Discount Per Security: AUD 0.007 Transaction Features: Subsequent Direct ListingNew Risk • Oct 14New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$7.2m Forecast net loss in 3 years: AU$178k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. 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$7.8m free cash flow). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$178k net loss in 3 years). Shareholders have been diluted in the past year (9.6% increase in shares outstanding).Breakeven Date Change • Oct 14No longer forecast to breakevenThe 2 analysts covering Comet Ridge no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$24.9m in 2027. New consensus forecast suggests the company will make a loss of AU$178.0k in 2027.お知らせ • Oct 03Comet Ridge Limited, Annual General Meeting, Nov 25, 2024Comet Ridge Limited, Annual General Meeting, Nov 25, 2024.Breakeven Date Change • Sep 27No longer forecast to breakevenThe 3 analysts covering Comet Ridge no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$24.9m in 2027. New consensus forecast suggests the company will make a loss of AU$5.50m in 2027.New Risk • Sep 26New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$7.8m 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$7.8m free cash flow). Revenue is less than US$1m (AU$196k revenue, or US$134k). Minor Risk Shareholders have been diluted in the past year (9.6% increase in shares outstanding).Breakeven Date Change • Jun 30Forecast to breakeven in 2027The 2 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$24.9m in 2027. Average annual earnings growth of 51% is required to achieve expected profit on schedule.お知らせ • Feb 14Comet Ridge Limited has completed a Follow-on Equity Offering in the amount of AUD 15.045 million.Comet Ridge Limited has completed a Follow-on Equity Offering in the amount of AUD 15.045 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 88,500,000 Price\Range: AUD 0.17 Discount Per Security: AUD 0.0085 Transaction Features: Subsequent Direct ListingBreakeven Date Change • Dec 15Forecast to breakeven in 2026The 2 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$1.80m in 2026. Average annual earnings growth of 62% is required to achieve expected profit on schedule.New Risk • Nov 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$151.6m (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$9.2m free cash flow). Earnings are forecast to decline by an average of 22% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$9.9m net loss in 2 years). Market cap is less than US$100m (AU$151.6m market cap, or US$98.0m).お知らせ • Oct 05Comet Ridge Limited, Annual General Meeting, Nov 22, 2023Comet Ridge Limited, Annual General Meeting, Nov 22, 2023, at 15:00 E. Australia Standard Time.New Risk • Jul 03New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$11m 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$11m free cash flow). Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Revenue is less than US$1m (AU$6.0k revenue, or US$4.0k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$8.4m net loss in 2 years). Shareholders have been diluted in the past year (17% increase in shares outstanding).Recent Insider Transactions • Mar 01MD & Director recently bought AU$50k worth of stockOn the 23rd of February, Tor McCaul bought around 371k shares on-market at roughly AU$0.14 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Tor's only on-market trade for the last 12 months.お知らせ • Jan 31Comet Ridge Limited Announces Mahalo North Dev Plan UpdateComet Ridge Limited advised that it has progressed discussions with Denison Gas Limited (Denison) for Comet Ridge to transport gas from Mahalo North via the nearby Denison compression and dehydration plant and pipeline infrastructure (Infrastructure). The parties have appointed Verbrec Infrastructure Services Pty Ltd. (Verbrec) to undertake a Front-End Engineering Design (FEED) study which is being jointly funded by Comet Ridge and Denison. The intent of the FEED study is to undertake process design, equipment selection, develop plant layout, project scope, schedule and budget for the Denison Infrastructure upgrade to accommodate the supply of 10 Terajoules/day (TJ/d) of gas production from the Mahalo North Early Production Scheme (EPS) within ATP 2048. Once the results of the FEED study are finalised, Comet Ridge and Denison will finalise the commercial arrangements under which Denison will compress, dehydrate and transport Mahalo North gas production, enabling Comet Ridge to move the project very quickly from recent appraisal and reserves certification activities, through development, and onto gas sales.Board Change • Nov 17No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. No independent directors (6 non-independent directors). Non-Executive Director Shaun Scott was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Shaun Scott was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.業績と収益の成長予測CHIA:COI - アナリストの将来予測と過去の財務データ ( )AUD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数6/30/2028633-28726/30/20275-12-85-1126/30/2026N/A-8-8-7312/31/2025-2-5-12-4N/A9/30/2025-1-4-15-4N/A6/30/2025N/A-4-18-4N/A12/31/20243-2-17-5N/A9/30/20241-5-12-4N/A6/30/2024N/A-7-8-4N/A3/31/2024N/A-8-8-4N/A12/31/2023N/A-9-7-4N/A9/30/2023N/A-8-8-4N/A6/30/2023N/A-7-9-4N/A3/31/2023N/A-8-10-3N/A12/31/2022N/A-10-11-3N/A9/30/2022N/A-9-11-3N/A6/30/2022N/A-9-12-3N/A3/31/20220-8-10-3N/A12/31/20210-6-8-3N/A9/30/20210-7-6-3N/A6/30/20210-7-4-2N/A3/31/20210-9-7-2N/A12/31/20200-11-10-1N/A9/30/20200-11-15-2N/A6/30/2020N/A-10-19-2N/A3/31/20200-7-21-3N/A12/31/20190-4-22-3N/A9/30/20190-4N/A-3N/A6/30/2019N/A-4N/A-2N/A3/31/2019N/A-4N/A-2N/A12/31/2018N/A-3N/A-1N/A9/30/2018N/A-3N/A-1N/A6/30/2018N/A-2N/A-2N/A3/31/2018N/A-3N/A-2N/A12/31/2017N/A-3N/A-2N/A9/30/2017N/A-3N/A-2N/A6/30/2017N/A-4N/A-1N/A3/31/20170-4N/A-1N/A12/31/20160-4N/A-2N/A9/30/20160-4N/A-2N/A6/30/20160-4N/A-2N/A3/31/20160-11N/A-1N/A12/31/20150-19N/A-1N/A9/30/20150-19N/A-1N/A6/30/20150-19N/A-1N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: COI今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: COI今後 3 年間、利益が出ない状態が続くと予測されています。高成長収益: COI今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: COIの収益 ( 135.3% ) Australian市場 ( 6.2% ) よりも速いペースで成長すると予測されています。高い収益成長: COIの収益 ( 135.3% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: COI 3 年以内に赤字になると予測されています。成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 18:14終値2026/05/26 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Comet Ridge Limited 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関Stuart HoweBell PotterJohn YoungCanaccord Genuity Historic (Wilsons Advisory and Stockbroking Ltd.Adrian PrendergastMorgans Financial Limited4 その他のアナリストを表示
Breakeven Date Change • Aug 18Forecast to breakeven in 2028The 3 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$40.7m in 2028. Average annual earnings growth of 12% is required to achieve expected profit on schedule.
Breakeven Date Change • Oct 14No longer forecast to breakevenThe 2 analysts covering Comet Ridge no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$24.9m in 2027. New consensus forecast suggests the company will make a loss of AU$178.0k in 2027.
Breakeven Date Change • Sep 27No longer forecast to breakevenThe 3 analysts covering Comet Ridge no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$24.9m in 2027. New consensus forecast suggests the company will make a loss of AU$5.50m in 2027.
Breakeven Date Change • Jun 30Forecast to breakeven in 2027The 2 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$24.9m in 2027. Average annual earnings growth of 51% is required to achieve expected profit on schedule.
Breakeven Date Change • Dec 15Forecast to breakeven in 2026The 2 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$1.80m in 2026. Average annual earnings growth of 62% is required to achieve expected profit on schedule.
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. 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 • May 01Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. 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 • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Dec 18Comet Ridge Limited (ASX:COI) entered into a conditional sale and purchase agreement to acquire 42.86% stake in Mahalo Gas Project from Santos QNT Pty. Ltd. for AUD 60 million.Comet Ridge Limited (ASX:COI) entered into a conditional sale and purchase agreement to acquire 42.86% stake in Mahalo Gas Project from Santos QNT Pty. Ltd. for AUD 60 million on December 17, 2025. The total consideration consists of a Cash deposit of AUD 2 million payable to Santos within ten business days of the date of agreement, a Cash consideration of AUD 38 million payable to Santos at completion of the Acquisition, which is scheduled to be the earlier of the Final Investment Decision or June 30, 2026 and Up to two AUD 10 million contingent payments, with the first tranche payable after 10 PJ sales gas and the second tranche after 20 PJ sales gas from the Mahalo Gas Project. Following the completion, Comet Ridge Limited holds 100% stake in Mahalo Gas Project. In separate transaction, Eni Australia Limited acquired 42.71% Interest in the Petrel Fields and 100% in the Tern Fields in the Bonaparte Basin offshore Northern Australia from Santos Limited. The transaction is subject to Comet Ridge arranging funding for the Acquisition, any Comet Ridge shareholder approval required and other customary assignments and approvals. Taylor Collison Limited acted as financial and Corrs Chambers Westgarth acted as legal advisor for Comet Ridge.
お知らせ • Sep 25Comet Ridge Limited, Annual General Meeting, Nov 14, 2025Comet Ridge Limited, Annual General Meeting, Nov 14, 2025.
New Risk • Aug 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$155.5m (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$17m free cash flow). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$155.5m market cap, or US$100.0m).
Board Change • Aug 18Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Breakeven Date Change • Aug 18Forecast to breakeven in 2028The 3 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$40.7m in 2028. Average annual earnings growth of 12% is required to achieve expected profit on schedule.
New Risk • Feb 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor 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 Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$178k net loss in 3 years). Shareholders have been diluted in the past year (18% increase in shares outstanding).
Board Change • Feb 04Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. 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 • Dec 31Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Director Shaun Scott was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Dec 12Comet Ridge Limited has completed a Follow-on Equity Offering in the amount of AUD 12.028 million.Comet Ridge Limited has completed a Follow-on Equity Offering in the amount of AUD 12.028 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 85,914,286 Price\Range: AUD 0.14 Discount Per Security: AUD 0.007 Transaction Features: Subsequent Direct Listing
New Risk • Oct 14New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$7.2m Forecast net loss in 3 years: AU$178k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. 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$7.8m free cash flow). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$178k net loss in 3 years). Shareholders have been diluted in the past year (9.6% increase in shares outstanding).
Breakeven Date Change • Oct 14No longer forecast to breakevenThe 2 analysts covering Comet Ridge no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$24.9m in 2027. New consensus forecast suggests the company will make a loss of AU$178.0k in 2027.
お知らせ • Oct 03Comet Ridge Limited, Annual General Meeting, Nov 25, 2024Comet Ridge Limited, Annual General Meeting, Nov 25, 2024.
Breakeven Date Change • Sep 27No longer forecast to breakevenThe 3 analysts covering Comet Ridge no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$24.9m in 2027. New consensus forecast suggests the company will make a loss of AU$5.50m in 2027.
New Risk • Sep 26New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$7.8m 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$7.8m free cash flow). Revenue is less than US$1m (AU$196k revenue, or US$134k). Minor Risk Shareholders have been diluted in the past year (9.6% increase in shares outstanding).
Breakeven Date Change • Jun 30Forecast to breakeven in 2027The 2 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$24.9m in 2027. Average annual earnings growth of 51% is required to achieve expected profit on schedule.
お知らせ • Feb 14Comet Ridge Limited has completed a Follow-on Equity Offering in the amount of AUD 15.045 million.Comet Ridge Limited has completed a Follow-on Equity Offering in the amount of AUD 15.045 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 88,500,000 Price\Range: AUD 0.17 Discount Per Security: AUD 0.0085 Transaction Features: Subsequent Direct Listing
Breakeven Date Change • Dec 15Forecast to breakeven in 2026The 2 analysts covering Comet Ridge expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$1.80m in 2026. Average annual earnings growth of 62% is required to achieve expected profit on schedule.
New Risk • Nov 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$151.6m (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$9.2m free cash flow). Earnings are forecast to decline by an average of 22% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$9.9m net loss in 2 years). Market cap is less than US$100m (AU$151.6m market cap, or US$98.0m).
お知らせ • Oct 05Comet Ridge Limited, Annual General Meeting, Nov 22, 2023Comet Ridge Limited, Annual General Meeting, Nov 22, 2023, at 15:00 E. Australia Standard Time.
New Risk • Jul 03New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$11m 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$11m free cash flow). Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Revenue is less than US$1m (AU$6.0k revenue, or US$4.0k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$8.4m net loss in 2 years). Shareholders have been diluted in the past year (17% increase in shares outstanding).
Recent Insider Transactions • Mar 01MD & Director recently bought AU$50k worth of stockOn the 23rd of February, Tor McCaul bought around 371k shares on-market at roughly AU$0.14 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Tor's only on-market trade for the last 12 months.
お知らせ • Jan 31Comet Ridge Limited Announces Mahalo North Dev Plan UpdateComet Ridge Limited advised that it has progressed discussions with Denison Gas Limited (Denison) for Comet Ridge to transport gas from Mahalo North via the nearby Denison compression and dehydration plant and pipeline infrastructure (Infrastructure). The parties have appointed Verbrec Infrastructure Services Pty Ltd. (Verbrec) to undertake a Front-End Engineering Design (FEED) study which is being jointly funded by Comet Ridge and Denison. The intent of the FEED study is to undertake process design, equipment selection, develop plant layout, project scope, schedule and budget for the Denison Infrastructure upgrade to accommodate the supply of 10 Terajoules/day (TJ/d) of gas production from the Mahalo North Early Production Scheme (EPS) within ATP 2048. Once the results of the FEED study are finalised, Comet Ridge and Denison will finalise the commercial arrangements under which Denison will compress, dehydrate and transport Mahalo North gas production, enabling Comet Ridge to move the project very quickly from recent appraisal and reserves certification activities, through development, and onto gas sales.
Board Change • Nov 17No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. No independent directors (6 non-independent directors). Non-Executive Director Shaun Scott was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Shaun Scott was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.