View ValuationAustralian Vanadium 将来の成長Future 基準チェック /06Australian Vanadium利益と収益がそれぞれ年間35%と113%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に-1.2% 34.1%なると予測されています。主要情報35.0%収益成長率34.15%EPS成長率Metals and Mining 収益成長17.7%収益成長率113.0%将来の株主資本利益率-1.22%アナリストカバレッジLow最終更新日18 Dec 2025今後の成長に関する最新情報Breakeven Date Change • 4hNo longer forecast to breakevenThe analyst covering Australian Vanadium no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$15.9m in 2028. New forecast suggests the company will make a loss of AU$20.1m in 2028.すべての更新を表示Recent updatesBreakeven Date Change • 4hNo longer forecast to breakevenThe analyst covering Australian Vanadium no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$15.9m in 2028. New forecast suggests the company will make a loss of AU$20.1m in 2028.お知らせ • Mar 12Australian Vanadium Limited has completed a Follow-on Equity Offering in the amount of AUD 7.500151 million.Australian Vanadium Limited has completed a Follow-on Equity Offering in the amount of AUD 7.500151 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 28,846,736 Price\Range: AUD 0.26 Discount Per Security: AUD 0.0156 Transaction Features: Subsequent Direct Listingお知らせ • Sep 25Australian Vanadium Limited, Annual General Meeting, Nov 20, 2025Australian Vanadium Limited, Annual General Meeting, Nov 20, 2025.New Risk • Sep 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 35% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$28m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings are forecast to decline by an average of 35% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (AU$29m net loss in 3 years). Market cap is less than US$100m (€74.7m market cap, or US$83.6m).New Risk • Sep 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$28m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (AU$21m net loss in 3 years). Market cap is less than US$100m (€74.5m market cap, or US$83.2m).お知らせ • Sep 24Australian Vanadium Limited, Annual General Meeting, Nov 21, 2024Australian Vanadium Limited, Annual General Meeting, Nov 21, 2024.New Risk • Jul 01New 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$28m 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$28m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$21m net loss in 3 years). Market cap is less than US$100m (€80.4m market cap, or US$86.2m).New Risk • Apr 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 27% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings are forecast to decline by an average of 27% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$28m). Currently unprofitable and not forecast to become profitable over next 2 years (AU$14m net loss in 2 years). Market cap is less than US$100m (€73.4m market cap, or US$78.7m).お知らせ • Feb 03Australian Vanadium Limited (ASX:AVL) completed the acquisition of Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others.Australian Vanadium Limited (ASX:AVL) entered into a scheme of arrangement to acquire Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others for AUD 84.4 million on September 23, 2023. TMT Shareholders will receive 12 AVL Shares for every TMT Share held on the Scheme record date. This implies an offer price of AUD 0.324 per TMT Share based on AVL’s last close price of AUD 0.027. AVL Board to be complemented with the addition of Jo Gaines as a Non-Executive Director. Ian Prentice to join AVL’s executive management team and will be initially focused on the integration of the two adjoining projects. All directors on the TMT Board other than the AVL nominees will resign. Post-acquisition, existing AVL shareholders will hold 58% of the combined group and existing TMT Shareholders will hold 42% of the combined group. Under the Scheme Implementation Deed, a liquidated amount (or break fee) of AUD 839,900 may become payable by AVL to TMT in certain circumstances. In addition, a liquidated amount (or break fee) of AUD 839,900 may become payable by TMT to AVL in certain circumstances. The combined group will continue to trade as Australian Vanadium Limited on the ASX. The transaction is subject to approval being obtained from TMT Shareholders, court approval, AVL raising at least AUD 15 million under the Placement, the Independent Expert issues an Independent Expert’s Report and other conditions customary for a transaction of this nature. The Scheme is unanimously recommended by the TMT Board. The transaction is expected to close by January / February 2024. Macquarie Capital acted as financial adviser and Christian Owen of Corrs Chambers Westgarth acted as legal adviser to Australian Vanadium. Sternship Advisers and Argonaut PCF acted as financial advisers and James Nicholls of DLA Piper acted as legal adviser to TMT. Automic Pty Ltd acted as Registry to Technology Metals Australia. Australian Vanadium Limited (ASX:AVL) completed the acquisition of Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others on February 1, 2024,New Risk • Feb 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 97% 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$17m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Revenue is less than US$1m (AU$31k revenue, or US$20k).お知らせ • Sep 29Australian Vanadium Limited, Annual General Meeting, Nov 16, 2023Australian Vanadium Limited, Annual General Meeting, Nov 16, 2023.Reported Earnings • Sep 28Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in FY 2022)Full year 2023 results: AU$0.002 loss per share (further deteriorated from AU$0.001 loss in FY 2022). Net loss: AU$7.24m (loss widened 44% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.お知らせ • Sep 26Australian Vanadium Limited (ASX:AVL) entered into a scheme of arrangement to acquire Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others for AUD 83.7 million.Australian Vanadium Limited (ASX:AVL) entered into a scheme of arrangement to acquire Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others for AUD 83.7 million on September 23, 2023. TMT Shareholders will receive 12 AVL Shares for every TMT Share held on the Scheme record date. This implies an offer price of AUD 0.324 per TMT Share based on AVL’s last close price of AUD 0.027. AVL Board to be complemented with the addition of Jo Gaines as a Non-Executive Director. Ian Prentice to join AVL’s executive management team and will be initially focused on the integration of the two adjoining projects. All directors on the TMT Board other than the AVL nominees will resign. Post-acquisition, existing AVL shareholders will hold 58% of the combined group and existing TMT Shareholders will hold 42% of the combined group. Under the Scheme Implementation Deed, a liquidated amount (or break fee) of AUD 839,900 may become payable by AVL to TMT in certain circumstances. In addition, a liquidated amount (or break fee) of AUD 839,900 may become payable by TMT to AVL in certain circumstances. The combined group will continue to trade as Australian Vanadium Limited on the ASX. The transaction is subject to approval being obtained from TMT Shareholders, court approval, AVL raising at least AUD 15 million under the Placement, the Independent Expert issues an Independent Expert’s Report and other conditions customary for a transaction of this nature. The Scheme is unanimously recommended by the TMT Board. The transaction is expected to close by January / February 2024. Macquarie Capital acted as financial adviser and Christian Owen of Corrs Chambers Westgarth acted as legal adviser to Australian Vanadium. Sternship Advisers and Argonaut PCF acted as financial advisers and James Nicholls of DLA Piper acted as legal adviser to TMT. Automic Pty Ltd acted as Registry to Technology Metals Australia.お知らせ • Sep 25Australian Vanadium Limited Announces Management ChangesAustralian Vanadium Limited and Technology Metals Australia Limited have agreed to merge via a proposed Scheme of Arrangement (Scheme), under which AVL will acquire 100% of the TMT Shares on issue. AVL Board to be complemented with the addition of Ms Jo Gaines as a Non-Executive Director. Mr. Ian Prentice to join AVL's executive management team and will be initially focused on the integration of the two adjoining projects.New Risk • Sep 25New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (AU$38k revenue, or US$25k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (9.7% increase in shares outstanding). Market cap is less than US$100m (€71.3m market cap, or US$75.9m).New Risk • Sep 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (AU$38k revenue, or US$24k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€75.4m market cap, or US$80.7m).お知らせ • Jul 04Vincent Algar, Managing Director to Retire from the Board of Australian Vanadium Limited Effective July 14, 2023Australian Vanadium Limited announces that Managing Director, Mr. Vincent Algar, will retire from the Board of the Company on 14 July 2023. He will continue in a transition role for the next few months, as the Company continues to develop the Australian Vanadium Project ("the Project").お知らせ • Jun 03Australian Vanadium Limited Appoints Anna Sudlow to the Board as Non-Executive DirectorAustralian Vanadium Limited announced that it has appointed Ms Anna Sudlow to the AVL Board as Non-Executive Director with effect from 1 June 2023. Ms Sudlow is a corporate finance executive with experience in the mining and resources sectors across a range of commodities and jurisdictions. She holds a Bachelor of Commerce, is a Certified Practising Accountant (CPA) and holds a Master of Business Administration (MBA). Ms Sudlow has held senior roles at Woodside Energy and Paladin Energy and has experience in strategy, capital management and funding, commercial analysis, business development, risk and financial reporting and governance. Ms Sudlow is currently the CFO of Paladin Energy Limited.お知らせ • May 17Australian Vanadium Limited Announces Chief Financial Officer ChangesAustralian Vanadium Limited announced that it has appointed Mr. Tom Plant as Chief Financial Officer (CFO) of the Company with effect from 6th June 2023. Mr. Plant is a seasoned finance executive, with almost 30 years of experience in various corporate and commercial roles. He has a strong background in debt and equity funding solutions, investment evaluation and corporate transactions. Mr. Plant's experience in these areas will complement the existing capabilities in the AVL team as it progresses the Australian Vanadium Project. Mr. Plant most recently served as interim CFO at Leo Lithium Limited the developer of the Goulamina Lithium Project in Mali and prior to that, CFO of Firefinch Limited Previous roles have included ten years at global mineral sands and rare earths producer Iluka Resources and various positions in investment banking and professional services with Macquarie Group, Dresdner Kleinwort Wasserstein and Arthur Andersen. Mr. Plant is a Chartered Accountant (CAANZ) and holds an MBA from INSEAD, an MSc (Mineral Economics) from Curtin University, a Bachelor of Commerce from The University of Western Australia and a Graduate Diploma of Applied Corporate Governance and Risk Management from the Governance Institute of Australia. Interim CFO, Ms. Liesl Strachan, will continue to work within the Company on the development of the finance function.お知らせ • Feb 16Australian Vanadium Limited Appoints Louis Mostert as Chief Legal and Commercial Officer and Joint Company SecretaryAustralian Vanadium Limited announced that it has appointed Louis Mostert as Chief Legal and Commercial Officer and Joint Company Secretary of thecompany, effective from 14 February 2023. Mr. Mostert has been providing specialist advice to the Company on a consultancy basis for the pasttwo years and has proved himself to be a valued member of the AVL team. He is a highly experienced general counsel and chartered company secretary, with previous executive experience. He brings to AVL leadership expertise gained in various industries, including international ASX-100and FTSE-100 resources, engineering and construction businesses and a top-tier national law firm. Mr. Mostert has over 20 years of experience in similar roles and brings a depth of knowledge in project contracting and finance, corporate advisory, mergers and acquisitions, insurance management, dispute resolution, work health and safety, employment and industrial relations, intellectual property, corporate governance and compliance. Mr. Mostert graduated from the University of Western Australia with a Bachelor of Engineering (Hons) and a Bachelor of Laws (Hons) and has a Diploma of Applied Corporate Governance from the Governance Institute of Australia. He is admitted as a barrister and solicitor of the Supreme Court of Western Australia, a Fellow of the Chartered Institute of Secretaries, a Fellow of the Governance Institute of Australia and a Member of the Institute of Company Directors. Mr. Neville Bassett will continue as Joint Company Secretary alongside Mr. Mostert.お知らせ • Feb 15Australian Vanadium Limited Announces Board AppointmentsAustralian Vanadium Limited announce that it has appointed Ms Miriam Stanborough and Mr. Peter Watson to the AVL Board as Non-Executive Directors with effect from 13th February 2023. Executive Director Mr. Leslie Ingraham has advised his intention to resign from the Board in due course, as part of the restructure. Ms Stanborough is a chemical engineer with over 20 years of experience in the mineral processing industry across a range of commodities. She has held senior roles at Monadelphous, Iluka Resources, Alcoa and WMC Resources. Her skill base spans innovation and technology, technical development, production management, project management, business improvement and people and culture. Ms Stanborough is currently a Non-Executive Director of Pilbara Minerals Limited, BCI Minerals Limited, Chair of the Minerals Research Institute of Western Australia (MRIWA), Deputy Chair of the Northern Agricultural Catchments Council and a Director of Scouts WA. Mr. Watson is also a chemical engineer, with 40 years of experience in senior technical, project and management roles, in addition to corporate experience running ASX-listed companies. He has significant board-level experience, particularly regarding safety, governance, financial reporting, risk management and strategy. Mr. Watson is currently a Non-Executive Director of Paladin Energy Ltd, New Century Resources and Strandline Resources Limited.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Cliff Lawrenson was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.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. 4 non-independent directors. Non-Executive Chairman Cliff Lawrenson was the last director to join the board, commencing their role in 2020. 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DB:JT71 - 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6/30/2028N/A-20N/AN/A16/30/2027N/A-12N/AN/A16/30/2026N/A-10N/AN/A112/31/20251-10-25-11N/A9/30/20251-11-28-12N/A6/30/20251-12-31-14N/A3/31/20250-14-28-11N/A12/31/20240-15-25-8N/A9/30/20240-15-26-8N/A6/30/2024N/A-15-27-9N/A3/31/2024N/A-13-28-11N/A12/31/2023N/A-11-29-13N/A9/30/20230-9-23-10N/A6/30/20230-7-18-7N/A3/31/20230-6-15-6N/A12/31/20220-5-12-5N/A9/30/20220-5-12-5N/A6/30/20220-5-12-4N/A3/31/20220-5-12-4N/A12/31/20210-4-12-4N/A9/30/20210-4-10-3N/A6/30/20210-3-8-3N/A3/31/20210-3-7-3N/A12/31/2020N/A-3-6-2N/A9/30/2020N/A-3-7-3N/A6/30/2020N/A-3-7-3N/A3/31/20200-4-9-3N/A12/31/20190-5-10-2N/A9/30/20190-5N/A-2N/A6/30/2019N/A-5N/A-2N/A3/31/20190-4N/A-2N/A12/31/20180-3N/A-2N/A9/30/20180-3N/A-2N/A6/30/2018N/A-2N/A-1N/A3/31/20180-2N/A-1N/A12/31/20170-1N/A-1N/A9/30/20170-2N/A-2N/A6/30/20170-2N/A-2N/A3/31/20170-2N/A-2N/A12/31/20160-2N/A-1N/A9/30/20160-1N/A-1N/A6/30/20160-1N/A-1N/A3/31/20160-2N/A-1N/A12/31/20150-2N/A-2N/A9/30/20150-2N/A-2N/A6/30/20150-1N/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: JT71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: JT71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: JT71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: JT71来年は収益がないと予測されています。高い収益成長: JT71来年は収益がない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: JT71 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7D1Y7D1Y7D1YMaterials 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2026/05/20 03:17終値2026/05/20 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Australian Vanadium Limited 1 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。2 アナリスト機関Andrew HinesShaw and Partners LimitedPeter KormendyShaw and Partners Limited
Breakeven Date Change • 4hNo longer forecast to breakevenThe analyst covering Australian Vanadium no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$15.9m in 2028. New forecast suggests the company will make a loss of AU$20.1m in 2028.
Breakeven Date Change • 4hNo longer forecast to breakevenThe analyst covering Australian Vanadium no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$15.9m in 2028. New forecast suggests the company will make a loss of AU$20.1m in 2028.
お知らせ • Mar 12Australian Vanadium Limited has completed a Follow-on Equity Offering in the amount of AUD 7.500151 million.Australian Vanadium Limited has completed a Follow-on Equity Offering in the amount of AUD 7.500151 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 28,846,736 Price\Range: AUD 0.26 Discount Per Security: AUD 0.0156 Transaction Features: Subsequent Direct Listing
お知らせ • Sep 25Australian Vanadium Limited, Annual General Meeting, Nov 20, 2025Australian Vanadium Limited, Annual General Meeting, Nov 20, 2025.
New Risk • Sep 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 35% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$28m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings are forecast to decline by an average of 35% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (AU$29m net loss in 3 years). Market cap is less than US$100m (€74.7m market cap, or US$83.6m).
New Risk • Sep 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$28m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (AU$21m net loss in 3 years). Market cap is less than US$100m (€74.5m market cap, or US$83.2m).
お知らせ • Sep 24Australian Vanadium Limited, Annual General Meeting, Nov 21, 2024Australian Vanadium Limited, Annual General Meeting, Nov 21, 2024.
New Risk • Jul 01New 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$28m 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$28m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$21m net loss in 3 years). Market cap is less than US$100m (€80.4m market cap, or US$86.2m).
New Risk • Apr 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 27% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings are forecast to decline by an average of 27% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$28m). Currently unprofitable and not forecast to become profitable over next 2 years (AU$14m net loss in 2 years). Market cap is less than US$100m (€73.4m market cap, or US$78.7m).
お知らせ • Feb 03Australian Vanadium Limited (ASX:AVL) completed the acquisition of Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others.Australian Vanadium Limited (ASX:AVL) entered into a scheme of arrangement to acquire Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others for AUD 84.4 million on September 23, 2023. TMT Shareholders will receive 12 AVL Shares for every TMT Share held on the Scheme record date. This implies an offer price of AUD 0.324 per TMT Share based on AVL’s last close price of AUD 0.027. AVL Board to be complemented with the addition of Jo Gaines as a Non-Executive Director. Ian Prentice to join AVL’s executive management team and will be initially focused on the integration of the two adjoining projects. All directors on the TMT Board other than the AVL nominees will resign. Post-acquisition, existing AVL shareholders will hold 58% of the combined group and existing TMT Shareholders will hold 42% of the combined group. Under the Scheme Implementation Deed, a liquidated amount (or break fee) of AUD 839,900 may become payable by AVL to TMT in certain circumstances. In addition, a liquidated amount (or break fee) of AUD 839,900 may become payable by TMT to AVL in certain circumstances. The combined group will continue to trade as Australian Vanadium Limited on the ASX. The transaction is subject to approval being obtained from TMT Shareholders, court approval, AVL raising at least AUD 15 million under the Placement, the Independent Expert issues an Independent Expert’s Report and other conditions customary for a transaction of this nature. The Scheme is unanimously recommended by the TMT Board. The transaction is expected to close by January / February 2024. Macquarie Capital acted as financial adviser and Christian Owen of Corrs Chambers Westgarth acted as legal adviser to Australian Vanadium. Sternship Advisers and Argonaut PCF acted as financial advisers and James Nicholls of DLA Piper acted as legal adviser to TMT. Automic Pty Ltd acted as Registry to Technology Metals Australia. Australian Vanadium Limited (ASX:AVL) completed the acquisition of Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others on February 1, 2024,
New Risk • Feb 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 97% 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$17m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Revenue is less than US$1m (AU$31k revenue, or US$20k).
お知らせ • Sep 29Australian Vanadium Limited, Annual General Meeting, Nov 16, 2023Australian Vanadium Limited, Annual General Meeting, Nov 16, 2023.
Reported Earnings • Sep 28Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in FY 2022)Full year 2023 results: AU$0.002 loss per share (further deteriorated from AU$0.001 loss in FY 2022). Net loss: AU$7.24m (loss widened 44% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
お知らせ • Sep 26Australian Vanadium Limited (ASX:AVL) entered into a scheme of arrangement to acquire Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others for AUD 83.7 million.Australian Vanadium Limited (ASX:AVL) entered into a scheme of arrangement to acquire Technology Metals Australia Limited (ASX:TMT) from Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and others for AUD 83.7 million on September 23, 2023. TMT Shareholders will receive 12 AVL Shares for every TMT Share held on the Scheme record date. This implies an offer price of AUD 0.324 per TMT Share based on AVL’s last close price of AUD 0.027. AVL Board to be complemented with the addition of Jo Gaines as a Non-Executive Director. Ian Prentice to join AVL’s executive management team and will be initially focused on the integration of the two adjoining projects. All directors on the TMT Board other than the AVL nominees will resign. Post-acquisition, existing AVL shareholders will hold 58% of the combined group and existing TMT Shareholders will hold 42% of the combined group. Under the Scheme Implementation Deed, a liquidated amount (or break fee) of AUD 839,900 may become payable by AVL to TMT in certain circumstances. In addition, a liquidated amount (or break fee) of AUD 839,900 may become payable by TMT to AVL in certain circumstances. The combined group will continue to trade as Australian Vanadium Limited on the ASX. The transaction is subject to approval being obtained from TMT Shareholders, court approval, AVL raising at least AUD 15 million under the Placement, the Independent Expert issues an Independent Expert’s Report and other conditions customary for a transaction of this nature. The Scheme is unanimously recommended by the TMT Board. The transaction is expected to close by January / February 2024. Macquarie Capital acted as financial adviser and Christian Owen of Corrs Chambers Westgarth acted as legal adviser to Australian Vanadium. Sternship Advisers and Argonaut PCF acted as financial advisers and James Nicholls of DLA Piper acted as legal adviser to TMT. Automic Pty Ltd acted as Registry to Technology Metals Australia.
お知らせ • Sep 25Australian Vanadium Limited Announces Management ChangesAustralian Vanadium Limited and Technology Metals Australia Limited have agreed to merge via a proposed Scheme of Arrangement (Scheme), under which AVL will acquire 100% of the TMT Shares on issue. AVL Board to be complemented with the addition of Ms Jo Gaines as a Non-Executive Director. Mr. Ian Prentice to join AVL's executive management team and will be initially focused on the integration of the two adjoining projects.
New Risk • Sep 25New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (AU$38k revenue, or US$25k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (9.7% increase in shares outstanding). Market cap is less than US$100m (€71.3m market cap, or US$75.9m).
New Risk • Sep 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (AU$38k revenue, or US$24k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€75.4m market cap, or US$80.7m).
お知らせ • Jul 04Vincent Algar, Managing Director to Retire from the Board of Australian Vanadium Limited Effective July 14, 2023Australian Vanadium Limited announces that Managing Director, Mr. Vincent Algar, will retire from the Board of the Company on 14 July 2023. He will continue in a transition role for the next few months, as the Company continues to develop the Australian Vanadium Project ("the Project").
お知らせ • Jun 03Australian Vanadium Limited Appoints Anna Sudlow to the Board as Non-Executive DirectorAustralian Vanadium Limited announced that it has appointed Ms Anna Sudlow to the AVL Board as Non-Executive Director with effect from 1 June 2023. Ms Sudlow is a corporate finance executive with experience in the mining and resources sectors across a range of commodities and jurisdictions. She holds a Bachelor of Commerce, is a Certified Practising Accountant (CPA) and holds a Master of Business Administration (MBA). Ms Sudlow has held senior roles at Woodside Energy and Paladin Energy and has experience in strategy, capital management and funding, commercial analysis, business development, risk and financial reporting and governance. Ms Sudlow is currently the CFO of Paladin Energy Limited.
お知らせ • May 17Australian Vanadium Limited Announces Chief Financial Officer ChangesAustralian Vanadium Limited announced that it has appointed Mr. Tom Plant as Chief Financial Officer (CFO) of the Company with effect from 6th June 2023. Mr. Plant is a seasoned finance executive, with almost 30 years of experience in various corporate and commercial roles. He has a strong background in debt and equity funding solutions, investment evaluation and corporate transactions. Mr. Plant's experience in these areas will complement the existing capabilities in the AVL team as it progresses the Australian Vanadium Project. Mr. Plant most recently served as interim CFO at Leo Lithium Limited the developer of the Goulamina Lithium Project in Mali and prior to that, CFO of Firefinch Limited Previous roles have included ten years at global mineral sands and rare earths producer Iluka Resources and various positions in investment banking and professional services with Macquarie Group, Dresdner Kleinwort Wasserstein and Arthur Andersen. Mr. Plant is a Chartered Accountant (CAANZ) and holds an MBA from INSEAD, an MSc (Mineral Economics) from Curtin University, a Bachelor of Commerce from The University of Western Australia and a Graduate Diploma of Applied Corporate Governance and Risk Management from the Governance Institute of Australia. Interim CFO, Ms. Liesl Strachan, will continue to work within the Company on the development of the finance function.
お知らせ • Feb 16Australian Vanadium Limited Appoints Louis Mostert as Chief Legal and Commercial Officer and Joint Company SecretaryAustralian Vanadium Limited announced that it has appointed Louis Mostert as Chief Legal and Commercial Officer and Joint Company Secretary of thecompany, effective from 14 February 2023. Mr. Mostert has been providing specialist advice to the Company on a consultancy basis for the pasttwo years and has proved himself to be a valued member of the AVL team. He is a highly experienced general counsel and chartered company secretary, with previous executive experience. He brings to AVL leadership expertise gained in various industries, including international ASX-100and FTSE-100 resources, engineering and construction businesses and a top-tier national law firm. Mr. Mostert has over 20 years of experience in similar roles and brings a depth of knowledge in project contracting and finance, corporate advisory, mergers and acquisitions, insurance management, dispute resolution, work health and safety, employment and industrial relations, intellectual property, corporate governance and compliance. Mr. Mostert graduated from the University of Western Australia with a Bachelor of Engineering (Hons) and a Bachelor of Laws (Hons) and has a Diploma of Applied Corporate Governance from the Governance Institute of Australia. He is admitted as a barrister and solicitor of the Supreme Court of Western Australia, a Fellow of the Chartered Institute of Secretaries, a Fellow of the Governance Institute of Australia and a Member of the Institute of Company Directors. Mr. Neville Bassett will continue as Joint Company Secretary alongside Mr. Mostert.
お知らせ • Feb 15Australian Vanadium Limited Announces Board AppointmentsAustralian Vanadium Limited announce that it has appointed Ms Miriam Stanborough and Mr. Peter Watson to the AVL Board as Non-Executive Directors with effect from 13th February 2023. Executive Director Mr. Leslie Ingraham has advised his intention to resign from the Board in due course, as part of the restructure. Ms Stanborough is a chemical engineer with over 20 years of experience in the mineral processing industry across a range of commodities. She has held senior roles at Monadelphous, Iluka Resources, Alcoa and WMC Resources. Her skill base spans innovation and technology, technical development, production management, project management, business improvement and people and culture. Ms Stanborough is currently a Non-Executive Director of Pilbara Minerals Limited, BCI Minerals Limited, Chair of the Minerals Research Institute of Western Australia (MRIWA), Deputy Chair of the Northern Agricultural Catchments Council and a Director of Scouts WA. Mr. Watson is also a chemical engineer, with 40 years of experience in senior technical, project and management roles, in addition to corporate experience running ASX-listed companies. He has significant board-level experience, particularly regarding safety, governance, financial reporting, risk management and strategy. Mr. Watson is currently a Non-Executive Director of Paladin Energy Ltd, New Century Resources and Strandline Resources Limited.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Cliff Lawrenson was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
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. 4 non-independent directors. Non-Executive Chairman Cliff Lawrenson was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.