View Future GrowthCodrus Minerals 과거 순이익 실적과거 기준 점검 0/6Codrus Minerals은 연평균 18.7%의 비율로 수입이 증가해 온 반면, Metals and Mining 산업은 연평균 15.2%의 비율로 증가했습니다. 매출은 연평균 46.9%의 비율로 감소했습니다.핵심 정보18.69%순이익 성장률84.34%주당순이익(EPS) 성장률Metals and Mining 산업 성장률22.33%매출 성장률-46.88%자기자본이익률-442.66%순이익률n/a최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트업데이트 없음모든 업데이트 보기Recent updates공지 • Jan 12+ 1 more updateCodrus Minerals Limited Announces Change of Company Secretary, Effective 12 January 2026Codrus Minerals Limited advised that Maddison Cramer has been appointed Company Secretary following the resignation of Jamie Byrde as Company Secretary, effective 12 January 2026. Maddison Cramer is a co-founder and managing director of boutique corporate services business Belltree Corporate and has over 10 years' experience as a corporate lawyer and company secretary to ASX-listed companies. She is currently a company secretary of a number of ASX-listed mining and resources companies. Ms Cramer is a former company secretary of Bellevue Gold Limited and prior to this was an associate at Bellanhouse Legal and HWL Ebsworth Lawyers. Mr. Byrde remains a Non-Executive Director of the Company.공지 • Sep 27Codrus Minerals Limited, Annual General Meeting, Nov 20, 2025Codrus Minerals Limited, Annual General Meeting, Nov 20, 2025.공지 • May 20Codrus Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.240406 million.Codrus Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.240406 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 41,346,875 Price\Range: AUD 0.03 Discount Per Security: AUD 0.0018 Transaction Features: Subsequent Direct Listing공지 • Oct 04Codrus Minerals Limited, Annual General Meeting, Nov 21, 2024Codrus Minerals Limited, Annual General Meeting, Nov 21, 2024.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$1.8m 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$1.8m free cash flow). Shares are highly illiquid. Earnings have declined by 8.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Revenue is less than US$1m (AU$367k revenue, or US$252k). Market cap is less than US$10m (AU$3.80m market cap, or US$2.60m).Board Change • Sep 13No 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. 3 non-independent directors. Non-Executive Director Keith Coughlan was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Jul 25Codrus Minerals Limited Announces Board ChangesCodrus Minerals Limited advised that Greg Bandy, current Non-Executive Chairman, has been appointed Executive Chairman from 22 July 2024. Shannan will continue to assist the Company over the coming weeks during the transition period. In addition, the Board advised the appointment of Keith Coughlan as Non-Executive Director effective 22 July 2024. Keith is currently the Executive Chairman of European Metals and previous Non-Executive Chairman of Talga Resources Limited. Keith has over 30 years' experience in stockbroking and funds management and has been integrally involved in the funding and promoting of resource companies listed on the ASX, AIM and TSX.New Risk • Jun 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 119% 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 Shares are highly illiquid. Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (119% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.60m market cap, or US$5.72m).공지 • May 30Codrus Minerals Limited Approves Election of Greg Bandy as DirectorCodrus Minerals Limited announced at the AGM held on May 28, 2024, approved election of Greg Bandy as director.공지 • Apr 28Codrus Minerals Limited, Annual General Meeting, May 28, 2024Codrus Minerals Limited, Annual General Meeting, May 28, 2024, at 10:00 W. Australia Standard Time. Location: Level 2, 16 Altona Street West Perth Western Australia Australia Agenda: To consider Issue of Shares Acquisition Consideration; to consider Ratification of a prior issue - Tranche 1 of Placement - Listing Rule 7.1; to consider Ratification of a prior issue - Tranche 1 of Placement - Listing Rule 7.1A; to consider Issue of Shares Tranche 2 of the Placement; to consider Election of Director Greg Bandy; to consider Subscription for Shares by a Related Party - Andrew Radonjic; to consider Subscription for Shares by a Related Party Shannan Bamforth; and to consider Subscription for Shares by a Related Party - Jamie Byrde.공지 • Apr 17An unknown buyer acquired a 28.98% stake in Codrus Minerals Limited (ASX:CDR) from Blackstone Minerals Limited (ASX:BSX) for AUD 0.8 millionAn unknown buyer acquired a 28.98% stake in Codrus Minerals Limited (ASX:CDR) from Blackstone Minerals Limited (ASX:BSX) for AUD 0.8 million on April 15, 2024. Blackstone Minerals sold 25 million shares at AUD 0.035 each. An unknown buyer completed the acquisition of a 28.98% stake in Codrus Minerals Limited (ASX:CDR) from Blackstone Minerals Limited (ASX:BSX) on April 15, 2024.공지 • Apr 05Codrus Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.055 million.Codrus Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.055 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,096,875 Price\Range: AUD 0.035 Discount Per Security: AUD 0.0021 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,474,554 Price\Range: AUD 0.035 Discount Per Security: AUD 0.0021 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,571,428 Price\Range: AUD 0.035 Discount Per Security: AUD 0.0021 Transaction Features: Subsequent Direct ListingBoard Change • Mar 11No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). MD & Executive Director Shannan Bamforth was the last director to join the board, commencing their role in 2021. 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 • Feb 07No 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. 3 non-independent directors. MD & Executive Director Shannan Bamforth was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Dec 29No 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. 3 non-independent directors. MD & Executive Director Shannan Bamforth was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Nov 30No 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. 3 non-independent directors. MD & Executive Director Shannan Bamforth was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Nov 17Codrus Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.9518 million.Codrus Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.9518 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 437,500 Price\Range: AUD 0.08 Discount Per Security: AUD 0.0048 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 11,460,000 Price\Range: AUD 0.08 Discount Per Security: AUD 0.0048 Transaction Features: Subsequent Direct Listing공지 • Oct 02Codrus Minerals Limited, Annual General Meeting, Nov 13, 2023Codrus Minerals Limited, Annual General Meeting, Nov 13, 2023. Agenda: To consider the re-election and appointment of directors.New Risk • Sep 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.2m free cash flow). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$5.85m market cap, or US$3.76m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding).New Risk • Sep 07New 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 Less than 1 year of cash runway based on free cash flow trend (-AU$3.1m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m (AU$31k revenue, or US$20k). Market cap is less than US$10m (AU$6.14m market cap, or US$3.92m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).Board Change • Mar 31No 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. 3 non-independent directors. MD & Executive Director Shannan Bamforth was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.매출 및 비용 세부 내역Codrus Minerals가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이CHIA:CDR 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비31 Dec 250-22030 Sep 250-22030 Jun 250-22031 Mar 250-22031 Dec 240-33030 Sep 240-33030 Jun 240-33031 Mar 240-33031 Dec 230-33030 Sep 230-33030 Jun 230-33031 Mar 230-33031 Dec 220-33030 Sep 220-44030 Jun 220-44031 Mar 220-64031 Dec 210-83030 Sep 210-73030 Jun 210-62031 Mar 210-41031 Dec 200-10030 Sep 200-10030 Jun 200-11030 Jun 190000양질의 수익: CDR 은(는) 현재 수익성이 없습니다.이익 마진 증가: CDR는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: CDR는 수익성이 없지만 지난 5년 동안 연평균 18.7%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 CDR의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: CDR은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(59.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: CDR는 현재 수익성이 없으므로 자본 수익률이 음수(-442.66%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/06 03:39종가2026/05/06 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Codrus Minerals Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공지 • Jan 12+ 1 more updateCodrus Minerals Limited Announces Change of Company Secretary, Effective 12 January 2026Codrus Minerals Limited advised that Maddison Cramer has been appointed Company Secretary following the resignation of Jamie Byrde as Company Secretary, effective 12 January 2026. Maddison Cramer is a co-founder and managing director of boutique corporate services business Belltree Corporate and has over 10 years' experience as a corporate lawyer and company secretary to ASX-listed companies. She is currently a company secretary of a number of ASX-listed mining and resources companies. Ms Cramer is a former company secretary of Bellevue Gold Limited and prior to this was an associate at Bellanhouse Legal and HWL Ebsworth Lawyers. Mr. Byrde remains a Non-Executive Director of the Company.
공지 • Sep 27Codrus Minerals Limited, Annual General Meeting, Nov 20, 2025Codrus Minerals Limited, Annual General Meeting, Nov 20, 2025.
공지 • May 20Codrus Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.240406 million.Codrus Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.240406 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 41,346,875 Price\Range: AUD 0.03 Discount Per Security: AUD 0.0018 Transaction Features: Subsequent Direct Listing
공지 • Oct 04Codrus Minerals Limited, Annual General Meeting, Nov 21, 2024Codrus Minerals Limited, Annual General Meeting, Nov 21, 2024.
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$1.8m 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$1.8m free cash flow). Shares are highly illiquid. Earnings have declined by 8.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Revenue is less than US$1m (AU$367k revenue, or US$252k). Market cap is less than US$10m (AU$3.80m market cap, or US$2.60m).
Board Change • Sep 13No 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. 3 non-independent directors. Non-Executive Director Keith Coughlan was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Jul 25Codrus Minerals Limited Announces Board ChangesCodrus Minerals Limited advised that Greg Bandy, current Non-Executive Chairman, has been appointed Executive Chairman from 22 July 2024. Shannan will continue to assist the Company over the coming weeks during the transition period. In addition, the Board advised the appointment of Keith Coughlan as Non-Executive Director effective 22 July 2024. Keith is currently the Executive Chairman of European Metals and previous Non-Executive Chairman of Talga Resources Limited. Keith has over 30 years' experience in stockbroking and funds management and has been integrally involved in the funding and promoting of resource companies listed on the ASX, AIM and TSX.
New Risk • Jun 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 119% 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 Shares are highly illiquid. Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (119% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.60m market cap, or US$5.72m).
공지 • May 30Codrus Minerals Limited Approves Election of Greg Bandy as DirectorCodrus Minerals Limited announced at the AGM held on May 28, 2024, approved election of Greg Bandy as director.
공지 • Apr 28Codrus Minerals Limited, Annual General Meeting, May 28, 2024Codrus Minerals Limited, Annual General Meeting, May 28, 2024, at 10:00 W. Australia Standard Time. Location: Level 2, 16 Altona Street West Perth Western Australia Australia Agenda: To consider Issue of Shares Acquisition Consideration; to consider Ratification of a prior issue - Tranche 1 of Placement - Listing Rule 7.1; to consider Ratification of a prior issue - Tranche 1 of Placement - Listing Rule 7.1A; to consider Issue of Shares Tranche 2 of the Placement; to consider Election of Director Greg Bandy; to consider Subscription for Shares by a Related Party - Andrew Radonjic; to consider Subscription for Shares by a Related Party Shannan Bamforth; and to consider Subscription for Shares by a Related Party - Jamie Byrde.
공지 • Apr 17An unknown buyer acquired a 28.98% stake in Codrus Minerals Limited (ASX:CDR) from Blackstone Minerals Limited (ASX:BSX) for AUD 0.8 millionAn unknown buyer acquired a 28.98% stake in Codrus Minerals Limited (ASX:CDR) from Blackstone Minerals Limited (ASX:BSX) for AUD 0.8 million on April 15, 2024. Blackstone Minerals sold 25 million shares at AUD 0.035 each. An unknown buyer completed the acquisition of a 28.98% stake in Codrus Minerals Limited (ASX:CDR) from Blackstone Minerals Limited (ASX:BSX) on April 15, 2024.
공지 • Apr 05Codrus Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.055 million.Codrus Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.055 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,096,875 Price\Range: AUD 0.035 Discount Per Security: AUD 0.0021 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,474,554 Price\Range: AUD 0.035 Discount Per Security: AUD 0.0021 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,571,428 Price\Range: AUD 0.035 Discount Per Security: AUD 0.0021 Transaction Features: Subsequent Direct Listing
Board Change • Mar 11No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). MD & Executive Director Shannan Bamforth was the last director to join the board, commencing their role in 2021. 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 • Feb 07No 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. 3 non-independent directors. MD & Executive Director Shannan Bamforth was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Dec 29No 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. 3 non-independent directors. MD & Executive Director Shannan Bamforth was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Nov 30No 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. 3 non-independent directors. MD & Executive Director Shannan Bamforth was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Nov 17Codrus Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.9518 million.Codrus Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.9518 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 437,500 Price\Range: AUD 0.08 Discount Per Security: AUD 0.0048 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 11,460,000 Price\Range: AUD 0.08 Discount Per Security: AUD 0.0048 Transaction Features: Subsequent Direct Listing
공지 • Oct 02Codrus Minerals Limited, Annual General Meeting, Nov 13, 2023Codrus Minerals Limited, Annual General Meeting, Nov 13, 2023. Agenda: To consider the re-election and appointment of directors.
New Risk • Sep 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.2m free cash flow). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$5.85m market cap, or US$3.76m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding).
New Risk • Sep 07New 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 Less than 1 year of cash runway based on free cash flow trend (-AU$3.1m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m (AU$31k revenue, or US$20k). Market cap is less than US$10m (AU$6.14m market cap, or US$3.92m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).
Board Change • Mar 31No 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. 3 non-independent directors. MD & Executive Director Shannan Bamforth was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.