View Future GrowthGenmin 과거 순이익 실적과거 기준 점검 0/6Genmin의 수입은 연평균 -29.1%의 비율로 감소해 온 반면, Metals and Mining 산업의 수입은 연간 15.2% 증가했습니다.핵심 정보-29.08%순이익 성장률-10.00%주당순이익(EPS) 성장률Metals and Mining 산업 성장률22.33%매출 성장률n/a자기자본이익률-40.18%순이익률n/a최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20Less 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 Director Pietro Amico was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • May 01Less 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 Director Pietro Amico was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 22Genmin Limited, Annual General Meeting, May 28, 2026Genmin Limited, Annual General Meeting, May 28, 2026.Board Change • Dec 24Less 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 Director Pietro Amico was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Dec 18Genmin Limited has completed a Follow-on Equity Offering in the amount of AUD 25.7 million.Genmin Limited has completed a Follow-on Equity Offering in the amount of AUD 25.7 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 131,942,915 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,438,057,085 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006 Security Features: Attached Options Transaction Features: Subsequent Direct Listing공시 • Nov 18Genmin Limited has filed a Follow-on Equity Offering in the amount of AUD 17.4 million.Genmin Limited has filed a Follow-on Equity Offering in the amount of AUD 17.4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 132,000,000 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,608,000,000 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006 Security Features: Attached Options Transaction Features: Subsequent Direct Listing공시 • Jun 03Genmin Limited announced that it expects to receive AUD 4.6296 million in funding from ID Advisors LLCGenmin Limited announced that it has entered into a non-binding term sheet with ID Advisors LLC to issue unsecured redeemable convertible notes for gross proceeds of AUD 4,629,600 on June 2, 2025. The company will issue a total of 3,000,000 notes and 115,758,605 unlisted options to the noteholder, in two tranches. The issue of the notes and options under the second tranche would be subject to receipt of company shareholder approval for the purposes of ASX listing rule 7.1. The notes have a face value of AUD 1.5432 per note and will be convertible into fully paid ordinary share at conversion price of AUD 0.040. The note will mature on June 30, 2027. The company will issue 1,500,000 notes as well as 28,939,651 unlisted A options with an exercise price of AUD 0.060 and expiring 2 years after the date of their issue and 28,939,651 unlisted B options with an exercise price of AUD 0.080 and expiring two years after the date of their issue for gross proceeds of AUD 2,314,800 in its first tranche and will issue 1,500,000 notes as well as 28,939,651 A options and 28,939,651 B options for gross proceeds of AUD 2,314,800 in its second tranche. The company must redeem all of the notes that have not been converted on the maturity date by paying the outstanding amount attributable to the notes to the noteholder. The note will accrue interest at the rate of 12% per annum. Interest on overdue amounts will accrue at 2% per annum. The transaction has been approved by the board of the company.공시 • Mar 17Genmin Limited, Annual General Meeting, May 29, 2025Genmin Limited, Annual General Meeting, May 29, 2025.공시 • Jan 31Genmin Limited Announces Resignation of Michael Arnett as Non-Executive DirectorGenmin Limited (Genmin or the Company) announces that Mr. Michael Arnett has resigned as non-executive director of the Company, effective immediately. Mr. Arnett has been a member of the Board since the Company's admission to the Australian Securities Exchange (ASX) in 2021. In this time, Mr. Arnett has served as Chair of the Board, non-executive director, and served on all of the Board's sub-committees. Following the recent leadership changes, the Board has determined that its composition is appropriate and will not seek to appoint a replacement director.공시 • Dec 02Genmin Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.Genmin Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 170,000,000 Price\Range: AUD 0.05 Discount Per Security: AUD 0.003 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 30,000,000 Price\Range: AUD 0.05 Discount Per Security: AUD 0.003 Security Features: Attached Options Transaction Features: Subsequent Direct ListingNew Risk • Sep 14New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$12m 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 (-US$12m free cash flow). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$44.6m market cap, or US$29.9m).공시 • Jul 14+ 1 more updateGenmin Limited Announces Executive ChangesGenmin Limited announced the Mr. Joe Ariti to transition to board Chair, and the search for a chief executive officer to oversee Genmin's transition to operations, and implement next phase of growth over a horizon of the next five to seven years. With Joe's immediate transition to non-executive director and Chair Designate, Mr. Andrew Haslam has been retained as interim CEO whilst the appointment of a new, permanent CEO is finalised. Mr. Haslam is a mining professional with significant iron ore operations experience including as a former nonexecutive director of BC Iron Limited, managing director and CEO of Territory Resources Ltd, and former executive general manager iron ore at Mineral Resources Limited. In addition, he has held several general manager roles with civil and mining contractors including Thiess and Downer, where he had oversight of contracts with iron ore companies.New Risk • Apr 18New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$13m Forecast net loss in 2 years: US$8.6m 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$8.6m net loss in 2 years). Market cap is less than US$100m (AU$64.4m market cap, or US$41.5m).New Risk • Apr 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% 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. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m (US$10k revenue). Minor Risk Market cap is less than US$100m (AU$66.5m market cap, or US$43.2m).Breakeven Date Change • Apr 02Forecast breakeven date pushed back to 2025The analyst covering Genmin previously expected the company to break even in 2024. New forecast suggests losses will reduce by 50% to 2024. The company is expected to make a profit of US$15.5m in 2025. Average annual earnings growth of 122% is required to achieve expected profit on schedule.Board Change • Apr 02Insufficient new 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. 2 highly experienced directors. Independent Non-Executive Chairman Michael Arnett was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Mar 19Genmin Limited, Annual General Meeting, May 30, 2024Genmin Limited, Annual General Meeting, May 30, 2024. Agenda: To consider the re-election and appointment of directors.공시 • Feb 07Genmin Limited has filed a Follow-on Equity Offering in the amount of AUD 28.271943 million.Genmin Limited has filed a Follow-on Equity Offering in the amount of AUD 28.271943 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 150,511,078 Price\Range: AUD 0.1 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 44,320,000 Price\Range: AUD 0.1 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 87,888,350 Price\Range: AUD 0.1 Security Features: Attached Options Transaction Features: Rights Offering; Subsequent Direct Listing공시 • Jan 22Genmin Limited Announces Chief Financial Officer ChangesGenmin Limited announced the appointment of Mr. Ben Bussell, Director and CEO of Minerva Corporate, as Chief Financial Officer of the Company. Mr. Bussell is a Senior Accountant with over 20 years' experience in public accounting, corporate accounting and taxation. He acts as CFO of several ASX-listed and private entities, primarily focused on the preparation of general and special purpose financial reports and managing all aspects of their independent audit and reporting to stakeholders. Ben is a member of the Governance Institute of Australia. Former CFO, Ms. Salina Michels has completed her fixed term tenure with the Company.Breakeven Date Change • Apr 28Forecast to breakeven in 2024The analyst covering Genmin expects the company to break even for the first time. New forecast suggests the company will make a profit of US$73.9m in 2024. Average annual earnings growth of 101% is required to achieve expected profit on schedule.Board Change • Apr 09Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Michael Arnett was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Apr 02Forecast to breakeven in 2024The analyst covering Genmin expects the company to break even for the first time. New forecast suggests the company will make a profit of US$73.9m in 2024. Average annual earnings growth of 101% is required to achieve expected profit on schedule.Board Change • Mar 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Michael Arnett was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Jan 01Forecast to breakeven in 2024The analyst covering Genmin expects the company to break even for the first time. New forecast suggests the company will make a profit of US$73.9m in 2024. Average annual earnings growth of 91% is required to achieve expected profit on schedule.Board Change • Jul 28Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Michael Arnett was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.매출 및 비용 세부 내역Genmin가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이CHIA:GEN 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Dec 250-147030 Sep 250-146030 Jun 250-146031 Mar 250-136031 Dec 240-116030 Sep 240-126030 Jun 240-126031 Mar 240-136031 Dec 230-136030 Sep 230-136030 Jun 230-125031 Mar 230-105031 Dec 220-84030 Sep 220-74030 Jun 220-64031 Mar 220-53031 Dec 210-42030 Sep 210-32030 Jun 210-21031 Mar 210-32031 Dec 200-32031 Dec 190-11031 Dec 180-540양질의 수익: GEN 은(는) 현재 수익성이 없습니다.이익 마진 증가: GEN는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: GEN은 수익성이 없으며 지난 5년 동안 손실이 연평균 29.1% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 GEN의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: GEN은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(59.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: GEN는 현재 수익성이 없으므로 자본 수익률이 음수(-40.18%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 14:24종가2026/05/22 00:00수익2025/12/31연간 수익2025/12/31데이터 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 소스Genmin Limited는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관David CoatesBell Potter
Board Change • May 20Less 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 Director Pietro Amico was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • May 01Less 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 Director Pietro Amico was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 22Genmin Limited, Annual General Meeting, May 28, 2026Genmin Limited, Annual General Meeting, May 28, 2026.
Board Change • Dec 24Less 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 Director Pietro Amico was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Dec 18Genmin Limited has completed a Follow-on Equity Offering in the amount of AUD 25.7 million.Genmin Limited has completed a Follow-on Equity Offering in the amount of AUD 25.7 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 131,942,915 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,438,057,085 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006 Security Features: Attached Options Transaction Features: Subsequent Direct Listing
공시 • Nov 18Genmin Limited has filed a Follow-on Equity Offering in the amount of AUD 17.4 million.Genmin Limited has filed a Follow-on Equity Offering in the amount of AUD 17.4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 132,000,000 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,608,000,000 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006 Security Features: Attached Options Transaction Features: Subsequent Direct Listing
공시 • Jun 03Genmin Limited announced that it expects to receive AUD 4.6296 million in funding from ID Advisors LLCGenmin Limited announced that it has entered into a non-binding term sheet with ID Advisors LLC to issue unsecured redeemable convertible notes for gross proceeds of AUD 4,629,600 on June 2, 2025. The company will issue a total of 3,000,000 notes and 115,758,605 unlisted options to the noteholder, in two tranches. The issue of the notes and options under the second tranche would be subject to receipt of company shareholder approval for the purposes of ASX listing rule 7.1. The notes have a face value of AUD 1.5432 per note and will be convertible into fully paid ordinary share at conversion price of AUD 0.040. The note will mature on June 30, 2027. The company will issue 1,500,000 notes as well as 28,939,651 unlisted A options with an exercise price of AUD 0.060 and expiring 2 years after the date of their issue and 28,939,651 unlisted B options with an exercise price of AUD 0.080 and expiring two years after the date of their issue for gross proceeds of AUD 2,314,800 in its first tranche and will issue 1,500,000 notes as well as 28,939,651 A options and 28,939,651 B options for gross proceeds of AUD 2,314,800 in its second tranche. The company must redeem all of the notes that have not been converted on the maturity date by paying the outstanding amount attributable to the notes to the noteholder. The note will accrue interest at the rate of 12% per annum. Interest on overdue amounts will accrue at 2% per annum. The transaction has been approved by the board of the company.
공시 • Mar 17Genmin Limited, Annual General Meeting, May 29, 2025Genmin Limited, Annual General Meeting, May 29, 2025.
공시 • Jan 31Genmin Limited Announces Resignation of Michael Arnett as Non-Executive DirectorGenmin Limited (Genmin or the Company) announces that Mr. Michael Arnett has resigned as non-executive director of the Company, effective immediately. Mr. Arnett has been a member of the Board since the Company's admission to the Australian Securities Exchange (ASX) in 2021. In this time, Mr. Arnett has served as Chair of the Board, non-executive director, and served on all of the Board's sub-committees. Following the recent leadership changes, the Board has determined that its composition is appropriate and will not seek to appoint a replacement director.
공시 • Dec 02Genmin Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.Genmin Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 170,000,000 Price\Range: AUD 0.05 Discount Per Security: AUD 0.003 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 30,000,000 Price\Range: AUD 0.05 Discount Per Security: AUD 0.003 Security Features: Attached Options Transaction Features: Subsequent Direct Listing
New Risk • Sep 14New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$12m 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 (-US$12m free cash flow). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$44.6m market cap, or US$29.9m).
공시 • Jul 14+ 1 more updateGenmin Limited Announces Executive ChangesGenmin Limited announced the Mr. Joe Ariti to transition to board Chair, and the search for a chief executive officer to oversee Genmin's transition to operations, and implement next phase of growth over a horizon of the next five to seven years. With Joe's immediate transition to non-executive director and Chair Designate, Mr. Andrew Haslam has been retained as interim CEO whilst the appointment of a new, permanent CEO is finalised. Mr. Haslam is a mining professional with significant iron ore operations experience including as a former nonexecutive director of BC Iron Limited, managing director and CEO of Territory Resources Ltd, and former executive general manager iron ore at Mineral Resources Limited. In addition, he has held several general manager roles with civil and mining contractors including Thiess and Downer, where he had oversight of contracts with iron ore companies.
New Risk • Apr 18New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$13m Forecast net loss in 2 years: US$8.6m 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$8.6m net loss in 2 years). Market cap is less than US$100m (AU$64.4m market cap, or US$41.5m).
New Risk • Apr 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% 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. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m (US$10k revenue). Minor Risk Market cap is less than US$100m (AU$66.5m market cap, or US$43.2m).
Breakeven Date Change • Apr 02Forecast breakeven date pushed back to 2025The analyst covering Genmin previously expected the company to break even in 2024. New forecast suggests losses will reduce by 50% to 2024. The company is expected to make a profit of US$15.5m in 2025. Average annual earnings growth of 122% is required to achieve expected profit on schedule.
Board Change • Apr 02Insufficient new 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. 2 highly experienced directors. Independent Non-Executive Chairman Michael Arnett was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Mar 19Genmin Limited, Annual General Meeting, May 30, 2024Genmin Limited, Annual General Meeting, May 30, 2024. Agenda: To consider the re-election and appointment of directors.
공시 • Feb 07Genmin Limited has filed a Follow-on Equity Offering in the amount of AUD 28.271943 million.Genmin Limited has filed a Follow-on Equity Offering in the amount of AUD 28.271943 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 150,511,078 Price\Range: AUD 0.1 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 44,320,000 Price\Range: AUD 0.1 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 87,888,350 Price\Range: AUD 0.1 Security Features: Attached Options Transaction Features: Rights Offering; Subsequent Direct Listing
공시 • Jan 22Genmin Limited Announces Chief Financial Officer ChangesGenmin Limited announced the appointment of Mr. Ben Bussell, Director and CEO of Minerva Corporate, as Chief Financial Officer of the Company. Mr. Bussell is a Senior Accountant with over 20 years' experience in public accounting, corporate accounting and taxation. He acts as CFO of several ASX-listed and private entities, primarily focused on the preparation of general and special purpose financial reports and managing all aspects of their independent audit and reporting to stakeholders. Ben is a member of the Governance Institute of Australia. Former CFO, Ms. Salina Michels has completed her fixed term tenure with the Company.
Breakeven Date Change • Apr 28Forecast to breakeven in 2024The analyst covering Genmin expects the company to break even for the first time. New forecast suggests the company will make a profit of US$73.9m in 2024. Average annual earnings growth of 101% is required to achieve expected profit on schedule.
Board Change • Apr 09Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Michael Arnett was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Apr 02Forecast to breakeven in 2024The analyst covering Genmin expects the company to break even for the first time. New forecast suggests the company will make a profit of US$73.9m in 2024. Average annual earnings growth of 101% is required to achieve expected profit on schedule.
Board Change • Mar 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Michael Arnett was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Jan 01Forecast to breakeven in 2024The analyst covering Genmin expects the company to break even for the first time. New forecast suggests the company will make a profit of US$73.9m in 2024. Average annual earnings growth of 91% is required to achieve expected profit on schedule.
Board Change • Jul 28Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Michael Arnett was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.