Board Change • May 20
No independent directors Following 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 Director Wei Liu was the last director to join the board, commencing their role in 2026. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Director Joseph Corrigan was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Sep 30
Hawthorn Resources Limited, Annual General Meeting, Oct 31, 2025 Hawthorn Resources Limited, Annual General Meeting, Oct 31, 2025. Location: at level 23, rialto south tower, 525 collins street, melbourne victoria 3000 Australia Board Change • Oct 22
No independent directors Following 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 Director Joseph Corrigan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Oct 14
Hawthorn Resources Limited, Annual General Meeting, Nov 21, 2024 Hawthorn Resources Limited, Annual General Meeting, Nov 21, 2024. Location: at level 23, rialto south tower, 525 collins street, melbourne victoria 3000 Australia New Risk • Sep 27
New major risk - Revenue and earnings growth Earnings have declined by 64% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Shares are highly illiquid. Earnings have declined by 64% per year over the past 5 years. Revenue is less than US$1m (AU$674k revenue, or US$463k). Minor Risk Market cap is less than US$100m (AU$19.4m market cap, or US$13.4m). Reported Earnings • Sep 27
Full year 2024 earnings released: AU$0.002 loss per share (vs AU$0 in FY 2023) Full year 2024 results: AU$0.002 loss per share (further deteriorated from AU$0 in FY 2023). Net loss: AU$537.0k (down AU$621.9k from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Sep 09
No independent directors Following 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 Director Joseph Corrigan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 22
No independent directors Following 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 Director Joseph Corrigan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 25
No independent directors Following 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 Director Joseph Corrigan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 21
No independent directors Following 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 Director Joseph Corrigan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 18
First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2023) First half 2024 results: AU$0.001 loss per share (improved from AU$0.002 loss in 1H 2023). Net loss: AU$208.4k (loss narrowed 73% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Mar 07
No independent directors Following 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 Director Joseph Corrigan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 19
No independent directors Following 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 Director Joseph Corrigan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Nov 11
Hawthorn Resources Limited Announces Retirement of Mr. Liao, Yongzhong as Director Hawthorn Resources Limited announced that as noted in the Notice of Annual General Meeting of 29 September 2023, long-standing non- executive director of Hawthorn Resources Limited ("Hawthorn"), Mr. Liao, Yongzhong has reached the end of his current term as a director and chose not to stand for re-election at the AGM. Mr. Liao joined the Board of Hawthorn on 30th October 2012 and his directorship ended at the conclusion of the AGM on 9 November 2023. Board Change • Nov 02
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Sep 29
Hawthorn Resources Limited, Annual General Meeting, Nov 09, 2023 Hawthorn Resources Limited, Annual General Meeting, Nov 09, 2023, at 16:15 AUS Eastern Standard Time. Agenda: To receive and consider the Consolidated Financial Report and the Reports of the Directors and of the Auditor for the financial year ended 30 June 2023 which are contained in the 2023 Annual Report; to consider Re-Election of Director; to consider Adoption of Remuneration Report; and to consider Appointment of Auditor. Reported Earnings • Sep 23
Full year 2023 earnings released: EPS: AU$0 (vs AU$0.003 in FY 2022) Full year 2023 results: EPS: AU$0 (down from AU$0.003 in FY 2022). Revenue: AU$1.66m (down 76% from FY 2022). Net income: AU$85.0k (down 91% from FY 2022). Profit margin: 5.1% (down from 13% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Board Change • Apr 28
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 28
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 16
First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in 1H 2022) First half 2023 results: AU$0.002 loss per share (improved from AU$0.003 loss in 1H 2022). Revenue: AU$66.5k (up AU$60.8k from 1H 2022). Net loss: AU$763.0k (loss narrowed 25% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Board Change • Feb 22
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 06
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jan 03
Hawthorn Resources Limited Announces Cessation of Mark Kerr From Board Hawthorn Resources Limited announced that Mr. Mark Kerr has ceased being a director of the Company, effective 31 December 2022. Board Change • Nov 19
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Full year 2022 earnings released: EPS: AU$0.003 (vs AU$0.005 loss in FY 2021) Full year 2022 results: EPS: AU$0.003 (up from AU$0.005 loss in FY 2021). Revenue: AU$6.91m (up AU$6.82m from FY 2021). Net income: AU$927.1k (up AU$2.59m from FY 2021). Profit margin: 13% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Board Change • Sep 20
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 22
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 28
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 19
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.003 loss per share (up from AU$0.005 loss in 1H 2021). Net loss: AU$1.02m (loss narrowed 43% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Board Change • Feb 25
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Full year 2021 earnings released: AU$0.005 loss per share (vs AU$0.027 profit in FY 2020) Full year 2021 results: Net loss: AU$1.66m (down 119% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Jul 27
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Non-Executive Director Yongzhong Liao was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 19
First half 2021 earnings released: AU$0.005 loss per share (vs AU$0.03 profit in 1H 2020) First half 2021 results: Net loss: AU$1.78m (down 118% from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Executive Departure • Feb 10
Non Executive Director has left the company On the 8th of February, Christopher Corrigan's tenure as Non Executive Director ended after 3.3 years in the role. As of September 2020, Christopher personally held 56.10m shares (AU$7.6m worth at the time). Christopher is the only executive to leave the company over the last 12 months. Recent Insider Transactions • Jan 08
MD, CEO & Director recently sold AU$157k worth of stock On the 6th of January, Mark Kerr sold around 1m shares on-market at roughly AU$0.12 per share. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months.