Board Change • May 20
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. 3 non-independent directors. Independent Non-Executive Director Leon Charuckyj was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 01
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. 3 non-independent directors. Independent Non-Executive Director Leon Charuckyj was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
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. 3 non-independent directors. Independent Non-Executive Director Leon Charuckyj was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Sep 01
King River Resources Limited, Annual General Meeting, Nov 21, 2025 King River Resources Limited, Annual General Meeting, Nov 21, 2025. Reported Earnings • Aug 23
Full year 2025 earnings released: AU$0.004 loss per share (vs AU$0.001 profit in FY 2024) Full year 2025 results: AU$0.004 loss per share (down from AU$0.001 profit in FY 2024). Net loss: AU$6.14m (down 396% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Board Change • Aug 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Leon Charuckyj was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 04
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Leon Charuckyj was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Leon Charuckyj was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 21
Full year 2024 earnings released Full year 2024 results: Revenue: AU$2.78m (up AU$2.78m from FY 2023). Net income: AU$2.07m (down 44% from FY 2023). Profit margin: 75% (down from 1,480,615% in FY 2023). New Risk • Sep 17
New minor risk - Financial data availability The 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 Share price has been highly volatile over the past 3 months (21% average weekly change). High level of non-cash earnings (21% accrual ratio). Revenue is less than US$1m (AU$39k revenue, or US$26k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (AU$15.3m market cap, or US$10.3m). 공시 • Sep 06
King River Resources Limited, Annual General Meeting, Nov 15, 2024 King River Resources Limited, Annual General Meeting, Nov 15, 2024. New Risk • Jul 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.3m (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). High level of non-cash earnings (21% accrual ratio). Revenue is less than US$1m (AU$39k revenue, or US$26k). Market cap is less than US$10m (AU$15.3m market cap, or US$9.93m). Reported Earnings • Sep 18
Full year 2023 earnings released: EPS: AU$0.002 (vs AU$0.002 loss in FY 2022) Full year 2023 results: EPS: AU$0.002 (up from AU$0.002 loss in FY 2022). Revenue: AU$9.15m (up AU$9.15m from FY 2022). Net income: AU$3.69m (up AU$6.75m from FY 2022). Profit margin: 40% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. New Risk • Sep 03
New minor risk - Financial data availability The 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$3.9m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (AU$435 revenue, or US$280). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$15.5m market cap, or US$10.0m). 공시 • Sep 02
King River Resources Limited, Annual General Meeting, Nov 16, 2023 King River Resources Limited, Annual General Meeting, Nov 16, 2023, at 09:00 W. Australia Standard Time. New Risk • Aug 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.0m (US$9.02m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.9m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (AU$435 revenue, or US$281). Market cap is less than US$10m (AU$14.0m market cap, or US$9.02m). New Risk • Jun 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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$3.9m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (AU$435 revenue, or US$291). Market cap is less than US$10m (AU$14.0m market cap, or US$9.34m). Reported Earnings • Mar 04
First half 2023 earnings released First half 2023 results: Net income: AU$10.4k (up AU$1.31m from 1H 2022). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Leon Charuckyj was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 25
Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in FY 2021) Full year 2022 results: AU$0.002 loss per share (further deteriorated from AU$0.001 loss in FY 2021). Net loss: AU$3.06m (loss widened 216% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Leon Charuckyj was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 13
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.001 loss per share (down from AU$0 in 1H 2021). Net loss: AU$1.30m (loss widened 266% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 7% per year. Reported Earnings • Sep 25
Full year 2021 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in FY 2020) Full year 2021 results: Net loss: AU$968.8k (loss narrowed 13% from FY 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 25
Full year earnings released - AU$0.00089 loss per share Over the last 12 months the company has reported total losses of AU$1.12m, with losses widening by 38% from the prior year.