Bathurst Resources Limited

ASX:BRL Stock Report

Market Cap: AU$132.0m

Bathurst Resources Past Earnings Performance

Past criteria checks 0/6

Bathurst Resources's earnings have been declining at an average annual rate of -7.1%, while the Metals and Mining industry saw earnings growing at 15.2% annually. Revenues have been declining at an average rate of 3.7% per year.

Key information

-7.11%

Earnings growth rate

-8.48%

EPS growth rate

Metals and Mining Industry Growth22.33%
Revenue growth rate-3.75%
Return on equity-2.03%
Net Margin-23.08%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Narrative Update Jun 01

BRL: Index Removal And Steady Outlook May Support Future Upside

Bathurst Resources' analyst price target has been held at A$0.84, with analysts pointing to only slight shifts in the discount rate, expected revenue contraction, profit margin assumptions and future P/E as the basis for keeping their valuation steady. What's in the News Bathurst Resources Limited (ASX:BRL) has been removed from the S&P/ASX All Ordinaries Index, according to S&P Dow Jones Indices.
Narrative Update May 06

BRL: Higher Fair Value Estimate Will Support Future Upside Potential

Analysts have adjusted their fair value estimate for Bathurst Resources from A$0.80 to A$0.84. This change reflects updated views on discount rates, expected revenue trends, profit margins and future P/E assumptions.
Narrative Update Jan 07

BRL: Expanded Reserves Will Extend Mine Life And Support Future Upside

Analysts have trimmed their price target on Bathurst Resources by a modest amount, citing slightly higher discount rate assumptions, a marginally softer revenue growth outlook, and a small uplift in expected profit margin and future P/E of about 48.8x as the key drivers of the change. What's in the News Bathurst Resources reported total marketable reserves of 33.9 Mt as at 30 June 2025, compared with 6.7 Mt previously, with the update reflecting changes across several projects (company announcement).
Narrative Update Dec 21

BRL: Expanded Coal Reserves Will Support Longer Mine Life And Upside Potential

Analysts have inched up their price target for Bathurst Resources by a modest amount, citing slightly lower perceived risk, marginally improving long term revenue and profit expectations, and a small compression in projected future valuation multiples that together support a higher fair value in absolute dollar terms. What's in the News Total marketable reserves increased sharply to 33.9 Mt as at 30 June 2025, up from 6.7 Mt, supporting a longer mine life and greater production visibility (company update).
Narrative Update Dec 07

BRL: Expanded Coal Reserves And Index Inclusion Will Support Future Upside

Analysts have modestly lifted their price target on Bathurst Resources from NZD 0.80 to NZD 0.82. This reflects slightly higher long term earnings expectations despite a marginally higher discount rate and softer projected profit margins.
Analysis Article Nov 26

Here's Why It's Unlikely That Bathurst Resources Limited's (ASX:BRL) CEO Will See A Pay Rise This Year

Key Insights Bathurst Resources to hold its Annual General Meeting on 3rd of December CEO Richard Tacon's total...
Narrative Update Nov 22

BRL: Inclusion In All Ordinaries Index And Growing Reserves Will Support Future Gains

Analysts have adjusted their price target for Bathurst Resources, maintaining a fair value estimate at $0.80 per share. Updated forecasts reflect slightly higher discount rates and lowered profit margins, which signals cautious optimism amid evolving financial outlooks.
Narrative Update Nov 05

BRL: Improved Profit Margin Outlook Will Drive Future Share Price Upside

Analysts have adjusted their price target for Bathurst Resources downward from $0.94 to $0.80. They cite concerns over reduced revenue growth outlook, despite an improved profit margin projection and updated discount rate assumptions.
Analysis Article Jun 10

Benign Growth For Bathurst Resources Limited (ASX:BRL) Underpins Its Share Price

With a price-to-earnings (or "P/E") ratio of 5.2x Bathurst Resources Limited ( ASX:BRL ) may be sending very bullish...
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New Narrative Jun 01

Buller And Tenas Will Expand Coal Supply Amid Market Risks

Accelerated project development and operational improvements lower costs and boost margins, while regulatory advantages reduce development risks and enhance earnings certainty.
Analysis Article Feb 27

Does Bathurst Resources (ASX:BRL) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jan 19

Announcing: Bathurst Resources (ASX:BRL) Stock Soared An Exciting 346% In The Last Five Years

For many, the main point of investing in the stock market is to achieve spectacular returns. And we've seen some truly...
Analysis Article Nov 27

How Much Is Bathurst Resources' (ASX:BRL) CEO Getting Paid?

Richard Tacon has been the CEO of Bathurst Resources Limited (ASX:BRL) since 2015, and this article will examine the...

Revenue & Expenses Breakdown

How Bathurst Resources makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:BRL Revenue, expenses and earnings (NZD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2531-790
30 Sep 2536-190
30 Jun 2542480
31 Mar 25422190
31 Dec 24433890
30 Sep 24433880
30 Jun 24433980
31 Mar 24434680
31 Dec 23445490
30 Sep 234472100
30 Jun 234490100
31 Mar 234381100
31 Dec 224272100
30 Sep 224151100
30 Jun 224030100
31 Mar 22414990
31 Dec 21436890
30 Sep 21466780
30 Jun 21486770
31 Mar 2148470
31 Dec 2047-5880
30 Sep 2047-5380
30 Jun 2047-4780
31 Mar 2048-780
31 Dec 19503480
30 Sep 19514080
30 Jun 19534580
31 Mar 19524480
31 Dec 18524390
30 Sep 18502490
30 Jun 1848690
31 Mar 1847-680
31 Dec 1746-380
30 Sep 1744-380
30 Jun 1742-1680
31 Mar 1742-1380
31 Dec 1643-1080
30 Sep 1647-570
30 Jun 1651170
31 Mar 1652-480
31 Dec 1554-9100
30 Sep 1553-13110
30 Jun 1551-16120

Quality Earnings: BRL is currently unprofitable.

Growing Profit Margin: BRL is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BRL is unprofitable, and losses have increased over the past 5 years at a rate of 7.1% per year.

Accelerating Growth: Unable to compare BRL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BRL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (59.9%).


Return on Equity

High ROE: BRL has a negative Return on Equity (-2.03%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/02 04:13
End of Day Share Price 2026/06/02 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bathurst Resources Limited is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig SainsburyCitigroup Inc
James StewartCLSA
Andrew Harvey-GreenForsyth Barr Group Ltd.