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LCD

Latitude ConsolidatedASX:LCD Stock Report

Market Cap

AU$46.7m

7D

4.0%

1Y

136.4%

Updated

17 Oct, 2021

Data

Company Financials
LCD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

LCD Overview

Latitude Consolidated Limited engages in the exploration of gold properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Latitude Consolidated
Historical stock prices
Current Share PriceAU$0.052
52 Week HighAU$0.018
52 Week LowAU$0.087
Beta0.90
1 Month Change-6.31%
3 Month Change-10.35%
1 Year Change136.36%
3 Year Change173.68%
5 Year Change-3.70%
Change since IPO-100.00%

Recent News & Updates

Shareholder Returns

LCDAU Metals and MiningAU Market
7D4.0%4.3%0.9%
1Y136.4%12.2%20.2%

Return vs Industry: LCD exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: LCD exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is LCD's price volatile compared to industry and market?
LCD volatility
LCD Beta0.90
Industry Beta0.97
Market Beta1

Stable Share Price: LCD is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: LCD's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aTim Davidsonhttps://latitudeconsolidated.com.au

Latitude Consolidated Limited engages in the exploration of gold properties in Australia. Its flagship project is the Murchison gold project covering an area of 343 square kilometers located in the prolific Murchison Gold Fields, Western Australia. Latitude Consolidated Limited is headquartered in West Perth, Australia.

Latitude Consolidated Fundamentals Summary

How do Latitude Consolidated's earnings and revenue compare to its market cap?
LCD fundamental statistics
Market CapAU$46.73m
Earnings (TTM)-AU$3.44m
Revenue (TTM)AU$20.00k

2.6kx

P/S Ratio

-13.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LCD income statement (TTM)
RevenueAU$20.00k
Cost of RevenueAU$0
Gross ProfitAU$20.00k
ExpensesAU$3.46m
Earnings-AU$3.44m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0038
Gross Margin100.00%
Net Profit Margin-17,201.07%
Debt/Equity Ratio0.0%

How did LCD perform over the long term?

See historical performance and comparison

Valuation

Is Latitude Consolidated undervalued compared to its fair value and its price relative to the market?

2.47x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LCD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LCD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LCD is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: LCD is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LCD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LCD's PB Ratio (2.5x) is in line with the AU Metals and Mining industry average.


Future Growth

How is Latitude Consolidated forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.3%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Latitude Consolidated has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Latitude Consolidated performed over the past 5 years?

-17.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LCD is currently unprofitable.

Growing Profit Margin: LCD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LCD is unprofitable, and losses have increased over the past 5 years at a rate of 17.3% per year.

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

Earnings vs Industry: LCD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: LCD has a negative Return on Equity (-18.18%), as it is currently unprofitable.


Financial Health

How is Latitude Consolidated's financial position?


Financial Position Analysis

Short Term Liabilities: LCD's short term assets (A$9.4M) exceed its short term liabilities (A$842.7K).

Long Term Liabilities: LCD's short term assets (A$9.4M) exceed its long term liabilities (A$3.2M).


Debt to Equity History and Analysis

Debt Level: LCD is debt free.

Reducing Debt: LCD currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: LCD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LCD has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 33.3% each year


Dividend

What is Latitude Consolidated current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LCD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LCD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LCD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LCD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LCD's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Tim Davidson

0.67

Tenure

AU$1,089,995

Compensation

Mr. Tim Davidson serves as Chief Executive Officer at Latitude Consolidated Limited since February 2021.


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD809.02K) is above average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Insufficient data to compare Tim's compensation with company performance.


Leadership Team

Experienced Management: LCD's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: LCD's board of directors are considered experienced (8.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 221.4%.


Top Shareholders

Company Information

Latitude Consolidated Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Latitude Consolidated Limited
  • Ticker: LCD
  • Exchange: ASX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$46.734m
  • Shares outstanding: 898.74m
  • Website: https://latitudeconsolidated.com.au

Location

  • Latitude Consolidated Limited
  • 16 Ord Street
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:05
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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 here.