Cash flow Vulcan Energy Resources Limited

Equities

VUL

AU0000066086

Specialty Mining & Metals

Market Closed - Australian S.E. Other stock markets 04:10:09 12/01/26 pm AEDT			5-day change	1st Jan Change
4.640 ^AUD	+0.87%		+5.45%	+5.22%

06/01	ASX Biggest Gainers	MT
04/01	Vulcan Energy Resources Limited announced that it expects to receive funding from HOCHTIEF Aktiengesellschaft	CI

3.IC-3wl-8Dz2xJVz_Up_tVhCRJdTSD5rMZEclEejUM1Q.SBfohjvLYFf1cwy1NPekElKoaoPrYPeOHjFMepjiQDJnV--EM8hVc_4RbA

Published financial data: VULCAN ENERGY RESOURCES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	-	-	14.22M	25.66M	20.68M
Total Revenues	-	-	14.22M	25.66M	20.68M
Cost of Goods Sold, Total	-	-	6.24M	2.59M	750K
Gross Profit	-	-	7.98M	23.07M	19.93M
Selling General & Admin Expenses, Total	998K	3.49M	25.7M	30.17M	37.46M
Stock-Based Compensation (IS)	1.69M	6.86M	1.87M	1.69M	851K
Depreciation & Amortization - (IS)	-	132K	4.6M	5.87M	9.6M
Impairment of Oil, Gas & Mineral Properties - (IS)	286K	229K	-	-	-
Other Operating Expenses	103K	-340K	2.47M	20.1M	17.65M
Other Operating Expenses, Total	3.08M	10.37M	34.64M	57.83M	65.56M
Operating Income	-3.08M	-10.37M	-26.65M	-34.76M	-45.63M
Interest Expense, Total	-	-	-354K	-172K	-173K
Interest And Investment Income	45.34K	121K	1.23M	3.56M	1.89M
Net Interest Expenses	45.34K	121K	876K	3.39M	1.72M
Income (Loss) On Equity Invest.	-	-	-498K	-456K	-92K
Currency Exchange Gains (Loss)	-7.17K	76.04K	-210K	299K	1.46M
Other Non Operating Income (Expenses)	-363K	-572K	-620K	-	-
EBT, Excl. Unusual Items	-3.4M	-10.74M	-27.11M	-31.53M	-42.55M
Merger & Related Restructuring Charges	-150K	-	-	-	-
Impairment of Goodwill	-	-	-36K	-1.04M	-
Gain (Loss) On Sale Of Investments	-	-	-	3.87M	-
Gain (Loss) On Sale Of Assets	-	-	1.98M	-	-
Asset Writedown	-	-	-	-104K	-
EBT, Incl. Unusual Items	-3.55M	-10.74M	-27.11M	-28.8M	-42.55M
Income Tax Expense	-	-	-206K	-1.84M	-192K
Earnings From Continuing Operations	-3.55M	-10.74M	-26.9M	-26.96M	-42.36M
Net Income to Company	-3.55M	-10.74M	-26.9M	-26.96M	-42.36M
Net Income - (IS)	-3.55M	-10.74M	-26.9M	-26.96M	-42.36M
Net Income to Common Incl Extra Items	-3.55M	-10.74M	-26.9M	-26.96M	-42.36M
Net Income to Common Excl. Extra Items	-3.55M	-10.74M	-26.9M	-26.96M	-42.36M
Per Share Items
Net EPS - Basic	-0.07	-0.12	-0.19	-0.17	-0.23
Basic EPS - Continuing Operations	-0.07	-0.12	-0.19	-0.17	-0.23
Basic Weighted Average Shares Outstanding	48.23M	87.2M	143M	159M	182M
Net EPS - Diluted	-0.07	-0.12	-0.19	-0.17	-0.23
Diluted EPS - Continuing Operations	-0.07	-0.12	-0.19	-0.17	-0.23
Diluted Weighted Average Shares Outstanding	48.23M	87.2M	143M	159M	182M
Normalized Basic EPS	-0.04	-0.08	-0.12	-0.12	-0.15
Normalized Diluted EPS	-0.04	-0.08	-0.12	-0.12	-0.15
Supplemental Items
EBITDA	-2.79M	-10.04M	-22.87M	-30.94M	-37.59M
EBITA	-3.08M	-10.37M	-25.52M	-34.11M	-45.49M
EBIT	-3.08M	-10.37M	-26.65M	-34.76M	-45.63M
EBITDAR	-2.77M	-9.98M	-10.17M	-	-
Effective Tax Rate - (Ratio)	-	-	0.76	6.39	0.45
Current Foreign Taxes	-	-	-	-	57K
Total Current Taxes	-	-	-738K	106K	57K
Deferred Foreign Taxes	-	-	-	-	-249K
Total Deferred Taxes	-	-	532K	-1.95M	-249K
Normalized Net Income	-2.13M	-6.72M	-16.94M	-19.71M	-26.59M
Interest on Long-Term Debt	-	-	62K	172K	173K
Supplemental Operating Expense Items
General and Administrative Expenses	746K	2.81M	6.98M	-	-
Net Rental Expense, Total	18.15K	55.93K	1.26M	-	-
Stock-Based Comp., Other (Total)	1.84M	6.86M	1.87M	1.69M	851K
Total Stock-Based Compensation	1.84M	6.86M	1.87M	1.69M	851K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	6.42M	115M	134M	78.73M	97.05M
Total Cash And Short Term Investments	6.42M	115M	134M	78.73M	97.05M
Accounts Receivable, Total	-	-	1.3M	725K	1.03M
Other Receivables	116K	779K	4.02M	4.62M	7.16M
Notes Receivable	-	-	-	-	-
Total Receivables	116K	779K	5.32M	5.35M	8.2M
Inventory	-	-	155K	327K	137K
Prepaid Expenses	-	-	1.03M	712K	615K
Other Current Assets, Total	-	419K	-	958K	3.71M
Total Current Assets	6.54M	116M	141M	86.07M	110M
Gross Property Plant And Equipment	2.56M	15.69M	104M	200M	269M
Accumulated Depreciation	-	-22.35K	-593K	-9.03M	-14.88M
Net Property Plant And Equipment	2.56M	15.67M	103M	191M	254M
Long-term Investments	-	-	974K	2.67M	1.43M
Goodwill	-	-	1.04M	0	0
Other Intangibles, Total	13.35K	173K	2.41M	2.31M	4.22M
Deferred Tax Assets Long-Term	-	-	1.68M	3.21M	3.57M
Deferred Charges Long-Term	-	-	-	-	6.45M
Other Long-Term Assets, Total	-	-	-	11.78M	1.76M
Total Assets	9.11M	132M	250M	297M	381M
Liabilities
Accounts Payable, Total	85.9K	1.44M	6.48M	9.51M	11.49M
Accrued Expenses, Total	74.34K	590K	2.22M	7.38M	7.15M
Current Portion of Leases	-	62.39K	646K	1.09M	771K
Current Income Taxes Payable	-	-	91K	113K	57K
Unearned Revenue Current, Total	-	-	132K	-	2.11M
Other Current Liabilities	61.68K	168K	1.47M	2.7M	1.3M
Total Current Liabilities	222K	2.26M	11.04M	20.78M	22.87M
Long-Term Leases	-	497K	2.67M	3.32M	3.08M
Unearned Revenue Non Current	-	-	1.45M	2.82M	-
Deferred Tax Liability Non Current	-	-	1.7M	1.41M	1.54M
Other Non Current Liabilities	-	-	110K	264K	1.99M
Total Liabilities	222K	2.76M	16.97M	28.6M	29.48M
Common Stock, Total	11.84M	137M	259M	324M	454M
Retained Earnings	-4.67M	-15.42M	-41.87M	-68.84M	-111M
Comprehensive Income and Other	1.72M	7.9M	15.88M	13.38M	9.08M
Total Common Equity	8.89M	129M	233M	268M	352M
Minority Interest	-	-	-	-	19K
Total Equity	8.89M	129M	233M	268M	352M
Total Liabilities And Equity	9.11M	132M	250M	297M	381M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	70.83M	109M	143M	172M	218M
ECS Total Common Shares Outstanding	67.22M	108M	143M	172M	215M
Book Value / Share	0.13	1.19	1.63	1.56	1.64
Tangible Book Value	8.87M	129M	230M	266M	347M
Tangible Book Value Per Share	0.13	1.19	1.6	1.55	1.62
Total Debt	0	559K	3.32M	4.41M	3.85M
Net Debt	-6.42M	-114M	-131M	-74.32M	-93.2M
Debt Equivalent Oper. Leases	145K	447K	3.98M	-	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	19K
Equity Method Investments, Total	-	-	974K	124K	-
Account Code - Inventory Valuation	3	3	5	5	5
Inventories - Others	-	-	155K	327K	137K
Land - (BS)	-	-	1.54M	4.83M	4.88M
Machinery, Total	-	564K	27.41M	32.61M	97.01M
Full Time Employees	-	-	184	371	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	34K	-	67K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-3.55M	-10.74M	-26.9M	-26.96M	-42.36M
Depreciation & Amortization - CF	-	127K	3.43M	5.16M	9.12M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	1.13M	656K	142K
Impairment of Oil, Gas & Mineral Properties - (CF)	286K	229K	-	-	-
Depreciation & Amortization, Total	286K	356K	4.56M	5.81M	9.26M
Amortization of Deferred Charges, Total - (CF)	-	4.3K	42K	56K	339K
(Gain) Loss From Sale Of Asset	-	-	-1.98M	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-3.87M	-
Asset Writedown & Restructuring Costs	-	-	36K	1.14M	-
(Income) Loss On Equity Investments - (CF)	-	-	498K	456K	92K
Stock-Based Compensation (CF)	2.04M	6.86M	1.87M	1.69M	851K
Provision and Write-off of Bad Debts	-	-	-	-	67K
Other Operating Activities, Total	-	-	788K	-	-1.44M
Change In Accounts Receivable	-81.01K	-113K	-2.08M	-787K	-1.12M
Change In Accounts Payable	-24.17K	725K	6.68M	-1.7M	5.36M
Change in Unearned Revenues	-	-	-	-	-708K
Change In Deferred Taxes	-	-	-	-1.82M	-287K
Change in Other Net Operating Assets	-	73.88K	-288K	1.66M	-739K
Cash from Operations	-1.33M	-2.84M	-14.84M	-24.33M	-30.68M
Capital Expenditure	-1.21M	-7.15M	-61.05M	-92.63M	-70.31M
Cash Acquisitions	404	-	-31.46M	-115K	-371K
Sale (Purchase) of Intangible assets	-13.35K	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-2.49M	287K	-2.75M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-2.55M
Cash from Investing	-1.22M	-7.15M	-63.54M	-92.46M	-75.98M
Long-Term Debt Repaid, Total	-	-22.89K	-462K	-1.82M	-1.2M
Total Debt Repaid	-	-22.89K	-924K	-1.82M	-1.2M
Issuance of Common Stock	5.98M	124M	176M	67.35M	134M
Other Financing Activities, Total	-331K	-6.14M	-3.97M	-2.77M	-7.69M
Cash from Financing	5.65M	118M	-924K	62.76M	125M
Foreign Exchange Rate Adjustments	-22.42K	2.76K	-3.32M	-1.34M	-159K
Net Change in Cash	3.07M	108M	-82.62M	-55.38M	18.33M
Supplemental Items
Cash Interest Paid	-	6.75K	478K	172K	173K
Cash Income Tax Paid (Refund)	-	-	-	546K	100K
Levered Free Cash Flow	-992K	-5.51M	-33.45M	-99.2M	-91.4M
Unlevered Free Cash Flow	-992K	-5.51M	-33.45M	-99.1M	-91.29M
Change In Net Working Capital	-23.97K	-897K	-4.41M	-7.71M	2.91M
Net Debt Issued / Repaid	-	-22.89K	-924K	-1.82M	-1.2M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-29.56	-9.2	-7.22	-7.94	-8.41
Return on Total Capital	-30.35	-9.36	-7.49	-8.53	-9.08
Return On Equity %	-56.05	-15.59	-11.46	-10.75	-13.67
Return on Common Equity	-56.05	-15.59	-11.46	-10.75	-13.67
Margin Analysis
Gross Profit Margin %	-	-	56.14	89.89	96.37
SG&A Margin	-	-	180.72	117.58	181.15
EBITDA Margin %	-	-	-160.79	-120.56	-181.78
EBITA Margin %	-	-	-179.47	-132.92	-219.97
EBIT Margin %	-	-	-187.41	-135.48	-220.66
Income From Continuing Operations Margin %	-	-	-189.14	-105.08	-204.84
Net Income Margin %	-	-	-189.14	-105.08	-204.84
Net Avail. For Common Margin %	-	-	-189.14	-105.08	-204.84
Normalized Net Income Margin	-	-	-119.12	-76.81	-128.6
Levered Free Cash Flow Margin	-	-	-446.33	-386.61	-442.01
Unlevered Free Cash Flow Margin	-	-	-446.33	-386.19	-441.49
Asset Turnover
Asset Turnover	-	-	0.04	0.09	0.06
Fixed Assets Turnover	-	-	0.18	0.17	0.09
Receivables Turnover (Average Receivables)	-	-	-	25.29	23.53
Inventory Turnover (Average Inventory)	-	-	-	10.76	3.23
Short Term Liquidity
Current Ratio	29.46	51.22	12.74	4.14	4.8
Quick Ratio	29.46	51.03	12.63	4.04	4.6
Operating Cash Flow to Current Liabilities	-6	-1.26	-1.34	-1.17	-1.34
Days Sales Outstanding (Average Receivables)	-	-	-	14.43	15.56
Days Outstanding Inventory (Average Inventory)	-	-	-	33.92	113.22
Average Days Payable Outstanding	-	-	-	1.06K	6.86K
Cash Conversion Cycle (Average Days)	-	-	-	-1.01K	-6.73K
Long Term Solvency
Total Debt/Equity	-	0.43	1.42	1.64	1.1
Total Debt / Total Capital	-	0.43	1.4	1.62	1.08
LT Debt/Equity	-	0.38	1.15	1.24	0.88
Long-Term Debt / Total Capital	-	0.38	1.13	1.22	0.87
Total Liabilities / Total Assets	2.44	2.09	6.79	9.63	7.74
EBIT / Interest Expense	-	-	-75.29	-202.11	-263.76
EBITDA / Interest Expense	-	-	-62.42	-168.31	-210.24
(EBITDA - Capex) / Interest Expense	-	-	-234.87	-706.87	-616.68
Total Debt / EBITDA	-	-0.06	-0.15	-0.15	-0.11
Net Debt / EBITDA	2.3	11.4	5.92	2.57	2.56
Total Debt / (EBITDA - Capex)	-	-0.03	-0.04	-0.04	-0.04
Net Debt / (EBITDA - Capex)	1.61	6.65	1.57	0.61	0.87
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	-	112.15	-19.41
Gross Profit, 1 Yr. Growth %	-	-	-	226.82	-13.6
EBITDA, 1 Yr. Growth %	417.96	235.41	179.29	48.79	21.51
EBITA, 1 Yr. Growth %	272.33	216.32	199.11	39.05	33.37
EBIT, 1 Yr. Growth %	272.33	216.32	206.49	38.53	31.26
Earnings From Cont. Operations, 1 Yr. Growth %	324.71	202.38	180.27	3.61	57.1
Net Income, 1 Yr. Growth %	324.71	202.38	180.27	3.61	57.1
Normalized Net Income, 1 Yr. Growth %	306.78	215.71	203.67	22.95	34.93
Diluted EPS Before Extra, 1 Yr. Growth %	179.17	67.18	96.04	-10.13	36.89
Accounts Receivable, 1 Yr. Growth %	-	-	-	-44.4	42.48
Inventory, 1 Yr. Growth %	-	-	-	110.97	-58.1
Net Property, Plant and Equip., 1 Yr. Growth %	386.12	512.74	653.61	84.55	33.04
Total Assets, 1 Yr. Growth %	132.94	1.35K	213.62	18.69	28.34
Tangible Book Value, 1 Yr. Growth %	133.92	1.35K	198.99	15.79	30.58
Common Equity, 1 Yr. Growth %	134.27	1.35K	203.38	15.06	31.03
Cash From Operations, 1 Yr. Growth %	268.47	113.29	538.19	79.01	26.09
Capital Expenditures, 1 Yr. Growth %	175.21	492.58	619.36	107.09	-24.09
Levered Free Cash Flow, 1 Yr. Growth %	106.42	500.67	870.82	-	-7.86
Unlevered Free Cash Flow, 1 Yr. Growth %	106.42	500.67	870.82	-	-7.87
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	-	30.76
Gross Profit, 2 Yr. CAGR %	-	-	-	-	68.04
EBITDA, 2 Yr. CAGR %	-	331.48	198.39	-	34.46
EBITA, 2 Yr. CAGR %	140.07	254.16	199.77	-	36.18
EBIT, 2 Yr. CAGR %	140.07	254.16	203.44	-	34.85
Earnings From Cont. Operations, 2 Yr. CAGR %	129.68	258.36	183.71	-	27.58
Net Income, 2 Yr. CAGR %	129.68	258.36	183.71	-	27.58
Normalized Net Income, 2 Yr. CAGR %	124.78	258.36	201.76	-	28.8
Diluted EPS Before Extra, 2 Yr. CAGR %	7.37	116.04	76.43	-	10.92
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-11
Inventory, 2 Yr. CAGR %	-	-	-	-	-5.99
Net Property, Plant and Equip., 2 Yr. CAGR %	160.94	445.77	565.56	-	56.69
Total Assets, 2 Yr. CAGR %	41.97	480.46	559.56	-	23.42
Tangible Book Value, 2 Yr. CAGR %	40.95	482.75	545.18	-	22.96
Common Equity, 2 Yr. CAGR %	41.06	483.14	549.84	-	22.79
Cash From Operations, 2 Yr. CAGR %	27.21	180.34	259.51	-	50.24
Capital Expenditures, 2 Yr. CAGR %	118.21	303.84	536.31	-	25.38
Levered Free Cash Flow, 2 Yr. CAGR %	-	238.55	643.77	-	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	238.55	643.77	-	-
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	-	-	266.98	-	-
EBITA, 3 Yr. CAGR %	-	168.77	229.06	-	-
EBIT, 3 Yr. CAGR %	-	168.77	231.75	-	-
Earnings From Cont. Operations, 3 Yr. CAGR %	-	151.73	224.55	-	-
Net Income, 3 Yr. CAGR %	-	151.73	224.55	-	-
Normalized Net Income, 3 Yr. CAGR %	-	151.73	233.34	-	-
Diluted EPS Before Extra, 3 Yr. CAGR %	-	24.45	105.6	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-	246.83	499.38	-	-
Total Assets, 3 Yr. CAGR %	-	207.77	366.21	-	-
Tangible Book Value, 3 Yr. CAGR %	-	206.68	360.05	-	-
Common Equity, 3 Yr. CAGR %	-	206.82	362.5	-	-
Cash From Operations, 3 Yr. CAGR %	-	51.12	262.47	-	-
Capital Expenditures, 3 Yr. CAGR %	-	204.44	381.21	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	372.61	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	372.61	-	-