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Neometals Ltd engages in the development and commercialisation of sustainable processing solutions that recycle and recover critical materials from waste streams in Australia. The company operates through Lithium; Titanium/Vanadium; Gold; and Other segments. The Lithium segment comprises RAM, Primobius, ACN630, and Utah projects and businesses. The titanium/vanadium segment includes Vanadium-Titanium Mineral Resource (VTM) and Vanadium Recovery project (VRP). The gold segment engages in the gold exploration and development activities, including the Barrambie Gold and Copper project. Neometals Ltd was incorporated in 2001 and is based in West Perth, Australia.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Neometals Ltd is an Australian company developing battery materials and recycling technologies, including a joint venture with SMS group to recycle lithium‑ion batteries and the Barrambie vanadium‑titanium project in Western Australia. Long‑term growth may be supported by rising EV adoption, regulatory pressure to increase recycling, and commercialization of its processing technologies, offering exposure to critical minerals and circular battery supply chains.
Major risks are execution and financing needs for projects, commodity price volatility, permitting and environmental approvals, and dependence on partner performance.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Income before tax | -14.18M | -17.94M | -32.23M | -35.98M | -16.23M |
| Net income | -7.65M | -31.02M | -69.11M | -34.80M | 4.36M |
| Selling general administrative | - | 6.87M | 8.11M | 11.34M | 8.99M |
| Selling and marketing expenses | - | 0.21M | 0.22M | 0.45M | 0.52M |
| Gross profit | -0.36M | -0.45M | -0.49M | -0.42M | -0.46M |
| Reconciled depreciation | - | 0.45M | 0.49M | 0.52M | 0.46M |
| Ebit | -11.85M | -12.77M | -29.33M | -25.25M | -14.97M |
| Ebitda | -11.48M | -12.58M | -28.83M | -24.83M | -14.51M |
| Depreciation and amortization | 0.36M | 0.19M | 0.49M | 0.42M | 0.46M |
| Operating income | -11.85M | -12.39M | -15.08M | -21.50M | -23.19M |
| Other operating expenses | 11.85M | 7.52M | 15.08M | 21.50M | 23.19M |
| Interest expense | 0.50M | 0.23M | 0.10M | 0.03M | 0.08M |
| Tax provision | - | -0.34M | -0.32M | -1.37M | -5.07M |
| Interest income | - | 0.27M | 0.53M | 1.06M | 0.25M |
| Net interest income | - | 0.05M | 0.42M | 1.03M | 0.18M |
| Extraordinary items | - | -13.41M | -37.20M | -0.20M | 15.53M |
| Income tax expense | -0.15M | 0.34M | -0.32M | -1.38M | -5.07M |
| Total revenue | - | 0.00M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 11.48M | 7.52M | 9.60M | 21.08M | 22.74M |
| Cost of revenue | 0.36M | 0.45M | 0.49M | 0.42M | 0.46M |
| Total other income expense net | -2.34M | -5.55M | -17.15M | -14.48M | 6.96M |
| Discontinued operations | - | - | - | - | 15.53M |
| Net income from continuing ops | - | -17.60M | -38.17M | -34.80M | -11.17M |
| Net income applicable to common shares | - | -31.02M | -69.11M | -34.80M | 4.36M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Total assets | 22.06M | 24.29M | 42.13M | 97.74M | 131.04M |
| Intangible assets | 0.27M | 0.35M | 0.29M | 0.95M | 1.00M |
| Other current assets | 0.01M | 14.95M | 20.95M | 0.00M | 0.00M |
| Total liab | 6.30M | 6.10M | 5.66M | 4.22M | 4.44M |
| Total stockholder equity | 16.38M | 18.64M | 36.48M | 93.52M | 126.60M |
| Other current liab | 1.65M | 0.93M | 0.21M | 0.00M | 0.00M |
| Common stock | 174.45M | 170.41M | 158.71M | 146.23M | 145.56M |
| Capital stock | - | - | - | 146.23M | 145.56M |
| Retained earnings | -160.52M | -154.10M | -124.52M | -63.55M | -28.74M |
| Other liab | - | - | - | 0.07M | 0.78M |
| Other assets | - | - | - | 0.20M | 0.55M |
| Cash | 3.35M | 4.13M | 9.10M | 24.44M | 60.16M |
| Cash and equivalents | - | - | - | 24.44M | 60.16M |
| Total current liabilities | 2.54M | 1.98M | 1.64M | 3.50M | 3.66M |
| Current deferred revenue | - | - | 1.27M | 2.89M | 2.37M |
| Net debt | 0.89M | 0.37M | -8.98M | -23.50M | -59.79M |
| Short term debt | 0.51M | 0.81M | 0.13M | 0.29M | 0.37M |
| Short long term debt total | 4.24M | 4.50M | 0.13M | 0.94M | 0.37M |
| Other stockholder equity | - | 0.00M | 0.00M | 0.30M | 9.78M |
| Property plant equipment | - | - | - | 49.14M | 42.36M |
| Total current assets | 4.09M | 19.64M | 30.83M | 27.23M | 62.91M |
| Long term investments | - | - | - | 20.43M | 24.43M |
| Net tangible assets | - | - | - | 92.57M | 125.60M |
| Short term investments | 0.18M | 0.16M | 0.33M | 0.76M | 2.23M |
| Net receivables | 0.54M | 0.26M | 0.73M | 1.73M | 0.34M |
| Inventory | - | - | -0.50M | 0.30M | 0.18M |
| Accounts payable | 0.38M | 0.24M | 0.03M | 0.32M | 0.92M |
| Accumulated other comprehensive income | 2.45M | 2.34M | 2.29M | 10.84M | 9.78M |
| Non currrent assets other | 15.35M | 0.13M | -16.23M | -0.07M | -0.07M |
| Non current assets total | 17.97M | 4.64M | 11.31M | 70.51M | 68.13M |
| Capital lease obligations | - | - | - | 0.94M | 0.37M |
| Long term debt total | - | - | - | 0.65M | 0.00M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Investments | - | -6.39M | -12.11M | -14.93M | -6.81M |
| Change to liabilities | - | - | - | -0.91M | -8.43M |
| Total cashflows from investing activities | 3.41M | -6.39M | -12.63M | -15.98M | -12.65M |
| Net borrowings | - | - | - | -0.35M | -0.33M |
| Total cash from financing activities | 3.69M | 12.90M | 10.36M | -0.37M | 3.61M |
| Change to operating activities | - | - | - | 0.02M | -0.65M |
| Net income | -14.03M | -31.02M | -0.07M | -34.80M | -11.17M |
| Change in cash | -0.78M | -4.97M | -15.31M | -35.72M | -33.74M |
| Begin period cash flow | 4.13M | 9.10M | 24.44M | 60.16M | 93.90M |
| End period cash flow | 3.35M | 4.13M | 9.13M | 24.44M | 60.16M |
| Total cash from operating activities | -7.88M | -11.51M | -13.06M | -19.37M | -24.87M |
| Issuance of capital stock | - | 13.28M | 12.13M | - | - |
| Depreciation | 0.36M | 0.45M | 0.49M | 0.52M | 0.46M |
| Other cashflows from investing activities | - | -5.01M | -4.00M | -0.01M | -0.51M |
| Dividends paid | - | - | - | 0.33M | 0.32M |
| Change to account receivables | 0.24M | 0.18M | 1.61M | -1.51M | -0.27M |
| Sale purchase of stock | - | -0.28M | -0.96M | -0.02M | -0.01M |
| Other cashflows from financing activities | -0.25M | 0.17M | -0.64M | -0.35M | 3.95M |
| Change to netincome | - | - | - | 16.29M | -20.97M |
| Capital expenditures | 0.01M | 1.38M | 0.03M | 6.42M | 5.34M |
| Change in working capital | 0.79M | -0.38M | 0.72M | -1.63M | -3.91M |
| Stock based compensation | - | 0.61M | 0.00M | 0.00M | 0.00M |
| Other non cash items | 5.00M | 18.83M | -13.71M | 17.32M | -4.82M |
| Free cash flow | -7.90M | -12.88M | -13.09M | -25.80M | -30.21M |
Sector: Industrials Industry: Waste Management
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| NMT Neometals Ltd |
-0.00 3.85% |
0.03 | - | 8.39 | 12.18 | 1.34 | 411.14 | -11.04 |
| CWY Cleanaway Waste Management Ltd |
- -% |
3.01 | 75.25 | 28.49 | 1.53 | 2.24 | 2.09 | 12.76 |
| IFN Infragreen Group Ltd |
-0.01 1.72% |
0.57 | 14.50 | 25.71 | 364.39 | 0.82 | 4.71 | 9.77 |
| CLG Close the Loop Ltd |
0.00 7.50% |
0.04 | - | 10.00 | 0.19 | 0.77 | 0.67 | 7.07 |
| LIT Livium Ltd |
- -% |
0.01 | - | - | 1.87 | 1.56 | 2.06 | -1.70 |
Neometals Ltd engages in the development and commercialisation of sustainable processing solutions that recycle and recover critical materials from waste streams in Australia. The company operates through Lithium; Titanium/Vanadium; Gold; and Other segments. The Lithium segment comprises RAM, Primobius, ACN630, and Utah projects and businesses. The titanium/vanadium segment includes Vanadium-Titanium Mineral Resource (VTM) and Vanadium Recovery project (VRP). The gold segment engages in the gold exploration and development activities, including the Barrambie Gold and Copper project. Neometals Ltd was incorporated in 2001 and is based in West Perth, Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. Christopher John Reed ASA, GrdCerMinEcon, MAusIMM | MD, CEO & Exec. Director | 1973 |
| Mr. Jason Carone | Company Sec. & CFO | NA |
| Mr. Michael Tamlin | Chief Operating Officer | NA |
| Mr. Darren Paul Townsend | Chief Devel. Officer | 1969 |
| Mr. Jeremy Mcmanus | Gen. Mang. of Commercial & Investor Relations | NA |
| Mr. Paul Wallwork | Gen. Mang. of Marketing & Product Devel. | NA |
| Ms. Merrill Gray AFAIM, B.Min.Tech, B.Sc, M.B.A., MAusIMM | Head of Recycling | 1965 |
| Mr. Christopher John Reed ASA, GrdCerMinEcon, MAusIMM | MD, CEO & Executive Director | 1973 |
| Mr. Jason Carone | Company Secretary & CFO | NA |
| Mr. Darren Paul Townsend | Chief Development Officer | 1969 |
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