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Boss Energy Limited
(Sydney:BOE)
Boss Energy Limited (BOE) vs. S&P 500 (SPY)
Boss Energy Limited Business Overview & Revenue Model
Boss Energy Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 47.79M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -659.00K | -386.00K | -78.00K | -40.87K | -68.08K | -131.21K | EBIT |
| -14.10M | -11.14M | -6.61M | -6.69M | -4.20M | -5.61M | EBITDA |
| -21.69M | -14.20M | 12.55M | 31.13M | -3.76M | -5.07M | Net Income Common Stockholders |
| -22.55M | 44.59M | 12.55M | 31.19M | 864.75K | -5.08M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| ― | 67.28M | 89.05M | 132.74M | 20.89M | 3.84M | Total Assets |
| 20.05K | 571.91M | 267.74M | 248.18M | 94.93M | 21.71M | Total Debt |
| 0.00 | 648.00K | 95.00K | 141.38K | 0.00 | 0.00 | Net Debt |
| ― | -66.47M | -88.84M | -132.50M | -20.87M | -3.82M | Total Liabilities |
| ― | 61.61M | 16.98M | 11.61M | 9.47M | 9.64M | Stockholders Equity |
| 19.53K | 510.30M | 250.76M | 236.57M | 85.46M | 12.06M |
| Cash Flow | Free Cash Flow | ||||
| -4.55M | -102.08M | -43.49M | -7.37M | -4.82M | -2.75M | Operating Cash Flow |
| 17.49M | -11.67M | -3.54M | -4.35M | -3.24M | -2.67M | Investing Cash Flow |
| -23.16M | -223.44M | -40.64M | -2.75M | -51.33M | -36.63K | Financing Cash Flow |
| -69.36K | 211.64M | -42.00K | 118.86M | 71.61M | -4.00M |
Boss Energy Limited Technical Analysis
Boss Energy Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
52 Neutral | $1.17B | 22.85 | -4.52% | ― | ― | -127.09% | |
49 Neutral | $1.96B | -1.42 | -21.96% | 3.81% | 0.71% | -27.38% | |
45 Neutral | AU$108.46M | ― | -5.22% | ― | ― | ― | |
45 Neutral | $2.22B | 28.42 | -1.76% | ― | ― | -119.85% | |
37 Underperform | $997.19M | ― | -1.42% | ― | -97.09% | 49.32% | |
36 Underperform | AU$371.99M | ― | -4.30% | ― | ― | 22.46% | |
34 Underperform | $810.79M | ― | ― | ― | 88.27% |
Boss Energy Limited Earnings Call Summary
Boss Energy Limited Corporate Events
Boss Energy Limited announced the ongoing expansion of the Alta Mesa Uranium Project, operated by enCore Energy Corp. The project is progressing towards an annual production rate of 1.5 million pounds of U3O8, with significant advancements in wellfield development and optimization. This expansion is expected to enhance the productive life of existing wellfields and improve future operations, potentially strengthening Boss Energy’s position in the uranium market.
Boss Energy Limited has announced a change in the interests of a substantial holder, with State Street Bank and Trust Company being a significant stakeholder. The change involves various securities lending agreements, which impact the voting power and relevant interests of the company, potentially affecting its market position and stakeholder dynamics.
Boss Energy Limited has announced a change in the interests of a substantial shareholder, Citigroup Global Markets Australia Pty Limited, which is part of the Citigroup group of companies. The notice reveals an increase in Citigroup’s voting power in Boss Energy from 5.6544% to 6.6696%. This change reflects Citigroup’s increased relevant interest in Boss Energy’s shares through securities lending agreements and stock market transactions, potentially impacting the company’s shareholder dynamics and market perception.
Boss Energy Limited announced an increase in uranium extraction at the Alta Mesa Uranium Project, with enCore Energy Corp ramping up production to an annualized rate of 1.5 million pounds of U3O8. The project achieved a uranium capture of 50,000 pounds in March 2025, with Boss entitled to 30% of this output. The improved production rates have allowed enCore to accelerate its contract delivery requirements from August to May 2025, highlighting the project’s operational success and potential positive impact on stakeholders.
Boss Energy Limited hosted a site visit for equity research analysts at its Honeymoon Uranium mine in South Australia, providing an update on the mine’s quarterly production. This initiative underscores Boss Energy’s strategic positioning in the uranium market, potentially enhancing stakeholder confidence and market perception.
Boss Energy Limited, a company in the energy sector, has experienced a change in its substantial shareholders. Citigroup Global Markets Australia Pty Limited and its related entities have ceased to be substantial holders of Boss Energy as of March 17, 2025. This change in shareholder status is due to transactions involving securities lending agreements, impacting the number of ordinary fully paid shares held by Citigroup entities. The shift in shareholding may influence Boss Energy’s market dynamics and stakeholder interests.
Boss Energy Limited has announced a change in the interests of a substantial holder, with State Street Bank and Trust Company and its affiliates holding significant voting power in the company. This development indicates a shift in the control and influence within the company, potentially impacting its strategic decisions and stakeholder interests.
Boss Energy Limited has completed the issuance of 5,225,000 fully paid ordinary shares as part of its acquisition of shares in Queensland uranium developer, Laramide Resources Limited. This move is aligned with the company’s strategic growth in the uranium sector, enhancing its market position and potentially benefiting stakeholders through increased asset holdings.
Boss Energy Limited has announced the issuance of 5,225,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code BOE. This move is part of previously announced transactions and reflects the company’s ongoing efforts to strengthen its financial position and enhance its market presence.
Boss Energy Limited has announced that enCore Energy Corp, in which Boss holds a 30 percent interest, is expanding its extraction capacity and accelerating wellfield development at the Alta Mesa Project in Texas. The project has successfully started the second Ion Exchange Circuit at the Central Processing Plant, which is currently operating at 75% of its designed capacity due to wellfield development constraints. enCore is working to secure additional drill rig capacity to enhance wellfield flow rates and plans to bring a third Ion Exchange Circuit online by 2026. Boss Energy’s Managing Director, Duncan Craib, expressed confidence in enCore’s efforts to address these challenges and achieve the targeted annual production rate of 1.5 million pounds of uranium.
Boss Energy Limited has announced a proposed issue of 5,225,000 ordinary fully paid securities, scheduled for March 20, 2025. This move is part of the company’s strategy to strengthen its financial position and potentially expand its operations, which could have significant implications for its market positioning and stakeholder interests.
Boss Energy Limited has acquired a significant stake in Laramide Resources, a Queensland-based uranium developer, by purchasing 23.5 million shares for approximately A$15.5 million. This strategic investment increases Boss’s interest in Laramide to 18.4% and provides exposure to Laramide’s Westmoreland Uranium Project, despite the current moratorium on uranium mining in Queensland. Boss believes the investment is prudent given the potential value of the Westmoreland project if the ban is lifted, and plans to leverage its expertise and financial strength to benefit stakeholders.
Boss Energy Limited has announced a change in the interests of a substantial holder, with State Street Bank and Trust Company and its subsidiaries being significant stakeholders. This change in voting power reflects a shift in the company’s shareholder structure, potentially impacting its strategic decisions and influence within the industry. The announcement highlights the role of securities lending agreements in the management of these interests, which may have implications for the company’s governance and future financial strategies.
Boss Energy Limited has entered into an Option and Earn-in Agreement with Eclipse Metals for the Liverpool Uranium Project in the Northern Territory’s Alligator Rivers Uranium Field. This agreement allows Boss to earn up to an 80% interest in the project by investing $8 million over seven years, with an option to increase its stake to 90%. The project is considered highly prospective for uranium mineralization, and Boss plans to leverage its technical expertise to explore and develop the site, potentially strengthening its position in the uranium market.
Eclipse Metals Ltd has entered into a binding option and earn-in agreement with Boss Energy Limited to advance the Liverpool Uranium Project in Northern Territory, Australia. This strategic alliance allows Boss Energy to earn up to an 80% interest in the project by investing up to $8 million in exploration over seven years, with the potential to increase its stake to 90% for an additional $50 million. This partnership enables Eclipse to focus on its rare earth assets in Greenland while maintaining a strong presence in the Australian uranium sector, potentially enhancing shareholder value and accelerating exploration efforts.
Boss Energy Limited announced that enCore Energy Corp has filed Technical Report Summaries for its key uranium projects, including the Alta Mesa Uranium Project, in which Boss holds a 30% stake. The project is increasing its production to an annualized rate of 1.5 million pounds of U3O8, indicating a significant boost in operations and potential positive impact on Boss Energy’s market position.
Boss Energy Limited announced that enCore Energy Corp has filed Technical Report Summaries for its key uranium projects, including the Alta Mesa Uranium Project in Texas, where Boss holds a 30% interest. This development indicates a ramp-up in production to an annualized rate of 1.5 million pounds of U3O8, potentially enhancing Boss Energy’s market position and offering significant implications for stakeholders.
Boss Energy Limited has released its inaugural Sustainability Report, marking a significant milestone in its commitment to strong ESG practices. The report outlines the company’s sustainability performance and its adherence to global and Australian sustainability standards, reinforcing its role in the energy transition and long-term sustainability.
Boss Energy Limited reported a significant increase in revenue from uranium oxide sales, rising by 100% to $47.8 million for the half-year ended December 31, 2024. Despite this revenue growth, the company experienced a downturn in profitability, with a loss after tax of $9.5 million, down 116% from the previous year. The net tangible assets per share slightly decreased to $1.23, and no dividends were declared. This financial performance suggests challenges in converting increased sales into profit, impacting stakeholders’ expectations.
Boss Energy Limited has completed the issuance of 8,453 fully paid ordinary shares as part of its Employee Securities Incentive Plans. This move, under the exemption provided by section 708A(5) of the Corporations Act, allows these shares to be sold without disclosure, which supports the company’s compliance with regulatory requirements and reinforces its commitment to transparent operational practices.
Boss Energy Ltd has announced the cessation of certain securities, specifically the lapse of 119,665 performance rights. This cessation results from the conditions tied to these securities not being met, which could affect the company’s capital structure and influence investor perceptions regarding its operational performance and strategic direction.
Boss Energy Limited has achieved significant milestones in its uranium production ramp-up, with a 53% increase in drummed uranium and a 96% increase in IX production from the previous quarter. The company has declared commercial production as of January 1, 2025, and is set to commence additional IX circuits in the coming months. Financially, Boss Energy maintains a strong position with $252 million in cash and liquid assets and has set a C1 cost guidance of $37-41/lb for the second half of FY25. The company is on track to deliver 850,000 lbs of uranium in FY2025 and aims to reach full operational capacity at Alta Mesa by 2026, highlighting its commitment to growth and operational efficiency.
Boss Energy Limited has declared commercial production at its Honeymoon Uranium Project in South Australia, following a successful ramp-up in operations. The project is set to meet production guidance of 850,000 lbs of U3O8 for FY25, with C1 cost guidance of $37-41/lb (USD $23-25/lb) aligning with inflationary trends. The successful implementation of ion-exchange technology has been pivotal to reaching this milestone. Simultaneously, Boss’s investment in the Alta Mesa Uranium Operation in Texas has yielded its first uranium shipment, reinforcing the company’s growth trajectory. With a robust balance sheet of $252 million in liquid assets and zero debt, Boss is well-positioned for long-term success and aims to enhance shareholder value amidst a favorable uranium market cycle.
Boss Energy Limited reported its quarterly cash flow, showing a positive net cash flow of $7.914 million from operating activities, but a negative net cash flow of $16.5 million from investing activities. This indicates a focus on investment and development, which could impact their financial stability and growth prospects in the short term.