The earnings call revealed a mix of strong financial stability and future growth potential, overshadowed by recent operational challenges and a reduction in EBITDA. While the company maintains a healthy cash position and has future projects lined up, the significant setbacks in export operations and unmet financial guidance highlight areas of concern.
Company Guidance
In the Q4 2024 earnings call for BRL.AX, Richard Tacon outlined the company's performance and future guidance, emphasizing various financial and operational metrics. The company reported an EBITDA of $90.5 million for the full year, a decline of approximately 5% from the previous year, primarily due to reduced export pricing and operational disruptions, including a tunnel incident at Reefton. Despite these challenges, the company maintains a strong financial position with $141 million in cash and no significant debt. Looking ahead, BRL.AX anticipates an EBITDA range of $55 million to $65 million for FY '25, factoring in continued challenges with the Reefton tunnel and export pricing. Operationally, the company is focusing on expanding its New Zealand mines and exploring growth opportunities in British Columbia, Canada, while maintaining its commitment to environmental and community responsibilities, particularly with First Nations groups.
Strong Cash Position
BRL.AX maintains a strong cash position with $141 million in cash and no real debt, which ensures financial stability and potential for future investments.
Consistent Domestic Demand
Consistent demand for coal in domestic steelmaking, supported by a coalition government in New Zealand favoring mineral development.
Increased Sales at Takitimu
Takitimu mine experienced slightly increased sales and decreased costs, leading to an increase in EBITDA.
Future Growth Potential
Plans for projects in British Columbia, including Crown Mountain and Tenas projects, which could significantly contribute to future production and revenue.
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Bathurst Resources Ltd (AU:BRL) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AU:BRL Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 28, 2024
AU$0.85
AU$0.88
+3.53%
Aug 29, 2023
AU$1.02
AU$1.01
-0.98%
Feb 27, 2023
AU$1.02
AU$1.08
+5.85%
Aug 29, 2022
AU$1.02
AU$0.95
-7.32%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bathurst Resources Ltd (AU:BRL) report earnings?
Bathurst Resources Ltd (AU:BRL) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Bathurst Resources Ltd (AU:BRL) earnings time?
Bathurst Resources Ltd (AU:BRL) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.