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Develop Global Limited
(Sydney:DVP)
Develop Global Limited (DVP) vs. S&P 500 (SPY)
Develop Global Limited Business Overview & Revenue Model
Develop Global Limited Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 147.23M | 67.78M | 4.51M | 0.00 | 16.54K | Gross Profit |
| 100.07M | -11.13M | 873.35K | -415.39K | -1.27M | EBIT |
| -9.47M | -14.09M | -9.10M | -89.26M | -3.84M | EBITDA |
| 14.13M | -1.33M | -8.63M | -89.37M | -2.52M | Net Income Common Stockholders |
| -12.13M | -17.89M | -9.22M | -89.88M | -3.90M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 41.50M | 21.77M | 43.21M | 16.83M | 2.26M | Total Assets |
| 471.23M | 245.80M | 204.88M | 57.32M | 41.87M | Total Debt |
| 40.81M | 27.91M | 3.52M | 103.78K | 2.13M | Net Debt |
| -687.81K | 6.14M | -39.69M | -16.73M | -127.80K | Total Liabilities |
| 121.79M | 96.14M | 60.33M | 21.72M | 17.99M | Stockholders Equity |
| 349.27M | 149.66M | 144.55M | 35.60M | 23.88M |
| Cash Flow | Free Cash Flow | |||
| -22.75M | -27.76M | -15.61M | -5.01M | -6.40M | Operating Cash Flow |
| 11.00M | 12.24M | -6.62M | -2.43M | -2.55M | Investing Cash Flow |
| -32.15M | -38.62M | -25.47M | -2.43M | -3.85M | Financing Cash Flow |
| 40.88M | 4.92M | 58.49M | 19.43M | 3.74M |
Develop Global Limited Technical Analysis
Develop Global Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $26.33B | 27.86 | 11.01% | 2.36% | 25.11% | 28.88% | |
75 Outperform | $15.42B | 22.16 | 16.97% | 1.43% | 60.56% | 302.20% | |
59 Neutral | $9.97B | 10.09 | -6.54% | 3.08% | 7.41% | -11.60% | |
58 Neutral | $2.59B | 1,418.92 | -36.53% | 10.51% | -28.50% | -532.61% | |
56 Neutral | AU$4.33B | 34.25 | 5.11% | ― | 42.05% | ― | |
48 Neutral | $3.29B | 50.78 | -33.95% | 4.54% | 2.22% | -411.10% | |
44 Neutral | $722.51M | ― | -2.13% | ― | 77.18% | 64.13% |
Develop Global Limited Corporate Events
Develop Global Limited has announced the issuance of 6,475,233 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions, indicating a focus on employee retention and motivation. This move may impact the company’s operational dynamics by aligning employee interests with company performance, potentially enhancing productivity and stakeholder value.
Develop Global Limited has announced the application for quotation of 1,017,500 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities are issued under an employee incentive scheme and are not subject to transfer restrictions, highlighting the company’s efforts to incentivize its workforce. This move could potentially enhance the company’s market presence and operational flexibility by aligning employee interests with shareholder value.
Develop Global Limited has addressed unfounded rumors by confirming its ongoing contract with Bellevue Gold, which is set to last until the end of 2025, with the possibility of extension. The company highlights a strong operational relationship with Bellevue, achieving significant improvements in mining outputs. Additionally, Develop Global reports that the recommissioning of the Woodlawn mine is proceeding on schedule and within budget, with production and cash flow expected in the upcoming June quarter.
Develop Global Limited has announced the cessation of 18,249 performance rights due to the conditions for these securities not being met or becoming incapable of being satisfied. This announcement may impact the company’s issued capital and could have implications for stakeholders, as it reflects a change in the company’s performance rights management.
Develop Global Limited has released a revised company presentation highlighting imminent concentrate and cash flow developments. The presentation underscores the company’s strategic focus on energy transition metals and underground mining services, with updates on various projects such as Sulphur Springs and Woodlawn. These developments are expected to enhance the company’s operational capabilities and strengthen its position in the mining industry, potentially impacting stakeholders positively by improving financial forecasts and production targets.
Develop Global Limited has released a presentation highlighting imminent concentrate production and cash flow, signaling a significant step forward in their operations. This announcement underscores the company’s strategic positioning in the energy transition metals sector, with potential implications for stakeholders as it progresses with its resource development projects.
Develop Global Limited has released its interim financial report for the half-year ended 31 December 2024. The report outlines the company’s financial performance, including profit or loss, financial position, and cash flows. This announcement provides stakeholders with insights into the company’s operational efficiency and financial health, which could impact its industry positioning and investor confidence.
Develop Global Limited reported a net positive cash flow from operating activities of $10.947 million for the current quarter, indicating solid operational performance despite substantial cash outflows in investing activities. The company also secured significant funding through borrowings amounting to $102.397 million, which has helped bolster its financial position amidst ongoing investments in property, plant, and equipment.
Develop Global Limited announced significant progress on the upgrade of its Woodlawn Copper-Zinc Mine, with the plant upgrade 70% complete and underground ore production set to commence in the March quarter. The company anticipates substantial cash generation from the project, projecting A$425 million of pre-tax cashflow in the first three years post-ramp up, and is actively pursuing strategic partnership opportunities. Develop’s mining services division also reported a 21% increase in revenue, demonstrating strong operational performance and flexibility across its projects.