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Lithium Australia NL
(Sydney:LIT)
Lithium Australia NL (LIT) vs. S&P 500 (SPY)
Lithium Australia NL Business Overview & Revenue Model
Lithium Australia NL Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 6.71M | 5.49M | 2.94M | 1.18M | 374.38K | Gross Profit |
| 2.22M | -9.75M | -12.58M | -9.31M | -6.99M | EBIT |
| -14.16M | -12.30M | -17.09M | -17.50M | -9.86M | EBITDA |
| -9.27M | -4.13M | -17.41M | -18.46M | -7.87M | Net Income Common Stockholders |
| -10.77M | -7.24M | -20.63M | -19.86M | -8.53M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 5.92M | 15.61M | 5.87M | 11.60M | 4.25M | Total Assets |
| 18.48M | 25.08M | 21.93M | 32.55M | 27.92M | Total Debt |
| 4.21M | 1.29M | 1.77M | 793.53K | 1.04M | Net Debt |
| -543.80K | -7.76M | -3.07M | -10.58M | -2.70M | Total Liabilities |
| 15.11M | 7.72M | 10.71M | 8.95M | 3.34M | Stockholders Equity |
| 4.16M | 18.17M | 11.85M | 24.98M | 24.70M |
| Cash Flow | Free Cash Flow | |||
| -10.12M | -10.29M | -12.70M | -6.44M | -5.38M | Operating Cash Flow |
| -6.12M | -8.61M | -9.82M | -4.72M | -4.46M | Investing Cash Flow |
| -759.79K | 1.21M | -2.53M | -1.71M | -1.82M | Financing Cash Flow |
| 2.56M | 11.60M | 5.81M | 14.10M | 7.30M |
Lithium Australia NL Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | $2.71B | 1,418.92 | -36.53% | 10.51% | -28.50% | -532.61% | |
48 Neutral | $1.91B | -1.66 | -22.29% | 3.86% | 0.68% | -27.44% | |
48 Neutral | $3.32B | 50.78 | -33.95% | 4.54% | 2.22% | -411.10% | |
47 Neutral | $207.78M | ― | -17.81% | ― | 87.89% | -344.44% | |
41 Neutral | $4.60B | 23.42 | -1.04% | ― | -65.07% | -102.37% | |
39 Underperform | $145.73M | ― | -21.25% | ― | -70.50% | 62.71% | |
34 Underperform | $15.21M | ― | -141.00% | ― | 37.21% | 4.76% |
Lithium Australia NL Corporate Events
Livium Ltd has announced the application for quotation of 1,928,754 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code LIT. This move is part of previously announced transactions and could potentially enhance the company’s market presence and liquidity, offering stakeholders increased opportunities for investment and growth.
Livium Ltd has issued 11,928,754 ordinary shares following shareholder approval at its General Meeting. This issuance includes 1,928,754 Placement Shares and 10,000,000 Capital Raise Fee Shares, bringing the total number of shares to 1,690,507,119. The issuance was conducted without disclosure under Part 6D.2 of the Corporations Act 2001, and the company has complied with relevant legal provisions. This move is expected to strengthen Livium’s financial position and support its strategic initiatives in the sustainable lithium production industry.
Livium Ltd, through its subsidiary Envirostream, is in advanced discussions to finalize a new recycling agreement with Sell & Parker Pty Ltd, a national metal recycling business. This Proposed Agreement, expected to commence in late April 2025, is anticipated to generate over A$1.0 million in revenue, representing about 15% of Livium’s total recycling revenue for FY24. The agreement aims to enhance Livium’s battery recycling capabilities and diversify its sources, potentially increasing collection volumes significantly for FY25 and the first half of FY26.
Livium Ltd announced that all resolutions proposed at its General Meeting of Shareholders on April 17, 2025, were carried by a poll. This outcome reflects strong shareholder support for the company’s strategic initiatives, including the ratification of previous share issues and approvals for additional placements and options. The successful resolutions are expected to bolster Livium’s financial position and enhance its ability to capitalize on the growing demand for lithium and battery recycling technologies.
Livium Ltd has announced the appointment of Phillip Campbell as a director, effective April 1, 2025. The initial director’s interest notice reveals that Campbell currently holds no securities or interests in the company, indicating a fresh start in his role without any pre-existing financial ties to Livium Ltd.
Livium Ltd has announced increased investor engagement and potential customer interest following a A$30 million grant from the Australian Renewable Energy Agency (ARENA) for its VSPC LFP Demonstration Plant. The company is actively seeking additional funding to close a A$30 million gap for the plant, with plans to commence a front-end engineering and design study. VSPC is expanding its market presence in the USA through a partnership with UMC and is exploring licensing opportunities to penetrate non-core markets. The demonstration plant aims to validate VSPC’s proprietary process and support scale-up to commercial production, with estimated annual revenues of US$319 million.
Livium Ltd has announced that the insurance claim period related to a 2019 fire at its subsidiary Envirostream has ended, with no new claims anticipated. The company has received confirmation that settlement proceedings are advancing between certain claimants and Envirostream’s insurance company, which could lead to the release of a A$7.5 million provision from Livium’s balance sheet. This development is expected to positively impact Livium’s financial position, as previous settlements have already resulted in a reversal of provisions, enhancing the company’s balance sheet and income statement.
Livium Ltd has announced an update regarding its securities issuance, indicating a significant change in its share count. The company has adjusted the number of shares from 185,474,661 to nil, as per the latest amendment to their Appendix 3B. This update reflects a strategic move in their securities management, potentially impacting their market positioning and stakeholder interests.
Livium Ltd’s subsidiary, Envirostream Australia Pty Limited, is advancing its battery recycling operations by securing long-term agreements with major clients like BYD and ZECO Energy, and engaging in discussions for new projects that could significantly increase recycling volumes. The company is diversifying its services to include recycling tolling arrangements and safe storage of new batteries, while also seeking government grants and strategic investments to expand its operational capacity. With a focus on growing end-of-life battery volumes, Envirostream aims to enhance its market position and financial performance, aligning with the expected growth in the lithium-ion battery recycling market, estimated to reach A$122 million by 2030.
Livium Ltd has announced a General Meeting for its shareholders, scheduled for April 17, 2025, in West Perth, Western Australia. The meeting materials are available online, and shareholders are encouraged to participate either in person or by proxy. This announcement underscores Livium’s commitment to maintaining transparent communication with its stakeholders as it continues to focus on sustainable lithium production and battery recycling.
Livium Ltd has successfully completed the repayment of its pre-payment amount to The Lind Partners, totaling A$2.27 million, without issuing new shares. This settlement follows a capital raise of A$4.5 million from institutional and sophisticated investors, enhancing Livium’s financial stability and market positioning.
Livium Ltd has announced the application for quotation of 32,592,593 fully paid ordinary securities on the Australian Securities Exchange (ASX), under the code LIT. This move is part of previously announced transactions and marks a significant step in Livium Ltd’s efforts to enhance its market presence and liquidity, potentially impacting its stakeholders by increasing the company’s visibility and access to capital markets.
Livium Ltd has issued 32,592,593 ordinary shares as part of a placement without requiring shareholder approval under ASX Listing Rule 7.1. The company has complied with relevant provisions of the Corporations Act 2001 and confirms there is no undisclosed information that investors would expect in a disclosure document. This move is part of Livium’s strategy to strengthen its position in the lithium market and support its operations in battery recycling and lithium production.
Livium Ltd has announced the issuance of unquoted equity securities, specifically options expiring on December 31, 2028, with a total of 4,754,571 securities issued. This move is part of an employee incentive scheme, indicating the company’s commitment to rewarding and retaining its workforce. The issuance of these securities could potentially impact Livium Ltd’s financial structure and employee engagement, reflecting strategic efforts to align employee interests with long-term company goals.
Livium Ltd has announced a change in the director’s interest notice, with Director Simon Linge acquiring 2,272,727 ordinary shares through an on-market trade. This change reflects an increase in Linge’s direct and indirect holdings, potentially indicating confidence in the company’s future performance.
Lithium Australia NL, operating under the ASX issuer code LIT, announced the cessation of 61,685,490 equity securities, specifically options expiring on 28 February 2025, due to their expiry without exercise or conversion. This cessation reflects a routine adjustment in the company’s issued capital, potentially impacting stakeholders by altering the company’s capital structure but not indicating any immediate operational changes.
Lithium Australia NL, under the entity name LIVIUM LTD, has announced the application for quotation of securities on the ASX. The securities are being quoted as a result of options being exercised or other convertible securities being converted. This move is part of the company’s ongoing efforts to manage its securities and enhance its market presence.
Livium Ltd has announced a proposed issue of securities, including 10 million options at $0.02 expiring in three years and 10 million fully paid ordinary shares. The issue is set for April 30, 2025, and aims to enhance the company’s capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
LIVIUM LTD has announced an update to a previous securities issuance proposal, involving the issuance of 1,928,754 Placement Shares and free-attaching Placement Options, as well as 385,751 Lead Manager Options, pending shareholder approval. This move is part of the company’s strategic financial maneuvers to potentially enhance its capital structure and market position.
Livium Ltd has released its financial report for the half-year ending December 31, 2024. The report provides detailed insights into the company’s financial performance, including statements of comprehensive income, financial position, changes in equity, and cash flows. This financial disclosure is crucial for stakeholders to assess Livium Ltd’s current financial health and operational efficiency.
Livium Ltd has entered into an exclusive agreement with ZECO Energy to provide recycling services for lithium-ion batteries from energy storage systems. This partnership aligns with Livium’s strategy to secure exclusive contracts and diversify its battery sources, enhancing its ability to scale its recycling business and support a circular economy for energy storage.
Livium Ltd has successfully raised A$4.5 million through a placement involving sophisticated and professional investors, which will be used to further its Australian LFP Demonstration Plant and expand its battery recycling operations. The company also secured a significant A$30 million grant from the Australian Renewable Energy Agency (ARENA) that will aid in establishing the LFP demonstration plant, potentially enhancing Livium’s market positioning and operational capabilities in the battery materials sector.
Livium Ltd has announced the conclusion of its existing placement agreement with Lind Global Fund II, following commitments from investors to raise A$4.5 million. The company is set to repay A$2.16 million to Lind, with Lind holding the option to convert a portion of this repayment into shares. This strategic move, supported by Lind’s funding, has allowed Livium to achieve significant milestones, reinforcing its position in the lithium industry and strengthening its financial footing.
Livium Ltd has announced a significant boost to its operations with a A$30 million grant from the Australian Renewable Energy Agency (ARENA) for its LFP demonstration plant. This funding aligns with the company’s focus on sustainable lithium production and positions Livium to enhance its market presence by advancing battery innovation in Australia.
Livium Ltd announced that its subsidiary VSPC secured up to A$30 million in grant funding from the Australian Renewable Energy Agency (ARENA) for an LFP demonstration plant in Australia. This plant aims to advance product qualification and secure offtake contracts as a precursor to commercial scaling. The initiative is part of Livium’s strategy to develop LFP supply chains outside of China and position Australia as a leader in cathode powder technology, potentially generating significant revenues and contributing to global battery manufacturing supply chains.
Livium Ltd (ASX: LIT) has requested a trading halt on its securities pending a significant announcement related to a material grant and a proposed capital raising. The trading halt aims to manage disclosure obligations and ensure orderly market conditions, with expectations to resume normal trading by 24 February 2025 or upon the release of the announcements.
Livium Ltd has announced the issuance of 12,200,000 unquoted performance rights under an employee incentive scheme. These securities, which are not quoted on the ASX until transfer restrictions end, aim to motivate and retain key personnel, indicating a strategic move to strengthen the company’s workforce and align employee incentives with corporate goals.
Livium Ltd announced the cessation of 12,250,000 performance rights due to the lapse of conditional rights, which were not satisfied. This cessation could impact Livium’s capital structure and reflects the challenges in meeting certain performance conditions, potentially affecting investor perception and stakeholder interests.
Livium Ltd has announced the issuance of 7,142,858 fully paid ordinary shares to Lind. The company has complied with relevant provisions of the Corporations Act, with no excluded information affecting investors’ assessments of the company’s financials and share rights. This development supports Livium’s strategic positioning in the market, leveraging its innovative technologies and recycling business to capitalize on the growing demand for lithium-ion batteries.
LIVIUM LTD announced the quotation of 3,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of January 30, 2025, using security code LIT. This move involves securities issued as a result of options being exercised or convertible securities being converted, signifying an expansion in the company’s market presence and potentially enhancing its financial flexibility.
Livium Ltd has announced a strategic update that centers on scaling its battery recycling operations through Envirostream, as the division has shown potential for increased volumes and revenue growth. The company is also focusing on securing strategic partnerships for the commercialization of battery materials and lithium chemicals, while implementing a cost restructuring plan to achieve annual savings of A$1.5 million. These initiatives are expected to strengthen Livium’s market position and ensure sustainable growth, despite potential impacts on the company’s ability to respond to opportunities due to organizational changes.