Cash flow Image Resources NL

Equities

IMA

AU000000IMA1

Diversified Mining

Market Closed - Australian S.E. Other stock markets 11:40:03 17/07/2025 am IST			5-day change	1st Jan Change
0.0800 ^AUD	+5.26%		+9.59%	-13.98%

11/07	Image Resources Completes Three Heavy Mineral Concentrate Shipments from Western Australia Project in June Quarter	MT
17/04	Image Resources Completes First Shipment of Heavy Mineral Concentrate From Western Australia Mineral Sands Project	MT

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Published financial data: IMAGE RESOURCES NL

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	18Cr	18Cr	17Cr	12Cr	-
Other Revenues, Total	-	-	-	-	-
Total Revenues	18Cr	18Cr	17Cr	12Cr	-
Cost of Goods Sold, Total	11Cr	12Cr	12Cr	9.99Cr	-
Gross Profit	6.39Cr	5.58Cr	4.99Cr	1.93Cr	-
Selling General & Admin Expenses, Total	1.49Cr	2.52Cr	2.24Cr	1.44Cr	67.39L
Exploration / Drilling Costs, Total	49.8L	35.49L	53.3L	41.73L	15.68L
Stock-Based Compensation (IS)	-	-	-	-	-
Depreciation & Amortization - (IS)	-	-	-	-	-
Other Operating Expenses	-1L	-86T	-1L	-46T	-89T
Other Operating Expenses, Total	1.98Cr	2.87Cr	2.76Cr	1.86Cr	82.18L
Operating Income	4.41Cr	2.71Cr	2.22Cr	7L	-82.18L
Interest Expense, Total	-56.7L	-9L	-14.36L	-13.64L	-4L
Interest And Investment Income	36T	27T	58T	10.48L	14.78L
Net Interest Expenses	-56.34L	-9L	-13.78L	-3L	11.19L
Currency Exchange Gains (Loss)	-37.83L	14.29L	18.1L	-1L	6L
Other Non Operating Income (Expenses)	-1L	-3L	-11.03L	-19.53L	-29.12L
EBT, Excl. Unusual Items	3.45Cr	2.73Cr	2.16Cr	-17.03L	-94.06L
Restructuring Charges	-	-	-	-7L	-40.66L
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-22.3L	-
EBT, Incl. Unusual Items	3.45Cr	2.73Cr	2.16Cr	-46.18L	-1.35Cr
Income Tax Expense	97.4L	79.38L	63.93L	89T	-40.58L
Earnings From Continuing Operations	2.48Cr	1.94Cr	1.52Cr	-47.07L	-94.14L
Net Income to Company	2.48Cr	1.94Cr	1.52Cr	-47.07L	-94.14L
Net Income - (IS)	2.48Cr	1.94Cr	1.52Cr	-47.07L	-94.14L
Net Income to Common Incl Extra Items	2.48Cr	1.94Cr	1.52Cr	-47.07L	-94.14L
Net Income to Common Excl. Extra Items	2.48Cr	1.94Cr	1.52Cr	-47.07L	-94.14L
Per Share Items
Net EPS - Basic	0.03	0.02	0.01	-0	-0.01
Basic EPS - Continuing Operations	0.03	0.02	0.01	-0	-0.01
Basic Weighted Average Shares Outstanding	98Cr	100Cr	106.01Cr	108.3Cr	110.51Cr
Net EPS - Diluted	0.02	0.02	0.01	-0	-0.01
Diluted EPS - Continuing Operations	0.02	0.02	0.01	-0	-0.01
Diluted Weighted Average Shares Outstanding	101.7Cr	104.19Cr	107.8Cr	108.75Cr	110.51Cr
Normalized Basic EPS	0.02	0.02	0.01	-0	-0.01
Normalized Diluted EPS	0.02	0.02	0.01	-0	-0.01
Dividend Per Share	0.02	0.02	-	-	-
Payout Ratio	-	98.15	84.19	-20.82	-
Supplemental Items
EBITDA	7.75Cr	6.61Cr	5.79Cr	2.29Cr	1.39Cr
EBITA	4.41Cr	2.71Cr	2.22Cr	7L	-82.18L
EBIT	4.41Cr	2.71Cr	2.22Cr	7L	-82.18L
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	28.21	29.05	29.65	-1.93	30.12
Current Domestic Taxes	12.82L	79.38L	1.17Cr	58.73L	-34.61L
Total Current Taxes	12.82L	79.38L	1.17Cr	58.73L	-34.61L
Deferred Domestic Taxes	84.58L	-	-52.76L	-57.84L	-6L
Total Deferred Taxes	84.58L	-	-52.76L	-57.84L	-6L
Normalized Net Income	2.16Cr	1.71Cr	1.35Cr	-10.64L	-58.79L
Interest on Long-Term Debt	58.17L	9L	14.36L	13.64L	16T
Supplemental Operating Expense Items
Selling and Marketing Expenses	1.02Cr	2.03Cr	1.6Cr	67.42L	-
General and Administrative Expenses	46.84L	49.86L	63.85L	76.83L	67.39L
Exploration/Drilling Costs	49.8L	35.49L	53.3L	41.73L	15.68L
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	67T	-	-	5L
Total Stock-Based Compensation	-	67T	-	-	5L

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	5.08Cr	7.98Cr	5.35Cr	4.62Cr	1.99Cr
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	5.08Cr	7.98Cr	5.35Cr	4.62Cr	1.99Cr
Accounts Receivable, Total	1.13Cr	-	-	-	-
Other Receivables	8L	12.33L	10L	16.6L	13.94L
Notes Receivable	-	17.27L	10.12L	28.62L	15.32L
Total Receivables	1.22Cr	29.6L	19.91L	45.22L	29.26L
Inventory	2.04Cr	2.17Cr	2.8Cr	20.77L	20.6L
Prepaid Expenses	3L	9L	9L	9L	8L
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	57T	1L	1L	1L	3L
Other Current Assets, Total	-	18T	4L	-	-
Total Current Assets	8.38Cr	11Cr	8.48Cr	5.38Cr	2.61Cr
Gross Property Plant And Equipment	14Cr	17Cr	24Cr	25Cr	23Cr
Accumulated Depreciation	-5.8Cr	-9.73Cr	-13Cr	-16Cr	-8.79Cr
Net Property Plant And Equipment	8.28Cr	6.9Cr	11Cr	9.91Cr	14Cr
Long-term Investments	28T	33T	26T	21T	27T
Loans Receivable Long-Term	49.23L	45.96L	46.32L	23.43L	-
Deferred Tax Assets Long-Term	-	-	45.34L	1.04Cr	1.09Cr
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	17Cr	18Cr	20Cr	17Cr	18Cr
Liabilities
Accounts Payable, Total	1.08Cr	1.04Cr	1.07Cr	26.88L	76.11L
Accrued Expenses, Total	96.47L	1.01Cr	1.08Cr	26.32L	52.85L
Short-term Borrowings	-	-	-	-	86.59L
Current Portion of Long-Term Debt	1.71Cr	-	-	-	-
Current Portion of Leases	95T	1L	1L	1L	2L
Current Income Taxes Payable	12.82L	1.11Cr	86.22L	-	-
Other Current Liabilities	79T	85T	1.21Cr	37.16L	1L
Total Current Liabilities	3.9Cr	3.18Cr	4.24Cr	91.47L	2.19Cr
Long-Term Debt	-	-	-	-	-
Long-Term Leases	10T	2L	89T	-	10.2L
Deferred Tax Liability Non Current	41.01L	7L	-	-	-
Other Non Current Liabilities	1.98Cr	3.56Cr	4.24Cr	4.58Cr	5.72Cr
Total Liabilities	6.29Cr	6.83Cr	8.49Cr	5.49Cr	8.01Cr
Common Stock, Total	11Cr	11Cr	13Cr	13Cr	12Cr
Retained Earnings	-50.77L	-55.7L	-1.12Cr	-1.56Cr	-2.5Cr
Comprehensive Income and Other	31L	24.74L	31T	-6L	-2L
Total Common Equity	11Cr	11Cr	12Cr	11Cr	9.81Cr
Total Equity	11Cr	11Cr	12Cr	11Cr	9.81Cr
Total Liabilities And Equity	17Cr	18Cr	20Cr	17Cr	18Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	99Cr	101.09Cr	108.37Cr	107.03Cr	111.34Cr
ECS Total Common Shares Outstanding	99Cr	101.26Cr	108.42Cr	108.12Cr	111.39Cr
Book Value / Share	0.11	0.11	0.11	0.1	0.09
Tangible Book Value	11Cr	11Cr	12Cr	11Cr	9.81Cr
Tangible Book Value Per Share	0.11	0.11	0.11	0.1	0.09
Total Debt	1.72Cr	3L	2L	1L	98.84L
Net Debt	-3.36Cr	-7.95Cr	-5.33Cr	-4.61Cr	-1.01Cr
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	22.59L	24.59L	32.2L	-	-
Inventories - Finished Goods, Total	1.67Cr	1.75Cr	2.27Cr	-	-
Inventories - Others	14.93L	17.74L	20.63L	20.77L	20.6L
Land - (BS)	1.84Cr	2.06Cr	2.61Cr	2.18Cr	2.18Cr
Machinery, Total	5.54Cr	5.69Cr	6.77Cr	7.94Cr	7.67Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	2.48Cr	1.94Cr	1.52Cr	-47.07L	-94.14L
Depreciation & Amortization - CF	3.35Cr	3.92Cr	3.58Cr	2.24Cr	2L
Depreciation & Amortization, Total	3.35Cr	3.92Cr	3.58Cr	2.24Cr	2L
(Gain) Loss From Sale Of Asset	44T	-2T	-3T	1T	3T
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	22.3L	-
Stock-Based Compensation (CF)	-	67T	-	-	5L
Other Operating Activities, Total	1.8Cr	84.56L	-26.56L	-1.11Cr	16.96L
Change In Accounts Receivable	-1.16Cr	1.1Cr	3L	6L	-5L
Change In Inventories	-36.52L	-12.98L	-62.11L	2.59Cr	17T
Change In Accounts Payable	36.62L	-13.4L	10.51L	-1.61Cr	-16.18L
Change in Other Net Operating Assets	2L	-7L	-66.44L	-52.15L	28.25L
Cash from Operations	6.49Cr	7.47Cr	3.68Cr	1.41Cr	-63.03L
Capital Expenditure	-2.12Cr	-1.14Cr	-5.49Cr	-1.99Cr	-2.81Cr
Sale of Property, Plant, and Equipment	1T	4T	3T	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-85T	-2L	-	-2L
Cash from Investing	-2.12Cr	-1.15Cr	-5.51Cr	-1.99Cr	-2.83Cr
Long-Term Debt Issued, Total	-	-	-	-	80.16L
Total Debt Issued	-	-	-	-	80.16L
Long-Term Debt Repaid, Total	-3.83Cr	-1.72Cr	-	-	-3L
Total Debt Repaid	-3.83Cr	-1.72Cr	-	-	-3L
Issuance of Common Stock	-	9L	45.25L	-	-
Common Dividends Paid	-	-1.9Cr	-1.28Cr	-10L	-
Common & Preferred Stock Dividends Paid	-	-1.9Cr	-1.28Cr	-10L	-
Other Financing Activities, Total	-10T	-15T	-27T	-	-
Cash from Financing	-3.83Cr	-3.53Cr	-82.72L	-10L	77.34L
Foreign Exchange Rate Adjustments	-45.87L	11.35L	2L	-5L	6L
Net Change in Cash	8L	2.91Cr	-2.64Cr	-72.58L	-2.63Cr
Supplemental Items
Cash Interest Paid	65.6L	11.47L	12.58L	16.16L	3L
Cash Income Tax Paid (Refund)	-	14.86L	1.41Cr	1.58Cr	-47.75L
Levered Free Cash Flow	2.6Cr	6.13Cr	-10.64L	-73.26L	-2.73Cr
Unlevered Free Cash Flow	2.96Cr	6.19Cr	-2L	-64.73L	-2.71Cr
Change In Net Working Capital	1.03Cr	-1.71Cr	-50.27L	94.39L	-54.29L
Net Debt Issued / Repaid	-3.83Cr	-1.72Cr	-	-	77.34L

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	16.11	9.64	7.31	0.24	-2.99
Return on Total Capital	20.86	14.27	12.21	0.39	-4.7
Return On Equity %	26.03	17.66	13.36	-4.15	-9.02
Return on Common Equity	26.03	17.66	13.36	-4.15	-9.02
Margin Analysis
Gross Profit Margin %	36.22	31.18	29.07	16.17	-
SG&A Margin	8.47	14.11	13.07	12.11	-
EBITDA Margin %	43.93	36.98	33.75	19.18	-
EBITA Margin %	25	15.13	12.96	0.59	-
EBIT Margin %	25	15.13	12.96	0.59	-
Income From Continuing Operations Margin %	14.05	10.84	8.84	-3.95	-
Net Income Margin %	14.05	10.84	8.84	-3.95	-
Net Avail. For Common Margin %	14.05	10.84	8.84	-3.95	-
Normalized Net Income Margin	12.23	9.55	7.86	-0.89	-
Levered Free Cash Flow Margin	14.75	34.28	-0.62	-6.15	-
Unlevered Free Cash Flow Margin	16.76	34.6	-0.1	-5.43	-
Asset Turnover
Asset Turnover	1.03	1.02	0.9	0.65	-
Fixed Assets Turnover	1.98	2.36	1.95	1.16	-
Inventory Turnover (Average Inventory)	6.04	5.84	4.9	6.65	-
Short Term Liquidity
Current Ratio	2.15	3.32	2	5.88	1.19
Quick Ratio	1.61	2.55	1.28	5.23	0.98
Operating Cash Flow to Current Liabilities	1.67	2.35	0.87	1.54	-0.29
Days Outstanding Inventory (Average Inventory)	60.57	62.54	74.53	54.87	-
Average Days Payable Outstanding	29.84	31.11	30.13	33	-
Long Term Solvency
Total Debt/Equity	15.84	0.29	0.17	0.1	10.08
Total Debt / Total Capital	13.68	0.29	0.17	0.1	9.15
LT Debt/Equity	0.01	0.16	0.08	-	1.04
Long-Term Debt / Total Capital	0.01	0.15	0.08	-	0.94
Total Liabilities / Total Assets	36.67	38.12	42.21	33.17	44.96
EBIT / Interest Expense	7.78	29.87	15.48	0.52	-22.89
EBITDA / Interest Expense	13.68	73.18	40.44	16.94	39.72
(EBITDA - Capex) / Interest Expense	9.94	60.57	2.19	2.37	-38.59
Total Debt / EBITDA	0.22	0	0	0	0.69
Net Debt / EBITDA	-0.43	-1.2	-0.92	-1.99	-0.71
Total Debt / (EBITDA - Capex)	0.31	0.01	0.06	0.03	-0.71
Net Debt / (EBITDA - Capex)	-0.6	-1.45	-16.94	-14.26	0.73
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	20.64	1.4	-4.09	-30.55	-
Gross Profit, 1 Yr. Growth %	11.99	-12.73	-10.57	-61.38	-
EBITDA, 1 Yr. Growth %	22.14	-14.65	-12.48	-60.7	-39.06
EBITA, 1 Yr. Growth %	8.66	-38.63	-17.84	-96.86	-1.26T
EBIT, 1 Yr. Growth %	8.66	-38.63	-17.84	-96.86	-1.26T
Earnings From Cont. Operations, 1 Yr. Growth %	18.97	-21.79	-21.75	-131.03	100
Net Income, 1 Yr. Growth %	18.97	-21.79	-21.75	-131.03	100
Normalized Net Income, 1 Yr. Growth %	18.16	-20.86	-21.09	-107.9	452.32
Diluted EPS Before Extra, 1 Yr. Growth %	16.19	-25.82	-21.55	-133.09	81.27
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	-
Inventory, 1 Yr. Growth %	21.75	6.35	28.57	-92.57	-0.82
Net Property, Plant and Equip., 1 Yr. Growth %	-13.37	-16.72	55.22	-7.41	42.43
Total Assets, 1 Yr. Growth %	0.55	4.48	12.19	-17.61	7.57
Tangible Book Value, 1 Yr. Growth %	32.81	2.09	4.77	-4.71	-11.42
Common Equity, 1 Yr. Growth %	32.81	2.09	4.77	-4.71	-11.42
Cash From Operations, 1 Yr. Growth %	3.21	15.08	-50.76	-61.74	-144.77
Capital Expenditures, 1 Yr. Growth %	63.63	-46.12	380.73	-63.81	41.43
Levered Free Cash Flow, 1 Yr. Growth %	-5.67	135.61	-101.73	712.49	272.99
Unlevered Free Cash Flow, 1 Yr. Growth %	-12.06	109.29	-100.27	2L	318.64
Dividend Per Share, 1 Yr. Growth %	-	0	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	10.6	-1.38	-18.38	-
Gross Profit, 2 Yr. CAGR %	-	-1.14	-11.65	-41.23	-
EBITDA, 2 Yr. CAGR %	295.86	2.1	-13.57	-41.22	-51.06
EBITA, 2 Yr. CAGR %	188.41	-18.34	-28.99	-83.84	-39.55
EBIT, 2 Yr. CAGR %	188.41	-18.34	-28.99	-83.84	-39.55
Earnings From Cont. Operations, 2 Yr. CAGR %	173.63	-3.54	-21.77	-50.72	-21.22
Net Income, 2 Yr. CAGR %	173.63	-3.54	-21.77	-50.72	-21.22
Normalized Net Income, 2 Yr. CAGR %	91.31	-3.3	-20.97	-75.03	-33.95
Diluted EPS Before Extra, 2 Yr. CAGR %	151.68	-7.16	-23.71	-49.05	-22.55
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-
Inventory, 2 Yr. CAGR %	48.68	13.79	16.93	-69.09	-72.85
Net Property, Plant and Equip., 2 Yr. CAGR %	-9.48	-15.06	13.7	19.89	14.84
Total Assets, 2 Yr. CAGR %	11.74	2.5	8.27	-3.86	-5.86
Tangible Book Value, 2 Yr. CAGR %	38.29	16.44	3.42	-0.08	-8.13
Common Equity, 2 Yr. CAGR %	38.29	16.44	3.42	-0.08	-8.13
Cash From Operations, 2 Yr. CAGR %	420.28	8.98	-24.73	-56.6	-58.61
Capital Expenditures, 2 Yr. CAGR %	-43.14	-6.1	60.95	31.9	-28.46
Levered Free Cash Flow, 2 Yr. CAGR %	-38.65	49.08	-79.78	-65.43	450.5
Unlevered Free Cash Flow, 2 Yr. CAGR %	-34.33	35.66	-92.51	-67.66	8.01T
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.08T	-	5.47	-12.26	-
Gross Profit, 3 Yr. CAGR %	2.88T	-	-4.39	-32.95	-
EBITDA, 3 Yr. CAGR %	115.07	137.37	-3.01	-33.44	-40.51
EBITA, 3 Yr. CAGR %	77.81	72.19	-18.17	-74.78	-32.78
EBIT, 3 Yr. CAGR %	77.81	72.19	-18.17	-74.78	-32.78
Earnings From Cont. Operations, 3 Yr. CAGR %	45.69	80.25	-10.04	-42.52	-21.4
Net Income, 3 Yr. CAGR %	45.69	80.25	-10.04	-42.52	-21.4
Normalized Net Income, 3 Yr. CAGR %	62.48	42.55	-9.63	-63.33	-29.91
Diluted EPS Before Extra, 3 Yr. CAGR %	18.14	67.49	-12.23	-42.25	-22.22
Accounts Receivable, 3 Yr. CAGR %	738.02	-	-	-	-
Inventory, 3 Yr. CAGR %	-	32.97	18.52	-53.34	-54.41
Net Property, Plant and Equip., 3 Yr. CAGR %	78.16	-11.96	3.85	6.18	26.97
Total Assets, 3 Yr. CAGR %	104.55	9.27	5.63	-1.16	-0.19
Tangible Book Value, 3 Yr. CAGR %	93.84	24.99	12.42	0.64	-4.01
Common Equity, 3 Yr. CAGR %	93.84	24.99	12.42	0.64	-4.01
Cash From Operations, 3 Yr. CAGR %	189.52	214.65	-16.38	-39.93	-56.15
Capital Expenditures, 3 Yr. CAGR %	46.82	-44.15	61.83	-2.13	35.01
Levered Free Cash Flow, 3 Yr. CAGR %	32.53	-3.92	-66.22	-34.46	-23.62
Unlevered Free Cash Flow, 3 Yr. CAGR %	38.83	-3.36	-82.97	-39.73	-24.06
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	661.9	834.42	-	-
Gross Profit, 5 Yr. CAGR %	-	503.49	629.85	-	-
EBITDA, 5 Yr. CAGR %	-	68.87	49.36	35.82	-26.16
EBITA, 5 Yr. CAGR %	-	41.03	23.17	-33.16	-27.34
EBIT, 5 Yr. CAGR %	-	41.03	23.17	-33.16	-27.34
Earnings From Cont. Operations, 5 Yr. CAGR %	-	31.87	13.61	7.3	-14.69
Net Income, 5 Yr. CAGR %	-	31.87	13.61	7.3	-14.69
Normalized Net Income, 5 Yr. CAGR %	-	40.72	21.78	-28.99	-20.28
Diluted EPS Before Extra, 5 Yr. CAGR %	-	2.59	-0.82	4.06	-16.51
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-
Inventory, 5 Yr. CAGR %	-	-	-	-25.82	-34.27
Net Property, Plant and Equip., 5 Yr. CAGR %	-	40.15	48.86	-0.39	8.11
Total Assets, 5 Yr. CAGR %	-	64.77	58.59	3.81	0.88
Tangible Book Value, 5 Yr. CAGR %	-	61.03	50.77	14.28	3.7
Common Equity, 5 Yr. CAGR %	-	61.03	50.77	14.28	3.7
Cash From Operations, 5 Yr. CAGR %	-	96.17	68.91	42.46	-36.88
Capital Expenditures, 5 Yr. CAGR %	-	38.62	52.32	-21.24	16.75
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-37.53	-36.17	-0.19
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-56.81	-37.62	-4.22