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Financial statements

Elevra Lithium Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Elevra Lithium Ltd files with the SEC in its annual reports.

In AUD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2025FY2025
Revenue0255230
Selling, general and administrative8.046.84.82
Operating income-21.5-119-384
Interest expense1.514.054.88
Interest income16.37.674.52
Pre-tax income-6.7-115-385
Income tax3.653.58-2.99
Net income to minority interests0.7-17.6-87.5
Net income-11-101-294
EBITDA-15.4-85.3-346
EPS, basic-0.20-1.52-4.10
EPS, diluted-0.20-1.52-4.10

Balance sheet

FY2023FY2025FY2025
Cash and equivalents21190.672.3
Receivables27.533.2
Inventory7347.3
Total current assets218163
Property, plant and equipment727478
Lease right-of-use assets4.931.4
Total assets1,010945653
Accounts payable60.949.6
Total current liabilities88.4118
Total liabilities136149177
Total debt30.677.6
Retained earnings-119-413
Shareholders' equity665420
Minority interests13155.2
Total equity873796475
Total liabilities and equity1,010945653

Cash flow statement

FY2023FY2025FY2025
Net income-10.3-119-382
Depreciation and amortization6.1633.838.6
Cash from operations-46.1-62.2-14.8
Capital expenditures-127-102-19.7
Cash from investing-208-114-49.6
Debt issued0.1101.19
Debt repaid-0.78-2.73-3.44
Cash from financing28057.946.1
Exchange rate effect0.8-2.160.01
Net change in cash25.8-118-18.3
Free cash flow-173-165-34.5
Interest paid0.330.990.83

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Operating margin-167.0%Operating income / revenue.
EBITDA margin-150.2%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-167.2%Pre-tax income / revenue.
Net margin-127.9%Net income / revenue.
FCF margin-15.0%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-6.4%Cash from operations / revenue.
Return on equity (ROE)-54.2%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-36.8%Net income / average total assets.
Return on invested capital (ROIC)-58.9%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue2.1%Selling, general and administrative expense / revenue.
Capex / revenue8.5%Capital expenditures / revenue.
D&A / revenue16.8%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-9.6%Revenue vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-36.8%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-30.9%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.38xCurrent assets / current liabilities.
Quick ratio0.89x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.61x(Cash + short-term investments) / current liabilities.
Debt / equity0.18xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets11.9%Total debt / total assets.
Liabilities / assets27.2%Total liabilities / total assets.
Net debtA$5.3MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-78.7xOperating income / interest expense.
Working capitalA$44.6MCurrent assets - current liabilities.
Tangible book valueA$420.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.29xRevenue / average total assets.
Fixed asset turnover0.38xRevenue / average property, plant and equipment.
Receivables turnover7.57xRevenue / average receivables.
Days sales outstanding48 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-A$4.10Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-A$4.10Net income per basic share, as reported (split-adjusted).
What was Elevra Lithium Ltd's revenue in fiscal 2025?

Elevra Lithium Ltd reported revenue of A$230.2M for fiscal 2025, 9.6% lower than the year before.

Was Elevra Lithium Ltd profitable in fiscal 2025?

No. It reported a net loss of A$294.3M.

How much free cash flow did Elevra Lithium Ltd generate in fiscal 2025?

Cash from operations of A$14.8M minus capital expenditures of A$19.7M left free cash flow of -A$34.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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