NASDAQ : IONR
ioneer Ltd — Financial statements
Materials · Other Industrial Metals & Mining · Australia
Last price 2.81 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 228.09M
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Financial statements
ioneer Ltd (IONR) reported revenue of 656.00K USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Other Revenue | 656.00K | 656.00K | 653.00K | |||
| Revenue | 656.00K | 656.00K | 653.00K | |||
| Gross Profit | 656.00K | 656.00K | 653.00K | |||
| Selling, General & Admin | 5.44M | 5.44M | 6.37M | 5.34M | 5.97M | 5.06M |
| Other Operating Expenses | 3.29M | 3.29M | 3.79M | 3.85M | 3.68M | 6.90M |
| Operating Expenses | 8.73M | 8.73M | 10.20M | 9.22M | 9.70M | 11.97M |
| Operating Income | -8.08M | -8.08M | -9.54M | -9.22M | -9.70M | -11.97M |
| Interest Expense | -16.00K | -16.00K | -2.00K | -2.00K | -10.00K | -5.00K |
| Interest & Investment Income | 1.29M | 1.48M | 61.00K | |||
| Currency Exchange Gain (Loss) | 118.00K | 1.81M | 3.38M | |||
| Other Non Operating Income (Expenses) | -48.00K | -48.00K | -9.00K | -9.00K | 20.00K | 38.00K |
| EBT Excluding Unusual Items | -8.14M | -8.14M | -9.55M | -7.83M | -6.39M | -8.50M |
| Pretax Income | -8.14M | -8.14M | -9.55M | -7.83M | -6.39M | -8.50M |
| Net Income | -8.14M | -8.14M | -9.55M | -7.83M | -6.39M | -8.50M |
| Net Income to Common | -8.14M | -8.14M | -9.55M | -7.83M | -6.39M | -8.50M |
| Shares Outstanding (Basic) | 2.41B | 2.41B | 2.36B | 2.15B | 2.10B | 2.01B |
| Shares Outstanding (Diluted) | 2.41B | 2.41B | 2.36B | 2.15B | 2.10B | 2.01B |
| EPS (Basic) | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| EPS (Diluted) | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Free Cash Flow | -19.41M | -19.41M | -21.32M | -43.84M | -42.00M | -37.78M |
| Free Cash Flow Per Share | -0.01 | -0.01 | -0.01 | -0.02 | -0.02 | -0.02 |
| Gross Margin | 100.00% | 100.00% | 100.00% | |||
| Operating Margin | -1,231.10% | -1,231.10% | -1,461.41% | |||
| Profit Margin | -1,240.85% | -1,240.85% | -1,463.09% | |||
| Free Cash Flow Margin | -2,959.45% | -2,959.45% | -3,264.16% | |||
| EBITDA | -7.86M | -7.86M | -9.39M | -9.08M | -9.60M | -11.80M |
| D&A For EBITDA | 218.00K | 218.00K | 154.00K | 149.00K | 97.00K | 173.00K |
| EBIT | -8.08M | -8.08M | -9.54M | -9.22M | -9.70M | -11.97M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 17.86M | 17.86M | 25.06M | 35.72M | 52.71M | 94.18M |
| Cash & Short-Term Investments | 17.86M | 17.86M | 25.06M | 35.72M | 52.71M | 94.18M |
| Other Receivables | 160.00K | 160.00K | 143.00K | 195.00K | 246.00K | 112.00K |
| Receivables | 160.00K | 160.00K | 143.00K | 195.00K | 246.00K | 112.00K |
| Prepaid Expenses | 348.00K | 348.00K | 65.00K | 148.00K | 107.00K | 29.00K |
| Total Current Assets | 18.37M | 18.37M | 25.27M | 36.06M | 53.06M | 94.32M |
| Property, Plant & Equipment | 209.61M | 209.61M | 203.73M | 188.14M | 152.95M | 118.73M |
| Long-Term Deferred Charges | 4.27M | 4.27M | 4.25M | |||
| Other Long-Term Assets | 289.00K | 289.00K | 289.00K | 276.00K | 307.00K | 195.00K |
| Total Assets | 232.54M | 232.54M | 233.54M | 224.47M | 206.32M | 213.25M |
| Accounts Payable | 962.00K | 962.00K | 2.07M | 4.06M | 6.80M | 7.88M |
| Accrued Expenses | 1.03M | 1.03M | 804.00K | 915.00K | 1.90M | 1.41M |
| Short-Term Debt | 1.20M | |||||
| Current Portion of Leases | 151.00K | 151.00K | 106.00K | 41.00K | 134.00K | 168.00K |
| Total Current Liabilities | 2.14M | 2.14M | 2.98M | 6.21M | 8.84M | 9.46M |
| Long-Term Leases | 184.00K | 184.00K | 267.00K | 42.00K | 78.00K | 87.00K |
| Total Liabilities | 2.32M | 2.32M | 3.24M | 6.25M | 8.92M | 9.55M |
| Common Stock | 309.50M | 309.50M | 302.65M | 281.67M | 255.36M | 254.27M |
| Retained Earnings | -73.98M | -73.98M | -69.91M | -60.35M | -52.53M | -46.14M |
| Comprehensive Income & Other | -5.30M | -5.30M | -2.45M | -3.10M | -5.44M | -4.44M |
| Shareholders' Equity | 230.22M | 230.22M | 230.30M | 218.22M | 197.40M | 203.70M |
| Total Liabilities & Equity | 232.54M | 232.54M | 233.54M | 224.47M | 206.32M | 213.25M |
| Total Debt | 335.00K | 335.00K | 373.00K | 1.28M | 212.00K | 255.00K |
| Net Cash (Debt) | 17.53M | 17.53M | 24.69M | 34.43M | 52.50M | 93.92M |
| Net Cash Per Share | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.05 |
| Filing Date Shares Outstanding | 3.07B | 3.07B | 2.67B | 2.34B | 2.11B | 2.10B |
| Total Common Shares Outstanding | 2.67B | 2.67B | 2.61B | 2.33B | 2.10B | 2.09B |
| Working Capital | 16.23M | 16.23M | 22.29M | 29.85M | 44.22M | 84.86M |
| Book Value Per Share | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 |
| Tangible Book Value | 230.22M | 230.22M | 230.30M | 218.22M | 197.40M | 203.70M |
| Tangible Book Value Per Share | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 |
| Machinery | 626.00K | 626.00K | 606.00K | 606.00K | 629.00K | 56.00K |
| Leasehold Improvements | 88.00K | 88.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -8.14M | -8.14M | -9.55M | -7.83M | -6.39M | -8.50M |
| Depreciation & Amortization | 354.00K | 354.00K | 314.00K | 291.00K | 303.00K | 173.00K |
| Stock-Based Compensation | 2.20M | 2.20M | 3.16M | 1.63M | 1.38M | 1.46M |
| Other Operating Activities | -638.00K | -638.00K | -717.00K | -1.53M | -3.48M | -3.43M |
| Change in Accounts Receivable | -818.00K | -818.00K | 127.00K | -50.00K | -96.00K | 141.00K |
| Change in Accounts Payable | 1.22M | 1.22M | -173.00K | 344.00K | 350.00K | 578.00K |
| Change in Other Net Operating Assets | -316.00K | -316.00K | 34.00K | -60.00K | -130.00K | 241.00K |
| Operating Cash Flow | -6.14M | -6.14M | -6.80M | -7.20M | -8.07M | -9.35M |
| Capital Expenditures | -13.28M | -13.28M | -14.51M | -36.64M | -33.93M | -28.44M |
| Other Investing Activities | 618.00K | 618.00K | 680.00K | 1.25M | 1.46M | 49.00K |
| Investing Cash Flow | -12.66M | -12.66M | -13.83M | -35.38M | -32.47M | -28.39M |
| Short-Term Debt Issued | 1.20M | |||||
| Total Debt Issued | 1.20M | |||||
| Short-Term Debt Repaid | -1.20M | |||||
| Long-Term Debt Repaid | -140.00K | -130.00K | -213.00K | -162.00K | ||
| Lease Payments | -190.00K | -190.00K | -140.00K | -130.00K | -213.00K | -162.00K |
| Total Debt Repaid | -190.00K | -190.00K | -1.34M | -130.00K | -213.00K | -162.00K |
| Net Debt Issued (Repaid) | -190.00K | -190.00K | -1.34M | 1.07M | -213.00K | -162.00K |
| Issuance of Common Stock | 4.35M | 4.35M | 16.41M | 25.20M | 77.48M | |
| Other Financing Activities | -198.00K | -198.00K | -4.87M | -780.00K | -12.00K | -1.93M |
| Financing Cash Flow | 3.96M | 3.96M | 10.20M | 25.49M | -225.00K | 75.39M |
| Foreign Exchange Rate Adjustments | 440.00K | 440.00K | -223.00K | 101.00K | -702.00K | -5.96M |
| Net Cash Flow | -14.39M | -14.39M | -10.66M | -16.99M | -41.47M | 31.70M |
| Free Cash Flow | -19.41M | -19.41M | -21.32M | -43.84M | -42.00M | -37.78M |
| Free Cash Flow Margin | -2,959.45% | -2,959.45% | -3,264.16% | |||
| Free Cash Flow Per Share | -0.01 | -0.01 | -0.01 | -0.02 | -0.02 | -0.02 |
| Levered Free Cash Flow | -18.59M | -43.96M | -38.99M | -29.72M | ||
| Unlevered Free Cash Flow | -18.59M | -43.95M | -38.98M | -29.72M | ||
| Free Cash Flow After Leases | -19.60M | -19.60M | -21.45M | -43.97M | -42.22M | -37.94M |
| Cash Interest Paid | 17.00K | 11.00K | 9.00K | |||
| Change in Working Capital | 82.00K | 82.00K | -12.00K | 234.00K | 124.00K | 960.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 216.66M | 330.05M | 165.86M | 232.75M | 474.83M | 590.76M |
| Enterprise Value | 157.28M | 304.93M | 144.43M | 205.50M | 407.27M | 488.28M |
| Last Close Price | 2.70 | 4.80 | 2.61 | 4.01 | 9.10 | 17.63 |
| PS Ratio | 330.28 | 503.12 | 254.00 | |||
| PB Ratio | 0.94 | 1.43 | 0.72 | 1.07 | 2.40 | 2.90 |
| P/TBV Ratio | 0.94 | 1.43 | 0.72 | 1.07 | 2.40 | 2.90 |
| EV/Sales Ratio | 239.76 | 464.83 | 221.18 | |||
| Debt / Equity Ratio | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Net Debt / Equity Ratio | -0.08 | -0.08 | -0.11 | -0.16 | -0.27 | -0.46 |
| Net Debt / EBITDA Ratio | 2.23 | 2.23 | 2.63 | 3.79 | 5.47 | 7.96 |
| Net Debt / FCF Ratio | 0.90 | 0.90 | 1.16 | 0.79 | 1.25 | 2.49 |
| Asset Turnover | 0.00 | |||||
| Quick Ratio | 8.42 | 8.42 | 8.47 | 5.78 | 5.99 | 9.97 |
| Current Ratio | 8.59 | 8.59 | 8.49 | 5.80 | 6.00 | 9.97 |
| Return on Equity (ROE) | -4.26% | -3.77% | -3.19% | -5.07% | ||
| Return on Assets (ROA) | -2.60% | -2.68% | -2.89% | -4.28% | ||
| Return on Capital Employed (ROCE) | -3.50% | -3.50% | -4.10% | -4.20% | -4.90% | -5.90% |
| Earnings Yield | -5.28% | -2.47% | -5.76% | -3.36% | -1.35% | -1.44% |
| FCF Yield | -8.96% | -5.88% | -12.85% | -18.83% | -8.85% | -6.40% |
| Buyback Yield / Dilution | -9.39% | -2.39% | -9.91% | -2.23% | -4.16% | -15.16% |