Market Cap: A$69.98M

Li-S Energy Limited, with a market cap of A$69.98 million, remains pre-revenue and unprofitable, reporting a net loss of A$4.62 million for the year ending June 2024. Despite this, the company is debt-free and has sufficient cash runway for over a year based on current free cash flow projections. Its short-term assets significantly exceed both short- and long-term liabilities, indicating strong balance sheet health. Recent developments include the launch of a new battery production facility in Geelong supported by an A$1.7 million government grant, enhancing its potential growth prospects amidst board changes with Mr. Robin Levison's retirement.

• Unlock comprehensive insights into our analysis of Li-S Energy stock in this financial health report.

• Examine Li-S Energy's past performance report to understand how it has performed in prior years.

Pengana Capital Group

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Pengana Capital Group (ASX:PCG) is a publicly owned investment manager with a market capitalization of A$77.21 million.

Operations: The company generates revenue of A$40.48 million through its development, offering, and management of investment funds.

Market Cap: A$77.21M

Pengana Capital Group, with a market cap of A$77.21 million, reported revenue growth to A$42.61 million for the year ending June 2024 but remains unprofitable with a net loss of A$4.35 million. Despite its financial challenges, Pengana has no debt and maintains strong liquidity, as short-term assets exceed both short- and long-term liabilities. The company recently extended its buyback plan and declared a fully franked final dividend of 2 cents per share, though dividends are not well covered by earnings or cash flows. Management is experienced with an average tenure of 7.8 years, offering stability amidst strategic developments discussed in recent shareholder calls.

• Dive into the specifics of Pengana Capital Group here with our thorough balance sheet health report.

• Explore Pengana Capital Group's analyst forecasts in our growth report.

Next Steps

• Discover the full array of 1,027 ASX Penny Stocks right here.

• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.

• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.

Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Jump on the AI train with fast growing tech companies forging a new era of innovation.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:AYA ASX:LIS and ASX:PCG.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]