Ionic Rare Earths Limited (ASX:IXR)

Ionic Rare Earths Balance Sheet

Financials in millions AUD. Fiscal year is July - June.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Cash & Equivalents	3.48	0.6	2.03	11.12	26.76
Trading Asset Securities	-	-	2.92	-	-
Cash & Short-Term Investments	3.48	0.6	4.94	11.12	26.76
Cash Growth	484.86%	-87.96%	-55.52%	-58.46%	142.05%
Accounts Receivable	-	-	-	-	0.53
Other Receivables	0.46	0.22	0.07	1.1	-
Receivables	0.46	0.22	0.07	1.1	0.53
Inventory	0.65	0.55	1.07	0.79	-
Prepaid Expenses	-	-	-	0.22	-
Other Current Assets	0.77	0.06	0.17	-	0.07
Total Current Assets	5.36	1.43	6.26	13.24	27.36
Property, Plant & Equipment	2.73	1.68	2.39	3.93	12.6
Long-Term Investments	23.06	24.22	23.93	21.93	3.93
Other Intangible Assets	4.52	5.2	4.99	5.43	5.08
Other Long-Term Assets	0.04	0.04	-	-	-
Total Assets	35.71	32.56	37.57	44.52	48.97

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Accounts Payable	1.71	1.46	0.57	0.82	0.61
Accrued Expenses	0.15	0.34	-	-	-
Current Portion of Leases	0.08	0.13	0.12	0.01	0.03
Other Current Liabilities	0.15	0.81	-	-	-
Total Current Liabilities	2.09	2.73	0.69	0.82	0.64
Long-Term Leases	0.16	0.24	0.37	-	0.01
Long-Term Deferred Tax Liabilities	-	-	-	-	0.03
Other Long-Term Liabilities	0.02	-	-	-	-
Total Liabilities	2.27	2.97	1.06	0.82	0.68

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Common Stock	114.67	95.09	92.13	78.33	82.78
Retained Earnings	-88.34	-73.56	-67.32	-46.12	-37.58
Comprehensive Income & Other	7.1	8.07	11.7	11.48	3.08
Shareholders' Equity	33.44	29.59	36.51	43.7	48.29
Total Liabilities & Equity	35.71	32.56	37.57	44.52	48.97

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Total Debt	0.24	0.37	0.49	0.01	0.03
Net Cash (Debt)	3.24	0.23	4.46	11.11	26.72
Net Cash Growth	1328.48%	-94.91%	-59.89%	-58.43%	141.73%
Net Cash Per Share	0.02	0.00	0.03	0.09	0.23
Filing Date Shares Outstanding	226.61	175.58	161.04	131.87	129.09
Total Common Shares Outstanding	226.61	175.58	161.04	131.54	129.09
Working Capital	3.27	-1.31	5.57	12.41	26.71
Book Value Per Share	0.15	0.17	0.23	0.33	0.37
Tangible Book Value	28.92	24.4	31.52	38.27	43.21
Tangible Book Value Per Share	0.13	0.14	0.20	0.29	0.33
Machinery	4.39	4.1	3.92	2.61	0.38
Construction In Progress	1.18	-	-	-	-
Leasehold Improvements	0.15	0.15	0.15	0.12	-

Data Source: S&P Global Market Intelligence Last updated: Sep 17, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Oct 4, 2026

Data Sources Report a data error