Metals X Limited (ASX:MLX)

Metals X Balance Sheet

Financials in millions AUD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jun 30, 2022
Cash & Equivalents	374	293.61	220.64	143.04	113.93	122.25
Cash & Short-Term Investments	374	293.61	220.64	143.04	113.93	122.25
Cash Growth	61.99%	33.07%	54.25%	25.55%	-6.80%	674.80%
Accounts Receivable	25.76	32.26	5.5	12.37	9.18	3.42
Other Receivables	5.29	3.25	2.85	3.32	7.16	8.24
Receivables	34.12	38.63	10.83	16.77	17.41	12.02
Inventory	29.79	29.49	37.57	28.59	22.95	23.58
Prepaid Expenses	2.92	1.73	2.2	1.6	1.16	0.59
Other Current Assets	-	-	-	3.63	10.84	14.24
Total Current Assets	440.83	363.46	271.24	193.63	166.29	172.68
Property, Plant & Equipment	192.79	184.28	171.79	154.25	114.42	101.21
Long-Term Investments	43.86	21.8	14.04	2.37	3.14	3.14
Long-Term Deferred Tax Assets	10.72	-	8.43	26.31	38.54	42.53
Other Long-Term Assets	7.94	4.66	3.86	3.46	3.46	3.46
Total Assets	738.76	618.51	505.03	392.94	355.2	351.68

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jun 30, 2022
Accounts Payable	7.18	4.08	10.39	8.89	3.62	3.58
Accrued Expenses	7.89	8.25	7.3	6.4	4.52	3.55
Short-Term Debt	-	0.88	0.63	1.27	-	-
Current Portion of Leases	1	1.97	3.02	2.77	1.93	1.95
Current Income Taxes Payable	32.52	23.48	-	-	-	-
Current Unearned Revenue	4.29	-	11.93	-	1.63	8.49
Other Current Liabilities	15.05	13.02	10.59	7.52	7.85	7.13
Total Current Liabilities	67.92	51.68	43.86	26.84	19.56	24.68
Long-Term Leases	0.1	0.44	2.51	4.33	1.41	1.61
Long-Term Deferred Tax Liabilities	-	1.76	-	-	-	-
Other Long-Term Liabilities	34.1	32.1	30.89	27.54	14.58	15.71
Total Liabilities	102.11	85.98	77.26	58.7	35.55	42

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jun 30, 2022
Common Stock	311.26	311.26	311.26	319.57	319.57	319.57
Retained Earnings	325.52	221.62	89.2	-13.15	-27.74	-37.7
Comprehensive Income & Other	-0.14	-0.35	27.32	27.82	27.82	27.82
Shareholders' Equity	636.65	532.53	427.77	334.23	319.65	309.68
Total Liabilities & Equity	738.76	618.51	505.03	392.94	355.2	351.68

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jun 30, 2022
Total Debt	1.1	3.29	6.15	8.36	3.34	3.56
Net Cash (Debt)	372.9	290.32	214.49	134.69	110.59	118.69
Net Cash Growth	64.27%	35.35%	59.25%	21.79%	-6.83%	-
Net Cash Per Share	0.43	0.33	0.24	0.15	0.12	0.13
Filing Date Shares Outstanding	886.39	886.39	886.39	907.27	907.27	907.27
Total Common Shares Outstanding	886.39	886.39	886.39	907.27	907.27	907.27
Working Capital	372.91	311.78	227.39	166.79	146.73	148
Book Value Per Share	0.72	0.60	0.48	0.37	0.35	0.34
Tangible Book Value	636.65	532.53	427.77	334.23	319.65	309.68
Tangible Book Value Per Share	0.72	0.60	0.48	0.37	0.35	0.34
Land	-	30.8	29.9	28.31	10.91	10.91
Machinery	-	103.79	95.75	75.76	60.84	59.76
Construction In Progress	-	19.34	14.59	18.84	41.75	31.15

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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:

Aug 29, 2026

Data Sources Report a data error