ARRRF Stock Financial Analysis - Ardea Resources Limited (OTCPK) Stock

Overview

Ardea Resources Limited is an Australia-based mineral exploration and development company primarily focused on nickel and cobalt, alongside other associated minerals. Headquartered in Western Australia, the company centers its activities predominantly in the region. Ardea's flagship project is the Goongarrie Nickel Cobalt Project, part of the broader Kalgoorlie Nickel Project, known for its significant lateritic nickel-cobalt mineralization. The company leverages extensive laterite profiles at Goongarrie to position itself prominently within the growing battery metals sector, which is critical for electric vehicles and renewable energy technologies. Ardea aims to develop these resources through sustainable practices, underpinning its strategic growth in the mineral resource industry.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Ardea Resources Limited as of December 31, 2024 is 0.08 MM.
The operating income for Ardea Resources Limited as of December 31, 2024 is -8.95 MM.
The net income for Ardea Resources Limited as of December 31, 2024 is -8.35 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2024-12-31	0.08	-8.95	-8.35
2024-09-30	0.20	-8.58	-8.03
2024-06-30	0.32	-8.22	-7.71
2024-03-31	0.32	-6.84	-6.65
2023-12-31	0.31	-5.45	-5.60
2023-09-30	0.19	-4.67	-4.92
2023-06-30	0.08	-3.89	-4.24
2023-03-31	0.08	-3.58	-5.12
2022-12-31	0.09	-3.27	-6.01
2022-09-30	0.05	-2.68	-5.67
2022-06-30	0.02	-2.09	-5.33
2022-03-31	0.05	-1.75	-3.81
2021-12-31	0.08	-1.42	-2.30
2021-09-30	0.11	-1.39	-2.30
2021-06-30	0.15	-1.35	-2.30
2021-03-31	0.13	-2.35	-2.53
2020-12-31	0.12	-3.35	-2.76
2020-09-30	0.10	-3.32	-2.42
2020-06-30
2020-03-31

Income Statement: EPS

The earnings per share basic for Ardea Resources Limited as of December 31, 2024 is -0.04.
The earnings per share diluted for Ardea Resources Limited as of December 31, 2024 is -0.04.

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2024-12-31	-0.04	-0.04
2024-09-30	-0.04	-0.04
2024-06-30	-0.04	-0.04
2024-03-31	-0.04	-0.04
2023-12-31	-0.03	-0.03
2023-09-30	-0.03	-0.03
2023-06-30	-0.02	-0.02
2023-03-31	-0.03	-0.03
2022-12-31	-0.04	-0.04
2022-09-30	-0.04	-0.04
2022-06-30	-0.04	-0.04
2022-03-31	-0.03	-0.03
2021-12-31	-0.02	-0.02
2021-09-30	-0.02	-0.02
2021-06-30	-0.02	-0.02
2021-03-31	-0.02	-0.02
2020-12-31	-0.02	-0.02
2020-09-30	-0.02	-0.02
2020-06-30	-0.02	-0.02
2020-03-31	-0.01	-0.01

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Ardea Resources Limited as of December 31, 2024 is -6.58 MM.
The cash from investing activities for Ardea Resources Limited as of December 31, 2024 is -19.39 MM.
The cash from financing activities for Ardea Resources Limited as of December 31, 2024 is 19.63 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2024-12-31	-6.58	-19.39	19.63
2024-09-30	-5.36	-13.44	17.73
2024-06-30	-4.14	-7.49	15.83
2024-03-31	-3.44	-7.68	15.37
2023-12-31	-2.74	-7.87	14.92
2023-09-30	-2.05	-8.93	7.46
2023-06-30	-1.37	-10.00	-0.01
2023-03-31	-1.83	-9.45	10.17
2022-12-31	-2.29	-8.90	20.34
2022-09-30	-2.18	-8.09	23.01
2022-06-30	-2.07	-7.28	25.68
2022-03-31	-1.36	-8.35	15.51
2021-12-31	-0.65	-9.42	5.34
2021-09-30	-0.60	-8.91	4.99
2021-06-30	-0.55	-8.40	4.64
2021-03-31	-0.38	-6.32	4.64
2020-12-31	-0.20	-4.23	4.64
2020-09-30	-0.15	-4.06	3.72
2020-06-30
2020-03-31

Valuation Metrics : PE, PriceToBook, PriceToTBV

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31

Management Effectiveness

The roa for Ardea Resources Limited as of December 31, 2024 is -0.13.
The roe for Ardea Resources Limited as of December 31, 2024 is -0.13.
The roic for Ardea Resources Limited as of December 31, 2024 is -0.14.
The croic for Ardea Resources Limited as of December 31, 2024 is 0.07.
The ocroic for Ardea Resources Limited as of December 31, 2024 is -0.07.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2024-12-31	-0.13	-0.13	-0.14	0.07	-0.07
2024-09-30	-0.13	-0.13	-0.14	0.07	-0.07
2024-06-30		-0.15
2024-03-31		-0.12
2023-12-31			-0.08	-0.06
2023-09-30			-0.09	-0.25
2023-06-30		-0.09
2023-03-31		-0.10
2022-12-31
2022-09-30		0.00
2022-06-30		0.00	0.00
2022-03-31		0.00
2021-12-31		-0.06
2021-09-30	-0.06	-0.06
2021-06-30	-0.07		-0.07	-0.12	-0.02
2021-03-31	-0.08	-0.08	-0.07	-0.06	-0.01
2020-12-31	-0.08	-0.08	-0.08	0.01	-0.01
2020-09-30	-0.07	-0.07	-0.07	-0.01	-0.00
2020-06-30	-0.05	-0.06	-0.06	-0.04	-0.00
2020-03-31	-0.04	-0.04	-0.05	-0.04	-0.02

Gross Margins

The gross margin for Ardea Resources Limited as of December 31, 2024 is 1.00.
The net margin for Ardea Resources Limited as of December 31, 2024 is -23.90.
The operating margin for Ardea Resources Limited as of December 31, 2024 is -25.50.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2024-12-31	1.00	-23.90	-25.50
2024-09-30	1.00	-23.90	-25.50
2024-06-30
2024-03-31
2023-12-31
2023-09-30		-56.40	-51.77
2023-06-30		-56.40	-51.77
2023-03-31		-63.87	-44.60
2022-12-31
2022-09-30		0.00	0.00
2022-06-30		0.00	0.00
2022-03-31
2021-12-31
2021-09-30
2021-06-30	1.00	-15.65	-9.22
2021-03-31	1.00	-19.14	-17.80
2020-12-31	1.00	-81.84	-101.85
2020-09-30	1.00	-143.50	-201.78
2020-06-30	1.00	-24.86	-40.29
2020-03-31	1.00	-48.31	-69.48