FLYNN Gold Ltd
Flynn Gold Limited operates as a mineral exploration company in Australia. The company explores for gold deposits. It holds 100% interest in the Golden Ridge Project, which is located in north-eastern Tasmania. The company was incorporated in 2020 and is based in Melbourne, Australia.
FLYNN Gold Ltd (FG1) - Net Assets
Latest net assets as of June 2025: AU$846.69K AUD
Based on the latest financial reports, FLYNN Gold Ltd (FG1) has net assets worth AU$846.69K AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.61 Million) and total liabilities (AU$762.33K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$846.69K |
| % of Total Assets | 52.62% |
| Annual Growth Rate | N/A |
| 5-Year Change | -90.35% |
| 10-Year Change | N/A |
| Growth Volatility | 15.45 |
FLYNN Gold Ltd - Net Assets Trend (2020–2025)
This chart illustrates how FLYNN Gold Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FLYNN Gold Ltd (2020–2025)
The table below shows the annual net assets of FLYNN Gold Ltd from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$846.69K | -66.18% |
| 2024-06-30 | AU$2.50 Million | -27.18% |
| 2023-06-30 | AU$3.44 Million | -29.92% |
| 2022-06-30 | AU$4.90 Million | -44.10% |
| 2021-06-30 | AU$8.77 Million | +968.81% |
| 2020-06-30 | AU$-1.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FLYNN Gold Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1992247500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$23.15 Million | 2734.03% |
| Other Comprehensive Income | AU$255.75K | 30.21% |
| Total Equity | AU$846.69K | 100.00% |
FLYNN Gold Ltd Competitors by Market Cap
The table below lists competitors of FLYNN Gold Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Larq SA
WAR:LRQ
|
$3.37 Million |
|
Aakash Exploration Services Limited
NSE:AAKASH
|
$3.38 Million |
|
Beardsell Limited
NSE:BEARDSELL
|
$3.38 Million |
|
Bowen Acquisition Corp Ordinary Shares
NASDAQ:BOWN
|
$3.38 Million |
|
Spine Injury Solutions Inc
BATS:SPIN
|
$3.37 Million |
|
374WATER INC. DL-0001
F:8LL
|
$3.37 Million |
|
Top Group Software Ltd
TA:TOPG
|
$3.37 Million |
|
Purefun Group AB
ST:PURE
|
$3.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FLYNN Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,503,232 to 846,694, a change of -1,656,538 (-66.2%).
- Net loss of 4,038,539 reduced equity.
- Share repurchases of 2,375,180 reduced equity.
- Other comprehensive income decreased equity by 32,360.
- Other factors increased equity by 4,789,541.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-4.04 Million | -476.98% |
| Share Repurchases | AU$2.38 Million | -280.52% |
| Other Comprehensive Income | AU$-32.36K | -3.82% |
| Other Changes | AU$4.79 Million | +565.68% |
| Total Change | AU$- | -66.18% |
Book Value vs Market Value Analysis
This analysis compares FLYNN Gold Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.46x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | AU$-0.01 | AU$0.03 | x |
| 2021-06-30 | AU$0.09 | AU$0.03 | x |
| 2022-06-30 | AU$0.05 | AU$0.03 | x |
| 2023-06-30 | AU$0.03 | AU$0.03 | x |
| 2024-06-30 | AU$0.02 | AU$0.03 | x |
| 2025-06-30 | AU$0.00 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FLYNN Gold Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -476.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4745.19%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.90x
- Recent ROE (-476.98%) is below the historical average (-161.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -6049.13% | 0.02x | 0.00x | AU$-2.53 Million |
| 2021 | -53.31% | -3161.65% | 0.02x | 1.09x | AU$-5.55 Million |
| 2022 | -78.88% | -33125.00% | 0.00x | 1.15x | AU$-4.36 Million |
| 2023 | -161.69% | -4982.52% | 0.03x | 1.22x | AU$-5.90 Million |
| 2024 | -196.30% | -197023.10% | 0.00x | 1.36x | AU$-5.16 Million |
| 2025 | -476.98% | -4745.19% | 0.05x | 1.90x | AU$-4.12 Million |
Industry Comparison
This section compares FLYNN Gold Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $23,959,302
- Average return on equity (ROE) among peers: -1270.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FLYNN Gold Ltd (FG1) | AU$846.69K | 0.00% | 0.90x | $3.37 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |