Future Metals NL (FME) - Net Assets

Latest as of December 2025: AU$20.20 Million AUD ≈ $14.29 Million USD

Based on the latest financial reports, Future Metals NL (FME) has net assets worth AU$20.20 Million AUD (≈ $14.29 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$20.67 Million ≈ $14.62 Million USD) and total liabilities (AU$469.06K ≈ $331.89K USD). 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. Check Future Metals NL (FME) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$20.20 Million
% of Total Assets	97.73%
Annual Growth Rate	9.48%
5-Year Change	-14.39%
10-Year Change	81.2%
Growth Volatility	249.11

Future Metals NL - Net Assets Trend (2007–2024)

This chart illustrates how Future Metals NL's net assets have evolved over time, based on quarterly financial data. Also explore how large is Future Metals NL's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Future Metals NL (2007–2024)

The table below shows the annual net assets of Future Metals NL from 2007 to 2024. For live valuation and market cap data, see Future Metals NL (FME) total market value.

Year	Net Assets	Change
2024-12-31	AU$21.16 Million ≈ $14.97 Million	+6.74%
2023-12-31	AU$19.83 Million ≈ $14.03 Million	+4.95%
2022-12-31	AU$18.89 Million ≈ $13.37 Million	-14.70%
2021-12-31	AU$22.15 Million ≈ $15.67 Million	-10.42%
2020-12-31	AU$24.72 Million ≈ $17.49 Million	+440.01%
2019-12-31	AU$4.58 Million ≈ $3.24 Million	-18.47%
2018-12-31	AU$5.61 Million ≈ $3.97 Million	-45.12%
2017-12-31	AU$10.23 Million ≈ $7.24 Million	-6.31%
2016-12-31	AU$10.92 Million ≈ $7.73 Million	-6.50%
2015-12-31	AU$11.68 Million ≈ $8.26 Million	-23.63%
2014-12-31	AU$15.29 Million ≈ $10.82 Million	-52.89%
2013-12-31	AU$32.46 Million ≈ $22.97 Million	-28.04%
2012-12-31	AU$45.11 Million ≈ $31.92 Million	+12.35%
2011-12-31	AU$40.15 Million ≈ $28.41 Million	+162.07%
2010-12-31	AU$15.32 Million ≈ $10.84 Million	+960.49%
2009-12-31	AU$1.44 Million ≈ $1.02 Million	-43.75%
2008-12-31	AU$2.57 Million ≈ $1.82 Million	-43.38%
2007-12-31	AU$4.54 Million ≈ $3.21 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Future Metals NL'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 2510001100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	AU$44.41 Million	209.86%
Other Comprehensive Income	AU$2.61 Million	12.34%
Total Equity	AU$21.16 Million	100.00%

Future Metals NL Competitors by Market Cap

The table below lists competitors of Future Metals NL ranked by their market capitalization.

Company	Market Cap
Speedvalue Ltd TA:SPDV	$13.56 Million
GOLDSTORM METALS CORP. F:B2U	$13.56 Million
Privasia Technology Bhd KLSE:0123	$13.57 Million
OPG POWER VENTURES (OPB.SG) STU:OPB	$13.57 Million
Wise Group AB ST:WISE	$13.56 Million
Malpac Holdings Bhd KLSE:4936	$13.56 Million
Aurora Spine Corp V:ASG	$13.55 Million
17 Education Technology Group Inc NASDAQ:YQ	$13.55 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Future Metals NL's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 19,826,066 to 21,162,998, a change of 1,336,932 (6.7%).
Net loss of 2,437,738 reduced equity.
Share repurchases of 3,963,940 reduced equity.
Other comprehensive income increased equity by 160,754.
Other factors increased equity by 7,577,856.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-2.44 Million	-11.52%
Share Repurchases	AU$3.96 Million	-18.73%
Other Comprehensive Income	AU$160.75K	+0.76%
Other Changes	AU$7.58 Million	+35.81%
Total Change	AU$-	6.74%

Book Value vs Market Value Analysis

This analysis compares Future Metals NL'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: 0.58x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has increased from 0.16x to 0.58x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	AU$0.12	AU$0.02	x
2008-12-31	AU$0.07	AU$0.02	x
2009-12-31	AU$0.04	AU$0.02	x
2010-12-31	AU$0.19	AU$0.02	x
2011-12-31	AU$0.21	AU$0.02	x
2012-12-31	AU$0.17	AU$0.02	x
2013-12-31	AU$0.12	AU$0.02	x
2014-12-31	AU$0.05	AU$0.02	x
2015-12-31	AU$0.03	AU$0.02	x
2016-12-31	AU$0.03	AU$0.02	x
2017-12-31	AU$0.02	AU$0.02	x
2018-12-31	AU$0.02	AU$0.02	x
2019-12-31	AU$0.02	AU$0.02	x
2020-12-31	AU$0.16	AU$0.02	x
2021-12-31	AU$0.06	AU$0.02	x
2022-12-31	AU$0.05	AU$0.02	x
2023-12-31	AU$0.05	AU$0.02	x
2024-12-31	AU$0.03	AU$0.02	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Future Metals NL 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): -11.52%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1051.73%
• Asset Turnover: 0.01x
• Equity Multiplier: 1.03x
Recent ROE (-11.52%) is above the historical average (-42.97%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	-16.68%	0.00%	0.00x	1.02x	AU$-1.21 Million
2008	-76.61%	0.00%	0.00x	1.18x	AU$-2.22 Million
2009	-79.63%	0.00%	0.00x	1.32x	AU$-1.29 Million
2010	-18.08%	0.00%	0.00x	1.04x	AU$-4.30 Million
2011	-9.78%	0.00%	0.00x	1.02x	AU$-7.94 Million
2012	-0.40%	0.00%	0.00x	1.00x	AU$-4.69 Million
2013	-31.52%	0.00%	0.00x	1.00x	AU$-13.48 Million
2014	-128.97%	0.00%	0.00x	1.05x	AU$-21.25 Million
2015	-77.35%	-3773.68%	0.02x	1.01x	AU$-10.20 Million
2016	-6.95%	-478.42%	0.01x	1.00x	AU$-1.85 Million
2017	-6.75%	-511.26%	0.01x	1.01x	AU$-1.71 Million
2018	-182.94%	-13887.66%	0.01x	1.01x	AU$-10.83 Million
2019	-22.65%	-3873.79%	0.01x	1.01x	AU$-1.49 Million
2020	-25.52%	-769201.95%	0.00x	1.09x	AU$-8.78 Million
2021	-19.48%	-58485.42%	0.00x	1.05x	AU$-6.53 Million
2022	-38.69%	-2491.46%	0.02x	1.03x	AU$-9.20 Million
2023	-19.87%	-5026.02%	0.00x	1.02x	AU$-5.92 Million
2024	-11.52%	-1051.73%	0.01x	1.03x	AU$-4.55 Million

Industry Comparison

This section compares Future Metals NL's net assets metrics with peer companies in the Other Precious Metals & Mining industry.

Industry Context

Industry: Other Precious Metals & Mining
Average net assets among peers: $108,704,405
Average return on equity (ROE) among peers: -60.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Future Metals NL (FME)	AU$20.20 Million	-16.68%	0.02x	$13.56 Million
29METALS Ltd (29M)	$715.69 Million	-6.60%	0.81x	$297.19 Million
Aic Mines Ltd (A1M)	$46.60 Million	-91.64%	0.23x	$341.44 Million
Austral Gold Ltd (AGD)	$58.26 Million	-15.21%	0.84x	$66.18 Million
Alvo Minerals Ltd (ALV)	$320.88K	-110.98%	0.80x	$7.60 Million
Alicanto Minerals Ltd (AQI)	$2.54 Million	-215.43%	0.16x	$136.26 Million
Argent Minerals Ltd (ARD)	$2.40 Million	-88.19%	0.07x	$26.37 Million
Askari Metals Ltd (AS2)	$11.00 Million	-56.43%	0.12x	$5.44 Million
Avira Resources Ltd (AVW)	$5.57 Million	-12.76%	0.16x	$3.71 Million
Antipa Minerals Ltd (AZY)	$12.76 Million	-5.12%	0.04x	$304.70 Million
Burgundy Diamond Mines Ltd (BDM)	$231.89 Million	-0.88%	3.22x	$17.10 Million

About Future Metals NL

AU:FME Australia Other Precious Metals & Mining

Market Cap

$13.56 Million

AU$19.17 Million AUD

Market Cap Rank

#26109 Global

#1233 in Australia

Share Price

AU$0.02

Change (1 day)

+11.11%

52-Week Range

AU$0.01 - AU$0.04

All Time High

AU$0.71