Fortuna Metals Limited (FUN) - Net Assets

Latest as of April 2025: AU$9.63 Million AUD ≈ $6.82 Million USD

Based on the latest financial reports, Fortuna Metals Limited (FUN) has net assets worth AU$9.63 Million AUD (≈ $6.82 Million USD) as of April 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$9.79 Million ≈ $6.93 Million USD) and total liabilities (AU$158.84K ≈ $112.39K 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 asset resilience ratio of Fortuna Metals Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$9.63 Million
% of Total Assets	98.38%
Annual Growth Rate	-0.37%
5-Year Change	217.3%
10-Year Change	N/A
Growth Volatility	84.37

Fortuna Metals Limited - Net Assets Trend (1999–2025)

This chart illustrates how Fortuna Metals Limited's net assets have evolved over time, based on quarterly financial data. Also explore FUN current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Fortuna Metals Limited (1999–2025)

The table below shows the annual net assets of Fortuna Metals Limited from 1999 to 2025. For live valuation and market cap data, see FUN market cap.

Year	Net Assets	Change
2025-07-31	AU$9.63 Million ≈ $6.82 Million	-41.07%
2024-07-31	AU$16.34 Million ≈ $11.56 Million	+58.12%
2023-07-31	AU$10.34 Million ≈ $7.31 Million	+45.14%
2022-07-31	AU$7.12 Million ≈ $5.04 Million	+134.60%
2021-07-31	AU$3.04 Million ≈ $2.15 Million	+135.16%
2020-07-31	AU$-8.63 Million ≈ $-6.11 Million	-2590.03%
2019-07-31	AU$-321.00K ≈ $-227.13K	+97.75%
2018-07-31	AU$-14.27 Million ≈ $-10.09 Million	+71.87%
2017-07-31	AU$-50.71 Million ≈ $-35.88 Million	-196.61%
2016-07-31	AU$-17.10 Million ≈ $-12.10 Million	-156.77%
2015-07-31	AU$30.12 Million ≈ $21.31 Million	-55.55%
2014-07-31	AU$67.76 Million ≈ $47.94 Million	-34.18%
2013-07-31	AU$102.95 Million ≈ $72.84 Million	+43.47%
2012-07-31	AU$71.76 Million ≈ $50.77 Million	+116.15%
2011-07-31	AU$33.20 Million ≈ $23.49 Million	-54.68%
2010-07-31	AU$73.26 Million ≈ $51.84 Million	-4.53%
2009-07-31	AU$76.74 Million ≈ $54.30 Million	-31.35%
2008-07-31	AU$111.78 Million ≈ $79.09 Million	-32.93%
2007-07-31	AU$166.67 Million ≈ $117.93 Million	+37.23%
2006-07-31	AU$121.45 Million ≈ $85.94 Million	+6.10%
2005-07-31	AU$114.48 Million ≈ $81.00 Million	+17.11%
2004-07-31	AU$97.75 Million ≈ $69.16 Million	+12.83%
2003-07-31	AU$86.63 Million ≈ $61.30 Million	+61.83%
2002-07-31	AU$53.53 Million ≈ $37.88 Million	+278.49%
2001-07-31	AU$14.14 Million ≈ $10.01 Million	+9.85%
2000-07-31	AU$12.88 Million ≈ $9.11 Million	+21.27%
1999-07-31	AU$10.62 Million ≈ $7.51 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Fortuna Metals Limited'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 2367.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (July 2025)

Component	Amount	Percentage
Common Stock	AU$51.97 Million	539.52%
Other Components	AU$10.00	0.00%
Total Equity	AU$9.63 Million	100.00%

Fortuna Metals Limited Competitors by Market Cap

The table below lists competitors of Fortuna Metals Limited ranked by their market capitalization.

Company	Market Cap
Lyckegard Group AB ST:LYGRD	$23.07 Million
Sierra Nevada Gold Inc AU:SNX	$23.09 Million
Mistral Iberia Real Estate SOCIMI S.A. MC:YMIB	$23.09 Million
Gromutual Bhd KLSE:9962	$23.10 Million
SIAV S.P.A. F:F4U	$23.05 Million
Veto Switchgears And Cables Limited NSE:VETO	$23.02 Million
Four Seasons Education Cayman NYSE:FEDU	$23.02 Million
Alumexx N.V. AS:ALX	$23.01 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 16,344,480 to 9,632,440, a change of -6,712,040 (-41.1%).
Net loss of 7,147,540 reduced equity.
Share repurchases of 274,910 reduced equity.
Other factors increased equity by 710,410.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-7.15 Million	-74.2%
Share Repurchases	AU$274.91K	-2.85%
Other Changes	AU$710.41K	+7.38%
Total Change	AU$-	-41.07%

Book Value vs Market Value Analysis

This analysis compares Fortuna Metals Limited'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: 1.12x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.03x to 1.12x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1999-07-31	AU$4.51	AU$0.12	x
2000-07-31	AU$7.21	AU$0.12	x
2001-07-31	AU$6.01	AU$0.12	x
2002-07-31	AU$20.22	AU$0.12	x
2003-07-31	AU$16.98	AU$0.12	x
2004-07-31	AU$17.19	AU$0.12	x
2005-07-31	AU$19.45	AU$0.12	x
2006-07-31	AU$21.22	AU$0.12	x
2007-07-31	AU$23.18	AU$0.12	x
2008-07-31	AU$15.31	AU$0.12	x
2009-07-31	AU$7.49	AU$0.12	x
2011-07-31	AU$2.21	AU$0.12	x
2012-07-31	AU$4.42	AU$0.12	x
2013-07-31	AU$4.40	AU$0.12	x
2014-07-31	AU$2.37	AU$0.12	x
2015-07-31	AU$1.05	AU$0.12	x
2016-07-31	AU$-0.58	AU$0.12	x
2017-07-31	AU$-1.63	AU$0.12	x
2018-07-31	AU$-0.15	AU$0.12	x
2019-07-31	AU$0.00	AU$0.12	x
2020-07-31	AU$-0.04	AU$0.12	x
2021-07-31	AU$0.18	AU$0.12	x
2022-07-31	AU$0.26	AU$0.12	x
2023-07-31	AU$0.21	AU$0.12	x
2024-07-31	AU$0.15	AU$0.12	x
2025-07-31	AU$0.10	AU$0.12	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fortuna Metals Limited 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): -74.20%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -18969.06%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.02x
Recent ROE (-74.20%) is below the historical average (-12.32%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1999	9.42%	0.00%	0.00x	1.56x	AU$-61.72K
2000	14.55%	5.26%	1.60x	1.73x	AU$585.46K
2001	22.17%	6.55%	1.38x	2.46x	AU$1.72 Million
2002	16.79%	6.86%	1.22x	2.01x	AU$3.63 Million
2003	16.15%	6.26%	1.49x	1.73x	AU$5.33 Million
2004	17.27%	5.42%	1.97x	1.61x	AU$7.11 Million
2005	18.88%	6.25%	1.61x	1.88x	AU$10.16 Million
2006	9.94%	3.35%	1.36x	2.17x	AU$-77.50K
2007	3.09%	1.31%	1.18x	1.99x	AU$-11.51 Million
2008	-46.72%	-14.31%	1.41x	2.31x	AU$-63.41 Million
2009	-54.29%	-18.13%	1.13x	2.66x	AU$-49.34 Million
2011	-115.08%	-20.97%	1.16x	4.71x	AU$-41.52 Million
2012	14.54%	5.48%	1.05x	2.53x	AU$3.26 Million
2013	13.56%	8.28%	0.81x	2.02x	AU$3.67 Million
2014	-14.77%	-8.08%	0.97x	1.89x	AU$-16.79 Million
2015	-112.44%	-32.00%	1.16x	3.03x	AU$-36.88 Million
2016	0.00%	-25.95%	1.92x	0.00x	AU$-21.72 Million
2017	0.00%	-53.73%	2.85x	0.00x	AU$-24.62 Million
2018	0.00%	67.47%	3.51x	0.00x	AU$29.59 Million
2019	0.00%	25.13%	2.76x	0.00x	AU$7.54 Million
2020	0.00%	-42.40%	4.88x	0.00x	AU$-9.49 Million
2021	-26.40%	0.00%	0.00x	1.03x	AU$-1.10 Million
2022	-29.51%	0.00%	0.00x	1.04x	AU$-2.81 Million
2023	-7.44%	-1819.95%	0.00x	1.06x	AU$-1.80 Million
2024	4.06%	2131.31%	0.00x	1.01x	AU$-970.12K
2025	-74.20%	-18969.06%	0.00x	1.02x	AU$-8.11 Million

Industry Comparison

This section compares Fortuna Metals Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

Industry: Other Industrial Metals & Mining
Average net assets among peers: $5,711,623
Average return on equity (ROE) among peers: -27.49%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Fortuna Metals Limited (FUN)	AU$9.63 Million	9.42%	0.02x	$23.06 Million
Morella Corporation Ltd (1MC)	$16.53 Million	-35.29%	0.29x	$8.08 Million
Amaero Ltd (3DA)	$29.43 Million	-63.84%	0.70x	$252.75 Million
6K Additive Inc (6KA)	$-42.72 Million	0.00%	0.00x	$160.74 Million
Atlantic Lithium Ltd (A11)	$789.39K	-143.95%	0.47x	$151.02 Million
African Gold Ltd (A1G)	$11.13 Million	-22.75%	0.07x	$419.02 Million
Albright Metals Ltd (ABR)	$10.99 Million	-9.29%	0.07x	$3.68 Million
Audalia Resources Ltd (ACP)	$4.75 Million	-16.80%	1.00x	$14.72 Million
Accent Resources NL (ACS)	$4.38 Million	-14.12%	0.03x	$16.28 Million
Acdc Metals Ltd (ADC)	$10.58 Million	-4.74%	0.03x	$3.13 Million
Andromeda Metals Ltd (ADN)	$11.27 Million	35.85%	0.04x	$26.17 Million

About Fortuna Metals Limited

AU:FUN Australia Other Industrial Metals & Mining

Market Cap

$23.06 Million

AU$32.59 Million AUD

Market Cap Rank

#24569 Global

#1028 in Australia

Share Price

AU$0.12

Change (1 day)

-8.00%

52-Week Range

AU$0.07 - AU$0.20

All Time High

AU$0.20