Kore Potash Plc (KP2) - Net Assets

Latest as of December 2025: AU$209.65 Million AUD ≈ $148.34 Million USD

Based on the latest financial reports, Kore Potash Plc (KP2) has net assets worth AU$209.65 Million AUD (≈ $148.34 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$210.11 Million ≈ $148.67 Million USD) and total liabilities (AU$453.96K ≈ $321.20K 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. Read KP2 total liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$209.65 Million
% of Total Assets	99.78%
Annual Growth Rate	31.78%
5-Year Change	18.17%
10-Year Change	81.04%
Growth Volatility	21334.19

Kore Potash Plc - Net Assets Trend (2004–2025)

This chart illustrates how Kore Potash Plc's net assets have evolved over time, based on quarterly financial data. Also explore Kore Potash Plc total assets for the complete picture of this company's asset base.

Annual Net Assets for Kore Potash Plc (2004–2025)

The table below shows the annual net assets of Kore Potash Plc from 2004 to 2025. For live valuation and market cap data, see Kore Potash Plc stock valuation.

Year	Net Assets	Change
2025-12-31	AU$209.65 Million ≈ $148.34 Million	+25.31%
2024-12-31	AU$167.30 Million ≈ $118.38 Million	-4.45%
2023-12-31	AU$175.09 Million ≈ $123.89 Million	+4.44%
2022-12-31	AU$167.65 Million ≈ $118.62 Million	-5.51%
2021-12-31	AU$177.42 Million ≈ $125.54 Million	-0.14%
2020-12-31	AU$177.66 Million ≈ $125.71 Million	-43.82%
2019-12-31	AU$316.24 Million ≈ $223.76 Million	+104.53%
2018-12-31	AU$154.61 Million ≈ $109.40 Million	+0.21%
2017-12-31	AU$154.29 Million ≈ $109.17 Million	+33.23%
2017-06-30	AU$115.80 Million ≈ $81.94 Million	-16.61%
2016-12-31	AU$138.88 Million ≈ $98.26 Million	+44.05%
2015-12-31	AU$96.41 Million ≈ $68.21 Million	-7.49%
2014-12-31	AU$104.21 Million ≈ $73.73 Million	-3.07%
2013-12-31	AU$107.51 Million ≈ $76.07 Million	+102580.56%
2012-12-31	AU$104.71K ≈ $74.09K	-99.88%
2011-12-31	AU$91.02 Million ≈ $64.40 Million	+173.19%
2010-12-31	AU$33.32 Million ≈ $23.57 Million	+86.93%
2009-12-31	AU$17.82 Million ≈ $12.61 Million	+4470.00%
2008-12-31	AU$390.00K ≈ $275.95K	-90.38%
2007-12-31	AU$4.06 Million ≈ $2.87 Million	-56.49%
2006-12-31	AU$9.32 Million ≈ $6.60 Million	+78.31%
2005-12-31	AU$5.23 Million ≈ $3.70 Million	+719.44%
2004-12-31	AU$638.00K ≈ $451.43K	--

Equity Component Analysis

This analysis shows how different components contribute to Kore Potash Plc'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 grown by 2064831.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	AU$144.55 Million	68.76%
Common Stock	AU$5.18 Million	2.46%
Other Comprehensive Income	AU$-10.76 Million	-5.12%
Other Components	AU$71.25 Million	33.89%
Total Equity	AU$210.22 Million	100.00%

Kore Potash Plc Competitors by Market Cap

The table below lists competitors of Kore Potash Plc ranked by their market capitalization.

Company	Market Cap
eGain Corporation NASDAQ:EGAN	$216.08 Million
Kuo Yang Construction Co Ltd TW:2505	$216.10 Million
Medallion Financial Corp NASDAQ:MFIN	$216.10 Million
CARGO Therapeutics, Inc. Common Stock NASDAQ:CRGX	$216.19 Million
Creative Sensor Inc TW:8249	$216.04 Million
Blue Acquisition Corp. Class A Ordinary Shares NASDAQ:BACC	$216.03 Million
PTC India Financial Services Limited NSE:PFS	$215.95 Million
Starpharma Holdings Ltd AU:SPL	$215.93 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kore Potash Plc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 167,868,406 to 210,220,049, a change of 42,351,643 (25.2%).
Net loss of 1,018,886 reduced equity.
New share issuances of 22,650,721 increased equity.
Other comprehensive income decreased equity by 182,699,170.
Other factors increased equity by 203,418,978.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-1.02 Million	-0.48%
Share Issuances	AU$22.65 Million	+10.77%
Other Comprehensive Income	AU$-182.70 Million	-86.91%
Other Changes	AU$203.42 Million	+96.76%
Total Change	AU$-	25.23%

Book Value vs Market Value Analysis

This analysis compares Kore Potash Plc'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: 1.34x
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 0.14x to 1.34x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	AU$0.43	AU$0.06	x
2013-12-31	AU$36.66	AU$0.06	x
2014-12-31	AU$12.13	AU$0.06	x
2015-12-31	AU$22.69	AU$0.06	x
2016-12-31	AU$29.80	AU$0.06	x
2017-12-31	AU$17.96	AU$0.06	x
2018-12-31	AU$18.50	AU$0.06	x
2019-12-31	AU$13.95	AU$0.06	x
2020-12-31	AU$5.63	AU$0.06	x
2021-12-31	AU$4.25	AU$0.06	x
2022-12-31	AU$2.22	AU$0.06	x
2023-12-31	AU$4.96	AU$0.06	x
2024-12-31	AU$3.94	AU$0.06	x
2025-12-31	AU$0.04	AU$0.06	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kore Potash Plc 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): -0.48%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.00%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.00x
Recent ROE (-0.48%) is above the historical average (-2.69%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	1.10%	5.43%	0.19x	1.04x	AU$-56.80K
2012	-10.19%	0.00%	0.00x	1.04x	AU$-21.14K
2013	-7.15%	0.00%	0.00x	1.00x	AU$-18.43 Million
2014	-3.35%	0.00%	0.00x	1.00x	AU$-13.91 Million
2015	-2.75%	-14444.39%	0.00x	1.00x	AU$-12.29 Million
2016	-3.07%	-20332.53%	0.00x	1.00x	AU$-18.15 Million
2017	-2.82%	-8541.73%	0.00x	1.02x	AU$-19.77 Million
2018	-4.03%	-8576.50%	0.00x	1.01x	AU$-21.77 Million
2019	-2.59%	-2.49%	0.23x	4.47x	AU$-20.43 Million
2020	-1.76%	-1.47%	1.20x	1.00x	AU$-20.96 Million
2021	-1.09%	-13196.44%	0.00x	1.00x	AU$-19.74 Million
2022	-0.90%	-2260.79%	0.00x	1.00x	AU$-18.34 Million
2023	-0.62%	-0.74%	0.83x	1.02x	AU$-18.66 Million
2024	-0.68%	0.00%	0.00x	1.02x	AU$-17.93 Million
2025	-0.48%	0.00%	0.00x	1.00x	AU$-22.04 Million

Industry Comparison

This section compares Kore Potash Plc'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
Kore Potash Plc (KP2)	AU$209.65 Million	1.10%	0.00x	$216.08 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 Kore Potash Plc

AU:KP2 Australia Other Industrial Metals & Mining

Market Cap

$216.08 Million

AU$305.38 Million AUD

Market Cap Rank

#16274 Global

#463 in Australia

Share Price

AU$0.06

Change (1 day)

+7.27%

52-Week Range

AU$0.04 - AU$0.08

All Time High

AU$0.22