Morella Corporation Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

Morella Corporation Limited, an exploration and resource development company, focuses on the exploration and development of lithium and battery minerals in Australia and the United States. It operates through Exploration Services and Mineral Exploration segments. The company holds a 51% interest in the Mallina Lithium Project located within the northern Pilbara, Western Australia; and a 60% interest and right to acquire a 100% interest in the Fish Lake Valley Lithium Project located in Esmeralda County, west-central Nevada, the United States. It also provides drilling services primarily to mining and exploration companies. The company was formerly known as Altura Mining Limited and changed its name to Morella Corporation Limited in December 2021. The company was incorporated in 2000 and is based in West Perth, Australia.

Financial highlights

Market Capitalization$39.6408 million
P/E Ratio0
P/E Growth Ratio
Book Value0.002
Dividend Per Share0
Earnings Per Share-0.0003
EBITDA-7,386.156
Profit Margin-2.367
Operating Margin TTM-8.5111
Return on Assets TTM-0.3265
Return on Equity TTM-17.8544
Revenue TTM877.937

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2016-12-31 1,592 3,341 -1,749
2017-12-31 1,612 4,462 -2,850
2018-12-31 38,594 36,798 1,796 4,420
2019-12-31 104,045 110,905 -6,860 22,613
2020-12-31 133.382 424.091 -290.709 6,950.624
2021-12-31 288.937 483.026 -194.089 6,167.098
2022-12-31 479.73 -1,134.38 1,614.11

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2016-12-31 13,271 88,338 31,647 0 0 146,556
2017-12-31 28,761 268,875 175,820 0 145,887 192,893
2018-12-31 9,494 336,803 235,958 179,612 0 233,955
2019-12-31 2,298 341,893 276,907 18,260 191,693 290,860
2020-12-31 372.419 7,238.78 6,501.464 3,539.458 0 290,860.299
2021-12-31 4,253.365 10,191.982 4,817.48 3,341.171 0 302,776.147
2022-12-31 7,927.08 16,827.73 5,648.95 0 3,376.86 315,721.41

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2016-12-31 -5,557 -8,824
2017-12-31 -5,451 15,471 28,779
2018-12-31 -26,665 13,584 -19,266 28,779 9,513
2019-12-31 -93,736 -42,806 -7,205 9,513 2,308 7,878
2020-12-31 -72,802.486 -5,262.94 -1,926.54 2,308.386 381.846
2021-12-31 -681.014 -2,958.24 3,881.483 380.845 4,262.328
2022-12-31 -2,845.183 3,614.455 4,262.328 7,936.46