Akora Resources Ltd

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

Company description

AKORA Resources Limited engages in the exploration and evaluation of iron ore projects in Madagascar. Its flagship project is the Bekisopa property that consists of three granted research permits and one granted small scale mining permit covering an area of 93.5 square kilometers located in south central Madagascar. The company was formerly known as Indian Pacific Resources Limited. AKORA Resources Limited was incorporated in 2009 and is based in Carlton North, Australia.

Financial highlights

Market Capitalization$17.5718 million
P/E Ratio0
P/E Growth Ratio
Book Value0.124
Dividend Per Share0
Earnings Per Share-0.02
EBITDA-1,485.751
Profit Margin0
Operating Margin TTM-2601.7185
Return on Assets TTM-0.0832
Return on Equity TTM-0.1615
Revenue TTM0.572

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2018-12-31 0.5
2019-12-31 0.2
2020-12-31 0.03 1,321.909
2021-12-31 0.08 1,184.725
2022-12-31 0.15 1,500.181

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2018-12-31 13.5 3,062.39 990.14 240 15,971.191
2019-12-31 2,088.71 5,255.01 1,095.84 0 18,832.748
2020-12-31 4,769.912 8,584.032 271.628 0 24,472.243
2021-12-31 1,045.851 8,289.109 629.127 0 24,786.898
2022-12-31 721.766 9,631.828 189.218 0 28,186.123

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2018-12-31 -350.788 -249.849 -316.754
2019-12-31 -945.983 -258.901 2,008.281 2,091.819
2020-12-31 -1,456.54 -1,178.117 2,678.093 2,091.819 4,769.912
2021-12-31 -1,077.391 -1,123.654 -3,724.061 4,769.912 1,045.851
2022-12-31 -1,501.025 -1,388.9 -324.085 1,045.851 721.766