Larvotto Resources Ltd

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

Company description

Larvotto Resources Limited engages in the acquisition, exploration, evaluation, and development of mineral resources in Australia and New Zealand. The company explores for copper, gold, cobalt, nickel, and lithium deposits, as well as platinum group elements. It holds 100% interests in the Mt Isa Copper project covering an area of approximately 900 square kilometers located in the Mt Isa region, Queensland; and Eyre project covering an area of approximately 580 square kilometers located in the Kalgoorlie region, Western Australia. The company also holds an option to acquire a 75% interest in the Ohakuri project covering an area of 25.78 square kilometers located on North Island, New Zealand. Larvotto Resources Limited was incorporated in 2020 and is headquartered in Nedlands, Australia.

Financial highlights

Market Capitalization$10.9714 million
P/E Ratio0
P/E Growth Ratio
Book Value0.1
Dividend Per Share0
Earnings Per Share-0.03
EBITDA-1,943.1
Profit Margin-1.3897
Operating Margin TTM-1.3897
Return on Assets TTM-0.1773
Return on Equity TTM-0.2908
Revenue TTM1,412.042

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2020-12-31 0
2021-12-31 0 1,516.059
2022-12-31 0 575.23 3,374.367

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2020-12-31 130 140.02 196.26 0 6
2021-12-31 4,673.278 5,901.503 234.912 0 7,165.691
2022-12-31 6,464.14 7,934.344 106.905 0 11,040.691

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2020-12-31 0 130 130
2021-12-31 -1,512.042 -1,627.08 4,543.278 130 4,673.278
2022-12-31 -1,962.325 -1,802.88 1,790.862 4,673.278 6,464.14