Grand Gulf Energy Limited - GGE.AX

GGE.AX Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
GGE.AX	0	0	0	-33.3	-59.1	-70.8	-92.9	-66.7	-71.4	-97.1
S&P 500	-0.5	1.2	2.9	5.4	10.9	23.1	32.9	85.9	198.9	34104.6

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	GGE.AX
name	Grand Gulf Energy Limited
price	0.002
changes percentage	0
change	0
day low	0.002
day high	0.002
year high	0.009
year low	0.002
market cap	4900780
price avg 50	0.00227
price avg 200	0.004383
exchange	ASX
volume	775
avg volume	924068
open	0.002
previous close	0.002
eps	-0.01
pe	-0.2
earnings announcement	2024-11-28T18:00:00.000+0000
shares outstanding	2450390000
timestamp	2025-01-31 00:49:27

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 59.7%

Overall Quarterly Financial Health: 54.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0000000000
revenue	545743	695029	-21.48
gross profit	60388	-290965	120.75
gross profit ratio	0.11	-0.42	126.43
research and development expenses	0	0	NaN
operating expenses	1451818	757574	91.64
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	-1815931	-1695043	-7.13
ebitdaratio	-3.33	-1.33	-151.05
operating income	-1391430	-1048540	-32.70
operating income ratio	-2.55	-1.51	-69.00
net income	-1772177	-2239879	20.88
net income ratio	-3.25	-3.22	-0.76
eps	-0.0	-0.0	35.71

Overall Score of Annual Income Statement

0.67 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 1 million in 2024 from 1 million in 2023 representing a change of -21.48%. This indicates a sales shrinking, which is a negative sign for the company.

  Net Income: Net income decreased to -2 million in 2024 from -2 million in 2023 representing a change of 20.88%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 0 million in 2024 from 0 million in 2023 representing a change of 120.75%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 1 million in 2024 from 1 million in 2023 representing a change of 91.64%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to -2 million in 2024 from -2 million in 2023 representing a change of -7.13%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to -1 million in 2024 from -1 million in 2023 representing a change of -32.7%. The increase in operating income indicates better operational performance and increased profitability.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q2	Q/Q change %
0000000000
revenue	282381	263362	7.22
gross profit	86388	-26000	432.26
gross profit ratio	0.31	-0.1	409.88
research and development expenses	0	0	NaN
operating expenses	598551	853267	-29.85
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	-512163	-879267	41.75
ebitdaratio	-1.81	-3.34	45.67
operating income	-512163	-879267	41.75
operating income ratio	-1.81	-3.34	45.67
net income	-454358	-1317819	65.52
net income ratio	-1.61	-5.0	67.84
eps	-0.0	-0.0	71.43

Overall Score of Quarterly Income Statement

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 0 million in 2024Q4 from 0 million in 2024Q2 representing a change of 7.22%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 0 million in 2024Q4 from 0 million in 2024Q2 representing a change of 432.26%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 1 million in 2024Q4 from 1 million in 2024Q2 representing a change of -29.85%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Net Income: Net income increased to 0 million in 2024Q4 from -1 million in 2024Q2 representing a change of 65.52%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

• 📉 Negative Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -1 million in 2024Q4 from -1 million in 2024Q2 representing a change of 41.75%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to -1 million in 2024Q4 from -1 million in 2024Q2 representing a change of 41.75%. The decrease in operating income indicates worse operational performance and decreased profitability.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0000000000
total assets	24013382	23416385	2.55
total liabilities	909202	1619493	-43.86
total equity	23104180	21796892	6.00
cash and cash equivalents	267316	1223552	-78.15
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	804932	2072566	-61.16
total non current assets	23208450	21343818	8.74
total current liabilities	602558	1313126	-54.11
total non current liabilities	306644	306367	0.09
common stock	75583921	72737233	3.91
retained earnings	-65587689	-63815512	-2.78
total debt	0	0	NaN

Overall Score of Annual Balance Sheet

0.62 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 24 million in 2024 from 23 million in 2023 representing a change of 2.55%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 1 million in 2024 from 2 million in 2023 representing a change of -43.86%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 23 million in 2024 from 22 million in 2023 representing a change of 6.0%. This indicates an increase in shareholders' equity.

  Total Current Liabilities: Total Current Liabilities decreased to 1 million in 2024 from 1 million in 2023 representing a change of -54.11%. This indicates a lower short-term debt burden.

  Common Stock: Common Stock increased to 76 in 2024 from 73 in 2023 representing a change of 3.91%. This indicates an increase in ownership interest.

• 📉 Negative Indicators

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 0 million in 2024 from 1 million in 2023 representing a change of -78.15%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 1 million in 2024 from 2 million in 2023 representing a change of -61.16%. This indicates a worsen liquidity position.

  Retained Earnings: Retained Earnings decreased to -66 million in 2024 from -64 million in 2023 representing a change of -2.78%. This indicates an accumulated losses.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q2	Q/Q change %
0000000000
total assets	24013382	24186289	-0.71
total liabilities	909202	912201	-0.33
total equity	23104180	23274088	-0.73
cash and cash equivalents	267316	1527422	-82.50
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	804932	2066963	-61.06
total non current assets	23208450	22119326	4.92
total current liabilities	602558	615240	-2.06
total non current liabilities	306644	296961	3.26
common stock	75583921	75583921	0.00
retained earnings	-65587689	-65133331	-0.70
total debt	0	0	NaN

Overall Score of Quarterly Balance Sheet

0.29 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 24 million in 2024Q4 from 24 million in 2024Q2 representing a change of -0.71%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 23 million in 2024Q4 from 23 million in 2024Q2 representing a change of -0.73%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 0 million in 2024Q4 from 2 million in 2024Q2 representing a change of -82.5%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 1 million in 2024Q4 from 2 million in 2024Q2 representing a change of -61.06%. This indicates a worsen liquidity position.

  Retained Earnings: Retained Earnings decreased to -66 million in 2024Q4 from -65 million in 2024Q2 representing a change of -0.7%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 1 million in 2024Q4 from 1 million in 2024Q2 representing a change of -0.33%. This indicates a decrease in overall liabilities.

  Total Current Liabilities: Total Current Liabilities decreased to 1 million in 2024Q4 from 1 million in 2024Q2 representing a change of -2.06%. This indicates a lower short-term debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0000000000
net change in cash	-956236	-5569771	82.83
operating cash flow	-771965	-812944	5.04
free cash flow	-3932965	-9058944	56.58
capital expenditure	-3161000	-8246000	61.67
depreciation and amortization	424501	127347	233.34
deferred income tax	0	-345168	100.00
stock based compensation	160000	46471	244.30
accounts payables	0	4881	-100.00
inventory	0	0	NaN
acquisitions net	0	1137438	-100.00
investments in property plant and equipment	-3161000	-8246000	61.67
net cash used for investing activites	-3161000	-7108562	55.53
debt repayment	0	0	NaN
common stock issued	2976688	2340139	27.20
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	2976688	2340139	27.20
cash at end of period	267316	1223552	-78.15
accounts receivables	0	-48883	100.00
cash at beginning of period	1223552	6793323	-81.99

Overall Score of Annual Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to -1 million in 2024 from -6 million in 2023 representing a change of 82.83%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to -1 million in 2024 from -1 million in 2023 representing a change of 5.04%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to -4 million in 2024 from -9 million in 2023 representing a change of 56.58%. This indicates an increase in cash generated after accounting for capital expenditures.

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2024 from 0 million in 2023 representing a change of -100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -3 million in 2024 from -8 million in 2023 representing a change of 61.67%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2024 from 0 million in 2023 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

  Stock-Based Compensation: Stock-Based Compensation increased to 0 million in 2024 from 0 million in 2023 representing a change of 244.3%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024 from 0 million in 2023 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q2	Q/Q change %
0000000000
operating cash flow	-244995	-526970	53.51
free cash flow	-1262995	-2669970	52.70
capital expenditure	-1018000	-2143000	52.50
depreciation and amortization	-22189	446690	-104.97
deferred income tax	0	0	NaN
stock based compensation	0	160000	-100.00
accounts receivables	-78214	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-1018000	-2143000	52.50
net cash used for investing activites	-1018000	-2143000	52.50
debt repayment	0	0	NaN
common stock issued	0	2976688	-100.00
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	0	2976688	-100.00
net change in cash	-1260106	303870	-514.69
cash at end of period	267316	1527422	-82.50
cash at beginning of period	1527422	1223552	24.84

Overall Score of Quarterly Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -1 million in 2024Q4 from 0 million in 2024Q2 representing a change of -514.69%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure increased to -1 million in 2024Q4 from -2 million in 2024Q2 representing a change of 52.5%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to 0 million in 2024Q4 from -1 million in 2024Q2 representing a change of 53.51%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to -1 million in 2024Q4 from -3 million in 2024Q2 representing a change of 52.7%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2024Q4 from 0 million in 2024Q2 representing a change of -100.0%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Receivables: Accounts Receivables decreased to 0 million in 2024Q4 from 0 million in 2024Q2 representing a change of nan%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2024-06-30	2023-06-30	Y/Y change %
FY
calendar year	2024	2023	NaN
revenue per share	0.0	0.0	-39.05
net income per share	-0.0	-0.0	38.59
operating cash flow per share	-0.0	-0.0	26.29
free cash flow per share	-0.0	-0.01	66.30
cash per share	0.0	0.0	-83.04
book value per share	0.01	0.01	-17.72
tangible book value per share	0.01	0.01	-17.72
shareholders equity per share	0.01	0.01	-15.44
interest debt per share	0	0	NaN
market cap	11909516.63	16947971.17	-29.73
enterprise value	11642200.63	15724419.17	-25.96
pe ratio	-6.72	-7.57	11.18
price to sales ratio	21.82	24.38	-10.51
pocfratio	-15.43	-20.85	26.00
pfcf ratio	-3.03	-1.87	-61.86
pb ratio	0.6	0.93	-35.50
ptb ratio	0.6	0.93	-35.50
ev to sales	21.33	22.62	-5.71
enterprise value over ebitda	-6.41	-9.28	30.89
ev to operating cash flow	-15.08	-19.34	22.03
ev to free cash flow	-2.96	-1.74	-70.54
earnings yield	-0.15	-0.13	-12.59
free cash flow yield	-0.33	-0.53	38.22
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	0.15	0.72	-79.61
current ratio	1.34	1.58	-15.36
interest coverage	0	0	NaN
income quality	0.44	0.36	20.02
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	1.23	1.09	13.01
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-4.09	-10.14	59.63
capex to revenue	5.79	11.86	-51.18
capex to depreciation	7.45	64.75	-88.50
stock based compensation to revenue	0.29	0.07	338.48
graham number	0.01	0.02	-27.94
roic	-0.06	-0.05	-27.66
return on tangible assets	-0.07	-0.1	22.85
graham net net	-0.0	-0.0	-282.32
working capital	202374	759440	-73.35
tangible asset value	23104180	21796892	6.00
net current asset value	-104270	453073	-123.01
invested capital	23410824	1154119	1928.46
average receivables	442296.5	452795.5	-2.32
average payables	957842	796537	20.25
average inventory	0	0	NaN
days sales outstanding	294.89	233.0	26.56
days payables outstanding	453.14	486.1	-6.78
days of inventory on hand	0	0	NaN
receivables turnover	1.24	1.57	-20.99
payables turnover	0.81	0.75	7.27
inventory turnover	0	0	NaN
roe	-0.09	-0.12	27.37
capex per share	0.0	0.01	-70.24

• Negative

  ROE: Return on Equity (ROE) increased to -0.09 on 2024-06-30 from -0.12 on 2023-06-30, representing a change of 27.37%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to -6.72 on 2024-06-30 from -7.57 on 2023-06-30, representing a change of 11.18%. Indicating an increase in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 1.34 on 2024-06-30 from 1.58 on 2023-06-30, representing a change of -15.36%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2024-06-30 Q4	2023-12-31 Q2	Q/Q change %
GGE.AX
calendar year	2024	2024	NaN
revenue per share	0.0	0.0	-7.59
net income per share	-0.0	-0.0	70.29
operating cash flow per share	-0.0	-0.0	59.93
free cash flow per share	-0.0	-0.0	59.23
cash per share	0.0	0.0	-84.92
book value per share	0.01	0.01	-14.45
tangible book value per share	0.01	0.01	-14.45
shareholders equity per share	0.01	0.01	-13.24
interest debt per share	0	0	NaN
market cap	12815516.89	20708584.28	-38.11
enterprise value	12548200.89	19181162.28	-34.58
pe ratio	-7.05	-3.93	-79.49
price to sales ratio	45.38	78.63	-42.28
pocfratio	-52.31	-39.3	-33.11
pfcf ratio	-10.15	-7.76	-30.82
pb ratio	0.64	1.05	-38.52
ptb ratio	0.64	1.05	-38.52
ev to sales	44.44	72.83	-38.99
enterprise value over ebitda	-24.5	-21.81	-12.31
ev to operating cash flow	-51.22	-36.4	-40.71
ev to free cash flow	-9.94	-7.18	-38.30
earnings yield	-0.04	-0.06	44.29
free cash flow yield	-0.1	-0.13	23.56
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	0.52	1.74	-69.95
current ratio	1.34	3.36	-60.24
interest coverage	0	0	NaN
income quality	0.54	0.4	34.84
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	1.37	2.03	-32.32
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-4.16	-4.07	-2.18
capex to revenue	3.61	8.14	-55.70
capex to depreciation	-45.88	4.8	-1056.30
stock based compensation to revenue	0	0.61	-100.00
graham number	0.01	0.01	-49.23
roic	-0.02	-0.04	44.59
return on tangible assets	-0.02	-0.05	65.27
graham net net	-0.0	0.0	-128.80
working capital	202374	1451723	-86.06
tangible asset value	23104180	23274088	-0.73
net current asset value	-104270	1154762	-109.03
invested capital	23410824	23571049	-0.68
average receivables	431233	432614.5	-0.32
average payables	608899	964183	-36.85
average inventory	0.5	0.5	0.00
days sales outstanding	140.53	144.06	-2.45
days payables outstanding	276.69	191.36	44.60
days of inventory on hand	0	0.0	-100.00
receivables turnover	0.64	0.62	2.51
payables turnover	0.33	0.47	-30.84
inventory turnover	0	289362	-100.00
roe	-0.02	-0.07	65.75
capex per share	0.0	0.0	-59.06

• Negative

  ROE: Return on Equity (ROE) increased to -0.02 on 2024-06-30 Q4 from -0.07 on 2023-12-31 Q2, representing a change of 65.75%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -7.05 on 2024-06-30 Q4 from -3.93 on 2023-12-31 Q2, representing a change of -79.49%. Indicating a decrease in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 1.34 on 2024-06-30 Q4 from 3.36 on 2023-12-31 Q2, representing a change of -60.24%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is -0.0 which is lower than current price 0.0, indicates the company may be overvalued.