ioneer Ltd
IONR Nasdaq Mining & Quarrying Of Nonmetallic Minerals (No Fuels) Financials FY2021–FY2025
What ioneer Ltd does
No business description yet.
- Legal name
- ioneer Ltd
- Fiscal year ends
- June 30, 2025
- Latest annual report
- 20-F · Apr 29, 2026
- Accession · CIK
- 0001140361-26-017853
0001896084
Revenue and margins
ioneer Ltd had $0.0M of revenue in fiscal 2025.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was −$6.8M in fiscal 2025, — of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
ioneer Ltd returned — to shareholders in fiscal 2025. The diluted share count rose 9.9%.
Balance sheet
Cash, debt and the ratios that show how comfortably ioneer Ltd can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $62.5M | $94.2M | $52.7M | $35.7M | $25.1M |
| Debt incl. finance leases | — | $0.0M | $0.0M | $1.2M | $996M |
| Debt / equity | — | 0.0x | 0.0x | 0.0x | 4.3x |
| Interest coverage | −2,226.7x | −2,394.4x | −1,077.3x | −838.6x | −392.2x |
| Current ratio | 11.6x | 10.0x | 6.0x | 5.8x | 8.5x |
| Quick ratio | 11.6x | 10.0x | 6.0x | 5.8x | 8.5x |
| Total assets | $149M | $213M | $206M | $224M | $234M |
| Total liabilities | $5.5M | $9.5M | $8.9M | $6.3M | $3.2M |
| Shareholders' equity | $144M | $204M | $197M | $218M | $230M |
| Net debt (− = net cash) | — | −$94.2M | −$52.7M | −$34.5M | $971M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. “Plan” marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income is positive | ✕ | ✕ | ✕ | ✕ | ✕ |
| Cash from operations is positive | ✕ | ✕ | ✕ | ✕ | ✕ |
| Return on assets rose | — | ✓ | ✓ | ✕ | ✕ |
| Cash from operations exceeds net income | ✓ | ✕ | ✕ | ✓ | ✓ |
| Debt fell relative to assets | — | — | ✕ | ✕ | ✕ |
| Current ratio rose | — | ✕ | ✕ | ✕ | ✓ |
| Share count didn't rise | — | ✕ | ✕ | ✕ | ✕ |
| Gross margin rose | — | — | — | — | — |
| Revenue rose relative to assets | — | ✕ | ✕ | ✕ | ✕ |
| F-score | — / 3 | 1 / 7 | 1 / 8 | 1 / 8 | 2 / 8 |
| Accruals ratio | −6.2% | 0.5% | 0.8% | −0.3% | −1.2% |
| Altman Z'' | 28.97 | 23.93 | 23.50 | 36.36 | 73.92 |
5 years of figures
Amounts in USD. Hover a ratio’s name for its definition.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Operating income | −$6.7M | −$12.0M | −$9.7M | −$9.2M | −$10.2M |
| Interest expense | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Pretax income | −$14.0M | −$8.5M | −$6.4M | −$7.8M | −$9.6M |
| Income tax | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Net income | −$14.0M | −$8.5M | −$6.4M | −$7.8M | −$9.6M |
| Net income to common | −$14.0M | −$8.5M | −$6.4M | −$7.8M | −$9.6M |
| Diluted EPS | −$32.00 | −$16.80 | −$12.00 | −$14.40 | −$16.40 |
| Diluted shares | 0.04B | 0.05B | 0.05B | 0.05B | 0.06B |
| Cash flow | |||||
| Cash from operations | −$4.8M | −$9.3M | −$8.1M | −$7.2M | −$6.8M |
| Capital expenditure | $0.0M | $0.0M | $0.6M | $0.0M | $0.0M |
| Free cash flow | −$4.9M | −$9.3M | −$8.7M | −$7.2M | −$6.8M |
| Depreciation and amortization | $0.2M | $0.2M | $0.1M | $0.3M | $0.3M |
| Stock-based compensation | $1.5M | $1.5M | $1.4M | $1.6M | $3.2M |
| Balance sheet | |||||
| Cash and short-term investments | $62.5M | $94.2M | $52.7M | $35.7M | $25.1M |
| Total debt | — | $0.0M | $0.0M | $1.2M | $996M |
| Current assets | $62.7M | $94.3M | $53.1M | $36.1M | $25.3M |
| Current liabilities | $5.4M | $9.5M | $8.8M | $6.2M | $3.0M |
| Property and equipment, net | $0.0M | $0.0M | $0.5M | $0.4M | $0.3M |
| Total assets | $149M | $213M | $206M | $224M | $234M |
| Total liabilities | $5.5M | $9.5M | $8.9M | $6.3M | $3.2M |
| Shareholders' equity | $144M | $204M | $197M | $218M | $230M |
| Returns | |||||
| Return on capital | — | −8.6% | −5.3% | −4.0% | −0.7% |
| Return on capital employed | −4.6% | −5.9% | −4.9% | −4.2% | −4.4% |
| Return on equity | −9.8% | −4.9% | −3.2% | −3.8% | −4.3% |
| Return on assets | −9.4% | −4.7% | −3.0% | −3.6% | −4.2% |
| Return on tangible equity | −9.8% | −4.2% | −3.2% | −3.6% | −4.1% |
| Growth | |||||
| Share count change | — | 15.2% | 4.2% | 2.2% | 9.9% |
| Financial health | |||||
| Debt / equity | — | 0.0x | 0.0x | 0.0x | 4.3x |
| Interest coverage | −2,226.7x | −2,394.4x | −1,077.3x | −838.6x | −392.2x |
| Current ratio | 11.6x | 10.0x | 6.0x | 5.8x | 8.5x |
| Quick ratio | 11.6x | 10.0x | 6.0x | 5.8x | 8.5x |
| Quality scores | |||||
| Piotroski F-score | — | 1.0 | 1.0 | 1.0 | 2.0 |
| Altman Z'' | 29.0 | 23.9 | 23.5 | 36.4 | 73.9 |
| Accruals ratio | −6.2% | 0.5% | 0.8% | −0.3% | −1.2% |
Source: SEC EDGAR XBRL filings (CIK 0001896084). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Per-share figures are per US-listed share (1 ADS = 40 ordinary shares). For information only — not investment advice. Check the original filings before relying on any figure.