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IONR logoioneer Ltd(IONR)Earnings, Financials & Key Ratios

IONR•NASDAQ
$4.05
$10M mkt cap·Price updated May 6, 2026
SectorBasic MaterialsIndustryIndustrial MaterialsSub-IndustryBattery Materials (Lithium, Graphite, Rare Earths)
Aboutioneer Ltd explores for and develops mineral properties in North America. It owns 100% interest in the Rhyolite Ridge lithium-boron project located in Nevada, the United States. The company was formerly known as Global Geoscience Limited and changed its name to ioneer Ltd in November 2018. ioneer Ltd was incorporated in 2001 and is based in North Sydney, Australia.Show more
  • Revenue$0
  • EBITDA-$6K+99.9%
  • Net Income-$10K+99.9%
  • EPS (Diluted)-0.00+97.3%
  • ROE-0%+99.9%
  • ROIC-0%+99.9%
  • Debt/Equity0.00-72.4%
  • Interest Coverage-0.58+99.9%
Technical→

IONR Key Insights

ioneer Ltd (IONR) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Share count reduced 95.6% through buybacks
  • ✓Trading at only 0.0x book value

✗Weaknesses

  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

IONR Price & Volume

ioneer Ltd (IONR) stock price & volume — 10-year historical chart

Loading chart...

IONR Growth Metrics

ioneer Ltd (IONR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-10.92%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-39.81%

Return on Capital

10 Years-45.29%
5 Years-4%
3 Years-2.47%
Last Year-0%

IONR Recent Earnings

ioneer Ltd (IONR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 2/12 qtrs (67%)
Q1 2025Latest
Feb 19, 2025
EPS
$0.00
Est $0.04
+99.9%
Revenue
—
Q4 2024
Sep 19, 2024
EPS
$0.04
Est $0.04
+0.0%
Revenue
—
Q3 2024
Aug 20, 2024
EPS
$0.10
Revenue
—
Q1 2024
Feb 25, 2024
EPS
$0.00
Est $0.04
+99.9%
Revenue
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2025LatestFeb 19, 2025
$0.00vs $0.04+99.9%
—
Q4 2024Sep 19, 2024
$0.04vs $0.04+0.0%
—
Q3 2024Aug 20, 2024
$0.10
—
Q1 2024Feb 25, 2024
$0.00vs $0.04+99.9%
—
Based on last 12 quarters of dataView full earnings history →

IONR Peer Comparison

ioneer Ltd (IONR) competitors in Battery Materials (Lithium, Graphite, Rare Earths) — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
LAC logoLACLithium Americas Corp.Direct Competitor1.45B5.99-28.52-26.94%0.02
LI logoLILi Auto Inc.Direct Competitor35.58B17.7216.0216.71%3.59%6.21%0.23
SLI logoSLIStandard Lithium Ltd.Direct Competitor960.26M4.036.6868.23%0.00
ALB logoALBAlbemarle CorporationProduct Competitor22.7B192.61-33.50-4.37%-5%-2.7%0.34
SQM logoSQMSociedad Química y Minera de Chile S.A.Product Competitor13.35B93.46-65.82-39.35%12.12%9.48%0.93
MP logoMPMP Materials Corp.Product Competitor12.91B72.65-145.3035.12%-31.18%-5.04%0.44
UAMY logoUAMYUnited States Antimony CorporationProduct Competitor1.77B12.61-315.25162.81%-11.05%-6.14%0.00
BORR logoBORRBorr Drilling LimitedProduct Competitor1.46B5.9835.181.01%7.35%6.6%1.76

Compare IONR vs Peers

ioneer Ltd (IONR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs LAC

Most directly comparable listed peer for IONR.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare IONR against a more recognizable public peer.

Peer Set

Compare Top 5

vs LAC, LI, SLI, ALB

IONR Income Statement

ioneer Ltd (IONR) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Sales/Revenue0000000000
Revenue Growth %----------
Cost of Goods Sold007.87K34.19K43.26K174.04K51.77K260.95K276.53K588.78K
COGS % of Revenue----------
Gross Profit
0▲ 0%
0▲ 0%
-7.87K▲ 0%
-34.19K▼ 334.6%
-43.26K▼ 26.5%
-174K▼ 302.2%
-51.77K▲ 70.2%
-261K▼ 404.2%
-276.53K▼ 5.9%
-588.85K▲ 0%
Gross Margin %----------
Gross Profit Growth %----334.64%-26.54%-302.18%70.25%-404.16%-5.95%-
Operating Expenses7.42M2.63M3.7M5.54M6.6M11.82M9.56M8.97M6.37K9.64M
OpEx % of Revenue----------
Selling, General & Admin5.6K1.7M2.73M3.4K4.42K11.78M9.6M8.97M6.37M9.64M
SG&A % of Revenue----------
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses25.37K1.58K2.39K5.54M6.6M35K-42.5K0-6.37M0
Operating Income
-7.35M▲ 0%
-2.63M▲ 64.3%
-3.71M▼ 41.1%
-5.57M▼ 50.3%
-6.64M▼ 19.2%
-11.99M▼ 80.5%
-5.97M▲ 50.2%
-9.23M▼ 54.7%
-6.37K▲ 99.9%
-9.95M▲ 0%
Operating Margin %----------
Operating Income Growth %-108.65%64.28%-41.11%-50.34%-19.22%-80.48%50.24%-54.65%99.93%-
EBITDA-7.35M-2.63M-3.7M-5.54M-6.6M-11.82M-5.92M-8.97M-6.22K-9.64M
EBITDA Margin %----------
EBITDA Growth %-108.82%64.29%-40.87%-49.73%-19.17%-79.04%49.95%-51.6%99.93%53.46%
D&A (Non-Cash Add-back)1.04K9847.7K34.19K43.26K173K52K260.95K154312.55K
EBIT-5.63M-1.93M-1.82M-3.63M-7.68M-11.97M-9.7M-7.84M-10.2K-9.46M
Net Interest Income35.97K01.16M464.57K5.22K106K1.5M1.29M595.99K1.31M
Interest Income43.65K344.45K1.16M483.34K29.09K111K1.51M1.3M606.97K1.36M
Interest Expense7.68K04.9K18.77K23.87K5K10K11.04K10.98K49.03K
Other Income/Expense-4.73M1.15M1.94M2.02M-1.06M2.87M-424K1.37M-3.18K784.39K
Pretax Income
-12.09M▲ 0%
-1.93M▲ 84.0%
-659K▲ 65.9%
-3.65M▼ 454.0%
-7.7M▼ 111.0%
-9.12M▼ 18.4%
-6.39M▲ 29.9%
-7.85M▼ 22.9%
-9.55K▲ 99.9%
-9.16M▲ 0%
Pretax Margin %----------
Income Tax33.05K-746K4.9K005K0000
Effective Tax Rate %-0.27%38.59%-0.74%0%0%-0.05%0%0%0%0%
Net Income
-12.09M▲ 0%
-1.93M▲ 84.0%
-673K▲ 65.2%
-3.65M▼ 442.5%
-7.7M▼ 111.0%
-9.13M▼ 18.5%
-6.36M▲ 30.3%
-7.85M▼ 23.4%
-9.55K▲ 99.9%
-11.94M▲ 0%
Net Margin %----------
Net Income Growth %-249.04%84.01%65.18%-442.5%-110.97%-18.47%30.27%-23.43%99.88%-10.92%
Net Income (Continuing)-12.09M-1.83M-659K-3.65M-7.7M-9.13M-6.36M-7.85M-9.55K-9.16M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)
-0.46▲ 0%
-0.06▲ 87.0%
-0.02▲ 73.3%
-0.09▼ 475.0%
-0.18▼ 95.7%
-0.18▲ 0.0%
-0.12▲ 33.3%
-0.15▼ 25.0%
-0.00▲ 97.3%
-0.20▲ 0%
EPS Growth %-91.67%86.96%73.33%-475%-95.65%0%33.33%-25%97.33%-39.81%
EPS (Basic)-0.46-0.06-0.02-0.09-0.18-0.18-0.12-0.15-0.00-
Diluted Shares Outstanding26.52M30.4M36.8M39.93M43.73M50.36M52.45M53.63M2.36M60.35M
Basic Shares Outstanding26.52M30.4M36.8M39.93M43.73M50.36M52.45M53.63M2.33M60.35M
Dividend Payout Ratio----------

IONR Balance Sheet

ioneer Ltd (IONR) balance sheet — assets, liabilities & shareholders' equity

Line itemJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Total Current Assets5.72M59.24M34.26M26.33M62.69M94.32M53.06M36.06M25.27M18.37M
Cash & Short-Term Investments5.69M59.16M34.04M26.29M62.42M94.18M52.71M35.72M25.06M17.86M
Cash Only5.69M59.16M34.04M26.29M62.42M94.18M52.71M35.72M25.06M17.86M
Short-Term Investments0000000000
Accounts Receivable27.77K77.73K223.41K39.85K21.79K112K246K195K143K160K
Days Sales Outstanding----------
Inventory000001190000
Days Inventory Outstanding-----0.25----
Other Current Assets0000000000
Total Non-Current Assets3.87M10.96M34.75M65.61M86.37M118.93M153.26M188.42M208.27M214.17M
Property, Plant & Equipment3.87M10.96M34.6M65.38M86.17M118.73M152.95M188.14M203.73M601K
Fixed Asset Turnover---------0.00x
Goodwill0000000000
Intangible Assets0000000000
Long-Term Investments100232.02K199.7K193.92K307K276K4.54M5.38M
Other Non-Current Assets00148.47K-4641561.08K000213.28M
Total Assets
9.59M▲ 0%
70.2M▲ 632.0%
69.01M▼ 1.7%
91.95M▲ 33.2%
149.06M▲ 62.1%
213.25M▲ 43.1%
206.32M▼ 3.2%
224.47M▲ 8.8%
233.54M▲ 4.0%
232.54M▲ 0%
Asset Turnover---------0.00x
Asset Growth %2097.93%632.01%-1.69%33.23%62.11%43.06%-3.25%8.8%4.04%27.64%
Total Current Liabilities173.55K1.05M2.02M2.31M5.45M9.46M8.84M6.21M2.98M2.14M
Accounts Payable116.75K832.9K1.56M1.07M4.1M7.88M6.8M4.06M2.07M962K
Days Payables Outstanding--72.53K11.42K34.62K16.52K47.98K5.67K2.73K1.55K
Short-Term Debt0000188.44K0134K1.2M0151K
Deferred Revenue (Current)0000000000
Other Current Liabilities00117.66K186.21K970.88K497K234K487K462K724K
Current Ratio32.96x56.58x16.95x11.38x11.50x9.97x6.00x5.80x8.49x8.49x
Quick Ratio32.96x56.58x16.95x11.38x11.50x9.97x6.00x5.80x8.49x8.49x
Cash Conversion Cycle----------
Total Non-Current Liabilities000277.6K59.35K87K78K42K267K184K
Long-Term Debt0000000000
Capital Lease Obligations00087.95K59.35K87K78K42K267K522K
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities000189.65K000000
Total Liabilities173.55K1.05M2.02M2.59M5.51M9.55M8.92M6.25M3.24M2.32M
Total Debt000228.81K247.94K255K212K1.28M373K335K
Net Debt-5.69M-59.16M-34.04M-26.07M-62.17M-93.92M-52.5M-34.43M-24.69M-17.53M
Debt / Equity---0.00x0.00x0.00x0.00x0.01x0.00x0.00x
Debt / EBITDA----------0.03x
Net Debt / EBITDA---------1.82x
Interest Coverage-957.11x--756.22x-296.91x-278.35x-2398.20x-596.70x-835.87x-0.58x-192.86x
Total Equity
9.42M▲ 0%
69.15M▲ 634.4%
66.99M▼ 3.1%
89.36M▲ 33.4%
143.55M▲ 60.6%
203.7M▲ 41.9%
197.4M▼ 3.1%
218.22M▲ 10.5%
230.3M▲ 5.5%
230.22M▲ 0%
Equity Growth %5771.08%634.38%-3.13%33.39%60.64%41.9%-3.09%10.55%5.53%32.71%
Book Value per Share0.362.281.822.243.284.043.764.0797.683.81
Total Shareholders' Equity9.42M69.15M66.99M89.36M143.55M203.7M197.4M218.22M230.3M230.22M
Common Stock24.9M82.61M79.15M105.33M173.36M254.27M255.36M281.67M302.65M309.5M
Retained Earnings-19.6M-19.61M-19.35M-22.73M-32.61M-46.14M-52.53M-60.35M-69.91M-73.98M
Treasury Stock0000000000
Accumulated OCI4.12M6.16M7.2M6.76M2.8M-4.44M-5.44M-3.1M-2.45M-5.3M
Minority Interest0000000000

IONR Cash Flow Statement

ioneer Ltd (IONR) cash flow — operating, investing & free cash flow history

Line itemJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Cash from Operations-1.78M-1.65K-3.45M-4.65M-4.85M-9.35M-8.07M-7.2M-6.8M-6.8M
Operating CF Margin %----------
Operating CF Growth %-351.35%99.91%-208604.32%-34.98%-4.17%-92.76%13.65%10.79%5.46%33.28%
Net Income0-1.85K0-3.65M-7.7M-9.13M-6.39M-7.85M0-11.94M
Depreciation & Amortization08900125.97K173K51.77K260.95K0177.37K
Stock-Based Compensation0205001.8M0000985
Deferred Taxes0000000000
Other Non-Cash Items0-480-1M1.1M-1.53M-1.5M394.84K-6.97M-1.16M
Working Capital Changes0-5200-172.47K1.14M-226K-110161K214.02K
Change in Receivables0-5200-172.47K118.21K-96K0127K-409.77K
Change in Inventory0000000000
Change in Payables000001.02M000782.11K
Cash from Investing-2.28M-4.92K-21.29M-30.48M-17.67M-28.39M-32.47M-35.38M-13.83M-14.82M
Capital Expenditures-2.99M-5.21K-33.62K-30.99M-5K-25.03M-601K-36.64K0-993.88K
CapEx % of Revenue----------
Acquisitions15.37K000000000
Investments----------
Other Investing-2.3M293-21.26M513.28K-17.66M-3.36M-31.87M-35.35M-13.83M-13.83M
Cash from Financing9.07M60.69K394.29K26.58M58.69M75.39M-225K25.49M10.2M3.15M
Debt Issued (Net)0000-80.23K-162K-213K1.07M-1.34M1.06M
Equity Issued (Net)1000K0481.83K1000K1000K1000K-11.95K1000K1000K0
Dividends Paid0000000000
Share Repurchases-458.59K0-125K-1.8M000000
Other Financing-352.4K60.69K-87.54K-909.75K-2.7M3.76M-54-725K-4.87M-602.76K
Net Change in Cash
5.42M▲ 0%
53.92K▼ 99.0%
-22.37M▼ 41581.0%
-7.1M▲ 68.2%
36.21M▲ 609.9%
31.7M▼ 12.5%
-41.47M▼ 230.8%
-16.99M▲ 59.0%
-10.66M▲ 37.3%
-40.97M▲ 0%
Free Cash Flow
-4.77M▲ 0%
-6.86K▲ 99.9%
-3.48M▼ 50649.1%
-35.64M▼ 923.8%
-4.85M▲ 86.4%
-34.38M▼ 608.4%
-8.67M▲ 74.8%
-43.84M▼ 405.6%
-6.8M▲ 84.5%
-12.31M▲ 0%
FCF Margin %----------
FCF Growth %-382.84%99.86%-50646.57%-923.84%86.38%-608.36%74.78%-405.59%84.48%76.29%
FCF per Share-0.18-0.00-0.09-0.89-0.11-0.68-0.17-0.82-2.89-2.89
FCF Conversion (FCF/Net Income)0.15x0.00x5.12x1.27x0.63x1.02x1.27x0.92x712.27x1.03x
Interest Paid0000000000
Taxes Paid0000000000

IONR Key Ratios

ioneer Ltd (IONR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)-252.42%-4.92%-0.99%-4.67%-6.61%-5.26%-3.17%-3.78%-0%-5.33%
Return on Invested Capital (ROIC)-304.9%-28.73%-12.95%-8.69%-6.89%-9.41%-3.51%-4.21%-0%-0%
Debt / Equity---0.00x0.00x0.00x0.00x0.01x0.00x0.00x
Interest Coverage-957.11x--756.22x-296.91x-278.35x-2398.20x-596.70x-835.87x-0.58x-192.86x
FCF Conversion0.15x0.00x5.12x1.27x0.63x1.02x1.27x0.92x712.27x1.03x

IONR Frequently Asked Questions

ioneer Ltd (IONR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

ioneer Ltd (IONR) grew revenue by 0.0% over the past year. Growth has been modest.

ioneer Ltd (IONR) reported a net loss of $11.9M for fiscal year 2025.

Dividend & Returns

ioneer Ltd (IONR) has a return on equity (ROE) of -0.0%. Negative ROE indicates the company is unprofitable.

ioneer Ltd (IONR) had negative free cash flow of $12.3M in fiscal year 2025, likely due to heavy capital investments.

Explore More IONR

ioneer Ltd (IONR) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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