IperionX Limited (IPX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
IperionX Limited (IPX) stock price & volume — 10-year historical chart
IperionX Limited (IPX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
IperionX Limited (IPX) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 12, 2026 | $0.10vs $0.04-150.0% | —vs $4M |
| Q4 2025 | Oct 3, 2025 | $1.20vs $0.05-2298.9% | —vs $1M |
| Q4 2025 | Sep 30, 2025 | $1.20vs $0.05-2298.9% | —vs $1M |
| Q2 2025 | Mar 13, 2025 | $0.00vs $0.09+99.3% | — |
IperionX Limited (IPX) competitors in Specialty and Advanced Materials — business model, growth, and fundamentals comparison
IperionX Limited (IPX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
IperionX Limited (IPX) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 0 | 0 | 0 | 22.73K | 9.38K | 152.9K | 634.11K | 648.22K | 2.27M | 2.63M |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0▲ 0% | 0▲ 0% | 0▲ 0% | -22.73K▲ 0% | -9.38K▲ 58.7% | -152.9K▼ 1529.4% | -634.11K▼ 314.7% | -648.22K▼ 2.2% | -2.27M▼ 250.9% | -4.58M▲ 0% |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | - | - | - | - | 58.72% | -1529.41% | -314.71% | -2.22% | -250.87% | - |
| Operating Expenses | 73.55K | 711.26K | 398.37K | 381.53K | 8.11M | 21.87M | 25.62M | 22.36M | 38.28M | 51.41M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 73.55K | 711.26K | 398.37K | 365.91K | 8.11M | 11.4M | 17.3M | 13.49M | 25.53M | 50.44M |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 180.19K | 1.08M | 8.33M | 8.87M | 12.75M | 23.56M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 15.62K | -180.19K | 9.39M | 0 | 0 | 0 | 0 |
| Operating Income | -73.56K▲ 0% | -711.26K▼ 867.0% | -398.37K▲ 44.0% | -352.96K▲ 11.4% | -8.12M▼ 2199.8% | -21.85M▼ 169.2% | -17.66M▲ 19.2% | -22.46M▼ 27.2% | -39.27M▼ 74.9% | -75.88M▲ 0% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | - | -866.97% | 43.99% | 11.4% | -2199.79% | -169.21% | 19.18% | -27.15% | -74.87% | - |
| EBITDA | -33.35K | -592.64K | -278.23K | -330.23K | -8.12M | -21.7M | -17.24M | -22.33M | -37.79M | -72.44M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | - | -1676.77% | 53.05% | -18.69% | -2357.79% | -167.36% | 20.57% | -29.58% | -69.21% | -609.23% |
| D&A (Non-Cash Add-back) | 40.2K | 118.61K | 120.14K | 22.73K | 1.05K | 153.43K | 426.53K | 124.75K | 1.48M | 3.44M |
| EBIT | -96.09K | -1.31M | -769.63K | -741.34K | -8.12M | -21.87M | -17.58M | -22.62M | -39.27M | -75.95M |
| Net Interest Income | 0 | 0 | 0 | 11.98K | -2.42K | -21.5K | 76.65K | 645.97K | 1.89M | 3.37M |
| Interest Income | 0 | 1.62K | 21.58K | 15.18K | 5.09K | 24.04K | 207.68K | 555.59K | 2.2M | 3.73M |
| Interest Expense | 0 | 0 | 0 | 3.2K | 7.52K | 45.54K | 131.03K | -90.38K | 305.73K | 366.8K |
| Other Income/Expense | 2 | 2.21K | -139.64K | 38.28K | -5.16M | 348.77K | 216.8K | 773.62K | 3.92M | 1.46M |
| Pretax Income | -73.55K▲ 0% | -709.63K▼ 864.8% | -376.79K▲ 46.9% | -355.23K▲ 5.7% | -13.28M▼ 3638.4% | -21.52M▼ 62.1% | -17.44M▲ 18.9% | -21.84M▼ 25.2% | -35.35M▼ 61.8% | -53.97M▲ 0% |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - |
| Income Tax | -40.2K | -118.61K | -120.14K | 20.06K | 0 | 0 | 0 | -382.42K | 0 | 0 |
| Effective Tax Rate % | 54.65% | 16.71% | 31.88% | -5.65% | 0% | 0% | 0% | 1.75% | 0% | 0% |
| Net Income | -73.55K▲ 0% | -709.63K▼ 864.8% | -376.79K▲ 46.9% | -355.23K▲ 5.7% | -13.28M▼ 3638.4% | -21.52M▼ 62.1% | -17.44M▲ 18.9% | -22.23M▼ 27.4% | -35.35M▼ 59.0% | -70.18M▲ 0% |
| Net Margin % | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | - | -864.8% | 46.9% | 5.72% | -3638.39% | -62.06% | 18.94% | -27.41% | -59.04% | -360756.73% |
| Net Income (Continuing) | -96.09K | -1.31M | -769.63K | -746.12K | -13.28M | -21.52M | -17.44M | -21.84M | -35.35M | -70.18M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.00▲ 0% | -0.05▼ 1690.0% | -0.03▲ 46.6% | -0.03▲ 5.9% | -0.75▼ 2677.8% | -1.60▼ 113.3% | -1.50▲ 6.3% | -1.00▲ 33.3% | -1.20▼ 20.0% | -20.87▲ 0% |
| EPS Growth % | - | - | 46.55% | 5.92% | -2677.78% | -113.33% | 6.25% | 33.33% | -20% | - |
| EPS (Basic) | -0.00 | -0.05 | -0.03 | -0.03 | -0.75 | -1.60 | -1.50 | -1.00 | -1.20 | - |
| Diluted Shares Outstanding | 23.75M | 13.2M | 13.2M | 13.2M | 13.2M | 13.46M | 16.8M | 21.78M | 29.46M | 3.36M |
| Basic Shares Outstanding | 23.75M | 13.2M | 13.2M | 13.2M | 13.2M | 13.46M | 16.8M | 21.78M | 29.46M | 3.36M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
IperionX Limited (IPX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2.3K | 2.77M | 1.76M | 1.18M | 1.75M | 5.84M | 12.75M | 41.55M | 58.88M | 69.57M |
| Cash & Short-Term Investments | 0 | 2.69M | 1.73M | 1.14M | 1.7M | 5.67M | 11.94M | 33.16M | 54.81M | 65.83M |
| Cash Only | 0 | 2.69M | 1.73M | 1.14M | 1.7M | 5.67M | 11.94M | 33.16M | 54.81M | 65.83M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 2.3K | 68.11K | 10.62K | 29.22K | 341 | 22.54K | 228.4K | 2.3M | 823.27K | 1.15M |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.92K | 0 | 425.71K |
| Days Inventory Outstanding | - | - | - | - | - | - | - | 9.53 | - | 15.37 |
| Other Current Assets | 0 | 0 | 0 | 35 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 11.51K | 425.64K | 758.7K | 864.55K | 1.04M | 4.07M | 10.05M | 13.89M | 46.16M | 59.58M |
| Property, Plant & Equipment | 0 | 0 | 0 | 21.2K | 539.62K | 1.39M | 3.99M | 7.77M | 25.2M | 35.94M |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | 0.00x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.55M | 12.91M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 250K | 0 | 0 | 0 | 445.04K |
| Other Non-Current Assets | 11.51K | 425.64K | 758.7K | 843.34K | 504.75K | 2.43M | 6.06M | 6.11M | 7.41M | 30.79M |
| Total Assets | 13.81K▲ 0% | 3.2M▲ 23056.9% | 2.51M▼ 21.4% | 2.05M▼ 18.6% | 2.79M▲ 36.4% | 9.91M▲ 254.9% | 22.8M▲ 130.1% | 55.44M▲ 143.1% | 105.03M▲ 89.5% | 129.16M▲ 0% |
| Asset Turnover | - | - | - | - | - | - | - | - | - | 0.00x |
| Asset Growth % | - | 23056.92% | -21.37% | -18.6% | 36.42% | 254.93% | 130.14% | 143.1% | 89.47% | 484.32% |
| Total Current Liabilities | 85.21K | 188.57K | 47.93K | 65.11K | 637.01K | 2.08M | 1.65M | 3.05M | 8.43M | 17.27M |
| Accounts Payable | 0 | 108.67K | 2.25K | 3.82K | 286.85K | 1.68M | 711.01K | 1.31M | 6M | 5.2M |
| Days Payables Outstanding | - | - | - | 61.35 | 11.16K | 4.01K | 409.26 | 737.11 | 963.55 | 485.33 |
| Short-Term Debt | 50.84K | 0 | 0 | 17.87K | 81.1K | 134.25K | 382.63K | 445.75K | 472.02K | 1.11M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 34.37K | 53.62K | 25.66K | 22.26K | 185.93K | 114.19K | 162.59K | 107.74K | 1.95M | 7.99M |
| Current Ratio | 0.03x | 14.70x | 36.62x | 18.15x | 2.74x | 2.81x | 7.74x | 13.62x | 6.99x | 6.99x |
| Quick Ratio | 0.03x | 14.70x | 36.62x | 18.15x | 2.74x | 2.81x | 7.74x | 13.61x | 6.99x | 6.99x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | -469.96 |
| Total Non-Current Liabilities | 0 | 0 | 0 | 0 | 394.55K | 408.78K | 592.69K | 1.04M | 4.16M | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 394.55K | 30.86K | 24.89K | 18.52K | 12.3K | 9.39K |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 394.55K | 377.92K | 567.8K | 1.03M | 3.45M | 11.42M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | -394.55K | 0 | 0 | 0 | 700K | -2.65M |
| Total Liabilities | 85.21K | 188.57K | 47.93K | 65.11K | 1.03M | 2.49M | 2.24M | 4.1M | 12.59M | 0 |
| Total Debt | 50.84K | 0 | 0 | 17.87K | 475.65K | 543.03K | 975.31K | 1.49M | 3.93M | 4.46M |
| Net Debt | 50.84K | -2.69M | -1.73M | -1.12M | -1.22M | -5.13M | -10.96M | -31.67M | -50.88M | -61.37M |
| Debt / Equity | - | - | - | 0.01x | 0.27x | 0.07x | 0.05x | 0.03x | 0.04x | 0.04x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.06x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 0.85x |
| Interest Coverage | - | - | - | -110.26x | -1079.57x | -479.85x | -134.79x | - | -128.45x | -207.07x |
| Total Equity | -71.4K▲ 0% | 3.01M▲ 4313.4% | 2.47M▼ 18.0% | 1.98M▼ 19.7% | 1.76M▼ 11.2% | 7.42M▲ 321.5% | 20.56M▲ 177.1% | 51.34M▲ 149.7% | 92.44M▲ 80.1% | 108.2M▲ 0% |
| Equity Growth % | - | 4313.43% | -18.03% | -19.66% | -11.16% | 321.55% | 177.14% | 149.67% | 80.06% | 482.01% |
| Book Value per Share | -0.00 | 0.23 | 0.19 | 0.15 | 0.13 | 0.55 | 1.22 | 2.36 | 3.14 | 32.17 |
| Total Shareholders' Equity | -71.4K | 3.01M | 2.47M | 1.98M | 1.76M | 7.42M | 20.56M | 51.34M | 92.44M | 108.2M |
| Common Stock | 2.3K | 3.33M | 3.18M | 3.15M | 10.26M | 29.78M | 58.76M | 112.96M | 197.99M | 243.33M |
| Retained Earnings | -73.7K | -1.04M | -1.53M | -2.01M | -13.23M | -34.75M | -52.2M | -73.88M | -109.23M | -144M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 719.79K | 817.11K | 842.83K | 4.74M | 12.39M | 14M | 12.26M | 3.69M | 8.87M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
IperionX Limited (IPX) cash flow — operating, investing & free cash flow history
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 0 | -226 | -503 | -311 | -3.56M | -12.13M | -15.86M | -18.61M | -21.8M | -21.8M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | - | - | -122.24% | 38.13% | -1143959.49% | -241.03% | -30.74% | -17.29% | -17.15% | -114641.19% |
| Net Income | -443 | -971 | -540 | -356 | -13.23M | -21.52M | -17.44M | -21.84K | -35.35M | -70.18M |
| Depreciation & Amortization | 0 | 0 | 0 | 16 | 9.32K | 153.43K | 426.53K | 648.22K | 2.28M | 2.28M |
| Stock-Based Compensation | 0 | 578 | 23 | 43 | 4.08M | 8.34M | 2.59M | 0 | 9.57M | 9.57M |
| Deferred Taxes | 0 | 0 | 0 | -30 | 0 | -377K | -105.92K | 0 | 0 | 0 |
| Other Non-Cash Items | 443 | 237 | -40 | 29 | 5.14M | -2.11K | 1.15K | -19.23M | 582.56K | -13.08M |
| Working Capital Changes | 0 | -69 | 54 | -13 | 437.6K | 1.27M | -1.33M | -2.07K | 1.12M | 1.12M |
| Change in Receivables | 0 | -66 | 54 | -13 | -34.41K | -98.8K | -650.07K | 0 | 1.12M | 1.12M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 0 | -15.72K | -419.87K | -61.98K | 1.76M | -3.07M | -5.71M | -6.53M | -24.28M | -32.53M |
| Capital Expenditures | 0 | -16 | -421 | -3.06K | -66.82K | -1.93M | -2.71M | -8.07M | -17.61M | -22.95M |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | -63 | 0 | 0 | 2.34M | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -15.72K | -419.45K | -58.93K | -513.38K | -889.99K | -3M | 2.04M | -6.67M | -9.59M |
| Cash from Financing | 0 | -329.63K | 100 | -17.14K | 3.5M | 19.39M | 27.89M | 46.59M | 67.99M | 97.45M |
| Debt Issued (Net) | 0 | -183.65K | 0 | 0 | -6.47K | -42.32K | -518.25K | -423.84K | -517.58K | -982.47K |
| Equity Issued (Net) | 0 | 0 | 107.68K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 2M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 186.65K | -107.58K | -17.14K | -85.47K | -430.81K | -1.51M | -172.35K | 116.47K | 245.13K |
| Net Change in Cash | 0▲ 0% | -345.57K▲ 0% | -422.56K▼ 22.3% | -388.95K▲ 8.0% | 1.7M▲ 537.2% | 3.97M▲ 133.8% | 6.27M▲ 57.6% | 21.22M▲ 238.7% | 21.66M▲ 2.1% | 29.34M▲ 0% |
| Free Cash Flow | 0▲ 0% | -242▲ 0% | -924▼ 281.8% | -3.37K▼ 264.6% | -3.62M▼ 107494.0% | -14.06M▼ 287.9% | -18.57M▼ 32.1% | -26.68M▼ 43.7% | -39.41M▼ 47.7% | -54.7M▲ 0% |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | - | - | -281.61% | -264.81% | -107487.65% | -287.89% | -32.07% | -43.66% | -47.71% | -862.51% |
| FCF per Share | - | -0.00 | -0.00 | -0.00 | -0.27 | -1.04 | -1.11 | -1.22 | -1.34 | -1.34 |
| FCF Conversion (FCF/Net Income) | - | 0.00x | 0.00x | 0.00x | 0.27x | 0.56x | 0.91x | 0.84x | 0.62x | 0.78x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
IperionX Limited (IPX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -48.32% | -13.77% | -15.98% | -709.89% | -468.88% | -124.68% | -61.82% | -49.17% | -78.52% |
| Return on Invested Capital (ROIC) | -356.79% | -56.64% | -33.11% | -868.76% | -1159.06% | -222.8% | -115.07% | -96.2% | -96.2% |
| Debt / Equity | - | - | 0.01x | 0.27x | 0.07x | 0.05x | 0.03x | 0.04x | 0.04x |
| Interest Coverage | - | - | -110.26x | -1079.57x | -479.85x | -134.79x | - | -128.45x | -207.07x |
| FCF Conversion | 0.00x | 0.00x | 0.00x | 0.27x | 0.56x | 0.91x | 0.84x | 0.62x | 0.78x |
IperionX Limited (IPX) stock FAQ — growth, dividends, profitability & financials explained
IperionX Limited (IPX) grew revenue by 0.0% over the past year. Growth has been modest.
IperionX Limited (IPX) reported a net loss of $70.2M for fiscal year 2025.
IperionX Limited (IPX) has a return on equity (ROE) of -49.2%. Negative ROE indicates the company is unprofitable.
IperionX Limited (IPX) had negative free cash flow of $54.7M in fiscal year 2025, likely due to heavy capital investments.
IperionX Limited (IPX) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates