Nova Minerals Limited (NVAWW) 10-Year Financial Performance & Capital Metrics

NVAWW • • Industrial / General

Basic MaterialsGoldDevelopment-Stage Gold CompaniesEarly-Stage Development

AboutNova Minerals Limited is primarily engaged in the development and production of gold through three main projects: Estelle Gold Project located in Alaska Korbel Gold Project RPM Gold Project. Additionally the company holds a controlling stake in the Snow Lake Lithium project based in Canada.Show more

Revenue $0
EBITDA -$10M -124.3%
Net Income -$11M -133.1%
EPS (Diluted) 0.00
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -10.55% -123.9%
ROIC -9.17% -118.4%
Debt/Equity 0.06
Interest Coverage -31.27

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 98 (top 2%)

✗Weaknesses

✗Low quality earnings: Net income not backed by cash flow
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-

EPS CAGR

10Y-

5Y-

3Y-

TTM-

ROCE

10Y Avg1.44%

5Y Avg1.44%

3Y Avg9.81%

Latest-10.07%

Peer Comparison

Early-Stage Development

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TRXTRX Gold Corporation	286.96M	1.00	416.67	39.98%	1.19%	0.92%	0.9%	0.04
GOROGold Resource Corporation	200.59M	1.24	-2.03	-33.76%	-63.3%	-149.11%
PZGParamount Gold Nevada Corp.	105M	1.34	-10.31			-10%		0.35
NVAWWNova Minerals Limited		42.99				-18.27%		0.06

Profit & Loss

	Jun 2020	Jun 2021	Jun 2022	Jun 2023
Sales/Revenue+	0	0	0	0
Revenue Growth %	-	-	-	-
Cost of Goods Sold+	0	0	0	0
COGS % of Revenue	-	-	-	-
Gross Profit+	0	0	0	0
Gross Margin %	-	-	-	-
Gross Profit Growth %	-	-	-	-
Operating Expenses+	4.47M	4.11M	5.44M	5.63M
OpEx % of Revenue	-	-	-	-
Selling, General & Admin	3.93M	3.8M	4.18M	3.5M
SG&A % of Revenue	-	-	-	-
Research & Development	0	0	0	0
R&D % of Revenue	-	-	-	-
Other Operating Expenses	539K	304K	1.26M	2.12M
Operating Income+	-4.27M	-4.11M	40.12M	-11.23M
Operating Margin %	-	-	-	-
Operating Income Growth %	-	0.04%	10.77%	-1.28%
EBITDA+	-4.18M	-3.9M	40.47M	-9.84M
EBITDA Margin %	-	-	-	-
EBITDA Growth %	-	0.07%	11.38%	-1.24%
D&A (Non-Cash Add-back)	90.58K	205.74K	350.87K	1.39M
EBIT	-4.27M	-4.11M	40.12M	-16.92M
Net Interest Income+	99.96K	2.15K	20K	-347K
Interest Income	104.66K	2.15K	20K	12.03K
Interest Expense	4.71K	0	0	359.03K
Other Income/Expense	-4.71K	657K	-5.71M	-343K
Pretax Income+	-4.28M	-3.45M	34.4M	-11.57M
Pretax Margin %	-	-	-	-
Income Tax+	-81.61K	-321K	45.05M	-87.15K
Effective Tax Rate %	0.98%	0.91%	1.01%	0.99%
Net Income+	-4.2M	-3.13M	34.69M	-11.48M
Net Margin %	-	-	-	-
Net Income Growth %	-	0.25%	12.09%	-1.33%
Net Income (Continuing)	-4.2M	-3.13M	34.69M	-11.48M
Discontinued Operations	0	0	0	0
Minority Interest	2.53M	5.8M	7.58M	7.79M
EPS (Diluted)+	0.00	0.00	0.00	0.00
EPS Growth %	-	-	-	-
EPS (Basic)	0.00	0.00	0.00	0.00
Diluted Shares Outstanding	0	0	0	0
Basic Shares Outstanding	0	0	0	0
Dividend Payout Ratio	-	-	-	-

Balance Sheet

	Jun 2020	Jun 2021	Jun 2022	Jun 2023
Total Current Assets+	5.01M	15.71M	21.52M	19.74M
Cash & Short-Term Investments	4.61M	15.52M	21.28M	19.24M
Cash Only	4.2M	15.52M	21.28M	19.24M
Short-Term Investments	413.32K	0	0	0
Accounts Receivable	383.7K	42.24K	177.91K	277.83K
Days Sales Outstanding	-	-	-	-
Inventory	0	0	0	0
Days Inventory Outstanding	-	-	-	-
Other Current Assets	0	0	0	0
Total Non-Current Assets+	16.32M	41.16M	86.81M	102.6M
Property, Plant & Equipment	16.29M	38.21M	59.82M	84.1M
Fixed Asset Turnover	-	-	-	-
Goodwill	0	0	0	0
Intangible Assets	0	0	0	0
Long-Term Investments	30.72K	2.94M	26.99M	18.51M
Other Non-Current Assets	0	0	0	0
Total Assets+	21.33M	56.87M	108.33M	122.34M
Asset Turnover	-	-	-	-
Asset Growth %	-	1.67%	0.9%	0.13%
Total Current Liabilities+	3.3M	4.29M	4M	3.59M
Accounts Payable	1.98M	3.42M	4M	2.41M
Days Payables Outstanding	-	-	-	-
Short-Term Debt	0	862.37K	0	1.18M
Deferred Revenue (Current)	0	0	0	0
Other Current Liabilities	1.31M	0	0	0
Current Ratio	1.52x	3.66x	5.38x	5.49x
Quick Ratio	1.52x	3.66x	5.38x	5.49x
Cash Conversion Cycle	-	-	-	-
Total Non-Current Liabilities+	0	0	0	5.35M
Long-Term Debt	0	0	0	5.35M
Capital Lease Obligations	0	0	0	0
Deferred Tax Liabilities	0	0	0	0
Other Non-Current Liabilities	0	0	0	0
Total Liabilities	3.3M	4.29M	4M	8.95M
Total Debt+	0	862.37K	0	6.53M
Net Debt	-4.2M	-14.65M	-21.28M	-12.71M
Debt / Equity	-	0.02x	-	0.06x
Debt / EBITDA	-	-	-	-
Net Debt / EBITDA	-	-	-0.53x	-
Interest Coverage	-907.97x	-	-	-31.27x
Total Equity+	18.04M	52.58M	104.33M	113.39M
Equity Growth %	-	1.92%	0.98%	0.09%
Book Value per Share	-	-	-	-
Total Shareholders' Equity	15.51M	46.78M	96.75M	105.6M
Common Stock	78.4M	114.92M	125.71M	142.99M
Retained Earnings	-67.39M	-74.06M	-38.5M	-49.99M
Treasury Stock	0	0	0	0
Accumulated OCI	4.49M	5.92M	9.54M	12.6M
Minority Interest	2.53M	5.8M	7.58M	7.79M

Cash Flow

	Jun 2020	Jun 2021	Jun 2022	Jun 2023
Cash from Operations+	0	-2.14M	-2.86M	-3.08M
Operating CF Margin %	-	-	-	-
Operating CF Growth %	-	-	-0.34%	-0.08%
Net Income	0	-3.13M	34.4M	-11.48M
Depreciation & Amortization	0	0	346.83K	456.9K
Stock-Based Compensation	0	0	0	780.24K
Deferred Taxes	0	0	0	0
Other Non-Cash Items	0	989.66K	-38.14M	6.9M
Working Capital Changes	0	0	537.04K	267.08K
Change in Receivables	0	0	-47.47K	-96.58K
Change in Inventory	0	0	0	0
Change in Payables	0	0	0	0
Cash from Investing+	-5.42M	-21.06M	-3.96M	-24.14M
Capital Expenditures	-5M	-21.04M	-25.86M	-23.86M
CapEx % of Revenue	-	-	-	-
Acquisitions	-	-	-	-
Investments	-	-	-	-
Other Investing	0	-219.05K	266.44K	-7.69K
Cash from Financing+	10.85M	34.88M	11.15M	25.16M
Debt Issued (Net)	-	-	-	-
Equity Issued (Net)	-	-	-	-
Dividends Paid	0	0	0	0
Share Repurchases	-	-	-	-
Other Financing	0	805K	0	7.45M
Net Change in Cash	-	-	-	-
Free Cash Flow+	-5M	-21.04M	-25.86M	-23.86M
FCF Margin %	-	-	-	-
FCF Growth %	-	-3.21%	-0.23%	0.08%
FCF per Share	-	-	-	-
FCF Conversion (FCF/Net Income)	-	0.68x	-0.08x	0.27x
Interest Paid	0	0	0	0
Taxes Paid	0	0	0	0

Key Ratios

Metric	2020	2021	2022	2023
Return on Equity (ROE)	-23.26%	-8.86%	44.21%	-10.55%
Return on Invested Capital (ROIC)	-23.15%	-11.9%	49.74%	-9.17%
Debt / Equity	-	0.02x	-	0.06x
Interest Coverage	-907.97x	-	-	-31.27x
FCF Conversion	-	0.68x	-0.08x	0.27x

Frequently Asked Questions

Growth & Financials

Nova Minerals Limited (NVAWW) grew revenue by 0.0% over the past year. Growth has been modest.

Nova Minerals Limited (NVAWW) reported a net loss of $20.1M for fiscal year 2023.

Dividend & Returns

Nova Minerals Limited (NVAWW) has a return on equity (ROE) of -10.5%. Negative ROE indicates the company is unprofitable.

Nova Minerals Limited (NVAWW) had negative free cash flow of $13.4M in fiscal year 2023, likely due to heavy capital investments.

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