Nova Minerals Limited(NVAWW)Earnings, Financials & Key Ratios
NVAWW•NASDAQ
Price updated Jun 16, 2026
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
- ROE-10.55%-123.9%
NVAWW Key Insights
Nova Minerals Limited (NVAWW) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Momentum leader: RS Rating 81 (top 19%)
✗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
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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NVAWW Price & Volume
Nova Minerals Limited (NVAWW) stock price & volume — 10-year historical chart
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NVAWW Growth Metrics
Nova Minerals Limited (NVAWW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
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5 Years-
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Profit CAGR
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EPS CAGR
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Return on Capital
10 Years1.44%
5 Years1.44%
3 Years9.81%
Last Year-10.07%
NVAWW Peer Comparison
Nova Minerals Limited (NVAWW) competitors in Gold SPACs and warrants — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 NEM | 115B | 103.79 | 16.19 | 19.08% | 30.54% | 15.58% | 0.01 | |
 AEM | 83.49B | 166.66 | 18.81 | 43.71% | 37.48% | 19.25% | 0.01 | |
 KGC | 31.94B | 26.67 | 13.40 | 39.34% | 36.04% | 33.95% | 0.09 | |
 CDE | 11.4B | 17.51 | 19.46 | 96.41% | 31.15% | 15.17% | 0.11 | |
 HL | 10.7B | 15.96 | 32.57 | 53.03% | 35.55% | 22.55% | 0.12 | |
 EXK | 2.55B | 8.61 | -20.02 | 115.25% | -3.48% | -3.75% | 0.42 | |
 USAS | 1.43B | 5.36 | -16.24 | 17.71% | -36.33% | -41.36% | 0.21 | |
 MUX | 1.16B | 19.38 | 32.85 | 13.23% | 31.4% | 13.65% | 0.00 |
Compare NVAWW vs Peers
Nova Minerals Limited (NVAWW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NVAWW Income Statement
Nova Minerals Limited (NVAWW) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Jun'20 | Jun'21 | Jun'22 | Jun'23 | TTM |
|---|---|---|---|---|---|
Sales/Revenue | 0 | 0 | 0 | 0 | 0 |
Revenue Growth % | - | - | - | - | - |
Cost of Goods Sold | 0 | 0 | 0 | 0 | 783.95K |
COGS % of Revenue | - | - | - | - | - |
Gross Profit | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | -783.95K▲ 0% |
Gross Margin % | - | - | - | - | - |
Gross Profit Growth % | - | - | - | - | - |
Operating Expenses | 4.47M | 4.11M | 5.44M | 5.63M | 7.61M |
OpEx % of Revenue | - | - | - | - | - |
Selling, General & Admin | 3.93M | 3.8M | 4.18M | 3.5M | 7.61M |
SG&A % of Revenue | - | - | - | - | - |
Research & Development | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - |
Other Operating Expenses | 539K | 304K | 1.26M | 2.12M | 0 |
Operating Income | -4.27M▲ 0% | -4.11M▲ 3.9% | 40.12M▲ 1077.1% | -11.23M▼ 128.0% | -8.39M▲ 0% |
Operating Margin % | - | - | - | - | - |
Operating Income Growth % | - | 3.89% | 1077.06% | -127.99% | - |
EBITDA | -4.18M | -3.9M | 40.47M | -9.84M | -7.61M |
EBITDA Margin % | - | - | - | - | - |
EBITDA Growth % | - | 6.72% | 1137.59% | -124.32% | - |
D&A (Non-Cash Add-back) | 90.58K | 205.74K | 350.87K | 1.39M | 783.95K |
EBIT | -4.27M | -4.11M | 40.12M | -16.92M | -18.34M |
Net Interest Income | 99.96K | 2.15K | 20K | -347K | -953.87K |
Interest Income | 104.66K | 2.15K | 20K | 12.03K | 329.19K |
Interest Expense | 4.71K | 0 | 0 | 359.03K | 1.28M |
Other Income/Expense | -4.71K | 657K | -5.71M | -343K | -11.81M |
Pretax Income | -4.28M▲ 0% | -3.45M▲ 19.4% | 34.4M▲ 1097.5% | -11.57M▼ 133.6% | -20.2M▲ 0% |
Pretax Margin % | - | - | - | - | - |
Income Tax | -81.61K | -321K | 45.05M | -87.15K | 0 |
Effective Tax Rate % | 1.91% | 9.31% | 130.94% | 0.75% | 0% |
Net Income | -4.2M▲ 0% | -3.13M▲ 25.4% | 34.69M▲ 1208.9% | -11.48M▼ 133.1% | -20.07M▲ 0% |
Net Margin % | - | - | - | - | - |
Net Income Growth % | - | 25.44% | 1208.86% | -133.11% | - |
Net Income (Continuing) | -4.2M | -3.13M | 34.69M | -11.48M | -20.2M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 2.53M | 5.8M | 7.58M | 7.79M | 7.69M |
EPS (Diluted) | 0.00▲ 0% | 0.00▲ 0% | 0.00▲ 0% | 0.00▲ 0% | -0.06▲ 0% |
EPS Growth % | - | - | - | - | - |
EPS (Basic) | 0.00 | 0.00 | 0.00 | 0.00 | - |
Diluted Shares Outstanding | 0 | 0 | 0 | 0 | 318.77M |
Basic Shares Outstanding | 0 | 0 | 0 | 0 | 318.78M |
Dividend Payout Ratio | - | - | - | - | - |
NVAWW Balance Sheet
Nova Minerals Limited (NVAWW) balance sheet — assets, liabilities & shareholders' equity
| Metric | Jun'20 | Jun'21 | Jun'22 | Jun'23 | TTM |
|---|---|---|---|---|---|
Total Current Assets | 5.01M | 15.71M | 21.52M | 19.74M | 9.37M |
Cash & Short-Term Investments | 4.61M | 15.52M | 21.28M | 19.24M | 9.08M |
Cash Only | 4.2M | 15.52M | 21.28M | 19.24M | 9.08M |
Short-Term Investments | 413.32K | 0 | 0 | 0 | 0 |
Accounts Receivable | 383.7K | 42.24K | 177.91K | 277.83K | 43.66K |
Days Sales Outstanding | - | - | - | - | - |
Inventory | 0 | 0 | 0 | 0 | 0 |
Days Inventory Outstanding | - | - | - | - | - |
Other Current Assets | 0 | 0 | 0 | 0 | 0 |
Total Non-Current Assets | 16.32M | 41.16M | 86.81M | 102.6M | 103.17M |
Property, Plant & Equipment | 16.29M | 38.21M | 59.82M | 84.1M | 102.38M |
Fixed Asset Turnover | - | - | - | - | 0.00x |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Long-Term Investments | 30.72K | 2.94M | 26.99M | 18.51M | 25.19M |
Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
Total Assets | 21.33M▲ 0% | 56.87M▲ 166.6% | 108.33M▲ 90.5% | 122.34M▲ 12.9% | 112.54M▲ 0% |
Asset Turnover | - | - | - | - | 0.00x |
Asset Growth % | - | 166.58% | 90.49% | 12.93% | 13.74% |
Total Current Liabilities | 3.3M | 4.29M | 4M | 3.59M | 2.69M |
Accounts Payable | 1.98M | 3.42M | 4M | 2.41M | 2.69M |
Days Payables Outstanding | - | - | - | - | 728.94 |
Short-Term Debt | 0 | 862.37K | 0 | 1.18M | 0 |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 1.31M | 0 | 0 | 0 | 0 |
Current Ratio | 1.52x | 3.66x | 5.38x | 5.49x | 3.49x |
Quick Ratio | 1.52x | 3.66x | 5.38x | 5.49x | 3.49x |
Cash Conversion Cycle | - | - | - | - | - |
Total Non-Current Liabilities | 0 | 0 | 0 | 5.35M | 0 |
Long-Term Debt | 0 | 0 | 0 | 5.35M | 0 |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
Total Liabilities | 3.3M | 4.29M | 4M | 8.95M | 2.69M |
Total Debt | 0 | 862.37K | 0 | 6.53M | 0 |
Net Debt | -4.2M | -14.65M | -21.28M | -12.71M | -9.08M |
Debt / Equity | - | 0.02x | - | 0.06x | 0.00x |
Debt / EBITDA | - | - | - | - | -0.00x |
Net Debt / EBITDA | - | - | -0.53x | - | 1.19x |
Interest Coverage | -907.97x | - | - | -31.27x | -14.30x |
Total Equity | 18.04M▲ 0% | 52.58M▲ 191.5% | 104.33M▲ 98.4% | 113.39M▲ 8.7% | 109.86M▲ 0% |
Equity Growth % | - | 191.52% | 98.42% | 8.68% | 15.84% |
Book Value per Share | - | - | - | - | 0.34 |
Total Shareholders' Equity | 15.51M | 46.78M | 96.75M | 105.6M | 102.16M |
Common Stock | 78.4M | 114.92M | 125.71M | 142.99M | 167.04M |
Retained Earnings | -67.39M | -74.06M | -38.5M | -49.99M | -77.28M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | 4.49M | 5.92M | 9.54M | 12.6M | 4.43M |
Minority Interest | 2.53M | 5.8M | 7.58M | 7.79M | 7.69M |
NVAWW Cash Flow Statement
Nova Minerals Limited (NVAWW) cash flow — operating, investing & free cash flow history
| Metric | Jun'20 | Jun'21 | Jun'22 | Jun'23 | TTM |
|---|---|---|---|---|---|
Cash from Operations | 0 | -2.14M | -2.86M | -3.08M | -6.41M |
Operating CF Margin % | - | - | - | - | - |
Operating CF Growth % | - | - | -33.55% | -7.98% | 0% |
Net Income | 0 | -3.13M | 34.4M | -11.48M | -20.07M |
Depreciation & Amortization | 0 | 0 | 346.83K | 456.9K | 3.47M |
Stock-Based Compensation | 0 | 0 | 0 | 780.24K | -1.26M |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 0 | 989.66K | -38.14M | 6.9M | -6.7M |
Working Capital Changes | 0 | 0 | 537.04K | 267.08K | 0 |
Change in Receivables | 0 | 0 | -47.47K | -96.58K | 0 |
Change in Inventory | 0 | 0 | 0 | 0 | 0 |
Change in Payables | 0 | 0 | 0 | 0 | 0 |
Cash from Investing | -5.42M | -21.06M | -3.96M | -24.14M | -10.7M |
Capital Expenditures | -5M | -21.04M | -25.86M | -23.86M | -4.96M |
CapEx % of Revenue | - | - | - | - | - |
Acquisitions | 0 | 0 | 0 | 0 | -664K |
Investments | - | - | - | - | - |
Other Investing | 0 | -219.05K | 266.44K | -7.69K | -5.07M |
Cash from Financing | 10.85M | 34.88M | 11.15M | 25.16M | 9.49M |
Debt Issued (Net) | 2M | 0 | 0 | 0 | 100K |
Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K | 997.09K |
Dividends Paid | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | -285.1K | -2.48M | -846.96K | -1.39M | 0 |
Other Financing | 0 | 805K | 0 | 7.45M | 8.4M |
Net Change in Cash | 3.17M▲ 0% | 11.32M▲ 257.5% | 5.76M▼ 49.1% | -2.04M▼ 135.4% | -6.83M▲ 0% |
Free Cash Flow | -5M▲ 0% | -21.04M▼ 320.7% | -25.86M▼ 22.9% | -23.86M▲ 7.7% | -13.4M▲ 0% |
FCF Margin % | - | - | - | - | - |
FCF Growth % | - | -320.68% | -22.86% | 7.71% | - |
FCF per Share | - | - | - | - | -0.04 |
FCF Conversion (FCF/Net Income) | - | 0.68x | -0.08x | 0.27x | 0.67x |
Interest Paid | 0 | 0 | 0 | 0 | 326.93K |
Taxes Paid | 0 | 0 | 0 | 0 | 0 |
NVAWW Key Ratios
Nova Minerals Limited (NVAWW) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | TTM |
|---|---|---|---|---|
Return on Equity (ROE) | -8.86% | 44.21% | -10.55% | -18.27% |
Return on Invested Capital (ROIC) | -11.9% | 49.74% | -9.17% | -5.96% |
Debt / Equity | 0.02x | - | 0.06x | 0.00x |
Interest Coverage | - | - | -31.27x | -14.30x |
FCF Conversion | 0.68x | -0.08x | 0.27x | 0.67x |
Related:NVAWW Dividend History·NVAWW Revenue History·NVAWW Price History·NVAWW P/E History·NVAWW Financial Ratios·NVAWW Institutional Holders
NVAWW Frequently Asked Questions
Nova Minerals Limited (NVAWW) stock FAQ — growth, dividends, profitability & financials explained
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.