Income Statement FBR Limited

Stocks

FBR

AU000000FBR4

Heavy Machinery & Vehicles

Market Closed - Australian S.E. Other stock markets 12:25:12 2026-06-11 am EDT			5-day change	1st Jan Change
0.003000 ^AUD	-25.00%		-25.00%	-25.00%

Mar. 02	FBR secures binding WaaS offtake agreement	RE
Feb. 27	FBR Limited Reports Earnings Results for the Half Year Ended December 31, 2025	CI

2893e4407fc8b0a958d34c46.9xYvIdu703NKgIm5MEeD4ovtgwimTGYVyyBaf1SfwTU.nl5bZLDYtB4G6OGOACWxjMqryH_iCQdShFUvTmzLngKtehpYrfTnPD3ozA

Published financial data: FBR LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	98.52K	765K	1.66M	837K	1.31M
Total Revenues	98.52K	765K	1.66M	837K	1.31M
Cost of Goods Sold, Total	603K	4.12M	6.65M	3.57M	7.47M
Gross Profit	-505K	-3.36M	-4.99M	-2.73M	-6.16M
Selling General & Admin Expenses, Total	4.61M	9.31M	13.82M	16.35M	17.59M
Stock-Based Compensation (IS)	2.43M	3.04M	5.27M	4.68M	2.05M
R&D Expenses	-	-1.33M	-7.29M	-3.34M	-1.99M
Depreciation & Amortization - (IS)	688K	1.4M	1.83M	2.09M	2.56M
Other Operating Expenses	1.53M	3.54M	4.64M	4.49M	5.55M
Other Operating Expenses, Total	9.26M	15.96M	18.27M	24.27M	25.76M
Operating Income	-9.76M	-19.32M	-23.26M	-27M	-31.92M
Interest Expense, Total	-	-	-	-1.37M	-679K
Interest And Investment Income	31.5K	26.44K	284K	326K	238K
Net Interest Expenses	31.5K	26.44K	284K	-1.04M	-441K
Other Non Operating Income (Expenses)	398K	64.22K	92.38K	1.6M	1.57M
EBT, Excl. Unusual Items	-9.33M	-19.23M	-22.89M	-26.44M	-30.79M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Asset Writedown	-	-752K	-	-1.33M	-52.17M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-9.33M	-19.98M	-22.89M	-27.77M	-82.95M
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-9.33M	-19.98M	-22.89M	-27.77M	-82.95M
Net Income to Company	-9.33M	-19.98M	-22.89M	-27.77M	-82.95M
Net Income - (IS)	-9.33M	-19.98M	-22.89M	-27.77M	-82.95M
Net Income to Common Incl Extra Items	-9.33M	-19.98M	-22.89M	-27.77M	-82.95M
Net Income to Common Excl. Extra Items	-9.33M	-19.98M	-22.89M	-27.77M	-82.95M
Per Share Items
Net EPS - Basic	-0	-0.01	-0.01	-0.01	-0.02
Basic EPS - Continuing Operations	-0	-0.01	-0.01	-0.01	-0.02
Basic Weighted Average Shares Outstanding	2.09B	2.34B	3.27B	4.1B	5.06B
Net EPS - Diluted	-0	-0.01	-0.01	-0.01	-0.02
Diluted EPS - Continuing Operations	-0	-0.01	-0.01	-0.01	-0.02
Diluted Weighted Average Shares Outstanding	2.09B	2.34B	3.27B	4.1B	5.06B
Normalized Basic EPS	-0	-0.01	-0	-0	-0
Normalized Diluted EPS	-0	-0.01	-0	-0	-0
Supplemental Items
EBITDA	-9.24M	-18.13M	-22.69M	-24.77M	-30.91M
EBITA	-9.76M	-19.32M	-23.26M	-27M	-31.92M
EBIT	-9.76M	-19.32M	-23.26M	-27M	-31.92M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	-	-	-	-	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-5.83M	-12.02M	-14.3M	-16.53M	-19.24M
Non-Cash Pension Expense	61.27K	46.12K	191K	162K	-
Supplemental Operating Expense Items
Marketing Expenses	144K	81.36K	67.85K	37.17K	-
Selling and Marketing Expenses	144K	81.36K	67.85K	37.17K	-
General and Administrative Expenses	4.46M	9.23M	13.76M	16.31M	17.59M
Research And Development Expense From Footnotes	-	4.31M	4.52M	4.87M	4.67M
Net Rental Expense, Total	-	-	-	-	-
Stock-Based Comp., Other (Total)	2.43M	3.04M	5.27M	4.68M	2.05M
Total Stock-Based Compensation	2.43M	3.04M	5.27M	4.68M	2.05M

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	11.13M	11.52M	13.4M	3.74M	101K
Total Cash And Short Term Investments	11.13M	11.52M	13.4M	3.74M	101K
Accounts Receivable, Total	101K	128K	-	6.49K	6.49K
Other Receivables	4.24M	6.11M	9.31M	6.29M	4.21M
Notes Receivable	207K	228K	257K	304K	353K
Total Receivables	4.55M	6.47M	9.57M	6.6M	4.57M
Inventory	1.46M	1.37M	1.15M	3.32M	2.9M
Prepaid Expenses	858K	713K	588K	1.76M	627K
Other Current Assets, Total	-	-	-	1.56M	1.09M
Total Current Assets	17.99M	20.07M	24.71M	16.98M	9.28M
Gross Property Plant And Equipment	6.77M	10.86M	21.91M	21.02M	24.4M
Accumulated Depreciation	-2.57M	-3.99M	-4.57M	-5.54M	-17.86M
Net Property Plant And Equipment	4.2M	6.87M	17.34M	15.48M	6.54M
Deferred Charges Long-Term	46.32M	46.39M	44.54M	42.5M	-
Total Assets	68.51M	73.34M	86.6M	74.96M	15.82M
Liabilities
Accounts Payable, Total	1.6M	2.19M	1.91M	2.21M	1.5M
Accrued Expenses, Total	575K	1.63M	1.73M	2.21M	1.2M
Short-term Borrowings	2.47M	5.16M	4.58M	4.83M	1.64M
Current Portion of Long-Term Debt	-	166K	176K	186K	196K
Current Portion of Leases	1.01M	1.63M	1.86M	2.64M	1.73M
Other Current Liabilities	160K	492K	1.85M	859K	572K
Total Current Liabilities	5.82M	11.27M	12.12M	12.94M	6.83M
Long-Term Debt	-	657K	466K	280K	84.7K
Long-Term Leases	20.86K	2.57M	2.22M	270K	1.15M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	301K	574K	279K	426K	140K
Total Liabilities	6.15M	15.07M	15.09M	13.92M	8.21M
Common Stock, Total	102M	117M	149M	168M	200M
Retained Earnings	-43.81M	-61.8M	-83.14M	-114M	-196M
Comprehensive Income and Other	4.48M	3.5M	5.8M	6.85M	4.42M
Total Common Equity	62.37M	58.27M	71.51M	61.04M	7.61M
Total Equity	62.37M	58.27M	71.51M	61.04M	7.61M
Total Liabilities And Equity	68.51M	73.34M	86.6M	74.96M	15.82M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.21B	2.65B	3.67B	4.44B	5.69B
ECS Total Common Shares Outstanding	2.18B	2.65B	3.67B	4.44B	5.69B
Book Value / Share	0.03	0.02	0.02	0.01	0
Tangible Book Value	62.37M	58.27M	71.51M	61.04M	7.61M
Tangible Book Value Per Share	0.03	0.02	0.02	0.01	0
Total Debt	3.51M	10.19M	9.31M	8.2M	4.79M
Net Debt	-7.62M	-1.33M	-4.09M	4.46M	4.69M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	1.75M	-	-	790K	3.21K
Inventories - Work In Process, Total	-	-	-	197K	11.4K
Inventories - Others	-	2.05M	1.35M	2.26M	5.92M
Land - (BS)	-	-	-	-	-
Machinery, Total	5.68M	6.99M	7.71M	7.09M	12.75M
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	-9.33M	-19.98M	-22.89M	-27.77M	-82.95M
Depreciation & Amortization - CF	688K	2.07M	1.83M	3.69M	2.56M
Depreciation & Amortization, Total	688K	2.07M	1.83M	3.69M	2.56M
Amortization of Deferred Charges, Total - (CF)	-	2.02M	3.16M	2.72M	3.28M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	752K	-	-	52.17M
Stock-Based Compensation (CF)	2.43M	3.04M	5.27M	4.68M	2.05M
Other Operating Activities, Total	365K	-3.81M	-7.34M	-5.02M	-397K
Change In Accounts Receivable	421K	-1.04M	3.9M	4.85M	5.49M
Change In Accounts Payable	202K	1.74M	-941K	-2.36M	-1.24M
Change In Deferred Taxes	-	-	-	-	-
Change in Other Net Operating Assets	27.2K	-133K	166K	-2.43M	-2.32M
Cash from Operations	-5.2M	-15.34M	-16.83M	-21.63M	-21.36M
Capital Expenditure	-3.14M	-3.28M	-10.94M	-5.55M	-3.78M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-7.31M	-4.09M	-1.92M	-2.3M	-2.1M
Investment in Marketable and Equity Securities, Total	-	-	-	-25.79K	-58.75K
Other Investing Activities, Total	6.94M	3.99M	2.04M	4.13M	713K
Cash from Investing	-3.51M	-3.38M	-10.82M	-3.73M	-5.22M
Short Term Debt Issued, Total	2.47M	-	-	-	-
Long-Term Debt Issued, Total	-	8.33M	4.29M	9.34M	1.64M
Total Debt Issued	2.47M	8.33M	4.29M	9.34M	1.64M
Short Term Debt Repaid, Total	-2.8M	-	-	-	-
Long-Term Debt Repaid, Total	-	-2.56M	-5.49M	-9.76M	-6.03M
Total Debt Repaid	-2.8M	-2.56M	-5.49M	-9.76M	-6.03M
Issuance of Common Stock	16M	14M	32.33M	18.79M	29.56M
Other Financing Activities, Total	-918K	-662K	-1.6M	-1.67M	-2.28M
Cash from Financing	14.75M	19.11M	29.54M	16.7M	22.88M
Foreign Exchange Rate Adjustments	-	-	-	-	58.4K
Net Change in Cash	6.05M	391K	1.88M	-8.66M	-3.64M
Supplemental Items
Cash Interest Paid	98.57K	418K	599K	1.12M	617K
Cash Income Tax Paid (Refund)	-	-	-	-	-5.56M
Levered Free Cash Flow	-14.29M	-12.02M	-18.69M	-15.61M	-16.32M
Unlevered Free Cash Flow	-14.29M	-12.02M	-18.69M	-14.75M	-15.9M
Change In Net Working Capital	870K	-282K	1.57M	1.13M	-2.04M
Net Debt Issued / Repaid	-331K	5.77M	-1.19M	-417K	-4.39M

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	-9.66	-17.02	-18.18	-21.52	-43.95
Return on Total Capital	-10	-17.98	-19.48	-23.22	-48.86
Return On Equity %	-16.15	-33.12	-35.27	-43.46	-241.65
Return on Common Equity	-16.15	-33.12	-35.27	-43.46	-241.65
Margin Analysis
Gross Profit Margin %	-512.58	-439.01	-300.07	-326.77	-470.06
SG&A Margin	4.68K	1.22K	831.47	1.95K	1.34K
EBITDA Margin %	-9.38K	-2.37K	-1.36K	-2.96K	-2.36K
EBITA Margin %	-9.91K	-2.52K	-1.4K	-3.23K	-2.44K
EBIT Margin %	-9.91K	-2.52K	-1.4K	-3.23K	-2.44K
Income From Continuing Operations Margin %	-9.47K	-2.61K	-1.38K	-3.32K	-6.33K
Net Income Margin %	-9.47K	-2.61K	-1.38K	-3.32K	-6.33K
Net Avail. For Common Margin %	-9.47K	-2.61K	-1.38K	-3.32K	-6.33K
Normalized Net Income Margin	-5.92K	-1.57K	-860.29	-1.98K	-1.47K
Levered Free Cash Flow Margin	-14.51K	-1.57K	-1.12K	-1.87K	-1.25K
Unlevered Free Cash Flow Margin	-14.51K	-1.57K	-1.12K	-1.76K	-1.21K
Asset Turnover
Asset Turnover	0	0.01	0.02	0.01	0.03
Fixed Assets Turnover	0.02	0.14	0.14	0.06	0.12
Receivables Turnover (Average Receivables)	-	6.67	-	-	201.85
Inventory Turnover (Average Inventory)	-	2.91	5.27	1.6	2.4
Short Term Liquidity
Current Ratio	3.09	1.78	2.04	1.31	1.36
Quick Ratio	2.66	1.58	1.87	0.78	0.63
Operating Cash Flow to Current Liabilities	-0.89	-1.36	-1.39	-1.67	-3.13
Days Sales Outstanding (Average Receivables)	-	54.69	-	-	1.81
Days Outstanding Inventory (Average Inventory)	-	125.35	69.27	229.2	151.88
Average Days Payable Outstanding	-	171.37	116.24	131.66	96.23
Cash Conversion Cycle (Average Days)	-	8.67	-	-	57.45
Long Term Solvency
Total Debt/Equity	5.63	17.49	13.03	13.44	62.97
Total Debt / Total Capital	5.33	14.89	11.52	11.85	38.64
LT Debt/Equity	0.03	5.54	3.76	0.9	16.2
Long-Term Debt / Total Capital	0.03	4.72	3.33	0.8	9.94
Total Liabilities / Total Assets	8.97	20.55	17.42	18.56	51.87
EBIT / Interest Expense	-	-	-	-19.72	-47
EBITDA / Interest Expense	-	-	-	-17.02	-43.23
(EBITDA - Capex) / Interest Expense	-	-	-	-21.07	-48.8
Total Debt / EBITDA	-0.39	-0.59	-0.43	-0.35	-0.16
Net Debt / EBITDA	0.84	0.08	0.19	-0.19	-0.16
Total Debt / (EBITDA - Capex)	-0.29	-0.5	-0.29	-0.28	-0.14
Net Debt / (EBITDA - Capex)	0.62	0.06	0.13	-0.15	-0.14
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	676.75	117.28	-49.68	56.59
Gross Profit, 1 Yr. Growth %	-	565.27	48.51	-42.36	125.25
EBITDA, 1 Yr. Growth %	-19.11	96.28	20.65	-3.56	24.82
EBITA, 1 Yr. Growth %	-18.85	97.87	20.42	2.84	18.2
EBIT, 1 Yr. Growth %	-18.85	97.87	20.42	2.84	18.2
Earnings From Cont. Operations, 1 Yr. Growth %	-15.13	114.06	14.55	4.21	198.68
Net Income, 1 Yr. Growth %	-15.13	114.06	14.55	4.21	198.68
Normalized Net Income, 1 Yr. Growth %	-19.24	106.01	19.03	-0.78	16.43
Diluted EPS Before Extra, 1 Yr. Growth %	-33.84	90.02	-18.12	-16.51	141.18
Accounts Receivable, 1 Yr. Growth %	-	27.1	-	-	0
Inventory, 1 Yr. Growth %	-	-6.29	-15.78	187.48	-12.68
Net Property, Plant and Equip., 1 Yr. Growth %	-4.07	63.63	152.45	17.42	-57.78
Total Assets, 1 Yr. Growth %	18.42	7.04	18.08	-8.44	-78.89
Tangible Book Value, 1 Yr. Growth %	17.19	-6.58	22.73	-8.6	-87.53
Common Equity, 1 Yr. Growth %	17.19	-6.58	22.73	-8.6	-87.53
Cash From Operations, 1 Yr. Growth %	-44.53	195.32	9.71	21.56	-1.23
Capital Expenditures, 1 Yr. Growth %	40.86	4.53	233.71	-49.28	-31.88
Levered Free Cash Flow, 1 Yr. Growth %	-30.44	-15.89	47.22	-29.24	4.59
Unlevered Free Cash Flow, 1 Yr. Growth %	-30.44	-15.89	47.22	-31.62	7.78
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	310.82	4.57	-11.23
Gross Profit, 2 Yr. CAGR %	-	-	214.33	-9.79	13.94
EBITDA, 2 Yr. CAGR %	4.05	26	56.72	14.76	9.71
EBITA, 2 Yr. CAGR %	5.64	26.71	54.36	18.23	10.25
EBIT, 2 Yr. CAGR %	5.64	26.71	54.36	18.23	10.25
Earnings From Cont. Operations, 2 Yr. CAGR %	1.04	34.79	56.59	17.9	76.42
Net Income, 2 Yr. CAGR %	1.04	34.79	56.59	17.9	76.42
Normalized Net Income, 2 Yr. CAGR %	4.29	28.98	56.59	17.28	7.48
Diluted EPS Before Extra, 2 Yr. CAGR %	-21.49	12.13	24.74	-10.81	41.9
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-77.51	-
Inventory, 2 Yr. CAGR %	-	-	-11.16	55.6	58.44
Net Property, Plant and Equip., 2 Yr. CAGR %	49.9	25.29	103.25	50.13	-29.59
Total Assets, 2 Yr. CAGR %	9.92	12.59	12.42	1.1	-56.04
Tangible Book Value, 2 Yr. CAGR %	8.36	4.63	7.08	2.36	-66.23
Common Equity, 2 Yr. CAGR %	8.36	4.63	7.08	2.36	-66.23
Cash From Operations, 2 Yr. CAGR %	-14.4	27.99	80	18.73	9.57
Capital Expenditures, 2 Yr. CAGR %	65.91	21.34	86.77	30.1	-41.22
Levered Free Cash Flow, 2 Yr. CAGR %	-32.14	-23.51	14.36	10.86	-13.97
Unlevered Free Cash Flow, 2 Yr. CAGR %	-32.14	-23.51	14.36	7.78	-14.15
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	104.03	19.63
Gross Profit, 3 Yr. CAGR %	-	-	-	75.6	22.39
EBITDA, 3 Yr. CAGR %	6.92	28.56	25.72	38.93	18.02
EBITA, 3 Yr. CAGR %	8.83	30.22	24.58	40.37	18.22
EBIT, 3 Yr. CAGR %	8.83	30.22	24.58	40.37	18.22
Earnings From Cont. Operations, 3 Yr. CAGR %	9.46	29.77	27.67	43.84	60.73
Net Income, 3 Yr. CAGR %	9.46	29.77	27.67	43.84	60.73
Normalized Net Income, 3 Yr. CAGR %	9.46	30.85	25.58	41.5	16.99
Diluted EPS Before Extra, 3 Yr. CAGR %	-15.66	5.41	0.97	14.76	24.25
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-59.94	-63.02
Inventory, 3 Yr. CAGR %	-	-	-	31.4	28.34
Net Property, Plant and Equip., 3 Yr. CAGR %	48.96	54.34	58.25	54.5	-1.64
Total Assets, 3 Yr. CAGR %	13.81	8.95	14.39	3.04	-40.03
Tangible Book Value, 3 Yr. CAGR %	12.66	3.13	10.35	-0.71	-49.25
Common Equity, 3 Yr. CAGR %	12.66	3.13	10.35	-0.71	-49.25
Cash From Operations, 3 Yr. CAGR %	7.84	29.34	21.58	60.86	11.66
Capital Expenditures, 3 Yr. CAGR %	34.58	42.23	70.01	20.95	4.86
Levered Free Cash Flow, 3 Yr. CAGR %	-20.88	-27.1	-3.11	2.97	8.73
Unlevered Free Cash Flow, 3 Yr. CAGR %	-20.88	-27.1	-3.11	1.05	7.78
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-19.84	24.25	-	-	-
Gross Profit, 5 Yr. CAGR %	15.43	67.03	-	-	-
EBITDA, 5 Yr. CAGR %	42.17	48.4	24.59	23.76	22.04
EBITA, 5 Yr. CAGR %	43.67	49.73	25.16	25.28	21.55
EBIT, 5 Yr. CAGR %	43.67	49.73	25.16	25.28	21.55
Earnings From Cont. Operations, 5 Yr. CAGR %	10.06	50.74	26.32	24.89	49.8
Net Income, 5 Yr. CAGR %	10.06	50.74	26.32	24.89	49.8
Normalized Net Income, 5 Yr. CAGR %	42.38	49.59	26.32	25.24	21.65
Diluted EPS Before Extra, 5 Yr. CAGR %	-20.09	18.89	-1.37	-1.41	19.25
Net Property, Plant and Equip., 5 Yr. CAGR %	132.36	101.31	68.68	52.64	8.36
Total Assets, 5 Yr. CAGR %	77.2	45.97	13.25	5.74	-22.84
Tangible Book Value, 5 Yr. CAGR %	75.29	41.12	10.39	2.82	-32.22
Common Equity, 5 Yr. CAGR %	75.29	41.12	10.39	2.82	-32.22
Cash From Operations, 5 Yr. CAGR %	31.93	52.65	32.37	24.98	17.93
Capital Expenditures, 5 Yr. CAGR %	115.87	87.36	53.43	37.25	11.16
Levered Free Cash Flow, 5 Yr. CAGR %	82.4	30.65	-8.32	-12.85	-4.5
Unlevered Free Cash Flow, 5 Yr. CAGR %	82.4	30.65	-8.32	-13.83	-5