MGX Resources Limited (ASX:MGX) Annual Report 2024



The latest annual report of MGX Resources Limited (MGX) was published on 30 Jun 2024. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - MGX Annual Results

Amounts in AUD

Total Revenue
$667.68M
Gross Profit
$7.73M
EBIT
$-116.06M
Net Tangible Assets
$432.04M
Net Income
$0.00
Capital Expenditures
-

MGX Income Statement 2024 Annual Report

As per the latest Income Statement of MGX, the Net revenue increased by $217.08M (48%) compared to the previous period. The operating income in 2024 increased by - (-). The net income as per the annual report was $0.00 which increased by - (-) compared to previous year.

Income Statement Report (2024/2023)

2024 2023
Total Revenue $667.68M $450.60M
Gross Profit $7.73M $7.73M
Operating Income - -
Income Before Tax - -
Net Income $0.00 $0.00

Balance Sheet - MGX 2024 Annual Report

Read further: MGX Balance Sheet Detailed Analysis

The latest balance sheet from annual result of MGX Resources Limited showed the company increased the cash on balance sheet by $0.00 (0%). The Net tangible assets of MGX on the balance sheet were at $432.04M which is $0.00 (0%) more than previous annual report. The total stockholder equity also increased by - (-) compared to previous reporting period.

Balance Sheet Statement Report (2024/2023)

2024 2023
Cash $456.17M $456.17M
Total Assets - -
Long Term Debt - -
Total Liabilities $4.25M $4.25M
Total Shareholder Equity - -
Net Tangible Assets $432.04M $432.04M

Cash Flow Statement - MGX 2024 Annual Report

The 2024 annual cash flow statement of MGX Resources Limited showed that the net income increased by - (-) compared to previous reporting period. Also the capital expenditure of MGX increased by - (-).

As of 2024, the total cash from investing activities was - and total cash from financing activities was -.

Cash Flow Statement Report (2024/2023)

2024 2023
Net Income $0.00 $0.00
Capital Expenditures - -
Dividends Paid - -
Total Cash From From Investing Activities - -
Total Cash From From Financing Activities - -

MGX Resources Limited Annual Report History

Income Statement

Income Statement history of MGX Resources Limited (ASX:MGX)

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Total Revenue $667.68M $450.60M $140.70M $329.70M
Cost Of Revenue $0.00 $0.00 $0.00 $0.00
Gross Profit $0.00 $0.00 $0.00 $0.00
Research Development - - - -
Selling General Administrative - - - -
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses $0.00 $0.00 $0.00 $0.00
Operating Income - - - -
Total Other Income Expense Net - - - -
Ebit $0.00 $0.00 $0.00 $0.00
Interest Expense - - - -
Income Before Tax - - - -
Income Tax Expense $0.00 $0.00 $0.00 $0.00
Minority Interest - - - -
Net Income From Continuing Ops - - - -
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income $0.00 $0.00 $0.00 $64.01M
Net Income Applicable To Common Shares - - - -

Balance Sheet Statement

Balance Sheet Statement history of MGX Resources Limited (ASX:MGX)

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash $456.17M $456.17M - -
Total Assets - - - -
Total Liab $4.25M $4.25M - -
Long Term Debt - - - -
Total Stockholder Equity - - - -
Net Tangible Assets $432.04M $432.04M - -

Cash Flow Statement

Cash Flow Statement history of MGX Resources Limited (ASX:MGX)

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Net Income $0.00 $0.00 - -
Capital Expenditures - - - -
Dividends Paid - - - -
Total Cashflows From Investing Activities - - - -
Total Cash From Financing Activities - - - -