Mineral Commodities Ltd (ASX:MRC) Annual Report 2023



The latest annual report of Mineral Commodities Ltd (MRC) was published on 31 Dec 2023. 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 - MRC Annual Results

Amounts in USD

Total Revenue
$28.57M
Gross Profit
$0.00
EBIT
$0.00
Net Tangible Assets
$-2.83M
Net Income
$-9.97M
Capital Expenditures
-

MRC Income Statement 2023 Annual Report

As per the latest Income Statement of MRC, the Net revenue increased by - (-) compared to the previous period. The operating income in 2023 increased by - (-). The net income as per the annual report was $-9.97M which increased by $1.21M (11%) compared to previous year.

Income Statement Report (2023/2022)

2023 2022
Total Revenue $28.57M $0.00
Gross Profit $0.00 $0.00
Operating Income - -
Income Before Tax - -
Net Income $-9.97M $-11.18M

Balance Sheet - MRC 2023 Annual Report

Read further: MRC Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Mineral Commodities Ltd showed the company increased the cash on balance sheet by $0.00 (0%). The Net tangible assets of MRC on the balance sheet were at $-2.83M 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 (2023/2022)

2023 2022
Cash $534.37K $534.37K
Total Assets - -
Long Term Debt - -
Total Liabilities $6.89M $6.89M
Total Shareholder Equity - -
Net Tangible Assets $-2.83M $-2.83M

Cash Flow Statement - MRC 2023 Annual Report

The 2023 annual cash flow statement of Mineral Commodities Ltd showed that the net income increased by $1.21M (11%) compared to previous reporting period. Also the capital expenditure of MRC increased by - (-).

As of 2023, the total cash from investing activities was - and total cash from financing activities was -.

Cash Flow Statement Report (2023/2022)

2023 2022
Net Income $-9.97M $-11.18M
Capital Expenditures - -
Dividends Paid - -
Total Cash From From Investing Activities - -
Total Cash From From Financing Activities - -

Mineral Commodities Ltd Annual Report History

Income Statement

Income Statement history of Mineral Commodities Ltd (ASX:MRC)

31 Dec 2023 31 Dec 2022 31 Dec 2019 31 Dec 2015
Total Revenue $28.57M $0.00 $61.78M $46.46M
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 $-9.97M $-11.18M $0.00 $10.58M
Net Income Applicable To Common Shares - - - -

Balance Sheet Statement

Balance Sheet Statement history of Mineral Commodities Ltd (ASX:MRC)

31 Dec 2023 31 Dec 2022 31 Dec 2019 31 Dec 2015
Cash $534.37K $534.37K - -
Total Assets - - - -
Total Liab $6.89M $6.89M - -
Long Term Debt - - - -
Total Stockholder Equity - - - -
Net Tangible Assets $-2.83M $-2.83M - -

Cash Flow Statement

Cash Flow Statement history of Mineral Commodities Ltd (ASX:MRC)

31 Dec 2023 31 Dec 2022 31 Dec 2019 31 Dec 2015
Net Income $-9.97M $-11.18M - -
Capital Expenditures - - - -
Dividends Paid - - - -
Total Cashflows From Investing Activities - - - -
Total Cash From Financing Activities - - - -