West African Resources Limited (ASX:WAF) Annual Report 2024



The latest annual report of West African Resources Limited (WAF) was published on 31 Dec 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 - WAF Annual Results

Amounts in AUD

Total Revenue
$729.98M
Gross Profit
$456.46M
EBIT
$442.81M
Net Tangible Assets
$1.45B
Net Income
$223.84M
Capital Expenditures
-

WAF Income Statement 2024 Annual Report

As per the latest Income Statement of WAF, the Net revenue increased by $68.76M (10%) compared to the previous period. The operating income in 2024 increased by - (-). The net income as per the annual report was $223.84M which increased by $76.97M (52%) compared to previous year.

Income Statement Report (2024/2023)

2024 2023
Total Revenue $729.98M $661.23M
Gross Profit $456.46M $456.46M
Operating Income - -
Income Before Tax - -
Net Income $223.84M $146.87M

Balance Sheet - WAF 2024 Annual Report

Read further: WAF Balance Sheet Detailed Analysis

The latest balance sheet from annual result of West African Resources Limited showed the company increased the cash on balance sheet by $0.00 (0%). The Net tangible assets of WAF on the balance sheet were at $1.45B 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 $279.24M $279.24M
Total Assets - -
Long Term Debt - -
Total Liabilities $430.90M $430.90M
Total Shareholder Equity - -
Net Tangible Assets $1.45B $1.45B

Cash Flow Statement - WAF 2024 Annual Report

The 2024 annual cash flow statement of West African Resources Limited showed that the net income increased by $76.97M (52%) compared to previous reporting period. Also the capital expenditure of WAF 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 $223.84M $146.87M
Capital Expenditures - -
Dividends Paid - -
Total Cash From From Investing Activities - -
Total Cash From From Financing Activities - -

West African Resources Limited Annual Report History

Income Statement

Income Statement history of West African Resources Limited (ASX:WAF)

31 Dec 2024 31 Dec 2023 31 Dec 2022 31 Dec 2021
Total Revenue $729.98M $661.23M $608.23M $712.14M
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 $223.84M $146.87M $164.44M $188.96M
Net Income Applicable To Common Shares - - - -

Balance Sheet Statement

Balance Sheet Statement history of West African Resources Limited (ASX:WAF)

31 Dec 2024 31 Dec 2023 31 Dec 2022 31 Dec 2021
Cash $279.24M $279.24M - -
Total Assets - - - -
Total Liab $430.90M $430.90M - -
Long Term Debt - - - -
Total Stockholder Equity - - - -
Net Tangible Assets $1.45B $1.45B - -

Cash Flow Statement

Cash Flow Statement history of West African Resources Limited (ASX:WAF)

31 Dec 2024 31 Dec 2023 31 Dec 2022 31 Dec 2021
Net Income $223.84M $146.87M - -
Capital Expenditures - - - -
Dividends Paid - - - -
Total Cashflows From Investing Activities - - - -
Total Cash From Financing Activities - - - -