Financial Snapshot

Revenue
$46.98M
TTM
Gross Margin
6.49%
TTM
Net Earnings
-$79.02M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
198.93%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$286.2M
Q3 2024
Cash
Q3 2024
P/E
-2.947
Nov 29, 2024 EST
Free Cash Flow
-$62.63M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $39.82M $0.00 $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $39.82M $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $34.14M $0.00 $0.00
Gross Profit $5.679M $0.00 $0.00
Gross Profit Margin 14.26%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $43.32M $29.54M $11.64M $3.598M $3.598M
YoY Change 46.67% 153.85% 223.37% 0.0%
% of Gross Profit 762.79%
Research & Development $1.929M $1.778M $8.941M $2.955M $2.955M
YoY Change 8.47% -80.11% 202.61% 0.0%
% of Gross Profit 33.97%
Depreciation & Amortization $272.0K $73.70K $11.59K $13.25K $13.25K
YoY Change 269.08% 535.92% -12.53% -0.01%
% of Gross Profit 4.79%
Operating Expenses $45.25M $31.39M $20.58M $6.566M $6.566M
YoY Change 44.16% 52.48% 213.51% 0.0%
Operating Profit -$39.38M -$39.74M -$19.74M -$6.566M
YoY Change -0.92% 101.36% 200.58%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $39.00K $115.0K -$267.9K $53.96K $686.8K
YoY Change -66.1% -142.94% -596.44% -92.14%
% of Operating Profit
Other Income/Expense, Net $20.70M $29.90M -$193.3K $686.8K
YoY Change -30.77% -15573.46% -128.14%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$18.67M -$9.835M -$19.93M -$5.879M -$5.879M
YoY Change 89.83% -50.65% 238.98% 0.0%
Income Tax $3.106M $3.139M $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$21.78M -$12.97M -$19.99M -$5.879M -$5.879M
YoY Change 67.84% -35.11% 240.08% 0.0%
Net Earnings / Revenue -54.69%
Basic Earnings Per Share -$1.14 -$0.74 -$1.48 -$0.71
Diluted Earnings Per Share -$1.14 -$0.74 -$1.48 -$0.71 -$709.7K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $71.73M $99.73M $64.24M $18.86M $18.86M
YoY Change -28.08% 55.24% 240.69% 0.0%
Cash & Equivalents $71.73M $99.25M $64.24M $18.86M $18.86M
Short-Term Investments $484.0K $483.8K
Other Short-Term Assets $3.829M $2.128M $2.515M $58.98K $58.98K
YoY Change 79.93% -15.37% 4163.48% 0.0%
Inventory
Prepaid Expenses
Receivables $595.0K
Other Receivables $0.00
Total Short-Term Assets $76.15M $101.9M $66.76M $18.92M $18.92M
YoY Change -25.24% 52.58% 252.93% 0.0%
Property, Plant & Equipment $127.1M $72.83M $40.12M $8.707M $8.707M
YoY Change 74.49% 81.56% 360.74% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $147.7M $95.65M $58.87M $0.00 $0.00
YoY Change 54.38% 62.47%
Other Assets $30.35M $17.58M $4.500M $29.91K $29.91K
YoY Change 72.65% 290.66% 14945.8% 0.0%
Total Long-Term Assets $305.1M $186.1M $103.5M $8.737M $8.737M
YoY Change 63.98% 79.79% 1084.51% 0.0%
Total Assets $381.3M $287.9M $170.2M $27.65M $27.65M
YoY Change
Accounts Payable $11.75M $12.86M $1.263M $791.3K $791.3K
YoY Change -8.61% 918.54% 59.59% 0.0%
Accrued Expenses $29.46M $5.485M $577.2K $577.2K
YoY Change 850.25% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $149.0K $425.2K $762.2K $577.6K $577.6K
YoY Change -64.96% -44.21% 31.96% 0.0%
Total Short-Term Liabilities $41.37M $13.41M $7.550M $1.946M $1.946M
YoY Change 208.44% 77.63% 287.97% 0.0%
Long-Term Debt $14.00K $163.4K $0.00 $1.740M $1.740M
YoY Change -91.43% -100.0% 0.0%
Other Long-Term Liabilities $1.522M $1.177M $0.00 $163.6K $163.6K
YoY Change 29.34% -100.0% 0.0%
Total Long-Term Liabilities $1.536M $1.340M $0.00 $1.904M $1.904M
YoY Change 14.61% -100.0% 0.0%
Total Liabilities $48.93M $17.63M $8.464M $3.850M $3.850M
YoY Change 177.47% 108.32% 119.87% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 19.03M shares 17.52M shares 13.55M 8.284M
Diluted Shares Outstanding 19.03M shares 17.52M shares 13.55M 8.284M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $232.86 Million

About Piedmont Lithium Inc.

Piedmont Lithium, Inc. is an exploration stage company, which engages in the exploration and development of mineral properties. The company is headquartered in Belmont North Carolina, North Carolina and currently employs 63 full-time employees. The company supplies lithium hydroxide to electric vehicles and battery manufacturing supply chains in North America. Its projects include its Carolina Lithium and Tennessee Lithium projects in the United States. Tennessee Lithium is a proposed merchant lithium hydroxide manufacturing plant in McMinn County, Tennessee. Carolina Lithium is a proposed, fully integrated spodumene concentrate-to-lithium hydroxide project in Gaston County, North Carolina. Its project portfolio includes strategic investments in lithium assets in Quebec, Canada and Ghana, West Africa. Carolina Lithium is located within a resource in the Carolina Tin-Spodumene Belt and is being designed as a fully integrated project with mining, spodumene concentrate production, and lithium hydroxide manufacturing on a single site in Gaston County, North Carolina. The company is also engaged in permitting activities with state and local representatives.

Industry: Mining & Quarrying of Nonmetallic Minerals (No Fuels) Peers: 5E Advanced Materials, Inc. Ameritrust Corp MATERION Corp COMPASS MINERALS INTERNATIONAL INC MP Materials Corp. / DE