Financial Snapshot

Revenue
$670.0K
TTM
Gross Margin
-108.48%
TTM
Net Earnings
-$574.5M
TTM
Current Assets
$13.81M
Q2 2024
Current Liabilities
$10.24M
Q2 2024
Current Ratio
134.9%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
-$8.301M
Q2 2024
Cash
$11.08M
Q2 2024
P/E
-0.08660
Nov 29, 2024 EST
Free Cash Flow
-$38.91M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020
Revenue $342.0K $268.0K $0.00 $0.00 $0.00
YoY Change 27.61%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020
Revenue $342.0K $268.0K $0.00 $0.00 $0.00
Cost Of Revenue $815.0K $600.0K $454.0K
Gross Profit -$473.0K -$332.0K -$345.0K
Gross Profit Margin -138.3% -123.88%

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 2024 2023 2022 2021 2020
Selling, General & Admin $18.30M $12.87M $1.963M $251.4K $251.4K
YoY Change 42.18% 555.73% 680.92% 0.0%
% of Gross Profit
Research & Development $2.200M $1.500M $1.580M
YoY Change 46.67% -5.06%
% of Gross Profit
Depreciation & Amortization $84.00K $49.00K $34.00K
YoY Change 71.43%
% of Gross Profit
Operating Expenses $2.200M $13.25M $1.963M $248.2K $248.2K
YoY Change -83.39% 574.83% 691.06% 0.0%
Operating Profit -$2.673M -$13.58M -$593.2K
YoY Change -80.32%

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 2024 2023 2022 2021 2020
Interest Expense -$167.1M -$2.667M $4.073M -$1.305M
YoY Change 6165.02% -165.48% -412.11%
% of Operating Profit
Other Income/Expense, Net $0.00 $651.0K $4.273M
YoY Change -100.0%

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 2024 2023 2022 2021 2020
Pretax Income -$293.4M -$15.60M $2.110M -$248.2K -$248.2K
YoY Change 1781.66% -839.08% -950.32% 0.0%
Income Tax $0.00 -$378.0K $812.5K -$76.00K
% Of Pretax Income 38.5%
Net Earnings -$293.4M -$15.22M $1.298M -$248.2K -$248.2K
YoY Change 1828.4% -1272.71% -622.91% 0.0%
Net Earnings / Revenue -85802.63% -5677.99%
Basic Earnings Per Share
Diluted Earnings Per Share -$11.68 -$0.52 $0.04 -$0.01 -$0.01

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 2024 2023 2022 2021 2020
Cash & Short-Term Investments $11.08M $2.060M $468.5K $2.505M $2.505M
YoY Change 437.91% 339.74% -81.3% 0.0%
Cash & Equivalents $11.08M $2.060M $3.098M
Short-Term Investments
Other Short-Term Assets $1.887M $44.00K $375.0K $2.000K
YoY Change 4188.64% -88.27% 18650.0%
Inventory
Prepaid Expenses
Receivables $831.0K $4.000K $149.0K
Other Receivables $8.000K $948.0K $749.0K
Total Short-Term Assets $13.81M $3.056M $843.5K $2.505M $2.505M
YoY Change 351.8% 262.32% -66.33% 0.0%
Property, Plant & Equipment $441.0K $75.00K $141.0K
YoY Change 488.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.065M $1.300M $284.8M $281.5M $281.5M
YoY Change -18.08% -99.54% 1.18% 0.0%
Other Assets $1.000K
YoY Change
Total Long-Term Assets $1.963M $1.600M $284.8M $281.5M $281.5M
YoY Change 22.69% -99.44% 1.18% 0.0%
Total Assets $15.77M $4.656M $285.7M $284.0M $284.0M
YoY Change
Accounts Payable $1.183M $1.264M $236.0K $232.6K $232.6K
YoY Change -6.41% 435.59% 1.48% 0.0%
Accrued Expenses $3.749M $4.280M $16.00K
YoY Change -12.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $134.0K $19.84M $35.00K
YoY Change -99.32%
Total Short-Term Liabilities $10.24M $26.62M $333.9K $830.1K $830.1K
YoY Change -61.55% 7871.13% -59.77% 0.0%
Long-Term Debt $13.12M $7.162M $0.00 $0.00 $0.00
YoY Change 83.19%
Other Long-Term Liabilities $715.0K $291.0K $11.13M $10.28M $10.28M
YoY Change 145.7% -97.39% 8.31% 0.0%
Total Long-Term Liabilities $13.84M $7.453M $11.13M $10.28M $10.28M
YoY Change 85.63% -33.04% 8.31% 0.0%
Total Liabilities $24.07M $34.07M $11.46M $11.11M $11.11M
YoY Change -29.35% 197.21% 3.22% 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 2024 2023 2022 2021 2020
Basic Shares Outstanding
Diluted Shares Outstanding
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: $49.756 Million

About Vast Renewables Ltd

Vast Renewables Ltd. is a renewable energy company, which develops concentrated solar thermal power (CSP) energy systems, dispatchable power & heat and green fuels. The company is headquartered in Sydney, New South Wales and currently employs 40 full-time employees. The company went IPO on 2022-01-07. The firm has developed concentrated solar power (CSP) systems to generate, store and dispatch carbon-free, utility-scale electricity and industrial heat, and to enable the production of green fuels. Its CSP system uses a distributed modular tower design and a sodium heat transfer loop to gather energy from the sun, which is then stored in molten salt for dispatch as either power or heat. The company is focused on concentrated solar thermal power (CSP), delivering clean, dispatchable power and heat, and green fuels. The Company’s CSP v3.0 approach to CSP utilizes a modular sodium loop to efficiently capture and convert solar heat into these end products. Its projects under development include Vast Solar 1, Solar Methanol 1, SiliconAurora Pty Ltd, and EDF Australia. The company is also developing 230 megawatts (MW) of projects in Australia and has a multi-GW global pipeline of potential CSP projects in North America, Europe and the Middle East.

Industry: Heating Equipment, Except Electric & Warm Air Furnaces Peers: Tritium DCFC Ltd