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Vulcan Energy Resources Limited

VUL.AX•ASX
Basic Materials
Industrial Materials
A$3.89
A$0.29(8.06%)
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The company's financials show resilient growth, with revenue advancing from $4.98M in Q4 2021 to $15.07M in Q2 2023. Gross profit remained healthy with margins at 99% in Q2 2023 compared to 62% in Q4 2021. Operating income hit -$18.61M last quarter, sustaining a consistent -124% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$17.73M. Net income rose to -$11.38M, while earnings per share reached -$0.07. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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