Handelsavisen
prelaunch
Companies ›Materials ›I88.AX
I8
I88.AX — ASX Diversified Mining

I88.Ax

A$0,14
Open in Charts → Attach watcher ⌖
— —
AUD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
—
P/E
—
EV / Rev
—
Div yield
—
Op margin
—
ROE
-24,3 %
Net margin
—
Debt / equity
0,01
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
—
Open
—
Next earnings
—
Ex-dividend
—
TR 1Y
—
About

I88.AX operates in the Diversified Mining industry, focusing on the extraction and processing of various minerals and metals.

Business. I88.AX operates in the Diversified Mining industry, focusing on the extraction and processing of various minerals and metals.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryDiversified Mining
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score→
27
composite score
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-24,3 %
return on equity
Quality→
56
quality score (0-100)

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning I88.

    • Sector rotation

    Sector1D1Mvs mkt
    Communication Services+2,2 %−5,5 %+1,5 %
    Materials · THIS SECTOR+2,2 %+3,2 %+1,4 %
    Energy+0,9 %+5,2 %+0,1 %
    Health Care+0,7 %−1,3 %+0,0 %
    Consumer Discretionary+0,3 %+9,2 %−0,4 %
    Information Technology+0,2 %+8,1 %−0,6 %
    Financials−0,5 %−3,0 %−1,2 %
    Consumer Staples−0,6 %+3,3 %−1,4 %
    Real Estate−0,7 %+10,9 %−1,4 %
    Industrials−1,1 %−0,3 %−1,8 %
    Utilities−1,9 %+28,2 %−2,6 %

    Developing storylines

    No tracked sagas currently linked to I88.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-07-24 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score27 / 100
    Composite score 0-100 · Data quality 0,56
    Data quality0,56 / 1.00

    Synthesis

    Business

    I88.AX operates in the Diversified Mining industry, focusing on the extraction and processing of various minerals and metals.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryDiversified Mining
    AI synthesis
    GENERATED

    I88.AX has a liquidity position characterized by a current ratio of 1.47, indicating that the company has sufficient current assets to cover its current liabilities. However, the company's free cash flow is negative at -8,190,030 AUD, which suggests that the company is spending more cash than it is generating from operations. The operating cash flow is also negative at -1,970,000 AUD, further highlighting the company's cash flow challenges.

    In terms of profitability, I88.AX is currently unprofitable, with a net income of -2,868,070 AUD and an operating income of -3,083,700 AUD. The return on equity is -24.26%, and the return on assets is -20.66%, both of which are significantly below the industry median for the Diversified Mining sector. These metrics indicate that the company is not effectively utilizing its equity and assets to generate profits.

    The company's revenue is not segmented by geographic regions or business lines in the provided data, making it difficult to assess the geographic exposure or the contribution of different segments to the overall revenue. However, the company's capital expenditure of -5,390,730 AUD suggests that it is investing in its operations, which could be a sign of growth intentions.

    Looking at the growth trajectory, the provided data does not include specific revenue history or outlook for the current and next fiscal years. However, the negative operating and net income figures indicate that the company is currently facing financial challenges that could impact its growth prospects. The company's risk assessment indicates a medium liquidity risk and a low dilution risk, with key flags pointing to negative net cash after subtracting total debt.

    Recent events and filings for I88.AX are not detailed in the provided data, so it is not possible to comment on any specific recent developments that may have affected the company's financial position. The company's financial statements and disclosures would need to be reviewed for more detailed information on recent events.

    The company's risk factors include a medium liquidity risk, which is primarily due to the negative free cash flow and operating cash flow. The dilution risk is low, suggesting that the company is not expected to issue a significant number of new shares in the near future. The company's capital structure is relatively strong, with a low debt-to-equity ratio of 0.01, indicating that the company is not heavily leveraged.

    Key takeaways
    • I88.AX is currently unprofitable with a negative net income and operating income.
    • The company has a negative free cash flow and operating cash flow, indicating cash flow challenges.
    • The company's return on equity and return on assets are significantly below the industry median.
    • The company's liquidity position is medium, with a current ratio of 1.47.
    • The company's debt-to-equity ratio is low, suggesting a relatively strong capital structure.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    A$0,14
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    A$11.8M
    Net cashⓘ
    -A$93.7k
    Current ratioⓘ
    1.5
    Debt / equityⓘ
    0.0
    ROAⓘ
    -20.7%
    ROEⓘ
    -24.3%
    Cash conversionⓘ
    69.0%
    CapEx / revenueⓘ
    —
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    ROE-24,3 %Below median
    D/E0,01Below median
    Cash Conv0,69Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Return On Assets
      net_income / total_assets
    Source documents
    • I88.AX Market data — financials · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    I88.AXCanonical
    ASX · AUD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-24 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage