Ion.Ax
ION.AX is a gold mining company that generates revenue primarily through the extraction and sale of gold, with operations focused in Western Australia.
Business. ION.AX is a gold mining company that generates revenue primarily through the extraction and sale of gold, with operations focused in Western Australia.
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- Macro
- 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
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
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Synthesis
ION.AX is a gold mining company that generates revenue primarily through the extraction and sale of gold, with operations focused in Western Australia.
ION.AX has a current liquidity position characterized by a debt-free balance sheet, with no long-term debt and a debt-to-equity ratio of 0.0. The company's total equity of AUD 7.45 billion supports a current ratio of 4.84, indicating strong short-term liquidity. However, the company reported negative operating cash flow of AUD -3.98 billion and free cash flow of AUD -4.59 billion in the latest period, suggesting operational challenges in generating positive cash flow.
Profitability metrics show significant underperformance relative to industry norms. The company reported a return on equity (ROE) of -61.99% and a return on assets (ROA) of -51.37%. These figures indicate that the company is not generating returns for shareholders or effectively utilizing its asset base, which is a concern for investors.
The company's revenue is concentrated in gold mining operations, with no disclosed diversification into other commodities or geographic regions. This concentration increases exposure to commodity price volatility and regional operational risks. No segment-specific revenue breakdown is available in the provided data.
The company's growth trajectory is currently negative, with a reported revenue of AUD 1.71 billion and a net loss of AUD 4.62 billion in the latest period. No forward-looking revenue growth estimates are provided, and the company's capital expenditure of AUD -39,880 suggests minimal investment in expansion or new projects.
Risk factors include low liquidity and the absence of immediate dilution risks. The company has no long-term debt and a strong equity position, but its negative cash flows and operating losses pose operational risks. No dilution sources were identified in the latest filings, and the company has not issued new shares recently.
No recent events, such as earnings calls, regulatory filings, or major operational updates, are disclosed in the provided data.
- ION.AX is a gold mining company with a strong equity position but negative cash flows and operating losses.
- The company's return on equity and return on assets are significantly negative, indicating poor profitability.
- Revenue is concentrated in gold mining, with no diversification into other commodities or regions.
- The company has no long-term debt and a strong current ratio, but its liquidity is constrained by negative operating cash flows.
- No immediate dilution risks are present, but the company's financial performance raises concerns about long-term sustainability.
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- No immediate filing-based liquidity or dilution flags were detected.
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- ION.AX Market data — financials · 2026-05-28