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PXX.AX ASX Diversified Mining

Polarx Ltd

A$0,02
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Mcap
57,2M AUD
P/E
EV / Rev
Div yield
Op margin
-1 640 645,5 %
ROE
-4,9 %
Net margin
-1 640 645,5 %
Debt / equity
0,08
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Polarx Ltd is a diversified mining company operating in the basic materials sector, primarily engaged in the exploration and production of minerals.

Business. Polarx Ltd (PXX.AX) is a diversified mining company operating within the Basic Materials sector. The firm is headquartered in Australia and is primarily listed on the Australian Securities Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

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
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
-4,9 %
return on equity
Quality
not yet scored

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 PXX.
  • Sector rotation

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

    Developing storylines

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

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-07-26 ↑ 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

    Synthesis

    Business

    Polarx Ltd (PXX.AX) is a diversified mining company operating within the Basic Materials sector. The firm is headquartered in Australia and is primarily listed on the Australian Securities Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

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

    Polarx Ltd's capital structure is characterized by a low debt-to-equity ratio of 0.08, indicating a conservative leverage position. The company's liquidity is assessed as medium, with a current ratio of 1.04, suggesting it has just enough current assets to cover its current liabilities. However, the company's net cash position is negative after subtracting total debt, which could pose a liquidity risk.

    In terms of profitability, Polarx Ltd is underperforming relative to industry standards. The company reported a net loss of -1,804,710 AUD, resulting in a negative return on equity of -4.89% and a negative return on assets of -4.5%. These figures indicate that the company is not generating returns that meet the cost of capital, which is a significant concern for investors.

    The company's revenue concentration is not disclosed in the provided data, but the absence of segment-specific revenue details suggests that Polarx Ltd may not have a diversified revenue stream. This lack of diversification could expose the company to higher risks if any particular segment or geographic region experiences a downturn.

    Polarx Ltd's growth trajectory is currently negative, with a significant decline in operating income and net income. The company's free cash flow is also negative at -4,792,040 AUD, indicating that it is not generating sufficient cash from operations to fund its capital expenditures. The outlook for the next fiscal year is not provided, but the current financial performance suggests a challenging path ahead.

    The risk assessment for Polarx Ltd highlights a medium liquidity risk and a low dilution risk. The company's negative net cash position after subtracting total debt is a key flag, indicating potential difficulties in meeting short-term obligations. The dilution risk is assessed as low, suggesting that the company is not expected to issue additional shares in the near term, which could help maintain shareholder value.

    Recent events and filings for Polarx Ltd are not detailed in the provided data. However, the company's financial performance and liquidity position suggest that it may need to secure additional financing or implement cost-cutting measures to improve its financial health. Investors should monitor any new filings or announcements for further insight into the company's strategic direction.

    Key takeaways
    • Polarx Ltd is a diversified mining company with a conservative capital structure but is currently experiencing significant financial losses.
    • The company's negative returns on equity and assets indicate poor profitability and underperformance relative to industry standards.
    • The lack of segment-specific revenue data suggests potential revenue concentration risks.
    • Polarx Ltd's negative free cash flow and liquidity position highlight the need for improved financial management and potential financing.
    • The company's dilution risk is low, which is a positive factor for shareholders.
    • Investors should closely monitor the company's financial performance and any new filings for strategic updates.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    A$0,02
    Market cap
    A$57.2M
    Enterprise value
    A$57.4M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    1.6x
    P / Tangible book
    1.6x
    Tangible book
    A$36.9M
    Net cash
    -A$204.2k
    Current ratio
    1.0
    Debt / equity
    0.1
    ROA
    -4.5%
    ROE
    -4.9%
    Cash conversion
    102.0%
    CapEx / revenue
    -27240.1%
    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

    Op Margin-1 640 645,4 %Bottom quartile
    Net Margin-1 640 645,4 %Bottom quartile
    ROE-4,9 %Above median
    Capex / Rev-2 724 009,1 %Bottom quartile
    D/E0,08Bottom quartile
    Cash Conv1,02Above 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
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    Source documents
    • Polarx Ltd Market data — financials · 2026-05-29

    Ownership & reference

    Leadership

    • Mark Trevor BojanjacExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    PXX.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 2026-07-26 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage