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AXP Energy
(Sydney:AXP)
AXP Energy (AXP) vs. iShares MSCI Australia ETF (EWA)
AXP Energy Business Overview & Revenue Model
AXP Energy Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 643.22K | 19.49M | 20.62M | 4.11M | 409.98K |
| Gross Profit | 643.22K | 13.27M | 6.60M | 873.63K | -1.07M |
| EBITDA | -644.31K | -7.93M | 4.37M | 6.42M | ― |
| Net Income | -4.46M | -6.13M | 606.95K | 3.92M | ― |
Balance Sheet | |||||
| Total Assets | 8.57M | 31.46M | 30.58M | 27.51M | 10.86M |
| Cash, Cash Equivalents and Short-Term Investments | 1.46M | 783.88K | 3.39M | 1.04M | 887.13K |
| Total Debt | 0.00 | 1.06M | 1.18M | 1.77M | 2.31M |
| Total Liabilities | 2.52M | 9.59M | 13.91M | 13.72M | 6.27M |
| Stockholders Equity | 6.05M | 15.81M | 16.68M | 13.79M | 4.59M |
Cash Flow | |||||
| Free Cash Flow | -2.71M | -2.27M | 2.46M | ― | ― |
| Operating Cash Flow | -3.89M | -1.86M | 4.46M | -777.15K | -976.67K |
| Investing Cash Flow | 4.25M | -1.47M | -2.67M | ― | ― |
| Financing Cash Flow | -756.53K | -572.74K | 1.79M | 2.00M | 2.73M |
AXP Energy Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | 21.53B | 14.54 | 14.92% | 4.78% | 6.48% | 6.25% | |
65 Neutral | 22.36B | 14.14 | 7.88% | 5.33% | -5.81% | -17.90% | |
60 Neutral | 2.71B | -61.98 | -1.39% | 7.53% | 17.16% | 90.79% | |
53 Neutral | 47.42M | 6.06 | ― | ― | 17.42% | -38.46% | |
38 Underperform | $6.68M | ― | -16.77% | ― | -91.48% | 30.00% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
AXP Energy Corporate Events
AXP Energy Limited reported a successful 60-day gas-to-power trial at its Pathfinder Field in Colorado, delivering 1.5 MW of off-grid power and marking the first monetization of gas from these leases. The company achieved maiden natural gas revenue and is expanding its operations with the support of BitFuFu, Inc. to scale up bitcoin mining activities. AXP is also working on increasing oil production and stabilizing gas flows to support its power generation initiatives. Financially, the company saw a slight decrease in oil production due to winter conditions but maintained cash flow through strategic financing activities.
AXP Energy Limited has announced a General Meeting for its shareholders, scheduled to take place on May 7, 2025, in Sydney, Australia. The meeting will be held in person, and shareholders are encouraged to attend or submit their votes by proxy if they cannot be present. The meeting will address matters that impact shareholders’ interests, and voting is now open online. Shareholders are advised to submit their votes by May 5, 2025, to ensure they are counted.
AXP Energy Limited has announced the appointment of James Dack as a new director, effective from March 24, 2025. The announcement details that James Dack holds 83,166,666 ordinary shares through Sunshine Group Investments Pty Ltd. This appointment may influence the company’s strategic direction and stakeholder interests, as directors often play a crucial role in shaping corporate governance and business strategies.
AXP Energy Limited has announced the advancement of its second gas-to-power-bitcoin site at the Pathfinder Field in Colorado. The company is scaling up its power generation capacity to 25 MW/hour by the end of 2025, utilizing stranded natural gas. The new production hub at the JW Powell well site is expected to be operational by May 2025, with additional generators and ASIC bitcoin miners being deployed. This expansion aligns with AXP’s strategy to create a new revenue stream through its joint development agreement with BitFuFu, Inc., enhancing its industry positioning and offering significant opportunities for growth.
AXP Energy Limited has appointed James Dack as a Non-Executive Director, bringing his extensive experience in the Australian residential property sector and strategic investment across various industries to the company. His appointment is expected to strengthen AXP’s board as the company pursues its growth strategy in the US energy sector, particularly in expanding gas-to-power activities and increasing oil production. This strategic move is anticipated to enhance the company’s operations and provide value for shareholders.
AXP Energy Limited has successfully completed a 14-day gas-to-power trial at its Pathfinder production hub in Colorado, achieving 1.5 MW/hour of electricity with over 90% uptime post-trial. The company has partnered with NASDAQ-listed BitFuFu, a leading bitcoin miner, to expand operations to 25 MW/hour by the end of 2025, utilizing its substantial gas resources. This collaboration marks a significant step in scaling up AXP’s bitcoin mining capabilities, positioning the company for further growth in North America.
AXP Energy Limited has released its half-year report for the period ending December 31, 2024. The report includes comprehensive financial statements, such as the consolidated profit or loss, financial position, changes in equity, and cash flows. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months, although specific implications for the company’s operations or industry positioning are not detailed in the text.
AXP Energy Limited has announced the cessation of Robert Edward Lees as a director, effective February 28, 2025. This change in the board of directors could impact the company’s strategic direction and stakeholder interests, as Lees held a significant interest in the company through 2,000,000 ordinary fully paid shares.
AXP Energy Limited has appointed Dan Lanskey as the new Managing Director and CEO, effective March 1, 2025, following his role as a Non-Executive Director. Lanskey has been instrumental in the development of a gas-to-power project in Colorado, which is successfully delivering power to Blackhart Technologies’ bitcoin miners. The company plans to expand its gas-fired power generation capacity to 25MW by the end of 2025, leveraging its substantial contingent gas resources. This leadership change is seen as a strategic move to enhance AXP’s growth and value, with Lanskey committed to engaging with shareholders and expanding operations.
AXP Energy Limited has issued 750,000,002 fully paid ordinary shares at $0.0015 each, raising a total of $1,125,000. This move, conducted without disclosure to investors under specific provisions of the Corporations Act, reflects a strategic capital restructuring aimed at supporting the company’s ongoing operations and growth initiatives in the oil and gas sector. The company’s compliance with the necessary legal provisions ensures transparency and adherence to regulatory requirements, potentially strengthening its market position and offering reassurance to stakeholders.
AXP Energy Limited has announced a new issuance of 750,000,002 ordinary fully paid securities to be quoted on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and reflects the company’s strategy to enhance its market presence and potentially increase its capital base.
AXP Energy Limited has announced an increase in oil production at its Pathfinder Field, highlighting its strategic integration of gas-to-power operations to support Bitcoin mining activities. The company’s development plans include bringing additional wells online, which are expected to enhance overall production capacity and increase proven reserves, potentially unlocking significant value for stakeholders.
AXP Energy Limited has launched its first two modular data centers at the Pathfinder Lease in Colorado, in collaboration with Blackhart Technologies. These centers are powered by gas from AXP’s Pathfinder #2 well and are part of a strategic initiative to convert gas to power for bitcoin mining operations. This development marks a new revenue stream from gas-to-power generation and increased oil production, enhancing AXP’s market presence in the energy sector. The company plans to expand its operations to meet growing demand for off-grid power solutions in the USA, supported by federal initiatives, and aims to tap into its substantial gas reserves for further growth.