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Lithium Australia NL (LIT) AI Stock Analysis

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AU:LIT

Lithium Australia NL

(ASX:LIT)

Select Model
Rating:46Neutral
Price Target:AUD 0.01â–²(66.67% Upside)
Action:reiterated
Date:09/06/26

The score is primarily constrained by weak financial performance—persistent losses, inconsistent gross profit, and ongoing negative operating/free cash flow—despite strong revenue growth and only moderate current leverage. Valuation is also challenged by a negative P/E (loss-making) and no dividend data, while technical analysis is neutral due to missing indicator inputs.

Positive Factors
Material revenue expansionThe substantial increase in revenue demonstrates that Lithium Australia has expanded commercial activity across its battery-materials and recycling focus. If this scale can be maintained, it may provide a broader base from which operating leverage and improved profitability can eventually develop.
Negative Factors
Persistent unprofitabilityPersistent losses show that the business has not yet converted its battery-materials and recycling activities into a profitable operating model. Continued negative earnings can constrain reinvestment, weaken equity value, and require further funding before sustainable earnings are established.

Lithium Australia NL (LIT) vs. iShares MSCI Australia ETF (EWA)

-10%-5%0%5%10%15%20%AU:LIT-9.09%EWA+12.22%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Market Cap
AUD 8.69M
Dividend Yield
―
Average Volume (3M)
―
Price to Earnings (P/E)
-2.5
Beta (1Y)
0.68
Revenue Growth
-11.28%
EPS Growth
41.18%
Country
Australia
Employees
16
Sector
Industrials
Sector Strength
63
Industry
Waste Management

Lithium Australia NL Business Overview & Revenue Model

Company Description

Livium Ltd, an Australian entity established in West Perth in 2007, is engaged in both mineral exploration and the advancement of technology. Its operations are organized into distinct divisions: Battery Recycling, Battery Materials, Chemicals, and R...

How the Company Makes Money

null

Lithium Australia NL Financial Statement Overview

Summary

Revenue growth is strong over the period, but profitability is persistently weak with ongoing operating and net losses. Gross profit has been volatile and turned negative in the latest year, while operating cash flow and free cash flow remain negative despite some recent improvement. Balance sheet leverage is currently moderate, but equity has declined and returns are strongly negative due to continued losses.

Income Statement

18Very Negative

Balance Sheet

46Neutral

Cash Flow

22Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue6.13M6.13M6.91M6.71M5.49M2.94M
Gross Profit-5.31M-5.31M4.23M2.22M-9.75M-12.58M
EBITDA-6.29M-6.34M-4.55M-9.27M-4.13M-17.41M
Net Income-3.94M-4.04M-4.57M-10.77M-7.24M-20.63M
Balance Sheet
Total Assets18.69M18.69M19.84M18.48M25.08M21.93M
Cash, Cash Equivalents and Short-Term Investments3.23M3.23M4.36M5.92M15.61M5.87M
Total Debt4.04M4.04M5.82M4.21M1.29M1.77M
Total Liabilities11.28M11.28M13.18M15.11M7.72M10.71M
Stockholders Equity7.41M7.41M6.66M4.16M18.17M11.85M
Cash Flow
Free Cash Flow-3.36M-3.87M-8.61M-10.12M-10.29M-12.70M
Operating Cash Flow-2.78M-3.29M-5.35M-6.12M-8.61M-9.82M
Investing Cash Flow-1.94M-1.44M-1.88M-759.79K1.21M-2.53M
Financing Cash Flow3.36M3.36M6.23M2.56M11.60M5.81M

Lithium Australia NL Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

AU:LIT against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
AU:LPMAU:LPM47NeutralAUD 15.16M-40.00-1.58%――84.18%
AU:LITAU:LIT46NeutralAUD 11.46M-2.50-42.15%―-11.28%41.18%
AU:SGAAU:SGA45NeutralAUD 15.65M-4.31-10.76%――49.10%
AU:INFAU:INF42NeutralAUD 4.24M-1.61-20.26%――92.23%
AU:PATAU:PAT42NeutralAUD 14.30M-1.73-56.79%――26.38%
AU:EG1AU:EG139UnderperformAUD 8.30M-3.09-22.82%――93.04%

* Industrials Sector Average

Performance Comparison

0%100%200%AU:LITAU:INFAU:LPMAU:SGAAU:PATAU:EG1Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26
AU:LIT and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:LITLithium Australia NL0.01-0.00-9.09%
AU:INFInfinity Lithium Corporation Limited0.01-0.01-50.00%
AU:LPMLithium Plus Minerals Ltd.0.10-0.01-9.09%
AU:SGASarytogan Graphite Limited0.06-0.05-46.36%
AU:PATPatriot Lithium Ltd.0.04-0.00-7.14%
AU:EG1Evergreen Lithium Ltd.0.02-0.02-57.50%

Lithium Australia NL Corporate Events

Livium Extends Securities Purchase Plan Deadline to Boost Capital Raising

Sep 4, 2026

Livium Ltd, formerly known as Lithium Australia NL, is an ASX-listed company operating in the lithium and battery materials industry, offering investors exposure to the energy transition through its focus on lithium-related technologies and assets. T...

Livium Extends Share Purchase Plan to Boost Recycling Growth Funding

Sep 4, 2026

Livium Ltd has extended the closing date of its current Share Purchase Plan to 5:00 p.m. AEST on 11 September 2026 to give eligible shareholders more time to consider and submit applications. The board reports that applications are being received dai...

Livium Ltd Seeks ASX Quotation for 11.7 Million New Shares

Sep 3, 2026

Livium Ltd has applied to the ASX for quotation of 11,718,750 new fully paid ordinary shares under the ticker LIT, with an issue date of 3 September 2026. The application, lodged as a new Appendix 2A announcement, signals an expansion of the company&...

Livium Issues New Share Tranche to Support Recycling Growth

Sep 3, 2026

Livium Ltd has issued 11,718,750 fully paid ordinary shares to Lind as tranche shares, as previously outlined in its late-July announcement. The company confirms these shares were issued without a prospectus under the Corporations Act disclosure prov...

Livium Narrows Loss as Battery Recycling Grows but Margins Tighten

Aug 27, 2026

Livium reported FY26 revenue of $6.1 million, all from its Envirostream recycling division, with gross profit falling to $2.8 million as higher costs compressed margins and overall sales declined from the prior year. The group’s net loss narrow...

Livium outlines circular material recovery focus and investor risk cautions

Aug 10, 2026

Livium Ltd has released an investor presentation outlining its role as an Australian platform for circular material recovery, with securities traded on the ASX under code LIT. The document emphasises that the presentation is informational only and no...

Livium to Host Shareholder Webinar as It Expands Clean‑Energy Recycling Operations

Aug 5, 2026

Livium Ltd will host a shareholder webinar on Tuesday, 11 August 2026, led by managing director and CEO Simon Linge, to provide investors with an opportunity to engage directly with management and ask questions about the business. The session, access...

Livium launches share purchase plan to fund clean-energy recycling expansion

Aug 5, 2026

Livium Ltd has launched a Share Purchase Plan for eligible shareholders in Australia and New Zealand, offering up to A$30,000 of new ordinary shares per investor at an issue price of $0.0082, with applications available in preset parcels and no broke...

Livium Issues 83 Million Unquoted Options in Capital Structure Move

Aug 3, 2026

Livium Ltd has notified the market of the issue of 83,333,333 unquoted options exercisable at $0.012 and expiring on 3 August 2030, under an Appendix 3G filing. These options form part of a previously announced capital structure plan and are not inte...

Livium seeks ASX quotation for 100 million new shares

Aug 3, 2026

Livium Ltd has applied to the ASX for quotation of 100 million new ordinary fully paid shares under the code LIT, with an issue date of 3 August 2026. The large-scale share quotation, tied to previously announced transactions, signals a significant c...

Livium issues new shares and options to support battery recycling expansion

Aug 3, 2026

Livium Ltd has issued 100 million new shares and 83.33 million unlisted options, following a prior announcement, and lodged the relevant regulatory appendices with the ASX. The company stated that the shares were issued without a disclosure document...

Livium Deepens Battery Recycling Partnerships as Margins Compress

Jul 30, 2026

Livium reported quarterly revenue of A$1.65 million and gross profit of A$0.64 million from Envirostream, as battery collections reached 231 tonnes but margins fell due to a higher share of complex non‑lithium battery volumes. Management acknow...

Livium Plans Major Equity Issue with New Shares and Long-Dated Options

Jul 30, 2026

Livium Ltd has notified the ASX of a proposed issue of securities under a placement or similar structure, comprising up to 432,758,445 new fully paid ordinary shares and 83,333,333 options with an exercise price of $0.012 and a four-year term. The ne...

Livium launches major share purchase plan to raise equity capital

Jul 30, 2026

Livium Ltd has announced a securities purchase plan under which it may issue up to 619,310,135 new ordinary fully paid shares to eligible shareholders. The offer, with a record date of 29 July 2026 and an issue date of 11 September 2026, is intended...

Livium raises flexible funding to drive battery recycling and SPP

Jul 30, 2026

Livium Ltd has secured A$1.575 million in initial gross funding from Lind Global Fund III LP via a share subscription and monthly share purchase structure, with minimum funding of A$2.4 million over 12 months and potential capacity up to A$11.75 mill...

Livium Seeks ASX Trading Halt Ahead of Proposed Capital Raising

Jul 28, 2026

Livium Ltd has requested and received a trading halt on its securities from the ASX, effective 29 July 2026, as it prepares to release an announcement to the market. The halt will remain in place until either normal trading resumes on 31 July 2026 or...

Livium ramps up battery recycling volumes after new plant commissioning

Jul 7, 2026

Livium has completed commissioning a dedicated processing plant at Envirostream’s Campbellfield facility, funded under a variation to its recycling agreement with metal recycler Sell & Parker. The plant is designed to handle materials conta...

Livium advances AI‑driven battery sorting with Oscorp to pave way for robotic recycling

Jul 6, 2026

Livium Ltd has advanced its collaboration with Sydney‑based deep‑technology firm Oscorp Energy to develop AI‑enabled battery sorting intelligence for its Envirostream recycling operations. Hyperspectral vision sensors have been depl...

Livium seeks ASX quotation for 260,000 new shares

Jun 29, 2026

Livium Ltd has applied to the ASX for quotation of 260,000 new ordinary fully paid shares under its existing ticker LIT, following the issue of these securities on June 26, 2026. The additional shares, arising from the exercise or conversion of exist...

Livium Issues 260,000 Shares on Option Exercise, Affirms Compliance

Jun 29, 2026

Livium Ltd has issued 260,000 ordinary shares following the exercise of options, notifying investors that the shares were issued without a disclosure document under the Corporations Act. The company stated it is fully compliant with its financial rep...

Livium Ltd options lapse, trimming potential future dilution

Jun 29, 2026

Livium Ltd has announced the lapse of 1,040,000 LITAZ options, which were due to expire on 31 December 2028 at nil exercise price, after the conditions attached to these options were not met or became incapable of being satisfied by 26 June 2026.The...

Livium Targets AI Data Centre Battery Recycling as New Growth Avenue

Jun 24, 2026

Livium is extending its recycling and critical mineral recovery operations to tap the growing volume of backup batteries used by AI-driven data centres in Australia. Through its Envirostream unit, the company aims to provide onshore, auditable recycl...

Livium seals CATL recycling framework to bolster regional battery circularity

Jun 8, 2026

Livium Ltd has formalised its relationship with Contemporary Amperex Technology (Hong Kong) Limited, a subsidiary of the world’s largest lithium-ion battery maker CATL, through a new Recycling Services Framework Agreement. Under the deal, Envir...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 06, 2026