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Reedy Lagoon Corporation Limited
(Sydney:RLC)
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Rating:44Neutral
Price Target:―
Action:Reiterated
Date:10/04/26
The score is primarily driven down by very weak financial performance—zero/immaterial revenue, persistent losses and cash burn, and a stressed balance sheet with negative equity and rising debt. With no usable technical indicators and a negative P/E (loss-making) plus no dividend yield data, there are limited offsetting positives.
Positive Factors
Narrowing Net Loss
The reduction in annual losses indicates some improvement in cost control and financial performance, even though the company remains unprofitable. If maintained, lower losses could extend available funding and provide a foundation for future operating improvement.
Negative Factors
No Meaningful Revenue
The absence of meaningful revenue indicates that the company has not yet demonstrated commercial scale or a dependable source of operating income. Without top-line traction, future profitability remains difficult to establish and the business has limited evidence of sustainable customer demand.
Read all positive and negative factors
Positive Factors
Negative Factors
Narrowing Net Loss
The reduction in annual losses indicates some improvement in cost control and financial performance, even though the company remains unprofitable. If maintained, lower losses could extend available funding and provide a foundation for future operating improvement.
Read all positive factors
Reedy Lagoon Corporation Limited (RLC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$1.55M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)1.80
Revenue GrowthN/A
EPS Growth33.33%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)<0.01
Shares Outstanding776,706,670
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)-1.72
Price to Sales (P/S)0.00
P/FCF Ratio-5.69
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Reedy Lagoon Corporation Limited Business Overview & Revenue Model
Company Description
Established in 1986 and headquartered in Melbourne, Australia, Reedy Lagoon Corporation Limited is an exploration company engaged in the search for mineral deposits across Australia and the United States. The firm primarily targets lithium, iron o...
Reedy Lagoon Corporation Limited Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
4
Very Negative
Cash Flow
5
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 1.01K | 1.89K | 1.66K | 99.00 |
| Gross Profit | 0.00 | 1.01K | 1.89K | 1.66K | 99.00 |
| EBITDA | -285.41K | -397.78K | -657.76K | -768.00K | -1.39M |
| Net Income | -326.73K | -416.27K | -668.00K | -773.00K | -1.39M |
Balance Sheet | |||||
| Total Assets | 49.31K | 107.07K | 104.27K | 223.14K | 710.43K |
| Cash, Cash Equivalents and Short-Term Investments | 44.42K | 97.86K | 62.62K | 206.59K | 551.99K |
| Total Debt | 640.00K | 420.00K | 350.00K | 200.00K | 0.00 |
| Total Liabilities | 953.27K | 686.46K | 583.12K | 406.94K | 242.44K |
| Stockholders Equity | -903.97K | -579.39K | -478.85K | -183.80K | 467.99K |
Cash Flow | |||||
| Free Cash Flow | -273.22K | -357.09K | -653.59K | -655.08K | -1.49M |
| Operating Cash Flow | -273.22K | -357.09K | -653.59K | -655.08K | -1.49M |
| Investing Cash Flow | 0.00 | 8.29K | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 220.00K | 384.33K | 519.75K | 310.58K | 1.68M |
Reedy Lagoon Corporation Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | AU$2.45M | -3.50 | -8.20% | ― | ― | -17.65% | |
52 Neutral | AU$3.69M | -10.00 | -20.84% | ― | ― | -160.00% | |
44 Neutral | AU$1.55M | -7.13 | 40.36% | ― | ― | 33.33% | |
33 Underperform | AU$2.19M | -4.00 | -31.49% | ― | ― | 18.18% |
* Basic Materials Sector Average
AU:RLC
Reedy Lagoon Corporation Limited
―
―
―
AU:GCR
Golden Cross Resources Ltd
0.01
0.00
0.00%
AU:CLZ
Classic Minerals Ltd.
0.01
0.00
0.00%
AU:AYM
Australia United Mining Limited
―
―
―
AU:PNT
Panther Metals Ltd.
0.01
0.00
0.00%
Reedy Lagoon Corporation Limited Corporate Events
Reedy Lagoon Outlines ASX-Aligned Governance for 2026
Sep 30, 2026
Reedy Lagoon Corporation Limited has detailed its corporate governance framework for the year ended 30 June 2026, aligning its practices with the Australian Securities Exchange Corporate Governance Principles and Recommendations. The statement con...
Reedy Lagoon Releases Comprehensive 2026 Annual Report
Sep 30, 2026
Reedy Lagoon Corporation Limited operates in the resources exploration and development industry, managing a suite of tenements that underpin its project portfolio and growth prospects. The company reports as a consolidated entity, publishing detai...
Reedy Lagoon Confirms Compliance With ASX Governance Standards
Sep 30, 2026
Reedy Lagoon Corporation Limited, an ASX-listed resources company, highlights its adherence to recognised corporate governance standards through a dedicated governance framework. It discloses board responsibilities, management oversight, and key r...
Reedy Lagoon Seeks Shareholder Backing for $1.8m Recapitalisation Placement
Sep 22, 2026
Reedy Lagoon Corporation Limited has called an extraordinary general meeting for 22 October 2026 in Melbourne to seek shareholder approval for a major recapitalisation via a fully underwritten placement. The proposed issue involves 1.44 billion ne...
Reedy Lagoon Calls October EGM to Approve $1.8m Recapitalisation
Sep 22, 2026
Reedy Lagoon Corporation Limited has called an Extraordinary General Meeting (EGM) for 22 October 2026 in Melbourne to seek shareholder approval for a fully underwritten placement raising $1.8 million. The recapitalisation is intended to strengthe...
Reedy Lagoon Announces New Director Appointment and Confirms No Current Shareholding
Sep 11, 2026
Reedy Lagoon Corporation Limited, an Australian-listed entity, has reported a change in its board composition without detailing its underlying industry, product lines, or core services. The disclosure centers on governance matters rather than busi...
Reedy Lagoon Files Final Director Interest Notice for Geoffrey Fethers
Sep 11, 2026
Reedy Lagoon Corporation Limited has announced that director Geoffrey H. Fethers ceased to be a director on 9 September 2026, triggering the release of a final director’s interest notice under ASX listing rule 3.19A.3. The notice details Fet...
Reedy Lagoon Plans Major Share and Option Issue to Boost Capital Base
Sep 9, 2026
Reedy Lagoon Corporation Limited, an ASX-listed mineral exploration company trading under the ticker RLC, focuses on discovering and developing resource projects and typically finances its operations through placements and other equity market tran...
Reedy Lagoon launches $1.8m recapitalisation and reshapes leadership
Sep 8, 2026
Reedy Lagoon Corporation Limited has announced a $1.8 million fully underwritten equity placement as part of a broader recapitalisation that will materially strengthen its balance sheet. The placement will more than double the company’s shar...
Reedy Lagoon Faces Access Setback but Advances Burracoppin Exploration Plans
Jul 30, 2026
Reedy Lagoon Corporation Limited reported that its Burracoppin Gold project in Western Australia remains at the exploration stage, with planned proof‑of‑concept drilling aimed at testing whether fine‑fraction soil geochemistry ca...
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.