Breakdown | ||||
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
40.05M | 41.15M | 96.29M | 70.50M | 0.00 | Gross Profit |
15.21M | 1.31M | 11.88M | 6.23M | 0.00 | EBIT |
2.99M | -487.66K | -1.61M | 1.23M | -490.15K | EBITDA |
7.23M | 2.97M | -681.85K | 1.54M | -262.00K | Net Income Common Stockholders |
667.95K | -1.30M | -2.60M | 817.35K | -680.47K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
2.60M | 2.05M | 5.35M | 161.92K | 264.51K | Total Assets |
43.42M | 38.94M | 39.76M | 11.40M | 269.84K | Total Debt |
30.35M | 28.11M | 22.40M | 3.26M | 632.93K | Net Debt |
27.75M | 26.06M | 17.05M | 3.10M | 368.42K | Total Liabilities |
35.86M | 32.04M | 32.18M | 11.03M | 759.37K | Stockholders Equity |
7.55M | 6.90M | 7.59M | 373.03K | -489.53K |
Cash Flow | Free Cash Flow | |||
3.91M | -11.73M | -16.24M | -994.41K | -494.79K | Operating Cash Flow |
4.52M | 2.85M | -733.38K | -843.55K | -494.79K | Investing Cash Flow |
430.24K | -12.28M | -16.79M | -149.84K | -42.00 | Financing Cash Flow |
-4.40M | 6.13M | 22.71M | 949.83K | 464.15K |
SSH Group Ltd has signed a binding agreement to acquire Total Contract Mining, a move that aligns with its strategic growth plans and enhances its mining capabilities. The acquisition involves key leadership appointments, including Mr. Sam Baker as Chief Operating Officer and Mr. Kevin Malaxos as a Non-Executive Director, with performance-based incentives tied to future profitability, indicating a strong focus on achieving financial targets and operational integration.
SSH Group Ltd announced the resignation of Carly Terzanidis from her role as Joint Company Secretary, with Jennifer Voon continuing as the Company Secretary for the company and its subsidiaries. This change in company secretarial roles is part of SSH Group’s ongoing operational adjustments, reflecting its commitment to maintaining effective governance and continuity in its leadership structure.
SSH Group Ltd has signed a non-binding term sheet to acquire Total Contract Mining (TCM), a move that aligns with its strategy to enhance its mining services and solidify its standing in the Australian resources sector. The acquisition will integrate experienced mining professionals into SSH, with a focus on achieving strategic growth through a performance-based consideration structure involving cash and equity. This transaction is expected to bolster SSH’s capabilities in both underground and surface mining, offering a comprehensive suite of services.
SSH Group Ltd has appointed Ms. Jennifer Voon as Joint Company Secretary, effective March 4, 2025. With over a decade of experience in financial services, Ms. Voon will focus on capital markets, regulatory compliance, and market operations, working alongside Ms. Terzanidis. This strategic appointment aims to enhance SSH Group’s compliance and communication with the ASX, potentially strengthening its operational and industry positioning.
SSH Group Ltd. released its half-year financial report for December 2024, detailing its financial performance and position. The report includes comprehensive financial statements and notes, providing insights into the company’s operations and financial health. This financial disclosure is crucial for stakeholders to assess the company’s market positioning and operational strategies.
SSH Group Ltd has reported its interim financial results for the half-year ending December 31, 2024, showing a 5% increase in revenue to $19.29 million and a 6% rise in EBITDA to $3.36 million compared to the previous year. The company’s profit before tax surged by 165% to $48,319, and net profit attributable to members increased by 188% to $33,314. Despite these positive financial outcomes, the company does not propose to pay dividends for this period, which may impact shareholder expectations.
SSH Group Ltd. has announced significant advancements in its Mining Services division, including securing a preferred tenderer status for a turnkey mining solution at Western Gold Resources’ Gold Duke Project and forming a strategic alliance with Pure Resources for the Reedy Creek Garnet Project. These developments are part of SSH’s strategy to enhance its market position and drive growth through strategic partnerships and profit-sharing arrangements in the Australian resources sector.