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Resource Development Group Limited (ASX: RDG) - Financials

Current share price for RDG : $0.037 0.002 (5.71%)

Resource Development Group Limited (RDG) provides the provision of contracting and construction services to the mining sector within Australia, development of the Company's Lucky Bay Garnet Project including the establishment of seven wind turbines and continued progress of the Ant Hill/Sunday Hill manganese project.

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RDG Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2023 $0.02 0.3 ¢ 0.5 ¢ 0 ¢ 0% $0.04 11.6 76.3% 31.8%
2022 $0.02 0.2 ¢ 0.1 ¢ 0 ¢ 0% $0.03 45.7 275.5% -2.4%
2021 $0.03 0.6 ¢ 0 ¢ 0 ¢ 0% $0.03 506 4284.2% 40%

RDG Capital Structure

Total Debt Interest Long Term Debt Percent Debt Preferred Stock Share Equity Percent Equity
$97,383 $278.50 $95,141 47% $0.00 $107,244 53%
Note: All dollars in thousands ('000) for the table above

RDG Historical Financials

2023 2022 2021
Revenue ($M) 55.7 50.7 67.1
Operating Margin (%) 33.5 12.9 3.2
Depreciation ($M) -1.6 -1.5 -1.2
Amortisation ($M)
Net Profit Before Abs ($M) 13.8 3.4 0.3
Net Profit After Abs ($M) 13.7 3.6 1.1
Income Tax Rate (%) 31.2 30.4 55.6
Net Profit Margin (%) 24.8 6.8 0.5
Employees ($T)
Long Term Debt ($M) 95.1 44.3 2
Shareholders Equity ($M) 107.2 89.8 85.7
Return on Capital (%) 7 3
Return on Equity (%) 12.9 3.8 0.4
Payout Ratio (%)

RDG Cashflow

2023 2022 2021
Customer Receipts ($M) 52 59 86
Net Operating Cashflow ($M) 9.2 5.02 16.64
Net Investing Cashflow ($M) -27 -19 1
Net Financing Cashflow ($M) 7 6 -5

RDG Market & Earnings

2023 2022 2021
Market Cap ($M) 156 118 118
Net Gearing (%) 87.2 45.1 -24.4
Net Interest Cover (%) -5.64 58.74 10.34
Dividend Yield (%)
NTA Per Share ($) 0.04 0.03 0.03
EBITDA ($M) 18.64 6.53 2.12
EBIT ($M) 17.04 5.07 0.95
EBT Before Abs ($M) 20.07 4.98 0.86

RDG Balance Sheet

2023 2022 2021
Cash ($M) 3.92 15.37 23.9
Debtors ($M) 5.87 2.68 8.77
Other Debtors ($M) 0.09 1.06 0.99
Prepayments ($M) 1.2 0.99 0.48
Inventories ($M) 6.86 0.94 0.89
Current Investments ($M)
Other Current Assets ($M)
Total Current Assets ($M) 17.9 21 35
Receivables ($M)
Inventories ($M)
Property, Plant & Equipment ($M) 190.7 122.5 53.5
Accumulated Depreciation ($M) -2.12 -20.26
Intangibles ex. Goodwill ($M)
Goodwill ($M)
Future Income Tax Benefit ($M) 1.56 2.5 1.75
Non-Current Investments ($M)
Other Non-Current Assets ($M) 28.4 27.8 49.9
Total Non-Current Assets ($M) 218.5 152.7 84.9
Total Assets ($M) 236.5 173.8 120
Accounts Payable ($M) 15.6 19.8 27.4
Provisions ($M) 2.63 1.89 1.29
Short Term Debt ($M) 2.24 11.64 1.02
Other Current Liabilities ($M)
Total Current Liabilities ($M) 20.5 33.3 29.7
Creditors ($M) 0.4 0.6
Long Term Debt ($M) 95.14 44.28 1.99
Provisions ($M) 13.21 5.76 2.6
Other Non-Current Liabilities ($M)
Total Non-Current Liabilities ($M) 108.75 50.64 4.59
Total Liabilities ($M) 129.3 83.9 34.3
Share Capital ($M) 75 75 75
Reserves ex. Share Premium ($M) 4.51 0.85 0.32
Share Premium Reserve ($M)
Retained Profits ($M) 27.74 14.01 10.4
Other Shareholders Equity ($M)
Convertible Equity ($M)
Outside Equity Interest ($M) -0.02 -0.02
Total Shareholders Equity ($M) 107.2 89.8 85.7

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