MEC Resources Ltd

MEC Resources Ltd

AASX:MMR
0.00
AUD
0.00
(0.00%)
0.00EPS
MEC Resources Ltd
ASX:MMR
(Australian Securities Exchange)

Recent

price

0.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
AUD
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
-0.02
-0.02
-0.05
-0.01
-0.01
-0.01
- -
- -
-0.03
- -
- -
- -
-0.01
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.03
0.08
0.03
0.02
0.01
0.01
0.06
0.06
0.02
0.02
0.01
0.01
0.04
0.04
0.01
- -
Book Value per Share
0.03
0.08
0.03
0.02
0.01
0.01
0.06
0.06
0.02
0.02
0.01
0.01
0.04
0.04
0.01
- -
Tangible Book Value per Share
151
181
194
194
194
206
230
230
310
348
650
684
207
246
1,011
1,850
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
-40,375.26
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-3
-4
-9
-2
-1
-2
-1
-1
-10
-1
-3
-1
-1
- -
- -
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-31,024.24
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
17
6
4
3
- -
- -
-1
-1
- -
-1
-1
-2
2
1
-1
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8
6
- -
- -
LT Debt
24
46
37
34
32
30
29
28
11
10
8
7
11
10
7
- -
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-68.57
-42.19
-90.17
-43.68
-45.05
-98.62
-11.93
-5.63
-80.76
-16.63
-32.41
-10.84
-12.33
-4.53
-5.64
- -
Return on Common Equity (%)

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
Business
MEC Resources Limited (ASX:MMR) is an Australia-based pooled development fund that invests in exploration companies targeting large energy and mineral discoveries, providing development and exploration funding to advance projects toward listing on the Australian Securities Exchange. The company offers shareholders tax-free dividends and capital gains on share sales due to its registration as a Pooled Development Fund by the Australian Federal Government; its primary investment is a non-controlling 38.27% interest in Advent Energy Ltd, which holds onshore and offshore petroleum exploration assets including Petroleum Exploration Permit PEP11 (85%) in the offshore Sydney Basin and Retention Licence RL1 (100%) in the onshore Bonaparte Basin, Northern Territory, encompassing conventional and unconventional targets. Founded in 2005 and headquartered in South Perth, Western Australia, MEC Resources operates principally in Australia with a focus on the energy and mineral resources sectors. Recent developments include the completion of a non-renounceable entitlement offer in October 2024 raising approximately A$2.65 million before costs, supported by existing shareholders and shortfall placement by Sixty-Two Capital Pty Ltd; subsequent reinstatement to ASX quotation on November 29, 2024 following pre-reinstatement disclosures; a placement of up to 359 million new options at A$0.001 each announced in December 2025 to raise A$359,162; advancements of A$500,000 to Advent Energy; and ongoing updates related to PEP11 judicial review proceedings and settlements in federal court as of early 2025.