Tharisa plc

Tharisa plc

TIHRF
Tharisa plcUS flagOther OTC
1.48
USD
- -
- -
438.51MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
0.89
0.97
0.97
0.86
1.36
1.56
1.3
1.52
2.22
2.4
2.17
2.41
2.26
Basic EPS, GAAP
-0.2
-0.2
0.02
0.05
0.22
0.19
0.04
0.16
0.37
0.54
0.27
0.28
0.27
Free Cash Flow per Basic Share
-0.11
-0.01
0.07
0.04
0.19
0.19
0.1
0.01
0.38
0.24
0.26
0.01
-0.09
Dividend per Share
- -
- -
- -
- -
0.01
0.07
0.03
- -
0.08
0.08
0.07
0.04
0.05
Book Value per Share
-0.69
- -
- -
-0.75
0.17
0.3
0.3
0.46
0.74
1.26
1.43
2.85
1.93
Tangible Book Value per Share
-0.23
0.84
0.7
0.78
1.05
1.14
1.09
1.2
1.67
2.17
2.25
2.58
2.81
Basic Weighted Avg Shares
242
248
255
256
257
260
263
267
269
286
300
299
296
Sales/Revenue/Turnover
215
241
247
220
349
406
343
406
596
686
650
721
670
Operating Margin (%)
-0.31
2.43
7.44
14.93
27.58
17.3
6.82
23.83
27.53
28.42
15.27
16.57
18.72
Depreciation Expense
12
11
10
10
17
30
27
28
36
39
39
55
65
Net Income, GAAP
-48
-49
5
14
58
48
11
43
100
154
82
83
79
Effective Tax Rate (%)
- -
- -
37.55
28.1
25.63
21.56
24.91
27.46
28.99
24.1
24.11
29.77
31.23
Profit Margin (%)
-22.44
-20.35
1.87
6.29
16.48
11.92
3.1
10.66
16.85
22.43
12.65
11.49
11.81
Working Capital
-267
-1
-10
1
63
92
67
92
169
207
248
184
190
LT Debt
85
64
36
22
4
27
20
16
21
23
76
50
31
Total Equity
-54
210
179
202
272
298
289
321
451
620
675
780
848
Return on Invested Capital (%)
- -
- -
4.13
9.21
24.53
15.77
4.74
18.42
26.26
25.21
10.01
9.83
9.3
Return on Capital (%)
- -
- -
20.87
-30.12
-106.58
55.08
15.76
25.52
35.41
39.72
14.97
11.14
9.62
Return on Common Equity (%)
- -
- -
1,809.39
- -
- -
80.44
13.53
42.88
62.43
55.14
20.91
12.95
11.1

Capital Structure

FRC

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

Working Capital

FRC

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

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.63%
22.24%
8.76%
Free Cash Flow
411.86%
779.93%
-785.8%
Net Income, GAAP
86.46%
26.98%
-4.54%
Sales/Revenue/Turnover
12.77%
12.11%
-7.09%
Total Cash Common Dividend
- -
613.47%
27.63%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
721
2025
- -
- -
- -
- -
670
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.28
2025
- -
- -
- -
- -
0.27
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.04
2025
- -
- -
- -
- -
0.05
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Phoevos Pouroulis
Full Time Employees
2,461
Sector
Basic Materials
Industry
Other Precious Metals
Address
Sofoklis Pittokopitis Business Centre Paphos PA Cyprus 8011
IPO Date
Apr 29, 2020
Business
Tharisa plc is a Cyprus-based investment holding company that engages in the mining, processing, beneficiation, marketing, sales, and logistics of platinum group metals (PGMs; comprising 5PGE + gold) and chrome concentrates; it operates its principal multi-generational asset, the Tharisa Mine, located in the south-western limb of South Africa's Bushveld Complex near Rustenburg, with additional growth projects including the Karo Platinum project in Zimbabwe and the Salene Chrome mine. The company produces chrome concentrates across various grades, including foundry, chemical, refractory, and fine chrome products via its proprietary Vulcan plant; PGMs through high-energy flotation circuits; and beneficiated chrome alloys through Arxo Metals; it also provides integrated logistics via Arxo Logistics and advances innovation in energy storage with the Redox One iron-chromium redox flow battery project. Founded in 2008 and headquartered in Paphos, Cyprus, Tharisa primarily serves global markets for energy transition commodities, with operations centered in South Africa and expansion into Zimbabwe, underpinned by subsidiaries such as Tharisa Minerals (100% owned), Karo Mining Holdings (controlling interest), and a 6% stake held by the Tharisa Community Trust. Recent developments include a $547 million investment plan announced in October 2025 for phased underground mining expansion at Tharisa Mine through the Apollo (West) and Orion (East) complexes, extending mine life beyond 50 years with on-reef mechanized development for enhanced efficiency and reduced environmental impact; a partnership with Chariot and TotalEnergies for the 40MW Buffelspoort solar PV project; progression of Vision 2030 with commercialization of proprietary low-carbon technologies like Redox One; record chrome production of 1,702.6 kt in FY2024 alongside robust PGM output; and strong FY2025 financials with $602.9 million revenue as of September 30, 2025, supported by a net cash position and debt facilities including a prior $130 million from Société Générale and Absa.

Company News

APIChatGPT