Sector: Industrials | Industry: Electrical Components & Equipment |
Company Contact | |
Address: | 600 - 777 Hornby Street VANCOUVER BC V6Z 1S4 |
Tel: | N/A |
Website: | https://www.rocktechlithium.com/de |
IR: | See website |
Key People | ||
Dirk Harbecke Chairman of the Board, Chief Executive Officer | Stefan Krause Vice Chairman of the Board | Sonja Rossteuscher-Schtze Chief Financial Officer | Klaus Schmitz Chief Operating Officer, Executive Director |
Business Overview |
Rock Tech Lithium Inc. is a Canada-based cleantech company with operations in Canada and Germany to produce lithium hydroxide for electric vehicle batteries. The Company is focused on developing and optimizing battery grade lithium hydroxide monohydrate through the construction and operation of multiple lithium hydroxide manufacturing plants (each, a Converter) in Europe and North America. The Company operates through three segments: Corporate, Converter Project, and Georgia Lake Project. The Company holds a 100% interest in the Georgia Lake lithium project. The Georgia Lake Project is subject to a 1.5% net smelter return (NSR) royalty. The Company's Georgia Lake Project conducts exploration, development and basic engineering activities. The Company is also engaged in a lithium hydroxide merchant Converter and refinery facility in Guben, Germany (the Guben Converter). |
Financial Overview |
For the fiscal year ended 31 December 2023, Rock Tech Lithium Inc revenues was not reported. Net loss decreased 54% to C$28.6M. Lower net loss reflects Downstream development decrease of 64% to C$13.8M (expense), Salaries and wages decrease of 36% to C$5.2M (expense), Professional fees decrease of 66% to C$1.2M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.79 to -C$0.30. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $102.82M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$28.50M as of Dec 31, 2023 |
Net annual income (TTM): | -$28.62M as of Dec 31, 2023 |
Free cash flow (TTM): | -$30.97M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 101,255,039 as of Jan 2, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |