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AJ Lucas Group Limited, together with its subsidiaries, provides drilling services in Australia. The company operates in two segments, Drilling, and Oil & Gas Operations. The Drilling segment provides integrated professional drilling services primarily for exploration and degasification of coal mines, including recovery and commercialization of coal seam gas and associated services. The Oil and Gas Operations segment engages in the exploration and development of unconventional and conventional hydrocarbons in the United Kingdom. The company also offers well planning and engineering; directional drilling; GeoSteering; GOAF drainage and service wells; exploration drilling; and well servicing activities. It serves the energy, mining, and infrastructure sectors. The company was incorporated in 1993 and is headquartered in Brisbane, Australia. AJ Lucas Group Limited is a subsidiary of Kerogen Investments No. 1 (HK) Limited.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
AJ Lucas Group Ltd is an Australian industrial services firm providing drilling, well and infrastructure contracting to resources and energy clients domestically and abroad. Long-term growth may be supported by resource development, energy-transition and government infrastructure spending while its specialist technical capabilities could sustain contract revenue. The company may appeal to investors seeking exposure to niche drilling services and potential recovery in commodity and construction activity.
Key risks include cyclicality of demand, client concentration and contract execution challenges, plus sensitivity to commodity prices, regulatory changes and project capital intensity.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Income before tax | 33.73M | -15.04M | -0.71M | -164.21M | -11.33M |
| Minority interest | - | 0.03M | 0.01M | 1.19M | 0.01M |
| Net income | 28.49M | -15.01M | -0.70M | -152.06M | -11.32M |
| Selling general administrative | - | 63.49M | 65.89M | - | - |
| Selling and marketing expenses | - | - | -57.05M | - | - |
| Gross profit | 10.04M | 103.43M | 40.27M | 36.09M | 26.62M |
| Reconciled depreciation | - | 7.84M | 7.47M | 7.18M | 7.33M |
| Ebit | 7.96M | 6.55M | 21.51M | -143.18M | 6.30M |
| Ebitda | 15.13M | 14.39M | 28.98M | -136.00M | 13.63M |
| Depreciation and amortization | 7.18M | 7.84M | 7.47M | 7.18M | 7.33M |
| Operating income | 7.96M | 7.12M | 21.69M | 16.74M | 11.89M |
| Other operating expenses | 111.61M | 138.50M | 137.41M | 59.58M | 74.45M |
| Interest expense | 13.00M | 21.12M | 22.81M | 21.03M | 17.63M |
| Tax provision | - | 0.00M | 0.00M | -10.95M | 0.00M |
| Interest income | - | 0.31M | 0.51M | 23.33M | 21.95M |
| Net interest income | - | -21.69M | -22.41M | -21.07M | -17.82M |
| Income tax expense | 5.22M | - | -0.01M | -10.95M | 12.38M |
| Total revenue | 119.57M | 145.61M | 159.10M | 157.61M | 123.23M |
| Total operating expenses | 2.08M | 96.32M | 18.58M | 298.19M | 111.50M |
| Cost of revenue | 109.53M | 42.18M | 118.83M | 121.52M | 96.61M |
| Total other income expense net | 25.77M | -22.16M | -22.41M | -2.55M | -5.24M |
| Net income from continuing ops | - | -15.04M | -0.71M | -153.25M | -11.33M |
| Net income applicable to common shares | - | -15.01M | -0.70M | -152.06M | -11.32M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Total assets | 83.39M | 89.07M | 108.32M | 104.14M | 220.70M |
| Other current assets | 1.38M | 11.33M | 2.25M | 12.32M | 11.92M |
| Total liab | 127.97M | 162.71M | 166.16M | 161.20M | 143.88M |
| Total stockholder equity | -44.52M | -73.55M | -57.79M | -57.03M | 75.66M |
| Other current liab | 23.30M | - | 26.63M | 0.13M | 0.37M |
| Common stock | 514.59M | - | 514.59M | 514.59M | 495.99M |
| Capital stock | - | 514.59M | - | 514.59M | 495.99M |
| Retained earnings | -559.69M | -588.18M | -573.17M | -572.47M | -420.41M |
| Other liab | - | - | - | 6.09M | 5.30M |
| Other assets | - | - | - | 10.95M | - |
| Cash | 8.29M | 3.87M | 16.85M | 14.04M | 3.06M |
| Total current liabilities | 54.12M | 68.51M | 84.68M | 66.57M | 83.01M |
| Current deferred revenue | - | - | 0.25M | 23.76M | 19.32M |
| Net debt | 84.13M | 117.88M | 109.53M | 112.86M | 107.06M |
| Short term debt | 22.42M | - | 48.32M | 38.37M | 54.55M |
| Short long term debt | - | 32.14M | - | 34.49M | 52.62M |
| Short long term debt total | 92.42M | - | 126.38M | 126.91M | 110.12M |
| Other stockholder equity | - | - | 0.00M | -3.82M | -75.58M |
| Property plant equipment | - | - | - | 36.95M | 188.76M |
| Total current assets | 30.74M | 30.81M | 52.79M | 56.24M | 31.94M |
| Net tangible assets | - | - | - | -57.03M | 75.66M |
| Short term investments | - | - | - | 0.26M | 0.26M |
| Net receivables | 14.49M | 8.71M | 28.09M | 23.06M | 11.65M |
| Long term debt | - | 89.61M | - | 86.26M | 53.86M |
| Inventory | 6.58M | 5.70M | 5.61M | 5.23M | 5.30M |
| Accounts payable | 8.40M | 6.83M | 9.48M | 4.31M | 8.77M |
| Accumulated other comprehensive income | 0.58M | - | 0.79M | 0.85M | 0.09M |
| Non currrent assets other | - | - | - | - | -188.76M |
| Non current assets total | 52.65M | 58.27M | 55.52M | 47.91M | 188.76M |
| Capital lease obligations | - | 2.06M | - | 6.16M | 3.64M |
| Long term debt total | - | - | - | 88.54M | 55.57M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Investments | - | -9.26M | -13.75M | -5.84M | -3.27M |
| Change to liabilities | - | - | - | -12.33M | 3.18M |
| Total cashflows from investing activities | -4.49M | -9.26M | -13.75M | -5.84M | -3.27M |
| Net borrowings | - | -12.08M | -11.27M | -1.07M | -12.84M |
| Total cash from financing activities | -16.96M | -16.94M | -15.46M | 15.35M | -12.84M |
| Change to operating activities | - | - | - | 0.52M | 0.66M |
| Net income | 28.49M | -15.01M | -0.70M | -152.06M | -11.32M |
| Change in cash | 4.43M | -12.98M | 2.80M | 10.98M | -3.59M |
| Begin period cash flow | 3.87M | 16.85M | 14.04M | 3.06M | 6.65M |
| End period cash flow | 8.29M | 3.87M | 16.85M | 14.04M | 3.06M |
| Total cash from operating activities | 26.04M | 13.07M | 32.03M | 1.39M | 12.56M |
| Issuance of capital stock | - | - | - | 19.74M | - |
| Depreciation | 7.18M | - | 9.83M | 7.18M | 7.33M |
| Other cashflows from investing activities | - | 0.88M | 0.50M | 0.00M | 0.01M |
| Dividends paid | - | - | - | 167.88M | 18.60M |
| Change to inventory | -0.88M | -0.09M | -0.38M | 0.08M | 1.24M |
| Change to account receivables | 1.30M | 9.75M | 4.33M | -13.37M | -2.83M |
| Sale purchase of stock | - | - | - | -1.14M | -1.14M |
| Other cashflows from financing activities | -1.71M | -4.86M | -4.06M | 330.43M | 124.91M |
| Change to netincome | - | - | - | 169.51M | 12.29M |
| Capital expenditures | 5.82M | 10.13M | 14.25M | 5.84M | 3.28M |
| Change in working capital | 6.95M | 8.15M | 6.94M | -13.29M | -1.59M |
| Other non cash items | -16.58M | 4.92M | 15.95M | 159.56M | 18.14M |
| Free cash flow | 20.22M | 2.94M | 17.78M | -4.46M | 9.28M |
Sector: Basic Materials Industry: Coking Coal
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| AJL AJ Lucas Group Ltd |
- -% |
0.01 | 0.30 | 1.89 | 0.07 | 0.53 | 0.77 | 1.73 |
| SMR Stanmore Resources Ltd |
-0.03 1.17% |
2.53 | - | 34.72 | 1.13 | 0.94 | 1.07 | 5.51 |
| CRN Coronado Global Resources Inc |
- -% |
0.15 | - | 3.57 | 0.12 | 1.15 | 0.50 | 94.29 |
| AKM Aspire Mining Ltd |
- -% |
0.23 | - | 62.50 | 4218.74 | 2.11 | 267.27 | 11.62 |
| BRL Bathurst Resources Ltd |
- -% |
0.35 | - | 3.19 | 4.03 | 0.29 | 4.08 | 54.12 |
AJ Lucas Group Limited, together with its subsidiaries, provides drilling services in Australia. The company operates in two segments, Drilling, and Oil & Gas Operations. The Drilling segment provides integrated professional drilling services primarily for exploration and degasification of coal mines, including recovery and commercialization of coal seam gas and associated services. The Oil and Gas Operations segment engages in the exploration and development of unconventional and conventional hydrocarbons in the United Kingdom. The company also offers well planning and engineering; directional drilling; GeoSteering; GOAF drainage and service wells; exploration drilling; and well servicing activities. It serves the energy, mining, and infrastructure sectors. The company was incorporated in 1993 and is headquartered in Brisbane, Australia. AJ Lucas Group Limited is a subsidiary of Kerogen Investments No. 1 (HK) Limited.
| Name | Title | Year Born |
|---|---|---|
| Mr. Brett Tredinnick M.B.A. | Group CEO & Exec. Director | NA |
| Mr. David Ekster | Group Chief Financial Officer | NA |
| Mr. Francis Egan M.B.A. | Exec. Director & CEO of Oil and Gas Investment | NA |
| Mr. Daniel Sweeting | Gen. Mang. of Operations | NA |
| Mr. Greg Runge | Gen. Mang. of Technical | NA |
| Ms. Nicole McDonald | Gen. Mang. of People & Performance | NA |
| Mr. Marcin Swierkowski B.Com, B.Com., C.A., CA, M.B.A., MBA (Exec) | Company Sec. & Commercial Mang. | NA |
| Mr. Francis Egan M.B.A. | Executive Director & CEO of Oil and Gas Investment | NA |
| Mr. Greg Runge | Chief Executive Officer | NA |
| Ms. Nicole McDonald | General Manager of People & Performance | NA |
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