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Carnegie Clean Energy Ltd

Company price
0.21 AUD 0.02 ( 10.53%)
Last update at 2026-11-12T05:10:00Z
VOLUME
1736440
Market Cap
59.82M

Momentum Score

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Carnegie Clean Energy Limited engages in the development of the CETO Wave Energy Technology in Australia. Its technology is a submerged point absorber type wave energy converter which converts ocean waves into zero-emission electricity. The company was formerly known as Carnegie Wave Energy Limited and changed its name to Carnegie Clean Energy Limited in December 2016. Carnegie Clean Energy Limited was incorporated in 1987 and is headquartered in North Fremantle, Australia.

Source: TradingView
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Day Price Range
0.20
Low
0.22
High
52 Week Price Range
0.05
Low
0.36
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Carnegie Clean Energy is an Australian developer of renewable technologies best known for its CETO wave-energy system and now focused on project development, battery storage and microgrid solutions. Growth may be supported by rising demand for distributed and grid renewables, commercialization of its technologies and policy support for decarbonisation, providing exposure to project revenues and IP.
Key risks are technology commercialisation and project execution, dependence on securing project finance and contracts, sensitivity to policy shifts and competition from larger renewable developers.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.19
Dividend Yield
-
Revenue TTM
0.45M
Revenue Per Share
0.00
Gross Profit TTM
0.44M
Debt / Equity
0.14
ROE
-14.52%
Net Debt
1.57M
ROCE
-10.51%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

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 -2.76M -2.32M -2.32M -0.63M -2.29M
Net income -2.77M -2.33M -2.32M -0.63M -1.92M
Selling general administrative - 0.22M 0.22M 1.85M 2.11M
Selling and marketing expenses - 2.53M 1.96M - -
Gross profit -1.39M 0.15M 0.19M 0.38M 0.32M
Reconciled depreciation - 0.28M 0.32M 0.31M 0.28M
Ebit -1.99M -1.80M -2.31M -0.49M -2.29M
Ebitda -1.74M -1.56M -1.99M -0.18M -2.00M
Depreciation and amortization 0.25M 0.24M 0.32M 0.31M 0.28M
Operating income -1.99M -3.72M -2.41M -2.45M -2.32M
Other operating expenses 2.44M 4.04M 2.75M 1.05M 2.62M
Interest expense 0.93M 0.60M 0.01M 0.01M 0.01M
Tax provision - 0.01M 0.00M 0.00M 0.00M
Interest income - 0.07M 0.06M 0.05M 0.01M
Net interest income - -0.53M 0.05M 0.04M 0.01M
Extraordinary items - - - 0.00M 0.37M
Income tax expense 0.01M 0.01M -0.31M 1.80M -0.35M
Total revenue 0.45M 0.32M 0.35M 0.38M 0.32M
Total operating expenses 0.60M 3.87M 1.00M 2.71M 2.64M
Cost of revenue 1.84M 0.17M 0.15M - 0.65M
Total other income expense net -0.78M 1.40M 0.09M 1.65M 0.02M
Discontinued operations - - - - 0.37M
Net income from continuing ops - -2.33M -2.32M -0.63M -2.29M
Net income applicable to common shares - -2.33M -2.32M -0.63M -1.92M
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 23.10M 27.53M 22.40M 22.49M 21.52M
Intangible assets 18.88M 17.75M - 14.34M 14.48M
Other current assets 0.19M 0.48M 0.09M - 0.00M
Total liab 4.25M 8.29M 1.30M 1.26M 0.79M
Total stockholder equity 18.85M 19.24M 21.10M 21.22M 20.73M
Other current liab 1.18M 2.37M 0.74M 0.64M 0.41M
Common stock 213.55M 211.16M 211.16M 209.07M 208.26M
Capital stock - - - 209.07M 208.26M
Retained earnings -195.15M -192.43M -191.04M -188.75M -189.09M
Other liab - - - 0.03M 0.06M
Other assets - - - 0.55M 0.54M
Cash 1.00M 2.90M 3.23M 2.00M 4.10M
Cash and equivalents - - - 1.20M 3.00M
Total current liabilities 4.21M 5.35M 1.26M 1.20M 0.63M
Current deferred revenue - - - -0.07M -0.26M
Net debt 1.57M 2.14M -3.19M -1.89M -3.93M
Short term debt 2.57M 2.13M 0.03M 0.07M 0.07M
Short long term debt total 2.57M 5.04M 0.03M 0.11M 0.17M
Other stockholder equity - - - -20.32M -19.17M
Property plant equipment - - - 2.39M 2.26M
Total current assets 1.75M 4.11M 3.94M 5.19M 4.23M
Long term investments - - - 0.01M 0.01M
Net tangible assets - - - 6.89M 6.26M
Short term investments - - 0.50M - -
Net receivables 0.57M 0.74M 0.13M 3.13M 0.14M
Accounts payable 0.46M 0.86M 0.48M 0.56M 0.41M
Accumulated other comprehensive income 0.46M 0.50M 0.98M 0.90M 1.56M
Non currrent assets other - 3.84M 15.47M -16.74M -16.75M
Non current assets total 21.35M 23.42M 18.46M 17.30M 17.29M
Capital lease obligations - - - 0.11M 0.17M
Long term debt total - - - 0.04M 0.10M
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 - 0.57M 1.88M -1.12M -1.01M
Change to liabilities - - - 0.51M 0.07M
Total cashflows from investing activities -0.32M 0.57M 1.88M -1.12M -1.01M
Net borrowings - 2.18M 0.01M -0.06M -0.09M
Total cash from financing activities 2.28M 2.08M 1.68M 0.75M 0.51M
Change to operating activities - - - 0.06M 0.04M
Net income -2.77M -2.33M -2.32M -0.63M -1.92M
Change in cash -1.40M -0.83M 1.72M -2.09M 0.46M
Begin period cash flow 2.40M 3.73M 2.00M 4.10M 3.63M
End period cash flow 1.00M 2.90M 3.73M 2.00M 4.10M
Total cash from operating activities 2.47M 3.47M -1.83M -1.72M 0.96M
Issuance of capital stock - - 2.13M 0.81M 0.60M
Depreciation 0.25M 0.28M 0.32M 0.44M 0.28M
Other cashflows from investing activities 4.58M 0.57M 1.90M - -0.81M
Change to account receivables 0.46M 1.00M 2.95M -3.06M 1.26M
Sale purchase of stock - - -0.00M - 0.60M
Other cashflows from financing activities -0.10M - -0.47M -0.06M -0.09M
Change to netincome - - - 0.96M 1.23M
Capital expenditures 2.47M 0.00M 0.02M 1.12M 1.01M
Change in working capital -0.04M 1.00M 2.92M -3.06M 1.26M
Stock based compensation - 0.05M 0.11M 0.26M 0.62M
Other non cash items 5.03M 4.47M -2.87M -1.53M 2.60M
Free cash flow - 3.47M -1.85M -2.84M -0.05M

Peer Comparison*

Sector: Utilities Industry: Utilities - Renewable

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)
CCE
Carnegie Clean Energy Ltd
0.02
10.53%
0.21 - 7.11 131.83 3.17 135.30 -7.62
MEZ
Meridian Energy Ltd
0.04
0.86%
4.70 112.50 46.08 3.08 1.47 4.20 20.47
MCY
Mercury NZ Ltd
-
-%
5.43 27.00 27.70 2.41 1.78 3.70 13.11
CEN
Contact Energy Limited
0.12
1.73%
7.07 19.50 20.04 2.34 1.79 3.53 10.89
LGI
LGI Ltd
0.02
0.81%
2.50 27.56 29.67 5.93 2.22 6.01 11.83

Profile*

Carnegie Clean Energy Ltd

Carnegie Clean Energy Limited engages in the development of the CETO Wave Energy Technology in Australia. Its technology is a submerged point absorber type wave energy converter which converts ocean waves into zero-emission electricity. The company was formerly known as Carnegie Wave Energy Limited and changed its name to Carnegie Clean Energy Limited in December 2016. Carnegie Clean Energy Limited was incorporated in 1987 and is headquartered in North Fremantle, Australia.

21 North Mole Drive, North Fremantle, WA, Australia, 6159

61 8 6168 8400

Name Title Year Born
Mr. Jonathan Fievez BEng (Mecht) Chief Exec. Officer NA
Mr. Grant Jonathan Mooney BBus, C.A., CA Independent Non Exec. Director & Company Sec. 1967
Mr. Jonathan Fievez BEng (Mecht) Chief Executive Officer NA
Mr. Grant Jonathan Mooney BBus, C.A., CA Independent Non Executive Director & Company Secretary 1967
Mr. Jonathan Fievez BEng (Mecht) Chief Executive Officer NA
Mr. Jonathan Fievez BEng (Mecht) Chief Executive Officer NA
Mr. Grant Jonathan Mooney BBus, C.A., CA Independent Non Executive Director & Company Secretary 1967
Mr. Jonathan Fievez BEng (Mecht) Chief Executive Officer NA
Mr. Grant Jonathan Mooney BBus, C.A., CA Independent Non Executive Director & Company Secretary 1967
Mr. Jonathan Fievez BEng (Mecht) Chief Executive Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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