
Comet Ridge
Comet Ridge Limited is an Australian energy company focused on oil and gas exploration. Their flagship gas project is the Mahalo Gas Hub assets in central Queensland, comprising the Mahalo JV Gas Project and Northern Mahalo Projects. The company aims to add new gas reserves either as stand-alone gas projects or to complement the Mahalo JV Gas Project development.
Short position
Comet Ridge (ASX:COI) has 0.14% of its shares on issue reported as short positions as of 5 Oct 2026, or about 2,299,687 shares. Over the past 30 days that figure has been broadly flat, and over 90 days it has risen 0.09 percentage points. Its highest recorded short interest was 0.67% in September 2022. COI is classified in the Energy industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.
Price & short interest
Toggle series, zoom, and compare · ASIC daily, T+4Comet Ridge (COI) financials
Results, ratios and statements
Latest result
Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency · Company filing, 24 Sep 2026
- Revenue
- n/avs $184.0KM (source: ASX (Markit)) (FY25)
- NPAT
- −$4.4MF (source: Company filing (extracted))vs −$2.5M (FY25)
- Company filing (extracted), as at 5 Oct 2026
- EPS (basic)
- n/avs −$0.002 (FY25)
- Rev YoY
- −6.1%FY
- EPS YoY
- n/aTTM
- ASX (Markit)
- Company filing (extracted)
Summary of Annual Report to shareholders, 24 Sep 2026
Comet Ridge reported a FY2026 statutory net loss of $4.37 million, widening from a $2.47 million loss in FY2025, including $0.92 million in non-cash items. No dividend was declared for the year. The company ended the period with $27.7 million cash and is reviewing the Mahalo Gas Project FEED, integrating its 100%-owned Mahalo North and Mahalo East assets toward a final investment decision, with total gross 2P and 2C resources of 676 PJ in the Mahalo Gas Hub.
Automated summary of the filing; the filing itself is the record.
Key ratios
Year to 30 Jun 2025 (FY); balance sheet at 30 Jun 2025; prices to 9 Oct 2026
- Gross margin
- n/a
- Operating margin
- −1,671.2%
- Net margin
- −1,342.4%
- FCF margin
- −11,101.1%
- ROE
- −3.2%
- ROA
- −2.0%
- FCF conversion
- n/a
- Net cash (excl. leases)
- $6.6M
- Net debt / EBITDA
- n/a
- Current ratio
- 0.4×
- Interest cover
- −0.9×
- Cash dividends paid / net profit
- n/a
- Market cap
- n/a (no share count we can vouch for)
- P/E
- n/a
- P/B
- n/a (no share count we can vouch for)
Ratios use the reporting currency (AUD); market cap is in AUD. Sources: Yahoo Finance and ASX (Markit), as at 29 Sep 2026.
Financial statements
Figures in AUD, the reporting currency; Yahoo Finance unless marked
| Line item | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue | n/a | $184.0KM (source: ASX (Markit)) | $196.0KM (source: ASX (Markit)) | $153.0KM (source: ASX (Markit)) |
| Operating income | n/a | −$3.1M | −$4.3M | −$3.4M |
| EBITDA | n/a | −$163.0K | −$4.4M | −$3.5M |
| EBIT | n/a | −$299.0K | −$4.5M | −$3.6M |
| Interest expense | n/a | $3.3M | $2.6M | $2.9M |
| Pretax income | n/a | −$3.6M | −$7.2M | −$6.6M |
| Tax | n/a | $0 | $0 | $0 |
| NPAT | −$4.4MF (source: Company filing (extracted)) | −$2.5M | −$7.2M | −$6.6M |
| Net interest income | n/a | −$3.1M | −$2.5M | −$2.8M |
| EPS basic | n/a | −$0.002 | −$0.007 | −$0.007 |
| EPS diluted | n/a | −$0.002 | −$0.007 | −$0.007 |
| Shares | n/a | 1.20B | 1.11B | 1.01B |
- ASX (Markit)
- Company filing (extracted)
Financial reports
The company's own filings, newest first
- Annual Report to shareholdersAnnual Report24 Sep 2026via asx_announcements
Figures above come from this filing
- Half Year AccountsHalf Year Results5 Mar 2026via asx_announcements
- Annual Report to shareholdersAnnual Report22 Sep 2025via asx_announcements
- Half Year AccountsHalf Year Results13 Mar 2025via asx_announcements
- Annual Report to shareholdersAnnual Report25 Sep 2024via asx_announcements
- Half Year AccountsHalf Year Results12 Mar 2024via asx_announcements
- Financial ReportFinancial Reportvia crawler
- Financial ReportFinancial Reportvia crawler
- Financial ReportFinancial Reportvia crawler
- Financial ReportFinancial Reportvia crawler
Showing 10 of 13 reports