Vulcan Energy Resources
Vulcan Energy Resources is focused on producing battery-quality lithium hydroxide from geothermal brines using a unique, sustainable, and zero fossil fuel process. The company aims to decarbonize lithium production by utilizing geothermal energy to power the extraction and processing, positioning itself as a leader in environmentally conscious lithium supply for the European electric vehicle market.
Short position
Vulcan Energy Resources (ASX:VUL) has 7.30% of its shares on issue reported as short positions as of 5 Oct 2026, or about 34,956,470 shares. Over the past 30 days that figure has risen 0.08 percentage points, and over 90 days it has risen 0.82 percentage points. Its highest recorded short interest was 9.82% in December 2025. VUL is classified in the Materials 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+4Vulcan Energy Resources (VUL) financials
Results, ratios and statements
Latest result
Year to 31 Dec 2025 (FY25) vs FY24, figures in EUR, the reporting currency
- Revenue
- 7.3Mvs 8.1M (FY24)
- Yahoo Finance, as at 29 Sep 2026
- NPAT
- −69.6Mvs −42.4M (FY24)
- Yahoo Finance, as at 29 Sep 2026
- EPS (diluted)
- −0.30vs −0.19 (FY24)
- Yahoo Finance, as at 29 Sep 2026
- Rev YoY
- −9.5%FY
- EPS YoY
- n/aTTM
Key ratios
Year to 31 Dec 2025 (FY); balance sheet at 31 Dec 2025; prices to 9 Oct 2026
- Gross margin
- 59.8%
- Operating margin
- −1,246.9%
- Net margin
- −946.6%
- FCF margin
- −1,332.8%
- ROE
- −11.5%
- ROA
- −10.4%
- FCF conversion
- n/a
- Net cash (excl. leases)
- EUR 517.8M
- Net debt / EBITDA
- n/a
- Current ratio
- 10.1×
- Interest cover
- −65.1×
- Cash dividends paid / net profit
- n/a
- Market cap
- $678.6M
- P/E
- n/a (reports in EUR)
- P/B
- n/a (reports in EUR)
Ratios use the reporting currency (EUR); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.
Financial statements
Figures in EUR, the reporting currency; Yahoo Finance unless marked
| Line item | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Revenue | 7.3M | 8.1M | 6.8M | 3.8M |
| Gross profit | 4.4M | 7.4M | 4.2M | 1.3M |
| Operating income | −91.6M | −59.6M | −54.8M | −23.7M |
| EBITDA | −52.9M | −50.0M | −49.0M | −21.1M |
| EBIT | −66.3M | −59.6M | −54.8M | −23.7M |
| Interest expense | 1.4M | n/a | n/a | n/a |
| Pretax income | −67.7M | −42.5M | −28.8M | −18.5M |
| Tax | 1.9M | −192.0K | −1.8M | 365.0K |
| NPAT | −69.6M | −42.4M | −27.0M | −18.9M |
| Net interest income | 999.0K | 1.7M | 3.4M | 228.0K |
| EPS basic | −0.30 | −0.19 | −0.14 | −0.13 |
| EPS diluted | −0.30 | −0.19 | −0.14 | −0.13 |
| Shares | 477.9M | 256.4M | 205.7M | 171.0M |
Financial reports
The company's own filings, newest first
- Half Year Report for the Period Ending 30 June 2026Half Year Results10 Sep 2026via asx_announcements
- Quarterly Activities Report - Period Ending 30 June 2026Quarterly Report29 Jul 2026via asx_announcements
- Quarterly Activities Report - Period Ending 31 March 2026Quarterly Report30 Apr 2026via asx_announcements
- Annual Report - Period Ending 31 December 2025Annual Report27 Mar 2026via asx_announcements
- Quarterly Activities Report Period Ending 31 December 2025Quarterly Report30 Jan 2026via asx_announcements
- WIRTSCHAFTSPRUFERKAMMER (WPK) CertificationFinancial Report31 Dec 2025via crawler
- 30 June 2025 Interim Management ReportHalf Year Results31 Dec 2025via crawler
- Prospectus Replacing Document (Annex IX) for Capital Raise 2025Financial Report31 Dec 2025via crawler
- 30 June 2025 Half Year ReportHalf Year Results31 Dec 2025via crawler
- Quarterly Activities Report Period Ending 30 September 2025Quarterly Report22 Oct 2025via asx_announcements
Showing 10 of 30 reports