Tharisa plc

THS · LSE · Basic Materials / Other Precious Metals & Mining

105.50GBX+0.50 (+0.48%)

Price History

Full chart

Market Stats

Previous Close105.00

Open105.00

Day Range104.56 – 105.50

52-Week Range86.01 – 144.41

Volume99.35K

Market Cap361.47M

P/E (TTM)4.21

Forward P/E4.31

EPS0.29

Dividend Yield3.06%

Beta0.73

50-Day Avg121.90

200-Day Avg121.49

About

Tharisa plc, an investment holding company, engages in the mining, processing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United Arab Emirates, and internationally. It operates through four segments: PGM, Chrome, Agency and Trading, and Manufacturing. The company sells PGM concentrates, including platinum, palladium, rhodium, gold, ruthenium, iridium, nickel, and copper. It also produces metallurgical chrome concentrate and specialty chrome concentrates; operates a third-party chrome plant, as well as markets and sells the chrome concentrate produced at the plant; and manufactures and sells mining and mineral processing equipment. In addition, the company owns and operates the Tharisa mine, a PGM and chrome mine located on the Bushveld Complex of South Africa. Further, it engages in the research, development, and beneficiation chrome and PGM output, as well as trading of chrome concentrate. Tharisa plc was incorporated in 2008 and is based in Paphos, Cyprus.

Company Details

SectorBasic Materials
IndustryOther Precious Metals & Mining
CEOMr. Hans van Wyk
Employees2.46K
HeadquartersSofoklis Pittokopitis Business Centre, Paphos, Cyprus, 8011, UK
Websitehttps://www.tharisa.com

Leadership

Mr. Hans van WykGroup Chief Technology Officer
Mr. Ilja GraulichHead of Investor Relations & Communications
Mr. Raymond Charles Lewis KantorExecutive Legal Counsel & Executive of Legal Affairs · b. 1958

Financials

Income Statement

Currency: USD	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Revenue	53.89M	215.46M	240.73M	246.78M	219.65M	349.44M	406.27M	342.88M	406.00M	596.35M	686.00M	649.89M	721.39M	670.22M
Growth (%)	-	+299.81%	+11.73%	+2.51%	-10.99%	+59.09%	+16.26%	-15.60%	+18.41%	+46.88%	+15.03%	-5.26%	+11.00%	-7.09%
Cost of Revenue	62.11M	189.57M	206.81M	203.69M	165.18M	226.79M	297.78M	282.46M	275.56M	388.93M	440.34M	496.56M	536.78M	478.91M
Gross Profit	-8.22M	25.89M	33.92M	43.09M	54.48M	122.65M	108.49M	60.42M	130.43M	207.42M	245.66M	153.33M	184.61M	191.31M
Gross Margin	-15.26%	12.01%	14.09%	17.46%	24.80%	35.10%	26.70%	17.62%	32.13%	34.78%	35.81%	23.59%	25.59%	28.54%
Operating Expense	25.29M	26.55M	28.06M	24.73M	22.34M	26.74M	35.95M	36.21M	42.79M	28.58M	61.11M	58.64M	65.05M	65.72M
Operating Income	-33.52M	-663.00K	5.85M	18.36M	32.14M	95.91M	72.54M	24.21M	87.64M	178.84M	184.55M	94.69M	119.56M	125.59M
Operating Margin	-62.20%	-0.31%	2.43%	7.44%	14.63%	27.45%	17.85%	7.06%	21.59%	29.99%	26.90%	14.57%	16.57%	18.74%
EBITDA	-31.89M	-35.79M	-15.56M	31.74M	43.95M	115.61M	105.03M	47.20M	110.63M	200.53M	232.10M	160.68M	184.28M	189.64M
EBITDA Margin	-59.18%	-16.61%	-6.47%	12.86%	20.01%	33.08%	25.85%	13.77%	27.25%	33.63%	33.83%	24.72%	25.55%	28.30%
Net Income	-26.02M	-48.35M	-49.00M	4.62M	13.81M	57.60M	48.43M	8.38M	43.30M	100.47M	153.88M	82.23M	82.89M	79.13M
Net Income Margin	-48.28%	-22.44%	-20.35%	1.87%	6.29%	16.48%	11.92%	2.44%	10.66%	16.85%	22.43%	12.65%	11.49%	11.81%
R&D	-	-	-	-	235.00K	235.00K	235.00K	351.00K	183.00K	605.00K	692.00K	1.25M	1.03M	340.00K
R&D as % of Total Revenue	-	-	-	-	0.11%	0.07%	0.06%	0.10%	0.05%	0.10%	0.10%	0.19%	0.14%	0.05%
Interest Expense	1.60M	14.74M	14.65M	11.86M	11.81M	7.69M	10.19M	8.81M	6.93M	4.89M	4.76M	7.10M	11.88M	7.06M
Interest Expense % of Total Revenue	2.96%	6.84%	6.09%	4.80%	5.38%	2.20%	2.51%	2.57%	1.71%	0.82%	0.69%	1.09%	1.65%	1.05%

Balance Sheet

Currency: USD	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Assets	429.34M	384.16M	347.18M	301.08M	319.33M	384.72M	455.92M	453.35M	506.60M	703.40M	953.32M	1.09B	1.21B	1.24B
Total Liabilities	396.75M	437.80M	137.33M	122.13M	117.47M	112.87M	157.59M	164.56M	185.77M	252.12M	332.94M	412.87M	428.22M	390.23M
Total Equity	38.55M	-37.44M	235.91M	216.74M	236.75M	296.90M	324.87M	322.77M	351.41M	444.43M	559.03M	615.87M	722.26M	791.72M
Cash	52.80M	28.02M	19.63M	24.27M	15.83M	49.74M	66.79M	59.20M	49.29M	82.14M	140.90M	255.30M	217.68M	173.05M
Total Debt	124.72M	129.50M	95.21M	70.02M	60.76M	49.40M	77.42M	71.22M	76.65M	36.85M	62.88M	139.66M	106.18M	105.35M
Net Debt	71.92M	101.48M	75.58M	45.76M	44.93M	-341.00K	10.63M	12.02M	27.36M	-45.29M	-78.02M	-115.64M	-111.49M	-67.70M

Cash Flow

Currency: USD	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Operating Cash Flow	-9.20M	-2.96M	22.36M	41.40M	22.19M	73.18M	89.77M	69.94M	72.96M	208.37M	173.68M	148.27M	204.55M	93.96M
Investing Cash Flow	-188.50M	-32.32M	-25.16M	-21.22M	-11.99M	-26.61M	-60.40M	-52.42M	-74.41M	-110.26M	-101.63M	-80.33M	-190.88M	-114.09M
Financing Cash Flow	120.15M	15.46M	-1.32M	-18.36M	-18.21M	-12.49M	-11.46M	-22.80M	-5.66M	-65.85M	-2.52M	49.01M	-55.26M	-26.10M
Capital Expenditure	189.01M	24.32M	24.29M	24.59M	12.31M	26.40M	40.45M	43.88M	70.87M	106.01M	105.01M	70.53M	200.64M	120.76M
Free Cash Flow	-198.21M	-27.27M	-1.93M	16.81M	9.88M	46.78M	49.32M	26.06M	2.09M	102.36M	68.66M	77.74M	3.91M	-26.80M
Dividends Paid	-	-	1.76M	2.57M	2.57M	2.57M	18.21M	6.59M	667.00K	21.28M	23.27M	20.99M	10.48M	13.38M
FCF to OCF	2155.63%	922.60%	-8.65%	40.61%	44.54%	63.93%	54.94%	37.26%	2.86%	49.13%	39.53%	52.43%	1.91%	-28.52%
Dividend Paid to FCF	-	-	-91.31%	15.29%	26.00%	5.49%	36.93%	25.30%	31.93%	20.79%	33.89%	27.00%	268.17%	-49.91%

Earnings

Report Date	Dec 4, 2022	Nov 30, 2026
EPS Estimate	0.34	-
EPS Actual	0.06	-
Surprise	-82.35%	-
Timing	After-hours	Pre-market

Key Statistics & Ratios

Market Cap361.47M

Enterprise Value331.88M

Trailing P/E4.21

Forward P/E4.31

Price / Sales0.53

Price / Book0.60

EPS0.29

Book Value2.09

Revenue (TTM)681.42M

Gross Profit (TTM)260.54M

EBITDA250.66M

Profit Margin17.38%

Operating Margin20.25%

Return on Equity14.52%

Return on Assets9.35%

Shares Outstanding296.29M

Shares Float256.26M

Beta0.73

Dividend Yield3.06%

Dividend Rate0.04

Payout Ratio7.56%

Dividends

20262×

0.02Jun 11, 20260.01Feb 26, 2026

20252×

0.01Jun 12, 20250.02Feb 27, 2025

20243×

0.01Jun 13, 20240.02Feb 29, 20240.02Feb 28, 2024

20232×

0.02Jun 8, 20230.03Mar 2, 2023

20222×

0.02Jun 16, 20220.04Mar 3, 2022

20212×

0.03Jun 17, 20210.03Feb 25, 2021

20201×

0.00Feb 13, 2020

20192×

0.00Jun 6, 20190.02Feb 14, 2019

20182×

0.01Jun 7, 20180.04Feb 1, 2018

20171×

0.01Jun 8, 2017