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Market Cap: A$136.14M

Delta Lithium Limited, with a market capitalization of A$136.14 million, is pre-revenue and unprofitable, yet it maintains a debt-free status and has substantial short-term assets of A$89.8 million that comfortably cover its liabilities. The company has enough cash runway for over a year at current free cash flow levels but faces challenges with earnings expected to decline by an average of 24.1% annually over the next three years. Recent leadership changes include the resignation of Chairman Chris Ellison, succeeded by Nader El Sayed as Non-Executive Chairman, amidst an inexperienced board and management team with short tenures.

• Get an in-depth perspective on Delta Lithium's performance by reading our balance sheet health report here.

• Explore Delta Lithium's analyst forecasts in our growth report.

Harmoney

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Harmoney Corp Limited operates in Australia and New Zealand, offering secured and unsecured personal loans online, with a market cap of A$41.81 million.

Operations: The company's revenue is derived from its Financial Services - Consumer segment, totaling A$35.42 million.

Market Cap: A$41.81M

Harmoney Corp Limited, with a market cap of A$41.81 million, operates in the financial services sector offering personal loans. Despite being unprofitable, it has reduced its losses by 12.6% annually over the past five years and maintains a positive free cash flow with a runway exceeding three years. The company boasts experienced leadership, with an average management tenure of 5.4 years and board members averaging 3.9 years. While short-term assets significantly surpass both short- and long-term liabilities, Harmoney's high net debt to equity ratio of over 1900% presents a risk factor for investors to consider carefully.

• Unlock comprehensive insights into our analysis of Harmoney stock in this financial health report.

• Review our growth performance report to gain insights into Harmoney's future.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:CVV ASX:DLI and ASX:HMY.

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