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Operations: The company's revenue is derived entirely from the exploration of minerals, amounting to A$0.03 million.

Market Cap: A$14.32M

Venus Metals Corporation Limited, with a market capitalization of A$14.32 million, is a pre-revenue entity focused on mineral exploration in Western Australia. The company has recently become profitable and boasts an outstanding return on equity of 114.9%. It operates debt-free, having reduced its debt from a 9.8% debt-to-equity ratio five years ago to none currently, eliminating concerns about interest payments or cash flow coverage for liabilities. Despite its high volatility relative to most Australian stocks, Venus Metals' short-term assets comfortably cover both short- and long-term liabilities, indicating sound financial health amidst its exploratory focus.

• Jump into the full analysis health report here for a deeper understanding of Venus Metals.

• Learn about Venus Metals' historical performance here.

Veris

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

Overview: Veris Limited offers surveying and spatial data services mainly in Australia, with a market cap of A$22.92 million.

Operations: The company generates A$92.59 million in revenue from delivering comprehensive spatial data solutions.

Market Cap: A$22.92M

Veris Limited, with a market cap of A$22.92 million, operates in the surveying and spatial data sector, generating A$92.59 million in revenue. Despite being unprofitable, Veris maintains a strong financial position with short-term assets exceeding both short- and long-term liabilities and more cash than total debt. The company has not diluted shareholders recently and has reduced its debt-to-equity ratio significantly over five years. While its return on equity remains negative due to ongoing losses, Veris's positive free cash flow provides it with a cash runway exceeding three years if current conditions persist.

• Dive into the specifics of Veris here with our thorough balance sheet health report.

• Examine Veris' earnings growth report to understand how analysts expect it to perform.

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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:TRP ASX:VMC and ASX:VRS.

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