With the business potentially at an important milestone, we thought we'd take a closer look at Viridis Mining and Minerals Limited's (ASX:VMM) future prospects. Viridis Mining and Minerals Limited engages in the acquisition, development, exploration, and evaluation of mineral properties in Australia, Canada, and Brazil. The AU$159m market-cap company announced a latest loss of AU$2.7m on 30 June 2025 for its most recent financial year result. The most pressing concern for investors is Viridis Mining and Minerals' path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.
According to the 2 industry analysts covering Viridis Mining and Minerals, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2027, before generating positive profits of AU$22m in 2028. So, the company is predicted to breakeven approximately 2 years from now. In order to meet this breakeven date, we calculated the rate at which the company must grow year-on-year. It turns out an average annual growth rate of 96% is expected, which signals high confidence from analysts. If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict.
Given this is a high-level overview, we won’t go into details of Viridis Mining and Minerals' upcoming projects, but, keep in mind that typically metals and mining companies, depending on the stage of operation and metals mined, have irregular periods of cash flow. This means, large upcoming growth rates are not abnormal as the company is beginning to reap the benefits of earlier investments.
Check out our latest analysis for Viridis Mining and Minerals
Before we wrap up, there’s one aspect worth mentioning. Viridis Mining and Minerals currently has no debt on its balance sheet, which is rare for a loss-making metals and mining company, which usually has a high level of debt relative to its equity. This means that the company has been operating purely on its equity investment and has no debt burden. This aspect reduces the risk around investing in the loss-making company.
This article is not intended to be a comprehensive analysis on Viridis Mining and Minerals, so if you are interested in understanding the company at a deeper level, take a look at Viridis Mining and Minerals' company page on Simply Wall St. We've also compiled a list of essential factors you should further examine:
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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.