Rumble Resources Limited (ASX:RTR) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Rumble Resources Limited engages in the acquisition, exploration, and evaluation of base and precious metal projects in Australia. The AU$66m market-cap company announced a latest loss of AU$12m on 30 June 2025 for its most recent financial year result. Many investors are wondering about the rate at which Rumble Resources will turn a profit, with the big question being “when will the company breakeven?” In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.
Expectations from some of the Australian Metals and Mining analysts is that Rumble Resources is on the verge of breakeven. They expect the company to post a final loss in 2026, before turning a profit of AU$34m in 2027. The company is therefore projected to breakeven around 2 years from today. 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 104% is expected, which is extremely buoyant. 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 Rumble Resources' upcoming projects, but, take into account that generally a metal and mining business has lumpy cash flows which are contingent on the natural resource mined and stage at which the company is operating. This means, large upcoming growth rates are not abnormal as the company is beginning to reap the benefits of earlier investments.
See our latest analysis for Rumble Resources
Before we wrap up, there’s one aspect worth mentioning. Rumble Resources currently has no debt on its balance sheet, which is quite unusual for a cash-burning metals and mining company, which typically has high debt relative to its equity. The company currently operates purely off its shareholder funding and has no debt obligation, reducing concerns around repayments and making it a less risky investment.
There are too many aspects of Rumble Resources to cover in one brief article, but the key fundamentals for the company can all be found in one place – Rumble Resources' company page on Simply Wall St. We've also put together a list of pertinent factors you should look at:
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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.