Develop Global Ltd. Stock
€1.29
Your prediction
Develop Global Ltd. Stock
Pros and Cons of Develop Global Ltd. in the next few years
Pros
Cons
Performance of Develop Global Ltd. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Develop Global Ltd. | 0.780% | -3.731% | -9.155% | -31.383% | -24.118% | 364.029% | 726.923% |
| Elementos Ltd | 11.330% | -15.228% | 7.051% | -6.180% | 36.885% | -48.615% | 234.000% |
| Platina Resources Ltd | 0.000% | 15.152% | 40.741% | 26.667% | 52.000% | -43.452% | -54.762% |
| Artemis Resources Ltd | -4.760% | -4.762% | 5.263% | 5.263% | -9.091% | -82.487% | - |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.In general, the financials of Develop Global, a company in the Metals & Mining industry, appear to be showing an expanding trend in terms of assets and equity over the years. The company has experienced considerable growth in total assets and stockholders' equity between 2020 and 2022. However, a few concerns arise from observing their income statement and cash flow activities. This analysis will provide an in-depth look at the company's financial standing, highlighting both the favorable elements and potential drawbacks.
Growth in total assets: Between 2020 and 2022, Develop Global's total assets increased significantly from AUD 41,866,910 to AUD 204,884,260, indicating that the company has been successful in generating and investing in new resources.
Increase in stockholder equity: During the same period, the company's total stockholder equity grew from AUD 23,880,380 to AUD 144,554,070. This increase indicates a rise in the company's net worth and a positive signal for investors.