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Deterra Royalties Ltd (DRR.AX)

Deterra Royalties Ltd (DRR.AX)
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Deterra Royalties was spun out from Iluka Resources in October 2020, with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area in Western Australia. This includes the North Flank mine, producing around 60 million metric tons of iron ore a year, and the South Flank mine, which produces around 80 million metric tons. It also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Consistent with its strategy to grow into a diversified royalty firm, its Trident Royalties purchase is likely to provide modest diversification from iron ore.

Fiscal Year End Date: 06/30

(Values in U.S. Thousands) Jun, 2025 Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021
Sales 263,433 240,509 229,264 265,155 145,209
Sales Growth +9.53% +4.90% -13.54% +82.60% unch
Net Income 155,695 154,886 152,458 178,462 94,260
Net Income Growth +0.52% +1.59% -14.57% +89.33% unch
(Values in U.S. Thousands) Jun, 2025 Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021
Total Assets 502,374 101,294 113,473 152,290 89,093
Total Assets Growth +395.96% -10.73% -25.49% +70.93% unch
Total Liabilities 377,714 20,942 21,335 33,665 27,370
Total Liabilities Growth +1,703.62% -1.84% -36.63% +23.00% unch
(Values in U.S. Thousands) Jun, 2025 Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021
Operating Cash Flow 0 0 0 0 0
Operating Cash Flow Growth unch unch unch unch unch
Net Cash Flow -6,553 1,573 2,035 3,250 24,206
Change in Net Cash Flow -516.59% -22.70% -37.38% -86.57% unch
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