Verde Resources Reports Q3 2025 Financials
Ticker: VRDR · Form: 10-Q · Filed: May 16, 2025 · CIK: 1506929
| Field | Detail |
|---|---|
| Company | Verde Resources, Inc. (VRDR) |
| Form Type | 10-Q |
| Filed Date | May 16, 2025 |
| Risk Level | medium |
| Sentiment | bearish |
Sentiment: bearish
Topics: financials, 10-Q, mining
Related Tickers: VRDR
TL;DR
**VERDE RESOURCES (VRDR) Q3 2025: $1.25B Assets, $1.20B Liabilities, $3.99M Net Loss on $5.87M Revenue.**
AI Summary
Verde Resources, Inc. filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $1.25 billion and total liabilities of $1.20 billion as of March 31, 2025. For the nine months ended March 31, 2025, the company had revenues of $5.87 million and a net loss of $3.99 million.
Why It Matters
This filing provides a snapshot of Verde Resources' financial health and operational performance for the third quarter of fiscal year 2025, impacting investor decisions.
Risk Assessment
Risk Level: medium — The company has significant liabilities relative to its assets and reported a net loss, indicating potential financial strain.
Key Numbers
- $1.25B — Total Assets (As of March 31, 2025)
- $1.20B — Total Liabilities (As of March 31, 2025)
- $5.87M — Revenue (Nine months ended March 31, 2025)
- $3.99M — Net Loss (Nine months ended March 31, 2025)
Key Players & Entities
- VERDE RESOURCES, INC. (company) — Filer
- 0001506929 (company) — Central Index Key
- 20250331 (date) — Period of Report
- $1.25 billion (dollar_amount) — Total Assets as of March 31, 2025
- $1.20 billion (dollar_amount) — Total Liabilities as of March 31, 2025
- $5.87 million (dollar_amount) — Revenue for the nine months ended March 31, 2025
- $3.99 million (dollar_amount) — Net Loss for the nine months ended March 31, 2025
FAQ
What were Verde Resources' total assets as of March 31, 2025?
Verde Resources' total assets were $1,252,986,447 as of March 31, 2025.
What were Verde Resources' total liabilities as of March 31, 2025?
Verde Resources' total liabilities were $1,199,358,251 as of March 31, 2025.
What was the company's revenue for the nine months ended March 31, 2025?
The company reported revenue of $5,867,000 for the nine months ended March 31, 2025.
What was the net loss for the nine months ended March 31, 2025?
Verde Resources reported a net loss of $3,990,000 for the nine months ended March 31, 2025.
Did Verde Resources enter into any significant agreements during the reporting period?
Yes, the filing mentions a 'Service and Stock Cancellation Agreement' dated November 29, 2024.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 16, 2025 regarding VERDE RESOURCES, INC. (VRDR).