Stardust Power Inc. SDST
Oklahoma, with expected capacity of producing up to 50,000 metric tpa of BGLC once fully operational. On March 16, 2023, Roshan Pujari,
the sole director and a controlling member of Stardust Power LLC, transferred his ownership in Stardust Power LLC to Legacy Stardust Power
in exchange for nominal consideration. Prior to and following the acquisition, Roshan Pujari controlled both Stardust Power LLC and Legacy
Stardust Power. The Company's predecessor entity, Stardust Power LLC, did not have any assets, liabilities, revenue, expenses or
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| SG&A | $16.1M | $18.0M | $5.2M | $2.0M | $3.6M | — |
| Total operating expenses | $58.7K | $4.0M | — | — | — | — |
| Operating income | -$16.1M | -$18.0M | -$2.3M | -$2.0M | -$3.6M | — |
| Interest expense | $422 | $50.5K | — | $100.0K | $100.0K | — |
| Net income | -$15.7M | -$23.8M | $139.0K | $15.1M | $4.7M | — |
| EPS, basic | -2.13 | -5.55 | — | — | — | — |
| EPS, diluted | -2.13 | -5.55 | — | — | 0.13 | — |
| Shares, diluted (wtd. avg.) | $7.4M | $4.3M | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $3.5M | $912.6K | $1.3M | $101.0K | $842.0K | $20.0K |
| Total current assets | $4.1M | $2.1M | $2.7M | $109.0K | $1.0M | $225.0K |
| Property, plant and equipment | $1.8M | $1.8M | $2.0K | $5.0M | $5.0M | $5.0M |
| Total assets | $11.8M | $9.0M | $3.0M | $304.8M | $301.1M | $225.0K |
| Accounts payable | $8.3M | $10.3M | $1.3M | $75.0K | $135.0K | $6.0K |
| Short-term debt | $205.4K | $10.0M | $73.0K | — | — | — |
| Total current liabilities | $14.3M | $25.0M | $1.5M | $3.9M | $2.8M | $205.0K |
| Total liabilities | $17.6M | $28.4M | $6.8M | $14.8M | $26.2M | $205.0K |
| Retained earnings | -$68.3M | -$52.6M | -$3.8M | -$14.7M | -$25.1M | -$5.0K |
| Total equity | -$5.8M | -$19.4M | -$3.7M | $90 | -$25.1M | $20.0K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$8.3M | -$9.7M | -$975.0K | -$1.5M | -$1.0M | — |
| Depreciation and amortisation | $3.2K | $1.8K | — | — | — | — |
| Stock-based compensation | $7.6M | $9.8M | — | — | — | — |
| Capital expenditure | $4.5K | $15.2K | — | — | — | — |
| Investing cash flow | -$3.4M | -$4.8M | $263.2M | — | — | — |
| Financing cash flow | $14.2M | $14.2M | -$262.4M | $785.0K | $301.9M | — |
| Buybacks | — | — | $265.1M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-016879.
Others in SIC 3330
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| UAMY | UNITED STATES ANTIMONY CORP | $778.3M | — | 162.8% |