Tungsten West PLC (AIM:TUN)

Tungsten West Income Statement

Financials in millions GBP. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	-	0.72	0.63	0.67	0.04
Revenue Growth (YoY)	-	15.26%	-6.99%	1576.65%	-
Cost of Revenue	1.24	2.1	1.98	4.03	3.2
Gross Profit	-1.24	-1.38	-1.36	-3.35	-3.16
Selling, General & Admin	8.27	8.97	10.16	8	3.74
Other Operating Expenses	-3.08	-5.25	-0.73	0.84	0.02
Operating Expenses	5.19	3.71	9.43	8.84	3.76
Operating Income	-6.43	-5.09	-10.79	-12.2	-6.92
Interest Expense	-0.45	-0.44	-0.48	-0.91	-1.17
Interest & Investment Income	0.58	0.2	0.37	0.1	0.11
Currency Exchange Gain (Loss)	-0.01	-0.05	0.07	0.02	-
Other Non Operating Income (Expenses)	-6.35	-2.35	-0	-0	-
EBT Excluding Unusual Items	-12.67	-7.74	-10.83	-12.99	-7.98
Asset Writedown	-9.51	-2.16	-	-	-
Pretax Income	-22.18	-9.89	-10.83	-12.99	-7.98
Income Tax Expense	-0.26	-0.19	-0.54	-	-
Net Income	-21.91	-9.7	-10.29	-12.99	-7.98
Net Income to Common	-21.91	-9.7	-10.29	-12.99	-7.98
Shares Outstanding (Basic)	188	186	181	119	56
Shares Outstanding (Diluted)	188	186	181	119	56
Shares Change (YoY)	1.47%	2.90%	51.67%	112.56%	-
EPS (Basic)	-0.12	-0.05	-0.06	-0.11	-0.14
EPS (Diluted)	-0.12	-0.05	-0.06	-0.11	-0.14
Free Cash Flow	-8.37	-10.97	-25.09	-15.66	-6.13
Free Cash Flow Per Share	-0.04	-0.06	-0.14	-0.13	-0.11
Gross Margin	-	-190.83%	-216.86%	-	-
Operating Margin	-	-705.26%	-1722.21%	-1810.74%	-17224.66%
Profit Margin	-	-1343.41%	-1641.83%	-1928.55%	-19870.01%
Free Cash Flow Margin	-	-1519.04%	-4004.75%	-2324.79%	-15260.37%
EBITDA	-6.11	-4.76	-10.51	-12.09	-6.84
D&A For EBITDA	0.32	0.33	0.28	0.1	0.08
EBIT	-6.43	-5.09	-10.79	-12.2	-6.92

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.