29Metals Income Statement

Financials in millions AUD. Fiscal year is January - December.

Millions AUD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	579.03	551.06	449.75	720.69	600.76	434.45
Revenue Growth (YoY)	26.50%	22.53%	-37.59%	19.96%	38.28%	-33.89%
Cost of Revenue	535.6	562.62	540.87	716.8	464.12	325.84
Gross Profit	43.44	-11.56	-91.12	3.89	136.64	108.61
Selling, General & Admin	33.59	33.24	139.83	33.88	18.64	4.69
Other Operating Expenses	12.23	14.4	7.52	9.16	14.36	-3.13
Operating Expenses	51.17	51.86	152.44	43.05	33	1.56
Operating Income	-7.74	-63.41	-243.56	-39.16	103.65	107.05
Interest Expense	-26.99	-27.47	-25.66	-14.16	-11.79	-189.97
Interest & Investment Income	4.39	3.38	5.23	1.39	0.09	0.29
Currency Exchange Gain (Loss)	-4.85	-20.44	4.23	-12.2	-13.45	26.81
Other Non Operating Income (Expenses)	-1.32	-1.48	-1.35	-1.69	-14.96	93.31
EBT Excluding Unusual Items	-36.51	-109.41	-261.1	-65.82	63.55	37.49
Merger & Restructuring Charges	-68.6	-68.6	-	-	-26.43	-
Gain (Loss) on Sale of Assets	0.34	0.73	0.48	-	-	-
Asset Writedown	-	-30	-143	-	-	-
Other Unusual Items	-2.23	-6.22	-2.77	-	-19.34	-2.98
Pretax Income	-33.1	-177.61	-382.39	-65.82	17.78	34.51
Income Tax Expense	-	-	58.07	-18.59	-103.24	34.51
Net Income	-33.1	-177.61	-440.46	-47.22	121.01	-
Net Income to Common	-33.1	-177.61	-440.46	-47.22	121.01	-
Shares Outstanding (Basic)	1,065	730	552	481	249	480
Shares Outstanding (Diluted)	1,065	730	552	481	250	480
Shares Change (YoY)	60.98%	32.43%	14.62%	92.43%	-47.92%	-
EPS (Basic)	-0.03	-0.24	-0.80	-0.10	0.49	-
EPS (Diluted)	-0.03	-0.24	-0.80	-0.10	0.48	-
Free Cash Flow	7.52	-14.62	-85.47	88.3	28.02	89.57
Free Cash Flow Per Share	0.01	-0.02	-0.15	0.18	0.11	0.19
Dividend Per Share	-	-	-	0.020	-	-
Gross Margin	7.50%	-2.10%	-20.26%	0.54%	22.75%	25.00%
Operating Margin	-1.34%	-11.51%	-54.16%	-5.43%	17.25%	24.64%
Profit Margin	-5.72%	-32.23%	-97.94%	-6.55%	20.14%	-
Free Cash Flow Margin	1.30%	-2.65%	-19.00%	12.25%	4.66%	20.62%
EBITDA	112.44	42.24	-142.89	117.47	176.7	148.05
EBITDA Margin	19.42%	7.67%	-31.77%	16.30%	29.41%	34.08%
D&A For EBITDA	120.18	105.66	100.67	156.63	73.05	41
EBIT	-7.74	-63.41	-243.56	-39.16	103.65	107.05
EBIT Margin	-1.34%	-11.51%	-54.16%	-5.43%	17.25%	24.64%
Effective Tax Rate	-	-	-	-	-	100.00%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.