ASX:AR1 Income Statement

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

Millions AUD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	3.53	-	110.28	53.99	37.26
Other Revenue	2.11	4.17	-	-	-
Revenue	5.64	4.17	110.28	53.99	37.26
Revenue Growth (YoY)	35.22%	-96.22%	104.25%	44.91%	48.79%
Cost of Revenue	2.56	-	86.46	58.62	34.65
Gross Profit	3.08	4.17	23.82	-4.63	2.61
Selling, General & Admin	1.67	2.67	3	4.03	7.86
Other Operating Expenses	6.28	6.36	9.99	6.37	1.22
Operating Expenses	9.23	10	14.05	17.78	10.64
Operating Income	-6.16	-5.83	9.77	-22.41	-8.03
Interest Expense	-0.5	-0.01	-9.38	-6.76	-5.35
Interest & Investment Income	-	-	1.17	0.08	0.09
Currency Exchange Gain (Loss)	0.36	0.57	-0.37	-1.04	-0.1
Other Non Operating Income (Expenses)	-	-	-0.04	0.25	-0.98
EBT Excluding Unusual Items	-6.3	-5.27	1.15	-29.87	-14.37
Gain (Loss) on Sale of Assets	-	-	-	-	0.07
Pretax Income	-6.14	-0.74	1.92	-29.8	-11.73
Earnings From Continuing Operations	-6.14	-0.74	1.92	-29.8	-11.73
Earnings From Discontinued Operations	18.01	-21.88	-	-	-
Net Income	11.87	-22.62	1.92	-29.8	-11.73
Net Income to Common	11.87	-22.62	1.92	-29.8	-11.73
Shares Outstanding (Basic)	594	566	527	450	153
Shares Outstanding (Diluted)	594	566	559	450	153
Shares Change (YoY)	4.99%	1.08%	24.34%	194.17%	-65.66%
EPS (Basic)	0.02	-0.04	0.00	-0.07	-0.08
EPS (Diluted)	0.02	-0.04	0.00	-0.07	-0.08
Free Cash Flow	-19.42	-3.69	4.63	-51.21	-3.77
Free Cash Flow Per Share	-0.03	-0.01	0.01	-0.11	-0.03
Gross Margin	54.58%	100.00%	21.60%	-8.58%	7.00%
Operating Margin	-109.24%	-139.83%	8.86%	-41.50%	-21.54%
Profit Margin	210.68%	-542.71%	1.74%	-55.19%	-31.48%
Free Cash Flow Margin	-344.50%	-88.44%	4.20%	-94.85%	-10.11%
EBITDA	-4.47	-4.54	26.91	-11.47	-8.02
EBITDA Margin	-79.38%	-108.93%	24.40%	-21.24%	-21.52%
D&A For EBITDA	1.68	1.29	17.15	10.94	0.01
EBIT	-6.16	-5.83	9.77	-22.41	-8.03
EBIT Margin	-109.24%	-139.83%	8.86%	-41.50%	-21.54%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.