Black Horse Mining Limited (ASX:BHL)

Black Horse Mining Income Statement

Financials in millions AUD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY	FY
Period Ending	Jun 30, 2025	Dec 31, 2018	Dec 31, 2017
Revenue	-	46.16	5.96
Revenue Growth (YoY)	-	674.74%	-
Cost of Revenue	-	21.87	0.14
Gross Profit	-	24.29	5.81
Selling, General & Admin	0.22	11.18	9.48
Other Operating Expenses	-	0.14	0
Operating Expenses	0.25	12.07	9.67
Operating Income	-0.25	12.22	-3.86
Interest Expense	-	-3.59	-0.82
Currency Exchange Gain (Loss)	-	-1.07	0.1
Other Non Operating Income (Expenses)	-	1.14	0.04
EBT Excluding Unusual Items	-0.25	8.7	-4.54
Other Unusual Items	-	-3.89	-
Pretax Income	-0.25	4.81	-4.54
Income Tax Expense	-	1.58	-0.11
Earnings From Continuing Operations	-0.25	3.23	-4.44
Earnings From Discontinued Operations	-	0.16	5.71
Net Income to Company	-0.25	3.38	1.27
Minority Interest in Earnings	-	-0.02	-0
Net Income	-0.25	3.36	1.27
Net Income to Common	-0.25	3.36	1.27
Net Income Growth	-	164.25%	-
Free Cash Flow	-0.17	-4.52	-16.67
Gross Margin	-	52.61%	97.58%
Operating Margin	-	26.47%	-64.72%
Profit Margin	-	7.27%	21.32%
Free Cash Flow Margin	-	-9.78%	-279.73%
EBITDA	-	12.97	-3.67
EBITDA Margin	-	28.09%	-61.63%
D&A For EBITDA	-	0.75	0.18
EBIT	-0.25	12.22	-3.86
EBIT Margin	-	26.47%	-64.72%
Effective Tax Rate	-	32.91%	-

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