Bulletin Resources Income Statement

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

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Operating Revenue	-	-	-	-	0.15	1.8
Other Revenue	0.53	0.07	0.21	3.11	0.2	0.06
Revenue	0.53	0.07	0.21	3.11	0.36	1.85
Revenue Growth (YoY)	149.50%	-65.36%	-93.20%	769.00%	-80.68%	412.70%
Gross Profit	0.53	0.07	0.21	3.11	0.36	1.85
Selling, General & Admin	1	0.97	1.68	1.8	0.97	0.6
Operating Expenses	1.51	1.55	2.42	2.94	1.79	1.79
Operating Income	-0.98	-1.48	-2.21	0.17	-1.44	0.06
Interest & Investment Income	0.26	0.32	0.34	0.12	0	0
EBT Excluding Unusual Items	-0.72	-1.16	-1.87	0.29	-1.44	0.06
Gain (Loss) on Sale of Investments	9.43	4.19	1.31	0.55	2.06	-0.41
Gain (Loss) on Sale of Assets	-	-	-	-	-	4.77
Asset Writedown	-0.54	-0.54	-	-	-	-
Pretax Income	8.18	2.49	-0.56	0.85	0.62	4.42
Income Tax Expense	1.92	0.75	0.09	0.28	0.16	0.86
Earnings From Continuing Operations	6.26	1.75	-0.65	0.56	0.46	3.55
Net Income	6.26	1.75	-0.65	0.56	0.46	3.55
Net Income to Common	6.26	1.75	-0.65	0.56	0.46	3.55
Net Income Growth	7047.07%	-	-	21.81%	-86.98%	-
Shares Outstanding (Basic)	295	294	294	293	256	179
Shares Outstanding (Diluted)	295	294	294	298	276	195
Shares Change (YoY)	1.66%	0.00%	-1.41%	7.90%	41.63%	8.70%
EPS (Basic)	0.02	0.01	-0.00	0.00	0.00	0.02
EPS (Diluted)	0.02	0.01	-0.00	0.00	0.00	0.02
EPS Growth	6921.26%	-	-	5.95%	-90.66%	-
Free Cash Flow	-1.4	-1.33	-1.56	1.41	-1.9	-0.15
Free Cash Flow Per Share	-0.01	-0.01	-0.01	0.01	-0.01	-0.00
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-183.47%	-2017.69%	-1043.89%	5.52%	-401.39%	3.20%
Profit Margin	1174.91%	2387.85%	-306.30%	18.12%	129.30%	191.91%
Free Cash Flow Margin	-262.46%	-1823.59%	-737.72%	45.24%	-530.96%	-7.89%
EBITDA	-0.96	-1.46	-2.19	0.19	-1.43	0.14
EBITDA Margin	-180.79%	-	-	5.98%	-	7.71%
D&A For EBITDA	0.01	0.01	0.01	0.01	0	0.08
EBIT	-0.98	-1.48	-2.21	0.17	-1.44	0.06
EBIT Margin	-183.47%	-	-	5.52%	-	3.20%
Effective Tax Rate	23.46%	29.91%	-	33.33%	25.65%	19.56%

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