Heavy Rare Earths Limited (ASX:HRE)

Heavy Rare Earths Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Revenue	0.09	0.31	-	-
Revenue Growth (YoY)	-71.25%	-	-	-
Gross Profit	0.09	0.31	-	-
Selling, General & Admin	1.19	0.86	0.94	0.27
Operating Expenses	3.35	1.66	4.23	0.27
Operating Income	-3.26	-1.34	-4.23	-0.27
Interest & Investment Income	0.04	0.04	0.03	-
Other Non Operating Income (Expenses)	-	-	-0.17	-0.09
Pretax Income	-3.22	-1.31	-4.37	-0.36
Net Income	-3.22	-1.31	-4.37	-0.36
Net Income to Common	-3.22	-1.31	-4.37	-0.36
Shares Outstanding (Basic)	141	68	64	6
Shares Outstanding (Diluted)	141	68	64	6
Shares Change (YoY)	106.44%	7.06%	1049.61%	-
EPS (Basic)	-0.02	-0.02	-0.07	-0.06
EPS (Diluted)	-0.02	-0.02	-0.07	-0.06
Free Cash Flow	-1.43	-1.17	-3.6	-0.77
Free Cash Flow Per Share	-0.01	-0.02	-0.06	-0.14
Gross Margin	100.00%	100.00%	-	-
Operating Margin	-3632.13%	-430.34%	-	-
Profit Margin	-3583.87%	-419.10%	-	-
Free Cash Flow Margin	-1597.57%	-373.71%	-	-
EBIT	-3.26	-1.34	-4.23	-0.27
Revenue as Reported	0.13	0.35	0.03	-

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