Ionic Rare Earths 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	-	-	-	0.84	-	-
Other Revenue	1.62	1.55	2.04	1.92	0.22	0.21
Revenue	1.62	1.55	2.04	2.76	0.22	0.21
Revenue Growth (YoY)	-12.55%	-24.12%	-25.96%	1152.64%	3.03%	-
Gross Profit	1.62	1.55	2.04	2.76	0.22	0.21
Selling, General & Admin	4.11	5	7.31	5.42	3.22	1.42
Research & Development	0.32	0.42	0.82	0.77	0.08	-
Amortization of Goodwill & Intangibles	-	-	-	-	0.03	-
Other Operating Expenses	3.85	1.25	2.97	2.48	-	-
Operating Expenses	12.54	11.32	25.49	11.56	4.87	2.4
Operating Income	-10.92	-9.76	-23.45	-8.8	-4.65	-2.19
Interest Expense	-0.02	-0.03	-0.06	-0	-0	-
Interest & Investment Income	0.04	-	-	0.27	0	0
Currency Exchange Gain (Loss)	-0.02	-0.01	-0.01	-0	-	-
Other Non Operating Income (Expenses)	-0.01	-0.01	-0	-	-	-
EBT Excluding Unusual Items	-10.93	-9.81	-23.52	-8.54	-4.64	-2.19
Gain (Loss) on Sale of Investments	-	-1.53	2.32	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.19
Pretax Income	-10.93	-11.34	-21.2	-8.54	-4.64	-2.38
Earnings From Continuing Operations	-10.93	-11.34	-21.2	-8.54	-4.64	-2.38
Net Income	-10.93	-11.34	-21.2	-8.54	-4.64	-2.38
Net Income to Common	-10.93	-11.34	-21.2	-8.54	-4.64	-2.38
Shares Outstanding (Basic)	189	169	142	130	116	96
Shares Outstanding (Diluted)	189	169	142	130	116	96
Shares Change (YoY)	19.20%	19.07%	8.88%	12.47%	21.06%	43.73%
EPS (Basic)	-0.06	-0.07	-0.15	-0.07	-0.04	-0.02
EPS (Diluted)	-0.06	-0.07	-0.15	-0.07	-0.04	-0.02
Free Cash Flow	-9.14	-5.93	-22.37	-13.99	-12.62	-4.5
Free Cash Flow Per Share	-0.05	-0.04	-0.16	-0.11	-0.11	-0.05
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-674.06%	-629.47%	-1146.77%	-318.79%	-2107.39%	-1022.31%
Profit Margin	-674.41%	-731.12%	-1037.00%	-309.23%	-2106.81%	-1111.31%
Free Cash Flow Margin	-563.96%	-382.19%	-1094.24%	-506.53%	-5727.28%	-2102.20%
EBITDA	-10.08	-8.74	-21.35	-8.2	-4.6	-
EBITDA Margin	-	-	-	-296.96%	-	-
D&A For EBITDA	0.84	1.03	2.1	0.6	0.04	-
EBIT	-10.92	-9.76	-23.45	-8.8	-4.65	-2.19
Advertising Expenses	-	0.19	0.32	-	0.44	0.16

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