Ionic Rare Earths Limited (ASX:IXR)

Ionic Rare Earths Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Cash & Equivalents	12.41	0.6	2.03	11.12	26.76	11.06
Trading Asset Securities	-	0.05	2.92	-	-	-
Cash & Short-Term Investments	12.41	0.65	4.94	11.12	26.76	11.06
Cash Growth	1816.87%	-86.90%	-55.52%	-58.46%	142.05%	1232.10%
Accounts Receivable	-	-	-	-	0.53	0.06
Other Receivables	0.24	0.17	0.07	1.1	-	-
Receivables	0.24	0.17	0.07	1.1	0.53	0.06
Inventory	0.67	0.55	1.07	0.79	-	-
Prepaid Expenses	-	-	-	0.22	-	-
Other Current Assets	0.22	0.06	0.17	-	0.07	0.02
Total Current Assets	13.54	1.43	6.26	13.24	27.36	11.13
Property, Plant & Equipment	1.4	1.68	2.39	3.93	12.6	3.41
Long-Term Investments	23.84	24.22	23.93	21.93	3.93	3.54
Other Intangible Assets	4.82	5.2	4.99	5.43	5.08	-
Other Long-Term Assets	0.04	0.04	-	-	-	-
Total Assets	43.63	32.56	37.57	44.52	48.97	18.08

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Accounts Payable	1.29	1.46	0.57	0.82	0.61	0.39
Accrued Expenses	-	0.34	-	-	-	-
Current Portion of Leases	0.11	0.13	0.12	0.01	0.03	-
Other Current Liabilities	-	0.81	-	-	-	-
Total Current Liabilities	1.4	2.73	0.69	0.82	0.64	0.39
Long-Term Leases	0.24	0.24	0.37	-	0.01	-
Long-Term Deferred Tax Liabilities	0.02	-	-	-	0.03	-
Total Liabilities	1.66	2.97	1.06	0.82	0.68	0.39

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Common Stock	114.11	95.09	92.13	78.33	82.78	47.36
Retained Earnings	-79.66	-73.56	-67.32	-46.12	-37.58	-32.93
Comprehensive Income & Other	7.53	8.07	11.7	11.48	3.08	3.26
Shareholders' Equity	41.98	29.59	36.51	43.7	48.29	17.69
Total Liabilities & Equity	43.63	32.56	37.57	44.52	48.97	18.08

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Total Debt	0.35	0.37	0.49	0.01	0.03	-
Net Cash (Debt)	12.06	0.28	4.46	11.11	26.72	11.06
Net Cash Growth	4221.76%	-93.73%	-59.89%	-58.43%	141.73%	1232.10%
Net Cash Per Share	0.06	0.00	0.03	0.09	0.23	0.12
Filing Date Shares Outstanding	224.97	175.58	161.04	131.87	129.09	106.88
Total Common Shares Outstanding	224.97	175.58	161.04	131.54	129.09	106.88
Working Capital	12.14	-1.31	5.57	12.41	26.71	10.74
Book Value Per Share	0.19	0.17	0.23	0.33	0.37	0.17
Tangible Book Value	37.16	24.4	31.52	38.27	43.21	17.69
Tangible Book Value Per Share	0.17	0.14	0.20	0.29	0.33	0.17
Machinery	-	4.1	3.92	2.61	0.38	-
Leasehold Improvements	-	0.15	0.15	0.12	-	-

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 3, 2026

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