Lynas Rare Earths Limited (ASX:LYC)

Lynas Rare Earths Income Statement

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

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
Revenue	715.89	556.51	463.29	739.28	920.01	489.02
Revenue Growth (YoY)	48.27%	20.12%	-37.33%	-19.65%	88.13%	60.28%
Cost of Revenue	493.09	426.7	330.59	399.89	348.38	302.24
Gross Profit	222.8	129.82	132.7	339.39	571.63	186.78
Selling, General & Admin	134.38	106.6	61.45	54.25	38.86	24.19
Other Operating Expenses	10.91	13.24	9.47	7.14	3.8	3.19
Operating Expenses	145.29	119.83	70.91	61.39	46.72	30.34
Operating Income	77.51	9.98	61.79	278	524.91	156.44
Interest Expense	-4.48	-2.26	-0.85	1.68	-5.85	-10.06
Interest & Investment Income	21.28	17.38	39.85	36.36	4.64	2.93
Currency Exchange Gain (Loss)	-3.96	-15	4.99	32.18	12.42	8.41
Other Non Operating Income (Expenses)	-0.59	-0.36	-0.27	-0.38	-0.36	-0.22
EBT Excluding Unusual Items	89.77	9.74	105.5	347.84	535.76	157.49
Pretax Income	89.77	9.74	105.5	347.84	535.76	157.49
Income Tax Expense	7.42	1.75	20.99	37.17	-5.07	0.4
Net Income	82.35	7.99	84.51	310.67	540.82	157.08
Net Income to Common	82.35	7.99	84.51	310.67	540.82	157.08
Net Income Growth	62.01%	-90.55%	-72.80%	-42.56%	244.29%	-
Shares Outstanding (Basic)	958	935	934	912	902	869
Shares Outstanding (Diluted)	961	940	938	916	906	873
Shares Change (YoY)	2.35%	0.18%	2.42%	1.10%	3.74%	25.80%
EPS (Basic)	0.09	0.01	0.09	0.34	0.60	0.18
EPS (Diluted)	0.09	0.01	0.09	0.34	0.60	0.18
EPS Growth	58.54%	-90.57%	-73.44%	-43.18%	231.85%	-
Free Cash Flow	-145.77	-326.66	-544.38	-208.76	273.77	174.62
Free Cash Flow Per Share	-0.15	-0.35	-0.58	-0.23	0.30	0.20
Gross Margin	31.12%	23.33%	28.64%	45.91%	62.13%	38.20%
Operating Margin	10.83%	1.79%	13.34%	37.60%	57.05%	31.99%
Profit Margin	11.50%	1.44%	18.24%	42.02%	58.78%	32.12%
Free Cash Flow Margin	-20.36%	-58.70%	-117.50%	-28.24%	29.76%	35.71%
EBITDA	128.26	45.54	69.76	288.87	531.46	161.94
EBITDA Margin	17.92%	8.18%	15.06%	39.07%	57.77%	33.12%
D&A For EBITDA	50.75	35.56	7.97	10.86	6.55	5.5
EBIT	77.51	9.98	61.79	278	524.91	156.44
EBIT Margin	10.83%	1.79%	13.34%	37.60%	57.05%	31.99%
Effective Tax Rate	8.26%	17.96%	19.89%	10.69%	-	0.26%

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