ASX:MCE 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
Revenue	62.24	74.77	85.04	47.2	28.63	17.62
Revenue Growth (YoY)	-36.31%	-12.07%	80.15%	64.91%	62.48%	-35.79%
Cost of Revenue	58.32	64	67.51	41.62	26.95	20.45
Gross Profit	3.92	10.77	17.53	5.59	1.68	-2.83
Selling, General & Admin	8.83	8.1	7.63	6.48	6.14	5.35
Research & Development	3.88	3.63	3.3	2.19	1.43	0.98
Other Operating Expenses	0.13	0.03	0.03	0.03	0.04	-
Operating Expenses	12.84	11.76	10.96	8.69	7.6	6.32
Operating Income	-8.92	-0.99	6.57	-3.1	-5.92	-9.15
Interest Expense	-3.86	-3.87	-3.67	-2.79	-2.07	-2.11
Interest & Investment Income	0.57	0.75	0.89	0.33	0.01	0.02
Currency Exchange Gain (Loss)	-0.51	0.35	-0.69	-0.36	0.69	-1.32
Other Non Operating Income (Expenses)	0.19	2.02	0.54	-1.22	2.19	0.07
EBT Excluding Unusual Items	-12.53	-1.76	3.64	-7.14	-5.11	-12.49
Gain (Loss) on Sale of Assets	0.06	-	0	0.03	0.07	-
Asset Writedown	-	-	-	15.8	-	-15.49
Other Unusual Items	-	-	-	-	-	0.05
Pretax Income	-12.47	-1.76	3.65	8.68	-5.04	-27.92
Income Tax Expense	0.19	0.46	-	-	-0.26	-
Net Income	-12.66	-2.22	3.65	8.68	-4.78	-27.92
Net Income to Common	-12.66	-2.22	3.65	8.68	-4.78	-27.92
Net Income Growth	-	-	-58.00%	-	-	-
Shares Outstanding (Basic)	222	222	219	167	146	102
Shares Outstanding (Diluted)	222	222	253	167	146	102
Shares Change (YoY)	-16.54%	-12.23%	51.46%	14.40%	42.76%	-
EPS (Basic)	-0.06	-0.01	0.02	0.05	-0.03	-0.27
EPS (Diluted)	-0.06	-0.01	0.01	0.05	-0.03	-0.27
EPS Growth	-	-	-72.28%	-	-	-
Free Cash Flow	3.81	-5.27	6.54	-11.26	-5.05	-6.96
Free Cash Flow Per Share	0.02	-0.02	0.03	-0.07	-0.04	-0.07
Gross Margin	6.30%	14.41%	20.61%	11.84%	5.86%	-16.05%
Operating Margin	-14.32%	-1.32%	7.73%	-6.58%	-20.70%	-51.94%
Profit Margin	-20.33%	-2.97%	4.29%	18.39%	-16.68%	-158.50%
Free Cash Flow Margin	6.13%	-7.05%	7.69%	-23.85%	-17.64%	-39.48%
EBITDA	-2.43	3.67	9.78	-0.6	-2.88	-5.43
EBITDA Margin	-3.90%	4.91%	11.49%	-1.27%	-10.06%	-30.81%
D&A For EBITDA	6.49	4.66	3.2	2.51	3.05	3.72
EBIT	-8.92	-0.99	6.57	-3.1	-5.92	-9.15
EBIT Margin	-14.32%	-1.32%	7.73%	-6.58%	-20.70%	-51.94%

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