Metals X Limited (ASX:MLX)

Metals X Income Statement

Financials in millions AUD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jun 30, 2022	Jun 30, 2021
Revenue	271.38	218.82	153.78	187.92	228.88	93.83
Revenue Growth (YoY)	45.73%	42.29%	-18.16%	-17.90%	143.92%	28.11%
Cost of Revenue	148.07	123.56	105.16	100.59	98.3	75.15
Gross Profit	123.32	95.26	48.63	87.33	130.58	18.69
Selling, General & Admin	3.19	2.74	3.8	3.25	3.44	5.78
Other Operating Expenses	0.25	0.25	0.13	0.08	0.07	-0.85
Operating Expenses	3.44	3	3.94	3.31	3.49	4.58
Operating Income	119.88	92.27	44.69	84.02	127.09	14.11
Interest Expense	-0.4	-0.31	-0.74	-0.26	-0.54	-2.97
Interest & Investment Income	11.3	9.84	7.09	1.43	1.5	1.89
Earnings From Equity Investments	-1.15	-0.88	-0.96	-	-	-
Currency Exchange Gain (Loss)	-	-	-	0.01	0.04	-0.41
Other Non Operating Income (Expenses)	-1.07	-0.86	-2.02	7.61	0.85	0.06
EBT Excluding Unusual Items	128.56	100.05	48.06	92.82	128.94	12.68
Gain (Loss) on Sale of Investments	38.36	20.18	-21.24	5.57	4.54	-
Gain (Loss) on Sale of Assets	0.02	-	-	-	0.34	-
Other Unusual Items	-	-	-	-	-	10.25
Pretax Income	166.94	120.23	26.82	98.38	133.81	22.93
Income Tax Expense	26.51	17.88	12.23	-38.54	-42.53	-
Earnings From Continuing Operations	140.43	102.35	14.59	136.93	176.34	22.93
Earnings From Discontinued Operations	-	-	-	7.57	7.56	64.27
Net Income	140.43	102.35	14.59	144.5	183.89	87.2
Net Income to Common	140.43	102.35	14.59	144.5	183.89	87.2
Net Income Growth	708.17%	601.74%	-89.91%	-21.42%	110.89%	-
Shares Outstanding (Basic)	903	903	907	907	907	907
Shares Outstanding (Diluted)	903	903	907	907	907	907
Shares Change (YoY)	-0.34%	-0.50%	0.01%	-0.01%	-	6.76%
EPS (Basic)	0.16	0.11	0.02	0.16	0.20	0.10
EPS (Diluted)	0.16	0.11	0.02	0.16	0.20	0.10
EPS Growth	710.91%	605.29%	-89.91%	-21.42%	110.89%	-
Free Cash Flow	105.78	102.63	29.93	63.51	113.22	-18.26
Free Cash Flow Per Share	0.12	0.11	0.03	0.07	0.13	-0.02
Gross Margin	45.44%	43.53%	31.62%	46.47%	57.05%	19.92%
Operating Margin	44.17%	42.16%	29.06%	44.71%	55.53%	15.04%
Profit Margin	51.74%	46.77%	9.48%	76.89%	80.35%	92.93%
Free Cash Flow Margin	38.98%	46.90%	19.46%	33.80%	49.47%	-19.46%
EBITDA	147.47	115.32	58.68	95.4	140.27	28.67
EBITDA Margin	54.34%	52.70%	38.16%	50.77%	61.29%	30.55%
D&A For EBITDA	27.59	23.06	13.99	11.39	13.18	14.56
EBIT	119.88	92.27	44.69	84.02	127.09	14.11
EBIT Margin	44.17%	42.16%	29.06%	44.71%	55.53%	15.04%
Effective Tax Rate	15.88%	14.87%	45.62%	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.