True North Copper Income Statement

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

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Revenue	0.67	2.39	1.5	-
Revenue Growth (YoY)	-72.13%	59.45%	-	-
Cost of Revenue	3.93	1.55	0.74	-
Gross Profit	-3.26	0.84	0.75	-
Selling, General & Admin	17.29	18.24	7.11	0.44
Other Operating Expenses	-0.74	-0.89	-	-
Operating Expenses	23.46	18.73	7.54	0.44
Operating Income	-26.72	-17.89	-6.78	-0.44
Interest Expense	-6.28	-3.11	-0.1	-2.41
Interest & Investment Income	1.21	0.3	0	-
Currency Exchange Gain (Loss)	-1.93	-	-	-
Other Non Operating Income (Expenses)	-2	-4.47	-0.35	-1.19
EBT Excluding Unusual Items	-35.72	-25.17	-7.23	-4.05
Merger & Restructuring Charges	-	-	-7.22	-
Gain (Loss) on Sale of Assets	-	-	0.1	-
Asset Writedown	-8.48	-	-	-
Other Unusual Items	15.78	0.11	-19.7	-
Pretax Income	-28.42	-25.06	-34.05	-4.05
Net Income	-28.42	-25.06	-34.05	-4.05
Net Income to Common	-28.42	-25.06	-34.05	-4.05
Shares Outstanding (Basic)	68	6	2	1
Shares Outstanding (Diluted)	68	6	2	1
Shares Change (YoY)	1118.39%	205.55%	83.89%	-
EPS (Basic)	-0.42	-4.46	-18.51	-4.05
EPS (Diluted)	-0.42	-4.46	-18.51	-4.05
Free Cash Flow	-22.91	-34.82	-14.21	-5.71
Free Cash Flow Per Share	-0.34	-6.20	-7.73	-5.71
Gross Margin	-	35.04%	50.40%	-
Operating Margin	-4018.50%	-749.83%	-453.27%	-
Profit Margin	-4273.98%	-1050.25%	-2275.19%	-
Free Cash Flow Margin	-3445.71%	-1459.35%	-949.90%	-
EBITDA	-20.68	-17.62	-6.64	-
D&A For EBITDA	6.05	0.27	0.14	-
EBIT	-26.72	-17.89	-6.78	-0.44

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