True North Copper Limited (ASX:TNC)

True North Copper Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	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

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