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Europa Metals Ltd announced its final results for the year ended 30 June 2025, reporting a net profit of $3,135,150 and basic profit per share of 3.19 cents. As of 30 June 2025, the company recorded total assets of $3,563,744, net assets of $3,241,406, and cash and cash equivalents of $1,403,949.
| Date | 31 Oct 2025 |
| Time | 13:15:00 |
| Category | Results |
| ID | 7407F |
31 October 2025
Europa Metals Ltd
("Europa Metals", the "Company" or the "Group") (AIM, AltX: EUZ)
Final Results for the Year Ended 30 June 2025
Europa Metals is pleased to announce its final results for the year ended 30 June 2025.
A pdf copy of the full audited Annual Report and Accounts is available at the following link: http://www.rns-pdf.londonstockexchange.com/rns/7407F_1-2025-10-31.pdf and on the Company website https://www.europametals.com/news-announcements/annual-reports-archive. It will shortly be posted to shareholders who have requested hard copies. The Company will advise of the timing and location of its 2025 Annual General Meeting in due course
For further information on the Company, please visit www.europametals.com or contact:
Europa Metals Ltd
Dan Smith, Non-Executive Director and Company Secretary (Australia)
T: +61 8 9486 4036
Myles Campion, Executive Chairman and acting CEO (UK)
Beaumont Cornish (Nominated Adviser/Broker)
James Biddle/Roland Cornish
T: +44 (0) 20 7628 3396
Questco Corporate Advisory Proprietary Limited (JSE Sponsor)
Amanda Mahlunge
T: +27 84 287 2718
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.
Key Extracts from the Company's audited Report and Accounts are set out below:
Consolidated Statement of Profit or Loss and Other Comprehensive Income For the year ended 30 June 2025
|
|
|
2025 |
2024 |
|
|
Note |
$ |
$ |
|
|
|
|
|
|
Other income |
|
- |
277,071 |
|
Other gains |
3(a) |
5,575,725 |
- |
|
|
|
5,575,725 |
277,071 |
|
|
|
|
|
|
Fair value loss on financial assets |
9 |
(1,432,534) |
- |
|
|
|
|
|
|
Exploration expenditure |
|
- |
(15,935) |
|
Foreign exchange gain/(loss) |
|
(16,597) |
(445) |
|
Other expenses |
3(b) |
(991,444) |
(893,471) |
|
Profit/(loss) before income tax |
|
3,135,150 |
(632,780) |
|
Income tax benefit / (expense) |
5 |
- |
- |
|
Net profit/(loss) for the year |
|
3,135,150 |
(632,780) |
|
|
|
|
|
|
Other comprehensive income |
|
|
|
|
Items that may be reclassified subsequently to profit or loss |
|
|
|
|
Net exchange (loss)/gain on translation of foreign operation |
|
- |
- |
|
Other comprehensive income for the year, net of tax |
|
- |
- |
|
Total comprehensive profit/(loss) for the year |
|
3,135,150 |
(632,780) |
|
|
|
|
|
|
Net profit/(loss) for the year attributable to: |
|
|
|
|
Equity holders of the Parent |
|
3,135,150 |
(632,780) |
|
|
|
3,135,150 |
(632,780) |
|
Total comprehensive profit/(loss) for the year attributable to: |
|
|
|
|
Equity holders of the Parent |
|
3,135,150 |
(632,780) |
|
|
|
3,135,150 |
(632,780) |
|
Loss per share |
|
Cents per share |
Cents per share |
|
Basic profit/(loss) for the year attributable to ordinary equity holders of the Parent |
7 |
3.19 |
(0.66) |
|
Diluted profit/(loss) for the year attributable to ordinary equity holders of the Parent |
7 |
3.13 |
(0.66) |
The above Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the accompanying notes
Consolidated Statement of Financial Position
As at 30 June 2025
|
|
|
2025 |
2024 |
|
|
Note |
$ |
$ |
|
Assets |
|
|
|
|
Current assets |
|
|
|
|
Cash and cash equivalents |
8 |
1,403,949 |
252,075 |
|
Trade and other receivables |
10 |
69,155 |
64,673 |
|
Financial assets at FVTPL |
9 |
2,090,640 |
- |
|
Total current assets |
|
3,563,744 |
316,748 |
|
|
|
|
|
|
Total assets |
|
3,563,744 |
316,748 |
|
|
|
|
|
|
Liabilities and equity |
|
|
|
|
Current liabilities |
|
|
|
|
Trade and other payables |
12 |
113,141 |
310,773 |
|
Borrowings |
13 |
209,197 |
- |
|
Total current liabilities |
|
322,338 |
310,773 |
|
|
|
|
|
|
Total liabilities |
|
322,338 |
310,773 |
|
|
|
|
|
|
Net assets |
|
3,241,406 |
5,975 |
|
|
|
|
|
|
Equity |
|
|
|
|
Contributed equity |
14 |
49,662,517 |
49,562,236 |
|
Accumulated losses |
17 |
(46,463,740) |
(52,856,850) |
|
Reserves |
16 |
42,629 |
3,300,589 |
|
Total equity |
|
3,241,406 |
5,975 |
The above Consolidated Statement of Financial Position is to be read in conjunction with the accompanying notes in the full Annual Report and Accounts.
Consolidated Statement of Cash Flows
For the year ended 30 June 2025
|
|
|
2025 |
2024 |
|
|
Note |
$ |
$ |
|
Cash flows used in operating activities |
|
|
|
|
Receipts from associate |
|
- |
277,071 |
|
Exploration and evaluation expenditure |
|
- |
(4,792) |
|
Payments to suppliers and employees |
|
(1,102,418) |
(672,095) |
|
Net cash flows used in operating activities |
20 |
(1,102,418) |
(399,816) |
|
|
|
|
|
|
Cash flows used in investing activities |
|
|
|
|
Proceeds from sale of equity investments |
|
2,052,551 |
- |
|
Net cash flows used in investing activities |
|
2,052,551 |
- |
|
|
|
|
|
|
Cash flows from financing activities |
|
|
|
|
Proceeds from borrowings |
|
224,161 |
- |
|
Net cash flows from financing activities |
|
224,161 |
- |
|
|
|
|
|
|
Net increase/(decrease) in cash and cash equivalents held |
|
1,174,294 |
(399,816) |
|
Net foreign exchange difference |
|
(22,420) |
(2,099) |
|
Cash and cash equivalents at 1 July |
|
252,075 |
653,990 |
|
Cash and cash equivalents at 30 June |
8 |
1,403,949 |
252,075 |
|
|
|
|
|
The above Consolidated Statement of Cash Flows should be read in conjunction with the accompanying notes in the full Annual Report and Accounts which can be accessed via the following link: https://www.europametals.com/news-announcements/annual-reports-archive and via http://www.rns-pdf.londonstockexchange.com/rns/7407F_1-2025-10-31.pdf