Ryzon Materials (RYZ) investor relations material

Executive summary

• Reported a consolidated net loss after tax of $15.8 million for FY2025, compared to a profit of $9.0 million in FY2024, driven by full impairment of development assets and reduced income from deconsolidated subsidiaries.

• The Nachu Graphite Project in Tanzania remains the primary focus, with efforts on securing offtake agreements and financing, but the project was fully impaired to nil at year-end due to funding uncertainty and lack of independent valuation.

• The Imperium3 New York (IM3NY) battery plant was deconsolidated after entering Chapter 11 bankruptcy; the company retains an economic interest but expects no return on investment.

• No dividends were paid or declared for the year.

Financial highlights

• Revenue and other income totaled $53.9 million in FY2024, dropping to $53,931 in FY2025 after deconsolidation of IM3NY.

• Operating loss after tax was $15.8 million (FY2024: profit $9.0 million).

• Basic and diluted loss per share was 1.31 cents (FY2024: earnings of 1.29 cents per share).

• Cash and cash equivalents at year-end were $77,621, with borrowings of $8.2 million.

• No new shares were issued; capital raisings and options exercised were nil.

• Full impairment of $8.1 million was recognized on the Nachu Graphite Project.

Outlook and guidance

• The company intends to progress the Nachu Graphite Project, focusing on securing funding and offtake agreements.

• Reinstatement of ASX quotation is contingent on demonstrating compliance with listing rules and sufficient operational activity.

• Ongoing support from secured lenders and potential equity facility is critical for future operations.