Aeris Resources (AIS) H2 2025 earnings summary

Executive summary

• FY25 saw significant improvement across all key financial metrics, with EBITDA up 78% to $163.7 million and net profit after tax rising 286% to $45.2 million compared to FY24.

• Positive cash flow from operations increased 109% to $130.9 million, reflecting strong operational performance and cost control.

• Revenue grew 7% year-over-year to $577.1 million, driven by higher commodity prices and effective management.

• The business met group-level copper equivalent guidance and completed refinancing, positioning for FY26 strategic initiatives.

Financial highlights

• Adjusted EBITDA rose 68% to $179.6 million year-over-year.

• Gross profit increased 224% to $115.4 million, while cost of sales improved by 8%.

• Basic earnings per share improved to 4.7 cents from a loss of 2.9 cents in FY24.

• Cash and cash equivalents rose 14% to $28.2 million; restricted cash increased 77% to $17.7 million.

• Net assets grew 17% to $317.8 million as of June 30, 2025.

Outlook and guidance

• Focus for FY26 includes lifting production at Tritton, extending mine lives at Tritton and Cracow, adding project value, and divesting non-core assets.