Bougainville Copper (BOC) H1 2025 earnings summary

Executive summary

• Revenue from ordinary activities decreased by 10.4% to K1,416,000 compared to the same period last year.

• Net loss after tax attributable to members increased by 17.7% to K7,357,000 year-over-year.

• No interim or final dividends were declared for the period.

Financial highlights

• Revenue declined from K1,580,000 to K1,416,000 year-over-year.

• Expenses from ordinary activities rose to K8,774,000 from K7,833,000.

• Net loss widened to K7,357,000 from K6,253,000 year-over-year.

• Basic and diluted EPS fell to (1.83) toea from (1.56) toea.

• Net tangible asset backing per ordinary security decreased to K0.198 from K0.215.

Outlook and guidance

• The company maintains a strong physical presence in Bougainville and is working to fulfill exploration licence requirements.

• No material events after 30 June 2025 requiring adjustment or disclosure.