Chatham Rock Phosphate (CRP) H1 2026 earnings summary

Executive summary

• Report covers unaudited consolidated results for the three and nine months ended December 31, 2025 and 2024, expressed in Canadian dollars.

• The group operates in New Zealand, French Polynesia, and Australia, focusing on phosphate mining projects.

• Net loss for the nine months ended December 31, 2025 was $725,733, an improvement from $1,006,426 loss in the prior year.

• The company remains in a development stage and expects to incur further losses as it advances its projects.

Financial highlights

• Total assets at December 31, 2025 were $6,808,863, down from $6,876,175 at March 31, 2025.

• Cash and cash equivalents increased to $71,441 from $35,206 at March 31, 2025.

• Revenue remains minimal; expenses for the nine months were $754,372, down from $1,007,508 year-over-year.

• Basic and diluted loss per share for the nine months was $(0.007), improved from $(0.010) year-over-year.

• Shareholders' equity decreased to $6,283,488 from $6,476,041 at March 31, 2025.

Outlook and guidance

• Management expects continued losses as development progresses and is actively seeking additional capital.

• The group is considering farm-downs or asset sales to advance commercialization, particularly for the Chatham Rise project.

• A non-binding term sheet was signed with an interested party for a potential earn-in of up to 75% in Chatham Rise, pending due diligence.