MetalsTech (MTC) H2 2025 earnings summary

Executive summary

• Focused on gold exploration, with the flagship Sturec Gold Mine in Slovakia advancing toward a Pre-Feasibility Study (PFS) and robust project economics demonstrated in an updated Scoping Study.

• Completed strategic placements raising A$3.3 million, repaid redeemable notes post-year-end, and secured a $5 million working capital facility.

• Engaged Mining One to complete the PFS, with completion targeted for Q4 2025.

Financial highlights

• Net loss after tax of $2,512,183 for FY25, compared to a $2,263,451 loss in FY24.

• Cash and cash equivalents increased to $1,622,981 from $628,398 year-over-year.

• Net assets at $6,205,260, down from $6,510,186 in the prior year.

• Total other income of $5,488, up from $2,734 in FY24.

• Exploration and evaluation expenditure capitalized at $9,379,043, up from $8,135,834.

Outlook and guidance

• PFS for Sturec Gold Mine expected to be completed by Q4 2025, supporting future development and strategic partnerships.

• High gold and silver prices are driving significant inbound interest and are expected to positively impact project economics.

• Additional metallurgical testwork and ore sorting technology reviews underway to enhance recoveries and project value.