Quantum Graphite (QGL) H2 2025 earnings summary

Executive summary

• Focused on exploration, mining, and processing of natural flake graphite, with expansion into energy storage products via joint venture Sunlands Power.

• Achieved technical milestones, updated feasibility study, and advanced Uley 2 project positioning for major funding.

• Commonwealth awarded Major Project Status to Sunlands Eyre Peninsula Graphite Hub, benefiting Uley 2.

• Net loss for the year was $4,913,809, reflecting increased investment in exploration, funding applications, and due diligence for financiers.

Financial highlights

• Total revenue and other income: $1,820,200 (2024: $438,878).

• EBITDA: $(4,457,564) (2024: $(4,063,822)).

• EBIT: $(4,483,729) (2024: $(4,093,459)).

• Net loss after tax: $(4,913,809) (2024: $(4,368,833)).

• Basic and diluted loss per share: (1.41) cents (2024: (1.29) cents).

• Cash and cash equivalents at year end: $1,583,575 (2024: $1,435,917).

• Total assets: $22,868,873; total liabilities: $8,093,260; net assets: $14,775,613.

Outlook and guidance

• Uley 2 project well positioned to attract major funding partners in 2025.

• Directors believe the group will continue as a going concern, with flexibility to adjust exploration and evaluation activities.

• If required, additional capital can be raised from shareholders.