Rimfire Pacific Mining (RIM) H1 2026 earnings summary

Executive summary

• Reported a net loss of $1,383,586 for the half-year ended 31 December 2025, an improvement from a $1,584,248 loss in the prior year period, mainly due to reduced professional fees related to legal matters.

• No dividends were paid or recommended for the period.

• The company remains focused on the discovery and development of economic mineral deposits, with a strategic emphasis on scandium resources in New South Wales.

Financial highlights

• Revenue from continuing operations was $4,934, with total other income of $247.

• Total expenses for the period were $1,388,767, with the largest components being professional costs ($578,747) and employee benefits ($251,410).

• Cash and cash equivalents at 31 December 2025 were $1,549,650, up from $947,092 at 30 June 2025.

• Net cash outflows from operating activities were $2,300,231; net cash outflows from investing activities were $427,339; net cash inflows from financing activities were $3,330,075.

• Basic and diluted loss per share was 0.05 cents, improved from 0.07 cents in the prior period.

Outlook and guidance

• Directors believe the company will continue as a going concern, supported by recent successful capital raisings and potential for further funding through asset sales or farm-outs.

• Ongoing exploration and resource development activities are expected to continue, with a focus on scandium and base metals.