Final Results for the Year Ended 30 June 2025

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26th Sep 2025 09:06

RNS Number : 9999A

Future Metals NL

26 September 2025

Future Metals NL

Final Results for the Year Ended 30 June 2025 and

Corporate Governance Statement

Future Metals NL ("Future Metals" or the "Company", ASX | AIM: FME) is pleased to announce the Company's final consolidated audited results for the year ended 30 June 2025.

Please see below key extracts from the Company's Annual Report and Accounts for the year ended 30 June 2025, as follows:

· Consolidated Statement of Profit or Loss and Other Comprehensive Income

· Consolidated Statement of Financial Position

· Consolidated Statement of Changes in Equity

· Consolidated Statement of Cash Flows

Further details on the Company's activities during the year are set out in the Directors' Report, which can be found in the full Report and Accounts available at the following link: http://www.rns-pdf.londonstockexchange.com/rns/9999A_1-2025-9-26.pdf and on the Company's website at https://future-metals.com.au/investor-centre/reports/annual-reports/.

The Company has also released its Appendix 4G: Key to Disclosures - Corporate Governance Council Principles and Recommendations and its Corporate Governance Statement to the Australian Securities Exchange ("ASX"). Copies of these documents are also available on the Company's website at https://future-metals.com.au/.

This announcement has been approved for release by the Board of Future Metals NL.

For further information, please contact:

Future Metals NL	Strand Hanson Limited (Nominated Adviser and UK Broker)
Patrick Walta	James Bellman / Rob Patrick / Edward Foulkes
+61 8 9480 0414	+44 (0) 20 7409 3494
[email protected]

Consolidated Statement of Profit or Loss and Other Comprehensive Income

for the year ended 30 June 2025


Note	30 June 2025	30 June 2024
	$	$

Other income
Interest received		12,161	28,720
Other income		219,622	49,673

Expenses
Employee and director benefits expense		(333,295)	(801,495)
Professional and consultants		(142,940)	(195,552)
ASX and AIM share registry fees		(325,624)	(319,012)
Share-based payments expense	16	(120,831)	(600,625)
Travel expenditure		(89,161)	(46,488)
Exploration expenditure		(1,319,158)	(1,458,646)
Other expense		(303,156)	(574,344)
Depreciation and amortisation		(17,145)	(9,687)
Unrealised foreign exchange gain / (loss)		(18,211)	(12,595)

Loss before income tax expense		(2,437,738)	(3,940,051)

Income tax expense	2	-	-

Loss after income tax expense for the year attributable to the owners of Future Metals NL	10	(2,437,738)	(3,940,051)

Other comprehensive income for the year, net of tax		-	-

Total comprehensive loss for the year attributable to the owners of Future Metals NL		(2,437,738)	(3,940,051)

The above Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the accompanying notes in the full Report and Accounts.

Consolidated Statement of Financial Position

as at 30 June 2025


	Note		30 June 2025		30 June 2024
			$		$
Assets

Current assets
Cash and cash equivalents		3		3,925,340		2,291,466
Other receivables				8,853		7,615
Total current assets				3,934,193		2,299,081

Non-current assets
Property, plant and equipment				33,930		51,075
Deferred exploration and evaluation expenditure		4		17,857,710		17,857,710
Total non-current assets				17,891,640		17,908,785

Total assets				21,825,833		20,207,866

Liabilities

Current liabilities
Trade and other payables		7		635,093		344,223
Provisions				27,742		37,577
Total current liabilities				662,835		381,800

Total liabilities				662,835		381,800

Net assets				21,162,998		19,826,066

Equity
Issued capital		8		44,412,762		40,798,846
Reserves		9		2,611,877		2,451,123
Accumulated losses		10		(25,861,641)		(23,423,903)

Total equity				21,162,998		19,826,066

The above Consolidated Statement of Financial Position should be read in conjunction with the accompanying notes in the full Report and Accounts.

Consolidated Statement of Changes in Equity

for the year ended 30 June 2025

				Total equity
	Issued capital	Share-based payments reserves	Accumulated losses	Total equity
Consolidated	$	$	$	$

Balance at 1 July 2023	36,524,091	3,628,232	(21,261,586)	18,890,737

Loss after income tax expense for the year	-	-	(3,940,051)	(3,940,051)
Other comprehensive income for the year, net of tax	-	-	-	-

Total comprehensive loss for the year	-	-	(3,940,051)	(3,940,051)

Transactions with owners in their capacity as owners:
Share-based payments (note 16)	-	600,625	-	600,625
Shares issued during the year, net of transaction costs (note 8)	4,274,755	-	-	4,274,755
Exercise of performance rights	-	(1,777,734)	1,777,734	-

Balance at 30 June 2024	40,798,846	2,451,123	(23,423,903)	19,826,066
				Total equity
	Issued capital	Share-based payments reserves	Accumulated losses	Total equity
Consolidated	$	$	$	$

Balance at 1 July 2024	40,798,846	2,451,123	(23,423,903)	19,826,066

Loss after income tax expense for the year	-	-	(2,437,738)	(2,437,738)
Other comprehensive income for the year, net of tax	-	-	-	-

Total comprehensive loss for the year	-	-	(2,437,738)	(2,437,738)

Transactions with owners in their capacity as owners:
Share-based payments (note 16)	-	120,831	-	120,831
Shares issued during the year, net of transaction costs (note 8)	3,613,916	-	-	3,613,916
Options issued	-	39,923	-	39,923

Balance at 30 June 2025	44,412,762	2,611,877	(25,861,641)	21,162,998

The above Consolidated Statement of Changes in Equity should be read in conjunction with the accompanying notes in the full Report and Accounts.

Consolidated Statement of Cash Flow

for the year ended 30 June 2025


Note	30 June 2025	30 June 2024
	$	$

Cash flows from operating activities
Payments to suppliers and employees		(926,407)	(1,920,089)
Payment for exploration and evaluation		(1,319,158)	(1,550,074)
Interest received		12,161	28,720
Other receipts		219,622	49,673

Net cash used in operating activities	6	(2,013,782)	(3,391,770)

Cash flows from investing activities
Payments for property, plant and equipment		-	-

Net cash used in investing activities		-	-

Cash flows from financing activities
Proceeds from issue of shares	8	3,924,015	3,256,030
Options issued		39,923	-
Transaction costs on issue of shares	8	(310,098)	(266,569)

Net cash from financing activities		3,653,840	2,989,461

Net increase/(decrease) in cash and cash equivalents		1,640,058	(402,309)
Cash and cash equivalents at the beginning of the financial year		2,291,466	2,705,754
Effects of exchange rate changes on cash and cash equivalents		(6,184)	(11,979)

Cash and cash equivalents at the end of the financial year	3	3,925,340	2,291,466

The above Consolidated Statement of Cash Flow should be read in conjunction with the accompanying notes in the full Report and Accounts.

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