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Burgundy Diamond Mines Limited (ASX:BDM)

ALERT: Price-sensitive ASX Announcement for BDM
Current share price for BDM : $0.017 -0.01 (-37.04%)+
Announcement
Release
29 Aug 2025 5:00PM
Price at Release
$0.027
Full Release
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Summary
The half-year report for Burgundy Diamond Mines Limited ending on 30 June 2025 details the company's financial position and performance. The company reported a net loss of $29.5 million USD for the period, compared to a net profit of $9.35 million USD for the same period in the previous year. Total revenues for the period were $125.2 million USD, declining from $223.7 million USD from the previous year. The significant decrease in profitability was attributed to increased costs, including a $9.7 million USD expense in depreciation and amortization, and other expenses such as finance costs and losses from foreign exchange. The report also highlights a contingent financial position with total assets reported at $489.7 million USD and liabilities at $474.2 million USD, indicating a tight equity margin of $15.5 million USD. Notably, the company underwent restatements of prior periods which affected equity and loss reporting.
Key Points
  • Net loss of $29.5 million USD for the period ending 30 June 2025.
  • Total revenue of $125.2 million USD, down from $223.7 million USD in the previous year.
  • Significant cost increases including $9.7 million USD in depreciation and amortization.
  • Total assets at $489.7 million USD and liabilities at $474.2 million USD.
  • Equity margin reported at $15.5 million USD.
  • Restatement of prior periods affecting equity and loss reporting.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.