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Boss Energy Ltd (ASX:BOE)

ALERT: Price-sensitive ASX Announcement for BOE
Current share price for BOE : $1.815 0.09 (5.22%)+
Announcement
Release
26 Feb 2026 9:26AM
Price at Release
$1.725
Full Release
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Summary
Boss Energy Ltd reported its half-year financial results for the period ended 31 December 2025, showing a net loss after tax of $7.9 million, primarily due to the accounting impact of inventory sales. The company recorded total revenue of $81.8 million, a 71% increase from the previous year, driven by the sale of 750k lbs of uranium. During this period, Boss Energy reduced its C1 cost guidance from $41-45/lb to $36-40/lb as a result of successful reagent optimization programs. The company maintained a strong financial position with $208 million in cash and liquid assets, including a cash increase of $16.3 million to $52.9 million. Operational achievements included the production of 842k lbs of drummed uranium and the prioritization of a new feasibility study for a revised wellfield design. Despite reporting a net loss, Boss Energy demonstrated positive operating net cash of $36.2 million, reflecting effective capital management and strategic inventory handling.
Key Points
  • Net loss after tax of $7.9 million due to inventory sales accounting impact.
  • Total revenue increased by 71% to $81.8 million.
  • C1 cost guidance reduced to $36-40/lb.
  • Strong financial position with $208 million in cash and liquid assets.
  • Cash increased by $16.3 million to $52.9 million.
  • Produced 842k lbs of drummed uranium.
  • Positive operating net cash of $36.2 million.
  • New feasibility study initiated for revised wellfield design.
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.