InvestSMART

QPM Energy Limited (ASX:QPM)

ALERT: Price-sensitive ASX Announcement for QPM
Current share price for QPM : $0.009 -0.026 (-74.29%)+
Announcement
Release
23 Sep 2025 10:01AM
Price at Release
$0.035
Full Release
download
Summary
QPM Energy Ltd has released its FY2025 financial results, marking significant operational improvements and financial achievements. For the fiscal year ending 30 June 2025, the company reported a 12.6% increase in group revenue, reaching $120.1 million, with electricity revenue surging by 32.5% to $53 million. The company achieved a maiden profit after income tax of $8.2 million. Key operational highlights include zero loss time injuries, a total gas supply of 9.4PJ, a reduction in gas supply unit costs by 6.2% to $4.86/GJ, and an increase in independently certified 2P reserves from 331PJ to 435PJ. Additionally, QPM completed several capital programs, including a seven well drilling campaign and gathering system optimizations. In electricity generation, a total of approximately 220,000MWh was dispatched from its Townsville and Moranbah Power Stations. The acquisition of the Moranbah Power Station has increased generation capacity and reduced operating costs. Looking ahead, QPM plans to develop the 112MW Isaac Power Station as part of its Isaac Energy Hub project.
Key Points
  • 12.6% increase in group revenue to $120.1 million.
  • Electricity revenue up 32.5% to $53 million.
  • Maiden profit of $8.2 million after tax.
  • Zero loss time injuries and zero environmental incidents.
  • Gas supply unit costs reduced by 6.2% to $4.86/GJ.
  • 2P reserves increased from 331PJ to 435PJ.
  • 220,000MWh electricity dispatched from power stations.
  • Moranbah Power Station acquisition increased capacity.
  • 112MW Isaac Power Station development planned.
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.