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Stanmore Resources Limited (ASX:SMR)

ALERT: Price-sensitive ASX Announcement for SMR
Current share price for SMR : $2.850 0.17 (6.34%)+
Announcement
Release
24 Aug 2026 7:50AM
Price at Release
$2.680
Full Release
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Summary
The interim financial report for Stanmore Resources Limited for the half-year ending 30 June 2026 reveals a net loss after tax of $44.2 million, an improvement from the previous year's loss. Total revenue from contracts increased to $978.0 million, driven by higher coal prices despite reduced sales volumes due to adverse weather. Operating expenses rose, influenced by higher diesel costs and a stronger Australian dollar. Cash inflows from operations increased by 17% to $176.4 million. The company completed refinancing of its senior secured debt facilities, improving liquidity. The report provides detailed financial statements and notes, including comprehensive income, financial position, changes in equity, and cash flows. The directors have not recommended an interim dividend.
Key Points
  • Net loss after tax of $44.2 million for the period ending 30 June 2026.
  • Revenue from contracts with customers increased to $978.0 million.
  • Higher diesel costs and a stronger Australian dollar impacted operating expenses.
  • Cash inflows from operations increased by 17% to $176.4 million.
  • Refinancing of senior secured debt facilities completed.
  • No interim dividend recommended by directors.
  • Financial statements include comprehensive income and financial position.
  • A detailed review of operating and financial performance included.
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.