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TerraCom Limited (ASX:TER)

ALERT: Price-sensitive ASX Announcement for TER
Current share price for TER : $0.066 -0.007 (-9.59%)+
Announcement
Release
29 Aug 2025 6:39PM
Price at Release
$0.073
Full Release
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Summary
TerraCom Limited's financial report for the year ended 30 June 2025 reveals a revenue of $259.1 million, driven by significant sales to three major customers. The report indicates a gross profit of $40.7 million and a profit after taxation of $25 million. It highlights assets totaling $314.4 million and liabilities of $146.6 million. The company declared a dividend of $8.01 million for the year. Investments in associates and joint ventures contributed to the financial performance, with mentions of joint ventures in South Africa. Exploration and evaluation commitments stand at $5.08 million. Additionally, the report covers details on property, plant, and equipment, and emphasizes TerraCom's interests in mining and exploration projects in both Australia and South Africa, maintaining significant holdings in various tenements.
Key Points
  • Revenue from sales was $259.1 million.
  • Gross profit reported at $40.7 million.
  • Profit after taxation was $25 million.
  • Total assets amounted to $314.4 million.
  • Liabilities totaled $146.6 million.
  • Dividend of $8.01 million declared.
  • Significant investments in South African joint ventures.
  • Exploration and evaluation commitments of $5.08 million.
  • Property, plant, and equipment details provided.
  • Interests in Australian and South African mining projects.
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.