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TerraCom Limited (ASX:TER)

ALERT: Price-sensitive ASX Announcement for TER
Current share price for TER : $0.065 -0.005 (-7.14%)+
Announcement
Release
30 Sep 2025 7:27PM
Price at Release
$0.070
Full Release
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Summary
TerraCom Limited's financial report for the year ending 30 June 2025 indicates a challenging year with a consolidated net loss after tax of $43.418 million, compared to a profit of $25.039 million in the previous year. The company faced substantial impairments totaling $22.216 million and impairment expenses of $22.131 million. Operating cash flow improved, with net cash from operations at $18.184 million compared to a deficit of $15.553 million the prior year. Despite these challenges, TerraCom maintained a significant level of total assets at $286.073 million, with property and plant equipment additions of $15.491 million. The company also reported significant investing activities, including proceeds from asset disposition and various investments in associates and joint ventures. However, the coal market's downturn impacted revenues, and the company's net finance expense increased. Additionally, TerraCom paid $8.010 million in dividends and deconsolidated deregistered entities, affecting overall equity.
Key Points
  • Consolidated net loss after tax of $43.418 million for FY2025.
  • Total impairments amounted to $22.216 million.
  • Operating cash flow improved to $18.184 million.
  • Total assets were $286.073 million with equipment additions of $15.491 million.
  • Dividend payments totaled $8.010 million.
  • Investments in associates and joint ventures were significant.
  • Coal market downturn impacted revenues.
  • Deconsolidation of deregistered entities affected equity.
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.