Future Metals NL

Annual Report • Sep 26, 2025

National Storage Mechanism | Additional information

RNS Number : 9999A

Future Metals NL

26 September 2025

26 September 2025

Future Metals NL

Final Results for the Year Ended 30 June 2025 and

Corporate Governance Statement

Future Metals NL ("Future Metals" or the "Company", ASX | AIM: FME ) is pleased to announce the Company's final consolidated audited results for the year ended 30 June 2025.

Please see below key extracts from the Company's Annual Report and Accounts for the year ended 30 June 2025, as follows:

·      Consolidated Statement of Profit or Loss and Other Comprehensive Income

·      Consolidated Statement of Financial Position

·      Consolidated Statement of Changes in Equity

·      Consolidated Statement of Cash Flows

Further details on the Company's activities during the year are set out in the Directors' Report, which can be found in the full Report and Accounts available at the following link: http://www.rns-pdf.londonstockexchange.com/rns/9999A_1-2025-9-26.pdf and on the Company's website at https://future-metals.com.au/investor-centre/reports/annual-reports/ . 

The Company has also released its Appendix 4G: Key to Disclosures - Corporate Governance Council Principles and Recommendations and its Corporate Governance Statement to the Australian Securities Exchange ("ASX"). Copies of these documents are also available on the Company's website at  https://future-metals.com.au/ .

This announcement has been approved for release by the Board of Future Metals NL .

For further information, please contact:

Future Metals NL	Strand Hanson Limited (Nominated Adviser and UK Broker)
Patrick Walta	James Bellman / Rob Patrick / Edward Foulkes
+61 8 9480 0414	+44 (0) 20 7409 3494
[email protected]

Consolidated Statement of Profit or Loss and Other Comprehensive Income

for the year ended 30 June 2025

	Note	30 June 2025	30 June 2024
		$	$

Other income
Interest received				12,161		28,720
Other income				219,622		49,673
Expenses
Employee and director benefits expense				(333,295)		(801,495)
Professional and consultants				(142,940)		(195,552)
ASX and AIM share registry fees				(325,624)		(319,012)
Share-based payments expense		16		(120,831)		(600,625)
Travel expenditure				(89,161)		(46,488)
Exploration expenditure				(1,319,158)		(1,458,646)
Other expense				(303,156)		(574,344)
Depreciation and amortisation				(17,145)		(9,687)
Unrealised foreign exchange gain / (loss)				(18,211)		(12,595)
Loss before income tax expense				(2,437,738)		(3,940,051)
Income tax expense		2		-		-
Loss after income tax expense for the year attributable to the owners of Future Metals NL		10		(2,437,738)		(3,940,051)
Other comprehensive income for the year, net of tax				-		-
Total comprehensive loss for the year attributable to the owners of Future Metals NL				(2,437,738)		(3,940,051)

				Cents		Cents
---	---	---	---	---	---	---
Basic earnings per share		15		(0.40)		(0.91)
Diluted earnings per share		15		(0.40)		(0.91)

The above Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the accompanying notes in the full Report and Accounts.

Consolidated Statement of Financial Position

as at 30 June 2025

	Note			30 June 2025			30 June 2024
				$			$
Assets
Current assets
Cash and cash equivalents		3				3,925,340			2,291,466
Other receivables						8,853			7,615
Total current assets						3,934,193			2,299,081
Non-current assets
Property, plant and equipment						33,930			51,075
Deferred exploration and evaluation expenditure		4				17,857,710			17,857,710
Total non-current assets						17,891,640			17,908,785
Total assets						21,825,833			20,207,866
Liabilities
Current liabilities
Trade and other payables		7				635,093			344,223
Provisions						27,742			37,577
Total current liabilities						662,835			381,800
Total liabilities						662,835			381,800
Net assets						21,162,998			19,826,066
Equity
Issued capital		8				44,412,762			40,798,846
Reserves		9				2,611,877			2,451,123
Accumulated losses		10				(25,861,641)			(23,423,903)
Total equity						21,162,998			19,826,066

The above Consolidated Statement of Financial Position should be read in conjunction with the accompanying notes in the full Report and Accounts.

Consolidated Statement of Changes in Equity

for the year ended 30 June 2025

								Total equity
		Issued capital		Share-based payments reserves		Accumulated losses
---	---	---	---	---	---	---	---	---
Consolidated		$		$		$		$
---	---	---	---	---	---	---	---	---
---	---	---	---	---	---	---	---	---
Balance at 1 July 2023		36,524,091		3,628,232		(21,261,586)		18,890,737
Loss after income tax expense for the year		-		-		(3,940,051)		(3,940,051)
Other comprehensive income for the year, net of tax		-		-		-		-
Total comprehensive loss for the year		-		-		(3,940,051)		(3,940,051)
Transactions with owners in their capacity as owners:
Share-based payments (note 16)		-		600,625		-		600,625
Shares issued during the year, net of transaction costs (note 8)		4,274,755		-		-		4,274,755
Exercise of performance rights		-		(1,777,734)		1,777,734		-
Balance at 30 June 2024		40,798,846		2,451,123		(23,423,903)		19,826,066
								Total equity
		Issued capital		Share-based payments reserves		Accumulated losses
Consolidated		$		$		$		$
Balance at 1 July 2024		40,798,846		2,451,123		(23,423,903)		19,826,066
Loss after income tax expense for the year		-		-		(2,437,738)		(2,437,738)
Other comprehensive income for the year, net of tax		-		-		-		-
Total comprehensive loss for the year		-		-		(2,437,738)		(2,437,738)
Transactions with owners in their capacity as owners:
Share-based payments (note 16)		-		120,831		-		120,831
Shares issued during the year, net of transaction costs (note 8)		3,613,916		-		-		3,613,916
Options issued		-		39,923		-		39,923
Balance at 30 June 2025		44,412,762		2,611,877		(25,861,641)		21,162,998

The above Consolidated Statement of Changes in Equity should be read in conjunction with the accompanying notes in the full Report and Accounts.

Consolidated Statement of Cash Flow

for the year ended 30 June 2025

	Note	30 June 2025	30 June 2024
		$	$

Cash flows from operating activities
Payments to suppliers and employees				(926,407)		(1,920,089)
Payment for exploration and evaluation				(1,319,158)		(1,550,074)
Interest received				12,161		28,720
Other receipts				219,622		49,673
Net cash used in operating activities		6		(2,013,782)		(3,391,770)
Cash flows from investing activities
Payments for property, plant and equipment				-		-
Net cash used in investing activities				-		-
Cash flows from financing activities
Proceeds from issue of shares		8		3,924,015		3,256,030
Options issued				39,923		-
Transaction costs on issue of shares		8		(310,098)		(266,569)
Net cash from financing activities				3,653,840		2,989,461
Net increase/(decrease) in cash and cash equivalents				1,640,058		(402,309)
Cash and cash equivalents at the beginning of the financial year				2,291,466		2,705,754
Effects of exchange rate changes on cash and cash equivalents				(6,184)		(11,979)
Cash and cash equivalents at the end of the financial year		3		3,925,340		2,291,466

The above Consolidated Statement of Cash Flow should be read in conjunction with the accompanying notes in the full Report and Accounts.

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