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Province Resources (PRL) investor relations material
Province Resources H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Principal activities included project evaluation for acquisitions and lobbying for the HyEnergy® project.
The year saw significant regulatory delays for the HyEnergy® Project, resulting in lost initial opportunity and reduced investor confidence in green hydrogen.
Despite setbacks, the group remains committed to renewable energy and is planning a major HVDC transmission link.
The company was delisted from ASX and admitted to the NSX in March 2025.
No dividends were paid or declared for the year.
Financial highlights
Net loss after tax: $2,637,122 (FY24: $2,663,993).
Revenue: $411,861 (FY24: $558,459).
Cash at bank: $8,252,091 (FY24: $10,162,888).
Net assets: $8,122,765 (FY24: $10,664,017).
Basic EPS: (0.223) cents (FY24: (0.225) cents).
Outlook and guidance
HyEnergy® Project remains in a state of readiness for future hydrogen market cycles.
Early-stage planning for a 2,800 km HVDC transmission link to connect renewable energy to the East Coast.
Black Horse Mining spin-out and IPO planned for October/November 2025, with PRL retaining a significant equity stake.
- Loss narrowed, cash reserves remain strong, and focus shifts to minerals exploration amid project delays.PRL
H2 202424 Mar 2026 - Losses widened amid project delays and sector challenges; focus remains on future readiness.PRL
H1 20257 Oct 2025 - Progressed green hydrogen and gold project initiatives; cash balance at $8.25 million.PRL
Q4 2025 TU5 Oct 2025 - $9.75M cash, 23 quarters runway, HyEnergy® tenure talks ongoing, relisting projects sought.PRL
Q1 2025 TU13 Jun 2025 - HyEnergy® project on hold; $10.16M cash supports 14+ quarters of operations.PRL
Q4 2024 TU13 Jun 2025 - Cash fell to $8.68M as project reviews continued and shares relisted on NSX.PRL
Q3 2025 TU6 Jun 2025 - $9.27M cash, 20.5 quarters runway, HyEnergy® tenure unresolved, no new financing.PRL
Q2 2025 TU6 Jun 2025
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