Alligator Energy (AGE) H2 2025 earnings summary

Executive summary

• Advanced Samphire Uranium Project with resource extension drilling, updated JORC resource, and commencement of Field Recovery Trial construction after regulatory approvals.

• Big Lake Project achieved a significant new uranium discovery; follow-up drilling delayed by flooding.

• Nabarlek North drilling identified new uranium mineralisation; Tin Camp Creek yielded notable rare earth results.

• Raised $17.25M in June 2025, strengthening cash position to $30.1M at year-end.

• Leadership transition: Andrea Marsland-Smith appointed CEO, Greg Hall moved to Executive Director role.

Financial highlights

• Net loss before tax: $5.91M (2024: $3.45M), driven by increased impairment provisions and higher employee costs.

• Net assets: $77.35M (2024: $65.85M), reflecting capital raise and project investments.

• Cash balance: $30.15M (2024: $28.39M).

• Exploration and evaluation assets: $40.96M (2024: $33.68M).

• No dividends declared.

Outlook and guidance

• Samphire Field Recovery Trial operations to commence in early 2026, feeding into a definitive feasibility study and mining lease application.

• Big Lake follow-up drilling planned for 2026, pending site access.

• Focus on advancing Samphire to production and developing a second uranium project by 2030.

• Continued evaluation of new uranium and energy mineral opportunities.