Aurora Energy Metals (1AE) H2 2025 earnings summary

Executive summary

• Achieved a significant strategic shift by executing an Option Agreement with Eagle Energy Metals Corp. for the Aurora Uranium Project (AUP), retaining exposure via equity, milestone shares, and royalty interest.

• Supported technical advancement of AUP, with metallurgical optimisation work improving uranium recoveries to 89% from 69% in the prior scoping study.

• Diversified asset base by securing an option over uranium exploration tenements in Western Australia, targeting palaeochannel-hosted uranium.

• Strengthened board with the appointment of Warren Hallam as Non-Executive Director; John Gardner resigned.

Financial highlights

• Reported a net profit of $21,895 for FY2025, compared to a loss of $2,357,860 in FY2024.

• Basic earnings per share were 0.01 cents (FY2024: loss of 1.32 cents).

• No dividends declared or paid during the year.

• Cash and cash equivalents at year-end were $1,353,966 (FY2024: $1,595,171).

• Net cash used in operating activities was $(130,033), a significant improvement from $(2,015,473) in FY2024.

Outlook and guidance

• Focused on supporting Eagle’s Nasdaq listing and advancing early-stage fieldwork in Western Australia.

• Positioned to benefit from strong uranium market fundamentals and increased emphasis on secure, domestic nuclear fuel supply chains.