Unaudited Interim Financial Statements 31 Dec 2024

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Stock Firefly Metals Ltd (FFM.ASX)
Release Time 14 Feb 2025, 8:38 a.m.
Price Sensitive Yes
 Unaudited Interim Financial Statements 31 Dec 2024
Key Points
  • Unaudited condensed consolidated interim financial statements for the three and six month periods ended 31 December 2024
  • Loss after income tax of A$2.6 million for the quarter and A$5.7 million for the half year
  • Cash and cash equivalents of A$76.0 million as at 31 December 2024
Full Summary

Firefly Metals Ltd has released its unaudited condensed consolidated interim financial statements for the three and six month periods ended 31 December 2024. The company reported a loss after income tax of A$2.6 million for the quarter and A$5.7 million for the half year. Other key financial highlights include cash and cash equivalents of A$76.0 million as at 31 December 2024, up from A$37.8 million as at 30 June 2024. The company's principal activities during the half year consisted of exploration and evaluation at the Green Bay Copper-Gold Project in Newfoundland and Labrador, Canada, the Pickle Crow Gold Project in Ontario, Canada and the Limestone Well Vanadium-Titanium Project in Western Australia. The directors believe it is appropriate to prepare the interim financial statements on a going concern basis, based on cash flow forecasts and funding options available to the group.