• Revenue increased 72% to $623.9 million
• Profit before tax attributable to members decreased 93% to $4.6 million
• Cash outflow from investing activities increased 150% to $256.7 million

Westgold Resources Ltd has reported its Appendix 4D results for the period ending 31 December 2024. The company's revenue increased by 72% to $623.9 million, driven by an increase in the achieved gold price to $3,910/oz and the acquisition of Karora Resources Inc. Cost of sales increased by 71% to $497.7 million, resulting in a 93% decrease in profit before tax attributable to members to $4.6 million. Cash inflow from operating activities decreased by 22% to $125.4 million, while cash outflow used in investing activities increased by 150% to $256.7 million, predominantly due to the cash payments made in relation to the Karora acquisition. The company's assets increased by 180% to $2.9 billion, and liabilities increased by 189% to $1.0 billion, reflecting the impact of the Karora acquisition. Westgold also reported changes in controlled entities, with the incorporation of Westgold Personnel Pty Ltd and the addition of several Karora subsidiaries to the Westgold Group.