• Redox did not publish earnings guidance for H1 FY25
• Redox tracks sell-side analyst forecasts as an indicator of market expectations
• Redox's actual earnings for H1 FY25 differed by less than 15% of consensus forecasts

Redox Limited (ASX:RDX) has responded to an ASX aware letter regarding its H1 FY25 results. Redox did not publish earnings guidance for the half-year period and instead tracks sell-side analyst forecasts as an indicator of market expectations. Redox's assessment of the consensus estimate showed that its actual earnings for H1 FY25 differed by less than 15% from the market consensus for key measures such as revenue, gross profit, EBITDAFX, profit before tax, and profit after tax. Redox noted that as a commodities business, its earnings can be difficult to predict with certainty, and it monitored the expected earnings and market consensus estimates during and after the reporting period. Redox did not consider the differences to be material variances requiring a market announcement, having regard to the guidance provided by ASX. Redox also provided additional context around factors that may have influenced the trading in its securities following the release of the results announcements.