• FY25 revenue expected to be $212-$216 million, down from $294 million in FY24
• Underlying EBITDA expected to be $11-$13 million, down from $27.5 million in FY24
• Suspension of production at Grosvenor mine, closure of Integra mine, and reduced activities at Moranbah North mine impact earnings

Metarock Group Ltd (ASX:MYE) has provided earnings guidance for the financial year ended 30 June 2025 (FY25). The company expects FY25 revenue to be in the range of $212 million to $216 million, compared to $294 million in revenue from Continuing Operations in the prior year (FY24). This decrease is predominantly due to the suspension of production activities at Grosvenor mine following an event on 29 June 2024, the closure of Integra mine in August 2024, and reduced activities at the Moranbah North mine in the final quarter of FY25 following an event on 31 March 2025. These operational disruptions resulted in a reduction in the company's manning levels. Subsequent to the end of FY25, longwall consolidation activities and other operations have recommenced at the Moranbah North mine, and the company's new Appin mine project ramped up during June 2025. Underlying Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for FY25 is expected to be in the range of $11.0 million to $13.0 million, compared to $27.5 million in the prior corresponding period. Adjustments to derive underlying EBITDA include a $1.4 million increase in inventory provisions and a $0.7 million impairment relating to assets held for sale. The company's net cash position at 30 June 2025 was $29.0 million, up from $21.8 million at the end of FY24.

FY25 revenue expected to be in the range of $212 million to $216 million, and underlying EBITDA expected to be in the range of $11.0 million to $13.0 million.