• Net loss after tax of $50.5m, down 137% from prior period
• Underlying EBITDA of $146.8m, down 61% from prior period
• Cash inflows from operations of $150.6m, down 28% from prior period

Stanmore Resources Ltd reported a net loss after tax of $50.5m for the 6 months ended 30 June 2025, compared to a profit of $136.3m in the prior corresponding period. The reduction in profit was primarily due to a 29% decline in revenue from ordinary activities to $867.2m, driven by a decrease in the average sales price received for the company's products from $175 per tonne to $132 per tonne, as well as a reduction in sales volumes from 7.0Mt to 6.6Mt. This was partially offset by a decrease in free-on-board cash costs (excluding royalties) from $91 per tonne to $89 per tonne. Underlying EBITDA, a non-IFRS measure, decreased 61% to $146.8m. Cash inflows from operations declined 28% to $150.6m, primarily due to the reduction in sales prices and volumes, partially offset by a $48.1m tax refund. The company's cash and cash equivalents position decreased from $288.9m at 31 December 2024 to $181.2m at 30 June 2025, with the reduction driven by lower operating cash flows, capital expenditure, and financing activities.