Appendix 4E
| Stock | FENIX Resources Ltd (FEX.ASX) |
|---|---|
| Release Time | 27 Aug 2025, 8:45 a.m. |
| Price Sensitive | Yes |
Fenix Resources Ltd reports FY2025 results
- Revenue up 22% to $316.1 million
- Profit after tax down 84% to $5.4 million
- Declared final fully franked dividend of 1.0 cent per share
Fenix Resources Ltd has released its Appendix 4E for the financial year ended 30 June 2025. The company reported revenue from continuing operations of $316,093,321, up 22% from the prior corresponding period. However, profit after income tax expense from continuing operations attributable to owners declined 84% to $5,394,667. The company's dividend policy states that it will consider the declaration of a dividend on an annual basis based on the full financial year profitability and the future funding requirements of the business. During FY2025, Fenix invested in a material expansion of its production base and infrastructure assets, increasing production from 1.4Mtpa to a targeted rate of 4Mtpa. Considering the company's cash position, the successful ramp-up of the Shine project, and the construction and commissioning of the Beebyn-W11 mine, the Board has declared a final fully franked dividend for FY2025 of 1.0 cent per share, equating to a total dividend payment of approximately A$7.4 million, representing 137% of the FY2025 net profit after tax.