Aeris Resources posts strong FY25 growth, profit reverses prior year loss

Aeris Resources Limited achieved an Adjusted EBITDA of A$179.599 million in FY25, a substantial increase from A$107.039 million in FY24, and reported a profit after tax of A$45.202 million, reversing a prior year loss of A$24.258 million. Cash flow from operating activities also rose significantly to A$130.890 million. Total revenue for the year reached A$577.058 million, up from A$540.020 million in FY24, primarily due to higher copper and gold prices.

Operationally, Tritton Copper Operations produced 19,398 tonnes of copper and 6,053 ounces of gold, while Cracow Gold Operations delivered 45,126 ounces of gold. The company commenced production at the Murrawombie Open Pit and completed a plant improvement project at Cracow, enhancing gold recovery. North Queensland operations transitioned to care and maintenance, and efforts are underway to divest these assets. The Constellation Mineral Resource was updated, showing a 24% increase in contained copper and a 29% increase in gold metal since 2022.

As of June 30, 2025, Aeris maintained a net asset position of A$317.769 million. The company secured a new A$60.000 million Guarantee Facility and extended its A$50.000 million Term Facility, demonstrating strong financial management.