Income Statement Magnetite Mines Limited Australian S.E.

Stocks

MGT

AU000000ROY8

Diversified Mining

End-of-day quote Australian S.E. Other stock markets			5-day change	1st Jan Change
- ^AUD	-.--%		-.--%	-

26/05	Magnetite Mines appoints Scott Lowe as CEO and managing director; Tim Dobson steps down	RE
13/03	Magnetite Mines Limited Reports Earnings Results for the Half Year Ended December 31, 2025	CI

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Published financial data: MAGNETITE MINES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Other Revenues, Total	-	2L	2L	2L	1.22T
Total Revenues	-	2L	2L	2L	1.22T
Gross Profit	-	2L	2L	2L	1.22T
Selling General & Admin Expenses, Total	11.92L	23.08L	36.41L	37.31L	28.8L
Stock-Based Compensation (IS)	3L	10.42L	13.3L	5L	7L
Depreciation & Amortization - (IS)	9.18T	1L	3L	4L	3L
Impairment of Oil, Gas & Mineral Properties - (IS)	7.72T	7.27T	14.58T	15.29T	3.26T
Other Operating Expenses	2L	3L	4L	4L	2L
Other Operating Expenses, Total	16.86L	37.94L	56.78L	51.23L	41.05L
Operating Income	-16.86L	-35.99L	-54.66L	-49.08L	-41.04L
Interest Expense, Total	-99.8T	-1L	-1L	-93.04T	-28.53T
Interest And Investment Income	20.14T	47.66T	3L	2L	55.02T
Net Interest Expenses	-79.66T	-59.84T	1L	64.32T	26.49T
Income (Loss) On Equity Invest.	-	-	-	-	-
Other Non Operating Income (Expenses)	-1.07T	-1.87T	-4.19T	-4.17T	-3.73T
EBT, Excl. Unusual Items	-17.67L	-36.61L	-53.29L	-48.48L	-40.81L
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-3.3T	-998	-2.05T	-	-53
Other Unusual Items	37.5T	-	-	-	-1L
EBT, Incl. Unusual Items	-17.33L	-36.62L	-53.31L	-48.48L	-41.88L
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-17.33L	-36.62L	-53.31L	-48.48L	-41.88L
Net Income to Company	-17.33L	-36.62L	-53.31L	-48.48L	-41.88L
Net Income - (IS)	-17.33L	-36.62L	-53.31L	-48.48L	-41.88L
Net Income to Common Incl Extra Items	-17.33L	-36.62L	-53.31L	-48.48L	-41.88L
Net Income to Common Excl. Extra Items	-17.33L	-36.62L	-53.31L	-48.48L	-41.88L
Per Share Items
Net EPS - Basic	-0.03	-0.06	-0.07	-0.05	-0.04
Basic EPS - Continuing Operations	-0.03	-0.06	-0.07	-0.05	-0.04
Basic Weighted Average Shares Outstanding	5.46Cr	6.45Cr	7.58Cr	8.98Cr	11Cr
Net EPS - Diluted	-0.03	-0.06	-0.07	-0.05	-0.04
Diluted EPS - Continuing Operations	-0.03	-0.06	-0.07	-0.05	-0.04
Diluted Weighted Average Shares Outstanding	5.46Cr	6.45Cr	7.58Cr	8.98Cr	11Cr
Normalized Basic EPS	-0.02	-0.04	-0.04	-0.03	-0.02
Normalized Diluted EPS	-0.02	-0.04	-0.04	-0.03	-0.02
Supplemental Items
EBITDA	-16.69L	-35.47L	-54L	-48.46L	-40.55L
EBITA	-16.86L	-35.99L	-54.66L	-49.08L	-41.04L
EBIT	-16.86L	-35.99L	-54.66L	-49.08L	-41.04L
Total Revenues (As Reported)	-	-	5L	4L	2L
Effective Tax Rate - (Ratio)	-	-	-	-	-
Normalized Net Income	-11.04L	-22.88L	-33.31L	-30.3L	-25.51L
Interest on Long-Term Debt	-	-	1L	24.64T	28.53T
Supplemental Operating Expense Items
General and Administrative Expenses	4L	9L	12.27L	14.73L	9L
Stock-Based Comp., Other (Total)	3L	10.42L	13.3L	5L	7L
Total Stock-Based Compensation	3L	10.42L	13.3L	5L	7L

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.66Cr	1.93Cr	51.35L	12.13L	14.86L
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	1.66Cr	1.93Cr	51.35L	12.13L	14.86L
Accounts Receivable, Total	-	-	-	-	-
Other Receivables	2L	7L	2L	1L	1L
Notes Receivable	-	-	-	-	69.18T
Total Receivables	2L	7L	2L	1L	2L
Prepaid Expenses	9.76T	21.59T	28.72T	39.93T	7.87T
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	1.68Cr	2.01Cr	54.09L	13.7L	16.73L
Gross Property Plant And Equipment	1.32Cr	2.6Cr	3.38Cr	3.7Cr	3.99Cr
Accumulated Depreciation	-3L	-4L	-4L	-4L	-5L
Net Property Plant And Equipment	1.29Cr	2.56Cr	3.34Cr	3.66Cr	3.94Cr
Long-term Investments	-	-	-	-	-
Other Intangibles, Total	54	27	-	-	-
Other Long-Term Assets, Total	32.59T	1L	1L	3L	2L
Total Assets	2.97Cr	4.58Cr	3.9Cr	3.82Cr	4.13Cr
Liabilities
Accounts Payable, Total	3L	35.28L	4L	4L	2L
Accrued Expenses, Total	4L	7L	8L	8L	9L
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	19.75L	-	28.57L
Current Portion of Leases	-	1L	3L	73.44T	2L
Other Current Liabilities	1L	10T	4T	4T	20.5T
Total Current Liabilities	8L	43.31L	35.26L	13.38L	41.63L
Long-Term Debt	19.75L	19.75L	-	-	-
Long-Term Leases	-	1L	1L	43.9T	1L
Total Liabilities	28.1L	64.43L	36.61L	13.82L	43.12L
Common Stock, Total	7.46Cr	8.96Cr	8.95Cr	9.53Cr	9.85Cr
Retained Earnings	-5.86Cr	-6.23Cr	-6.76Cr	-7.24Cr	-7.66Cr
Comprehensive Income and Other	1.09Cr	1.21Cr	1.34Cr	1.39Cr	1.51Cr
Total Common Equity	2.69Cr	3.93Cr	3.53Cr	3.68Cr	3.7Cr
Total Equity	2.69Cr	3.93Cr	3.53Cr	3.68Cr	3.7Cr
Total Liabilities And Equity	2.97Cr	4.58Cr	3.9Cr	3.82Cr	4.13Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.28Cr	7.58Cr	7.68Cr	10Cr	19Cr
ECS Total Common Shares Outstanding	6.28Cr	7.58Cr	7.6Cr	9.84Cr	12Cr
Book Value / Share	0.43	0.52	0.46	0.37	0.31
Tangible Book Value	2.69Cr	3.93Cr	3.53Cr	3.68Cr	3.7Cr
Tangible Book Value Per Share	0.43	0.52	0.46	0.37	0.31
Total Debt	19.75L	22.13L	24.24L	1L	31.96L
Net Debt	-1.46Cr	-1.71Cr	-27.1L	-10.96L	17.1L
Account Code - Inventory Valuation	3	-	3	3	3
Machinery, Total	3L	5L	5L	5L	5L

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	-17.33L	-36.62L	-53.31L	-48.48L	-41.88L
Depreciation & Amortization - CF	9.13T	1L	3L	4L	3L
Impairment of Oil, Gas & Mineral Properties - (CF)	7.72T	7.27T	14.58T	15.29T	3.26T
Depreciation & Amortization, Total	16.86T	1L	3L	4L	3L
Amortization of Deferred Charges, Total - (CF)	53	27	-	-	-
(Gain) Loss From Sale Of Asset	3.3T	998	2.05T	-	53
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Provision for Credit Losses	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	3L	10.42L	13.3L	5L	7L
Other Operating Activities, Total	-	8.75T	-	-	2L
Change In Accounts Receivable	-1L	-6L	5L	1L	-30.62T
Change In Accounts Payable	4L	8L	-6L	1L	2L
Cash from Operations	-11.34L	-22.95L	-38.74L	-36.66L	-28.09L
Capital Expenditure	-31.75L	-99.66L	-99.86L	-35.88L	-30.09L
Sale of Property, Plant, and Equipment	3T	3.91T	4.75T	-	500
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-80T	-	-2L	1L
Cash from Investing	-31.72L	-1Cr	-99.81L	-37.75L	-29.06L
Long-Term Debt Issued, Total	-	-	-	-	35.41L
Total Debt Issued	-	-	-	-	35.41L
Long-Term Debt Repaid, Total	-1L	-69.62T	-2L	-23.14L	-2L
Total Debt Repaid	-1L	-69.62T	-2L	-23.14L	-2L
Issuance of Common Stock	2.1Cr	1.61Cr	833	65.01L	35.76L
Other Financing Activities, Total	-9L	-10L	-1L	-7L	-9L
Cash from Financing	2.01Cr	1.51Cr	-4L	35.19L	59.88L
Miscellaneous Cash Flow Adjustments	-	-	-1	-	-
Net Change in Cash	1.58Cr	27.6L	-1.42Cr	-39.22L	3L
Supplemental Items
Cash Interest Paid	1L	98.75T	1L	2L	-
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-34.66L	-82.96L	-1.44Cr	-56.05L	-47.64L
Unlevered Free Cash Flow	-34.04L	-82.29L	-1.43Cr	-55.47L	-47.46L
Change In Net Working Capital	-5L	-28.3L	25.29L	-1L	2L
Net Debt Issued / Repaid	-1L	-69.62T	-2L	-23.14L	32.97L

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	-5.25	-5.96	-8.06	-7.95	-6.45
Return on Total Capital	-5.39	-6.39	-8.62	-8.21	-6.65
Return On Equity %	-9.89	-11.06	-14.28	-13.44	-11.34
Return on Common Equity	-9.89	-11.06	-14.28	-13.44	-11.34
Margin Analysis
Gross Profit Margin %	-	100	100	100	100
SG&A Margin	-	1.18T	1.71T	1.74T	2L
EBITDA Margin %	-	-1.81T	-2.54T	-2.26T	-3L
EBITA Margin %	-	-1.84T	-2.57T	-2.29T	-3L
EBIT Margin %	-	-1.84T	-2.57T	-2.29T	-3L
Income From Continuing Operations Margin %	-	-1.87T	-2.51T	-2.26T	-3L
Net Income Margin %	-	-1.87T	-2.51T	-2.26T	-3L
Net Avail. For Common Margin %	-	-1.87T	-2.51T	-2.26T	-3L
Normalized Net Income Margin	-	-1.17T	-1.57T	-1.41T	-2L
Levered Free Cash Flow Margin	-	-4.24T	-6.78T	-2.61T	-4L
Unlevered Free Cash Flow Margin	-	-4.21T	-6.74T	-2.59T	-4L
Asset Turnover
Asset Turnover	-	0.01	0.01	0.01	0
Fixed Assets Turnover	-	0.01	0.01	0.01	0
Short Term Liquidity
Current Ratio	20.08	4.64	1.53	1.02	0.4
Quick Ratio	20.07	4.63	1.53	0.99	0.38
Operating Cash Flow to Current Liabilities	-1.36	-0.53	-1.1	-2.74	-0.67
Long Term Solvency
Total Debt/Equity	7.34	5.62	6.87	0.32	8.64
Total Debt / Total Capital	6.84	5.32	6.42	0.32	7.95
LT Debt/Equity	7.34	5.37	0.38	0.12	0.4
Long-Term Debt / Total Capital	6.84	5.08	0.36	0.12	0.37
Total Liabilities / Total Assets	9.46	14.07	9.39	3.62	10.44
EBIT / Interest Expense	-16.9	-33.48	-41.08	-52.75	-143.83
EBITDA / Interest Expense	-16.73	-32.42	-39.05	-48.3	-133.81
(EBITDA - Capex) / Interest Expense	-48.54	-125.13	-114.11	-86.87	-239.26
Total Debt / EBITDA	-1.18	-0.63	-0.47	-0.03	-0.84
Net Debt / EBITDA	8.75	4.92	0.52	0.24	-0.45
Total Debt / (EBITDA - Capex)	-0.41	-0.16	-0.16	-0.01	-0.47
Net Debt / (EBITDA - Capex)	3.02	1.27	0.18	0.14	-0.25
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	8.77	0.9	-99.43
Gross Profit, 1 Yr. Growth %	-	-	8.77	0.9	-99.43
EBITDA, 1 Yr. Growth %	50.95	112.47	52.23	-10.26	-16.32
EBITA, 1 Yr. Growth %	29.95	113.42	51.87	-10.21	-16.39
EBIT, 1 Yr. Growth %	29.95	113.42	51.87	-10.21	-16.39
Earnings From Cont. Operations, 1 Yr. Growth %	363.93	111.31	45.6	-9.07	-13.62
Net Income, 1 Yr. Growth %	363.93	111.31	45.6	-9.07	-13.62
Normalized Net Income, 1 Yr. Growth %	283.54	107.16	45.58	-9.03	-15.82
Diluted EPS Before Extra, 1 Yr. Growth %	94.35	79.56	23.33	-23.18	-31.49
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	35.47	98.27	30.69	9.29	7.86
Total Assets, 1 Yr. Growth %	184.93	54.17	-14.9	-1.91	8.05
Tangible Book Value, 1 Yr. Growth %	230.41	46.32	-10.27	4.34	0.39
Common Equity, 1 Yr. Growth %	230.41	46.32	-10.27	4.34	0.39
Cash From Operations, 1 Yr. Growth %	29.21	102.28	68.18	-5.36	-23.37
Capital Expenditures, 1 Yr. Growth %	840.19	213.89	0.19	-64.07	-16.16
Levered Free Cash Flow, 1 Yr. Growth %	233.27	139.34	73.74	-61.11	-15.01
Unlevered Free Cash Flow, 1 Yr. Growth %	252.4	141.75	74.15	-61.29	-14.44
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	4.76	-92.42
Gross Profit, 2 Yr. CAGR %	-	-	-	4.76	-92.42
EBITDA, 2 Yr. CAGR %	21.68	79.09	79.85	16.88	-13.34
EBITA, 2 Yr. CAGR %	20.78	66.54	80.04	16.78	-13.35
EBIT, 2 Yr. CAGR %	20.78	66.54	80.04	16.78	-13.35
Earnings From Cont. Operations, 2 Yr. CAGR %	13.52	213.1	75.4	15.06	-11.37
Net Income, 2 Yr. CAGR %	13.52	213.1	75.4	15.06	-11.37
Normalized Net Income, 2 Yr. CAGR %	14.9	181.88	73.66	15.08	-12.49
Diluted EPS Before Extra, 2 Yr. CAGR %	-40.64	86.81	48.81	-2.66	-27.45
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	18.73	63.89	60.98	19.51	8.58
Total Assets, 2 Yr. CAGR %	77.46	109.59	14.54	-8.63	2.95
Tangible Book Value, 2 Yr. CAGR %	100.82	119.88	14.59	-3.24	2.35
Common Equity, 2 Yr. CAGR %	100.81	119.88	14.59	-3.24	2.35
Cash From Operations, 2 Yr. CAGR %	-12.63	61.67	84.79	26.16	-14.84
Capital Expenditures, 2 Yr. CAGR %	279.48	443.25	77.34	-40	-45.11
Levered Free Cash Flow, 2 Yr. CAGR %	63.91	182.43	103.92	-17.8	-42.51
Unlevered Free Cash Flow, 2 Yr. CAGR %	69.79	191.88	105.18	-17.9	-42.45
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-	-81.57
Gross Profit, 3 Yr. CAGR %	-	-	-	-	-81.57
EBITDA, 3 Yr. CAGR %	-13.47	46.53	69.65	42.65	4.56
EBITA, 3 Yr. CAGR %	-14.03	46.02	61.5	42.78	4.47
EBIT, 3 Yr. CAGR %	-14.03	46.02	61.5	42.78	4.47
Earnings From Cont. Operations, 3 Yr. CAGR %	-21.07	39.64	142.57	40.91	4.58
Net Income, 3 Yr. CAGR %	-21.07	39.64	142.57	40.91	4.58
Normalized Net Income, 3 Yr. CAGR %	-21.56	39.85	126.16	39.99	3.69
Diluted EPS Before Extra, 3 Yr. CAGR %	-53.22	-14.15	62.66	19.38	-13.42
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	13.01	40.86	51.98	41.48	15.5
Total Assets, 3 Yr. CAGR %	39.93	69.33	55.2	8.77	-3.38
Tangible Book Value, 3 Yr. CAGR %	51.72	80.7	63.09	11.06	-2.04
Common Equity, 3 Yr. CAGR %	51.72	80.7	63.09	11.06	-2.04
Cash From Operations, 3 Yr. CAGR %	-16.4	15.58	64.02	47.85	6.84
Capital Expenditures, 3 Yr. CAGR %	79.81	256.22	209.23	4.16	-32.92
Levered Free Cash Flow, 3 Yr. CAGR %	26.53	85.96	140.2	17.38	-16.88
Unlevered Free Cash Flow, 3 Yr. CAGR %	28.56	91.01	145.72	17.68	-16.76
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	0.64	-3.15	15.95	33.86	29.68
EBITA, 5 Yr. CAGR %	0.06	-3.13	15.54	33.54	25.89
EBIT, 5 Yr. CAGR %	0.06	-3.13	15.54	33.54	25.89
Earnings From Cont. Operations, 5 Yr. CAGR %	-1	-3.76	8.63	29.24	62.16
Net Income, 5 Yr. CAGR %	-1	-3.76	8.63	29.24	62.16
Normalized Net Income, 5 Yr. CAGR %	0.66	-5.2	7.79	29.36	54.69
Diluted EPS Before Extra, 5 Yr. CAGR %	-33	-34.87	-25.68	-9.73	17.77
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	8.94	23.82	30.19	31.9	32.85
Total Assets, 5 Yr. CAGR %	24.42	32.15	29.16	32.3	31.7
Tangible Book Value, 5 Yr. CAGR %	31.11	37.65	35.61	40.76	35.36
Common Equity, 5 Yr. CAGR %	31.07	37.63	35.6	40.75	35.36
Cash From Operations, 5 Yr. CAGR %	-0.56	6.56	14.81	19.79	26.19
Capital Expenditures, 5 Yr. CAGR %	18.17	85.85	78.82	74.7	54.87
Levered Free Cash Flow, 5 Yr. CAGR %	12.18	62.82	53.14	34.15	35.58
Unlevered Free Cash Flow, 5 Yr. CAGR %	12.85	67.96	55	36.26	37.49