Robex Resources Inc.

RXR.ASX

Materials

Latest Earnings

Appendix 4E

27 February 2026

Revenue
$222.43
+40.4% YoY
NPAT
-$138.46
-1002.8% YoY
EPS
$-0.66

Robex Resources (ASX: RXR) reported FY2025 revenue of CAD $222.4M, up 40.4% on higher gold prices, though the company posted a net loss of CAD $138.5M versus a loss of CAD $12.6M in the prior year. The significantly wider loss was driven almost entirely by non-cash items — CAD $115.7M in fair value losses on embedded derivatives and share purchase warrants, plus CAD $26.8M in largely non-cash legal claim expenses — rather than operational deterioration at the Nampala Mine. A major milestone was achieved with the Kiniero Gold Project completing construction during the year and reaching commercial production in early February 2026, marking a significant step-change in the company's production profile. Key points: Revenue surged 40.4% to CAD $222.4M driven by significantly higher realised gold prices; Kiniero Gold Project construction completed during FY2025, with commercial production achieved in early February 2026 — a transformational milestone; Net loss was predominantly non-cash in nature: CAD $115.7M from fair value movements on derivatives and warrants, not operational deterioration

Recent Announcements

27 Feb 2026 Actual Results Neutral

Appendix 4E

Robex Resources (ASX: RXR) reported FY2025 revenue of CAD $222.4M, up 40.4% on higher gold prices, though the company posted a net loss of CAD $138.5M versus a loss of CAD $12.6M in the prior year. The significantly wider loss was driven almost entirely by non-cash items — CAD $115.7M in fair value losses on embedded derivatives and share purchase warrants, plus CAD $26.8M in largely non-cash legal claim expenses — rather than operational deterioration at the Nampala Mine. A major milestone was achieved with the Kiniero Gold Project completing construction during the year and reaching commercial production in early February 2026, marking a significant step-change in the company's production profile. Key points: Revenue surged 40.4% to CAD $222.4M driven by significantly higher realised gold prices; Kiniero Gold Project construction completed during FY2025, with commercial production achieved in early February 2026 — a transformational milestone; Net loss was predominantly non-cash in nature: CAD $115.7M from fair value movements on derivatives and warrants, not operational deterioration

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