Terracom Limited
TER.ASXEnergy
Market Data
$0.074
+0.1%$127.6M
-100000.0x
$-0.071
0.00%
-0.2%
Latest Earnings
Appendix 4D and December 2025 Half Year Financial Statements
27 February 2026
TerraCom reported a significant operational and financial deterioration in H1 2025, with revenue declining 11% to $98.6M and EBITDA swinging from a $15.2M profit to a $7.0M loss, primarily driven by a 21% collapse in average coal prices despite a 13% increase in sales volumes. The company posted a net loss of $14.5M (vs. $2.9M profit in pcp) and suspended dividends, though it completed a $56.3M equity raise in January 2026 to strengthen liquidity and address operational creditor obligations. Key points: Coal sales volumes remained broadly stable at 3.2Mt (H1 2024: 3.3Mt), demonstrating resilience despite ROM production decline; Blair Athol Mine increased saleable coal output 6% to 836kt and coal sales 13% to 809kt despite overall group headwinds; Successfully completed $56.3M equity raise (net of costs) in January 2026 to significantly strengthen liquidity and working capital
Recent Announcements
Appendix 4D and December 2025 Half Year Financial Statements
TerraCom reported a significant operational and financial deterioration in H1 2025, with revenue declining 11% to $98.6M and EBITDA swinging from a $15.2M profit to a $7.0M loss, primarily driven by a 21% collapse in average coal prices despite a 13% increase in sales volumes. The company posted a net loss of $14.5M (vs. $2.9M profit in pcp) and suspended dividends, though it completed a $56.3M equity raise in January 2026 to strengthen liquidity and address operational creditor obligations. Key points: Coal sales volumes remained broadly stable at 3.2Mt (H1 2024: 3.3Mt), demonstrating resilience despite ROM production decline; Blair Athol Mine increased saleable coal output 6% to 836kt and coal sales 13% to 809kt despite overall group headwinds; Successfully completed $56.3M equity raise (net of costs) in January 2026 to significantly strengthen liquidity and working capital
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