Chrysos Posts Narrower Fiscal H1 Loss, Higher Revenue; Shares Down 3%

MT Newswires Live
20 Feb

Chrysos (ASX:C79) reported Thursday a fiscal first-half loss of AU$0.023 per diluted share, narrowing from AU$0.03 per diluted share a year earlier.

Analysts polled by FactSet expected a loss per diluted share of AU$0.03.

Revenue and other income for the six months ended Dec. 31, 2024, was AU$30 million, compared with AU$19.8 million a year earlier. Analysts surveyed by FactSet expected sales of AU$29.1 million.

The company said its revenue for fiscal 2025 is tracking at the lower end of the AU$60 million to AU$70 million guidance range. Analysts polled by FactSet expect a net loss of AU$0.01 per diluted share on sales of AU$64.2 million.

The firm did not pay, recommend, or declare any dividends during the current or previous financial year.

The company's shares fell almost 3% in recent Thursday trade.

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