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Quantum Graphite Limited (ASX:QGL)

ALERT: Price-sensitive ASX Announcement for QGL
Current share price for QGL : $0.375 -0.1 (-21.05%)+
Release
30 Sep 2025 4:45PM
Price at Release
$0.475
Full Release
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Summary
The annual report for Quantum Graphite Limited provides a comprehensive overview of the financial performance and activities for the year ending 30 June 2025. The company reported a total comprehensive loss of AUD 4,913,809, with revenues amounting to AUD 1,820,200, largely from other income. Key financial statements included in the report are the Consolidated Statement of Profit or Loss and Other Comprehensive Income, the Consolidated Statement of Financial Position, and the Consolidated Statement of Changes in Equity. The report highlights an increase in issued capital to AUD 74,621,342 and reserves at AUD 220,264, despite accumulated losses reaching AUD 60,065,993. Additionally, the company maintained its mining and exploration licenses and reported no contingent liabilities. Key management personnel received remuneration including shares issued in lieu of fees, and no dividends were declared. The report also discusses the company's exploration and evaluation assets and their associated expenditures.
Key Points
  • Total comprehensive loss for the year was AUD 4,913,809.
  • Revenue mainly derived from other income totaling AUD 1,820,200.
  • Issued capital increased to AUD 74,621,342.
  • Accumulated losses were AUD 60,065,993.
  • Mining and exploration licenses remain valid.
  • No contingent liabilities reported as of 30 June 2025.
  • Shares issued in lieu of fees for directors and services.
  • No dividends declared for the financial year.
  • Exploration and evaluation asset expenditure detailed.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.