Greatland Resources Limited has posted its unaudited preliminary results for FY25, showcasing the strength of its operations and cash generation following seven months of production at the Telfer mine.
The company reported revenue of $961.3 million, supported by an average realised gold price of $4,785 per ounce. Strong operational performance translated into net operating cash flow of $601.1 million, while segment EBITDA came in at $526.7 million.
Profitability was equally robust, with net profit before tax of $441.9 million and net profit after tax of $337.3 million. By 30 June 2025, Greatland’s cash reserves stood at $574.7 million, with no debt on the balance sheet—a solid position for future growth initiatives.
On the safety front, the company also reported continued improvement, with its total recordable injury frequency rate (TRIFR) improving to 6.0 at the end of the financial year.
Greatland’s results highlight both the financial momentum from Telfer and its focus on maintaining operational discipline and workplace safety.
Greatland Gold: From Junior Explorer to ASX Contender
Highlights:
Renewed safety focus at Telfer generating improved outcomes
§ Total recordable injury frequency rate improved to 6.0 at 30 June 2025 (14.1 at 31 Dec 2024)
§ Integration of Telfer operation under Greatland ownership completed efficiently and to plan
Significant cash generation from just seven months of operations in FY2025
§ Revenue from customer contracts of $961.3 million at an average achieved gold price of $4,785 per ounce
§ Net cash flow from operating activities of $601.1 million
§ Segment earnings before interest, tax, depreciation and amortisation of $526.7 million
§ Net profit before tax of $441.9 million reflecting high margin production from Telfer
§ Net profit after tax of $337.3 million
Strong foundation set for FY2026 plans across Telfer and Havieron
§ Cash and cash equivalents of $574.7 million at 30 June 2025
§ Nil debt at 30 June with significant liquidity available
§ Full exposure to the current spot gold and copper prices
Commenting on the FY2025 unaudited results, Greatland Managing Director Shaun Day said:
“Producing such a strong set of financial results from the first seven months of ownership of Telfer is a great credit to the significant efforts of our team. Our focus continues to be on the delivery of our FY2026 operational plan and progressing the growth opportunities at Haverion and Telfer.”
This announcement is approved for release by Shaun Day, Greatland Managing Director.
Contact
For further information, please contact:
Greatland Gold plc
Shaun Day, Managing Director | Rowan Krasnoff, Chief Development Officer
