Archelon Natural Resources (ALONNR) Q2 2025 earnings summary

Executive summary

• No revenue was generated in Q2 2025 or the first half of 2025; net sales remained at 0 Tkr year-over-year.

• Operating loss widened to -1,250 Tkr in Q2 2025 from -1,074 Tkr in Q2 2024; net loss after tax was -1,015 Tkr versus -818 Tkr year-over-year.

• For the first half of 2025, operating loss was -2,531 Tkr (vs. -2,198 Tkr), and net loss after tax was -2,296 Tkr (vs. -1,542 Tkr) year-over-year.

• Strategic focus on developing gold and rare earth assets, with ongoing exploration and positive preliminary geological results.

Financial highlights

• Earnings per share for Q2 2025 were -0.061 kr, improving from -0.07 kr in Q2 2024; for H1 2025, EPS was -0.061 kr (vs. -0.07 kr in H1 2024).

• Equity at period end was 4,728 Tkr, down from 5,944 Tkr a year earlier.

• Cash and cash equivalents at June 30, 2025, were 833 Tkr, compared to 2,413 Tkr at June 30, 2024.

• Cash flow from operations for H1 2025 was -683 Tkr, improved from -2,265 Tkr in H1 2024.

Outlook and guidance

• Ongoing development of new projects in line with the business model; updates to be communicated as projects mature.

• Next quarterly report scheduled for November 20, 2025.