Archelon Natural Resources (ALONNR) Q4 2025 earnings summary

Executive summary

• Completed strategic acquisition of Crustal AB, expanding the project portfolio by over 2,000 hectares of exploration permits adjacent to the Gladhammar project in Västervik.

• Raised approximately 6.9 MSEK through a directed share issue and 2.3 MSEK via exercised warrants, strengthening the capital base.

• Appointed new CEO and board, and established a specialized geological team to drive exploration and project development.

• Presented a winter work program for the Västervik district and Gladhammar project, focusing on data validation and technical platform enhancement.

Financial highlights

• Net sales for Q4 2025 and full year 2025 were 0 TSEK (Q4 2024: 165 TSEK; FY 2024: 168 TSEK).

• Operating loss for Q4 2025 was -2,625 TSEK (Q4 2024: -899 TSEK); full year operating loss was -6,350 TSEK (FY 2024: -4,033 TSEK).

• Net loss after tax for Q4 2025 was -2,686 TSEK (Q4 2024: -499 TSEK); full year net loss was -5,808 TSEK (FY 2024: -2,736 TSEK).

• Earnings per share for Q4 2025 was -0.077 SEK (Q4 2024: -0.032 SEK); full year EPS was -0.165 SEK (FY 2024: -0.195 SEK).

• Cash and cash equivalents at year-end were 7.7 MSEK (2024: 0.3 MSEK).

Outlook and guidance

• Ongoing strategic restart with focus on systematic exploration and value creation in metals critical for the energy transition.

• Anticipates an intensive summer field season following desktop-based winter work.

• No dividend proposed for 2025.