Oakajee (OKJ) H2 2025 earnings summary

Executive summary

• Focused on exploration and development activities in Australia, primarily at the Paynes Find Gold Project in Western Australia.

• Reported a net loss after tax of $528,690 for the year ended 30 June 2025, an improvement from a $675,299 loss in the prior year.

• Continued regional exploration at Paynes Find, with auger and aircore drilling programs targeting gold mineralisation.

Financial highlights

• Revenue and other income totaled $16,018, down from $37,786 in the prior year.

• Net loss after tax was $528,690, compared to $675,299 in the previous year.

• Total comprehensive loss for the year was $39,690, reflecting a $489,000 gain on revaluation of equity investments.

• Cash and cash equivalents at year-end were $178,225, down from $682,537.

• Financial assets at fair value through OCI increased to $1,241,000 from $752,000.

• Basic and diluted EPS were both (0.58) cents, improved from (0.74) cents last year.

Outlook and guidance

• Planned additional drilling at Paynes Find South in the September quarter, with statutory approvals in place.

• Directors believe the company has access to sufficient funding, supported by liquid equity investments.