FY2021
Cash-funded activity
There was no net investing or financing flow in the selected statement; operating outflow reduced the cash base.
ASX: BUX · Five-year financial review
(ASX: BUX) Buxton Resources Financial Review - FY2021~25
Buxton’s FY2021-FY2025 financial record shows financing repeatedly offsetting exploration-related operating outflows. The latest cash balance was broadly maintained, but statutory losses widened and combined revenue/other income should not be read as recurring mine sales.
Reading the figures: Units are stated above each table or beside the metric. Brackets denote negative amounts. Supported nil is shown as zero; unlike reporting bases remain separately labelled.
FY2025 cash
A$2.578m
Closing statement cash.
Operating outflow
A$3.833m
Cash used, not net loss.
Net financing
A$3.676m
Positive cash inflow.
Statutory loss
A$4.793m
Excludes OCI movement.
Five years in context
Operating cash outflows increased across the five-year record. The latest financing inflow helped maintain cash despite that consumption; neither financing nor sales of project interests establishes a profitable operating mine.
The FY2025 income line combines revenue and other income. Its decline accompanied a wider net loss even though exploration expense was lower, demonstrating why one expense line alone cannot explain the result.
Events behind the numbers
FY2022
Fresh financing partly offsets outflow
Positive financing was smaller than operating and investing outflows, leaving a lower cash balance.
FY2023
Cash recovers with funding
Financing and a net investing inflow lifted cash despite a larger operating outflow. Investing proceeds are not classified as sales here.
FY2024
Operating outflow rises
Cash consumed in operations increased again; the income statement includes significant share-based payments and exploration expense.
FY2025
Funding broadly maintains liquidity
A further financing inflow supported cash. Exploration impairment and share-based payments contributed non-cash charges to the reported loss.
FINANCIAL REVIEW / 01
Cash resilience depends on funding, not earnings
Cash stayed close to the preceding year’s balance while the loss increased. The cash-flow categories show how funding supported this outcome; there is no basis to interpret the stable cash balance as positive operating cash generation.
Year-end cash
A$ million
Cash and equivalents
AI-generated presentation · values from Cash and reported loss; no missing values plotted as zero.
Net loss
A$ million
Loss after income tax
AI-generated presentation · values from Cash and reported loss; no missing values plotted as zero.
Cash and reported loss
A$ million
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Cash and equivalents | 2.676 | 1.972 | 4.018 | 2.759 | 2.578 |
| Loss after income tax | (1.203) | (1.552) | (2.826) | (4.125) | (4.793) |
Earlier financial statements refer to the Company; later records are consolidated. This is the reported issuer history, not a constant subsidiary perimeter.
FY2021 total comprehensive loss equals net loss because the stored interpretation confirms nil tax and no additional comprehensive movement.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
FINANCIAL REVIEW / 02
Follow each cash-flow category separately
The group’s exploration payments are included within operating cash. They are not automatically equivalent to investing capex. The reported categories are kept intact rather than moving all exploration into a generic mining-capital row.
Operating cash flow
A$ million
Net operating cash flow
AI-generated presentation · values from Three cash-flow categories; no missing values plotted as zero.
Financing and investing
A$ million
Net financing cash flowNet investing cash flow
AI-generated presentation · values from Three cash-flow categories; no missing values plotted as zero.
Three cash-flow categories
A$ million
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Net operating cash flow | (1.107) | (1.548) | (2.777) | (3.615) | (3.833) |
| Net investing cash flow | 0.000 | (0.037) | 1.271 | (0.025) | (0.025) |
| Net financing cash flow | 0.000 | 0.881 | 3.551 | 2.381 | 3.676 |
FY2021 investing and financing are explicitly nil in stored interpretations, not missing observations converted to zero.
Investing is a net cash category; an inflow is not revenue or negative exploration cost.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
FINANCIAL REVIEW / 03
Lower exploration expense did not prevent a larger loss
The selected FY2025 non-cash charges include share-based payments and an exploration impairment. The combined income line also fell. These are distinct drivers, not a complete reconciliation or a forecast of future cash requirements.
Exploration and share-based expense
A$ million
Exploration expenseShare-based payments
AI-generated presentation · values from Recent income and exploration-related expenses; no missing values plotted as zero.
Recent income and exploration-related expenses
A$ million
| Metric | FY2024 | FY2025 |
|---|---|---|
| Revenue and other income combined | 2.847 | 1.003 |
| Exploration expense | (3.726) | (2.884) |
| Share-based payments | (1.073) | (0.840) |
| Exploration asset impairment | 0.000 | (0.249) |
Combined revenue and other income is not a mine-sales series: the latest segment note includes proceeds for an exploration-permit interest.
Expenses are negative; exploration expense differs from payments for exploration in the cash-flow statement. FY2024 impairment is explicitly nil.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
Historical statement capital, FY2021-FY2024
A$ million
| Metric | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|
| Total assets | 3.596 | 3.004 | 5.229 | 4.474 |
| Total equity | 3.530 | 2.921 | 4.068 | 3.955 |
The FY2025 frozen extraction has cash-flow and earnings records but no complete comparable group asset/equity total selected here. This boundary is an extraction gap, not a claim of issuer non-disclosure.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
Reading the figures
- FY2025 total group assets and equity are not reconstructed from segment assets or parent-only balances.
- The selected packet contains no usable narrative project-development timeline; the event cards therefore describe evidenced financial developments rather than invented operational milestones.
- Recorded FY2025 net cash movement differs from the simple opening-to-closing cash change; the review uses reported balances without silently correcting the residual.
- Prepared from existing year-by-year extraction records only. No raw-source retrieval, database query, financial web research or MiniMax call. Primary-author review, not an independent original-document audit; published.
Annual-report source registry
- Buxton Resources - Annual ReportExisting annual extraction, including separately identified historical comparatives.
- Buxton Resources - Full Year Statutory AccountsExisting annual extraction, including separately identified historical comparatives.
- Buxton Resources - Annual Report to shareholdersExisting annual extraction, including separately identified historical comparatives.
- Buxton Resources - Full Year Statutory AccountsExisting annual extraction, including separately identified historical comparatives.
- Buxton Resources - Stored annual extraction FY2025 (source title not retained)Existing annual extraction, including separately identified historical comparatives.
Prepared solely from the existing year-by-year extraction datasets. No raw annual-report body, PDF, new database lookup or financial web research was used. Review is against those stored extractions, not a new independent original-document audit.
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AI-led method
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