FY2021
May 2021 placement and June cash balance
A May placement raised A$42.1m; BlackRock invested A$20m. The balance sheet closed 30 June with A$47.5m cash.
ASX: CEL · Five-year financial review
Challenger Gold Limited (ASX: CEL) - Five-Year Financial Review FY2021-FY2025
Five selected annual-report packages trace Challenger Gold from exploration funding to Hualilan toll mining development. Statement amounts are consolidated Australian dollars unless a table says otherwise; FY2022 is a six-month transition and the selected closes are not five consecutive equal-length years.
Reading the tables: 0 (nil) is a supported zero. Other text distinguishes an amount included in another line, a non-applicable item, a separately unavailable component and an unresolved value. These are not interchangeable. Period-specific detail is labelled; complete year-by-year detail remains available.
2025 cash
A$36.2m
31 December balance
2025 total assets
A$274.3m
Consolidated balance sheet
2025 owners' profit
A$5.8m
Statutory, includes A$15.6m net monetary gain
2025 investing cash
(A$24.5m)
Net outflow
Five years in context
The selected reports move from a June 2021 close to a six-month December 2022 transition, then three 12-month December years. A year to June 2022 sits between the first two selected reports, so the first two columns are neither adjacent equal-duration flows nor a clean year-on-year comparison.
Exploration and evaluation assets remained the largest asset category through 2024. The 2025 statements separately show mining development and a toll-processing intangible as the Hualilan Tolling Phase advanced. Statutory profits in 2022–2025 include material gains on the Argentine subsidiary's net monetary position; the functional currency changed to US dollars on 1 October 2025 and AASB 129 ceased to apply thereafter.
The consolidated financial statements use Australian dollars as the presentation currency, although project and subsidiary facts may refer to US dollars or Argentine pesos.
Events behind the numbers
FY2022
Six-month transition and convertible funding
The six months to 31 December 2022 included a US$15m QRC unsecured convertible debenture placement. The A$19.3m net monetary-position gain is an accounting component of statutory profit.
FY2023
November 2023 Hualilan scoping study
The issuer announced its Hualilan scoping study in November 2023. Its project forecasts are study estimates, while the year's A$48.8m monetary-position gain is a reported accounting amount.
FY2024
Equity placements and toll milling preparation
First-half placements raised A$9.6m before costs, and Hualilan appointed a general manager to lead toll-milling readiness. Current-year share-issue cash proceeds were A$14.6m.
FY2025
Toll mining development and currency change
Hualilan moved into toll mining development, with separately classified mining development assets. Golden Mining SA changed functional currency from ARS to USD on 1 October 2025; the auditor also reported a material uncertainty related to going concern without modifying the opinion.
FINANCIAL REVIEW / 01
Statutory performance
Reported profit is strongly affected by net monetary-position gains from hyperinflation accounting, particularly in 2023 and 2024. The 2025 gain reflects the period before the October functional-currency change; it should not be read as recurring mining income.
Owners' profit after tax
AUD
Net profit / (loss) after tax
AI-generated presentation · values from Tax, owners' profit and comprehensive result (AUD); no missing values plotted as zero.
Gain on net monetary position
AUD
Gain on net monetary position (IAS 29/AASB 129)
AI-generated presentation · values from Consolidated statutory profit or loss (AUD); no missing values plotted as zero.
Consolidated statutory profit or loss (AUD)
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Other income | 6,320,981 | 11,307,082 | 9,622,062 | 2,627,861 | 2,416,382 |
| Gain on net monetary position (IAS 29/AASB 129) | — | 19,333,616 | 48,788,194 | 81,324,793 | 15,648,553 |
| Accounting and audit fees | (46,764) | (252,634) | (163,857) | (332,779) | (681,692) |
| Consultants' and directors' fees | (761,016) | (516,912) | (1,145,458) | (1,723,618) | (1,214,914) |
| Legal and compliance | (162,445) | (201,873) | (101,887) | (199,989) | (256,747) |
| Investor relations, conferences and corporate advice | (213,718) | (554,848) | (319,856) | (444,760) | (350,634) |
| Employee expenses | (46,593) | (83,688) | (121,296) | (299,324) | (224,762) |
| Travel expenses | (6,594) | (225,653) | (247,896) | (340,602) | (159,863) |
| Public company and administration expenses | (802,689) | (596,181) | (951,467) | (1,189,552) | (1,520,362) |
| Share-based payments | (1,234,925) | (252,920) | (860,205) | (156,672) | (693,396) |
| Foreign exchange gain/(loss) recognised in profit or loss | (88,790) | 968,606 | 512,718 | (2,790,104) | (461,503) |
| Loan facility expenses / finance costs | (303,589) | (1,136,618) | (4,187,386) | (4,480,529) | (5,603,651) |
| Depreciation | (30,878) | (69,275) | (174,996) | (226,914) | (282,818) |
| Other expenses | (3,474) | (102,132) | (96,840) | (216,662) | (544,913) |
| Fair value gain/(loss) on derivative liability | — | 2,448,501 | 5,817,504 | 905,945 | (1,132,982) |
| Profit before income tax | 2,619,506 | 26,647,964 | 50,039,112 | 71,551,149 | 4,936,698 |
FY2022 covers six months to 31 December 2022. FY2021 ended 30 June 2021; a 12-month year to 30 June 2022 sits between the selected reports.
Expense rows in the FY2022 and FY2023 source statements are printed as positive amounts but deducted in profit before tax; parentheses here show their financial effect.
FY2021 loan facility expenses and subsequent finance costs retain their distinct issuer labels. The net monetary position gains arise from AASB 129; the FY2025 gain is for the period before the Argentine subsidiary changed functional currency on 1 October 2025.
FY2022–FY2023 foreign-exchange gains and FY2022–FY2024 derivative fair-value gains are components already included in other income and must not be added to that subtotal again. The FY2023 current-year note reports A$512,718 FX gain (R002205) within A$9,622,062 other income (R002515); the FY2024 report's FY2023 comparative prints a dash for that gain (R003136) but the same A$9,622,062 total (R003146). This unresolved presentation conflict is disclosed while retaining the current-year amount, without double counting it. FY2024–FY2025 separate loss lines retain negative signs. Comparative dashes for loss-only rows do not cancel gains reported in the notes. FY2022 is a six-month period.
Basis and presentation notes (2)
- Gain on net monetary position (IAS 29/AASB 129) / FY2021 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Fair value gain/(loss) on derivative liability / FY2021 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
Source: Challenger Gold annual financial statements; see consolidated source registry.
Tax, owners' profit and comprehensive result (AUD)
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Income tax (expense) / benefit | (2,021,243) | (1,962,994) | 3,822,688 | 3,047,069 | 834,307 |
| Net profit / (loss) after tax | 598,263 | 24,684,970 | 53,861,800 | 74,598,218 | 5,771,005 |
| FX translation of foreign operations (OCI) | (1,810,211) | (20,721,267) | (86,702,116) | (16,066,254) | (41,390,447) |
| Total comprehensive income / (loss) attributable to owners | (1,211,948) | 3,963,703 | (32,840,316) | 58,531,964 | (35,619,442) |
Tax benefit is positive; tax expense and foreign-operation translation losses are shown in parentheses.
Source: Challenger Gold annual financial statements; see consolidated source registry.
Earnings per share (Australian cents)
cents per share
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Basic earnings per share | 0.09 | 2.38 | 4.70 | 5.39 | 0.29 |
| Diluted earnings per share | 0.08 | 2.36 | 4.60 | 5.35 | 0.28 |
Per-share figures are not comparable with dollar-denominated earnings without share-count context.
Source: Challenger Gold annual financial statements; see consolidated source registry.
FINANCIAL REVIEW / 02
Assets, liquidity and liabilities
Cash recovered at the 2025 close following A$74.2m of share-issue cash proceeds, while A$19.9m of interest-bearing and A$1.3m of derivative liabilities remained current. The 2025 report separately identifies toll-processing and mining-development assets as the project entered the tolling phase.
Total assets, liabilities and net assets
AUD
Total assetsTotal liabilitiesNet assets
AI-generated presentation · values from Consolidated financial position at each balance date (AUD); no missing values plotted as zero.
Consolidated financial position at each balance date (AUD)
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 47,490,314 | 15,426,824 | 4,345,983 | 853,144 | 36,194,257 |
| Total current assets | 47,814,369 | 16,341,649 | 5,070,746 | 1,150,295 | 41,256,161 |
| Deferred / capitalised exploration and evaluation expenditure | 29,497,231 | 154,145,647 | 138,714,424 | 222,000,458 | 205,479,330 |
| Total non-current assets | 32,663,139 | 162,986,337 | 141,402,464 | 225,323,345 | 233,018,141 |
| Total assets | 80,477,508 | 179,327,986 | 146,473,210 | 226,473,640 | 274,274,302 |
| Total current liabilities | 1,783,547 | 21,135,845 | 16,693,656 | 21,903,332 | 28,581,902 |
| Total non-current liabilities | 5,521,243 | 8,954,859 | 2,369,993 | 1,530,044 | 4,793,073 |
| Total liabilities | 7,304,790 | 30,090,704 | 19,063,649 | 23,433,376 | 33,374,975 |
| Net assets | 73,172,718 | 149,237,282 | 127,409,561 | 203,040,264 | 240,899,327 |
Balance dates: 30 June 2021, then 31 December 2022, 2023, 2024 and 2025. These are point-in-time balances; the 18-month spacing to the first December close is visible in the dates.
Exploration and evaluation assets exclude the separately classified FY2025 mining development asset. The FY2025 annual balance-sheet table supplies the final-year values missing from the frozen extraction table.
Source: Challenger Gold annual financial statements; see consolidated source registry.
Selected consolidated liabilities at period end (AUD)
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Interest bearing liabilities (current) | — | 12,228,566 | 14,285,517 | 18,893,549 | 19,879,744 |
| Derivative liabilities (current) | — | 6,855,647 | 1,038,143 | 132,198 | 1,265,180 |
| Lease liabilities (non-current) | — | — | — | 223,020 | 59,354 |
| Deferred tax liabilities (non-current) | 2,021,243 | 8,695,550 | 2,323,928 | 1,307,024 | 280,678 |
| Provisions (current) | 47,004 | 103,133 | 112,480 | 110,794 | 106,704 |
| Trade and other payables | 1,736,543 | 1,948,499 | 1,257,516 | 2,766,791 | 7,257,996 |
Current interest-bearing and derivative liabilities are shown separately. FY2021's A$3.5m loan facility was non-current (R000605), so an absent current borrowing cell is not zero total debt.
The FY2025 balance sheet also shows A$72,278 current lease liabilities and A$2,869,017 non-current rehabilitation provisions; these are distinct from the rows above.
Basis and presentation notes (5)
- Interest bearing liabilities (current) / FY2021 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Derivative liabilities (current) / FY2021 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Lease liabilities (non-current) / FY2021 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Lease liabilities (non-current) / FY2022 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Lease liabilities (non-current) / FY2023 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
Source: Challenger Gold annual financial statements; see consolidated source registry.
Newly separate FY2025 asset lines (AUD)
AUD
| Metric | FY2025 |
|---|---|
| Intangible asset - toll processing | 4,724,260 |
| Mining development assets | 16,062,295 |
These lines first appear separately in the FY2025 consolidated position statement. They are not an extension of the exploration and evaluation row.
Source: Challenger Gold annual financial statements; see consolidated source registry.
FINANCIAL REVIEW / 03
Cash use and funding
Exploration and development cash payments and operating outflows were funded chiefly by equity cash receipts and the earlier convertible placement. The 2025 gross cash-flow components are retained because offsetting investment and facility movements would hide actual inflows and outflows.
Operating, investing and financing cash flows
$
Net cash from / (used in) operating activitiesNet cash used in investing activitiesNet cash from financing activities
AI-generated presentation · values from Consolidated cash flows by activity (AUD); no missing values plotted as zero.
Consolidated cash flows by activity (AUD)
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Payments to suppliers and employees$ | (1,709,038) | (2,756,341) | (5,366,145) | (5,118,918) | (8,717,141) |
| Other income$ | 6,317,507 | — | — | — | — |
| Interest paid (or interest and other costs of finance paid)$ | — | — | — | (1,611,949) | (1,990,342) |
| Interest received$ | 3,474 | 24,426 | 109,112 | 48,001 | 17,447 |
| Net cash from / (used in) operating activities$ | 4,611,943 | (2,731,915) | (5,257,033) | (6,682,866) | (10,690,036) |
| Receipts from Blue Chip Swaps transactions$ | — | 6,776,715 | 4,942,590 | 1,263,142 | 210,473 |
| Expenditure on exploration$ | (21,278,602) | (22,451,317) | (20,075,104) | (13,003,752) | (13,495,203) |
| Expenditure on property, plant and equipment$ | (322,751) | (113,241) | (54,736) | (8,571) | (1,011,563) |
| Expenditure on mining development$ | — | — | — | Not separately presented | (6,928,261) |
| User fee paid in relation to toll processing agreement$ | Not applicable | Not applicable | Not applicable | Not applicable | (3,227,576) |
| Investment in mutual fund | — | — | — | — | (728,408) |
| Proceeds from investments | — | — | — | — | 728,408 |
| Net cash used in investing activities$ | (21,601,353) | (15,787,843) | (15,187,250) | (11,749,181) | (24,452,130) |
| Loans received$ | 3,500,000 | 21,835,078 | 0 (nil) | — | — |
| Repayment of loans$ | 0 (nil) | (1,220,000) | (17,055) | (19,204) | (22,554) |
| Proceeds from share issue$ | 62,140,477 | 2,600,000 | 10,000,000 | 14,642,070 | 74,225,728 |
| Receipts on exercise of options$ | — | — | — | — | 100,000 |
| Share issue costs$ | (4,593,255) | (199,107) | (684,625) | (159,450) | (3,826,120) |
| Funds from shares not issued | — | — | — | — | 50,000 |
| Costs of loan facility$ | (280,000) | (841) | 0 (nil) | — | — |
| Repayment of lease liability$ | — | — | Nil | (15,829) | (65,765) |
| Proceeds from drawdown facility | Not applicable | Not applicable | Not applicable | Not applicable | 2,887,122 |
| Repayment of drawdown facility | Not applicable | Not applicable | Not applicable | Not applicable | (2,887,122) |
| Net cash from financing activities$ | 60,767,222 | 23,015,130 | 9,298,320 | 14,447,587 | 70,461,289 |
| Net increase / (decrease) in cash and cash equivalents$ | 43,777,812 | 4,495,372 | (11,145,963) | (3,984,460) | 35,319,123 |
| Effect of movements in exchange rates on cash held$ | (88,790) | 515,930 | 65,122 | 491,621 | 21,990 |
| Cash and cash equivalents at end of period$ | 47,490,314 | 15,426,824 | 4,345,983 | 853,144 | 36,194,257 |
FY2022 is a six-month transition period. FY2021 is the year to 30 June 2021; the year to 30 June 2022 is not among the five selected packages.
FY2023 uses its original current-year cash-flow rows. The FY2024 annual report later split the FY2023 A$5,366,145 supplier-and-employee cash outflow into A$3,950,183 of those payments and A$1,415,962 of interest; net operating cash was unchanged.
The FY2025 mutual-fund investment and proceeds, and drawdown and repayment, are shown gross as the issuer reports them. They must not be reduced to only one leg.
FY2025's A$100,000 option-exercise receipt and A$50,000 of funds from shares not issued are separate financing lines.
The named FY2025 toll-processing fee and drawdown-facility transactions are period-specific details; earlier selected years show Not applicable for those named transactions, without implying zero for broader cash-flow categories. The FY2024 mining-development comparative dash does not establish a zero payment.
Basis and presentation notes (50)
- Other income / FY2022 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Other income / FY2023 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Other income / FY2024 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Other income / FY2025 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Interest paid (or interest and other costs of finance paid) / FY2021 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Interest paid (or interest and other costs of finance paid) / FY2022 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Interest paid (or interest and other costs of finance paid) / FY2023 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Receipts from Blue Chip Swaps transactions / FY2021 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Expenditure on mining development / FY2021 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Expenditure on mining development / FY2022 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Expenditure on mining development / FY2023 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Expenditure on mining development / FY2024 — Not separately presented: The FY2025 statement shows a dash for its FY2024 comparative development-payment line, while the FY2024 selected statement has no separate line; no zero is inferred.
- User fee paid in relation to toll processing agreement / FY2021 — Not applicable: FY2025 toll-processing agreement user fee R004564 is a named later transaction; the agreement-specific cash-payment line is not applicable to the FY2021. No general absence of processing or zero cash flow is inferred.
- User fee paid in relation to toll processing agreement / FY2022 — Not applicable: FY2025 toll-processing agreement user fee R004564 is a named later transaction; the agreement-specific cash-payment line is not applicable to the FY2022. No general absence of processing or zero cash flow is inferred.
- User fee paid in relation to toll processing agreement / FY2023 — Not applicable: FY2025 toll-processing agreement user fee R004564 is a named later transaction; the agreement-specific cash-payment line is not applicable to the FY2023. No general absence of processing or zero cash flow is inferred.
- User fee paid in relation to toll processing agreement / FY2024 — Not applicable: FY2025 toll-processing agreement user fee R004564 is a named later transaction; the agreement-specific cash-payment line is not applicable to the FY2024. No general absence of processing or zero cash flow is inferred.
- Investment in mutual fund / FY2021 — —: This named cash-flow line is not separately presented in the selected period.
- Investment in mutual fund / FY2022 — —: This named cash-flow line is not separately presented in the selected period.
- Investment in mutual fund / FY2023 — —: This named cash-flow line is not separately presented in the selected period.
- Investment in mutual fund / FY2024 — —: This named cash-flow line is not separately presented in the selected period.
- Proceeds from investments / FY2021 — —: This named cash-flow line is not separately presented in the selected period.
- Proceeds from investments / FY2022 — —: This named cash-flow line is not separately presented in the selected period.
- Proceeds from investments / FY2023 — —: This named cash-flow line is not separately presented in the selected period.
- Proceeds from investments / FY2024 — —: This named cash-flow line is not separately presented in the selected period.
- Loans received / FY2023 — 0 (nil): FY2023 consolidated cash-flow statement explicitly reports a dash for loans received (R002441), following FY2022 loans received of A$21,835,078.
- Loans received / FY2024 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Loans received / FY2025 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Repayment of loans / FY2021 — 0 (nil): FY2021 consolidated financing cash-flow line explicitly reports a dash for repayment of loans (R000481).
- Receipts on exercise of options / FY2021 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Receipts on exercise of options / FY2022 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Receipts on exercise of options / FY2023 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Receipts on exercise of options / FY2024 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Funds from shares not issued / FY2021 — —: This named financing line is not separately presented in the selected period.
- Funds from shares not issued / FY2022 — —: This named financing line is not separately presented in the selected period.
- Funds from shares not issued / FY2023 — —: This named financing line is not separately presented in the selected period.
- Funds from shares not issued / FY2024 — —: This named financing line is not separately presented in the selected period.
- Costs of loan facility / FY2023 — 0 (nil): FY2023 consolidated financing cash-flow line explicitly reports a dash for costs of loan facility (R002447).
- Costs of loan facility / FY2024 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Costs of loan facility / FY2025 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Repayment of lease liability / FY2021 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Repayment of lease liability / FY2022 — —: This named line is not separately presented in the selected annual statement; no zero is inferred.
- Repayment of lease liability / FY2023 — Nil: Issuer's same-row comparative shows a dash (reported nil).
- Proceeds from drawdown facility / FY2021 — Not applicable: FY2025 named drawdown-facility proceeds DB-CEL-eabf2348-024-FY2025 are a later facility transaction; this specific receipt is not applicable to the FY2021. Other loan activity remains separately reported.
- Proceeds from drawdown facility / FY2022 — Not applicable: FY2025 named drawdown-facility proceeds DB-CEL-eabf2348-024-FY2025 are a later facility transaction; this specific receipt is not applicable to the FY2022. Other loan activity remains separately reported.
- Proceeds from drawdown facility / FY2023 — Not applicable: FY2025 named drawdown-facility proceeds DB-CEL-eabf2348-024-FY2025 are a later facility transaction; this specific receipt is not applicable to the FY2023. Other loan activity remains separately reported.
- Proceeds from drawdown facility / FY2024 — Not applicable: FY2025 named drawdown-facility proceeds DB-CEL-eabf2348-024-FY2025 are a later facility transaction; this specific receipt is not applicable to the FY2024. Other loan activity remains separately reported.
- Repayment of drawdown facility / FY2021 — Not applicable: FY2025 named drawdown-facility repayment DB-CEL-eabf2348-025-FY2025 is a later facility transaction; this specific repayment is not applicable to the FY2021. Other loan repayments remain separately reported.
- Repayment of drawdown facility / FY2022 — Not applicable: FY2025 named drawdown-facility repayment DB-CEL-eabf2348-025-FY2025 is a later facility transaction; this specific repayment is not applicable to the FY2022. Other loan repayments remain separately reported.
- Repayment of drawdown facility / FY2023 — Not applicable: FY2025 named drawdown-facility repayment DB-CEL-eabf2348-025-FY2025 is a later facility transaction; this specific repayment is not applicable to the FY2023. Other loan repayments remain separately reported.
- Repayment of drawdown facility / FY2024 — Not applicable: FY2025 named drawdown-facility repayment DB-CEL-eabf2348-025-FY2025 is a later facility transaction; this specific repayment is not applicable to the FY2024. Other loan repayments remain separately reported.
Source: Challenger Gold annual financial statements; see consolidated source registry.
FINANCIAL REVIEW / 05
Projects and operating segments
Hualilan in Argentina moved from exploration and study work into toll mining development in 2025. The Ecuador project resource update announced in April 2025 included 4.4 Moz AuEq at 50%-owned Colorado V and 4.7 Moz AuEq at wholly owned El Guayabo; gross and attributable quantities differ. These resource estimates are snapshots under project-specific assumptions, not a single like-for-like annual production series.
The segment table is an accounting view: Argentine results include hyperinflation gains through the relevant periods and do not establish project cash generation. No production volume or unit-cost trend is presented from the selected evidence.
Reportable segment pre-tax results, FY2023–FY2025 (AUD)
AUD
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Australia | (856,594) | (8,494,761) | (8,061,262) |
| Argentina | 50,988,803 | 80,135,633 | 13,261,396 |
| Ecuador | (93,097) | (89,723) | (263,436) |
| Consolidated | 50,039,112 | 71,551,149 | 4,936,698 |
Only the three December years with matched current-year segment periods are shown. FY2021–FY2022 segment extraction mixes dates and later comparative columns and is excluded rather than relabelled.
Argentina's pre-tax segment result includes the AASB 129 monetary-position gain; geographic results are accounting segment measures, not mine operating profit.
Source: Challenger Gold annual financial statements; see consolidated source registry.
Ecuador mineral resource update announced 9 April 2025
Moz AuEq
| Metric | 9 Apr 2025 |
|---|---|
| Colorado V gross estimate (50% interest) | 4.4 |
| El Guayabo gross estimate (100% interest) | 4.7 |
| Ecuador projects gross combined | 9.1 |
| CEL net attributable combined | 6.9 |
Issuer-stated announcement snapshot reproduced from the selected annual extraction. Gross project estimates and CEL's net attributable interest are distinct; this is not a year-end production or like-for-like multi-year resource trend.
Source: Challenger Gold annual financial statements; see consolidated source registry.
Reading the figures
- The five selected reports skip the year ended 30 June 2022 between FY2021 and the six-month December 2022 transition; flow comparisons across that break are restricted.
- The selected extraction and targeted annual tables do not support a consistent five-period mine production, sales or unit-cost series. The 2025 Hualilan toll phase was in development in the annual report.
- Source statement dashes and lines absent from an annual statement are identified cell by cell; they are not converted to fabricated zero amounts.
- FX and derivative fair-value movements change presentation between other income and separate losses; the combined signed rows identify that boundary. Earlier one-off transaction cells marked Not applicable do not assert zero broader activity.
Annual-report source registry
- Challenger Gold Limited, Annual Report to shareholdersBalance date 2021-06-30; report dated 2021-10-27.
- Challenger Gold Limited, Annual Report to shareholdersBalance date 2022-12-31; report dated 2023-04-28.
- Challenger Gold Limited, Annual Report to shareholdersBalance date 2023-12-31; report dated 2024-04-30.
- Challenger Gold Limited, Annual Report to ShareholdersBalance date 2024-12-31; report dated 2025-04-30.
- Challenger Gold Limited, Annual Report to ShareholdersBalance date 2025-12-31; report dated 2026-04-30.
Prepared from the existing annual extraction datasets, supplemented only by selected same-company annual-report tables and saved row interpretations. No new raw-document extraction or web financial research was used for this test.
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