Cassius Mining’s five annual reports cover years ended 30 June 2021 through 30 June 2025. Figures are in Australian dollars where confirmed; FY2021 extracted financial tables use a $ header without an explicit currency declaration. The tables distinguish statutory results, asset balances, cash movements and share counts.
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.
Continuing operations; year ended 30 June 2025.
At 30 June 2025.
At 30 June 2025.
Net cash proceeds after issue costs.
Cassius remained focused on exploration projects rather than a disclosed production series. The statutory loss widened over the five years as investment impairment and exploration charges increased, while new equity funded operating and investing cash outflows. Year-end cash and net assets therefore reflect the timing of capital raisings as well as spending.
The annual reports include going-concern uncertainty and dependence on further funding. Balance-sheet exploration assets and exploration cash payments measure different things; impairment and write-offs further affect comparisons. The FY2025 revenue and EPS note contain small differences against their respective statutory lines, disclosed with the tables.
During FY2021 Cassius prepared the Soalara limestone drilling programme in Madagascar; permits remained pending. The proposed $425,000 placement included $275,000 raised from shares issued during the quarter. The cited FY2021 record uses $ without separately establishing the currency.
The August 2022 prospectus raising closed after the 30 June 2022 balance date. FY2022 cash flow records AUD 505,089 of exploration investing outflow and AUD 408,000 borrowing proceeds.
FY2023 financing included share issues and repayment of AUD 408,000 borrowings. The group closed June 2023 with AUD 1,453,725 cash.
The issuer reported a January 2024 AUD 1.3 million raise for exploration and working capital. The annual accounts recorded an AUD 1,057,462 investment impairment.
The FY2025 accounts record AUD 692,796 of exploration expenditure written off and AUD 1,532,317 of gross share capital issued before AUD 24,000 issue costs.
The statutory loss widened during the five years. FY2025 included an impairment of investment and exploration expenditure charged to profit or loss; capitalised exploration is shown separately below. The FY2025 revenue line in the profit or loss statement differs by AUD 3 from the Note 2/segment disaggregation, so the statutory line is retained in the income table.
The FY2025 EPS note shows a loss numerator of AUD 2,961,732, one dollar lower than the statutory loss line. The difference is retained without an invented adjustment.
AUD
AI-generated presentation · values from Consolidated profit or loss and comprehensive income; no missing values plotted as zero.
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 104,023 | 11 | 2,615 | 10,113 | 103,023 |
| Exploration expenditure | (85,240) | (83,408) | (11,057) | (76,466) | (692,796) |
| Impairment of investment | 0 (nil) | 0 (nil) | (497,021) | (1,057,462) | (2,034,488) |
| Share based payments | not separately presented | not separately presented | 0 (nil) | (24,660) | 0 (nil) |
| Operating expenses | (249,253) | (278,487) | (278,197) | (358,174) | (337,472) |
| Profit/(Loss) before income tax | (230,470) | (361,884) | (783,660) | (1,506,649) | (2,961,733) |
| Income tax expense | 0 (nil) | 0 (nil) | 0 (nil) | 0 (nil) | 0 (nil) |
| Net Profit/(Loss) from continuing operations | (230,470) | (361,884) | (783,660) | (1,506,649) | (2,961,733) |
| Other comprehensive income, net of tax | 0 (nil) | 0 (nil) | 0 (nil) | 0 (nil) | 0 (nil) |
| Total comprehensive income attributable to members of parent entity | (230,470) | (361,884) | (783,660) | (1,506,649) | (2,961,733) |
AUD, except where the FY2021 extraction records the source header only as $. Expenses and losses retain negative signs. Continuing operations.
FY2025 statutory revenue is AUD 103,023; Note 2 disaggregation reports AUD 103,026. This unresolved AUD 3 source difference is preserved.
FY2021 source financial rows use $ without a separately confirmed currency; no currency conversion is applied.
Source: Cassius Mining annual reports FY2021–FY2025; exact internal row provenance retained in the evidence file.
Mixed: cents per share and shares
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Basic loss per shareAUD | (0.08) | (0.12) | (0.19) | (0.29) | (0.5) |
| Diluted loss per shareAUD | (0.08) | (0.12) | (0.19) | (0.29) | (0.5) |
| Weighted average ordinary shares (basic EPS denominator)AUD | 288,602,554 | 314,548,611 | 402,363,588 | 515,652,255 | 594,514,589 |
| Weighted average ordinary shares (diluted EPS denominator)AUD | 288,602,554 | 314,548,611 | 402,363,588 | 515,652,255 | 594,514,589 |
FY2025 weighted average share denominators were recovered from the selected annual EPS table.
The FY2025 EPS note uses AUD 2,961,732 for its numerator; the statutory profit or loss shows AUD 2,961,733. The difference is not silently reconciled.
FY2021 source financial rows use $ without a separately confirmed currency; no currency conversion is applied.
Source: Cassius Mining annual reports FY2021–FY2025; exact internal row provenance retained in the evidence file.
At 30 June 2025, the group reported AUD 243,819 cash, AUD 412,431 current liabilities and AUD 1,454,096 capitalised exploration expenditure. The FY2025 full statement of financial position was recovered from the selected annual DB table; it also corrects the earlier draft’s missing cash and misassigned equity component values.
AUD
AI-generated presentation · values from Consolidated statement of financial position; no missing values plotted as zero.
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 234,688 | 94,811 | 1,453,725 | 608,856 | 243,819 |
| Trade and other receivables (current) | 10,247 | 6,722 | 38,819 | 316,055 | 161,448 |
| Total current assets | 244,935 | 101,533 | 1,492,544 | 924,911 | 405,267 |
| Exploration and evaluation expenditure (non-current) | 917,456 | 1,422,545 | 1,982,674 | 2,080,416 | 1,454,096 |
| Total non-current assets | 917,456 | 1,422,545 | 1,982,674 | 2,080,416 | 1,454,096 |
| Total assets | 1,162,391 | 1,524,078 | 3,475,218 | 3,005,327 | 1,859,363 |
| Trade and other payables (current) | 134,244 | 69,820 | 418,585 | 104,979 | 412,431 |
| Borrowings (current) | 0 (nil) | 408,000 | 0 (nil) | 0 (nil) | 0 |
| Total current liabilities | 134,244 | 477,820 | 418,585 | 104,979 | 412,431 |
| Trade and other payables (non-current) | 0 (nil) | 118,800 | 0 (nil) | 0 (nil) | 0 |
| Total non-current liabilities | 0 (nil) | 118,800 | 0 (nil) | 0 (nil) | 0 |
| Total liabilities | 134,244 | 596,620 | 418,585 | 104,979 | 412,431 |
| Net assets | 1,028,147 | 927,458 | 3,056,633 | 2,900,348 | 1,446,932 |
Closing balances at each 30 June; AUD. FY2025 cells recovered from the selected 2025 balance sheet table.
FY2021 source financial rows use $ without a separately confirmed currency; no currency conversion is applied.
Source: Cassius Mining annual reports FY2021–FY2025; exact internal row provenance retained in the evidence file.
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Issued capital | 45,711,946 | 45,973,141 | 48,765,676 | 50,081,380 | 51,589,697 |
| Reserves | 0 (nil) | 0 (nil) | 120,300 | 154,960 | 154,960 |
| Accumulated losses | (44,683,799) | (45,045,683) | (45,829,343) | (47,335,992) | (50,297,725) |
| Total equity | 1,028,147 | 927,458 | 3,056,633 | 2,900,348 | 1,446,932 |
Closing balances at each 30 June; AUD. FY2025 reserves and accumulated losses come from the specific lines of the selected balance sheet.
FY2021 source financial rows use $ without a separately confirmed currency; no currency conversion is applied.
Source: Cassius Mining annual reports FY2021–FY2025; exact internal row provenance retained in the evidence file.
Operating cash outflow increased sharply in FY2024 and FY2025. Share and option issue proceeds financed the group while investing cash outflow was predominantly exploration expenditure. FY2025 capitalised exploration also fell after an expenditure write-off; the asset roll-forward and cash payments are different measures.
AUD
AI-generated presentation · values from Consolidated cash flow statement; no missing values plotted as zero.
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Interest received | 23 | 11 | 2,615 | 10,113 | 3,026 |
| Option fee | not separately presented | not separately presented | not separately presented | not separately presented | 100,000 |
| Payments to suppliers and employees | (139,186) | (303,994) | (91,386) | (1,025,482) | (1,909,904) |
| Net cash from (used in) operating activities | (139,163) | (303,983) | (88,771) | (1,015,369) | (1,806,878) |
| Exploration expenditure (investing outflow) | not separately presented | (505,089) | (1,057,150) | (1,155,204) | (66,476) |
| Net cash from (used in) investing activities | 0 (nil) | (505,089) | (1,057,150) | (1,155,204) | (66,476) |
| Proceeds from share and option issues (net of expenses) | 275,000 | 261,195 | 2,912,835 | 1,325,704 | 1,508,317 |
| Borrowings | not separately presented | 408,000 | (408,000) | 0 (nil) | 0 (nil) |
| Net cash from (used in) financing activities | 275,000 | 669,195 | 2,504,835 | 1,325,704 | 1,508,317 |
| Net increase/(decrease) in cash held | 135,837 | (139,877) | 1,358,914 | (844,869) | (365,037) |
| Cash at beginning of the year | 98,851 | 234,688 | 94,811 | 1,453,725 | 608,856 |
| Cash at end of the year | 234,688 | 94,811 | 1,453,725 | 608,856 | 243,819 |
AUD; positive inflows and negative outflows. The option fee is separately shown only in the FY2025 cash-flow statement.
The FY2023 and FY2024 exploration cash outflows exceed additions to the capitalised exploration balance; no balancing allocation is invented.
FY2021 source financial rows use $ without a separately confirmed currency; no currency conversion is applied.
Source: Cassius Mining annual reports FY2021–FY2025; exact internal row provenance retained in the evidence file.
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| E&E – Opening balance (Note 6) | 917,456 | 917,456 | 1,422,545 | 1,982,674 | 2,080,416 |
| E&E – Expenditure incurred (Note 6) | 0 (nil) | 505,089 | 560,129 | 97,742 | 66,476 |
| E&E – Expenditure written off (Note 6) | 0 (nil) | not separately presented | not separately presented | not separately presented | (692,796) |
| E&E – Closing balance (Note 6) | 917,456 | 1,422,545 | 1,982,674 | 2,080,416 | 1,454,096 |
AUD; asset carrying amount, not cash expenditure. A separately stated write-off is retained for FY2025.
FY2021 source financial rows use $ without a separately confirmed currency; no currency conversion is applied.
Source: Cassius Mining annual reports FY2021–FY2025; exact internal row provenance retained in the evidence file.
The group relied on new share capital across the period. The FY2025 statement of changes in equity reports AUD 1,532,317 of share capital issued and AUD 24,000 of issue costs; the cash-flow statement presents AUD 1,508,317 of net issue proceeds. Ordinary shares outstanding increased as capital was raised.
shares
AI-generated presentation · values from Ordinary shares on issue; no missing values plotted as zero.
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Issue of share capital (period movement) | 275,000 | 261,195 | 2,912,835 | 1,400,000 | 1,532,317 |
| Broker-option transfer from issued capital to reserves | not separately presented | not separately presented | (120,300) | (10,000) | not separately presented |
| Share issue expenses / costs (issuer-reported) | not separately presented | not separately presented | (78,684) | (74,296) | (24,000) |
| Issued capital (closing) | 45,711,946 | 45,973,141 | 48,765,676 | 50,081,380 | 51,589,697 |
| Reserves (closing) | 0 (nil) | 0 (nil) | 120,300 | 154,960 | 154,960 |
| Accumulated losses (closing) | (44,683,799) | (45,045,683) | (45,829,343) | (47,335,992) | (50,297,725) |
| Total equity (closing) | 1,028,147 | 927,458 | 3,056,633 | 2,900,348 | 1,446,932 |
AUD. Issue of share capital is a gross equity movement; issue costs are separately negative. Do not treat either as dividends.
FY2021 and FY2022 issue costs were not separately represented in the selected extraction and are marked accordingly.
FY2021 source financial rows use $ without a separately confirmed currency; no currency conversion is applied.
FY2023 share issue expenses appear in a separate note, while the statement of changes in equity includes a broker-option transfer of AUD 120,300; do not subtract the expense a second time from the displayed issued-capital movement.
The FY2024 broker-option transfer reduces issued capital by 10,000 and increases reserves by 10,000, leaving total equity unchanged; this is distinct from share issue costs.
Source: Cassius Mining annual reports FY2021–FY2025; exact internal row provenance retained in the evidence file.
Cassius was an exploration company during the period. The segment note presents a consolidated continuing-operations loss and geographic asset balances; it does not provide a comparable five-year production or unit-cost series. FY2025 African assets match the capitalised exploration carrying amount.
AUD
AI-generated presentation · values from Geographic assets; no missing values plotted as zero.
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue from external customers — Total Consolidated Group | 0 (nil) | 0 (nil) | 0 (nil) | 0 (nil) | 0 (nil) |
| Interest & other revenue — Total Consolidated Group | 104,023 | 11 | 2,615 | 10,113 | 103,026 |
| Segment profit/(loss) before income tax — Mineral Exploration | 0 (nil) | 0 (nil) | 0 (nil) | 0 (nil) | 0 (nil) |
| Segment profit/(loss) before income tax — Unallocated | (230,470) | (361,884) | (783,660) | (1,506,649) | (2,961,733) |
| Segment profit/(loss) before income tax — Total Consolidated Group | (230,470) | (361,884) | (783,660) | (1,506,649) | (2,961,733) |
| Loss before tax from continuing operations | (230,470) | (361,884) | (783,660) | (1,506,649) | (2,961,733) |
The selected FY2021–FY2025 segment rows consistently show the loss in Unallocated and a dash in Mineral Exploration; consolidated totals are presented separately.
The FY2025 inter-segment elimination is a dash in the underlying table; it is not the consolidated loss.
FY2021 source financial rows use $ without a separately confirmed currency; no currency conversion is applied.
Source: Cassius Mining annual reports FY2021–FY2025; exact internal row provenance retained in the evidence file.
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Australia (geographical) | 244,935 | 101,533 | 1,492,544 | 924,911 | 405,267 |
| Africa (geographical) | 917,456 | 1,422,545 | 1,982,674 | 2,080,416 | 1,454,096 |
| Total assets (geographical total / consolidated) | 1,162,391 | 1,524,078 | 3,475,218 | 3,005,327 | 1,859,363 |
AUD, closing at 30 June. Geographic and reportable-segment classifications differ and are not summed together.
FY2021 source financial rows use $ without a separately confirmed currency; no currency conversion is applied.
Source: Cassius Mining annual reports FY2021–FY2025; exact internal row provenance retained in the evidence file.
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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