FY2021
Robe Mesa feasibility study funded
CZR approved a $5 million Definitive Feasibility Study budget for Robe Mesa in June 2021.
ASX: CZR · Five-year financial review
CZR Resources Ltd (ASX: CZR) - Five-Year Financial Review FY2021-FY2025
A financial review of CZR's exploration and development period, using Australian-dollar statutory statements and the actual June year ends. The FY2024 proposed disposal and FY2025 transaction reversal materially affect comparisons.
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.
FY2025 after-tax result
AUD (18.81m)
Statutory loss, including reversal of the prior tax benefit.
FY2025 closing cash
AUD 0.19m
At 30 June 2025; excludes the later sale settlement.
FY2025 net assets
AUD 8.87m
At 30 June 2025.
Five years in context
CZR was a mineral explorer and developer during the five reporting years. Robe Mesa study and transaction activity dominated the period; statutory profit in FY2024 reflected a tax benefit associated with the proposed disposal, which reversed in FY2025 after that transaction ended.
All five annual statements are for years ended 30 June and are presented in Australian dollars. The 1:17 share consolidation completed in December 2022 limits direct comparison of per-share figures and share counts across that date. The Robe Mesa tenement sale settled after the FY2025 balance date; its settlement proceeds are outside FY2025 cash flow and financial position.
Events behind the numbers
FY2022
Resource update
A June 2022 Robe Mesa resource update reported 37.5 Mt at 56% Fe, using a 55% Fe cut-off.
FY2023
Capital structure reset
A 1:17 share consolidation took effect in December 2022; the rights issue and shortfall placement supported the development program.
FY2024
Proposed sale and tax recognition
The proposed Robe Mesa transaction brought a $1 million exclusivity fee and a $14.89 million income tax benefit into the year's accounts.
FY2025
Transaction change; later settlement
After termination of the Miracle Iron transaction, the prior tax benefit reversed. The replacement RRJV sale settled on 9 September 2025, after year end.
FINANCIAL REVIEW / 01
Statutory performance
The FY2024 result includes a tax benefit tied to the proposed Robe Mesa disposal. Its reversal in FY2025 explains much of the subsequent statutory loss; the pre-tax line shows the operating and transaction cost burden separately.
Exploration expense eased after completion of the Robe Mesa DFS. FY2025 also includes corporate transaction costs associated with the Fenix and RRJV transactions.
Pre-tax and after-tax result
AUD
(Loss) before income taxNet profit / (loss) after tax
AI-generated presentation · values from Consolidated statutory result; no missing values plotted as zero.
Exploration expense
AUD
Exploration costs (expensed)
AI-generated presentation · values from Named expense components; no missing values plotted as zero.
Consolidated statutory result
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Other income | 13,051 | 899 | 105,860 | 1,040,761 | 674,935 |
| (Loss) before income tax | (3,980,087) | (5,804,791) | (7,107,858) | (4,395,119) | (3,917,813) |
| Income tax benefit / (expense) | 0 (nil) | 0 (nil) | 0 (nil) | 14,889,690 | (14,889,690) |
| Net profit / (loss) after tax | (3,980,087) | (5,804,791) | (7,107,858) | 10,494,571 | (18,807,503) |
| Basic (loss) / profit per sharecents per share | (0.14) | (0.17) | (3.21) | 4.45 | (7.95) |
| Diluted (loss) / profit per sharecents per share | (0.14) | (0.17) | (3.21) | 4.33 | Not applicable (reported) |
AUD except per-share rows, which are cents per share. Parentheses denote losses or expenses.
FY2021-FY2022 per-share figures precede the December 2022 1:17 share consolidation; they are not adjusted into a common share base.
Basis and presentation notes (4)
- Income tax benefit / (expense) / FY2021 — 0 (nil): R000661 is a reported_nil observation for this exact FY2021 statement line and basis.
- Income tax benefit / (expense) / FY2022 — 0 (nil): R001619 is a reported_nil observation for this exact FY2022 statement line and basis.
- Income tax benefit / (expense) / FY2023 — 0 (nil): R002503 is a reported_nil observation for this exact FY2023 statement line and basis.
- Diluted (loss) / profit per share / FY2025 — Not applicable (reported): R004161 explicitly reports diluted loss per share as N/A for the FY2025 loss period; no value is inferred from basic EPS.
Source: CZR Resources annual reports; current-year consolidated statement columns, unless noted.
Named expense components
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Exploration costs (expensed) | (2,948,600) | (4,679,661) | (5,491,181) | (2,628,584) | (1,913,024) |
| Share based payment expense | (75,026) | (122,840) | (542,594) | (1,553,362) | (108,723) |
| Compliance and professional fees | (458,125) | (504,929) | (502,826) | (557,312) | (477,318) |
| Corporate transactions costs | Not separately presented | Not separately presented | Not separately presented | Not separately presented | (1,285,440) |
| Directors' fees | (259,656) | (175,405) | (139,156) | (338,488) | (144,506) |
| Occupancy expenses | (35,386) | (63,824) | (77,070) | (80,035) | (83,013) |
| Administration expenses | (137,977) | (244,936) | (154,811) | (239,051) | (280,160) |
| Depreciation and amortisation | (11,148) | (14,095) | (20,111) | (17,618) | (10,152) |
| Share of loss of joint ventures (equity method) | Not separately presented | Not separately presented | Not separately presented | (11,215) | (95,741) |
| Capitalised exploration and evaluation expenditure impaired | 0 (nil) | 0 (nil) | (285,249) | 0 (nil) | Not separately presented |
| Finance costs / net finance charge (issuer line; basis changes) | (32,105) | 0 (nil) | 0 (nil) | (10,000) | (194,671) |
Reported expense signs retained. A not separately presented line is not a zero amount.
FY2021–FY2023 source statements use a net finance charge/(benefit) line; FY2024–FY2025 present finance costs. The basis change is explicit, so gross costs are not inferred for the earlier nil years. FY2022 exploration impairment uses its own asset-note fact, not the finance-line pointer.
Basis and presentation notes (13)
- Corporate transactions costs / FY2021 — Not separately presented: Selected FY2021 primary statement 01a066e9-beb3-7cf9-b5b0-3b56f125290e has no separately reported 'Corporate transactions costs' line; this does not establish nil or inclusion in another line.
- Corporate transactions costs / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5b9a-7db9-bd4a-bb0d237fd393 has no separately reported 'Corporate transactions costs' line; this does not establish nil or inclusion in another line.
- Corporate transactions costs / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4017-746c-9460-531d22bf6374 has no separately reported 'Corporate transactions costs' line; this does not establish nil or inclusion in another line.
- Corporate transactions costs / FY2024 — Not separately presented: The cited FY2025 statement shows a dash in its FY2024 comparative for this line, but the original FY2024 current-year statement did not separately present corporate transaction costs; no original-basis zero is inferred.
- Share of loss of joint ventures (equity method) / FY2021 — Not separately presented: Selected FY2021 primary statement 01a066e9-beb3-7cf9-b5b0-3b56f125290e has no separately reported 'Share of loss of joint ventures (equity method)' line; this does not establish nil or inclusion in another line.
- Share of loss of joint ventures (equity method) / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5b9a-7db9-bd4a-bb0d237fd393 has no separately reported 'Share of loss of joint ventures (equity method)' line; this does not establish nil or inclusion in another line.
- Share of loss of joint ventures (equity method) / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4017-746c-9460-531d22bf6374 has no separately reported 'Share of loss of joint ventures (equity method)' line; this does not establish nil or inclusion in another line.
- Capitalised exploration and evaluation expenditure impaired / FY2021 — 0 (nil): R000657 is a reported_nil observation for this exact FY2021 statement line and basis.
- Capitalised exploration and evaluation expenditure impaired / FY2022 — 0 (nil): R001615 describes net finance, so it is removed from this cell. R001565 explicitly records zero FY2022 exploration impairment in the corresponding asset note.
- Capitalised exploration and evaluation expenditure impaired / FY2024 — 0 (nil): R003433 is a reported_nil observation for this exact FY2024 statement line and basis.
- Capitalised exploration and evaluation expenditure impaired / FY2025 — Not separately presented: Selected FY2025 primary statement 01a066f4-6992-77f9-bbea-bb9740cfe67c has no separately reported 'Capitalised exploration and evaluation expenditure impaired' line; this does not establish nil or inclusion in another line.
- Finance costs / net finance charge (issuer line; basis changes) / FY2022 — 0 (nil): R001465 records the matching FY2022 line as nil/zero in the selected annual extraction; the existing selected statement row corroborates its period and category.
- Finance costs / net finance charge (issuer line; basis changes) / FY2023 — 0 (nil): R002483 is a reported_nil observation for this exact FY2023 statement line and basis.
Source: CZR Resources annual reports; current-year consolidated statement columns, unless noted.
FINANCIAL REVIEW / 02
Financial position and liquidity
The held-for-sale classification and tax balances reshape the FY2024 and FY2025 asset and liability totals. The FY2025 current borrowings and liabilities linked to held-for-sale assets are separate obligations; both are shown below.
Cash and net assets
AUD
Cash and cash equivalentsNet assets
AI-generated presentation · values from Consolidated statement of financial position; no missing values plotted as zero.
Consolidated statement of financial position
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 5,117,356 | 3,120,947 | 2,169,445 | 588,832 | 187,906 |
| Trade and other receivables | 135,598 | 97,313 | 164,034 | 84,185 | 99,895 |
| Assets of disposal group held for sale | Not applicable | Not applicable | Not applicable | 9,493,707 | 9,247,201 |
| Total current assets | 5,252,954 | 3,218,260 | 2,333,479 | 10,166,724 | 9,535,002 |
| Investments accounted for using the equity method | Not separately presented | Not separately presented | Not separately presented | Not separately presented | 23,544 |
| Property, plant and equipment | 36,167 | 58,292 | 37,461 | 21,364 | 4,332 |
| Exploration assets | 13,479,037 | 13,499,466 | 14,061,375 | 4,632,475 | 4,821,054 |
| Deferred tax asset | Not separately presented | Not separately presented | Not separately presented | 27,822,157 | 0 (nil) |
| Total non-current assets | 13,515,204 | 13,557,758 | 14,098,836 | 32,475,996 | 4,848,930 |
| Total assets | 18,768,158 | 16,776,018 | 16,432,315 | 42,642,720 | 14,383,932 |
| Trade and other payables | 324,204 | 752,593 | 855,994 | 1,072,115 | 1,066,625 |
| Current borrowings | 0 (nil) | Not separately presented | Not separately presented | Not separately presented | 1,500,000 |
| Current provisions | 21,047 | 22,574 | 49,147 | 64,159 | 80,432 |
| Liabilities directly associated with held-for-sale assets | Not applicable | Not applicable | Not applicable | 991,670 | 2,850,000 |
| Current income tax payable | Not separately presented | Not separately presented | Not separately presented | 12,548,282 | 0 (nil) |
| Total current liabilities | 345,251 | 775,167 | 905,141 | 14,676,226 | 5,497,057 |
| Working capital | 4,907,703 | 2,443,093 | 1,428,338 | (4,509,502) | 4,037,945 |
| Non-current provisions | 948 | 587 | 4,430 | 11,632 | 14,961 |
| Deferred tax liability | Not separately presented | Not separately presented | Not separately presented | 384,185 | 0 (nil) |
| Total non-current liabilities | 948 | 587 | 4,430 | 395,817 | 14,961 |
| Total liabilities | 346,199 | 775,754 | 909,571 | 15,072,043 | 5,512,018 |
| Net assets | 18,421,959 | 16,000,264 | 15,522,744 | 27,570,677 | 8,871,914 |
| Contributed equity | 42,557,388 | 45,817,644 | 51,905,388 | 51,905,388 | 51,905,405 |
| Reserves | 3,821,842 | 3,944,682 | 4,487,276 | 6,040,638 | 6,149,361 |
| Accumulated losses | (27,957,271) | (33,762,062) | (40,869,920) | (30,375,349) | (49,182,852) |
| Total equity | 18,421,959 | 16,000,264 | 15,522,744 | 27,570,677 | 8,871,914 |
AUD at 30 June each year. Blank line items in an earlier statement are shown as not separately presented, rather than nil.
The FY2025 held-for-sale liability is AUD 2,850,000; its FY2024 comparative is AUD 991,670. Deferred tax asset and liability are separate rows.
The FY2025 deferred-tax asset, income-tax payable and deferred-tax liability dashes are displayed as nil only after same-statement section totals reconcile to the other named components; calculation locators are retained in evidence.
Basis and presentation notes (26)
- Assets of disposal group held for sale / FY2021 — Not applicable: The Robe Mesa disposal group held-for-sale presentation begins in FY2024; that specific disposal group did not apply to FY2021.
- Assets of disposal group held for sale / FY2022 — Not applicable: The Robe Mesa disposal group held-for-sale presentation begins in FY2024; that specific disposal group did not apply to FY2022.
- Assets of disposal group held for sale / FY2023 — Not applicable: The Robe Mesa disposal group held-for-sale presentation begins in FY2024; that specific disposal group did not apply to FY2023.
- Investments accounted for using the equity method / FY2021 — Not separately presented: Selected FY2021 primary statement 01a066e9-beb9-7991-b049-371c436e4d39 has no separately reported 'Investments accounted for using the equity method' line; this does not establish nil or inclusion in another line.
- Investments accounted for using the equity method / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5ba0-7060-afd7-5321811bbc0e has no separately reported 'Investments accounted for using the equity method' line; this does not establish nil or inclusion in another line.
- Investments accounted for using the equity method / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4083-7b51-8965-1a2ec3fe1013 has no separately reported 'Investments accounted for using the equity method' line; this does not establish nil or inclusion in another line.
- Investments accounted for using the equity method / FY2024 — Not separately presented: Selected FY2024 primary statement 01a066f0-8cc3-7c32-8c25-47badce5f311 has no separately reported 'Investments accounted for using the equity method' line; this does not establish nil or inclusion in another line.
- Deferred tax asset / FY2021 — Not separately presented: Selected FY2021 primary statement 01a066e9-beb9-7991-b049-371c436e4d39 has no separately reported 'Deferred tax asset' line; this does not establish nil or inclusion in another line.
- Deferred tax asset / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5ba0-7060-afd7-5321811bbc0e has no separately reported 'Deferred tax asset' line; this does not establish nil or inclusion in another line.
- Deferred tax asset / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4083-7b51-8965-1a2ec3fe1013 has no separately reported 'Deferred tax asset' line; this does not establish nil or inclusion in another line.
- Deferred tax asset / FY2025 — 0 (nil): The named FY2025 row is a dash, and same-statement total less all other listed components is zero; exact calculation and inputs are in CALC-CZR-deferred-tax-asset-FY2025-NIL.
- Current borrowings / FY2021 — 0 (nil): R000681 records the matching FY2021 line as nil/zero in the selected annual extraction; the existing selected statement row corroborates its period and category.
- Current borrowings / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5ba0-7060-afd7-5321811bbc0e has no separately reported 'Current borrowings' line; this does not establish nil or inclusion in another line.
- Current borrowings / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4083-7b51-8965-1a2ec3fe1013 has no separately reported 'Current borrowings' line; this does not establish nil or inclusion in another line.
- Current borrowings / FY2024 — Not separately presented: Selected FY2024 primary statement 01a066f0-8cc3-7c32-8c25-47badce5f311 has no separately reported 'Current borrowings' line; this does not establish nil or inclusion in another line.
- Liabilities directly associated with held-for-sale assets / FY2021 — Not applicable: The Robe Mesa disposal group held-for-sale presentation begins in FY2024; that specific disposal group did not apply to FY2021.
- Liabilities directly associated with held-for-sale assets / FY2022 — Not applicable: The Robe Mesa disposal group held-for-sale presentation begins in FY2024; that specific disposal group did not apply to FY2022.
- Liabilities directly associated with held-for-sale assets / FY2023 — Not applicable: The Robe Mesa disposal group held-for-sale presentation begins in FY2024; that specific disposal group did not apply to FY2023.
- Current income tax payable / FY2021 — Not separately presented: Selected FY2021 primary statement 01a066e9-beb9-7991-b049-371c436e4d39 has no separately reported 'Current income tax payable' line; this does not establish nil or inclusion in another line.
- Current income tax payable / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5ba0-7060-afd7-5321811bbc0e has no separately reported 'Current income tax payable' line; this does not establish nil or inclusion in another line.
- Current income tax payable / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4083-7b51-8965-1a2ec3fe1013 has no separately reported 'Current income tax payable' line; this does not establish nil or inclusion in another line.
- Current income tax payable / FY2025 — 0 (nil): The named FY2025 row is a dash, and same-statement total less all other listed components is zero; exact calculation and inputs are in CALC-CZR-tax-payable-FY2025-NIL.
- Deferred tax liability / FY2021 — Not separately presented: Selected FY2021 primary statement 01a066e9-beb9-7991-b049-371c436e4d39 has no separately reported 'Deferred tax liability' line; this does not establish nil or inclusion in another line.
- Deferred tax liability / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5ba0-7060-afd7-5321811bbc0e has no separately reported 'Deferred tax liability' line; this does not establish nil or inclusion in another line.
- Deferred tax liability / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4083-7b51-8965-1a2ec3fe1013 has no separately reported 'Deferred tax liability' line; this does not establish nil or inclusion in another line.
- Deferred tax liability / FY2025 — 0 (nil): The named FY2025 row is a dash, and same-statement total less all other listed components is zero; exact calculation and inputs are in CALC-CZR-deferred-tax-liability-FY2025-NIL.
Source: CZR Resources annual reports; current-year consolidated statement columns, unless noted.
FINANCIAL REVIEW / 03
Cash flows and funding
Operating cash use stayed material throughout the period. Cash raised from ordinary shares funded FY2021-FY2023 deficits; borrowing proceeds became the main financing inflow in FY2024-FY2025. Robe Mesa exclusivity receipts and the Fenix break fee are shown in investing cash flow as classified in the annual statements.
Operating and financing cash flow
AUD
Net operating cash flowNet financing cash flow
AI-generated presentation · values from Cash-flow bridge; no missing values plotted as zero.
Cash-flow bridge
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Opening cash and cash equivalents | 4,646,115 | 5,117,356 | 3,120,947 | 2,169,445 | 588,832 |
| Net operating cash flow | (3,875,314) | (5,163,879) | (6,225,422) | (3,461,189) | (3,679,273) |
| Net investing cash flow | (43,145) | (56,649) | (155,000) | 888,906 | (80,000) |
| Net financing cash flow | 4,389,700 | 3,224,119 | 5,428,920 | 991,670 | 3,358,347 |
| Net change in cash and cash equivalents | 471,241 | (1,996,409) | (951,502) | (1,580,613) | (400,926) |
| Closing cash and cash equivalents | 5,117,356 | 3,120,947 | 2,169,445 | 588,832 | 187,906 |
Source: CZR Resources annual reports; current-year consolidated statement columns, unless noted.
Operating cash components
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Cash paid to suppliers and employees | (939,478) | (969,433) | (810,364) | (864,402) | (1,504,222) |
| Interest received | 513 | 899 | 66,545 | 39,969 | 21,246 |
| Other income received | 12,538 | 0 (nil) | 39,315 | 792 | 3,689 |
| Payments for exploration expenditure | (2,948,887) | (4,195,345) | (5,520,918) | (2,637,548) | (2,159,628) |
| Interest paid | Not separately presented | Not separately presented | Not separately presented | Not separately presented | (40,358) |
AUD; interest paid is separate from interest received. No earlier-year interest-paid line is inferred from a later-year amount.
Basis and presentation notes (5)
- Other income received / FY2022 — 0 (nil): R001429 records the matching FY2022 line as nil/zero in the selected annual extraction; the existing selected statement row corroborates its period and category.
- Interest paid / FY2021 — Not separately presented: Selected FY2021 primary statement 01a066e9-bebc-7d80-be3c-85bb331ff824 has no separately reported 'Interest paid' line; this does not establish nil or inclusion in another line.
- Interest paid / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5ba5-7b83-9daa-11bef8347b93 has no separately reported 'Interest paid' line; this does not establish nil or inclusion in another line.
- Interest paid / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4088-7cfa-9052-54123e7db1a2 has no separately reported 'Interest paid' line; this does not establish nil or inclusion in another line.
- Interest paid / FY2024 — Not separately presented: Selected FY2024 primary statement 01a066f0-8cc8-7d2f-952a-f5580e45abc8 has no separately reported 'Interest paid' line; this does not establish nil or inclusion in another line.
Source: CZR Resources annual reports; current-year consolidated statement columns, unless noted.
Investing cash components
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Payments for tenement acquisitions | Not separately presented | Not separately presented | (155,000) | (58,858) | 0 (nil) |
| Stamp duty on tenement acquisition | (35,115) | (20,429) | Not separately presented | Not separately presented | Not separately presented |
| Payments for investments | Not separately presented | Not separately presented | Not separately presented | (50,500) | (80,000) |
| Payments for property, plant and equipment | (8,030) | (36,220) | 0 (nil) | (1,986) | 0 (nil) |
| Proceeds from sale of property, plant and equipment | Not separately presented | Not separately presented | Not separately presented | 250 | 0 (nil) |
| Robe Mesa exclusivity fees received | Not applicable | Not applicable | Not applicable | 1,000,000 | 650,000 |
| Fenix transaction break fee paid | Not applicable | Not applicable | Not applicable | Not applicable | (650,000) |
AUD; PP&E cash payments are flows, not PP&E carrying values. The exclusivity receipt appears on a wrapped source row.
FY2021–FY2022 stamp-duty payments are narrower than later tenement-acquisition payments. They are retained as distinct rows; no combined comparable amount is imposed across the wording change.
Basis and presentation notes (22)
- Payments for tenement acquisitions / FY2021 — Not separately presented: Selected FY2021 primary statement 01a066e9-bebc-7d80-be3c-85bb331ff824 has no separately reported 'Payments for tenement acquisitions' line; this does not establish nil or inclusion in another line.
- Payments for tenement acquisitions / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5ba5-7b83-9daa-11bef8347b93 has no separately reported 'Payments for tenement acquisitions' line; this does not establish nil or inclusion in another line.
- Payments for tenement acquisitions / FY2025 — 0 (nil): R004052 records the matching FY2025 line as nil/zero in the selected annual extraction; the existing selected statement row corroborates its period and category.
- Stamp duty on tenement acquisition / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4088-7cfa-9052-54123e7db1a2 has no separately reported 'Stamp duty on tenement acquisition' line; this does not establish nil or inclusion in another line. Later statements use broader tenement-acquisition wording, so a stamp-duty component is not inferred from the total.
- Stamp duty on tenement acquisition / FY2024 — Not separately presented: Selected FY2024 primary statement 01a066f0-8cc8-7d2f-952a-f5580e45abc8 has no separately reported 'Stamp duty on tenement acquisition' line; this does not establish nil or inclusion in another line. Later statements use broader tenement-acquisition wording, so a stamp-duty component is not inferred from the total.
- Stamp duty on tenement acquisition / FY2025 — Not separately presented: Selected FY2025 primary statement 01a066f4-699c-74a4-a8bc-5dabf8972435 has no separately reported 'Stamp duty on tenement acquisition' line; this does not establish nil or inclusion in another line. Later statements use broader tenement-acquisition wording, so a stamp-duty component is not inferred from the total.
- Payments for investments / FY2021 — Not separately presented: Selected FY2021 primary statement 01a066e9-bebc-7d80-be3c-85bb331ff824 has no separately reported 'Payments for investments' line; this does not establish nil or inclusion in another line.
- Payments for investments / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5ba5-7b83-9daa-11bef8347b93 has no separately reported 'Payments for investments' line; this does not establish nil or inclusion in another line.
- Payments for investments / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4088-7cfa-9052-54123e7db1a2 has no separately reported 'Payments for investments' line; this does not establish nil or inclusion in another line.
- Payments for property, plant and equipment / FY2023 — 0 (nil): R002306 records the matching FY2023 line as nil/zero in the selected annual extraction; the existing selected statement row corroborates its period and category.
- Payments for property, plant and equipment / FY2025 — 0 (nil): R004054 records the matching FY2025 line as nil/zero in the selected annual extraction; the existing selected statement row corroborates its period and category.
- Proceeds from sale of property, plant and equipment / FY2021 — Not separately presented: Selected FY2021 primary statement 01a066e9-bebc-7d80-be3c-85bb331ff824 has no separately reported 'Proceeds from sale of property, plant and equipment' line; this does not establish nil or inclusion in another line.
- Proceeds from sale of property, plant and equipment / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5ba5-7b83-9daa-11bef8347b93 has no separately reported 'Proceeds from sale of property, plant and equipment' line; this does not establish nil or inclusion in another line.
- Proceeds from sale of property, plant and equipment / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4088-7cfa-9052-54123e7db1a2 has no separately reported 'Proceeds from sale of property, plant and equipment' line; this does not establish nil or inclusion in another line.
- Proceeds from sale of property, plant and equipment / FY2025 — 0 (nil): R004055 records the matching FY2025 line as nil/zero in the selected annual extraction; the existing selected statement row corroborates its period and category.
- Robe Mesa exclusivity fees received / FY2021 — Not applicable: The Robe Mesa exclusivity fee transaction appears in FY2024–FY2025; it did not apply to FY2021.
- Robe Mesa exclusivity fees received / FY2022 — Not applicable: The Robe Mesa exclusivity fee transaction appears in FY2024–FY2025; it did not apply to FY2022.
- Robe Mesa exclusivity fees received / FY2023 — Not applicable: The Robe Mesa exclusivity fee transaction appears in FY2024–FY2025; it did not apply to FY2023.
- Fenix transaction break fee paid / FY2021 — Not applicable: The Fenix transaction break fee is a specific FY2025 payment; it did not apply to FY2021.
- Fenix transaction break fee paid / FY2022 — Not applicable: The Fenix transaction break fee is a specific FY2025 payment; it did not apply to FY2022.
- Fenix transaction break fee paid / FY2023 — Not applicable: The Fenix transaction break fee is a specific FY2025 payment; it did not apply to FY2023.
- Fenix transaction break fee paid / FY2024 — Not applicable: The Fenix transaction break fee is a specific FY2025 payment; it did not apply to FY2024.
Source: CZR Resources annual reports; current-year consolidated statement columns, unless noted.
Financing cash components
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Proceeds from issue of ordinary shares | 4,702,000 | 3,283,000 | 5,581,682 | 0 (nil) | 17 |
| Payment of share issue costs | (312,300) | (58,881) | (152,762) | 0 (nil) | 0 (nil) |
| Proceeds from borrowings | 0 (nil) | Not separately presented | Not separately presented | 991,670 | 6,626,000 |
| Repayment of borrowings | Not separately presented | Not separately presented | Not separately presented | Not separately presented | (3,267,670) |
Basis and presentation notes (10)
- Proceeds from issue of ordinary shares / FY2024 — 0 (nil): R003353 records the matching FY2024 line as nil/zero in the selected annual extraction; the existing selected statement row corroborates its period and category.
- Payment of share issue costs / FY2024 — 0 (nil): R003354 records the matching FY2024 line as nil/zero in the selected annual extraction; the existing selected statement row corroborates its period and category.
- Payment of share issue costs / FY2025 — 0 (nil): R004060 records the matching FY2025 line as nil/zero in the selected annual extraction; the existing selected statement row corroborates its period and category.
- Proceeds from borrowings / FY2021 — 0 (nil): R000471 records the matching FY2021 line as nil/zero in the selected annual extraction; the existing selected statement row corroborates its period and category.
- Proceeds from borrowings / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5ba5-7b83-9daa-11bef8347b93 has no separately reported 'Proceeds from borrowings' line; this does not establish nil or inclusion in another line.
- Proceeds from borrowings / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4088-7cfa-9052-54123e7db1a2 has no separately reported 'Proceeds from borrowings' line; this does not establish nil or inclusion in another line.
- Repayment of borrowings / FY2021 — Not separately presented: Selected FY2021 primary statement 01a066e9-bebc-7d80-be3c-85bb331ff824 has no separately reported 'Repayment of borrowings' line; this does not establish nil or inclusion in another line.
- Repayment of borrowings / FY2022 — Not separately presented: Selected FY2022 primary statement 01a066f1-5ba5-7b83-9daa-11bef8347b93 has no separately reported 'Repayment of borrowings' line; this does not establish nil or inclusion in another line.
- Repayment of borrowings / FY2023 — Not separately presented: Selected FY2023 primary statement 01a066ee-4088-7cfa-9052-54123e7db1a2 has no separately reported 'Repayment of borrowings' line; this does not establish nil or inclusion in another line.
- Repayment of borrowings / FY2024 — Not separately presented: Selected FY2024 primary statement 01a066f0-8cc8-7d2f-952a-f5580e45abc8 has no separately reported 'Repayment of borrowings' line; this does not establish nil or inclusion in another line.
Source: CZR Resources annual reports; current-year consolidated statement columns, unless noted.
FINANCIAL REVIEW / 04
Shareholder returns and capital structure
No dividend was paid or declared in the five annual-report periods. The ordinary-share denominator changed substantially with the FY2023 consolidation, so EPS across that boundary needs care.
Dividends paid or declared
AUD
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Dividend | None paid, declared or recommended | None paid, declared or recommended | None paid, declared or recommended | None paid, declared or recommended | None paid, declared or recommended |
Nil is supported by issuer dividend statements; it does not imply all capital-return mechanisms were absent.
No-dividend statements are qualitative decisions covering paid, declared and recommended status; no numeric return amount is asserted.
Basis and presentation notes (5)
- Dividend / FY2021 — None paid, declared or recommended: R000003 explicitly states no dividend was paid or declared and none recommended for FY2021; this is status, not a cash amount.
- Dividend / FY2022 — None paid, declared or recommended: R001048 explicitly states no dividend was paid or declared and none recommended for FY2022; this is status, not a cash amount.
- Dividend / FY2023 — None paid, declared or recommended: R002035 explicitly states no dividend was paid or declared and none recommended for FY2023; this is status, not a cash amount.
- Dividend / FY2024 — None paid, declared or recommended: R003060 explicitly states no dividend was paid or declared and none recommended for FY2024; this is status, not a cash amount.
- Dividend / FY2025 — None paid, declared or recommended: R003980 explicitly states no dividend was paid or declared and none recommended for FY2025; this is status, not a cash amount.
Source: CZR Resources annual reports; current-year consolidated statement columns, unless noted.
Reading the figures
- Annual statement line items are shown on their own current-year basis. 'Not separately presented' means the selected primary statement has no distinct line; it is not a nil claim.
- FY2021-FY2022 EPS and share denominators precede the December 2022 1:17 capital consolidation and are not restated onto a common basis here.
- The September 2025 Robe Mesa settlement and receipt occurred after the FY2025 balance date and are excluded from FY2025 cash and cash flows.
- No issuer-defined non-IFRS underlying result is constructed from these annual records.
Annual-report source registry
- CZR Resources Ltd annual report 2021Year ended 2021-06-30; report dated 2021-09-23.
- CZR Resources Ltd annual report 2022Year ended 2022-06-30; report dated 2022-09-23.
- CZR Resources Ltd annual report 2023Year ended 2023-06-30; report dated 2023-09-22.
- CZR Resources Ltd annual report 2024Year ended 2024-06-30; report dated 2024-09-30.
- CZR Resources Ltd annual report 2025Year ended 2025-06-30; report dated 2025-09-25.
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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AI-led method
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