FY2021
Debt-backed expansion
Borrowing proceeds were a major component of the year’s financing inflow.
ASX: DTR · Five-year financial review
(ASX: DTR) Dateline Resources Financial Review - FY2021~25
Dateline’s FY2021-FY2025 finances span Colorado development and disposal, a focus on Colosseum and renewed equity funding. The latest cash recovery is financing-led; study economics are future scenarios, not the company’s recorded sales or profit.
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$8.945m
Before September capital raising.
Net loss
A$11.729m
Reported annual loss.
Net financing
A$14.026m
Annual financing inflow.
Liabilities
A$4.376m
Includes current loans.
Five years in context
The Colorado sale agreement was signed in June 2023, but ownership transferred in December 2023. The final cash instalment followed in April 2024; production-linked consideration is conditional, not cash already received.
Colosseum scoping-study revenues and project economics depend on assumptions. This financial review keeps them outside statutory revenues, cash balances and realised earnings.
Events behind the numbers
FY2022
Higher operating and project spending
Operating and investing outflows drew down cash despite substantial financing.
FY2023
Colorado sale agreement
The sale agreement was signed before year-end, with ownership transfer still to follow in December.
FY2024
Transfer and disposal accounting
Colorado ownership transferred and final cash consideration was paid; the statement records a large disposal loss.
FY2025
Option funding and Udu divestment
Option conversions supported cash. Udu consideration includes contingent amounts that are not all cash received.
FINANCIAL REVIEW / 01
Cash recovery is not operating break-even
Cash rose after financing, while operations continued to use cash. The September A$25m raising is subsequent to June and is not added to the balance-date amount.
Closing cash
A$ million
Cash and equivalents
AI-generated presentation · values from Consolidated cash and equity; no missing values plotted as zero.
Group equity
A$ million
Total equity
AI-generated presentation · values from Consolidated cash and equity; no missing values plotted as zero.
Consolidated cash and equity
A$ million
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Cash and equivalents | 7.092 | 1.936 | 0.929 | 0.849 | 8.945 |
| Total equity | 14.549 | 10.589 | 11.064 | 3.586 | 9.228 |
FY2022 equity is the revised comparative in the FY2023 statement. Parent-only equity is excluded. Portfolio disposals change the group scope.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
FINANCIAL REVIEW / 02
Disposals and funding change the comparison
The loss narrowed after the large FY2024 disposal charge, but FY2025 also included an exploration impairment. Two stored extracts disagree on its exact amount, so no precise impairment bridge is asserted.
Loss and operating cash
A$ million
Reported loss after taxNet operating cash flow
AI-generated presentation · values from Statutory loss and operating cash; no missing values plotted as zero.
Investment and funding flows
A$ million
Net investing cash flowNet financing cash flow
AI-generated presentation · values from Investing and financing cash; no missing values plotted as zero.
Statutory loss and operating cash
A$ million
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Reported loss after tax | (5.894) | (13.904) | (11.123) | (17.237) | (11.729) |
| Net operating cash flow | (2.313) | (10.942) | (13.717) | (5.644) | (5.274) |
FY2022 uses the FY2023 revised comparative. Series reflects the group as reported in each year, not a constant portfolio or unchanged production base.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
Investing and financing cash
A$ million
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Net investing cash flow | (1.924) | (9.116) | (1.746) | 1.295 | (0.656) |
| Net financing cash flow | 11.171 | 14.902 | 14.456 | 4.270 | 14.026 |
Financing combines equity and debt transactions. Positive FY2024 investing cash includes disposal proceeds; it is not mine operating revenue.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
FINANCIAL REVIEW / 03
Remaining obligations and conditional proceeds
Related-party and short-term liabilities remain despite the absence of long-term loans. The going-concern discussion depends on executing strategy and access to funding, and the auditor highlighted both funding and Fiji-tenement matters.
Liabilities and their current loan components
A$ million
Total liabilitiesCurrent related-party financial liabilitiesCurrent short-term loans
AI-generated presentation · values from Recent liability profile; no missing values plotted as zero.
Recent liability profile
A$ million
| Metric | FY2024 | FY2025 |
|---|---|---|
| Current related-party financial liabilities | 4.129 | 2.474 |
| Current short-term loans | 1.286 | 0.465 |
| Total liabilities | 6.443 | 4.376 |
Component loans are included in total liabilities. No long-term loans does not mean no debt: current loans and related-party liabilities remain.
Source: Annual-report extractions; report editions are listed once in the consolidated source registry.
Reading the figures
- FY2025 impairment differs between the extracted P&L A$4,646,792 and the Matai narrative A$4,676,792; exact amount remains unresolved.
- FY2022 comparative revisions and subsequent asset sales prevent a constant-portfolio interpretation.
- Udu milestones, Colorado contingent payments and Colosseum study revenues are not treated as received cash.
- 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
- Dateline Resources - Amended Annual ReportExisting annual extraction, including separately identified historical comparatives.
- Dateline Resources - Annual Report to shareholdersExisting annual extraction, including separately identified historical comparatives.
- Dateline Resources - Annual Report to shareholdersExisting annual extraction, including separately identified historical comparatives.
- Dateline Resources - Annual Report to shareholdersExisting annual extraction, including separately identified historical comparatives.
- Dateline Resources - Annual Report to shareholdersExisting 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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