AUSQUEST LIMITED ABN 35 091 542 451 FINANCIAL REPORT for the half-year 31 December 2024 AusQuest Limited Contents Corporate Directory................................................................................................................................... 1 Directors’ Report ....................................................................................................................................... 2 Auditor’s Independence Declaration......................................................................................................... 9 Independent Auditor’s Review Report .................................................................................................... 10 Directors’ Declaration.............................................................................................................................. 12 Financial Statements ................................................................................................................................... Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income ................................................................................... 13 Condensed Consolidated Statement of Financial Position ...................................................... 14 Condensed Consolidated Statement of Changes in Equity ....................................................... 15 Condensed Consolidated Statement of Cash Flows .................................................................. 16 Notes to the Consolidated Financial Statements ...................................................................... 17 AusQuest Limited CORPORATE DIRECTORY Board of Directors Mr Greg Hancock – Non-Executive Chairman Mr Graeme Drew - Managing Director Mr Chris Ellis - Non-Executive Director Company Secretary Mr Henko Vos Registered Office C/- Nexia Perth Level 3, 88 William Street Perth WA 6000 Telephone: +61 8 9463 2463 Website: www.nexia.com.au Corporate Office 8 Kearns Crescent Ardross WA 6153 Telephone: +61 8 9364 3866 Facsimile: +61 8 9364 4892 Website: www.ausquest.com.au Auditors HLB Mann Judd Level 4, 130 Stirling Street Perth WA 6000 Share Registry Automic Group Level 5, 191 St George Terrace Perth WA 6000 Investor Services: 1300 288 664 General Enquiries: +61 2 9698 5414 Website: www.automicgroup.com.au Securities Exchange Listing Australian Securities Exchange (Home Exchange: Perth, WA) Code: AQD Bankers Australian and New Zealand Bank 135 Riseley Street Booragoon WA 6154 AusQuest Limited | 1 DIRECTORS REPORT The Directors of AusQuest Limited (“AQD” or the “Company”) herewith submit the financial report of the Company and the entities it controlled (“Group”) for the half-year ended 31 December 2024. In order to comply with the provisions of the Corporations Act 2001, the directors report as follows: Board of Directors The names of directors who held office during the half-year and up to the date of this report are as follows. Directors were in office for the entire period unless otherwise stated. Mr Greg Hancock Mr Graeme Drew Mr Chris Ellis Non-Executive Chairman Managing Director Non-Executive Director Company Secretary Mr Henko Vos Principal Activities The principal activity of the Group was mineral exploration throughout Australia and Peru. Review Of Results And Operations HIGHLIGHTS Peru – Copper-Gold  Large-scale porphyry copper-gold discovery was confirmed at AusQuest’s 100%-owned Cangallo Project in southern Peru. Significant intercepts include: • • • • • • • • 348 metres @ 0.26% Cu, 0.06 ppm Au from 6m (CANRC001) 188 metres @ 0.28% Cu, 0.07ppm Au from 214m (CANRC002) 304 metres @ 0.30% Cu, 0.06ppm Au from 34m (CANRC008) 154 metres @ 0.37% Cu, 0.06 ppm Au from 36m (CANRC003) 136 metres @ 0.24% Cu, 0.06ppm Au from 230m (CANRC003) 226 metres @ 0.22% Cu, 0.07ppm Au from 4m (CANRC005) 136 metres @ 0.25% Cu, 0.06ppm Au from 22m (CANRC007) 121 metres @ 0.26% Cu, 0.04ppm Au from 256m (CANRC007)  Mineralisation occurs from near surface and remains open in all directions, confirming potential to define a significant shallow copper oxide resource as well as deeper sulphide mineralisation. Planning for follow-up drilling has commenced.  Drill permitting for the Lantana and Playa Kali copper prospects is in progress and should be completed in early Q2 CY2025. Australia – Copper, Gold, Zinc, Nickel  At Balladonia, base metal targets including Broken Hill Type (BHT) were defined and a major Reverse Circulation (RC) drilling program (~7,000m) planned under the Strategic Alliance Agreement (SAA) with a subsidiary of South32 Ltd (South32). Drilling is expected to commence in H1 CY2025.  At Morrisey, a premium-grade iron product (>70% Fe) with very low impurities and excellent magnetite recoveries (~34%) was confirmed at the Waterfall Prospect by Davis Tube Recovery (DTR) test work. Further drilling under the SAA is planned for H1 CY2025. AusQuest Limited | 2  The Coober Pedy Copper Project was accepted as a new ‘Exploration Opportunity’ under the SAA to test iron-oxide copper-gold (IOCG) targets. A major IP survey is planned for Q2 CY2025 ahead of drill testing.  At Mt Davis, VTEM and subsequent soil sampling identified potential base metal targets for follow-up. Corporate  A Non-Renounceable Rights Offer and Shortfall Placement raised a total of ~$2.4 million (before costs) to provide funds for exploration drilling at the Company’s 100%-owned copper projects in Peru as well as ongoing work in Australia. PERU COPPER-GOLD PROJECTS AusQuest has assembled a large portfolio of copper-gold prospects along the southern coastal belt of Peru, South America. This area is one of the world’s most prominent destinations for international exploration and is considered a prime location for world-class exploration opportunities, especially for copper. During H1 FY2025, the maiden drilling program at the Cangallo Porphyry Copper Project was completed to test a new porphyry copper prospect identified from surface mapping and sampling. Drill permitting for the Lantana and Playa Kali prospects also continued so that drill testing of these prospects could commence in H1 CY2025. Cangallo Copper-Gold Project (100% AQD): The Company’s maiden Reverse Circulation (RC) drilling program was completed at Cangallo during the reporting period, identifying a new, large-scale porphyry copper discovery. A total of eight RC drill-holes for ~3,000m were completed using five of the 20 approved drill platforms that were spaced ~300m to 400m apart. Broad zones of copper mineralisation (up to 304m @ 0.30% Cu and 0.06ppm Au) – in the form of both oxides (malachite, chrysocolla and brochantite) and sulphides (mainly chalcopyrite) – have been reported for seven of the eight holes drilled. Significant assays are provided in the table below. The copper mineralisation occurs dominantly within the volcanic host rocks (andesites and dacites) and is associated with sericite and potassic alteration. The oxide mineralisation is present as disseminations and blebs within the volcanics and within intrusive porphyry rocks, whereas the sulphide mineralisation occurs within stockwork veins, veinlets, fractures and mineralised dykes. Table 1: Significant assay results from the maiden RC drilling program: Hole Number From (m) To (m) Interval (m) Cu % Au ppm Mo ppm Ag ppm 6 354 EOH 348 0.26 0.06 12 0.31 Including 10 26 16 0.43 0.08 6 0.09 Including 58 84 26 0.36 0.07 6 0.57 Including 252 264 12 0.53 0.27 32 1.09 Including 316 350 34 0.39 0.08 31 0.44 18 134 116 0.19 0.04 28 0.08 138 148 10 0.48 0.07 72 0.03 180 208 28 0.18 0.04 59 0.58 214 402 EOH 188 0.28 0.07 39 0.38 Including 222 234 12 0.5 0.07 72 0.67 Including 312 322 10 0.43 0.09 16 0.41 Including 342 380 38 0.40 0.09 33 0.46 CANRC001 CANRC002 AusQuest Limited | 3 Hole Number From (m) To (m) Interval (m) Cu % Au ppm Mo ppm Ag ppm CANRC003 36 190 154 0.37 0.06 18 0.19 Including 40 76 36 0.37 0.05 15 0.07 Including 86 110 24 0.42 0.06 12 0.12 Including 128 138 10 0.42 0.06 15 0.39 Including 146 190 44 0.47 0.08 33 0.25 230 366 EOH 136 0.24 0.06 36 0.28 258 288 30 0.37 0.07 34 0.41 228 238 10 0.17 0.07 30 0.18 272 276 EOH 4 0.33 0.02 26 0.87 4 230 226 0.22 0.07 9 0.22 Including 20 32 12 0.33 0.04 4 0.07 Including 54 82 28 0.33 0.11 10 0.09 Including CANRC004 CANRC005 CANRC006 4 20 16 0.15 0.05 5 0.07 36 92 56 0.12 0.03 4 0.05 110 122 12 0.12 0.02 21 0.08 164 192 28 0.12 0.02 10 0.21 206 262 56 0.13 0.03 14 0.26 270 408 EOH 138 0.17 0.03 31 0.26 22 158 136 0.25 0.06 62 0.15 138 150 12 0.43 0.07 111 0.51 256 377 EOH 121 0.26 0.04 43 0.32 Including 264 298 34 0.36 0.03 37 0.32 Including 352 364 12 0.48 0.08 69 0.44 34 338 304 0.30 0.06 18 0.05 Including 36 64 28 0.56 0.03 11 0.06 Including 120 176 56 0.40 0.06 12 0.34 Including 186 206 20 0.33 0.08 25 0.29 Including 216 234 18 0.35 0.08 20 0.40 350 414 EOH 64 0.23 0.05 20 0.20 380 394 14 0.37 0.10 23 0.31 CANRC007 Including CANRC008 Including (Broad copper intervals were determined using a 0.1% Cu cut-off and an internal waste of 4 metres. Gold, molybdenum and silver values were averaged over the same intervals as determined by the Cu intersections. Higher-grade intervals (including) were determined using 0.3% Cu cut-off and 4 metre waste intervals.) Higher copper grades appear to coincide with relatively thin (<10m) porphyritic dykes intruding the volcanics, suggesting there is potential for a large, higher-grade intrusive stock buried beneath the shallow cover. Copper and gold mineralisation remains open in all directions, including at depth, with prospectivity apparently increasing to the west, where the centre of the porphyry system is thought to be hidden beneath the cover. A full assessment of the multi-element geochemical data is currently in progress to identify pathfinder elements associated with the porphyry system, to help prioritise key areas for further drilling. The maiden drilling program only tested a very small fraction of the Cangallo prospect, highlighting the potential for a large-scale porphyry copper system to be defined through further drilling. Earlier geological mapping and rock-chip sampling outlined a partially exposed copper (+/- gold) porphyry system, within a large-scale (3km x 2km) caldera-like structure containing extensive colluvial and younger sediment cover. AusQuest Limited | 4 Cerro de Fierro (Pirata) Project (100% AQD): Environmental, archaeological and community consultations were completed and submitted to Government as part of the drill-permitting process to approve 20 drill pads (and access) at the Lantana Porphyry Copper Prospect. Government approvals for drilling are expected to be received during Q2 CY2025. The Lantana Prospect is a high-priority porphyry copper target due to its scale (~2,000m x 800m) and the widespread occurrence of highly anomalous copper, molybdenum and bismuth values obtained from systematic rock-chip sampling programs. Playa Kali Copper-Gold Project (100% AQD): Mapping and sampling located further manto (Fe) outcrops with visible copper mineralisation, providing strong evidence for widespread manto development in the Playa Kali area. Modelling of ground magnetic data was used to define priority targets for drilling. A drill program (20 drill pads) to test magnetic targets was designed and environmental, archaeological and community consultations completed, with reports submitted to Government. Government approvals for drilling are expected during Q2 CY2025. Other Copper Prospects: A review of drilling results from the Parcoy and Chololo Projects suggests there are porphyry copper targets that were not tested by the initial wide-spaced drilling programs. The Company is re-considering its options following the encouraging results received from its Cangallo Prospect. AUSTRALIA – BASE METAL PROJECTS Exploration during the H1 CY2025 focused on target definition at the Balladonia and Morrisey Projects, as well as initial field work at Mt Davis and Coober Pedy. Drilling approvals for the Balladonia and Morrisey Projects were received from Government. Balladonia Base Metal Project (100% AQD, subject to SAA): Detailed gravity surveys were completed along the southern extension of the Tea Tree Trend to outline potential target areas for future drilling. This area had been identified as highly prospective for BHT deposits based on results from earlier drilling. Coincident magnetic and gravity anomalies, as well as gravity responses within the interpreted prospective host sequence, were considered to be priority targets for BHT mineralisation. Ground electromagnetic (EM) surveys were completed over eight priority VTEM anomalies, upgrading them to drill status. An RC drilling program (~7,000m) has been designed to test the magnetic / gravity targets along the Tea Tree Trend as well as strong EM conductors located within the adjoining stratigraphy for their base and precious metal potential. Native Title heritage surveys have been completed, and drilling operations are expected to commence in Q1/early Q2 CY2025, subject to drill rig availability and local weather conditions. The Company continues to be encouraged by the results at Balladonia, which suggest a highly prospective region for the discovery of large-scale BHT base metal deposits as well as other base metal deposits. AusQuest Limited | 5 Morrisey Magnetite Project (100% AQD, subject to SAA): Davis Tube Recovery (DTR) test work was completed on multiple drill samples from the RC drilling program (15 holes / ~3,060m) at the Waterfall Prospect. This produced a premium iron product grading >70% Fe from all samples tested, with excellent magnetite recoveries (~34%) from grind sizes of 106µm and 75µm, enhancing the future commercial potential of the project. Deleterious elements in the DTR product were very low, averaging 1.3% silica, 0.19% alumina, 0.08% sulphur and 0.004% phosphorous. Petrological examination indicated the magnetite grains are highly fractured, which is likely to contribute to the excellent magnetite recoveries achieved via the DTR test work. Similar magnetic and gravity anomalies to the Waterfall Prospect occur at a number of locations within the Morrisey Project. Five targets have been identified for drilling to help determine the project’s overall magnetite potential. Native Title heritage clearances have been obtained to allow drill testing of these targets to commence in Q2 CY2025. The drill plan is currently being finalised under the SAA. Coober Pedy Project (100% AQD, subject to SAA): The Coober Pedy Project has been accepted as a new Exploration Opportunity under the SAA with South32. Under the terms of the SAA, South32 can earn a 70% interest in this project by spending a total of US$4.5 million on exploration, with the right to earn an additional 10% interest by completing a Pre-Feasibility Study. Detailed gravity surveys completed by the Company outlined target areas closely associated with IOCG-style alteration in historical drill-holes, suggesting potential for nearby IOCG systems. A large-scale MIMDAS Induced Polarisation (IP) survey is being planned to identify sulphide mineralisation ahead of possible drill testing. The survey is scheduled to commence in Q2 CY2025. The close association of hematite and magnetite with IOCG mineralisation is well known in the IOCG province of South Australia, which hosts the world-class deposits of Olympic Dam, Carrapateena and Prominent Hill, and is the main reason why the magnetic and gravity anomalies are being targeted. Moora Nickel-Copper-PGE Project (100% AQD, subject to SAA): A small RC drilling program (two holes for ~420m) was completed at the Latham Prospect to test for prospective ultramafic host rocks beneath the gabbro intersected by the initial drill program. Although assay results are still pending, visual indications suggest that no ultramafic rocks were intersected which means the geophysical modelling results remain unexplained. Further drilling will be considered once assay data have been assessed. Jubilee Lake Nickel-Copper-PGE Project (100% AQD, subject to SAA): Further field work at this project is pending advice from Central Desert Native Title Services and the Traditional Owners regarding proposed heritage clearance surveys for drilling designed to test the Company’s concept of a new nickel-copper province. Mount Davis Project (100% AQD): A VTEM survey partly funded (50%) under the WA Government’s Co-Funded Geophysics Program, located several large-scale conductive targets that are considered to reflect shallow dipping conductors within the stratigraphy, highlighting the potential for either sulphidic and/or graphitic mineralisation. The conductors appear to occur in a similar stratigraphic position to the lead-zinc-copper mineralisation discovered by Rumble Resources on the southern side of the Earaheedy Basin. AusQuest Limited | 6 A limited soil sampling program outlined a multi-element geochemical response (Pb, Mo and Bi) coincident with the southernmost VTEM anomaly, upgrading its prospectivity. The Mt Davis Project is thought to reflect either a structural window (an upthrust block) into the deeper parts of the Earaheedy Basin or a sub-basin setting, where the potential for SEDEX Cu-Pb-Zn deposits associated with a basin-wide mineralising event is considered most likely to occur. Hamilton Copper-Gold Project (100% AQD): The Exploration Licences were successfully renewed for a further two-year period. Strong potassic, calcic and iron alteration intersected by earlier drilling is thought to reflect proximity to mineralisation that has not been fully tested. A proposal to undertake further drilling at the Hamilton South prospect was submitted to the Queensland Government under their Collaborative Exploration Initiative program. Results of this submission will be known around the end of Q1 CY2025. Corporate AusQuest completed a non-renounceable, pro-rata rights offer during the reporting period, under which eligible shareholders could subscribe for two new shares for every five existing shares in the Company at an issue price of $0.008 per new share, together with one free attaching new option for every two new shares subscribed for and issued. This rights issue, together with a Placement of Shortfall to professional and sophisticated investors, raised a total of approximately $2.4 million (before costs). Changes in state of affairs During the half-year ended 31 December 2024 there was no significant change in the state of affairs of the Group other than as referred to in the financial statements or notes thereto. Events Occurring after the Reporting Date On 21 January 2025, the Company issued 17 million Performance Rights (PRs) under its Equity Incentive Plan, with each PR converting into one ordinary share in the Company subject to the following vesting conditions: • KPI 1 (Drill Results) – 10 million PRs with 50% vesting upon a minimum requirement of 100m (down-hole thickness) @ 0.4% Cu equivalent in one or more drill-holes and up to 100% vesting if at least 200m (down-hole thickness) @ 0.5% Cu equivalent is achieved in one or more drill-holes at the Cangallo and/or Lantana and/or Playa Kali programs; • KPI 2 (Share Price) – 4 million PRs subject to the Company’s share price movement resulting from drilling in Peru with minimum requirement of a 50% increase in the share price from the start of drilling in Peru based on a 30 day VWAP calculation; and • KPI 3 (JV Agreement) – 3 million PRs subject to the Company accepting at least one Joint Venture over at least one of its Peruvian projects. The PRs expires on 31 December 2025 and vest at the Board’s discretion. On 20 February 2025, the Company announced it has received firm commitments to raise $7.5 million through the issue of 208,333,334 shares, each at an issue price of $0.036 per share. This includes the participation by two of the Company’s directors who have committed to fund $1.18 million through the issue of 32,777,780 shares, subject to shareholder approval at a general meeting to be held in early April 2025. On 28 February 2025, the Company confirmed it issued 175,555,554 shares raising $6.32 million before costs. AusQuest Limited | 7 Subsequent to reporting date, a total of 33,041,262 unlisted options with an exercise price of $0.012 and an expiry date of 11 November 2027 have been converted into fully paid ordinary shares, raising $396,495 in additional capital. Other than the above, there has not arisen any matter or circumstance subsequent to the end of the financial period that has significantly affected, or may significantly affect, the operations of the Group, the results of those operations, or the state of affairs of the Group in future financial periods. Dividends No dividends were paid or declared since the start of the financial half-year. No recommendation for the payment of dividends has been made. Auditor’s independence declaration A copy of the auditor’s independence declaration as required under section 307C of the Corporations Act 2001 is set out on page 9. This report is made in accordance with a resolution of directors. Graeme Drew Managing Director Perth, Western Australia 11 March 2025 COMPETENT PERSON’S STATEMENT The details contained in this report that pertain to exploration results are based upon information compiled by Mr Graeme Drew, a full-time employee of AusQuest Limited. Mr Drew is a Fellow of the Australasian Institute of Mining and Metallurgy (AUSIMM) and has sufficient experience in the activity which he is undertaking to qualify as a Competent Person as defined in the December 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). Mr Drew consents to the inclusion in the report of the matters based upon his information in the form and context in which it appears. FORWARD LOOKING STATEMENT This report contains forward looking statements concerning the projects owned by AusQuest Limited. Statements concerning mining reserves and resources may also be deemed to be forward looking statements in that they involve estimates based on specific assumptions. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward looking statements as a result of a variety of risks, uncertainties and other factors. Forward looking statements are based on management’s beliefs, opinions and estimates as of the dates the forward looking statements are made and no obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments. AusQuest Limited | 8 AUDITOR’S INDEPENDENCE DECLARATION As lead auditor for the review of the consolidated financial report of AusQuest Limited for the halfyear ended 31 December 2024, I declare that to the best of my knowledge and belief, there have been no contraventions of: a) the auditor independence requirements of the Corporations Act 2001 in relation to the review; and b) any applicable code of professional conduct in relation to the review. Perth, Western Australia 11 March 2025 M R Ohm Partner AusQuest Limited | 9 INDEPENDENT AUDITOR’S REVIEW REPORT To the Members of AusQuest Limited Report on the Condensed Half-Year Financial Report Conclusion We have reviewed the half-year financial report of AusQuest Limited (“the Company”) and its controlled entities (“the Group”), which comprises the condensed consolidated statement of financial position as at 31 December 2024, the condensed consolidated statement of profit or loss and other comprehensive income, the condensed consolidated statement of changes in equity and the condensed consolidated statement of cash flows for the half-year ended on that date, selected explanatory notes, and the directors’ declaration, for the Group comprising the Company and the entities it controlled at the halfyear end or from time to time during the half-year. Based on our review, which is not an audit, we have not become aware of any matter that makes us believe that the accompanying half-year financial report of AusQuest Limited does not comply with the Corporations Act 2001 including: (a) giving a true and fair view of the Group’s financial position as at 31 December 2024 and of its performance for the half-year ended on that date; and (b) complying with Accounting Standard AASB 134 Interim Financial Reporting and the Corporations Regulations 2001. Basis for Conclusion We conducted our review in accordance with ASRE 2410 Review of a Financial Report Performed by the Independent Auditor of the Entity. Our responsibility is further described in the Auditor’s Responsibility for the Review of the Financial Report section of our report. We are independent of the Company in accordance with the auditor independence requirements of the Corporations Act 2001 and the ethical requirements of the Accounting Professional and Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the “Code”) that are relevant to our audit of the annual financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code. Responsibility of the Directors for the Financial Report The directors of the Company are responsible for the preparation of the half-year financial report that gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001 and for such internal control as the directors determine is necessary to enable the preparation of the half-year financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error. AusQuest Limited | 10 Auditor’s Responsibility for the Review of the Financial Report Our responsibility is to express a conclusion on the half-year financial report based on our review. ASRE 2410 requires us to conclude whether we have become aware of any matter that makes us believe that the half-year financial report is not in accordance with the Corporations Act 2001 including giving a true and fair view of the Group’s financial position as at 31 December 2024 and its performance for the half-year ended on that date, and complying with Accounting Standard AASB 134 Interim Financial Reporting and the Corporations Regulations 2001. A review of a half-year financial report consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Australian Auditing Standards and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Independence In conducting our review, we have complied with the independence requirements of the Corporations Act 2001. HLB Mann Judd Chartered Accountants M R Ohm Partner Perth, Western Australia 11 March 2025 AusQuest Limited | 11 DIRECTORS’ DECLARATION 1. In the opinion of the Directors of AusQuest Limited (the “Company”): a. b. the accompanying interim financial statements and notes thereto are in accordance with the Corporations Act 2001 including: i. giving a true and fair view of the Group’s financial position as at 31 December 2024 and of its performance for the financial half-year ended on that date; and ii. complying with AASB134 Interim Financial Reporting, the Corporations Regulations 2001, professional reporting requirements and other mandatory requirements. There are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable. 2. This declaration has been made after receiving the declarations required to be made to the Directors in accordance with Section 303(5) of the Corporations Act 2001 for the half-year ended 31 December 2024. This declaration is signed in accordance with a resolution of the Board of Directors. Graeme Drew Managing Director Perth, Western Australia 11 March 2025 AusQuest Limited | 12 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the half-year ended 31 December 2024 Note Revenue Consultants and employee benefits expenses Occupancy expenses Depreciation expense Depreciation expense of right-of-use asset Share-based payments expense Administrative expenses Impairment of exploration and evaluation expenditure Finance costs Interest on lease liability Loss before income tax expense Income tax benefit Loss for the period after income tax of continuing operations 4 11 6 Half-year ended 31 Dec 2024 $ Half-year ended 31 Dec 2023 $ 145,334 145,334 65,089 65,089 98,087 6,784 5,739 43,384 9,000 396,889 33,285 3,658 2,637 599,463 75,788 5,536 4,746 43,265 160,000 348,667 217,047 2,122 6,110 863,281 (454,129) (454,129) (798,192) (798,192) 1,060,272 1,060,272 (469,354) (469,354) 606,143 (1,267,546) (0.11) (0.10) Other comprehensive income Items that may be reclassified subsequently to profit or loss Exchange (loss)/ gain on translation of foreign operations Other comprehensive income/(loss) for the period, net of tax Total comprehensive income/(loss) for the period (Loss)/Earnings per share Basic and diluted (loss)/earnings per share from continuing operations (cents per share) The above condensed consolidated statement of p