Middle Island Resources Reports FY2025 Revenue of $280,388 and Net Loss of $2.05 Million; Basic Loss Per Share at 0.79 Cents

Reuters
Sep 29, 2025
<a href="https://laohu8.com/S/MDI.AU">Middle Island</a> Resources Reports FY2025 Revenue of $280,388 and Net Loss of $2.05 Million; Basic Loss Per Share at 0.79 Cents

Middle Island Resources Limited reported its full-year results for 2025, posting revenue of $280,388 and a net loss of $2.05 million for the period. This compares to a net loss of $2.31 million in the previous year, reflecting a decrease in losses year-on-year. Basic loss per share for the year was 0.79 cents, compared to 0.89 cents in 2024. The company ended the year with cash and cash equivalents of $2.12 million, up from $1.70 million at the end of the prior year, primarily due to a net increase of $0.42 million in cash flows during the period. Middle Island Resources Limited continues to focus on timely risk management, with the full Board overseeing the identification of risks and opportunities. The company did not announce any dividend payments. No updates regarding changes to the business structure or operations were reported in the results.

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