SUM.AX Stock - Summit Minerals Limited
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $97,641 | $418,378 | $66,286 | N/A |
| Gross Profit | $97,641 | $418,378 | $66,286 | N/A |
| Gross Margin | 100.0% | 100.0% | 100.0% | N/A |
| Operating Income | $-4,655,191 | $-3,195,727 | $-791,605 | $-1,637,080 |
| Net Income | $-4,903,449 | $-4,823,555 | $-959,813 | $-1,637,080 |
| Net Margin | -5021.9% | -1152.9% | -1448.0% | N/A |
| EPS | $-0.06 | $-0.09 | $-0.03 | $-0.05 |
Summit Minerals Limited engages in the acquisition, exploration, and development of battery mineral projects in Australia. The company primarily explores for uranium, gold, antimony, and pegmatite lithium deposits. It holds 100% interests in the Stallion Rare Earth Element (REE) uranium project comprising one exploration tenement that covers an area of 18 square kilometers located in south-eastern Western Australia; the Windfall Antimony project, which includes one exploration tenement that covers an area of 234 square kilometers situated in north-east New South Wales; and the Phillips River Lithium project consisting of two granted exploration tenements covering an area of 42.6 square kilometers located in Western Australia. The company also holds 100% interests in the Northern Lithium REE project comprising two granted exploration tenements covering an area of 78 square kilometers located in Western Australia; and the Bridgetown Lithium project, which includes two granted exploration tenements located north and south of Bridgetown in Western Australia. Summit Minerals Limited was incorporated in 2021 and is headquartered in Mount Hawthorn, Australia.
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