Financial Highlights
GROUP
| US$'000 | FY2025 | FY2024 |
|---|---|---|
| Revenue from sale of crude oil and gas | 318,795 | 298,135 |
| Adjusted EBITDA# | 91,135 | 160,425 |
| Loss for the year, net of tax | (152,700) | (50,204) |
| Total comprehensive loss for the year, net of tax | (158,396) | (48,780) |
| Loss per share (US cents) | (10.23) | (3.15) |
| US$'000 | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Non-current assets | 636,131 | 326,728 |
| Current assets | 134,357 | 245,551 |
| Total assets | 770,488 | 572,279 |
| Non-current liabilities | 649,256 | 401,143 |
| Current liabilities | 215,664 | 107,172 |
| Total liabilities | 864,920 | 508,315 |
| Net asset value ("NAV")* | (94,432) | 63,964 |
| Total equity | (94,432) | 63,964 |
| NAV per share (US cents) | (7.25) | 4.91 |
# Adjusted EBITDA = Net loss + Interests + Taxes + Depletion + Depreciation + Amortisation + Impairments
* Net asset value as disclosed above includes non-controlling interests
^ Please refer to the Financial Statements in Annual Report FY2025 for more information