The mining company Ferrexpo with assets in Ukraine received a net loss of $211 million, which is 4.2 times more than in 2024 ($50.03 million). in the amount of $18 million.
Revenue for 2025 amounted to $787 million, while in 2024 – $933.263 million (a drop of 16%). At the same time, EBITDA amounted to $28 million compared to $69,310 million adjusted for 2024 (a decrease of 60%). $47 million, by the end of 2024 - $100.835 million.
The message states that these financial results are unaudited and remain subject to the completion of the group's audit procedures, as well as approval by the company's Audit Committee and the board of directors. As of the date of this announcement, these summaries are unaudited and the consolidated financial results have been prepared on a going concern basis, however such basis of preparation is subject to the successful completion of our planned fundraising. $55.490 million. The pre-tax loss for this period amounted to $186.899 million, while in January-June 2024 there was a pre-tax profit of $75.671 million. Revenue in the first half of 2025 decreased by 17.5%, to $452.607 million. At the same time, EBIT at the end of June 2024 and $69.310 million at the end 2024. million
Ferrexpo received a net loss of $50.03 million in 2024, which is 41% less than in 2023 ($84.753 million). Revenue for 2024 amounted to $933.263 million, while in 2023 it was $651.795 million (an increase of 43.2%). At the same time, EBITDA amounted to $69.310 million compared to $98.871 million adjusted for 2023. The cash balance at the end of 2024 amounted to $100.835 million, at the end of 2023 - $108.293 million, 2022 - 7 $117 million.
Ferrexpo completed 2023 with a net loss $84.753 million compared to the net profit received in 2022 in the amount of $219.997 million, which is four times lower than the profit for pre-war 2021 ($870.993 million). Revenue for 2023 amounted to $651.795 million, while in 2022 it amounted to $1 billion 248.490 million (a decrease of 47.8%). At the same time, EBITDA decreased by 83% - to $130.242 million compared to $765.113 million for 2022.
Ferrexpo is an iron ore company with assets in Ukraine. Ferrexpo owns 100% of the shares of PJSC Poltava Mining and Processing Plant, 100% of the shares of LLC Eristovsky Mining and Processing Plant and 99.9% of the shares of LLC Bilanovsky Mining and Processing Plant.
