Income Statement MEC Resources Limited

Stocks

MMR

AU000000MMR7

Investment Management & Fund Operators

Market Closed - Australian S.E. 01:06:54 2026-08-19 EDT			5-day change	1st Jan Change
0.002000 ^AUD	0.00%		0.00%	-60.00%

02-18	MEC Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2025	CI
25-08-29	MEC Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2025	CI

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Published financial data: MEC RESOURCES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	-	-	2.77K	5.93K	90.01K
Total Revenues	-	-	2.77K	5.93K	90.01K
Gross Profit	-	-	2.77K	5.93K	90.01K
Selling General & Admin Expenses, Total	882K	203K	276K	236K	613K
Exploration / Drilling Costs, Total	-	-	-	-	-
Depreciation & Amortization - (IS)	1.45K	446	1.54K	-	-
Other Operating Expenses	114K	78.57K	89.07K	-	-
Other Operating Expenses, Total	997K	282K	367K	236K	613K
Operating Income	-997K	-282K	-364K	-230K	-523K
Interest Expense, Total	-36.79K	-2.87K	-10.37K	-11.62K	-5.1K
Net Interest Expenses	-36.79K	-2.87K	-10.37K	-11.62K	-5.1K
Income (Loss) On Equity Invest.	-	-431K	-184K	-251K	736K
Other Non Operating Income (Expenses)	-	60	-11	-	-1
EBT, Excl. Unusual Items	-1.03M	-715K	-559K	-493K	207K
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Legal Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	-1.03M	-715K	-559K	-493K	207K
Earnings From Continuing Operations	-1.03M	-715K	-559K	-493K	207K
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-1.03M	-715K	-559K	-493K	207K
Minority Interest	-	-	-	-	-
Net Income - (IS)	-1.03M	-715K	-559K	-493K	207K
Net Income to Common Incl Extra Items	-1.03M	-715K	-559K	-493K	207K
Net Income to Common Excl. Extra Items	-1.03M	-715K	-559K	-493K	207K
Per Share Items
Net EPS - Basic	-0	-0	-0	-0	0
Basic EPS - Continuing Operations	-0	-0	-0	-0	0
Basic Weighted Average Shares Outstanding	646M	809M	885M	1.01B	1.85B
Net EPS - Diluted	-0	-0	-0	-0	0
Diluted EPS - Continuing Operations	-0	-0	-0	-0	0
Diluted Weighted Average Shares Outstanding	646M	809M	885M	1.01B	1.85B
Normalized Basic EPS	-0	-0	-0	-0	0
Normalized Diluted EPS	-0	-0	-0	-0	0
Supplemental Items
EBITDA	-996K	-281K	-363K	-228K	-
EBITA	-997K	-282K	-364K	-230K	-523K
EBIT	-997K	-282K	-364K	-230K	-523K
Normalized Net Income	-646K	-447K	-349K	-308K	130K
Supplemental Operating Expense Items
General and Administrative Expenses	289K	219K	263K	116K	383K
Exploration/Drilling Costs	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	131K	11.6K	224K	221K	2.04M
Short Term Investments	2.16K	2.16K	2.39K	2.39K	2.39K
Total Cash And Short Term Investments	133K	13.76K	226K	224K	2.04M
Accounts Receivable, Total	-	-	-	-	-
Other Receivables	-	-	-	-	164K
Notes Receivable	-	-	-	-	-
Total Receivables	-	-	-	-	164K
Prepaid Expenses	-	-	-	-	-
Total Current Assets	133K	13.76K	226K	224K	2.21M
Gross Property Plant And Equipment	14.62K	14.62K	14.62K	-	-
Accumulated Depreciation	-12.64K	-13.09K	-14.62K	-	-
Net Property Plant And Equipment	1.98K	1.54K	0	-	-
Long-term Investments	4.71M	4.28M	4.09M	3.84M	4.59M
Other Intangibles, Total	-	-	-	-	-
Loans Receivable Long-Term	4.16M	4.16M	4.16M	4.16M	4.92M
Other Long-Term Assets, Total	-	-	1	-	-
Total Assets	9M	8.45M	8.48M	8.23M	11.71M
Liabilities
Accounts Payable, Total	447K	910K	1.12M	643K	554K
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	873K	424K	487K	499K	-
Other Current Liabilities	400K	-	-	-	-
Total Current Liabilities	1.72M	1.33M	1.6M	1.14M	554K
Other Non Current Liabilities	-	-	1	-	-
Total Liabilities	1.72M	1.33M	1.6M	1.14M	554K
Common Stock, Total	30.64M	31.19M	31.53M	32.21M	36.08M
Retained Earnings	-23.8M	-24.52M	-25.08M	-25.57M	-25.36M
Comprehensive Income and Other	442K	442K	423K	442K	442K
Total Common Equity	7.28M	7.12M	6.87M	7.08M	11.16M
Minority Interest	-	-	-	-	-
Total Equity	7.28M	7.12M	6.87M	7.08M	11.16M
Total Liabilities And Equity	9M	8.45M	8.48M	8.23M	11.71M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	684M	809M	885M	1.1B	1.85B
ECS Total Common Shares Outstanding	684M	809M	885M	1.05B	1.85B
Book Value / Share	0.01	0.01	0.01	0.01	0.01
Tangible Book Value	7.28M	7.12M	6.87M	7.08M	11.16M
Tangible Book Value Per Share	0.01	0.01	0.01	0.01	0.01
Total Debt	873K	424K	487K	499K	0
Net Debt	740K	411K	261K	275K	-2.04M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	-	-	4.09M	3.84M	4.58M
Account Code - Inventory Valuation	3	3	-	3	3
Machinery, Total	14.62K	14.62K	14.62K	-	-

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	-1.03M	-715K	-559K	-493K	207K
Depreciation & Amortization - CF	1.45K	446	1.54K	-	-
Depreciation & Amortization, Total	1.45K	446	1.54K	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	184K	251K	-736K
Provision for Credit Losses	-	-	-	-	-
Stock-Based Compensation (CF)	-	-	-	-	-
Other Operating Activities, Total	-	-	-	11.62K	-12.89K
Change In Accounts Receivable	-	-	-	-	-164K
Change In Accounts Payable	680K	64.9K	206K	70.48K	-89.11K
Change in Other Net Operating Assets	1.73K	431K	-230	-	-
Cash from Operations	-351K	-219K	-167K	-159K	-795K
Capital Expenditure	-	-	-	-	-
Sale of Property, Plant, and Equipment	-	-	1.54K	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-42.76K	-	367	-	-750K
Other Investing Activities, Total	85.52K	-	-1	-	-
Cash from Investing	42.76K	-	1.9K	-	-750K
Long-Term Debt Issued, Total	-	-	62.84K	-	-
Total Debt Issued	-	-	62.84K	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-180K
Total Debt Repaid	-	-	-	-	-180K
Issuance of Common Stock	-	100K	334K	160K	3.54M
Other Financing Activities, Total	-	-	-19.34K	-2.7K	-
Cash from Financing	-	100K	377K	157K	3.36M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-308K	-119K	212K	-2.15K	1.82M
Supplemental Items
Levered Free Cash Flow	38.42K	-115K	-25.12K	-625K	-583K
Unlevered Free Cash Flow	61.41K	-113K	-18.64K	-617K	-580K
Change In Net Working Capital	-683K	-62.71K	-207K	474K	253K
Net Debt Issued / Repaid	-	-	62.84K	-	-180K

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	-6.9	-2.02	-2.69	-1.72	-3.28
Return on Total Capital	-7.3	-2.24	-3.06	-1.92	-3.49
Return On Equity %	-13.26	-9.93	-7.98	-7.06	2.28
Return on Common Equity	-13.26	-9.93	-7.98	-7.06	2.28
Margin Analysis
Gross Profit Margin %	-	-	100	100	100
SG&A Margin	-	-	9.97K	3.98K	681.5
EBITDA Margin %	-	-	-13.09K	-3.85K	-
EBITA Margin %	-	-	-13.14K	-3.88K	-581.5
EBIT Margin %	-	-	-13.14K	-3.88K	-581.5
Income From Continuing Operations Margin %	-	-	-20.15K	-8.3K	230.51
Net Income Margin %	-	-	-20.15K	-8.3K	230.51
Net Avail. For Common Margin %	-	-	-20.15K	-8.3K	230.51
Normalized Net Income Margin	-	-	-12.59K	-5.19K	144.07
Levered Free Cash Flow Margin	-	-	-906.35	-10.53K	-648.19
Unlevered Free Cash Flow Margin	-	-	-672.55	-10.41K	-644.65
Asset Turnover
Asset Turnover	-	-	0	0	0.01
Fixed Assets Turnover	-	-	3.61	-	-
Receivables Turnover (Average Receivables)	-	-	-	-	-
Short Term Liquidity
Current Ratio	0.08	0.01	0.14	0.2	3.98
Quick Ratio	0.08	0.01	0.14	0.2	3.98
Operating Cash Flow to Current Liabilities	-0.2	-0.16	-0.1	-0.14	-1.43
Days Sales Outstanding (Average Receivables)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	11.98	5.96	7.09	7.04	-
Total Debt / Total Capital	10.7	5.63	6.62	6.58	-
Total Liabilities / Total Assets	19.1	15.78	18.92	13.89	4.73
EBIT / Interest Expense	-27.11	-98.19	-35.13	-19.78	-102.65
EBITDA / Interest Expense	-27.07	-98.04	-34.98	-19.65	-
(EBITDA - Capex) / Interest Expense	-27.07	-98.04	-34.98	-19.65	-
Total Debt / EBITDA	-0.88	-1.51	-1.34	-2.18	-
Net Debt / EBITDA	-0.74	-1.46	-0.72	-1.2	-
Total Debt / (EBITDA - Capex)	-0.88	-1.51	-1.34	-2.18	-
Net Debt / (EBITDA - Capex)	-0.74	-1.46	-0.72	-1.2	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	-	114.03	1.42K
Gross Profit, 1 Yr. Growth %	-	-	-	114.03	1.42K
EBITDA, 1 Yr. Growth %	36.69	-71.75	28.92	-37.03	-
EBITA, 1 Yr. Growth %	36.77	-71.74	29.26	-36.88	127.64
EBIT, 1 Yr. Growth %	36.77	-71.74	29.26	-36.88	127.64
Earnings From Cont. Operations, 1 Yr. Growth %	-14.77	-30.82	-21.92	-11.81	-142.13
Net Income, 1 Yr. Growth %	-61.27	-30.82	-21.92	-11.81	-142.13
Normalized Net Income, 1 Yr. Growth %	19.3	-30.82	-21.92	-11.81	-142.13
Diluted EPS Before Extra, 1 Yr. Growth %	-14.75	-44.78	-28.62	-22.82	-123
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-42.27	-22.54	-100	-	-
Total Assets, 1 Yr. Growth %	-0.79	-6.11	0.31	-2.99	42.39
Tangible Book Value, 1 Yr. Growth %	-12.43	-2.26	-3.43	3.04	57.53
Common Equity, 1 Yr. Growth %	-12.43	-2.26	-3.43	3.04	57.53
Cash From Operations, 1 Yr. Growth %	-46.18	-37.45	-23.88	-4.47	398.3
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-107.78	-398.77	-78.11	2.39K	-6.61
Unlevered Free Cash Flow, 1 Yr. Growth %	-112.45	-283.97	-83.5	3.21K	-6.03
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	-	469.84
Gross Profit, 2 Yr. CAGR %	-	-	-	-	469.84
EBITDA, 2 Yr. CAGR %	-24.85	-37.85	-39.65	-9.9	-
EBITA, 2 Yr. CAGR %	-24.82	-37.83	-39.56	-9.67	19.87
EBIT, 2 Yr. CAGR %	-24.82	-37.83	-39.56	-9.67	19.87
Earnings From Cont. Operations, 2 Yr. CAGR %	-14.91	-23.22	-26.51	-17.02	-39.05
Net Income, 2 Yr. CAGR %	-12.14	-48.24	-26.51	-17.02	-39.05
Normalized Net Income, 2 Yr. CAGR %	-10.35	-9.16	-26.51	-17.02	-39.05
Diluted EPS Before Extra, 2 Yr. CAGR %	-35.53	-31.39	-37.22	-25.78	-57.87
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-98.63	-33.13	-	-	-
Total Assets, 2 Yr. CAGR %	-12.17	-3.49	-2.95	-1.35	17.53
Tangible Book Value, 2 Yr. CAGR %	-2.37	-7.49	-2.84	-0.25	27.4
Common Equity, 2 Yr. CAGR %	-2.51	-7.49	-2.84	-0.25	27.4
Cash From Operations, 2 Yr. CAGR %	-41.54	-41.98	-31	-14.73	118.18
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-81.18	-51.78	-19.13	133.31	381.9
Unlevered Free Cash Flow, 2 Yr. CAGR %	-76.18	-52.14	-44.9	133.78	457.9
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	4.13	-	-
Gross Profit, 3 Yr. CAGR %	-	-	4.13	-	-
EBITDA, 3 Yr. CAGR %	-63.23	-45.76	-20.74	-38.79	-
EBITA, 3 Yr. CAGR %	-63.21	-45.74	-20.65	-38.68	22.92
EBIT, 3 Yr. CAGR %	-63.21	-45.74	-20.65	-38.68	22.92
Earnings From Cont. Operations, 3 Yr. CAGR %	-62.69	-20.58	-22.79	-21.9	-33.8
Net Income, 3 Yr. CAGR %	-52.79	-18.87	-40.64	-21.9	-33.8
Normalized Net Income, 3 Yr. CAGR %	-34.88	-17.77	-13.63	-21.9	-33.8
Diluted EPS Before Extra, 3 Yr. CAGR %	-65.49	-38.78	-30.48	-32.75	-49.77
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-94.34	-94.75	-	-	-
Total Assets, 3 Yr. CAGR %	-11.05	-10.2	-2.24	-2.96	11.49
Tangible Book Value, 3 Yr. CAGR %	-4.76	-2.33	-6.15	-0.92	16.17
Common Equity, 3 Yr. CAGR %	-4.84	-2.43	-6.15	-0.92	16.17
Cash From Operations, 3 Yr. CAGR %	-30.83	-40.21	-36.49	-23.1	53.59
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-85.41	-52.69	-62.94	153.36	71.95
Unlevered Free Cash Flow, 3 Yr. CAGR %	-82.94	-52.91	-66.44	115.84	72.54
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-49.71	-43.94	105.52
Gross Profit, 5 Yr. CAGR %	-	-	-49.71	-43.94	105.52
EBITDA, 5 Yr. CAGR %	-5.67	-22.72	-55.17	-33.55	-
EBITA, 5 Yr. CAGR %	-5.66	-22.71	-55.13	-33.47	-6.41
EBIT, 5 Yr. CAGR %	-5.66	-22.71	-55.13	-33.47	-6.41
Earnings From Cont. Operations, 5 Yr. CAGR %	-4.48	-7.04	-51.07	-19.18	-29.76
Net Income, 5 Yr. CAGR %	-0.01	-4.51	-43.65	-18.14	-40.01
Normalized Net Income, 5 Yr. CAGR %	3.4	-1.35	-31.65	-17.47	-24.87
Diluted EPS Before Extra, 5 Yr. CAGR %	-22.18	-28.78	-56.16	-33.87	-43.1
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-85.33	-86.09	-	-	-
Total Assets, 5 Yr. CAGR %	-21.69	-22.55	-7.89	-6.76	5.24
Tangible Book Value, 5 Yr. CAGR %	-14.69	-14.81	-4	-1.5	6.05
Common Equity, 5 Yr. CAGR %	-14.71	-14.83	-4.05	-1.56	6.05
Cash From Operations, 5 Yr. CAGR %	-16.58	-24.5	-30.9	-31.09	4.05
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-39.05	-32.94	-71.06	-10.44	3.4
Unlevered Free Cash Flow, 5 Yr. CAGR %	-32.99	-33.13	-72.73	-10.61	3.31