ANNUAL REPORT June 2026 Consolidated Statement of Profit or Loss and Other Comprehensive Income Consolidated Statement of Profit or Loss and Other Comprehensive Income For the Year ended 30 June 2026 Note 30 June 2026 A$'000 30 June 2025 (*) A$'000 Revenue 4 165,439 66,050 Other income 4 1,601 3,430 Total revenue & other income 167,040 69,480 Administration expenses (7,015) (2,653) Mining and operating costs (96,098) (69,899) Employee benefits expense (4,759) (4,470) Share based payments expense (17,233) (3,736) Occupancy expense (5,437) (1,436) Depreciation and amortisation expense 5 (17,432) (12,037) Interest and finance charges 5 (6,466) (5,601) Impairments expense 5 - (5,820) Change in fair value of financial assets & liabilities (1,701) (1,612) Loss on disposal of fixed assets (866) (941) Other expense (2,920) (503) Total expenses (159,927) (108,708) Profit (Loss) before income tax expense 7,113 (39,228) Income tax expense 6 - - Profit (Loss) after income tax expense 7,113 (39,228) Profit for the year attributable to: Owners of EQ Resources Limited 7,113 (39,228) Other comprehensive income/(loss) Items that may be reclassified subsequently to profit or loss, net of tax: Exchange differences on translation of foreign operations (5,843) 3,164 Items that will not be reclassified subsequently to profit or loss, net of tax: Other comprehensive income/(loss) - - Other comprehensive income/(loss) for the year (5,843) 3,164 Total Comprehensive Profit / (Loss) 1,270 (36,064) Attributable to Owners of EQ Resources Limited Cents Cents Basic profit (loss) per share 13 0.18 (1.70) Diluted profit (loss) per share 13 0.17 (1.70) (*) The comparative information has been reclassified to enhance comparability. The above consolidated statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes. 44 EQ Resources Limited Annual Report 2026 For the year ended 30 June 2026 Consolidated Statement of Profit or Loss and Other Comprehensive Income
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