ANNUAL REPORT June 2026 Notes to the Consolidated Financial Statements (iii) EBITDA Adjusted EBITDA represents earnings before interest, tax, depreciation and amortisation, adjusted for sharebased payment expense, impairment charges or reversals, changes in the fair value of financial assets and liabilities, and gains or losses on disposal of fixed assets. Adjusted EBITDA is the measure reported to the Chief Operating Decision Maker for the purposes of assessing segment performance. A reconciliation of EBITDA to operating profit before income tax is provided as follows: Australia Spain Elimination Consolidated A$'000 A$'000 A$'000 A$'000 30 June 2026 Adjusted EBITDA (1,443) 52,019 - 50,576 Interest income 3,267 - (3,032) 235 Interest and finance charges (2,449) (7,049) 3,032 (6,466) Depreciation and amortisation expense (11,610) (5,822) - (17,432) Share-based payment expense (13,663) (3,570) (17,233) Change in fair value of financial assets & liabilities (1,701) - - (1,701) Gain/ (loss) on disposal of fixed assets (906) 40 - (866) Profit/ (Loss) before income tax expense (28,505) 35,618 - 7,113 30 June 2025 Adjusted EBITDA (17,045) 7,532 - (9,513) Interest income 2,117 - (2,085) 32 Interest and finance charges (5,923) (1,763) 2,085 (5,601) Impairment expense (5,820) - - (5,820) Depreciation and amortisation expense (8,820) (3,217) - (12,037) Share-based payment expense (3,736) - (3,736) Change in fair value of financial assets & liabilities (1,612) - - (1,612) Gain/(loss) on disposal of fixed assets (941) - - (941) Profit/ (Loss) before income tax expense (41,780) 2,552 - (39,228) 70 EQ Resources Limited Annual Report 2026 Notes to the Consolidated Financial Statements continued
RkJQdWJsaXNoZXIy MjE2NDg3