IGO First Half 2025 Earnings: AU$1.03 loss per share (vs AU$0.38 profit in 1H 2024)

Simply Wall St.
25 Feb

IGO (ASX:IGO) First Half 2025 Results

Key Financial Results

  • Revenue: AU$284.0m (down 35% from 1H 2024).
  • Net loss: AU$782.1m (down by 371% from AU$288.3m profit in 1H 2024).
  • AU$1.03 loss per share (down from AU$0.38 profit in 1H 2024).
ASX:IGO Earnings and Revenue Growth February 25th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

IGO Earnings Insights

Looking ahead, revenue is expected to decline by 55% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 4.5%.

Performance of the Australian Metals and Mining industry.

The company's shares are down 11% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on IGO's balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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