Rarex logo
REE
Materials

Rarex

Short interest
0.15%
+0.15 pp 30d
as of 5 Feb 2026
Reported shorts
1.8M
Shares on issue
1.213B

Rarex (REE) financials

Results, ratios and statements

Latest result

Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency

Revenue
$403.9K (source: ASX (Markit))vs $1.0M (source: ASX (Markit)) (FY25)
ASX (Markit), as at 14 Oct 2026
NPAT
−$5.1M (source: ASX (Markit))vs −$3.5M (source: ASX (Markit)) (FY25)
ASX (Markit), as at 14 Oct 2026
EPS (basic)
n/avs n/a (FY25)
Rev YoY
−59.8%FY
EPS YoY
n/aTTM
  • ASX (Markit)

Summary of Annual Report to shareholders, 30 Sep 2026

RareX reported a statutory net loss of $5.07 million for the year ended 30 June 2026, widening from a $3.50 million loss in the prior year. No dividend was declared or paid. The company continues to advance its Cummins Range Rare Earths Project, having secured a Mining Lease and achieved strong metallurgical results, while also progressing the Khaleesi, Mt Mansbridge, and Piper projects, and advancing through the RFP stage for the Mrima Hill project in Kenya via a consortium with Iluka Resources.

Automated summary of the filing; the filing itself is the record.

Key ratios

Year to 30 Jun 2026 (FY); no balance sheet aligned with this period; prices to 14 Oct 2026

Gross margin
n/a
Operating margin
n/a
Net margin
−1,254.7%
FCF margin
n/a
ROE
n/a
ROA
n/a
FCF conversion
n/a
Net debt (excl. leases)
n/a
Net debt / EBITDA
n/a
Current ratio
n/a
Interest cover
n/a
Cash dividends paid / net profit
n/a
Market cap
n/a (no share count we can vouch for)
P/E
n/a
P/B
n/a (no share count we can vouch for)

Ratios use the reporting currency (AUD); market cap is in AUD. Source: ASX (Markit), as at 14 Oct 2026.

Financial statements

Figures in AUD, the reporting currency; Yahoo Finance unless marked

REE income, newest period first, figures in AUD
Line itemFY26FY25FY24FY23
Revenue$403.9K (source: ASX (Markit))$1.0M (source: ASX (Markit))$43.3K$2.2M (source: ASX (Markit))
Gross profitn/an/a$43.3Kn/a
Operating incomen/an/a−$6.0M−$11.2M
EBITDAn/an/a−$3.1M−$9.2M
EBITn/an/a−$3.3M−$9.3M
Interest expensen/an/a$9.4K$17.6K
Pretax incomen/an/a−$3.3M−$9.3M
Taxn/an/a$0$0
NPAT−$5.1M (source: ASX (Markit))−$3.5M (source: ASX (Markit))−$3.3M−$9.3M
Net interest incomen/an/a$47.5K−$8.4K
EPS basicn/an/a−$0.005−$0.015
EPS dilutedn/an/a−$0.005−$0.015
Sharesn/an/a790.1M668.8M
  • ASX (Markit)