Financials Metals Exploration plc

Equities

Market Closed - London S.E. Other stock markets 16:35:01 13/02/2026 GMT			5-day change	1st Jan Change
15.00 ^GBX	+1.01%		-7.12%	-1.32%

02-06	Baker Steel net asset value up 12% in January amid commodity swings	AN
01-28	Metals Exploration plc Reports Unaudited Production Results for the Fourth Quarter and Fiscal Year Ended December 31, 2025	CI

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	89.83	106.1	99.63	-	143.2	148.5	153.2	323.4
Change	-	18.14%	-6.12%	-	-	3.67%	3.2%	111.06%
EBITDA ¹	-	-	-	82.6	74.44	90.69	94.98	242.1
Change	-	-	-	-	-9.88%	21.84%	4.72%	154.89%
EBIT ¹	-	24.02	19.07	-	40.38	46.32	67.72	209.4
Change	-	-	-20.6%	-	-	14.71%	46.21%	209.24%
Interest Paid	-	-	-	-	-2.483	-	-	-
Earnings before Tax (EBT) ¹	-	9.239	6.94	-	26.13	33.73	60.48	211.1
Change	-	-	-24.88%	-	-	29.09%	79.32%	248.99%
Net income ¹	6.881	9.23	7.01	-	19.3	26.47	42.07	147.2
Change	-	34.13%	-24.05%	-	-	37.18%	58.94%	249.9%
Announcement Date	21/05/21	16/05/22	16/05/23	23/05/24	19/05/25	-	-	-

¹GBP in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-	80	64.9	-	-	29.9	42.9	168
Change	-	-	-18.87%	-	-	-	43.48%	291.61%
Announcement Date	21/05/21	16/05/22	16/05/23	23/05/24	19/05/25	-	-	-

¹GBP in Million

Estimates

Fiscal Period: December	2021	2022	2024	2025	2026	2027
CAPEX ¹	9.701	6.589	4.529	54.31	66.83	26.59
Change	-	-32.08%	-	1,098.97%	23.06%	-60.22%
Free Cash Flow (FCF) ¹	28.28	30.59	79.04	6.683	12.93	125.2
Change	-	8.17%	-	-91.54%	93.48%	868.53%
Announcement Date	16/05/22	16/05/23	19/05/25	-	-	-

¹GBP in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	51.98%	61.08%	61.99%	74.86%
EBIT Margin (%)	-	22.64%	19.15%	-	28.19%	31.19%	44.19%	64.75%
EBT Margin (%)	-	8.71%	6.97%	-	18.24%	22.72%	39.47%	65.27%
Net margin (%)	7.66%	8.7%	7.04%	-	13.47%	17.83%	27.46%	45.52%
FCF margin (%)	-	26.65%	30.7%	-	55.19%	4.5%	8.44%	38.72%
FCF / Net Income (%)	-	306.41%	436.37%	-	409.6%	25.25%	30.73%	85.07%
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	-	268.47%	64.16%	-	-	14%	18%	39%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	0.33x	0.45x	0.69x
Debt / Free cash flow	-	2.83x	2.12x	-	-	4.48x	3.31x	1.34x
Capital Intensity
CAPEX / Current Assets (%)	-	9.14%	6.61%	-	3.16%	36.58%	43.62%	8.22%
CAPEX / EBITDA (%)	-	-	-	-	6.08%	59.88%	70.36%	10.98%
CAPEX / FCF (%)	-	34.3%	21.54%	-	5.73%	812.6%	516.85%	21.23%
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EPS ¹	0.00325	0.00425	0.00336	0.0443	0.00965	0.007	0.015	0.051
Change	-	30.77%	-20.94%	1,219.05%	-78.23%	-27.46%	114.29%	240%
Nbr of stocks (in thousands)	2,071,335	2,071,335	2,088,796	2,098,145	1,728,216	2,959,862	2,959,862	2,959,862
Announcement Date	21/05/21	16/05/22	16/05/23	23/05/24	19/05/25	-	-	-