Evrima Plc - Half-year Report
PR Newswire
LONDON, United Kingdom, September 26
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY EVRIMA PLC TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014, AS AMENDED ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Evrima Plc [AQSE: EVA]
("Evrima" or the "Company")
Interim Results for the Six Months Ended 30 June 2025
Evrima Plc, an investment issuer focused on commodities, mineral exploration and development, announces its unaudited interim financial results for the six months ended 30 June 2025.
At the period end, Evrima held a diversified portfolio across both listed and private companies. The portfolio reflects the Company's strategy of targeting investments with strong growth potential in its core sectors.
The Company's listed holdings are positioned to benefit from changing global market conditions, while private investments are selected following detailed assessment of their potential to deliver long-term value. Evrima continues to monitor all holdings closely and to manage its assets actively in line with market and geopolitical developments.
Evrima remains committed to maintaining a balanced portfolio and to pursuing opportunities that support shareholder value. Updates on material developments will be provided in future announcements.
The half-yearly financial statements are unaudited and have not been reviewed by the Company's auditors.
The Directors of Evrima accept responsibility for this announcement.
-Ends-
Enquiries:
Company:
Burns Singh Tennent-Bhohi (CEO & Director) burns@evrimaplc.com
Bowsprit Partners Limited (Corporate Adviser):
John Treacy / Luis Brime +44 (0) 203 833 4430
Interim income statement | |||||||
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|
| 6 months ended |
| Year ended |
| 6 months ended |
|
|
| 30 June |
| 31 December |
| 30 June |
|
|
| 2025 |
| 2024 |
| 2024 |
|
|
| (unaudited) |
| (audited) |
| (unaudited) |
|
|
| £ |
| £ |
| £ |
|
|
|
|
|
|
|
|
Turnover |
| 6,667 |
| 13,333 |
| - | |
|
|
|
|
|
|
| |
Administrative expenses |
| (94,852) |
| (230,783) |
| (127,923) | |
Operating profit/(loss) |
| (88,185) |
| (217,450) |
| (127,923) | |
|
|
|
|
|
|
| |
Other operating income |
| - |
| 32,477 |
| 26,282 | |
Operating loss |
| (88,185) |
| (184,973) |
| (101,641) | |
|
|
|
|
|
|
| |
Realised and unrealised losses on investments |
| 516,612 |
| (656,350) |
| (107,357) | |
Profit/(loss) for the year from continuing operations |
| 428,427 |
| (841,323) |
| (208,998) | |
|
|
|
|
|
|
| |
Interest payable |
| (1,955) |
| (1,078) |
| (65) | |
|
|
|
|
|
|
| |
Loss before taxation |
| 426,472 |
| (842,401) |
| (209,063) | |
|
|
|
|
|
|
| |
Tax on loss |
| - |
| - |
| - | |
|
|
|
|
|
|
| |
Loss for the financial year |
| 426,472 |
| (842,401) |
| (209,063) | |
|
|
|
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|
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|
|
Basic earning per share - in pence |
| 0.01 |
| (2.140) |
| (0.005) | |
|
|
|
|
|
|
|
|
Diluted earning per share - in pence |
| 0.01 |
| (2.140) |
| (0.005) | |
|
|
|
|
|
|
|
|
Interim balance sheet | |||||||
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|
|
| 6 months ended |
| Year ended |
| 6 months ended |
|
|
| 30 June |
| 31 December |
| 30 June |
|
|
| 2025 |
| 2024 |
| 2024 |
|
|
| (unaudited) |
| (audited) |
| (unaudited) |
|
| Notes | £ |
| £ |
| £ |
Fixed assets |
|
|
|
|
|
| |
Investments | 1 | 450,122 |
| 71,963 |
| 302,075 | |
|
|
|
|
|
|
| |
Current assets |
|
|
|
|
|
| |
Investments | 1 | 61,142 |
| 54,468 |
| 462,457 | |
Debtors |
| 249,190 |
| 106,355 |
| 73,766 | |
Cash at bank |
| 138 |
| 76 |
| 5,131 | |
Total current assets |
| 310,470 |
| 160,899 |
| 541,354 | |
|
|
|
|
|
|
| |
Current liabilities |
|
|
|
|
|
| |
Creditors falling due within one year |
| (155,223) |
| (53,965) |
| (31,194) | |
|
|
|
|
|
|
|
|
Net current assets |
| 155,247 |
| 106,934 |
| 510,160 | |
|
|
|
|
|
|
| |
Total assets less current liabilities |
| 605,369 |
| 178,897 |
| 812,235 | |
|
|
|
|
|
|
|
|
Net assets |
| 605,369 |
| 178,897 |
| 812,235 | |
|
|
|
|
|
|
|
|
Capital & reserves |
|
|
|
|
|
| |
Share capital |
| 244,068 |
| 244,068 |
| 244,068 | |
Share premium |
| 1,360,029 |
| 1,360,029 |
| 1,360,029 | |
Other reserves |
| 44,100 |
| 44,100 |
| 44,100 | |
Retained earnings |
| (1,042,828) |
| (1,469,300) |
| (835,962) | |
Total capital & reserves |
| 605,369 |
| 178,897 |
| 812,235 | |
|
|
|
|
|
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Interim statement of changes in equity
| Share | Share Premium | Share based payment reserve | Retained earnings | Total owner's equity |
| £ | £ | £ | £ | £ |
|
|
|
|
|
|
Balance at 1 January 2024 | 244,068 | 1,360,029 | 44,100 | (626,899) | 1,021,298 |
|
|
|
|
|
|
Profit for the period | - | - | - | (842,401) | (842,401) |
Balance at 31 December 2024 | 244,068 | 1,360,029 | 44,100 | (1,469,300) | 178,897 |
|
|
|
|
|
|
Profit for the period | - | - | - | 426,472 | 426,472 |
Balance at 30 June 2025 | 244,068 | 1,360,029 | 44,100 | (1,042,828) | 605,369 |
Notes to the balance sheet
- Basis of preparation
The interim results of Evrima Plc are prepared in accordance with the requirements of FRS 104 Interim Financial Reporting and are prepared in accordance with the accounting policies set out in the last financial statements for the year ended 31 December 2024. Evrima Plc expects to apply the same policies in its ?nancial statements for the year ending 31 December 2025.
The ?nancial information for the six months ended 30 June 2025 and for the six months ended 30 June 2024, neither of which have been audited nor reviewed by the Company's auditors. The comparative financial information for the year ended 31 December 2024 has been derived from the audited financial statements for that period.
- Investments
Listed investments |
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Company |
|
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| Shares held | Share price a | |
Premium Nickel Resources Limited |
| 8,500 | CAD$ 12.60 | |||
Tertiary Minerals Plc |
| 10,000,000 | GBP£ 0.0003 | |||
Rover Critical Minerals Corp |
| 10,000 | CAD$ 0.20 | |||
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Unlisted investments |
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Company |
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| Shares held | Share price b | |
Kalahari Key Mineral Exploration Pty |
| 3,802 | GBP£ 16.791 | |||
Eastport Ventures Inc |
| 4,026,902 | CAD$ 0.18 | |||
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- Post Balance sheet events
Subsequent to the period end the following occurred:
The Company received the proceeds of a sale of shares, as recognised in the profit and loss. This allowed the Company to repay £95,466 of creditor balances.
