Business
Interim Results
Atlas Metals Group PLC reported an unaudited operating loss of £728,291 for the six months ended June 30, 2025, which includes proceeds from the disposal of the Gold Ridge Investment for US$550,000; this compares to an operating loss of £1,374,111 for the same period in 2024. The basic and diluted loss per share for the period was (4.93) pence, compared to a basic and diluted loss per share of (0.09) pence in the prior year. Non-current assets totalled £258,110, while current assets were £626,862. Current liabilities amounted to £5,663,909 and non-current liabilities were £246,409. Net cash used in operating activities was £582,352, while net cash from investing activities was £575,077. The company had cash and cash equivalents of £11,873 at the end of the period. Disclaimer*
About this update from Atlas Metals Group Plc
[{"type":"text","content":"\n\n30 September 2025\n \nAtlas Metals Group plc\n \n(\"Atlas Metals\", the \"Company\" or together with its subsidiaries the \"Group\")\n \nInterim Results to 30 June 2025\n \nAtlas Metals (LON: AMG), the natural resources and energy investment company, announces its unaudited interim results for the six months ended 30 June 2025 (\"H1\" or the \"Period\").\n \nFinancial Review\n \nAtlas Metals reported an unaudited operating loss for the six months period ended 30 June 2025 of £728,291 which includes the disposal of the Gold Ridge Investment for US$550 000 (six months period to 30 June 2024: an unaudited operating loss of £1,374,111).\n \nBasic and diluted loss per share for the Period was 4.93p (six months period to 30 June 2024: Basic loss per share and diluted loss per share was 0.09p). The share capital has been rebased taking account of adjustments necessitated by the 100 into 1 share consolidated effected 5 December 2024.\n \nProposed Acquisition of Universal Pozzolanic Silica Alumina Ltd\n \nOn 17 June 2025 the Company announced the proposed acquisition of Universal Pozzolanic Silica Alumina Ltd (\"UPSA\") and subsequently, post period end on 10 September 2025, that it had entered into a conditional Share Purchase Agreement to acquire the entire issued ordinary share capital of UPSA (the \"Proposed Acquisition\"). The parties continue to progress the Proposed Acquisition and further announcements will be made in due course as appropriate.\n \nResponsibility Statement\n \nWe confirm that to the best of our knowledge:\n \n· The interim financial statements have been prepared in accordance with UK-adopted international accounting standards\n· The interim financial statements give a true and fair view of the assets, liabilities, financial position and loss of the Group;\n· The interim report includes a fair review of the information required by DTR 4.2.7R of the Disclosure and Transparency Rules, being an indication of important events that have occurred during the first six months of the financial year and their impact on the interim financial information, and a description of the principal risks and uncertainties for the remaining six months of the year; and\n·  ...