<span item_type="fundamental" item_id="57b053fa7ea7cb141c2bdbcfa544b12c" counter_id="ST/US/PPTA" env="prod"></span><span item_type="announcement" item_id="549085992089227905" env="prod"></span><p>EPS: As of FY2025 Q2, the actual value is USD 0.08, beating the estimate of USD -0.105.</p><p>EBIT: As of FY2025 Q2, the actual value is USD -11.74 M.</p><p></p><h3>Financial Metrics by Segment</h3><h4>Operational Metrics</h4><ul><li><strong>Net Loss</strong>: For the three months ended June 30, 2025, net loss was $6.0 million compared to $3.7 million for the same period in 2024. For the six months ended June 30, 2025, net loss was $14.2 million compared to $6.6 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li><li><strong>Operating Loss</strong>: For the three months ended June 30, 2025, operating loss was $11.7 million compared to $12.2 million for the same period in 2024. For the six months ended June 30, 2025, operating loss was $26.7 million compared to $20.3 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li><li><strong>Exploration Expenses</strong>: For the three months ended June 30, 2025, exploration expenses were $11.0 million compared to $10.5 million for the same period in 2024. For the six months ended June 30, 2025, exploration expenses were $24.1 million compared to $17.1 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li></ul><h4>Cash Flow</h4><ul><li><strong>Operating Cash Flow</strong>: Net cash used in operating activities for the six months ended June 30, 2025, was - $32.2 million compared to - $10.5 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li><li><strong>Investing Cash Flow</strong>: Net cash used in investing activities for the six months ended June 30, 2025, was - $0.8 million compared to $8.2 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li><li><strong>Financing Cash Flow</strong>: Net cash provided by financing activities for the six months ended June 30, 2025, was $414.3 million compared to $1.0 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li></ul><h4>Unique Metrics</h4><ul><li><strong>Grant Income</strong>: For the three months ended June 30, 2025, grant income was $4.9 million compared to $8.5 million for the same period in 2024. For the six months ended June 30, 2025, grant income was $11.3 million compared to $13.6 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li><li><strong>Interest Income</strong>: For the three months ended June 30, 2025, interest income was $0.8 million compared to $0.04 million for the same period in 2024. For the six months ended June 30, 2025, interest income was $1.1 million compared to $0.06 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><h4>Core Business Focus</h4><ul><li><strong>Permitting and Construction</strong>: Finalize remaining permits for the Project to support early works construction expected to start in the fall of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li><li><strong>Funding</strong>: Advance remaining funding under the comprehensive project financing plan, including potential project debt financing of up to $2.0 billion from U.S. EXIM and a royalty or streaming agreement targeting net proceeds of $200 million to $250 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li><li><strong>Engineering and Procurement</strong>: Advance detailed engineering, long lead procurement, and execution planning to be full sanction construction-ready in the spring of 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li></ul><h4>Non-Core Business</h4><ul><li><strong>Environmental and Legal Compliance</strong>: Continue to address legal challenges and environmental compliance, including the settlement agreement with the Nez Perce Tribe and ongoing litigation related to the Project’s permits.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li></ul><h4>Priority</h4><ul><li><strong>Project Financing</strong>: The Company is prioritizing securing the comprehensive project financing package, including equity, debt, and royalty or streaming agreements, to ensure the Project’s development and construction can proceed as planned.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1526243/000141057825001747/ppta-20250630x10q.htm"></span></li></ul>

Perpetua Resources | 10-Q: FY2025 Q2 EPS Beats Estimate at USD 0.08