Interim Results to 31 March 2026

Wolfram Resources PLC

19 June 2026

 

19 June 2026

Wolfram Resources Plc

Interim Results for the Six Months Ended 31 March 2026

I am pleased to present the interim results for Wolfram Resources Plc (the "Company") for the period ended 31 March 2026.  The Company was admitted to the Standard Listing of the Main Market of the London Stock exchange on 5 June 2023 (XLON: WFR).

Chairman's Statement

During the period the Company made a loss of £51,773, compared with a loss of £226,161 for the same period last year.  The Company is operating on a skeleton basis to ensure the loss is as low as possible. The Board are not currently taking a salary whilst they have been diligently procuring an established business or businesses in the strategic metals and rare earth assets. The Board has been working attentively to reduce the administrative costs of the Company, reducing salaries and outsourced administrative assistance. As at 31 March 2026, the Company's cash position was £10,367 (2025: £84,983).

These interim results have not been audited by the Company's auditor.

Post period events

Since the end of the reported period, the Company has continued to actively pursue alternative acquisition opportunities involved in strategic metals and rare earth assets.

Directors of the company

The directors who have served during the period and up to the date of approval were as follows:

Graeme Muir	(Chairman)
Daniel Monks	(Executive Director)

Results and dividends

The interim statement of comprehensive income is set out on page 3 and shows the loss for six month period to 31 March 2026.  The directors consider the loss for the period to be in line with expectations.  The directors do not recommend a payment of a dividend.

This report was approved by the Board and signed on its behalf:

Graeme Muir

Chairman

The Directors of the Company accept responsibility for the content of this announcement.

Enquiries:

Company

Woldram Resources Plc

Graeme Muir

[e-mail]

www.wolframresources.com

Corporate Advisor

AlbR Capital Limited

Telephone: [phone]

Statement of Comprehensive Income for the 6 months ended 31 March 2026

	6 months to 31 March 2026 Unaudited		Year ended 30 September 2025 Audited		6 months to 31 March 2025 Unaudited
	£		£		£
Administrative expenses	(51,773)		(373,217)		(226,161)
Warrant expense	-		-		-
Operating Profit / (Loss)	(51,773)		(373,217)		(226,161)
Taxation	-		-		-
Loss for the period from continuing operations	(51,773)		(373,217)		(226,161)
Other comprehensive income	-		-		-
Total comprehensive income for the period	(51,773)		(373,217)		(226,161)
Earnings per share
Basic earnings per share	(0.06p)		(0.46p)		(0.277p)
Diluted earnings per share	(0.01p)		(0.15p)		(0.039p)

Statement of Financial Position for the 6 months ended 31 March 2026

	6 months to 31 March 2026 Unaudited		Year ended 30 September 2025 Audited		6 months to 31 March 2025 Unaudited
	£		£		£
Assets
Current assets
Trade and other receivables	8,801		20,745		13,143
Cash and cash equivalents	10,367		4,099		84,983
	19,168		24,844		98,126
Total assets	19,168		24,844		98,126
Current liabilities
Trade and other payables	35,250		89,153		15,379
Non-current liabilities
Parent company loan	100,000		-		-
Net assets	(116,082)		(64,309)		82,747
Capital and reserves
Share capital	820,001		820,001		820,001
Warrant reserves	2,093,571		2,093,571		2,093,571
Retained earnings	(3,029,654)		(2,977,881)		(2,830,825)
Total equity	(116,082)		(64,309)		82,747

Statement of Changes in Equity for the 6 months ended 31 March 2026

	Share	Warrant	Retained	Total
	capital	reserves	Earnings
	£	£	£	£
As at 1 October 2024	820,001	2,093,571	(2,604,664)	308,908
Profit / (Loss) for the period	-	-	(226,161)	(226,161)
Total comprehensive income	-	-	(226,161)	(226,161)
Balance at 31 March 2025	820,001	2,093,571	(2,830,825)	82,747
Loss for the year	-	-	(373,217)	(373,217)
Total comprehensive income	-	-	(373,217)	(373,217)
Balance at 30 September 2025	820,001	2,093,571	(2,977,881)	(64,309)
Loss for the period	-	-	(51,773)	(51,773)
Total comprehensive income	-	-	(51,773)	(51,773)
Balance at 31 March 2026	820,001	2,093,571	(3,029,654)	(116,082)

 

END