Great Western Mining Corporation PLC delivered a Q1 2025 (calendar quarter ended 2025-03-31) result profile consistent with an exploration-stage materials company: no disclosed revenue, a single-line operating expense base dominated by G&A and depreciation, and a net loss of €242,616. Operating income stood at -€243,288 with total other income of €672, yielding a pre-tax figure of -€242,616 and a net loss of -€242,616. Diluted and basic earnings per share were both -€0.0043, derived from a weighted-average share count of ~57.05-57.06 million. The depreciation and amortization charge of €243,288 appears to be a non-cash line item embedded within the cost structure, with operating expenses equal to the depreciation figure, underscoring a minimal activity level for the quarter. Revenue and gross profit data are not disclosed, limiting visibility into gross margins or top-line progression. The company’s quarterly metrics imply a burn in an exploration context rather than a revenue-generating business, highlighting the necessity for external financing to sustain ongoing exploration efforts.
Without a management-provided earnings call transcript in the available material, there are no published management quotes to anchor qualitative commentary. The investment thesis remains highly contingent on future exploration catalysts (drilling results, resource estimates, and potential partnerships) and the company’s ability to secure additional financing to support ongoing exploration programs.