Firering Strategic Minerals plc AIM:FRG
- Incorporated
- Cyprus
- Chief executive
- Youval Rasin
- Reports in
- EUR
Read straight from the annual reports
0.8c at close on 5 Oct 2026 · 6 reported years, 2020–2025
| Line | FY202012/20 | FY202112/21 | FY202212/22 | FY202312/23 | FY202412/24 | FY202512/25 | FY2026unreported |
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| Diluted EPS | — | — | |||||
| Dividend per share | — | — | — | — |
EUR millions, negatives in brackets. Per-share lines in cents, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
6 years, at a glance
C000473-AR-2025-website
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Limeco quicklime and aggregate sales (equity-accounted, so not in group revenue)
Initial sales of quicklime and aggregates confirmed market acceptance; a two-year offtake agreement with a major Zambian copper producer was signed. Limeco is an associate under the equity method, so its sales are not in the consolidated statements, which have no revenue line.
page 3Hydrated lime and planned high-purity calcium carbonate circuit
The business expanded into hydrated lime; a calcium carbonate circuit is planned for commissioning towards the end of 2026 for filler, coatings, plastics and agricultural markets.
page 3Limeco ramp-up and scale economies (fixed plant cost spread over more kilns)
Chairman expects greater economies of scale and lower unit costs as additional kilns come online; breakeven reached in March 2026 with two kilns.
page 3Slower-than-planned refurbishment of the Limeco plant
The refurbishment programme advanced more gradually than initially anticipated; the group reported a loss of €2,487k in FY2025.
page 3Limeco achieved breakeven in March 2026 with only two kilns online; as additional kilns come into production, Limeco expects to benefit from greater economies of scale, lower unit costs and enhanced production flexibility.
page 3January 2026: the December 2025 placing (68,800,000 shares at £0.0125, €986k gross, £860k) was closed. Proceeds funded the exercise of the 5.5% Limeco option (US$981,667), taking the stake to 36.2%.
page 45EY (Kost Forer Gabbay & Kasierer, member of Ernst & Young Global) issued an unmodified opinion that the statements present fairly in accordance with IFRS as adopted by the EU. The report includes a 'Substantial Doubt About the Company's Ability to Continue as a Going Concern' section, citing the €1 million shareholder bridge loan maturing in May 2027 with no assurance that extension or repayment will be implemented. The audit is described as conducted under US GAAS. No key audit matters section is printed. The report is dated 'XX June 2026'. Management's going-concern note (p.13-14) states that the group expects to have adequate resources for at least 12 months, based on the December 2025 and April 2026 raises, but it also states that the matter raises substantial doubt.
page 5- Going-concern material uncertainty: the €1m shareholder bridge loan matures May 2027 (extended post period), and the auditor draws attention to substantial doubt about continuing as a going concern.p.5
- Limeco ramp-up: refurbishment is slower than planned, and profitability and positive operating cash flow are not assured.p.13
- Funding dependence: the group relies on equity placings and shareholder loans. Recent placings were at low share prices (£0.0125 to £0.01).p.33
- SPA payment default: a missed Limeco instalment triggers a 21-day cure, after which the Vendor may terminate the SPA and New Option. Clearglass only backstops missed payments by agreement.p.29
Read from C000473-AR-2025-website.
4 annual reports read, FY2021 to FY2025
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Company website (4)
FY2026Next report expected 5 Jul 2027
FY2024No annual report read for this year