Greenroc Strategic Materials plc AIM:GROC
- Incorporated
- United Kingdom
- Chief executive
- Dr Stefan Bernstein
- Employees
- 6
- Reports in
- GBP
- Companies House
- 13273964
Read straight from the annual reports
3.8p at close on 8 Oct 2026 · 5 reported years, 2021–2025
| Line | FY202111/21 | FY202211/22 | FY202311/23 | FY202411/24 | FY202511/25 | FY2026unreported |
|---|---|---|---|---|---|---|
| Operating profit | ||||||
| Exceptional items | — | |||||
| Net finance cost | — | |||||
| Profit before tax | ||||||
| Tax charge | ||||||
| Profit for the year | ||||||
| EBITDA | — | |||||
| Basic EPS | ||||||
| Diluted EPS | ||||||
| Dividend per share | — |
GBP millions, negatives in brackets. Per-share lines in pence, 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.
5 years, at a glance
C000567-AR-2025-ch
GreenRoc Strategic Materials Plc explores for graphite and other minerals in Greenland. For the year to 30 November 2025 it made a loss of £828k, up from £658k the year before. It has no sales yet, so its running costs drive the loss. The loss from day-to-day operations was almost unchanged. The previous year's final figure looked better partly because of a one-off tax benefit linked to writing down an asset. It ended the year with £184k in cash, up from £94k, after raising £1.2m from shareholders. Borrowings were just £13k and no dividend was paid. In October 2025 it signed a EUR 5.2m loan facility, which it first drew on after the year end. Management called 2025 "truly transformative". They pointed to EU backing for its projects and a 30-year mining licence granted in December 2025. New drilling at the Amitsoq graphite project is a priority for 2026. However, the auditor warned of a material uncertainty over whether the company can keep going: its cash is not enough for the next twelve months without more funding.
No revenue generated; administrative costs are the main P&L driver
As an explorer with assets in the exploration and development stage, the Group does not generate revenue and is reliant on external funding.
page 40Related-party fee reduction from Alba Mineral Resources
Fees to substantial shareholder Alba for technical/project services fell to £31k (2024: £91k).
page 11Immediate 2026 priorities: commencing Phase 3 drilling at Amitsoq to upgrade the JORC Resource and provide geotechnical data for the PFS; requesting PFS consulting proposals (PFS to commence towards end of 2026); progressing AAM pilot plant and HF-free purification process development; continuing environmental/social impact assessments; further engagement with potential off-takers and strategic partners.
page 9Auditor PKF Littlejohn LLP gave an unmodified opinion but drew attention to a 'Material uncertainty related to going concern' — current cash resources are insufficient to meet recurring outgoings and planned exploration activities for the next twelve months; directors' cash flow forecasts to 30 June 2027 rely on future funding options (EIFO, EUDP grants, equity raises, potential JV/divestment). Key audit matters: carrying value of intangible exploration assets (£10.3m) and carrying value of investments/intergroup loans at parent level. Materiality: Group £282,000 (3% of net assets).
page 28- Funding risk — ongoing requirement to raise equity capital with no certainty funds will be available when needed.p.10
- Resource risk — no projects currently have quantified mineral reserves/resources (except TBS); uncertainties in geological projection and commodity price assumptions.p.10
- Political risk — operating in Greenland carries risk of changes to taxation, legal framework, civil unrest and government expropriation of assets.p.10
- Internal controls and risk management risk — no system of internal financial control can provide absolute assurance against material misstatement or loss.p.10
Read from C000567-AR-2025-ch.
5 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: Companies House (5)
FY2026Next report expected 30 Apr 2027