Rome Resources plc
Rome Resources Plc (formerly Pathfinder Minerals Plc; renamed 26 July 2024 following a reverse takeover) is an AIM-quoted, pre-revenue mineral exploration and evaluation company focused on tin, copper, zinc and silver assets at its flagship Bisie North Project (Kalayi and Mont Agoma deposits) in the Democratic Republic of Congo, 8km along strike from the Alphamin Bisie tin mine. It also holds an early-stage option over tin-tungsten-molybdenum-indium exploration licences in New Brunswick, Canada, entered into post year-end.
FY2025 in sixty seconds
year to 31 Dec 2025 · approved 24 Jun 2026 · 50 pages · Companies House
Rome Resources Plc explores for tin, copper, zinc and silver in the Democratic Republic of Congo and does not yet sell anything. It had no revenue in either year, and its loss after tax narrowed to £1.3m in 2025 from £4.8m the year before.
The earlier loss included a one-off accounting charge for the 2024 reverse takeover that gave Rome its stock market listing, and that period also ran 15 months rather than 12. Running costs fell too. The company spent £2.9m on exploration, largely drilling, and raised £2.1m by selling new shares. Year-end cash was £1.4m, down from £4.5m, and it owes £248k on an interest-free loan from a shareholder. No dividend is proposed.
Management expects an updated estimate of its Kalayi tin deposit in mid-2026, after drilling finished in April 2026, and agreed to raise a further £1.59m from new shares that month. The auditor flagged serious doubt about whether the company can keep going without more money, which it expects to need in early 2027. Unrest in eastern Congo forced a roughly 40-day shutdown in 2025.
Administrative expenses reduced year-on-year (£1,359k vs £2,326k for the longer 15-month 2024 period)
Operating loss driven by administrative expenses only, down from £2,326k (15 months) to £1,359k (12 months)
page 26The Board anticipates that the updated Mineral Resource Estimate will be completed mid-2026, following receipt of the assays from the 2025/2026 drill campaign that completed in April 2026, focused on Kalayi. The Company is participating in an airborne geophysical survey around the northern margin of the Bisie tin granite anticipated to identify drilling extensions and further exploration targets around Kalayi and Mont Agoma.
page 5Improved drilling performance and reduced per-metre drilling cost
Drilling performance greatly improved following addition of an external drilling supervisor and alternative drilling crews, reducing delays from spare-part logistics and improving overall drilling rates and per-metre cost
page 612 years on one page · FY2015–FY2025
| Line | FY2015locked | FY2016locked | FY2017locked | FY2018locked | FY2019locked | FY2020locked | FY2021locked | FY2022locked | FY2023locked | FY202312/23 | FY202412/24 | FY202512/25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating profit | ||||||||||||
| Profit for the year | ||||||||||||
| Basic EPS | ||||||||||||
| Free cash flow | ||||||||||||
| Net debt (negative = net cash) | ||||||||||||
| Shares in issue | ||||||||||||
| Return on capital employed | — |
GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. 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.
18 figures restated in a later report
Every figure is read again from the following year’s report: 172 confirmed, 12 differ, 18 restated.
No figure has been restated: every figure a later report printed again, it printed the same.
18 more figures were restated in FY2015 to FY2023, which a free account opens.