FY2026 Financial Results Overview

PERTH, Australia, Aug. 25, 2026 (GLOBE NEWSWIRE) — Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (“ Paladin ”, the “ Company ” or the “ Group ”) advises that it has released the 2026 Annual Report to Shareholders & Appendix 4E, the Annual Information Form ( AIF ) for the year ended 30 June 2026 and the Management Discussion and Analysis ( MD&A ) for Paladin Energy Ltd and its controlled entities for the three and twelve month periods ended 30 June 2026 ( FY2026 Financial Results ).

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FY2026 financial performance reflected the successful ramp-up of LHM with higher uranium production and sales volumes driving a significant increase in revenue. Sales revenue increased to US$304.3M (FY2025: US$177.7M), supported by sales of 4.35Mlb U 3 O 8 at an Average Realised Price of US$70.0/lb. Cost of sales increased to US$250.0M (FY2025: US$191.7M).

The improved operating performance resulted in a gross profit of US$52.2M, compared with a gross loss of US$26.1M in FY2025.

Net loss after tax improved to US$9.1M, compared with a loss of US$76.5M in FY2025. The improvement was driven by stronger earnings contribution from LHM, partially offset by an US$8.6M increase in general administration costs associated with the increased scale and complexity of the business, and a US$6.1M impairment of exploration assets, US$5.7M of which relates to the rationalisation of Michelin Project tenements.

Total unrestricted cash and investments increased to US$265.0M at year end (30 June 2025: US$89.0M) and comprised US$151.9M of cash and cash equivalents and US$113.0M of short-term investments.