SERABI GOLD PLC

1. SERABI GOLD PLC 2011-10-14 → present
2. SERABI MINING PLC 2005-03-17 → 2011-10-14
3. SERABI MINING LIMITED 2004-05-18 → 2005-03-17

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“We have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. SERABI GOLD PLC · parent
   1. Serabi Mineração SA 100% · Brazil · Gold mining and exploration
   2. Kenai Resources Ltd 100% · British Columbia, Canada · Investment
   3. Gold Aura do Brasil Mineração Ltda 99.9% · Brazil · Gold mining and exploration
   4. Serabi Mining Ltd 100% · British Virgin Islands · Investment
   5. Chapleau Resources Ltd 100% · British Colombia, Canada · Investment
   6. Chapleau Resources (USA) Inc 100% · Alaska, USA · Gold exploration
   7. Chapleau Exploração Mineral Ltda 100% · Brazil · Gold mining and exploration
   8. Serabi Gold Nominee Limited 100% · England · Dormant

Significant events

• “Serabi kicked off the year with the announcement of the results of the 2-year trial mining license assignment to the group from the Brazilian National Mining Agency”
• “In January 2024, the Group announced the receipt of a 3-year extension to the trial mining license ('GUIA') for Coringa”
• “On 7 January 2024, the Group completed a US$5.0 million unsecured loan arrangement with Brazilian bank Itaú which carried a fixed interest coupon of 8.47 per cent. The loan was repaid as a bullet payment on 6 January 2025.”
• “On 22 January 2025, the Group completed a further US$5.0 million unsecured loan arrangement with a different Brazilian bank (Santander) which carries a fixed interest coupon of 6.16 per cent.”
• “During the first quarter of 2025, the Company announced the issuance of a further 543,017 Conditional Share Awards to employees (including directors) of the Company.”
• “one fatality at the Palito mine in 2024”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +48.4%

  £47,225,699 → £70,078,867

• Cash

  +92%

  £8,563,403 → £16,444,069

• Net assets

  +12.3%

  £68,785,804 → £77,228,802

• Employees

  +31.1%

  655 → 859

• Operating profit

  +318.7%

  £5,592,758 → £23,415,119

• Profit before tax

  +295.2%

  £6,054,761 → £23,926,624

• Wages

  +43.7%

  £10,679,974 → £15,349,783

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers