American Rare Earths Limited reported earnings results for the full year ended June 30, 2023. For the full year, the company reported negative revenue was AUD 0.721789 million compared to revenue of AUD 2.17 million a year ago. Net loss was AUD 4.85 million compared to AUD 2.04 million a year ago.

Basic loss per share from continuing operations was AUD 0.0111 compared to AUD 0.0055 a year ago. Diluted loss per share from continuing operations was AUD 0.0111 compared to AUD 0.0055 a year ago.