The Canadian lithium explorer reported a 28.6% year-over-year increase in net comprehensive loss for Q2 2025.
Grounded Lithium reported a Q2 2025 net comprehensive loss of $132.9K, widening 28.6% from $103.4K in the same period last year. The company did not disclose earnings per share, citing nil figures for basic and diluted shares.
Operating cash flow improved to $79.5K from a $45.7K outflow a year earlier. However, funds flow used in operations rose 16.1% year-over-year to $82.8K from $71.3K.
The results reflect ongoing operational challenges amid increased spending, though cash flow metrics showed some improvement.