The commodities company Nidhogg Resources reports, as planned, modest revenue for the extended 18-month fiscal year, July 2024 to December 2025. Revenue amounted to SEK 0.1 million (0.1) while profit after tax deteriorated to SEK -4.4 million (-4.0). Cash and cash equivalents amounted to SEK 1.0 million (1.2) at the end of the period.Nidhogg Resources has previously used a non-calendar fiscal year, which is uncommon on the Swedish stock exchange. It is primarily retail and apparel companies that use it in order to include the important Christmas shopping season, where some sales take place in January. "Our focus going forward is to take the next step in the development of our iron, manganese and silicon ore projects through structured project planning, targeted capital raising anda continued constructive dialogue with authorities and potential industrial partners," says CEO Niclas Biörnstad.He continues. "The projects are located in an internationally recognized and attractive jurisdiction with well-developed infrastructure, high transparency and a clear regulatory framework. In a situation where geopolitical uncertainty and security of supply are high on the global agenda, our existing assets are strategically well positioned to meet increased demand for domestically produced raw materials."In parallel, Nidhogg Resources intends to realize its growth strategy by selectively incorporating additional projects that strengthen the portfolio and create economies of scale for the business.