Silvercorp Metals Inc. reported record-breaking financial and operating results for the fiscal year ended March 31, 2025. Revenue for Fiscal 2025 soared to $298.9 million, a 39% increase from $215.2 million in Fiscal 2024, driven by higher metal prices and increased sales volumes.
Net income attributable to equity shareholders for the year was $58.2 million, or $0.29 per share, marking a 60% increase from $36.3 million, or $0.21 per share, in Fiscal 2024. Adjusted basic earnings to equity shareholders reached $75.1 million, or $0.37 per share, up 91% from $39.3 million, or $0.22 per share, in the prior year.
Cash flow generated from operating activities significantly increased by 51% to $138.6 million compared to $91.6 million in Fiscal 2024. The company ended the fiscal year with a robust cash, cash equivalents, and short-term investments balance of $369.1 million, a 100% increase from March 31, 2024. Capital expenditures for the year totaled $86.6 million, a 35% increase, primarily directed towards the completion of the No. 3 tailings storage facility and a new 1,500 t/d flotation mill line at the Ying Mining District, as well as initial investments in the El Domo and Condor projects.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.