Alkane Resources Limited reported consolidated revenue of $147.2 million for the first quarter ended 30 September 2025, up from $62.3 million in the same period last year. Adjusted EBITDA was $36.9 million, compared to $22.2 million in Q1 2025. Adjusted net profit was $2.3 million, down from $11.3 million, while the company recorded a consolidated net loss of $2.7 million versus a net profit of $11.3 million in the previous year. Capital expenditure totaled $28.6 million, compared to $39.5 million in Q1 2025. The increase in revenue was attributed to higher production and sales following the addition of Costerfield and Björkdal to Alkane's portfolio, as well as higher realised gold prices. Alkane ended the quarter with $191 million in cash, bullion, and liquid investments, after a $45 million debt repayment and $25 million in one-off transaction and tax costs related to the combination with Mandalay. Gold production at Tomingley was 18,335 ounces, similar to 18,418 ounces in Q1 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alkane Resources Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9575064-en) on November 13, 2025, and is solely responsible for the information contained therein.
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