- Silvercorp Metals (SVM, Financial) reported a 91% increase in adjusted net income to $75.1 million for fiscal 2025.
- Cash flow from operations grew by 51% to $138.6 million.
- Revenue surged by 39% to $298.9 million, driven by increased metal production and higher selling prices.
Silvercorp Metals Inc. (SVM), a leading Canadian mining company, announced robust financial results for its fiscal year ending March 31, 2025. The company achieved an adjusted net income of $75.1 million, or $0.37 per share, marking a significant 91% increase from the previous fiscal year. This growth underscores Silvercorp's strong operational performance and strategic positioning in the mining sector.
The company's revenue for fiscal 2025 reached $298.9 million, representing a 39% increase over the prior year. This was largely driven by enhanced metal production and favorable market conditions that improved sales prices. Notably, Silvercorp's silver production rose to 6.948 million ounces, achieving a negative cash cost of $0.54 per ounce and an all-in sustaining cost of $12.12 per ounce, net of by-product credits.
Moreover, Silvercorp ended the year with a healthy balance sheet, boasting cash and cash equivalents totaling $369.1 million, alongside equity investments valued at $70.9 million. This financial strength positions the company well for future growth opportunities, such as its completed acquisition of Adventus Mining for $181.3 million, which included $150.5 million in shared equity and $27.0 million in cash investments.
The fiscal year's operational achievements included processing 1,312,695 tonnes of ore, marking a 19% increase over the previous year, and successfully expanding production capacity with the completion of new infrastructure projects. Looking ahead, Silvercorp is well-positioned to leverage its solid financial base to enhance shareholder value through continued operational efficiencies and strategic investments.
