SILVERCORP REPORTS ADJUSTED NET INCOME OF $75.1 MILLION, $0.37 PER SHARE, AND CASH FLOW FROM OPERATIONS OF $138.6 MILLION FOR FISCAL 2025

Core Insights - Silvercorp Metals Inc. reported significant financial results for Q4 Fiscal 2025 and Fiscal 2025, with notable increases in revenue and production metrics, despite a net loss in Q4 [1][2][12] Financial Results - Q4 Fiscal 2025 revenue was $75.1 million, a 76% increase from $42.7 million in Q4 Fiscal 2024, driven by higher production and selling prices of metals [10][11] - For Fiscal 2025, total revenue reached $298.9 million, up 39% from $215.2 million in Fiscal 2024, attributed to increased production and selling prices across gold, silver, lead, and zinc [14][12] - Net income attributable to equity shareholders for Q4 Fiscal 2025 was a loss of $7.6 million, compared to a profit of $5.5 million in Q4 Fiscal 2024 [8][12] - Adjusted net income for Q4 Fiscal 2025 was $14.7 million, a 286% increase from $3.8 million in Q4 Fiscal 2024, after excluding certain charges [9][12] Operational Results - In Q4 Fiscal 2025, the company processed 345,984 tonnes of ore, a 46% increase from 237,493 tonnes in Q4 Fiscal 2024 [17][18] - Gold production in Q4 Fiscal 2025 was 3,110 ounces, a 62% increase, while silver production was 1.630 million ounces, a 42% increase compared to Q4 Fiscal 2024 [18][22] - For Fiscal 2025, total ore processed was 1,312,695 tonnes, a 19% increase from 1,106,195 tonnes in Fiscal 2024 [21][22] Cost Metrics - Cash cost per tonne of ore processed in Q4 Fiscal 2025 was $83.36, nearly unchanged from $84.31 in Q4 Fiscal 2024, while the all-in sustaining cost (AISC) was $132.50, down 8% from $143.38 [19][20] - The cash cost per ounce of silver, net of by-product credits, was $2.49 in Q4 Fiscal 2025, up from $1.22 in Q4 Fiscal 2024 [20][19] - For Fiscal 2025, the AISC per ounce of silver was $12.12, a 7% increase from $11.38 in Fiscal 2024 [25][24] Capital Expenditures - Total capital expenditures for Fiscal 2025 were $86.6 million, a 35% increase from $64.0 million in Fiscal 2024, reflecting investments in infrastructure and projects [26][27] - The company spent $9.9 million on exploration and development in China and $3.1 million on the El Domo project during Q4 Fiscal 2025 [6][27] Financial Position - As of March 31, 2025, cash and cash equivalents totaled $369.1 million, a 100% increase from $184.9 million a year earlier [11][12] - The company also holds a portfolio of equity investments valued at $70.9 million [11][12]