Perseus Mining Delivers Record Financial Results and Capital Returns

Core Viewpoint - Perseus Mining Limited has reported record financial results for the fiscal year ending June 30, 2025, driven by elevated gold prices and strong operational performance, leading to increased capital returns to shareholders through dividends and share buybacks [6][7]. Financial Performance - Profit after tax (PAT) reached US$421.7 million (A$651.0 million), a 16% increase from the previous year [4]. - Revenue increased by 22% to US$1.248 billion (A$1.927 billion) [4]. - EBITDA rose by 18% to US$740.3 million (A$1,142.8 million) [4]. - Basic earnings per share (EPS) increased by 14% to US$0.270 (A$0.417), resulting in a P/E ratio of 8.8 [4]. - Operating cash flow was US$536.7 million (A$828.4 million), a 25% increase, equating to US$0.391 (A$0.604) per share [4]. - Net tangible assets (NTA) amounted to US$1.9 billion (A$2.9 billion), or US$1.40 (A$2.14) per share, a 52% increase from the previous year [13]. Capital Returns - A final dividend of A$0.05 per share was declared, bringing the total dividend for FY25 to A$0.075 per share, a 50% increase from FY24 [4][7]. - The company plans to invest up to A$100 million in a share buyback program over the next 12 months [4][15]. Sustainability Performance - The company contributed approximately US$813 million to host countries, including Tanzania and Sudan, with 94% local employment and 88% local procurement [5]. - Perseus reported a Total Recordable Injury Frequency Rate (TRIFR) of 0.60, a 43% improvement from FY24, indicating strong safety performance [23]. - Community contributions totaled US$5.6 million in Côte d'Ivoire and Ghana [5][24]. Outlook - Gold production and cost guidance for FY2026 remain unchanged, with expected production of 400,000 to 440,000 ounces and all-in site costs ranging from US$1,460 to US$1,620 per ounce [22].