Iofina CEO: 2025 revenue to exceed $65m - ICYMI
AST SpaceMobileAST SpaceMobile(US:ASTS) Proactiveinvestors NA·2026-01-17 07:47

Core Viewpoint - Iofina PLC achieved record-breaking performance in 2025 with a 17% increase in iodine production year-on-year, driven by operational discipline and reinvestment into the business [1][5][6] Production and Financial Performance - The company produced 743 metric tons of crystalline iodine in 2025, up from 634 metric tons in 2024, with projected revenue exceeding $65 million and EBITDA above $11 million [2][7][8] - Iodine pricing remained steady above $70 throughout 2025, with strong demand for both raw iodine and iodine derivatives [3][7] Strategic Growth Plans - Iofina is constructing a new iodine plant in the Permian Basin, expected to be the largest in its portfolio, with an annual production capacity of 170 to 220 metric tons [4][11] - The expansion is primarily funded through internal cash flows, minimizing debt, indicating a solid business plan and financial strategy [12]

AST SpaceMobile-Iofina CEO: 2025 revenue to exceed $65m - ICYMI - Reportify