)

AMG Critical Materials (AMG) investor relations material
AMG Critical Materials Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q2 2025 revenue rose 20% year-over-year to $439 million, with adjusted EBITDA up 79% to $71 million, marking the highest quarterly adjusted EBITDA since Q4 2023, driven by strong AMG Technologies and Antimony segments.
Net income attributable to shareholders was $12 million, reversing an $11 million loss in Q2 2024, reflecting a significant profitability recovery.
Diversified platform across upstream, midstream, and refining provides resilience to geopolitical and regulatory shifts.
No material negative direct effects from tariffs or trade barriers; operations benefit from critical materials within domestic value chains.
Robust liquidity position of $462 million supports ongoing growth initiatives and capital projects.
Financial highlights
Adjusted EBITDA reached $71 million in Q2 2025, up from $39 million in Q2 2024.
Revenue increased to $439 million, a 20% rise compared to Q2 2024.
Return on capital employed was 14.9%, the highest since Q4 2023.
Ended quarter with $502 million net debt, $262 million in unrestricted cash, and $200 million available on revolving credit facility.
SG&A expenses rose 28% year-over-year, mainly due to increased headcount and a non-recurring executive retirement benefit.
Outlook and guidance
Adjusted EBITDA outlook for 2025 raised to $200 million or more, up from previous guidance, reflecting strong first-half performance and antimony inventory sales.
Capital expenditures expected to remain in the $75–100 million range for 2025, signaling the end of a heavy capital expansion phase.
Focus remains on disciplined, sustainable growth as market prices recover.
Anticipates higher cash flow in the second half of the year, with a chance to reach free cash flow breakeven for FY 2025.
Management notes ongoing global economic and market uncertainties.
Next AMG Critical Materials earnings date

Next AMG Critical Materials earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage