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Atalaya Mining Copper (ATYM) investor relations material
Atalaya Mining Copper Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong Q3 and YTD 2025 operational and financial performance, with copper production of 12.1 kt in Q3 and 39.6 kt YTD, supporting full-year guidance.
Revenues rose to €106.8m in Q3 and €361.5m YTD, driven by higher sales volumes and copper prices.
EBITDA reached €30.7m in Q3 and €138.3m YTD, with a net cash position of €89.7m and working capital surplus of €93.1m.
Continued investment in key projects, including San Dionisio and Cerro Colorado, and board renewal with new appointments.
ESG focus continues, with community engagement, safety culture improvements, and solar plant at Riotinto reducing carbon footprint.
Financial highlights
Q3 2025 revenue: €106.8m (up from €86.8m Q3 2024); EBITDA: €30.7m (up from €17.0m); net profit: €10.8m (up from €1.5m); YTD revenue: €361.5m; EBITDA: €138.3m; net profit: €70.9m.
Free cash flow in Q3: €23.7m; YTD: €60.2m; cash at 30 Sept: €113.8m; net cash: €89.7m.
Cash flows from operations were €41.7m in Q3 and €120.0m YTD.
Q3 cash costs: $2.55/lb; AISC: $2.98/lb; YTD cash costs: $2.33/lb; AISC: $2.84/lb.
Dividend payments since 2021 total €84m, with €0.044/share interim dividend declared in August 2025.
Outlook and guidance
FY2025 copper production guidance maintained at 49,000–52,000 tonnes, with costs expected at the low end of $2.60–2.80/lb cash costs and $3.10–3.30/lb AISC.
Q4 production expected to be slightly lower due to scheduled maintenance, but costs anticipated to remain flat or slightly lower than Q3.
Non-sustaining capex for FY2025 expected at the high end of €29–37m; exploration spend guidance at €8–12m.
Guidance maintained for 2025, with continued focus on cost control and operational efficiency.
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