)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Fortuna Mining (FVI) investor relations material
Fortuna Mining Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Achieved strong operational and financial results in Q3 2025, with record safety performance (TRIFR 0.86, zero lost time injuries) and robust cash flow, supporting future growth initiatives.
Attributable net income was $123.6 million ($0.40/share), including a $69–70 million impairment reversal at Lindero; adjusted net income was $0.17/share, impacted by higher share-based compensation and FX losses.
Free cash flow from operations reached $73.4 million, with net cash from operating activities before working capital at $113.9 million ($0.37/share), exceeding analyst consensus.
Liquidity at quarter-end was $588 million, with a net cash position of $266 million, enabling pursuit of high-value growth opportunities.
Remained on track to meet annual production and AISC guidance for 2025, supported by higher gold prices and consistent mine performance.
Financial highlights
Q3 2025 sales from continuing operations reached $251.4 million, up 38–40% year-over-year.
Realized average gold price was $3,467/oz, up 5% sequentially and 20–39% year-over-year.
Adjusted EBITDA was $130.8 million, margin 52–58%, up 35% year-over-year.
Adjusted net income was $51 million ($0.17/share), up 56–70% year-over-year.
Free cash flow from operations was $73.4 million, up from $57.4 million in Q2 and $30.4 million in Q3 2024.
Outlook and guidance
On track to meet 2025 annual production guidance of 309–339 GEO at an AISC of $1,670–$1,765/GEO.
Séguéla expected to exceed upper production guidance for 2025 and targeting 160,000–180,000 ounces in 2026.
Diamba Sud (Ambasud) Gold Project advancing toward a construction decision in H1 2026, targeting 150,000 oz/year average gold production for first three years.
All-in sustaining costs at Séguéla expected to be $1,600–$1,700/oz as investments complete; Lindero AISC stabilizing at $1,500/oz.
Full-year capital expenditures revised upward to ~$190–195 million, reflecting increased exploration and project development.
Diamba Sud: Annual gold production outlook
Séguéla AISC stabilization post-investment
Séguéla plant throughput expansion plans
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Fortuna Mining earnings date
Q4 20254 Mar, 2026
Next Fortuna Mining earnings date
Q4 20254 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, 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.
)
Leroy DaleyApp Store
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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.
Leroy DaleyApp Store
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Fortuna Silver Mines Inc is a Canadian mining company engaged in the exploration, extraction, and processing of precious and base metals. Its operations include silver, gold, and lead-zinc mines located in Latin America and West Africa. The company also conducts exploration and development activities across its portfolio. Fortuna Silver Mines Inc is headquartered in Vancouver, Canada, and its shares are listed on the TSX.
Quartr provides global coverage of all investor relation material from public companies.
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.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage