Catalyst Metals (CYL) H1 2026 earnings summary

Executive summary

• Achieved profit after tax of $59.7M for the half-year ended 31 Dec 2025, up from $46.3M year-over-year.

• Focused on a three-year organic growth strategy to double production across the Plutonic Gold Belt.

• Commenced open pit mining at Trident and resolved a historical legal dispute at K2, enabling further development.

• Sold 45,586oz of gold at an average price of $5,855/oz, with a 9% increase in gold sold compared to the prior six months.

Financial highlights

• Revenue from continuing operations rose to $267.8M from $178.0M year-over-year.

• Gross profit increased to $134.4M from $71.7M year-over-year.

• EBITDA for the period was $96.5M.

• Cash and cash equivalents at period end were $227.5M, up from $218.1M at 30 June 2025.

• Net assets increased to $581.3M from $470.7M at 30 June 2025.

Outlook and guidance

• Aims to double production across the Plutonic Gold Belt over the next three years.

• Ongoing $90M FY26 drilling program to grow reserves and extend mine life.