Enaex (ENAEX) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2025, reached $1,565.1 million, up from $1,413.0 million year-over-year.

• Net income attributable to owners was $139.2 million, compared to $117.7 million for the same period last year.

• The group operates globally, with significant expansions in Latin America, Australia, Africa, and Europe through acquisitions and organic growth.

Financial highlights

• Gross profit increased to $373.8 million from $340.2 million year-over-year.

• Operating income rose to $221.6 million from $196.4 million year-over-year.

• Cash and cash equivalents at period end were $211.1 million, down from $252.6 million at the previous year-end.

• Total assets grew to $2,031.0 million from $1,882.3 million at December 31, 2024.

• Total equity increased to $1,026.2 million from $900.8 million at year-end 2024.

Outlook and guidance

• The company continues to focus on global expansion and technological innovation in mining services.

• Ongoing investments in digital mining solutions and blasting technology are expected to support future growth.