Business
2024 Annual Results
2024 Annual Results.
About this update from Atalaya Mining Copper Sa
[{"type":"text","content":"\n\n \n18 March 2025\nAtalaya Mining Copper, S.A.\n(\"Atalaya\" or \"the Company\")\n2024 Annual Results\nTransition year lays the foundation for key project catalysts in 2025\n \nAtalaya Mining (LSE: ATYM) is pleased to announce its audited consolidated financial results for the year ended 31 December 2024 (\"FY2024\" or the \"Period\").\nHighlights\n· Copper production of 46.2 kt with cash costs of $2.92/lb and AISC of $3.26/lb, highlighting good control of absolute costs\n· EBITDA of €66.4 million and cash flows from operating activities of €53.4 million supported balance sheet during period of continued investment\n· Net cash position of €35.1 million and unsold concentrate valued at €19.7 million\n· Improving sustainability performance, including a reduced lost time injury frequency rate and lower water and electricity consumption rates\n· Proyecto Touro permitting process is advancing following the award of strategic industrial project status by the Xunta de Galicia in June 2024\n· Completed move to Main Market and re-domiciliation to Spain, which facilitated the pending inclusion in the FTSE All-Share Index\n· Final dividend of $0.03/sh proposed, bringing the full year total to $0.07/sh\n· Positive start to year supports copper production outlook of 48 - 52 kt for 2025\no Lower cash costs expected along with further investments in higher grade deposits such as San Dionisio and Masa Valverde\nQ4 2024 and FY2024 Operating Results Summary\n\n\n\n\nPeriod ended 31 Dec\n\n\nUnit\n\n\nQ4 2024\n\n\nQ4 2023\n\n\nFY2024\n\n\nFY2023\n\n\n\n\nRevenues from operations\n\n\n€k\n\n\n77,852\n\n\n85,591\n\n\n326,797\n\n\n340,346\n\n\n\n\nOperating costs\n\n\n€k\n\n\n(65,172)\n\n\n(71,703)\n\n\n(260,441)\n\n\n(267,246)\n\n\n\n\nEBITDA\n\n\n€k\n\n\n12,680\n\n\n13,888\n\n\n66,356\n\n\n73,100\n\n\n\n\nProfit for the period\n\n\n€k\n\n\n14,922\n\n\n5,215\n\n\n32,560\n\n\n36,663\n\n\n\n\nBasic earnings per share\n\n\n€ cents/share\n\n\n8.7\n\n\n4.5\n\n\n22.6\n\n\n27.7\n\n\n\n\nDividend per share (1)\n\n\nUS$/share\n\n\nn/a\n\n\nn/a\n\n\n0.07\n\n\n0.09\n\n\n\n\nCash flows from operating activi...