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2024 Full-Year Results

2024 Full-Year Results.

articleCentral Asia Metals PlcMarch 20, 20253/company/central-asia-metals-plc/news/2024-full-year-results-24
2024 Full-Year Results

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[{"type":"text","content":"\n\n\n \n\n\n\n\n\n\n20 March 2025\n \nCentral Asia Metals Plc\n(the 'Group', the 'Company' or 'CAML')\n2024 Full-Year Results\nCentral Asia Metals Plc (AIM: CAML) is pleased to announce its full-year results for the 12 months ended 31 December 2024 ('2024' or 'the period').\nFinancial summary\n-         Strong financial performance\no  Group revenue of $214.4 million (2023 restated1: $203.5 million)\no  Group earnings before interest, tax, depreciation and amortisation (EBITDA2) of $101.8 million (2023 restated: $101.0 million)\no  EBITDA margin2 of 47% (2023 restated: 50%)\no  Group free cash flow (FCF2) of $65.7 million (2023 FCF: $57.5 million)\no  2024 full year dividend of 18 pence per share (2023: 18 pence)\n-         Flexible balance sheet\no Debt free\no At 31 December 2024, cash in the bank of $67.6 million3 (31 December 2023: $57.2 million)\no Providing a strong platform for growth\nOperational summary\n-         Kounrad copper production of 13,439 tonnes (2023: 13,816 tonnes) and sales of 13,521 tonnes (2023: 13,687 tonnes)\n-         Sasa zinc-in-concentrate production of 18,572 tonnes (2023: 20,338 tonnes) and payable zinc sales of 15,839 tonnes (2023: 17,113 tonnes)\n-         Sasa lead-in-concentrate production of 26,617 tonnes (2023: 27,794 tonnes) and payable lead sales of 25,560 tonnes (2023: 26,298 tonnes)\n-         Two Group Lost Time Injuries (LTI); Group Lost Time Injury Frequency Rate (LTIFR4) of 0.77 (2023: 0.40)\n-         Investment of $3.8 million in Aberdeen Minerals ('Aberdeen'), with results from first-phase drilling validating the exploration model at the Arthrath project in Scotland\n-         Exploration licences secured in Kazakhstan through CAML Exploration (CAML X), an 80%-owned subsidiary\n-         Achieved conformance with the Global Industry Standard on Tailings Management (GISTM), ensuring tailings storage meets the highest standards of international best practice\n1.     See Not...

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