Business
Itafos Q4 2025 and Full Year 2025 Operational and Financial Results - A Year of Superior Execution
HOUSTON, March 18, 2026 (GLOBE NEWSWIRE) -- Itafos Inc. (TSX-V: IFOS) (OTCQX: ITFS) (the “...
About this update from Itafos Inc
[{"type":"text","content":"Itafos Q4 2025 and Full Year 2025 Operational and Financial Results – A Year of Superior Execution\nHOUSTON, March 18, 2026 (GLOBE NEWSWIRE) -- Itafos Inc. (TSX-V: IFOS) (OTCQX: ITFS) (the “Company” or “Itafos”) today reported its Q4 2025 and full year 2025 financial results and provided a corporate update. The Company’s financial statements and management’s discussion and analysis for the three months and year ended December 31, 2025 are available under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.itafos.com. All figures are in thousands of US Dollars except as otherwise noted. A recorded webcast of management’s commentary reviewing the Q4 2025 financial results and an update on the business will be available on the Company’s website on Monday, March 23, 2026 (see details below). CEO Commentary Chief Executive Officer David Delaney commented, “we are pleased to report another quarter and year of successful operating results for the Company. We set Itafos production records at both Conda and Arraias during the year while maintaining US industry-leading operating rates. For the full year, we recorded total revenues of $558 million, an increase of 14% compared to 2024, and adjusted EBITDA of $159 million, down slightly from 2024 driven by higher raw material input costs. From a fundamental perspective, we believe phosphate prices will be supported by a tight supply demand balance, lack of incremental capacity additions, and steady growth in traditional fertilizer uses and increasing demand from alternative downstream markets. The ongoing conflict in Iran has had an immediate impact on global supply chains resulting in higher prices for both the products we sell and the raw materials we consume. We have been taking and continue to take measures to benefit from what we see as a compelling long-term fundamental backdrop for our industry that we believe has been created and will continue to create meaningful value for our shareholders. The magnesium oxide reduction project (the “MgO Reduction Project”) at Conda is designed to maintain operating rates as we transition to our new mines and through our ongoing exploration activities we hope to increase our reserve base to add mine life into the back...