Altius Minerals Corporation (ALS) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Altius Q4 and Year End twenty twenty five Financial Results Conference Call and Webcast. At this time, all lines are in a listen only mode. Following the presentation, we will conduct a question and answer session. Also note that this call is being recorded on Wednesday, 03/11/2026. I would now like to turn the conference over to Flora Wood, VP, Investor Relations and Sustainability. Please go ahead. Thank you, Sylvie. Good morning, everyone, and welcome to our Q4 and year end twenty twenty five conference call. Our press release and filings were released yesterday after the close and are available on our website. We also filed our AIF last night. This event is being webcast live, and you'll be able to access a replay of the call along with the presentation slides that have been added to altiusminerals.com. Brian Dalton, CEO and Stephanie Hussie, CFO will be speakers on the call. The forward looking statement on slide two applies to everything we say, both in our formal remarks and during the Q and A session. And with that, Stephanie is up first to take us through the numbers. Thank you, Flora, and good morning, everyone. Yesterday, we reported Q4 net earnings of $22,500,000 or $0.48 per share and full year net earnings of $299,000,000 or $6.45 per share. Net earnings were mainly impacted by the $375,000,000 gain on the sale of the Arthur Gold royalty interest. We had lower amortization, interest, other costs, partially offset by an increased loss from joint venture. The Corporation also recognized a $64,000,000 gain during the year in other comprehensive earnings following the Origin Triple Flag Plan of Arrangement. Royalty revenue and adjusted EBITDA for Q4 and the year reflect higher potash and base metal pric...