AMG Critical Materials N.V. (AMVMF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone, and welcome to today's AMG Q3 2025 earnings conference call. At this time, all participants are in a listen-only mode. Later, you'll have the opportunity to ask questions during the question-and-answer session. You may register to ask a question at any time by pressing the star and 1 on your telephone keypad. Please note this call is being recorded, and I will be standing by if you should need any assistance. It is now my pleasure to turn the conference over to Thomas Svoboda. Please go ahead, sir. Yeah, thank you, Jen, and good afternoon, everyone. Welcome to IMG's third quarter 2025 earnings call. Joining me on this call are Dr. Heinz Schimmelbusch, the chairman of the management board and chief exec officer, Mr. Jackson Dunkel, the CFO, and Mike Connor, the Chief Corporate Development Officer. We published our third quarter 2025 earnings press release yesterday, along with a presentation for investors, both of which you can find on our website. They include our disclaimers about forward-looking data. Today's call will begin with a review of the third quarter 2025 business highlights, By Dr. Schimmelbusch, Mr. Conner will comment on strategy and Mr. Danko will comment on IMG's financial results. At the completion of Ms. Danko's remarks, Dr. Schimmelbusch will comment on outlook. We will then open the line to take your questions. I now pass the floor to Dr. Schimmelbusch, IMG's Chairman of the Management Board and Chief Executive Officer. Thank you, Thomas. Our Q3 adjusted EBITDA of $64 million represents a 58% increase versus Q3 last year, driven by continued momentum in AMG technologies with AMG Engineering's order backlog as well as profitability in AMG Antimony. On top of that, we benefited from a $5 million compensation settlement at AMG Ven...