Mike Kozak
Analyst
Replay available
Caledonia Mining Corporation Plc (AMEX: CMCL) Q4 2025 earnings conference call, held 2026-03-23. Replay captured from the company's public earnings webcast.

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CFO
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Project Director, Bilbo’s
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WEBVTT 00:00:01.465 -- 00:00:06.673 Welcome to the Caledonia Mining Quarterly and Four Year Results 2025 presentation 00:00:06.673 -- 00:00:09.217 for analysts and investors. 00:00:09.217 -- 00:00:13.623 I would now like to hand you over to Mark Learmonth, who is the CEO. 00:00:13.623 -- 00:00:17.269 Mark, over to you. 00:00:17.269 -- 00:00:22.036 Good afternoon and welcome to this management conference call. 00:00:22.036 -- 00:00:26.923 If we could move to the first slide of the presentation, please. 00:00:26.923 -- 00:00:29.444 Just go to the disclaimer. 00:00:29.765 -- 00:00:35.494 So that's the standard disclaimer. If we could move on to the next slide, please. 00:00:35.494 -- 00:00:38.779 Presenting teams, there's me, Mark Learmon, Caledonia's chief executive. 00:00:38.779 -- 00:00:43.186 We're also joined by Ross Gerrard, who will run us through the financial performance 00:00:43.186 -- 00:00:49.315 for the year. Victor Capari will talk to us about what's happening at Bilbo's. 00:00:49.315 -- 00:00:54.944 And Craig Harvey will give us an update on the various exploration initiatives. 00:00:54.944 -- 00:00:58.452 If we could move on to the next slide, please. 00:00:58.452 -- 00:01:05.023 So just in terms of the summary of the results, it was very strong financial performance, 00:01:05.023 -- 00:01:11.353 underpinned by a higher gold price and some consistent operating delivery. 00:01:11.353 -- 00:01:14.996 Revenue up by 46% to $267 00:01:15.400 -- 00:01:21.166 million. Gross profit up by 78% to $137 00:01:21.250 -- 00:01:25.519 million. EBITDA up by 100% 00:01:25.519 -- 00:01:30.208 from just less than $60 million to just over $125 million. 00:01:30.208 -- 00:01:36.460 And the profit after tax up by 200% from $23 million to $67 00:01:36.460 -- 00:01:41.289 milli...