Central Asia Metals plc (CAML) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon ladies and gentlemen and welcome to the Central Asia Metals PLC full year results investor presentation. Questions are encouraged, they can be submitted at any time via the Q&A tab that is just situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself, however the company can review all questions submitted today and will publish those responses where it is appropriate to do so on the InvestorMeet company platform. Before we begin, as usual, we would just like to submit the following poll, and if you could give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to the executive management team from Central Asia Metals PLC. Gavin, good afternoon, sir. Good afternoon, everyone, and thank you for joining us in this presentation of Central Asia Metals' annual results for 2025. I'll start by giving you a snapshot of the results for the end of the year. We have solid business with strong underlying operational performance during the year. And these have driven a really solid set of financial numbers. What you can see on your screen there is the production achieved at Qunrad in Kazakhstan in Sassa, North Macedonia. We produced 13,311 tons. of copper during the year, 17,881 tons of zinc and 25,156 tons of lead. The revenue generated from the sales of those metals amounted to $230 million for EBITDA of $102 million and an EBITDA margin of 44%. Cash in the bank at the end of the year was $80 million and that was generated by free cash flow of $56 million. which in turn translates into a final dividend, which we intend to pay, of 7.5p, taking the total dividen...