Evolution Mining Limited (EVN) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Evolution Mining FY25 Full Year Financial Results. All participants are in listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Mr. Laurie Conway, Managing Director and Chief Executive Officer. Please go ahead. Thank you Kayleigh and good morning everyone. I'm joined on the call today by Matt O'Neill, our Chief Operating Officer and Peter O'Connor, our GM, Investor Relations. Today we released our FY25 full year financial results and an excellent set of results they are with many new records established and increased returns for our shareholders. These results were achieved through the efforts of our employees and contractors who I sincerely thank for their contribution during the year. To release our financial results today has also taken many long hours by the finance and investor relations team, so an extra special thanks to them. I'll be talking to the presentation we released on the ASX this morning. Slide 3 summarises well the benefits of safely delivering to guidance, maintaining a strong cost and capital discipline and banking the cash in a high middle price environment. Our statutory profit was up 119% to $926 million and our underlying profit doubled to $958 million. Our earnings per share of $0.46 per share was up 111%. All of these are records. EBITDA or operating cash flow was also a record at $2.2 billion at a very strong margin of 51%. A group cash flow of nearly $800 million was a record and an improvement of 114% on last year against only a 35% increase in the gold price. With the improvement in cash flow...