Silvercorp Metals Inc. (SVM) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. Good afternoon. My name is Ludi, and I will be your conference operator today. At this time, I would like to welcome everyone to the SilverCorp fourth quarter and full year fiscal 2025 financial results conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press the star followed by the number one on your telephone keypad. If you would like to withdraw your question, please press star followed by the number two. Thank you. I would now like to turn the conference over to Lon Shaver, President of Silvercorp. Please go ahead, sir. Thank you, Ludi. On behalf of Silvercorp, I'd like to welcome everyone to the call today. Today, we'll discuss our fourth quarter and full fiscal 2025 financial results, which were released yesterday after market closed. A copy of our news release, the MD&A, and financial statements are available on our website and CDAR+. Before we jump in, please note that certain statements on today's call will contain forward-looking information within the meaning of securities laws. Additionally, please review the cautionary statements in our news release, as well as the risk factors described in our most recent regulatory filings. So let's kick off with the financial results. With our performance, things have been misunderstood by the market a bit today. We finished fiscal 2025 with our strongest ever fourth quarter, which was highlighted by silver production of 1.6 million ounces, up 42% from last year. We had revenues of 75 million, which was up 76% from last year, and cash flow from operating activities of 31 million, which was up 200% from last year. This perfor...