United States Antimony Corporation Reports Fiscal Year 2025 Financial and Operating Results

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Revenues Up 163% YOYGross Profit Up 185% YOY$354 Million in New Antimony Contracts Executed in 2025 “The Critical Minerals and ZEO Company”~ Antimony, Cobalt, Tungsten, and Zeolite ~ DALLAS, TX / ACCESS Newswire / March 19, 2026 / United States Antimony Corporation ("USAC", "US Antimony Corporation", or the "Company"), (NYSE:UAMY)(NYSE Texas:UAMY) reported today its fiscal year 2025 financial and operational results. Revenues in 2025 grew by $24.32 million, or 163%, to $39.26 million, compared to $14.94 million in 2024. Cost of revenues increased $17.91 million, or 156%, to $29.38 million in 2025. These two factors drove gross profit growth of $6.41 million, or a 185% increase to $9.87 million compared to $3.47 million in 2024. During 2025, gross margin improved by 2% to 25% compared to 23% in 2024. This improvement was realized prior to processing any of the Company's in-house antimony mined in Montana or antimony deliveries under our government contract, both of which is expected to further enhance margins going forward. Operating expenses were $18.33 million in 2025, which is an increase of $12.47 million compared to the prior year, $6.7 million of which was non-cash charges. The Company incurred a net loss of $4.34 million for the year ended December 31, 2025 compared to a net loss of $1.73 million in 2024. Included in the 2025 net loss was $6.7 million of net non-cash items, which consisted primarily of $7.08 million of non-cash share-based compensation expense, $1.3 million related to an increase in the IVA refund reserve, and $1.17 million of non-cash depreciation and amortization expense, partly offset by $3.32 million of unrealized gain on an investment in equity securities. Antimony revenue increased $24.3 million, or 219%, to $35.4 million in 2025 compared to $11.1 million in the prior year. The increase was primarily driven by a 230% increase in the average selling price per pound as strong market demand and limited supply for antimony in 2025 drove prices higher. Zeolite revenue increased $0.4 million, or 14%, to $3.4 million in 2025 compared to $2.9 million in 2024, reflecting an 8% increase in sales volume and a 6% increase in average sales price per ton. The Company's cash position, including its investment in U.S. Treasury securities and investment in equity securities, totaled $91...

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