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Silvercorp Posts Impressive Financial and Operational Results for Fiscal Year 2025

Silvercorp Metals Inc. has reported its financial performance for the fiscal year ending March 31, 2025, showcasing significant growth and operational achievements. The Vancouver-based mining company, listed as SVM on TSX and NYSE American, revealed an adjusted net income of $75.1 million, or $0.37 per share, alongside an operating cash flow of $138.6 million.

Key Highlights of Fiscal Year 2025

• - The total ore processed during the year reached 1,312,695 tonnes, resulting in the production of approximately 7,495 ounces of gold, 6.948 million ounces of silver (equivalent to 7.589 million ounces of silver equivalent), 62.170 million pounds of lead, and 23.317 million pounds of zinc.
• - Annual revenue saw an upward shift to $298.9 million, reflecting a 39% increase year-over-year from $215.2 million in the previous fiscal year.
• - Total net income attributable to equity shareholders was reported at $58.2 million, which translates to $0.29 per share, a substantial rise from $36.3 million or $0.21 per share in 2024.

This substantial increase in financial performance can be attributed to both higher production levels and improved selling prices for the metals produced. Specifically, there was a 4% gain in gold production, alongside a 12% increase in silver output, marking a productive year for Silvercorp.

Q4 Fiscal 2025 Summary

In Q4 alone, Silvercorp processed 345,984 tonnes of ore, which resulted in the production of approximately 3,110 ounces of gold, 1.630 million ounces of silver, 16.262 million pounds of lead, and 4.404 million pounds of zinc. The company achieved a revenue of $75.1 million, which is significantly up from $42.7 million in the same quarter of the previous year.

Notably, the adjusted net income for Q4 was reported at $14.7 million (or $0.07 per share), reflecting an impressive 286% increase compared to $3.8 million in Q4 of the previous year. This remarkable surge can be attributed to a combination of factors, including effective management of operating costs and enhanced production efficiency.

Operational Insights

Throughout fiscal 2025, the company achieved a remarkable increase in ore processing efficiency and metals production:

• - Production data indicated 61% more gold and 42% more silver in Q4 compared to the same quarter in the previous year.
• - Cash costs per ounce of silver saw fluctuation; during the year it registered at a negative $0.54 as a result of increased by-product revenues, reflecting effective cost management strategies.

The company also made strategic investments in its operations, including $77.8 million capital expenditures toward the construction of new facilities and projects, aimed at sustaining its growth trajectory.

Long-Term Vision and Strategy

Silvercorp continues to focus on generating shareholder value through a robust strategy that includes:
1. Creating free cash flow from enduring mining operations;
2. Exploring organic growth through ongoing drilling to discover new resources;
3. Engaging in mergers and acquisitions to unlock additional value; and
4. Committing to responsible mining practices and excellence in environmental, social, and governance (ESG) standards.

With these results, Silvercorp is well-positioned to not only sustain its current success but to continue exploring further growth opportunities. The company’s management expressed optimism about future initiatives and projects, emphasizing their strategic roadmap that includes superior investment in exploration and development.

To discuss these results in detail, Silvercorp plans to host a conference call on May 23, 2025, at 9:00 AM PDT, to offer insights into their financial achievements and future plans.

For more insights and financial details about Silvercorp, visit their official website at www.silvercorpmetals.com.