June 2025 Trading Update Presentation

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Stock Chrysos Corporation Ltd (C79.ASX)
Release Time 12 Aug 2025, 10 a.m.
Price Sensitive Yes
 June 2025 Trading Update Presentation
Key Points
  • 46% growth in FY25 revenue to $66.1m and 80% growth in EBITDA to $16.1m
  • 40 PhotonAssay units deployed, with 11 new units added in FY25
  • Expanded partnerships with major miners including Newmont, Barrick, Agnico Eagle, and Kinross
Full Summary

Chrysos Corporation Ltd, a provider of innovative assay services and technologies, reported robust growth in its FY25 financial and operational performance. The company's unaudited revenue grew by 46% to $66.1 million, while EBITDA increased by 80% to $16.1 million, reflecting the growing adoption of its PhotonAssay technology. International (non-APAC) revenue now accounts for 65% of total revenue, demonstrating the global reach of Chrysos' solutions. The company deployed 11 new PhotonAssay units in FY25, bringing the total to 40 units across four continents. Chrysos has actively engaged with 70% of the world's top 20 gold miners, including securing a Master Services Agreement with Newmont Corporation, the world's leading gold company, to use PhotonAssay for its mining projects. The company also expanded its partnerships with other major miners such as Barrick, Agnico Eagle, Kinross, and Gold Fields, highlighting the industry's growing acceptance of its disruptive technology. Chrysos' strategy focuses on converting more gold mining projects to PhotonAssay, driving improved customer outcomes to boost sample volumes, and pursuing strategic partnerships with customers for larger unit deployments. The company is also exploring growth opportunities beyond gold, such as base metals, rare earths, and energy metals. Chrysos is well-positioned for sustainable growth, with a strong cash position and access to debt facilities to support its continued expansion.

Guidance

FY26 Total Revenue range of $80m to $90m and FY26 EBITDA range of $20m to $27m.

Outlook

Chrysos is well-positioned for sustainable growth, with a strong global footprint, expanding partnerships with major miners, and the introduction of its new PhotonAssay XN generation of units, which offer improved performance, supply chain resilience, and reduced maintenance costs.