Quarterly ResultMay 1, 2026, 04:57 PM
OceanaGold 2025 Net Profit $645.7M, Revenue $1.89B; EPS $2.72
AI Summary
OceanaGold reported a significant increase in financial performance for the year ended December 31, 2025, with net profit rising to $645.7 million from $192.0 million in 2024, and revenue increasing to $1,893.2 million from $1,294.0 million. Basic earnings per share also saw a substantial jump to $2.72 from $0.79. The company recorded a net impairment reversal of $176.2 million related to its Haile Gold Mine cash-generating unit, driven by an increase in future gold prices. Additionally, OceanaGold completed a three-to-one share consolidation on June 23, 2025, with all prior period per-share data retrospectively adjusted.
Key Highlights
- Net profit increased to $645.7 million in 2025 from $192.0 million in 2024, a 236.3% rise.
- Revenue grew to $1,893.2 million in 2025 from $1,294.0 million in 2024, up 46.3%.
- Basic earnings per share rose to $2.72 in 2025 from $0.79 in 2024, an increase of 244.3%.
- The company recognized a net impairment reversal of $176.2 million for the Haile Gold Mine CGU.
- Net cash provided by operating activities increased to $984.2 million in 2025 from $593.9 million in 2024.
- Share buybacks totaled $175.1 million in 2025, significantly up from $24.1 million in 2024.
- OceanaGold completed a three-to-one share consolidation on June 23, 2025.