United States Antimony Corp. ( (UAMY) ) has released its Q1 earnings. Here is a breakdown of the information United States Antimony Corp. presented to its investors.
United States Antimony Corporation, a company engaged in the production and sale of antimony, zeolite, and precious metals primarily in the U.S. and Canada, has reported its financial results for the first quarter of 2025, showcasing significant growth in revenue and profit margins.
In the first quarter of 2025, United States Antimony Corporation achieved a remarkable 128% increase in revenues compared to the same period last year, reaching $7 million. This surge in revenue was accompanied by a 302% rise in gross profit, amounting to $2.4 million, and a net income increase of 269% to $547,000, reflecting the company’s strong financial performance.
Key highlights from the earnings report include a substantial 140% increase in antimony sales, driven by higher average sales prices, despite some logistical challenges that led to increased inventory levels. The company’s cash position also improved, with a cash balance of $18.7 million as of March 31, 2025. Additionally, the company announced expansion plans for its antimony smelter in Montana, aiming to enhance throughput capacity significantly.
Looking ahead, United States Antimony Corporation remains optimistic about its financial and operational prospects for the rest of the year. With plans to expand operations and improve efficiencies, the company anticipates continued growth in international shipments, higher zeolite volume commitments, and increased pricing for its products, positioning itself for a promising fiscal year 2025.