Silvercorp Metals Reports Strong Annual Performance with 39% Revenue Increase

Silvercorp Metals Inc. has reported robust financial results for fiscal year 2025, showcasing substantial growth in revenue and net income despite challenging global mining conditions. The company's financial performance highlights its strategic approach to diversified metal production and operational efficiency.

For the fiscal year ending March 31, 2025, Silvercorp recorded net income of $58.2 million, representing a 60% increase from the previous year. The company's revenue reached $298.9 million, a 39% growth compared to the prior fiscal period. These figures underscore the company's ability to generate strong financial returns through its mining operations.

Production metrics reveal the breadth of Silvercorp's metal portfolio, with impressive output including 7.5 thousand ounces of gold, 6.9 million ounces of silver, 62.2 million pounds of lead, and 23.3 million pounds of zinc. These figures demonstrate the company's diversified production strategy across multiple valuable metals.

The company's financial strength is further evidenced by its adjusted earnings of $75.1 million, or $0.37 per share, and cash flow from operations reaching $138.6 million. Despite reporting a net loss of $7.6 million in the fourth quarter due to a non-cash derivative charge, Silvercorp's adjusted quarterly net income remained solid at $14.7 million.

Silvercorp concluded the fiscal year with a substantial cash position of $369.1 million in cash and short-term investments. This financial cushion is supported by strong performance at its Ying and GC mines and ongoing development of the El Domo project, reflecting the company's commitment to organic growth and strategic expansion.

The company's strategic approach focuses on generating free cash flow, conducting extensive drilling for discovery, pursuing strategic mergers and acquisitions, and maintaining a long-term commitment to responsible mining and environmental, social, and governance (ESG) principles. This multifaceted strategy positions Silvercorp to continue its growth trajectory and create sustained value for shareholders.