)
Black Cat Syndicate (BC8) investor relations material
Black Cat Syndicate Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record gold production of 25,510oz for the quarter, with gold sales of 17,517oz at an average price of $6,325/oz, generating gross gold revenue over $110M.
Cash, bullion, and listed investments increased to $91M at quarter end, maintaining a strong balance sheet after significant capital outlays.
Operating cashflow before capital was approximately $66M, with major investments in mine ramp-ups and exploration.
Final $25M deferred payment for the Lakewood processing facility was completed, fully funded from operating cashflow.
Board transition announced: Gareth Solly to non-executive director, James Bruce appointed as new managing director effective February 2026.
Financial highlights
Realised gold price increased to $6,325/oz from $5,227/oz in the previous quarter.
Total income for the quarter was $125.4M, with operating costs of $59.0M.
Operating cashflow after capital and corporate costs was $1.3M for the quarter.
Cash on hand at quarter end was $54.1M, with gold bullion valued at $31.3M and listed investments at $5.5M.
$5.8M cash inflow from option conversions during the quarter.
Outlook and guidance
Production is expected to grow in the March 2026 quarter, with 25,000–28,000oz planned, including third-party ore.
Annual production outlook of at least 100,000ozpa to commence from June 2026 quarter, with AISC guidance to be provided as third-party tolling ceases.
Lakewood expansion study to increase capacity from 1.2Mtpa to 1.5Mtpa is progressing, with completion expected in March 2026.
- TimeTickerHeadlineOpen
- 009830
FY2025 revenue rose, but operating losses widened amid persistent market and policy risks. - IKS
Q3 FY26 saw 24% revenue growth, 40%+ EBITDA growth, and strong cash generation. - JSWCEMENT
Strong volume and EBITDA growth, robust CapEx, and positive demand outlook drive performance. - CCL
Q3 delivered strong revenue and profit growth, lower debt, and an interim dividend of Rs. 2.75. - 500480
Record gross margins and strong distribution offset Power Gen and export softness; FY26 outlook robust. - HEXT
CY25 revenue up 7.6% YoY, strong AI launches, and CY26 growth expected to accelerate. - SHAK
Revenue up 16.5%, net income $10.4M, and 23 new Shacks opened, with margin expansion. - DHC
Q1 2025 delivered 4.3% revenue growth, narrowed net loss, and strong SHOP segment gains. - DHC
Q3 2025 revenue up, SHOP improved, but net loss rose on impairments and transitions. - SHAK
Revenue, net income, and margins rose, with 22 new locations and digital sales growth.
Next Black Cat Syndicate earnings date
Next Black Cat Syndicate earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)