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Iofina (IOF) investor relations material
Iofina H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record revenue, EBITDA, and production in 2025, marking the strongest financial results in company history.
Revenue grew 22% to $66.5m, adjusted EBITDA rose 56% to $11.8m, and crystalline iodine production increased 17% to 743MT year-over-year.
Expansion continued with the commissioning of IO #11 and construction of a new, larger plant in the Permian Basin, expected online in Q3 2026.
The company is on track to surpass 1,000MT annual production and targets 2,000MT in the coming years.
Financial highlights
Revenue: $66.5m (2024: $54.5m), up 22% year-over-year.
Gross profit: $18.0m (2024: $13.2m), up 36% year-over-year.
Adjusted EBITDA: $11.8m (2024: $7.6m), up 56% year-over-year; margin improved to 18%.
Profit before tax (excluding subsidies): $8.4m (2024: $4.8m), up 75%.
Post-tax earnings: $7.9m (2024: $2.9m), up 172%.
Net cash: $5.2m (2024: $2.9m), up $2.3m.
Average realised iodine price: $74.02/kg, up 8% year-over-year.
Outlook and guidance
H1 2026 crystalline iodine production guidance raised to 385MT, up from previous 325–355MT.
Permian Basin plant expected to add 170–220MT annual capacity, operational Q3 2026.
Short-term pathway to exceed 1,000MT annual production; medium-term target of 2,000MT.
Iodine prices expected to remain firm above $70/kg through 2026.
- Record revenue, rising iodine output, and strong market demand drive ongoing expansion.IOF
H2 20246 Jan 2026 - Record revenue, profit, and iodine output in H1 2025, with strong outlook and expansion plans.IOF
H1 202529 Sep 2025 - Q1 2025 iodine output rose slightly, but harsh winter led to a lower H1 forecast and strong pricing.IOF
Q1 2025 TU30 Jun 2025 - Record H1 revenue and production growth offset by margin pressure from lower iodine prices.IOF
H1 202413 Jun 2025 - Record iodine output and strong pricing set a positive outlook for 2025 growth.IOF
Trading Update6 Jun 2025
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