Brookmount Gold Announces $2.1 Million Net Profit for Q1 2025
Brookmount Gold (OTC PINK:BMXI) reported strong Q1 2025 financial results, with revenue of $3.4 million and net profit of $2.1 million, translating to an EPS of approximately $0.01. The company's Indonesian operations demonstrated improved performance following the transition to full operational control in January 2025.
The company is expanding its mining operations by increasing the main shaft depth to 100 meters and adding 20 workers for expanded shift rotation. This development is expected to increase ore grades to above 20 grams/tonne and enable the construction of three additional horizontal tunnels to expand the mineable surface area.
Management plans to allocate free cash flow from Indonesian operations primarily towards debt reduction and balance sheet strengthening. The company anticipates further announcements regarding the acceleration of Indonesian operations in the coming weeks.
Brookmount Gold (OTC PINK:BMXI) ha riportato solidi risultati finanziari nel primo trimestre 2025, con ricavi pari a 3,4 milioni di dollari e un utile netto di 2,1 milioni di dollari, corrispondenti a un utile per azione di circa 0,01 dollari. Le operazioni in Indonesia hanno mostrato un miglioramento delle prestazioni dopo il passaggio al pieno controllo operativo avvenuto a gennaio 2025.
L'azienda sta ampliando le attività minerarie aumentando la profondità del pozzo principale fino a 100 metri e aggiungendo 20 lavoratori per una rotazione dei turni più estesa. Questo sviluppo dovrebbe aumentare la concentrazione di minerale a oltre 20 grammi/tonnellata e permettere la costruzione di tre gallerie orizzontali aggiuntive per espandere l'area sfruttabile della miniera.
La direzione prevede di destinare il flusso di cassa libero derivante dalle operazioni in Indonesia principalmente alla riduzione del debito e al rafforzamento del bilancio. L'azienda si aspetta ulteriori comunicazioni riguardo all'accelerazione delle operazioni indonesiane nelle prossime settimane.
Brookmount Gold (OTC PINK:BMXI) reportó sólidos resultados financieros en el primer trimestre de 2025, con ingresos de 3,4 millones de dólares y una ganancia neta de 2,1 millones de dólares, lo que se traduce en un beneficio por acción de aproximadamente 0,01 dólares. Las operaciones de la compañía en Indonesia mostraron un mejor desempeño tras la transición a control operativo total en enero de 2025.
La empresa está expandiendo sus operaciones mineras aumentando la profundidad del pozo principal a 100 metros y sumando 20 trabajadores para ampliar la rotación de turnos. Se espera que este desarrollo eleve las leyes de mineral a más de 20 gramos/tonelada y permita la construcción de tres túneles horizontales adicionales para ampliar la superficie explotable de la mina.
La gerencia planea destinar el flujo de caja libre proveniente de las operaciones en Indonesia principalmente a la reducción de deuda y al fortalecimiento del balance. La compañía anticipa nuevos anuncios sobre la aceleración de las operaciones en Indonesia en las próximas semanas.
Brookmount Gold (OTC PINK:BMXI)는 2025년 1분기 강력한 재무 실적을 보고했으며, 매출은 340만 달러, 순이익은 210만 달러로 주당순이익(EPS)은 약 0.01달러에 달했습니다. 2025년 1월 완전 운영 통제권 이전 이후 인도네시아 사업장에서 성과가 개선되었습니다.
회사는 주요 갱도의 깊이를 100미터로 확장하고 교대 근무 인력을 20명 추가하여 채굴 작업을 확대하고 있습니다. 이 개발로 광석 품위가 톤당 20그램 이상으로 증가하고, 채굴 가능한 지면을 넓히기 위해 추가 수평 갱도 3개를 건설할 수 있을 것으로 기대됩니다.
경영진은 인도네시아 사업장에서 발생하는 자유 현금 흐름을 주로 부채 상환과 재무 건전성 강화에 사용할 계획입니다. 회사는 향후 몇 주 내에 인도네시아 사업 가속화에 관한 추가 발표를 예상하고 있습니다.
Brookmount Gold (OTC PINK:BMXI) a publié de solides résultats financiers pour le premier trimestre 2025, avec un chiffre d'affaires de 3,4 millions de dollars et un bénéfice net de 2,1 millions de dollars, soit un BPA d'environ 0,01 dollar. Les opérations indonésiennes de la société ont montré une amélioration des performances suite au passage sous contrôle opérationnel complet en janvier 2025.
L'entreprise étend ses activités minières en augmentant la profondeur du puits principal à 100 mètres et en recrutant 20 travailleurs supplémentaires pour élargir la rotation des équipes. Ce développement devrait permettre d'augmenter la teneur en minerai à plus de 20 grammes/tonne et de construire trois tunnels horizontaux supplémentaires pour étendre la surface exploitable de la mine.
La direction prévoit d'affecter principalement les flux de trésorerie disponibles issus des opérations indonésiennes à la réduction de la dette et au renforcement du bilan. La société anticipe d'autres annonces concernant l'accélération des opérations indonésiennes dans les semaines à venir.
Brookmount Gold (OTC PINK:BMXI) meldete starke Finanzergebnisse für das erste Quartal 2025 mit einem Umsatz von 3,4 Millionen US-Dollar und einem Nettogewinn von 2,1 Millionen US-Dollar, was einem Gewinn je Aktie (EPS) von etwa 0,01 US-Dollar entspricht. Die indonesischen Betriebe des Unternehmens zeigten nach der Übernahme der vollständigen operativen Kontrolle im Januar 2025 eine verbesserte Leistung.
Das Unternehmen erweitert seine Bergbauaktivitäten, indem es die Tiefe des Hauptschachts auf 100 Meter erhöht und 20 weitere Arbeiter für eine erweiterte Schichtrotation einstellt. Diese Entwicklung soll den Erzgehalt auf über 20 Gramm pro Tonne steigern und den Bau von drei zusätzlichen horizontalen Stollen ermöglichen, um die abbaubare Fläche zu vergrößern.
Das Management plant, den freien Cashflow aus den indonesischen Betrieben hauptsächlich zur Schuldenreduzierung und zur Stärkung der Bilanz zu verwenden. Das Unternehmen erwartet in den kommenden Wochen weitere Ankündigungen zur Beschleunigung der indonesischen Aktivitäten.
- Q1 2025 revenue of $3.4 million with net profit of $2.1 million
- EPS of $0.01 in Q1 2025
- Ore grades expected to increase above 20 grams/tonne
- Expansion of mining operations with addition of 20 workers
- Plans to construct three new horizontal tunnels for increased mining area
- Company still carries debt that needs to be eliminated
RENO, NV / ACCESS Newswire / April 16, 2025 / Brookmount Explorations, Inc (sic: "Brookmount Gold") (OTC PINK:BMXI) is pleased to announce that its Indonesian operations reported much better than expected financial performance for the first quarter to February 28, 2025. Revenue was approximately
"We believe that this excellent result endorses our strategy of extracting maximum value from the takeover. We are increasing our staff and our efficiency to take our Indonesian operations to a new and higher level of performance," commented CEO Nils Ollquist.
Mr. Ollquist continued, "This month, following recent work undertaken to increase the depth of the main shaft at our primary location to one hundred meter, we are adding an additional mining team of twenty workers to expand shift rotation, Reaching this depth will increase ore grades to above 20 grams/tonne of ore, and facilitate a minimum of three additional horizontal tunnels to be constructed to increase the mineable surface area."
Mr. Ollquist concluded, "Our financial projection, based on existing ore grades and planned expansion of production, indicate our performance metrics are ahead of schedule and an endorsement of our decision to move forward with the takeover made last year. Free cash flow generated by our Indonesian operations will be allocated, as a priority, to eliminating the Company's remaining debt, to strengthening the balance sheet and improving our valuation. Further announcements on progress on accelerating Indonesian operations will be made over the few weeks."
About Brookmount Gold
Founded in 2018, Brookmount Gold is a high-growth gold-producing company quoted on OTC Markets in the United States (OTC: BMXI). With operating gold mines in Southeast Asia and exploration and production assets in North America, the Company is focused on building production of existing assets to scale, in addition to acquiring and developing additional high quality gold assets with JORC/NI 43-101 verified resources.
Safe Harbor Statements:
Except for the historical information contained herein, certain of the matters discussed in this communication constitute "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995. Words such as "may," "might," "will," "should," "could," "anticipate," "estimate," "expect," "predict," "project," "future," "potential," "intend," "seek to," "plan," "assume," "believe," "target," "forecast," "goal," "objective," "continue" or the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions, or events identify forward-looking statements. These forward looking statements include, but are not limited to, statements regarding benefits of the proposed license, expected synergies, anticipated future financial and operating performance and results, including estimates of growth. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this communication. For example, the expected timing and likelihood of completion of the pending transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the pending transaction that could reduce anticipated benefits or cause the parties to abandon the transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstance that could give rise to the termination of the negotiations, the risk that the parties may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all, risks related to disruption of management time from ongoing business operations due to the proposed transaction, the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Brookmount's common stock. All such factors are difficult to predict and are beyond our control. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this report, except as required by applicable law or regulations.
Investor Relations Contact: info@chesapeakegp.com or 410-825-3930
Website: https://www.brookmountgold.com
Contact: corporate@brookmountgold.com
Social Links: Brookmount Gold X (Former Twitter): https://x.com/brookmountgold
SOURCE: Brookmount Explorations, Inc.
View the original press release on ACCESS Newswire
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