IMPACT Silver Corp. (IPT:CA) Q3 2025 Earnings Name Transcript

Jerry Huang
Chief Monetary Officer

Good day, women and gents. Welcome to IMPACT Silver’s Q3 2025 name interval ending September 30 monetary and manufacturing outcomes convention name. Earlier than we start, we wish to go over our disclosure coverage, adopted by Mr. Fred Davidson’s feedback concerning the quarter’s outcomes and the Q&A interval. Sure statements within the following convention name concerning IMPACT Silver’s enterprise operations could represent forward-looking statements. Such statements aren’t historic information, however are predictions concerning the future, which inherently includes dangers, uncertainties and will trigger precise outcomes to vary materially from these contained within the forward-looking statements.

I wish to now flip over to President and CEO of IMPACT Silver, Mr. Fred Davidson.

Frederick Davidson
President, CEO & Director

Thanks, Jerry. The third quarter was fairly an fascinating one for the corporate for a wide range of causes, each operationally and financially. The outcomes for the quarter by way of income was as much as $10.7 million in comparison with $8.6 million for the comparable quarter in 2024. That enchancment in income has clearly resulted from greater silver costs throughout the interval. After which on the opposite aspect, the underside line improved as effectively pretty considerably. We had a loss in 2024 for the quarter of $3.1 million and the online loss in 2025 for the quarter was $0.6 million, largely on account of a really aggressive exploration program that we had been engaged on throughout the third quarter.

Spotlight of the interval was Zacualpan, and that is our silver lead zinc mine. It has been — its income was $8.7 million, and that is up from $6.1 million from the prior — the comparative interval. That is an 8% improve. And that was, fairly frankly, with