Half Year 2024 Central Asia Metals PLC Analyst Conference Call Transcript

Sep 10, 2024 / 08:30AM GMT
Nigel Robinson - Central Asia Metals PLC - Chief Executive Officer, Executive Director

Well, good morning, everybody, and welcome to Central Asia Metals plc's interim results for the period ending 30th of June 2024. We've just gone through the standard disclaimer there. So I've got the pleasurable task of just giving the highlights of the results summary and you can see some numbers on the screen there. In the period, we generated $103.8 million of gross revenue with an associated EBITDA; that's earnings before interest, tax, depreciation and amortization; of $49.1 million or a 47% EBITDA margin.

That generated strong free cash flows in the first six months of $30 million. And I'm delighted this morning to announce that the Board has approved a 9p interim dividend on that free cash flow for the first 6 months. We've maintained a strong balance sheet position. We have cash in the bank of $56.3 million as at the half year and we are debt free. And also, we managed the business in a very safe manner in the first six months with a lost time injury frequency rate of 0.8 and that represents sadly one

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