ARIS · ARIS WATER SOL-A Q2 FY2026 earnings call record财报电话会记录

“We will begin with an overview from management, followed by a question and answer period.”

“The Q2 numbers I'd like to highlight include 74,000 ounces of gold production, $179 million of adjusted EBITDA, and a quarter end cash balance of $426 million.”

“The first half year, our operating cash flow after taxes was $200 million, which funded our capital expenditures of $196 million, allowing us to maintain a strong cash position.”

“Strong performance from the producing assets, visible progress on the growth projects, and a clear path to our 2026 production guidance of 300,000 to 350,000 ounces.”

“We started Q2 with $472 million of cash and ended at $426 million.”

“We stayed free cash flow positive even as we pushed forward on multiple major growth initiatives at once.”

“Combine that higher volume with stronger gold prices, and you get record first half revenue, adjusted EBITDA and earnings.”

“Our operations generated consolidated gold production of 74,000 ounces in the second quarter and 148,000 ounces for the first half of 2026.”

“Segovia remains our main production contributor, while Marmato's production impact is beginning to increase as activity in the Bulk Mining Zone builds.”

“Year-to-date owner mining AISC at $1,623 an ounce are below our full year guidance range, even as we increase investment in underground development to support increased mining rates.”

“Our contract mining partner CMPs is also performing well, with our year-to-date sales margin of 43% above the top end of guidance.”

“Together, the owner mined and CMP supplied ounces continue to generate very strong all-in sustaining margins.”