Aug. 11 at 9:24 PM
$FNV Franco-Nevada Corporation (FNV) reported record financial results for the second quarter ended June 30, 2025, driven by record gold prices and significant new asset acquisitions.
Here are the key results for Q2 2025 compared to Q2 2024:
Financial Highlights
Revenue:
$369.4 million (a new record), up 42%.
Net Income:
$247.1 million (or
$1.28/share), a massive 211% increase.
Adjusted EBITDA:
$365.7 million (or
$1.90/share), up 65% (new record).
Operating Cash Flow:
$430.3 million (new record), up 121%.
Gold Equivalent Ounces (GEOs) Sold: 112,093 GEOs, up 2%.
Adjusted Net Income:
$238.5 million (or
$1.24/share), up 65%.