Chrysos Fiscal Q2 Revenue Jumps 53%; Shares Rise 7%

MT Newswires Live

Jan 22, 2025

Chrysos (ASX:C79) reported that its unaudited revenue for the fiscal second quarter clocked in at AU$15.3 million, jumping 53% from AU$10.1 million in the prior-year period, driven by international revenue and sample volume growth, according to an Australian bourse filing on Wednesday.

Revenue in the three months ended Dec. 31, 2024, from international hubs outside Asia-Pacific continued to represent over 50% of the company's total unaudited revenue, the filing said.

The mining technology firm's sample volume also grew 53% over the period, reaching 1.6 million in the fiscal second quarter.

It deployed three units during the quarter, bringing the total number of units deployed to 34, with one unit currently being installed and 12 units currently shipping or ready to be shipped and installed.

The firm's shares rose almost 7% in early trading on Wednesday.

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