06:00 AM EDT, 05/29/2025 (MT Newswires) -- Champion Iron ( CIAFF ) late on Wednesday reported that its fiscal fourth-quarter net income increased by 52%.

Net income jumped $39.1 million, or $0.08 per share, from $25.8 million, or $0.05 per share, beating the $0.06 earnings per share consensus estimate compiled by FactSet. Revenues rose 28% to $425.3 million from $332.7 million, exceeding the $396.4 million consensus estimate compiled by FactSet.

EBITDA came in at $127.4 million, compared with $85.1 million.

The company produced 3.2 million wet metric tonnes of iron ore concentrate, down from 3.3 million wmt. Champion Iron ( CIAFF ) sold 3.5 million wmt of iron ore concentrate, up from 3 million wmt.

The company declared a semi-annual dividend of $0.10 per ordinary share.