Overview

* Triple Flag Q3 2025 rev rises to $93.5 mln, up from $73.7 mln in Q3 2024

* Adjusted net earnings for Q3 2025 beat estimates, reaching $49.3 mln

* Adjusted EBITDA for Q3 2025 beats estimates, reaching $78.5 mln

Outlook

* Triple Flag expects 2025 GEOs sales between 105,000 and 115,000 ounces

* Company anticipates 2025 sales between midpoint and high end of GEOs 2025 guidance

* 2029 GEOs sales outlook remains at 135,000 to 145,000 ounces

Result Drivers

* ACQUISITIONS - Significant capital deployment in Q3 included acquiring royalties on Arthur gold project and Minera Florida gold mine

* HIGH GOLD PRICES - Record gold price environment benefited portfolio, enhancing focus on assets like Centerra's Goldfield project

* PORTFOLIO PERFORMANCE - Strong portfolio performance and accretive acquisitions drove record operating cash flow per share

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $49.3 $45.3

Adjusted mln mln (1

Net Analyst)

Income

Q3 Beat $78.5 $70.2

Adjusted mln mln (4

EBITDA Analysts

)

Q3 $81.4

Operatin mln

g Cash

Flow

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)