GOLDPLAT PLC - Interim Results

Goldplat PLC’s (GDP:AIM) Interim Results investor update highlights a strong first-half financial performance, underpinned by higher gold prices, increased processing volumes and continued operational progress across South Africa, Ghana and South America. The gold recovery specialist reported operating profit of £3.45 million in South Africa and £1.26 million in Ghana, with group profit for the six-month period reaching £3.5 million, reflecting resilient company performance in a niche, cash-generative business model focused on recovering value from previously mined resources. Revenue growth was supported by high-grade material batches and expanding sourcing activity, while the group maintained a solid balance sheet, £4.8 million in cash and positive net current assets of £16.5 million. Goldplat also underlined its disciplined capital allocation strategy, commitment to shareholder returns through dividends, and focus on protecting margins in a working-capital-intensive business. Strategically, management is prioritising market share retention in South Africa, local beneficiation growth in Ghana, measured expansion in Brazil, and further progress on its tailings storage facility (TSF), which represents a significant longer-term growth opportunity. The company also sees upside from PGM projects and its positioning as a “green gold” producer within the circular economy. Overall, Goldplat’s interim results point to improving financial results, stable cash flow generation, a clear growth strategy and continued momentum in unlocking value for shareholders.