Global Community

Aradel Holdings Plc H1/Q2 Result - Solid Half-Year Performance Despite Cost Pressures Aradel Holdings Plc delivered a resilient H1 2025 performance, underpinned by impressive revenue growth of +37.18% YoY to ₦368 billion and a pre-tax profit increase of +17.89% YoY to ₦191.3 billion , despite significant margin pressures in Q2. The company continues to demonstrate strong fundamentals and cash-generating ability, supported by its diversified revenue streams from crude oil, refined products, and gas.

Here’s a concise earnings summary and investment highlight based on Airtel Africa’s Q2 2025 performance : Airtel Africa Q2 2025 Results – Strong Operational Performance ✅ Key GAAP Highlights (YoY Growth) Revenue: $1.42bn (+22.4%) Operating Profit: $446m (+33.0%) Profit After Tax: $156m (+408%) Basic EPS: 3.4 cents (+1832%) Net Cash from Operations: $568m (+37.4%) ✅ Alternative Performance Metrics EBITDA: $679m (+29.8%; +32.7% in constant currency) EBITDA Margin: 48.0% (+276 bps) EPS (Before Exceptional Items): 3.4 cents (+48.6%) Operating Free Cash Flow: $558m (+48.4%) Takeaways Airtel Africa delivered strong top-line and bottom-line growth across all key metrics. Profit after tax surged 4x , driven by higher margins and operating leverage.

Executive Summary Guaranty Trust Holding Company Plc (GTCO) delivered a resilient half-year performance, with profit before tax of N600.9 billion , a strong result despite the absence of last year’s extraordinary N493 billion fair value gains. The Group’s solid core-earnings growth, coupled with robust balance sheet expansion ( assets up to N16.7 trillion, shareholders’ funds at N3 trillion ), underscores the strength of its franchise.

Executive Summary Zenith Bank Plc posted a pre-tax profit of N625.6 billion (+strong YoY performance), supported by a resilient top-line and an exceptional surge in interest income (+60% YoY to N1.839 trillion). The bank’s strong funding base ( customer deposits of N23.48 trillion, 76% of assets ) and deliberate exposure to government securities boosted earnings despite weaker loan growth.

Executive Summary Stanbic IBTC Holdings Plc delivered a strong half-year performance for the period ended June 30, 2025, with pretax profit surging 65.8% YoY to N243.7 billion , supported by robust interest income growth and disciplined cost management. The Group’s balance sheet remains resilient with total assets up 17.5% YoY to N8.12 trillion , underpinned by healthy reserves.

--- Discovery Silver: Stock Price Estimate at $75 Silver (2027) Step 1: Revenue Estimation for 2027 Projected Production: 33M oz AgEq. Silver Price: $75/oz. Revenue: 33,000,000 × 75 = $2,475,000,000 USD.

Avino Silver & Gold – 2028 $100/oz Silver Scenario Step 1: Revenue Estimation Production: 7,000,000 oz AgEq Silver Price: $100/oz Revenue = 7,000,000 × 100 = $700M Step 2: Free Cash Flow (FCF) AISC: $30/oz Costs = 7,000,000 × 30 = $210M FCF = 700M – 210M = $490M Step 3: Valuation FCF Multiple: 10× Market Cap = 490M × 10 = $4.9B Step 4: Stock Price Estimate Shares Outstanding (FD): ~57M Stock Price = 4.9B ÷ 57M ≈ $86/share ✅ Conclusion : If silver hits $100/oz by 2028 and Avino reaches 7M oz AgEq production , the stock could theoretically re-rate to ~$86/share — a massive upside from today’s ~$1.79/share and ~$101M market cap.

Freegold Ventures Overview (Golden Summit Project – Alaska): Location: 20 miles from Fairbanks, accessible via paved road. Project: Golden Summit – 20 million oz gold at 0.9 gpt.

1911 Gold – Updated Snapshot (September 2025) Latest verified facts The company commenced a PEA on the True North restart in late August 2025 with AMC Consultants; a short trial mining campaign (3–5 months) is planned to validate methods and economics ahead of a bulk sample. Newswire+1 Corporate presentation (Sept 9, 2025) shows 262.32M shares outstanding (296.19M fully diluted) and ~C$15.2M cash including a recent financing.