Ora Banda Mining (ASX:OBM) has delivered its first-half performance, with record revenue and a doubling of EBITDA fueled by robust underground production and a soaring gold price.
For the six months ended Dec. 31, 2025, the company saw revenue climb 80% to $336.3 million, while EBITDA surged 106% to $173.2 million compared to the previous corresponding period.
The financial growth was driven by a 32% increase in gold production to 62,631 ounces, coupled with a significant $1,754 per ounce rise in the average realised gold price to $5,652 per ounce.
Despite all-in sustaining costs increasing to $3188 per ounce, the company reported a net profit of $96.3 million and robust cash flow from operations, which rose 102% to $184 million.
At the time of reporting, Ora Banda Mining's share price was $1.29.