AIM-quoted iodine specialist lifts H1 production guidance after posting record revenues, EBITDA and output for 2025
Shares in Iofina PLC (AIM:IOF, OTC:IOFNF), the iodine producer and specialty chemicals manufacturer, rose 17% to 37.72p after it said it had set its sights on capturing 5% of global iodine production within three to four years.
This came against a record 2025 performance and a strong start to 2026, underpinning an accelerating expansion programme.
In its results release, it said it expects to surpass the 5% world market share milestone within that timeframe, supported by a five-year strategic plan it believes will deliver significant long-term value for shareholders.
A clear near-term pathway to annual crystalline iodine production above 1,000 metric tonnes is already in view, with a medium-term ambition to surpass 2,000 tonnes as the company develops larger plants across multiple core areas.
Central to that trajectory is Iofina's first Permian Basin facility, currently under construction and on track for commissioning in the third quarter, which will bring the group's total to four new plants in four years.
The company said its capital-efficient model, which is designed to grow production at a faster rate without proportionately increasing costs or leverage, underpins board confidence that expansion can be delivered sustainably.
The outlook statement follows a year of broad-based records across the group's key financial metrics.
Revenue rose 22% to $66.5 million in the year to 31 December 2025, marking an eighth consecutive year of growth, driven by a 42% increase in crystalline iodine sales to $35.0 million as production volumes climbed 17% to 743 metric tonnes.
Adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) rose 56% to $11.8 million, while operating profit increased 74% to $8.7 million and profit before tax advanced 75% to $8.4 million.
The group's net cash position strengthened to $5.2 million from $2.9 million a year earlier, with cash on hand of $11.7 million at year-end.
The momentum has carried into 2026, with Q1 crystalline iodine production of 178.9 metric tonnes, up from 124.1 metric tonnes in the same period last year, prompting the company to raise its H1 2026 production guidance to around 385 metric tonnes from a previous range of 325 to 355 metric tonnes.
Chief executive, Dr Tom Becker, said the iodine market continues to provide a favourable backdrop, with the global spot price holding steadily above $70 per kilogram and expected to remain firm into the second half of the year.
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