Capital raises revenue guidance


Staff reporter

London-listed contract mineral driller Capital has again lifted its 2025 revenue guidance, this time to US$335-350 million, on the back of record September quarter revenue of $93.9 million.

It previously raised its full-year revenue guidance to $320-340 million in August.

The Q3 total was 7.4% higher than Q2’s $87.4 million and marginally above the $93.7 million reported in the same period last year.

Capital said its MSALABS mineral testing laboratory arm was now contributing positively to group profitability and had new full-year revenue guidance of $65–75 million after generating $21 million in Q3.

Q3 2025 drilling and associated revenue of $65.1 million was up 1.9% yoy.

 

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