earnings
confidence high
sentiment negative
materiality 0.60
Intrepid Potash Q4 net loss $207M (incl. $199M deferred tax charge); adj. net loss $1.4M
Intrepid Potash, Inc.
- Full-year 2024 sales $254.7M, down 9% from $279.1M in 2023; potash sales volumes fell 7%.
- Potash production rose 32% to 295k tons; Trio production up 16% to 251k tons with record sales of 254k tons.
- Full-year adjusted EBITDA $35.5M; cash from operations $72.5M including $45M XTO payment.
- 2025 capex guided to $36-42 million; cash $43.7M as of Feb. 28; no revolver borrowings.
- CEO notes improved second-half margins; potash prices beginning to rise on spring demand.