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Dec 31, 2024
Arcadium Lithium Plc Q4 2024 Earnings Report
Arcadium Lithium reported a decline in revenue and profitability in Q4 2024 due to lower lithium prices despite higher sales volumes.
Key Takeaways
Arcadium Lithium's Q4 2024 revenue reached $289.0 million, reflecting lower average realized lithium prices despite a 56% increase in total sales volumes. The company posted a GAAP net loss of $14.2 million, or $0.01 per share, while adjusted EPS remained flat at $0.01. Adjusted EBITDA stood at $73.7 million, supported by cost reductions and long-term customer agreements. The company withdrew its 2025 guidance due to its pending acquisition by Rio Tinto.
Total revenue was $289.0 million, impacted by lower lithium prices.
GAAP EPS was -$0.01, while adjusted EPS was $0.01.
Total sales volume increased 56% sequentially but remained flat YoY.
Pending Rio Tinto acquisition led to withdrawal of financial guidance.
Forward Guidance
Arcadium Lithium did not provide 2025 guidance due to its pending acquisition by Rio Tinto.
Positive Outlook
- Stronger Q4 sales volumes support future demand outlook.
- Customer contracts helped stabilize lithium hydroxide pricing.
- Cost reduction efforts contributed to EBITDA improvement.
- Long-term supply agreements provide revenue visibility.
- Operational discipline helped mitigate pricing headwinds.
Challenges Ahead
- Average realized lithium prices declined in Q4.
- Macroeconomic uncertainty continues to weigh on demand.
- Pending acquisition limits independent growth initiatives.
- Production disruptions at Mt Cattlin impacted spodumene sales.
- Weak market conditions may persist in early 2025.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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