Earnings release
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IMPACT Silver Reports Q2 2026 Results : Revenue Increased by 124 % , Gross Profit up 756 % on Silver Leverage , Higher Grades Vancouver , British Columbia -- ( Newsfile Corp. - August 20 , 2026 ) - IMPACT Silver Corp. ( TSXV : IPT ) ( OTCQB : ISVLF ) ( FSE : IKL ) ( " IMPACT " or the " Company " ) announces its financial and operating results for the second quarter and six - month period ended June 30 , 2026. The Company is pleased to report Q2 2026 revenue of $ 22.0 million , representing a 124 % increase over $ 9.8 million in Q2 2025 , driven by higher realized silver prices and increased grades and production at the Zacualpan silver- focused operation . For the first six months of 2026 , consolidated revenue grew to $ 53.1 million up from $ 20.5 million in the prior - year period . Q2 2026 gross profit reached $ 8.7 million compared to $ 1.0 million in Q2 2025 , bringing six - month gross profit to $ 29.1 million compared to $ 3.2 million a year earlier . Net income for Q2 2026 improved to $ 2.8 million , or $ 0.01 per share , compared to a net loss of $ 2.0 million , or $ ( 0.01 ) per share in Q2 2025. For the six - month period ending June 30 , 2026 , net income reached $ 14.1 million , or $ 0.04 per share , compared to a net loss of $ 2.1 million , or $ ( 0.01 ) per share , in 2025 . At quarter - end , the Company had $ 52.2 million in cash , $ 52.2 million in working capital , and no long- term debt . During the quarter , 4.0 million share purchase warrants were exercised for proceeds of $ 1.4 million . Fred Davidson , President & CEO of IMPACT , stated , " Our second quarter results reflect the benefit of higher silver prices combined with improved grades from the Kena vein at Zacualpan , which together drove a substantial increase in revenue and a second consecutive quarter of significant net income . At Plomosas , we took decisive action in the previous quarter to temporarily suspend underground mining while we reassess the operation's cost structure and evaluate options for its longer - term future , including the processing of third - party feed through our plant . With $ 52.2 million in cash , no long - term debt , and strong cash flow from Zacualpan , we are well positioned to continue optimizing our flagship operation , advance exploration at both Zacualpan and Plomosas , and evaluate the potential rehabilitation of the Capire mill , all while we look for opportunities to further build shareholder value . " Operations Review Zacualpan Silver - Gold - Lead Operation Zacualpan continued to benefit from ongoing mine and mill improvements , with Q2 2026 production at the Zacualpan - Guadalupe mill increasing 8 % to 36,908 tonnes from 34,173 tonnes in Q2 2025. More importantly , silver equivalent production 1 from the Guadalupe Complex increased 39 % to 221,385 ounces , compared with 159,298 ounces a year earlier . The increase was driven in part by a significant improvement in mill feed grades , with average silver head grades rising 31 % to 207 g / t from 158 g / t in Q2 2025. Silver now represents approximately 97 % of the production value at Zacualpan , highlighting the strong leverage the operation provides to silver prices . Zacualpan delivered a strong quarter , with revenue more than doubling to $ 18.5 million in Q2 2026 from $ 7.4 million in Q2 2025. Gross profit increased more than five - fold to $ 10.8 million , compared with $ 2.0 million a year earlier . Cost of sales at Zacualpan was $ 7.8 million in Q2 2026 , compared with $ 5.3 million in Q2 2025 .