The Mosaic Company said net earnings for the quarter ended March 31, 2025 were $238.1 million, or $0.75 per diluted share, compared to $45.2 million, or $0.14 per share, in the prior year period. The company said a foreign currency transaction gain of $133.1 million was reflected, with an unrealized mark-to-market loss of approximately $117 million on the Ma'aden investment offsetting most of it.

1. 01

   The Mosaic Company said net earnings for the quarter ended March 31, 2025 were $238.1 million, or $0.75 per diluted share, compared to $45.2 million, or $0.14 per share, in the prior year period. The company said a foreign currency transaction gain of $133.1 million was reflected, with an unrealized mark-to-market loss of approximately $117 million on the Ma'aden investment offsetting most of it.

2. 02

   The Mosaic Company said operating earnings for the quarter were $139 million in the Phosphates segment compared to $40 million in the prior year, $157 million in the Potash segment compared to $198 million in the prior year, and $99 million in the Mosaic Fertilizantes segment compared to $42 million in the prior year. It cited higher average selling prices in Phosphates and lower selling prices and sales volumes in Potash as factors.

3. 03

   The Mosaic Company said the Phosphates segment's average finished product selling price was $632 per tonne compared to $593 per tonne in the prior year, and the Potash segment's average finished product selling price was $234 per tonne compared to $258 per tonne in the prior year. Gross margin was $167.3 million in Phosphates compared to $159.4 million in the prior year and $168.6 million in Potash compared to $211.7 million in the prior year.

4. 04

   The Mosaic Company said net cash provided by operating activities for the quarter was $42.9 million compared to net cash used in operating activities of $80.0 million in the prior year period, capital expenditures were $340.8 million and dividend payments were $70.9 million. As of March 31, 2025, cash and cash equivalents were $259.2 million and the company said it had $2.50 billion available under its revolving credit facility.

Key figures

Quarter ended March 31, 2025

Revenue

$2.6B

Operating income

$339M

Net income

$238M

EPS

$0.75

Gross profit

$488M

Operating cash flow

$43M

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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