Champion Iron Limited released its annual report for the period ending March 31, 2025, noting a 5% increase in revenue from ordinary activities to C$1,606,579 thousand compared to C$1,524,294 thousand in the previous year. Despite this revenue growth, the company experienced a significant decline in profitability, with profit from ordinary activities after tax dropping by 39% to C$142,045 thousand from C$234,191 thousand. The net profit attributable to members mirrored this decline. The company maintained its dividend policy during the period, declaring an unfranked interim dividend of C$0.10 per ordinary share, with ex-dividend dates in mid-November 2024 and a payment scheduled for November 28, 2024. Additionally, a C$0.10 unfranked final dividend was declared with ex-dividend dates in mid-June 2025 and a subsequent payment planned for July 2025. Alongside these developments, net tangible assets per share saw a modest improvement, rising from C$2.69 to C$2.76. From a bullish perspective, the increase in revenue and the strengthening of the net tangible asset base signal underlying operational resilience and a commitment to shareholder returns through steady dividend distributions. Conversely, the bearish sentiment arises from the marked contraction in profit, which could raise concerns regarding cost management and profitability margins moving forward. Certified by Ernst & Young (Australia), these audited financial results provide a transparent view into the company’s financial health as it navigates market challenges.