Majestic Corporation believes 2026 will see a ‘significant increase’ in profit before tax compared to 2025, in its final results released this morning, which sets the scene for future growth from the urban miner.
Majestic Corporation has reported pre-tax profit of $1.35 million for the year ended 31 December 2025, up from $1.01 million the prior year, despite revenues falling to $38.2 million from $49.3 million as the precious metals recycler absorbed a tough first half marked by new UK and European regulatory requirements.
The profit improvement reflects tighter margin discipline and cost control rather than volume growth, with the company deliberately accumulating strategic inventory during the year to capitalise on a strong base and precious-metal pricing driven by electrification, EV adoption, and AI data-centre demand.
However, the bigger story lies ahead for Majestic Corporation.
As well as building a strategic inventory, Majestic’s new 50,000 sq ft processing facility in Wrexham, Wales, its most significant infrastructure investment to date, began commissioning in March 2026 and is now in the machinery installation phase. At full capacity, it will handle around 15,000 tonnes of recycling material annually and is designed as the blueprint for future expansion, with the group targeting 100,000 tonnes per year by 2030.
In a sign of strong demand, Majestic’s smaller Deeside facility, acquired with TeleCycle Europe last year, reached maximum capacity during the period.
Peter Lai, Chairman, CEO and Founder of Majestic Corporation, said: “Fiscal 2025 was a defining year for Majestic. The strategic decisions we have taken over the past two years have strengthened our business, improved our operational platform and positioned the Group for its next phase of growth. Despite a challenging market environment, we delivered a resilient performance while continuing to invest in our future.”
“The momentum we are seeing across the business, combined with the commissioning of our Wrexham facility and a strong commercial pipeline, gives the Board increasing confidence in the year ahead. Based on our current outlook, we expect FY2026 profit before tax to significantly increase compared with FY2025, subject to prevailing market conditions.
“We remain focused on disciplined execution, strengthening our market position and delivering long-term value for our shareholders, customers, employees and wider stakeholders.”