Griffin Mining Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	113.09	135.13	146.02	94.4	121.65	75.4
Revenue Growth (YoY)	-30.30%	-7.46%	54.69%	-22.40%	61.33%	-8.34%
Cost of Revenue	75.24	83.88	94.18	56.15	63.22	42.74
Gross Profit	37.86	51.25	51.84	38.25	58.42	32.67
Selling, General & Admin	26.64	33.96	28.01	22.63	21.5	17.52
Operating Expenses	27.24	34.56	28.01	22.63	21.51	17.53
Operating Income	10.62	16.69	23.84	15.63	36.91	15.14
Interest Expense	-0.05	-0.04	-0.18	-0.14	-0.4	-0.36
Interest & Investment Income	2.02	2.02	1.39	0.37	0.24	0.11
Currency Exchange Gain (Loss)	-0.17	-0.19	-0.14	-0.39	-0.05	0.02
Other Non Operating Income (Expenses)	0.45	0.53	0.35	0.2	0.12	0.74
EBT Excluding Unusual Items	12.87	19.01	25.27	15.68	36.82	15.64
Gain (Loss) on Sale of Assets	-1.19	-1.11	-0.78	-0.4	-0.29	-1.13
Pretax Income	11.68	17.9	24.49	15.27	36.53	14.52
Income Tax Expense	2.84	6.55	9.25	7.57	11.15	5.61
Net Income	8.84	11.35	15.24	7.7	25.38	8.91
Net Income to Common	8.84	11.35	15.24	7.7	25.38	8.91
Net Income Growth	-58.59%	-25.50%	97.77%	-69.64%	184.80%	46.45%
Shares Outstanding (Basic)	183	187	190	175	175	173
Shares Outstanding (Diluted)	183	187	191	187	188	183
Shares Change (YoY)	-4.50%	-2.31%	1.99%	-0.59%	3.14%	-2.77%
EPS (Basic)	0.05	0.06	0.08	0.04	0.15	0.05
EPS (Diluted)	0.05	0.06	0.08	0.04	0.13	0.05
EPS Growth	-56.82%	-23.81%	94.16%	-69.49%	176.03%	50.62%
Free Cash Flow	5.14	-1.39	25.53	-5.37	22.95	0.02
Free Cash Flow Per Share	0.03	-0.01	0.13	-0.03	0.12	-
Gross Margin	33.47%	37.93%	35.50%	40.52%	48.03%	43.32%
Operating Margin	9.39%	12.35%	16.32%	16.55%	30.34%	20.08%
Profit Margin	7.82%	8.40%	10.43%	8.16%	20.86%	11.82%
Free Cash Flow Margin	4.54%	-1.03%	17.48%	-5.69%	18.87%	0.02%
EBITDA	32.88	41.9	51.86	35.22	53.46	27.95
EBITDA Margin	29.07%	31.01%	35.52%	37.30%	43.94%	37.07%
D&A For EBITDA	22.26	25.21	28.03	19.59	16.54	12.81
EBIT	10.62	16.69	23.84	15.63	36.91	15.14
EBIT Margin	9.39%	12.35%	16.32%	16.55%	30.34%	20.08%
Effective Tax Rate	24.31%	36.60%	37.78%	49.55%	30.53%	38.62%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.