Griffin Mining Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	137.5	135.13	146.02	94.4	121.65
Revenue Growth (YoY)	1.75%	-7.46%	54.69%	-22.40%	61.33%
Cost of Revenue	77.17	83.88	94.18	56.15	63.22
Gross Profit	60.32	51.25	51.84	38.25	58.42
Selling, General & Admin	29.56	33.96	28.01	22.63	21.5
Operating Expenses	29.56	34.56	28.01	22.63	21.51
Operating Income	30.76	16.69	23.84	15.63	36.91
Interest Expense	-0.03	-0.04	-0.18	-0.14	-0.4
Interest & Investment Income	-	2.02	1.39	0.37	0.24
Currency Exchange Gain (Loss)	-0	-0.19	-0.14	-0.39	-0.05
Other Non Operating Income (Expenses)	2.12	0.53	0.35	0.2	0.12
EBT Excluding Unusual Items	32.84	19.01	25.27	15.68	36.82
Gain (Loss) on Sale of Assets	-0.23	-1.11	-0.78	-0.4	-0.29
Pretax Income	32.61	17.9	24.49	15.27	36.53
Income Tax Expense	10.55	6.55	9.25	7.57	11.15
Net Income	22.06	11.35	15.24	7.7	25.38
Net Income to Common	22.06	11.35	15.24	7.7	25.38
Net Income Growth	94.36%	-25.50%	97.77%	-69.64%	184.80%
Shares Outstanding (Basic)	182	187	190	175	175
Shares Outstanding (Diluted)	182	187	191	187	188
Shares Change (YoY)	-2.29%	-2.31%	1.99%	-0.59%	3.14%
EPS (Basic)	0.12	0.06	0.08	0.04	0.15
EPS (Diluted)	0.12	0.06	0.08	0.04	0.13
EPS Growth	99.02%	-23.81%	94.16%	-69.49%	176.03%
Free Cash Flow	17.81	-1.39	25.53	-5.37	22.95
Free Cash Flow Per Share	0.10	-0.01	0.13	-0.03	0.12
Gross Margin	43.87%	37.93%	35.50%	40.52%	48.03%
Operating Margin	22.37%	12.35%	16.32%	16.55%	30.34%
Profit Margin	16.05%	8.40%	10.43%	8.16%	20.86%
Free Cash Flow Margin	12.95%	-1.03%	17.48%	-5.69%	18.87%
EBITDA	52.83	41.9	51.86	35.22	53.46
EBITDA Margin	38.42%	31.01%	35.52%	37.30%	43.94%
D&A For EBITDA	22.07	25.21	28.03	19.59	16.54
EBIT	30.76	16.69	23.84	15.63	36.91
EBIT Margin	22.37%	12.35%	16.32%	16.55%	30.34%
Effective Tax Rate	32.35%	36.60%	37.78%	49.55%	30.53%

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