Metals Exploration 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	219.01	191.15	166.68	124.41	129.84	122.1
Revenue Growth (YoY)	30.20%	14.68%	33.98%	-4.18%	6.34%	29.51%
Cost of Revenue	140.82	130.9	131.12	91.67	91.98	83.26
Gross Profit	78.19	60.25	35.56	32.74	37.87	38.84
Selling, General & Admin	9.92	8.98	8.09	8.92	8.48	8.38
Other Operating Expenses	-	-	-	0	0.33	-
Operating Expenses	35.12	16.46	8.62	9.03	9.16	8.4
Operating Income	43.07	43.8	26.94	23.71	28.71	30.44
Interest Expense	-1.33	-2.33	-10.73	-13.43	-15.04	-17.03
Interest & Investment Income	0.53	0.15	0	0	0	0
Earnings From Equity Investments	0.01	0.01	0.02	-0.08	0.02	0
Currency Exchange Gain (Loss)	-1.59	-0.74	3.42	-0.27	-0.9	-0.93
Other Non Operating Income (Expenses)	-2.89	-6.24	-0.03	-1.27	-1.8	-2.04
EBT Excluding Unusual Items	37.81	34.64	19.62	8.67	10.99	10.44
Gain (Loss) on Sale of Assets	-	-	-	-	-0.08	-
Asset Writedown	-44.78	-	99.94	-0	0.39	-1.01
Pretax Income	-6.97	34.64	119.56	8.67	11.3	9.43
Income Tax Expense	9.44	9.06	0.31	-0.09	0.01	0.02
Earnings From Continuing Operations	-16.4	25.58	119.25	8.75	11.29	9.41
Minority Interest in Earnings	0.02	0.01	-	-	-	-
Net Income	-16.39	25.59	119.25	8.75	11.29	9.41
Net Income to Common	-16.39	25.59	119.25	8.75	11.29	9.41
Net Income Growth	-	-78.54%	1262.23%	-22.48%	19.96%	-31.35%
Shares Outstanding (Basic)	2,431	1,988	2,093	2,081	2,071	2,071
Shares Outstanding (Diluted)	2,431	2,006	2,113	2,097	2,071	2,168
Shares Change (YoY)	15.34%	-5.07%	0.74%	1.24%	-4.44%	3.11%
EPS (Basic)	-0.01	0.01	0.06	0.00	0.01	0.00
EPS (Diluted)	-0.01	0.01	0.06	0.00	0.01	0.00
EPS Growth	-	-77.31%	1243.15%	-22.97%	26.77%	-33.84%
Free Cash Flow	82.64	79.42	64.31	29.96	34.63	16.06
Free Cash Flow Per Share	0.03	0.04	0.03	0.01	0.02	0.01
Gross Margin	35.70%	31.52%	21.33%	26.32%	29.16%	31.81%
Operating Margin	19.67%	22.91%	16.16%	19.06%	22.11%	24.93%
Profit Margin	-7.48%	13.38%	71.54%	7.04%	8.70%	7.71%
Free Cash Flow Margin	37.73%	41.55%	38.58%	24.08%	26.67%	13.15%
EBITDA	101.99	97.96	78.83	46.17	48.39	47.39
EBITDA Margin	46.57%	51.25%	47.30%	37.11%	37.27%	38.81%
D&A For EBITDA	58.92	54.17	51.89	22.46	19.68	16.94
EBIT	43.07	43.8	26.94	23.71	28.71	30.44
EBIT Margin	19.67%	22.91%	16.16%	19.06%	22.11%	24.93%
Effective Tax Rate	-	26.17%	0.26%	-	0.10%	0.21%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.