Metals Exploration 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	208.41	191.15	166.68	124.41	129.84
Revenue Growth (YoY)	9.03%	14.68%	33.98%	-4.18%	6.34%
Cost of Revenue	135.36	130.9	131.12	91.67	91.98
Gross Profit	73.06	60.25	35.56	32.74	37.87
Selling, General & Admin	11.5	8.98	8.09	8.92	8.48
Other Operating Expenses	-	-	-	0	0.33
Operating Expenses	11.5	16.46	8.62	9.03	9.16
Operating Income	61.56	43.8	26.94	23.71	28.71
Interest Expense	-	-2.33	-10.73	-13.43	-15.04
Interest & Investment Income	-	0.15	0	0	0
Earnings From Equity Investments	-0.01	0.01	0.02	-0.08	0.02
Currency Exchange Gain (Loss)	-	-0.74	3.42	-0.27	-0.9
Other Non Operating Income (Expenses)	-17.35	-6.24	-0.03	-1.27	-1.8
EBT Excluding Unusual Items	44.21	34.64	19.62	8.67	10.99
Gain (Loss) on Sale of Assets	-	-	-	-	-0.08
Asset Writedown	0.91	-	99.94	-0	0.39
Pretax Income	45.12	34.64	119.56	8.67	11.3
Income Tax Expense	16.5	9.06	0.31	-0.09	0.01
Earnings From Continuing Operations	28.62	25.58	119.25	8.75	11.29
Minority Interest in Earnings	0.27	0.01	-	-	-
Net Income	28.89	25.59	119.25	8.75	11.29
Net Income to Common	28.89	25.59	119.25	8.75	11.29
Net Income Growth	12.92%	-78.54%	1262.23%	-22.48%	19.96%
Shares Outstanding (Basic)	2,752	1,988	2,093	2,081	2,071
Shares Outstanding (Diluted)	2,979	2,006	2,113	2,097	2,071
Shares Change (YoY)	48.52%	-5.07%	0.74%	1.24%	-4.44%
EPS (Basic)	0.01	0.01	0.06	0.00	0.01
EPS (Diluted)	0.01	0.01	0.06	0.00	0.01
EPS Growth	-24.21%	-77.31%	1243.15%	-22.97%	26.77%
Free Cash Flow	28.25	79.42	64.31	29.96	34.63
Free Cash Flow Per Share	0.01	0.04	0.03	0.01	0.02
Gross Margin	35.05%	31.52%	21.33%	26.32%	29.16%
Operating Margin	29.54%	22.91%	16.16%	19.06%	22.11%
Profit Margin	13.86%	13.38%	71.54%	7.04%	8.70%
Free Cash Flow Margin	13.55%	41.55%	38.58%	24.08%	26.67%
EBITDA	120.82	97.96	78.83	46.17	48.39
EBITDA Margin	57.97%	51.25%	47.30%	37.11%	37.27%
D&A For EBITDA	59.25	54.17	51.89	22.46	19.68
EBIT	61.56	43.8	26.94	23.71	28.71
EBIT Margin	29.54%	22.91%	16.16%	19.06%	22.11%
Effective Tax Rate	36.57%	26.17%	0.26%	-	0.10%

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