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	9.03%	14.68%	33.98%	-4.18%	6.34%
Cost of Revenue	135.36	128.63	129.42	91.67	91.98
Gross Profit	73.06	62.52	37.26	32.74	37.87
Selling, General & Admin	11.5	8.98	8.09	8.92	8.48
Total Operating Expenses	11.5	8.98	8.09	8.92	8.48
Operating Income	61.56	53.53	29.17	23.82	29.39
Total Non-Operating Income (Expense)	-16.44	-18.89	90.38	-15.15	-18.09
Pretax Income	45.12	34.64	119.56	8.67	11.3
Provision for Income Taxes	16.5	9.06	0.31	-0.09	0.01
Net Income	28.62	25.58	119.25	8.75	11.29
Minority Interest in Earnings	0.27	0.01	-	-	-
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)	2,760	1,988	2,093	2,081	2,071
Shares Outstanding (Diluted)	2,969	2,006	2,113	2,097	2,071
Shares Change	48.04%	-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	-24.22%	-77.31%	1242.86%	-23.64%	27.91%

Additional Metrics

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
Free Cash Flow	28.25	79.42	64.31	29.96	34.97
Free Cash Flow Growth	-64.43%	23.49%	114.64%	-14.33%	117.52%
Free Cash Flow Per Share	0.01	0.04	0.03	0.01	0.02
Gross Margin	35.05%	32.71%	22.35%	26.32%	29.16%
Operating Margin	29.54%	28.01%	17.50%	19.15%	22.64%
Profit Margin	13.73%	13.38%	71.54%	7.04%	8.70%
FCF Margin	13.55%	41.55%	38.58%	24.08%	26.93%
EBITDA	120.82	106.81	80.69	46.31	48.76
EBITDA Margin	57.97%	55.88%	48.41%	37.23%	37.55%
EBIT	61.56	53.53	29.17	23.82	29.39
EBIT Margin	29.54%	28.01%	17.50%	19.15%	22.64%
Effective Tax Rate	36.57%	26.17%	0.26%	-1.01%	0.10%