Thor Explorations 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	Sep '25 Sep 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	282.45	193.13	141.25	165.17	6.05	-
Revenue Growth (YoY)	87.79%	36.73%	-14.49%	2630.39%	-	-
Cost of Revenue	102.5	80.95	101.44	92.94	4.07	-
Gross Profit	179.95	112.18	39.81	72.23	1.98	-
Selling, General & Admin	13.61	10.34	10.75	15.88	3.29	3.39
Other Operating Expenses	-	-	1.13	1.59	0.04	-
Operating Expenses	14.27	11.54	12.71	18.82	3.54	3.73
Operating Income	165.68	100.65	27.1	53.41	-1.56	-3.73
Interest Expense	-	-5.5	-7.83	-14.62	-0.06	-0
Currency Exchange Gain (Loss)	-	-	-	-	0.88	-0.15
Other Non Operating Income (Expenses)	-3.81	-3.98	-8.4	-	-1.38	-
EBT Excluding Unusual Items	163	91.17	10.87	38.79	-2.12	-3.88
Legal Settlements	-	-	-	-	-	0.82
Pretax Income	163	91.17	10.87	38.79	-2.12	-3.06
Income Tax Expense	-	-	-	-	-0.05	-0.02
Earnings From Continuing Operations	163	91.17	10.87	38.79	-2.07	-3.04
Net Income	163	91.17	10.87	38.79	-2.07	-3.04
Net Income to Common	163	91.17	10.87	38.79	-2.07	-3.04
Net Income Growth	226.50%	738.83%	-71.98%	-	-	-
Shares Outstanding (Basic)	663	656	651	642	625	549
Shares Outstanding (Diluted)	663	659	655	650	625	549
Shares Change (YoY)	0.41%	0.61%	0.75%	3.99%	13.83%	45.92%
EPS (Basic)	0.25	0.14	0.02	0.06	-0.00	-0.01
EPS (Diluted)	0.25	0.14	0.02	0.06	-0.00	-0.01
EPS Growth	224.25%	733.13%	-72.33%	-	-	-
Free Cash Flow	116.3	48.98	26.14	50.38	-53.33	-11.38
Free Cash Flow Per Share	0.17	0.07	0.04	0.08	-0.09	-0.02
Gross Margin	63.71%	58.09%	28.18%	43.73%	32.77%	-
Operating Margin	58.66%	52.11%	19.18%	32.34%	-25.80%	-
Profit Margin	57.71%	47.21%	7.70%	23.49%	-34.20%	-
Free Cash Flow Margin	41.17%	25.36%	18.51%	30.50%	-881.52%	-
EBITDA	196.09	128.57	50.57	80.35	-1.4	-2.42
EBITDA Margin	69.43%	66.57%	35.80%	48.64%	-23.09%	-
D&A For EBITDA	30.41	27.93	23.47	26.94	0.16	1.3
EBIT	165.68	100.65	27.1	53.41	-1.56	-3.73
EBIT Margin	58.66%	52.11%	19.18%	32.34%	-25.80%	-

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