Steppe Gold 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
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
Revenue	140.31	178.13	132.06	105.5	116.26
Revenue Growth (YoY)	-16.06%	34.89%	25.17%	-9.26%	-
Cost of Revenue	70.52	81.86	61.23	55.36	55.99
Gross Profit	69.79	96.28	70.82	50.14	60.27
Selling, General & Admin	10.76	9.22	2.55	2.35	2.25
Other Operating Expenses	1.8	1.47	-0.27	6.54	7.47
Operating Expenses	12.91	10.93	2.49	8.89	9.71
Operating Income	56.88	85.34	68.33	41.25	50.56
Interest Expense	-15.76	-12.22	-11.11	-12.45	-11.38
Interest & Investment Income	6.99	3.71	13.99	12.84	9.4
Currency Exchange Gain (Loss)	1.93	0.53	-0.52	9.29	-0.04
Other Non Operating Income (Expenses)	0.78	0.48	1.55	-4.06	-28.73
EBT Excluding Unusual Items	50.82	77.84	72.25	46.88	19.8
Gain (Loss) on Sale of Investments	-0.12	-0.15	0	-1.62	-0.53
Gain (Loss) on Sale of Assets	-	-	-	-0.01	-0.94
Other Unusual Items	-	2.44	-	-	-
Pretax Income	50.7	80.13	72.26	45.24	18.33
Income Tax Expense	9.68	18.81	15.92	9.4	13.59
Earnings From Continuing Operations	41.02	61.32	56.34	35.84	4.74
Minority Interest in Earnings	0.07	0.03	-	-	-
Net Income	41.09	61.35	56.34	35.84	4.74
Net Income to Common	41.09	61.35	56.34	35.84	4.74
Net Income Growth	-16.19%	8.90%	57.18%	656.66%	-
Shares Outstanding (Basic)	284	189	144	3	3
Shares Outstanding (Diluted)	289	191	144	3	3
Shares Change (YoY)	120.57%	32.87%	4693.22%	-	-
EPS (Basic)	0.14	0.32	0.39	11.95	1.58
EPS (Diluted)	0.14	0.32	0.39	11.95	1.58
EPS Growth	-61.98%	-18.07%	-96.72%	656.66%	-
Free Cash Flow	13.88	67.66	61.73	35.36	26.01
Free Cash Flow Per Share	0.05	0.35	0.43	11.79	8.67
Dividend Per Share	-	-	10.000	-	-
Gross Margin	49.74%	54.05%	53.63%	47.53%	51.84%
Operating Margin	40.54%	47.91%	51.75%	39.10%	43.49%
Profit Margin	29.29%	34.44%	42.66%	33.98%	4.07%
Free Cash Flow Margin	9.89%	37.98%	46.75%	33.52%	22.37%
EBITDA	72.18	104.25	86.57	55.1	60.96
EBITDA Margin	51.44%	58.52%	65.55%	52.23%	52.43%
D&A For EBITDA	15.3	18.91	18.23	13.85	10.4
EBIT	56.88	85.34	68.33	41.25	50.56
EBIT Margin	40.54%	47.91%	51.75%	39.10%	43.49%
Effective Tax Rate	19.09%	23.47%	22.03%	20.77%	74.16%

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