Lundin Gold 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	1,783	1,193	902.52	815.67	733.33
Revenue Growth (YoY)	49.44%	32.19%	10.65%	11.23%	104.75%
Cost of Revenue	421.56	352.69	330.74	315.27	270.09
Gross Profit	1,361	840.37	571.78	500.39	463.24
Selling, General & Admin	64.42	32.62	21.03	19.41	15.79
Other Operating Expenses	-	-	-	-	9.71
Operating Expenses	258.98	210.77	181.35	165.49	142.08
Operating Income	1,102	629.6	390.43	334.9	321.15
Interest Expense	-	-266.54	-28.74	-37.76	-38.59
Interest & Investment Income	22.86	16.29	12.96	5.09	0.35
Other Non Operating Income (Expenses)	-1.72	256.68	-89.61	-124.96	-25.81
EBT Excluding Unusual Items	1,124	636.03	285.04	177.27	257.1
Other Unusual Items	-	-1.91	-	-	-
Pretax Income	1,124	634.12	285.04	177.27	257.1
Income Tax Expense	331.39	208.07	105.58	103.72	35.68
Net Income	792.15	426.05	179.46	73.56	221.43
Net Income to Common	792.15	426.05	179.46	73.56	221.43
Net Income Growth	85.93%	137.41%	143.97%	-66.78%	-
Shares Outstanding (Basic)	241	239	237	235	232
Shares Outstanding (Diluted)	243	241	239	237	235
Shares Change (YoY)	0.45%	0.95%	1.03%	0.91%	3.11%
EPS (Basic)	3.29	1.78	0.76	0.31	0.95
EPS (Diluted)	3.27	1.76	0.75	0.31	0.94
EPS Growth	85.80%	134.67%	141.94%	-67.02%	-
Free Cash Flow	937.05	579.99	471.16	372.13	360.76
Free Cash Flow Per Share	3.86	2.40	1.97	1.57	1.54
Dividend Per Share	2.750	0.600	0.400	0.200	-
Dividend Growth	358.33%	50.00%	100.00%	-	-
Gross Margin	76.36%	70.44%	63.35%	61.35%	63.17%
Operating Margin	61.83%	52.77%	43.26%	41.06%	43.79%
Profit Margin	44.43%	35.71%	19.88%	9.02%	30.20%
Free Cash Flow Margin	52.56%	48.61%	52.20%	45.62%	49.20%
EBITDA	1,238	766.6	527.06	465.57	428.71
EBITDA Margin	69.41%	64.26%	58.40%	57.08%	58.46%
D&A For EBITDA	135.13	137	136.63	130.68	107.56
EBIT	1,102	629.6	390.43	334.9	321.15
EBIT Margin	61.83%	52.77%	43.26%	41.06%	43.79%
Effective Tax Rate	29.49%	32.81%	37.04%	58.51%	13.88%

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