PT Vale Indonesia Tbk 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	990.2	950.39	1,232	1,179	953.17
Revenue Growth (YoY)	4.19%	-22.88%	4.48%	23.74%	24.64%
Cost of Revenue	879.34	842.16	885.24	865.89	704.32
Gross Profit	110.85	108.23	347.02	313.57	248.85
Selling, General & Admin	52.18	38.25	22.16	19.73	17.69
Other Operating Expenses	20.2	7.89	19.72	20.94	10.44
Operating Expenses	72.39	46.14	41.88	40.67	28.13
Operating Income	38.47	62.09	305.15	272.9	220.72
Interest Expense	-3.2	-3.34	-6.95	-3.82	-2.76
Interest & Investment Income	37.26	36.2	35.75	10.67	2.71
Earnings From Equity Investments	0.61	0.06	0.02	-	-
Currency Exchange Gain (Loss)	-	-	-2.86	0.58	1.05
Other Non Operating Income (Expenses)	16.57	-19.94	24.69	-	-
EBT Excluding Unusual Items	89.71	75.06	355.8	280.33	221.73
Gain (Loss) on Sale of Investments	6.68	1.35	-	-	-
Gain (Loss) on Sale of Assets	-1.85	-2.35	-3.28	-4.53	-1.08
Pretax Income	94.53	74.06	352.52	275.8	220.65
Income Tax Expense	18.47	16.3	78.19	75.42	54.85
Net Income	76.06	57.76	274.33	200.38	165.8
Net Income to Common	76.06	57.76	274.33	200.38	165.8
Net Income Growth	31.69%	-78.94%	36.91%	20.86%	100.19%
Shares Outstanding (Basic)	10,540	10,241	9,936	9,936	9,936
Shares Outstanding (Diluted)	10,540	10,241	9,936	9,936	9,936
Shares Change (YoY)	2.91%	3.07%	-	-	-
EPS (Basic)	0.01	0.01	0.03	0.02	0.02
EPS (Diluted)	0.01	0.01	0.03	0.02	0.02
EPS Growth	27.97%	-79.58%	36.91%	20.86%	100.20%
Free Cash Flow	-251.16	-124.64	134.9	129.38	153.98
Free Cash Flow Per Share	-0.02	-0.01	0.01	0.01	0.01
Dividend Per Share	-	0.003	-	0.006	-
Gross Margin	11.20%	11.39%	28.16%	26.59%	26.11%
Operating Margin	3.89%	6.53%	24.76%	23.14%	23.16%
Profit Margin	7.68%	6.08%	22.26%	16.99%	17.39%
Free Cash Flow Margin	-25.36%	-13.11%	10.95%	10.97%	16.16%
EBITDA	202.34	221.51	473.9	435.78	376.93
EBITDA Margin	20.43%	23.31%	38.46%	36.95%	39.55%
D&A For EBITDA	163.87	159.42	168.76	162.88	156.21
EBIT	38.47	62.09	305.15	272.9	220.72
EBIT Margin	3.89%	6.53%	24.76%	23.14%	23.16%
Effective Tax Rate	19.54%	22.01%	22.18%	27.35%	24.86%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.