Sibanye Stillwater Limited (JSE:SSW)

Sibanye Stillwater Income Statement

Financials in millions ZAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	111,692	112,129	113,684	138,288	172,194	127,392
Revenue Growth (YoY)	3.11%	-1.37%	-17.79%	-19.69%	35.17%	74.69%
Cost of Revenue	95,421	105,208	99,768	101,624	109,306	83,369
Gross Profit	16,271	6,921	13,916	36,664	62,888	44,023
Other Operating Expenses	5,566	5,654	6,435	3,959	3,618	3,256
Operating Expenses	17,543	15,114	45,223	4,190	9,161	3,802
Operating Income	-1,272	-8,193	-31,307	32,474	53,727	40,221
Interest Expense	-3,850	-3,567	-2,471	-2,144	-1,804	-2,372
Interest & Investment Income	1,274	1,337	1,369	1,203	1,202	1,065
Earnings From Equity Investments	-356	212	-1,174	1,287	1,989	1,700
Currency Exchange Gain (Loss)	-41	-215	1,973	616	1,149	-255
Other Non Operating Income (Expenses)	4,532	6,667	-2	-5,301	-8,245	-3,137
EBT Excluding Unusual Items	287	-3,759	-31,612	28,135	48,018	37,222
Merger & Restructuring Charges	-1,415	-1,401	-989	-515	-247	-575
Impairment of Goodwill	-	-	-8,435	-	-	-
Gain (Loss) on Sale of Investments	94	-22	-4	152	-4	90
Gain (Loss) on Sale of Assets	36	55	105	-1	52	99
Asset Writedown	-	-	-86	7	-	2
Legal Settlements	38	38	295	126	-63	432
Other Unusual Items	-	-	880	-	-199	-1,790
Pretax Income	-809	-4,214	-39,846	27,904	47,557	35,480
Income Tax Expense	1,806	1,496	-2,416	8,924	13,761	4,858
Earnings From Continuing Operations	-2,615	-5,710	-37,430	18,980	33,796	30,622
Minority Interest in Earnings	-938	-1,587	-342	-584	-742	-1,310
Net Income	-3,553	-7,297	-37,772	18,396	33,054	29,312
Net Income to Common	-3,553	-7,297	-37,772	18,396	33,054	29,312
Net Income Growth	-	-	-	-44.35%	12.77%	47177.42%
Shares Outstanding (Basic)	2,831	2,831	2,831	2,826	2,899	2,729
Shares Outstanding (Diluted)	2,831	2,831	2,831	2,831	2,927	2,778
Shares Change (YoY)	-	-	-0.01%	-3.29%	5.37%	7.72%
EPS (Basic)	-1.26	-2.58	-13.34	6.51	11.40	10.74
EPS (Diluted)	-1.26	-2.58	-13.34	6.50	11.29	10.55
EPS Growth	-	-	-	-42.43%	7.01%	43785.19%
Free Cash Flow	-194	-11,283	-9,998	9,097	37,692	19,233
Free Cash Flow Per Share	-0.07	-3.99	-3.53	3.21	12.88	6.92
Dividend Per Share	-	-	0.530	2.600	4.790	3.710
Dividend Growth	-	-	-79.62%	-45.72%	29.11%	-
Gross Margin	14.57%	6.17%	12.24%	26.51%	36.52%	34.56%
Operating Margin	-1.14%	-7.31%	-27.54%	23.48%	31.20%	31.57%
Profit Margin	-3.18%	-6.51%	-33.23%	13.30%	19.20%	23.01%
Free Cash Flow Margin	-0.17%	-10.06%	-8.79%	6.58%	21.89%	15.10%
EBITDA	17,652	10,647	17,745	40,072	67,671	48,375
EBITDA Margin	15.80%	9.50%	15.61%	28.98%	39.30%	37.97%
D&A For EBITDA	18,924	18,840	49,052	7,598	13,944	8,154
EBIT	-1,272	-8,193	-31,307	32,474	53,727	40,221
EBIT Margin	-1.14%	-7.31%	-27.54%	23.48%	31.20%	31.57%
Effective Tax Rate	-	-	-	31.98%	28.94%	13.69%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.