Santacruz Silver Mining 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	305.27	282.99	251.26	278.59	53.33	33.1
Revenue Growth (YoY)	17.89%	12.63%	-9.81%	422.36%	61.15%	13.69%
Cost of Revenue	187.03	206.06	199.43	241.07	40.67	32.11
Gross Profit	118.24	76.93	51.82	37.52	12.66	0.99
Selling, General & Admin	21.42	24.31	26.29	21.55	11.93	6.11
Other Operating Expenses	1.91	1.9	1.04	1.24	1.33	0.9
Operating Expenses	45.25	46.01	61.11	38.7	20.76	7.01
Operating Income	72.98	30.92	-9.28	-1.18	-8.1	-6.02
Interest Expense	-2.24	-2.22	-2.76	-4.26	-3.29	-0.8
Interest & Investment Income	1.56	0.48	0.58	0.95	0.27	0.22
Currency Exchange Gain (Loss)	16.46	44.2	6.73	0.62	0.13	0.12
Other Non Operating Income (Expenses)	2.87	0.46	0.71	3.36	-0.25	4.78
EBT Excluding Unusual Items	91.63	73.83	-4.02	-0.51	-11.24	-1.71
Merger & Restructuring Charges	-	-	-	-3.6	-	-
Impairment of Goodwill	-	-	-6.47	-	-	-
Gain (Loss) on Sale of Investments	-	-	-2.05	-1.54	2.08	-
Gain (Loss) on Sale of Assets	-	-	14.65	-	0.91	-
Asset Writedown	-	-	-8.57	-4.54	-	-
Other Unusual Items	-3.19	118.21	-1.45	-3.8	-	0.31
Pretax Income	88.44	192.04	-7.91	-13.99	-8.24	-1.4
Income Tax Expense	28.82	27.55	3.1	4.51	3.32	0.09
Earnings From Continuing Operations	59.61	164.48	-11.01	-18.51	-11.57	-1.49
Net Income	59.61	164.48	-11.01	-18.51	-11.57	-1.49
Net Income to Common	59.61	164.48	-11.01	-18.51	-11.57	-1.49
Shares Outstanding (Basic)	89	88	87	85	77	55
Shares Outstanding (Diluted)	91	89	88	85	77	55
Shares Change (YoY)	1.37%	1.12%	3.89%	10.09%	39.27%	21.75%
EPS (Basic)	0.67	1.86	-0.13	-0.22	-0.15	-0.03
EPS (Diluted)	0.67	1.84	-0.13	-0.22	-0.15	-0.03
Free Cash Flow	58.53	31.81	7.46	13.6	-5.07	-6.45
Free Cash Flow Per Share	0.64	0.36	0.09	0.16	-0.07	-0.12
Gross Margin	38.73%	27.19%	20.63%	13.47%	23.74%	2.99%
Operating Margin	23.91%	10.93%	-3.69%	-0.42%	-15.19%	-18.18%
Profit Margin	19.53%	58.12%	-4.38%	-6.64%	-21.68%	-4.51%
Free Cash Flow Margin	19.17%	11.24%	2.97%	4.88%	-9.51%	-19.48%
EBITDA	91.93	49.95	23.91	13.3	-3.96	-5.26
EBITDA Margin	30.11%	17.65%	9.52%	4.77%	-7.43%	-15.88%
D&A For EBITDA	18.94	19.03	33.19	14.47	4.14	0.76
EBIT	72.98	30.92	-9.28	-1.18	-8.1	-6.02
EBIT Margin	23.91%	10.93%	-3.69%	-0.42%	-15.19%	-18.18%
Effective Tax Rate	32.59%	14.35%	-	-	-	-

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