Gold Reserve Ltd. (GDRZF)

Gold Reserve Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Selling, General & Admin	10.52	10.92	6.08	6.57	7.26	5.85
Other Operating Expenses	-	-	0.15	0.17	0.32	0.47
Operating Expenses	10.58	10.98	6.29	6.8	8.1	6.39
Operating Income	-10.58	-10.98	-6.29	-6.8	-8.1	-6.39
Interest Expense	-0.01	-	-	-	-	-
Interest & Investment Income	3.31	2.92	1.91	0.58	0.03	0.29
Currency Exchange Gain (Loss)	-0.04	-0.06	-0.04	-0.1	-0.02	0.02
Other Non Operating Income (Expenses)	-	-	-	-0.22	-2.44	-1.57
EBT Excluding Unusual Items	-7.32	-8.13	-4.42	-6.55	-10.53	-7.64
Merger & Restructuring Charges	-1	-1	-0.7	-0.5	-	-
Gain (Loss) on Sale of Investments	-0.04	0.25	1.08	-0.01	0.02	0.01
Gain (Loss) on Sale of Assets	-	-	-	-0.01	0.06	-0.03
Asset Writedown	-	-	-0.19	-0.62	-	-3.75
Other Unusual Items	-19.06	-5.4	-1.09	-0.91	-0.15	-1.19
Pretax Income	-27.43	-14.28	-5.32	-8.6	-10.6	-12.61
Income Tax Expense	1	0.91	17.8	-	-	-1.09
Net Income	-28.43	-15.19	-23.12	-8.6	-10.6	-11.52
Net Income to Common	-28.43	-15.19	-23.12	-8.6	-10.6	-11.52
Shares Outstanding (Basic)	115	107	100	100	99	99
Shares Outstanding (Diluted)	115	107	100	100	99	99
Shares Change (YoY)	11.17%	7.04%	-	0.07%	0.09%	-
EPS (Basic)	-0.25	-0.14	-0.23	-0.09	-0.11	-0.12
EPS (Diluted)	-0.25	-0.14	-0.23	-0.09	-0.11	-0.12
Free Cash Flow	-20.59	-12.05	-7.43	-6.36	-8.61	-4.61
Free Cash Flow Per Share	-0.18	-0.11	-0.07	-0.06	-0.09	-0.05
EBITDA	-10.57	-10.97	-6.22	-6.7	-7.99	-6.27
D&A For EBITDA	0.01	0.01	0.06	0.1	0.11	0.12
EBIT	-10.58	-10.98	-6.29	-6.8	-8.1	-6.39
Revenue as Reported	3.23	3.11	2.95	0.47	0.09	0.29

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