Lundin Mining Corporation (LUNMF)

FARO Technologies 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,633	3,423	2,743	3,041	3,329	2,042
Revenue Growth (YoY)	17.42%	24.76%	-9.79%	-8.64%	63.05%	7.86%
Cost of Revenue	1,976	1,908	1,644	1,724	1,436	1,096
Gross Profit	1,657	1,515	1,099	1,317	1,892	945.6
Selling, General & Admin	66.27	59.67	72.87	54.18	52.97	46.1
Other Operating Expenses	21.09	22.29	19.74	14.34	9.11	10.36
Operating Expenses	730.03	733.73	628.34	767.33	629.01	546.22
Operating Income	927.4	780.8	471.07	550	1,263	399.38
Interest Expense	-128.54	-129.24	-79.21	-48.25	-35.39	-42.75
Interest & Investment Income	16.49	16.69	10.88	4.21	0.61	5.99
Earnings From Equity Investments	-	-	-	-	24.9	3.3
Currency Exchange Gain (Loss)	-62.59	-7.59	104.9	146.72	-8.92	12.96
Other Non Operating Income (Expenses)	32.61	-0.99	-22.13	-78.83	-16.15	-35.81
EBT Excluding Unusual Items	785.37	659.67	485.5	573.85	1,229	343.07
Gain (Loss) on Sale of Investments	-0.9	-	-	5.48	7.09	-0.71
Gain (Loss) on Sale of Assets	3	-	5.72	18.83	-6.63	-0.88
Asset Writedown	-259.15	-276.35	-	-	-	-
Other Unusual Items	9.8	-	-	-	-	-
Pretax Income	538.13	383.33	491.22	598.16	1,245	341.48
Income Tax Expense	246.37	229.97	214.37	134.63	365.69	152.42
Earnings From Continuing Operations	291.75	153.35	276.85	463.53	879.3	189.06
Earnings From Discontinued Operations	-138.77	-214.67	38.4	-	-	-
Net Income to Company	152.98	-61.32	315.25	463.53	879.3	189.06
Minority Interest in Earnings	-139.21	-142.21	-73.69	-36.68	-98.95	-20.26
Net Income	13.77	-203.53	241.56	426.85	780.35	168.8
Net Income to Common	13.77	-203.53	241.56	426.85	780.35	168.8
Net Income Growth	-91.96%	-	-43.41%	-45.30%	362.30%	0.92%
Shares Outstanding (Basic)	815	775	773	763	737	734
Shares Outstanding (Diluted)	818	778	773	764	739	735
Shares Change (YoY)	5.46%	0.55%	1.27%	3.29%	0.54%	-0.10%
EPS (Basic)	0.02	-0.26	0.31	0.56	1.06	0.23
EPS (Diluted)	0.01	-0.27	0.31	0.56	1.06	0.23
EPS Growth	-94.17%	-	-44.68%	-47.15%	360.60%	1.09%
Free Cash Flow	582.55	711.55	159.47	33.99	952.86	134.65
Free Cash Flow Per Share	0.71	0.92	0.21	0.04	1.29	0.18
Dividend Per Share	0.205	0.250	0.273	0.266	0.237	0.126
Dividend Growth	-23.62%	-8.21%	2.48%	12.20%	88.79%	35.72%
Gross Margin	45.62%	44.25%	40.07%	43.32%	56.85%	46.32%
Operating Margin	25.53%	22.81%	17.17%	18.09%	37.96%	19.56%
Profit Margin	0.38%	-5.95%	8.80%	14.04%	23.44%	8.27%
Free Cash Flow Margin	16.03%	20.79%	5.81%	1.12%	28.63%	6.60%
EBITDA	1,282	1,147	828.28	974.8	1,644	691.31
EBITDA Margin	35.27%	33.52%	30.19%	32.05%	49.39%	33.86%
D&A For EBITDA	354.18	366.58	357.22	424.81	380.66	291.93
EBIT	927.4	780.8	471.07	550	1,263	399.38
EBIT Margin	25.53%	22.81%	17.17%	18.09%	37.96%	19.56%
Effective Tax Rate	45.78%	59.99%	43.64%	22.51%	29.37%	44.64%

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.