SouthGobi Resources 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	601.6	493.38	331.51	73.08	43.4	85.95
Revenue Growth (YoY)	47.73%	48.83%	353.60%	68.40%	-49.51%	-33.74%
Cost of Revenue	578.43	360.82	153.21	59.27	33.72	58.66
Gross Profit	23.16	132.56	178.3	13.81	9.68	27.29
Selling, General & Admin	13.28	13.45	10.44	6.92	6.07	6.97
Other Operating Expenses	2.46	7.01	5.71	-0.68	-0.5	2.43
Operating Expenses	16.34	21.83	17.14	6.39	5.79	9.62
Operating Income	6.82	110.73	161.16	7.42	3.89	17.67
Interest Expense	-35.09	-37.4	-46.47	-39.73	-36.46	-28.21
Interest & Investment Income	0.05	0.14	0.23	0.04	0.08	0.02
Earnings From Equity Investments	44.12	43.48	-82.3	0.12	-0.16	1.31
Currency Exchange Gain (Loss)	0.12	-0.13	-1.2	4.64	-0.33	1.59
Other Non Operating Income (Expenses)	1.5	0.3	-2.22	-1.96	-2.05	-2.86
EBT Excluding Unusual Items	17.53	117.12	29.21	-29.47	-35.02	-10.47
Gain (Loss) on Sale of Assets	-0	0.26	-	0.2	0.3	0.07
Legal Settlements	-	-	-	-	-	-4.63
Other Unusual Items	8	6.23	5.52	3.52	22.99	2.55
Pretax Income	25.53	123.62	34.73	-25.75	-11.74	-12.49
Income Tax Expense	9.29	31.12	33.82	4.67	2.64	7.6
Net Income	16.24	92.5	0.91	-30.42	-14.37	-20.09
Net Income to Common	16.24	92.5	0.91	-30.42	-14.37	-20.09
Net Income Growth	-63.55%	10086.89%	-	-	-	-
Shares Outstanding (Basic)	297	297	295	277	273	273
Shares Outstanding (Diluted)	297	298	296	277	273	273
Shares Change (YoY)	-0.14%	0.73%	6.92%	1.17%	0.25%	-
EPS (Basic)	0.05	0.31	0.00	-0.11	-0.05	-0.07
EPS (Diluted)	0.05	0.31	0.00	-0.11	-0.05	-0.07
EPS Growth	-63.43%	10266.67%	-	-	-	-
Free Cash Flow	-7.6	-10.7	116.32	14.26	-14.78	11.8
Free Cash Flow Per Share	-0.03	-0.04	0.39	0.05	-0.05	0.04
Gross Margin	3.85%	26.87%	53.79%	18.90%	22.31%	31.75%
Operating Margin	1.13%	22.44%	48.62%	10.15%	8.97%	20.56%
Profit Margin	2.70%	18.75%	0.27%	-41.62%	-33.12%	-23.37%
Free Cash Flow Margin	-1.26%	-2.17%	35.09%	19.51%	-34.07%	13.73%
EBITDA	48.37	130.76	166.82	11.49	9.39	26.61
EBITDA Margin	8.04%	26.50%	50.32%	15.72%	21.64%	30.95%
D&A For EBITDA	41.55	20.03	5.66	4.07	5.5	8.93
EBIT	6.82	110.73	161.16	7.42	3.89	17.67
EBIT Margin	1.13%	22.44%	48.62%	10.15%	8.97%	20.56%
Effective Tax Rate	36.39%	25.17%	97.39%	-	-	-

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