Torex Gold 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	1,135	1,116	882.6	868.5	855.8	789.2
Revenue Growth (YoY)	2.94%	26.39%	1.62%	1.48%	8.44%	23.16%
Cost of Revenue	445.5	455.7	398	363.3	331	300.8
Gross Profit	689.8	659.8	484.6	505.2	524.8	488.4
Selling, General & Admin	64.7	47.4	24.4	24.1	20.4	20.9
Other Operating Expenses	-0.7	55.5	33.6	-7.3	-1.9	35.8
Operating Expenses	251	305.8	267.2	226.7	224.5	281.3
Operating Income	438.8	354	217.4	278.5	300.3	207.1
Interest Expense	-17.2	-2.2	-2	-3.1	-2.4	-17.2
Interest & Investment Income	4.8	7.8	13.8	9.8	2.8	2.7
Currency Exchange Gain (Loss)	-3.3	-8.9	1.2	1.3	1.1	-6.4
EBT Excluding Unusual Items	423.1	350.7	230.4	286.5	301.8	186.2
Asset Writedown	-	-	-	-	-40.7	-
Other Unusual Items	-	-	-	-	-	-11.1
Pretax Income	423.1	350.7	230.4	286.5	261.1	175.1
Income Tax Expense	126.1	216.1	26	97.7	109.4	66.1
Net Income	297	134.6	204.4	188.8	151.7	109
Net Income to Common	297	134.6	204.4	188.8	151.7	109
Net Income Growth	138.36%	-34.15%	8.26%	24.46%	39.17%	53.09%
Shares Outstanding (Basic)	86	86	86	86	86	86
Shares Outstanding (Diluted)	88	87	86	86	86	86
Shares Change (YoY)	1.00%	0.71%	0.37%	-0.07%	0.07%	0.34%
EPS (Basic)	3.45	1.57	2.38	2.20	1.77	1.27
EPS (Diluted)	3.39	1.55	2.34	2.19	1.71	1.25
EPS Growth	136.08%	-34.03%	7.08%	27.81%	36.95%	50.74%
Free Cash Flow	-50	-112.2	-178.7	130.5	99.5	199.7
Free Cash Flow Per Share	-0.57	-1.29	-2.07	1.52	1.16	2.32
Gross Margin	60.76%	59.15%	54.91%	58.17%	61.32%	61.88%
Operating Margin	38.65%	31.74%	24.63%	32.07%	35.09%	26.24%
Profit Margin	26.16%	12.07%	23.16%	21.74%	17.73%	13.81%
Free Cash Flow Margin	-4.40%	-10.06%	-20.25%	15.03%	11.63%	25.30%
EBITDA	603.6	548.3	421.4	481.5	500.1	432
EBITDA Margin	53.17%	49.15%	47.74%	55.44%	58.44%	54.74%
D&A For EBITDA	164.8	194.3	204	203	199.8	224.9
EBIT	438.8	354	217.4	278.5	300.3	207.1
EBIT Margin	38.65%	31.74%	24.63%	32.07%	35.09%	26.24%
Effective Tax Rate	29.80%	61.62%	11.29%	34.10%	41.90%	37.75%

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