Lundin Gold 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	1,598	1,193	902.52	815.67	733.33	358.16
Revenue Growth (YoY)	53.38%	32.19%	10.65%	11.23%	104.75%	-
Cost of Revenue	397.14	352.69	330.74	315.27	270.09	132.88
Gross Profit	1,201	840.37	571.78	500.39	463.24	225.27
Selling, General & Admin	54.43	32.62	21.03	19.41	15.79	17.8
Other Operating Expenses	-	-	-	-	9.71	-
Operating Expenses	240.91	210.77	181.35	165.49	142.08	73.49
Operating Income	960.09	629.6	390.43	334.9	321.15	151.78
Interest Expense	-	-5.55	-28.74	-37.76	-38.59	-37.63
Interest & Investment Income	19.66	16.29	12.96	5.09	0.35	0.4
Other Non Operating Income (Expenses)	11.23	231.27	-89.61	-124.96	-25.81	-145.62
EBT Excluding Unusual Items	990.98	871.61	285.04	177.27	257.1	-31.07
Other Unusual Items	-	-237.49	-	-	-	-29.3
Pretax Income	990.98	634.12	285.04	177.27	257.1	-60.37
Income Tax Expense	303.89	208.07	105.58	103.72	35.68	-13.22
Net Income	687.09	426.05	179.46	73.56	221.43	-47.16
Net Income to Common	687.09	426.05	179.46	73.56	221.43	-47.16
Net Income Growth	123.11%	137.41%	143.97%	-66.78%	-	-
Shares Outstanding (Basic)	241	239	237	235	232	228
Shares Outstanding (Diluted)	243	241	239	237	235	228
Shares Change (YoY)	0.77%	0.95%	1.03%	0.91%	3.11%	2.83%
EPS (Basic)	2.85	1.78	0.76	0.31	0.95	-0.21
EPS (Diluted)	2.83	1.76	0.75	0.31	0.94	-0.21
EPS Growth	120.71%	134.67%	141.94%	-67.02%	-	-
Free Cash Flow	778.2	579.99	471.16	372.13	360.76	54.88
Free Cash Flow Per Share	3.21	2.40	1.97	1.57	1.54	0.24
Dividend Per Share	1.740	0.600	0.400	0.200	-	-
Dividend Growth	248.00%	50.00%	100.00%	-	-	-
Gross Margin	75.15%	70.44%	63.35%	61.35%	63.17%	62.90%
Operating Margin	60.08%	52.77%	43.26%	41.06%	43.79%	42.38%
Profit Margin	42.99%	35.71%	19.88%	9.02%	30.20%	-13.17%
Free Cash Flow Margin	48.69%	48.61%	52.20%	45.62%	49.20%	15.32%
EBITDA	1,093	766.6	527.06	465.57	428.71	207.19
EBITDA Margin	68.39%	64.26%	58.40%	57.08%	58.46%	57.85%
D&A For EBITDA	132.92	137	136.63	130.68	107.56	55.41
EBIT	960.09	629.6	390.43	334.9	321.15	151.78
EBIT Margin	60.08%	52.77%	43.26%	41.06%	43.79%	42.38%
Effective Tax Rate	30.67%	32.81%	37.04%	58.51%	13.88%	-

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