Lundin Gold Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,783	1,193	902.52	815.67	733.33
Revenue Growth (YoY)	49.44%	32.19%	10.65%	11.23%	104.75%
Cost of Revenue	556.6	489.66	467.34	445.91	377.62
Gross Profit	1,226	703.39	435.18	369.75	355.71
Selling, General & Admin	64.42	34.53	21.03	19.41	25.5
Depreciation & Amortization Expenses	135.04	136.98	136.6	130.64	107.52
Exploration Expenses	119.05	82.34	23.72	15.45	9.07
Operating Income	907.83	449.54	253.83	204.26	213.63
Interest Income	22.86	16.29	12.96	5.09	-
Interest Expense	-	-266.54	-85.27	-240.8	-50.93
Other Non-Operating Income (Expense)	-1.72	256.68	-33.09	78.09	-13.12
Total Non-Operating Income (Expense)	21.15	6.43	-105.39	-157.63	-64.05
Pretax Income	1,124	634.12	285.04	177.27	257.1
Provision for Income Taxes	331.39	208.07	105.58	103.72	35.68
Net Income	792.15	426.05	179.46	73.56	221.43
Net Income to Common	792.15	426.05	179.46	73.56	221.43
Net Income Growth	85.93%	137.41%	143.97%	-66.78%	-
Shares Outstanding (Basic)	241	239	237	235	232
Shares Outstanding (Diluted)	243	241	239	237	235
Shares Change (YoY)	0.45%	0.95%	1.03%	0.91%	3.11%
EPS (Basic)	3.29	1.78	0.76	0.31	0.95
EPS (Diluted)	3.27	1.76	0.75	0.31	0.94
EPS Growth	85.80%	134.67%	141.94%	-67.02%	-
Free Cash Flow	937.05	579.99	471.16	372.13	360.76
Free Cash Flow Growth	61.56%	23.10%	26.61%	3.15%	557.39%
Free Cash Flow Per Share	3.86	2.40	1.97	1.57	1.54
Dividends Per Share	2.340	0.600	0.400	0.200	-
Dividend Growth	290.00%	50.00%	100.00%	-	-
Gross Margin	68.78%	58.96%	48.22%	45.33%	48.51%
Operating Margin	50.92%	37.68%	28.12%	25.04%	29.13%
Profit Margin	44.43%	35.71%	19.88%	9.02%	30.19%
FCF Margin	52.56%	48.61%	52.21%	45.62%	49.19%
EBITDA	1,043	586.54	390.46	334.94	321.19
EBITDA Margin	58.50%	49.16%	43.26%	41.06%	43.80%
EBIT	907.83	449.54	253.83	204.26	213.63
EBIT Margin	50.92%	37.68%	28.12%	25.04%	29.13%
Effective Tax Rate	29.50%	32.81%	37.04%	58.51%	13.88%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.