First Quantum Minerals Ltd. (TSX:FM)

First Quantum Minerals 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	4,951	4,802	6,456	7,626	7,212	5,070
Revenue Growth (YoY)	-10.21%	-25.62%	-15.34%	5.74%	42.25%	24.66%
Cost of Revenue	3,408	3,452	5,164	5,426	4,650	3,993
Gross Profit	1,543	1,350	1,292	2,200	2,562	1,077
Selling, General & Admin	157	148	142	136	118	99
Other Operating Expenses	188	220	25	-	27	9
Operating Expenses	370	392	197	162	165	123
Operating Income	1,173	958	1,095	2,038	2,397	954
Interest Expense	-525	-556	-549	-584	-650	-793
Interest & Investment Income	91	90	106	80	65	66
Earnings From Equity Investments	-88	-85	-18	44	75	-45
Currency Exchange Gain (Loss)	6	4	-67	184	159	-225
Other Non Operating Income (Expenses)	-136	-132	-104	-253	-80	80
EBT Excluding Unusual Items	521	279	463	1,509	1,966	37
Merger & Restructuring Charges	-2	-14	-49	-	-	-
Asset Writedown	-4	-75	-900	-	-44	-
Other Unusual Items	88	90	-	-40	-21	-5
Pretax Income	603	280	-486	1,469	1,901	32
Income Tax Expense	452	388	757	320	812	256
Earnings From Continuing Operations	151	-108	-1,243	1,149	1,089	-224
Net Income to Company	151	-108	-1,243	1,149	1,089	-224
Minority Interest in Earnings	51	110	289	-115	-257	44
Net Income	202	2	-954	1,034	832	-180
Net Income to Common	202	2	-954	1,034	832	-180
Net Income Growth	-	-	-	24.28%	-	-
Shares Outstanding (Basic)	832	812	691	691	689	688
Shares Outstanding (Diluted)	832	812	691	693	692	688
Shares Change (YoY)	12.26%	17.56%	-0.30%	0.18%	0.47%	0.13%
EPS (Basic)	0.24	0.00	-1.38	1.50	1.21	-0.26
EPS (Diluted)	0.24	0.00	-1.38	1.49	1.20	-0.26
EPS Growth	-	-	-	24.17%	-	-
Free Cash Flow	479	311	101	1,141	1,886	1,003
Free Cash Flow Per Share	0.57	0.38	0.15	1.65	2.73	1.46
Dividend Per Share	-	-	0.061	0.214	0.008	0.008
Dividend Growth	-	-	-71.73%	2611.62%	0.69%	1.79%
Gross Margin	31.16%	28.11%	20.01%	28.85%	35.52%	21.24%
Operating Margin	23.69%	19.95%	16.96%	26.72%	33.24%	18.82%
Profit Margin	4.08%	0.04%	-14.78%	13.56%	11.54%	-3.55%
Free Cash Flow Margin	9.68%	6.48%	1.56%	14.96%	26.15%	19.78%
EBITDA	1,849	1,624	2,255	3,282	3,549	2,164
EBITDA Margin	37.35%	33.82%	34.93%	43.04%	49.21%	42.68%
D&A For EBITDA	676	666	1,160	1,244	1,152	1,210
EBIT	1,173	958	1,095	2,038	2,397	954
EBIT Margin	23.69%	19.95%	16.96%	26.72%	33.24%	18.82%
Effective Tax Rate	74.96%	138.57%	-	21.78%	42.71%	800.00%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.