Ivanhoe Electric 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	3.24	2.9	3.9	8.44	4.65
Revenue Growth (YoY)	11.82%	-25.67%	-53.76%	81.43%	-
Cost of Revenue	1.13	1.02	2.99	3.14	1.52
Gross Profit	2.12	1.88	0.92	5.31	3.13
Selling, General & Admin	39.27	45.04	48.48	27.14	20.55
Research & Development	0.28	2.85	6.12	5.04	3.83
Exploration Expenses	63.29	130.94	126.72	105.29	39.51
Other Operating Expenses	2.56	-	-	-	-
Total Operating Expenses	105.39	178.83	181.32	137.47	63.88
Operating Income	-113.57	-176.95	-180.4	-132.17	-60.75
Interest Expense	-4.14	-2.59	-2.96	-0.97	-1.53
Other Non-Operating Income (Expense)	-7.32	39.3	-33.3	-26.47	-5.74
Total Non-Operating Income (Expense)	-11.46	36.71	-36.26	-27.44	-7.28
Pretax Income	-125.04	-140.24	-216.66	-159.6	-68.03
Provision for Income Taxes	0.01	0.03	-0.58	0.62	0.48
Net Income	-105.87	-128.62	-199.38	-149.81	-59.32
Minority Interest in Earnings	-19.17	-11.65	-16.7	-10.41	-9.19
Net Income to Common	-105.87	-128.62	-199.38	-149.81	-59.32
Shares Outstanding (Basic)	133	120	102	79	62
Shares Outstanding (Diluted)	133	120	102	79	62
Shares Change (YoY)	10.26%	17.45%	30.52%	27.68%	-
EPS (Basic)	-0.80	1.07	1.95	1.91	0.96
EPS (Diluted)	-0.80	1.07	1.95	1.91	0.96
EPS Growth	-	-45.13%	2.09%	98.96%	-
Free Cash Flow	-93.2	-165.03	-152.09	-124.24	-51.82
Free Cash Flow Per Share	-	-1.37	-1.48	-1.58	-0.84
Gross Margin	65.29%	64.91%	23.49%	62.86%	67.33%
Operating Margin	-3500.96%	-6099.66%	-4622.14%	-1565.94%	-1305.87%
Profit Margin	-3854.72%	-4835.23%	-5536.13%	-1898.35%	-1472.72%
FCF Margin	-2873.09%	-5688.59%	-3896.82%	-1472.04%	-1114.02%
EBITDA	-110.62	-174.25	-177.76	-127.95	-56.5
EBITDA Margin	-3409.99%	-6006.48%	-4554.50%	-1516.04%	-1214.51%
EBIT	-113.57	-176.95	-180.4	-132.17	-60.75
EBIT Margin	-3500.96%	-6099.66%	-4622.14%	-1565.94%	-1305.87%
Effective Tax Rate	-0.01%	-0.02%	0.27%	-0.39%	-0.71%

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