Ivanhoe Mines 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	441.62	40.82	-	-	-
Revenue Growth (YoY)	981.91%	-	-	-	-
Cost of Revenue	377.69	49.46	-	-	-
Gross Profit	63.92	-8.64	-	-	-
Selling, General & Admin	17.89	56.58	43.83	25.21	30.43
Other Operating Expenses	46.96	2.1	-	4.47	8.11
Operating Expenses	131.01	134.75	95.76	90.81	110.71
Operating Income	-67.09	-143.39	-95.76	-90.81	-110.71
Interest Expense	-38.64	-49.14	-31.5	-38.08	-36.54
Interest & Investment Income	173.69	241.26	239.54	175.27	102.29
Earnings From Equity Investments	180.6	291.91	274.83	254.18	105.74
Currency Exchange Gain (Loss)	-	-	-	-2.03	0.07
Other Non Operating Income (Expenses)	-3.34	-159.48	-94.33	25.86	-90.2
EBT Excluding Unusual Items	245.24	181.16	292.78	324.39	-29.36
Gain (Loss) on Sale of Investments	4.88	-2.04	-3.39	-3.63	-0.27
Gain (Loss) on Sale of Assets	-	-	2.76	-0.03	-
Other Unusual Items	-	-	3.14	-	-
Pretax Income	250.12	179.12	295.29	320.74	-29.62
Income Tax Expense	22.13	-14.18	-7.66	-113.37	-74.93
Earnings From Continuing Operations	227.99	193.29	302.94	434.11	45.31
Net Income to Company	227.99	193.29	302.94	434.11	45.31
Minority Interest in Earnings	33.57	34.84	15.98	-23.24	9.93
Net Income	261.56	228.14	318.93	410.86	55.24
Net Income to Common	261.56	228.14	318.93	410.86	55.24
Net Income Growth	14.65%	-28.47%	-22.38%	643.75%	-
Shares Outstanding (Basic)	1,371	1,313	1,221	1,212	1,208
Shares Outstanding (Diluted)	1,380	1,324	1,233	1,228	1,222
Shares Change (YoY)	4.18%	7.38%	0.43%	0.52%	1.72%
EPS (Basic)	0.19	0.17	0.26	0.34	0.05
EPS (Diluted)	0.19	0.17	0.26	0.33	0.05
EPS Growth	11.77%	-34.62%	-21.21%	621.85%	-
Free Cash Flow	-469.26	-644.14	-509.47	18.32	-59.13
Free Cash Flow Per Share	-0.34	-0.49	-0.41	0.01	-0.05
Gross Margin	14.47%	-21.17%	-	-	-
Operating Margin	-15.19%	-351.30%	-	-	-
Profit Margin	59.23%	558.91%	-	-	-
Free Cash Flow Margin	-106.26%	-1578.09%	-	-	-
EBITDA	8.63	-123.73	-93.74	-85.48	-102.02
EBITDA Margin	1.95%	-	-	-	-
D&A For EBITDA	75.72	19.67	2.02	5.33	8.7
EBIT	-67.09	-143.39	-95.76	-90.81	-110.71
EBIT Margin	-15.19%	-	-	-	-
Effective Tax Rate	8.85%	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.