Lundin Gold Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,994	1,783	1,193	902.52	815.67	733.33
Revenue Growth (YoY)	50.76%	49.44%	32.19%	10.65%	11.23%	104.75%
Cost of Revenue	580.48	556.6	489.66	467.34	445.91	377.62
Gross Profit	1,413	1,226	703.39	435.18	369.75	355.71
Selling, General & Admin	63.46	64.42	34.53	21.03	19.41	25.5
Depreciation & Amortization Expenses	138.32	135.04	136.98	136.6	130.64	107.52
Exploration Expenses	67.67	119.05	82.34	23.72	15.45	9.07
Total Operating Expenses	269.45	318.5	253.85	181.35	165.49	142.08
Operating Income	1,144	907.83	449.54	253.83	204.26	213.63
Interest Income	24.53	22.86	16.29	12.96	5.09	-
Interest Expense	-	-	-266.54	-85.27	-240.8	-50.93
Other Non-Operating Income (Expense)	-2.51	-1.72	256.68	-33.09	78.09	-13.12
Total Non-Operating Income (Expense)	22.02	21.15	6.43	-105.39	-157.63	-64.05
Pretax Income	1,304	1,124	634.12	285.04	177.27	257.1
Provision for Income Taxes	392.33	331.39	208.07	105.58	103.72	35.68
Net Income	911.98	792.15	426.05	179.46	73.56	221.43
Net Income to Common	911.98	792.15	426.05	179.46	73.56	221.43
Net Income Growth	69.62%	85.93%	137.41%	143.97%	-66.78%	-
Shares Outstanding (Basic)	241	241	239	237	235	232
Shares Outstanding (Diluted)	243	243	241	239	237	235
Shares Change (YoY)	0.32%	0.45%	0.95%	1.03%	0.91%	3.11%
EPS (Basic)	3.78	3.29	1.78	0.76	0.31	0.95
EPS (Diluted)	3.77	3.27	1.76	0.75	0.31	0.94
EPS Growth	69.82%	85.80%	134.67%	141.94%	-67.02%	-
Shares Outstanding	241.68	241.43	240.2	237.86	235.65	233.36
Free Cash Flow	1,115	937.05	579.99	471.16	372.13	360.76
Free Cash Flow Growth	18.99%	61.56%	23.10%	26.61%	3.15%	557.39%
Free Cash Flow Per Share	4.59	3.86	2.40	1.97	1.57	1.54
Dividends Per Share	3.190	2.340	0.600	0.400	0.200	-
Dividend Growth	36.33%	290.00%	50.00%	100.00%	-	-
Gross Margin	70.89%	68.78%	58.96%	48.22%	45.33%	48.51%
Operating Margin	57.38%	50.92%	37.68%	28.12%	25.04%	29.13%
Profit Margin	45.74%	44.43%	35.71%	19.88%	9.02%	30.19%
FCF Margin	55.92%	52.56%	48.61%	52.21%	45.62%	49.20%
EBITDA	1,282	1,043	586.54	390.46	334.94	321.19
EBITDA Margin	64.32%	58.50%	49.16%	43.26%	41.06%	43.80%
EBIT	1,144	907.83	449.54	253.83	204.26	213.63
EBIT Margin	57.38%	50.92%	37.68%	28.12%	25.04%	29.13%
Effective Tax Rate	30.08%	29.50%	32.81%	37.04%	58.51%	13.88%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.