Lundin Mining Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	3,767	3,423	2,743	3,041	3,329	2,042	Upgrade
Revenue Growth (YoY)	26.62%	24.76%	-9.79%	-8.64%	63.05%	7.86%	Upgrade
Cost of Revenue	2,010	1,908	1,644	1,724	1,436	1,096	Upgrade
Gross Profit	1,757	1,515	1,099	1,317	1,892	945.6	Upgrade
Selling, General & Admin	66.67	59.67	72.87	54.18	52.97	46.1	Upgrade
Other Operating Expenses	20.19	22.29	19.74	14.34	9.11	10.36	Upgrade
Operating Expenses	744.63	733.73	628.34	767.33	629.01	546.22	Upgrade
Operating Income	1,012	780.8	471.07	550	1,263	399.38	Upgrade
Interest Expense	-108.24	-129.24	-79.21	-48.25	-35.39	-42.75	Upgrade
Interest & Investment Income	15.59	16.69	10.88	4.21	0.61	5.99	Upgrade
Earnings From Equity Investments	-	-	-	-	24.9	3.3	Upgrade
Currency Exchange Gain (Loss)	-46.57	-14.97	103.05	146.72	-8.92	12.96	Upgrade
Other Non Operating Income (Expenses)	-32.79	-0.99	-22.13	-78.83	-16.15	-35.81	Upgrade
EBT Excluding Unusual Items	840.09	652.29	483.65	573.85	1,229	343.07	Upgrade
Gain (Loss) on Sale of Investments	10.58	7.38	1.85	5.48	7.09	-0.71	Upgrade
Gain (Loss) on Sale of Assets	3	-	5.72	18.83	-6.63	-0.88	Upgrade
Asset Writedown	-258.35	-276.35	-	-	-	-	Upgrade
Other Unusual Items	24.6	-	-	-	-	-	Upgrade
Pretax Income	619.93	383.33	491.22	598.16	1,245	341.48	Upgrade
Income Tax Expense	254.07	229.97	214.37	134.63	365.69	152.42	Upgrade
Earnings From Continuing Operations	365.85	153.35	276.85	463.53	879.3	189.06	Upgrade
Earnings From Discontinued Operations	-136.47	-214.67	38.4	-	-	-	Upgrade
Net Income to Company	229.38	-61.32	315.25	463.53	879.3	189.06	Upgrade
Minority Interest in Earnings	-153.81	-142.21	-73.69	-36.68	-98.95	-20.26	Upgrade
Net Income	75.57	-203.53	241.56	426.85	780.35	168.8	Upgrade
Net Income to Common	75.57	-203.53	241.56	426.85	780.35	168.8	Upgrade
Net Income Growth	-72.56%	-	-43.41%	-45.30%	362.30%	0.92%	Upgrade
Shares Outstanding (Basic)	835	775	773	763	737	734	Upgrade
Shares Outstanding (Diluted)	838	778	773	764	739	735	Upgrade
Shares Change (YoY)	7.96%	0.55%	1.27%	3.29%	0.54%	-0.10%	Upgrade
EPS (Basic)	0.09	-0.26	0.31	0.56	1.06	0.23	Upgrade
EPS (Diluted)	0.09	-0.27	0.31	0.56	1.06	0.23	Upgrade
EPS Growth	-74.55%	-	-44.68%	-47.15%	360.60%	1.09%	Upgrade
Free Cash Flow	713.35	711.55	159.47	33.99	952.86	134.65	Upgrade
Free Cash Flow Per Share	0.85	0.92	0.21	0.04	1.29	0.18	Upgrade
Dividend Per Share	0.154	0.250	0.273	0.266	0.237	0.126	Upgrade
Dividend Growth	-43.40%	-8.21%	2.48%	12.20%	88.79%	35.72%	Upgrade
Gross Margin	46.63%	44.25%	40.07%	43.32%	56.85%	46.32%	Upgrade
Operating Margin	26.87%	22.81%	17.17%	18.09%	37.96%	19.56%	Upgrade
Profit Margin	2.01%	-5.95%	8.80%	14.04%	23.44%	8.27%	Upgrade
Free Cash Flow Margin	18.94%	20.79%	5.81%	1.12%	28.63%	6.60%	Upgrade
EBITDA	1,375	1,138	823.01	974.8	1,644	691.31	Upgrade
EBITDA Margin	36.49%	33.25%	30.00%	32.05%	49.39%	33.86%	Upgrade
D&A For EBITDA	362.47	357.27	351.95	424.81	380.66	291.93	Upgrade
EBIT	1,012	780.8	471.07	550	1,263	399.38	Upgrade
EBIT Margin	26.87%	22.81%	17.17%	18.09%	37.96%	19.56%	Upgrade
Effective Tax Rate	40.98%	59.99%	43.64%	22.51%	29.37%	44.64%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.