Mandalay Resources Corporation (TSX:MND)

Mandalay Resources 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	263.21	240.66	173.34	191.7	229.4	178.97
Revenue Growth (YoY)	41.00%	38.83%	-9.57%	-16.43%	28.17%	66.03%
Cost of Revenue	114.89	110.5	105.92	94.9	108.85	78.78
Gross Profit	148.32	130.16	67.42	96.8	120.54	100.19
Selling, General & Admin	8.87	8.04	7.09	5.62	5.58	5.95
Other Operating Expenses	0.93	0.69	0.72	0.4	0.08	0.1
Operating Expenses	46.75	46.85	42.66	41.29	46.74	42.66
Operating Income	101.57	83.31	24.76	55.51	73.8	57.53
Interest Expense	-1.41	-1.96	-2.11	-2.93	-3.94	-6.03
Interest & Investment Income	0.55	-	-	0.84	0.15	0.66
Currency Exchange Gain (Loss)	-2.65	3.52	-0.49	-0.79	3.35	-1.04
Other Non Operating Income (Expenses)	3.61	2.61	-0.86	-1.41	-4.72	-0.85
EBT Excluding Unusual Items	101.67	87.47	21.3	51.22	68.65	50.27
Gain (Loss) on Sale of Investments	-12.27	-12.27	-0.6	-1.29	-1.3	-
Gain (Loss) on Sale of Assets	0	0.04	0.31	1.49	7.66	0.19
Asset Writedown	-0.97	-1.26	-	-0.65	-0.26	-1.65
Other Unusual Items	-4.21	-4.21	-6.46	-10.49	1.98	-29.01
Pretax Income	84.22	69.78	14.55	40.28	76.72	19.81
Income Tax Expense	27.53	22.02	6.69	16.78	21.85	10.5
Net Income	56.7	47.76	7.86	23.51	54.88	9.31
Net Income to Common	56.7	47.76	7.86	23.51	54.88	9.31
Net Income Growth	329.67%	507.57%	-66.56%	-57.17%	489.53%	-
Shares Outstanding (Basic)	94	93	93	92	91	91
Shares Outstanding (Diluted)	96	96	95	94	93	93
Shares Change (YoY)	1.22%	1.18%	0.95%	0.84%	0.86%	15.48%
EPS (Basic)	0.61	0.51	0.08	0.26	0.60	0.10
EPS (Diluted)	0.59	0.50	0.08	0.25	0.59	0.10
EPS Growth	353.19%	525.00%	-68.00%	-57.63%	490.00%	-
Free Cash Flow	63.07	67.89	1.55	40.37	13.92	16.7
Free Cash Flow Per Share	0.65	0.71	0.02	0.43	0.15	0.18
Gross Margin	56.35%	54.08%	38.89%	50.49%	52.55%	55.98%
Operating Margin	38.59%	34.62%	14.28%	28.96%	32.17%	32.15%
Profit Margin	21.54%	19.85%	4.54%	12.26%	23.92%	5.20%
Free Cash Flow Margin	23.96%	28.21%	0.90%	21.06%	6.07%	9.33%
EBITDA	136.64	119.8	59.07	89.47	113.33	92.69
EBITDA Margin	51.91%	49.78%	34.08%	46.67%	49.40%	51.79%
D&A For EBITDA	35.07	36.49	34.32	33.96	39.53	35.16
EBIT	101.57	83.31	24.76	55.51	73.8	57.53
EBIT Margin	38.59%	34.62%	14.28%	28.96%	32.17%	32.15%
Effective Tax Rate	32.68%	31.56%	45.97%	41.65%	28.47%	53.01%

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.