Mandalay Resources Corporation (TSX: MND)

Mandalay Resources Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	224.44	173.34	191.7	229.4	178.97	107.8
Revenue Growth (YoY)	36.74%	-9.57%	-16.43%	28.17%	66.03%	-3.90%
Cost of Revenue	103.94	105.92	94.9	108.85	78.78	83.62
Gross Profit	120.5	67.42	96.8	120.54	100.19	24.17
Selling, General & Admin	7.59	7.09	5.62	5.58	5.95	5.37
Other Operating Expenses	0.82	0.72	0.4	0.08	0.1	0.57
Operating Expenses	49.67	42.66	41.29	46.74	42.66	36.02
Operating Income	70.83	24.76	55.51	73.8	57.53	-11.85
Interest Expense	-2.23	-2.11	-2.93	-3.94	-6.03	-5.88
Interest & Investment Income	2.51	1.73	0.84	0.15	0.66	0.74
Currency Exchange Gain (Loss)	-3.62	-0.49	-0.79	3.35	-1.04	0.75
Other Non Operating Income (Expenses)	-11.98	-2.57	-1.41	-4.72	-0.85	-1.39
EBT Excluding Unusual Items	55.52	21.33	51.22	68.65	50.27	-17.62
Gain (Loss) on Sale of Investments	0.23	-0.63	-1.29	-1.3	-	0.08
Gain (Loss) on Sale of Assets	0.22	0.31	1.49	7.66	0.19	1.05
Asset Writedown	-	-	-0.65	-0.26	-1.65	-
Other Unusual Items	-6.46	-6.46	-10.49	1.98	-29.01	-3.53
Pretax Income	49.52	14.55	40.28	76.72	19.81	-20.02
Income Tax Expense	19.7	6.69	16.78	21.85	10.5	-1.37
Net Income	29.81	7.86	23.51	54.88	9.31	-18.65
Net Income to Common	29.81	7.86	23.51	54.88	9.31	-18.65
Net Income Growth	381.69%	-66.56%	-57.17%	489.53%	-	-
Shares Outstanding (Basic)	93	93	92	91	91	80
Shares Outstanding (Diluted)	96	95	94	93	93	80
Shares Change (YoY)	0.90%	0.95%	0.84%	0.86%	15.48%	77.43%
EPS (Basic)	0.32	0.08	0.26	0.60	0.10	-0.23
EPS (Diluted)	0.31	0.08	0.25	0.59	0.10	-0.23
EPS Growth	418.77%	-68.00%	-57.63%	490.00%	-	-
Free Cash Flow	48.64	1.55	40.37	13.92	16.7	-28.11
Free Cash Flow Per Share	0.51	0.02	0.43	0.15	0.18	-0.35
Gross Margin	53.69%	38.89%	50.49%	52.55%	55.98%	22.42%
Operating Margin	31.56%	14.28%	28.96%	32.17%	32.15%	-10.99%
Profit Margin	13.28%	4.53%	12.26%	23.92%	5.20%	-17.30%
Free Cash Flow Margin	21.67%	0.90%	21.06%	6.07%	9.33%	-26.07%
EBITDA	111.32	59.07	89.47	113.33	92.69	17.75
EBITDA Margin	49.60%	34.08%	46.67%	49.40%	51.79%	16.46%
D&A For EBITDA	40.49	34.32	33.96	39.53	35.16	29.59
EBIT	70.83	24.76	55.51	73.8	57.53	-11.85
EBIT Margin	31.56%	14.28%	28.96%	32.17%	32.15%	-10.99%
Effective Tax Rate	39.79%	45.97%	41.65%	28.47%	53.01%	-

Source: S&P Capital IQ. Standard template. Financial Sources.