Meridian Mining 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
Selling, General & Admin	9.71	8.62	3.89	5.59	3.87	5.85
Depreciation & Amortization Expenses	0.21	0.21	0.19	0.18	0.13	0.05
Exploration Expenses	10.16	9.37	8.72	6.63	5.16	3.53
Other Operating Expenses	0.02	0.02	4.98	-0.04	0.03	-0.02
Total Operating Expenses	20.09	18.22	17.79	12.35	9.19	9.41
Operating Income	-20.06	-18.18	-17.79	-12.35	-9.19	-9.41
Interest Income	0.82	0.61	0.39	0.19	0.06	0.01
Interest Expense	-0.05	-0.02	-0.04	-0.06	-0.07	0.57
Other Non-Operating Income (Expense)	-0.91	0.59	-0.8	0.23	10.15	-28.75
Total Non-Operating Income (Expense)	-0.14	1.18	-0.45	0.37	10.13	-28.17
Pretax Income	-20.28	-17	-18.23	-11.99	0.94	-37.58
Provision for Income Taxes	-	-	-	-	0.14	-
Net Income	-20.28	-17	-18.23	-11.99	0.8	-37.58
Net Income to Common	-20.28	-17	-18.23	-11.99	0.8	-37.58
Shares Outstanding (Basic)	389	372	286	229	173	126
Shares Outstanding (Diluted)	389	372	286	229	192	126
Shares Change (YoY)	29.04%	30.20%	24.80%	19.17%	52.38%	21.46%
EPS (Basic)	-0.06	-0.05	-0.06	-0.05	-	-0.30
EPS (Diluted)	-0.06	-0.05	-0.06	-0.05	-0.05	-0.30
Shares Outstanding	392.78	371.96	285.68	242.57	202.83	157.11
Free Cash Flow	-18.14	-14.82	-12.25	-10.8	-9.2	-7.1
Free Cash Flow Per Share	-0.05	-0.04	-0.04	-0.05	-0.05	-0.06
EBITDA	-19.85	-17.97	-17.59	-12.18	-9.06	-9.37
EBIT	-20.06	-18.18	-17.79	-12.35	-9.19	-9.41
Effective Tax Rate	-	0.00%	0.00%	0.00%	15.01%	0.00%

Updated May 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.