Mineros S.A. (TSX:MSA)

Mineros 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	634	538.57	447.29	414.94	496.25	524.17
Revenue Growth (YoY)	32.27%	20.41%	7.80%	-16.38%	-5.33%	27.45%
Cost of Revenue	386.82	355.64	302.79	283.16	371.28	343.09
Gross Profit	247.18	182.92	144.5	131.78	124.96	181.08
Selling, General & Admin	24.56	21.9	17.81	18.39	19.26	16.85
Other Operating Expenses	11.75	10.12	9.7	8.18	19.01	25.4
Operating Expenses	42.22	38.37	33.6	35.16	52.71	53.77
Operating Income	204.96	144.55	110.9	96.61	72.26	127.31
Interest Expense	-8.19	-8.26	-8.73	-6.34	-8.75	-8.85
Interest & Investment Income	2.54	1.69	1.3	1.77	1.39	1.17
Earnings From Equity Investments	-0.11	-0.1	-0.12	-0	5.29	-
Currency Exchange Gain (Loss)	0.23	1	-6.77	5.69	1.13	-7.92
Other Non Operating Income (Expenses)	1.67	2.84	5.4	1.24	2.11	0.31
EBT Excluding Unusual Items	201.11	141.73	101.99	98.97	73.43	112.02
Merger & Restructuring Charges	-	-	-	-	-	-0.53
Gain (Loss) on Sale of Investments	-	-	-	-	0.12	0.01
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.99
Asset Writedown	-0.16	-0.16	0.59	-5.02	3.58	2.03
Pretax Income	200.95	141.57	102.58	93.95	77.13	114.52
Income Tax Expense	67.74	55.02	28.04	37.86	33.74	45.76
Earnings From Continuing Operations	133.21	86.55	74.54	56.1	43.39	68.75
Earnings From Discontinued Operations	-	-	-57.32	-51.61	-	-
Net Income to Company	133.21	86.55	17.21	4.49	43.39	68.75
Minority Interest in Earnings	-	-	-	-	-0.12	-0.31
Net Income	133.21	86.55	17.21	4.49	43.27	68.45
Net Income to Common	133.21	86.55	17.21	4.49	43.27	68.45
Net Income Growth	452.56%	402.80%	283.64%	-89.63%	-36.78%	83.75%
Shares Outstanding (Basic)	300	300	300	300	265	262
Shares Outstanding (Diluted)	300	300	300	300	265	262
Shares Change (YoY)	-	-	-	13.17%	1.21%	-
EPS (Basic)	0.44	0.29	0.06	0.01	0.16	0.26
EPS (Diluted)	0.44	0.29	0.06	0.01	0.16	0.26
EPS Growth	452.56%	402.80%	283.66%	-90.84%	-37.54%	83.75%
Free Cash Flow	133.29	89.72	45.82	31.01	30.28	94.86
Free Cash Flow Per Share	0.45	0.30	0.15	0.10	0.11	0.36
Dividend Per Share	0.100	0.100	0.075	0.070	0.065	0.062
Dividend Growth	33.33%	33.33%	7.14%	8.03%	5.20%	4.75%
Gross Margin	38.99%	33.97%	32.31%	31.76%	25.18%	34.55%
Operating Margin	32.33%	26.84%	24.79%	23.28%	14.56%	24.29%
Profit Margin	21.01%	16.07%	3.85%	1.08%	8.72%	13.06%
Free Cash Flow Margin	21.02%	16.66%	10.24%	7.47%	6.10%	18.10%
EBITDA	241.65	179.56	168.08	150.22	123.01	172.41
EBITDA Margin	38.12%	33.34%	37.58%	36.20%	24.79%	32.89%
D&A For EBITDA	36.69	35.01	57.18	53.6	50.75	45.1
EBIT	204.96	144.55	110.9	96.61	72.26	127.31
EBIT Margin	32.33%	26.84%	24.79%	23.28%	14.56%	24.29%
Effective Tax Rate	33.71%	38.86%	27.34%	40.29%	43.75%	39.96%

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