Steppe Gold 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
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
Revenue	140.31	178.13	132.06	62.37	24.05	58.11
Revenue Growth (YoY)	-16.06%	34.89%	111.74%	159.32%	-58.61%	-
Cost of Revenue	70.52	81.86	61.23	31.55	14.4	23.65
Gross Profit	69.79	96.28	70.82	30.82	9.65	34.46
Selling, General & Admin	10.77	9.22	2.55	12.98	9.15	9.17
Exploration Expenses	0.35	0.24	0.21	2.13	1.33	2.79
Total Operating Expenses	11.12	9.46	2.76	15.11	10.48	11.95
Operating Income	58.68	86.81	68.07	15.71	-0.82	22.51
Interest Income	-	-	-	-	-22.1	-
Interest Expense	-9.91	-7.2	4.71	-4.65	-	-33.83
Other Non-Operating Income (Expense)	1.93	0.53	-0.52	-2.82	-0.03	0.16
Total Non-Operating Income (Expense)	-7.98	-6.68	4.19	-7.47	-22.12	-33.67
Pretax Income	50.7	80.13	72.26	8.24	-22.95	-11.17
Provision for Income Taxes	9.68	18.81	15.92	1.82	-0.27	-0.4
Net Income	41.08	61.35	56.34	15.96	-22.62	-10.68
Minority Interest in Earnings	-0.06	-0.03	-	-0.24	-0.06	-0.09
Net Income to Common	41.08	61.35	56.34	15.96	-22.62	-10.68
Net Income Growth	-19.15%	8.90%	253.08%	-	-	-
Shares Outstanding (Basic)	284	189	144	70	69	56
Shares Outstanding (Diluted)	289	191	144	86	93	56
Shares Change (YoY)	107.18%	32.87%	67.58%	-7.77%	66.10%	33.86%
EPS (Basic)	0.07	0.32	0.39	0.23	-0.33	-0.19
EPS (Diluted)	0.07	0.32	0.39	0.19	-0.24	-0.19
EPS Growth	-80.39%	-18.11%	110.75%	-	-	-
Free Cash Flow	79.58	165.92	143.72	12.79	-15.95	21.51
Free Cash Flow Growth	-52.04%	15.45%	1023.40%	-	-	-
Free Cash Flow Per Share	0.28	0.87	1.00	0.15	-0.17	0.38
Dividends Per Share	-	-	10.000	-	-	-
Gross Margin	49.74%	54.05%	53.63%	49.42%	40.14%	59.31%
Operating Margin	41.82%	48.73%	51.55%	25.19%	-3.43%	38.73%
Profit Margin	34.26%	34.43%	42.66%	25.20%	-94.28%	-18.53%
FCF Margin	56.71%	93.14%	108.83%	20.51%	-66.34%	37.02%
EBITDA	72.26	104.31	86.3	19.92	1.96	26.61
EBITDA Margin	51.50%	58.56%	65.35%	31.94%	8.14%	45.79%
EBIT	58.68	86.81	68.07	15.71	-0.82	22.51
EBIT Margin	41.82%	48.73%	51.55%	25.19%	-3.43%	38.73%
Effective Tax Rate	20.24%	23.47%	22.03%	22.13%	1.19%	3.58%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.