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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	163.39	178.13	132.06	105.5	116.26
Revenue Growth (YoY)	54.87%	34.89%	25.17%	-9.26%	-
Cost of Revenue	77.59	81.86	61.23	55.36	55.99
Gross Profit	85.8	96.28	70.82	50.14	60.27
Selling, General & Admin	10.69	9.22	2.55	2.35	2.25
Other Operating Expenses	1.59	1.47	-0.27	6.54	7.47
Operating Expenses	12.48	10.93	2.49	8.89	9.71
Operating Income	73.32	85.34	68.33	41.25	50.56
Interest Expense	-14.41	-12.22	-11.11	-12.45	-11.38
Interest & Investment Income	1.89	3.71	13.99	12.84	9.4
Currency Exchange Gain (Loss)	1.1	0.53	-0.52	9.29	-0.04
Other Non Operating Income (Expenses)	-0.11	0.48	1.55	-4.06	-28.73
EBT Excluding Unusual Items	61.79	77.84	72.25	46.88	19.8
Gain (Loss) on Sale of Investments	-0.18	-0.15	0	-1.62	-0.53
Gain (Loss) on Sale of Assets	-	-	-	-0.01	-0.94
Other Unusual Items	-0.42	2.44	-	-	-
Pretax Income	61.19	80.13	72.26	45.24	18.33
Income Tax Expense	15.39	18.81	15.92	9.4	13.59
Earnings From Continuing Operations	45.81	61.32	56.34	35.84	4.74
Minority Interest in Earnings	0.04	0.03	-	-	-
Net Income	45.85	61.35	56.34	35.84	4.74
Net Income to Common	45.85	61.35	56.34	35.84	4.74
Net Income Growth	27.91%	8.90%	57.18%	656.66%	-
Shares Outstanding (Basic)	216	189	144	3	3
Shares Outstanding (Diluted)	219	191	144	3	3
Shares Change (YoY)	7214.16%	32.87%	4693.22%	-	-
EPS (Basic)	0.21	0.32	0.39	11.95	1.58
EPS (Diluted)	0.21	0.32	0.39	11.95	1.58
EPS Growth	-98.25%	-18.07%	-96.72%	656.66%	-
Free Cash Flow	53.33	67.66	61.73	35.36	26.01
Free Cash Flow Per Share	0.24	0.35	0.43	11.79	8.67
Dividend Per Share	-	-	10.000	-	-
Gross Margin	52.51%	54.05%	53.63%	47.53%	51.84%
Operating Margin	44.87%	47.91%	51.75%	39.10%	43.49%
Profit Margin	28.06%	34.44%	42.66%	33.98%	4.07%
Free Cash Flow Margin	32.64%	37.98%	46.75%	33.52%	22.37%
EBITDA	90.61	104.25	86.57	55.1	60.96
EBITDA Margin	55.46%	58.52%	65.55%	52.23%	52.43%
D&A For EBITDA	17.3	18.91	18.23	13.85	10.4
EBIT	73.32	85.34	68.33	41.25	50.56
EBIT Margin	44.87%	47.91%	51.75%	39.10%	43.49%
Effective Tax Rate	25.14%	23.47%	22.03%	20.77%	74.16%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.