Steppe Gold Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	132.06	105.5	116.26
Revenue Growth (YoY)	25.17%	-9.26%	-
Cost of Revenue	54.54	55.36	55.99
Gross Profit	77.51	50.14	60.27
Selling, General & Admin	3.2	2.35	2.25
Other Operating Expenses	6.6	6.54	7.47
Operating Expenses	9.8	8.89	9.71
Operating Income	67.71	41.25	50.56
Interest Expense	-11.11	-12.45	-11.38
Interest & Investment Income	13.99	12.84	9.4
Currency Exchange Gain (Loss)	1.55	9.29	-0.04
Other Non Operating Income (Expenses)	-0.26	-4.06	-28.73
EBT Excluding Unusual Items	71.89	46.88	19.8
Gain (Loss) on Sale of Investments	0.01	-1.62	-0.53
Gain (Loss) on Sale of Assets	-0.18	-0.01	-0.94
Asset Writedown	-4.18	-	-
Pretax Income	67.53	45.24	18.33
Income Tax Expense	15.92	9.4	13.59
Net Income	51.62	35.84	4.74
Net Income to Common	51.62	35.84	4.74
Net Income Growth	44.01%	656.66%	-
Shares Outstanding (Basic)	3	3	3
Shares Outstanding (Diluted)	3	3	3
EPS (Basic)	17.21	11.95	1.58
EPS (Diluted)	17.21	11.95	1.58
EPS Growth	44.01%	656.66%	-
Free Cash Flow	61.96	35.36	26.01
Free Cash Flow Per Share	20.65	11.79	8.67
Dividend Per Share	10.000	-	-
Gross Margin	58.70%	47.53%	51.84%
Operating Margin	51.28%	39.10%	43.49%
Profit Margin	39.09%	33.98%	4.07%
Free Cash Flow Margin	46.92%	33.52%	22.37%
EBITDA	86.51	55.1	60.96
EBITDA Margin	65.51%	52.23%	52.43%
D&A For EBITDA	18.8	13.85	10.4
EBIT	67.71	41.25	50.56
EBIT Margin	51.28%	39.10%	43.49%
Effective Tax Rate	23.57%	20.77%	74.16%

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