Titan Mining Corporation (TSX:TI)

Titan Mining Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	74.24	64.3	52.09	62.06	55.59
Revenue Growth (YoY)	15.45%	23.45%	-16.07%	11.63%	70.34%
Cost of Revenue	56.59	51.52	46.77	42.75	34.82
Gross Profit	17.65	12.79	5.31	19.31	20.77
Selling, General & Admin	4.89	3.75	4.39	4.77	4
Other Operating Expenses	2.3	-1.22	0.26	0.09	-0.05
Operating Expenses	9.57	4.39	19.44	19.08	19.12
Operating Income	8.08	8.4	-14.12	0.23	1.65
Interest Expense	-2.24	-3.61	-3.89	-2.6	-2.79
Interest & Investment Income	0.32	0.32	0.23	0.16	0.01
Currency Exchange Gain (Loss)	0.07	1.79	0.82	1.58	-0.63
Other Non Operating Income (Expenses)	-6.58	-0.28	6.74	2.25	0.08
EBT Excluding Unusual Items	-0.35	6.62	-10.23	1.61	-1.68
Other Unusual Items	0.32	0.1	0.03	-2.48	2.44
Pretax Income	-0.03	6.72	-10.2	-0.87	0.75
Income Tax Expense	0.05	0.17	0.01	0.07	0.3
Net Income	-0.08	6.55	-10.21	-0.94	0.45
Net Income to Common	-0.08	6.55	-10.21	-0.94	0.45
Shares Outstanding (Basic)	91	91	92	93	93
Shares Outstanding (Diluted)	91	91	92	93	93
Shares Change (YoY)	0.23%	-0.89%	-1.00%	-	9.21%
EPS (Basic)	-0.00	0.07	-0.11	-0.01	0.00
EPS (Diluted)	-0.00	0.07	-0.11	-0.01	0.00
Free Cash Flow	-0.1	12.47	-2.23	11.36	2.67
Free Cash Flow Per Share	-0.00	0.14	-0.02	0.12	0.03
Dividend Per Share	-	-	0.011	0.011	-
Dividend Growth	-	-	2.70%	-	-
Gross Margin	23.78%	19.89%	10.20%	31.11%	37.36%
Operating Margin	10.88%	13.06%	-27.12%	0.37%	2.97%
Profit Margin	-0.10%	10.18%	-19.60%	-1.52%	0.82%
Free Cash Flow Margin	-0.13%	19.39%	-4.28%	18.30%	4.80%
EBITDA	13.53	17.43	-0.98	12.23	13
EBITDA Margin	18.22%	27.11%	-1.88%	19.71%	23.38%
D&A For EBITDA	5.45	9.03	13.15	12.01	11.35
EBIT	8.08	8.4	-14.12	0.23	1.65
EBIT Margin	10.88%	13.06%	-27.12%	0.37%	2.97%
Effective Tax Rate	-	2.53%	-	-	39.79%

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