Torex Gold Resources Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,675	1,306	1,116	882.6	868.5	855.8
Revenue Growth (YoY)	59.67%	17.04%	26.39%	1.62%	1.48%	8.44%
Cost of Revenue	608.5	500.4	455.7	398	363.3	331
Gross Profit	1,066	805.2	659.8	484.6	505.2	524.8
Selling, General & Admin	64.6	69.5	47.4	24.4	24.1	20.4
Other Operating Expenses	-0.8	3.6	55.5	33.6	-7.3	-1.9
Operating Expenses	295	276.6	305.8	267.2	226.7	224.5
Operating Income	771.4	528.6	354	217.4	278.5	300.3
Interest Expense	-25	-24.9	-2.2	-2	-3.1	-2.4
Interest & Investment Income	6	6	7.8	13.8	9.8	2.8
Currency Exchange Gain (Loss)	1	-1.7	-8.9	1.2	1.3	1.1
EBT Excluding Unusual Items	753.4	508	350.7	230.4	286.5	301.8
Asset Writedown	-	-	-	-	-	-40.7
Pretax Income	753.4	508	350.7	230.4	286.5	261.1
Income Tax Expense	181.5	104.6	216.1	26	97.7	109.4
Net Income	571.9	403.4	134.6	204.4	188.8	151.7
Net Income to Common	571.9	403.4	134.6	204.4	188.8	151.7
Net Income Growth	338.24%	199.70%	-34.15%	8.26%	24.46%	39.17%
Shares Outstanding (Basic)	90	88	86	86	86	86
Shares Outstanding (Diluted)	91	89	87	86	86	86
Shares Change (YoY)	4.68%	2.44%	0.71%	0.37%	-0.07%	0.07%
EPS (Basic)	6.33	4.58	1.57	2.38	2.20	1.77
EPS (Diluted)	6.26	4.53	1.55	2.34	2.19	1.71
EPS Growth	317.25%	192.26%	-33.90%	7.08%	27.81%	36.95%
Free Cash Flow	430	134.7	-112.2	-178.7	130.5	99.5
Free Cash Flow Per Share	4.71	1.51	-1.29	-2.07	1.52	1.16
Dividend Per Share	0.217	0.109	-	-	-	-
Gross Margin	63.67%	61.67%	59.15%	54.91%	58.17%	61.32%
Operating Margin	46.06%	40.49%	31.74%	24.63%	32.07%	35.09%
Profit Margin	34.14%	30.90%	12.07%	23.16%	21.74%	17.73%
Free Cash Flow Margin	25.67%	10.32%	-10.06%	-20.25%	15.03%	11.63%
EBITDA	966.9	699.6	548.3	421.4	481.5	500.1
EBITDA Margin	57.73%	53.59%	49.15%	47.74%	55.44%	58.44%
D&A For EBITDA	195.5	171	194.3	204	203	199.8
EBIT	771.4	528.6	354	217.4	278.5	300.3
EBIT Margin	46.06%	40.49%	31.74%	24.63%	32.07%	35.09%
Effective Tax Rate	24.09%	20.59%	61.62%	11.29%	34.10%	41.90%

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