Guanajuato Silver Company Ltd. (TSXV:GSVR)

Guanajuato Silver Company 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	78.79	75.66	66.17	36.88	4.12
Revenue Growth (YoY)	4.13%	14.35%	79.41%	795.84%	-
Cost of Revenue	67.98	73.19	77.97	43.76	6.35
Gross Profit	10.81	2.47	-11.8	-6.88	-2.23
Selling, General & Admin	9.79	9.58	10.63	8.9	6.87
Exploration Expenses	1.53	1.12	1.76	2.96	1.14
Other Operating Expenses	18.21	-3.23	2.22	4.43	0.65
Total Operating Expenses	29.53	7.47	14.62	16.29	8.67
Operating Income	-18.72	-4.99	-26.41	-23.18	-10.9
Interest Income	-	-	-	-	0.29
Interest Expense	-3.12	-6.34	-4.66	-3.79	-1.23
Other Non-Operating Income (Expense)	-12.56	-5.16	0.52	-0.08	-
Total Non-Operating Income (Expense)	-15.68	-11.49	-4.14	-3.87	-0.95
Pretax Income	-34.13	-15.5	-30.92	-26.77	-11.85
Provision for Income Taxes	3.26	1.91	1.02	-	-
Net Income	-37.39	-17.41	-31.94	-26.77	-11.85
Net Income to Common	-37.39	-17.41	-31.94	-26.77	-11.85
Shares Outstanding (Basic)	524	404	336	256	184
Shares Outstanding (Diluted)	524	404	336	256	184
Shares Change (YoY)	29.73%	20.30%	31.03%	39.53%	127.01%
EPS (Basic)	-0.07	-0.04	-0.10	-0.10	-0.06
EPS (Diluted)	-0.07	-0.04	-0.10	-0.10	-0.06
Shares Outstanding	639.73	404.04	335.85	318.63	224.22
Free Cash Flow	-3	-8.85	-11.37	-18.47	-15.34
Free Cash Flow Per Share	-0.01	-0.02	-0.03	-0.07	-0.08
Gross Margin	13.72%	3.27%	-17.83%	-18.66%	-54.27%
Operating Margin	-23.76%	-6.60%	-39.92%	-62.84%	-264.79%
Profit Margin	-47.46%	-23.01%	-48.28%	-72.59%	-287.84%
FCF Margin	-3.81%	-11.70%	-17.18%	-50.08%	-372.65%
EBITDA	-13.5	5.19	-14.38	-14.01	-9.38
EBITDA Margin	-17.14%	6.86%	-21.74%	-37.99%	-227.90%
EBIT	-18.72	-4.99	-26.41	-23.18	-10.9
EBIT Margin	-23.76%	-6.60%	-39.92%	-62.84%	-264.79%
Effective Tax Rate	-9.56%	-12.33%	-3.30%	0.00%	0.00%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.