Horizon Copper 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	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	11.85	12.78	4.05	-	-	-
Other Revenue	-	-	-	-0.36	2.96	0.25
Revenue	11.85	12.78	4.05	-0.36	2.96	0.25
Revenue Growth (YoY)	8.91%	215.27%	-	-	1103.55%	-90.28%
Gross Profit	11.85	12.78	4.05	-0.36	2.96	0.25
Selling, General & Admin	1.03	1.08	0.99	0.76	0.26	0.18
Operating Expenses	7.7	9.36	5.99	0.8	0.26	0.21
Operating Income	4.15	3.42	-1.94	-1.16	2.7	0.04
Interest Expense	-11.71	-11.56	-8.7	-3.19	-	-0.1
Interest & Investment Income	1.71	1.52	1.6	0.08	-	-
Earnings From Equity Investments	-4.3	-3.08	-3.73	-1.47	-	-
Currency Exchange Gain (Loss)	-0.06	-0.03	0.74	-1.37	0.11	-0.03
Other Non Operating Income (Expenses)	-70.3	-47.37	-11.63	-8.72	-	-
EBT Excluding Unusual Items	-80.49	-57.11	-23.66	-15.82	2.81	-0.09
Other Unusual Items	-	-	-	-	-	-0
Pretax Income	-80.49	-57.11	-23.66	-15.82	2.81	-0.09
Income Tax Expense	0.12	0.07	0.02	-	-	-
Net Income	-80.62	-57.18	-23.68	-15.82	2.81	-0.09
Net Income to Common	-80.62	-57.18	-23.68	-15.82	2.81	-0.09
Shares Outstanding (Basic)	86	86	81	34	14	13
Shares Outstanding (Diluted)	86	86	81	34	15	13
Shares Change (YoY)	0.33%	6.46%	136.66%	133.77%	16.27%	9.48%
EPS (Basic)	-0.93	-0.66	-0.29	-0.46	0.20	-0.01
EPS (Diluted)	-0.93	-0.66	-0.29	-0.46	0.19	-0.01
Free Cash Flow	13.48	13.2	-14.78	-0.17	0.88	0.67
Free Cash Flow Per Share	0.16	0.15	-0.18	-0.01	0.06	0.05
Gross Margin	100.00%	100.00%	100.00%	-	100.00%	100.00%
Operating Margin	35.05%	26.77%	-47.80%	-	91.24%	15.93%
Profit Margin	-680.25%	-447.38%	-584.16%	-	94.96%	-36.06%
Free Cash Flow Margin	113.75%	103.25%	-364.53%	-	29.83%	270.87%
EBITDA	10.23	11.12	2.6	-	-	-
EBITDA Margin	86.34%	87.01%	64.09%	-	-	-
D&A For EBITDA	6.08	7.7	4.54	-	-	-
EBIT	4.15	3.42	-1.94	-1.16	2.7	0.04
EBIT Margin	35.05%	26.77%	-47.80%	-	91.24%	15.93%

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