Hemlo Mining Corp. (TSXV:HMMC)

Hemlo Mining Income Statement

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

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec 31, 2024	Dec 31, 2023
Revenue	345.14	272.88
Revenue Growth (YoY)	26.48%	-
Cost of Revenue	250.79	221.68
Gross Profit	94.35	51.2
Other Operating Expenses	1.72	1.82
Operating Expenses	1.88	2.12
Operating Income	92.48	49.08
Interest Expense	-0.81	-0.12
Interest & Investment Income	0.09	0.02
Currency Exchange Gain (Loss)	-1.46	-2.04
Other Non Operating Income (Expenses)	-1.94	-0.97
Pretax Income	88.35	45.98
Income Tax Expense	27.11	19.86
Net Income	61.24	26.12
Net Income to Common	61.24	26.12
Net Income Growth	134.47%	-
Free Cash Flow	82.8	17.09
Gross Margin	27.34%	18.76%
Operating Margin	26.79%	17.99%
Profit Margin	17.74%	9.57%
Free Cash Flow Margin	23.99%	6.26%
EBITDA	127.11	75.45
EBITDA Margin	36.83%	27.65%
D&A For EBITDA	34.63	26.37
EBIT	92.48	49.08
EBIT Margin	26.79%	17.99%
Effective Tax Rate	30.69%	43.20%

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