Hemlo Mining Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	-	-	272.88
Cost of Revenue	-	-	221.68
Gross Profit	-	-	51.2
Selling, General & Admin	5.4	0.09	-
Other Operating Expenses	4.86	0	1.82
Operating Expenses	10.31	0.09	2.12
Operating Income	-10.31	-0.09	49.08
Interest Expense	-1.71	-	-0.12
Interest & Investment Income	2.41	-	0.02
Currency Exchange Gain (Loss)	-0.85	-	-2.04
Other Non Operating Income (Expenses)	-3.22	-	-0.97
EBT Excluding Unusual Items	-13.68	-0.09	45.98
Merger & Restructuring Charges	-15.9	-	-
Pretax Income	-29.58	-0.09	45.98
Income Tax Expense	7.34	-	19.86
Net Income	-36.93	-0.09	26.12
Net Income to Common	-36.93	-0.09	26.12
Shares Outstanding (Basic)	36	4	-
Shares Outstanding (Diluted)	36	4	-
Shares Change (YoY)	896.46%	-	-
EPS (Basic)	-1.01	-0.02	-
EPS (Diluted)	-1.01	-0.02	-
Free Cash Flow	-31.94	-0.08	17.09
Free Cash Flow Per Share	-0.88	-0.02	-
Gross Margin	-	-	18.76%
Operating Margin	-	-	17.99%
Profit Margin	-	-	9.57%
Free Cash Flow Margin	-	-	6.26%
EBITDA	-10.16	34.55	75.45
EBITDA Margin	-	-	27.65%
D&A For EBITDA	0.14	34.63	26.37
EBIT	-10.31	-0.09	49.08
EBIT Margin	-	-	17.99%
Effective Tax Rate	-	-	43.20%

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