Mako Mining 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	Sep '25 Sep 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
Revenue	126.93	92.08	65.95	63.38	35.5	1.4
Revenue Growth (YoY)	41.51%	39.62%	4.06%	78.54%	2439.13%	-89.14%
Cost of Revenue	58.22	38.22	29.79	33.19	15.83	1.05
Gross Profit	68.71	53.85	36.16	30.18	19.67	0.34
Selling, General & Admin	9.29	8.65	7.19	6.23	5.98	5.32
Other Operating Expenses	0.29	0.43	0.23	-0.12	0.33	1.07
Operating Expenses	24.55	19.81	25.1	37.98	19.21	11.7
Operating Income	44.16	34.05	11.06	-7.8	0.47	-11.36
Interest Expense	-0.82	-0.78	-0.94	-1.68	-1.29	-0.1
Interest & Investment Income	0.22	0.05	0.02	0	0.13	0.07
Currency Exchange Gain (Loss)	-0.61	-1.67	0.06	0.08	-0.27	-1.58
Other Non Operating Income (Expenses)	-0.87	-2.21	-1.31	-0.49	-0.23	-0.02
EBT Excluding Unusual Items	42.08	29.44	8.88	-9.88	-1.19	-12.99
Gain (Loss) on Sale of Assets	-	-	-	-	12.01	0.91
Other Unusual Items	1	-0.09	-	-	-0.35	-
Pretax Income	43.08	29.35	8.88	-9.88	10.46	-12.08
Income Tax Expense	18.98	10.2	2.08	2.1	0.5	0.05
Net Income	24.1	19.15	6.8	-11.98	9.96	-12.13
Net Income to Common	24.1	19.15	6.8	-11.98	9.96	-12.13
Net Income Growth	0.36%	181.69%	-	-	-	-
Shares Outstanding (Basic)	79	72	66	66	66	62
Shares Outstanding (Diluted)	81	74	67	66	66	62
Shares Change (YoY)	15.48%	10.82%	1.08%	-0.01%	6.67%	23.68%
EPS (Basic)	0.30	0.27	0.10	-0.18	0.15	-0.20
EPS (Diluted)	0.29	0.26	0.10	-0.18	0.15	-0.20
EPS Growth	-15.19%	160.00%	-	-	-	-
Free Cash Flow	25.97	21.57	7.71	7.58	-3.72	-39.09
Free Cash Flow Per Share	0.32	0.29	0.12	0.12	-0.06	-0.63
Gross Margin	54.13%	58.49%	54.83%	47.62%	55.42%	24.61%
Operating Margin	34.79%	36.98%	16.77%	-12.30%	1.31%	-812.59%
Profit Margin	18.98%	20.80%	10.31%	-18.90%	28.07%	-867.60%
Free Cash Flow Margin	20.46%	23.43%	11.69%	11.96%	-10.47%	-2796.42%
EBITDA	52.06	41.85	24.57	12.71	7.72	-11.23
EBITDA Margin	41.02%	45.45%	37.25%	20.05%	21.74%	-
D&A For EBITDA	7.91	7.8	13.51	20.5	7.25	0.13
EBIT	44.16	34.05	11.06	-7.8	0.47	-11.36
EBIT Margin	34.79%	36.98%	16.77%	-12.30%	1.31%	-
Effective Tax Rate	44.06%	34.74%	23.46%	-	4.79%	-
Revenue as Reported	126.93	92.08	65.95	63.38	35.5	1.4

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.