Mako 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	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	148.47	92.08	65.95	63.38	35.5
Revenue Growth (YoY)	61.25%	39.62%	4.06%	78.54%	2439.13%
Cost of Revenue	65.47	38.22	29.79	33.19	15.83
Gross Profit	83	53.85	36.16	30.18	19.67
Selling, General & Admin	10.81	8.65	7.19	6.23	5.98
Other Operating Expenses	0.59	0.19	0.23	-0.12	0.33
Operating Expenses	28.74	19.58	25.1	37.98	19.21
Operating Income	54.26	34.28	11.06	-7.8	0.47
Interest Expense	-0.78	-0.65	-0.94	-1.68	-1.29
Interest & Investment Income	0.57	0.05	0.02	0	0.13
Currency Exchange Gain (Loss)	1.4	-1.67	0.06	0.08	-0.27
Other Non Operating Income (Expenses)	-1.74	-2.66	-1.31	-0.49	-0.23
EBT Excluding Unusual Items	53.7	29.35	8.88	-9.88	-1.19
Gain (Loss) on Sale of Assets	-	-	-	-	12.01
Other Unusual Items	1	-	-	-	-0.35
Pretax Income	54.7	29.35	8.88	-9.88	10.46
Income Tax Expense	20.96	10.2	2.08	2.1	0.5
Net Income	33.74	19.15	6.8	-11.98	9.96
Net Income to Common	33.74	19.15	6.8	-11.98	9.96
Net Income Growth	76.17%	181.69%	-	-	-
Shares Outstanding (Basic)	82	72	66	66	66
Shares Outstanding (Diluted)	83	74	67	66	66
Shares Change (YoY)	12.91%	10.82%	1.08%	-0.01%	6.67%
EPS (Basic)	0.41	0.27	0.10	-0.18	0.15
EPS (Diluted)	0.41	0.26	0.10	-0.18	0.15
EPS Growth	57.69%	160.00%	-	-	-
Free Cash Flow	34.17	21.57	7.71	7.58	-3.72
Free Cash Flow Per Share	0.41	0.29	0.12	0.12	-0.06
Gross Margin	55.90%	58.49%	54.83%	47.62%	55.42%
Operating Margin	36.54%	37.23%	16.77%	-12.30%	1.31%
Profit Margin	22.73%	20.80%	10.31%	-18.90%	28.07%
Free Cash Flow Margin	23.01%	23.43%	11.69%	11.96%	-10.47%
EBITDA	63.07	42.17	24.57	12.71	7.72
EBITDA Margin	42.48%	45.80%	37.25%	20.05%	21.74%
D&A For EBITDA	8.81	7.89	13.51	20.5	7.25
EBIT	54.26	34.28	11.06	-7.8	0.47
EBIT Margin	36.54%	37.23%	16.77%	-12.30%	1.31%
Effective Tax Rate	38.31%	34.74%	23.46%	-	4.79%
Revenue as Reported	148.47	92.08	65.95	63.38	35.5

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