SouthGobi Resources 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	598.82	493.38	331.51	73.08	43.4
Revenue Growth (YoY)	21.37%	48.83%	353.60%	68.40%	-
Cost of Revenue	598.72	360.59	158.2	57.76	31.3
Gross Profit	0.1	132.79	173.31	15.32	12.09
Selling, General & Admin	14.72	13.45	10.44	6.92	6.07
Exploration Expenses	0.34	1.36	0.99	0.15	0.22
Other Operating Expenses	118.26	-35.97	86.01	-5.32	1.43
Total Operating Expenses	133.32	-21.15	97.44	1.75	7.72
Operating Income	-133.22	153.94	75.87	13.57	4.38
Interest Income	6.54	7.44	7.93	2.9	23.01
Interest Expense	-37.85	-37.77	-49.07	-42.22	-39.12
Total Non-Operating Income (Expense)	-31.31	-30.33	-41.14	-39.32	-16.11
Pretax Income	-164.52	123.62	34.73	-25.75	-11.74
Provision for Income Taxes	4.24	31.12	33.82	4.67	2.64
Net Income	-168.77	92.5	0.91	-30.42	-14.37
Net Income to Common	-168.77	92.5	0.91	-30.42	-14.37
Net Income Growth	-	10086.89%	-	-	-
Shares Outstanding (Basic)	297	297	295	277	273
Shares Outstanding (Diluted)	297	298	296	277	273
Shares Change (YoY)	-0.40%	0.73%	6.92%	1.17%	0.25%
EPS (Basic)	-0.57	0.31	0.00	-0.11	-0.05
EPS (Diluted)	-0.57	0.31	0.00	-0.11	-0.05
EPS Growth	-	10266.67%	-	-	-
Shares Outstanding	296.71	296.71	295.28	295.23	274.12
Free Cash Flow	-21.72	-10.7	116.32	14.26	-14.78
Free Cash Flow Growth	-	-	715.73%	-	-
Free Cash Flow Per Share	-0.07	-0.04	0.39	0.05	-0.05
Gross Margin	0.02%	26.91%	52.28%	20.96%	27.87%
Operating Margin	-22.25%	31.20%	22.89%	18.57%	10.09%
Profit Margin	-28.18%	18.75%	0.27%	-41.62%	-33.12%
FCF Margin	-3.63%	-2.17%	35.09%	19.51%	-34.07%
EBITDA	-84.64	174.83	81.7	17.42	9.99
EBITDA Margin	-14.13%	35.44%	24.65%	23.83%	23.01%
EBIT	-133.22	153.94	75.87	13.57	4.38
EBIT Margin	-22.25%	31.20%	22.89%	18.57%	10.09%
Effective Tax Rate	-2.58%	25.17%	97.39%	-18.13%	-22.48%

Updated Mar 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.