Sierra Madre Gold and Silver Ltd. (TSXV:SM)

TSXV:SM Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	19.66	6.47	-	-	-	-
Cost of Revenue	14.32	5.11	-	-	-	-
Gross Profit	5.34	1.36	-	-	-	-
Selling, General & Admin	2.06	2.98	4.97	3.04	0.74	0.47
Amortization of Goodwill & Intangibles	0.26	0.27	0.23	-	-	-
Other Operating Expenses	-	-	-	0.2	-	-
Operating Expenses	3.7	4.87	8.11	3.25	4.75	0.86
Operating Income	1.64	-3.51	-8.11	-3.25	-4.75	-0.86
Interest Expense	-0.83	-0.49	-0.09	-0.32	-	-
Interest & Investment Income	0.04	-	0.1	-	0.01	0
Currency Exchange Gain (Loss)	0.09	0.28	-0.49	-0.41	-0.04	-0.01
Other Non Operating Income (Expenses)	0.24	-0.3	-0.09	-	-0.83	-0.04
EBT Excluding Unusual Items	1.17	-4.02	-8.68	-3.98	-5.62	-0.91
Merger & Restructuring Charges	-	-	-31.07	-	-	-0.03
Pretax Income	1.17	-4.02	-39.75	-3.98	-5.62	-0.94
Income Tax Expense	0.53	0.06	0.25	-1.41	-	-
Net Income	0.64	-4.08	-40	-2.56	-5.62	-0.94
Net Income to Common	0.64	-4.08	-40	-2.56	-5.62	-0.94
Shares Outstanding (Basic)	160	152	124	59	57	26
Shares Outstanding (Diluted)	161	152	124	59	57	26
Shares Change (YoY)	6.75%	22.52%	109.44%	4.67%	122.27%	134.11%
EPS (Basic)	0.00	-0.03	-0.32	-0.04	-0.10	-0.04
EPS (Diluted)	0.00	-0.03	-0.32	-0.04	-0.10	-0.04
Free Cash Flow	-1.95	-7.53	-7.24	-2.07	-3.72	-1.05
Free Cash Flow Per Share	-0.01	-0.05	-0.06	-0.04	-0.07	-0.04
Gross Margin	27.17%	21.01%	-	-	-	-
Operating Margin	8.34%	-54.20%	-	-	-	-
Profit Margin	3.27%	-62.96%	-	-	-	-
Free Cash Flow Margin	-9.93%	-116.37%	-	-	-	-
EBITDA	3.52	-3.11	-4.96	-3.05	-4.75	-
EBITDA Margin	17.91%	-48.03%	-	-	-	-
D&A For EBITDA	1.88	0.4	3.15	0.2	0	-
EBIT	1.64	-3.51	-8.11	-3.25	-4.75	-0.86
EBIT Margin	8.34%	-54.20%	-	-	-	-

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