Ero Copper Corp. (ERO)

Ero Copper Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	464.13	427.48	426.39	489.92	324.08	284.84
Revenue Growth (YoY)	8.51%	0.26%	-12.97%	51.17%	13.77%	22.20%
Cost of Revenue	294.1	270.64	239.22	171.06	135.94	167.78
Gross Profit	170.03	156.85	187.18	318.86	188.14	117.06
Selling, General & Admin	48.11	52.43	49.46	38.85	27.93	32.82
Other Operating Expenses	2.48	2.7	2.19	1.08	-7.98	-18.08
Operating Expenses	79.76	64.35	59.58	47.77	29.01	20.53
Operating Income	90.27	92.5	127.59	271.09	159.13	96.53
Interest Expense	-2.05	-12.78	-21.13	-5.12	-12.87	-13.4
Interest & Investment Income	5.6	12.47	10.3	2.99	1.35	0.7
Currency Exchange Gain (Loss)	-47.33	34.61	19.91	-21.97	-79.81	-5.15
Other Non Operating Income (Expenses)	-21.67	-14.45	-10.29	-8.85	-6.38	-2.07
EBT Excluding Unusual Items	24.82	112.35	126.38	238.14	61.42	76.61
Other Unusual Items	-	-	-	-1.22	-	-1.78
Pretax Income	24.82	112.35	126.38	236.92	61.42	74.83
Income Tax Expense	6.63	18.05	23.32	34.29	8.93	-17.63
Earnings From Continuing Operations	18.19	94.3	103.07	202.63	52.5	92.46
Net Income to Company	18.19	94.3	103.07	202.63	52.5	92.46
Minority Interest in Earnings	-1.17	-1.5	-1.24	-1.58	-0.88	-0.57
Net Income	17.02	92.8	101.83	201.05	51.62	91.88
Net Income to Common	17.02	92.8	101.83	201.05	51.62	91.88
Net Income Growth	-78.30%	-8.86%	-49.35%	289.47%	-43.82%	-
Shares Outstanding (Basic)	102	94	91	89	86	85
Shares Outstanding (Diluted)	102	95	92	91	92	91
Shares Change (YoY)	9.09%	2.96%	1.33%	-1.36%	0.90%	8.89%
EPS (Basic)	0.17	0.99	1.12	2.27	0.60	1.08
EPS (Diluted)	0.17	0.98	1.10	2.21	0.56	1.01
EPS Growth	-79.87%	-10.91%	-50.23%	294.64%	-44.55%	-
Free Cash Flow	-252.88	-297.55	-152.43	182.76	45.03	21.56
Free Cash Flow Per Share	-2.48	-3.14	-1.65	2.01	0.49	0.24
Gross Margin	36.63%	36.69%	43.90%	65.08%	58.05%	41.10%
Operating Margin	19.45%	21.64%	29.92%	55.33%	49.10%	33.89%
Profit Margin	3.67%	21.71%	23.88%	41.04%	15.93%	32.26%
Free Cash Flow Margin	-54.48%	-69.61%	-35.75%	37.30%	13.90%	7.57%
EBITDA	166.97	165.66	181.22	314.59	195.52	138.83
EBITDA Margin	35.98%	38.75%	42.50%	64.21%	60.33%	48.74%
D&A For EBITDA	76.71	73.16	53.63	43.5	36.39	42.3
EBIT	90.27	92.5	127.59	271.09	159.13	96.53
EBIT Margin	19.45%	21.64%	29.92%	55.33%	49.10%	33.89%
Effective Tax Rate	26.70%	16.06%	18.45%	14.47%	14.53%	-

Source: S&P Capital IQ. Standard template. Financial Sources.