Fortuna 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	947.06	1,062	842.43	681.49	599.85
Revenue Growth (YoY)	-10.83%	26.07%	23.61%	13.61%	115.03%
Cost of Revenue	480.16	718.43	652.4	534.7	394.38
Gross Profit	466.9	343.61	190.03	146.8	205.48
Selling, General & Admin	97.74	76.09	64.07	61.46	45.36
Other Operating Expenses	0.69	15.07	15.25	2.89	17.59
Operating Expenses	50.72	107.34	145.91	187.45	63.96
Operating Income	416.18	236.26	44.11	-40.66	141.52
Interest Expense	-12.28	-24.5	-22.15	-11.35	-12.59
Interest & Investment Income	3.36	14.26	16.05	1.85	1.85
Currency Exchange Gain (Loss)	-7.78	-12.41	-10.89	-8.87	-6.09
Other Non Operating Income (Expenses)	0.7	-1.05	-1.55	0.31	-2.82
EBT Excluding Unusual Items	400.18	212.56	25.57	-58.72	121.86
Merger & Restructuring Charges	-	-	-6.4	-	-14.09
Gain (Loss) on Sale of Assets	-	-0.35	-0.21	-0.79	-
Asset Writedown	-	-	-30.01	-65.61	-
Other Unusual Items	-	-	-	-	-0.6
Pretax Income	400.18	212.21	-11.05	-125.11	107.18
Income Tax Expense	111.4	70.3	32.58	10.8	47.78
Earnings From Continuing Operations	288.78	141.91	-43.63	-135.91	59.4
Earnings From Discontinued Operations	22.29	-	-	-	-
Net Income to Company	311.06	141.91	-43.63	-135.91	59.4
Minority Interest in Earnings	-23.6	-13.17	-7.21	7.77	-1.52
Net Income	287.47	128.74	-50.84	-128.13	57.88
Net Income to Common	287.47	128.74	-50.84	-128.13	57.88
Net Income Growth	123.30%	-	-	-	168.53%
Shares Outstanding (Basic)	307	309	295	291	238
Shares Outstanding (Diluted)	335	311	295	291	249
Shares Change (YoY)	7.77%	5.31%	1.30%	16.77%	34.06%
EPS (Basic)	0.94	0.42	-0.17	-0.44	0.24
EPS (Diluted)	0.94	0.41	-0.17	-0.44	0.23
EPS Growth	128.49%	-	-	-	91.67%
Free Cash Flow	289.35	161.9	79.6	-59.17	-5.15
Free Cash Flow Per Share	0.86	0.52	0.27	-0.20	-0.02
Gross Margin	49.30%	32.35%	22.56%	21.54%	34.26%
Operating Margin	43.94%	22.25%	5.24%	-5.97%	23.59%
Profit Margin	30.35%	12.12%	-6.03%	-18.80%	9.65%
Free Cash Flow Margin	30.55%	15.24%	9.45%	-8.68%	-0.86%
EBITDA	567.31	474.26	320.96	251.09	261.29
EBITDA Margin	59.90%	44.66%	38.10%	36.84%	43.56%
D&A For EBITDA	151.14	238	276.85	291.75	119.77
EBIT	416.18	236.26	44.11	-40.66	141.52
EBIT Margin	43.94%	22.25%	5.24%	-5.97%	23.59%
Effective Tax Rate	27.84%	33.13%	-	-	44.58%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q