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	677.24	842.43	681.49	599.85
Revenue Growth (YoY)	39.84%	-19.61%	23.61%	13.61%	115.03%
Cost of Revenue	480.16	443.88	652.4	534.7	394.38
Gross Profit	466.9	233.36	190.03	146.8	205.48
Selling, General & Admin	97.74	68.09	64.07	61.46	45.36
Exploration Expenses	-	-	-	-	1.01
Other Operating Expenses	66.26	9.13	126.36	196.27	22.23
Total Operating Expenses	164	77.21	190.43	257.73	68.6
Operating Income	408.39	156.15	-0.41	-113.55	136.88
Interest Income	3.36	9.72	12.4	-	-
Other Non-Operating Income (Expense)	4.76	9.72	9.9	24.11	-33.67
Total Non-Operating Income (Expense)	8.12	19.43	22.29	24.11	-33.67
Pretax Income	400.18	141.73	-11.05	-125.11	107.18
Provision for Income Taxes	111.4	51.42	32.58	10.8	47.78
Net Income	268.41	122.91	-50.84	-128.13	57.88
Minority Interest in Earnings	42.66	19	7.21	-7.77	1.52
Earnings From Discontinued Operations	22.29	51.59	-	-	-
Net Income to Common	268.41	122.91	-50.84	-128.13	57.88
Net Income Growth	118.38%	-	-	-	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	0.23
EPS (Diluted)	0.90	0.41	-0.17	-0.44	0.23
EPS Growth	119.51%	-	-	-	91.67%
Free Cash Flow	374.26	124.94	79.6	-56.99	-5.15
Free Cash Flow Growth	199.56%	56.97%	-	-	-
Free Cash Flow Per Share	1.12	0.40	0.27	-0.20	-0.02
Gross Margin	49.30%	34.46%	22.56%	21.54%	34.25%
Operating Margin	43.12%	23.06%	-0.05%	-16.66%	22.82%
Profit Margin	30.49%	13.34%	-5.18%	-19.94%	9.90%
FCF Margin	39.52%	18.45%	9.45%	-8.36%	-0.86%
EBITDA	599.41	331.66	219.28	59.26	259.15
EBITDA Margin	63.29%	48.97%	26.03%	8.70%	43.20%
EBIT	408.39	156.15	-0.41	-113.55	136.88
EBIT Margin	43.12%	23.06%	-0.05%	-16.66%	22.82%
Effective Tax Rate	27.84%	36.28%	-294.81%	-8.63%	44.58%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q