Ivanhoe Electric Inc. (IE)

Ivanhoe Electric 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3.28	2.9	3.9	8.44	4.65	4.63
Revenue Growth (YoY)	-8.59%	-25.67%	-53.76%	81.43%	0.41%	23.48%
Cost of Revenue	1.21	1.02	2.99	3.14	1.52	1.79
Gross Profit	2.07	1.88	0.92	5.31	3.13	2.85
Selling, General & Admin	43.96	45.04	48.48	27.14	20.55	11.73
Research & Development	2.1	2.85	6.12	5.04	3.83	3.63
Operating Expenses	149.14	178.83	181.32	137.47	63.88	29.45
Operating Income	-147.07	-176.95	-180.4	-132.17	-60.75	-26.6
Interest Expense	-4.15	-2.59	-2.96	-0.97	-1.53	-0.18
Earnings From Equity Investments	-10.65	-8.67	-35.95	-3.71	-0.21	-0.07
Currency Exchange Gain (Loss)	-0.68	-0.67	1.27	-1.33	0.25	0.5
Other Non Operating Income (Expenses)	-0.23	0.11	2.34	-1.01	-0.58	-0.22
EBT Excluding Unusual Items	-162.78	-188.76	-215.7	-139.19	-62.82	-26.56
Gain (Loss) on Sale of Investments	-2.16	-2.16	-0.96	-1.45	-0.63	-2.91
Gain (Loss) on Sale of Assets	50.69	50.69	-	-	-	-
Other Unusual Items	-	-	-	-18.97	-4.57	-
Pretax Income	-114.26	-140.24	-216.66	-159.6	-68.03	-29.47
Income Tax Expense	0.06	0.03	-0.58	0.62	0.48	0.38
Earnings From Continuing Operations	-114.32	-140.27	-216.08	-160.22	-68.51	-29.85
Minority Interest in Earnings	10.69	11.65	16.7	10.41	9.19	4.62
Net Income	-103.63	-128.62	-199.38	-149.81	-59.32	-25.23
Net Income to Common	-103.63	-128.62	-199.38	-149.81	-59.32	-25.23
Shares Outstanding (Basic)	122	120	102	79	62	60
Shares Outstanding (Diluted)	122	120	102	79	62	60
Shares Change (YoY)	11.59%	17.45%	30.52%	27.68%	2.66%	-
EPS (Basic)	-0.85	-1.07	-1.95	-1.91	-0.96	-0.42
EPS (Diluted)	-0.85	-1.07	-1.95	-1.91	-0.96	-0.42
Free Cash Flow	-140.51	-175.67	-232.6	-160.15	-66.22	-39.71
Free Cash Flow Per Share	-1.15	-1.46	-2.27	-2.04	-1.08	-0.66
Gross Margin	63.03%	64.91%	23.49%	62.86%	67.33%	61.47%
Operating Margin	-4489.44%	-6099.65%	-4622.14%	-1565.94%	-1305.87%	-574.16%
Profit Margin	-3163.19%	-4433.71%	-5108.30%	-1775.04%	-1275.15%	-544.66%
Free Cash Flow Margin	-4289.13%	-6055.36%	-5959.52%	-1897.45%	-1423.56%	-857.11%
EBITDA	-143.07	-172.95	-177.76	-122.25	-56.5	-23.21
D&A For EBITDA	4	4	2.64	9.91	4.25	3.39
EBIT	-147.07	-176.95	-180.4	-132.17	-60.75	-26.6

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q