Ivanhoe Electric Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3.37	3.24	2.9	3.9	8.44	4.65
Revenue Growth (YoY)	2.78%	11.82%	-25.67%	-53.76%	81.43%	-
Cost of Revenue	1.19	1.13	1.02	2.99	3.14	1.52
Gross Profit	2.18	2.12	1.88	0.92	5.31	3.13
Selling, General & Admin	37.52	39.27	45.04	48.48	27.14	20.55
Research & Development	0.63	0.28	2.85	6.12	5.04	3.83
Exploration Expenses	70.71	63.29	130.94	126.72	105.29	39.51
Other Operating Expenses	-127.17	12.86	-	-	-	-
Total Operating Expenses	-18.31	115.69	178.83	181.32	137.47	63.88
Operating Income	10.19	-113.57	-176.95	-180.4	-132.17	-60.75
Interest Expense	-3.44	-4.14	-2.59	-2.96	-0.97	-1.53
Other Non-Operating Income (Expense)	-4.06	-7.32	39.3	-33.3	-26.47	-5.74
Total Non-Operating Income (Expense)	-7.5	-11.46	36.71	-36.26	-27.44	-7.28
Pretax Income	2.69	-125.04	-140.24	-216.66	-159.6	-68.03
Provision for Income Taxes	12.21	0.01	0.03	-0.58	0.62	0.48
Net Income	-33.62	-105.87	-128.62	-199.38	-149.81	-59.32
Minority Interest in Earnings	-55.2	-19.17	-11.65	-16.7	-10.41	-9.19
Net Income to Common	-33.62	-105.87	-128.62	-199.38	-149.81	-59.32
Shares Outstanding (Basic)	140	134	120	102	79	62
Shares Outstanding (Diluted)	142	134	120	102	79	62
Shares Change (YoY)	16.02%	10.97%	17.45%	30.52%	27.68%	-
EPS (Basic)	-1.30	-0.79	-1.07	-1.95	1.91	0.96
EPS (Diluted)	-1.29	-0.79	-1.07	-1.95	1.91	0.96
EPS Growth	-	-	-	-	98.96%	-
Shares Outstanding	158	145.5	120.6	102.49	93	63.9
Free Cash Flow	-117.53	-93.2	-165.03	-152.09	-124.24	-51.82
Free Cash Flow Per Share	-0.83	-0.70	-1.37	-1.48	-1.58	-0.84
Gross Margin	64.78%	65.29%	64.91%	23.49%	62.86%	67.33%
Operating Margin	302.61%	-3500.96%	-6099.66%	-4622.14%	-1565.94%	-1305.87%
Profit Margin	-282.77%	-3854.72%	-4835.23%	-5536.13%	-1898.35%	-1472.72%
FCF Margin	-3490.73%	-2873.09%	-5688.59%	-3896.82%	-1472.04%	-1114.02%
EBITDA	13.08	-110.62	-174.25	-177.76	-127.95	-56.5
EBITDA Margin	388.54%	-3409.99%	-6006.48%	-4554.50%	-1516.04%	-1214.51%
EBIT	10.19	-113.57	-176.95	-180.4	-132.17	-60.75
EBIT Margin	302.61%	-3500.96%	-6099.66%	-4622.14%	-1565.94%	-1305.87%
Effective Tax Rate	454.47%	-0.01%	-0.02%	0.27%	-0.39%	-0.71%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q