Lundin Mining Corporation (LUNMF)

Lundin Mining Income Statement

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

Year	2023	2022	2021	2020
Revenue	3,392	3,041	3,329	2,042
Revenue Growth (YoY)	11.54%	-8.64%	63.05%	-
Cost of Revenue	2,740	2,279	1,959	1,543
Gross Profit	652.37	762.57	1,370	498.12
Selling, General & Admin	66.72	53.88	52.2	44.17
Research & Development	10.96	107.6	8.2	18.03
Other Operating Expenses	67.9	51.09	45.84	36.55
Operating Expenses	145.58	212.58	106.24	98.75
Operating Income	506.79	550	1,263	399.38
Interest Income	11.14	4.21	0.61	5.99
Interest Expense	63.88	11.63	7.52	12.32
Other Expense / Income	104.59	98	13.79	-21.64
Pretax Income	531.85	598.16	1,245	341.48
Income Tax	216.6	134.63	365.69	152.42
Net Income	315.25	463.53	879.3	189.06
Net Income Growth	-31.99%	-47.28%	365.10%	-
Shares Outstanding (Basic)	773	763	737	734
Shares Outstanding (Diluted)	773	763	737	734
Shares Change	1.31%	3.49%	0.37%	-
EPS (Basic)	0.31	0.56	1.06	0.23
EPS (Diluted)	0.31	0.56	1.06	0.23
EPS Growth	-44.64%	-47.17%	360.87%	-
Free Cash Flow	3.5	33.99	952.86	134.65
Free Cash Flow Per Share	0.00	0.04	1.29	0.18
Gross Margin	19.23%	25.07%	41.15%	24.40%
Operating Margin	14.94%	18.08%	37.96%	19.56%
Profit Margin	9.29%	15.24%	26.42%	9.26%
Free Cash Flow Margin	0.10%	1.12%	28.62%	6.60%
Effective Tax Rate	40.73%	22.51%	29.37%	44.64%
EBITDA	1,133	997.78	1,772	811.71
EBITDA Margin	33.40%	32.81%	53.22%	39.76%
Depreciation & Amortization	653.6	554.75	522.76	447.47
EBIT	479.51	443.03	1,249	364.23
EBIT Margin	14.14%	14.57%	37.52%	17.84%