Mako Mining 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	185.28	148.47	92.08	65.95	63.38	35.5
Revenue Growth (YoY)	77.04%	61.25%	39.62%	4.06%	78.54%	2439.13%
Cost of Revenue	77.36	65.47	38.22	29.79	33.19	15.83
Gross Profit	107.92	83	53.85	36.16	30.18	19.67
Selling, General & Admin	13.5	10.81	8.65	7.19	6.23	5.98
Other Operating Expenses	0.59	0.59	0.19	0.23	-0.12	0.33
Operating Expenses	32.75	28.74	19.58	25.1	37.98	19.21
Operating Income	75.17	54.26	34.28	11.06	-7.8	0.47
Interest Expense	-0.8	-0.78	-0.65	-0.94	-1.68	-1.29
Interest & Investment Income	1.07	0.57	0.05	0.02	0	0.13
Currency Exchange Gain (Loss)	2.29	1.4	-1.67	0.06	0.08	-0.27
Other Non Operating Income (Expenses)	-1.29	-1.74	-2.66	-1.31	-0.49	-0.23
EBT Excluding Unusual Items	76.44	53.7	29.35	8.88	-9.88	-1.19
Gain (Loss) on Sale of Assets	-	-	-	-	-	12.01
Other Unusual Items	1	1	-	-	-	-0.35
Pretax Income	77.44	54.7	29.35	8.88	-9.88	10.46
Income Tax Expense	29.98	20.96	10.2	2.08	2.1	0.5
Net Income	47.47	33.74	19.15	6.8	-11.98	9.96
Net Income to Common	47.47	33.74	19.15	6.8	-11.98	9.96
Net Income Growth	104.35%	76.17%	181.69%	-	-	-
Shares Outstanding (Basic)	84	82	72	66	66	66
Shares Outstanding (Diluted)	85	83	74	67	66	66
Shares Change (YoY)	10.75%	12.91%	10.82%	1.08%	-0.01%	6.67%
EPS (Basic)	0.57	0.41	0.27	0.10	-0.18	0.15
EPS (Diluted)	0.56	0.41	0.26	0.10	-0.18	0.15
EPS Growth	83.39%	57.69%	160.00%	-	-	-
Free Cash Flow	52.73	34.17	21.57	7.71	7.58	-3.72
Free Cash Flow Per Share	0.62	0.41	0.29	0.12	0.12	-0.06
Gross Margin	58.25%	55.90%	58.49%	54.83%	47.62%	55.42%
Operating Margin	40.57%	36.54%	37.23%	16.77%	-12.30%	1.31%
Profit Margin	25.62%	22.73%	20.80%	10.31%	-18.90%	28.07%
Free Cash Flow Margin	28.46%	23.01%	23.43%	11.69%	11.96%	-10.47%
EBITDA	84.8	63.07	42.17	24.57	12.71	7.72
EBITDA Margin	45.77%	42.48%	45.80%	37.25%	20.05%	21.74%
D&A For EBITDA	9.64	8.81	7.89	13.51	20.5	7.25
EBIT	75.17	54.26	34.28	11.06	-7.8	0.47
EBIT Margin	40.57%	36.54%	37.23%	16.77%	-12.30%	1.31%
Effective Tax Rate	38.71%	38.31%	34.74%	23.46%	-	4.79%
Revenue as Reported	185.28	148.47	92.08	65.95	63.38	35.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.