McEwen 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	235.91	197.55	174.48	166.23	110.42	136.54
Revenue Growth (YoY)	39.63%	13.23%	4.96%	50.55%	-19.13%	30.30%
Cost of Revenue	138.8	122.76	113.31	119.23	91.26	119.22
Gross Profit	68.99	47.56	30.94	17.78	-0.54	-6.48
Selling, General & Admin	32.79	26.7	17.17	15.45	11.89	11.44
Depreciation & Amortization Expenses	28.76	27.85	30.86	30.36	20.43	24.14
Exploration Expenses	23.97	22.2	16.55	20.17	14.97	22.6
Other Operating Expenses	-15.57	-10.63	43.05	137.7	60.61	16.52
Total Operating Expenses	69.95	66.11	107.63	203.68	107.9	74.7
Operating Income	51.54	2.65	-50.57	-162.06	-95.44	-64.28
Interest Income	30.34	-7.22	-4.6	36.92	-7.79	-6.2
Interest Expense	-4.91	-	-	-	-	-
Other Non-Operating Income (Expense)	2.65	11.51	8.43	192.18	22.94	6.28
Total Non-Operating Income (Expense)	28.07	4.3	3.83	229.1	15.15	0.08
Pretax Income	47.5	6.95	-46.74	67.04	-80.29	-64.2
Provision for Income Taxes	-26.58	-27.49	-3.05	33.86	5.81	-7.32
Net Income	74.08	34.43	-43.69	33.18	-86.09	-56.88
Minority Interest in Earnings	-	-	-	22.12	5.02	0.17
Net Income to Common	74.08	34.43	-43.69	55.3	-91.11	-57.06
Shares Outstanding (Basic)	55	54	51	48	47	45
Shares Outstanding (Diluted)	62	66	51	48	47	45
Shares Change (YoY)	18.94%	28.50%	7.31%	0.25%	4.26%	12.75%
EPS (Basic)	1.31	0.64	-0.86	1.16	-1.71	-1.25
EPS (Diluted)	1.09	0.59	-0.86	1.16	-1.71	-1.25
Free Cash Flow	-23.76	-37.77	-13.64	-65.74	-80.77	-54.95
Free Cash Flow Per Share	-0.38	-0.58	-0.27	-1.38	-1.70	-1.21
Gross Margin	29.24%	24.08%	17.73%	10.70%	-0.49%	-4.75%
Operating Margin	21.85%	1.34%	-28.98%	-97.49%	-86.43%	-47.08%
Profit Margin	31.40%	17.43%	-25.04%	19.96%	-77.97%	-41.66%
FCF Margin	-10.07%	-19.12%	-7.82%	-39.55%	-73.15%	-40.25%
EBITDA	80.29	30.5	-19.71	-131.7	-75.91	-38.94
EBITDA Margin	34.03%	15.44%	-11.30%	-79.23%	-68.74%	-28.52%
EBIT	51.54	2.65	-50.57	-162.06	-95.44	-64.28
EBIT Margin	21.85%	1.34%	-28.98%	-97.49%	-86.43%	-47.08%
Effective Tax Rate	-55.95%	-395.52%	6.52%	50.51%	-7.23%	11.39%

SEC Filings: 10-K · 10-Q