Namib Minerals (NAMM)

Namib Minerals Income Statement

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

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec 31, 2024	Dec 31, 2023
Revenue	85.88	65.06
Revenue Growth (YoY)	32.00%	-
Cost of Revenue	42.95	39.9
Gross Profit	42.93	25.16
Selling, General & Admin	20.1	8.99
Other Operating Expenses	-0.26	-2.67
Operating Expenses	24	10.31
Operating Income	18.93	14.85
Interest Expense	-1.25	-1.51
Interest & Investment Income	0.01	0.11
Currency Exchange Gain (Loss)	1.02	1.46
Other Non Operating Income (Expenses)	1.32	-6.33
EBT Excluding Unusual Items	20.03	8.59
Gain (Loss) on Sale of Investments	-	-0.04
Asset Writedown	-5.72	-
Pretax Income	14.5	8.88
Income Tax Expense	10.91	5.25
Net Income	3.59	3.63
Net Income to Common	3.59	3.63
Net Income Growth	-1.07%	-
Free Cash Flow	9.14	8.38
Gross Margin	49.99%	38.67%
Operating Margin	22.05%	22.83%
Profit Margin	4.18%	5.58%
Free Cash Flow Margin	10.64%	12.88%
EBITDA	23.07	17.56
EBITDA Margin	26.87%	26.99%
D&A For EBITDA	4.14	2.71
EBIT	18.93	14.85
EBIT Margin	22.05%	22.83%
Effective Tax Rate	75.25%	59.16%

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

SEC Filings: 10-K · 10-Q