Namib Minerals (NAMM)

Namib Minerals Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	80.35	85.88	65.06
Revenue Growth (YoY)	9.52%	32.00%	-
Cost of Revenue	42.13	42.95	39.9
Gross Profit	38.22	42.93	25.16
Selling, General & Admin	27.52	20.1	8.99
Other Operating Expenses	-0.41	-0.26	-2.67
Operating Expenses	32.24	24	10.31
Operating Income	5.98	18.93	14.85
Interest Expense	-1.35	-1.25	-1.51
Interest & Investment Income	0.02	0.01	0.11
Currency Exchange Gain (Loss)	0.31	1.02	1.46
Other Non Operating Income (Expenses)	2.34	1.32	-6.33
EBT Excluding Unusual Items	7.3	20.03	8.59
Gain (Loss) on Sale of Investments	-	-	-0.04
Asset Writedown	-5.91	-5.72	-
Pretax Income	-7.34	14.5	8.88
Income Tax Expense	10.15	10.91	5.25
Net Income	-17.49	3.59	3.63
Net Income to Common	-17.49	3.59	3.63
Net Income Growth	-	-1.07%	-
Free Cash Flow	1.62	9.14	8.38
Gross Margin	47.57%	49.99%	38.67%
Operating Margin	7.44%	22.05%	22.83%
Profit Margin	-21.76%	4.18%	5.58%
Free Cash Flow Margin	2.01%	10.64%	12.88%
EBITDA	11.11	23.07	17.56
EBITDA Margin	13.82%	26.87%	26.99%
D&A For EBITDA	5.13	4.14	2.71
EBIT	5.98	18.93	14.85
EBIT Margin	7.44%	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