Namib Minerals (NAMM)

Namib Minerals Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	82.6	85.88	65.06
Revenue Growth (YoY)	-3.83%	32.00%	-
Cost of Revenue	41.15	43.07	40.32
Gross Profit	41.44	42.81	24.74
Selling, General & Admin	21.37	18.72	7.34
Other Operating Expenses	-0.49	-0.26	-2.66
Operating Expenses	28.17	22.7	8.66
Operating Income	13.27	20.12	16.08
Interest Expense	-1.66	-1.25	-1.51
Interest & Investment Income	0.02	0.01	0.11
Currency Exchange Gain (Loss)	-0.07	1.02	1.46
Other Non Operating Income (Expenses)	4.43	0.49	-6.77
EBT Excluding Unusual Items	15.99	20.39	9.38
Gain (Loss) on Sale of Investments	-	-	-0.04
Gain (Loss) on Sale of Assets	-0.43	-0.27	-0.05
Asset Writedown	-0.24	-5.72	-
Other Unusual Items	93.19	-0.08	-0.75
Pretax Income	108.51	14.5	8.88
Income Tax Expense	7.33	10.91	5.25
Net Income	101.18	3.59	3.63
Net Income to Common	101.18	3.59	3.63
Net Income Growth	2719.95%	-1.07%	-
Shares Outstanding (Basic)	52	49	49
Shares Outstanding (Diluted)	55	49	49
Shares Change (YoY)	12.57%	-	-
EPS (Basic)	1.96	0.07	0.07
EPS (Diluted)	1.84	0.07	0.07
EPS Growth	2528.57%	-	-
Free Cash Flow	1.44	9.14	8.38
Free Cash Flow Per Share	0.03	0.19	0.17
Gross Margin	50.17%	49.85%	38.03%
Operating Margin	16.07%	23.42%	24.71%
Profit Margin	122.50%	4.18%	5.58%
Free Cash Flow Margin	1.74%	10.64%	12.88%
EBITDA	20.54	24.26	18.78
EBITDA Margin	24.87%	28.24%	28.87%
D&A For EBITDA	7.27	4.14	2.71
EBIT	13.27	20.12	16.08
EBIT Margin	16.07%	23.42%	24.71%
Effective Tax Rate	6.75%	75.25%	59.16%

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

SEC Filings: 10-K · 10-Q