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	48.36	47.09	42.61
Gross Profit	34.23	38.79	22.46
Selling, General & Admin	23.4	20.1	8.99
Other Operating Expenses	-99.61	4.01	-4.09
Total Operating Expenses	-76.21	24.11	4.9
Operating Income	110.44	14.68	17.56
Interest Income	0.02	0.01	0.11
Interest Expense	-1.95	-1.52	-2.42
Other Non-Operating Income (Expense)	-	1.32	-0.04
Total Non-Operating Income (Expense)	-1.94	-0.19	-2.34
Pretax Income	108.51	14.5	8.88
Provision for Income Taxes	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%	-	-
Shares Outstanding	54.08	0.05	-
Free Cash Flow	1.88	9.44	8.57
Free Cash Flow Growth	-80.13%	10.20%	-
Free Cash Flow Per Share	0.03	0.19	0.18
Gross Margin	41.45%	45.17%	34.52%
Operating Margin	133.72%	17.10%	26.98%
Profit Margin	122.50%	4.18%	5.57%
FCF Margin	2.27%	10.99%	13.17%
EBITDA	117.71	18.82	20.26
EBITDA Margin	142.51%	21.92%	31.14%
EBIT	110.44	14.68	17.56
EBIT Margin	133.72%	17.10%	26.98%
Effective Tax Rate	6.75%	75.25%	59.16%

Updated Feb 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q