Fortuna Mining Corp. (FSM) — Financial statements
Income statement, balance sheet, and cash flow for Fortuna Mining Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 960↓9.6% | 1,062↑26.1% | 842↑23.6% | 681↑13.6% | 600 | |
| Cost of Revenue | 492↓31.5% | 718↑10.1% | 652↑22.0% | 535↑35.6% | 394 | |
| Gross Profit | 468↑36.2% | 344↑80.8% | 190↑29.4% | 147↓28.6% | 205 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 76↑18.7% | 64↑4.3% | 61↑35.5% | 45 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 2 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 98↑26.2% | 78↑21.4% | 64↑4.3% | 61↑35.5% | 45 | |
| Other Expenses | 0.00↓100.0% | 38↓70.1% | 126↓36.5% | 199↑755.9% | 23 | |
| Operating Expenses | 98↓15.0% | 116↓39.3% | 190↓26.9% | 260↑279.5% | 69 | |
| Total Costs & Expenses | 590↓29.2% | 834↓1.0% | 843↑6.0% | 795↑71.7% | 463 | |
| Operating Results | ||||||
| Operating Income | 370↑62.2% | 228↑56131.0% | -0.41↑99.6% | -114↓183.0% | 137 | |
| Depreciation & Amortization | 197↓17.4% | 238↑8.3% | 220↑27.1% | 173↑41.3% | 122 | |
| EBITDA | 566↑19.4% | 474↑105.5% | 231↑290.8% | 59↓75.6% | 242 | |
| EBIT | 370↑56.5% | 236↑2028.3% | 11↑109.8% | -114↓195.0% | 120 | |
| Interest & Other Income | ||||||
| Net Interest Income | -10↑48.7% | -20↓6.4% | -19↓102.0% | -9↓10.9% | -8 | |
| Interest Income | 15↑242.6% | 4↑29.0% | 3↑88.5% | 2↓2.8% | 2 | |
| Interest Expense | 25↑3.0% | 24↑9.8% | 22↑99.8% | 11↑8.4% | 10 | |
| Non-Operating Income | 0.00↑100.0% | -8↑28.6% | -12↓5686.4% | 0.21↓98.8% | 17 | |
| Other Income / Expenses | 37↑336.0% | -16↓48.8% | -11↑7.9% | -12↑61.1% | -30 | |
| Income Before Tax | 407↑91.9% | 212↑2020.3% | -11↑91.2% | -125↓216.7% | 107 | |
| Income Tax Expense | 113↑61.2% | 70↑115.8% | 33↑201.7% | 11↓77.4% | 48 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 294↑107.1% | 142↑425.2% | -44↑67.9% | -136↓328.8% | 59 | |
| Net Income from Discontinued Operations | 32 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 302↑134.7% | 129↑353.2% | -51↑60.3% | -128↓321.4% | 58 | |
| Bottom-Line Net Income | 302↑134.7% | 129↑353.2% | -51↑60.3% | -128↓307.8% | 62 | |
| EPS (Basic) | 0.98↑133.3% | 0.42↑347.1% | -0.17↑63.8% | -0.47↓295.8% | 0.24 | |
| EPS (Diluted) | 0.90↑119.5% | 0.41↑341.2% | -0.17↑63.8% | -0.47↓304.3% | 0.23 | |
| Weighted Average Shares | 307↓0.7% | 309↑4.7% | 295↑1.3% | 291↑22.4% | 238 | |
| Weighted Average Diluted Shares | 335↑7.8% | 311↑5.3% | 295↑1.3% | 291↑16.8% | 249 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.