Fortuna Mining Corp. income statement
In fiscal 2025, Fortuna Mining Corp. reported revenue of $947m, up 39.8% on the year before, operating income of $408m (a 43.1% margin) and net income of $287m, or $0.90 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 210 | 268 | 263 | 257 | 279 | 600 | 681 | 842 | 677 | 947 |
| Cost of revenue | 130 | 159 | 167 | 173 | 169 | 394 | 535 | 652 | 444 | 480 |
| Gross profit | 81 | 110 | 97 | 85 | 110 | 205 | 147 | 190 | 233 | 467 |
| Operating income | 49 | 110 | 62 | 34 | 57 | 137 | −114 | −0 | 156 | 408 |
| Interest expense | 2 | 2 | 1 | 1 | 2 | 10 | 9 | 4 | 4 | 6 |
| Income before tax | 47 | 105 | 67 | 44 | 59 | 107 | −125 | −11 | 142 | 400 |
| Income tax | 29 | 39 | 33 | 20 | 37 | 48 | 11 | 33 | 51 | 111 |
| Net income | 18 | 66 | 34 | 24 | 22 | 58 | −128 | −51 | 129 | 287 |
| Diluted EPS | $0.13 | $0.42 | $0.21 | $0.14 | $0.12 | $0.23 | −$0.44 | −$0.17 | $0.41 | $0.90 |
| Diluted shares (average) | 138m | 158m | 162m | 165m | 186m | 249m | 291m | 295m | 311m | 335m |
| EBITDA | 81 | 152 | 106 | 79 | 99 | 258 | 58 | 216 | 329 | 598 |
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