McEWEN INC.

MUX ·Basic Materials, Gold
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $128.2M $67.5M $60.4M $73.0M $45.3M $46.0M $6.0M
Cost of Revenue $45.2M $28.1M $34.6M $40.6M $34.6M $3.9M
Gross Profit $32.1M $20.1M $32.3M $38.3M $4.7M $11.4M $2.1M
Gross Margin 25.0% 29.8% 53.4% 52.6% 10.4% 24.8% 35.3%
Operating Expenses
Research & Development
SG&A Expense $11.1M $12.3M $12.7M $12.0M $12.1M $14.0M $16.8M $7.0M
Operating Income $-47.2M $-26.3M $15.3M $-49.3M $-410.2M $-200.4M $-91.4M $-60.2M
Operating Margin -36.8% -39.0% 25.4% -67.6% -905.4% -435.8% -1,532.1%
Interest Expense $1.9M
Pretax Income $-47.6M $-26.0M $17.3M $-45.0M $-419.1M $-201.1M $-93.9M $-62.1M
Income Tax Expense $-2.8M $-15.4M $-3.7M $-24.6M $-107.2M $-53.4M $-27.2M $-180.0K
Net Income $-44.9M $-10.6M $21.1M $-20.5M $-311.9M $-147.7M $-66.7M $-61.9M
Net Margin -35.0% -15.8% 34.9% -28.0% -688.6% -321.3% -1,117.2%
EPS (Basic) $-0.13 $-0.03 $0.07 $-0.07 $-1.05 $-0.50 $-0.26 $-0.42
EPS (Diluted) $-0.13 $-0.03 $0.07 $-0.07 $-1.05 $-0.50 $-0.26 $-0.42
Shares Outstanding (Basic) 337.3M 313.9M 298.8M 300.3M 297.8M 297.0M 261.2M 147.7M
Shares Outstanding (Diluted) 337.3M 313.9M 300.5M 300.3M 297.8M 297.0M 261.2M 147.7M
Dividends Per Share
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