McEWEN INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $197.6M | $174.5M | $166.2M | $110.4M | $136.5M | $104.8M | $117.0M | $128.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $47.6M | $30.9M | $17.8M | $-544.0K | $-6.5M | $-26.9M | $9.0M | $32.1M |
| Gross Margin | 24.1% | 17.7% | 10.7% | -0.5% | -4.7% | -25.7% | 7.7% | 25.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $26.7M | $17.2M | $15.4M | $11.9M | $11.4M | $9.2M | $12.8M | $11.1M |
| Operating Income | $2.7M | $-50.6M | $-162.1M | $-95.4M | $-64.3M | $-153.2M | $-63.9M | $-47.2M |
| Operating Margin | 1.3% | -29.0% | -97.5% | -86.4% | -47.1% | -146.2% | -54.6% | -36.8% |
| Interest Expense | — | — | — | — | — | — | — | $1.9M |
| Pretax Income | $6.9M | $-46.7M | $67.0M | $-80.3M | $-64.2M | $-153.7M | $-63.6M | $-47.6M |
| Income Tax Expense | $-27.5M | $-3.0M | $33.9M | $5.8M | $-7.3M | $-1.4M | $-3.8M | $-2.8M |
| Net Income | $34.4M | $-43.7M | $55.3M | $-81.1M | $-56.7M | $-152.3M | $-59.7M | $-44.9M |
| Net Margin | 17.4% | -25.0% | 33.3% | -73.4% | -41.5% | -145.4% | -51.1% | -35.0% |
| EPS (Basic) | $0.64 | $-0.86 | $1.16 | $-1.71 | $-1.25 | $-3.78 | $-0.17 | $-0.13 |
| EPS (Diluted) | $0.59 | $-0.86 | $1.16 | $-1.71 | $-1.25 | $-3.78 | $-0.17 | $-0.13 |
| Shares Outstanding (Basic) | 54.0M | 51.0M | 47.5M | 47.4M | 45.5M | 40.3M | 361.8M | 337.3M |
| Shares Outstanding (Diluted) | 65.6M | 51.0M | 47.5M | 47.4M | 45.5M | 40.3M | 361.8M | 337.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |