Spanish Mountain Gold Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Selling, General & Admin	1.85	1.9	2.2	0.78	1	Upgrade
Operating Expenses	2.35	2.46	2.39	1.07	1.09	Upgrade
Operating Income	-2.35	-2.46	-2.39	-1.07	-1.09	Upgrade
Interest Expense	-0.01	-0.03	-0.02	-0.01	-0	Upgrade
Interest & Investment Income	0.08	0.1	0.15	0.09	0.09	Upgrade
Other Non Operating Income (Expenses)	0.37	-0.13	-0.09	-0.06	-0.15	Upgrade
EBT Excluding Unusual Items	-1.91	-2.52	-2.35	-1.04	-1.15	Upgrade
Other Unusual Items	-0.01	0.05	-	-	-	Upgrade
Pretax Income	-1.92	-2.47	-2.35	-1.04	-1.15	Upgrade
Income Tax Expense	0.72	-	-0.2	-0.17	-0.18	Upgrade
Net Income	-2.64	-2.47	-2.14	-0.88	-0.97	Upgrade
Net Income to Common	-2.64	-2.47	-2.14	-0.88	-0.97	Upgrade
Shares Outstanding (Basic)	461	390	361	338	330	Upgrade
Shares Outstanding (Diluted)	461	390	361	338	330	Upgrade
Shares Change (YoY)	18.45%	7.77%	6.87%	2.37%	19.86%	Upgrade
EPS (Basic)	-0.01	-0.01	-0.01	-0.00	-0.00	Upgrade
EPS (Diluted)	-0.01	-0.01	-0.01	-0.00	-0.00	Upgrade
Free Cash Flow	-13.29	-7.38	-5.73	-4.95	-6.6	Upgrade
Free Cash Flow Per Share	-0.03	-0.02	-0.02	-0.01	-0.02	Upgrade
EBITDA	-2.34	-2.44	-2.38	-1.07	-1.08	Upgrade
D&A For EBITDA	0.01	0.02	0.02	0	0	Upgrade
EBIT	-2.35	-2.46	-2.39	-1.07	-1.09	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.