Namib Minerals Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	82.6	85.88	65.06
Revenue Growth (YoY)	-3.83%	32.00%	-
Cost of Revenue	41.15	43.07	40.32
Gross Profit	41.44	42.81	24.74
Selling, General & Admin	21.37	18.72	7.34
Other Operating Expenses	-0.49	-0.26	-2.66
Operating Expenses	28.17	22.7	8.66
Operating Income	13.27	20.12	16.08
Interest Expense	-1.66	-1.25	-1.51
Interest & Investment Income	0.02	0.01	0.11
Currency Exchange Gain (Loss)	-0.07	1.02	1.46
Other Non Operating Income (Expenses)	4.43	0.49	-6.77
EBT Excluding Unusual Items	15.99	20.39	9.38
Gain (Loss) on Sale of Investments	-	-	-0.04
Gain (Loss) on Sale of Assets	-0.43	-0.27	-0.05
Asset Writedown	-0.24	-5.72	-
Other Unusual Items	93.19	-0.08	-0.75
Pretax Income	108.51	14.5	8.88
Income Tax Expense	7.33	10.91	5.25
Net Income	101.18	3.59	3.63
Net Income to Common	101.18	3.59	3.63
Net Income Growth	2719.95%	-1.07%	-
Shares Outstanding (Basic)	52	49	49
Shares Outstanding (Diluted)	55	49	49
Shares Change (YoY)	12.57%	-	-
EPS (Basic)	1.96	0.07	0.07
EPS (Diluted)	1.84	0.07	0.07
EPS Growth	2528.57%	-	-
Free Cash Flow	1.44	9.14	8.38
Free Cash Flow Per Share	0.03	0.19	0.17
Gross Margin	50.17%	49.85%	38.03%
Operating Margin	16.07%	23.42%	24.71%
Profit Margin	122.50%	4.18%	5.58%
Free Cash Flow Margin	1.74%	10.64%	12.88%
EBITDA	20.54	24.26	18.78
EBITDA Margin	24.87%	28.24%	28.87%
D&A For EBITDA	7.27	4.14	2.71
EBIT	13.27	20.12	16.08
EBIT Margin	16.07%	23.42%	24.71%
Effective Tax Rate	6.75%	75.25%	59.16%

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