← Galiano Gold Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $185.2m |
$256.2m
+38.36%
|
$161.9m
-36.80%
|
$683.1m
+321.88%
|
$748.1m
+9.52%
|
$823.6m
+10.09%
|
$821.2m
-0.29%
|
$0
-100.00%
|
$231.3m |
$447.8m
+93.55%
|
$597.0m
+33.32%
|
|
| Cost of Goods and Services Sold | $141.6m |
$180.8m
+27.63%
|
$129.0m
-28.62%
|
$521.4m
+304.04%
|
$482.0m
-7.56%
|
$534.1m
+10.81%
|
$608.9m
+14.00%
|
$0
-100.00%
|
$153.3m |
$262.4m
+71.15%
|
$304.3m
+15.96%
|
|
| Total cost of sales | ($141.6m) |
($180.8m)
-27.63%
|
$639.4m
+453.69%
|
$521.4m
-18.45%
|
$482.0m
-7.56%
|
$534.1m
+10.81%
|
$608.9m
+14.00%
|
$0
-100.00%
|
($153.3m) |
($262.4m)
-71.15%
|
— | |
| Gross Profit (derived) | $43.5m |
$75.4m
+73.30%
|
($477.5m)
-733.08%
|
$161.7m
+133.87%
|
$266.1m
+64.56%
|
$289.5m
+8.79%
|
$212.3m
-26.67%
|
$0
-100.00%
|
$78.0m |
$66.0m
-15.38%
|
$292.7m
+343.34%
|
|
| Selling, General and Administrative Expense | $12.5m | $12.6m | $11.7m | $11.8m | $14.8m | $13.5m | $11.1m | $15.3m | $20.0m | $25.3m | $20.8m | |
| Interest Expense On Lease Liabilities | — | — | — | $12k | $35k | $32k | $25k | $17k | $5.1m | $6.3m | $8.9m | |
| Foreign exchange gain (loss) | ($1.8m) | ($383k) | ($4.4m) | ($20k) | ($223k) | ($8k) | ($2k) | $109k | ($123k) | $5.7m | — | |
| Gain on sale of assets (Note 7) | — | — | — | — | — | — | — | — | $0 | $231.0m | — | |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | — | — | ($1.1m) | ($126.3m) | $59.2m | ($51.5m) | $46.5m | $31.7m | $2.4m | $0 | — | |
| Income before taxes | ($1.8m) | $30.7m | ($38.4m) | $128.9m | $218.2m | $2.3m | $102.4m | $293.7m | $8.5m | $30.5m | $182.6m | |
| Current Tax Expense (Income) | $1.5m | $1.3m | $1.1m | — | — | — | — | — | — | $38.3m | — | |
| Deferred Tax Expense (Income) | $9.9m | $22.8m | $11.4m | — | — | — | — | — | — | $23.0m | — | |
| Deferred Tax Expense (Income) Recognised In Profit Or Loss | — | — | — | — | — | — | — | — | — | $23.0m | — | |
| Income Tax Expense Continuing Operations | $11.4m | $24.1m | $12.5m | $0 | $0 | $0 | $0 | $0 | $0 | $61.3m | $99.8m | |
| Current income tax expense | ($1.5m) | ($1.3m) | ($17.3m) | ($12.7m) | ($30.1m) | ($5.3m) | ($10.7m) | ($52.7m) | $0 | ($38.3m) | $99.8m | |
| Deferred income tax expense | ($9.9m) | ($22.8m) | ($16.9m) | ($20.1m) | ($43.9m) | ($63.7m) | ($54.6m) | ($31.0m) | $0 | ($23.0m) | — | |
| Share of net income related to joint venture | — | — | ($1.1m) | ($126.3m) | $59.2m | ($51.5m) | $46.5m | $31.7m | $2.4m | $0 | — | |
| Basic Earnings (Loss) Per Share | ($0.07) | $0.03 | ($0.64) | ($0.74) | $0.26 | ($0.31) | $0.18 | $0.12 | $0.02 | ($0.11) | $0.28 | |
| Diluted Earnings (Loss) Per Share | ($0.07) | $0.03 | ($0.64) | ($0.74) | $0.26 | ($0.31) | $0.18 | $0.12 | $0.02 | ($0.11) | $0.27 | |
| Basic | $198,973,570.00 | $203,333,111.00 | $389,816,000.00 | $225,867,169.00 | $223,655,880.00 | $224,729,084.00 | $0.18 | $0.12 | $0.02 | ($0.11) | $0.28 | |
| Diluted | $198,973,570.00 | $204,394,452.00 | $389,816,000.00 | $225,867,169.00 | $224,919,474.00 | $224,729,084.00 | $0.18 | $0.12 | $0.02 | ($0.11) | $72,758,000.00 | |
| Additional Financial Items | ||||||||||||
| Income from operations and joint venture | $13.2m |
$48.0m
+264.06%
|
($22.6m)
-147.11%
|
($133.1m)
-489.07%
|
$49.3m
+137.05%
|
($60.6m)
-222.82%
|
$39.4m
+165.07%
|
$20.1m
-48.95%
|
$43.6m
+116.71%
|
$36.5m
-16.20%
|
$263.8m
+621.83%
|
|
| Administrative Expense | — | — | — | — | — | $1.2m | $1.3m | $1.3m | $1.4m | $1.6m | — | |
| Applicable Tax Rate | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Depreciation And Amortisation Expense | $53.0m | $64.2m | $41.9m | — | — | — | — | — | — | — | — | |
| Depreciation Right of Use Assets | — | — | — | $35k | $104k | — | — | — | — | — | — | |
| Employee Benefits Expense | $7.2m | $7.8m | $6.5m | $7.7m | $9.2m | $7.6m | $6.5m | $6.3m | $8.0m | $9.1m | — | |
| Expense From Share-Based Payment Transactions With Employees | $536k | $1.4m | $1.3m | $1.8m | $2.2m | $3.2m | $1.6m | $6.2m | $6.9m | $10.3m | — | |
| Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities | — | — | — | — | — | — | — | — | $71.7m | $129.5m | — | |
| Finance Costs | $13.8m | $17.5m | $10.7m | $35.6m | $45k | $925k | $5.6m | $23k | $38.3m | $17.8m | — | |
| Finance Income | $634k | $609k | $5.6m | $871k | $8.3m | $257k | $1.0m | $6.3m | $5.9m | $6.1m | — | |
| Gains Losses Recognised When Control In Subsidiary Is Lost | — | — | ($143.3m) | — | — | — | — | — | — | — | — | |
| Other Finance Cost | — | — | $321k | $12k | $10k | $20k | $5k | $6k | $485k | $406k | — | |
| Professional Fees Expense | $1.5m | $1.6m | $1.3m | $452k | $1.0m | $589k | $724k | $458k | $1.3m | $1.3m | — | |
| Profit Loss Attributable To Noncontrolling Interests | $0 | $570k | $159k | — | — | — | — | $0 | $2.4m | ($1.5m) | — | |
| Profit Loss Attributable To Owners Of Parent | ($13.2m) | $6.1m | ($141.4m) | ($167.9m) | $57.4m | ($68.9m) | $40.8m | $26.1m | $6.1m | ($29.3m) | — | |
| Profit Loss Before Tax | ($1.8m) | $30.7m | ($128.7m) | ($167.9m) | $57.4m | ($68.9m) | $40.8m | $26.1m | $8.5m | $30.5m | — | |
| Profit Loss From Operating Activities | $13.2m | $48.0m | $19.7m | ($133.1m) | $49.3m | ($60.6m) | $39.4m | $20.1m | $43.6m | $36.5m | — | |
| Realized and unrealized losses on gold hedges | $37k | $0 | — | — | — | — | — | ($900k) | ($23.1m) | ($119.3m) | — | |
| Production costs | ($88.7m) | ($116.6m) | — | — | — | — | — | $0 | ($115.8m) | ($166.7m) | — | |
| Depreciation and depletion | ($53.0m) | ($64.2m) | — | — | — | — | — | $0 | ($23.6m) | ($62.8m) | — | |
| Royalties | ($9.3m) | ($12.8m) | $21.6m | $17.4m | $10.2m | $11.7m | $9.1m | $0 | ($14.0m) | ($33.0m) | — | |
| Income from mine operations | $27.1m | $62.6m | — | — | — | — | — | $0 | $78.0m | $66.0m | — | |
| Exploration and evaluation expenditures | ($1.4m) | ($2.0m) | $11.0m | $6.7m | $0 | ($642k) | ($1.4m) | ($2.0m) | ($6.1m) | ($4.2m) | — | |
| Termination of offtake agreement | — | — | — | — | — | — | — | $0 | ($13.1m) | $0 | — | |
| Service fee earned as operators of joint venture | — | — | — | $5.0m | $4.9m | $5.1m | $5.4m | $5.7m | $976k | $0 | — | |
| Gain on derecognition of equity investment in joint venture | — | — | — | — | — | — | — | $0 | $1.4m | $0 | — | |
| Transaction costs | — | — | — | — | — | — | $0 | ($378k) | ($2.5m) | $0 | — | |
| Finance expense | ($13.8m) | ($17.5m) | ($3.0m) | ($35.6m) | ($45k) | ($925k) | ($5.6m) | ($23k) | ($38.3m) | ($17.8m) | — | |
| Net (loss) income and comprehensive (loss) income for the year | ($13.2m) | $6.6m | ($72.6m) | ($167.9m) | $57.4m | ($68.9m) | $40.8m | $26.1m | $8.5m | ($30.8m) | — | |
| Common shareholders of the Company | ($13.2m) | $6.1m | ($141.4m) | ($167.9m) | $57.4m | ($68.9m) | $40.8m | $26.1m | $6.1m | ($29.3m) | — | |
| Non-controlling interest | $0 | $570k | $159k | — | — | — | — | $0 | $2.4m | ($1.5m) | — | |
| Mining and processing | — | $315.6m | $387.2m | $339.0m | $312.6m | $351.5m | $394.4m | $437.3m | $518.9m | $572.8m | — | |
| Amortization | — | $125.6m | $166.6m | $165.0m | $152.7m | $170.9m | $171.5m | $190.2m | $218.4m | $209.7m | — | |
| Corporate and administrative | — | $15.5m | $17.4m | $19.8m | $21.0m | $24.5m | $25.9m | $27.6m | $32.6m | $39.3m | — | |
| Share-based compensation (Note 19) | — | $6.2m | $6.6m | $9.2m | $10.3m | $11.1m | $18.3m | $21.7m | $31.7m | $55.0m | — | |
| Reversal of impairment (Note 10) | — | $0 | $64.0m | $0 | $0 | $224.3m | $38.2m | $0 | ($57.1m) | ($218.8m) | — | |
| Other loss (Note 21) | — | ($3.1m) | ($8.4m) | $5.1m | ($3.7m) | ($7.2m) | ($5.1m) | ($22.9m) | ($39.7m) | ($9.6m) | — | |
| Net change in fair value of currency hedging instruments, net of taxes | — | — | — | — | $1.1m | — | ($5.9m) | $8.3m | ($11.7m) | $8.2m | — | |
| Net change in fair value of fuel hedging instruments, net of taxes | — | — | — | — | $100k | — | ($300k) | ($200k) | ($100k) | $0 | — | |
| Unrealized gain on equity securities, net of taxes | — | $6.6m | ($1.8m) | $2.5m | $23.8m | — | ($20.5m) | ($10.5m) | $26.4m | $34.9m | — | |
| COMPREHENSIVE INCOME | $39.2m | ($82.3m) | $105.1m | $169.2m | ($71.0m) | $10.4m | $207.6m | $298.9m | $928.9m | |||
| Inventory net realizable value adjustment | — | — | — | — | — | $0 | $33.9m | $0 | — | — | — | |
| COVID costs | — | — | — | $0 | $6.5m | — | — | — | — | — | — | |
| Debt Instrument, Redemption Loss | — | ($29.1m) | $0 | — | — | — | — | — | — | — | — | |
| Unrealized gain on currency hedging instruments, net of taxes | — | $6.0m | ($7.4m) | $6.0m | $1.1m | — | — | — | — | — | — | |
| Unrealized gain on fuel hedging instruments, net of taxes | — | $0 | ($500k) | $500k | $100k | — | — | — | — | — | — | |
| Total expenses | — | $486.8m | $674.4m | $557.1m | $520.5m | $808.7m | $709.7m | $705.2m | $785.0m | $711.3m | $333.2m | |
| Total other comprehensive income | — | $12.6m | ($9.7m) | $9.0m | $25.0m | ($4.3m) | ($26.7m) | ($2.4m) | $14.6m | $43.1m | — |