Ero Copper Corp.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $0 $0 $0 $324.1m $489.9m $426.4m $427.5m $470.3m $785.8m
Cost of sales ($135.9m) ($171.1m) ($239.2m) ($270.6m) ($289.7m) ($441.2m)
Gross profit $188.1m $318.9m $187.2m $156.8m $180.6m $344.6m
Operating Income $151.1m $272.2m $129.8m $95.2m $108.9m $270.6m
General and administrative ($27.9m) ($38.8m) ($49.5m) ($52.4m) ($49.6m) ($49.5m)
Share-based compensation ($9.1m) ($7.8m) ($7.9m) ($9.2m) ($10.0m) ($24.6m)
Write-downs (reversals of write-downs) of property, plant and equipment $0 ($12.1m) $0
Finance income $1.3m $3.0m $10.3m $12.5m $4.3m $5.4m
Foreign exchange gain (loss) ($79.8m) ($22.0m) $19.9m $34.6m ($165.0m) $95.7m
Income (loss) before income taxes $61.4m $236.9m $126.4m $112.4m ($75.4m) $331.0m
Foreign currency translation gain (loss) ($49.6m) ($24.3m) $29.9m $52.7m ($165.0m) $74.3m
Comprehensive income (loss) $2.9m $178.4m $133.0m $147.0m ($232.8m) $341.2m
Owners of the Company $2.3m $176.9m $131.5m $145.1m ($232.0m) $337.3m
Non-controlling interests $678k $1.5m $1.4m $1.9m ($802k) $3.9m
Depreciation $0 $103k $168k $207k $157k $98k
Filing and regulatory fees $185k $207k $192k $205k $271k $306k $291k $346k $320k
Office and administration $230k $262k $240k $231k $598k $656k $610k $647k $837k
Professional fees $104k $91k $91k $150k $371k $368k $274k $883k $681k
Share-based payments $319k $575k $406k $557k $1.2m $1.5m $1.1m $2.5m $2.3m
Shareholder communication and travel $515k $561k $452k $306k $778k $801k $779k $732k $717k
Wages and benefits $1.1m $1.1m $1.0m $1.2m $1.8m $1.8m $1.9m $4.4m $2.5m
Foreign exchange loss $7k $4k $4k $7k $11k $12k $811 $4k $1k
Interest income ($47k) ($84k) ($58k) ($14k) ($208k) ($585k) ($1.2m) ($2.7m) ($2.0m)
Gain on marketable securities $169k $34k $92k ($576k) ($367k) $694k ($621k) ($48k) ($2.4m)
Flow-through premium recovery ($767k) ($128k) ($897k) ($760k) $0
Rent and utilities $112k $113k $115k $120k $0
Net income (loss) for the year $2.7m $2.9m $1.8m $52.5m $202.6m $103.1m $94.3m ($67.8m) $266.9m
Basic (in usd per share) $0.03 $0.03 $0.02 $0.61 $2.29 $1.14 $1.00 ($0.66) $2.57
Diluted (in usd per share) $0.03 $0.03 $0.02 $0.57 $2.23 $1.12 $0.99 ($0.66) $2.56
Basic and diluted loss per share (in dollars per share) $0.03 $0.03 $0.02 $0.02 $0.03 $1.10 $0.98 ($0.66) $2.53
Weighted average number of ordinary shares used in calculating basic earnings per share $0.03 $0.03 $0.02 $0.46 $1.40 $1.12 $0.99 ($0.66) $2.54
Weighted average number of common shares outstanding
Finance expense ($15.4m) ($12.2m) ($33.2m) ($25.8m) ($17.1m) ($33.4m)
Other expenses ($4.7m) ($2.9m) ($384k) ($4.1m) ($6.6m) ($7.4m)
Current income tax expense ($9.7m) ($22.4m) ($15.0m) ($16.0m) ($17.7m) ($39.7m)
Deferred income tax (expense) recovery $750k ($11.9m) ($8.3m) ($2.1m) $25.3m ($24.4m)
Income tax expense ($8.9m) ($34.3m) ($23.3m) ($18.0m) $7.7m ($64.0m)
CORPORATE EXPENSES $2.5m $2.9m $2.5m $2.7m $5.2m $5.6m $5.1m $9.6m $7.5m