← 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
Total Revenue $185.2m $256.2m $161.9m $683.1m $748.1m $823.6m $821.2m $0 $231.3m $447.8m
Cost of Goods and Services Sold $141.6m $180.8m $129.0m $521.4m $482.0m $534.1m $608.9m $0 $153.3m $262.4m
Total cost of sales ($141.6m) ($180.8m) $639.4m $521.4m $482.0m $534.1m $608.9m $0 ($153.3m) ($262.4m)
Gross Profit (derived) $43.5m $75.4m ($477.5m) $161.7m $266.1m $289.5m $212.3m $0 $78.0m $66.0m
Income from operations and joint venture $13.2m $48.0m ($22.6m) ($133.1m) $49.3m ($60.6m) $39.4m $20.1m $43.6m $36.5m
Additional Financial Items
Applicable Tax Rate $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Depreciation Right of Use Assets — — — $35k $104k — — — — —
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) — — — — — — —
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
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
Realized and unrealized losses on gold hedges $37k $0 — — — — — ($900k) ($23.1m) ($119.3m)
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
Foreign exchange gain (loss) ($1.8m) ($383k) ($4.4m) ($20k) ($223k) ($8k) ($2k) $109k ($123k) $5.7m
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)
Gain on sale of assets (Note 7) — — — — — — — — $0 $231.0m
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 — —
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 other comprehensive income — $12.6m ($9.7m) $9.0m $25.0m ($4.3m) ($26.7m) ($2.4m) $14.6m $43.1m
Income before taxes ($1.8m) $30.7m ($38.4m) $128.9m $218.2m $2.3m $102.4m $293.7m $8.5m $30.5m
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)
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)
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)
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)
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
General and administrative expenses ($12.5m) ($12.6m) — ($11.8m) ($14.8m) ($13.5m) ($11.1m) ($15.3m) ($20.0m) ($25.3m)
Administrative Expense — — — — — $1.2m $1.3m $1.3m $1.4m $1.6m
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
Depreciation And Amortisation Expense $53.0m $64.2m $41.9m — — — — — — —
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
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
Production costs ($88.7m) ($116.6m) — — — — — $0 ($115.8m) ($166.7m)
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)
COVID costs — — — $0 $6.5m — — — — —
Interest Expense On Lease Liabilities — — — $12k $35k $32k $25k $17k $5.1m $6.3m
Income Tax Expense Continuing Operations $11.4m $24.1m $12.5m $0 $0 $0 $0 $0 $0 $61.3m
Current income tax expense ($1.5m) ($1.3m) ($17.3m) ($12.7m) ($30.1m) ($5.3m) ($10.7m) ($52.7m) $0 ($38.3m)
Deferred income tax expense ($9.9m) ($22.8m) ($16.9m) ($20.1m) ($43.9m) ($63.7m) ($54.6m) ($31.0m) $0 ($23.0m)
Total expenses — $486.8m $674.4m $557.1m $520.5m $808.7m $709.7m $705.2m $785.0m $711.3m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.