← Orla Mining Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $8.6b | $8.4b | $7.2b | ($107k) | ($267k) | $4.1m | $193.2m | $233.6m | $343.9m | $1.1b | |
| Revenue From Interest | — | — | — | ($107k) | ($267k) | $140k | $2.2m | $5.4m | $10.8m | $8.3m | |
| REVENUE (note 3) | $8.6b | $8.4b | $7.2b | $9.7b | $12.6b | $4.1m | $193.2m | $233.6m | $343.9m | $1.1b | |
| Cost of Goods and Services Sold | $3.3b | $3.2b | $2.8b | — | — | $1.4m | $65.4m | $92.1m | $126.3m | $495.6m | |
| Gross Profit (derived) | $5.3b | $5.2b | $4.5b | — | — | $2.7m | $127.9m | $141.5m | $217.6m | $562.3m | |
| Operating expenses: | |||||||||||
| Operating costs (note 4(a)) | — | — | — | — | — | $1.2m | ($45.6m) | ($57.7m) | ($77.1m) | ($319.2m) | |
| Additional Financial Items | |||||||||||
| Applicable Tax Rate | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Average Effective Tax Rate | — | — | — | — | — | — | $0 | $5 | $0 | $1 | |
| Profit Loss Before Tax | $1.8b | $2.7b | ($237.0m) | $6.4b | $4.9b | ($26.3m) | $78.4m | $7.6m | $176.3m | $261.0m | |
| Profit Loss From Operating Activities | — | — | — | — | — | — | — | — | $206.8m | $618.5m | |
| Depletion and depreciation | — | — | — | — | — | — | ($15.0m) | ($28.6m) | ($40.7m) | ($145.7m) | |
| Royalties (note 4(b)) | — | — | — | — | $40.0m | $111k | ($4.8m) | ($5.8m) | ($8.5m) | ($30.7m) | |
| EARNINGS FROM MINING OPERATIONS | $5.3b | $5.2b | $4.5b | $2.7m | $127.9m | $141.5m | $217.6m | $562.3m | |||
| EXPLORATION AND EVALUATION (note 5) | — | — | — | $15.0m | $16.3m | $15.1m | ($18.9m) | ($34.6m) | ($34.6m) | ($43.3m) | |
| Interest income | — | — | — | — | — | $341k | $2.2m | $5.4m | $10.8m | $8.3m | |
| Depreciation | — | — | — | $78k | $106k | $154k | ($277k) | ($504k) | ($407k) | ($542k) | |
| Share based payments (note 21) | — | — | — | $2.6m | $2.5m | $2.3m | ($2.4m) | ($3.2m) | ($4.8m) | ($9.5m) | |
| Fair value gain (loss) on financial instruments (note 13) | ($12.0m) | ($6.0m) | $0 | $0 | — | — | — | — | $3.1m | ($145.7m) | |
| Foreign exchange gain (loss) | $199.0m | $72.0m | $136.0m | $159k | $1.6m | $3.7m | $3.0m | ($1.4m) | $8.3m | ($8.5m) | |
| Other gains (losses) | — | — | — | — | — | — | — | ($1.5m) | ($5k) | ($357k) | |
| Income taxes (note 28) | ($917.0m) | ($1.2b) | ($1.2b) | ($1.8b) | $1.3b | ($1.3b) | ($32.6m) | ($34.6m) | ($87.3m) | ($154.2m) | |
| INCOME FOR THE YEAR | $861.0m | $1.5b | ($1.4b) | $22.2m | $27.7m | $26.3m | $45.8m | ($27.0m) | $89.0m | $106.9m | |
| Foreign currency translation | — | — | — | ($1.8m) | ($4.6m) | $547k | ($4.0m) | $1.1m | ($3.3m) | ($57k) | |
| Impairment charges (reversals) (notes 10 and 21) | ($250.0m) | ($212.0m) | $900.0m | ($1.4b) | ($269.0m) | ($63.0m) | $1.7b | $312.0m | ($457.0m) | $12.0m | |
| Closed mine rehabilitation (note 27b) | $130.0m | $55.0m | ($13.0m) | $5.0m | $90.0m | $18.0m | ($136.0m) | $16.0m | $59.0m | $8.0m | |
| Income from equity investees (note 16) | ($20.0m) | ($76.0m) | ($46.0m) | ($165.0m) | ($288.0m) | ($446.0m) | ($258.0m) | ($232.0m) | ($241.0m) | ($444.0m) | |
| Equity holders of Barrick Mining Corporation | $655.0m | $1.4b | ($1.5b) | $4.0b | $2.3b | $2.0b | $432.0m | $1.3b | $2.1b | $5.0b | |
| Profit (loss), attributable to non-controlling interests | $206.0m | $78.0m | $110.0m | $605.0m | $1.3b | $1.3b | $585.0m | $681.0m | $944.0m | $2.2b | |
| TOTAL COMPREHENSIVE INCOME | $20.4m | $23.1m | $26.8m | $41.7m | ($25.9m) | $85.6m | $105.9m | ||||
| INCOME BEFORE TAXES | $1.8b | $2.7b | ($237.0m) | $6.4b | $4.9b | ($26.3m) | $78.4m | $7.6m | $176.3m | $261.0m | |
| Income before finance items and income taxes | $2.6b | $3.4b | $308.0m | $6.8b | $5.3b | $5.0b | $2.0b | $3.0b | $4.8b | $9.0b | |
| Basic Earnings (Loss) Per Share | $0.56 | $1.23 | ($1.32) | $2.26 | $0.13 | $0.11 | $0.17 | ($0.09) | $0.28 | $0.33 | |
| Diluted Earnings (Loss) Per Share | $0.56 | $1.23 | ($1.32) | $0.12 | $0.13 | $0.11 | $0.16 | ($0.09) | $0.27 | $0.30 | |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (note 20) - Basic (in shares) | — | — | — | 182.6m | 217.1m | 241.4m | 272.2m | 311.5m | 318.7m | 328.9m | |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (note 20) - Diluted (in shares) | — | — | — | — | 217.1m | 241.4m | 292.8m | 311.5m | 333.9m | 351.9m | |
| General and Administrative Expense | — | — | — | $3.3m | $4.3m | $1.9m | $2.9m | $3.6m | $3.8m | $46.1m | |
| Selling, General and Administrative Expense | — | — | — | — | — | $7.2m | $10.9m | $13.4m | $16.9m | $46.1m | |
| GENERAL AND ADMINISTRATIVE EXPENSES (note 6) | $256.0m | $248.0m | $265.0m | $3.3m | $4.3m | $7.2m | ($10.9m) | ($13.4m) | ($16.9m) | ($46.1m) | |
| Administrative Expense | — | — | — | $529k | $643k | — | — | — | — | $5.2m | |
| Current Tax Expense (Income) | — | — | — | $0 | $0 | — | $22.5m | $22.4m | $53.0m | $123.8m | |
| Deferred Tax Expense (Income) | — | — | — | $0 | $0 | — | ($2.7m) | $2.5m | $15.7m | ($9.4m) | |
| Depreciation And Amortisation Expense | — | — | — | — | — | — | $15.0m | $28.6m | $40.7m | $145.7m | |
| Employee Benefits Expense | — | — | — | $2.0m | $2.2m | $2.9m | $5.5m | $6.7m | $8.0m | $10.4m | |
| Expense Relating To Leases Of Low-Value Assets For Which Recognition Exemption Has Been Used | — | — | — | — | — | $155k | $108k | $79k | $64k | $49k | |
| Expense Relating To Short-Term Leases For Which Recognition Exemption Has Been Used | — | — | — | — | — | $131k | $168k | $241k | $952k | $3.3m | |
| Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities | — | — | — | — | — | $4.6m | $15.6m | $12.9m | $18.4m | $21.5m | |
| Other Operating Income Expense | — | — | — | ($4.0m) | ($7.1m) | ($6.7m) | ($19.6m) | ($13.2m) | $10.1m | ($211.8m) | |
| Professional Fees Expense | — | — | — | $539k | $1.4m | $1.7m | $2.2m | $2.7m | $4.6m | $29.8m | |
| Interest and accretion expense (note 7) | — | — | — | — | — | ($1.6m) | ($8.9m) | ($11.8m) | ($6.9m) | ($55.5m) | |
| Other expenses (income) | $60.0m | ($799.0m) | $90.0m | $4.0m | $7.1m | $6.7m | ($19.6m) | ($13.2m) | $10.1m | ($211.8m) | |
| Exploration, evaluation and project expenses (notes 5 and 8) | $237.0m | $354.0m | $383.0m | $342.0m | $295.0m | $287.0m | $350.0m | $361.0m | $392.0m | $367.0m | |
| Finance costs, net (note 14) | ($775.0m) | ($691.0m) | ($545.0m) | ($469.0m) | ($347.0m) | ($355.0m) | ($301.0m) | ($170.0m) | ($232.0m) | ($227.0m) | |
| Interest Expense | — | — | — | — | — | — | $7.4m | $10.3m | $5.9m | $22.5m | |
| Interest Expense On Lease Liabilities | — | — | — | $4k | $7k | $32k | $87k | $156k | $160k | $529k | |
| Income Tax Expense Continuing Operations | — | — | — | $0 | $0 | — | $32.6m | $34.6m | $87.3m | $154.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.