Fortuna Historical Income Statement

0QYM Stock   8.48  0.21  2.42%   
Historical analysis of Fortuna Silver income statement accounts such as Other Operating Expenses of 875.7 M, Operating Income of 239.4 M or Ebitda of 498 M can show how well Fortuna Silver Mines performed in making a profits. Evaluating Fortuna Silver income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Fortuna Silver's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Fortuna Silver Mines latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fortuna Silver Mines is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fortuna Silver Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Fortuna Income Statement Analysis

Fortuna Silver Mines Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Fortuna Silver shareholders. The income statement also shows Fortuna investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Fortuna Silver Income Statement Chart

At this time, Fortuna Silver's Depreciation And Amortization is comparatively stable compared to the past year. EBIT is likely to gain to about 248.1 M in 2025, whereas Tax Provision is likely to drop slightly above 25.4 M in 2025.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Fortuna Silver Mines. It is also known as Fortuna Silver overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Fortuna Silver Mines operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fortuna Silver Mines is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Fortuna Silver's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Fortuna Silver Mines current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fortuna Silver Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Fortuna Silver's Depreciation And Amortization is comparatively stable compared to the past year. EBIT is likely to gain to about 248.1 M in 2025, whereas Tax Provision is likely to drop slightly above 25.4 M in 2025.
 2022 2023 2024 2025 (projected)
Other Operating Expenses597.4M842.8M834.0M875.7M
Interest Expense13.7M22.2M25.5M26.7M

Fortuna Silver income statement Correlations

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0.230.260.090.110.25-0.12-0.220.190.26-0.06-0.210.230.170.250.24-0.23-0.26
0.180.250.360.320.180.310.270.370.250.31-0.20.270.30.260.27-0.230.68
0.480.550.240.390.570.110.010.290.530.15-0.430.510.430.530.54-0.260.68
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Fortuna Silver Account Relationship Matchups

Fortuna Silver income statement Accounts

202020212022202320242025 (projected)
Interest Expense2.3M14.0M13.7M22.2M25.5M26.7M
Other Operating Expenses204.7M441.4M597.4M842.8M834.0M875.7M
Operating Income57.2M136.9M85.7M(407K)228.0M239.4M
Ebitda106.6M277.8M59.2M230.8M474.3M498.0M
Total Operating Expenses36.0M47.0M62.7M190.4M115.6M121.3M
Income Before Tax59.0M107.2M(125.1M)(11.1M)212.2M222.8M
Net Income21.6M57.9M(135.9M)(50.8M)128.7M135.2M
Income Tax Expense37.4M47.8M10.8M32.6M70.3M73.8M
Depreciation And Amortization48.6M125.0M168.2M219.7M238.0M249.9M
Ebit58.0M152.8M(109.1M)11.1M236.3M248.1M
Total Other Income Expense Net1.7M(29.7M)(11.6M)(10.6M)(15.8M)(15.0M)
Total Revenue279.0M599.9M681.5M842.4M1.1B1.1B
Gross Profit110.2M205.5M146.8M190.0M343.6M360.8M
Cost Of Revenue168.7M394.4M534.7M652.4M718.4M754.4M
Selling General Administrative35.1M45.4M61.5M64.1M76.1M79.9M
Net Income Applicable To Common Shares23.8M21.6M57.9M(128.1M)(115.3M)(109.6M)
Selling And Marketing Expenses1.5M1.3M1.7M2.3M1.7M2.0M

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