Fortuna Historical Income Statement

FVI Stock  CAD 8.76  0.18  2.01%   
Historical analysis of Fortuna Silver income statement accounts such as EBIT of 25 M or Ebitda of 278.7 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 Investing Opportunities 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 Selling General Administrative is very stable compared to the past year. As of the 29th of March 2025, Depreciation And Amortization is likely to grow to about 265.3 M, though Operating Income is likely to grow to (444.6 K).

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.

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 Investing Opportunities 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 Selling General Administrative is very stable compared to the past year. As of the 29th of March 2025, Depreciation And Amortization is likely to grow to about 265.3 M, though Operating Income is likely to grow to (444.6 K).
 2022 2023 2024 2025 (projected)
Gross Profit146.8M190.0M218.5M229.5M
Total Revenue681.5M842.4M968.8M1.0B

Fortuna Silver income statement Correlations

0.99-0.16-0.150.840.95-0.560.510.940.99-0.38-0.630.990.920.99-0.42-0.560.490.26-0.960.99
0.99-0.17-0.190.820.96-0.590.510.971.0-0.41-0.540.990.921.0-0.44-0.60.480.34-0.930.99
-0.16-0.170.50.18-0.360.390.44-0.02-0.140.47-0.37-0.060.18-0.120.41-0.450.440.260.16-0.22
-0.15-0.190.50.4-0.160.890.65-0.18-0.210.97-0.18-0.140.13-0.210.91-0.20.61-0.20.22-0.26
0.840.820.180.40.79-0.040.860.80.810.17-0.650.850.950.810.11-0.70.820.22-0.750.77
0.950.96-0.36-0.160.79-0.50.490.90.95-0.34-0.40.930.840.94-0.38-0.480.440.22-0.880.95
-0.56-0.590.390.89-0.04-0.50.28-0.58-0.610.970.19-0.55-0.32-0.60.940.130.25-0.30.61-0.64
0.510.510.440.650.860.490.280.580.50.5-0.470.570.760.510.44-0.750.950.16-0.390.42
0.940.97-0.02-0.180.80.9-0.580.580.97-0.38-0.550.980.940.97-0.43-0.680.530.39-0.890.94
0.991.0-0.14-0.210.810.95-0.610.50.97-0.43-0.571.00.921.0-0.46-0.610.480.36-0.940.99
-0.38-0.410.470.970.17-0.340.970.5-0.38-0.430.04-0.36-0.1-0.430.96-0.070.46-0.240.45-0.48
-0.63-0.54-0.37-0.18-0.65-0.40.19-0.47-0.55-0.570.04-0.61-0.69-0.580.10.33-0.470.110.72-0.57
0.990.99-0.06-0.140.850.93-0.550.570.981.0-0.36-0.610.951.0-0.4-0.660.540.37-0.930.98
0.920.920.180.130.950.84-0.320.760.940.92-0.1-0.690.950.93-0.17-0.750.720.33-0.860.88
0.991.0-0.12-0.210.810.94-0.60.510.971.0-0.43-0.581.00.93-0.46-0.620.490.37-0.940.99
-0.42-0.440.410.910.11-0.380.940.44-0.43-0.460.960.1-0.4-0.17-0.46-0.070.44-0.190.51-0.52
-0.56-0.6-0.45-0.2-0.7-0.480.13-0.75-0.68-0.61-0.070.33-0.66-0.75-0.62-0.07-0.82-0.680.45-0.52
0.490.480.440.610.820.440.250.950.530.480.46-0.470.540.720.490.44-0.820.21-0.380.4
0.260.340.26-0.20.220.22-0.30.160.390.36-0.240.110.370.330.37-0.19-0.680.21-0.140.29
-0.96-0.930.160.22-0.75-0.880.61-0.39-0.89-0.940.450.72-0.93-0.86-0.940.510.45-0.38-0.14-0.96
0.990.99-0.22-0.260.770.95-0.640.420.940.99-0.48-0.570.980.880.99-0.52-0.520.40.29-0.96
Click cells to compare fundamentals

Fortuna Silver Account Relationship Matchups

Fortuna Silver income statement Accounts

202020212022202320242025 (projected)
Interest Expense2.3M14.0M13.7M22.2M25.5M26.7M
Other Operating Expenses204.7M441.4M597.4M842.8M969.3M1.0B
Operating Income57.2M136.9M85.7M(407K)(468.1K)(444.6K)
Ebit61.2M155.5M(113.8M)11.1M12.8M25.0M
Ebitda106.6M277.8M59.1M230.8M265.4M278.7M
Total Operating Expenses36.0M47.0M62.7M190.4M219.0M229.9M
Net Income21.6M57.9M(135.9M)(50.8M)(45.8M)(43.5M)
Income Tax Expense37.4M47.8M10.8M32.6M37.5M39.3M
Selling General Administrative35.1M45.4M61.5M64.1M73.7M77.4M
Depreciation And Amortization45.4M122.3M172.8M219.7M252.6M265.3M
Income Before Tax59.0M107.2M(125.1M)(11.1M)(12.7M)(12.1M)
Total Other Income Expense Net1.7M(29.7M)(11.6M)(10.6M)(9.6M)(9.1M)
Total Revenue279.0M599.9M681.5M842.4M968.8M1.0B
Gross Profit110.2M205.5M146.8M190.0M218.5M229.5M
Cost Of Revenue168.7M394.4M534.7M652.4M750.3M787.8M
Net Income From Continuing Ops21.6M59.4M(135.9M)(43.6M)(39.3M)(37.3M)
Net Income Applicable To Common Shares23.8M21.6M57.9M(128.1M)(115.3M)(109.6M)
Tax Provision37.4M47.8M10.8M32.6M37.5M31.5M
Interest Income1.2M1.8M9M3.7M4.2M5.0M
Net Interest Income(1.4M)(12.3M)(12.1M)(18.8M)(16.9M)(16.1M)
Reconciled Depreciation45.4M122.3M172.8M219.7M252.6M265.3M
When determining whether Fortuna Silver Mines is a strong investment it is important to analyze Fortuna Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortuna Silver's future performance. For an informed investment choice regarding Fortuna Stock, refer to the following important reports:
Check out Investing Opportunities 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.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Please note, there is a significant difference between Fortuna Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortuna Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortuna Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.