FORTUNA MINING CORP. (FSM)
Fortuna Silver Mines Inc. specializes in the procurement, prospecting, and mining of precious and base metals. The company conducts its operations across five countries: Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. Its portfolio comprises several key properties, such as the Caylloma mine in southern Peru, which produces silver, lead, and zinc; the San Jose silver and gold mine located in southern Mexico; Argentina's Lindero gold project; the Yaramoko gold mine in southwestern Burkina Faso; and the Séguéla gold mine, also found in southwestern Côte d'Ivoire. Founded in 1990, the firm initially operated under the name Fortuna Ventures Inc., before officially changing to Fortuna Silver Mines Inc. in June 2005. The company's headquarters are located in Vancouver, Canada.
Sector: Gold and Silver Ores
Industry: Gold
Fortuna Mining Corp.
NYSE:FSMBasic Materials · Gold
-3.57%$9.18
AH Close$9.21+0.29%vs close
AH Close$9.21+0.29%vs close
Mkt Cap$2.72B
Float295.96M
O/S295.96M
Inst Own66.4%
SI6.7%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$960.06M
Net Income$302.13M
Total Assets$2.41B
Free Cash Flow$294.41M
Debt & Equity
Debt 14%
Equity 86%
Total Debt$266.5M
Total Equity$1.67B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in FSM's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.41B
Liabilities$682.72M
Accounts Receivable$74.23M
Accounts Payable$77.79M
Inventory$122.46M
PP&E (Net)$1.52B
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2005-09-30 | 2004-09-30 | 2003-09-30 | 2002-09-30 | 2001-09-30 | 2000-09-30 |
| Revenue | $960.06M | $1.06B | $842.43M | $681.49M | $599.85M | $278.97M | $257.19M | $263.3M | $268.11M | $210.25M | $154.73M | $174.01M | $137.39M | $161.02M | $110.1M | $74.06M | $51.43M | $21.64M | $31.98M | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | -9.6% | 26.1% | 23.6% | 13.6% | 115.0% | 8.5% | -2.3% | -1.8% | 27.5% | 35.9% | -11.1% | 26.6% | -14.7% | 46.2% | 48.7% | 44.0% | 137.6% | -32.3% | - | - | - | - | - | - | - |
| Cost of Revenue | $492.08M | $718.43M | $652.4M | $534.7M | $394.38M | $168.75M | $172.61M | $166.72M | $158.55M | $129.65M | $111.08M | $113.75M | $95.62M | $90.36M | $49.13M | $29.13M | $23.7M | $18.25M | $18.63M | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $467.98M | $343.61M | $190.03M | $146.8M | $205.48M | $110.22M | $84.58M | $96.57M | $109.56M | $80.61M | $43.65M | $60.25M | $41.77M | $70.66M | $60.97M | $44.93M | $27.73M | $3.39M | $13.35M | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | 48.7% | 32.4% | 22.6% | 21.5% | 34.3% | 39.5% | 32.9% | 36.7% | 40.9% | 38.3% | 28.2% | 34.6% | 30.4% | 43.9% | 55.4% | 60.7% | 53.9% | 15.7% | 41.7% | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $98.18M | $77.78M | $64.07M | $61.46M | $45.36M | $35.09M | $29.8M | $26.19M | $24.91M | $31.12M | $17.43M | $24.43M | $18.8M | $20.54M | $19.84M | $14.37M | $12.2M | $7.98M | $13.23M | $679K | $95K | $67K | $0 | $0 | $0 |
| Other | $0 | $37.78M | $126.36M | $198.89M | $23.24M | $17.9M | $20.58M | $1.43M | $1.26M | $839K | $668K | $797K | $1.4M | $2.01M | $1.23M | $0 | $64K | $0 | $12K | $3K | $0 | $0 | $32K | $46K | $47K |
| Total Operating Expenses | $98.18M | $115.56M | $190.43M | $260.35M | $68.6M | $52.98M | $50.39M | $27.62M | $26.17M | $31.96M | $18.1M | $25.23M | $20.2M | $21.66M | $21.07M | $14.37M | $12.27M | $7.98M | $13.24M | $682K | $95K | $67K | $32K | $46K | $47K |
| Operating Income (EBIT) | $369.8M | $228.05M | -$407K | -$113.55M | $136.88M | $57.24M | $34.19M | $61.59M | $110.33M | $48.54M | -$1.84M | $33.75M | -$9.63M | $45.17M | $38.06M | $30.11M | $14.38M | -$4.87M | $108K | -$682K | -$95K | -$67K | -$32K | -$46K | -$47K |
| Operating Margin | 38.5% | 21.5% | -0.0% | -16.7% | 22.8% | 20.5% | 13.3% | 23.4% | 41.1% | 23.1% | -1.2% | 19.4% | -7.0% | 28.1% | 34.6% | 40.7% | 28.0% | -22.5% | 0.3% | - | - | - | - | - | - |
| Interest Expense | $25.06M | $24.32M | $22.15M | $11.09M | $10.22M | $1.98M | $1.3M | $1.92M | $1.73M | $2.15M | $1.76M | $390K | $382K | $562K | $560K | $544K | $160K | $85K | $0 | -$521K | -$95K | -$67K | -$32K | -$46K | -$47K |
| Interest Income | $14.8M | $4.32M | $3.35M | $1.78M | $1.83M | $1.28M | $1.88M | $3.43M | $2.02M | $328K | $381K | $268K | $573K | $620K | $830K | $493K | $0 | $1.18M | $1.54M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $37.38M | -$15.84M | -$10.64M | -$11.56M | -$29.7M | $1.72M | $9.78M | $5.75M | -$5.38M | -$1.43M | -$1.38M | -$871K | -$341K | $108K | $270K | -$174K | -$8.07M | $6.28M | $1.29M | $161K | -$2K | -$9K | $0 | $0 | $0 |
| Income Before Tax (EBT) | $407.18M | $212.21M | -$11.05M | -$125.11M | $107.18M | $58.95M | $43.97M | $67.34M | $104.95M | $47.11M | -$3.22M | $32.88M | -$9.97M | $45.23M | $38.34M | $26.98M | $6.31M | $597K | $1.39M | -$521K | -$97K | -$77K | -$32K | -$46K | -$47K |
| Income Tax Expense | $113.35M | $70.3M | $32.58M | $10.8M | $47.78M | $37.4M | $20.18M | $33.35M | $38.65M | $29.25M | $7.39M | $17.28M | $9.13M | $13.76M | $18.8M | $14.02M | $5.87M | $1.48M | $4.3M | $521K | $97K | $0 | $0 | $0 | $0 |
| Net Income | $302.13M | $128.74M | -$50.84M | -$128.13M | $57.88M | $21.55M | $23.8M | $33.99M | $66.31M | $17.86M | -$10.61M | $15.6M | -$19.1M | $31.46M | $19.53M | $12.96M | $623K | -$792K | -$2.82M | -$521K | -$97K | -$77K | -$32K | -$46K | -$47K |
| Net Income Margin | 31.5% | 12.1% | -6.0% | -18.8% | 9.6% | 7.7% | 9.3% | 12.9% | 24.7% | 8.5% | -6.9% | 9.0% | -13.9% | 19.5% | 17.7% | 17.5% | 1.2% | -3.7% | -8.8% | - | - | - | - | - | - |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | 0.98 | 0.42 | -0.17 | -0.47 | 0.24 | 0.13 | 0.15 | 0.21 | 0.42 | 0.13 | -0.08 | 0.12 | -0.15 | 0.25 | 0.16 | 0.15 | 0.01 | -0.01 | -0.04 | -0.07 | -0.05 | -0.04 | -0.02 | -0.03 | -0.03 |
| Diluted EPS | 0.90 | 0.41 | -0.17 | -0.47 | 0.23 | 0.12 | 0.15 | 0.21 | 0.42 | 0.13 | -0.08 | 0.12 | -0.15 | 0.25 | 0.16 | 0.14 | 0.01 | -0.01 | -0.04 | -0.07 | -0.05 | -0.04 | -0.02 | -0.03 | -0.03 |
| Weighted Average OS | 306.86M | 308.88M | 295.07M | 291.28M | 238.00M | 174.99M | 160.19M | 159.78M | 158.04M | 136.89M | 129.00M | 126.79M | 125.55M | 123.58M | 123.30M | 108.12M | 91.80M | 84.40M | 71.60M | 7.19M | 2.08M | 1.83M | 1.62M | 1.61M | 1.63M |
| EBITDA | $628.84M | $411.78M | $230.79M | $59.05M | $242.05M | $106.62M | $93.09M | $112.54M | $152.04M | $81.95M | $22.53M | $56.76M | $10.8M | $67.18M | $47.74M | $35.01M | $13.01M | $5.17M | $5.8M | -$519K | -$94K | -$144K | -$32K | -$46K | -$47K |
| EBITDA Margin | 65.5% | 38.8% | 27.4% | 8.7% | 40.4% | 38.2% | 36.2% | 42.7% | 56.7% | 39.0% | 14.6% | 32.6% | 7.9% | 41.7% | 43.4% | 47.3% | 25.3% | 23.9% | 18.1% | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-09-30 | 2004-09-30 | 2003-09-30 | 2002-09-30 | 2001-09-30 | 2000-09-30 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $552.98M | $231.33M | $128.15M | $80.49M | $107.1M | $131.9M | $83.4M | $90.5M | $183.07M | $82.48M | $72.22M | $42.87M | $31.7M | $58.72M | $38.73M | $70.3M | $30.76M | $29.59M | $47.7M | $1.41M | $5.03M | $314K | $1K | $510 | $3K | $2K |
| Short-Term Investments | $6.75M | $0 | $0 | $0 | $416K | $1.06M | $0 | $72.82M | $30.06M | $42.68M | $36.03M | $34.39M | $17.41M | $6.02M | $17M | $20.51M | $6.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $559.72M | $231.33M | $128.15M | $80.49M | $107.51M | $132.96M | $83.4M | $163.33M | $213.13M | $125.16M | $108.25M | $77.26M | $49.12M | $64.74M | $55.73M | $90.81M | $36.8M | $29.59M | $47.7M | $1.41M | $5.03M | $314K | $1K | $510 | $3K | $2K |
| Accounts Receivable | $74.23M | $104.14M | $74.64M | $23.98M | $78.2M | $76.56M | $50.26M | $31.31M | $35.5M | $24.28M | $7.85M | $20.34M | $14.17M | $27.04M | $19.2M | $16.09M | $8.92M | $5.13M | $7.13M | $1.58M | $34K | $6K | $9K | $3K | $719 | $710 |
| Inventory | $122.46M | $134.5M | $115.83M | $92.03M | $85.82M | $35.27M | $14.97M | $14.39M | $17.75M | $13.57M | $10.43M | $14.94M | $15.49M | $12.86M | $11.29M | $4.03M | $2.33M | $1.74M | $1.71M | $709K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $124K | $339K | $106K | $45.03M | $1.49M | $659K | $1.07M | $8.52M | $3.95M | $2.85M | $0 | $4.01M | $7.24M | $51K | $70K | -$16K | $0 | $1.42M | $1.41M | $1.87M | $36K | $6K | $0 | $0 | $0 | $0 |
| Total Current Assets | $763.14M | $486.24M | $333.32M | $252.71M | $281.08M | $248.07M | $152.64M | $218.92M | $272.45M | $166.91M | $128.04M | $114.37M | $83.22M | $105.95M | $87.48M | $111.84M | $48.36M | $39.78M | $58.09M | $5.62M | $5.1M | $327K | $10K | $4K | $4K | $2K |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.52B | $1.54B | $1.57B | $1.57B | $1.71B | $791.13M | $729.17M | $505M | $430.28M | $394.4M | $242.4M | $233.85M | $216.96M | $207.5M | $181.83M | $126.81M | $91.36M | $72.92M | $66.65M | $44.53M | $15.66M | $70K | $6K | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $1.33M | $4.28M | $2.69M | $119K | $28K | $0 | $0 | $0 | $0 | $0 | $16K | $3.11M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $58.54M | $0 | $0 | $0 | $22K | $0 | $0 | $0 | $0 | $471K | $492K | $126K | $151K | $113K | $36K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $77.29M | $90.1M | $60.33M | $55.89M | $28.46M | $16.14M | $52.91M | $58.32M | $1.22M | $1.13M | $8.72M | $1.96M | $1.88M | $2.69M | $2.26M | $4.53M | $0 | $114K | $917K | -$50.15M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $1.65B | $1.63B | $1.63B | $1.62B | $1.74B | $807.27M | $783.42M | $567.6M | $434.19M | $396M | $251.61M | $235.94M | $218.99M | $210.31M | $184.13M | $131.35M | $91.38M | $76.14M | $67.57M | -$5.62M | $15.66M | $70K | $6K | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.41B | $2.12B | $1.97B | $1.88B | $2.02B | $1.06B | $936.07M | $786.52M | $706.65M | $562.91M | $379.65M | $350.31M | $302.21M | $316.26M | $271.61M | $243.18M | $139.74M | $115.92M | $125.66M | $0 | $20.76M | $397K | $16K | $4K | $4K | $2K |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $77.79M | $91.18M | $100.39M | $72.57M | $82.53M | $31.57M | $40.97M | $14.1M | $13.72M | $15.25M | $18.18M | $10.11M | $9.93M | $11.11M | $8.8M | $3.97M | $2.58M | $38K | $5.97M | $0 | $749K | $54K | $356K | $317K | $57K | $60K |
| Short-Term Debt | $21.16M | $0 | $43.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.92M | $4.53M | $0 | $105K | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $80.12M | $31.78M | $0 | $20.56M | $23.81M | $12.62M | $8.36M | $15.52M | $16.31M | $3.6M | $9.74M | $50K | $200K | $3.92M | $4.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33.49M | $43.79M | $40.48M | $14.85M | $0 | $0 | $0 | $4.82M | $9.57M | $8.08M | $4.76M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $47.56M | $4.51M | $5.15M | $21.83M | $4.96M | $257K | $4.15M | $24.99M | $19.32M | $17.69M | $6.44M | $4.17M | $2.4M | $2.51M | $1.55M | $260K | $3.1M | $937K | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $255.91M | $256.03M | $243.77M | $135.08M | $166.77M | $96.44M | $89.77M | $61.33M | $60.6M | $58.11M | $34.15M | $32.02M | $16.82M | $18.51M | $23.57M | $14.75M | $12.22M | $5.56M | $6.43M | $6.86M | $5.29M | $54K | $460K | $317K | $288K | $252 |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $189.75M | $126.03M | $162.95M | $219.18M | $157.49M | $158.62M | $146.53M | $69.3M | $39.87M | $39.77M | $39.49M | $0 | $0 | -$11.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$78.5M | $12.58M | $13.96M | $15.06M | $0 | $12.12M | $11.97M | $3.19M | -$12.45M | -$11.34M | $1.07M | $0 | -$12.66M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $178.63M | $144.27M | $159.85M | $0 | $191.67M | $19.5M | $20.91M | $31.44M | $28.66M | $25.34M | $25.18M | $29.03M | $25.28M | $21.04M | $12.71M | $14.33M | $10.97M | $9.46M | $8.15M | $4.21M | $1.04M | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $2.85M | $74.92M | $70.71M | $221.34M | $57.54M | $42.49M | $28.37M | $47.71M | $30.01M | $1.68M | $25.67M | $16.55M | $340K | $19K | $3.69M | $13.48M | $2.53M | $1.12M | $1.97M | $1.52M | $1.36M | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $426.81M | $393.43M | $435.97M | $452.45M | $425.58M | $233.13M | $210.87M | $122.39M | $82.46M | $81.65M | $81.33M | $45.58M | $37.74M | $33.26M | $19.72M | $22.42M | $14.96M | $11.91M | $10.52M | -$6.86M | $2.4M | $54K | $460K | $317K | $57K | $60K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$35.35M | $0 | -$54K | -$460K | -$317K | -$57K | -$60K |
| Total Liabilities | $682.72M | $649.46M | $679.74M | $587.53M | $592.35M | $329.57M | $300.64M | $183.71M | $143.06M | $139.76M | $115.49M | $77.6M | $54.55M | $51.77M | $43.3M | $37.17M | $27.18M | $17.48M | $16.95M | -$35.35M | $7.69M | $54K | $460K | $317K | $288K | $252K |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.12B | $1.13B | $1.13B | $1.08B | $1.08B | $492.31M | $422.14M | $420.47M | $418.17M | $343.96M | $203.95M | $201.06M | $189.09M | $187.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.6M | $1.61M | $1.69M |
| Retained Earnings | $487.24M | $216.38M | $87.65M | $138.49M | $266.62M | $208.74M | $187.19M | $163.39M | $129.4M | $63.1M | $45.24M | $55.85M | $40.24M | $59.34M | $27.88M | $3.6M | -$9.36M | -$9.84M | -$11.12M | -$7.05M | -$3.33M | -$2.59M | -$2.32M | -$1.92M | -$1.9M | -$1.94M |
| Comprehensive Income & Other | $63.58M | $20.72M | $20.52M | $29.93M | $23.96M | $24.72M | $26.09M | $18.95M | $16.02M | $16.09M | $14.98M | $15.81M | $18.32M | $17.34M | $3.4M | $10.89M | $2.9M | -$518K | $145K | $0 | $5.95M | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $63.58M | $57.77M | $25.34M | $29.93M | $28.79M | $24.72M | $26.09M | $18.95M | $16.02M | $16.09M | $14.98M | $15.81M | $18.32M | $17.34M | $200.43M | $202.41M | $121.91M | $99.23M | $113.17M | $42.4M | $16.41M | $2.93M | $1.88M | $0 | $1 | $0 |
| Total Equity | $1.67B | $1.4B | $1.24B | $1.24B | $1.38B | $725.77M | $635.43M | $602.8M | $563.58M | $423.15M | $264.17M | $272.71M | $247.66M | $264.49M | $228.31M | $206.01M | $112.56M | $89.39M | $102.05M | $35.35M | $13.08M | $343K | -$445K | -$313K | -$284K | -$249K |
| Minority Interest | $58.18M | $62.21M | $49.75M | $43.94M | $54.42M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.05M | $6.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.36B | $2.05B | $1.92B | $1.83B | $1.97B | $1.06B | $936.07M | $786.52M | $706.65M | $562.91M | $379.65M | $350.31M | $302.21M | $316.26M | $271.61M | $243.18M | $139.74M | $106.87M | $119.01M | -$1 | $20.76M | $397K | $16K | $4K | $4K | $2K |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $266.5M | $194.01M | $264.25M | $240.52M | $186.89M | $178.11M | $170.41M | $78.07M | $40.78M | $42.8M | $41.37M | $0 | $227K | $676K | $4.28M | $4.25M | $2.49M | $1.41M | $881K | $5.04M | $4.53M | $0 | $105K | $0 | $0 | $0 |
| Net Debt | -$286.48M | -$37.32M | $136.1M | $160.03M | $79.8M | $46.22M | $87.01M | -$12.44M | -$142.3M | -$39.68M | -$30.85M | -$42.87M | -$31.48M | -$58.04M | -$34.45M | -$66.05M | -$28.27M | -$28.19M | -$46.82M | $3.63M | -$498K | -$314K | $104K | -$510 | -$3K | -$2K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2005-09-30 | 2004-09-30 | 2003-09-30 | 2002-09-30 | 2001-09-30 | 2000-09-30 |
| Operating Activities | |||||||||||||||||||||||||
| Net Income | $269.82M | $128.74M | -$51.77M | -$135.91M | $59.4M | $21.55M | $23.8M | $33.99M | $66.31M | $17.86M | -$10.61M | $15.6M | -$19.1M | $31.46M | $19.53M | $12.96M | $623K | -$792K | -$2.82M | -$521K | -$97K | -$77K | -$32K | -$46K | -$47K |
| Depreciation & Amortization | $196.6M | $175.52M | $219.69M | $172.81M | $122.27M | $45.41M | $47.68M | $43.28M | $44.76M | $33.28M | $23.99M | $23.13M | $20.21M | $21.69M | $9.15M | $6.79M | $6.54M | $4.38M | $5.7M | $3K | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | -$13.94M | -$24.91M | -$10.24M | $10.8M | $47.78M | $37.4M | $20.18M | $33.35M | $38.65M | $29.25M | $7.39M | $17.28M | $9.13M | $13.76M | $18.8M | $3.08M | $794K | $1.48M | $3.75M | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $11.69M | $0 | -$1K | -$3.08M | $12.28M | $4.57M | -$2.05M | -$36K | $468K | $761K | $5.59M | $3.22M | $1.7M | $3.68M | -$416K | $2.71M | $1.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||
| Accounts Receivable | -$10.18M | -$46.37M | -$17.42M | $7.32M | -$16.75M | $10.26M | -$14.31M | $3.64M | -$11.78M | -$18.52M | $13.23M | -$4.52M | $8.54M | -$6.97M | -$3.08M | -$4.91M | -$5.07M | $222K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$11.79M | -$24.45M | -$21.41M | -$20.41M | -$23.82M | -$25.66M | -$1.04M | $1.79M | -$4.74M | -$2.92M | $3.32M | $282K | -$2.65M | -$1.57M | -$7.27M | -$1.54M | -$313K | -$358K | -$806K | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $20.28M | -$4.11M | $32.22M | $0 | $3.52M | $6.12M | $3.02M | $696K | $542K | $4.86M | $8.11M | $4.91M | -$1.34M | $718K | $6.83M | $0 | $3.16M | -$150K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $1.67M | $2.52M | -$3.3M | -$4.92M | -$2.27M | $161K | $1.62M | -$1.18M | -$1.69M | $6.98M | -$481K | -$230K | -$506K | -$555K | -$67K | $5.36M | $4K | $27K | $2.36M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$15K | -$72.48M | -$9.92M | -$18.02M | -$39.31M | -$9.12M | -$10.7M | $4.95M | -$17.68M | -$9.6M | $24.18M | $441K | $4.04M | -$8.38M | -$3.6M | -$1.08M | -$2.22M | -$259K | $1.55M | $633K | $76K | $68K | $22K | $40K | $39K |
| Other Non-Cash Items | $23.06M | $147.13M | $154.59M | $164.57M | -$39.92M | -$14.14M | -$22.51M | -$30.06M | -$61.8M | -$18.56M | $9.05M | -$1.85M | $27.45M | -$6.39M | -$12.07M | -$215K | $5.25M | $1.29M | $7.21M | $107K | -$0 | -$0 | -$0 | -$0 | $0 |
| Net Cash from Operating | $475.53M | $365.68M | $302.35M | $194.25M | $147.14M | $93.39M | $63.01M | $83.45M | $70.2M | $52.7M | $54.77M | $60.19M | $44.95M | $53.85M | $35.51M | $21.11M | $13.69M | $7.27M | $13.37M | $222K | -$20K | -$8K | -$9K | -$6K | -$8K |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | -$181.12M | -$203.78M | -$221.3M | -$251.24M | -$152.29M | -$93.03M | -$224.13M | -$97.9M | -$47.06M | -$40.23M | -$57.13M | -$38.94M | -$60.51M | -$44.84M | -$76.68M | -$36.41M | -$14.12M | -$22.81M | -$16.47M | -$1.26M | -$63K | -$6K | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | -$13.57M | $0 | $40.29M | $0 | -$6M | -$1.15M | $49K | -$4.88M | $13K | $67K | $49K | $116K | $41K | $0 | $2.94M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$25.35M | -$34.13M | -$9.53M | $0 | $0 | -$17.84M | -$45.15M | -$237.79M | -$152.91M | -$48.08M | -$95.45M | -$65.66M | -$27.24M | -$6M | -$49.67M | -$13.86M | -$6.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $23.24M | $43.38M | $22.15M | $0 | $14K | $10.57M | $128.32M | $191.63M | $160.64M | $41.84M | $92.93M | $47.64M | $15.18M | $17M | $53.41M | $0 | $489K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $91.52M | $88K | $1.38M | -$4.1M | -$6.51M | -$13.35M | $1.75M | -$59.85M | $47K | $10K | -$6.75M | -$68K | $862K | $677K | $3.04M | -$7.12M | -$66K | $18K | -$1M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$91.71M | -$194.44M | -$220.86M | -$255.33M | -$118.5M | -$113.65M | -$145.21M | -$205.05M | -$39.29M | -$51.33M | -$66.39M | -$56.96M | -$71.66M | -$33.05M | -$69.86M | -$57.39M | -$16.98M | -$22.79M | -$17.47M | -$1.26M | -$63K | -$6K | $0 | $0 | $0 |
| Financing Activities | |||||||||||||||||||||||||
| Debt Repaid | $109K | $22.84M | $15.28M | $12.21M | $35.01M | -$2.25M | -$77.61M | -$29.09M | $2.13M | $1.22M | -$39.32M | $227K | $449K | $1.64M | $1.18M | $1.19M | $976K | $351K | $134K | $3.13M | - | -$15K | - | - | - |
| Common Stock Issuance | $0 | $0 | $307K | $0 | $313K | $70.01M | $0 | $959K | $76.69M | $10.03M | $2.03M | $8.46M | $707K | $738K | $3.66M | $74.92M | $1.02M | $7.59M | $56.07M | $8.86M | $396K | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$10.45M | -$34.13M | $0 | -$5.93M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$51.11M | -$9.17M | -$18.35M | -$3.4M | -$7.52M | -$3.36M | -$2.49M | -$1.34M | -$5.02M | $0 | $0 | $0 | $0 | $0 | $0 | -$44K | $0 | $0 | -$190K | $8K | $0 | $0 | $6K | $8K | $8K |
| Net Cash from Financing | -$61.67M | -$66.14M | -$33.32M | $38.47M | -$51.42M | $68.91M | $75.13M | $28.71M | $69.54M | $8.81M | $41.34M | $8.23M | $258K | -$906K | $2.48M | $73.69M | $49K | $6.3M | $50.15M | $5.73M | $396K | $15K | $6K | $8K | $8K |
| Forex Effect | -$367K | -$1.92M | -$1.14M | -$3.99M | -$2.02M | -$148K | -$15K | $313K | $137K | $89K | -$370K | -$300K | -$569K | $92K | $303K | $2.13M | $4.55M | $0 | -$0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $321.79M | $103.18M | $47.04M | -$26.6M | -$24.8M | $48.49M | -$7.1M | -$92.57M | $100.59M | $10.27M | $29.35M | $11.16M | -$27.02M | $19.99M | -$31.57M | $39.53M | $1.31M | -$9.22M | $46.05M | $4.69M | $313K | $420 | -$3K | $2K | $85 |
| Supplementary Data | |||||||||||||||||||||||||
| Operating Cash Flow | $475.53M | $365.68M | $302.35M | $194.25M | $147.14M | $93.39M | $63.01M | $83.45M | $70.2M | $52.7M | $54.77M | $60.19M | $44.95M | $53.85M | $35.51M | $21.11M | $13.69M | $7.27M | $13.37M | $222K | -$20K | -$8K | -$9K | -$6K | -$8K |
| Capital Expenditure | -$181.12M | -$203.78M | -$221.3M | -$251.24M | -$152.29M | -$93.03M | -$224.13M | -$97.9M | -$47.06M | -$40.23M | -$57.13M | -$38.94M | -$60.51M | -$44.84M | -$76.68M | -$36.41M | -$14.12M | -$22.81M | -$16.47M | -$1.26M | -$63K | -$6K | $0 | $0 | $0 |
| Free Cash Flow | $294.41M | $161.9M | $81.05M | -$56.99M | -$5.15M | $352K | -$161.13M | -$14.44M | $23.14M | $12.47M | -$2.36M | $21.25M | -$15.55M | $9.01M | -$41.17M | -$15.3M | -$435K | -$15.54M | -$3.1M | -$1.04M | -$83K | -$14K | -$9K | -$6K | -$8K |
| Cash at Beginning | $231.19M | $128.15M | $80.46M | $107.1M | $131.9M | $83.4M | $90.5M | $183.07M | $82.48M | $72.22M | $42.87M | $31.7M | $58.72M | $38.73M | $70.3M | $30.76M | $29.45M | $38.82M | $1.66M | $341K | $1K | $599 | $3K | $1K | $1K |
| Cash at End | $552.98M | $231.33M | $127.49M | $80.49M | $107.1M | $131.9M | $83.4M | $90.5M | $183.07M | $82.48M | $72.22M | $42.87M | $31.7M | $58.72M | $38.73M | $70.3M | $30.76M | $29.59M | $47.7M | $5.03M | $314K | $1K | $510 | $3K | $2K |