Namib Minerals Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	80.35	85.88	65.06
Revenue Growth (YoY)	9.52%	32.00%	-
Cost of Revenue	42.13	42.95	39.9
Gross Profit	38.22	42.93	25.16
Selling, General & Admin	27.52	20.1	8.99
Other Operating Expenses	-0.41	-0.26	-2.67
Operating Expenses	32.24	24	10.31
Operating Income	5.98	18.93	14.85
Interest Expense	-1.35	-1.25	-1.51
Interest & Investment Income	0.02	0.01	0.11
Currency Exchange Gain (Loss)	0.31	1.02	1.46
Other Non Operating Income (Expenses)	2.34	1.32	-6.33
EBT Excluding Unusual Items	7.3	20.03	8.59
Gain (Loss) on Sale of Investments	-	-	-0.04
Asset Writedown	-5.91	-5.72	-
Pretax Income	-7.34	14.5	8.88
Income Tax Expense	10.15	10.91	5.25
Net Income	-17.49	3.59	3.63
Net Income to Common	-17.49	3.59	3.63
Net Income Growth	-	-1.07%	-
Free Cash Flow	1.62	9.14	8.38
Gross Margin	47.57%	49.99%	38.67%
Operating Margin	7.44%	22.05%	22.83%
Profit Margin	-21.76%	4.18%	5.58%
Free Cash Flow Margin	2.01%	10.64%	12.88%
EBITDA	11.11	23.07	17.56
EBITDA Margin	13.82%	26.87%	26.99%
D&A For EBITDA	5.13	4.14	2.71
EBIT	5.98	18.93	14.85
EBIT Margin	7.44%	22.05%	22.83%
Effective Tax Rate	-	75.25%	59.16%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q