Ero Copper (ERO)
Operates Brazilian copper mines and an underground gold mine.
$36.36
vs last close−0.93 (−2.49%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 116 | 106 | 117 | 125 | 123 | 125 | 164 | 177 | 325 | 260 | 284 |
| Cost of revenue | 70 | 75 | 75 | 74 | 71 | 70 | 70 | 96 | 119 | 159 | 156 | 163 |
| Gross profit | 35 | 42 | 31 | 43 | 54 | 52 | 56 | 67 | 58 | 166 | 103 | 121 |
| 35 | 13 | 19 | 29 | 20 | 0 | 13 | 19 | 20 | 23 | 13 | 14 | |
| 13 | 12 | 18 | 17 | 17 | 6 | 12 | 19 | 19 | 23 | 13 | 13 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 0 | 0 | 0 |
| General & administrative | 13 | 12 | 18 | 17 | 17 | 6 | 12 | 19 | 13 | 0 | 0 | 13 |
| Other expenses | 23 | 1 | 1 | 11 | 3 | −5 | 1 | 0 | 1 | 0 | 0 | 1 |
| Operating income | 0 | 29 | 12 | 15 | 34 | 52 | 42 | 48 | 38 | 143 | 90 | 107 |
| 2 | 17 | −21 | −76 | 16 | −107 | 53 | 36 | 11 | −39 | 35 | 3 | |
| Interest income | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 2 | 1 | 1 |
| Interest expense | 6 | 4 | 3 | 0 | 0 | 0 | 3 | 1 | 8 | 9 | 8 | 5 |
| Other non-operating income | −5 | −18 | 21 | 76 | −16 | 106 | −54 | −37 | −20 | 31 | −43 | −8 |
| Income before tax | 2 | 45 | −9 | −62 | 50 | −55 | 95 | 84 | 49 | 104 | 125 | 110 |
| Income tax expense | −1 | 8 | −2 | −8 | 8 | −6 | 15 | 13 | 13 | 24 | 18 | 19 |
| Net income from continuing operations | 3 | 37 | −7 | −53 | 41 | −49 | 81 | 71 | 37 | 80 | 108 | 91 |
| Other adjustments | 0 | −2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 3 | 36 | −7 | −53 | 41 | −49 | 80 | 71 | 36 | 78 | 107 | 90 |
| EPS, basic | $0.03 | $0.36 | −$0.07 | −$0.52 | $0.40 | −$0.47 | $0.77 | $0.68 | $0.34 | $0.75 | $1.03 | $0.86 |
| EPS, diluted | $0.03 | $0.36 | −$0.07 | −$0.52 | $0.39 | −$0.47 | $0.77 | $0.68 | $0.34 | $0.75 | $1.02 | $0.85 |
| Weighted average shares, basic | 93 | 98 | 103 | 103 | 103 | 103 | 104 | 104 | 104 | 104 | 104 | 104 |
| Weighted average shares, diluted | 94 | 99 | 103 | 103 | 104 | 104 | 104 | 104 | 104 | 105 | 105 | 106 |
| EBITDA | 5 | 71 | 15 | −39 | 72 | −34 | 115 | 110 | 102 | 160 | 170 | 154 |
| Depreciation & amortization | 0 | 25 | 23 | 22 | 22 | 20 | 19 | 25 | 44 | 48 | 36 | 39 |
| EBIT | 5 | 46 | −8 | −61 | 50 | −54 | 96 | 85 | 58 | 112 | 134 | 115 |
