Fortuna Mining (FSM)
Operates gold mines in Argentina and Côte d’Ivoire alongside a Peruvian silver-lead-zinc mine.
$11.67
vs last close−0.54 (−4.46%)
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 | 243 | 265 | 201 | 156 | 275 | 302 | 290 | 230 | 251 | 272 | 342 | 318 |
| Cost of revenue | 177 | 213 | 131 | 104 | 188 | 195 | 174 | 125 | 118 | 124 | 131 | 135 |
| Gross profit | 66 | 52 | 70 | 53 | 87 | 107 | 116 | 105 | 133 | 148 | 212 | 183 |
| 20 | 129 | 21 | 22 | 14 | 54 | 24 | 21 | −21 | 27 | 30 | 20 | |
| 15 | 20 | 17 | 21 | 16 | 21 | 25 | 22 | 26 | 27 | 28 | 19 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 15 | 20 | 17 | 21 | 16 | 19 | 25 | 22 | 26 | 0 | 28 | 19 |
| Other expenses | 6 | 109 | 4 | 1 | −2 | 33 | −1 | 0 | −48 | 0 | 2 | 2 |
| Operating income | 45 | −77 | 48 | 31 | 73 | 53 | 92 | 84 | 155 | 121 | 182 | 163 |
| −8 | 5 | −3 | −4 | −3 | −5 | −2 | −2 | −2 | −8 | −4 | −8 | |
| Interest income | 0 | 3 | 1 | 1 | 1 | 1 | 3 | 3 | 4 | 4 | 5 | 5 |
| Interest expense | 6 | 8 | 6 | 6 | 7 | 7 | 6 | 6 | 5 | 6 | 7 | 6 |
| Other non-operating income | −1 | −12 | −3 | −3 | −4 | −9 | −2 | −4 | −3 | 2 | −3 | 2 |
| Income before tax | 37 | −73 | 45 | 27 | 70 | 48 | 90 | 81 | 153 | 113 | 178 | 155 |
| Income tax expense | 7 | 17 | 15 | 4 | 15 | 33 | 22 | 34 | 25 | 38 | 58 | 71 |
| Net income from continuing operations | 31 | −90 | 30 | 22 | 54 | 15 | 68 | 48 | 128 | 75 | 120 | 84 |
| Discontinued operations | 0 | 0 | 0 | 21 | 0 | 0 | −3 | −4 | 0 | 0 | 0 | 0 |
| Net income | 27 | −92 | 26 | 41 | 51 | 11 | 59 | 37 | 124 | 69 | 111 | 76 |
| EPS, basic | $0.09 | −$0.31 | $0.09 | $0.13 | $0.16 | $0.04 | $0.19 | $0.12 | $0.40 | $0.23 | $0.36 | $0.25 |
| EPS, diluted | $0.09 | −$0.31 | $0.08 | $0.13 | $0.16 | $0.04 | $0.19 | $0.12 | $0.36 | $0.23 | $0.35 | $0.24 |
| Weighted average shares, basic | 293 | 307 | 306 | 306 | 315 | 312 | 307 | 307 | 307 | 306 | 305 | 301 |
| Weighted average shares, diluted | 295 | 307 | 308 | 317 | 315 | 312 | 308 | 309 | 335 | 306 | 333 | 329 |
| EBITDA | 111 | 7 | 101 | 77 | 137 | 137 | 156 | 136 | 211 | 166 | 231 | 205 |
| Depreciation & amortization | 64 | 72 | 50 | 43 | 60 | 75 | 62 | 48 | 53 | 46 | 46 | 44 |
| EBIT | 47 | −65 | 51 | 34 | 77 | 62 | 94 | 88 | 158 | 120 | 185 | 161 |