Lundin Gold Inc. financials

Lundin Gold Inc.

Country: SE Reporting currency: USD Latest annual report: 2024-12-31
LEI: 549300ZOV16K515FC525
Source filing ↗
Financial statements (USD, as reported — unscaled; 76 line items across 2 annual periods)
Line item 20242023
Income statement
Revenue $1.19B$902.5M
Cost of sales $489.7M$467.3M
Gross profit $703.4M$435.2M
Administrative expenses $34.5M$21.0M
Operating expenses $283.5M$278.8M
Depreciation & amortisation $137.0M$136.6M
Finance costs $266.5M$85.3M
Profit before tax $634.1M$285.0M
Income tax expense $208.1M$105.6M
Profit for the year $426.1M$179.5M
Total comprehensive income $383.3M$178.8M
Per share
Basic EPS $1.78$0.76
Diluted EPS $1.76$0.75
Free cash flow / share $2.40$1.97
Cash flow statement
Net cash from operating activities $662.4M$519.4M
Net cash from investing activities -$93.5M-$53.5M
Purchase of PP&E (capex) $82.4M$48.2M
Net cash from financing activities -$487.5M-$561.2M
Dividends paid $143.8M$94.9M
Balance sheet
Total assets $1.53B$1.47B
Property, plant & equipment $695.7M$718.9M
Current assets $674.5M$533.9M
Inventories $88.2M$89.4M
Cash & equivalents $349.2M$268.0M
Total equity $1.22B$955.8M
Long-term borrowings $0$241.9M
Current liabilities $215.5M$187.0M
Current portion of long-term borrowings $0$63.7M
Deferred tax liabilities $84.3M$74.7M
Derived metrics
Free cash flow $580.0M$471.2M
Net margin 35.7%19.9%
Return on equity 35.0%18.8%
Cash conversion ratio 1.55×2.89×
Capex coverage 8.04×10.77×
Other reported items
Accumulated Other Comprehensive Income -$40.7M$2.0M
Adjusted Weighted Average Shares 241.4M239.2M
Adjustments For Deferred Tax Expense $16.0M$28.6M
Adjustments For Depreciation and Amortisation Expense $137.0M$136.6M
Adjustments For Fair Value Gains Losses -$243.7M$32.1M
Adjustments For Finance Income Cost -$250.3M-$72.1M
Adjustments For Increase Decrease In Trade and Other Payables $28.0M$2.4M
Adjustments For Sharebased Payments $15.7M$4.5M
Assets Arising From Exploration For and Evaluation of Mineral Resources $133.0M$160.0M
Cash Flows From Used In Operations Before Changes In Working Capital $590.3M$455.5M
Current Tax Expense Income $192.1M$76.9M
Current Tax Liabilities Current $96.8M$48.5M
Deferred Tax Expense Income $16.0M$28.6M
Effect of Exchange Rate Changes On Cash and Cash Equivalents -$222.0K-$57.0K
Equity and Liabilities $1.53B$1.47B
Expense Arising From Exploration For and Evaluation of Mineral Resources $41.2M$23.7M
Finance Income $16.3M$13.0M
Gains Losses On Change In Fair Value of Derivatives $243.7M-$32.1M
Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss -$6.3M-$552.0K
Increase Decrease In Cash and Cash Equivalents $81.2M-$95.4M
Increase Decrease Through Exercise of Options $9.0M$4.5M
Increase Decrease Through Sharebased Payment Transactions $4.3M$4.5M
Interest Paid Classified As Financing Activities $3.7M$19.8M
Interest Received Classified As Operating Activities $16.3M$13.0M
Issued Capital $1.04B$1.01B
Liabilities $311.2M$512.4M
Longterm Provision For Decommissioning Restoration and Rehabilitation Costs $7.9M$8.7M
Other Adjustments To Reconcile Profit Loss -$10.9M$2.1M
Other Comprehensive Income -$42.7M-$657.0K
Other Comprehensive Income Net of Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability -$37.3M-$3.2M
Other Comprehensive Income Net of Tax Exchange Differences On Translation Other Than Translation of Foreign Operations -$12.0M$1.3M
Other Current Liabilities $8.7M$0
Other Noncurrent Liabilities $3.5M$0
Other Operating Income Expense $12.9M-$1.0M
Proceeds From Exercise of Options $9.0M$4.5M
Repayments of Noncurrent Borrowings $101.1M$278.0M
Reserve of Sharebased Payments $9.1M$14.5M
Retained Earnings $212.6M-$69.6M
Royalty Expense $69.2M$51.9M
Trade and Other Payables $109.9M$74.8M
Value Added Tax Receivables $24.3M$51.9M
Weighted Average Shares 239.3M237.0M
Methodology

Every line item above is a fact tagged in Lundin Gold Inc.'s annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (USD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.