First Quantum Minerals Ltd
TSX:FM
Income Statement
Earnings Waterfall
First Quantum Minerals Ltd
Revenue
|
6.5B
USD
|
Cost of Revenue
|
-5.2B
USD
|
Gross Profit
|
1.3B
USD
|
Operating Expenses
|
-180m
USD
|
Operating Income
|
1.1B
USD
|
Other Expenses
|
-2.1B
USD
|
Net Income
|
-954m
USD
|
Income Statement
First Quantum Minerals Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
3 553
N/A
|
3 543
0%
|
3 618
+2%
|
3 618
0%
|
3 542
-2%
|
3 253
-8%
|
2 866
-12%
|
2 613
-9%
|
2 511
-4%
|
2 629
+5%
|
2 730
+4%
|
2 703
-1%
|
2 673
-1%
|
2 719
+2%
|
2 842
+5%
|
3 114
+10%
|
3 310
+6%
|
3 429
+4%
|
3 696
+8%
|
3 797
+3%
|
3 966
+4%
|
3 938
-1%
|
3 828
-3%
|
3 837
+0%
|
4 067
+6%
|
4 392
+8%
|
4 467
+2%
|
4 882
+9%
|
5 199
+6%
|
5 695
+10%
|
6 463
+13%
|
6 863
+6%
|
7 212
+5%
|
7 632
+6%
|
7 754
+2%
|
7 679
-1%
|
7 626
-1%
|
7 021
-8%
|
6 768
-4%
|
7 070
+4%
|
6 456
-9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 419)
|
(2 437)
|
(2 422)
|
(2 484)
|
(2 544)
|
(2 514)
|
(2 365)
|
(2 253)
|
(2 224)
|
(2 260)
|
(2 313)
|
(2 306)
|
(2 334)
|
(2 416)
|
(2 575)
|
(2 844)
|
(2 975)
|
(2 982)
|
(3 044)
|
(2 982)
|
(2 988)
|
(2 956)
|
(2 921)
|
(3 026)
|
(3 277)
|
(3 640)
|
(3 770)
|
(3 989)
|
(4 122)
|
(4 225)
|
(4 509)
|
(4 642)
|
(4 650)
|
(4 702)
|
(4 820)
|
(5 056)
|
(5 426)
|
(5 449)
|
(5 560)
|
(5 504)
|
(5 164)
|
|
Gross Profit |
1 134
N/A
|
1 106
-2%
|
1 197
+8%
|
1 134
-5%
|
998
-12%
|
739
-26%
|
501
-32%
|
360
-28%
|
287
-20%
|
369
+29%
|
417
+13%
|
397
-5%
|
339
-15%
|
303
-11%
|
267
-12%
|
270
+1%
|
335
+24%
|
447
+33%
|
652
+46%
|
815
+25%
|
978
+20%
|
982
+0%
|
907
-8%
|
811
-11%
|
790
-3%
|
752
-5%
|
697
-7%
|
893
+28%
|
1 077
+21%
|
1 470
+36%
|
1 954
+33%
|
2 221
+14%
|
2 562
+15%
|
2 930
+14%
|
2 934
+0%
|
2 623
-11%
|
2 200
-16%
|
1 572
-29%
|
1 208
-23%
|
1 566
+30%
|
1 292
-17%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(210)
|
(220)
|
(230)
|
(227)
|
(169)
|
(138)
|
(115)
|
(163)
|
(122)
|
(154)
|
(128)
|
(72)
|
(60)
|
(29)
|
(41)
|
(80)
|
(103)
|
(126)
|
(132)
|
(191)
|
(105)
|
(183)
|
(209)
|
(146)
|
(108)
|
(187)
|
(169)
|
(151)
|
(112)
|
(138)
|
(146)
|
(156)
|
(154)
|
(273)
|
(266)
|
(274)
|
(187)
|
(145)
|
(149)
|
(154)
|
(180)
|
|
Selling, General & Administrative |
(123)
|
(126)
|
(131)
|
(123)
|
(116)
|
(111)
|
(104)
|
(94)
|
(83)
|
(77)
|
(72)
|
(68)
|
(70)
|
(70)
|
(71)
|
(74)
|
(74)
|
(75)
|
(74)
|
(74)
|
(74)
|
(74)
|
(75)
|
(76)
|
(82)
|
(86)
|
(92)
|
(95)
|
(99)
|
(104)
|
(111)
|
(118)
|
(118)
|
(123)
|
(121)
|
(125)
|
(136)
|
(137)
|
(141)
|
(145)
|
(142)
|
|
Research & Development |
(52)
|
(53)
|
(51)
|
(57)
|
(60)
|
(57)
|
(53)
|
(45)
|
(30)
|
(25)
|
(19)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(18)
|
(22)
|
(25)
|
(27)
|
(26)
|
(23)
|
(21)
|
(19)
|
(19)
|
(18)
|
(17)
|
(16)
|
(15)
|
(15)
|
(16)
|
(19)
|
(20)
|
(21)
|
(21)
|
(24)
|
(26)
|
(28)
|
(29)
|
(26)
|
(30)
|
|
Other Operating Expenses |
(35)
|
(41)
|
(48)
|
(47)
|
7
|
30
|
42
|
(24)
|
(9)
|
(52)
|
(37)
|
11
|
26
|
57
|
46
|
10
|
(11)
|
(29)
|
(33)
|
(90)
|
(5)
|
(86)
|
(113)
|
(51)
|
(7)
|
(83)
|
(60)
|
(40)
|
2
|
(19)
|
(19)
|
(19)
|
(16)
|
(129)
|
(124)
|
(125)
|
(25)
|
20
|
21
|
17
|
(8)
|
|
Operating Income |
924
N/A
|
886
-4%
|
967
+9%
|
908
-6%
|
829
-9%
|
601
-28%
|
386
-36%
|
197
-49%
|
165
-16%
|
215
+30%
|
289
+34%
|
325
+12%
|
279
-14%
|
274
-2%
|
226
-18%
|
190
-16%
|
232
+22%
|
321
+38%
|
520
+62%
|
624
+20%
|
873
+40%
|
799
-8%
|
698
-13%
|
665
-5%
|
682
+3%
|
565
-17%
|
528
-7%
|
742
+41%
|
965
+30%
|
1 332
+38%
|
1 808
+36%
|
2 065
+14%
|
2 408
+17%
|
2 657
+10%
|
2 668
+0%
|
2 349
-12%
|
2 013
-14%
|
1 427
-29%
|
1 059
-26%
|
1 412
+33%
|
1 112
-21%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
14
|
23
|
25
|
59
|
62
|
23
|
26
|
14
|
(106)
|
(2)
|
(12)
|
(7)
|
12
|
(4)
|
(5)
|
(5)
|
(49)
|
(25)
|
(22)
|
(23)
|
(68)
|
(1)
|
0
|
(52)
|
(341)
|
(557)
|
(756)
|
(926)
|
(933)
|
(778)
|
(731)
|
(443)
|
(351)
|
(378)
|
(95)
|
(245)
|
(276)
|
(243)
|
(495)
|
(541)
|
(620)
|
|
Non-Reccuring Items |
(30)
|
0
|
0
|
(16)
|
(25)
|
(97)
|
(214)
|
(198)
|
(132)
|
(118)
|
(1)
|
(1)
|
(13)
|
(97)
|
(97)
|
(97)
|
(110)
|
(26)
|
(26)
|
(26)
|
0
|
(25)
|
(25)
|
(25)
|
(126)
|
(103)
|
(103)
|
(103)
|
(5)
|
(3)
|
0
|
(3)
|
(65)
|
0
|
0
|
0
|
0
|
0
|
0
|
(31)
|
(949)
|
|
Total Other Income |
(9)
|
(10)
|
(11)
|
(9)
|
(14)
|
(14)
|
(13)
|
(13)
|
(11)
|
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(13)
|
(14)
|
(13)
|
(13)
|
(175)
|
(196)
|
(158)
|
(152)
|
9
|
5
|
(24)
|
(67)
|
(86)
|
(91)
|
(121)
|
(206)
|
(208)
|
(268)
|
(223)
|
(85)
|
(65)
|
(29)
|
|
Pre-Tax Income |
899
N/A
|
899
0%
|
980
+9%
|
942
-4%
|
852
-10%
|
513
-40%
|
185
-64%
|
0
N/A
|
(84)
N/A
|
85
N/A
|
266
+213%
|
307
+15%
|
267
-13%
|
161
-40%
|
112
-30%
|
75
-33%
|
60
-20%
|
256
+327%
|
458
+79%
|
562
+23%
|
791
+41%
|
760
-4%
|
660
-13%
|
413
-37%
|
19
-95%
|
(253)
N/A
|
(483)
-91%
|
(278)
+42%
|
32
N/A
|
527
+1 547%
|
1 010
+92%
|
1 533
+52%
|
1 901
+24%
|
2 158
+14%
|
2 367
+10%
|
1 896
-20%
|
1 469
-23%
|
961
-35%
|
479
-50%
|
775
+62%
|
(486)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(370)
|
(363)
|
(386)
|
(375)
|
141
|
245
|
331
|
(153)
|
(531)
|
(562)
|
(504)
|
33
|
(19)
|
(55)
|
(163)
|
(202)
|
(299)
|
(329)
|
(363)
|
(360)
|
(283)
|
(259)
|
(227)
|
(128)
|
(70)
|
42
|
3
|
(92)
|
(256)
|
(462)
|
(547)
|
(720)
|
(812)
|
(811)
|
(766)
|
(565)
|
(320)
|
(190)
|
(76)
|
(109)
|
(757)
|
|
Income from Continuing Operations |
530
|
535
|
595
|
567
|
993
|
758
|
516
|
(153)
|
(615)
|
(477)
|
(238)
|
340
|
248
|
106
|
(51)
|
(127)
|
(239)
|
(73)
|
95
|
202
|
508
|
501
|
433
|
285
|
(51)
|
(211)
|
(480)
|
(370)
|
(224)
|
65
|
463
|
813
|
1 089
|
1 347
|
1 601
|
1 331
|
1 149
|
771
|
403
|
666
|
(1 243)
|
|
Income to Minority Interest |
(71)
|
(62)
|
(59)
|
(53)
|
(158)
|
(128)
|
(124)
|
(6)
|
114
|
103
|
93
|
(19)
|
(26)
|
(47)
|
(50)
|
(62)
|
(77)
|
(82)
|
(80)
|
(74)
|
(67)
|
(54)
|
(43)
|
(29)
|
(6)
|
39
|
74
|
66
|
44
|
(41)
|
(143)
|
(219)
|
(257)
|
(272)
|
(247)
|
(167)
|
(115)
|
(47)
|
(5)
|
(56)
|
289
|
|
Net Income (Common) |
459
N/A
|
473
+3%
|
535
+13%
|
513
-4%
|
835
+63%
|
626
-25%
|
391
-38%
|
(157)
N/A
|
(496)
-216%
|
(631)
-27%
|
(406)
+36%
|
57
N/A
|
(45)
N/A
|
58
N/A
|
(101)
N/A
|
(189)
-87%
|
(316)
-67%
|
(155)
+51%
|
15
N/A
|
128
+753%
|
441
+245%
|
447
+1%
|
390
-13%
|
256
-34%
|
(57)
N/A
|
(172)
-202%
|
(406)
-136%
|
(304)
+25%
|
(180)
+41%
|
24
N/A
|
320
+1 233%
|
594
+86%
|
832
+40%
|
1 075
+29%
|
1 354
+26%
|
1 164
-14%
|
1 034
-11%
|
724
-30%
|
398
-45%
|
610
+53%
|
(954)
N/A
|
|
EPS (Diluted) |
0.77
N/A
|
0.79
+3%
|
0.9
+14%
|
0.86
-4%
|
1.39
+62%
|
1.05
-24%
|
0.63
-40%
|
-0.22
N/A
|
-0.77
-250%
|
-0.92
-19%
|
-0.58
+37%
|
0.08
N/A
|
-0.06
N/A
|
0.08
N/A
|
-0.15
N/A
|
-0.28
-87%
|
-0.46
-64%
|
-0.23
+50%
|
0.02
N/A
|
0.19
+850%
|
0.64
+237%
|
0.66
+3%
|
0.57
-14%
|
0.37
-35%
|
-0.08
N/A
|
-0.26
-225%
|
-0.6
-131%
|
-0.45
+25%
|
-0.26
+42%
|
0.03
N/A
|
0.46
+1 433%
|
0.86
+87%
|
1.2
+40%
|
1.55
+29%
|
1.96
+26%
|
1.68
-14%
|
1.49
-11%
|
1.04
-30%
|
0.57
-45%
|
0.88
+54%
|
-1.38
N/A
|