Mandalay Resources Corp
TSX:MND
Income Statement
Earnings Waterfall
Mandalay Resources Corp
Revenue
|
173.3m
USD
|
Cost of Revenue
|
-139.1m
USD
|
Gross Profit
|
34.2m
USD
|
Operating Expenses
|
-14.5m
USD
|
Operating Income
|
19.7m
USD
|
Other Expenses
|
-11.9m
USD
|
Net Income
|
7.9m
USD
|
Income Statement
Mandalay Resources Corp
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 |
167
N/A
|
163
-2%
|
172
+6%
|
157
-9%
|
185
+18%
|
203
+10%
|
209
+3%
|
218
+4%
|
195
-11%
|
188
-3%
|
192
+2%
|
197
+3%
|
186
-6%
|
180
-3%
|
170
-6%
|
157
-8%
|
163
+4%
|
157
-3%
|
141
-10%
|
128
-10%
|
112
-12%
|
102
-9%
|
101
-2%
|
108
+7%
|
108
+0%
|
119
+11%
|
135
+13%
|
156
+15%
|
179
+14%
|
190
+6%
|
199
+5%
|
202
+1%
|
229
+14%
|
231
+1%
|
230
-1%
|
223
-3%
|
192
-14%
|
180
-6%
|
169
-6%
|
164
-3%
|
173
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(120)
|
(122)
|
(125)
|
(123)
|
(145)
|
(159)
|
(166)
|
(174)
|
(159)
|
(163)
|
(162)
|
(164)
|
(166)
|
(166)
|
(167)
|
(158)
|
(147)
|
(140)
|
(128)
|
(124)
|
(124)
|
(119)
|
(116)
|
(115)
|
(108)
|
(105)
|
(107)
|
(110)
|
(115)
|
(123)
|
(131)
|
(137)
|
(147)
|
(142)
|
(142)
|
(139)
|
(129)
|
(133)
|
(133)
|
(132)
|
(139)
|
|
Gross Profit |
47
N/A
|
42
-11%
|
47
+13%
|
34
-29%
|
40
+17%
|
45
+12%
|
44
-2%
|
44
+0%
|
35
-19%
|
25
-28%
|
29
+15%
|
32
+11%
|
20
-38%
|
15
-26%
|
4
-75%
|
(0)
N/A
|
16
N/A
|
18
+15%
|
13
-27%
|
4
-70%
|
(11)
N/A
|
(17)
-52%
|
(15)
+12%
|
(8)
+49%
|
(0)
+95%
|
15
N/A
|
29
+98%
|
46
+61%
|
64
+39%
|
67
+3%
|
68
+2%
|
65
-4%
|
82
+26%
|
89
+8%
|
88
-2%
|
84
-4%
|
63
-25%
|
47
-25%
|
36
-24%
|
32
-12%
|
34
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(10)
|
(9)
|
(9)
|
(10)
|
(13)
|
(12)
|
(12)
|
(11)
|
(10)
|
(10)
|
(11)
|
(12)
|
(10)
|
(10)
|
(12)
|
(17)
|
(21)
|
(23)
|
(22)
|
(17)
|
(17)
|
(15)
|
(14)
|
(14)
|
(9)
|
(9)
|
(3)
|
(3)
|
(9)
|
(8)
|
(13)
|
(13)
|
(14)
|
(14)
|
(21)
|
(21)
|
(17)
|
(18)
|
(11)
|
(11)
|
(14)
|
|
Selling, General & Administrative |
(10)
|
(9)
|
(10)
|
(10)
|
(13)
|
(12)
|
(12)
|
(11)
|
(10)
|
(10)
|
(11)
|
(12)
|
(10)
|
(10)
|
(10)
|
(9)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(8)
|
(8)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(8)
|
(13)
|
(15)
|
(14)
|
(10)
|
(11)
|
(9)
|
(9)
|
(8)
|
(3)
|
(3)
|
3
|
3
|
(2)
|
(2)
|
(7)
|
(7)
|
(7)
|
(7)
|
(14)
|
(14)
|
(10)
|
(10)
|
(3)
|
(3)
|
(6)
|
|
Operating Income |
38
N/A
|
32
-14%
|
38
+18%
|
24
-37%
|
27
+13%
|
32
+19%
|
32
0%
|
33
+2%
|
25
-23%
|
15
-40%
|
18
+22%
|
21
+14%
|
10
-52%
|
5
-54%
|
(9)
N/A
|
(17)
-97%
|
(5)
+69%
|
(5)
+3%
|
(9)
-71%
|
(13)
-43%
|
(29)
-123%
|
(32)
-14%
|
(29)
+10%
|
(21)
+27%
|
(10)
+55%
|
5
N/A
|
26
+401%
|
43
+68%
|
55
+29%
|
58
+5%
|
55
-6%
|
53
-4%
|
69
+30%
|
76
+10%
|
67
-12%
|
63
-6%
|
46
-26%
|
29
-37%
|
25
-15%
|
21
-16%
|
20
-5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
(2)
|
(2)
|
(1)
|
1
|
0
|
2
|
1
|
(5)
|
(6)
|
(8)
|
(6)
|
(5)
|
(7)
|
(8)
|
(10)
|
(7)
|
(3)
|
(2)
|
(4)
|
(4)
|
(6)
|
(7)
|
(6)
|
(16)
|
(28)
|
(38)
|
(30)
|
(1)
|
7
|
16
|
3
|
(24)
|
(13)
|
(9)
|
(6)
|
(1)
|
(5)
|
(8)
|
(4)
|
|
Non-Reccuring Items |
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(7)
|
(7)
|
(8)
|
(19)
|
(15)
|
(18)
|
(17)
|
(24)
|
(24)
|
(40)
|
(40)
|
(34)
|
(32)
|
(19)
|
(19)
|
(4)
|
(8)
|
(5)
|
(5)
|
(5)
|
(3)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
0
|
0
|
9
|
2
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
7
|
7
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
|
Pre-Tax Income |
36
N/A
|
31
-14%
|
34
+10%
|
20
-43%
|
23
+18%
|
30
+31%
|
30
-1%
|
32
+9%
|
22
-31%
|
3
-85%
|
5
+60%
|
4
-19%
|
(15)
N/A
|
(16)
-7%
|
(34)
-110%
|
(42)
-23%
|
(40)
+5%
|
(37)
+6%
|
(53)
-41%
|
(55)
-5%
|
(68)
-22%
|
(70)
-3%
|
(55)
+21%
|
(48)
+13%
|
(20)
+58%
|
(20)
+1%
|
(8)
+60%
|
(0)
+98%
|
20
N/A
|
55
+178%
|
61
+10%
|
68
+12%
|
77
+13%
|
56
-27%
|
58
+4%
|
60
+3%
|
40
-33%
|
28
-30%
|
20
-30%
|
11
-45%
|
15
+34%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(7)
|
(7)
|
(8)
|
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(1)
|
(4)
|
(4)
|
(5)
|
(7)
|
(3)
|
(3)
|
(3)
|
(4)
|
(2)
|
(0)
|
4
|
6
|
5
|
4
|
1
|
(2)
|
(7)
|
(12)
|
(11)
|
(17)
|
(15)
|
(14)
|
(22)
|
(16)
|
(20)
|
(22)
|
(17)
|
(15)
|
(8)
|
(5)
|
(7)
|
|
Income from Continuing Operations |
29
|
24
|
26
|
14
|
18
|
24
|
23
|
25
|
15
|
2
|
1
|
0
|
(20)
|
(24)
|
(37)
|
(45)
|
(43)
|
(42)
|
(55)
|
(55)
|
(64)
|
(64)
|
(50)
|
(44)
|
(19)
|
(22)
|
(15)
|
(12)
|
9
|
38
|
46
|
54
|
55
|
40
|
38
|
38
|
24
|
14
|
11
|
6
|
8
|
|
Net Income (Common) |
29
N/A
|
24
-18%
|
26
+8%
|
14
-45%
|
18
+22%
|
24
+34%
|
23
-2%
|
25
+10%
|
15
-42%
|
2
-86%
|
1
-38%
|
0
-82%
|
(20)
N/A
|
(24)
-17%
|
(37)
-58%
|
(45)
-21%
|
(43)
+5%
|
(42)
+3%
|
(55)
-33%
|
(55)
-1%
|
(64)
-15%
|
(64)
0%
|
(50)
+22%
|
(44)
+12%
|
(19)
+58%
|
(22)
-17%
|
(15)
+33%
|
(12)
+14%
|
9
N/A
|
38
+313%
|
46
+19%
|
54
+19%
|
55
+1%
|
40
-27%
|
38
-5%
|
38
+0%
|
24
-38%
|
14
-42%
|
11
-16%
|
6
-46%
|
8
+27%
|
|
EPS (Diluted) |
0.86
N/A
|
0.69
-20%
|
0.74
+7%
|
0.42
-43%
|
0.49
+17%
|
0.57
+16%
|
0.57
N/A
|
0.63
+11%
|
0.36
-43%
|
0.06
-83%
|
0.04
-33%
|
0.01
-75%
|
-0.47
N/A
|
-0.52
-11%
|
-0.83
-60%
|
-1
-20%
|
-0.95
+5%
|
-0.92
+3%
|
-1.23
-34%
|
-1.24
-1%
|
-1.41
-14%
|
-1.36
+4%
|
-0.54
+60%
|
-0.48
+11%
|
-0.23
+52%
|
-0.25
-9%
|
-0.17
+32%
|
-0.14
+18%
|
0.1
N/A
|
0.4
+300%
|
0.48
+20%
|
0.57
+19%
|
0.59
+4%
|
0.42
-29%
|
0.4
-5%
|
0.4
N/A
|
0.25
-38%
|
0.15
-40%
|
0.13
-13%
|
0.07
-46%
|
0.08
+14%
|