Sandstorm Gold Ltd
TSX:SSL
Income Statement
Earnings Waterfall
Sandstorm Gold Ltd
Income Statement
Sandstorm Gold Ltd
| Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+200%
|
3
+546%
|
7
+120%
|
12
+79%
|
22
+76%
|
30
+39%
|
40
+33%
|
49
+24%
|
55
+11%
|
56
+2%
|
58
+3%
|
56
-3%
|
56
+0%
|
60
+6%
|
60
0%
|
60
0%
|
60
+0%
|
57
-5%
|
56
0%
|
59
+4%
|
55
-6%
|
53
-5%
|
51
-4%
|
51
+1%
|
56
+9%
|
62
+12%
|
68
+9%
|
68
+1%
|
69
+2%
|
68
-1%
|
69
+1%
|
72
+4%
|
71
-1%
|
73
+3%
|
72
-2%
|
74
+4%
|
83
+11%
|
89
+8%
|
93
+4%
|
90
-3%
|
87
-3%
|
93
+6%
|
103
+10%
|
110
+8%
|
115
+4%
|
115
+0%
|
119
+4%
|
129
+8%
|
140
+9%
|
149
+6%
|
157
+6%
|
171
+9%
|
174
+1%
|
180
+3%
|
178
-1%
|
170
-5%
|
173
+2%
|
176
+2%
|
184
+4%
|
194
+5%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(3)
|
(6)
|
(10)
|
(13)
|
(18)
|
(22)
|
(25)
|
(26)
|
(29)
|
(31)
|
(34)
|
(39)
|
(41)
|
(42)
|
(43)
|
(42)
|
(45)
|
(49)
|
(48)
|
(49)
|
(44)
|
(41)
|
(40)
|
(41)
|
(45)
|
(45)
|
(46)
|
(45)
|
(45)
|
(45)
|
(45)
|
(45)
|
(44)
|
(48)
|
(53)
|
(56)
|
(58)
|
(53)
|
(49)
|
(47)
|
(50)
|
(51)
|
(53)
|
(53)
|
(54)
|
(57)
|
(70)
|
(83)
|
(91)
|
(102)
|
(98)
|
(97)
|
(95)
|
(87)
|
(85)
|
(80)
|
(79)
|
(78)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+200%
|
2
+604%
|
4
+103%
|
7
+70%
|
12
+79%
|
17
+43%
|
22
+32%
|
27
+23%
|
30
+9%
|
30
+1%
|
29
-2%
|
26
-12%
|
23
-11%
|
21
-9%
|
19
-9%
|
18
-5%
|
16
-8%
|
14
-13%
|
12
-17%
|
10
-17%
|
7
-29%
|
4
-45%
|
6
+69%
|
10
+61%
|
16
+54%
|
22
+37%
|
23
+6%
|
23
-2%
|
24
+4%
|
23
-1%
|
24
+3%
|
27
+11%
|
27
+0%
|
28
+6%
|
28
-1%
|
26
-5%
|
30
+13%
|
33
+12%
|
35
+5%
|
37
+5%
|
39
+4%
|
46
+19%
|
53
+16%
|
59
+11%
|
62
+5%
|
62
+1%
|
66
+5%
|
72
+9%
|
70
-2%
|
66
-6%
|
66
+1%
|
69
+4%
|
76
+10%
|
83
+9%
|
84
+1%
|
83
0%
|
88
+6%
|
96
+8%
|
105
+9%
|
116
+10%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(2)
|
(4)
|
(6)
|
(9)
|
(14)
|
(13)
|
(8)
|
(6)
|
(5)
|
(6)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(14)
|
(14)
|
(15)
|
(15)
|
(14)
|
(14)
|
(16)
|
(17)
|
(18)
|
(18)
|
(22)
|
(23)
|
(21)
|
(12)
|
(6)
|
(8)
|
(22)
|
(21)
|
(20)
|
(20)
|
(23)
|
(24)
|
(28)
|
|
| Selling, General & Administrative |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(7)
|
(9)
|
(11)
|
(13)
|
(12)
|
(11)
|
(9)
|
(8)
|
(7)
|
(7)
|
(8)
|
(7)
|
(6)
|
(5)
|
(4)
|
(3)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(12)
|
(13)
|
(13)
|
(15)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(16)
|
(15)
|
(15)
|
|
| Research & Development |
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(5)
|
(6)
|
(7)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(7)
|
(8)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(9)
|
|
| Depreciation & Amortization |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
6
|
6
|
6
|
0
|
0
|
3
|
3
|
3
|
3
|
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
|
(1)
|
(1)
|
0
|
11
|
13
|
12
|
(0)
|
0
|
2
|
4
|
2
|
1
|
(3)
|
|
| Operating Income |
(0)
N/A
|
(0)
+30%
|
(0)
-314%
|
(0)
-10%
|
(0)
-25%
|
(1)
-30%
|
(1)
-60%
|
(2)
-93%
|
(2)
-30%
|
(2)
-4%
|
(2)
+6%
|
(1)
+75%
|
1
N/A
|
3
+200%
|
8
+151%
|
12
+53%
|
17
+40%
|
22
+25%
|
23
+8%
|
28
+18%
|
25
-10%
|
19
-22%
|
14
-30%
|
7
-52%
|
6
-6%
|
10
+55%
|
11
+10%
|
9
-14%
|
6
-33%
|
1
-87%
|
(2)
N/A
|
(6)
-186%
|
(3)
+44%
|
0
N/A
|
6
+2 104%
|
12
+114%
|
13
+11%
|
12
-5%
|
13
+4%
|
12
-7%
|
13
+4%
|
15
+20%
|
15
+2%
|
17
+10%
|
16
-5%
|
14
-11%
|
17
+22%
|
19
+10%
|
21
+8%
|
22
+7%
|
24
+7%
|
32
+35%
|
39
+21%
|
43
+10%
|
45
+5%
|
44
-1%
|
47
+7%
|
49
+4%
|
47
-5%
|
45
-4%
|
54
+20%
|
62
+15%
|
68
+8%
|
61
-10%
|
62
+2%
|
63
+2%
|
69
+9%
|
73
+6%
|
81
+11%
|
87
+8%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
2
|
3
|
3
|
(1)
|
(4)
|
(4)
|
(3)
|
1
|
1
|
1
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(2)
|
(3)
|
2
|
1
|
2
|
1
|
2
|
1
|
(4)
|
(11)
|
0
|
7
|
17
|
21
|
10
|
6
|
(0)
|
7
|
3
|
0
|
(0)
|
(4)
|
(3)
|
(0)
|
3
|
7
|
(1)
|
3
|
3
|
2
|
6
|
7
|
6
|
2
|
4
|
10
|
30
|
18
|
12
|
(15)
|
(48)
|
(26)
|
(34)
|
(21)
|
(19)
|
(40)
|
(32)
|
(31)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
(20)
|
(36)
|
(39)
|
(93)
|
(79)
|
(64)
|
(61)
|
(1)
|
(1)
|
1
|
2
|
(17)
|
(18)
|
(19)
|
(21)
|
(3)
|
1
|
(3)
|
1
|
(4)
|
(11)
|
(7)
|
(10)
|
(4)
|
0
|
1
|
1
|
(3)
|
(12)
|
(12)
|
(12)
|
(9)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
22
|
22
|
25
|
24
|
(1)
|
(1)
|
12
|
3
|
1
|
1
|
(4)
|
(3)
|
1
|
|
| Total Other Income |
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
|
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
|
|
| Pre-Tax Income |
(0)
N/A
|
(0)
+50%
|
(0)
-420%
|
(0)
-12%
|
(0)
-38%
|
2
N/A
|
2
+8%
|
1
-43%
|
(3)
N/A
|
(6)
-95%
|
(7)
-2%
|
(4)
+46%
|
2
N/A
|
5
+212%
|
10
+91%
|
14
+29%
|
18
+36%
|
22
+17%
|
22
+1%
|
25
+16%
|
1
-94%
|
(20)
N/A
|
(27)
-35%
|
(89)
-225%
|
(71)
+21%
|
(52)
+26%
|
(48)
+9%
|
9
N/A
|
7
-29%
|
3
-57%
|
(5)
N/A
|
(34)
-640%
|
(21)
+38%
|
(12)
+42%
|
1
N/A
|
30
+2 210%
|
25
-18%
|
15
-38%
|
14
-11%
|
15
+7%
|
5
-68%
|
9
+84%
|
5
-41%
|
9
+70%
|
14
+57%
|
15
+12%
|
21
+35%
|
23
+11%
|
8
-65%
|
13
+61%
|
15
+14%
|
24
+63%
|
44
+82%
|
49
+10%
|
49
+1%
|
45
-9%
|
50
+11%
|
81
+63%
|
98
+22%
|
88
-11%
|
90
+2%
|
47
-48%
|
19
-59%
|
47
+147%
|
31
-34%
|
44
+40%
|
51
+16%
|
30
-42%
|
47
+59%
|
57
+22%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
(0)
|
(1)
|
(2)
|
(3)
|
(2)
|
(3)
|
(2)
|
(0)
|
(0)
|
15
|
14
|
14
|
13
|
2
|
2
|
(11)
|
(11)
|
(9)
|
(10)
|
0
|
(1)
|
(5)
|
(6)
|
(3)
|
(4)
|
(4)
|
(1)
|
(2)
|
(1)
|
(3)
|
(6)
|
(6)
|
(7)
|
(7)
|
(5)
|
(5)
|
(6)
|
(11)
|
(15)
|
(18)
|
(18)
|
(17)
|
(18)
|
(18)
|
(10)
|
(9)
|
(5)
|
1
|
(3)
|
(4)
|
(8)
|
(13)
|
(14)
|
(14)
|
(16)
|
(20)
|
|
| Income from Continuing Operations |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
2
|
2
|
1
|
(3)
|
(6)
|
(7)
|
(3)
|
2
|
6
|
10
|
13
|
16
|
19
|
19
|
22
|
(0)
|
(21)
|
(27)
|
(75)
|
(57)
|
(38)
|
(34)
|
12
|
9
|
(8)
|
(15)
|
(43)
|
(31)
|
(12)
|
0
|
25
|
19
|
12
|
10
|
11
|
4
|
7
|
4
|
6
|
8
|
10
|
14
|
16
|
4
|
8
|
9
|
14
|
29
|
31
|
31
|
28
|
32
|
63
|
88
|
79
|
85
|
48
|
16
|
43
|
23
|
31
|
37
|
16
|
31
|
37
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
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
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
|
| Net Income (Common) |
(0)
N/A
|
(0)
+50%
|
(0)
-420%
|
(0)
-12%
|
(0)
-38%
|
2
N/A
|
2
+17%
|
1
-45%
|
(3)
N/A
|
(6)
-91%
|
(7)
-4%
|
(3)
+57%
|
2
N/A
|
6
+139%
|
10
+80%
|
13
+21%
|
16
+28%
|
19
+19%
|
19
+2%
|
22
+13%
|
0
-100%
|
(20)
N/A
|
(27)
-31%
|
(74)
-178%
|
(56)
+24%
|
(38)
+32%
|
(34)
+9%
|
12
N/A
|
9
-26%
|
(8)
N/A
|
(15)
-95%
|
(43)
-178%
|
(31)
+29%
|
(12)
+61%
|
0
N/A
|
25
+7 806%
|
19
-25%
|
12
-37%
|
10
-18%
|
11
+7%
|
4
-62%
|
7
+65%
|
4
-41%
|
6
+54%
|
8
+36%
|
10
+22%
|
14
+42%
|
16
+19%
|
4
-78%
|
8
+132%
|
9
+4%
|
14
+60%
|
29
+111%
|
31
+5%
|
31
+0%
|
28
-10%
|
32
+15%
|
63
+98%
|
88
+40%
|
78
-11%
|
85
+8%
|
47
-44%
|
15
-68%
|
42
+176%
|
22
-48%
|
30
+37%
|
35
+19%
|
14
-60%
|
29
+103%
|
34
+19%
|
|
| EPS (Diluted) |
-0.14
N/A
|
-0.01
+93%
|
-0.09
-800%
|
-0.1
-11%
|
-0.11
-10%
|
0.06
N/A
|
0.04
-33%
|
0.03
-25%
|
-0.06
N/A
|
-0.13
-117%
|
-0.13
N/A
|
-0.06
+54%
|
0.03
N/A
|
0.08
+167%
|
0.14
+75%
|
0.16
+14%
|
0.2
+25%
|
0.23
+15%
|
0.22
-4%
|
0.25
+14%
|
0
N/A
|
-0.22
N/A
|
-0.29
-32%
|
-0.78
-169%
|
-0.5
+36%
|
-0.32
+36%
|
-0.28
+12%
|
0.09
N/A
|
0.08
-11%
|
-0.06
N/A
|
-0.13
-117%
|
-0.36
-177%
|
-0.22
+39%
|
-0.08
+64%
|
0
N/A
|
0.17
N/A
|
0.12
-29%
|
0.07
-42%
|
0.05
-29%
|
0.06
+20%
|
0.01
-83%
|
0.02
+100%
|
0.01
-50%
|
0.03
+200%
|
0.03
N/A
|
0.04
+33%
|
0.06
+50%
|
0.09
+50%
|
0.01
-89%
|
0.04
+300%
|
0.04
N/A
|
0.07
+75%
|
0.15
+114%
|
0.15
N/A
|
0.15
N/A
|
0.14
-7%
|
0.16
+14%
|
0.32
+100%
|
0.36
+12%
|
0.33
-8%
|
0.28
-15%
|
0.15
-46%
|
0.05
-67%
|
0.14
+180%
|
0.08
-43%
|
0.1
+25%
|
0.12
+20%
|
0.05
-58%
|
0.1
+100%
|
0.11
+10%
|
|