Sandstorm Gold Ltd
TSX:SSL
Income Statement
Earnings Waterfall
Sandstorm Gold Ltd
Revenue
|
179.6m
USD
|
Cost of Revenue
|
-97m
USD
|
Gross Profit
|
82.6m
USD
|
Operating Expenses
|
-21.9m
USD
|
Operating Income
|
60.8m
USD
|
Other Expenses
|
-19m
USD
|
Net Income
|
41.7m
USD
|
Income Statement
Sandstorm Gold 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 |
60
N/A
|
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%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(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)
|
|
Gross Profit |
21
N/A
|
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%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(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)
|
|
Selling, General & Administrative |
(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)
|
|
Research & Development |
(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)
|
|
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
|
|
Other Operating Expenses |
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)
|
|
Operating Income |
7
N/A
|
6
-5%
|
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%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
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)
|
|
Non-Reccuring Items |
(98)
|
(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
|
|
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
|
|
Pre-Tax Income |
(92)
N/A
|
(71)
+24%
|
(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%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
14
|
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)
|
|
Income from Continuing Operations |
(78)
|
(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
|
|
Income to Minority Interest |
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)
|
|
Net Income (Common) |
(77)
N/A
|
(56)
+28%
|
(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%
|
|
EPS (Diluted) |
-0.77
N/A
|
-0.5
+35%
|
-0.32
+36%
|
-0.28
+13%
|
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
+13%
|
0.33
-8%
|
0.28
-15%
|
0.15
-46%
|
0.05
-67%
|
0.14
+180%
|