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v3.25.1

Consolidated Statements of Income (Loss) - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023
Consolidated Statements of Income (Loss) |  |
Sales | $ 1,062,037 | $ 842,428
Cost of sales | 718,430 | 652,403
Mine operating income | 343,607 | 190,025
Other Expenses [abstract] |  |
General and administration | 76,085 | 64,073
Foreign exchange loss | 12,412 | 10,885
Impairment of mineral properties, plant and equipment |  | 90,615
Write-off of mineral properties | 14,485 | 5,985
Other expenses | 12,579 | 18,874
Operating expenses (income), total | 115,561 | 190,432
Operating income (loss) | 228,046 | (407)
Other income (loss) |  |
Investment gains | 9,716 | 12,395
Interest and finance costs, net | (25,553) | (21,790)
Loss on derivatives |  | (1,249)
Financial income (expense), total | (15,837) | (10,644)
Income (loss) before income taxes | 212,209 | (11,051)
Current and deferred tax relating to items charged or credited directly to equity [abstract] |  |
Current income tax expense | 96,468 | 42,636
Deferred income tax recovery | (26,165) | (10,057)
Total tax expense | 70,303 | 32,579
Net income (loss) | 141,906 | (43,630)
Net income (loss) attributable to: |  |
Fortuna shareholders | 128,735 | (50,836)
Non-controlling interests | $ 13,171 | $ 7,206
Earnings (loss) per share |  |
Basic | $ 0.42 | $ (0.17)
Diluted | $ 0.41 | $ (0.17)
Weighted average number of common shares outstanding (000's) |  |
Basic | 308,885 | 295,067
Diluted | 310,747 | 295,067

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