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Financial infor­ma­tion


Key figures 2024

UnitH1 2024H1 2023FY-2023FY-2022
RevenueMEUR13.110.719.713.5
Pampalo production revenueMEUR13.110.719.712.7
% of revenue%100 %100 %100 %94 %
Operating expensesMEUR-11.2-10.4-20.3-19.9
EBITDAMEUR1.90.4-0.7-6.4
Pampalo production EBITDAMEUR42.43.30.6
% of revenue%31 %22 %17 %5 %
Depreciation and impairment lossesMEUR-1.8-1.1-2.3-8.3
Operating resultMEUR0.1-0.8-3.0-14.7
Net resultMEUR-1-1.9-5.3-17.5
Net gearing ratio%56 %33 %46 %19 %
Equity ratio%50 %66 %55 %66 %
Earnings per shareEUR-0.1-0.2-0.6-2.7
Cash Cost in Pampalo, excl. investmentsEUR/oz1,3061,1931,2781 501.00

Financial figures for the last five years

Key Figures20232022202120202019
Production
Milled ore (tonnes)212 892132 8064 9506 6580
Head grade (Au grams per tonne)2,22,42,93,50
Gold recovery (%)83838471,50
Hourly utilisation (%)684355,535,70
Gold production (kg)397,8267,514,316,70
Gold production (oz)12 7908 601460,3538,10
Financial figures
Revenue growth rate46 %100 %-100 %126 %-94 %
EBITDA margin-3 %-47 %0 %-596 %-841 %
Operating marking-15 %-109 %0 %-1410 %-905 %
Net margin-27 %-130 %0 %-1504 %-1322 %
Equity ratio54 %66 %55 %57 %57 %
Gearing46 %19 %55 %59 %59 %
Return on equity-15 %-53 %-82 %-59 %-26 %
Average number of employees4542534634

Calculation formulas for alternative key figures

  • Interest-bearing net liabilities = interest-bearing liabilities – liquid cash assets
  • EBITDA = operating result + depreciation and impairment losses
  • EBITDA % = 100 * EBITDA / revenue
  • Operating result = revenue + other operating income + change in the inventory of finished goods and work in progress – materials, supplies, and external services – expenses arising from employee benefits – other operating expenses – depreciation and impairment losses
  • Operating result % = 100 * operating result / revenue
  • Net gearing ratio-% = 100 * (interest-bearing liabilities – liquid cash assets) / equity
  • Equity ratio-% = 100 * equity / (adjusted balance sheet total – advance payments based on work performed)
  • Cash Cost in Pampalo, excl. investments = (Pampalo production segment materials, supplies, and external services + Pampalo production segment expenses arising from employee benefits + Pampalo production segment other operating expenses) / gold production in ounces during reporting period