Financial information
Key figures 2023
Unit | H2-2023 | H2-2022 | FY-2023 | FY-2022 | |
---|---|---|---|---|---|
Revenue | MEUR | 9.0 | 7.9 | 19.7 | 13.5 |
Pampalo production revenue | MEUR | 9.0 | 7.9 | 19.7 | 12.7 |
% of revenue | % | 100 % | 100 % | 100 % | 94 % |
Operating expenses | MEUR | -10.0 | -10.9 | -20.3 | -19.9 |
EBITDA | MEUR | -1.0 | -2.9 | -0.7 | -6.4 |
Pampalo production EBITDA | MEUR | 0.9 | 0.4 | 3.3 | 0.6 |
% of revenue | % | 10 % | 6 % | 17 % | 5 % |
Depreciation and impairment losses | MEUR | -1.2 | -1.6 | -2.3 | -8.3 |
Operating result | MEUR | -2.2 | -4.5 | -3.0 | -14.7 |
Net result | MEUR | -3.5 | -7,0 | -5.3 | -17.5 |
Net gearing ratio | % | 46 % | 19 % | 46 % | 19 % |
Equity ratio | % | 55 % | 66 % | 55 % | 66 % |
Earnings per share | EUR | -0.4 | -1,0 | -0.6 | -2.7 |
Cash Cost in Pampalo, excl. investments | EUR/oz | 1 399.00 | 1 385.90 | 1 278.00 | 1 501.00 |
Financial figures for the last five years
Key Figures | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
---|---|---|---|---|---|---|
Production | ||||||
Milled ore (tonnes) | 212 892 | 132 806 | 4 950 | 6 658 | 0 | 116 456 |
Head grade (Au grams per tonne) | 2,2 | 2,4 | 2,9 | 3,5 | 0 | 3,3 |
Gold recovery (%) | 83 | 83 | 84 | 71,5 | 0 | 82,6 |
Hourly utilisation (%) | 68 | 43 | 55,5 | 35,7 | 0 | 39,3 |
Gold production (kg) | 397,8 | 267,5 | 14,3 | 16,7 | 0 | 331,3 |
Gold production (oz) | 12 790 | 8 601 | 460,3 | 538,1 | 0 | 10 651 |
Financial figures | ||||||
Revenue growth rate | 46 % | 100 % | -100 % | 126 % | -94 % | -14 % |
EBITDA margin | -3 % | -47 % | 0 % | -596 % | -841 % | 6 % |
Operating marking | -15 % | -109 % | 0 % | -1410 % | -905 % | -46 % |
Net margin | -27 % | -130 % | 0 % | -1504 % | -1322 % | -36 % |
Equity ratio | 54 % | 66 % | 55 % | 57 % | 57 % | 50 % |
Gearing | 46 % | 19 % | 55 % | 59 % | 59 % | 74 % |
Return on equity | -15 % | -53 % | -82 % | -59 % | -26 % | -25 % |
Average number of employees | 45 | 42 | 53 | 46 | 34 | 38 |
Calcula on formulas for 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 ra o-% = 100 * (interest-bearing liabilities – liquid cash assets) / equity
- Equity ratio-% = 100 * equity / (adjusted balance sheet total – advance payments based on work performed)