Key Q4 2024 metrics and QoQ trend highlights:
- Revenue: USD 22,834,916; QoQ increase from Q2 2024 (USD 20,009,967) of ~14% driven by higher sales volumes and a favorable gold price environment.
- Gross Profit: USD 15,217,550; Gross Margin: 66.64% (vs. Q2 gross margin 58.38%), indicating improved product mix and cost control.
- EBITDA: USD 9,094,790; EBITDA Margin: 39.82% (vs. Q2 36.35%), reflecting operating leverage from higher revenue and stable fixed costs.
- Operating Income: USD 9,537,377; Operating Margin: 41.77% (vs. Q2 35.52%), underscoring efficient mine operations.
- Net Income: USD 3,483,305; Net Margin: 15.25% (vs. Q2 14.93%), supported by lower net financing costs and tax impact consistent with the quarter.
- Earnings per Share (Basic/Diluted): USD 0.0086; Shares (WAVG): 405.315 million.
- Cash Flow: Operating cash flow USD 9,056,473; Free cash flow USD 4,979,975; Capex USD 4,076,498.
- Balance Sheet: Cash and cash equivalents USD 20,544,037; Total assets USD 72,680,151; Total liabilities USD 18,248,113; Total equity USD 47,781,533; Net debt position: negative USD 19,075,680 (i.e., net cash).
- Liquidity and leverage: Current ratio ≈ 2.01; Quick ratio ≈ 1.40; Debt to equity ≈ 3.6%; Cash-rich balance sheet with limited interest-bearing debt.