Alkane Resources Limited
Alkane Resources Limited (ALKEF) Financial Performance & Income Statement Overview
Explore the financials of Alkane Resources Limited (ALKEF), including yearly and quarterly data on income, cash flow, and balance sheets.
Alkane Resources Limited (ALKEF) Income Statement & Financial Overview
Review Alkane Resources Limited ALKEF income statement with detailed quarterly and annual figures.
| Metric | Q4 2024 | Q2 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| Revenue | $83.93M | $89.06M | $97.06M | $48.53M |
| Cost of Revenue | $70.25M | $70.04M | $69.31M | $33.47M |
| Gross Profit | $13.68M | $19.02M | $27.76M | $15.07M |
| Gross Profit Ratio | $0.16 | $0.21 | $0.29 | $0.31 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $5.29M | $3.34M | $2.82M | $2.47M |
| Operating Expenses | $5.29M | $3.01M | $2.82M | $2.77M |
| Total Costs & Expenses | $75.54M | $73.05M | $72.13M | $36.24M |
| Interest Income | $783000.00 | $1.74M | $1.65M | $586500.00 |
| Interest Expense | $1.47M | $876000.00 | $540000.00 | $0.00 |
| Depreciation & Amortization | $21.55M | $14.60M | $18.39M | $9.44M |
| EBITDA | $29.51M | $30.28M | $43.33M | $21.66M |
| EBITDA Ratio | $0.35 | $0.34 | $0.45 | $0.45 |
| Operating Income | $8.39M | $16.006M | $24.93M | $12.22M |
| Operating Income Ratio | $0.10 | $0.18 | $0.26 | $0.25 |
| Other Income/Expenses (Net) | -$816000.00 | $865000.00 | $830000.00 | $659500.00 |
| Income Before Tax | $7.57M | $16.87M | $25.76M | $12.88M |
| Income Before Tax Ratio | $0.09 | $0.19 | $0.27 | $0.27 |
| Income Tax Expense | $2.32M | $4.45M | $8.006M | $4.003M |
| Net Income | $5.25M | $12.43M | $17.76M | $8.88M |
| Net Income Ratio | $0.06 | $0.14 | $0.18 | $0.18 |
| EPS | $0.009 | $0.02 | $0.03 | $0.01 |
| Diluted EPS | $0.009 | $0.02 | $0.03 | $0.01 |
| Weighted Avg Shares Outstanding | $603.49M | $603.16M | $600.69M | $609.28M |
| Weighted Avg Shares Outstanding (Diluted) | $613.12M | $612.07M | $609.26M | $608.33M |
Over the last four quarters, Alkane Resources Limited achieved steady financial progress, growing revenue from $48.53M in Q3 2023 to $83.93M in Q4 2024. Gross profit stayed firm with margins at 16% in Q4 2024 versus 31% in Q3 2023. Operating income totaled $8.39M in Q4 2024, maintaining a 10% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $29.51M. Net income dropped to $5.25M, with EPS at $0.009. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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