Equinox Gold Corp.
Equinox Gold Corp. (EQX.TO) Financial Performance & Income Statement Overview
Explore the financials of Equinox Gold Corp. (EQX.TO), including yearly and quarterly data on income, cash flow, and balance sheets.
Equinox Gold Corp. (EQX.TO) Income Statement & Financial Overview
Review Equinox Gold Corp. EQX.TO income statement with detailed quarterly and annual figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $574.98M | $428.39M | $269.38M | $241.32M |
| Cost of Revenue | $339.43M | $327.008M | $245.59M | $229.96M |
| Gross Profit | $235.56M | $101.38M | $23.79M | $11.36M |
| Gross Profit Ratio | $0.41 | $0.24 | $0.09 | $0.05 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $17.19M | $12.84M | $12.47M | $13.91M |
| Operating Expenses | $87.84M | $17.20M | $12.47M | $16.61M |
| Total Costs & Expenses | $427.27M | $344.20M | $258.11M | $246.57M |
| Interest Income | $1.72M | $1.95M | $2.37M | $1.97M |
| Interest Expense | $36.50M | $19.73M | $20.66M | $17.44M |
| Depreciation & Amortization | $72.55M | $59.27M | $44.38M | $46.21M |
| EBITDA | $219.46M | $116.68M | $55.68M | $29.10M |
| EBITDA Ratio | $0.38 | $0.27 | $0.21 | $0.12 |
| Operating Income | $147.71M | $84.18M | $11.32M | -$5.25M |
| Operating Income Ratio | $0.26 | $0.20 | $0.04 | -$0.02 |
| Other Income/Expenses (Net) | $32.54M | -$47.42M | $435.58M | -$28.95M |
| Income Before Tax | $180.25M | $36.76M | $446.91M | -$34.21M |
| Income Before Tax Ratio | $0.31 | $0.09 | $1.66 | -$0.14 |
| Income Tax Expense | $82.28M | $36.46M | $163.50M | $8.55M |
| Net Income | $97.96M | $303000.00 | $283.77M | -$42.76M |
| Net Income Ratio | $0.17 | $0.001 | $1.05 | -$0.18 |
| EPS | $0.21 | $0.001 | $0.72 | -$0.13 |
| Diluted EPS | $0.19 | $0.001 | $0.60 | -$0.13 |
| Weighted Avg Shares Outstanding | $454.40M | $428.53M | $392.45M | $323.99M |
| Weighted Avg Shares Outstanding (Diluted) | $459.80M | $434.54M | $471.53M | $323.99M |
The company's financials show resilient growth, with revenue advancing from $241.32M in Q1 2024 to $574.98M in Q4 2024. Gross profit remained healthy with margins at 41% in Q4 2024 compared to 5% in Q1 2024. Operating income hit $147.71M last quarter, sustaining a consistent 26% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $219.46M. Net income rose to $97.96M, while earnings per share reached $0.21. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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