New Gold Inc.
New Gold Inc. (NGD.TO) Financial Performance & Income Statement Overview
Review New Gold Inc. (NGD.TO) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
New Gold Inc. (NGD.TO) Income Statement & Financial Overview
Explore comprehensive income reports for New Gold Inc. NGD.TO, broken down by year and quarter.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $262.20M | $252.00M | $211.66M | $191.24M |
| Cost of Revenue | $169.10M | $165.90M | $186.66M | $170.73M |
| Gross Profit | $93.10M | $86.10M | $24.99M | $20.51M |
| Gross Profit Ratio | $0.36 | $0.34 | $0.12 | $0.11 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $8.70M | $14.40M | $8.70M | $6.57M |
| Operating Expenses | $15.90M | $20.10M | $8.70M | $6.57M |
| Total Costs & Expenses | $185.00M | $186.00M | $195.36M | $177.30M |
| Interest Income | $1.30M | $1.70M | $1.80M | $2.10M |
| Interest Expense | $7.60M | $1.31M | $300000.00 | $800000.00 |
| Depreciation & Amortization | $56.70M | $58.60M | $71.19M | $63.52M |
| EBITDA | $128.90M | $97.98M | $95.28M | $24.69M |
| EBITDA Ratio | $0.49 | $0.39 | $0.45 | $0.13 |
| Operating Income | $77.20M | $66.00M | $16.30M | $13.94M |
| Operating Income Ratio | $0.29 | $0.26 | $0.08 | $0.07 |
| Other Income/Expenses (Net) | -$12.60M | -$29.90M | -$1.00M | -$55.60M |
| Income Before Tax | $64.60M | $36.10M | $23.00M | -$40.32M |
| Income Before Tax Ratio | $0.25 | $0.14 | $0.11 | -$0.21 |
| Income Tax Expense | $9.50M | -$1.80M | -$30.09M | $2.99M |
| Net Income | $55.10M | $37.90M | $53.10M | -$43.31M |
| Net Income Ratio | $0.21 | $0.15 | $0.25 | -$0.23 |
| EPS | $0.07 | $0.05 | $0.07 | -$0.06 |
| Diluted EPS | $0.07 | $0.05 | $0.07 | -$0.06 |
| Weighted Avg Shares Outstanding | $752.20M | $790.70M | $738.60M | $687.60M |
| Weighted Avg Shares Outstanding (Diluted) | $758.40M | $796.10M | $744.90M | $687.60M |
Over the last four quarters, New Gold Inc. achieved steady financial progress, growing revenue from $191.24M in Q1 2024 to $262.20M in Q4 2024. Gross profit stayed firm with margins at 36% in Q4 2024 versus 11% in Q1 2024. Operating income totaled $77.20M in Q4 2024, maintaining a 29% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $128.90M. Net income rose to $55.10M, with EPS at $0.07. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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