Syrah Resources Limited
Syrah Resources Limited (SYR.AX) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Syrah Resources Limited (SYR.AX), covering cash flow, earnings, and balance sheets.
Syrah Resources Limited (SYR.AX) Income Statement & Financial Overview
Explore comprehensive income reports for Syrah Resources Limited SYR.AX, broken down by year and quarter.
| Metric | Q2 2024 | Q4 2023 | Q2 2023 | Q4 2022 |
|---|---|---|---|---|
| Revenue | $28.55M | $29.62M | $42.02M | $84.28M |
| Cost of Revenue | $81.05M | $48.52M | $60.45M | $78.39M |
| Gross Profit | -$52.50M | -$18.90M | -$18.43M | $5.89M |
| Gross Profit Ratio | -$1.84 | -$0.64 | -$0.44 | $0.07 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $20.37M | $21.55M | $25.15M | $35.30M |
| Operating Expenses | $20.37M | $35.008M | $31.73M | $41.18M |
| Total Costs & Expenses | $101.42M | $83.53M | $92.19M | $119.57M |
| Interest Income | $0.00 | $1.25M | $1.38M | $2.40M |
| Interest Expense | $0.00 | $13.53M | $7.36M | $2.25M |
| Depreciation & Amortization | $11.87M | $9.92M | $8.18M | $8.31M |
| EBITDA | -$60.79M | -$43.99M | -$41.98M | -$18.90M |
| EBITDA Ratio | -$2.13 | -$1.49 | -$1.00 | -$0.32 |
| Operating Income | -$72.87M | -$53.91M | -$50.16M | -$35.29M |
| Operating Income Ratio | -$2.55 | -$1.82 | -$1.19 | -$0.42 |
| Other Income/Expenses (Net) | -$27.06M | -$14.010M | -$5.07M | $5.84M |
| Income Before Tax | -$99.94M | -$67.92M | -$55.95M | -$29.46M |
| Income Before Tax Ratio | -$3.50 | -$2.29 | -$1.33 | -$0.35 |
| Income Tax Expense | $670142.00 | $3.62M | $1.19M | -$4.19M |
| Net Income | -$100.61M | -$71.59M | -$55.05M | -$23.37M |
| Net Income Ratio | -$3.52 | -$2.42 | -$1.31 | -$0.28 |
| EPS | -$0.12 | -$0.10 | -$0.08 | -$0.03 |
| Diluted EPS | -$0.12 | -$0.10 | -$0.08 | -$0.03 |
| Weighted Avg Shares Outstanding | $851.81M | $689.08M | $688.99M | $683.65M |
| Weighted Avg Shares Outstanding (Diluted) | $851.81M | $689.08M | $688.99M | $683.65M |
The company's financials show resilient growth, with revenue advancing from $84.28M in Q4 2022 to $28.55M in Q2 2024. Gross profit remained healthy with margins at -184% in Q2 2024 compared to 7% in Q4 2022. Operating income hit -$72.87M last quarter, sustaining a consistent -255% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$60.79M. Net income dropped to -$100.61M, while earnings per share reached -$0.12. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan