See more : Global Infotech Co., Ltd. (300465.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of Soma Gold Corp. (SMAGF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Soma Gold Corp., a leading company in the Gold industry within the Basic Materials sector.
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Soma Gold Corp. (SMAGF)
About Soma Gold Corp.
Soma Gold Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties in South America. The company's principal operation is the El Bagre gold mining complex, which consists of an operating gold processing plant, the La Ye and Los Mangos operating underground gold mines, and the Cordero underground mine development project located in the Antioquia, Colombia. It also holds a 100% interest in the Zara exploration properties covering an area of approximately 29,000 hectares located in Antioquia, Colombia; and the El Limon gold mine located in Colombia. In addition, the company holds interest in the Nechí Gold project located in Antioquia, Colombia. The company was formerly known as Para Resources Inc. and changed its name to Soma Gold Corp. in May 2020. Soma Gold Corp. is headquartered in Vancouver, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 81.16M | 52.96M | 39.97M | 23.05M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 53.21M | 37.41M | 27.90M | 14.69M | 22.38K | 31.80K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 27.95M | 15.54M | 12.06M | 8.36M | -22.38K | -31.80K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 34.44% | 29.35% | 30.18% | 36.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.82M | 6.08M | 5.38M | 5.99M | 3.21M | 6.39M | 5.14M | 2.13M | 472.52K | 310.51K | 441.41K | 1.41M | 102.02K |
| Selling & Marketing | 4.17M | -3.16M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 6.99M | 2.91M | 5.38M | 5.99M | 3.21M | 6.39M | 5.14M | 2.13M | 472.52K | 310.51K | 441.41K | 1.41M | 102.02K |
| Other Expenses | 0.00 | 209.26K | 301.88K | -1.03M | 53.15K | -36.50K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 27.95M | 2.91M | 5.38M | 5.99M | 3.35M | 6.46M | 5.19M | 2.14M | 472.52K | 310.51K | 477.44K | 1.46M | 102.02K |
| Cost & Expenses | 60.10M | 40.33M | 33.28M | 20.68M | 3.38M | 6.50M | 5.19M | 2.14M | 472.52K | 310.51K | 477.44K | 1.46M | 102.02K |
| Interest Income | 0.00 | 0.00 | 0.00 | 348.13K | 160.55K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 6.48M | 4.95M | 5.29M | 3.06M | 2.09M | 2.84M | 1.65M | 790.87K | 124.99K | 73.47K | 21.54K | 0.00 | 0.00 |
| Depreciation & Amortization | 10.65M | 3.85M | 3.10M | 1.17M | 22.38K | 31.80K | 58.93K | 6.75K | 0.00 | 0.00 | 19.32K | 0.00 | 0.00 |
| EBITDA | 31.11M | 12.56M | 10.16M | 2.85M | -4.67M | -5.11M | -5.58M | -1.43M | -472.52K | -310.51K | -477.44K | -1.46M | -102.02K |
| EBITDA Ratio | 38.33% | 31.12% | 25.24% | 12.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 20.85M | 12.63M | 6.99M | 1.69M | -3.29M | -6.53M | -5.19M | -2.14M | -472.52K | -310.51K | -496.76K | -1.46M | -102.02K |
| Operating Income Ratio | 25.69% | 23.85% | 17.49% | 7.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -6.87M | -9.14M | -4.22M | 5.83M | -32.97M | -4.43M | -1.90M | 14.53K | -421.45K | -73.47K | -2.89M | 0.00 | -84.24K |
| Income Before Tax | 13.97M | 3.76M | 2.77M | 8.72M | -36.27M | -11.71M | -7.09M | -2.12M | -893.97K | -383.98K | -3.39M | -1.46M | 0.00 |
| Income Before Tax Ratio | 17.22% | 7.10% | 6.92% | 37.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 11.18M | 3.50M | 3.98M | 1.72M | -3.79M | -1.02M | 1.29M | 3.77K | 0.00 | 0.00 | 2.22K | 0.00 | 102.02K |
| Net Income | 2.80M | 257.54K | -1.22M | 6.72M | -37.66M | -10.14M | -6.74M | -1.91M | -893.97K | -383.98K | -3.39M | -1.46M | -102.02K |
| Net Income Ratio | 3.45% | 0.49% | -3.05% | 29.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 0.03 | 0.00 | -0.02 | 0.15 | -1.79 | -0.65 | -0.57 | -0.33 | -0.35 | -0.62 | -6.04 | -5.22 | -1.21 |
| EPS Diluted | 0.03 | 0.00 | -0.02 | 0.14 | -1.79 | -0.65 | -0.57 | -0.33 | -0.35 | -0.62 | -6.04 | -5.22 | -1.21 |
| Weighted Avg Shares Out | 93.23M | 85.06M | 63.86M | 45.33M | 21.05M | 15.50M | 11.76M | 5.82M | 2.56M | 619.80K | 561.16K | 280.81K | 84.60K |
| Weighted Avg Shares Out (Dil) | 93.90M | 87.22M | 63.86M | 49.27M | 21.05M | 15.50M | 11.76M | 5.82M | 2.56M | 619.80K | 561.16K | 280.81K | 84.60K |
Soma Gold forecasts higher output in 2025
Soma Gold Corp. (TSX-V:SOMA, OTCQX:SMAGF) reported third-quarter financial results and provided updates on its operations and exploration efforts for the nine months ending September 30, 2024, highlighting progress in its Colombian projects. The company produced 6,639 gold equivalent (AuEq) ounces...
Soma Gold strengthens board with appointment of seasoned executive
Soma Gold Corp. (TSX-V:SOMA, OTCQX:SMAGF) has announced the appointment of seasoned executive Terry Krepiakevich to its board of directors. The company highlighted that Krepiakevich has extensive experience in financial oversight and corporate governance and has previously served as Director and...
Soma Gold extends Venus Vein at Cordero Mine in Colombia
Soma Gold Corp. (TSX-V:SOMA, OTCQX:SMAGF) announced that initial results from its 2024 drill program at the Cordero Mine on the Bagre project in Columbia have extended the Venus Vein. Ten diamond drill holes totalling 1,476 meters aimed to infill a...
Soma Gold announces promising channel sample results from Colossa Mine
Soma Gold Corp. (TSX-V:SOMA, OTCQX:SMAGF) has reported promising channel sample results from the Colossa Mine, part of the Machuca project in Antioquia, Colombia. During recent exploration, five channel samples were collected across four levels of the mine.
Soma Gold mobilizes drill rig to El Limon to explore high-grade gold intercepts
Soma Gold Corp. (TSX-V:SOMA, OTCQX:SMAGF) has deployed a diamond drill rig to its El Limon Mine in Colombia, following a review of historical data that revealed high-grade gold intercepts. The 2024 drill program will focus on determining whether the vein...
Soma Gold extends strike length of gold-bearing vein at Cordero Mine
Soma Gold Corp. (TSX-V:SOMA, OTCQX:SMAGF) has announced updated results from its 2024 diamond drill program at the Cordero Mine on the El Bagre project in Colombia. The company has previously reported results from the first 19 holes of the program,...
Soma Gold appoints in-country manager for Colombian operations
Soma Gold Corp. (TSX-V:SOMA, OTCQX:SMAGF) said it has appointed Hector Manuel Melendez Gomez as its new Country Manager for operations in Colombia. Melendez, a seasoned mining operator with experience in Colombia and Mexico, will oversee Soma's mining activities in the...
Soma Gold sees revenue increase amid shift to higher-grade mining zones
Soma Gold Corp. (TSX-V:SOMA, OTCQX:SMAGF) reported increased revenue during the second quarter of 2024 despite lower production, with plans to boost output by mining higher-grade zones and expanding exploration efforts in the latter half of the year. Revenue for the...
SOMA GOLD REPORTS SECOND-QUARTER FINANCIAL RESULTS AND OPERATING HIGHLIGHTS
Soma sold 7,209 AuEq ounces in Q2-2024 and 14,233 AuEq ounces in the six months ended June 30, 2024 (compared to 15,391 AuEq ounces in H1-2023). Revenue for the quarter was up $22.7 million, with $42.0 million for the six...
Soma Gold reports visible gold and high-grade assays in initial Cordero drill results
Soma Gold Corp. (TSX-V:SOMA, OTCQX:SMAGF) has reported promising initial high-grade gold intercepts from its 2024 diamond drill program at the Cordero Mine in central Colombia, which could add ounces to its mine plan. Highlights from the assays include 3.7 meters...
Source: https://incomestatements.info
Category: Stock Reports