Fortuna Mining Corp. (TSX:FVI)

Fortuna Mining Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	305.05	231.33	128.15	80.49	107.1	131.9
Short-Term Investments	4.36	-	-	-	0.42	1.06
Cash & Short-Term Investments	309.4	231.33	128.15	80.49	107.51	132.96
Cash Growth	252.70%	80.52%	59.20%	-25.13%	-19.14%	59.41%
Accounts Receivable	18.43	26.7	19.97	23.98	25.72	26.31
Other Receivables	72.73	73.11	49.48	37.46	48.06	46.14
Receivables	91.16	99.81	69.45	61.44	73.78	72.45
Inventory	135.91	134.5	115.83	92.03	85.82	35.27
Prepaid Expenses	12.11	15.94	14.6	11.18	8.06	2.62
Other Current Assets	28.82	4.67	5.3	7.57	5.91	4.77
Total Current Assets	577.4	486.24	333.33	252.71	281.08	248.07
Property, Plant & Equipment	1,516	1,539	1,574	1,568	1,712	791.13
Long-Term Deferred Charges	1.34	1.39	-	-	-	-
Other Long-Term Assets	91.5	88.71	60.33	55.89	28.49	16.14
Total Assets	2,187	2,116	1,968	1,876	2,022	1,055
Accounts Payable	95.99	91.18	100.39	72.57	82.53	31.57
Accrued Expenses	38.07	44.9	32.5	31.26	36.03	29.34
Current Portion of Long-Term Debt	-	-	43.9	-	-	1.08
Current Portion of Leases	20.53	19.76	14.94	9.42	10.52	6.98
Current Income Taxes Payable	98.19	80.12	31.78	11.59	20.56	23.81
Other Current Liabilities	30.45	20.08	20.26	10.24	17.12	3.66
Total Current Liabilities	283.24	256.03	243.77	135.08	166.77	96.44
Long-Term Debt	127.99	126.03	162.95	219.18	157.49	158.62
Long-Term Leases	49.35	48.22	42.46	11.93	18.88	12.52
Long-Term Deferred Tax Liabilities	136.07	144.27	159.86	167.62	191.67	19.5
Other Long-Term Liabilities	61.19	74.92	70.71	53.72	57.54	42.49
Total Liabilities	657.84	649.46	679.74	587.53	592.35	329.57
Common Stock	1,129	1,130	1,125	1,076	1,080	492.31
Retained Earnings	274.89	216.38	87.65	138.49	266.62	208.74
Comprehensive Income & Other	56.48	57.77	25.34	29.93	28.79	24.72
Total Common Equity	1,460	1,404	1,238	1,245	1,375	725.77
Minority Interest	68.51	62.21	49.75	43.94	54.42	-
Shareholders' Equity	1,529	1,466	1,288	1,289	1,430	725.77
Total Liabilities & Equity	2,187	2,116	1,968	1,876	2,022	1,055
Total Debt	197.88	194.01	264.25	240.52	186.89	179.2
Net Cash (Debt)	111.53	37.32	-136.1	-160.03	-79.38	-46.24
Net Cash Per Share	0.36	0.12	-0.46	-0.55	-0.32	-0.25
Filing Date Shares Outstanding	306.96	306.53	306.59	290.26	291.88	184.2
Total Common Shares Outstanding	306.96	306.93	306.59	290.22	291.53	184.2
Working Capital	294.16	230.21	89.56	117.63	114.31	151.63
Book Value Per Share	4.76	4.57	4.04	4.29	4.72	3.94
Tangible Book Value	1,460	1,404	1,238	1,245	1,375	725.77
Tangible Book Value Per Share	4.76	4.57	4.04	4.29	4.72	3.94
Construction In Progress	39.9	73.89	44.22	154.65	57.76	188.96

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.