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SSR MINING INC. (SSRI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
   10-K/A10-K/A10-K/A10-KSource
Total revenues  1,148.01,474.2853.1606.90.0
            Revenue growth  -22.1%72.8%40.6%  
Cost of goods sold  700.5702.5480.4349.60.0
Gross profit  447.5771.7372.7257.20.0
            Gross margin  39.0%52.3%43.7%42.4% 
Selling, general and administrative   [+]71.756.633.631.1 
Equity in earnings  -0.3-3.0-1.4  
Other operating expenses  4.122.541.622.1 
EBITDA   [+]371.4689.7296.1204.0 
            EBITDA margin  32.3%46.8%34.7%33.6% 
Depreciation and amortization  181.4228.0109.385.6 
EBIT   [+]189.9461.7186.8118.40.0
            EBIT margin  16.5%31.3%21.9%19.5% 
Non-recurring items   [+] 20.3   
Interest expense  19.119.113.912.8 
Other income (expense), net   [+]70.0-7.628.831.0 
Pre-tax income  240.8414.8201.8136.70.0
Income taxes  30.1-14.143.235.40.0
            Tax rate  12.5% 21.4%25.9% 
Minority interest  16.357.85.6-1.6 
Net income  194.1368.1151.5102.80.0
            Net margin  16.9%25.0%17.8%16.9% 
   
Basic EPS   [+]$0.87$1.61$0.93$0.76 
Diluted EPS   [+]$0.87$1.61$0.93$0.76 
   
Shares outstanding (basic)   [+]222.5228.2163.7135.4 
Shares outstanding (diluted)   [+]222.5228.2163.7135.4 
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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