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Gold Resource Corporation Income Statement 2025-2011 | GORO
Brief overview of income trends at Gold Resource Corporation
The conclusions below are based on five years of reported results. The revenue attributed to Gold Resource Corporation moved from $90.7 million to $99.8 million between the two endpoints. The five-year change reached +10%, while CAGR stood at 1.9%. Sales changed only slightly and remained broadly flat.
Gross profit changed from 12.5 million dollars to 26.8 million dollars (+114.5%). The relationship between sales and direct costs improved over the period. At the margin level, the figure shifted from 13.8% to 26.8%. The business retained more gross profit from each unit of revenue.
The operating result measured by EBITDA moved from $17.1 million to $9.2 million, or −46.5%. Operating performance weakened relative to revenue. Comparing the endpoints gives EBITDA margins of 18.9% and 9.2%. A lower EBITDA share weakens the quality of the result.
The final result was $4.4 million initially and −$6.5 million in the final year. The move from profit to loss indicates a material deterioration in final efficiency.
The five-year change in capitalization reached −19.3%: from $199 million to $161 million. Lower capitalization reflects weaker investor expectations.
Financial takeaway
The results contain several connected negative signals. The financial profile benefits from a stronger gross margin. The weaker side of the profile includes weak sales momentum, weaker operating efficiency and a weaker final result. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Gold Resource Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
161 M | 39.5 M | 38.1 M | 76 M | 121 M | 199 M | 346 M | 261 M | 263 M | 284 M | 72.6 M | 189 M | 246 M | 727 M | 1.41 B |
Shares |
137 M | 91.9 M | 88.5 M | 88.4 M | 75.3 M | 70.6 M | 63.7 M | 57.5 M | 56.9 M | 55.1 M | 54.2 M | 54.1 M | 53.3 M | 52.8 M | 53 M |
Historical Prices |
1.17 | 0.43 | 0.43 | 0.86 | 1.61 | 2.64 | 3.9 | 4.52 | 3.9 | 4.93 | 1.84 | 3.11 | 4.49 | 10.9 | 19.7 |
Net Income |
-6.46 M | -56.5 M | -24.1 M | -6.32 M | 8.03 M | 4.36 M | 5.83 M | 9.29 M | 4.15 M | 4.39 M | 3.06 M | 16.2 M | 85 K | 33.7 M | 58.4 M |
Revenue |
99.8 M | 65.7 M | 97.7 M | 139 M | 125 M | 90.7 M | 135 M | 115 M | 110 M | 83.2 M | 92.7 M | 115 M | 126 M | 132 M | 105 M |
Cost of Revenue |
73 M | 86.2 M | 103 M | 109 M | 88.4 M | 78.2 M | 91.7 M | 81.6 M | 68 M | - | - | - | - | - | - |
Gross Profit |
26.8 M | -20.5 M | -5.22 M | 29.7 M | 36.7 M | 12.5 M | 29.1 M | 33.7 M | 42.1 M | 22.4 M | 30.3 M | 50.9 M | 58.3 M | 87.8 M | 87.2 M |
Operating Income |
-3.05 M | -47.2 M | -30 M | 2.24 M | 17.6 M | -758 K | 15.5 M | 19 M | 28.5 M | 9.15 M | 10.5 M | 31.6 M | 10.3 M | 49.7 M | 45.7 M |
Interest Expense |
-1.83 M | -92 K | 551 K | -985 K | 388 K | -42 K | -5 K | 195 K | -553 K | -224 K | 87 K | 85 K | 579 K | 87 K | 9 K |
EBITDA |
9.15 M | -27.4 M | -3.9 M | 29.6 M | 33.8 M | 17.1 M | 37.9 M | 33.4 M | 44.5 M | 20.4 M | 22 M | 36.5 M | 13 M | 51.2 M | 46.5 M |
Operating Expenses |
- | - | - | - | - | 13 M | 14.5 M | 15.5 M | 12.6 M | 13.8 M | 17.4 M | 19.3 M | 47.9 M | 38.1 M | 41.5 M |
General and Administrative Expenses |
4.26 M | 4.28 M | 6.58 M | 8.05 M | 6.9 M | 10.6 M | 9.95 M | 9.32 M | 8.12 M | 9.53 M | 10.3 M | 12.3 M | 16.3 M | 13.5 M | 15.6 M |
All numbers in USD currency
Quarterly Income Statement Gold Resource Corporation
| 2025-Q1 | 2024-Q4 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
112 M | 95.3 M | 91 M | 88.7 M | 88.7 M | 88.5 M | 88.4 M | 88.4 M | - | 88.3 M | 88.3 M | 88.3 M | 74.6 M | 74.5 M | 74.4 M | 74.4 M | 70.6 M | 70 M | 66 M | 65.7 M | 65.5 M | 62.8 M | 60.7 M | 58 M | 57.6 M | 57.3 M | 57.1 M | 56.9 M | 56.9 M | 56.8 M | 56.8 M | 56.6 M | 55.8 M | 54.3 M | 54.3 M | 54.2 M | 54.2 M | 54.2 M | 54.2 M | 54.1 M | 54.2 M | 54.2 M | 53.9 M | 53.7 M | 53.3 M | 53.3 M | 52.7 M | 52.7 M | 52.8 M | 52.9 M | 52.9 M | 52.9 M | 53 M | 53 M | 53 M |
Net Income |
-8.32 M | - | -27.7 M | -5.68 M | - | -4.58 M | -1.04 M | - | - | 2.67 M | 4.02 M | - | 1.53 M | 1.28 M | 2.53 M | - | 5 M | -1.81 M | -3.12 M | 174 K | 2.98 M | 1.8 M | 882 K | 858 K | -781 K | 3.75 M | 5.46 M | -5.67 M | 4.15 M | 4.15 M | 4.15 M | -3.61 M | 4.39 M | 4.39 M | 4.39 M | -2.33 M | -469 K | 812 K | 5.05 M | 2.21 M | -1.46 M | 7.16 M | 7.12 M | -4.1 M | -1.83 M | -1.37 M | 7.39 M | 8.74 M | 7.3 M | 4.13 M | 13.5 M | 38 M | 15.2 M | 3.14 M | 2.03 M |
Revenue |
12.4 M | - | 20.8 M | 18.7 M | - | 24.8 M | 31.2 M | - | - | 37.1 M | 45.4 M | - | 29 M | 30.8 M | 27.3 M | - | 26.4 M | 12.5 M | 22.1 M | 39.3 M | 40.1 M | 29.4 M | 26.6 M | 28.1 M | 24.3 M | 30.8 M | 32.2 M | 33.3 M | 31.1 M | 21.4 M | 24.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
13.8 M | - | 24.4 M | 20.9 M | - | 27 M | 27.3 M | - | - | 29 M | 26.1 M | - | 20.8 M | 24 M | 18.7 M | - | 20.7 M | 13.8 M | 22 M | - | 30.7 M | 22.9 M | 21.1 M | - | 21 M | 21.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
-1.45 M | - | -3.59 M | -2.17 M | - | -2.17 M | 3.93 M | - | - | 8.02 M | 19.3 M | - | 8.24 M | 6.88 M | 8.58 M | - | 5.76 M | -1.3 M | 128 K | 7.87 M | 9.32 M | 6.49 M | 5.44 M | 7.96 M | 3.29 M | 9.52 M | 12.9 M | 15.3 M | 11.2 M | 5.23 M | 10.4 M | 1.22 M | 5.36 M | 12.4 M | 3.45 M | 4.93 M | 4.44 M | 6.92 M | 14 M | 10 M | 8.02 M | 16.6 M | 16.2 M | 9.7 M | 11.4 M | 11.1 M | 26 M | 16.2 M | 23.8 M | 17.9 M | 29.9 M | 28.2 M | 29.9 M | 15.4 M | 7.12 M |
Operating Income |
-7.79 M | - | -11.3 M | -7.56 M | - | -6.46 M | -1.17 M | - | - | 6.45 M | 9.37 M | - | 3.88 M | 3.03 M | 5.12 M | - | 2.68 M | -1.72 M | -4.59 M | - | 5.4 M | 3.26 M | 1.95 M | - | -719 K | 5.54 M | 9.1 M | - | 7.68 M | 1.81 M | 7.32 M | -4.72 M | 2.38 M | 10.6 M | 772 K | 1.98 M | -282 K | 1.64 M | 9.58 M | 7.32 M | -415 K | 12.8 M | 11.9 M | 635 K | -1.88 M | -768 K | 12.3 M | 6.41 M | 13.6 M | 8.18 M | 21.5 M | 14.9 M | 21.9 M | 6.72 M | 2.15 M |
Interest Expense |
556 K | - | -1.23 M | 151 K | - | -132 K | 35 K | - | - | 35 K | -124 K | - | 30 K | -13 K | 448 K | - | -30 K | -85 K | 13 K | - | -92 K | -84 K | -18 K | - | 28 K | 14 K | 7 K | - | -4 K | 48 K | -13 K | - | 106 K | 8 K | 18 K | - | 19 K | 25 K | 26 K | - | 43 K | 11 K | 85 K | - | 48 K | -65 K | -2 K | - | -31 K | -37 K | 3 K | - | -6 K | -9 K | 6 K |
EBITDA |
-4.87 M | - | - | -2.98 M | - | - | 6.11 M | - | - | 6.45 M | 15.4 M | - | 3.88 M | 3.03 M | 8.56 M | - | 10.1 M | 3.38 M | 1.52 M | - | 11.7 M | 7.46 M | 5.72 M | - | 2.98 M | 9.24 M | 12.8 M | - | 11.6 M | 5.81 M | 9.98 M | -4.72 M | 5.68 M | 13.8 M | 3.63 M | 1.98 M | 1.32 M | 3.94 M | 11 M | 7.32 M | 785 K | 13.9 M | 12.7 M | 635 K | 7 K | 420 K | 13 M | 6.41 M | 14.7 M | 8.7 M | 21.8 M | 14.9 M | 22.4 M | 7.05 M | 2.3 M |
General and Administrative Expenses |
1.14 M | - | 781 K | 955 K | - | 2.13 M | 1.19 M | - | - | 1.92 M | 1.9 M | - | 2.36 M | 2.13 M | 1.58 M | - | 2.36 M | 1.8 M | 1.8 M | - | 2.19 M | 2.71 M | 2.01 M | - | 2.14 M | 2.22 M | 2.35 M | - | 1.95 M | 1.68 M | 1.81 M | - | 2.03 M | 1.67 M | 2.18 M | - | 2.91 M | 2.39 M | 2.73 M | - | 4.36 M | 2.25 M | 3.01 M | - | 5.48 M | 3.46 M | 4.38 M | - | 2.93 M | 3.4 M | 2.63 M | - | 1.81 M | 1.59 M | 1.74 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Gold Resource Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.
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