Mako Mining (MAKO) Financial Statements & Analysis

Mako Mining (MAKO) Income Statement

Mako Mining reported revenue of $148.47M in fiscal 2025 (fiscal year ended Mar 31, 2026), up 61.2% from $92.08M a year earlier. Net income was $33.74M, up 76.2% year over year, a net margin of 22.7%. Gross margin was 50.5% and operating margin 36.5%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $62.60M, up 61.7% from the same quarter a year earlier.

Mako Mining Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Mako Mining Corp. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Dec 2025	Mar 2025	Dec 2024	Mar 2024	Dec 2023	Mar 2023	Dec 2022	Mar 2022	Dec 2021	Mar 2021	Dec 2019	Apr 2019	Apr 2018
Revenue & Gross Profit
Revenue	148.47	148.47	92.08	92.08	65.95	65.95	63.38	63.38	35.50	35.50	1.40	12.83	5.84	0.00
Cost of Revenue	73.46	73.46	45.69	38.22	41.94	29.79	51.34	51.34	15.69	15.83	0.67	28.21	7.50	-
Gross Profit	75.02	75.02	46.39	46.39	24.01	22.84	12.04	12.04	12.46	47.96	0.73	-15.37	-1.66	-
Operating Expenses
Research & Development	0.00	-	0.00	-	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.00
Selling, General & Administrative	10.67	10.67	17.13	8.65	15.30	7.19	24.03	6.17	14.75	5.98	13.42	4.34	1.70	3.04
Operating Expenses	20.76	20.76	12.11	11.91	11.69	11.55	17.64	17.64	11.57	12.02	12.09	-6.17	-1.60	3.04
Operating Income	54.26	54.26	46.39	34.47	12.31	11.29	9.84	-5.61	0.11	35.94	-11.36	-9.21	-7.97	-3.04
Other Income/Expense
Interest Income	0.57	0.57	0.05	0.05	0.02	0.02	0.00	0.00	0.13	0.13	0.07	0.77	0.51	0.01
Interest Expense	1.01	1.01	0.78	-0.65	1.36	-0.94	1.68	1.68	1.41	-1.29	0.10	0.03	0.13	0.01
Other Income/Expense	0.44	0.88	-17.04	-5.12	-3.43	-2.40	-19.72	-2.03	10.35	10.02	-0.72	-4.56	-17.18	0.00
Income
Income Before Tax	54.70	54.70	29.35	29.35	8.88	8.88	-9.88	-9.88	10.46	10.46	-12.08	-13.76	-25.15	-3.04
Income Tax Expense	20.96	20.96	10.20	6.97	2.08	2.08	2.10	2.10	0.50	0.50	0.05	0.10	0.08	0.00
Net Income	33.74	33.74	19.15	19.15	6.80	6.80	-11.98	-11.98	9.96	9.96	-12.13	-13.86	-18.76	-0.47
Net Income - Continuous Operations	33.74	33.74	19.15	19.15	6.80	6.80	-11.98	-11.98	9.96	-	-12.13	-13.86	-18.76	-0.47
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	63.93	63.93	37.83	42.17	23.31	24.57	12.25	12.25	18.99	7.72	-11.87	-13.60	-18.52	-3.04
EBIT	-	55.71	-	34.28	-	11.06	-	-8.20	-	0.47	-	-	-	-
Depreciation & Amortization	8.22	0.14	7.70	7.89	13.49	13.51	20.45	0.06	7.23	7.25	0.11	0.14	0.05	0.01
Earnings Per Share
Basic EPS	-	-	-	-	-	-	-	-	-	-	-	-	-1.00	-
Diluted EPS	-	-	-	-	-	-	-	-	-	-	-	-	-1.00	-
Basic Shares Outstanding	81.70	81.70	72.09	72.09	66.51	65.78	65.80	65.80	65.81	65.81	61.69	49.88	23.90	20.05
Diluted Shares Outstanding	83.23	83.23	73.71	73.71	66.51	66.51	65.80	65.80	65.81	65.81	61.69	49.88	23.90	20.05

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Mako Mining Financial Statements

What was Mako Mining's revenue in fiscal 2025?

Mako Mining reported revenue of $148.47M in fiscal 2025 (fiscal year ended Mar 31, 2026). That was up 61.2% from $92.08M a year earlier.

Is Mako Mining profitable?

Yes. Mako Mining earned net income of $33.74M in fiscal 2025, a net margin of 22.7%. In fiscal 2024 it earned $19.15M.

What is Mako Mining's operating margin?

Mako Mining's operating income was $54.26M on revenue of $148.47M in fiscal 2025, an operating margin of 36.5%, compared with 50.4% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition