Santacruz Silver Mining (SCZM) Financial Statements & Analysis

Santacruz Silver Mining (SCZM) Income Statement

Santacruz Silver Mining reported revenue of $326.38M in fiscal 2025 (fiscal year ended Mar 31, 2026), up 15.3% from $282.99M a year earlier. Net income was $42.22M, down 74.3% year over year, a net margin of 12.9%. Gross margin was 33.5% and operating margin 25.4%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $110.53M, up 50.8% from the same quarter a year earlier.

Santacruz Silver Mining Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Santacruz Silver Mining Ltd. 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 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 2020	Mar 2020	Mar 2019	Dec 2017
Revenue & Gross Profit
Revenue	326.38	326.38	282.99	282.99	251.26	251.26	278.59	278.59	53.33	53.33	33.10	33.10	29.11	13.15	11.40
Cost of Revenue	216.98	199.49	206.06	206.06	187.28	199.43	255.72	255.72	43.04	40.67	32.11	32.11	30.82	17.21	16.55
Gross Profit	109.40	126.89	76.93	76.93	63.98	51.82	22.87	22.87	10.30	12.66	0.99	0.99	-1.71	-4.06	-5.16
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	17.75	22.31	24.41	24.31	26.65	26.29	22.81	18.89	15.30	11.93	6.16	6.11	4.06	1.51	1.56
Operating Expenses	26.49	46.00	44.12	46.01	56.03	61.11	24.05	24.05	15.76	20.76	6.73	7.01	16.81	1.60	22.38
Operating Income	82.91	80.89	32.81	30.92	7.95	-9.28	0.07	-1.18	-6.77	-8.10	-5.74	-6.02	-18.52	-4.22	-27.53
Other Income/Expense
Interest Income	2.57	1.51	3.40	0.48	0.58	0.58	0.95	0.95	0.27	0.27	0.22	0.22	0.00	0.00	0.02
Interest Expense	2.73	-2.73	2.22	-2.22	2.50	-2.76	4.26	4.26	3.29	-3.29	0.80	-0.80	0.98	0.89	0.29
Other Income/Expense	-8.21	6.46	159.22	0.46	18.43	0.71	-14.06	-12.86	-1.47	-0.25	4.34	4.78	-1.87	0.00	3.04
Income
Income Before Tax	74.70	74.70	192.04	192.04	26.38	-7.91	-13.99	-13.99	-8.24	-8.24	-1.40	-1.40	-20.39	-4.23	-24.49
Income Tax Expense	32.48	32.48	27.55	27.55	10.23	3.10	4.51	4.51	3.32	3.32	0.09	0.09	0.04	0.41	-1.59
Net Income	42.22	42.22	164.48	164.48	16.15	-11.01	-18.51	-18.51	-11.57	-11.57	-1.49	-1.49	-20.57	-4.64	-22.91
Net Income - Continuous Operations	42.22	42.22	164.48	164.48	16.15	-11.01	-18.51	-18.51	-11.57	-11.57	-1.49	-	-20.57	-4.64	-22.91
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	99.01	102.03	52.52	51.84	50.70	23.91	4.91	4.91	-0.82	-3.96	0.11	-5.26	-18.27	-1.34	-22.05
EBIT	-	80.89	-	30.92	-	-9.28	-	-9.73	-	-8.10	-	-6.02	-	-	-
Depreciation & Amortization	21.58	21.14	19.71	20.92	21.83	33.19	14.65	14.65	4.14	4.14	0.71	0.76	1.14	2.00	2.16
Earnings Per Share
Basic EPS	-	-	2.00	2.00	-	-	-	-	-	-	-	-	-	-	-1.00
Diluted EPS	-	-	2.00	2.00	-	-	-	-	-	-	-	-	-	-	-1.00
Basic Shares Outstanding	89.85	89.85	89.06	88.44	87.49	87.49	84.78	84.78	77.00	77.00	55.29	55.29	45.41	43.61	42.08
Diluted Shares Outstanding	92.20	92.20	89.06	89.06	88.07	88.07	84.78	84.78	77.00	77.00	55.29	55.29	45.41	43.61	42.08

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

Frequently Asked Questions About Santacruz Silver Mining Financial Statements

What was Santacruz Silver Mining's revenue in fiscal 2025?

Santacruz Silver Mining reported revenue of $326.38M in fiscal 2025 (fiscal year ended Mar 31, 2026). That was up 15.3% from $282.99M a year earlier.

Is Santacruz Silver Mining profitable?

Yes. Santacruz Silver Mining earned net income of $42.22M in fiscal 2025, a net margin of 12.9%. In fiscal 2024 it earned $164.48M.

What is Santacruz Silver Mining's operating margin?

Santacruz Silver Mining's operating income was $82.91M on revenue of $326.38M in fiscal 2025, an operating margin of 25.4%, compared with 11.6% 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