Almonty Industries Inc. (ALM) Income Statement
ALM 2025 at a glance
Fiscal year ended December 31, 2025 · Canadian dollarsALM revenue and net income
Where ALM's revenue goes
2025Each bar shows an amount and its share of revenue. ALM kept −498.0% of revenue as net income.
ALM profit margins
ALM growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +12.8% | +9.5% | +10.5% | — |
| Gross profit | +73.5% | +10.3% | +43.9% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ALM income statement in Canadian dollars
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | C$32.5M | C$28.8M | C$22.5M | C$24.8M | C$20.8M | C$19.7M |
| Cost of revenue | C$29.1M | C$26.9M | C$21.4M | C$22.2M | C$18.1M | C$19.2M |
| Gross profit | C$3.4M | C$2.0M | C$1.1M | C$2.5M | C$2.8M | C$553,276 |
| Sales, general & admin | C$31.6M | C$8.9M | C$7.0M | C$10.0M | C$7.9M | C$6.0M |
| Total operating expenses | C$31.6M | C$8.9M | C$7.0M | C$10.0M | C$7.9M | C$6.0M |
| Operating income | −C$28.2M | −C$6.9M | −C$5.9M | −C$7.4M | −C$5.1M | −C$5.4M |
| Interest income | C$1.5M | C$2,000 | — | — | — | — |
| Interest expense | C$2.5M | C$4.6M | C$4.3M | C$3.9M | C$3.5M | C$3.0M |
| Income before taxes | −C$161.4M | −C$15.9M | −C$8.8M | −C$14.1M | −C$8.2M | −C$8.0M |
| Income taxes | C$470,000 | C$372,000 | C$67,000 | C$356,000 | −C$492,000 | −C$853,491 |
| Net income | −C$161.9M | −C$16.3M | −C$8.8M | −C$14.5M | −C$7.8M | −C$7.1M |
| EBITDA | −C$28.2M | −C$10.2M | −C$3.4M | −C$9.0M | −C$3.0M | −C$5.3M |
| Gross margin | 10.5% | 6.8% | 4.8% | 10.3% | 13.4% | 2.8% |
| Operating margin | −86.6% | −24.0% | −26.1% | −29.9% | −24.5% | −27.4% |
| Net margin | −498.0% | −56.5% | −39.3% | −58.4% | −37.2% | −36.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$43.0M | C$25.4M | C$8.7M | C$8.7M | C$7.2M | C$7.9M | C$6.3M | C$6.8M | C$5.8M | C$5.8M | C$4.1M |
| Cost of revenue | C$16.9M | C$12.4M | C$7.4M | C$7.4M | C$8.1M | C$7.2M | C$6.8M | C$6.1M | C$4.7M | C$5.1M | C$3.8M |
| Gross profit | C$26.1M | C$13.0M | C$1.3M | C$1.3M | −C$944,000 | C$752,000 | −C$503,000 | C$656,000 | C$1.1M | C$661,479 | C$316,988 |
| Sales, general & admin | C$11.1M | C$10.8M | C$12.1M | C$4.4M | C$10.9M | C$4.3M | C$2.1M | C$2.8M | C$1.5M | C$1.4M | C$1.9M |
| Total operating expenses | C$26.9M | C$10.8M | C$12.1M | C$4.4M | C$10.9M | C$4.3M | C$2.1M | C$2.8M | C$1.5M | C$1.4M | C$1.9M |
| Operating income | C$16.1M | C$2.2M | −C$10.8M | −C$3.1M | −C$11.8M | −C$3.5M | −C$2.6M | −C$2.1M | −C$417,333 | −C$716,848 | −C$1.5M |
| Interest income | C$3.8M | C$2.3M | — | — | C$0 | C$0 | — | — | — | — | — |
| Interest expense | C$5.7M | C$494,000 | C$644,000 | C$1.1M | C$1.1M | C$1.2M | C$969,000 | C$1.0M | C$824,229 | C$1.1M | C$900,873 |
| Income before taxes | C$188.0M | −C$2.5M | −C$102.0M | C$33.4M | −C$58.3M | −C$34.5M | −C$5.4M | −C$4.9M | −C$1.3M | −C$2.8M | −C$2.4M |
| Income taxes | C$6.2M | C$2.7M | C$273,000 | C$163,000 | −C$58,000 | C$92,000 | −C$11,000 | C$378,000 | — | C$3,691 | −C$6,037 |
| Net income | C$181.8M | −C$5.3M | −C$102.3M | C$33.2M | −C$58.2M | −C$34.6M | −C$5.4M | −C$5.3M | −C$1.3M | −C$2.8M | −C$2.4M |
| EBITDA | C$194.1M | −C$1.8M | −C$101.1M | C$34.6M | −C$56.9M | −C$33.0M | −C$4.2M | −C$3.6M | −C$417,333 | −C$716,848 | −C$1.6M |
| Gross margin | 60.7% | 51.2% | 15.1% | 14.4% | −13.1% | 9.5% | −8.0% | 9.7% | 19.0% | 11.5% | 7.7% |
| Operating margin | 37.5% | 8.8% | −123.6% | −36.2% | −164.1% | −44.3% | −42.1% | −31.6% | −7.2% | −12.4% | −37.7% |
| Net margin | 422.9% | −20.7% | −1,173.0% | 381.7% | −809.4% | −437.8% | −86.1% | −78.3% | −22.6% | −48.3% | −58.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported in ALM's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ALM financial results
In fiscal year 2025 (ended December 31, 2025), Almonty Industries Inc. reported revenue of C$32.5 million, up 12.8% from the year before. It had a net loss of C$161.9 million, a net profit margin of −498.0%. Over five years revenue grew at an average rate of 10.5% a year. Figures are in Canadian dollars, the currency of its financial statements.
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ALM income statement FAQ
What is Almonty Industries Inc.'s annual revenue?
Almonty Industries Inc. reported total revenue of C$32.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 12.8% from C$28.8 million the previous year.
Is Almonty Industries Inc. profitable?
No. Almonty Industries Inc. reported a net loss of C$161.9 million in fiscal 2025, a net profit margin of −498.0%; its operating margin was −86.6%.
What is Almonty Industries Inc.'s gross margin?
Almonty Industries Inc.'s gross margin was 10.5% in fiscal 2025: for every $100 of revenue, Almonty Industries Inc. kept $11 after the direct cost of its products and services.
How fast is Almonty Industries Inc. growing?
Revenue grew 10.5% a year on average over the last five fiscal years, from C$19.7 million to C$32.5 million.
When will Almonty Industries Inc. report its next earnings?
Almonty Industries Inc. is expected to report results for the quarter ending September 30, 2026 on November 2, 2026.
When does Almonty Industries Inc.'s fiscal year end?
Almonty Industries Inc.'s fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.