Collective Mining Ltd. (CNL) Income Statement
CNL 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCNL revenue and net income
CNL profit margins
CNL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CNL quarterly EPS vs estimates
Collective Mining Ltd. beat the analyst EPS estimate in 1 of the last 8 quarters. Next report: November 11, 2026 (estimate $-0.13).
CNL income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $1.64B | $1.23B | $1.19B | $1.16B |
| Cost of revenue | $97,498 | $44,382 | $22,430 | $8,809 | $6,606 | $85 | $466.8M | $382.6M | $339.3M | $250.1M |
| Gross profit | −$97,498 | −$44,382 | −$22,430 | −$8,809 | −$6,606 | −$85 | $1.17B | $848.5M | $845.9M | $909.0M |
| Sales, general & admin | $9.4M | $5.7M | $19.5M | $5.1M | $3.2M | $1.5M | $3.3M | $1.3M | $5.0M | — |
| Total operating expenses | $41.9M | $23.8M | $19.4M | $16.4M | $10.2M | $1.5M | $1.32B | $962.6M | $907.6M | $1.03B |
| Operating income | −$42.0M | −$23.8M | −$19.4M | −$16.4M | −$10.2M | −$1.5M | −$14,847 | −$92,904 | $277.6M | $129.0M |
| Interest income | $3.0M | $1.1M | $668,145 | $232,218 | $0 | — | — | — | — | — |
| Interest expense | $702,605 | $50,126 | $21,792 | $27,625 | $23,063 | $18,964 | $141.3M | $71.3M | $69.4M | $76.4M |
| Income before taxes | −$49.9M | −$26.9M | −$19.1M | −$17.3M | −$17.3M | −$1.7M | −$8,643 | −$92,904 | $218.1M | $57.5M |
| Income taxes | — | — | — | −$22,296 | −$457 | $18,964 | $43.2M | $55.9M | $67.3M | $18.4M |
| Net income | −$49.9M | −$26.9M | −$19.1M | −$17.3M | −$17.3M | −$1.7M | $152.7M | $162.3M | $150.7M | $39.1M |
| EBITDA | −$48.3M | −$26.6M | −$18.9M | −$17.0M | −$17.2M | −$1.5M | $245.7M | $457.7M | $452.6M | $286.9M |
| EPS (diluted) | −$0.60 | −$0.32 | −$0.32 | −$0.35 | −$0.07 | −$0.09 | $477.08 | $507.05 | $471.06 | $122.28 |
| Gross margin | — | — | — | — | — | — | 71.5% | 68.9% | 71.4% | 78.4% |
| Operating margin | — | — | — | — | — | — | −0.0% | −0.0% | 23.4% | 11.1% |
| Net margin | — | — | — | — | — | — | 9.3% | 13.2% | 12.7% | 3.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $96,030 | $84,602 | $44,271 | $30,404 | $11,481 | $11,780 | $140,513 | $12,379 | $81,877 | $76,625 | $74,960 | $61,283 |
| Gross profit | −$96,030 | −$84,602 | −$44,271 | −$30,404 | −$11,481 | −$11,780 | −$140,513 | −$12,379 | −$81,877 | −$76,625 | −$74,960 | −$61,283 |
| Sales, general & admin | $4.0M | $3.9M | $2.9M | $2.4M | $2.2M | $1.9M | $1.9M | $1.4M | $1.1M | $1.1M | $2.4M | $1.1M |
| Total operating expenses | $18.7M | $13.0M | $14.3M | $11.2M | $9.7M | $6.7M | $6.4M | $5.9M | $6.3M | $4.9M | $6.6M | $5.2M |
| Operating income | −$18.8M | −$13.1M | −$14.3M | −$11.2M | −$9.7M | −$6.8M | −$6.4M | −$5.9M | −$6.4M | −$5.0M | −$6.7M | −$5.3M |
| Interest income | $852,476 | $1.0M | $1.3M | $631,981 | $701,763 | $377,780 | $360,993 | $224,271 | $295,166 | $217,387 | $161,946 | $220,930 |
| Interest expense | $1.4M | $186,916 | $450,593 | $123,207 | $62,245 | $86,053 | $30,081 | $12,774 | $36,341 | $92,389 | $27,682 | $16,385 |
| Income before taxes | −$20.1M | −$12.4M | −$13.6M | −$10.8M | −$8.5M | −$16.9M | −$9.6M | −$6.3M | −$6.3M | −$4.7M | −$5.5M | −$3.7M |
| Income taxes | — | — | — | — | — | — | — | — | — | $12,261 | $9,653 | $4,037 |
| Net income | −$20.1M | −$12.4M | −$13.6M | −$10.8M | −$8.5M | −$16.9M | −$9.6M | −$6.3M | −$6.3M | −$4.7M | −$5.5M | −$3.7M |
| EBITDA | −$18.3M | −$11.8M | −$12.9M | −$10.5M | −$8.3M | −$16.7M | −$9.5M | −$6.2M | −$6.2M | −$4.9M | −$6.6M | −$5.2M |
| EPS (diluted) | −$0.22 | −$0.13 | −$0.14 | −$0.13 | −$0.11 | −$0.22 | −$0.07 | −$0.09 | −$0.09 | −$0.07 | −$0.09 | −$0.06 |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CNL's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CNL financial results
Collective Mining Ltd. reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $49.9 million. Diluted earnings per share came to −$0.60.
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CNL income statement FAQ
Does Collective Mining Ltd. have revenue?
Collective Mining Ltd. reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Collective Mining Ltd. profitable?
No. Collective Mining Ltd. reported a net loss of $49.9 million in fiscal 2025.
What are Collective Mining Ltd.'s earnings per share?
Collective Mining Ltd. earned $-0.60 per diluted share in fiscal 2025, compared with $-0.32 a year earlier.
When will Collective Mining Ltd. report its next earnings?
Collective Mining Ltd. is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does Collective Mining Ltd.'s fiscal year end?
Collective Mining Ltd.'s fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.