NexMetals Mining Corp. (NEXM) Income Statement
NEXM 2025 at a glance
Fiscal year ended December 31, 2025 · Canadian dollarsNEXM revenue and net income
NEXM growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| 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.
NEXM income statement in Canadian dollars
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | C$0 | C$0 | C$0 | C$0 | C$0 |
| Cost of revenue | C$2.1M | C$1.6M | C$744,783 | C$96,543 | C$0 |
| Gross profit | −C$2.1M | −C$1.6M | −C$744,783 | −C$96,543 | C$0 |
| Sales, general & admin | C$12.7M | C$9.0M | C$6.4M | C$15.7M | C$2.2M |
| Total operating expenses | C$48.8M | C$38.7M | C$29.3M | C$15.7M | C$3.0M |
| Operating income | −C$50.8M | −C$40.2M | −C$30.1M | −C$15.8M | −C$3.0M |
| Interest income | C$437,638 | C$114,114 | — | — | C$0 |
| Interest expense | C$428,371 | C$3.1M | C$2.6M | C$510,640 | C$2,511 |
| Income before taxes | −C$59.1M | −C$42.4M | −C$32.9M | −C$36.4M | −C$9.4M |
| Income taxes | — | — | −C$524,531 | — | — |
| Net income | −C$59.1M | −C$42.4M | −C$32.4M | −C$36.4M | −C$9.4M |
| EBITDA | −C$56.6M | −C$37.7M | −C$29.6M | −C$35.8M | −C$9.4M |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 |
| Cost of revenue | C$400,022 | C$423,507 | C$507,350 | C$494,321 | C$431,322 | C$635,828 | C$492,787 | C$354,581 | C$369,674 | C$364,228 |
| Gross profit | −C$400,022 | −C$423,507 | −C$507,350 | −C$494,321 | −C$431,322 | −C$635,828 | −C$492,787 | −C$354,581 | −C$369,674 | −C$364,228 |
| Sales, general & admin | C$1.4M | C$2.3M | C$2.8M | C$3.9M | C$4.1M | C$1.9M | C$251,634 | C$3.6M | C$2.1M | C$3.6M |
| Total operating expenses | C$8.2M | C$7.2M | C$11.8M | C$14.5M | C$14.4M | C$8.0M | C$10.8M | C$10.9M | C$8.7M | C$8.3M |
| Operating income | −C$8.6M | −C$7.6M | −C$12.3M | −C$15.0M | −C$14.9M | −C$8.6M | −C$11.3M | −C$11.2M | −C$9.1M | −C$8.6M |
| Interest income | C$99,579 | C$149,854 | C$114,362 | C$70,381 | C$188,434 | C$64,461 | C$89,716 | C$23,945 | C$99,498 | — |
| Interest expense | C$0 | C$0 | C$0 | C$0 | C$0 | C$428,371 | C$765,310 | C$797,280 | C$770,345 | C$646,240 |
| Income before taxes | −C$8.4M | −C$7.6M | −C$12.8M | −C$16.0M | −C$15.1M | −C$15.2M | −C$11.3M | −C$12.0M | −C$9.8M | −C$9.3M |
| Net income | −C$8.4M | −C$7.6M | −C$12.8M | −C$16.0M | −C$15.1M | −C$15.2M | −C$11.3M | −C$12.0M | −C$9.8M | −C$9.3M |
| EBITDA | −C$8.2M | −C$7.0M | −C$12.3M | −C$15.5M | −C$14.7M | −C$14.2M | −C$10.0M | −C$10.9M | −C$8.7M | −C$8.2M |
Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported in NEXM's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NEXM financial results
NexMetals Mining Corp. reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of C$59.1 million. Figures are in Canadian dollars, the currency of its financial statements.
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NEXM income statement FAQ
Does NexMetals Mining Corp. have revenue?
NexMetals Mining Corp. reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is NexMetals Mining Corp. profitable?
No. NexMetals Mining Corp. reported a net loss of C$59.1 million in fiscal 2025.
When will NexMetals Mining Corp. report its next earnings?
NexMetals Mining Corp. is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does NexMetals Mining Corp.'s fiscal year end?
NexMetals Mining Corp.'s fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.