Financial Snapshot

Revenue
$3.240M
TTM
Gross Margin
55.58%
TTM
Net Earnings
-$205.9M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
249.78%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$260.3M
Q3 2024
Cash
Q3 2024
P/E
-5.207
Nov 29, 2024 EST
Free Cash Flow
-$221.9M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $3.903M $8.440M $4.652M $4.633M $3.752M
YoY Change -53.76% 81.43% 0.41% 23.48%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $3.903M $8.440M $4.652M $4.633M $3.752M
Cost Of Revenue $2.986M $3.135M $1.520M $1.785M $1.806M
Gross Profit $917.0K $5.305M $3.132M $2.848M $1.946M
Gross Profit Margin 23.49% 62.86% 67.33% 61.47% 51.87%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $48.48M $27.14M $20.55M $11.73M $11.05M
YoY Change 78.6% 32.08% 75.26% 6.13%
% of Gross Profit 5286.8% 511.67% 656.16% 411.73% 567.78%
Research & Development $6.120M $5.040M $43.33M $17.72M $17.08M
YoY Change 21.43% -88.37% 144.48% 3.78%
% of Gross Profit 667.39% 95.0% 1383.46% 622.3% 877.54%
Depreciation & Amortization $2.640M $4.211M $4.250M $4.040M $3.876M
YoY Change -37.31% -0.92% 5.2% 4.23%
% of Gross Profit 287.9% 79.38% 135.7% 141.85% 199.18%
Operating Expenses $54.60M $32.18M $63.88M $29.45M $28.13M
YoY Change 69.65% -49.62% 116.92% 4.7%
Operating Profit -$180.4M -$132.2M -$60.75M -$26.60M -$26.18M
YoY Change 36.5% 117.56% 128.37% 1.61%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $3.707M $972.0K -$6.698M -$2.653M -$2.921M
YoY Change 281.38% -114.51% 152.47% -9.17%
% of Operating Profit
Other Income/Expense, Net $2.344M -$1.013M -$580.0K -$217.0K -$360.0K
YoY Change -331.39% 74.66% 167.28% -39.72%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$124.1M -$108.9M -$68.03M -$29.47M -$29.46M
YoY Change 13.93% 60.1% 130.83% 0.03%
Income Tax -$584.0K $618.0K $484.0K $381.0K -$717.0K
% Of Pretax Income
Net Earnings -$216.1M -$160.2M -$59.32M -$25.23M -$24.63M
YoY Change 34.86% 170.1% 135.08% 2.44%
Net Earnings / Revenue -5536.13% -1898.35% -1275.15% -544.66% -656.56%
Basic Earnings Per Share $1.95 $1.91 $0.96
Diluted Earnings Per Share $1.95 $1.91 -$638.6K -$271.7K -$265.2K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $205.0M $139.7M $49.85M $9.341M
YoY Change 46.82% 180.16% 433.67%
Cash & Equivalents $205.0M $139.7M $49.85M $9.341M
Short-Term Investments
Other Short-Term Assets $3.104M $4.226M $1.152M $1.106M
YoY Change -26.55% 266.84% 4.16%
Inventory $5.013M $5.648M $5.878M $3.538M
Prepaid Expenses
Receivables $3.326M $1.497M $1.385M $2.841M
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $216.5M $151.0M $58.27M $16.83M
YoY Change 43.34% 159.21% 246.28%
Property, Plant & Equipment $222.9M $90.69M $75.56M $34.40M
YoY Change 145.82% 20.02% 119.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $46.35M $15.35M $9.503M $8.923M
YoY Change 202.05% 61.49% 6.5%
Other Assets $1.330M $2.168M $4.162M $2.634M
YoY Change -38.65% -47.91% 58.01%
Total Long-Term Assets $270.7M $109.5M $95.27M $54.90M
YoY Change 147.35% 14.89% 73.54%
Total Assets $487.2M $260.5M $153.5M $71.72M
YoY Change
Accounts Payable $12.86M $4.578M $5.721M $1.319M
YoY Change 180.89% -19.98% 333.74%
Accrued Expenses $4.180M $7.372M $3.230M $1.688M
YoY Change -43.3% 128.24% 91.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $5.756M
YoY Change -100.0%
Long-Term Debt Due $12.67M
YoY Change
Total Short-Term Liabilities $39.72M $17.43M $40.58M $15.22M
YoY Change 127.87% -57.05% 166.57%
Long-Term Debt $64.62M $25.92M $78.83M $0.00
YoY Change 149.31% -67.12%
Other Long-Term Liabilities $1.761M $10.80M $920.0K $1.496M
YoY Change -83.7% 1074.02% -38.5%
Total Long-Term Liabilities $66.38M $36.72M $79.75M $1.496M
YoY Change 80.77% -53.96% 5231.02%
Total Liabilities $113.0M $54.11M $131.6M $29.74M
YoY Change 108.78% -58.88% 342.51%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 102.5M shares 78.53M shares 61.50M shares
Diluted Shares Outstanding 102.5M shares 78.53M shares 61.50M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.0721 Billion

About Ivanhoe Electric Inc.

Ivanhoe Electric, Inc. is a minerals exploration and development company which focuses on developing mines from mineral deposits. The company is headquartered in Tempe, Arizona and currently employs 244 full-time employees. The company went IPO on 2022-06-24. The firm uses its Typhoon geophysical surveying system, together with advanced data analytics provided by its subsidiary, Computational Geosciences Inc., to accelerate and de-risk the mineral exploration process. Its portfolio of electric metals exploration projects includes the Santa Cruz Copper Project in Arizona and the Tintic Copper-Gold Project in Utah. The company also operates a 50/50 joint venture with Saudi Arabian Mining Company Ma’aden to explore for minerals on over 48,500 square kilometers (km2) of underexplored Arabian Shield in Saudi Arabia. Its other key mineral projects are the Hog Heaven Copper-Silver-Gold Project, located in Montana, San Matias Copper-Gold-Silver Project in northern Colombia and the Sama Nickel-Copper-Palladium Project, located in the Ivory Coast.

Industry: Metal Mining Peers: TECK RESOURCES LTD