Brookmount Gold Files Annual Report & Financial Statements for Fiscal Year 2024 [Yahoo! Finance]
BROOKMOUNT EXPLS INC (BMXI)
NASDAQ:AMEX Investor Relations:
marketwired.com/press-release/brookmount-explorations-inc-update-to-dilboost-technology-licensing-agreement-2235684.htm
Company Research
Source: Yahoo! Finance
company, is pleased to confirm that it has filed its Annual Report & Financial Statements for the fiscal year ending November 30, 2024, with OTC Markets… FY 2024 Financial Highlights: Revenue for twelve months reached $18.45 million, an increase of 8.1% over the corresponding result in 2023 of $17.06 million. Revenue was comprised principally of the direct sale of gold. During 2024 the company mined more gold and the price for gold increased from 2023. Gross Profits increased 3.7% to $12,35 million compared to $11.91 million for fiscal year 2023. . Net income for 2024 was $9.18 million or $.07 Earnings Per Share (EPS), based on the outstanding share count on 11/30/24 of 140,225,689. This represents a 4.1% increase from the $8.95 million net income achieved in FY23. This is primarily a reflection of increased gold production and higher gold prices, together with a reduced tax provision. Total Assets increased to $53.63 million compared to $42,32 million on 11/30/23. This is a
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