EASTERN PLATINUM LIMITED REPORTS RECORD ANNUAL FULL YEAR REVENUE FOR 2023, ANNOUNCES RESTATEMENT OF COMPARATIVES, AND PROVIDES ITS TARGETS FOR 2024 [Yahoo! Finance]
IMPALA PLATINUM HLDGS ADR (IMPUY)
NASDAQ:AMEX Investor Relations:
implats.co.za/results-and-presentations.php
Company Research
Source: Yahoo! Finance
has filed its Audited Consolidated Financial Statements for the fiscal year ended December 31, 2023 and the corresponding Management's Discussion and Analysis and Annual Information Form. Below is a summary of the Company's financial results for the fourth quarter of 2023 (" Q4 2023 ") and for the fiscal year ended December 31, 2023 FY2023 ") (all amounts in USD unless specified) in comparison to the restated periods in 2022 (" Restated Q4 2022 " and " Restated FY2022 ", respectively): Revenue for Q4 2023 increased to $30.5 million (Restated Q4 2022 - $12.4 million ), representing a 146.0% increase. Revenue for FY2023 increased to $106.9 million , a record full year high (Restated FY2022 - $53.9 million ), representing a 98.3% increase. Mine operating income increased by $9.6 million to $7.8 million in Q4 2023 (Restated Q4 2022 mine operating loss - - $1.8 million ), resulting in a gross margin of 25.5% in Q4 2023 as compared to -14.5% in Restated Q4 2022. Mine operating income in
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