Imperial Metals Corporation
TSX:III.TO · Toronto Stock Exchange
-$0.15 today
Vol 0.28M · Avg 0.24M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
TSX:III.TO · Revenue to Net Income
Key Ratios
Analysis
$669.7M of revenue converted into $126.8M of net income for the selected period. Gross margin is 39.4% and net margin is 18.7%, showing how much revenue survives after costs and taxes. EPS is $0.72, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $691.8M +39.9% | $494.4M +43.5% | $344.5M +99.3% | $172.8M +29.3% | $133.6M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $397.0M +19.2% | $333.2M -6.9% | $357.9M +77.6% | $201.5M +63.6% | $123.2M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $294.8M +82.9% | $161.2M +1297.5% | -$13.5M +53.1% | -$28.7M -375.4% | $10.4M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 42.6% +10.0pp | 32.6% +36.5pp | -3.9% +12.7pp | -16.6% -24.4pp | 7.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $10.5M +67.1% | $6.3M +50.1% | $4.2M -94.5% | $75.6M +86.1% | $40.6M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $18.6M +15.9% | $16.0M +283.0% | $4.2M -94.7% | $79.6M +82.1% | $43.7M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $103.8M +55.7% | $66.7M +24.3% | $53.6M +21.9% | $44.0M -0.2% | $44.1M | $374.2M | $1.2B | $631.8M |
| EBITDA | $380.0M +76.7% | $215.1M +843.1% | $22.8M +163.6% | -$35.9M -340.2% | $14.9M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 54.9% +11.4pp | 43.5% +36.9pp | 6.6% +27.4pp | -20.8% -31.9pp | 11.2% | 5.6% | 46.3% | 42.0% |
| Operating Income | $276.3M +90.3% | $145.2M +910.9% | -$17.9M +83.3% | -$107.3M -226.3% | -$32.9M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 39.9% +10.6pp | 29.4% +34.6pp | -5.2% +56.9pp | -62.1% -37.5pp | -24.6% | 16.6% | 24.1% | 22.0% |
| Interest Income | $2.0M -10.7% | $2.2M +12.8% | $1.9M +86.4% | $1.0M +171.3% | $383.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $27.5M -25.5% | $36.9M +17.8% | $31.3M +251.2% | $8.9M +495.9% | $1.5M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$26.6M +21.1% | -$33.6M +24.0% | -$44.3M -326.3% | $19.6M +763.4% | $2.3M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $249.7M +123.8% | $111.6M +279.5% | -$62.2M +30.0% | -$88.8M -189.9% | -$30.6M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 36.1% +13.5pp | 22.6% +40.6pp | -18.0% +33.3pp | -51.4% -28.5pp | -22.9% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $95.9M +1712.3% | $5.3M +120.8% | -$25.4M -98.6% | -$12.8M -181.5% | -$4.6M | $1.3B | -$1.6B | $745.2M |
| Net Income | $153.8M +44.7% | $106.3M +389.4% | -$36.7M +51.7% | -$76.0M -191.4% | -$26.1M | $4.9B | $4.8B | $4.7B |
| Net Margin | 22.2% +0.7pp | 21.5% +32.2pp | -10.7% +33.3pp | -44.0% -24.5pp | -19.5% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 +37.9% | $1 +387.0% | -$0 +54.9% | -$1 -168.4% | -$0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 +36.9% | $1 +382.6% | -$0 +54.9% | -$1 -168.4% | -$0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $168.3M +4.0% | $161.9M +3.0% | $157.2M +5.9% | $148.4M +8.8% | $136.4M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $172.8M +6.4% | $162.4M +3.3% | $157.2M +5.9% | $148.4M +8.8% | $136.4M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Mineros S.A.
TSX:MSA.TO
$1.91B

i-80 Gold Corp.
TSX:IAU.TO
$1.89B
Alphamin Resources Corp.
AFM.V
$1.81B
HydroGraph Clean Power Inc.
HG.CN
$1.80B

Orezone Gold Corporation
TSX:ORE.TO
$1.32B

Marimaca Copper Corp.
TSX:MARI.TO
$1.09B
Standard Lithium Ltd.
SLI.V
$994.53M
Andean Precious Metals Corp.
TSX:APM.TO
$908.20M
Asante Gold Corporation
ASE.V
$516.74M
Asante Gold Corporation
ASE.CN
$430.58M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does III.TO generate?
Imperial Metals Corporation (III.TO) reported $691.78M of revenue in fiscal 2025.
Is III.TO profitable?
Imperial Metals Corporation (III.TO) reported $153.78M of net income, with a net margin of 22.2%.
Explore More
Continue the stock analysis
Jump to another research area for this company.