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Mako Mining Corp Common Stock (MAKO) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

BASIC MATERIALS · GOLD · DATA UPDATED 2026-09-18

Mako Mining Corp Common Stock (MAKO) operates in the GOLD industry and is headquartered in Vancouver, Canada. Its market capitalization is roughly $923 million. In the fiscal year ended 2025-12-31, MAKO reported $148M in revenue and $34M in net income.

Mako Mining Corp. engages in mineral exploration and exploitation activities in Nicaragua, the United States, and Guyana. The company explores for gold and silver deposits.

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MAKO Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-31
Total Revenue$208M$148M$92M$66M$63M
Gross Profit$108M$75M$46M$24M$12M
Gross Margin %51.8%50.5%50.4%36.4%19.0%
Operating Income (EBIT)$84M$54M$34M$23M$10M
Operating Margin %40.7%36.5%37.2%34.6%15.5%
Net Income$52M$34M$19M$7M($12M)
Net Margin %25.1%22.7%20.8%10.3%-18.9%
EBITDA$95M$64M$38M$23M$12M
Earnings Per Share (EPS)$0.58$0.41$0.26$0.10$-0.18
Shares Outstanding (M)90M83M74M67M66M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAKO Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Total Revenue$61M$69M$50M$28M$39M$32M$29M
Gross Profit$27M$41M$30M$9M$19M$17M$16M
Gross Margin %44.2%60.3%59.3%34.2%49.0%52.8%56.7%
Operating Income (EBIT)$23M$34M$23M$4M$14M$13M$13M
Operating Margin %38.4%50.0%45.9%13.3%36.1%42.5%44.5%
Net Income$14M$23M$14M$1M$9M$9M$5M
Net Margin %22.1%33.8%28.4%4.3%22.8%29.6%16.2%
EBITDA$26M$38M$25M$6M$19M$14M$13M
Earnings Per Share (EPS)$0.15$0.26$0.16$0.01$0.11$0.12$0.06
Shares Outstanding (M)90M89M89M82M81M81M79M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAKO Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-31
Cash from Operations (CFO)$72M$53M$34M$12M$16M
Capital Expenditures (CapEx)$15M$12M$13M$5M$9M
Free Cash Flow (FCF)$56M$41M$22M$8M$8M
FCF Margin %27.1%27.4%23.4%11.7%12.0%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAKO Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Cash from Operations (CFO)$26M$19M$22M$5M$20M$6M$16M
Capital Expenditures (CapEx)$6M$3M$3M$3M$4M$2M$5M
Free Cash Flow (FCF)$20M$16M$19M$1M$16M$4M$11M
FCF Margin %32.6%23.1%38.2%4.5%42.2%11.9%36.9%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAKO Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-31
Total Assets$296M$208M$107M$42M$45M
Cash & Cash Equivalents$72M$77M$15M$1M$1M
Total Liabilities$106M$58M$30M$21M$32M
Total Debt (Short + Long-Term)$13M$0M$5M$8M$13M
Total Shareholders' Equity$190M$151M$77M$21M$14M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MAKO viewer.

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