Business
Audited Results for the year ended 31 December ...
Audited Results for the year ended 31 December ....
About this update from Serabi Gold Plc
[{"type":"text","content":"\n \n \n Audited Results for the year ended 31 December 2021\n \n \n \n \n For immediate release\n \n \n 10 June 2022\n \n \n \n Serabi Gold plc\n \n \n (“Serabi” or the “Company”)\n \n \n Audited Results for the year ended 31 December 2021\n \n \n Serabi (AIM:SRB, TSX:SBI), the Brazilian focused gold mining and development company, today releases its audited results for the year ended 31 December 2021.and the unaudited results for the three month period to 31 December 2021.\n \n \n Key Financial Information\n \n \n \n \n \n SUMMARY FINANCIAL STATISTICS FOR THE THREE AND TWELVE MONTHS ENDING 31 DECEMBER 2021\n \n \n \n \n \n 12 months to\n 31 Dec 2021\n US$\n \n \n 3 months to\n 31 Dec 2021\n US$\n \n 12 months to 31 Dec 2020 US$\n 3 months to 31 Dec 2020 US$\n \n \n \n Revenue\n \n \n 63,141,437\n \n \n 16,400,215\n \n 55,830,078\n 11,616,129\n \n \n \n Cost of Sales\n \n \n (37,759,318)\n \n \n (10,531,621)\n \n (34,165,731)\n (9,237,743)\n \n \n \n Gross Operating Profit\n \n \n 25,382,119\n \n \n 5,868,594\n \n 21,664,347\n 2,378,386\n \n \n \n Administration and share based payments\n \n \n (6,256,505)\n \n \n (1,742,471)\n \n (6,144,281)\n (1,305,620)\n \n \n \n EBITDA\n \n \n 19,125,614\n \n \n 4,126,123\n \n 15,520,066\n 1,072,766\n \n \n \n Depreciation and amortisation charges\n \n \n (6,049,628)\n \n \n (1,956,539)\n \n (5,128,895)\n (412,086)\n \n \n \n Operating profit before finance and tax\n \n \n 13,075,986\n \n \n 2,169,584\n \n 10,391,171\n 660,680\n \n \n \n \n \n \n \n \n \n \n Profit/(loss) after tax\n \n \n 9,949,964\n \n \n 2,288,363\n \n 7,031,025\n 411,758\n \n \n \n Earnings per ordinary share (basic)\n \n \n 13.85 cents\n \n \n 3.02 cents\n \n 11.92 cents\n (0.70 cents)\n \n \n \n \n \n \n \n \n \n \n Average gold price received\n \n \n US$1,776\n \n \n US$1,772\n \n US$1,727\n US$1,841\n \n \n \n \n \n \n \n \n \n \n \n \n \n As at\n 31 December\n 2021\n \n As at 31 December 2020\n \n \n \n Cash and cash equivalents\n \n \n \n \n 12,217,751\n \n 6,603,620\n \n \n \n Net assets\n \n \n \n \n 79,885,501\n \n 57,747,524\n \n \n \n \n \n \n \n \n \n \n \n Cash Cost and All-In Sustaining Cost (“AISC”)\n \n \n \n...