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Hudbay Minerals Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Total Revenue 732.9M 346.8M 536.4M 594.9M 584.9M
Operating Revenue 732.9M 346.8M 536.4M 594.9M 584.9M
Cost Of Revenue 462.8M 281.5M 359.9M 363.6M 400.5M
Gross Profit 270.1M 65.3M 176.5M 231.3M 184.4M
Selling General And Administration 28.5M 31.1M 20.3M 13.3M 9.8M
Depreciation And Amortization In Income Statement 400,000 300,000 400,000 400,000 100,000
Other Operating Expenses 21.3M 20.4M 1.4M 32.0M 20.9M
Operating Expense 53.6M 55.3M 25.0M 49.1M 34.7M
Operating Income 216.5M 10.0M 151.5M 182.2M 149.7M
EBIT 278.8M 352.7M 176.2M 193.9M 132.3M
Interest Expense 21.7M 22.2M 23.1M 22.6M 28.6M
Interest Expense Non Operating 21.7M 22.2M 23.1M 22.6M 28.6M
Interest Income 5.4M 5.9M 5.5M 5.5M 4.8M
Interest Income Non Operating 5.4M 5.9M 5.5M 5.5M 4.8M
Net Interest Income -19.5M -18.9M -20.0M -20.0M -21.9M
Other Income Expense 60.1M 339.4M 21.6M 9.1M -24.2M
Other Non Operating Income Expenses -- -- -600,000 -1.2M -18,000
Special Income Charges 21.6M 335.7M -2.4M -700,000 -14.1M
Restructuring And Mergern Acquisition 0.00 -14.9M 0.00 100,000 7,000
Write Off -- -- 300,000 -- --
Gain On Sale Of Security 38.5M 3.7M 24.0M 9.8M -10.0M
Pretax Income 257.1M 330.5M 153.1M 171.3M 103.7M
Tax Provision 129.1M 108.1M 38.4M 72.1M 84.4M
Tax Effect Of Unusual Items 9.0M 111.0M 5.4M 1.4M -3.6M
Net Income From Continuing And Discontinued Operation 128.0M 222.4M 117.7M 100.4M 21.2M
Net Income From Continuing Operation Net Minority Interest 128.0M 222.4M 117.7M 100.4M 21.2M
Net Income Including Noncontrolling Interests 128.0M 222.4M 114.7M 99.2M 19.3M
Minority Interests 0.00 0.00 3.0M 1.2M 1.9M
Net Income Common Stockholders 128.0M 222.4M 117.7M 100.4M 21.2M
Net Income 128.0M 222.4M 117.7M 100.4M 21.2M
EBITDA 431.7M 435.7M 273.0M 302.4M 254.7M
Normalized EBITDA 371.6M 96.3M 251.4M 293.3M 278.8M
Reconciled Depreciation 152.9M 83.0M 96.8M 108.5M 122.3M
Basic EPS -- 0.56 0.30 0.25 --
Diluted EPS -- 0.56 0.30 0.25 --
Basic Average Shares -- 395.7M 395.1M 395.0M --
Diluted Average Shares -- 396.9M 395.8M 395.7M --
Total Unusual Items 60.1M 339.4M 21.6M 9.1M -24.1M
Total Unusual Items Excluding Goodwill 60.1M 339.4M 21.6M 9.1M -24.1M
Tax Rate For Calcs 0.15 0.33 0.25 0.15 0.15
Normalized Income 76.9M -6.0M 101.5M 92.7M 41.7M
Amortization -- 2.3M 1.7M 600,000 1.4M
Amortization Of Intangibles Income Statement -- 2.3M 1.7M 600,000 1.4M
Depreciation Amortization Depletion Income Statement 400,000 300,000 400,000 400,000 100,000
Depreciation Income Statement -- -- -- -- --
Diluted NI Availto Com Stockholders 128.0M 222.4M 117.7M 100.4M 21.2M
Gain On Sale Of Ppe -- -- -- -600,000 -14.1M
Impairment Of Capital Assets -600,000 -322.6M 300,000 600,000 14.1M
Net Income Continuous Operations 128.0M 222.4M 114.7M 99.2M 19.3M
Net Non Operating Interest Income Expense -19.5M -18.9M -20.0M -20.0M -21.9M
Other Special Charges -24.5M 1.8M 2.1M -- --
Other Taxes -- 0.00 0.00 0.00 14,000
Reconciled Cost Of Revenue 310.3M 198.8M 263.5M 255.5M 278.3M
Selling And Marketing Expense 28.5M 31.1M 20.3M 13.3M 9.8M
Total Expenses 516.4M 336.8M 384.9M 412.7M 435.2M
Total Operating Income As Reported 242.5M 335.2M 153.1M 185.7M 138.1M
Total Other Finance Cost 3.2M 2.6M 2.4M 2.9M -2.0M
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Cash And Cash Equivalents 568.9M 611.1M 625.5M 562.6M 541.8M
Cash Cash Equivalents And Short Term Investments 568.9M 611.1M 625.5M 582.6M 581.8M
Cash Financial 568.9M -- -- -- 541.8M
Other Short Term Investments 0.00 0.00 0.00 20.0M 40.0M
Accounts Receivable 343.8M 130.3M 209.7M 216.1M 179.1M
Receivables 379.0M 161.7M 238.0M 270.9M 236.6M
Inventory 199.2M 211.7M 164.2M 181.6M 197.4M
Other Current Assets 15.2M 9.5M 10.7M 15.2M 17.4M
Current Assets 1.2B 994.3M 1.0B 1.1B 1.0B
Gross PPE 8.2B 7.9B 7.5B 7.3B 7.1B
Accumulated Depreciation -3.5B -3.3B -3.2B -3.1B -3.0B
Net PPE 4.7B 4.6B 4.3B 4.2B 4.2B
Goodwill 72.6M 71.5M 73.0M 69.3M 69.2M
Goodwill And Other Intangible Assets 79.7M 78.5M 80.3M 75.7M 74.7M
Other Intangible Assets 7.1M 7.0M 7.3M 6.4M 5.5M
Investments And Advances 130.9M 55.3M 39.3M 34.1M 12.1M
Other Non Current Assets 73.1M 60.4M 60.6M 54.8M 55.4M
Total Non Current Assets 5.1B 4.9B 4.6B 4.5B 4.4B
Total Assets 6.2B 5.9B 5.6B 5.5B 5.5B
Current Debt 472.1M 511.0M 523.8M -- --
Current Debt And Capital Lease Obligation 498.8M 540.9M 559.4M 33.7M 30.5M
Accounts Payable 84.8M 263.3M 259.9M 248.6M 66.7M
Payables 214.5M 296.3M 297.6M 285.1M 182.4M
Payables And Accrued Expenses 460.2M 296.3M 297.6M 285.1M 370.9M
Current Accrued Expenses 245.7M -- -- -- 188.5M
Current Deferred Revenue 52.1M 58.9M 58.0M 57.3M 63.1M
Other Current Liabilities 119.9M 71.8M 50.1M 41.2M 38.3M
Current Liabilities 1.2B 1.0B 1.0B 454.5M 537.2M
Long Term Debt 536.5M 536.0M 535.8M 1.1B 1.1B
Long Term Debt And Capital Lease Obligation 565.8M 567.3M 577.3M 1.2B 1.2B
Long Term Capital Lease Obligation 29.3M 31.3M 41.5M 41.8M 44.3M
Other Non Current Liabilities 140.6M 141.5M 138.1M 122.6M 114.4M
Total Non Current Liabilities Net Minority Interest 1.8B 1.8B 1.8B 2.3B 2.3B
Total Liabilities Net Minority Interest 3.0B 2.8B 2.8B 2.8B 2.8B
Common Stock 2.7B 2.7B 2.7B 2.6B 2.6B
Capital Stock 2.7B 2.7B 2.7B 2.6B 2.6B
Retained Earnings 460.5M 332.5M 112.9M -4.8M -102.4M
Gains Losses Not Affecting Retained Earnings 102.3M 90.2M 98.1M 16.1M 14.3M
Common Stock Equity 3.2B 3.1B 2.9B 2.7B 2.6B
Stockholders Equity 3.2B 3.1B 2.9B 2.7B 2.6B
Total Equity Gross Minority Interest 3.2B 3.1B 2.9B 2.7B 2.6B
Minority Interest 0.00 0.00 0.00 93.1M 94.2M
Total Capitalization 3.8B 3.6B 3.4B 3.8B 3.7B
Net Tangible Assets 3.2B 3.0B 2.8B 2.6B 2.5B
Tangible Book Value 3.2B 3.0B 2.8B 2.6B 2.5B
Working Capital -65.6M -34.7M 26.8M 598.0M 511.3M
Invested Capital 4.2B 3.6B 3.4B 3.8B 3.7B
Total Debt 1.1B 1.1B 1.1B 1.2B 1.2B
Net Debt 439.7M 435.9M 434.1M 546.1M 565.7M
Share Issued 396.8M 396.1M 395.7M 395.0M 394.9M
Ordinary Shares Number 396.8M 396.1M 395.7M 395.0M 394.9M
Capital Lease Obligations 56.0M 61.2M 77.1M 75.5M 74.8M
Construction In Progress 1.4B 1.3B 917.0M 861.7M 863.9M
Current Capital Lease Obligation 26.7M 29.9M 35.6M 33.7M 30.5M
Current Deferred Liabilities 55.1M 61.8M 60.9M 57.3M 63.1M
Current Provisions 90.2M 48.8M 35.0M 28.2M 29.9M
Employee Benefits 89.9M 86.2M 89.3M 84.1M 86.5M
Financial Assets Designatedas Fair Value Through Profitor Loss Total 130.9M 55.3M 39.3M 34.1M 12.1M
Finished Goods 76.0M 97.1M 44.8M 59.9M 81.6M
Hedging Assets Current 600,000 100,000 700,000 1.4M 14.3M
Interest Payable 13.8M -- -- -- 15.1M
Investmentin Financial Assets 130.9M 55.3M 39.3M 34.1M 12.1M
Long Term Provisions 312.6M 319.4M 315.5M 317.0M 300.8M
Machinery Furniture Equipment 3.6B 3.5B 3.5B 3.4B 3.3B
Non Current Accounts Receivable 16.1M 15.2M 15.2M 14.1M 12.9M
Non Current Deferred Assets 66.5M 78.6M 77.8M 85.5M 102.6M
Non Current Deferred Liabilities 654.7M 692.9M 632.6M 632.0M 649.5M
Non Current Deferred Revenue 265.0M 277.0M 279.1M 290.0M 309.1M
Non Current Deferred Taxes Assets 66.5M 78.6M 77.8M 85.5M 102.6M
Non Current Deferred Taxes Liabilities 375.3M 401.8M 339.6M 342.0M 340.4M
Non Current Pension And Other Postretirement Benefit Plans 7.5M 5.9M 7.1M 4.9M 6.2M
Other Current Borrowings 472.1M 511.0M 523.8M -- --
Other Payable 12.3M -- -- -- 15.0M
Other Properties 273.5M 266.9M 275.1M 265.6M 255.1M
Other Receivables 34.0M 30.4M 27.5M 53.6M 56.4M
Pensionand Other Post Retirement Benefit Plans Current 4.5M 9.4M 9.5M 9.0M 4.5M
Raw Materials 123.2M 114.6M 119.4M 121.7M 115.8M
Restricted Cash 200,000 200,000 200,000 800,000 1.0M
Taxes Receivable 1.2M 1.0M 800,000 1.2M 1.1M
Total Tax Payable 117.4M 33.0M 37.7M 36.5M 100.7M
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Operating Cash Flow 209.4M 113.5M 259.9M 124.8M 241.9M
Cash Flow From Continuing Operating Activities 208.7M 113.5M 259.9M 124.8M 241.9M
Depreciation And Amortization 152.9M 83.0M 96.8M 108.5M 122.3M
Depreciation Amortization Depletion 152.9M 83.0M 96.8M 108.5M 122.3M
Stock Based Compensation 26.4M 20.1M 10.8M 4.0M 1.4M
Deferred Tax 129.1M 108.1M 38.4M 72.1M 84.4M
Deferred Income Tax 129.1M 108.1M 38.4M 72.1M 84.4M
Change In Working Capital -127.5M 43.2M 66.0M -38.7M 6.7M
Change In Receivables -217.0M 77.1M 31.0M -32.4M 9.0M
Change In Inventory -2.7M -25.5M 11.8M 2.8M -420,000
Change In Payables And Accrued Expense 81.5M -14.5M 18.7M -33.4M 28.8M
Change In Payable 81.5M -14.5M 18.7M -33.4M 28.8M
Change In Other Working Capital 15.1M 5.2M -300,000 22.1M -23.6M
Other Non Cash Items -2.1M 5.0M -3.4M 1.7M 7.1M
Capital Expenditure -143.4M -110.6M -122.5M -93.0M -98.7M
Purchase Of PPE -143.2M -110.4M -121.7M -91.4M -96.9M
Net PPE Purchase And Sale -143.3M -110.4M -121.7M -91.3M -96.9M
Sale Of Business -- 10.4M -- -- 0.00
Purchase Of Investment -- -5.5M 0.00 -13.8M --
Sale Of Investment -- 0.00 20.0M 20.0M --
Net Investment Purchase And Sale -42.5M -5.5M 20.0M 6.2M -3.0M
Investing Cash Flow -183.6M -99.9M -100.6M -84.3M -98.9M
Cash Flow From Continuing Investing Activities -183.6M -99.9M -100.6M -84.3M -98.9M
Issuance Of Debt -- -- -- -- --
Repayment Of Debt -55.0M -27.2M -63.9M -13.4M -10.9M
Net Issuance Payments Of Debt -55.0M -27.2M -63.9M -13.4M -10.9M
Issuance Of Capital Stock 15.7M 6.9M 4.2M -- 11.8M
Net Common Stock Issuance 15.7M 6.9M 4.2M -- 11.8M
Common Stock Dividend Paid 0.00 -2.8M 0.00 -2.8M -12,000
Financing Cash Flow -68.7M -26.3M -98.9M -20.8M -41.3M
Cash Flow From Continuing Financing Activities -68.7M -26.3M -98.9M -20.8M -41.3M
Effect Of Exchange Rate Changes 700,000 -1.7M 2.5M 1.1M -3.1M
Changes In Cash -42.9M -12.7M 60.4M 19.7M 101.6M
Beginning Cash Position 611.1M 625.5M 562.6M 541.8M 443.3M
End Cash Position 568.9M 611.1M 625.5M 562.6M 541.8M
Free Cash Flow 66.0M 2.9M 137.4M 31.8M 143.2M
Asset Impairment Charge 2.9M -322.6M 300,000 600,000 14.1M
Cash Dividends Paid 0.00 -2.8M 0.00 -2.8M -12,000
Change In Prepaid Assets -4.4M 900,000 4.8M 2.2M -7.2M
Common Stock Issuance 15.7M 6.9M 4.2M -- 11.8M
Gain Loss On Investment Securities 0.00 -- 1.6M 3.0M -7.6M
Interest Paid Cff -28.2M -300,000 -29.9M 0.00 -30.5M
Interest Received Cfi 5.5M 6.0M 6.5M 6.0M 4.0M
Long Term Debt Issuance -- -- -- -- --
Long Term Debt Payments -55.0M -27.2M -63.9M -13.4M -10.9M
Net Business Purchase And Sale -- 10.4M -- -- 0.00
Net Foreign Currency Exchange Gain Loss -5.4M 8.8M -18.9M -3.1M 17.4M
Net Income From Continuing Operations 128.0M 222.4M 114.7M 99.2M 19.3M
Net Intangibles Purchase And Sale -200,000 -200,000 -800,000 -1.6M --
Net Long Term Debt Issuance -55.0M -27.2M -63.9M -13.4M -10.9M
Net Other Financing Charges -1.8M -3.8M -10.5M -5.0M -13.6M
Net Other Investing Changes 7.3M -200,000 -4.6M -3.6M -1.3M
Operating Gains Losses -5.1M 9.7M -16.4M 3.1M 12.6M
Pension And Employee Benefit Expense 300,000 900,000 900,000 3.2M 2.8M
Proceeds From Stock Option Exercised 600,000 900,000 1.2M 400,000 1.9M
Purchase Of Intangibles -200,000 -200,000 -800,000 -1.6M --
Sale Of PPE -- 0.00 0.00 100,000 0.00
Taxes Refund Paid -63.0M -44.0M -43.9M -117.5M -26.3M
Unrealized Gain Loss On Investment Securities -32.2M -11.4M -3.4M -8.2M 267,000
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