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MARKETS / NYSE / IE
NYSE · METAL MINING · LARGE CAP

Ivanhoe Electric Inc. IE

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.2M
▲ 11.8% YoY
$-105.9M
$-90.4M
In brief

What this company does

We are a technology-driven United States minerals exploration and development company with a focus on copper and other critical metals vital to electric transmission and generation, manufacturing, infrastructure development, technology, and national security. Our wholly owned assets are located in the United States. We operate exploration joint ventures and alliances in Saudi Arabia, Chile and the United States. We use our powerful Typhoon™ geophysical surveying system, together with advanced data analytics provided by our subsidiary, Computational Geosciences Inc. (“CGI”), to accelerate and de-risk the mineral exploration process in the search for new deposits of critical metals that may otherwise be undetectable by traditional exploration technologies. We own a majority of the surface land and mineral rights constituting the Tintic Project and we have lease and option agreements in place to own the remaining surface land and mineral rights at the Tintic Project.

Written from the business description in Ivanhoe Electric Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 23 February 2026. Every sentence was checked against that document before publication.

Growth
USD 3.2M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 3.2 · Net income -105.9
-80M-160M20212022202320242025
Compound annual growth
−27.3%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−3855 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -3501.0% · Net -3854.7%
-2000%-4000%-6000%20212022202320242025
ROE
FY2025 · ROE -30.9%
-20%-40%-60%20212022202320242025

Each USD of equity lost 31 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -90.4
-80M-160M20212022202320242025

Total assetsUSD 483.3M
EquityUSD 416.1M
CashUSD 173.3M
Gross debtUSD 0.00
Net debtUSD -173.3M
Current ratio3.34×

The company holds more cash than debt.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021
Revenue $B0.00.00.00.00.0
Operating income $B−0.1−0.2−0.2−0.1−0.1
EBITDA $B−0.1−0.2−0.2−0.1−0.1
Income tax $B0.00.0−0.00.00.0
Net income $B−0.1−0.1−0.2−0.2−0.1
Free cash flow $B−0.1−0.2−0.2−0.1−0.1
EPS, diluted $−0.79−1.07−1.951.910.96
Dividend / sh $·····
Payout %·····
ROE %−30.9−40.0−68.7··
Shares out B0.150.120.120.090.06

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 2 failures in 25 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 70 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente2 failures
ActivityMetal Mining
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2021

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