Hecla Mining (HL) FY2022 results: revenue $719 million, down 11.0% on the year
Hecla Mining Co. (HL) reported revenue of $719 million for fiscal 2022, the year ended 31 December 2022, down 11.0% on the year before. Net income was -$37 million, and diluted earnings per share $0.07. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2023.
Revenue
$719 million
-11.0% on the year
FY2015FY2022
Operating margin
-1.7%
10.3% a year earlier
FY2015FY2022
Net income
-$37 million
FY2015FY2022
Diluted EPS
$0.07
+16.7% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
89.9
220
181
-59.2%
Capital expenditure
149
109
91.0
+37.0%
Free cash flow
-59.5
111
89.8
Free cash flow margin
-8.3%
13.8%
13.0%
Cash from investing
-187
-107
92.9
Cash from financing
-7.5
-32.6
-19.4
Depreciation and amortisation
145
173
155
-15.9%
Share-based compensation
6.0
6.1
6.5
-1.2%
Buybacks
3.7
4.5
2.7
-18.7%
Dividends paid
12.9
20.7
8.6
-37.4%
Dividend per share
$0.04
$0.04
$0.01
0.0%
Diluted shares, weighted
557m
542m
527m
+2.8%
Shares outstanding at period end
n/a
n/a
532m
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,979
1,761
1,714
+12.4%
Debt
518
516
507
+0.4%
Operating lease liabilities
8.6
10.0
7.6
-14.0%
Finance lease liabilities
11.4
7.8
9.3
+46.2%
Other liabilities
410
434
462
-5.5%
Total liabilities and equity
2,927
2,729
2,700
+7.3%
Fixed assets
2,570
2,311
2,378
+11.2%
Investments
24.0
10.8
15.1
+121.5%
Cash and equivalents
105
210
130
-50.1%
Receivables
45.1
36.4
27.9
+23.9%
Inventory
37.3
n/a
57.6
Other assets
146
161
91.7
-9.0%
Total assets
2,927
2,729
2,700
+7.3%
10-K for the year ended 31 December 2022, filed 17 February 2023: the filing.