Hecla Mining (HL) FY2023 results: revenue $720 million, up 0.2% on the year
Hecla Mining Co. (HL) reported revenue of $720 million for fiscal 2023, the year ended 31 December 2023, up 0.2% on the year before. Net income was -$84 million, and diluted earnings per share $-0.14. The figures are the company's own, from the 10-K it filed with the SEC on 15 February 2024.
Revenue
$720 million
+0.2% on the year
FY2016FY2023
Operating margin
-6.2%
-1.7% a year earlier
FY2016FY2023
Net income
-$84 million
FY2016FY2023
Diluted EPS
-$0.14
FY2016FY2023
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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
75.5
89.9
220
-16.0%
Capital expenditure
224
149
109
+49.9%
Free cash flow
-148
-59.5
111
Free cash flow margin
-20.6%
-8.3%
13.8%
Cash from investing
-231
-187
-107
Cash from financing
156
-7.5
-32.6
Depreciation and amortisation
164
145
173
+12.8%
Share-based compensation
6.6
6.0
6.1
+9.7%
Buybacks
2.0
3.7
4.5
-44.6%
Dividends paid
15.7
12.9
20.7
+21.5%
Dividend per share
$0.04
$0.04
$0.04
0.0%
Diluted shares, weighted
606m
557m
542m
+8.7%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
1,968
1,979
1,761
-0.5%
Debt
653
518
516
+26.1%
Operating lease liabilities
7.8
8.6
10.0
-9.3%
Finance lease liabilities
17.0
11.4
7.8
+49.1%
Other liabilities
365
410
434
-11.0%
Total liabilities and equity
3,011
2,927
2,729
+2.9%
Fixed assets
2,666
2,570
2,311
+3.8%
Investments
33.7
24.0
10.8
+40.3%
Cash and equivalents
106
105
210
+1.6%
Receivables
19.4
45.1
36.4
-57.0%
Inventory
28.8
37.3
n/a
-22.7%
Other assets
157
146
161
+7.1%
Total assets
3,011
2,927
2,729
+2.9%
10-K for the year ended 31 December 2023, filed 15 February 2024: the filing.