Greenland Mines Ltd (GRML) Operating Expenses (2022 - 2026)
Greenland Mines (GRML) posted Operating Expenses of $11.5 million for Q1 2026, up 536.62% sequentially from $1.8 million in Q4 2025, and up 441.86% YoY from $2.1 million in Q1 2025.
Greenland Mines Ltd (GRML) Operating Expenses (2022 - 2026) Analysis & Trends
Greenland Mines has reported Operating Expenses for 5 years, with the latest figure at $11.5 million in Q1 2026.
- Quarterly Operating Expenses rose 441.86% year-over-year to $11.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $17.1 million (up 135.94% YoY) and the FY2025 annual result came in at $7.1 million, up 28.99% from the prior year.
- Operating Expenses grew to $11.5 million in Q1 2026 per GRML's latest filing, from $1.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $11.5 million in Q1 2026 and troughed at $5010.0 in Q1 2022.
- A 5-year average of $1.5 million and a median of $395607.0 in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 5761.36% in 2023, down 43.31% in 2023.
- Over 5 years, Operating Expenses stood at $195342.0 in 2022, then tumbled by 43.31% to $110733.0 in 2023, then soared by 1572.18% to $1.9 million in 2024, then slipped by 2.08% to $1.8 million in 2025, then surged by 536.62% to $11.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $11.5 million, $1.8 million, and $1.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.49 Mn |
| Mar 31, 2026 | 11.54 Mn |
| Dec 31, 2025 | 1.81 Mn |
| Sep 30, 2025 | 1.85 Mn |
| Jun 30, 2025 | 1.89 Mn |
| Mar 31, 2025 | 2.13 Mn |
| Dec 31, 2024 | 1.85 Mn |
| Sep 30, 2024 | 2.87 Mn |
| Jun 30, 2024 | 395,607.00 |
| Mar 31, 2024 | 672,045.00 |
| Dec 31, 2023 | 110,733.00 |
| Sep 30, 2023 | 123,737.00 |
| Jun 30, 2023 | 244,252.00 |
| Mar 31, 2023 | 293,654.00 |
| Dec 31, 2022 | 195,342.00 |
| Sep 30, 2022 | 140,426.00 |
| Jun 30, 2022 | 193,440.00 |
| Mar 31, 2022 | 5,010.00 |