Greenland Mines (GRMLW) Net Income (2022 - 2026)
Greenland Mines (GRMLW) posted Net Income of -$13.9 million for Q1 2026, down 942.78% sequentially from -$1.3 million in Q4 2025, and down 554.65% YoY from $3.0 million in Q1 2025.
Greenland Mines (GRMLW) Net Income (2022 - 2026) Analysis & Trends
Greenland Mines has reported Net Income for 5 years, with the latest figure at -$13.9 million in Q1 2026.
- Quarterly Net Income fell 554.65% year-over-year to -$13.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$22.2 million (down 191.96% YoY) and the FY2025 annual result came in at -$12.8 million, down 71.54% from the prior year.
- Net Income retreated to -$13.9 million in Q1 2026 per GRMLW's latest filing, from -$1.3 million in the prior quarter.
- Over five years, Net Income peaked at $1.1 million in Q1 2023 and troughed at -$13.9 million in Q1 2026.
- A 5-year average of -$1.7 million and a median of -$451639.0 in 2024 frame the typical range for Net Income.
- The sharpest annual moves came in 2023 and 2024: Net Income soared 22467.49% in 2023, then sank 910.16% in 2024.
- Over 5 years, Net Income stood at $716066.0 in 2022, then sank by 141.83% to -$299507.0 in 2023, then tumbled by 590.22% to -$2.1 million in 2024, then soared by 35.72% to -$1.3 million in 2025, then plunged by 942.78% to -$13.9 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$13.9 million, -$1.3 million, and -$2.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.93 Bn | 13.44 Bn | 332.52 Mn | 117.88 Mn |
| 2 | Buenaventura Mining | 8.96 Bn | 7.95 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.96 Bn | 6.95 Bn | 88.25 Mn | 156.30 Mn |
| 4 | Perpetua Resources | 3.21 Bn | 3.21 Bn | - | -98.98 Mn |
| 5 | Solaris Resources | 1.49 Bn | 1.44 Bn | - | -3.51 Mn |
| 6 | Elemental Royalty | 1.43 Bn | 1.36 Bn | 15.71 Mn | 2,288.53 Bn |
| 7 | McEwen | 1.26 Bn | 1.16 Bn | 20.08 Mn | 9.61 Mn |
| 8 | Versamet Royalties | 1.14 Bn | 1.14 Bn | 13.99 Mn | 4.90 Mn |
| 9 | Metalla Royalty & Streaming | 1.04 Bn | 1.03 Bn | 4.75 Mn | 2.69 Mn |
| 10 | Greenland Mines | 17.40 Mn | 8.05 Mn | - | -3.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -3.69 Mn |
| Mar 31, 2026 | -13.86 Mn |
| Dec 31, 2025 | -1.33 Mn |
| Sep 30, 2025 | -2.90 Mn |
| Jun 30, 2025 | -4.09 Mn |
| Mar 31, 2025 | -2.12 Mn |
| Dec 31, 2024 | -2.07 Mn |
| Sep 30, 2024 | -2.96 Mn |
| Jun 30, 2024 | -451,639.00 |
| Mar 31, 2024 | -721,113.00 |
| Dec 31, 2023 | -299,507.00 |
| Sep 30, 2023 | -292,966.00 |
| Jun 30, 2023 | -438,338.00 |
| Mar 31, 2023 | 1.12 Mn |
| Dec 31, 2022 | 716,066.00 |
| Sep 30, 2022 | 731,121.00 |
| Jun 30, 2022 | -208,826.00 |
| Mar 31, 2022 | -5,010.00 |