Ivanhoe Electric Inc. operates as a mineral exploration and development company in the United States. It operates through Critical Metals, Technology, and Energy Storage. The company holds 84.6% interests in the Tintic copper-gold project covering an area of 65 square kilometers located in Utah. It also holds an option to acquire a 100% interest in the Santa Cruz copper project covering an area of 77.59 square kilometers located in Arizona; 75% interest in the Hog Heaven silver-gold-copper project covering an area of 24.2 square kilometers located in Montana; and 60% interest in the Ivory Coast project covering an area of 1,125 square kilometers located in the Ivory Coast. The company also provides data analytics, geophysical modelling, and artificial intelligence services for the mineral, oil and gas, and water exploration industries; and develops, manufactures, and installs vanadium flow batteries for grid-scale energy storage. Ivanhoe Electric Inc. was incorporated in 2020 and is based in Vancouver, Canada.
Revenue of Ivanhoe Electric Inc. (IE)
Revenue in 2023 (TTM): $3.9 M
According to Ivanhoe Electric Inc.'s latest financial reports the company's current revenue (TTM) is $3.9 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Ivanhoe Electric Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $3.9 M | $-128,442,000 | $-177,762,000 | $-216,659,000 | $-199,377,000 |
| 2022 | $8.44 M | $5.31 M | $-151,643,000 | $-159,603,000 | $-160,221,000 |
| 2021 | $4.65 M | $3.13 M | $-61,863,000 | $-68,027,000 | $-68,511,000 |
| 2020 | $4.63 M | $2.85 M | $-22,849,000 | $-29,471,000 | $-29,852,000 |
| 2019 | $3.75 M | $1.95 M | $-22,754,000 | $-29,461,000 | $-28,744,000 |