New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 86 mineral licenses and 6,041 claims covering an area of 151,030 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.
Revenue of New Found Gold Corp. (NFGC)
Revenue in 2023 (TTM): $
According to New Found Gold Corp.'s latest financial reports the company's current revenue (TTM) is $. 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 New Found Gold Corp.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $ | $-940,208 | $-102,037,000 | $-79,306,643 | $-79,890,763 |
| 2022 | $ | $-880,396 | $-87,295,535 | $-89,989,659 | $-109,634,589 |
| 2021 | $ | $-582,930 | $-55,917,532 | $-50,640,075 | $-57,265,298 |
| 2020 | $ | $-129,957 | $-36,383,261 | $-32,534,439 | $-34,310,171 |
| 2019 | $ | $-12,492 | $-3,912,917 | $-4,020,032 | $-4,020,032 |
| 2018 | $ | $-4,308 | $-2,655,750 | $-1,341,133 | $-1,341,133 |
| 2017 | $ | $ | $1.86 M | $-408,158 | $-408,158 |