Fortuna Silver Mines (FSM) Revenue & Revenue Breakdown
Fortuna Silver Mines Revenue Highlights
Latest Revenue (Y)
$858.61M
Latest Revenue (Q)
$224.03M
Main Segment (Y)
Gold Dore
Fortuna Silver Mines Revenue by Period
Fortuna Silver Mines Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $858.61M | 25.99% |
| 2022-12-31 | $681.49M | 13.61% |
| 2021-12-31 | $599.85M | 115.03% |
| 2020-12-31 | $278.97M | 8.47% |
| 2019-12-31 | $257.19M | -2.32% |
| 2018-12-31 | $263.30M | -1.80% |
| 2017-12-31 | $268.11M | 27.52% |
| 2016-12-31 | $210.25M | 35.89% |
| 2015-12-31 | $154.73M | -11.08% |
| 2014-12-31 | $174.01M | 26.65% |
| 2013-12-31 | $137.39M | -14.67% |
| 2012-12-31 | $161.02M | 46.24% |
| 2011-12-31 | $110.10M | 48.68% |
| 2010-12-31 | $74.06M | 44.00% |
| 2009-12-31 | $51.43M | 137.62% |
| 2008-12-31 | $21.64M | -32.32% |
| 2007-12-31 | $31.98M | 100.00% |
| 2005-09-30 | - | 100.00% |
| 2004-09-30 | - | 100.00% |
| 2003-09-30 | - | 100.00% |
| 2002-09-30 | - | 100.00% |
| 2001-09-30 | - | 100.00% |
| 2000-09-30 | - | - |
Fortuna Silver Mines generated $858.61M in revenue during NA 2023, up 25.99% compared to the previous quarter, and up 326.10% compared to the same period a year ago.
Fortuna Silver Mines Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $224.03M | -17.65% |
| 2023-12-31 | $272.04M | 11.93% |
| 2023-09-30 | $243.06M | 53.44% |
| 2023-06-30 | $158.41M | -9.82% |
| 2023-03-31 | $175.65M | 6.64% |
| 2022-12-31 | $164.72M | -1.11% |
| 2022-09-30 | $166.57M | -0.78% |
| 2022-06-30 | $167.87M | -7.93% |
| 2022-03-31 | $182.33M | -8.35% |
| 2021-12-31 | $198.94M | 22.37% |
| 2021-09-30 | $162.57M | 34.88% |
| 2021-06-30 | $120.53M | 2.29% |
| 2021-03-31 | $117.82M | 13.83% |
| 2020-12-31 | $103.50M | 24.05% |
| 2020-09-30 | $83.44M | 87.57% |
| 2020-06-30 | $44.48M | -6.43% |
| 2020-03-31 | $47.54M | -31.08% |
| 2019-12-31 | $68.98M | 12.52% |
| 2019-09-30 | $61.30M | -9.72% |
| 2019-06-30 | $67.91M | 15.12% |
| 2019-03-31 | $58.99M | -1.01% |
| 2018-12-31 | $59.59M | -0.01% |
| 2018-09-30 | $59.60M | -19.10% |
| 2018-06-30 | $73.67M | 4.58% |
| 2018-03-31 | $70.44M | -6.52% |
| 2017-12-31 | $75.35M | 17.72% |
| 2017-09-30 | $64.01M | 0.16% |
| 2017-06-30 | $63.91M | -1.42% |
| 2017-03-31 | $64.83M | 12.04% |
| 2016-12-31 | $57.87M | -11.26% |
| 2016-09-30 | $65.21M | 46.54% |
| 2016-06-30 | $44.50M | 4.22% |
| 2016-03-31 | $42.70M | 15.36% |
| 2015-12-31 | $37.01M | -5.19% |
| 2015-09-30 | $39.04M | 0.44% |
| 2015-06-30 | $38.87M | -2.34% |
| 2015-03-31 | $39.80M | 5.24% |
| 2014-12-31 | $37.82M | -18.46% |
| 2014-09-30 | $46.38M | 4.66% |
| 2014-06-30 | $44.32M | -2.55% |
| 2014-03-31 | $45.48M | 25.02% |
| 2013-12-31 | $36.38M | 20.44% |
| 2013-09-30 | $30.20M | 0.34% |
| 2013-06-30 | $30.10M | -26.07% |
| 2013-03-31 | $40.71M | 7.44% |
| 2012-12-31 | $37.90M | -13.55% |
| 2012-09-30 | $43.84M | 13.30% |
| 2012-06-30 | $38.69M | -4.71% |
| 2012-03-31 | $40.60M | 26.55% |
| 2011-12-31 | $32.08M | -35.42% |
| 2011-09-30 | $49.68M | 104.72% |
| 2011-06-30 | $24.27M | 11.97% |
| 2011-03-31 | $21.67M | -9.35% |
| 2010-12-31 | $23.91M | 32.54% |
| 2010-09-30 | $18.04M | 23.85% |
| 2010-06-30 | $14.56M | -16.98% |
| 2010-03-31 | $17.54M | 7.26% |
| 2009-12-31 | $16.36M | 23.63% |
| 2009-09-30 | $13.23M | 2.86% |
| 2009-06-30 | $12.86M | 43.23% |
| 2009-03-31 | $8.98M | 2046.76% |
| 2008-12-31 | $418.31K | -94.31% |
| 2008-09-30 | $7.35M | -4.61% |
| 2008-06-30 | $7.71M | 16.14% |
| 2008-03-31 | $6.64M | -17.71% |
| 2007-12-31 | $8.07M | - |
Fortuna Silver Mines generated $224.03M in revenue during Q1 2024, up -17.65% compared to the previous quarter, and up 136.00% compared to the same period a year ago.
Fortuna Silver Mines Revenue Breakdown
Fortuna Silver Mines Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Zinc Concentrates | $53.15M | $42.99M | $23.98M | $33.69M | $48.83M |
| Silver Lead Concentrates | $50.30M | $59.76M | $43.05M | $39.94M | $40.25M |
| Silver Gold Concentrates | $173.87M | $219.66M | $188.33M | $183.20M | $180.15M |
| Provisional pricing adjustments | $-1.46M | $-2.81M | - | - | - |
| Gold Dore | $405.63M | $280.25M | $20.30M | - | - |
| Provisional Pricing Adjustments | - | - | $3.31M | $368.00K | - |
Fortuna Silver Mines's latest annual revenue breakdown by segment (product or service), as of Dec 22: Gold Dore (59.52%), Silver Gold Concentrates (25.51%), Zinc Concentrates (7.80%), Silver Lead Concentrates (7.38%), and Provisional pricing adjustments (-0.21%).
Fortuna Silver Mines Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| HMY | Harmony Gold Mining | $49.27B | $1.70B |
| NEM | Newmont | $11.81B | $4.40B |
| AEM | Agnico Eagle Mines | $6.75B | $1.82B |
| GFI | Gold Fields | $4.50B | $2.26B |
| KGC | Kinross Gold | $4.32B | $1.08B |
| PAAS | Pan American Silver | $2.32B | $601.40M |
| FNV | Franco-Nevada | $1.24B | $255.25M |
| WPM | Wheaton Precious Metals | $1.03B | $295.48M |
| IAG | IAMGOLD | $1.01B | $337.39M |
| FSM | Fortuna Silver Mines | $858.61M | $224.03M |
| RGLD | Royal Gold | $605.72M | $152.67M |
| OR | Osisko Gold Royalties | $247.32M | $60.70M |
| SAND | Sandstorm Gold | $182.93M | $42.61M |
| ODV | Osisko Development | $31.63M | $1.77M |
FSM Revenue FAQ
What is Fortuna Silver Mines’s yearly revenue?
Fortuna Silver Mines's yearly revenue for 2023 was $858.61M, representing an increase of 25.99% compared to 2022. The company's yearly revenue for 2022 was $681.49M, representing an increase of 13.61% compared to 2021. FSM's yearly revenue for 2021 was $599.85M, representing an increase of 115.03% compared to 2020.
What is Fortuna Silver Mines’s quarterly revenue?
Fortuna Silver Mines's quarterly revenue for Q1 2024 was $224.03M, a -17.65% decrease from the previous quarter (Q4 2023), and a 27.54% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $272.04M, a 11.93% increase from the previous quarter (Q3 2023), and a 65.15% increase year-over-year (Q4 2022). FSM's quarterly revenue for Q3 2023 was $243.06M, a 53.44% increase from the previous quarter (Q2 2023), and a 45.92% increase year-over-year (Q3 2022).
What is Fortuna Silver Mines’s revenue growth rate?
Fortuna Silver Mines's revenue growth rate for the last 3 years (2021-2023) was 43.14%, and for the last 5 years (2019-2023) was 233.85%.
What are Fortuna Silver Mines’s revenue streams?
Fortuna Silver Mines's revenue streams in c 22 are Zinc Concentrates, Silver Lead Concentrates, Silver Gold Concentrates, Provisional pricing adjustments, and Gold Dore. Zinc Concentrates generated $53.15M in revenue, accounting 7.80% of the company's total revenue, up 23.63% year-over-year. Silver Lead Concentrates generated $50.3M in revenue, accounting 7.38% of the company's total revenue, down -15.82% year-over-year. Silver Gold Concentrates generated $173.87M in revenue, accounting 25.51% of the company's total revenue, down -20.85% year-over-year. Provisional pricing adjustments generated $-1.46M in revenue, accounting -0.21% of the company's total revenue, down -48.04% year-over-year. Gold Dore generated $405.63M in revenue, accounting 59.52% of the company's total revenue, up 44.74% year-over-year.
What is Fortuna Silver Mines’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Fortuna Silver Mines was Gold Dore. This segment made a revenue of $405.63M, representing 59.52% of the company's total revenue.