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Fortuna Silver Mines (FSM) Revenue & Revenue Breakdown

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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

DateRevenueChange
2023-12-31$858.61M25.99%
2022-12-31$681.49M13.61%
2021-12-31$599.85M115.03%
2020-12-31$278.97M8.47%
2019-12-31$257.19M-2.32%
2018-12-31$263.30M-1.80%
2017-12-31$268.11M27.52%
2016-12-31$210.25M35.89%
2015-12-31$154.73M-11.08%
2014-12-31$174.01M26.65%
2013-12-31$137.39M-14.67%
2012-12-31$161.02M46.24%
2011-12-31$110.10M48.68%
2010-12-31$74.06M44.00%
2009-12-31$51.43M137.62%
2008-12-31$21.64M-32.32%
2007-12-31$31.98M100.00%
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

DateRevenueChange
2024-03-31$224.03M-17.65%
2023-12-31$272.04M11.93%
2023-09-30$243.06M53.44%
2023-06-30$158.41M-9.82%
2023-03-31$175.65M6.64%
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$198.94M22.37%
2021-09-30$162.57M34.88%
2021-06-30$120.53M2.29%
2021-03-31$117.82M13.83%
2020-12-31$103.50M24.05%
2020-09-30$83.44M87.57%
2020-06-30$44.48M-6.43%
2020-03-31$47.54M-31.08%
2019-12-31$68.98M12.52%
2019-09-30$61.30M-9.72%
2019-06-30$67.91M15.12%
2019-03-31$58.99M-1.01%
2018-12-31$59.59M-0.01%
2018-09-30$59.60M-19.10%
2018-06-30$73.67M4.58%
2018-03-31$70.44M-6.52%
2017-12-31$75.35M17.72%
2017-09-30$64.01M0.16%
2017-06-30$63.91M-1.42%
2017-03-31$64.83M12.04%
2016-12-31$57.87M-11.26%
2016-09-30$65.21M46.54%
2016-06-30$44.50M4.22%
2016-03-31$42.70M15.36%
2015-12-31$37.01M-5.19%
2015-09-30$39.04M0.44%
2015-06-30$38.87M-2.34%
2015-03-31$39.80M5.24%
2014-12-31$37.82M-18.46%
2014-09-30$46.38M4.66%
2014-06-30$44.32M-2.55%
2014-03-31$45.48M25.02%
2013-12-31$36.38M20.44%
2013-09-30$30.20M0.34%
2013-06-30$30.10M-26.07%
2013-03-31$40.71M7.44%
2012-12-31$37.90M-13.55%
2012-09-30$43.84M13.30%
2012-06-30$38.69M-4.71%
2012-03-31$40.60M26.55%
2011-12-31$32.08M-35.42%
2011-09-30$49.68M104.72%
2011-06-30$24.27M11.97%
2011-03-31$21.67M-9.35%
2010-12-31$23.91M32.54%
2010-09-30$18.04M23.85%
2010-06-30$14.56M-16.98%
2010-03-31$17.54M7.26%
2009-12-31$16.36M23.63%
2009-09-30$13.23M2.86%
2009-06-30$12.86M43.23%
2009-03-31$8.98M2046.76%
2008-12-31$418.31K-94.31%
2008-09-30$7.35M-4.61%
2008-06-30$7.71M16.14%
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/ServiceDec 22Dec 21Dec 20Dec 19Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
HMYHarmony Gold Mining Company$49.27B$1.70B
NEMNewmont$11.81B$-8.31B
AEMAgnico Eagle Mines$6.75B$1.82B
GFIGold Fields$4.50B$2.26B
KGCKinross Gold$4.32B$1.08B
PAASPan American Silver$2.32B$601.40M
FNVFranco-Nevada$1.24B$255.25M
WPMWheaton Precious Metals$1.03B$295.48M
IAGIAMGOLD$1.01B$337.39M
FSMFortuna Silver Mines$858.61M$224.03M
RGLDRoyal Gold$605.72M$174.10M
OROsisko Gold Royalties$247.32M$60.70M
SANDSandstorm Gold$182.93M$42.61M
ODVOsisko 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.