Titan America SA (TTAM)
NYSE: TTAM · Mining & Quarrying of Nonmetallic Minerals (No Fuels) · Brussels · filing with the SEC since 2024
Income statement, as filed
In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Report filed | Mar 24, 2026 | Apr 4, 2025 | · | · |
| Revenue | 1,664,188 | 1,634,393 | 1,591,601 | 1,364,146 |
| Cost of revenue | 1,229,202 | 1,217,738 | 1,228,112 | 1,142,880 |
| Gross profit | 434,986 | 416,655 | 363,489 | 221,266 |
| Sales and marketing | 34,337 | 33,623 | 31,009 | 29,938 |
| General and administrative | 130,092 | 128,930 | 99,909 | 87,513 |
| Operating income | 268,111 | 251,388 | 225,636 | 97,042 |
| Finance costs | 22,561 | 26,175 | 22,244 | 19,078 |
| Finance income | 5,772 | 1,468 | 950 | 436 |
| Share of profit of equity-method investments | · | 0 | 0 | 272 |
| Other gains and losses | 2,469 | 3,617 | 871 | -901 |
| Income before income taxes | 244,842 | 223,618 | 202,378 | 79,692 |
| Income tax expense | 59,403 | 57,544 | 47,134 | 16,971 |
| Net income | 185,439 | 166,074 | 155,244 | 62,721 |
| Net income to ordinary shareholders | · | 166,074 | 155,244 | 62,721 |
| Earnings per share, basic | 1.01 | 0.95 | 0.89 | 0.36 |
| Earnings per share, diluted | 1.01 | 0.95 | 0.89 | 0.36 |
| Weighted average shares, basic | 183,351,506 | 175,362,465 | 175,362,465 | 175,362,465 |
| Weighted average shares, diluted | 183,463,266 | 175,362,465 | 175,362,465 | 175,362,465 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
ifrs-full:RevenueFromContractsWithCustomersCost of revenue what it cost to make or buy what it sold
ifrs-full:CostOfSalesGross profit revenue less the cost of what it sold
ifrs-full:GrossProfitSales and marketing the cost of finding and serving customers
ifrs-full:SellingExpenseGeneral and administrative the cost of running the company itself
ifrs-full:GeneralAndAdministrativeExpenseOperating income profit from running the business, before interest and tax
ifrs-full:ProfitLossFromOperatingActivitiesFinance costs what its borrowing cost
ifrs-full:FinanceCostsFinance income what its cash and investments earned
ifrs-full:FinanceIncomeShare of profit of equity-method investments its share of companies it partly owns
ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethodOther gains and losses gains and costs outside the business
ifrs-full:OtherGainsLossesIncome before income taxes profit before tax
ifrs-full:ProfitLossBeforeTaxIncome tax expense tax charged on the period's profit
ifrs-full:IncomeTaxExpenseContinuingOperationsNet income the whole group's profit, minority holders' share included
ifrs-full:ProfitLossNet income to ordinary shareholders what is left for common shareholders
ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityEarnings per share, basic net income per share outstanding
ifrs-full:BasicEarningsLossPerShareEarnings per share, diluted net income per share, counting every share that could be issued
ifrs-full:DilutedEarningsLossPerShareWeighted average shares, basic the average count of shares outstanding
ifrs-full:WeightedAverageSharesWeighted average shares, diluted the average count with every share that could be issued
ifrs-full:AdjustedWeightedAverageShares