Financial Highlights
Amerigo is a pure copper play, highly levered to copper price. Amerigo’s MVC operation in Chile generates strong and predictable EBITDA and cash flow, with low capex requirements. Capital repatriation to shareholders is a key corporate goal for Amerigo. The company has a multi-layer strategy in place including share buybacks, sustainable quarterly dividends, and performance dividends to distribute excess cash to shareholders.
Financial Highlights
| Years ended December 31, | |||||
| 2021 | 2020 | 2019 | 2018 | ||
| Financial Results (US$ M) | |||||
| Revenue | 199.55 | 126.43 | 119.80 | 136.83 | |
| Gross profit | 72.09 | 15.39 | 0.40 | 24.98 | |
| Net income (loss) | 39.82 | 6.06 | (9.41) | 10.50 | |
| Operations cash flow | 93.13 | 19.78 | 9.71 | 27.15 | |
| Investment cash flow | (8.10) | (2.72) | (10.59) | (35.96) | |
| Financing cash flow | (36.82) | (10.66) | (13.17) | 3.67 | |
| Financial Position (US$ M) | |||||
| Cash and cash equivalents | 59.79 | 14.09 | 7.16 | 21.34 | |
| Borrowings | 30.40 | 53.77 | 55.90 | 66.21 | |
| Working capital (deficiency) | 24.60 | (6.14) | 15.12 | (16.92) | |
| Total assets | 269.35 | 237.58 | 233.66 | 257.61 | |
| Total liabilities | 130.55 | 126.89 | 131.03 | 148.40 | |
| Retained earnings | 51.32 | 19.44 | 13.38 | 22.79 | |
| Shareholders' equity | 138.79 | 110.68 | 102.63 | 109.21 | |