Financials Endeavour Silver Corp.

Equities

EDR

CA29258Y1034

Non-Gold Precious Metals & Minerals

Market Closed - Toronto S.E. Other stock markets 02:30:00 17/01/2026 am IST			5-day change	1st Jan Change
16.26 ^CAD	+1.06%		+9.86%	+25.95%

16/01	Endeavour Silver Corp. Provides Consolidated Production Guidance for the Year 2026	CI
16/01	Endeavour Silver Outlines 2026 Guidance, Closes Sale of Bolanitos Mine	MT

Projected Income Statement: Endeavour Silver Corp.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	175.8	211.8	286.2	276.8	314.2	637	1,155	1,181
Change	-	20.46%	35.09%	-3.27%	13.48%	102.77%	81.32%	2.22%
EBITDA ¹	37.34	41.45	71.58	58.47	14.48	118.7	521	657.7
Change	-	11.02%	72.68%	-18.32%	-75.23%	719.61%	338.99%	26.23%
EBIT ¹	-0.4672	28.49	31.94	49.33	11.98	2.308	377.6	485.2
Change	-	6,197.77%	12.13%	54.41%	-75.71%	-80.74%	16,263.31%	28.48%
Interest Paid ¹	-1.718	-1.259	-1.769	-	-2.235	-5.378	-4.156	-3.878
Earnings before Tax (EBT) ¹	-1.339	38.05	33.97	24.59	-31.76	-80.13	399.3	459.1
Change	-	2,942.18%	-10.72%	-27.6%	-229.15%	-152.3%	598.24%	14.99%
Net income ¹	1.467	17.88	8.442	8.25	-45.44	-96.98	278.2	353.8
Change	-	1,118.73%	-52.79%	-2.28%	-650.84%	-113.42%	386.82%	27.19%
Announcement Date	01/03/21	10/03/22	02/03/23	11/03/24	11/03/25	-	-	-

¹CAD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	77.73	41.65	60.08	43.01	62.15	75.18	39.53	53.48	111.6	74.13	66.99	67.6	68.04	87.17	80.53	74.17	60.93	88.92	117.3	201	232.9	279.3	268.2	257.1	260.9
Change	-	-46.41%	44.24%	-28.4%	44.49%	20.96%	-47.42%	35.29%	108.74%	-33.59%	-9.64%	0.91%	0.65%	28.11%	-7.62%	-7.9%	-17.85%	45.94%	31.97%	71.26%	15.88%	19.93%	-3.96%	-4.14%	1.46%
EBITDA	-	29	-	-	-	-	4.311	8.396	-	30.11	-	-	-	-	-	-	-	-	12.51	38.31	-	-	-	-	-
Change	-	-	-	-	-	-	-	94.75%	-	-	-	-	-	-	-	-	-	-	-	206.28%	-	-	-	-	-
EBIT ¹	15.77	17.26	1.046	3.781	5.227	16.36	-1.732	-1.751	18.44	9.282	7.211	-5.226	7.211	4.516	14.12	5.269	-0.7219	5.643	-6.582	2.552	0.835	79.5	90.71	103.4	104
Change	-	9.47%	-93.94%	261.37%	38.25%	212.99%	-110.59%	-1.07%	1,153.24%	-49.67%	-22.31%	-172.46%	237.99%	-37.37%	212.61%	-62.67%	-113.7%	881.73%	-216.65%	138.77%	-67.29%	9,420.88%	14.11%	14%	0.56%
Charge d'intérêts ¹	-0.4203	-0.3516	-0.2707	-0.2431	-0.3618	-0.3856	-0.4329	-0.4184	-0.4832	-0.5347	-0.5037	-0.435	-	-	-	-0.7052	-0.6426	-0.5826	-1.564	-1.403	-1.383	-1.383	-1.383	-1.383	-1.383
Earnings before Tax (EBT) ¹	18.73	19.39	11.21	-0.9994	7.082	24.61	-11.36	2.347	17.91	16.81	5.558	1.108	0.9593	5.747	-15.63	-18.46	-2.31	-38.99	-20.03	-52.71	30.74	112.8	102.1	89.89	93.62
Change	-	3.54%	-42.17%	-108.91%	808.61%	247.47%	-146.17%	120.66%	663.13%	-6.14%	-66.94%	-80.07%	-13.4%	499.13%	-372.03%	-18.05%	87.48%	-1,587.73%	48.62%	-163.14%	158.33%	266.8%	-9.43%	-11.99%	4.15%
Net income ¹	25.27	14.8	8.37	-5.574	-0.6036	15.18	-15.31	-2.022	10.84	8.63	-1.41	-3.184	10.73	-1.634	-19.35	-24.03	1.48	-46.08	-28.14	-59.03	21.46	80.89	73.64	65.42	68.04
Change	-	-41.43%	-43.46%	-166.6%	89.17%	2,615.6%	-200.84%	86.79%	636.03%	-20.38%	-116.34%	-125.77%	436.9%	-115.23%	-1,084.16%	-24.19%	106.16%	-3,213.78%	38.93%	-109.79%	136.35%	276.93%	-8.96%	-11.17%	4.01%
Announcement Date	01/03/21	11/05/21	10/08/21	09/11/21	10/03/22	11/05/22	09/08/22	08/11/22	02/03/23	10/05/23	08/08/23	07/11/23	11/03/24	09/05/24	01/08/24	05/11/24	11/03/25	13/05/25	13/08/25	07/11/25	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: Endeavour Silver Corp.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-	-	-	-	18.4	1.98	-	-
Change	-	-	-	-	-	-89.26%	-	-
Announcement Date	01/03/21	10/03/22	02/03/23	11/03/24	11/03/25	-	-	-

¹CAD in Million

Estimates

Cash Flow Forecast: Endeavour Silver Corp.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	32.33	69.16	149.3	158.8	282.8	220.5	91.17	200.1
Change	-	113.88%	115.93%	6.34%	78.09%	-22.02%	-58.66%	119.52%
Free Cash Flow (FCF) ¹	4.162	-27.94	-75.8	-108.9	-243.4	-116.7	335.4	274.8
Change	-	-771.39%	-171.28%	-43.67%	-123.48%	52.05%	387.4%	-18.05%
Announcement Date	01/03/21	10/03/22	02/03/23	11/03/24	11/03/25	-	-	-

¹CAD in Million

Estimates

Forecast Financial Ratios: Endeavour Silver Corp.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	21.23%	19.57%	25.01%	21.12%	4.61%	18.63%	45.11%	55.7%
EBIT Margin (%)	-0.27%	13.45%	11.16%	17.82%	3.81%	0.36%	32.69%	41.09%
EBT Margin (%)	-0.76%	17.96%	11.87%	8.88%	-10.11%	-12.58%	34.57%	38.89%
Net margin (%)	0.83%	8.44%	2.95%	2.98%	-14.47%	-15.22%	24.08%	29.97%
FCF margin (%)	2.37%	-13.19%	-26.49%	-39.34%	-77.47%	-18.32%	29.04%	23.28%
FCF / Net Income (%)	283.61%	-156.24%	-897.85%	-1,320.01%	535.54%	120.33%	120.57%	77.68%
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	0.8%	7.04%	2.24%	-	1.84%	-14.2%	26.8%	20.8%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	1.27x	0.02x	-	-
Debt / Free cash flow	-	-	-	-	-0.08x	-0.02x	-	-
Capital Intensity
CAPEX / Current Assets (%)	18.39%	32.65%	52.18%	57.36%	90.02%	34.62%	7.89%	16.95%
CAPEX / EBITDA (%)	86.6%	166.83%	208.62%	271.59%	1,952.98%	185.82%	17.5%	30.43%
CAPEX / FCF (%)	776.97%	-247.52%	-197.01%	-145.82%	-116.21%	-188.99%	27.18%	72.81%
Items per share
Cash flow per share ¹	0.2368	0.2415	0.3968	0.2523	0.1592	0.3522	1.544	1.684
Change	-	2.01%	64.28%	-36.4%	-36.9%	121.18%	338.54%	9.01%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EPS ¹	0.0127	0.1025	0.0408	0.0404	-0.1877	-0.3515	0.9728	1.214
Change	-	709.79%	-60.16%	-1.03%	-564.35%	-87.28%	376.76%	24.83%
Nbr of stocks (in thousands)	1,57,472	1,70,522	1,89,990	2,14,934	2,62,311	2,94,177	2,94,177	2,94,177
Announcement Date	01/03/21	10/03/22	02/03/23	11/03/24	11/03/25	-	-	-