Revenue & Cost Performance

YTD Jan–Mar 2026 · All active contracts

Apr 2026 billing not yet invoiced — revenue pending

YTD Revenue (Actual)

$4.7M

Budget $5.0M

-$292K

YTD Cost (Actual)

$3.6M

Budget $3.5M

-$76K

Gross Margin

$1.1M

23.8% margin

-$368K

Cost Overrun Risk

2 contracts

Above budget on cost

Monthly Revenue vs Budget

ActualBudget

Nov 25

$812K

$820K

Dec 25

$835K

$820K

Jan 26

$921K

$940K

Feb 26

$957K

$940K

Mar 26

$948K

$940K

Apr 26

Pending

Monthly Cost vs Budget

Nov 25

$598K

$610K

Dec 25

$621K

$610K

Jan 26

$658K

$670K

Feb 26

$683K

$670K

Mar 26

$672K

$670K

Apr 26

Pending

YTD Cost Breakdown

Parts & Components$1.9M

53%

Budget: $1.9M · -$53K

Labour — Onsite$1.0M

28%

Budget: $992K · -$21K

Labour — Offsite$474K

13%

Budget: $484K · +$10K

Misc / Consumables$205K

6%

Budget: $193K · -$12K

Margin by Contract

Antamina Mining

22%

Budget: 30%

Yanacocha Mining

32%

Budget: 26%

Las Bambas Mining

15%

Budget: 27%

Tintaya Antapaccay

30%

Budget: 30%

Contract Financial Detail — YTD

Actual vs Budget · Jan–Mar 2026

Contract	Type	Revenue — Actual	Revenue — Budget	Rev Var	Cost — Actual	Cost — Budget	Cost Var	Margin
Antamina Mining QC-2025-001	MARC / CPH	$3,832,000	$4,120,000	-$288,000	$2,975,000	$2,890,000	+$85Koverrun	$857K
Yanacocha Mining QC-2025-008	Fixed Periodic	$160,000	$160,000	+$0	$109,000	$118,000	-$9,000	$51K
Las Bambas Mining QC-2025-015	CSA Visit	$48,000	$52,000	-$4,000	$41,000	$38,000	+$3Koverrun	$7K
Tintaya Antapaccay QC-2024-832	MPA / Milestone	$700,000	$700,000	+$0	$487,000	$490,000	-$3,000	$213K
Total		$4,740,000	$5,032,000	-$292,000	$3,612,000	$3,536,000	$76K	$1.1M