Revenue of A$274.8 million was about $20 million lower from the sale of 124,335 ounces of gold at an average realised price of $2210 an ounce, compared to $2330/oz in 2020.
EBITDA fell to $120.2 million from $170.6 million, while the margin dropped to 44% from 58%.
Operating cashflow was $89.2 million, while free cashflow was $22.1 million.
Gold Road's full-year net profit after tax was $36.8 million, down from $80.8 million a year earlier.
The company declared a final fully franked dividend of 0.5c per share, taking full-year dividends to 1c per share.
Gold Road remains debt-free and had $131.5 million cash at the end of 2021.
Shares in the company dropped 1.2% to $1.675, giving it a market capitalisation of $1.4 billion.