Galiano Gold Inc. (GAU)
Galiano Gold Inc. is an enterprise actively involved in the prospecting, development, and extraction of gold resources. Its principal holding is the Asanko Gold Mine, strategically located in Ghana, West Africa. The company, initially established in 1999, underwent a name change in May 2020, transitioning from its former identity as Asanko Gold Inc. Galiano Gold Inc.'s corporate headquarters are situated in Vancouver, Canada.
Sector: Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industry: Gold
Galiano Gold Inc.
NYSE:GAUBasic Materials · Gold
-4.31%$2.00
AH Close$2.00+0.00%vs close
AH Close$2.00+0.00%vs close
Mkt Cap$523.18M
Float262.05M
O/S261.59M
Inst Own55.1%
SI1.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$328.44M
Net Income-$29.29M
Total Assets$599.05M
Free Cash Flow$43.07M
Debt & Equity
Debt 14%
Equity 86%
Total Debt$37.08M
Total Equity$218.86M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GAU's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$599.05M
Liabilities$377.39M
Accounts Receivable$10.88M
Accounts Payable$22.23M
Inventory$70.8M
PP&E (Net)$388.61M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 |
| Revenue | $328.44M | $231.34M | $0 | $0 | $0 | $0 | -$129.2M | $161.92M | $256.2M | $185.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $7K | $7K | $0 | $0 | $0 |
| YoY Growth | 42.0% | - | - | - | - | - | -179.8% | -36.8% | 38.4% | - | - | - | - | - | - | - | - | - | - | - | -58.8% | 5.6% | - | - | - | - |
| Cost of Revenue | $199.67M | $153.46M | $143K | $0 | $0 | $0 | $100K | $129.05M | $193.59M | $150.9M | $441K | $0 | $408K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $128.77M | $77.88M | -$143K | $0 | $0 | $0 | -$129.3M | $32.87M | $62.61M | $34.26M | -$441K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $0 | $7K | $0 | $0 | $0 |
| Gross Margin | 39.2% | 33.7% | - | - | - | - | 100.1% | 20.3% | 24.4% | 18.5% | - | - | - | - | - | - | - | - | - | - | 100.0% | - | 100.0% | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $566K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $29.47M | $18.58M | $15.14M | $11.1M | $13.48M | $14.76M | $12M | $13.99M | $14.64M | $12.38M | $7.46M | $15.94M | $10.9M | $14.36M | $13.01M | $6.25M | $2.81M | $4M | $3.13M | $1.53M | $492K | $492K | $46K | $18K | $0 | $0 |
| Other | $62.76M | $9.7M | -$35.41M | -$50.52M | $47.1M | -$64.08M | $0 | $1.49M | $2.05M | $10.13M | $3.99M | $1.19M | $1.8M | $18.66M | $105K | $542K | $32K | $22K | $8K | $9K | $5K | -$489K | -$39K | $0 | $6K | $8 |
| Total Operating Expenses | $92.23M | $28.28M | -$20.27M | -$39.42M | $60.58M | -$49.32M | $12M | $14.42M | $15.28M | $21.09M | $11.04M | $15.94M | $12.7M | $36.23M | $13.12M | $6.79M | $2.85M | $4.03M | $3.14M | $1.54M | $496K | $46K | $7K | $18K | $6K | $8 |
| Operating Income (EBIT) | $36.54M | $49.6M | $20.12M | $39.42M | -$60.58M | $49.32M | -$141.3M | $19.72M | $47.97M | $13.18M | -$11.04M | -$15.94M | -$11.65M | -$38.1M | -$13.25M | -$6.82M | -$3.29M | -$4.19M | -$3.8M | -$2.56M | -$520K | -$46K | -$28K | -$21K | $74 | $8 |
| Operating Margin | 11.1% | 21.4% | - | - | - | - | 109.4% | 12.2% | 18.7% | 7.1% | - | - | - | - | - | - | - | - | - | - | -16910.6% | -618.7% | -403.2% | - | - | - |
| Interest Expense | $6.83M | $5.29M | $17K | $25K | $32K | $0 | $12K | $9.78M | $17.16M | $13.45M | $104K | $90K | $27K | $57K | $37K | $19K | $20K | -$4.19M | -$3.8M | -$2.56M | -$520K | $0 | $0 | $0 | $74 | $8 |
| Interest Income | $3.56M | $4M | $2.9M | $1.04M | $257K | $516K | $871K | $716K | $631K | $634K | $1.01M | $1.25M | $1.02M | $1.56M | $505K | $113K | $176K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$6.06M | -$41.06M | $5.96M | $1.39M | -$8.31M | $8.06M | -$30.53M | -$148.42M | -$17.58M | -$14.96M | -$255K | -$9.05M | $10.01M | -$161K | -$37K | $4.02M | -$20K | $0 | $0 | $0 | $0 | $496K | $7K | $8K | -$6K | -$15 |
| Income Before Tax (EBT) | $30.48M | $8.54M | $26.09M | $40.81M | -$68.88M | $57.38M | -$171.83M | -$128.7M | $30.39M | -$1.78M | -$11.29M | -$24.99M | -$1.69M | -$38.15M | -$13.28M | -$36.43M | -$3.31M | -$4.19M | -$3.8M | -$2.56M | -$2.56M | -$520K | -$22K | -$14K | -$6K | -$8 |
| Income Tax Expense | $61.28M | $0 | $0 | $0 | $0 | $0 | $0 | $12.51M | $24.07M | $11.44M | -$2.98M | -$2.35M | $27K | $38.15M | $0 | $6.84M | $3.31M | $4.19M | $3.8M | $2.56M | $520K | $43K | $22K | $14K | $0 | $0 |
| Net Income | -$29.29M | $6.12M | $26.09M | $40.81M | -$68.88M | $57.38M | -$171.83M | -$141.37M | $5.78M | -$13.22M | -$8.31M | -$22.64M | -$1.69M | -$38.15M | -$13.28M | -$6.84M | -$3.31M | -$4.19M | -$3.8M | -$2.56M | -$520K | -$520K | -$43K | -$22K | -$6K | -$8 |
| Net Income Margin | -8.9% | 2.6% | - | - | - | - | 133.0% | -87.3% | 2.3% | -7.1% | - | - | - | - | - | - | - | - | - | - | -16910.6% | -6974.6% | -603.0% | - | - | - |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | -0.11 | 0.02 | 0.12 | 0.17 | -0.31 | 0.26 | -0.21 | -0.64 | 0.03 | -0.07 | -0.04 | -0.14 | -0.02 | -0.51 | -0.27 | -0.18 | -0.12 | -0.17 | -0.24 | -0.27 | -0.08 | -0.07 | -0.01 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.11 | 0.02 | 0.12 | 0.17 | -0.31 | 0.26 | -0.21 | -0.64 | 0.03 | -0.07 | -0.04 | -0.14 | -0.02 | -0.51 | -0.27 | -0.18 | -0.12 | -0.17 | -0.24 | -0.27 | -0.08 | -0.07 | -0.01 | -0.00 | -0.00 | -0.00 |
| Weighted Average OS | 258.38M | 250.65M | 224.95M | 224.94M | 224.73M | 223.66M | 225.87M | 220.11M | 203.33M | 198.97M | 194.36M | 164.42M | 85.04M | 75.35M | 49.18M | 49.18M | 38.02M | 24.61M | 15.60M | 15.60M | 6.74M | 4.59M | 4.75M | 3.91M | 4.63M | 4.63M |
| EBITDA | $96.53M | $37.35M | $26.25M | $40.98M | -$68.7M | -$14.59M | -$171.72M | -$71.11M | $111.76M | $64.41M | -$10.65M | -$23.3M | -$1.21M | -$17.55M | -$12.38M | -$36.32M | -$6.81M | -$3.29M | -$4.18M | -$3.79M | -$2.55M | -$492K | -$46K | -$21K | -$6K | $8 |
| EBITDA Margin | 29.4% | 16.1% | - | - | - | - | 132.9% | -43.9% | 43.6% | 34.8% | - | - | - | - | - | - | - | - | - | - | -83028.7% | -6591.0% | -653.3% | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $108.33M | $105.78M | $55.27M | $56.11M | $53.52M | $62.15M | $31.11M | $10.36M | $49.33M | $59.67M | $114.8M | $228.68M | $174.6M | $197.61M | $206.61M | $26.2M | $1.58M | $14.81M | $12.27M | $720K | $558K | $499K | $311K | $307K | $40K | $50 |
| Short-Term Investments | $4.53M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21.58M | $792K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $112.85M | $105.78M | $55.27M | $56.11M | $53.52M | $62.15M | $31.11M | $10.36M | $49.33M | $59.67M | $114.8M | $228.68M | $174.6M | $197.61M | $206.61M | $47.79M | $2.38M | $14.81M | $12.27M | $720K | $558K | $499K | $311K | $307K | $40K | $50 |
| Accounts Receivable | $10.88M | $8.43M | $1.06M | $1.74M | $7.38M | $0 | $4.34M | $2.56M | $7.2M | $24.35M | $18K | $0 | $127K | $244K | $766K | $253K | $121K | $39K | $133K | $49K | $22K | $18K | $0 | $0 | $0 | $0 |
| Inventory | $70.8M | $42.83M | $0 | $0 | $0 | $0 | $0 | $0 | $33.89M | $32.37M | $1.18M | $0 | $0 | $0 | $0 | -$0 | $0 | $2 | $0 | $0 | $0 | $1 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $2.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $648K | $0 | $0 | $0 | $61K | $39K | $19K | $3K | $0 | $1K | $1K | $24K | $0 |
| Total Current Assets | $202.18M | $165.59M | $57.09M | $58.6M | $61.67M | $65.54M | $35.8M | $13.1M | $93.88M | $119.72M | $118.92M | $229.06M | $174.95M | $198.5M | $207.59M | $48.16M | $2.5M | $15M | $12.36M | $760K | $590K | $526K | $330K | $311K | $64K | $50 |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $388.61M | $329.43M | $225K | $332K | $2.1M | $591K | $679K | $114K | $610.82M | $541.24M | $503.55M | $249.11M | $63.41M | $27.81M | $20.67M | $40.65M | $24.2M | $18.68M | $6.27M | $1.28M | $475K | $37K | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $155.98M | $120.96M | $72.43M | $137.46M | $108.03M | $299.4M | $1.84M | $1.75M | $1.7M | $1K | $1K | $627K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.69M | $73.28M | $5.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $8.26M | $5.34M | $0 | $0 | $0 | $0 | $0 | $0 | $4.08M | $1.75M | $1.7M | $2.94M | $3.82M | $0 | $20 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $396.87M | $334.77M | $156.21M | $121.29M | $74.53M | $138.05M | $108.7M | $299.51M | $614.9M | $542.99M | $505.25M | $252.04M | $67.23M | $28.43M | $20.67M | $40.65M | $24.2M | $18.68M | $6.27M | $1.28M | $475K | $37K | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $599.05M | $500.35M | $213.3M | $179.89M | $136.2M | $203.59M | $144.5M | $312.62M | $708.78M | $662.71M | $624.17M | $481.1M | $242.18M | $226.94M | $228.26M | $88.81M | $26.7M | $33.68M | $18.63M | $2.03M | $1.06M | $563K | $330K | $311K | $64K | $50 |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $22.23M | $10.57M | $8.71M | $4.33M | $2.54M | $2.48M | $1.65M | $3.23M | $47.92M | $46.93M | $34.79M | $15K | $0 | $3.76M | $0 | $253K | $0 | $519K | $366K | $305K | $223K | $40K | $31K | $10K | $6K | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36.45M | $469K | $20.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | -$2K | $0 | -$47.92M | -$46.93M | -$34.79M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $126.13M | $46.75M | $0 | $0 | $0 | $0 | $2K | $0 | $0 | $0 | $36K | -$526 | $4.19M | $1.29M | $4M | -$4.11M | $517K | $0 | -$61K | -$81K | -$183K | $130K | -$21K | -$4K | $738 | $56 |
| Total Current Liabilities | $220.58M | $110.81M | $11.99M | $5.8M | $2.64M | $3.62M | $2.32M | $3.47M | $84.37M | $47.4M | $55.39M | $15.35M | $4.19M | $4.81M | $4M | $1.13M | $517K | $366K | $305K | $223K | $40K | $170K | $10K | $6K | $7K | $56 |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $119.24M | $154.5M | $131.88M | $57.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$127.21M | -$173.04M | -$115.06M | -$69.53M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $23.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $41.78M | $19.01M | $9.1M | $12.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $113.52M | $118.83M | $318K | $195K | $478K | $668K | $416K | $300K | $75.21M | $44.38M | $22.49M | $12.64M | $9.39M | $8.74M | $7.5M | $0 | $0 | $0 | $0 | $0 | $0 | $9K | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $156.81M | $141.77M | $396K | $399K | $790K | $1.09M | $930K | $300K | $194.45M | $198.88M | $154.37M | $82.17M | $9.39M | $8.74M | $7.5M | $0 | $0 | $366K | $305K | $223K | $40K | $9K | $10K | $6K | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$366K | -$305K | -$223K | -$40K | -$0 | -$10K | -$6K | $0 | $0 |
| Total Liabilities | $377.39M | $252.58M | $12.38M | $6.2M | $3.43M | $4.71M | $3.25M | $3.77M | $278.81M | $246.29M | $209.76M | $97.52M | $13.58M | $13.55M | $11.5M | $1.13M | $517K | $366K | $305K | $223K | $40K | $179K | $10K | $6K | $7K | $56 |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $619.31M | $616.2M | $579.62M | $579.59M | $579.59M | $578.75M | $578.38M | $578.85M | $561.44M | $556.26M | $540.13M | $505.47M | $334.42M | $334.38M | $0 | $102.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $63K | $1 |
| Retained Earnings | -$454.99M | -$425.69M | -$431.81M | -$457.9M | -$498.71M | -$429.82M | -$487.2M | -$319.27M | -$180.37M | -$186.44M | -$173.23M | -$164.92M | -$142.28M | -$127.04M | -$120.35M | -$23.14M | -$7.94M | -$12.08M | -$7.04M | -$3.21M | -$619K | -$325K | -$43K | -$20K | -$6K | -$8 |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $49.96M | $50.07M | $49.26M | $48.33M | $46.61M | $47.5M | $43.03M | $36.46M | $0 | $23.09M | -$107K | -$70K | -$46K | -$22K | -$14K | $259K | $83K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $54.53M | $52.95M | $53.11M | $52M | $51.88M | $49.96M | $50.07M | $49.26M | $48.33M | $46.61M | $47.5M | $43.03M | $36.46M | $6.05M | $337.11M | $7.93M | $34.13M | $45.4M | $25.36M | $5.02M | $1.64M | $708K | $363K | $325K | -$0 | $0 |
| Total Equity | $218.86M | $243.46M | $200.92M | $173.69M | $132.76M | $198.88M | $141.26M | $308.84M | $429.4M | $416.43M | $414.41M | $383.58M | $228.6M | $213.38M | $216.76M | $87.69M | $26.19M | $33.32M | $18.33M | $1.81M | $1.02M | $383K | $320K | $305K | $57K | -$7 |
| Minority Interest | $2.8M | $4.31M | $0 | $0 | $0 | $0 | $0 | $0 | $570K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $596.25M | $496.04M | $213.3M | $179.89M | $136.2M | $203.59M | $144.5M | $312.62M | $708.22M | $662.71M | $624.17M | $481.1M | $242.18M | $226.94M | $228.26M | $88.81M | $26.7M | $33.68M | $18.63M | $2.03M | $1.06M | $563K | $330K | $311K | $64K | $50 |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $37.08M | $38.87M | $203K | $314K | $419K | $515K | $597K | $0 | $158.33M | $154.97M | $147.09M | $57.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$71.25M | -$66.9M | -$55.07M | -$55.8M | -$53.1M | -$61.64M | -$30.51M | -$10.36M | $109M | $95.3M | $32.29M | -$171.23M | -$174.6M | -$197.61M | -$206.61M | -$26.2M | -$1.58M | -$14.81M | -$12.27M | -$720K | -$558K | -$499K | -$311K | -$307K | -$40K | -$50 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 |
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -$29.29M | $8.54M | $26.09M | $40.81M | -$68.88M | $57.38M | -$167.93M | -$141.21M | $6.65M | -$13.22M | -$8.31M | -$22.64M | -$1.69M | -$38.15M | -$13.28M | -$6.84M | -$3.31M | -$4.19M | -$3.8M | -$2.56M | -$520K | -$43K | -$22K | -$14K | -$6K | -$8 |
| Depreciation & Amortization | $62.88M | $23.74M | $143K | $146K | $148K | $163K | $100K | $40.26M | $64.21M | $52.73M | $59K | $154K | $408K | $422K | $105K | $105K | $63K | $32K | $22K | $8K | $9K | $5K | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $59.16M | -$59.35M | -$100K | $11.43M | $22.77M | $9.91M | -$2.98M | -$2.35M | -$9.69M | $6.04M | -$222K | $0 | -$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $10.31M | $6.87M | $6.16M | $1.65M | $3.17M | $2.17M | $1.79M | $1.65M | $2.72M | $983K | $1.56M | $2.53M | $1.83M | $7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | $43K | $306K | $678K | $5.42M | -$4.59M | $1.68M | -$1.86M | -$6.88M | -$711K | -$1.31M | $222K | $99 | $138 | $197K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$15.46M | $1.17M | $0 | $0 | -$63K | -$81K | $1.76M | -$17.69M | -$3.76M | -$31.2M | -$1.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | -$2.3M | $73K | -$1.76M | -$1.13M | -$1.07M | $41.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $753K | -$5.78M | $1.2M | $1.68M | -$233K | -$152K | -$1.9M | -$5.3M | $15.37M | -$27.95M | -$1.29M | $241 | $181 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$17K | $0 |
| Total Working Capital Change | -$14.66M | -$4.3M | $1.88M | $7.1M | -$7.18M | $1.52M | -$3.76M | -$29.87M | $9.83M | -$18.66M | -$2.47M | -$6.55M | $531K | -$1.85M | $1.13M | -$196K | $135K | $194K | $31K | $174K | $574 | $17K | -$10K | $19K | -$17K | $56 |
| Other Non-Cash Items | $128.76M | $20.89M | -$37.9M | -$47.91M | $649K | -$8.29M | $161.15M | $151.18M | $17.06M | $23.21M | $1.37M | $6.01M | -$1.01M | $3.18M | $260K | $2.74M | $569K | $1.65M | $2.21M | $1.51M | $157K | -$5K | $0 | $0 | $0 | $0 |
| Net Cash from Operating | $157.99M | $55.75M | -$3.63M | $1.78M | -$12.94M | -$6.4M | -$8.75M | $33.43M | $123.24M | $54.96M | -$10.77M | -$22.84M | -$9.61M | -$23.36M | -$3.98M | -$4.19M | -$2.54M | -$2.31M | -$1.53M | -$875K | -$354K | -$25K | -$32K | $5K | -$24K | $49 |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -$114.92M | -$66.9M | -$35K | -$4K | -$1.5M | -$76K | -$39K | -$53.91M | -$123.81M | -$132.35M | -$219.03M | -$64.52M | -$1.44M | -$2.33M | -$988K | -$211K | -$283K | -$11.16M | -$5.02M | -$1.63M | -$210K | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $107.1M | $0 | $0 | $5M | $37.5M | $10M | -$4.79M | $0 | $0 | $0 | $82.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | -$37.5M | $0 | $0 | $0 | $0 | -$1.56M | $0 | $0 | -$1.92M | -$150K | -$20.6M | -$792K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $5M | $37.5M | $20M | $165M | $0 | $0 | $0 | $0 | $0 | $0 | $372K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$22.05M | -$34.41M | $2.9M | $1.04M | -$4.59M | $506K | $210K | -$23.98M | $464K | $26.41M | -$786K | $2.36M | -$13.44M | -$9.23M | -$21.85M | -$9.19M | -$8.63M | $0 | $0 | $0 | -$26K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$136.97M | $5.79M | $2.86M | $1.03M | $3.91M | $37.93M | $30.17M | $82.31M | -$123.35M | -$105.94M | -$219.82M | $20.19M | -$14.88M | -$13.48M | -$22.62M | -$30M | -$9.71M | -$11.16M | -$5.02M | -$1.63M | -$236K | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | $19.27M | $13.4M | $127K | $130K | $128K | $117K | $39K | $163.75M | - | - | -$85.96M | -$59.1M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $2.67M | $19K | $0 | $564K | $0 | $0 | $17.41M | $3.57M | $5.24M | $34.53M | $1.52M | $0 | $2.33M | $2.33M | $210.28M | $58.73M | $1.76M | $14.53M | $18.09M | $2.65M | $797K | $0 | $262K | $262K | $63K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | -$2.3M | -$958K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$1.43M | $135K | -$348 | $0 | $5K | $1.89M | $332K | -$7.41M | -$13.62M | -$9.13M | $34.53M | -$1.63M | -$3.82M | -$30.39M | $0 | $0 | $0 | $0 | $0 | -$15.45M | $0 | $0 | $10K | $10K | -$199K | -$63K |
| Net Cash from Financing | -$20.69M | -$10.6M | -$108K | -$130K | $441K | -$520K | -$665K | -$154.64M | -$10.05M | -$3.9M | $120.49M | $58.99M | -$3.82M | $2.33M | $213.27M | $58.73M | $1.76M | $14.53M | $18.09M | $2.65M | $797K | $0 | $10K | $262K | $63K | $1 |
| Forex Effect | $2.22M | -$432K | $37K | -$96K | -$42K | $36K | -$7K | -$68K | -$181K | -$247K | -$3.78M | -$2.27M | -$1.69M | -$4.22M | -$1.02M | -$297K | $0 | $0 | -$0 | -$0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $2.55M | $50.51M | -$841K | $2.59M | -$8.63M | $31.04M | $20.75M | -$38.97M | -$10.35M | -$55.13M | -$113.88M | $54.08M | -$30.01M | -$38.72M | $185.65M | $24.24M | -$10.49M | $1.05M | $11.54M | $141K | $208K | -$25K | -$22K | $267K | $40K | $50 |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | $157.99M | $55.75M | -$3.63M | $1.78M | -$12.94M | -$6.4M | -$8.75M | $33.43M | $123.24M | $54.96M | -$10.77M | -$22.84M | -$9.61M | -$23.36M | -$3.98M | -$4.19M | -$2.54M | -$2.31M | -$1.53M | -$875K | -$354K | -$25K | -$32K | $5K | -$24K | $49 |
| Capital Expenditure | -$114.92M | -$66.9M | -$35K | -$4K | -$1.5M | -$76K | -$39K | -$53.91M | -$123.81M | -$132.35M | -$219.03M | -$64.52M | -$1.44M | -$2.33M | -$988K | -$211K | -$283K | -$11.16M | -$5.02M | -$1.63M | -$210K | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $43.07M | -$11.15M | -$3.67M | $1.78M | -$14.44M | -$6.48M | -$8.79M | -$20.48M | -$577K | -$77.39M | -$229.8M | -$87.36M | -$11.06M | -$25.69M | -$4.97M | -$4.4M | -$2.82M | -$13.48M | -$6.55M | -$2.51M | -$564K | -$25K | -$32K | $5K | -$24K | $49 |
| Cash at Beginning | $105.78M | $55.27M | $56.11M | $53.52M | $62.15M | $31.11M | $10.36M | $49.33M | $59.67M | $114.8M | $228.68M | $174.6M | $204.61M | $236.33M | $50.12M | $1.96M | $12.07M | $13.75M | $727K | $579K | $350K | $349K | $333K | $39K | $46 | $0 |
| Cash at End | $108.33M | $105.78M | $55.27M | $56.11M | $53.52M | $62.15M | $31.11M | $10.36M | $49.33M | $59.67M | $114.8M | $228.68M | $174.6M | $197.61M | $235.77M | $26.2M | $1.58M | $14.81M | $12.27M | $720K | $558K | $323K | $311K | $307K | $40K | $50 |