ADAMANT DRI PROCESSING & MINERALS GROUP financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data ADAMANT DRI PROCESSING & MINERALS GROUP files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2012
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
FY2021
FY2021
FY2022
Revenue
0
0
0
0.72
0.61
1.76
0.05
Cost of revenue
0
1.21
0.29
1.62
0.03
Gross profit
0
-0.49
0.32
0
0.02
General and administrative
1.9
6.62
3.73
4.43
0.62
0.58
0
0.06
0.07
Operating expenses
0.03
-0
-1.05
6.72
4.43
0.62
0.59
0
0.06
0.07
Operating income
-7.21
-4.11
-0.61
-0.57
-0
-0.06
-0.07
Interest expense
0
-1.04
1.12
1.05
1.04
Other non-operating income
-1.98
-1.15
Pre-tax income
-1.9
-7.67
-9.19
-6.22
-0.59
0.63
-0
-0.06
-0.07
Income tax
0
-0.03
-0.03
-0.03
0
0
Income from continuing operations
-1.9
-6.62
-7.21
Net income
-0.03
-1.9
-7.64
-9.16
-6.19
-7.17
21.3
-0
-0.06
-0.07
EBITDA
-4.03
-1.26
2.27
2.16
EPS, basic
-0.08
-0.12
-0.14
-0.10
-0.11
0.32
0.00
0.00
0.00
EPS, diluted
-0.08
-0.12
-0.14
-0.10
-0.11
0.32
0.00
0.00
0.00
Shares, basic (weighted)
24.8
61.2
63.8
63.8
66.7
65.5
20.6
20.6
16.1
Shares, diluted (weighted)
42.6
61.2
63.8
63.8
66.7
65.5
20.6
16.1
16.1
Balance sheet
FY2012
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
FY2021
FY2021
FY2022
Cash and equivalents
0.02
0.03
0.27
0.03
0.18
0.02
0.03
Receivables
0.05
Inventory
0.69
2.25
1.46
0.69
0.46
Other current assets
0.46
0
0
Total current assets
0.73
7.66
4.45
3.54
7.79
0.12
0
Property, plant and equipment
8.07
32.5
27
24.6
23.1
0.41
Goodwill
0
6.54
6.16
5.77
6.12
Intangible assets
0.54
3.64
3.32
3.01
3.1
Total assets
0.02
17.8
60.6
49
42.9
40.6
0.54
0
Accounts payable
0
2.74
5.09
2.86
3.04
0.07
Accrued liabilities
0.61
14
10.9
10.4
12.3
Short-term debt
0.21
0.21
0.2
0.19
Total current liabilities
11.1
59.8
57.1
57.1
61.8
0.09
0.01
0.07
0.04
Total liabilities
0.02
11.1
59.9
57.2
57.2
62
0.09
0.04
Paid-in capital
0.09
5.28
6.95
6.95
7.02
8
7.53
7.54
7.54
7.64
Retained earnings
-0.1
0.04
-7.6
-17.5
-23.7
-30.8
-9.59
-9.42
-9.48
-9.55
Shareholders' equity
8.37
6.7
0.7
-8.89
-14.2
-21.5
0.45
-0.01
-0.07
-0.04
Total equity
8.37
6.7
0.7
-8.89
-14.2
-21.5
0.45
-0.01
-0.07
-0.04
Total liabilities and equity
0.02
17.8
60.6
49
42.9
40.6
0.54
0
Shares outstanding
11.7
24.8
63.8
63.8
63.8
66.8
16
16.1
16.1
16.1
Cash flow statement
FY2012
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
FY2021
FY2021
FY2022
Net income
-0.03
-1.9
-7.64
-9.16
-6.19
-7.17
21.3
-0
-0.06
-0.07
Depreciation and amortization
0.87
3.12
3.18
2.85
2.88
2.73
Stock-based compensation
0
0.07
0.53
0.46
Deferred income tax
0
-0.03
-0.03
-0.03
-0
Change in receivables
-0.01
Change in inventory
-0
0.19
0.42
1.51
0.48
-0
Change in payables
0
0.09
2.62
0.02
0
0.02
Cash from operations
-0.04
-0.96
-13.6
1.11
-3.1
-0.29
-0.47
-0
-0.04
-0.08
Capital expenditures
-0.35
-0.32
-0.01
Cash from investing
0
-6.85
-2.81
0.54
-0.32
-0.01
0
Stock issued
0.04
Cash from financing
0.04
7.81
16.6
-1.89
3.48
0.15
0.47
0
0.04
0.08
Net change in cash
-0.01
-0
0.24
-0.24
0.06
-0.15
0
Free cash flow
0.76
-3.42
-0.3
Interest paid
0
0
0.02
0.02
0.01
0.02
Income taxes paid
0
0
0
0
0.01
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2023; growth uses fiscal years. Valuation uses the share price of $0.15 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
-160.4%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-79.4%
Net income / average total assets.
Return on invested capital (ROIC)
-176.2%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Growth
Metric
Value
How it is calculated
Share count change, 1y
0.0%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share
-$0.00
Cash from operations / diluted weighted shares.
Book value per share
$0.00
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share
$0.00
Tangible book value / shares outstanding.
Valuation
Metric
Value
How it is calculated
Market cap
$12.9M
Share price x shares outstanding.
Enterprise value
$12.9M
Market cap + total debt - cash - short-term investments.
P/B
372x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
372x
Market cap / tangible book value, when positive.
Earnings yield
-0.4%
Net income / market cap (the inverse of P/E).
Was ADAMANT DRI PROCESSING & MINERALS GROUP profitable in fiscal 2022?
No. It reported a net loss of $71.8K.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.