Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Centerra Gold Inc. 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
FY2021
FY2021
FY2022
FY2023
Revenue
721
900
870
1,103
Gross profit
215
292
179
264
General and administrative
45.7
27.1
47.2
44.9
Operating income
43.9
334
-36.8
17.8
Interest expense
13.8
4.76
9.52
15.3
Pre-tax income
23.8
403
-44.4
13.6
Income tax
7.71
-44
32.8
94.9
Income from continuing operations
16.1
447
-77.2
-81.3
Net income
409
-382
-77.2
-81.3
EBITDA
140
454
60.3
143
EPS, basic
1.39
-1.29
-0.29
-0.37
EPS, diluted
1.37
-1.29
-0.31
-0.38
Balance sheet
FY2021
FY2021
FY2022
FY2023
Cash and equivalents
545
947
532
613
Short-term investments
3.49
2.17
0.83
2.83
Receivables
66.1
76.8
92.2
70.8
Inventory
581
221
317
257
Total current assets
1,373
1,271
991
966
Property, plant and equipment
1,686
1,272
1,273
Lease right-of-use assets
17.3
19.4
14.1
23.9
Total assets
3,136
2,677
2,336
2,281
Accounts payable
233
187
199
202
Total current liabilities
258
227
275
297
Lease liabilities
14.3
14.1
8.73
18.1
Total liabilities
670
633
526
607
Total debt
0
0
0
Retained earnings
1,449
1,022
898
771
Total equity
2,466
2,044
1,810
1,674
Total liabilities and equity
3,136
2,677
2,336
2,281
Cash flow statement
FY2021
FY2021
FY2022
FY2023
Net income
409
-382
-77.2
-81.3
Depreciation and amortization
95.8
121
97.1
125
Cash from operations
930
415
-1.98
246
Capital expenditures
-104
-92.5
-80.9
-85.3
Cash from investing
-303
36.4
-256
-90.3
Debt issued
250
0
Debt repaid
-327
0
Stock issued
7.79
5.04
3.48
2.06
Share buybacks
0
-104
Dividends paid
-39.8
-45
-47.7
-44.9
Cash from financing
-124
-49.1
-158
-74.3
Net change in cash
503
402
-415
81
Free cash flow
826
322
-82.9
160
Income taxes paid
-18.5
17.2
55.6
44.2
Key metrics
Worked out from the statements above. Latest values use fiscal 2023. Valuation uses the share price of $22.56 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
23.9%
Gross profit / revenue.
Operating margin
1.6%
Operating income / revenue.
EBITDA margin
12.9%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
1.2%
Pre-tax income / revenue.
Net margin
-7.4%
Net income / revenue.
FCF margin
14.5%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
22.3%
Cash from operations / revenue.
Effective tax rate
696.1%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
-3.5%
Net income / average total assets.
Capex / revenue
7.7%
Capital expenditures / revenue.
D&A / revenue
11.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
26.7%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
15.2%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
47.9%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
7.0%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 3y
-25.9%
Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y
136.9%
EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y
0.7%
Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 3y
-35.8%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 3y
-42.1%
Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
-2.4%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-10.1%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
3.25x
Current assets / current liabilities.
Quick ratio
2.31x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
2.07x
(Cash + short-term investments) / current liabilities.
Debt / assets
0.0%
Total debt / total assets.
Liabilities / assets
26.6%
Total liabilities / total assets.
Net debt
-$615.8M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA
-4.31x
Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage
1.16x
Operating income / interest expense.
Working capital
$668.6M
Current assets - current liabilities.
Efficiency
Metric
Value
How it is calculated
Asset turnover
0.48x
Revenue / average total assets.
Receivables turnover
13.5x
Revenue / average receivables.
Days sales outstanding
27 days
365 x average receivables / revenue.
Capex / operating cash flow
34.7%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.38
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.
EPS, basic
-$0.37
Net income per basic share, as reported (split-adjusted).
Dividends / FCF
28.0%
Dividends paid / free cash flow, when free cash flow is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$4.51B
Share price x shares outstanding.
Enterprise value
$3.89B
Market cap + total debt - cash - short-term investments.
P/S
4.09x
Market cap / revenue.
P/FCF
28.1x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
18.3x
Market cap / cash from operations, when positive.
EV/Sales
3.53x
Enterprise value / revenue.
EV/EBIT
218x
Enterprise value / operating income, when both are positive.
EV/EBITDA
27.2x
Enterprise value / EBITDA, when both are positive.
EV/FCF
24.3x
Enterprise value / free cash flow, when both are positive.
FCF yield
3.6%
Free cash flow / market cap.
Earnings yield
-1.8%
Net income / market cap (the inverse of P/E).
Dividend yield
1.0%
Dividends paid over the period / market cap.
Shareholder yield
1.0%
(Dividends paid + share buybacks) / market cap.
What was Centerra Gold Inc.'s revenue in fiscal 2023?
Centerra Gold Inc. reported revenue of $1.10B for fiscal 2023, 26.7% higher than the year before.
Was Centerra Gold Inc. profitable in fiscal 2023?
No. It reported a net loss of $81.3M.
How much free cash flow did Centerra Gold Inc. generate in fiscal 2023?
Cash from operations of $245.6M minus capital expenditures of $85.3M left free cash flow of $160.3M.
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.