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Financial statements

Collective Mining Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Collective Mining Ltd. 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

FY2024FY2024FY2025
General and administrative0.30.270.38
Operating income-19.4-23.8-42
Interest expense0.080.190.87
Pre-tax income-19.7-27.9-52
Net income-19.1-26.9-49.9
EBITDA-19.4-23.8-41.9
EPS, basic-0.33-0.33-0.58
EPS, diluted-0.33-0.33-0.58

Balance sheet

FY2024FY2024FY2025
Cash and equivalents14.238.9130
Total current assets14.539.6131
Property, plant and equipment0.660.6811.2
Intangible assets0.06
Total assets1742.6158
Total current liabilities4.165.488.66
Lease liabilities0.090.071.14
Total liabilities4.255.5512.9
Paid-in capital14.217.133.6
Retained earnings-55.4-82.4-132
Total equity12.737145
Total liabilities and equity1742.6158

Cash flow statement

FY2024FY2024FY2025
Net income-19.1-26.9-49.9
Depreciation and amortization0.020.040.1
Cash from operations-16.9-22.6-35.9
Capital expenditures-0.35-0.24-5.89
Cash from investing-0.35-0.24-14.7
Stock issued21.947.3137
Cash from financing22.349.3141
Exchange rate effect0.69-1.720.52
Net change in cash4.9726.590.2
Free cash flow-17.3-22.8-41.8

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $12.94 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-49.7%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y271.4%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio15.2xCurrent assets / current liabilities.
Quick ratio15.0x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio15.0x(Cash + short-term investments) / current liabilities.
Liabilities / assets8.2%Total liabilities / total assets.
Interest coverage-48.1xOperating income / interest expense.
Working capital$122.6MCurrent assets - current liabilities.
Goodwill and intangibles / assets0.0%(Goodwill + intangible assets) / total assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.58Net 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-$0.58Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$1.20BShare price x shares outstanding.
Enterprise value$1.07BMarket cap + total debt - cash - short-term investments.
FCF yield-3.5%Free cash flow / market cap.
Earnings yield-4.2%Net income / market cap (the inverse of P/E).
Was Collective Mining Ltd. profitable in fiscal 2025?

No. It reported a net loss of $49.9M.

How much free cash flow did Collective Mining Ltd. generate in fiscal 2025?

Cash from operations of $35.9M minus capital expenditures of $5.9M left free cash flow of -$41.8M.

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.

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