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Financial statements

Idaho Copper Corp financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Idaho Copper Corp 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

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2023FY2025FY2026
Revenue3.31.670.61
Cost of revenue1.210.730.3
Gross profit2.090.940.31
General and administrative1.671.61.180.120.07
Operating expenses2.762.420.120.220.120.074.1534.722.62
Operating income-0.67-1.49-0.12-0.22-0.12-0.07-4.15-3-4.72-2.62
Interest expense0.340.40.40.43
Interest income0000.01
Other non-operating income-0.1-0.03-0-0-0.15-0.71-0.42-0.45
Pre-tax income-0.76-1.52-0.12-0.22-0.12-0.07
Income tax-0
Income from continuing operations-0.12-0.22-0.12-0.07
Net income-0.76-1.52-1.24-2.32-0.12-0.07-4.3-3.71-5.14-3.07
EBITDA-0.19-1.040.31
EPS, basic-0.84-1.68-1.26-2.10-0.210.00-3.78-0.42-0.42-0.23
EPS, diluted-0.84-1.68-1.26-2.10-0.210.00-3.78-0.42-0.42-0.23
Shares, basic (weighted)0.950.950.950.950.950.951.1510.112.413.4
Shares, diluted (weighted)0.950.950.950.950.950.951.1510.112.413.4

Balance sheet

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2023FY2025FY2026
Cash and equivalents0.520.120.10.430.030.10.02
Receivables0
Inventory0.620.530.5
Other current assets001.130.020.10.03
Total current assets1.380.934.610.120.430.050.210.09
Property, plant and equipment4.43.743.38
Lease right-of-use assets0.01
Intangible assets0.520.470.45
Other non-current assets0.520.470.45
Total assets6.35.144.610.120.530.150.320.19
Accounts payable0.030.10.090.120.350.430.33
Total current liabilities0.260.91.650.860.110.180.451.922.084.68
Total liabilities0.260.91.650.865.156.215.486.65
Total debt0.10.57
Paid-in capital7.367.367.366.477.237.2323.125.33233.7
Retained earnings-2.5-4.03-5.26-7.23-7.36-7.43-27.9-31.6-37.1-40.2
Other comprehensive income0.80.540.49
Shareholders' equity6.044.252.96-0.74-0.11-0.18-4.62-6.06-5.17-6.45
Total equity6.044.252.96-0.74-0.11-0.18-4.62-6.06-5.17-6.45
Total liabilities and equity6.35.144.610.120.530.150.320.19
Shares outstanding0.950.950.950.950.950.959.9310.213.113.9

Cash flow statement

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2023FY2025FY2026
Net income-0.76-1.52-1.24-2.32-0.12-0.07-4.3-3.71-5.14-3.07
Depreciation and amortization0.480.450.43
Stock-based compensation2.772.042.971.45
Change in receivables-000
Change in inventory00.070
Change in payables-0.050.07-0.010.280.08-0.180.15
Cash from operations-0.15-0.89-0.77-0.56-0.07-0.15-0.87-2.5-0.82
Capital expenditures-0.36-0.01-0.09
Cash from investing-0.28-0-0.09-0.080.12
Cash from financing-00.510.840.61-0.050.360.472.570.74
Exchange rate effect0.03-0.020.030.04
Net change in cash-0.4-0.4-0.020.21-0.40.07-0.08
Free cash flow-0.5-0.89-0.86
Interest paid0.090.110.09

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to July 31, 2026; growth uses fiscal years. Valuation uses the share price of $3.07 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-47.3%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-36.5%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y-39.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-28.8%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y8.8%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y126.8%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio5.49xCurrent assets / current liabilities.
Quick ratio5.34x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio5.34x(Cash + short-term investments) / current liabilities.
Liabilities / assets22.9%Total liabilities / total assets.
Interest coverage-4.97xOperating income / interest expense.
Working capital$10.2MCurrent assets - current liabilities.
Tangible book value$11.3MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.34Net 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-$0.24Cash from operations / diluted weighted shares.
Book value per share$0.60Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.60Tangible book value / shares outstanding.
Cash per share$0.65(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$56.7MShare price x shares outstanding.
Enterprise value$44.6MMarket cap + total debt - cash - short-term investments.
P/B5.03xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book5.03xMarket cap / tangible book value, when positive.
Earnings yield-9.4%Net income / market cap (the inverse of P/E).
Was Idaho Copper Corp profitable in fiscal 2026?

No. It reported a net loss of $3.1M.

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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