Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data First Mining Gold Corp. files with the SEC in its annual reports.
In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
General and administrative
5.35
5.91
Operating income
-11.4
-0.01
-0.01
-0.01
-30.8
-34.3
-17.8
-9.6
-19.7
-15.7
Interest expense
-0.05
-0.04
-0.03
Interest income
0
0
0
0.18
0.42
-0.26
-0.94
-1.18
-3.38
Pre-tax income
-0.01
-0.01
-35.8
-32.5
-15.6
-7.08
-17.4
-79.4
Income tax
0
0
-0
0
0
0.31
1.58
2.05
1.44
Net income
-11.2
-0.01
-0.01
-0.01
-32.8
-38.4
-16.3
-7.04
-15.3
-77.9
EBITDA
-17.8
-9.56
-19.7
EPS, basic
-0.03
-0.02
-0.02
-0.01
-0.05
EPS, diluted
-0.03
-0.02
-0.02
-0.01
-0.05
-0.02
-0.07
Balance sheet
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0.03
0.02
0.01
5.9
28.9
29.5
13.6
12.2
11.4
43.3
Short-term investments
21.5
21.5
Receivables
1.37
0
0
0
0
0
1.12
0.88
1.32
1.46
Total current assets
40.8
0.02
0.01
0.01
50
43.9
14.9
13.3
15.1
73.9
Property, plant and equipment
0.67
0
0
0
0.57
1.09
1.37
2.1
1.92
1.69
Lease right-of-use assets
0
0
Total assets
270
0.27
0.26
0.27
301
260
267
286
295
349
Accounts payable
0.77
0
0
0
2.01
4.49
2.85
4.83
7.16
13.8
Short-term debt
0
0
Total current liabilities
1.22
1.08
0
0
40.8
8.97
9.25
11.2
14.3
22.2
Lease liabilities
0
0
0.44
0.32
0.17
0.01
0.18
0.1
Total liabilities
3.33
0
0
0.01
57.7
36.4
39.3
47.7
50.4
131
Retained earnings
-21.3
-0.03
-0.04
-0.05
-117
-142
-159
-166
-181
-259
Total equity
0.27
0.26
0.26
262
244
224
228
238
244
218
Total liabilities and equity
270
0.27
0.26
0.27
301
260
267
286
295
349
Cash flow statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-11.2
-0.01
-0.01
-0.01
-32.8
-38.4
-16.3
-7.04
-15.3
-77.9
Depreciation and amortization
0
0.04
0
Cash from operations
-7.08
-0.01
-0
-0
-4.22
-6.44
-5.08
-5.07
-3.95
-7.39
Capital expenditures
-0.46
-0
-0
-0
0.27
0.71
0.6
0.35
0.22
0.15
Cash from investing
7.04
-0.01
-0.01
-0
-12.8
1.85
-15.8
-11.3
-17.9
-14.3
Debt repaid
-0.47
-0
0
Stock issued
27
0
0
0.01
9.12
0
5.33
15.8
14.3
36.4
Cash from financing
32.5
0
0
0.01
40.3
5.26
4.89
15.1
20.7
54
Exchange rate effect
-0.03
-0
0
-0
-0.3
0.05
0.04
0.08
0.22
-0.33
Net change in cash
32.5
-0.02
-0.01
0
23
0.62
-16
-1.35
-0.86
32
Free cash flow
-7.54
-0.01
-0
-0
-3.95
-5.74
-4.48
-4.72
-3.73
-7.24
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-24.2%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
18.3%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
9.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
3.0%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
3.32x
Current assets / current liabilities.
Quick ratio
2.98x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
2.92x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
37.5%
Total liabilities / total assets.
Working capital
CA$51.6M
Current assets - current liabilities.
Per share
Metric
Value
How it is calculated
EPS, diluted
-CA$0.07
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.
Was First Mining Gold Corp. profitable in fiscal 2025?
No. It reported a net loss of CA$77.9M.
How much free cash flow did First Mining Gold Corp. generate in fiscal 2025?
Cash from operations of CA$7.4M minus capital expenditures of CA$151.0K left free cash flow of -CA$7.2M.
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.