Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data GoldMining Inc. 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
FY2020
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating income
-6.32
-10.9
109
-13.7
-25.3
-25.6
-26.3
Interest expense
0
0.15
1.75
1.27
0.05
Pre-tax income
-11.1
109
-14.4
-25.5
-25.2
-25.4
Income tax
0
9.01
-1.21
4.9
2.1
-10.1
Net income to minority interests
0
-0.17
0
-1.69
-2.06
-1.85
Net income
-6.22
-11.1
100
-13.2
-28.8
-25.3
-13.5
EPS, basic
-0.05
-0.08
0.67
-0.09
-0.17
-0.13
-0.07
EPS, diluted
-0.05
-0.08
0.66
-0.09
-0.17
-0.13
-0.07
Balance sheet
FY2020
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
6.48
9.19
11.7
8.33
21.6
11.9
24.9
Short-term investments
0.05
0.1
Total current assets
6.86
10.1
12.3
9.2
23.7
13.3
27.6
Property, plant and equipment
1.82
1.79
1.79
1.83
Total assets
68.3
69.4
200
147
137
121
238
Accounts payable
1.63
2.57
0.99
1.72
1.76
1.6
2.17
Short-term debt
0.35
0
Total current liabilities
1.81
3.06
13.6
11
2.34
4.24
2.91
Lease liabilities
0.01
0.07
0.16
0.33
0.3
0.2
Total liabilities
2.63
3.92
24.5
12.2
4.47
5.8
8.36
Retained earnings
-51.2
-59.9
41.2
28
20.2
-4.44
-7.7
Shareholders' equity
65.6
64.3
176
135
129
114
227
Minority interests
1.2
0
0
3.17
1.4
2.81
Total equity
65.6
65.5
176
135
132
115
230
Total liabilities and equity
68.3
69.4
200
147
137
121
238
Cash flow statement
FY2020
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-6.22
-11.1
100
-13.2
-30.4
-27.3
-15.3
Capital expenditures
-0.04
-0.01
-0.04
-0.17
-0.24
0
Cash from investing
-0.29
-1.29
-2.39
-6.42
-3.76
-1.04
2.04
Debt issued
0
12
0
Cash from financing
1.65
11.3
12.8
13.9
39
13.4
34.4
Exchange rate effect
0.09
0.26
0
0.17
-0.02
0.52
-0.2
Net change in cash
-3.17
2.72
2.47
-3.33
13.4
-9.71
13
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 equity (ROE)
-7.9%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-7.5%
Net income / average total assets.
Return on invested capital (ROIC)
-13.7%
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
Book value growth, 1y
99.4%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
18.9%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y
28.7%
Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
96.7%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
17.3%
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
27.9%
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
9.48x
Current assets / current liabilities.
Quick ratio
8.57x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
8.57x
(Cash + short-term investments) / current liabilities.
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
-CA$0.07
Net income per basic share, as reported (split-adjusted).
Was GoldMining Inc. profitable in fiscal 2025?
No. It reported a net loss of CA$13.5M.
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.