Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Brazil Potash 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
FY2022
FY2024
FY2024
FY2025
Operating income
-32.7
-13.3
-46.6
-54.9
Interest expense
1.01
Interest income
0.26
0.3
0.02
0.57
Pre-tax income
-32.5
-13
-46.2
-51.8
Income tax
0.16
0.16
0.19
0.35
Net income
-32.6
-13.2
-46.4
-52.2
EPS, basic
0.93
0.37
1.28
1.23
EPS, diluted
0.93
0.37
1.28
1.23
Balance sheet
FY2022
FY2024
FY2024
FY2025
Cash and equivalents
11.8
2.45
18.9
27.8
Total current assets
2.84
21
29.4
Property, plant and equipment
0.94
1.01
0.79
0.91
Lease right-of-use assets
0
0.53
0.5
Total assets
133
141
169
Accounts payable
1.73
3.02
2.62
Total current liabilities
1.73
3.09
2.72
Lease liabilities
0
0.54
0.45
Total liabilities
3.93
5.64
11.2
Retained earnings
-113
-159
-198
Total equity
130
129
135
158
Total liabilities and equity
133
141
169
Cash flow statement
FY2022
FY2024
FY2024
FY2025
Net income
-32.6
-13.2
-46.4
-52.2
Cash from operations
-8.22
-8.2
-11.3
-13.2
Capital expenditures
-0.01
-0.01
-0.01
-0.02
Cash from investing
-3.47
-3.64
-3.77
-10.3
Stock issued
0
0
28
0
Cash from financing
8.35
2.5
31.6
32.5
Exchange rate effect
0
-0.02
-0.16
-0.06
Net change in cash
-3.34
-9.35
16.4
8.92
Free cash flow
-8.23
-8.2
-11.3
-13.2
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $2.36 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-33.6%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
EPS growth, 1y
-3.9%
EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y
9.8%
Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
19.8%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
10.8x
Current assets / current liabilities.
Quick ratio
10.2x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
10.2x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
6.6%
Total liabilities / total assets.
Interest coverage
-54.4x
Operating income / interest expense.
Working capital
$26.6M
Current assets - current liabilities.
Per share
Metric
Value
How it is calculated
EPS, diluted
$1.23
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
$1.23
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$146.2M
Share price x shares outstanding.
Enterprise value
$118.4M
Market cap + total debt - cash - short-term investments.
FCF yield
-9.0%
Free cash flow / market cap.
Earnings yield
-35.7%
Net income / market cap (the inverse of P/E).
Was Brazil Potash Corp. profitable in fiscal 2025?
No. It reported a net loss of $52.2M.
How much free cash flow did Brazil Potash Corp. generate in fiscal 2025?
Cash from operations of $13.2M minus capital expenditures of $22.5K left free cash flow of -$13.2M.
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.