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Financial statements

Integra Resources Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Integra Resources 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

FY2021FY2021FY2022FY2023FY2024FY2025
Revenue030.4244
Cost of revenue025149
Gross profit05.3794.5
General and administrative0.760.83
Operating income-19.1-31.7-19.2-28.4-16.667.4
Interest expense1.872.74
Pre-tax income-20.2-32.9-19.8-29-8.7719.1
Income tax00000.7421.3
Net income-20.2-32.9-19.8-29-9.5-2.24
EBITDA-28.4-14.7
EPS, basic-1.03-1.45-0.71-0.52-0.10-0.01
EPS, diluted-1.03-1.45-0.71-0.52-0.10-0.01

Balance sheet

FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents29.114.315.98.8252.263.1
Short-term investments0.360.37
Receivables0.660.721.071.053.21
Inventory05858.3
Total current assets29.715.1179.87115130
Property, plant and equipment1.642.632.223.02105166
Lease right-of-use assets0.850.760.820.82
Total assets89.275.261.482.4237311
Accounts payable2.632.492.634.4719.924.1
Short-term debt0.130.20.2210.814.10
Total current liabilities5.695.7215.416.750.136.9
Lease liabilities0.570.380.620.723.4814.2
Total liabilities47.446.140.141.9107126
Total debt0.490.60.3910140
Retained earnings-67.3-100-120-149-159-161
Total equity41.829.121.340.5131185
Total liabilities and equity89.275.261.482.4237311

Cash flow statement

FY2021FY2021FY2022FY2023FY2024FY2025
Net income-20.2-32.9-19.8-29-9.5-2.24
Depreciation and amortization01.86
Cash from operations-16.8-30.5-18.1-26.5-10.172.3
Capital expenditures-0.31-1.19-0.07-0.38-3.33-47.2
Cash from investing0.91-1.29-0.1-4.1928-46.2
Debt issued50
Debt repaid-0.07-0.16-0.2-0.220-0.13
Stock issued23.11911.925.823.40.02
Cash from financing20.917.119.823.525.5-15.7
Exchange rate effect000.08-0.030.51
Net change in cash4.94-14.71.58-7.1143.410.9
Free cash flow-17.2-31.7-18.2-26.8-13.425.1
Income taxes paid08.5

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $2.75 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin38.8%Gross profit / revenue.
Operating margin27.6%Operating income / revenue.
Pre-tax margin7.8%Pre-tax income / revenue.
Net margin-0.9%Net income / revenue.
FCF margin10.3%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin29.6%Cash from operations / revenue.
Effective tax rate111.8%Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)-0.8%Net income / average total assets.
Capex / revenue19.3%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y703.7%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y1,659.0%Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y31.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y71.8%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y28.4%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio3.52xCurrent assets / current liabilities.
Quick ratio1.72x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.72x(Cash + short-term investments) / current liabilities.
Debt / assets0.0%Total debt / total assets.
Liabilities / assets40.5%Total liabilities / total assets.
Net debt-$63.5MTotal debt - cash - short-term investments. Negative means more cash than debt.
Working capital$92.9MCurrent assets - current liabilities.

Efficiency

MetricValueHow it is calculated
Asset turnover0.89xRevenue / average total assets.
Fixed asset turnover1.80xRevenue / average property, plant and equipment.
Inventory turnover2.57xCost of revenue / average inventory.
Days inventory142 days365 x average inventory / cost of revenue.
Days payables54 days365 x average accounts payable / cost of revenue.
Capex / operating cash flow65.3%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.01Net 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-$0.01Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$557.9MShare price x shares outstanding.
Enterprise value$494.4MMarket cap + total debt - cash - short-term investments.
P/S2.29xMarket cap / revenue.
P/FCF22.2xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF7.72xMarket cap / cash from operations, when positive.
EV/Sales2.03xEnterprise value / revenue.
EV/EBIT7.34xEnterprise value / operating income, when both are positive.
EV/FCF19.7xEnterprise value / free cash flow, when both are positive.
FCF yield4.5%Free cash flow / market cap.
Earnings yield-0.4%Net income / market cap (the inverse of P/E).
What was Integra Resources Corp.'s revenue in fiscal 2025?

Integra Resources Corp. reported revenue of $243.9M for fiscal 2025, 703.7% higher than the year before.

Was Integra Resources Corp. profitable in fiscal 2025?

No. It reported a net loss of $2.2M.

How much free cash flow did Integra Resources Corp. generate in fiscal 2025?

Cash from operations of $72.3M minus capital expenditures of $47.2M left free cash flow of $25.1M.

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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