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Financial statements

Metalla Royalty & Streaming Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Metalla Royalty & Streaming Ltd. 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

FY2020FY2021FY2022FY2023FY2024FY2025
Revenue2.772.972.414.65.8811.7
Cost of revenue1.060
Gross profit1.010.620.612.213.379.5
General and administrative1.51.121.11.131.311.17
Operating income-9.82-7.33-4.48-0.06
Interest expense0.330.180.140.210.340.24
Pre-tax income-4.7-10.5-10.9-4.48-5.42-3.57
Income tax-0.28-0.070.041.360.050.67
Income from continuing operations-3.83-8.95-9.82
Net income-4.42-10.4-10.9-5.84-5.48-4.24
EPS, basic-0.13-0.24-0.24-0.11-0.06-0.05
EPS, diluted-0.13-0.24-0.24-0.11-0.06-0.05

Balance sheet

FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents3.62.344.5614.19.729.79
Receivables0.181.31.512.812.524.38
Total current assets4.016.539.5717.71315.4
Total assets53.5113131276269271
Accounts payable1.421.091.295.391.193.97
Short-term debt05.2513.612.70
Total current liabilities1.421.096.5420.613.96.41
Total liabilities5.4512.112.323.116.719.1
Total debt3.5210.510.613.712.612.2
Retained earnings-29.5-45.4-56.3-63.4-68.8-73.1
Total equity48.1101119253252252
Total liabilities and equity53.5113131276269271

Cash flow statement

FY2020FY2021FY2022FY2023FY2024FY2025
Net income-4.42-10.4-10.9-5.84-5.48-4.24
Cash from operations-1.190.3-0.040.52-2.574.41
Cash from investing-3.45-36-1.31-3.59-1.95-2.12
Debt issued013.1
Debt repaid-2.0400-11.9
Dividends paid-1.2400-1.20
Cash from financing4.6932.83.7912.80.48-2.24
Exchange rate effect0.030-0.24-0.21-0.350.03
Net change in cash0.07-2.962.219.55-4.390.08
Income taxes paid0.270.830.410.25

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $10.07 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin80.9%Gross profit / revenue.
Operating margin-0.5%Operating income / revenue.
Pre-tax margin-30.4%Pre-tax income / revenue.
Net margin-36.1%Net income / revenue.
Operating cash flow margin37.6%Cash from operations / revenue.
Return on assets (ROA)-1.6%Net income / average total assets.

Growth

MetricValueHow it is calculated
Revenue growth, 1y99.6%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y69.4%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y33.5%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y181.6%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y150.3%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y56.5%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y0.8%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y27.4%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y38.3%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 ratio2.41xCurrent assets / current liabilities.
Quick ratio2.21x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.53x(Cash + short-term investments) / current liabilities.
Debt / assets4.5%Total debt / total assets.
Liabilities / assets7.1%Total liabilities / total assets.
Net debt$2.4MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-0.27xOperating income / interest expense.
Working capital$9.0MCurrent assets - current liabilities.

Efficiency

MetricValueHow it is calculated
Asset turnover0.04xRevenue / average total assets.
Receivables turnover3.41xRevenue / average receivables.
Days sales outstanding107 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.05Net 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-$0.05Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$941.5MShare price x shares outstanding.
Enterprise value$943.9MMarket cap + total debt - cash - short-term investments.
P/S80.2xMarket cap / revenue.
P/OCF214xMarket cap / cash from operations, when positive.
EV/Sales80.4xEnterprise value / revenue.
Earnings yield-0.5%Net income / market cap (the inverse of P/E).
What was Metalla Royalty & Streaming Ltd.'s revenue in fiscal 2025?

Metalla Royalty & Streaming Ltd. reported revenue of $11.7M for fiscal 2025, 99.6% higher than the year before.

Was Metalla Royalty & Streaming Ltd. profitable in fiscal 2025?

No. It reported a net loss of $4.2M.

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.

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