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Financial statements

Osisko Gold Group Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Osisko Gold Group 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

FY2022FY2022FY2023FY2024FY2025
Revenue7.666431.64.5635.5
Cost of revenue7.6656.632.34.7813.9
Gross profit07.4-0.67-0.2221.6
Operating income-157-234-209-62.4-81.7
Interest expense5.7613.48.86.67
Pre-tax income-146-191-204-85.7
Income tax-131.71-22.50.65-0.07
Income from continuing operations-57.3-159
Net income-133-192-182-86.3-169
EPS, basic-3.03-3.02-2.21-0.92-0.95
EPS, diluted-3.03-3.02-2.21-0.92-0.95

Balance sheet

FY2022FY2022FY2023FY2024FY2025
Cash and equivalents33.410643.5107422
Receivables7.95113.952.579.36
Inventory18.617.67.28.77.85
Total current assets61.414167.7123480
Property, plant and equipment83.711297.387.1
Total assets7039687648571,262
Accounts payable25.131.125.426.330.6
Total current liabilities41.95157.3145332
Lease liabilities1.760.960.620.46
Total liabilities119238179286580
Total debt3.7616.918.646.6145
Retained earnings-143-324-511-598-767
Total equity584730585571683
Total liabilities and equity7039687648571,262

Cash flow statement

FY2022FY2022FY2023FY2024FY2025
Net income-133-192-182-86.3-169
Cash from operations-41.4-50.3-43.8-52.3-25
Capital expenditures-47.5-29.4-17.5-36.3-95.9
Cash from investing-157-146-66.1-35.2-103
Debt issued4.0217.85.88
Debt repaid-0.25-4.86-5.68-43.8-38.7
Stock issued0.370.140.110.1
Cash from financing34.725547.8145447
Exchange rate effect-0.3614.2-0.435.27-3.34
Net change in cash-16472.5-62.563.2316
Free cash flow-88.9-79.7-61.3-88.6-121

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

MetricValueHow it is calculated
Gross margin60.9%Gross profit / revenue.
Operating margin-230.4%Operating income / revenue.
Net margin-476.4%Net income / revenue.
FCF margin-340.7%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-70.5%Cash from operations / revenue.
Return on assets (ROA)-16.0%Net income / average total assets.
Capex / revenue270.2%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y678.0%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-17.9%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 3y42.9%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y47.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y9.2%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.45xCurrent assets / current liabilities.
Quick ratio1.30x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.27x(Cash + short-term investments) / current liabilities.
Debt / assets11.5%Total debt / total assets.
Liabilities / assets45.9%Total liabilities / total assets.
Net debt-CA$277.7MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-12.2xOperating income / interest expense.
Working capitalCA$148.0MCurrent assets - current liabilities.

Efficiency

MetricValueHow it is calculated
Asset turnover0.03xRevenue / average total assets.
Inventory turnover1.68xCost of revenue / average inventory.
Days inventory218 days365 x average inventory / cost of revenue.
Receivables turnover5.95xRevenue / average receivables.
Days sales outstanding61 days365 x average receivables / revenue.
Days payables749 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-470 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-CA$0.95Net 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$0.95Net income per basic share, as reported (split-adjusted).
What was Osisko Gold Group Inc.'s revenue in fiscal 2025?

Osisko Gold Group Inc. reported revenue of CA$35.5M for fiscal 2025, 678% higher than the year before.

Was Osisko Gold Group Inc. profitable in fiscal 2025?

No. It reported a net loss of CA$169.0M.

How much free cash flow did Osisko Gold Group Inc. generate in fiscal 2025?

Cash from operations of CA$25.0M minus capital expenditures of CA$95.9M left free cash flow of -CA$120.9M.

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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