Stocks ORLA Financial statements
Financial statementsOrla Mining Ltd. financial statements
Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Orla Mining 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
| FY2020 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Revenue | 4.12 | 193 | 234 | 344 | 1,058 | ||
| Cost of revenue | 1.39 | 65.4 | 92.1 | 126 | 496 | ||
| Gross profit | 2.73 | 128 | 142 | 218 | 562 | ||
| Selling, general and administrative | 4.33 | 7.21 | 10.9 | 13.4 | 16.9 | 46.1 | |
| General and administrative | 0.53 | 0.64 | 3.85 | 5.19 | |||
| Operating income | 49.4 | 207 | 619 | ||||
| Pre-tax income | -26.3 | 78.4 | 7.59 | 176 | 261 | ||
| Income tax | 0 | 0 | 32.6 | 34.6 | 87.3 | 154 | |
| Net income | -22.2 | -27.7 | -26.3 | 45.8 | -27 | 89 | 107 |
| EBITDA | 78.1 | 248 | 764 | ||||
| EPS, basic | 0.13 | -0.11 | 0.17 | -0.09 | 0.28 | 0.33 | |
| EPS, diluted | 0.13 | -0.11 | 0.16 | -0.09 | 0.27 | 0.30 |
Balance sheet
| FY2020 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | 23.1 | 72.2 | 20.5 | 96.3 | 96.6 | 161 | 421 |
| Receivables | 0.04 | 0.31 | 0.37 | 0.38 | 0.23 | 9.91 | |
| Inventory | 9.66 | 22.4 | 29.5 | 29.2 | 85.7 | ||
| Total current assets | 73.1 | 48.3 | 133 | 145 | 205 | 571 | |
| Property, plant and equipment | 0.28 | 0.71 | 7.64 | 224 | 212 | 203 | 1,321 |
| Total assets | 151 | 239 | 365 | 614 | 536 | 598 | 2,078 |
| Accounts payable | 0.8 | 3.38 | 6.82 | 11.7 | |||
| Total current liabilities | 7.73 | 37.8 | 97.8 | 28.7 | 51.6 | 530 | |
| Lease liabilities | 0.14 | 1.03 | 2.33 | 1.99 | 1.35 | 6.35 | |
| Total liabilities | -25.9 | 78.6 | 180 | 217 | 135 | 90.9 | 1,422 |
| Total debt | 161 | 146 | 88.4 | 356 | |||
| Paid-in capital | 29.9 | 29.3 | 24 | 24.4 | 25.2 | 22.6 | |
| Retained earnings | -90.3 | -117 | -70.8 | -97.8 | -8.79 | 93 | |
| Total equity | 125 | 161 | 184 | 397 | 401 | 507 | 656 |
| Total liabilities and equity | 99.3 | 239 | 365 | 614 | 536 | 598 | 2,078 |
Cash flow statement
| FY2020 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Net income | -22.2 | -27.7 | -26.3 | 45.8 | -27 | 89 | 107 |
| Depreciation and amortization | 15 | 28.6 | 40.7 | 146 | |||
| Cash from operations | -19.4 | -18.1 | -24.7 | 95.3 | 65.3 | 175 | 803 |
| Capital expenditures | -0.02 | -0.29 | -3.3 | -5.73 | -8.15 | -16.1 | -35.1 |
| Cash from investing | -1.06 | -36.9 | -113 | -13.4 | -41.7 | -21.9 | -920 |
| Debt issued | 24.6 | 50 | 50 | ||||
| Debt repaid | -10.8 | -88.4 | -65 | ||||
| Stock issued | 53.4 | 34.4 | |||||
| Cash from financing | 30.5 | 101 | 86 | -5.38 | -23.1 | -86.6 | 377 |
| Exchange rate effect | 0.8 | 3.51 | 0.39 | -0.81 | -0.08 | -1.9 | -0.06 |
| Net change in cash | 10.9 | 49.1 | -51.7 | 75.8 | 0.35 | 64.2 | 260 |
| Free cash flow | -19.4 | -18.4 | -28 | 89.6 | 57.1 | 159 | 768 |
| Income taxes paid | 14.5 | 37.3 |
Key metrics
Profitability
| Metric | Value | How it is calculated |
|---|---|---|
| Gross margin | 53.2% | Gross profit / revenue. |
| Operating margin | 58.5% | Operating income / revenue. |
| EBITDA margin | 72.2% | EBITDA (operating income + depreciation and amortization) / revenue. |
| Pre-tax margin | 24.7% | Pre-tax income / revenue. |
| Net margin | 10.1% | Net income / revenue. |
| FCF margin | 72.6% | Free cash flow (cash from operations - capital expenditures) / revenue. |
| Operating cash flow margin | 75.9% | Cash from operations / revenue. |
| Effective tax rate | 59.1% | Income tax / pre-tax income, when pre-tax income is positive. |
| Return on assets (ROA) | 8.0% | Net income / average total assets. |
| SG&A / revenue | 4.4% | Selling, general and administrative expense / revenue. |
| Capex / revenue | 3.3% | Capital expenditures / revenue. |
| D&A / revenue | 13.8% | Depreciation and amortization / revenue. |
Growth
| Metric | Value | How it is calculated |
|---|---|---|
| Revenue growth, 1y | 207.6% | Revenue vs the same period a year earlier. Only from a positive base. |
| Revenue CAGR, 3y | 76.2% | Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Gross profit growth, 1y | 158.4% | Gross profit vs the same period a year earlier. Only from a positive base. |
| Gross profit CAGR, 3y | 63.8% | Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Operating income growth, 1y | 199.1% | Operating income vs the same period a year earlier. Only from a positive base. |
| EBITDA growth, 1y | 208.8% | EBITDA vs the same period a year earlier. Only from a positive base. |
| Net income growth, 1y | 20.1% | Net income vs the same period a year earlier. Only from a positive base. |
| Net income CAGR, 3y | 32.7% | Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| EPS growth, 1y | 11.1% | EPS vs the same period a year earlier. Only from a positive base. |
| EPS CAGR, 3y | 23.3% | Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| EPS CAGR, 5y | 18.2% | Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Operating cash flow growth, 1y | 360.0% | Operating cash flow vs the same period a year earlier. Only from a positive base. |
| Operating cash flow CAGR, 3y | 103.5% | Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Free cash flow growth, 1y | 384.6% | Free cash flow vs the same period a year earlier. Only from a positive base. |
| Free cash flow CAGR, 3y | 104.7% | Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Total assets growth, 1y | 247.3% | Total assets vs the same period a year earlier. Only from a positive base. |
| Total assets CAGR, 3y | 50.2% | 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 | 54.1% | 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 | 1.08x | Current assets / current liabilities. |
| Quick ratio | 0.81x | (Cash + short-term investments + receivables) / current liabilities. |
| Cash ratio | 0.79x | (Cash + short-term investments) / current liabilities. |
| Debt / assets | 17.1% | Total debt / total assets. |
| Liabilities / assets | 68.4% | Total liabilities / total assets. |
| Net debt | -$65.0M | Total debt - cash - short-term investments. Negative means more cash than debt. |
| Net debt / EBITDA | -0.09x | Net debt / EBITDA (twelve months), when EBITDA is positive. |
| Working capital | $41.3M | Current assets - current liabilities. |
Efficiency
| Metric | Value | How it is calculated |
|---|---|---|
| Asset turnover | 0.79x | Revenue / average total assets. |
| Fixed asset turnover | 1.39x | Revenue / average property, plant and equipment. |
| Inventory turnover | 8.62x | Cost of revenue / average inventory. |
| Days inventory | 42 days | 365 x average inventory / cost of revenue. |
| Receivables turnover | 209x | Revenue / average receivables. |
| Days sales outstanding | 2 days | 365 x average receivables / revenue. |
| FCF conversion | 718.6% | Free cash flow / net income, when net income is positive. |
| Capex / operating cash flow | 4.4% | Capital expenditures / cash from operations, when that is positive. |
Per share
| Metric | Value | How it is calculated |
|---|---|---|
| EPS, diluted | $0.30 | 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 | $0.33 | Net income per basic share, as reported (split-adjusted). |
Valuation
| Metric | Value | How it is calculated |
|---|---|---|
| Market cap | $3.21B | Share price x shares outstanding. |
| Enterprise value | $3.15B | Market cap + total debt - cash - short-term investments. |
| P/E | 30.0x | Market cap / net income. Only when net income is positive. |
| P/S | 3.04x | Market cap / revenue. |
| P/FCF | 4.18x | Market cap / free cash flow. Only when free cash flow is positive. |
| P/OCF | 4.00x | Market cap / cash from operations, when positive. |
| EV/Sales | 2.97x | Enterprise value / revenue. |
| EV/EBIT | 5.09x | Enterprise value / operating income, when both are positive. |
| EV/EBITDA | 4.12x | Enterprise value / EBITDA, when both are positive. |
| EV/FCF | 4.10x | Enterprise value / free cash flow, when both are positive. |
| FCF yield | 23.9% | Free cash flow / market cap. |
| Earnings yield | 3.3% | Net income / market cap (the inverse of P/E). |
| PEG | 1.29x | P/E / EPS growth per year over 3 years (in percent). Only when both are positive. |
What was Orla Mining Ltd.'s revenue in fiscal 2025?
Orla Mining Ltd. reported revenue of $1.06B for fiscal 2025, 207.6% higher than the year before.
Was Orla Mining Ltd. profitable in fiscal 2025?
Yes. Net income was $106.9M, a net margin of 10.1%.
How much free cash flow did Orla Mining Ltd. generate in fiscal 2025?
Cash from operations of $803.3M minus capital expenditures of $35.1M left free cash flow of $768.2M.