PATRIOT GOLD CORP financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data PATRIOT GOLD 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

	FY2017	FY2018	FY2019	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	0	0.05	0.86	1.31	2.47	1.74	1.79	1.93	0.36	0
Cost of revenue	0
Gross profit	0
General and administrative	0.17	0.13	0.1	0.15	0.2	0.22	0.27	0.55	1.41	1.25
Operating expenses		0.81	1	1.08	1.37	1.42	1.02	1.87	2.48	1.9
Operating income	-0.37	-0.76	-0.13	0.23	1.1	0.32	0.76	0.06	-2.12	-1.9
Interest expense									0	0.01
Other non-operating income	1.1	-0.3	-0.15	0.01	-0.24	-0.11	-0.08	0.01	0.03	0.02
Pre-tax income				0.24	0.86	0.21	0.69	0.07	-2.09	-1.88
Income tax	-0.25	-0.23	-0.06	0	-1.17	0.06	0.07	-0.02	1.06	0
Net income	0.73	-1.07	-0.28	0.24	2.03	0.15	0.62	0.08	-3.15	-1.88
EPS, basic	0.01	-0.02	-0.01	0.00	0.03	0.00	0.01	0.00	-0.05	-0.03
EPS, diluted	0.01	-0.02	-0.01	0.00	0.03	0.00	0.01	0.00	-0.05	-0.03
Shares, basic (weighted)	55.8	56.4	60.5	69.8	74.3	74.4	75.6	73.4	60.9	61.2
Shares, diluted (weighted)	65.4	56.4	60.5	69.8	74.4	76.1	75.6	73.4	60.9	61.2

Balance sheet

	FY2017	FY2018	FY2019	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	0.98	0.38	0.11	0.23	1.12	1.42	2.16	1.7	0.4	0.06
Short-term investments	0.44	0.33	0.11	0.16	0.22	0.12	0.04	0.03	0.02	0.05
Receivables		0	0
Other current assets	0	0	0.18	0.15	0.11	0.04	0.17	0.16	0.11	0.07
Total current assets	1.42	0.76	0.7	1.02	2.53	2.68	3.17	2.25	0.53	0.18
Total assets	1.42	0.76	1.71	1.32	3.69	3.79	4.21	3.31	0.53	0.18
Accounts payable	0.02	0.05	0.09	0.02	0.05	0.01	0.03	0.04	0.46	0.87
Accrued liabilities	0
Total current liabilities	0.02	0.05	0.23	0.23	0.23	0.18	0.22	0.28	0.74	2.03
Total liabilities	0.02	0.05	0.23	0.23	0.23	0.18	0.22	0.28	0.74	2.03
Paid-in capital	28.4	28.8	29.8	29.2	29.5	29.5	29.2	28.2	28.1	28.4
Retained earnings	-27.1	-28.1	-28.4	-28.1	-26.1	-25.9	-25.3	-25.2	-28.4	-30.3
Treasury stock	0	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01
Other comprehensive income	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02	-0.01	-0.02
Shareholders' equity	1.4	0.71	1.47	1.09	3.46	3.61	3.99	3.03	-0.21	-1.85
Total equity	1.4	0.71	1.47	1.09	3.46	3.61	3.99	3.03	-0.21	-1.85
Total liabilities and equity	1.42	0.76	1.71	1.32	3.69	3.79	4.21	3.31	0.53	0.18
Shares outstanding	55.9	58.4	74.3	74.3	74.4	74.4	77.8	69.4	60.4	68.3

Cash flow statement

	FY2017	FY2018	FY2019	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	0.73	-1.07	-0.28	0.24	0.86	0.21	0.62	0.08	-3.15	-1.88
Stock-based compensation	0.01	0.37	0.13	0.15	0.31	0	0	0	0	0
Change in receivables		0	-0
Change in payables	-0.16	0.03	0.04	-0.11	0.03	-0.04	0.02	0.01	0.42	0.42
Cash from operations	-0.48	-0.4	-0.05	0.28	0.87	0.29	1.19	0.58	-1.21	-1
Purchases of investments	-0.15	-0.2	0
Sales and maturities of investments	0.04	0	0.07	0.02	0
Cash from investing	0.89	-0.2	-0.23	-0.17	0	0	0	0	0	0
Stock issued	0.17	0	0	0	0.02	0
Share buybacks	0	-0.01	0					-1.04	-0.09	0
Cash from financing	-0.16	0.01	0	0	0.02	0	-0.45	-1.04	-0.09	0.66
Exchange rate effect							0	0	0	-0.01
Net change in cash				0.11	0.9	0.29	0.74	-0.46	-1.3	-0.34
Interest paid	0	0	0	0	0	0	0	0	0	0
Income taxes paid	0	0	0	0	0	0	0	0	0	0

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.04 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Operating margin	5.9%	Operating income / revenue.
Net margin	6.0%	Net income / revenue.
Operating cash flow margin	-28.1%	Cash from operations / revenue.
Return on assets (ROA)	10.9%	Net income / average total assets.
Stock-based pay / revenue	0.0%	Stock-based compensation (from the cash flow statement) / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-100.0%	Revenue vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y	-66.3%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-65.1%	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	-45.4%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.4%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-6.8%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-3.8%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	0.54x	Current assets / current liabilities.
Quick ratio	0.35x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.35x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	184.8%	Total liabilities / total assets.
Working capital	-$832.0K	Current assets - current liabilities.
Tangible book value	-$832.0K	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.81x	Revenue / average total assets.

Per share

Metric	Value	How it is calculated
EPS, diluted	$0.00	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.
Revenue per share	$0.03	Revenue / diluted weighted shares.
Operating cash flow per share	-$0.01	Cash from operations / diluted weighted shares.
Book value per share	-$0.01	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	-$0.01	Tangible book value / shares outstanding.
Cash per share	$0.01	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$2.7M	Share price x shares outstanding.
Enterprise value	$2.1M	Market cap + total debt - cash - short-term investments.
P/E	25.5x	Market cap / net income. Only when net income is positive.
P/S	1.54x	Market cap / revenue.
EV/Sales	1.18x	Enterprise value / revenue.
EV/EBIT	20.0x	Enterprise value / operating income, when both are positive.
Earnings yield	3.9%	Net income / market cap (the inverse of P/E).

What was PATRIOT GOLD CORP's revenue in fiscal 2025?

PATRIOT GOLD CORP reported revenue of $0.0 for fiscal 2025, 100% lower than the year before.

Was PATRIOT GOLD CORP profitable in fiscal 2025?

No. It reported a net loss of $1.9M.

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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