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Financial statements

PLATINUM GROUP METALS LTD financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data PLATINUM GROUP METALS 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

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Interest income1.131.060.740.360.160.10.180.580.440.28
Pre-tax income-44.1-589-41-16.7-7.06-13-8.25-5.62-4.58-4.52
Income tax-7.491.6600.110.070.06-0.010.040.030.02
Income from continuing operations-36.7-590-41-16.8-7.13-13.1-8.24-5.66-4.61-4.54
Net income to minority interests-16-48-2.34000
Net income-20.7-542-38.7-16.8-7.13-13.1-8.24-5.66-4.61-4.54
EPS, basic2.6043.042.030.520.110.180.090.060.050.04
EPS, diluted2.6043.042.030.520.110.180.090.060.050.04

Balance sheet

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents16.53.413.025.551.316.0612.36.993.70.42
Receivables2.060.860.510.220.260.380.220.230.08
Total current assets7611.36.361.916.6112.87.554.2312.1
Property, plant and equipment1.541.060.450.460.470.350.620.520.41
Lease right-of-use assets0.18
Total assets10141.843.737.451.253.75052.162.1
Accounts payable16.43.574.021.412.461.121.370.910.78
Short-term debt018.70
Total current liabilities62.73.576.84.330.31.121.370.910.78
Lease liabilities0.040.320.260.2
Total liabilities12461.444.841.631.72.122.652.342.65
Retained earnings-668-715-739-746-760-768-775-780-785
Shareholders' equity-11.4-30.7-16.6-20.31.8932.525.726.735.6
Minority interests-11.911.215.516.117.619.121.62323.9
Total equity419-23.3-19.5-1.16-4.1419.551.647.449.859.5
Total liabilities and equity10141.843.737.451.253.75052.162.1

Cash flow statement

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-36.7-590-41-16.8-7.13-13.1-8.24-5.66-4.61-4.54
Cash from operations1.652.62-23.4-4.95-3.12-8.05-4.47-3.79-2.54-3.37
Capital expenditures-133-1340
Cash from investing-128-1187.890.55-5.37-2.81-3.66-5.07-3.72-13.1
Debt issued805102000
Debt repaid0-5-5000-10.6-9.40
Stock issued3388.819.9255.7127.925.91.982.514.2
Cash from financing10797.214.66.444.5915.614.53.72.7413.3
Exchange rate effect-3.285.60.520.49-0.350.02-0.06-0.180.23-0.09
Net change in cash-19.4-18.6-0.922.04-3.94.736.34-5.16-3.52-3.19
Free cash flow-132-132-23.4

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $1.32 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-14.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-7.9%Net income / average total assets.

Growth

MetricValueHow it is calculated
EPS growth, 1y-20.0%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y-23.7%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y-18.3%Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y33.0%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y3.1%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y19.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y5.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y10.7%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 ratio15.4xCurrent assets / current liabilities.
Quick ratio0.63x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.53x(Cash + short-term investments) / current liabilities.
Liabilities / assets4.3%Total liabilities / total assets.
Working capital$11.3MCurrent assets - current liabilities.
Tangible book value$35.6MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted$0.04Net 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$0.04Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$168.8MShare price x shares outstanding.
Enterprise value$168.4MMarket cap + total debt - cash - short-term investments.
P/B4.74xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book4.74xMarket cap / tangible book value, when positive.
Earnings yield-2.7%Net income / market cap (the inverse of P/E).
Was PLATINUM GROUP METALS LTD profitable in fiscal 2025?

No. It reported a net loss of $4.5M.

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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