INTERNATIONAL TOWER HILL MINES LTD financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data INTERNATIONAL TOWER HILL MINES 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
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
0
0
0
Cost of revenue
2.45
1.58
General and administrative
0.04
0.04
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
Operating expenses
6.11
6.12
4.87
3.65
4.41
5.92
3.45
3.49
3.79
4.53
Interest income
0.02
0.03
0.12
0.16
0.08
0.02
0.01
0.1
0.08
0.07
Other non-operating income
-1.08
-0.31
0.68
-0.18
-0.1
-0.06
0.4
0.09
0.19
-0.11
Pre-tax income
-7.19
-6.43
-4.19
-3.83
-4.52
-5.98
-3.04
-3.4
-3.6
-4.64
Income tax
0
0
0
0
0
0
0
0
Net income
-7.19
-6.43
-4.19
-3.83
-4.52
-5.98
-3.04
-3.4
-3.6
-4.64
EPS, basic
-0.06
-0.04
-0.02
-0.02
-0.02
-0.03
-0.02
-0.02
-0.02
-0.02
EPS, diluted
-0.06
-0.04
-0.02
-0.02
-0.02
-0.03
-0.02
-0.02
-0.02
-0.02
Shares, basic (weighted)
117
162
182
187
190
195
195
196
200
208
Shares, diluted (weighted)
117
162
182
187
190
195
195
196
200
208
Balance sheet
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
22.5
2.24
10.2
6.94
13
7.78
4.85
1.69
0.99
1.35
Short-term investments
0
0
Receivables
0
Other current assets
0.21
0.18
0.2
0.24
0.16
0.14
0.15
0.3
0.14
0.16
Total current assets
22.7
2.42
10.4
7.18
13.2
7.92
5
1.99
1.14
1.51
Property, plant and equipment
0.02
0.02
0.02
0.02
0.01
0.01
0.01
0.01
0.01
0.01
Total assets
77.9
57.6
65.7
62.6
68.6
63.3
60.4
57.4
56.5
56.9
Accounts payable
0.18
0.08
0.04
0.02
0.2
0.26
0.05
0.09
0.04
0.15
Accrued liabilities
0.21
0.35
0.5
0.32
0.29
0.32
0.23
0.14
0.14
0.35
Total current liabilities
15.1
Total liabilities
15.1
0.43
0.55
0.34
0.49
0.58
0.29
0.23
0.18
0.5
Paid-in capital
34.1
34.5
35
35.1
35.5
36
36.3
36.3
36.9
37.6
Retained earnings
-238
-245
-249
-253
-257
-263
-266
-270
-273
-278
Other comprehensive income
1.34
1.69
1.16
1.57
1.76
1.83
1.5
1.53
1.41
1.6
Shareholders' equity
62.8
57.2
65.2
62.2
68.1
62.7
60.1
57.1
56.3
56.4
Total equity
62.8
57.2
65.2
62.2
68.1
62.7
60.1
57.1
56.3
56.4
Total liabilities and equity
77.9
57.6
65.7
62.6
68.6
63.3
60.4
57.4
56.5
56.9
Shares outstanding
162
162
187
188
195
195
195
196
200
208
Cash flow statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-7.19
-6.43
-4.19
-3.83
-4.52
-5.98
-3.04
-3.4
-3.6
-4.64
Depreciation and amortization
0.01
0
0
0
0.01
0
0
Stock-based compensation
0.11
0.06
0.19
0.41
0.39
0.54
0.45
0.42
0.61
0.7
Change in receivables
0.04
0
-0.1
-0.02
0.09
0.02
0.01
-0.02
0.01
-0.04
Change in payables
-0.13
0.03
0.12
-0.22
0.16
0.09
-0.29
-0.06
-0.05
0.32
Cash from operations
-6.36
-5.83
-3.49
-3.66
-3.89
-5.34
-2.9
-3.19
-2.89
-3.63
Capital expenditures
0
-0.07
-0.1
Sales and maturities of investments
0
0.01
0
Cash from investing
0
0
-0.05
-0.1
0
Stock issued
22
0
12.2
0.06
10.3
0
0.29
0
2.53
3.93
Cash from financing
21.9
-14.7
12.1
0.06
9.82
0
0.29
0
2.3
3.81
Exchange rate effect
0.47
0.35
-0.54
0.41
0.18
0.07
Net change in cash
16
-20.2
7.98
-3.29
6.11
-5.27
-2.93
-3.16
-0.7
0.36
Free cash flow
-5.83
-3.56
-3.76
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 $2.76 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
-1.9%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-1.9%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Book value growth, 1y
0.1%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
-2.1%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y
-3.7%
Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
0.7%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-2.0%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-3.7%
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
4.1%
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
2.1%
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
1.8%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
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.
Operating cash flow per share
-$0.01
Cash from operations / diluted weighted shares.
Book value per share
$0.63
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/B
4.36x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
4.36x
Market cap / tangible book value, when positive.
Earnings yield
-0.4%
Net income / market cap (the inverse of P/E).
What was INTERNATIONAL TOWER HILL MINES LTD's revenue in fiscal 2025?
INTERNATIONAL TOWER HILL MINES LTD reported revenue of $0.0 for fiscal 2025.
Was INTERNATIONAL TOWER HILL MINES LTD profitable in fiscal 2025?
No. It reported a net loss of $4.6M.
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.