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Financial statements

Titan Mining Corp financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Titan Mining 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

FY2025FY2025
Revenue64.374.2
Cost of revenue51.556.6
Gross profit12.817.7
Operating income-6.07-17.7
Interest expense0.280.09
Pre-tax income6.72-0.03
Income tax0.170.05
Net income6.72-0.03
EPS, basic0.070.00
EPS, diluted0.070.00

Balance sheet

FY2025FY2025
Cash and equivalents10.217.5
Receivables4.034.47
Inventory8.2410
Total current assets2434.9
Property, plant and equipment30.339
Lease right-of-use assets0.130.22
Total assets55.175
Accounts payable4.497.23
Short-term debt10.16.33
Total current liabilities36.651.5
Lease liabilities0.090.11
Total liabilities52.171.2
Total debt10.19.11
Retained earnings-61.8-61.9
Total equity33.78
Total liabilities and equity55.175

Cash flow statement

FY2025FY2025
Net income6.72-0.03
Cash from operations14.312.6
Capital expenditures-1.82-12.7
Cash from investing-1.78-12.7
Debt repaid-22-10.2
Cash from financing-7.297.53
Exchange rate effect-0.09-0.11
Net change in cash5.137.32
Free cash flow12.5-0.1

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $2.88 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin23.8%Gross profit / revenue.
Operating margin-23.8%Operating income / revenue.
Pre-tax margin-0.0%Pre-tax income / revenue.
Net margin-0.0%Net income / revenue.
FCF margin-0.1%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin16.9%Cash from operations / revenue.
Return on assets (ROA)-0.0%Net income / average total assets.
Capex / revenue17.1%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y15.5%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y38.0%Gross profit vs the same period a year earlier. Only from a positive base.
Net income growth, 1y-100.4%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y-100.0%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y-12.0%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y-100.8%Free cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y35.9%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.68xCurrent assets / current liabilities.
Quick ratio0.43x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.34x(Cash + short-term investments) / current liabilities.
Debt / assets12.2%Total debt / total assets.
Liabilities / assets95.0%Total liabilities / total assets.
Net debt-$8.4MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-206xOperating income / interest expense.
Working capital-$16.6MCurrent assets - current liabilities.

Efficiency

MetricValueHow it is calculated
Asset turnover1.14xRevenue / average total assets.
Fixed asset turnover2.14xRevenue / average property, plant and equipment.
Inventory turnover6.20xCost of revenue / average inventory.
Days inventory59 days365 x average inventory / cost of revenue.
Receivables turnover17.5xRevenue / average receivables.
Days sales outstanding21 days365 x average receivables / revenue.
Days payables38 days365 x average accounts payable / cost of revenue.
Cash conversion cycle42 daysDays inventory + days sales outstanding - days payables.
Capex / operating cash flow100.8%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$0.00Net 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$0.00Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$285.1MShare price x shares outstanding.
Enterprise value$276.7MMarket cap + total debt - cash - short-term investments.
P/S3.84xMarket cap / revenue.
P/OCF22.7xMarket cap / cash from operations, when positive.
EV/Sales3.73xEnterprise value / revenue.
FCF yield-0.0%Free cash flow / market cap.
Earnings yield-0.0%Net income / market cap (the inverse of P/E).
What was Titan Mining Corp's revenue in fiscal 2025?

Titan Mining Corp reported revenue of $74.2M for fiscal 2025, 15.5% higher than the year before.

Was Titan Mining Corp profitable in fiscal 2025?

No. It reported a net loss of $28.0K.

How much free cash flow did Titan Mining Corp generate in fiscal 2025?

Cash from operations of $12.6M minus capital expenditures of $12.7M left free cash flow of -$99.0K.

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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