Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Americas Gold & Silver 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
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
58.9
54.3
68.4
58.4
27.9
45.1
85
95.2
100
118
Cost of revenue
46.1
40
52.1
56.7
31.2
84.8
72.1
-80.7
82.7
84.9
Gross profit
12.7
14.2
16.2
1.69
-3.36
-39.7
12.9
176
17.4
33.1
Selling, general and administrative
5.36
6.65
6.72
9.71
9.13
10.3
9.38
8.61
8.9
28.6
Interest expense
3.06
Pre-tax income
-5
-3.89
-10
-32.3
-31.1
-162
-41.5
-40.2
-48.3
-82.8
Income tax
0.21
-0.43
0.67
1.96
-1
-1.61
3.72
-2.06
0.68
4.62
Income from continuing operations
-5.21
-3.47
-10.7
-34.2
-30.1
-161
-45.2
-38.2
-48.9
Net income to minority interests
-1.59
-4.91
-2.9
-2.08
-3.22
-3.94
0
Net income
-9.87
-32.7
-25.2
161
-43.1
-35
-45.1
-87.4
EPS, basic
-1.11
-0.23
-0.43
-0.33
EPS, diluted
-1.11
-0.21
-0.43
-0.33
Balance sheet
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
24.1
9.33
3.46
20
4.71
2.9
1.96
2.06
20
130
Receivables
4
6.63
7.71
5.27
5.1
8.21
11.6
9.49
7.13
8.86
Inventory
6.62
9.37
8.14
7.16
8.07
10
8.84
8.66
10.7
10.7
Total current assets
36.6
26.2
29.4
34.9
20.1
23.5
25.4
23
40.7
154
Property, plant and equipment
80.5
100
96.4
190
259
178
161
153
147
249
Lease right-of-use assets
0.9
0.9
Total assets
117
127
127
231
285
213
191
180
193
413
Accounts payable
8.73
10.4
14.3
22.7
21.1
20.6
27.1
23
37.3
38.8
Short-term debt
7.76
2.97
5.56
Total current liabilities
16.5
14.4
23
34.8
39
45.7
42.1
61.2
68.6
86.2
Lease liabilities
28.9
19.7
24.3
27.2
Total liabilities
30.1
39.4
43
92
104
110
92.2
108
131
191
Total debt
15
11.1
Retained earnings
-156
-160
-170
-203
-230
-388
-429
-463
-582
-669
Shareholders' equity
87.1
88.1
84.2
126
170
93.1
81.2
53.4
62.1
222
Minority interests
12.7
11.5
10.8
17.4
18.8
0
Total equity
87.1
88.1
84.2
139
181
104
98.6
77.4
62.1
222
Total liabilities and equity
117
127
127
231
285
213
191
180
193
413
Cash flow statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-9.87
-32.7
-25.2
161
-43.1
-38.2
-49
-87.4
Depreciation and amortization
7.39
6.71
10.6
13.3
7.97
15.8
21.3
20.8
24.1
21.2
Cash from operations
5.39
1.58
8.64
14.1
-18.9
-50.9
-1.18
-1.01
-3.07
-3.95
Capital expenditures
-4.66
-7.18
-14.9
-11.6
-11.6
-12.6
-19.6
19.9
-18.9
-69.2
Cash from investing
-7.97
-26.7
-18.8
-22.1
-70.5
-14.1
-19.6
-18.1
-18.9
-68.2
Debt issued
5
Debt repaid
-2.5
Stock issued
9.61
2.48
9.82
5.03
0
Cash from financing
26.5
10.5
4.27
24.4
74
63.4
17.4
20.3
35.1
183
Exchange rate effect
-1.17
-0.14
0.05
0.15
0.16
-0.2
2.41
-1.08
4.74
-0.93
Net change in cash
22.7
-14.7
-5.86
16.5
-15.3
-1.81
-0.94
0.1
17.9
110
Free cash flow
0.73
-5.6
-6.26
2.59
-30.5
-63.6
-20.8
18.9
-21.9
-73.2
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $4.83 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
28.0%
Gross profit / revenue.
Pre-tax margin
-70.2%
Pre-tax income / revenue.
Net margin
-74.1%
Net income / revenue.
FCF margin
-62.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-3.3%
Cash from operations / revenue.
Return on equity (ROE)
-61.6%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-28.9%
Net income / average total assets.
SG&A / revenue
24.2%
Selling, general and administrative expense / revenue.
Capex / revenue
58.7%
Capital expenditures / revenue.
D&A / revenue
18.0%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
17.7%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
11.5%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
33.4%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
89.5%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
36.8%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
256.7%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
39.7%
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
5.5%
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
114.4%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
29.4%
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
7.7%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.78x
Current assets / current liabilities.
Quick ratio
1.61x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.51x
(Cash + short-term investments) / current liabilities.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.33
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
$1.63B
Share price x shares outstanding.
Enterprise value
$1.50B
Market cap + total debt - cash - short-term investments.
P/S
13.8x
Market cap / revenue.
P/B
7.37x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
7.37x
Market cap / tangible book value, when positive.
EV/Sales
12.7x
Enterprise value / revenue.
FCF yield
-4.5%
Free cash flow / market cap.
Earnings yield
-5.4%
Net income / market cap (the inverse of P/E).
What was Americas Gold & Silver Corp's revenue in fiscal 2025?
Americas Gold & Silver Corp reported revenue of $117.9M for fiscal 2025, 17.7% higher than the year before.
Was Americas Gold & Silver Corp profitable in fiscal 2025?
No. It reported a net loss of $87.4M.
How much free cash flow did Americas Gold & Silver Corp generate in fiscal 2025?
Cash from operations of $3.9M minus capital expenditures of $69.2M left free cash flow of -$73.2M.
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.