Collective Mining (CNL) financial statements
Net income was -$50M.
Free cash flow was -$42M.
The diluted share count rose 47% over the period (dilution).
Income statement
Fiscal years, from Collective Mining's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Selling, general and admin | $303,224 | $265,786 | $384,534 |
| Operating income | -$19M | -$24M | -$42M |
| Interest expense | $78,360 | $189,831 | $873,548 |
| Pre-tax income | -$20M | -$28M | -$52M |
| Net income | -$19M | -$27M | -$50M |
| EPS (diluted) | -$0.33 | -$0.33 | -$0.58 |
| Diluted shares | 58M | 68M | 85M |
Balance sheet
Fiscal years, from Collective Mining's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $14M | $39M | $130M |
| Total current assets | $15M | $40M | $131M |
| Property, plant and equipment | $656,219 | $680,062 | $11M |
| Total assets | $17M | $43M | $158M |
| Total current liabilities | $4M | $5M | $9M |
| Total liabilities | $4M | $6M | $13M |
| Shareholders' equity | $13M | $37M | $145M |
| Net debt | -$14M | -$39M | -$130M |
Cash flow
Fiscal years, from Collective Mining's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | -$17M | -$23M | -$36M |
| Capital spending | $353,506 | $238,925 | $6M |
| Free cash flow | -$17M | -$23M | -$42M |
| Stock-based compensation | $1M | $1M | $3M |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for CNL.
Open CNL in InvestinglyQuestions
How much free cash flow does Collective Mining generate?
-$42M in fiscal 2025 (operating cash flow minus capital spending).
From Collective Mining's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.