DRDGOLD Limited ADR (DRD) financial statements

Basic Materials · Gold · Market cap $2.0B

DRDGOLD Limited ADR reported revenue of 7.9B ZAR in fiscal 2025, up 13.9% a year over 9 years.

Net income was 2.2B ZAR and the operating margin 37.0%, against 4.9% in 2016.

Free cash flow was 1.3B ZAR, and the company returned 431M ZAR in dividends.

The diluted share count rose 105% over the period (dilution).

Revenue and free cash flow

Fiscal years, $ billions (ZAR).

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<p style="font-size:13px">Source: <a href="https://investingly.io/stocks/DRD/financials">DRDGOLD Limited ADR financials</a> on Investingly</p>

Income statement

Fiscal years, in ZAR, from DRDGOLD Limited ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	2.4B ZAR	2.3B ZAR	2.5B ZAR	2.8B ZAR	4.2B ZAR	5.3B ZAR	5.1B ZAR	5.5B ZAR	6.2B ZAR	7.9B ZAR
Cost of revenue	2.2B ZAR	2.3B ZAR	2.3B ZAR	2.6B ZAR	2.9B ZAR	3.4B ZAR	3.7B ZAR	3.9B ZAR	4.4B ZAR	4.7B ZAR
Gross profit	196M ZAR	32M ZAR	143M ZAR	208M ZAR	1.2B ZAR	1.9B ZAR	1.4B ZAR	1.6B ZAR	1.8B ZAR	3.1B ZAR
Selling, general and admin	—	—	—	—	28M ZAR	40M ZAR	81M ZAR	89M ZAR	109M ZAR	—
Operating income	120M ZAR	-24M ZAR	52M ZAR	125M ZAR	938M ZAR	1.8B ZAR	1.3B ZAR	1.4B ZAR	1.6B ZAR	2.9B ZAR
Interest expense	5M ZAR	6M ZAR	4M ZAR	6M ZAR	10M ZAR	70M ZAR	75M ZAR	71M ZAR	76M ZAR	73M ZAR
Pre-tax income	109M ZAR	-37M ZAR	32M ZAR	105M ZAR	979M ZAR	2.0B ZAR	1.5B ZAR	1.7B ZAR	1.8B ZAR	3.1B ZAR
Income tax	47M ZAR	-50M ZAR	26M ZAR	27M ZAR	344M ZAR	524M ZAR	334M ZAR	405M ZAR	488M ZAR	824M ZAR
Net income	62M ZAR	14M ZAR	6M ZAR	78M ZAR	635M ZAR	1.4B ZAR	1.1B ZAR	1.3B ZAR	1.3B ZAR	2.2B ZAR
EPS (diluted)	14.70 ZAR	3.20 ZAR	1.50 ZAR	11.50 ZAR	0.81 ZAR	1.67 ZAR	1.31 ZAR	1.48 ZAR	1.53 ZAR	2.59 ZAR
Diluted shares	422M	422M	422M	680M	784M	861M	861M	865M	866M	866M
Gross margin	8.1%	1.4%	5.7%	7.5%	29.8%	35.7%	26.9%	28.8%	29.0%	39.7%
Operating margin	4.9%	-1.0%	2.1%	4.5%	22.4%	34.5%	25.5%	25.9%	25.8%	37.0%
Net margin	2.5%	0.6%	0.3%	2.8%	15.2%	27.3%	22.0%	23.3%	21.3%	28.5%

Balance sheet

Fiscal years, in ZAR, from DRDGOLD Limited ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Cash and short-term investments	352M ZAR	254M ZAR	302M ZAR	280M ZAR	1.7B ZAR	2.2B ZAR	2.5B ZAR	2.5B ZAR	522M ZAR	1.3B ZAR
Inventory	—	180M ZAR	233M ZAR	305M ZAR	323M ZAR	340M ZAR	389M ZAR	414M ZAR	460M ZAR	523M ZAR
Total current assets	—	548M ZAR	626M ZAR	656M ZAR	2.2B ZAR	2.7B ZAR	3.1B ZAR	3.2B ZAR	1.5B ZAR	2.3B ZAR
Property, plant and equipment	—	1.5B ZAR	1.5B ZAR	2.8B ZAR	2.6B ZAR	2.8B ZAR	3.1B ZAR	3.9B ZAR	6.8B ZAR	8.5B ZAR
Total assets	—	2.3B ZAR	2.4B ZAR	4.1B ZAR	5.7B ZAR	6.3B ZAR	7.1B ZAR	8.2B ZAR	9.5B ZAR	12.2B ZAR
Total current liabilities	—	257M ZAR	321M ZAR	458M ZAR	746M ZAR	532M ZAR	626M ZAR	719M ZAR	954M ZAR	1.0B ZAR
Total liabilities	—	985M ZAR	1.1B ZAR	1.4B ZAR	1.6B ZAR	1.5B ZAR	1.6B ZAR	1.9B ZAR	2.6B ZAR	3.4B ZAR
Shareholders' equity	1.3B ZAR	1.3B ZAR	1.3B ZAR	2.7B ZAR	4.0B ZAR	4.8B ZAR	5.4B ZAR	6.3B ZAR	6.9B ZAR	8.9B ZAR
Net debt	-352M ZAR	-254M ZAR	-302M ZAR	-280M ZAR	-1.7B ZAR	-2.2B ZAR	-2.5B ZAR	-2.5B ZAR	-522M ZAR	-1.3B ZAR

Cash flow

Fiscal years, in ZAR, from DRDGOLD Limited ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	416M ZAR	52M ZAR	234M ZAR	288M ZAR	1.1B ZAR	1.6B ZAR	1.5B ZAR	1.7B ZAR	1.8B ZAR	3.5B ZAR
Capital spending	100M ZAR	111M ZAR	126M ZAR	347M ZAR	181M ZAR	396M ZAR	584M ZAR	1.1B ZAR	3.0B ZAR	2.3B ZAR
Free cash flow	316M ZAR	-59M ZAR	108M ZAR	-59M ZAR	948M ZAR	1.2B ZAR	914M ZAR	510M ZAR	-1.1B ZAR	1.3B ZAR
Stock-based compensation	—	—	—	—	—	-28M ZAR	18M ZAR	22M ZAR	26M ZAR	30M ZAR
Dividends paid	253M ZAR	51M ZAR	42M ZAR	0 ZAR	564M ZAR	641M ZAR	513M ZAR	515M ZAR	732M ZAR	431M ZAR
Share buybacks (net)	6M ZAR	0 ZAR	0 ZAR	-300,000 ZAR	0 ZAR	0 ZAR	—	—	—	—
Net borrowing	-22M ZAR	0 ZAR	0 ZAR	0 ZAR	0 ZAR	0 ZAR	—	—	—	—
Free cash flow margin	13.0%	-2.5%	4.3%	-2.1%	22.6%	22.4%	17.9%	9.3%	-18.3%	15.9%
Dividends per share	0.60 ZAR	0.12 ZAR	0.10 ZAR	—	0.72 ZAR	0.74 ZAR	0.60 ZAR	0.60 ZAR	0.85 ZAR	0.50 ZAR

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Questions

What was DRDGOLD Limited ADR's revenue in 2025?

7.9B ZAR in fiscal 2025, from its 10-K filing.

How much free cash flow does DRDGOLD Limited ADR generate?

1.3B ZAR in fiscal 2025 (operating cash flow minus capital spending).

From DRDGOLD Limited ADR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.