Hycroft Mining Holding (HYMC) financial statements
Net income was -$41M.
Free cash flow was -$83M.
The diluted share count rose 143356% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Hycroft Mining Holding's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $14M | $47M | $111M | $33M | $0 | — | — |
| Cost of revenue | — | $31M | $110M | $163M | $54M | $0 | — | — |
| Gross profit | — | -$17M | -$63M | -$53M | -$20M | $0 | — | — |
| Research and development | — | — | — | $14M | $18M | $21M | $20M | $15M |
| Selling, general and admin | $609,581 | $6M | $21M | $15M | $14M | $13M | $14M | $14M |
| Operating income | -$609,581 | -$34M | -$89M | -$84M | -$53M | -$45M | -$44M | -$44M |
| Interest expense | — | $65M | $43M | $21M | $18M | $18M | $20M | $11M |
| Pre-tax income | $2M | -$99M | -$136M | -$90M | -$61M | -$55M | -$61M | — |
| Income tax | $555,449 | $0 | $0 | -$2M | $0 | $0 | $0 | $0 |
| Net income | $2M | -$99M | -$136M | -$89M | -$61M | -$55M | -$61M | -$41M |
| EPS (diluted) | — | -$3,279.50 | -$39.20 | -$14.70 | -$3.58 | -$2.61 | -$2.63 | -$0.94 |
| Diluted shares | — | 0M | 3M | 6M | 17M | 21M | 23M | 43M |
| Gross margin | — | -123.7% | -133.0% | -47.5% | -61.3% | — | — | — |
| Operating margin | — | -247.6% | -190.0% | -75.8% | -161.0% | — | — | — |
| Net margin | — | -721.4% | -289.9% | -80.0% | -183.1% | — | — | — |
Balance sheet
Fiscal years, from Hycroft Mining Holding's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $535,946 | $6M | $56M | $12M | $142M | $106M | $50M | $182M |
| Receivables | — | $97,000 | $426,000 | $0 | $3M | $0 | $369,000 | $609,000 |
| Inventory | — | $4M | $13M | $11M | $3M | $2M | $1M | $1M |
| Total current assets | $588,241 | $39M | $112M | $37M | $152M | $114M | $55M | $187M |
| Property, plant and equipment | — | $32M | $60M | $58M | $55M | $53M | $52M | $50M |
| Total assets | $214M | $135M | $233M | $142M | $249M | $202M | $140M | $263M |
| Total current liabilities | $756,841 | $569M | $22M | $31M | $12M | $12M | $6M | $8M |
| Long-term debt | — | $0 | $143M | $144M | $133M | $143M | $125M | $0 |
| Total liabilities | $8M | $574M | $216M | $211M | $186M | $189M | $174M | $49M |
| Shareholders' equity | -$340M | -$439M | $17M | -$68M | $63M | $13M | -$33M | $214M |
| Net debt | -$535,946 | $548M | $91M | $148M | -$7M | $39M | $75M | -$182M |
Cash flow
Fiscal years, from Hycroft Mining Holding's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$452,715 | -$60M | -$111M | -$37M | -$35M | -$41M | -$36M | -$83M |
| Capital spending | — | $12M | $33M | $7M | $951,000 | $1M | $1M | $564,000 |
| Free cash flow | — | -$72M | -$144M | -$44M | -$36M | -$43M | -$37M | -$83M |
| Stock-based compensation | — | $1M | $2M | $2M | $2M | $3M | $3M | $2M |
| Net borrowing | — | — | — | — | -$33M | -$2M | $0 | -$65M |
| Free cash flow margin | — | -525.7% | -306.0% | -39.8% | -107.8% | — | — | — |
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How much free cash flow does Hycroft Mining Holding generate?
-$83M in fiscal 2025 (operating cash flow minus capital spending).
From Hycroft Mining Holding's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.