i-80 Gold (IAUX) financial statements
i-80 Gold reported revenue of $95M in fiscal 2025, up 37.1% a year over 3 years.
Net income was -$199M.
Free cash flow was -$93M.
The diluted share count rose 339% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from i-80 Gold's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $0 | $37M | $55M | $50M | $95M |
| Cost of revenue | $0 | $29M | $53M | $65M | $82M |
| Gross profit | $0 | $4M | -$5M | -$16M | $12M |
| Selling, general and admin | $3M | $6M | $22M | $21M | $29M |
| Operating income | -$28M | -$59M | -$101M | -$89M | -$124M |
| Interest expense | $76,000 | $27,000 | $27M | $33M | $31M |
| Pre-tax income | $97M | -$91M | -$93M | -$120M | -$202M |
| Income tax | $20M | -$12M | -$3M | $1M | -$3M |
| Net income | $88M | -$79M | -$90M | -$122M | -$199M |
| EPS (diluted) | $0.58 | -$0.33 | -$0.33 | -$0.34 | -$0.30 |
| Diluted shares | 153M | 240M | 274M | 359M | 672M |
| Gross margin | — | 9.7% | -9.4% | -31.2% | 12.1% |
| Operating margin | — | -159.3% | -183.9% | -177.0% | -130.7% |
| Net margin | — | -214.3% | -163.3% | -241.4% | -208.9% |
Balance sheet
Fiscal years, from i-80 Gold's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash and short-term investments | $88M | $48M | $16M | $19M | $63M |
| Receivables | $393,000 | $623,000 | $4M | $3M | $2M |
| Inventory | $26M | $17M | $11M | $15M | $29M |
| Total current assets | $121M | $77M | $40M | $42M | $100M |
| Property, plant and equipment | $503M | $529M | $569M | $572M | $556M |
| Total assets | $656M | $642M | $654M | $656M | $703M |
| Total current liabilities | $30M | $86M | $65M | $74M | $138M |
| Long-term debt | $41M | $95M | $163M | $154M | $98M |
| Total liabilities | $249M | $309M | $309M | $315M | $357M |
| Shareholders' equity | $407M | $333M | $345M | $341M | $347M |
| Net debt | -$46M | $46M | $178M | $172M | $111M |
Cash flow
Fiscal years, from i-80 Gold's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | -$13M | -$46M | -$77M | -$83M | -$84M |
| Capital spending | $6M | $50M | $17M | $2M | $10M |
| Free cash flow | -$19M | -$96M | -$95M | -$85M | -$93M |
| Stock-based compensation | $3M | $3M | $2M | $570,000 | $9M |
| Net borrowing | -$21M | -$15M | -$26M | -$33M | -$76M |
| Free cash flow margin | — | -259.9% | -172.8% | -167.9% | -97.9% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for IAUX.
Open IAUX in InvestinglyQuestions
What was i-80 Gold's revenue in 2025?
$95M in fiscal 2025, from its 10-K filing.
How much free cash flow does i-80 Gold generate?
-$93M in fiscal 2025 (operating cash flow minus capital spending).
From i-80 Gold's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.