NMG (NMG) financial statements
Net income was -105M CAD.
Free cash flow was -56M CAD.
The diluted share count rose 486% over the period (dilution).
Income statement
Fiscal years, in CAD, from NMG's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Selling, general and admin | 8M CAD | 24M CAD | 29M CAD | 23M CAD | 24M CAD | 27M CAD |
| Operating income | -17M CAD | -38M CAD | -55M CAD | -55M CAD | -86M CAD | -60M CAD |
| Interest expense | 1M CAD | 1M CAD | — | — | — | — |
| Pre-tax income | -18M CAD | -39M CAD | -47M CAD | -56M CAD | -73M CAD | -105M CAD |
| Income tax | 0 CAD | 400,000 CAD | 400,000 CAD | 400,000 CAD | 400,000 CAD | 400,000 CAD |
| Net income | -18M CAD | -40M CAD | -48M CAD | -56M CAD | -73M CAD | -105M CAD |
| EPS (diluted) | -0.68 CAD | -0.93 CAD | 0.90 CAD | 0.93 CAD | 0.71 CAD | 0.68 CAD |
| Diluted shares | 26M | 43M | 57M | 60M | 103M | 154M |
Balance sheet
Fiscal years, in CAD, from NMG's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | 5M CAD | 62M CAD | 60M CAD | 36M CAD | 106M CAD | 74M CAD |
| Receivables | 829,000 CAD | 3M CAD | 4M CAD | 1M CAD | 1M CAD | 518,000 CAD |
| Total current assets | 10M CAD | 74M CAD | 74M CAD | 43M CAD | 114M CAD | 79M CAD |
| Property, plant and equipment | 4M CAD | 42M CAD | 64M CAD | 69M CAD | 78M CAD | 85M CAD |
| Total assets | 21M CAD | 126M CAD | 150M CAD | 124M CAD | 204M CAD | 174M CAD |
| Total current liabilities | 11M CAD | 16M CAD | 16M CAD | 66M CAD | 47M CAD | 91M CAD |
| Long-term debt | 781,000 CAD | 2M CAD | 2M CAD | 1M CAD | 764,000 CAD | 499,000 CAD |
| Total liabilities | 26M CAD | 21M CAD | 78M CAD | 70M CAD | 50M CAD | 95M CAD |
| Shareholders' equity | -5M CAD | 106M CAD | 72M CAD | 54M CAD | 154M CAD | 80M CAD |
| Net debt | -3M CAD | -60M CAD | -58M CAD | -35M CAD | -105M CAD | -73M CAD |
Cash flow
Fiscal years, in CAD, from NMG's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -18M CAD | -34M CAD | -45M CAD | -40M CAD | -52M CAD | -42M CAD |
| Capital spending | 1M CAD | 37M CAD | 27M CAD | 10M CAD | 14M CAD | 14M CAD |
| Free cash flow | -19M CAD | -71M CAD | -72M CAD | -50M CAD | -66M CAD | -56M CAD |
| Stock-based compensation | 2M CAD | 7M CAD | 9M CAD | 3M CAD | 4M CAD | 4M CAD |
| Net borrowing | -2M CAD | -2M CAD | -208,000 CAD | -282,000 CAD | -744,000 CAD | -250,000 CAD |
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Open NMG in InvestinglyQuestions
How much free cash flow does NMG generate?
-56M CAD in fiscal 2025 (operating cash flow minus capital spending).
From NMG's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.