Sprott Physical Gold Trust (PHYS) financial statements
Net income was $5.9B.
The diluted share count rose 116% over the period (dilution).
Income statement
Fiscal years, from Sprott Physical Gold Trust's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | $151M | $266M | -$46M | $371M | $764M | -$178M | -$60M | $749M | $1.8B | $6.0B |
| Selling, general and admin | $165,761 | $187,659 | $116,081 | $215,000 | $203,000 | $195,000 | $186,000 | $183,000 | $239,000 | $259,000 |
| Net income | $141M | $255M | -$56M | $360M | $747M | -$198M | -$82M | $724M | $1.7B | $5.9B |
| Diluted shares | 212M | 214M | 206M | 196M | 275M | 334M | 386M | 400M | 405M | 457M |
Balance sheet
Fiscal years, from Sprott Physical Gold Trust's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $3M | $1M | $3M | $5M | $4M | $7M | $294,000 | $25M | $9M | $27M |
| Total assets | $2.1B | $2.3B | $2.0B | $2.5B | $4.9B | $5.0B | $5.7B | $6.5B | $8.6B | $16.0B |
| Total liabilities | $100,136 | $303,109 | $585,191 | $425,000 | $186,000 | $40,000 | $144,000 | $126,000 | $3M | $3M |
| Shareholders' equity | $2.1B | $2.3B | $2.0B | $2.5B | $4.9B | $5.0B | $5.7B | $6.5B | $8.6B | $16.0B |
| Net debt | -$3M | -$1M | -$3M | -$5M | -$4M | -$7M | -$294,000 | -$25M | -$9M | -$27M |
Cash flow
Fiscal years, from Sprott Physical Gold Trust's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$10M | -$10M | -$9M | -$11M | -$17M | -$20M | -$23M | -$25M | -$27M | -$48M |
| Share buybacks (net) | -$355,935 | -$897,854 | -$1M | -$494,000 | — | -$414,000 | -$185,000 | -$4M | -$4M | -$5M |
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Open PHYS in InvestinglyFrom Sprott Physical Gold Trust's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.