Sprott Physical Silver (PSLV) financial statements
Net income was $8.5B.
The diluted share count rose 275% over the period (dilution).
Income statement
Fiscal years, from Sprott Physical Silver's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | $98M | $57M | -$82M | $132M | $733M | -$528M | $124M | -$29M | $850M | $8.5B |
| Selling, general and admin | $110,805 | $107,860 | $98,821 | $109,000 | $106,000 | $145,000 | $125,000 | $124,000 | $167,000 | $159,000 |
| Net income | $92M | $50M | -$88M | $126M | $723M | -$550M | $103M | -$54M | $821M | $8.5B |
| Diluted shares | 149M | 148M | 150M | 154M | 213M | 390M | 455M | 492M | 498M | 557M |
Balance sheet
Fiscal years, from Sprott Physical Silver'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 | $2M | $4M | $3M | $3M | $3M | $16M | $6M | $10M | $199M |
| Total assets | $889M | $957M | $875M | $1.1B | $2.4B | $3.6B | $4.1B | $4.1B | $5.2B | $15.3B |
| Total liabilities | $361,742 | $213,522 | $538,595 | $465,000 | $285,000 | $477,000 | $10M | $2M | $2M | $190M |
| Shareholders' equity | $889M | $957M | $875M | $1.1B | $2.4B | $3.6B | $4.1B | $4.1B | $5.2B | $15.1B |
| Net debt | -$3M | -$2M | -$4M | -$3M | -$3M | -$3M | -$16M | -$6M | -$10M | -$199M |
Cash flow
Fiscal years, from Sprott Physical Silver's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$7M | -$7M | -$6M | -$6M | -$10M | -$22M | -$11M | -$31M | -$28M | $145M |
| Share buybacks (net) | -$8,863 | -$153,122 | -$7,717 | -$32,000 | -$16,000 | -$8,000 | -$457,000 | -$3M | -$499,000 | -$124,000 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for PSLV.
Open PSLV in InvestinglyFrom Sprott Physical Silver's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.