Seabridge Gold (SA) financial statements
Net income was -53M CAD.
Free cash flow was -152M CAD.
The diluted share count rose 89% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions (CAD).
Income statement
Fiscal years, in CAD, from Seabridge Gold's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | 169,000 CAD | 121,000 CAD | 110,000 CAD | 83,000 CAD | 72,000 CAD | — | — | — |
| Selling, general and admin | 10M CAD | 14M CAD | 12M CAD | 13M CAD | 17M CAD | 13M CAD | 16M CAD | 17M CAD | 21M CAD | 22M CAD |
| Interest expense | — | — | — | -166,000 CAD | 3M CAD | 438,000 CAD | -330,000 CAD | -459,000 CAD | -526,000 CAD | -2M CAD |
| Pre-tax income | -4M CAD | -8M CAD | -15M CAD | -12M CAD | -16M CAD | 6M CAD | 874,000 CAD | -38M CAD | -20M CAD | -65M CAD |
| Income tax | 3M CAD | 2M CAD | 5M CAD | -697,000 CAD | -800,000 CAD | 5M CAD | 8M CAD | -9M CAD | 11M CAD | -12M CAD |
| Net income | -7M CAD | -10M CAD | -20M CAD | -12M CAD | 15M CAD | 900,000 CAD | 7M CAD | 29M CAD | 31M CAD | -53M CAD |
| EPS (diluted) | — | — | — | — | -0.23 CAD | 0.01 CAD | -0.09 CAD | -0.35 CAD | -0.35 CAD | -0.53 CAD |
| Diluted shares | 53M | 56M | 59M | 62M | 66M | 78M | 80M | 83M | 89M | 101M |
| Net margin | — | — | -11798.8% | -9597.5% | 13545.5% | 1084.3% | 10277.8% | — | — | — |
Balance sheet
Fiscal years, in CAD, from Seabridge Gold's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | 6M CAD | 11M CAD | 3M CAD | 9M CAD | 18M CAD | 15M CAD | 50M CAD | 86M CAD | 55M CAD | 126M CAD |
| Receivables | — | — | — | — | — | 281,000 CAD | — | — | — | — |
| Total current assets | 13M CAD | 20M CAD | 24M CAD | 19M CAD | 46M CAD | 54M CAD | 140M CAD | 94M CAD | 58M CAD | 214M CAD |
| Property, plant and equipment | — | — | — | — | — | — | — | 103M CAD | 232,000 CAD | — |
| Total assets | 338M CAD | 383M CAD | 423M CAD | 449M CAD | 648M CAD | 748M CAD | 1.1B CAD | 1.4B CAD | 1.5B CAD | 1.8B CAD |
| Total current liabilities | 6M CAD | 6M CAD | 7M CAD | 7M CAD | 10M CAD | 17M CAD | 52M CAD | 39M CAD | 20M CAD | 41M CAD |
| Total liabilities | 27M CAD | 27M CAD | 37M CAD | 34M CAD | 33M CAD | 45M CAD | 355M CAD | 621M CAD | 610M CAD | 643M CAD |
| Shareholders' equity | 311M CAD | 356M CAD | 387M CAD | 415M CAD | 615M CAD | 702M CAD | 741M CAD | 730M CAD | 843M CAD | 1.1B CAD |
| Net debt | -2M CAD | -4M CAD | -3M CAD | -9M CAD | -18M CAD | -12M CAD | -46M CAD | -82M CAD | -50M CAD | -118M CAD |
Cash flow
Fiscal years, in CAD, from Seabridge Gold's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -5M CAD | -10M CAD | -9M CAD | -11M CAD | -10M CAD | -12M CAD | -13M CAD | -22M CAD | -14M CAD | -15M CAD |
| Capital spending | — | — | — | — | — | 74M CAD | 178M CAD | 230M CAD | 106M CAD | 137M CAD |
| Free cash flow | — | — | — | — | — | -85M CAD | -191M CAD | -252M CAD | -120M CAD | -152M CAD |
| Stock-based compensation | 4M CAD | 8M CAD | -5M CAD | -5M CAD | -9M CAD | -4M CAD | -3M CAD | 3M CAD | 4M CAD | 5M CAD |
| Net borrowing | — | — | — | — | — | — | 282M CAD | — | — | — |
| Free cash flow margin | — | — | — | — | — | -102828.9% | -265665.3% | — | — | — |
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How much free cash flow does Seabridge Gold generate?
-152M CAD in fiscal 2025 (operating cash flow minus capital spending).
From Seabridge Gold's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.