NYSEAMERICAN : GAU
Galiano Gold Inc. — Financial statements
Materials · Gold · Canada
Last price 1.94 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 506.21M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Galiano Gold Inc. (GAU) reported revenue of 530.55M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 596.97M | 447.77M | 231.34M | |||
| Other Revenue | -66.42M | -119.32M | -23.12M | |||
| Revenue | 530.55M | 328.44M | 208.22M | |||
| Cost of Revenue | 240.88M | 199.67M | 129.73M | |||
| Gross Profit | 289.66M | 128.77M | 78.49M | |||
| Selling, General & Admin | 22.46M | 25.26M | 20.02M | 15.29M | 11.10M | 13.48M |
| Other Operating Expenses | 3.11M | 2.89M | 2.25M | |||
| Operating Expenses | 92.31M | 95.12M | 52.01M | 17.30M | 14.14M | 14.12M |
| Operating Income | 197.36M | 33.65M | 26.48M | -17.30M | -14.14M | -14.12M |
| Interest Expense | -6.41M | -6.31M | -5.08M | -17.00K | -25.00K | -32.00K |
| Interest & Investment Income | 1.67M | 3.41M | 4.71M | 2.90M | 1.04M | 257.00K |
| Earnings From Equity Investments | 3.41M | 37.42M | 51.93M | -46.46M | ||
| Currency Exchange Gain (Loss) | -1.35M | 5.67M | -123.00K | 109.00K | -2.00K | -8.00K |
| Other Non Operating Income (Expenses) | -4.07M | -3.45M | -2.96M | -6.00K | -5.00K | -20.00K |
| EBT Excluding Unusual Items | 187.20M | 32.97M | 26.44M | 23.11M | 38.80M | -60.38M |
| Merger & Restructuring Charges | -2.49M | -378.00K | ||||
| Gain (Loss) on Sale of Investments | 1.46M | 2.56M | 2.55M | 3.36M | 2.01M | -8.50M |
| Other Unusual Items | -6.04M | -5.05M | -17.96M | |||
| Pretax Income | 182.62M | 30.48M | 8.54M | 26.09M | 40.81M | -68.88M |
| Income Tax Expense | 99.82M | 61.28M | ||||
| Earnings From Continuing Operations | 82.80M | -30.80M | 8.54M | 26.09M | 40.81M | -68.88M |
| Minority Interest in Earnings | -10.04M | 1.51M | -2.42M | |||
| Net Income | 72.76M | -29.29M | 6.12M | 26.09M | 40.81M | -68.88M |
| Net Income to Common | 72.76M | -29.29M | 6.12M | 26.09M | 40.81M | -68.88M |
| Shares Outstanding (Basic) | 260.04M | 258.38M | 250.65M | 224.95M | 224.94M | 224.73M |
| Shares Outstanding (Diluted) | 264.50M | 258.38M | 255.77M | 225.18M | 224.95M | 224.73M |
| EPS (Basic) | 0.28 | -0.11 | 0.02 | 0.12 | 0.18 | -0.31 |
| EPS (Diluted) | 0.28 | -0.11 | 0.02 | 0.12 | 0.18 | -0.31 |
| Free Cash Flow | 9.55M | 43.07M | -11.15M | -3.67M | 1.78M | -12.97M |
| Free Cash Flow Per Share | 0.04 | 0.17 | -0.04 | -0.02 | 0.01 | -0.06 |
| Gross Margin | 54.60% | 39.21% | 37.70% | |||
| Operating Margin | 37.20% | 10.25% | 12.72% | |||
| Profit Margin | 13.71% | -8.92% | 2.94% | |||
| Free Cash Flow Margin | 1.80% | 13.11% | -5.36% | |||
| EBITDA | 240.70M | 83.51M | 41.57M | -17.26M | -12.37M | -13.97M |
| EBITDA Margin | 45.37% | 25.42% | 19.97% | |||
| D&A For EBITDA | 43.34M | 49.85M | 15.09M | 39.00K | 1.77M | 148.00K |
| EBIT | 197.36M | 33.65M | 26.48M | -17.30M | -14.14M | -14.12M |
| EBIT Margin | 37.20% | 10.25% | 12.72% | |||
| Effective Tax Rate | 54.66% | 201.05% | ||||
| Revenue as Reported | 530.55M | 328.44M | 208.22M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 80.03M | 108.33M | 105.78M | 55.27M | 56.11M | 53.52M |
| Short-Term Investments | 3.46M | 4.53M | 1.51M | |||
| Cash & Short-Term Investments | 83.48M | 112.85M | 107.28M | 55.27M | 56.11M | 53.52M |
| Accounts Receivable | 279.00K | 71.00K | 104.00K | |||
| Other Receivables | 28.81M | 10.81M | 8.33M | 1.06M | 1.74M | 7.38M |
| Receivables | 29.09M | 10.88M | 8.43M | 1.06M | 1.74M | 7.38M |
| Inventory | 96.83M | 70.80M | 42.83M | |||
| Prepaid Expenses | 8.29M | 7.65M | 7.04M | 764.00K | 756.00K | 766.00K |
| Total Current Assets | 243.61M | 202.18M | 165.59M | 57.09M | 58.60M | 61.67M |
| Property, Plant & Equipment | 467.94M | 388.61M | 329.43M | 225.00K | 332.00K | 2.10M |
| Long-Term Investments | 155.98M | 120.96M | 72.43M | |||
| Other Long-Term Assets | 7.95M | 8.26M | 5.34M | |||
| Total Assets | 719.50M | 599.05M | 500.35M | 213.30M | 179.89M | 136.20M |
| Accounts Payable | 24.31M | 22.23M | 10.57M | 11.67M | 4.19M | 2.13M |
| Accrued Expenses | 66.03M | 64.83M | 44.49M | 195.00K | 143.00K | 408.00K |
| Current Portion of Leases | 18.28M | 16.81M | 15.94M | 125.00K | 110.00K | 107.00K |
| Current Income Taxes Payable | 16.45M | 4.17M | ||||
| Other Current Liabilities | 73.56M | 112.55M | 39.81M | 1.36M | ||
| Total Current Liabilities | 198.63M | 220.58M | 110.81M | 11.99M | 5.80M | 2.64M |
| Long-Term Leases | 56.30M | 20.27M | 22.93M | 78.00K | 204.00K | 312.00K |
| Long-Term Deferred Tax Liabilities | 27.24M | 23.02M | ||||
| Other Long-Term Liabilities | 106.04M | 113.52M | 118.83M | 318.00K | 195.00K | 478.00K |
| Total Liabilities | 388.20M | 377.39M | 252.58M | 12.38M | 6.20M | 3.43M |
| Common Stock | 621.83M | 619.31M | 616.20M | 579.62M | 579.59M | 579.59M |
| Retained Earnings | -360.42M | -454.99M | -425.69M | -431.81M | -457.90M | -498.71M |
| Comprehensive Income & Other | 55.89M | 54.53M | 52.95M | 53.11M | 52.00M | 51.88M |
| Total Common Equity | 317.30M | 218.86M | 243.46M | 200.92M | 173.69M | 132.76M |
| Minority Interest | 13.99M | 2.80M | 4.31M | |||
| Shareholders' Equity | 331.29M | 221.66M | 247.77M | 200.92M | 173.69M | 132.76M |
| Total Liabilities & Equity | 719.50M | 599.05M | 500.35M | 213.30M | 179.89M | 136.20M |
| Total Debt | 74.58M | 37.08M | 38.87M | 203.00K | 314.00K | 419.00K |
| Net Cash (Debt) | 8.90M | 75.78M | 68.41M | 55.07M | 55.80M | 53.10M |
| Net Cash Per Share | 0.03 | 0.29 | 0.27 | 0.24 | 0.25 | 0.24 |
| Filing Date Shares Outstanding | 261.59M | 259.79M | 257.16M | 225.00M | 224.94M | 224.94M |
| Total Common Shares Outstanding | 261.41M | 259.79M | 257.08M | 224.97M | 224.94M | 224.94M |
| Working Capital | 44.98M | -18.40M | 54.77M | 45.11M | 52.80M | 59.02M |
| Book Value Per Share | 1.21 | 0.84 | 0.95 | 0.89 | 0.77 | 0.59 |
| Tangible Book Value | 317.30M | 218.86M | 243.46M | 200.92M | 173.69M | 132.76M |
| Tangible Book Value Per Share | 1.21 | 0.84 | 0.95 | 0.89 | 0.77 | 0.59 |
| Machinery | 206.71M | 204.94M | 195.00M | |||
| Construction In Progress | 2.25M | 1.93M | 1.78M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 72.76M | -29.29M | 6.12M | 26.09M | 40.81M | -68.88M |
| Depreciation & Amortization | 66.53M | 65.77M | 25.98M | 143.00K | 1.77M | 148.00K |
| Loss (Gain) From Sale of Investments | -1.46M | -2.56M | -2.55M | -3.36M | -2.01M | 8.50M |
| Loss (Gain) on Equity Investments | -2.43M | -31.67M | -46.52M | 51.53M | ||
| Stock-Based Compensation | 7.42M | 10.31M | 6.87M | 6.16M | 1.65M | 3.17M |
| Other Operating Activities | 35.49M | 108.78M | 26.05M | -2.88M | -1.01M | -222.00K |
| Change in Accounts Receivable | -234.00K | 43.00K | 1.03M | 678.00K | 5.64M | -4.63M |
| Change in Inventory | -35.79M | -15.46M | 1.17M | |||
| Change in Accounts Payable | 14.47M | 19.65M | -5.01M | 1.21M | 1.45M | -2.32M |
| Change in Other Net Operating Assets | -10.20M | 753.00K | -1.49M | -9.00K | 10.00K | -235.00K |
| Operating Cash Flow | 148.98M | 157.99M | 55.75M | -3.63M | 1.78M | -12.94M |
| Capital Expenditures | -139.43M | -114.92M | -66.90M | -35.00K | -4.00K | -31.00K |
| Cash Acquisitions | 47.50M | -1.47M | ||||
| Investment in Securities | 471.00K | 25.00M | 5.00M | |||
| Other Investing Activities | -22.92M | -22.05M | 188.00K | 2.90M | 1.04M | 407.00K |
| Investing Cash Flow | -161.88M | -136.97M | 5.79M | 2.86M | 1.03M | 3.91M |
| Long-Term Debt Repaid | -19.27M | -13.40M | -127.00K | -130.00K | -128.00K | |
| Lease Payments | -20.41M | -19.27M | -13.40M | -127.00K | -130.00K | -128.00K |
| Net Debt Issued (Repaid) | -20.41M | -19.27M | -13.40M | -127.00K | -130.00K | -128.00K |
| Issuance of Common Stock | 2.71M | 2.06M | 2.84M | 19.00K | 569.00K | |
| Other Financing Activities | -4.15M | -3.48M | -41.00K | |||
| Financing Cash Flow | -21.84M | -20.69M | -10.60M | -108.00K | -130.00K | 441.00K |
| Foreign Exchange Rate Adjustments | 84.00K | 2.22M | -432.00K | 37.00K | -96.00K | -42.00K |
| Net Cash Flow | -34.66M | 2.55M | 50.51M | -841.00K | 2.59M | -8.63M |
| Free Cash Flow | 9.55M | 43.07M | -11.15M | -3.67M | 1.78M | -12.97M |
| Free Cash Flow Margin | 1.80% | 13.11% | -5.36% | |||
| Free Cash Flow Per Share | 0.04 | 0.17 | -0.04 | -0.02 | 0.01 | -0.06 |
| Levered Free Cash Flow | 7.74M | 56.11M | 5.87M | 2.29M | 3.37M | -11.30M |
| Unlevered Free Cash Flow | 11.75M | 60.05M | 9.04M | 2.30M | 3.39M | -11.28M |
| Free Cash Flow After Leases | -10.85M | 23.81M | -24.55M | -3.80M | 1.65M | -13.09M |
| Cash Income Tax Paid | 55.97M | 34.09M | ||||
| Change in Working Capital | -31.75M | 4.99M | -4.30M | 1.88M | 7.10M | -7.18M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 518.59M | 661.26M | 319.82M | 209.52M | 119.67M | 161.75M |
| Enterprise Value | 523.77M | 580.80M | 247.56M | 152.31M | 64.51M | 106.40M |
| Last Close Price | 1.96 | 2.53 | 1.23 | 0.94 | 0.52 | 0.70 |
| PE Ratio | 6.93 | 52.27 | 8.03 | 2.93 | ||
| PS Ratio | 0.98 | 2.01 | 1.54 | |||
| PB Ratio | 1.57 | 2.98 | 1.29 | 1.04 | 0.69 | 1.22 |
| P/TBV Ratio | 1.63 | 3.02 | 1.31 | 1.04 | 0.69 | 1.22 |
| P/FCF Ratio | 54.30 | 15.35 | 67.23 | |||
| P/OCF Ratio | 3.48 | 4.18 | 5.74 | 67.08 | ||
| EV/Sales Ratio | 0.99 | 1.77 | 1.19 | |||
| EV/EBITDA Ratio | 2.18 | 6.96 | 5.96 | |||
| EV/EBIT Ratio | 2.65 | 17.26 | 9.35 | |||
| EV/FCF Ratio | 54.84 | 13.48 | 36.24 | |||
| Debt / Equity Ratio | 0.23 | 0.17 | 0.16 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA Ratio | 0.29 | 0.37 | 0.74 | |||
| Debt / FCF Ratio | 7.81 | 0.86 | 0.18 | |||
| Net Debt / Equity Ratio | -0.03 | -0.34 | -0.28 | -0.27 | -0.32 | -0.40 |
| Net Debt / EBITDA Ratio | -0.04 | -0.91 | -1.65 | 3.19 | 4.51 | 3.80 |
| Net Debt / FCF Ratio | -0.93 | -1.76 | 6.13 | 15.01 | -31.35 | 4.09 |
| Asset Turnover | 0.83 | 0.60 | 0.58 | |||
| Inventory Turnover | 3.42 | 3.51 | ||||
| Quick Ratio | 0.57 | 0.56 | 1.04 | 4.70 | 9.97 | 23.04 |
| Current Ratio | 1.23 | 0.92 | 1.49 | 4.76 | 10.10 | 23.33 |
| Return on Equity (ROE) | 28.86% | -13.12% | 3.81% | 13.93% | 26.63% | -41.54% |
| Return on Assets (ROA) | 19.28% | 3.83% | 4.64% | -5.50% | -5.59% | -5.19% |
| Return on Invested Capital (ROIC) | 35.98% | -20.91% | 16.28% | -13.11% | -14.31% | -13.02% |
| Return on Capital Employed (ROCE) | 37.90% | 8.90% | 6.80% | -8.60% | -8.10% | -10.60% |
| Earnings Yield | 14.44% | -4.43% | 1.91% | 12.45% | 34.10% | -42.59% |
| FCF Yield | 1.84% | 6.51% | -3.49% | -1.75% | 1.49% | -8.02% |
| Buyback Yield / Dilution | -2.81% | -1.02% | -13.59% | -0.10% | -0.10% | 0.08% |