NYSEAMERICAN : SVM
Silvercorp Metals Inc. — Financial statements
Materials · Silver · Canada
Last price 7.96 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.76B
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Financial statements
Silvercorp Metals Inc. (SVM) reported revenue of 495.47M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 495.47M | 438.13M | 298.89M | 215.19M | 208.13M | 217.92M |
| Cost of Revenue | 124.97M | 117.02M | 111.70M | 89.38M | 92.21M | 89.46M |
| Gross Profit | 370.50M | 321.12M | 187.20M | 125.81M | 115.92M | 128.47M |
| Selling, General & Admin | 34.12M | 32.95M | 30.16M | 24.92M | 23.74M | 25.59M |
| Other Operating Expenses | 29.29M | 25.73M | 22.90M | 10.96M | 9.93M | 9.88M |
| Operating Expenses | 98.63M | 93.83M | 84.08M | 63.16M | 81.49M | 60.55M |
| Operating Income | 271.87M | 227.29M | 103.12M | 62.65M | 34.44M | 67.91M |
| Interest Expense | -12.96M | -13.36M | -4.83M | -22.00K | -43.00K | -72.00K |
| Interest & Investment Income | 10.68M | 11.89M | 8.52M | 6.25M | 4.65M | 5.22M |
| Earnings From Equity Investments | -635.00K | -532.00K | -2.81M | -2.69M | -2.90M | -2.19M |
| Currency Exchange Gain (Loss) | -1.41M | 498.00K | -581.00K | -337.00K | 4.84M | 267.00K |
| Other Non Operating Income (Expenses) | -173.78M | -178.54M | -10.75M | |||
| EBT Excluding Unusual Items | 93.75M | 47.25M | 92.67M | 65.84M | 40.99M | 71.14M |
| Gain (Loss) on Sale of Investments | 37.05M | 33.39M | 12.45M | 4.16M | -5.40M | -13.85M |
| Gain (Loss) on Sale of Assets | 5.91M | -226.00K | -163.00K | -45.00K | -444.00K | -210.00K |
| Pretax Income | 136.71M | 80.42M | 104.96M | 69.95M | 35.14M | 57.07M |
| Income Tax Expense | 54.18M | 47.49M | 26.19M | 20.28M | 14.04M | 13.79M |
| Earnings From Continuing Operations | 82.54M | 32.92M | 78.77M | 49.68M | 21.10M | 43.28M |
| Minority Interest in Earnings | -51.23M | -42.87M | -20.58M | -13.37M | -492.00K | -12.65M |
| Net Income | 31.30M | -9.94M | 58.19M | 36.31M | 20.61M | 30.63M |
| Net Income to Common | 31.30M | -9.94M | 58.19M | 36.31M | 20.61M | 30.63M |
| Shares Outstanding (Basic) | 220.21M | 219.43M | 204.01M | 177.00M | 176.86M | 176.53M |
| Shares Outstanding (Diluted) | 228.25M | 219.43M | 206.30M | 179.14M | 178.99M | 178.32M |
| EPS (Basic) | 0.14 | -0.05 | 0.29 | 0.21 | 0.12 | 0.17 |
| EPS (Diluted) | 0.14 | -0.05 | 0.28 | 0.20 | 0.12 | 0.17 |
| Free Cash Flow | 127.40M | 181.31M | 52.60M | 28.10M | 30.69M | 40.17M |
| Free Cash Flow Per Share | 0.56 | 0.83 | 0.26 | 0.16 | 0.17 | 0.23 |
| Dividend Per Share | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Gross Margin | 74.78% | 73.29% | 62.63% | 58.46% | 55.70% | 58.95% |
| Operating Margin | 54.87% | 51.88% | 34.50% | 29.11% | 16.55% | 31.16% |
| Profit Margin | 6.32% | -2.27% | 19.47% | 16.87% | 9.90% | 14.06% |
| Free Cash Flow Margin | 25.71% | 41.38% | 17.60% | 13.06% | 14.74% | 18.43% |
| EBITDA | 309.14M | 264.37M | 136.09M | 91.80M | 84.26M | 95.21M |
| EBITDA Margin | 62.39% | 60.34% | 45.53% | 42.66% | 40.48% | 43.69% |
| D&A For EBITDA | 37.27M | 37.08M | 32.97M | 29.16M | 49.82M | 27.30M |
| EBIT | 271.87M | 227.29M | 103.12M | 62.65M | 34.44M | 67.91M |
| EBIT Margin | 54.87% | 51.88% | 34.50% | 29.11% | 16.55% | 31.16% |
| Effective Tax Rate | 39.63% | 59.06% | 24.95% | 28.99% | 39.96% | 24.16% |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 386.76M | 421.99M | 363.98M | 152.94M | 145.69M | 113.30M |
| Short-Term Investments | 350.00K | 346.00K | 5.08M | 31.95M | 57.63M | 99.62M |
| Cash & Short-Term Investments | 387.11M | 422.33M | 369.06M | 184.89M | 203.32M | 212.93M |
| Accounts Receivable | 6.70M | 3.12M | 2.24M | 2.79M | 1.89M | 3.86M |
| Other Receivables | 37.00K | 71.00K | 582.00K | 928.00K | ||
| Receivables | 6.70M | 3.12M | 2.28M | 2.86M | 2.48M | 4.79M |
| Inventory | 5.97M | 9.49M | 8.03M | 7.39M | 8.34M | 9.12M |
| Prepaid Expenses | 10.44M | 8.50M | 7.56M | 6.75M | 4.91M | 5.47M |
| Total Current Assets | 410.21M | 443.44M | 386.92M | 201.90M | 219.05M | 232.31M |
| Property, Plant & Equipment | 971.61M | 888.24M | 680.77M | 398.73M | 383.49M | 405.87M |
| Long-Term Investments | 122.47M | 108.88M | 63.29M | 95.68M | 66.23M | 74.61M |
| Long-Term Deferred Tax Assets | 179.00K | 905.00K | ||||
| Other Long-Term Assets | 35.54M | 23.66M | 7.95M | 6.51M | 7.85M | 9.85M |
| Total Assets | 1.54B | 1.46B | 1.14B | 702.82M | 676.80M | 723.54M |
| Accounts Payable | 92.15M | 85.16M | 63.88M | 41.80M | 36.74M | 39.67M |
| Current Portion of Long-Term Debt | 293.00K | 2.07M | 2.46M | |||
| Current Portion of Leases | 282.00K | 286.00K | 278.00K | 213.00K | 269.00K | 649.00K |
| Current Income Taxes Payable | 10.61M | 15.57M | 2.68M | 921.00K | 144.00K | 277.00K |
| Other Current Liabilities | 13.64M | 20.89M | 7.26M | 4.22M | 4.09M | 5.45M |
| Total Current Liabilities | 116.97M | 123.98M | 76.56M | 47.15M | 41.24M | 46.04M |
| Long-Term Debt | 117.06M | 115.16M | 108.19M | |||
| Long-Term Leases | 807.00K | 882.00K | 1.05M | 1.10M | 314.00K | 614.00K |
| Long-Term Deferred Tax Liabilities | 65.94M | 63.05M | 59.34M | 51.11M | 48.10M | 48.03M |
| Other Long-Term Liabilities | 55.89M | 55.49M | 60.41M | 6.44M | 7.32M | 8.74M |
| Total Liabilities | 356.67M | 358.56M | 305.55M | 105.81M | 96.97M | 103.42M |
| Common Stock | 429.81M | 428.69M | 411.96M | 258.40M | 255.68M | 255.44M |
| Retained Earnings | 564.03M | 529.72M | 331.74M | 287.60M | 255.72M | 239.54M |
| Comprehensive Income & Other | -7.04M | -17.40M | -40.97M | -38.74M | -22.35M | 17.42M |
| Total Common Equity | 986.80M | 941.01M | 702.73M | 507.25M | 489.05M | 512.40M |
| Minority Interest | 196.38M | 164.66M | 130.66M | 89.75M | 90.78M | 107.72M |
| Shareholders' Equity | 1.18B | 1.11B | 833.39M | 597.01M | 579.83M | 620.11M |
| Total Liabilities & Equity | 1.54B | 1.46B | 1.14B | 702.82M | 676.80M | 723.54M |
| Total Debt | 118.45M | 118.39M | 111.98M | 1.31M | 583.00K | 1.26M |
| Net Cash (Debt) | 268.66M | 303.94M | 257.07M | 183.58M | 202.74M | 211.66M |
| Net Cash Per Share | 1.18 | 1.39 | 1.25 | 1.02 | 1.13 | 1.19 |
| Filing Date Shares Outstanding | 221.21M | 221.20M | 217.95M | 177.62M | 176.95M | 177.24M |
| Total Common Shares Outstanding | 221.21M | 220.91M | 217.74M | 177.31M | 176.77M | 177.11M |
| Working Capital | 293.24M | 319.46M | 310.36M | 154.74M | 177.81M | 186.27M |
| Book Value Per Share | 4.46 | 4.26 | 3.23 | 2.86 | 2.77 | 2.89 |
| Tangible Book Value | 986.80M | 941.01M | 702.73M | 507.25M | 489.05M | 512.40M |
| Tangible Book Value Per Share | 4.46 | 4.26 | 3.23 | 2.86 | 2.77 | 2.89 |
| Land | 147.97M | 145.19M | 132.18M | 108.81M | 112.12M | 117.25M |
| Machinery | 67.31M | 65.34M | 59.87M | 53.46M | 53.31M | 53.70M |
| Construction In Progress | 14.48M | 13.20M | 3.73M | 12.19M | 7.23M | 2.60M |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 31.30M | -9.94M | 58.19M | 36.31M | 20.61M | 30.63M |
| Depreciation & Amortization | 37.27M | 37.08M | 32.97M | 29.16M | 49.82M | 27.30M |
| Loss (Gain) From Sale of Assets | -5.91M | 226.00K | 163.00K | 45.00K | 444.00K | 210.00K |
| Loss (Gain) From Sale of Investments | -37.05M | -33.39M | -12.45M | -4.16M | 5.40M | 13.85M |
| Loss (Gain) on Equity Investments | 635.00K | 532.00K | 2.81M | 2.69M | 2.90M | 2.19M |
| Stock-Based Compensation | 4.69M | 4.12M | 3.69M | 4.15M | 3.84M | 6.10M |
| Other Operating Activities | 289.97M | 290.51M | 45.68M | 19.30M | 4.64M | 20.68M |
| Change in Accounts Receivable | -6.90M | -4.53M | 1.75M | -479.00K | 936.00K | -2.10M |
| Change in Inventory | 4.85M | -825.00K | -661.00K | 610.00K | 79.00K | 753.00K |
| Change in Accounts Payable | 10.50M | 17.02M | 2.90M | 6.55M | -2.01M | 8.01M |
| Change in Other Net Operating Assets | -5.39M | 9.76M | 3.60M | -2.60M | -1.02M | -242.00K |
| Operating Cash Flow | 323.97M | 310.57M | 138.63M | 91.57M | 85.64M | 107.38M |
| Capital Expenditures | -196.57M | -129.25M | -86.03M | -63.47M | -54.96M | -67.20M |
| Sale of Property, Plant & Equipment | 33.00K | 26.00K | 46.00K | 880.00K | 215.00K | 74.00K |
| Cash Acquisitions | -91.70M | -91.70M | ||||
| Divestitures | 1.50M | |||||
| Investment in Securities | -3.04M | -5.84M | 41.19M | -5.00M | 27.21M | -39.42M |
| Other Investing Activities | -3.09M | -2.58M | 126.00K | 1.88M | 835.00K | -293.00K |
| Investing Cash Flow | -292.87M | -229.34M | -44.67M | -65.71M | -26.52M | -106.63M |
| Long-Term Debt Issued | 143.32M | |||||
| Total Debt Issued | 143.32M | |||||
| Short-Term Debt Repaid | -500.00K | |||||
| Long-Term Debt Repaid | -258.00K | -271.00K | -262.00K | -597.00K | -637.00K | |
| Lease Payments | -269.00K | -258.00K | -271.00K | -262.00K | -597.00K | -637.00K |
| Total Debt Repaid | -269.00K | -258.00K | -771.00K | -262.00K | -597.00K | -637.00K |
| Net Debt Issued (Repaid) | -269.00K | -258.00K | 142.55M | -262.00K | -597.00K | -637.00K |
| Issuance of Common Stock | 5.67M | 6.29M | 2.77M | 1.91M | ||
| Repurchase of Common Stock | -963.00K | -1.02M | -2.08M | |||
| Common Dividends Paid | -5.52M | -5.48M | -4.95M | -4.43M | -4.42M | -4.41M |
| Other Financing Activities | -31.99M | -32.41M | -24.30M | -11.09M | -10.88M | -4.28M |
| Financing Cash Flow | -32.11M | -31.86M | 115.12M | -16.80M | -17.98M | -7.43M |
| Foreign Exchange Rate Adjustments | 11.65M | 8.64M | 1.96M | -1.81M | -8.75M | 1.24M |
| Net Cash Flow | 10.64M | 58.01M | 211.04M | 7.25M | 32.39M | -5.43M |
| Free Cash Flow | 127.40M | 181.31M | 52.60M | 28.10M | 30.69M | 40.17M |
| Free Cash Flow Margin | 25.71% | 41.38% | 17.60% | 13.06% | 14.74% | 18.43% |
| Free Cash Flow Per Share | 0.56 | 0.83 | 0.26 | 0.16 | 0.17 | 0.23 |
| Levered Free Cash Flow | 32.96M | 90.22M | 38.09M | 13.66M | 19.44M | 20.17M |
| Unlevered Free Cash Flow | 41.06M | 98.57M | 41.11M | 13.68M | 19.47M | 20.22M |
| Free Cash Flow After Leases | 127.13M | 181.06M | 52.33M | 27.84M | 30.09M | 39.54M |
| Cash Interest Paid | 7.20M | 7.60M | 126.00K | 22.00K | 43.00K | 72.00K |
| Cash Income Tax Paid | 44.47M | 34.41M | 15.73M | 13.38M | 9.54M | 5.51M |
| Change in Working Capital | 3.06M | 21.42M | 7.59M | 4.08M | -2.01M | 6.42M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.76B | 2.37B | 839.50M | 577.68M | 671.54M | 646.88M |
| Enterprise Value | 1.68B | 2.18B | 718.18M | 474.88M | 553.88M | 540.82M |
| Last Close Price | 7.96 | 10.73 | 3.85 | 3.22 | 3.74 | 3.51 |
| PE Ratio | 55.14 | 14.43 | 15.91 | 32.59 | 21.12 | |
| PS Ratio | 3.55 | 5.40 | 2.81 | 2.69 | 3.23 | 2.97 |
| PB Ratio | 1.48 | 2.14 | 1.01 | 0.97 | 1.16 | 1.04 |
| P/TBV Ratio | 1.78 | 2.52 | 1.20 | 1.14 | 1.37 | 1.26 |
| P/FCF Ratio | 13.79 | 13.05 | 15.96 | 20.56 | 21.88 | 16.10 |
| P/OCF Ratio | 5.42 | 7.62 | 6.06 | 6.31 | 7.84 | 6.02 |
| EV/Sales Ratio | 3.40 | 4.97 | 2.40 | 2.21 | 2.66 | 2.48 |
| EV/EBITDA Ratio | 5.44 | 8.24 | 5.28 | 5.17 | 6.57 | 5.68 |
| EV/EBIT Ratio | 6.19 | 9.59 | 6.96 | 7.58 | 16.08 | 7.96 |
| EV/FCF Ratio | 13.21 | 12.02 | 13.65 | 16.90 | 18.05 | 13.46 |
| Debt / Equity Ratio | 0.10 | 0.11 | 0.13 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA Ratio | 0.38 | 0.45 | 0.82 | 0.01 | 0.01 | 0.01 |
| Debt / FCF Ratio | 0.93 | 0.65 | 2.13 | 0.05 | 0.02 | 0.03 |
| Net Debt / Equity Ratio | -0.23 | -0.28 | -0.31 | -0.31 | -0.35 | -0.34 |
| Net Debt / EBITDA Ratio | -0.87 | -1.15 | -1.89 | -2.00 | -2.41 | -2.22 |
| Net Debt / FCF Ratio | -2.11 | -1.68 | -4.89 | -6.53 | -6.61 | -5.27 |
| Asset Turnover | 0.36 | 0.34 | 0.33 | 0.31 | 0.30 | 0.32 |
| Inventory Turnover | 15.96 | 13.36 | 14.48 | 11.36 | 10.56 | 9.47 |
| Quick Ratio | 3.37 | 3.43 | 4.85 | 3.98 | 4.99 | 4.73 |
| Current Ratio | 3.51 | 3.58 | 5.05 | 4.28 | 5.31 | 5.05 |
| Return on Equity (ROE) | 8.09% | 3.40% | 11.01% | 8.44% | 3.52% | 7.30% |
| Return on Assets (ROA) | 12.50% | 10.91% | 7.00% | 5.68% | 3.07% | 6.17% |
| Return on Invested Capital (ROIC) | 19.13% | 13.51% | 15.64% | 11.25% | 5.26% | 13.26% |
| Return on Capital Employed (ROCE) | 19.10% | 17.00% | 9.70% | 9.60% | 5.40% | 10.00% |
| Earnings Yield | 1.81% | -0.42% | 6.93% | 6.29% | 3.07% | 4.74% |
| FCF Yield | 7.25% | 7.66% | 6.27% | 4.87% | 4.57% | 6.21% |
| Dividend Yield | 0.31% | 0.23% | 0.65% | 0.77% | 0.66% | 0.68% |
| Payout Ratio | 17.31% | 8.50% | 12.20% | 21.47% | 14.41% | |
| Buyback Yield / Dilution | -5.43% | -6.36% | -15.16% | -0.08% | -0.37% | -0.71% |
| Total Shareholder Return | -5.11% | -6.13% | -14.52% | 0.68% | 0.29% | -0.02% |