Triple Flag Precious Metals Corp.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 388.7M | 269.0M | 204.0M | 151.9M | 150.4M |
| Operating Revenue | 388.7M | 267.6M | 204.0M | 150.3M | 150.4M |
| Cost Of Revenue | 125.8M | 113.8M | 101.9M | 64.9M | 67.2M |
| Gross Profit | 262.9M | 155.2M | 102.1M | 87.0M | 83.3M |
| Selling General And Administration | 30.5M | 21.8M | 20.1M | 15.5M | 12.2M |
| General And Administrative Expense | 30.5M | 21.8M | 20.1M | 15.5M | 12.2M |
| Research And Development | -- | 3.4M | 4.2M | 3.0M | 771,000 |
| Depreciation And Amortization In Income Statement | -- | -- | -- | 374,000 | 399,000 |
| Other Operating Expenses | 15.9M | 3.4M | 4.2M | 3.0M | 855,000 |
| Operating Expense | 46.4M | 25.2M | 24.3M | 18.5M | 13.0M |
| Operating Income | 216.5M | 130.1M | 77.8M | 68.5M | 70.3M |
| EBIT | 273.6M | -7.2M | 43.7M | 63.2M | 58.4M |
| Interest Expense | 4.2M | 5.6M | 7.3M | 3.3M | 6.4M |
| Interest Expense Non Operating | 4.2M | 5.6M | 7.3M | 3.3M | 6.4M |
| Interest Income | 758,000 | 545,000 | 3.2M | 1.9M | 750,000 |
| Interest Income Non Operating | 758,000 | 545,000 | 3.2M | 1.9M | 750,000 |
| Net Interest Income | -3.5M | -5.1M | -4.1M | -1.4M | -5.7M |
| Other Income Expense | 56.3M | -137.7M | -37.3M | -7.2M | -12.6M |
| Other Non Operating Income Expenses | -531,000 | -2.7M | -670,000 | -1.3M | -855,000 |
| Special Income Charges | 11.0M | -148.0M | -37.8M | -1.5M | -1.5M |
| Write Off | -4.3M | 41.0M | 21.5M | 3.6M | 0.00 |
| Gain On Sale Of Security | 45.8M | 13.0M | 1.2M | -4.4M | -11.1M |
| Pretax Income | 269.4M | -12.8M | 36.4M | 59.9M | 52.0M |
| Tax Provision | 29.4M | 10.3M | 107,000 | 4.8M | 6.4M |
| Tax Effect Of Unusual Items | 6.2M | -20.3M | -107,565 | -473,421 | -1.6M |
| Net Income From Continuing And Discontinued Operation | 240.0M | -23.1M | 36.3M | 55.1M | 45.5M |
| Net Income From Continuing Operation Net Minority Interest | 240.0M | -23.1M | 36.3M | 55.1M | 45.5M |
| Net Income Including Noncontrolling Interests | 240.0M | -23.1M | 36.3M | 55.1M | 45.5M |
| Net Income Common Stockholders | 240.0M | -23.1M | 36.3M | 55.1M | 45.5M |
| Net Income | 240.0M | -23.1M | 36.3M | 55.1M | 45.5M |
| EBITDA | 353.2M | 68.7M | 109.2M | 113.6M | 112.5M |
| Normalized EBITDA | 296.3M | 203.8M | 145.8M | 119.6M | 125.1M |
| Reconciled Depreciation | 79.6M | 75.9M | 65.5M | 50.5M | 54.1M |
| Basic EPS | 1.18 | -0.11 | 0.18 | 0.35 | 0.31 |
| Diluted EPS | 1.18 | -0.11 | 0.18 | 0.35 | 0.31 |
| Basic Average Shares | 203.6M | 201.3M | 199.3M | 156.0M | 148.0M |
| Diluted Average Shares | 204.1M | 201.3M | 199.5M | 156.0M | 148.0M |
| Total Unusual Items | 56.8M | -135.1M | -36.6M | -5.9M | -12.6M |
| Total Unusual Items Excluding Goodwill | 56.8M | -135.1M | -36.6M | -5.9M | -12.6M |
| Tax Rate For Calcs | 0.11 | 0.15 | 0.00 | 0.08 | 0.12 |
| Normalized Income | 189.4M | 91.7M | 72.8M | 60.5M | 56.6M |
| Amortization | -- | -- | -- | 374,000 | 399,000 |
| Amortization Of Intangibles Income Statement | -- | -- | -- | 374,000 | 399,000 |
| Depreciation Amortization Depletion Income Statement | -- | -- | -- | 374,000 | 399,000 |
| Diluted NI Availto Com Stockholders | 240.0M | -23.1M | 36.3M | 55.1M | 45.5M |
| Gain On Sale Of Business | 6.7M | 0.00 | -1.0M | 2.1M | 0.00 |
| Gain On Sale Of Ppe | -- | -- | -1.0M | 2.1M | 0.00 |
| Impairment Of Capital Assets | 0.00 | 107.0M | 15.3M | 3.6M | 0.00 |
| Net Income Continuous Operations | 240.0M | -23.1M | 36.3M | 55.1M | 45.5M |
| Net Non Operating Interest Income Expense | -3.5M | -5.1M | -4.1M | -1.4M | -5.7M |
| Other Gand A | 30.5M | 21.8M | 20.1M | 15.5M | 12.2M |
| Other Special Charges | -- | -- | -- | 805,000 | 1.5M |
| Provision For Doubtful Accounts | -- | -- | 9.7M | 0.00 | -- |
| Reconciled Cost Of Revenue | 125.8M | 113.8M | 101.9M | 64.9M | 67.2M |
| Salaries And Wages | -- | -- | -- | 11.9M | 8.4M |
| Total Expenses | 172.2M | 138.9M | 126.3M | 83.4M | 80.2M |
| Total Operating Income As Reported | 220.8M | -18.0M | 40.9M | 64.1M | 68.7M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 71.3M | 36.2M | 17.4M | 71.1M | 40.7M |
| Cash Cash Equivalents And Short Term Investments | 88.7M | 39.3M | 23.6M | 81.0M | 54.3M |
| Cash Equivalents | 42.3M | 11.0M | 39,000 | 36.4M | 23.0M |
| Cash Financial | 29.0M | 25.2M | 17.3M | 34.7M | 17.7M |
| Other Short Term Investments | 17.4M | 3.0M | 6.2M | 9.9M | 13.7M |
| Accounts Receivable | 21.5M | 16.0M | 11.7M | 7.5M | 6.3M |
| Receivables | 25.3M | 17.6M | 23.1M | 8.3M | 16.1M |
| Inventory | 4.7M | 3.8M | 1.4M | 0.00 | 1.4M |
| Prepaid Assets | 34.1M | 14.9M | 8.9M | 1.3M | 637,000 |
| Current Assets | 152.8M | 75.6M | 57.0M | 90.6M | 72.4M |
| Gross PPE | 2.6B | 2.3B | 2.2B | 1.6B | 1.5B |
| Accumulated Depreciation | -684.2M | -604.6M | -420.4M | -338.9M | -286.3M |
| Net PPE | 1.9B | 1.6B | 1.8B | 1.2B | 1.2B |
| Goodwill And Other Intangible Assets | -- | -- | -- | -- | 5,000 |
| Other Non Current Assets | 2.9M | 2.5M | 3.5M | 4.5M | -- |
| Total Non Current Assets | 2.0B | 1.7B | 1.8B | 1.2B | 1.2B |
| Total Assets | 2.1B | 1.8B | 1.9B | 1.3B | 1.3B |
| Current Debt And Capital Lease Obligation | 379,000 | 318,000 | 390,000 | 277,000 | 270,000 |
| Accounts Payable | 5.1M | 2.8M | 628,000 | 1.0M | 147,000 |
| Payables | 8.6M | 6.6M | 1.9M | 2.0M | 481,000 |
| Payables And Accrued Expenses | 22.8M | 21.9M | 16.1M | 11.9M | 4.2M |
| Current Accrued Expenses | 14.3M | 15.3M | 14.2M | 9.9M | 3.7M |
| Current Liabilities | 38.9M | 27.1M | 17.3M | 12.6M | 4.5M |
| Long Term Debt | -- | -- | 57.0M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 1.1M | 1.4M | 58.8M | 1.6M | 857,000 |
| Long Term Capital Lease Obligation | 1.1M | 1.4M | 1.8M | 1.6M | 857,000 |
| Other Non Current Liabilities | 8.2M | 2.8M | 4.0M | 2.8M | 1.0M |
| Total Non Current Liabilities Net Minority Interest | 29.3M | 7.1M | 66.4M | 6.0M | 4.3M |
| Total Liabilities Net Minority Interest | 68.3M | 34.3M | 83.7M | 18.6M | 8.8M |
| Common Stock | 1.9B | 1.7B | 1.7B | 1.3B | 1.3B |
| Capital Stock | 1.9B | 1.7B | 1.7B | 1.3B | 1.3B |
| Retained Earnings | 164.9M | -23.8M | 46.8M | 63.7M | 40.3M |
| Gains Losses Not Affecting Retained Earnings | -- | -- | -- | -- | 0.00 |
| Common Stock Equity | 2.0B | 1.7B | 1.8B | 1.3B | 1.3B |
| Stockholders Equity | 2.0B | 1.7B | 1.8B | 1.3B | 1.3B |
| Total Equity Gross Minority Interest | 2.0B | 1.7B | 1.8B | 1.3B | 1.3B |
| Total Capitalization | 2.0B | 1.7B | 1.9B | 1.3B | 1.3B |
| Net Tangible Assets | 2.0B | 1.7B | 1.8B | 1.3B | 1.3B |
| Tangible Book Value | 2.0B | 1.7B | 1.8B | 1.3B | 1.3B |
| Working Capital | 113.8M | 48.5M | 39.7M | 78.0M | 68.0M |
| Invested Capital | 2.0B | 1.7B | 1.9B | 1.3B | 1.3B |
| Total Debt | 1.5M | 1.7M | 59.1M | 1.9M | 1.1M |
| Net Debt | -- | -- | 39.6M | -- | -- |
| Share Issued | 206.5M | 201.2M | 201.4M | 155.7M | 156.0M |
| Ordinary Shares Number | 206.5M | 201.2M | 201.4M | 155.7M | 156.0M |
| Capital Lease Obligations | 1.5M | 1.7M | 2.1M | 1.9M | 1.1M |
| Current Capital Lease Obligation | 379,000 | 318,000 | 390,000 | 277,000 | 270,000 |
| Derivative Product Liabilities | -- | -- | -- | -- | 0.00 |
| Finished Goods | 4.7M | 3.8M | 1.4M | 0.00 | 1.4M |
| Hedging Assets Current | -- | -- | -- | -- | 3.0M |
| Income Tax Payable | 3.5M | 3.7M | 1.3M | 989,000 | 334,000 |
| Interest Payable | 508,000 | 529,000 | 597,000 | 496,000 | 496,000 |
| Leases | -- | -- | -- | 291,000 | 417,000 |
| Loans Receivable | 3.1M | 284,000 | 9.0M | 0.00 | 9.7M |
| Machinery Furniture Equipment | -- | -- | -- | -- | 58,000 |
| Non Current Deferred Assets | 5.9M | 8.4M | 9.3M | 2.6M | 4.4M |
| Non Current Deferred Liabilities | 20.1M | 2.9M | 3.6M | 1.5M | 2.4M |
| Non Current Deferred Taxes Assets | 5.9M | 8.4M | 9.3M | 2.6M | 2.6M |
| Non Current Deferred Taxes Liabilities | 20.1M | 2.9M | 3.6M | 1.5M | 2.4M |
| Non Current Note Receivables | 0.00 | 1.5M | 19.0M | 11.1M | 0.00 |
| Non Current Prepaid Assets | 57.5M | 35.3M | 32.5M | 0.00 | -- |
| Other Equity Interest | 15.4M | 15.2M | 14.7M | 4.6M | 1.3M |
| Other Properties | -- | -- | -- | 1.8M | 929,000 |
| Other Receivables | -- | -- | 652,000 | 551,000 | -- |
| Pensionand Other Post Retirement Benefit Plans Current | 15.7M | 4.9M | 811,000 | 434,000 | 0.00 |
| Taxes Receivable | 685,000 | 1.3M | 1.8M | 236,000 | 74,000 |
| Total Tax Payable | 3.5M | 3.7M | 1.3M | 989,000 | 334,000 |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 312.8M | 213.5M | 154.1M | 118.4M | 120.0M |
| Cash Flow From Continuing Operating Activities | 312.8M | 213.5M | 154.1M | 118.4M | 120.0M |
| Depreciation And Amortization | 323,000 | 346,000 | 369,000 | 374,000 | 399,000 |
| Depreciation Amortization Depletion | 79.6M | 75.9M | 65.5M | 50.5M | 54.1M |
| Stock Based Compensation | 292,000 | 422,000 | 3.4M | 3.3M | 1.3M |
| Deferred Tax | 29.4M | 10.3M | 107,000 | 4.8M | 6.4M |
| Deferred Income Tax | 29.4M | 10.3M | 107,000 | 4.8M | 6.4M |
| Change In Working Capital | 9.4M | -226,000 | -1.7M | -400,000 | 775,000 |
| Changes In Account Receivables | -5.2M | -2.7M | -4.2M | -4.8M | 2.4M |
| Change In Receivables | -5.2M | -2.7M | -4.2M | -3.7M | -1.5M |
| Change In Inventory | -569,000 | -1.1M | -363,000 | 293,000 | -293,000 |
| Change In Payables And Accrued Expense | 15.2M | 3.6M | 2.8M | 3.0M | 1.4M |
| Change In Payable | 15.2M | 3.6M | 2.8M | 3.0M | 1.4M |
| Change In Other Current Assets | -- | -- | -- | 0.00 | 1.2M |
| Other Non Cash Items | 23.0M | 21.9M | 20.3M | 4.6M | 6.4M |
| Capital Expenditure | -218.6M | -57.5M | -190.9M | -52.3M | -51.3M |
| Purchase Of PPE | -218.6M | -57.5M | -190.9M | -52.3M | -51.3M |
| Net PPE Purchase And Sale | -216.6M | -57.1M | -189.2M | -47.8M | -51.3M |
| Purchase Of Investment | -7.7M | -13.3M | -2.7M | -7.4M | -322,000 |
| Sale Of Investment | 2.0M | 3.1M | 0.00 | 6.3M | 3.4M |
| Net Investment Purchase And Sale | -5.7M | -10.2M | -2.7M | -1.1M | 3.1M |
| Investing Cash Flow | -218.0M | -82.0M | -213.0M | -48.9M | -48.1M |
| Cash Flow From Continuing Investing Activities | -218.0M | -82.0M | -213.0M | -48.9M | -48.1M |
| Issuance Of Debt | 113.0M | 63.0M | 130.0M | 0.00 | 44.0M |
| Repayment Of Debt | -113.5M | -120.4M | -73.4M | -359,000 | -319.3M |
| Net Issuance Payments Of Debt | -457,000 | -57.4M | 56.6M | -359,000 | -275.3M |
| Issuance Of Capital Stock | -- | -- | -- | 0.00 | 245.1M |
| Repurchase Of Capital Stock | -9.0M | -8.9M | -20.7M | -4.1M | -1.7M |
| Net Common Stock Issuance | -9.0M | -8.9M | -20.7M | -4.1M | 243.4M |
| Common Stock Payments | -9.0M | -8.9M | -20.7M | -4.1M | -1.7M |
| Financing Cash Flow | -59.9M | -112.6M | 5.1M | -38.8M | -51.8M |
| Cash Flow From Continuing Financing Activities | -59.9M | -112.6M | 5.1M | -38.8M | -51.8M |
| Effect Of Exchange Rate Changes | 36,000 | -77,000 | -1,000 | -284,000 | 0.00 |
| Changes In Cash | 35.0M | 18.9M | -53.7M | 30.7M | 20.0M |
| Beginning Cash Position | 36.2M | 17.4M | 71.1M | 40.7M | 20.6M |
| End Cash Position | 71.3M | 36.2M | 17.4M | 71.1M | 40.7M |
| Free Cash Flow | 94.2M | 156.0M | -36.8M | 66.1M | 68.8M |
| Amortization Cash Flow | 323,000 | 346,000 | 369,000 | 374,000 | 399,000 |
| Amortization Of Intangibles | 323,000 | 346,000 | 369,000 | 374,000 | 399,000 |
| Asset Impairment Charge | -4.3M | 148.0M | 36.8M | 3.6M | 0.00 |
| Cash Dividends Paid | -45.8M | -43.3M | -41.3M | -30.4M | -14.8M |
| Common Stock Issuance | -- | -- | -- | 0.00 | 245.1M |
| Depletion | 79.3M | 75.6M | 65.1M | 50.1M | 53.7M |
| Gain Loss On Sale Of PPE | -6.7M | 0.00 | 1.0M | -2.1M | 0.00 |
| Interest Paid Cff | -3.1M | -4.7M | -6.3M | -2.0M | -5.1M |
| Long Term Debt Issuance | 113.0M | 63.0M | 130.0M | 0.00 | 44.0M |
| Long Term Debt Payments | -113.5M | -120.4M | -73.4M | -359,000 | -319.3M |
| Net Income From Continuing Operations | 240.0M | -23.1M | 36.3M | 55.1M | 45.5M |
| Net Long Term Debt Issuance | -457,000 | -57.4M | 56.6M | -359,000 | -275.3M |
| Net Other Financing Charges | -1.6M | -- | -- | -1.8M | -18.6M |
| Net Other Investing Changes | 4.3M | -14.6M | -21.0M | -- | -- |
| Operating Gains Losses | -6.7M | -- | 1.0M | -2.1M | -- |
| Proceeds From Stock Option Exercised | 146,000 | 1.8M | 16.8M | 0.00 | -- |
| Provisionand Write Offof Assets | -- | -- | 9.7M | 0.00 | -- |
| Sale Of PPE | 2.0M | 366,000 | 1.7M | 4.5M | 0.00 |
| Taxes Refund Paid | -11.6M | -7.0M | -6.1M | -5.0M | -5.3M |
| Unrealized Gain Loss On Investment Securities | -46.2M | -12.8M | -1.5M | 4.1M | 10.8M |