Americas Gold and Silver Corporation
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 100.2M | 95.2M | 85.0M | 45.1M |
| Operating Revenue | 124.5M | 128.7M | 129.2M | 58.4M |
| Cost Of Revenue | 106.8M | 101.5M | 93.4M | 100.6M |
| Gross Profit | -6.6M | -6.3M | -8.4M | -55.5M |
| Selling General And Administration | 8.9M | 8.6M | 9.4M | 10.3M |
| General And Administrative Expense | 8.9M | 8.6M | 9.4M | 10.3M |
| Other Operating Expenses | 6.6M | 4.0M | 4.2M | 4.1M |
| Operating Expense | 19.6M | 16.5M | 18.1M | 27.1M |
| Operating Income | -26.2M | -22.8M | -26.5M | -82.6M |
| EBIT | -40.8M | -32.0M | -39.7M | -157.3M |
| Interest Expense | 7.4M | 8.2M | 1.8M | 4.9M |
| Interest Expense Non Operating | 7.4M | 8.2M | 1.8M | 4.9M |
| Net Interest Income | -7.4M | -8.2M | -1.8M | -4.9M |
| Other Income Expense | -14.6M | -9.2M | -13.2M | -74.7M |
| Other Non Operating Income Expenses | -875,000 | -760,000 | -- | -- |
| Special Income Charges | 18,000 | -5.6M | -9.2M | -56.0M |
| Restructuring And Mergern Acquisition | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | -13.7M | -2.9M | -4.0M | -18.7M |
| Pretax Income | -48.2M | -40.2M | -41.5M | -162.2M |
| Tax Provision | 679,000 | -2.1M | 3.7M | -1.6M |
| Tax Effect Of Unusual Items | -2.1M | -433,679 | -3.5M | -741,537 |
| Net Income From Continuing And Discontinued Operation | -44.9M | -35.0M | -43.1M | -157.7M |
| Net Income From Continuing Operation Net Minority Interest | -44.9M | -35.0M | -43.1M | -157.7M |
| Net Income Including Noncontrolling Interests | -48.9M | -38.2M | -45.2M | -160.6M |
| Minority Interests | 3.9M | 3.2M | 2.1M | 2.9M |
| Net Income Common Stockholders | -44.9M | -35.0M | -43.1M | -157.7M |
| Net Income | -44.9M | -35.0M | -43.1M | -157.7M |
| EBITDA | -16.7M | -11.2M | -18.3M | -141.5M |
| Normalized EBITDA | -3.0M | -2.7M | -5.2M | -66.8M |
| Reconciled Depreciation | 24.1M | 20.8M | 21.3M | 15.8M |
| Basic EPS | -0.42 | -0.40 | -0.57 | -2.77 |
| Diluted EPS | -0.42 | -0.40 | -0.57 | -2.77 |
| Basic Average Shares | 106.0M | 85.1M | 73.8M | 56.8M |
| Diluted Average Shares | 106.0M | 85.1M | 73.8M | 56.8M |
| Total Unusual Items | -13.7M | -8.5M | -13.2M | -74.7M |
| Total Unusual Items Excluding Goodwill | -13.7M | -8.5M | -13.2M | -74.7M |
| Tax Rate For Calcs | 0.15 | 0.05 | 0.26 | 0.01 |
| Normalized Income | -33.3M | -26.9M | -33.4M | -83.7M |
| Diluted NI Availto Com Stockholders | -44.9M | -35.0M | -43.1M | -157.7M |
| Gain On Sale Of Ppe | 18,000 | 402,000 | 0.00 | 0.00 |
| Impairment Of Capital Assets | 0.00 | 6.0M | 13.4M | 56.0M |
| Net Income Continuous Operations | -48.9M | -38.2M | -45.2M | -160.6M |
| Net Non Operating Interest Income Expense | -7.4M | -8.2M | -1.8M | -4.9M |
| Other Gand A | 3.6M | 4.0M | 3.7M | 3.7M |
| Other Special Charges | -- | -- | -4.3M | -- |
| Reconciled Cost Of Revenue | 106.8M | 101.5M | 93.4M | 100.6M |
| Salaries And Wages | 5.3M | 4.6M | 5.7M | 6.6M |
| Total Expenses | 126.4M | 118.0M | 111.5M | 127.7M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 20.0M | 2.1M | 2.0M | 2.9M |
| Cash Cash Equivalents And Short Term Investments | 20.0M | 2.1M | 2.0M | 2.9M |
| Cash Financial | -- | -- | -- | 2.9M |
| Accounts Receivable | 3.6M | 5.9M | 5.6M | 4.7M |
| Receivables | 7.1M | 9.5M | 11.6M | 8.2M |
| Inventory | 10.7M | 8.7M | 8.8M | 10.0M |
| Prepaid Assets | 2.9M | 2.8M | 3.0M | 2.4M |
| Current Assets | 40.7M | 23.0M | 25.4M | 23.5M |
| Gross PPE | 397.8M | 379.4M | 360.8M | 342.6M |
| Accumulated Depreciation | -250.4M | -226.3M | -199.5M | -164.7M |
| Net PPE | 147.4M | 153.1M | 161.3M | 177.9M |
| Other Non Current Assets | 4.5M | 4.4M | 4.1M | 12.0M |
| Total Non Current Assets | 151.9M | 157.5M | 165.4M | 189.9M |
| Total Assets | 192.6M | 180.5M | 190.8M | 213.4M |
| Current Debt | 12.8M | 21.9M | 2.7M | 10.9M |
| Current Debt And Capital Lease Obligation | 14.9M | 21.9M | 2.7M | 10.9M |
| Accounts Payable | 37.3M | 23.0M | 27.1M | 20.6M |
| Payables | 40.1M | 25.1M | 27.1M | 20.6M |
| Payables And Accrued Expenses | 40.1M | 25.1M | 27.1M | 20.6M |
| Current Deferred Revenue | 13.7M | 12.5M | 11.3M | 12.0M |
| Other Current Liabilities | 709,000 | 1.7M | 991,000 | 2.2M |
| Current Liabilities | 69.4M | 61.2M | 42.1M | 45.7M |
| Long Term Debt | 7.4M | -- | 9.6M | 8.7M |
| Long Term Debt And Capital Lease Obligation | 7.4M | -- | 9.6M | 8.7M |
| Other Non Current Liabilities | 1.7M | 1.6M | 1.8M | 1.5M |
| Total Non Current Liabilities Net Minority Interest | 69.8M | 47.1M | 50.1M | 63.9M |
| Total Liabilities Net Minority Interest | 139.2M | 108.3M | 92.2M | 109.6M |
| Common Stock | 573.5M | 455.5M | 449.4M | 423.1M |
| Capital Stock | 573.5M | 455.5M | 449.4M | 423.1M |
| Retained Earnings | -591.0M | -463.4M | -428.8M | -387.9M |
| Gains Losses Not Affecting Retained Earnings | 70.9M | 61.3M | 60.7M | 57.9M |
| Other Equity Adjustments | 56.5M | 52.9M | 50.9M | 51.1M |
| Common Stock Equity | 53.4M | 53.4M | 81.2M | 93.1M |
| Stockholders Equity | 53.4M | 53.4M | 81.2M | 93.1M |
| Total Equity Gross Minority Interest | 53.4M | 72.2M | 98.6M | 103.8M |
| Minority Interest | 0.00 | 18.8M | 17.4M | 10.8M |
| Total Capitalization | 60.9M | 53.4M | 90.8M | 101.7M |
| Net Tangible Assets | 53.4M | 53.4M | 81.2M | 93.1M |
| Tangible Book Value | 53.4M | 53.4M | 81.2M | 93.1M |
| Working Capital | -28.7M | -38.2M | -16.7M | -22.1M |
| Invested Capital | 73.7M | 75.3M | 93.6M | 112.7M |
| Total Debt | 22.3M | 21.9M | 12.3M | 19.6M |
| Net Debt | 287,000 | 19.8M | 10.4M | 16.7M |
| Share Issued | 237.8M | 87.5M | 81.8M | 66.1M |
| Ordinary Shares Number | 237.8M | 87.5M | 81.8M | 66.1M |
| Current Deferred Liabilities | 13.7M | 12.5M | 11.3M | 12.0M |
| Current Notes Payable | 0.00 | 4.3M | 2.5M | -- |
| Employee Benefits | 3.9M | 6.5M | 7.0M | 10.9M |
| Finished Goods | -- | 0.00 | 368,000 | 0.00 |
| Foreign Currency Translation Adjustments | 14.4M | 8.3M | 9.8M | 6.8M |
| Line Of Credit | 2.0M | 2.2M | 222,000 | 1.5M |
| Long Term Provisions | 11.4M | 12.2M | 11.7M | 13.4M |
| Machinery Furniture Equipment | 133.3M | 128.5M | 120.8M | 110.5M |
| Non Current Deferred Liabilities | 45.4M | 25.0M | 20.0M | 29.4M |
| Non Current Deferred Revenue | 45.4M | 24.3M | 19.7M | 28.9M |
| Non Current Deferred Taxes Liabilities | 48,000 | 629,000 | 348,000 | 488,000 |
| Non Current Pension And Other Postretirement Benefit Plans | 3.9M | 6.5M | 7.0M | 10.9M |
| Other Current Borrowings | 10.8M | 15.4M | 2.7M | 9.5M |
| Other Payable | 2.8M | 2.2M | -- | -- |
| Other Properties | 24.9M | 24.2M | 24.6M | 23.8M |
| Other Receivables | 3.6M | 3.6M | 5.9M | 249,000 |
| Preferred Stock | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 10.7M | 8.7M | 8.3M | 9.1M |
| Taxes Receivable | -- | -- | 0.00 | 3.2M |
| Tradeand Other Payables Non Current | 0.00 | 1.8M | 0.00 | -- |
| Work In Process | -- | 0.00 | 205,000 | 886,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.1M | -1.0M | -1.2M | -50.9M |
| Cash Flow From Continuing Operating Activities | -3.1M | -1.0M | -1.2M | -50.9M |
| Depreciation Amortization Depletion | 24.1M | 20.8M | 21.3M | 15.8M |
| Stock Based Compensation | 1.5M | 2.0M | 2.7M | 4.3M |
| Deferred Tax | 679,000 | -2.1M | 3.7M | -1.6M |
| Deferred Income Tax | 679,000 | -2.1M | 3.7M | -1.6M |
| Change In Working Capital | 2.9M | -789,000 | -2.0M | -24.0M |
| Change In Receivables | 2.4M | 2.1M | -3.3M | -3.1M |
| Change In Inventory | -3.3M | -3.3M | -2.7M | -19.9M |
| Change In Payables And Accrued Expense | 3.9M | 214,000 | 4.6M | -752,000 |
| Change In Payable | 3.9M | 214,000 | 4.6M | -752,000 |
| Other Non Cash Items | 16.2M | 9.4M | 61,000 | 20.1M |
| Capital Expenditure | -18.9M | -19.9M | -19.6M | -12.6M |
| Investing Cash Flow | -18.9M | -18.1M | -19.6M | -14.1M |
| Cash Flow From Continuing Investing Activities | -18.9M | -18.1M | -19.6M | -14.1M |
| Issuance Of Debt | 9.4M | 9.3M | 5.1M | 14.9M |
| Repayment Of Debt | -5.0M | -2.7M | -7.3M | -10.8M |
| Net Issuance Payments Of Debt | 4.2M | 8.8M | -2.2M | 4.2M |
| Issuance Of Capital Stock | 47.7M | 3.1M | 19.9M | 57.7M |
| Net Common Stock Issuance | 47.7M | 3.1M | 19.9M | 57.7M |
| Financing Cash Flow | 35.1M | 20.3M | 17.4M | 63.4M |
| Cash Flow From Continuing Financing Activities | 35.1M | 20.5M | 17.4M | 63.4M |
| Effect Of Exchange Rate Changes | 4.7M | -1.1M | 2.4M | -200,000 |
| Changes In Cash | 13.2M | 1.2M | -3.3M | -1.6M |
| Beginning Cash Position | 2.1M | 2.0M | 2.9M | 4.7M |
| End Cash Position | 20.0M | 2.1M | 2.0M | 2.9M |
| Free Cash Flow | -21.9M | -21.0M | -20.8M | -63.6M |
| Interest Paid Supplemental Data | 3.2M | 2.3M | 2.6M | 1.8M |
| Asset Impairment Charge | 1.3M | 7.7M | 21.9M | 96.7M |
| Capital Expenditure Reported | -18.9M | -19.9M | -19.6M | -12.6M |
| Change In Prepaid Assets | -35,000 | 198,000 | -604,000 | -226,000 |
| Common Stock Issuance | 47.7M | 3.1M | 19.9M | 57.7M |
| Gain Loss On Investment Securities | 164,000 | -120,000 | -214,000 | -1.6M |
| Long Term Debt Issuance | 9.4M | 9.3M | 5.1M | 14.9M |
| Long Term Debt Payments | -5.0M | -2.7M | -7.3M | -10.8M |
| Net Income From Continuing Operations | -48.9M | -38.2M | -45.2M | -160.6M |
| Net Long Term Debt Issuance | 4.4M | 6.6M | -2.2M | 4.2M |
| Net Other Financing Charges | -17.4M | 8.4M | -225,000 | 1.4M |
| Net Other Investing Changes | -- | 1.8M | -- | -1.4M |
| Net Short Term Debt Issuance | -250,000 | 2.2M | 0.00 | 0.00 |
| Operating Gains Losses | -800,000 | -76,000 | -3.7M | -1.6M |
| Pension And Employee Benefit Expense | -946,000 | 446,000 | 753,000 | -67,000 |
| Proceeds From Stock Option Exercised | 620,000 | 0.00 | 0.00 | 172,000 |
| Provisionand Write Offof Assets | -4,000 | 94,000 | 0.00 | 7,000 |
| Short Term Debt Payments | -- | -222,000 | 0.00 | 0.00 |