Balance Sheet Almonty Industries Inc.

Equities

AII

CA0203987072

Specialty Mining & Metals

Market Closed - Toronto S.E. Other stock markets 16:00:00 2025-07-10 EDT			5-day change	1st Jan Change
7.780 ^CAD	-4.54%		+19.78%	+469.96%

12:26am	Almonty Expects Ore Throughput Capacity of Around 640,000 Tons Per Year From South Korea Tungsten Mine's First Phase	MT
07-07	Almonty Industries Files for US Public Offering, Eyes Nasdaq Listing	MT

74369b382067087e58c12.NCDjVLfjOlRTFh89wnHVcvVqS76_-U4zTWiC6CvAkZU.Z3erHPKtUWEpfEoOtSnjIYQBev-NuAFQJ1Hq22mk3ed7b9MwgIB7EikuSg

Published financial data: ALMONTY INDUSTRIES INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	25.1M	20.85M	24.8M	22.51M	28.84M
Total Revenues	25.1M	20.85M	24.8M	22.51M	28.84M
Cost of Goods Sold, Total	24.39M	20.41M	20.95M	20.35M	25.75M
Gross Profit	704K	434K	3.84M	2.16M	3.09M
Selling General & Admin Expenses, Total	6.96M	6.38M	6.14M	5.82M	6.15M
Stock-Based Compensation (IS)	612K	1.51M	3.81M	1.14M	2.73M
Depreciation & Amortization - (IS)	2.08M	1.78M	1.3M	1.08M	1.12M
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-4.14M	-	-	-
Other Operating Expenses, Total	9.65M	5.54M	11.25M	8.03M	10.01M
Operating Income	-8.95M	-5.11M	-7.41M	-5.87M	-6.92M
Interest Expense, Total	-3.14M	-3.49M	-3.86M	-4.3M	-4.57M
Net Interest Expenses	-3.14M	-3.49M	-3.86M	-4.3M	-4.57M
Currency Exchange Gains (Loss)	863K	215K	-2.93M	489K	-1.78M
Other Non Operating Income (Expenses)	-697K	133K	72K	920K	-2.66M
EBT, Excl. Unusual Items	-11.92M	-8.24M	-14.13M	-8.77M	-15.93M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	1.78M	-	-	-	-
EBT, Incl. Unusual Items	-10.14M	-8.24M	-14.13M	-8.77M	-15.93M
Income Tax Expense	-1.09M	-492K	356K	67K	372K
Earnings From Continuing Operations	-9.06M	-7.75M	-14.49M	-8.84M	-16.3M
Net Income to Company	-9.06M	-7.75M	-14.49M	-8.84M	-16.3M
Minority Interest	-	-	-	-	-
Net Income - (IS)	-9.06M	-7.75M	-14.49M	-8.84M	-16.3M
Net Income to Common Incl Extra Items	-9.06M	-7.75M	-14.49M	-8.84M	-16.3M
Net Income to Common Excl. Extra Items	-9.06M	-7.75M	-14.49M	-8.84M	-16.3M
Per Share Items
Net EPS - Basic	-0.07	-0.06	-0.1	-0.06	-0.1
Basic EPS - Continuing Operations	-0.07	-0.06	-0.1	-0.06	-0.1
Basic Weighted Average Shares Outstanding	122M	132M	142M	151M	169M
Net EPS - Diluted	-0.07	-0.06	-0.1	-0.06	-0.1
Diluted EPS - Continuing Operations	-0.07	-0.06	-0.1	-0.06	-0.1
Diluted Weighted Average Shares Outstanding	122M	132M	142M	151M	169M
Normalized Basic EPS	-0.06	-0.04	-0.06	-0.04	-0.06
Normalized Diluted EPS	-0.06	-0.04	-0.06	-0.04	-0.06
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	-6.7M	-3.28M	-6.14M	-5.29M	-6.29M
EBITA	-8.78M	-5.14M	-7.44M	-6.37M	-7.41M
EBIT	-8.95M	-5.11M	-7.41M	-5.87M	-6.92M
Effective Tax Rate - (Ratio)	10.71	5.97	-2.52	-0.76	-2.34
Current Foreign Taxes	81K	88K	211K	67K	133K
Total Current Taxes	81K	88K	211K	67K	133K
Deferred Foreign Taxes	-1.17M	-580K	145K	-	239K
Total Deferred Taxes	-1.17M	-580K	145K	-	239K
Normalized Net Income	-7.45M	-5.15M	-8.83M	-5.48M	-9.95M
Interest on Long-Term Debt	3.84M	3.49M	4.6M	5.04M	4.57M
Supplemental Operating Expense Items
General and Administrative Expenses	6.96M	6.38M	6.14M	5.82M	6.15M
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	612K	1.51M	3.81M	1.14M	2.73M
Total Stock-Based Compensation	612K	1.51M	3.81M	1.14M	2.73M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	2.37M	1.05M	8.44M	22.02M	7.83M
Total Cash And Short Term Investments	2.37M	1.05M	8.44M	22.02M	7.83M
Accounts Receivable, Total	399K	1.59M	2.19M	2.68M	2.93M
Other Receivables	534K	403K	491K	661K	573K
Total Receivables	933K	1.99M	2.68M	3.34M	3.5M
Inventory	6.14M	6.78M	5.71M	7.83M	6.74M
Prepaid Expenses	393K	1.07M	3.98M	3.05M	2.51M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	9.84M	10.88M	20.82M	36.24M	20.58M
Gross Property Plant And Equipment	163M	160M	187M	212M	247M
Accumulated Depreciation	-55.46M	-50.82M	-48.52M	-46.07M	-44.97M
Net Property Plant And Equipment	107M	110M	139M	166M	202M
Deferred Tax Assets Long-Term	2.25M	2.65M	2.52M	2.55M	2.36M
Deferred Charges Long-Term	3.5M	13.3M	-	-	-
Other Long-Term Assets, Total	28.01M	29.51M	30.8M	30.86M	31.54M
Total Assets	151M	166M	193M	235M	256M
Liabilities
Accounts Payable, Total	12.73M	12.26M	13.22M	19.67M	18.47M
Accrued Expenses, Total	4.88M	8.74M	10.72M	11.8M	10.68M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	48.85M	18.6M	30.28M	34.14M	21.84M
Current Portion of Leases	297K	105K	68K	27K	52K
Unearned Revenue Current, Total	-	1.28M	624K	1.06M	74K
Total Current Liabilities	66.76M	40.98M	54.91M	66.7M	51.11M
Long-Term Debt	12.03M	48.94M	59.13M	95.81M	136M
Long-Term Leases	351K	68K	-	90K	158K
Pension & Other Post Retirement Benefits	277K	298K	336K	436K	575K
Deferred Tax Liability Non Current	14K	14K	14K	14K	14K
Other Non Current Liabilities	42.47M	38.07M	38.7M	23.78M	29.44M
Total Liabilities	122M	128M	153M	187M	217M
Common Stock, Total	92.55M	112M	119M	127M	147M
Additional Paid In Capital	5.61M	7.01M	10.82M	12.3M	16.07M
Retained Earnings	-72.84M	-80.6M	-95.09M	-104M	-120M
Comprehensive Income and Other	3.85M	-1.37M	4.63M	12.77M	-3.29M
Total Common Equity	29.17M	37.49M	39.75M	48.51M	39.07M
Total Equity	29.17M	37.49M	39.75M	48.51M	39.07M
Total Liabilities And Equity	151M	166M	193M	235M	256M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	128M	139M	152M	168M	187M
ECS Total Common Shares Outstanding	122M	138M	144M	156M	177M
Book Value / Share	0.24	0.27	0.28	0.31	0.22
Tangible Book Value	29.17M	37.49M	39.75M	48.51M	39.07M
Tangible Book Value Per Share	0.24	0.27	0.28	0.31	0.22
Total Debt	61.52M	67.71M	89.48M	130M	158M
Net Debt	59.15M	66.66M	81.04M	108M	150M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	467K	626K	367K	2.46M	996K
Inventories - Finished Goods, Total	124K	1.52M	521K	536K	129K
Inventories - Others	5.55M	4.63M	4.83M	4.84M	5.61M
Machinery, Total	-	-	-	60.23M	76.29M
Full Time Employees	384	395	403	-	-
Part Time Employees	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-9.06M	-7.75M	-14.49M	-8.84M	-16.3M
Depreciation & Amortization - CF	2.08M	1.78M	1.3M	1.08M	1.12M
Amortization of Goodwill and Intangible Assets - (CF)	172K	-35K	-34K	-496K	-495K
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-4.14M	-	-	-
Depreciation & Amortization, Total	2.25M	-2.39M	1.26M	581K	625K
(Gain) Loss From Sale Of Asset	-	61K	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	612K	1.51M	3.81M	1.14M	2.73M
Other Operating Activities, Total	1.83M	1.84M	4.43M	3.85M	10.36M
Change In Accounts Receivable	497K	-1.24M	-586K	-467K	-248K
Change In Inventories	1.05M	-1.15M	1.04M	-2.05M	1.09M
Change In Accounts Payable	-1M	1.06M	2.58M	-7.12M	-5.4M
Change in Unearned Revenues	-	1.32M	-625K	430K	-988K
Change In Income Taxes	442K	96K	-85K	-165K	88K
Change in Other Net Operating Assets	-1.45M	-1.79M	-2.91M	937K	541K
Cash from Operations	-4.83M	-8.44M	-5.57M	-11.7M	-7.5M
Capital Expenditure	-6.29M	-10M	-22.76M	-17.49M	-36.23M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-6.29M	-10M	-22.76M	-17.49M	-36.23M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	12.22M	10.56M	39.12M	42.51M	43.64M
Total Debt Issued	12.22M	10.56M	39.12M	42.51M	43.64M
Long-Term Debt Repaid, Total	-1.55M	-2.38M	-5.85M	-3.74M	-23.61M
Total Debt Repaid	-1.55M	-2.38M	-5.85M	-3.74M	-23.61M
Issuance of Common Stock	2M	19.1M	7.13M	7.5M	11.81M
Repurchase of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-772K	-10.08M	-5.18M	-2.91M	-2.47M
Cash from Financing	11.91M	17.19M	35.22M	43.37M	29.37M
Foreign Exchange Rate Adjustments	95K	-70K	499K	-604K	169K
Miscellaneous Cash Flow Adjustments	-	-	-1K	-	-
Net Change in Cash	876K	-1.32M	7.39M	13.58M	-14.19M
Supplemental Items
Cash Interest Paid	725K	1.17M	1.82M	2.54M	2.29M
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-8.92M	-13.95M	-24.98M	-16M	-41.89M
Unlevered Free Cash Flow	-6.96M	-11.78M	-22.57M	-13.31M	-39.03M
Change In Net Working Capital	-2.07M	-2.29M	256K	-6.13M	1.84M
Net Debt Issued / Repaid	10.68M	8.17M	33.27M	38.77M	20.04M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-3.93	-2.01	-2.58	-1.71	-1.76
Return on Total Capital	-6.43	-3.26	-3.95	-2.39	-2.3
Return On Equity %	-28.76	-23.26	-37.52	-20.03	-37.22
Return on Common Equity	-28.76	-23.26	-37.52	-20.03	-37.22
Margin Analysis
Gross Profit Margin %	2.81	2.08	15.51	9.6	10.72
SG&A Margin	27.75	30.6	24.78	25.84	21.34
EBITDA Margin %	-26.7	-15.72	-24.78	-23.51	-21.82
EBITA Margin %	-34.97	-24.66	-30.02	-28.3	-25.7
EBIT Margin %	-35.65	-24.49	-29.88	-26.1	-23.99
Income From Continuing Operations Margin %	-36.09	-37.19	-58.44	-39.26	-56.52
Net Income Margin %	-36.09	-37.19	-58.44	-39.26	-56.52
Net Avail. For Common Margin %	-36.09	-37.19	-58.44	-39.26	-56.52
Normalized Net Income Margin	-29.69	-24.72	-35.63	-24.35	-34.52
Levered Free Cash Flow Margin	-35.54	-66.94	-100.75	-71.1	-145.26
Unlevered Free Cash Flow Margin	-27.73	-56.48	-91.01	-59.14	-135.36
Asset Turnover
Asset Turnover	0.18	0.13	0.14	0.11	0.12
Fixed Assets Turnover	0.25	0.19	0.2	0.15	0.16
Receivables Turnover (Average Receivables)	39.93	20.98	13.12	9.24	10.29
Inventory Turnover (Average Inventory)	3.85	3.16	3.35	3	3.53
Short Term Liquidity
Current Ratio	0.15	0.27	0.38	0.54	0.4
Quick Ratio	0.05	0.07	0.2	0.38	0.22
Operating Cash Flow to Current Liabilities	-0.07	-0.21	-0.1	-0.18	-0.15
Days Sales Outstanding (Average Receivables)	9.17	17.39	27.83	39.5	35.58
Days Outstanding Inventory (Average Inventory)	95.16	115.49	108.81	121.48	103.56
Average Days Payable Outstanding	186.27	216.66	233.8	267.11	283.1
Cash Conversion Cycle (Average Days)	-81.95	-83.77	-97.16	-106.13	-143.96
Long Term Solvency
Total Debt/Equity	210.92	180.59	225.11	268.14	404.43
Total Debt / Total Capital	67.84	64.36	69.24	72.84	80.18
LT Debt/Equity	42.44	130.71	148.76	197.7	348.39
Long-Term Debt / Total Capital	13.65	46.58	45.76	53.7	69.07
Total Liabilities / Total Assets	80.69	77.39	79.39	79.39	84.76
EBIT / Interest Expense	-2.85	-1.46	-1.92	-1.36	-1.51
EBITDA / Interest Expense	-2.13	-0.94	-1.59	-1.23	-1.38
(EBITDA - Capex) / Interest Expense	-4.14	-3.81	-7.48	-5.29	-9.31
Total Debt / EBITDA	-9.18	-20.66	-14.56	-24.57	-25.11
Net Debt / EBITDA	-8.83	-20.34	-13.19	-20.41	-23.87
Total Debt / (EBITDA - Capex)	-4.73	-5.1	-3.1	-5.71	-3.72
Net Debt / (EBITDA - Capex)	-4.55	-5.02	-2.8	-4.74	-3.53
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-34.34	-16.93	18.94	-9.22	28.1
Gross Profit, 1 Yr. Growth %	-92.07	-38.35	785.94	-43.82	43.06
EBITDA, 1 Yr. Growth %	36.85	-51.09	86.4	-13.86	18.87
EBITA, 1 Yr. Growth %	-47.06	-41.41	44.78	-14.42	16.36
EBIT, 1 Yr. Growth %	-46.62	-42.93	45.1	-20.72	17.76
Earnings From Cont. Operations, 1 Yr. Growth %	-27.49	-14.4	86.9	-39.01	84.43
Net Income, 1 Yr. Growth %	-27.49	-14.4	86.9	-39.01	84.43
Normalized Net Income, 1 Yr. Growth %	-25.34	-30.83	71.43	-37.95	81.6
Diluted EPS Before Extra, 1 Yr. Growth %	-	-20	75	-42.86	60.39
Accounts Receivable, 1 Yr. Growth %	-53.5	297.99	38.1	22.16	9.26
Inventory, 1 Yr. Growth %	-6.13	10.36	-15.69	37.07	-13.97
Net Property, Plant and Equip., 1 Yr. Growth %	13.48	1.9	26.66	19.44	21.84
Total Assets, 1 Yr. Growth %	13.03	9.79	16.27	22.03	8.93
Tangible Book Value, 1 Yr. Growth %	-13.74	28.53	6.02	22.03	-19.45
Common Equity, 1 Yr. Growth %	-13.74	28.53	6.02	22.03	-19.45
Cash From Operations, 1 Yr. Growth %	-243.44	74.7	-33.97	211.95	-35.9
Capital Expenditures, 1 Yr. Growth %	-14.54	58.9	127.53	-23.13	107.13
Levered Free Cash Flow, 1 Yr. Growth %	-	56.45	79.02	-35.94	161.72
Unlevered Free Cash Flow, 1 Yr. Growth %	-	69.24	91.64	-41	193.18
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-26.15	-0.6	3.91	7.84
Gross Profit, 2 Yr. CAGR %	-	-77.88	133.7	123.09	-10.35
EBITDA, 2 Yr. CAGR %	-	-18.19	-4.23	26.71	1.19
EBITA, 2 Yr. CAGR %	-	-44.31	-7.9	11.31	-0.21
EBIT, 2 Yr. CAGR %	-	-44.8	-9	7.26	-3.38
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-21.21	26.49	6.76	6.06
Net Income, 2 Yr. CAGR %	-	-21.21	26.49	6.76	6.06
Normalized Net Income, 2 Yr. CAGR %	-	-28.14	8.89	3.13	6.15
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	18.32	-0	-4.27
Accounts Receivable, 2 Yr. CAGR %	-	36.04	134.44	29.89	15.53
Inventory, 2 Yr. CAGR %	-	1.78	-3.54	7.5	8.59
Net Property, Plant and Equip., 2 Yr. CAGR %	-	7.54	13.61	23	20.64
Total Assets, 2 Yr. CAGR %	-	11.4	12.99	19.12	15.3
Tangible Book Value, 2 Yr. CAGR %	-	5.3	16.74	13.75	-0.86
Common Equity, 2 Yr. CAGR %	-	5.3	16.74	13.75	-0.86
Cash From Operations, 2 Yr. CAGR %	-	58.3	7.41	17.73	41.4
Capital Expenditures, 2 Yr. CAGR %	-	16.53	90.14	32.25	26.18
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	67.35	7.09	29.49
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	80.09	6.33	31.51
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-13.43	-3.56	11.42
Gross Profit, 3 Yr. CAGR %	-	-	-24.33	45.31	92.38
EBITDA, 3 Yr. CAGR %	-	-	7.87	-7.56	24.04
EBITA, 3 Yr. CAGR %	-	-	-23.42	-10.13	12.97
EBIT, 3 Yr. CAGR %	-	-	-23.82	-13.09	10.65
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	5.08	-0.82	28.1
Net Income, 3 Yr. CAGR %	-	-	5.08	-0.82	28.1
Normalized Net Income, 3 Yr. CAGR %	-	-	-3.98	-9.72	24.54
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-7.17	17.06
Accounts Receivable, 3 Yr. CAGR %	-	-	36.73	88.65	22.61
Inventory, 3 Yr. CAGR %	-	-	-4.41	8.45	-0.19
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	13.57	15.52	22.61
Total Assets, 3 Yr. CAGR %	-	-	13	15.92	15.62
Tangible Book Value, 3 Yr. CAGR %	-	-	5.54	18.48	1.39
Common Equity, 3 Yr. CAGR %	-	-	5.54	18.48	1.39
Cash From Operations, 3 Yr. CAGR %	-	-	18.28	34.28	-3.87
Capital Expenditures, 3 Yr. CAGR %	-	-	45.65	40.6	53.58
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	21.51	44.25
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	24.15	49.1
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	-5.48
Gross Profit, 5 Yr. CAGR %	-	-	-	-	-19.02
EBITDA, 5 Yr. CAGR %	-	-	-	-	5.15
EBITA, 5 Yr. CAGR %	-	-	-	-	-14.87
EBIT, 5 Yr. CAGR %	-	-	-	-	-16.22
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	5.47
Net Income, 5 Yr. CAGR %	-	-	-	-	5.47
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	-0.05
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	27.82
Inventory, 5 Yr. CAGR %	-	-	-	-	0.59
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	16.34
Total Assets, 5 Yr. CAGR %	-	-	-	-	13.91
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	2.93
Common Equity, 5 Yr. CAGR %	-	-	-	-	2.93
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	17.36
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	37.53
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-