Income Statement Freegold Limited

Stocks

FVL

CA3564541082

Diversified Mining

Market Closed - Toronto S.E. 16:00:00 2026-09-11 EDT			5-day change	1st Jan Change
1.190 ^CAD	-0.83%		-4.03%	-26.09%

08-26	Freegold Limited Reports Additional Drill Results from Its Golden Summit Program in Alaska	CI
08-14	Freegold Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

81bf8.xH7MqHsoSrN8O3M0gLWVo4KYetkN80aDu9_OuY-KIW4.rTSq5BBhBtEpTRJl5NbD5-jvEOBYtgy647WG3fzvaj6vR6L-LxoT4xV3Ig

Published financial data: FREEGOLD LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Selling General & Admin Expenses, Total	2.06M	667K	3.05M	1.05M	952K
Depreciation & Amortization - (IS)	63.55K	104K	66.01K	56.67K	67.66K
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	6.56M
Other Operating Expenses	-221K	-7.36K	12.9K	8.27K	8.46K
Other Operating Expenses, Total	1.9M	764K	3.13M	1.11M	7.59M
Operating Income	-1.9M	-764K	-3.13M	-1.11M	-7.59M
Interest Expense, Total	-6.51K	-6.3K	-11.32K	-13.67K	-11.67K
Interest And Investment Income	87.8K	66.04K	221K	166K	504K
Net Interest Expenses	81.3K	59.74K	209K	152K	492K
Currency Exchange Gains (Loss)	-268K	58.04K	-5.54K	46.04K	-53.82K
Other Non Operating Income (Expenses)	-185K	-157K	-174K	-176K	-196K
EBT, Excl. Unusual Items	-2.27M	-803K	-3.1M	-1.09M	-7.34M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	67.76K	-	-	-	-
EBT, Incl. Unusual Items	-2.21M	-803K	-3.1M	-1.09M	-7.34M
Earnings From Continuing Operations	-2.21M	-803K	-3.1M	-1.09M	-7.34M
Net Income to Company	-2.21M	-803K	-3.1M	-1.09M	-7.34M
Net Income - (IS)	-2.21M	-803K	-3.1M	-1.09M	-7.34M
Net Income to Common Incl Extra Items	-2.21M	-803K	-3.1M	-1.09M	-7.34M
Net Income to Common Excl. Extra Items	-2.21M	-803K	-3.1M	-1.09M	-7.34M
Per Share Items
Net EPS - Basic	-0.01	-0	-0.01	-0	-0.01
Basic EPS - Continuing Operations	-0.01	-0	-0.01	-0	-0.01
Basic Weighted Average Shares Outstanding	335M	352M	394M	447M	515M
Net EPS - Diluted	-0.01	-0	-0.01	-0	-0.01
Diluted EPS - Continuing Operations	-0.01	-0	-0.01	-0	-0.01
Diluted Weighted Average Shares Outstanding	335M	352M	394M	447M	515M
Normalized Basic EPS	-0	-0	-0	-0	-0.01
Normalized Diluted EPS	-0	-0	-0	-0	-0.01
Supplemental Items
EBITDA	-1.88M	-694K	-3.09M	-1.08M	-983K
EBITA	-1.9M	-764K	-3.12M	-1.1M	-7.58M
EBIT	-1.9M	-764K	-3.13M	-1.11M	-7.59M
EBITDAR	-1.88M	-668K	-3.06M	-1.05M	-952K
Normalized Net Income	-1.42M	-502K	-1.94M	-681K	-4.59M
Interest on Long-Term Debt	5.81K	6.26K	4.81K	6.03K	1.95K
Supplemental Operating Expense Items
Advertising Expense	36.09K	145K	265K	206K	217K
Selling and Marketing Expenses	36.09K	145K	265K	206K	217K
General and Administrative Expenses	245K	206K	260K	322K	326K
Net Rental Expense, Total	6.8K	25.6K	28.01K	32.72K	31.1K
Imputed Operating Lease Interest Expense	3.46K	8.74K	22.24K	43.81K	61.1K
Imputed Operating Lease Depreciation	3.34K	16.86K	5.77K	-11.09K	-30K
Stock-Based Comp., SG&A Exp. (Total)	1.54M	-	2.18M	141K	-
Total Stock-Based Compensation	1.54M	-	2.18M	141K	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	13.83M	693K	2.02M	3.45M	18.88M
Total Cash And Short Term Investments	13.83M	693K	2.02M	3.45M	18.88M
Other Receivables	22.71K	19.73K	32.15K	46.6K	80.2K
Total Receivables	22.71K	19.73K	32.15K	46.6K	80.2K
Prepaid Expenses	224K	93.82K	158K	105K	145K
Restricted Cash	166K	-	-	-	-
Total Current Assets	14.24M	807K	2.21M	3.61M	19.11M
Gross Property Plant And Equipment	60.32M	76.8M	88.39M	99.94M	112M
Accumulated Depreciation	-139K	-209K	-242K	-266K	-302K
Net Property Plant And Equipment	60.18M	76.59M	88.15M	99.68M	112M
Total Assets	74.42M	77.4M	90.36M	103M	131M
Liabilities
Accounts Payable, Total	307K	377K	134K	179K	557K
Accrued Expenses, Total	39.44K	64.15K	57.46K	54.56K	58.37K
Current Portion of Leases	30.44K	28.49K	29.18K	26.82K	31.63K
Other Current Liabilities	166K	-	-	-	-
Total Current Liabilities	542K	469K	221K	260K	647K
Long-Term Leases	137K	99.62K	70.77K	36.6K	-
Other Non Current Liabilities	250K	358K	366K	374K	383K
Total Liabilities	929K	927K	658K	671K	1.03M
Common Stock, Total	109M	116M	126M	141M	172M
Retained Earnings	-69.32M	-70.12M	-73.22M	-74.31M	-81.65M
Comprehensive Income and Other	34.22M	31.09M	37.07M	35.7M	39.12M
Total Common Equity	73.49M	76.47M	89.7M	103M	130M
Total Equity	73.49M	76.47M	89.7M	103M	130M
Total Liabilities And Equity	74.42M	77.4M	90.36M	103M	131M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	338M	409M	447M	467M	578M
ECS Total Common Shares Outstanding	337M	368M	422M	467M	533M
Book Value / Share	0.22	0.21	0.21	0.22	0.24
Tangible Book Value	73.49M	76.47M	89.7M	103M	130M
Tangible Book Value Per Share	0.22	0.21	0.21	0.22	0.24
Total Debt	167K	128K	99.94K	63.42K	31.63K
Net Debt	-13.67M	-565K	-1.92M	-3.39M	-18.85M
Debt Equivalent Oper. Leases	54.42K	205K	224K	262K	249K
Account Code - Inventory Valuation	-	3	3	3	3
Land - (BS)	219K	219K	219K	219K	219K
Buildings, Total	180K	180K	180K	180K	180K
Machinery, Total	161K	238K	238K	238K	356K
Full Time Employees	4	4	3	-	-
Part Time Employees	-	-	-	-	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-2.21M	-803K	-3.1M	-1.09M	-7.34M
Depreciation & Amortization - CF	63.55K	104K	66.01K	56.67K	67.66K
Amortization of Goodwill and Intangible Assets - (CF)	-	-	8.09K	8.27K	8.46K
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	-	6.56M
Depreciation & Amortization, Total	63.55K	104K	74.1K	64.94K	6.63M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Stock-Based Compensation (CF)	1.54M	-	2.18M	141K	-
Other Operating Activities, Total	-61.95K	6.26K	4.81K	6.03K	1.95K
Change In Accounts Receivable	18.73K	2.98K	-12.42K	-14.45K	-33.59K
Change In Accounts Payable	12.18K	-102K	12.74K	43.53K	-48.56K
Change in Other Net Operating Assets	-9.82K	-10.92K	-71.01K	49.85K	-35.55K
Cash from Operations	-647K	-803K	-907K	-798K	-825K
Capital Expenditure	-18.45M	-16.39M	-11.88M	-11.58M	-18.14M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Other Investing Activities, Total	2.49M	150K	-	-	-
Cash from Investing	-15.96M	-16.24M	-11.88M	-11.58M	-18.14M
Long-Term Debt Repaid, Total	-50.65K	-38.91K	-28.16K	-36.53K	-31.78K
Total Debt Repaid	-50.65K	-38.91K	-28.16K	-36.53K	-31.78K
Issuance of Common Stock	633K	4.05M	15.38M	14.92M	35.88M
Other Financing Activities, Total	-113K	166K	-1.19M	-643K	-2.04M
Cash from Financing	470K	4.18M	14.17M	14.24M	33.8M
Foreign Exchange Rate Adjustments	317K	-277K	-55.43K	-429K	583K
Net Change in Cash	-15.82M	-13.14M	1.33M	1.43M	15.43M
Supplemental Items
Levered Free Cash Flow	-18.04M	-16.54M	-11.91M	-12M	-15.94M
Unlevered Free Cash Flow	-18.04M	-16.53M	-11.9M	-11.99M	-15.93M
Change In Net Working Capital	-2.29K	-228K	326K	-80.04K	-308K
Net Debt Issued / Repaid	-50.65K	-38.91K	-28.16K	-36.53K	-31.78K

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-1.6	-0.63	-2.33	-0.72	-4.05
Return on Total Capital	-1.62	-0.64	-2.35	-0.72	-4.08
Return On Equity %	-3.01	-1.07	-3.73	-1.13	-6.32
Return on Common Equity	-3.01	-1.07	-3.73	-1.13	-6.32
Short Term Liquidity
Current Ratio	26.27	1.72	9.99	13.84	29.54
Quick Ratio	25.56	1.52	9.28	13.43	29.32
Operating Cash Flow to Current Liabilities	-1.19	-1.71	-4.1	-3.07	-1.28
Long Term Solvency
Total Debt/Equity	0.23	0.17	0.11	0.06	0.02
Total Debt / Total Capital	0.23	0.17	0.11	0.06	0.02
LT Debt/Equity	0.19	0.13	0.08	0.04	-
Long-Term Debt / Total Capital	0.19	0.13	0.08	0.04	-
Total Liabilities / Total Assets	1.25	1.2	0.73	0.65	0.79
EBIT / Interest Expense	-292.34	-121.29	-276.37	-81.3	-650.05
EBITDA / Interest Expense	-282.57	-104.83	-269.82	-76.55	-81.56
(EBITDA - Capex) / Interest Expense	-3.12K	-2.71K	-1.32K	-923.74	-1.64K
Total Debt / EBITDA	-0.09	-0.19	-0.03	-0.06	-0.03
Net Debt / EBITDA	7.43	0.86	0.63	3.24	19.8
Total Debt / (EBITDA - Capex)	-0.01	-0.01	-0.01	-0.01	-0
Net Debt / (EBITDA - Capex)	0.67	0.03	0.13	0.27	0.99
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	371.86	-63.12	344.67	-65	-8.87
EBITA, 1 Yr. Growth %	368.19	-59.85	308.41	-64.59	587
EBIT, 1 Yr. Growth %	356.74	-59.85	309.47	-64.41	582.65
Earnings From Cont. Operations, 1 Yr. Growth %	69.28	-63.62	285.71	-64.82	574.07
Net Income, 1 Yr. Growth %	69.28	-63.62	285.71	-64.82	574.07
Normalized Net Income, 1 Yr. Growth %	74.48	-64.7	285.71	-64.82	574.07
Diluted EPS Before Extra, 1 Yr. Growth %	33.72	-65.31	244.74	-69.01	485.11
Net Property, Plant and Equip., 1 Yr. Growth %	37.06	27.28	15.09	13.07	11.98
Total Assets, 1 Yr. Growth %	0.62	4	16.75	14.3	26.56
Tangible Book Value, 1 Yr. Growth %	0.44	4.05	17.3	14.39	26.39
Common Equity, 1 Yr. Growth %	0.44	4.05	17.3	14.39	26.39
Cash From Operations, 1 Yr. Growth %	-67.97	24.17	12.93	-12	3.39
Capital Expenditures, 1 Yr. Growth %	211.16	-11.19	-27.52	-2.51	56.61
Levered Free Cash Flow, 1 Yr. Growth %	159.51	-8.34	-27.98	0.73	32.87
Unlevered Free Cash Flow, 1 Yr. Growth %	159.54	-8.34	-28.01	0.74	32.91
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	230.99	31.91	28.06	24.66	-43.52
EBITA, 2 Yr. CAGR %	188.43	37.1	28.05	20.17	55.98
EBIT, 2 Yr. CAGR %	182.45	35.41	28.21	20.62	55.87
Earnings From Cont. Operations, 2 Yr. CAGR %	152.04	-21.52	18.46	16.48	53.99
Net Income, 2 Yr. CAGR %	152.04	-21.52	18.46	16.48	53.99
Normalized Net Income, 2 Yr. CAGR %	166.77	-21.52	16.68	16.48	53.99
Diluted EPS Before Extra, 2 Yr. CAGR %	94.17	-31.9	9.35	3.36	34.66
Net Property, Plant and Equip., 2 Yr. CAGR %	25.34	32.08	21.03	14.08	12.52
Total Assets, 2 Yr. CAGR %	37.11	2.29	10.19	15.52	20.28
Tangible Book Value, 2 Yr. CAGR %	38.67	2.23	10.48	15.83	20.24
Common Equity, 2 Yr. CAGR %	38.67	2.23	10.48	15.83	20.24
Cash From Operations, 2 Yr. CAGR %	1.55K	-36.93	18.42	-0.31	-4.62
Capital Expenditures, 2 Yr. CAGR %	1.77K	66.23	-19.77	-15.94	23.56
Levered Free Cash Flow, 2 Yr. CAGR %	2.17K	54.23	-18.75	-14.83	15.69
Unlevered Free Cash Flow, 2 Yr. CAGR %	2.04K	54.24	-18.77	-14.85	15.71
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	41.72	59.27	97.79	-16.94	12.3
EBITA, 3 Yr. CAGR %	41.65	49.48	97.27	-16.62	114.88
EBIT, 3 Yr. CAGR %	40.99	47.4	95.81	-16.41	114.96
Earnings From Cont. Operations, 3 Yr. CAGR %	42.61	32.21	33.43	-20.97	109.13
Net Income, 3 Yr. CAGR %	42.61	32.21	33.43	-20.97	109.13
Normalized Net Income, 3 Yr. CAGR %	44.05	35.94	33.43	-21.76	109.13
Diluted EPS Before Extra, 3 Yr. CAGR %	15.18	9.36	16.94	-28.17	84.21
Net Property, Plant and Equip., 3 Yr. CAGR %	16.61	25.99	26.15	18.32	13.37
Total Assets, 3 Yr. CAGR %	24.95	25.05	6.9	11.54	19.09
Tangible Book Value, 3 Yr. CAGR %	25.63	26.01	7.02	11.77	19.25
Common Equity, 3 Yr. CAGR %	25.63	26.01	7.02	11.77	19.25
Cash From Operations, 3 Yr. CAGR %	17.84	596.77	-23.42	7.26	0.91
Capital Expenditures, 3 Yr. CAGR %	492.64	576.21	26.05	-14.39	3.43
Levered Free Cash Flow, 3 Yr. CAGR %	383.68	679.59	19.65	-12.72	-1.22
Unlevered Free Cash Flow, 3 Yr. CAGR %	385.44	648.38	19.64	-12.73	-1.22
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	16.48	4.88	36.08	44.4	19.77
EBITA, 5 Yr. CAGR %	16.44	6.53	36.04	36.98	79.52
EBIT, 5 Yr. CAGR %	16.22	6.19	35.73	36.04	78.68
Earnings From Cont. Operations, 5 Yr. CAGR %	18.75	18.86	32.41	25.68	41.3
Net Income, 5 Yr. CAGR %	18.75	18.86	32.41	25.68	41.3
Normalized Net Income, 5 Yr. CAGR %	19.11	4.09	32.41	27.79	41.3
Diluted EPS Before Extra, 5 Yr. CAGR %	-1.84	0.53	12.81	6.92	23.73
Net Property, Plant and Equip., 5 Yr. CAGR %	12.09	15.81	18.36	21.08	20.51
Total Assets, 5 Yr. CAGR %	15.37	15.5	18.82	21.14	12.06
Tangible Book Value, 5 Yr. CAGR %	16.05	15.77	19.33	21.84	12.13
Common Equity, 5 Yr. CAGR %	16.05	15.77	19.33	21.84	12.13
Cash From Operations, 5 Yr. CAGR %	7.3	3.97	18.07	220.12	-16.39
Capital Expenditures, 5 Yr. CAGR %	122.41	130.94	166.33	193.69	25.05
Levered Free Cash Flow, 5 Yr. CAGR %	99.34	94.23	136.95	221.54	18.05
Unlevered Free Cash Flow, 5 Yr. CAGR %	99.47	94.33	137.45	213.73	18.05