Cash flow Meridian Mining Plc

Equities

MNO

GB00BVPND783

Diversified Mining

Market Closed - Toronto S.E. Other stock markets 16:00:00 2026-02-13 EST			5-day change	1st Jan Change
1.690 ^CAD	+3.68%		-0.59%	+11.18%

02-12	Meridian Mining Closes C$57.5 Million Bought-Deal Share Financing	MT
02-04	Meridian Mining announces upsize of bought deal financing to $50 mln	RE

0a6fcc35cb907d742fbb2a435a1.WmjgV7l-hUgTKA211vjycgpRuE6WenS-8HtVpsFfxcs.AAWMHvob6zxqTkHml7uGOksB3n39IB38xiwzkrYXtIErPtMf8yzAPHBEPQ

Published financial data: MERIDIAN MINING PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	241K	-	-	-	-
Total Revenues	241K	-	-	-	-
Cost of Goods Sold, Total	647K	346K	96.04K	62.45K	73.92K
Gross Profit	-406K	-346K	-96.04K	-62.45K	-73.92K
Selling General & Admin Expenses, Total	1.81M	2.48M	3.53M	3.64M	3.7M
Exploration / Drilling Costs, Total	444K	3.53M	5.16M	6.63M	8.72M
Stock-Based Compensation (IS)	49.27K	3.03M	242K	1.89M	119K
Depreciation & Amortization - (IS)	79.23K	48.02K	133K	175K	195K
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	109K	-	-
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	2.38M	9.09M	9.17M	12.33M	12.74M
Operating Income	-2.79M	-9.43M	-9.27M	-12.39M	-12.81M
Interest Expense, Total	-473K	-	-73.74K	-58.43K	-38.61K
Interest And Investment Income	9.67K	582K	59.52K	195K	388K
Net Interest Expenses	-464K	582K	-14.22K	136K	350K
Currency Exchange Gains (Loss)	-557K	-186K	-298K	231K	-796K
Other Non Operating Income (Expenses)	-3.72M	-28.56M	10.45M	-	-
EBT, Excl. Unusual Items	-7.53M	-37.6M	866K	-12.03M	-13.26M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	223K	18.55K	75.31K	23.94K	-
Asset Writedown	-	-	-	16.12K	-4.98M
Other Unusual Items	-245K	-	-	-	-
EBT, Incl. Unusual Items	-7.56M	-37.58M	941K	-11.99M	-18.23M
Income Tax Expense	-23K	-	141K	-	-
Earnings From Continuing Operations	-7.53M	-37.58M	800K	-11.99M	-18.23M
Net Income to Company	-7.53M	-37.58M	800K	-11.99M	-18.23M
Minority Interest	-	-	-	-	-
Net Income - (IS)	-7.53M	-37.58M	800K	-11.99M	-18.23M
Net Income to Common Incl Extra Items	-7.53M	-37.58M	800K	-11.99M	-18.23M
Net Income to Common Excl. Extra Items	-7.53M	-37.58M	800K	-11.99M	-18.23M
Per Share Items
Net EPS - Basic	-0.07	-0.3	0	-0.05	-0.06
Basic EPS - Continuing Operations	-0.07	-0.3	0	-0.05	-0.06
Basic Weighted Average Shares Outstanding	104M	126M	173M	229M	286M
Net EPS - Diluted	-0.07	-0.3	-0.05	-0.05	-0.06
Diluted EPS - Continuing Operations	-0.07	-0.3	-0.05	-0.05	-0.06
Diluted Weighted Average Shares Outstanding	104M	126M	192M	229M	286M
Normalized Basic EPS	-0.05	-0.19	0	-0.03	-0.03
Normalized Diluted EPS	-0.05	-0.19	0	-0.03	-0.03
Supplemental Items
EBITDA	-2.71M	-9.38M	-9.03M	-12.22M	-12.62M
EBITA	-2.79M	-9.43M	-9.27M	-12.39M	-12.81M
EBIT	-2.79M	-9.43M	-9.27M	-12.39M	-12.81M
EBITDAR	-2.69M	-9.37M	-8.95M	-12.14M	-12.54M
Effective Tax Rate - (Ratio)	0.3	-	15.01	-	-
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-	-	-	-	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-4.71M	-23.5M	541K	-7.52M	-8.29M
Interest on Long-Term Debt	608K	-	59.52K	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	1.79M	2.46M	3.46M	3.57M	3.62M
Exploration/Drilling Costs	444K	3.53M	5.16M	6.63M	8.72M
Net Rental Expense, Total	20.3K	17.66K	72.62K	74.02K	80.11K
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	393K	346K	96.04K	62.45K	73.92K
Stock-Based Comp., Other (Total)	49.27K	3.03M	242K	1.89M	119K
Total Stock-Based Compensation	49.27K	3.03M	242K	1.89M	119K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.52M	9.06M	6.17M	7.1M	7.71M
Total Cash And Short Term Investments	4.52M	9.06M	6.17M	7.1M	7.71M
Accounts Receivable, Total	-	-	-	-	-
Other Receivables	43.33K	41.75K	-	-	-
Total Receivables	43.33K	41.75K	-	-	-
Inventory	11.01K	-	-	-	-
Prepaid Expenses	140K	280K	216K	386K	383K
Total Current Assets	4.71M	9.38M	6.39M	7.48M	8.09M
Gross Property Plant And Equipment	6.53M	7.13M	9.2M	10.52M	3.56M
Accumulated Depreciation	-300K	-326K	-339K	-550K	-454K
Net Property Plant And Equipment	6.23M	6.81M	8.86M	9.97M	3.1M
Goodwill	-	-	-	-	-
Other Intangibles, Total	-	-	-	-	37.17K
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	10.94M	16.19M	15.25M	17.45M	11.23M
Liabilities
Accounts Payable, Total	458K	613K	856K	871K	972K
Accrued Expenses, Total	52.4K	211K	249K	320K	290K
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Income Taxes Payable	415K	73.71K	193K	58.41K	8.24K
Other Current Liabilities	423K	1.27M	2.21M	1.15M	772K
Total Current Liabilities	1.35M	2.17M	3.51M	2.4M	2.04M
Long-Term Debt	-	-	-	-	-
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	6.37M	17.74M	119K	29.88K	-
Total Liabilities	7.71M	19.9M	3.63M	2.43M	2.04M
Common Stock, Total	1.18M	1.81M	2.3M	2.74M	3.41M
Additional Paid In Capital	12.02M	39.55M	53.99M	66.37M	79.63M
Retained Earnings	-76.41M	-114M	-113M	-125M	-143M
Comprehensive Income and Other	66.43M	68.91M	68.53M	71.09M	69.56M
Total Common Equity	3.22M	-3.72M	11.62M	15.02M	9.19M
Minority Interest	-	-	-	-	-
Total Equity	3.22M	-3.72M	11.62M	15.02M	9.19M
Total Liabilities And Equity	10.94M	16.19M	15.25M	17.45M	11.23M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	112M	159M	203M	243M	351M
ECS Total Common Shares Outstanding	104M	157M	203M	243M	305M
Book Value / Share	0.03	-0.02	0.06	0.06	0.03
Tangible Book Value	3.22M	-3.72M	11.62M	15.02M	9.15M
Tangible Book Value Per Share	0.03	-0.02	0.06	0.06	0.03
Total Debt	0	0	0	0	0
Net Debt	-4.52M	-9.06M	-6.17M	-7.1M	-7.71M
Debt Equivalent Oper. Leases	162K	141K	581K	592K	641K
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	11.01K	-	-	-	-
Land - (BS)	72.67K	67.75K	71.4K	77.79K	61.03K
Machinery, Total	448K	1.01M	1.11M	1.42M	1.05M
Full Time Employees	-	52	68	73	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-7.53M	-37.58M	800K	-11.99M	-18.23M
Depreciation & Amortization - CF	79.23K	48.02K	133K	175K	195K
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	109K	-	-
Depreciation & Amortization, Total	79.23K	48.02K	242K	175K	195K
(Gain) Loss From Sale Of Asset	-223K	-18.55K	-75.31K	-23.94K	-
Asset Writedown & Restructuring Costs	-	-	-	-16.12K	4.98M
Stock-Based Compensation (CF)	49.27K	3.03M	242K	1.89M	119K
Other Operating Activities, Total	5.13M	27.91M	-10.24M	-281K	770K
Change In Accounts Receivable	718K	-	-	-	-
Change In Inventories	206K	10.25K	-	-	-
Change In Accounts Payable	-468K	307K	123K	-58.98K	94.77K
Change In Deferred Taxes	-	-	-	-	-
Change in Other Net Operating Assets	-157K	-197K	-143K	-295K	-41.56K
Cash from Operations	-2.2M	-6.49M	-9.05M	-10.6M	-12.12M
Capital Expenditure	-25K	-960K	-249K	-1.27M	-704K
Sale of Property, Plant, and Equipment	278K	18.55K	75.31K	10.3K	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	253K	-942K	-174K	-1.26M	-704K
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Issuance of Common Stock	5.81M	12.39M	7.15M	13.62M	15.16M
Other Financing Activities, Total	-	-397K	-541K	-916K	-1.09M
Cash from Financing	5.81M	12M	6.61M	12.71M	14.06M
Foreign Exchange Rate Adjustments	117K	-16.35K	-267K	76.49K	-624K
Net Change in Cash	3.99M	4.54M	-2.88M	921K	615K
Supplemental Items
Cash Interest Paid	-	-	-	24.4K	31.01K
Cash Income Tax Paid (Refund)	-	151K	217K	166K	47.11K
Levered Free Cash Flow	-2.68M	-3.09M	-4.15M	-8.27M	-8.78M
Unlevered Free Cash Flow	-2.39M	-3.09M	-4.11M	-8.24M	-8.76M
Change In Net Working Capital	747K	-690K	-1.45M	1.28M	357K
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-16.6	-43.47	-36.85	-47.37	-55.83
Return on Total Capital	-35.07	2.4K	-146.51	-58.15	-66.15
Return On Equity %	101.48	15.29K	20.24	-89.98	-150.65
Return on Common Equity	101.48	15.29K	20.24	-89.98	-150.65
Margin Analysis
Gross Profit Margin %	-168.25	-	-	-	-
SG&A Margin	751.55	-	-	-	-
EBITDA Margin %	-1.12K	-	-	-	-
EBITA Margin %	-1.16K	-	-	-	-
EBIT Margin %	-1.16K	-	-	-	-
Income From Continuing Operations Margin %	-3.13K	-	-	-	-
Net Income Margin %	-3.13K	-	-	-	-
Net Avail. For Common Margin %	-3.13K	-	-	-	-
Normalized Net Income Margin	-1.95K	-	-	-	-
Levered Free Cash Flow Margin	-1.11K	-	-	-	-
Unlevered Free Cash Flow Margin	-990.13	-	-	-	-
Asset Turnover
Asset Turnover	0.02	-	-	-	-
Fixed Assets Turnover	0.03	-	-	-	-
Receivables Turnover (Average Receivables)	-	-	-	-	-
Inventory Turnover (Average Inventory)	4.96	-	-	-	-
Short Term Liquidity
Current Ratio	3.49	4.33	1.82	3.11	3.96
Quick Ratio	3.38	4.2	1.76	2.95	3.78
Operating Cash Flow to Current Liabilities	-1.63	-3	-2.58	-4.41	-5.93
Days Sales Outstanding (Average Receivables)	-	-	-	-	-
Days Outstanding Inventory (Average Inventory)	73.85	-	-	-	-
Average Days Payable Outstanding	518.61	-	2.79K	5.05K	4.58K
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	-	-	-	-	-
Total Debt / Total Capital	-	-	-	-	-
LT Debt/Equity	-	-	-	-	-
Long-Term Debt / Total Capital	-	-	-	-	-
Total Liabilities / Total Assets	70.53	122.96	23.8	13.94	18.18
EBIT / Interest Expense	-5.89	-	-125.7	-212.1	-331.86
EBITDA / Interest Expense	-5.73	-	-122.42	-209.11	-326.82
(EBITDA - Capex) / Interest Expense	-5.78	-	-125.8	-230.91	-345.06
Total Debt / EBITDA	-	-	-	-	-
Net Debt / EBITDA	1.67	0.97	0.68	0.58	0.61
Total Debt / (EBITDA - Capex)	-	-	-	-	-
Net Debt / (EBITDA - Capex)	1.65	0.88	0.67	0.53	0.58
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-96.15	-	-	-	-
Gross Profit, 1 Yr. Growth %	-67.07	-14.68	-72.24	-34.98	18.37
EBITDA, 1 Yr. Growth %	-52.54	246.31	-3.81	35.35	3.27
EBITA, 1 Yr. Growth %	-57.9	238.2	-1.74	33.71	3.38
EBIT, 1 Yr. Growth %	-57.9	238.2	-1.74	33.71	3.38
Earnings From Cont. Operations, 1 Yr. Growth %	-57.69	398.95	-102.13	-1.6K	52.14
Net Income, 1 Yr. Growth %	-57.69	398.95	-102.13	-1.6K	52.14
Normalized Net Income, 1 Yr. Growth %	-14.82	399.11	-102.3	-1.49K	10.25
Diluted EPS Before Extra, 1 Yr. Growth %	-33.22	313.38	-83.26	4.26	21.9
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	-
Inventory, 1 Yr. Growth %	-95.59	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-23.62	9.25	30.23	12.5	-68.78
Total Assets, 1 Yr. Growth %	8.74	47.97	-5.77	14.41	-35.64
Tangible Book Value, 1 Yr. Growth %	-117.84	-215.25	-412.82	29.21	-38.92
Common Equity, 1 Yr. Growth %	-117.84	-215.25	-412.82	29.21	-38.81
Cash From Operations, 1 Yr. Growth %	-53.41	195.52	39.42	17.07	14.36
Capital Expenditures, 1 Yr. Growth %	-87.66	3.74K	-74.07	411.66	-44.72
Levered Free Cash Flow, 1 Yr. Growth %	-20.96	15.19	34.45	99.17	6.11
Unlevered Free Cash Flow, 1 Yr. Growth %	26.44	29.47	32.96	100.51	6.29
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-84.65	-	-	-	-
Gross Profit, 2 Yr. CAGR %	-35.66	-47	-51.33	-57.51	-12.27
EBITDA, 2 Yr. CAGR %	-22.35	28.21	82.51	14.1	18.23
EBITA, 2 Yr. CAGR %	-29.74	19.33	82.3	14.63	17.57
EBIT, 2 Yr. CAGR %	-29.74	19.33	82.3	14.63	17.57
Earnings From Cont. Operations, 2 Yr. CAGR %	-17.59	45.29	-67.41	-43.53	377.39
Net Income, 2 Yr. CAGR %	-17.59	45.29	-67.41	-43.53	377.39
Normalized Net Income, 2 Yr. CAGR %	15.08	106.19	-66.09	-43.45	291.25
Diluted EPS Before Extra, 2 Yr. CAGR %	3.54	66.15	-16.81	-58.22	12.73
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-
Inventory, 2 Yr. CAGR %	-70.1	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-40.04	-8.65	19.28	21.04	-40.84
Total Assets, 2 Yr. CAGR %	-27.57	26.85	18.08	3.83	-14.19
Tangible Book Value, 2 Yr. CAGR %	176.49	-54.65	89.88	101.05	-11.26
Common Equity, 2 Yr. CAGR %	151.27	-54.65	89.88	101.05	-11.08
Cash From Operations, 2 Yr. CAGR %	-30.9	17.34	102.98	27.76	15.71
Capital Expenditures, 2 Yr. CAGR %	-60.51	117.67	215.59	15.19	68.18
Levered Free Cash Flow, 2 Yr. CAGR %	-11.61	-4.58	24.45	63.64	45.38
Unlevered Free Cash Flow, 2 Yr. CAGR %	-2.42	27.94	31.2	63.28	45.99
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-71.54	-	-	-	-
Gross Profit, 3 Yr. CAGR %	-27.56	-29.32	-57.28	-46.4	-40.22
EBITDA, 3 Yr. CAGR %	-37.66	27.82	16.5	65.2	10.37
EBITA, 3 Yr. CAGR %	-38.69	18.63	11.85	64.4	10.75
EBIT, 3 Yr. CAGR %	-38.69	18.63	11.85	64.4	10.75
Earnings From Cont. Operations, 3 Yr. CAGR %	-19.78	50.2	-64.45	16.75	-21.42
Net Income, 3 Yr. CAGR %	-19.78	50.2	-64.45	16.75	-21.42
Normalized Net Income, 3 Yr. CAGR %	-19.77	87.67	-53.91	16.87	-29.35
Diluted EPS Before Extra, 3 Yr. CAGR %	-7.5	64.25	-22.69	-10.31	-40.3
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	-
Inventory, 3 Yr. CAGR %	-77.35	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-39.15	-26.77	2.81	16.97	-23.04
Total Assets, 3 Yr. CAGR %	-31.3	-8.09	14.88	16.85	-11.47
Tangible Book Value, 3 Yr. CAGR %	-38.33	106.54	-13.68	67.01	35.05
Common Equity, 3 Yr. CAGR %	-39.89	93.78	-13.68	67.01	35.23
Cash From Operations, 3 Yr. CAGR %	-32.54	12.16	24.28	68.96	23.13
Capital Expenditures, 3 Yr. CAGR %	-79.08	81.62	7.1	270.75	-9.82
Levered Free Cash Flow, 3 Yr. CAGR %	-20.92	-3.45	6.98	45.57	41.64
Unlevered Free Cash Flow, 3 Yr. CAGR %	-20.67	7.22	29.59	51.13	41.51
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-6.24	-	-	-	-
Gross Profit, 5 Yr. CAGR %	-20.21	-22.1	-38.22	-42.34	-43.03
EBITDA, 5 Yr. CAGR %	-24.09	-2.73	-4.2	22.14	17.19
EBITA, 5 Yr. CAGR %	-24.4	-4.13	-5.2	17.01	14.1
EBIT, 5 Yr. CAGR %	-24.4	-4.13	-5.2	17.01	14.1
Earnings From Cont. Operations, 5 Yr. CAGR %	-4.88	28.35	-44.05	1.56	0.48
Net Income, 5 Yr. CAGR %	-0.67	32.12	-44.05	1.56	0.48
Normalized Net Income, 5 Yr. CAGR %	-2.4	31.61	-43.15	16.15	8.43
Diluted EPS Before Extra, 5 Yr. CAGR %	-2.91	32.02	-11.35	-5.01	-10.1
Inventory, 5 Yr. CAGR %	-62.47	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-20.93	-22.67	-20.35	-10.47	-17.58
Total Assets, 5 Yr. CAGR %	-16.95	-15.51	-14.68	-3.5	2.23
Tangible Book Value, 5 Yr. CAGR %	-28.09	-31.62	-3.3	104.33	-12.72
Common Equity, 5 Yr. CAGR %	-28.85	-32.23	-4.77	96.66	-12.65
Cash From Operations, 5 Yr. CAGR %	-28.9	-12.35	4.81	18.16	20.78
Capital Expenditures, 5 Yr. CAGR %	-48.57	4.94	-38.06	51.38	28.29
Levered Free Cash Flow, 5 Yr. CAGR %	-	-19.65	-5.19	19.23	20.94
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-19.42	-2.98	26.87	35.92