Balance Sheet Orla Mining Ltd.

Equities

OLA

CA68634K1066

Gold

Delayed Toronto S.E. Other stock markets 12:43:03 2025-12-10 EST			5-day change	1st Jan Change
17.22 ^CAD	+1.00%		-7.56%	+116.46%

12-05	An undisclosed buyer acquired 7.35% stake in Orla Mining Ltd. from Fairfax Financial Holdings Limited for approximately CAD 440 million.	CI
12-05	Toronto Stocks Slip; Orla Mining Falls After Investor Reduces Stake	DJ

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Published financial data: ORLA MINING LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	-	4.09M	193M	234M	344M
Total Revenues	-	4.09M	193M	234M	344M
Cost of Goods Sold, Total	-	1.36M	50.42M	63.47M	85.6M
Gross Profit	-	2.73M	143M	170M	258M
Selling General & Admin Expenses, Total	4.19M	6.54M	10.61M	12.96M	16.5M
Exploration / Drilling Costs, Total	16.3M	15.11M	18.94M	34.62M	34.6M
Stock-Based Compensation (IS)	2.52M	2.33M	2.45M	3.22M	4.82M
Depreciation & Amortization - (IS)	106K	154K	15.23M	29.15M	41.09M
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	72.74M	-
Other Operating Expenses	-	223K	-	-	504K
Other Operating Expenses, Total	23.12M	24.36M	47.23M	153M	97.5M
Operating Income	-23.12M	-21.63M	95.59M	17.49M	161M
Interest Expense, Total	-4.16M	-1.41M	-8.89M	-11.84M	-5.9M
Interest And Investment Income	267K	343K	2.17M	5.39M	10.84M
Net Interest Expenses	-3.9M	-1.07M	-6.72M	-6.45M	4.95M
Currency Exchange Gains (Loss)	-1.6M	-3.13M	3.01M	-1.44M	8.25M
Other Non Operating Income (Expenses)	-117K	-673K	-260K	-451K	2.64M
EBT, Excl. Unusual Items	-28.73M	-26.5M	91.62M	9.14M	177M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	1.03M	220K	-13.22M	-1.55M	-400K
EBT, Incl. Unusual Items	-27.69M	-26.28M	78.4M	7.59M	176M
Income Tax Expense	-	-	32.63M	34.6M	87.28M
Earnings From Continuing Operations	-27.69M	-26.28M	45.77M	-27.01M	88.98M
Net Income to Company	-27.69M	-26.28M	45.77M	-27.01M	88.98M
Net Income - (IS)	-27.69M	-26.28M	45.77M	-27.01M	88.98M
Net Income to Common Incl Extra Items	-27.69M	-26.28M	45.77M	-27.01M	88.98M
Net Income to Common Excl. Extra Items	-27.69M	-26.28M	45.77M	-27.01M	88.98M
Per Share Items
Net EPS - Basic	-0.13	-0.11	0.17	-0.09	0.28
Basic EPS - Continuing Operations	-0.13	-0.11	0.17	-0.09	0.28
Basic Weighted Average Shares Outstanding	217M	241M	272M	311M	319M
Net EPS - Diluted	-0.13	-0.11	0.16	-0.09	0.27
Diluted EPS - Continuing Operations	-0.13	-0.11	0.16	-0.09	0.27
Diluted Weighted Average Shares Outstanding	217M	241M	293M	311M	334M
Normalized Basic EPS	-0.08	-0.07	0.21	0.02	0.35
Normalized Diluted EPS	-0.08	-0.07	0.2	0.02	0.33
Supplemental Items
EBITDA	-23.05M	-21.47M	110M	118M	201M
EBITA	-23.12M	-21.63M	95.59M	17.49M	161M
EBIT	-23.12M	-21.63M	95.59M	17.49M	161M
EBITDAR	-	-16.6M	126M	131M	220M
Effective Tax Rate - (Ratio)	-	-	41.62	455.68	49.52
Total Current Taxes	-	-	25.66M	23.96M	53.89M
Total Deferred Taxes	-	-	-2.4M	2.58M	15.72M
Normalized Net Income	-17.95M	-16.56M	57.26M	5.71M	110M
Interest Capitalized	672K	14.08M	-	-	-
Interest on Long-Term Debt	4.86M	15.5M	8.38M	11.3M	5.9M
Supplemental Operating Expense Items
General and Administrative Expenses	2.03M	3.61M	5.16M	6.27M	16.5M
Exploration/Drilling Costs	16.3M	15.11M	18.94M	34.62M	34.6M
Net Rental Expense, Total	-	4.86M	15.86M	13.22M	19.41M
Imputed Operating Lease Interest Expense	-	6.17M	7.24M	10.43M	19.61M
Imputed Operating Lease Depreciation	-	-1.31M	8.62M	2.8M	-193K
Stock-Based Compensation - Exploration Costs / Drilling Costs, Total	-	-	-	-	-
Stock-Based Comp., Other (Total)	2.52M	2.33M	398K	2.76M	4.82M
Total Stock-Based Compensation	2.52M	2.33M	398K	2.76M	4.82M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	72.18M	20.52M	96.28M	96.63M	161M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	72.18M	20.52M	96.28M	96.63M	161M
Accounts Receivable, Total	-	306K	365K	379K	229K
Other Receivables	204K	16.78M	8.66M	15.57M	8.48M
Total Receivables	204K	17.08M	9.02M	15.95M	8.71M
Inventory	-	9.66M	22.45M	29.45M	29.21M
Prepaid Expenses	716K	1.09M	2.82M	3.14M	3.33M
Restricted Cash	-	-	2.29M	-	-
Other Current Assets, Total	-	-	-	-	2.52M
Total Current Assets	73.1M	48.34M	133M	145M	205M
Gross Property Plant And Equipment	155M	305M	490M	436M	477M
Accumulated Depreciation	-455K	-1.05M	-22.47M	-54.33M	-92.41M
Net Property Plant And Equipment	155M	304M	467M	382M	385M
Deferred Tax Assets Long-Term	-	-	2.4M	-	-
Other Long-Term Assets, Total	11.37M	12.42M	11.39M	8.88M	9.15M
Total Assets	239M	365M	614M	536M	598M
Liabilities
Accounts Payable, Total	2.58M	5.97M	9.85M	9.79M	11.34M
Accrued Expenses, Total	3.92M	4.07M	7.44M	9.06M	8.96M
Current Portion of Long-Term Debt	-	10.29M	45M	-	-
Current Portion of Leases	131K	372K	846K	915K	833K
Current Income Taxes Payable	-	-	33.1M	8M	28.97M
Other Current Liabilities	1.09M	17.07M	1.54M	891K	1.46M
Total Current Liabilities	7.73M	37.77M	97.78M	28.66M	51.56M
Long-Term Debt	70.14M	113M	101M	88.35M	-
Long-Term Leases	142K	1.03M	2.33M	1.99M	1.35M
Unearned Revenue Non Current	-	-	7.5M	8.18M	8.66M
Deferred Tax Liability Non Current	-	-	-	193K	17.57M
Other Non Current Liabilities	610K	28.42M	8.43M	7.87M	11.76M
Total Liabilities	78.61M	180M	217M	135M	90.9M
Common Stock, Total	218M	269M	445M	474M	495M
Retained Earnings	-90.25M	-117M	-70.76M	-97.77M	-8.79M
Comprehensive Income and Other	32.88M	31.75M	22.43M	23.95M	21.4M
Total Common Equity	161M	184M	397M	401M	507M
Total Equity	161M	184M	397M	401M	507M
Total Liabilities And Equity	239M	365M	614M	536M	598M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	237M	248M	307M	315M	322M
ECS Total Common Shares Outstanding	229M	248M	306M	315M	322M
Book Value / Share	0.7	0.74	1.3	1.27	1.58
Tangible Book Value	161M	184M	397M	401M	507M
Tangible Book Value Per Share	0.7	0.74	1.3	1.27	1.58
Total Debt	70.41M	125M	149M	91.26M	2.18M
Net Debt	-1.77M	104M	52.69M	-5.37M	-159M
Debt Equivalent Oper. Leases	-	38.92M	127M	106M	155M
Account Code - Inventory Valuation	3	6	6	6	6
Inventories - Raw Materials, Total	-	3.14M	5.08M	4.9M	5.68M
Inventories - Work In Process, Total	-	6.51M	15.96M	20.51M	15.01M
Inventories - Finished Goods, Total	-	-	1.41M	4.04M	8.52M
Buildings, Total	-	66K	72.01M	71.22M	83.48M
Machinery, Total	827K	6.07M	52.34M	54.05M	56.94M
Full Time Employees	124	206	294	327	354

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-27.69M	-26.28M	45.77M	-27.01M	88.98M
Depreciation & Amortization - CF	106K	154K	15.23M	29.15M	41.09M
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	72.74M	-
Depreciation & Amortization, Total	106K	154K	15.23M	102M	41.09M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	2.52M	2.33M	2.45M	3.22M	4.82M
Other Operating Activities, Total	2.93M	5.7M	47.64M	-9.21M	37.93M
Change In Accounts Receivable	-702K	-604K	-47K	-294K	-504K
Change In Inventories	-	-10.85M	-9.18M	-5.64M	-1.4M
Change In Accounts Payable	2.3M	3.34M	3.38M	2.9M	1.59M
Change in Other Net Operating Assets	2.41M	1.47M	-9.94M	-574K	2.1M
Cash from Operations	-18.13M	-24.74M	95.31M	65.3M	175M
Capital Expenditure	-31.3M	-96.24M	-17.98M	-20.85M	-29.43M
Cash Acquisitions	-	-	-1.23M	-	-2.67M
Other Investing Activities, Total	-5.59M	-17.02M	5.85M	-20.87M	10.16M
Cash from Investing	-36.9M	-113M	-13.36M	-41.73M	-21.94M
Long-Term Debt Issued, Total	50M	50M	130M	-	-
Total Debt Issued	50M	50M	130M	-	-
Long-Term Debt Repaid, Total	-40K	-649K	-144M	-37.53M	-89.7M
Total Debt Repaid	-40K	-649K	-144M	-37.53M	-89.7M
Issuance of Common Stock	58.05M	49.2M	20.02M	26.19M	9.02M
Repurchase of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-7.42M	-12.6M	-10.94M	-11.8M	-5.89M
Cash from Financing	101M	85.95M	-5.38M	-23.13M	-86.56M
Foreign Exchange Rate Adjustments	3.51M	393K	-814K	-83K	-1.9M
Net Change in Cash	49.07M	-51.66M	75.76M	354K	64.22M
Supplemental Items
Cash Interest Paid	2.91M	11.31M	8.82M	11.8M	5.89M
Cash Income Tax Paid (Refund)	-	-	-	22.15M	42.7M
Levered Free Cash Flow	-41.26M	-116M	82.91M	51.18M	141M
Unlevered Free Cash Flow	-38.66M	-115M	88.46M	58.58M	145M
Change In Net Working Capital	-4.46M	7.4M	-31.07M	36.15M	-27.76M
Net Debt Issued / Repaid	49.96M	49.35M	-14.46M	-37.53M	-89.7M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-7.41	-4.47	12.21	1.9	17.72
Return on Total Capital	-7.63	-5	13.38	2.11	20.07
Return On Equity %	-19.38	-15.23	15.74	-6.77	19.6
Return on Common Equity	-19.38	-15.23	15.74	-6.77	19.6
Margin Analysis
Gross Profit Margin %	-	66.81	73.91	72.84	75.11
SG&A Margin	-	159.99	5.49	5.55	4.8
EBITDA Margin %	-	-524.71	56.95	50.62	58.33
EBITA Margin %	-	-528.62	49.47	7.48	46.76
EBIT Margin %	-	-528.62	49.47	7.48	46.76
Income From Continuing Operations Margin %	-	-642.34	23.69	-11.56	25.87
Net Income Margin %	-	-642.34	23.69	-11.56	25.87
Net Avail. For Common Margin %	-	-642.34	23.69	-11.56	25.87
Normalized Net Income Margin	-	-404.82	29.63	2.45	32.1
Levered Free Cash Flow Margin	-	-2.82K	42.91	21.91	41.02
Unlevered Free Cash Flow Margin	-	-2.8K	45.78	25.07	42.09
Asset Turnover
Asset Turnover	-	0.01	0.39	0.41	0.61
Fixed Assets Turnover	-	0.02	0.5	0.55	0.9
Receivables Turnover (Average Receivables)	-	-	575.95	628.07	1.13K
Inventory Turnover (Average Inventory)	-	-	3.14	2.45	2.92
Short Term Liquidity
Current Ratio	9.46	1.28	1.36	5.07	3.97
Quick Ratio	9.37	1	1.08	3.93	3.29
Operating Cash Flow to Current Liabilities	-2.35	-0.66	0.97	2.28	3.39
Days Sales Outstanding (Average Receivables)	-	-	0.63	0.58	0.32
Days Outstanding Inventory (Average Inventory)	-	-	116.21	149.23	125.42
Average Days Payable Outstanding	-	-	51.56	50.86	45.31
Cash Conversion Cycle (Average Days)	-	-	65.28	98.95	80.44
Long Term Solvency
Total Debt/Equity	43.85	67.76	37.52	22.78	0.43
Total Debt / Total Capital	30.48	40.39	27.29	18.56	0.43
LT Debt/Equity	43.76	61.97	25.98	22.56	0.27
Long-Term Debt / Total Capital	30.42	36.94	18.89	18.37	0.26
Total Liabilities / Total Assets	32.87	49.46	35.33	25.24	15.19
EBIT / Interest Expense	-5.55	-15.29	10.75	1.48	27.27
EBITDA / Interest Expense	-5.53	-14.93	12.47	10.08	34.23
(EBITDA - Capex) / Interest Expense	-13.05	-83	10.44	8.32	29.24
Total Debt / EBITDA	-3.06	-5.92	1.34	0.76	0.01
Net Debt / EBITDA	0.08	-4.95	0.48	-0.05	-0.79
Total Debt / (EBITDA - Capex)	-1.3	-1.06	1.6	0.93	0.01
Net Debt / (EBITDA - Capex)	0.03	-0.89	0.57	-0.05	-0.92
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	4.59K	20.91	47.2
Gross Profit, 1 Yr. Growth %	-	-	5.13K	19.16	51.8
EBITDA, 1 Yr. Growth %	12.02	-6.88	-618.06	7.46	71.06
EBITA, 1 Yr. Growth %	12.02	-6.46	-546.6	-81.71	874.9
EBIT, 1 Yr. Growth %	12.02	-6.46	-546.6	-81.71	874.9
Earnings From Cont. Operations, 1 Yr. Growth %	24.91	-5.11	-274.18	-159.01	-429.44
Net Income, 1 Yr. Growth %	24.91	-5.11	-274.18	-159.01	-429.44
Normalized Net Income, 1 Yr. Growth %	29.56	-7.76	-448.65	-90.02	2.23K
Diluted EPS Before Extra, 1 Yr. Growth %	5.06	-14.66	-245.45	-156.25	-400
Accounts Receivable, 1 Yr. Growth %	-	-	19.28	3.84	-39.58
Inventory, 1 Yr. Growth %	-	-	132.43	31.21	-0.81
Net Property, Plant and Equip., 1 Yr. Growth %	22.87	96.56	53.61	-18.29	0.75
Total Assets, 1 Yr. Growth %	58.38	52.55	68.22	-12.71	11.68
Tangible Book Value, 1 Yr. Growth %	28.3	14.84	115.26	0.9	26.69
Common Equity, 1 Yr. Growth %	28.3	14.84	115.26	0.9	26.69
Cash From Operations, 1 Yr. Growth %	-6.37	36.5	-485.22	-31.49	167.43
Capital Expenditures, 1 Yr. Growth %	209K	207.47	-81.32	16	41.11
Levered Free Cash Flow, 1 Yr. Growth %	268.85	180.08	-163.5	-38.27	172.4
Unlevered Free Cash Flow, 1 Yr. Growth %	272.13	196.65	-168.29	-33.78	147.75
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	652.69	33.41
Gross Profit, 2 Yr. CAGR %	-	-	-	689.1	34.49
EBITDA, 2 Yr. CAGR %	-0.54	2.13	118.5	135.95	35.02
EBITA, 2 Yr. CAGR %	-0.65	2.37	103.34	-9.61	29.71
EBIT, 2 Yr. CAGR %	-0.65	2.37	103.34	-9.61	29.71
Earnings From Cont. Operations, 2 Yr. CAGR %	8.61	8.87	28.56	1.38	39.43
Net Income, 2 Yr. CAGR %	8.61	8.87	28.56	1.38	39.43
Normalized Net Income, 2 Yr. CAGR %	11.56	9.32	78.59	-41.02	38.86
Diluted EPS Before Extra, 2 Yr. CAGR %	-2.01	-5.32	11.99	-9.55	29.9
Accounts Receivable, 2 Yr. CAGR %	-	-	-	11.29	-20.79
Inventory, 2 Yr. CAGR %	-	-	-	74.63	14.08
Net Property, Plant and Equip., 2 Yr. CAGR %	7.81	55.41	73.76	12.03	-9.27
Total Assets, 2 Yr. CAGR %	27.34	55.44	60.19	21.17	-1.27
Tangible Book Value, 2 Yr. CAGR %	7.38	21.39	57.23	47.37	13.06
Common Equity, 2 Yr. CAGR %	7.38	21.39	57.23	47.37	13.06
Cash From Operations, 2 Yr. CAGR %	-4.73	13.05	129.31	62.45	35.36
Capital Expenditures, 2 Yr. CAGR %	688.8	7.91K	-24.21	-53.45	27.94
Levered Free Cash Flow, 2 Yr. CAGR %	97.88	221.42	41.76	-37.39	30.44
Unlevered Free Cash Flow, 2 Yr. CAGR %	91.54	232.25	51.28	-32.75	27.92
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-	336.9
Gross Profit, 3 Yr. CAGR %	-	-	-	-	355.52
EBITDA, 3 Yr. CAGR %	18.29	-2.92	74.88	72.47	111.37
EBITA, 3 Yr. CAGR %	17.42	-2.85	66.69	-8.89	95.86
EBIT, 3 Yr. CAGR %	17.42	-2.85	66.69	-8.89	95.86
Earnings From Cont. Operations, 3 Yr. CAGR %	23.57	3.59	27.33	-0.83	50.16
Net Income, 3 Yr. CAGR %	23.57	3.59	27.33	-0.83	50.16
Normalized Net Income, 3 Yr. CAGR %	25.09	4.47	60.47	-31.73	88.73
Diluted EPS Before Extra, 3 Yr. CAGR %	3.16	-6.64	9.63	-10.98	34.89
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	-9.21
Inventory, 3 Yr. CAGR %	-	-	-	-	44.62
Net Property, Plant and Equip., 3 Yr. CAGR %	8.24	31.4	54.8	35.12	8.14
Total Assets, 3 Yr. CAGR %	23.26	34.93	59.59	30.84	17.92
Tangible Book Value, 3 Yr. CAGR %	8.43	9.56	46.93	35.62	40.13
Common Equity, 3 Yr. CAGR %	8.43	9.56	46.93	35.62	40.13
Cash From Operations, 3 Yr. CAGR %	15.24	7.16	70.12	53.3	91.82
Capital Expenditures, 3 Yr. CAGR %	92.74	474.89	962.23	-12.66	-32.63
Levered Free Cash Flow, 3 Yr. CAGR %	57.77	121.67	94.97	7.45	2.61
Unlevered Free Cash Flow, 3 Yr. CAGR %	54.38	121.1	104.21	14.86	3.77
Compound Annual Growth Rate Over Five Years
Gross Profit, 5 Yr. CAGR %	-	88.49	-	-	-
EBITDA, 5 Yr. CAGR %	189.57	71.64	53.03	39.38	57.69
EBITA, 5 Yr. CAGR %	167.55	71.87	48.04	-5	50.78
EBIT, 5 Yr. CAGR %	167.55	71.87	48.04	-5	50.78
Earnings From Cont. Operations, 5 Yr. CAGR %	162.43	63	27.07	3.58	32.04
Net Income, 5 Yr. CAGR %	162.43	63	27.07	3.58	32.04
Normalized Net Income, 5 Yr. CAGR %	171.04	77.17	45.99	-16.31	51.45
Diluted EPS Before Extra, 5 Yr. CAGR %	54.08	8.05	7.9	-6.83	17.33
Net Property, Plant and Equip., 5 Yr. CAGR %	219.41	27.97	32.39	24.34	25.02
Total Assets, 5 Yr. CAGR %	212.41	27.13	38.55	30.36	31.7
Tangible Book Value, 5 Yr. CAGR %	199.89	11.35	27.34	24.41	32.31
Common Equity, 5 Yr. CAGR %	199.89	11.35	27.34	24.41	32.31
Cash From Operations, 5 Yr. CAGR %	159.45	66.1	53.59	27.65	55.25
Capital Expenditures, 5 Yr. CAGR %	605.57	220.29	34.3	112.14	355.55
Levered Free Cash Flow, 5 Yr. CAGR %	283.32	172.92	52.99	38.16	66.02
Unlevered Free Cash Flow, 5 Yr. CAGR %	278.36	172.47	54.99	41.94	69.36