Cash flow Discovery Mining Ltd. Toronto S.E.

Stocks

DSV

CA25466C1077

Diversified Mining

Delayed Toronto S.E. Other stock markets			5-day change	1st Jan Change
- ^CAD	-.--%		+18.26%	+8.95%

21/07	TSX gains on mining strength; US tariffs in focus	RE
21/07	Discovery Mining Says Drilling at Pamour Mine in Ontario Identifies Mineralization System	MT

7018f9eb112469b13.8BnG_hPqgVFS93Bdmw4pfN3kO5TP8uljB8DJSvbgmzY.skbwmXLe6AcVhwQp9WpsFOSgDuCVytEqarGGG7CTyFqAUJa1ZLrXY2KxJQ

Published financial data: DISCOVERY MINING LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025 (USD)
Revenues	-	-	-	-	65Cr
Total Revenues	-	-	-	-	65Cr
Cost of Goods Sold, Total	-	-	-	-	23Cr
Gross Profit	-	-	-	-	43Cr
Selling General & Admin Expenses, Total	44.58L	65.21L	1.02Cr	1.45Cr	4.95Cr
Exploration / Drilling Costs, Total	2.45Cr	2.95Cr	35.63L	5L	71.67L
Stock-Based Compensation (IS)	67.87L	92.05L	56.73L	44.46L	49.79L
Depreciation & Amortization - (IS)	-	-	-	-	10Cr
Impairment of Oil, Gas & Mineral Properties - (IS)	-	11.24L	-	-	-
Other Operating Expenses	16.97L	-13.47L	14.75L	-	2.69Cr
Other Operating Expenses, Total	3.74Cr	4.5Cr	2.09Cr	1.94Cr	19Cr
Operating Income	-3.74Cr	-4.5Cr	-2.09Cr	-1.94Cr	23Cr
Interest Expense, Total	-3.19T	-3.05T	-19.03T	-1L	-2.15Cr
Interest And Investment Income	8L	12.43L	30.95L	22.01L	72.57L
Net Interest Expenses	8L	12.4L	30.76L	20.81L	-1.43Cr
Currency Exchange Gains (Loss)	2L	33.05L	23.99L	-35.74L	-11.24L
Other Non Operating Income (Expenses)	99.6T	-	-	-	-
EBT, Excl. Unusual Items	-3.63Cr	-4.05Cr	-1.54Cr	-2.09Cr	22Cr
Merger & Related Restructuring Charges	-	-	-	-	-2.07Cr
Gain (Loss) On Sale Of Investments	-4L	-6L	-3L	8.54T	1L
Gain (Loss) On Sale Of Assets	12.24L	-	-	-	-
Asset Writedown	-	-	-	-	-21.4L
Other Unusual Items	-	-	-	-	-4.73Cr
EBT, Incl. Unusual Items	-3.55Cr	-4.11Cr	-1.58Cr	-2.09Cr	15Cr
Income Tax Expense	-	-	-	-	4.27Cr
Earnings From Continuing Operations	-3.55Cr	-4.11Cr	-1.58Cr	-2.09Cr	11Cr
Net Income to Company	-3.55Cr	-4.11Cr	-1.58Cr	-2.09Cr	11Cr
Net Income - (IS)	-3.55Cr	-4.11Cr	-1.58Cr	-2.09Cr	11Cr
Net Income to Common Incl Extra Items	-3.55Cr	-4.11Cr	-1.58Cr	-2.09Cr	11Cr
Net Income to Common Excl. Extra Items	-3.55Cr	-4.11Cr	-1.58Cr	-2.09Cr	11Cr
Per Share Items
Net EPS - Basic	-0.11	-0.12	-0.04	-0.05	0.16
Basic EPS - Continuing Operations	-0.11	-0.12	-0.04	-0.05	0.16
Basic Weighted Average Shares Outstanding	32Cr	34Cr	38Cr	40Cr	69Cr
Net EPS - Diluted	-0.11	-0.12	-0.04	-0.05	0.15
Diluted EPS - Continuing Operations	-0.11	-0.12	-0.04	-0.05	0.15
Diluted Weighted Average Shares Outstanding	32Cr	34Cr	38Cr	40Cr	71Cr
Normalized Basic EPS	-0.07	-0.07	-0.03	-0.03	0.2
Normalized Diluted EPS	-0.07	-0.07	-0.03	-0.03	0.19
Supplemental Items
EBITDA	-3.73Cr	-4.37Cr	-2.07Cr	-1.92Cr	35Cr
EBITA	-3.74Cr	-4.5Cr	-2.09Cr	-1.94Cr	25Cr
EBIT	-3.74Cr	-4.5Cr	-2.09Cr	-1.94Cr	23Cr
EBITDAR	-3.72Cr	-4.36Cr	-2.05Cr	-1.9Cr	-
Effective Tax Rate - (Ratio)	-	-	-	-	28.57
Total Current Taxes	-	-	-	-	8.51Cr
Total Deferred Taxes	-	-	-	-	-4.24Cr
Normalized Net Income	-2.27Cr	-2.53Cr	-96.48L	-1.31Cr	14Cr
Interest on Long-Term Debt	3.19T	3.05T	19.03T	1L	-
Supplemental Operating Expense Items
Marketing Expenses	2.16T	-	-	25.81L	2.21Cr
Selling and Marketing Expenses	2.16T	-	-	25.81L	2.21Cr
General and Administrative Expenses	44L	64.46L	1.01Cr	1.17Cr	2.73Cr
Exploration/Drilling Costs	2.45Cr	2.95Cr	35.63L	5L	71.67L
Net Rental Expense, Total	56.46T	74.4T	1L	2L	-
Imputed Operating Lease Interest Expense	22.36T	6.15T	46.62T	2L	-
Imputed Operating Lease Depreciation	34.09T	68.25T	1L	-5.82T	-
Stock-Based Comp., Other (Total)	67.87L	92.05L	56.73L	44.46L	49.79L
Total Stock-Based Compensation	67.87L	92.05L	56.73L	44.46L	49.79L

Fiscal Period: December	2021	2022	2023	2024	2025 (USD)
Assets
Cash And Equivalents	5.47Cr	4.62Cr	5.89Cr	2.93Cr	41Cr
Short Term Investments	1.61Cr	5L	2L	3L	-
Total Cash And Short Term Investments	7.09Cr	4.67Cr	5.91Cr	2.96Cr	41Cr
Accounts Receivable, Total	-	-	-	-	5.42Cr
Other Receivables	2L	80.46L	24.19L	32.01L	-
Total Receivables	2L	80.46L	24.19L	32.01L	5.42Cr
Inventory	-	-	-	-	6.12Cr
Prepaid Expenses	1L	1L	2L	2L	-
Other Current Assets, Total	1L	1L	1L	-	8L
Total Current Assets	7.13Cr	5.5Cr	6.19Cr	3.3Cr	53Cr
Gross Property Plant And Equipment	3.41Cr	3.53Cr	8.32Cr	8.93Cr	128.44Cr
Accumulated Depreciation	-5L	-8L	-12.9L	-16.06L	-10Cr
Net Property Plant And Equipment	3.36Cr	3.45Cr	8.19Cr	8.77Cr	117.99Cr
Other Long-Term Assets, Total	28.8L	20.3L	23L	21.54L	8.92Cr
Total Assets	11Cr	9.16Cr	15Cr	12Cr	179.59Cr
Liabilities
Accounts Payable, Total	6L	6L	27.5L	19.37L	5.14Cr
Accrued Expenses, Total	11.09L	13.02L	93.06L	64.23L	8.4Cr
Current Portion of Leases	41.09T	89.41T	1L	2L	31.65L
Current Income Taxes Payable	-	-	-	-	8.51Cr
Unearned Revenue Current, Total	-	-	-	-	2.53Cr
Other Current Liabilities	-	-	-	-	3.57Cr
Total Current Liabilities	17.05L	19.65L	1.22Cr	86.07L	28Cr
Long-Term Leases	-	5L	3L	12.18L	34.29L
Unearned Revenue Non Current	-	-	-	-	27Cr
Pension & Other Post Retirement Benefits	-	-	-	-	33.62L
Deferred Tax Liability Non Current	-	-	-	-	4.03Cr
Other Non Current Liabilities	-	-	41.78L	10.69L	56Cr
Total Liabilities	17.05L	24.25L	1.66Cr	1.09Cr	116.84Cr
Common Stock, Total	15Cr	17Cr	22Cr	22Cr	60Cr
Additional Paid In Capital	2.41Cr	3.75Cr	4.27Cr	4.48Cr	3.3Cr
Retained Earnings	-9.15Cr	-13Cr	-15Cr	-17Cr	-2.05Cr
Comprehensive Income and Other	2.3Cr	1.76Cr	1.89Cr	1.62Cr	1.92Cr
Total Common Equity	11Cr	8.92Cr	13Cr	11Cr	63Cr
Total Equity	11Cr	8.92Cr	13Cr	11Cr	63Cr
Total Liabilities And Equity	11Cr	9.16Cr	15Cr	12Cr	179.59Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	33Cr	35Cr	40Cr	40Cr	81Cr
ECS Total Common Shares Outstanding	33Cr	35Cr	40Cr	40Cr	81Cr
Book Value / Share	0.32	0.25	0.33	0.28	0.78
Tangible Book Value	11Cr	8.92Cr	13Cr	11Cr	63Cr
Tangible Book Value Per Share	0.32	0.25	0.33	0.28	0.78
Total Debt	41.09T	5L	4L	14.65L	65.94L
Net Debt	-7.08Cr	-4.62Cr	-5.87Cr	-2.82Cr	-40Cr
Debt Equivalent Oper. Leases	5L	6L	11.76L	17.71L	-
Account Code - Inventory Valuation	-	-	3	3	3
Inventories - Raw Materials, Total	-	-	-	-	5.31Cr
Inventories - Work In Process, Total	-	-	-	-	76.17L
Inventories - Finished Goods, Total	-	-	-	-	5L
Buildings, Total	-	-	-	-	-
Machinery, Total	14.54L	24.44L	28.01L	43.81L	48Cr
Full Time Employees	61	67	68	35	968

Fiscal Period: December	2021	2022	2023	2024	2025 (USD)
Net Income	-3.55Cr	-4.11Cr	-1.58Cr	-2.09Cr	11Cr
Depreciation & Amortization - CF	2L	3L	4L	4L	10Cr
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	1.65Cr
Impairment of Oil, Gas & Mineral Properties - (CF)	-	11.24L	-	-	-
Depreciation & Amortization, Total	2L	14.14L	4L	4L	12Cr
(Gain) Loss From Sale Of Asset	-12.24L	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	4L	6L	3L	-8.54T	-
Stock-Based Compensation (CF)	67.87L	92.05L	56.73L	44.46L	49.79L
Other Operating Activities, Total	9L	-46.11L	20.95L	46.7L	11Cr
Change In Accounts Receivable	-	-	-	-	-4.45Cr
Change In Inventories	-	-	-	-	3.44Cr
Change In Accounts Payable	7L	2L	11.9L	-88.06L	5.12Cr
Change in Other Net Operating Assets	-38.08L	-48.51L	45.88L	-5L	-
Cash from Operations	-3.14Cr	-3.91Cr	-15.26L	-2.08Cr	38Cr
Capital Expenditure	-58.86L	-4L	-3.38Cr	-98.31L	-21Cr
Sale of Property, Plant, and Equipment	-	-	90.48T	7.02T	-
Cash Acquisitions	-	-	-	-	-20Cr
Investment in Marketable and Equity Securities, Total	-	1.5Cr	-	-	-
Other Investing Activities, Total	-	-	-	-	-5.16Cr
Cash from Investing	-58.86L	1.46Cr	-3.38Cr	-98.24L	-46Cr
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-46.78T	-49.19T	-1L	-7L	-21.88L
Total Debt Repaid	-46.78T	-49.19T	-1L	-7L	-21.88L
Issuance of Common Stock	2.43Cr	1.45Cr	4.9Cr	17.12L	18Cr
Other Financing Activities, Total	-	-	-	-	29Cr
Cash from Financing	2.42Cr	1.45Cr	4.89Cr	10.29L	47Cr
Foreign Exchange Rate Adjustments	3L	15.12L	-8L	-86.01T	29.02L
Miscellaneous Cash Flow Adjustments	1	-	-	-	-
Net Change in Cash	-1.28Cr	-85.28L	1.27Cr	-2.96Cr	39Cr
Supplemental Items
Cash Interest Paid	3.19T	3.05T	822	-	6L
Levered Free Cash Flow	-2.15Cr	-2.56Cr	-2.51Cr	-2.17Cr	21Cr
Unlevered Free Cash Flow	-2.15Cr	-2.56Cr	-2.51Cr	-2.16Cr	23Cr
Change In Net Working Capital	-8L	76.67L	-1.58Cr	44.83L	-16Cr
Net Debt Issued / Repaid	-46.78T	-49.19T	-1L	-7L	-21.88L

Fiscal Period: December	2021	2022	2023	2024	2025 (USD)
Profitability
Return on Assets	-21.33	-28.23	-11	-9.02	15.61
Return on Total Capital	-21.59	-28.74	-11.91	-9.97	41.19
Return On Equity %	-32.74	-42.1	-14.41	-17.31	30.29
Return on Common Equity	-32.74	-42.1	-14.41	-17.31	30.29
Margin Analysis
Gross Profit Margin %	-	-	-	-	65.06
SG&A Margin	-	-	-	-	7.57
EBITDA Margin %	-	-	-	-	53.79
EBITA Margin %	-	-	-	-	38.49
EBIT Margin %	-	-	-	-	35.97
Income From Continuing Operations Margin %	-	-	-	-	16.35
Net Income Margin %	-	-	-	-	16.35
Net Avail. For Common Margin %	-	-	-	-	16.35
Normalized Net Income Margin	-	-	-	-	21.01
Levered Free Cash Flow Margin	-	-	-	-	32.66
Unlevered Free Cash Flow Margin	-	-	-	-	34.72
Asset Turnover
Asset Turnover	-	-	-	-	0.69
Fixed Assets Turnover	-	-	-	-	1.05
Receivables Turnover (Average Receivables)	-	-	-	-	23.16
Short Term Liquidity
Current Ratio	41.84	28.02	5.08	3.83	1.85
Quick Ratio	41.71	27.88	5.06	3.82	1.63
Operating Cash Flow to Current Liabilities	-18.44	-19.9	-0.13	-2.41	1.33
Days Sales Outstanding (Average Receivables)	-	-	-	-	15.76
Long Term Solvency
Total Debt/Equity	0.04	0.62	0.32	1.31	1.05
Total Debt / Total Capital	0.04	0.61	0.32	1.29	1.04
LT Debt/Equity	-	0.52	0.23	1.09	0.55
Long-Term Debt / Total Capital	-	0.51	0.23	1.07	0.54
Total Liabilities / Total Assets	1.58	2.65	11.4	8.87	65.06
EBIT / Interest Expense	-11.72T	-14.75T	-1.1T	-161.32	10.92
EBITDA / Interest Expense	-11.66T	-14.28T	-1.08T	-158.17	16.42
(EBITDA - Capex) / Interest Expense	-13.51T	-14.42T	-2.86T	-239.87	6.87
Total Debt / EBITDA	-0	-0.01	-0.02	-0.08	0.02
Net Debt / EBITDA	1.9	1.06	2.86	1.48	-1.14
Total Debt / (EBITDA - Capex)	-0	-0.01	-0.01	-0.05	0.04
Net Debt / (EBITDA - Capex)	1.64	1.05	1.08	0.98	-2.73
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	96.71	17.06	-52.68	-7.16	-2.66T
EBITA, 1 Yr. Growth %	94.94	20.25	-53.55	-7.18	-1.91T
EBIT, 1 Yr. Growth %	94.94	20.25	-53.55	-7.18	-1.77T
Earnings From Cont. Operations, 1 Yr. Growth %	99.75	15.87	-61.67	32.65	-804.23
Net Income, 1 Yr. Growth %	99.75	15.87	-61.67	32.65	-804.23
Normalized Net Income, 1 Yr. Growth %	98.5	11.59	-61.86	35.42	-1.55T
Diluted EPS Before Extra, 1 Yr. Growth %	57.5	9.64	-65.65	27.43	-475
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	2.33T
Net Property, Plant and Equip., 1 Yr. Growth %	19.35	2.71	137.37	7.1	1.84T
Total Assets, 1 Yr. Growth %	-3.38	-15.04	59.49	-15.87	2T
Tangible Book Value, 1 Yr. Growth %	-4.03	-15.96	45.16	-13.47	706.25
Common Equity, 1 Yr. Growth %	-4.03	-15.96	45.16	-13.47	706.25
Cash From Operations, 1 Yr. Growth %	97.78	24.41	-96.1	1.26T	-2.59T
Capital Expenditures, 1 Yr. Growth %	1.92T	-93.06	8.18T	-70.96	2.73T
Levered Free Cash Flow, 1 Yr. Growth %	106.49	19.21	-1.87	-13.17	-1.45T
Unlevered Free Cash Flow, 1 Yr. Growth %	106.52	19.21	-1.91	-13.43	-1.55T
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	97.87	51.75	-25.58	-33.72	382.92
EBITA, 2 Yr. CAGR %	97.51	53.11	-25.26	-34.34	306.01
EBIT, 2 Yr. CAGR %	97.51	53.11	-25.26	-34.34	292.5
Earnings From Cont. Operations, 2 Yr. CAGR %	91.65	52.14	-33.36	-28.69	204.91
Net Income, 2 Yr. CAGR %	91.65	52.14	-33.36	-28.69	204.91
Normalized Net Income, 2 Yr. CAGR %	94.11	48.83	-34.77	-28.13	341.62
Diluted EPS Before Extra, 2 Yr. CAGR %	13.97	31.41	-38.64	-33.84	123.53
Net Property, Plant and Equip., 2 Yr. CAGR %	7.8	10.72	56.14	59.44	344.42
Total Assets, 2 Yr. CAGR %	41.92	-9.4	16.41	15.83	310.58
Tangible Book Value, 2 Yr. CAGR %	41.86	-10.19	10.45	12.07	157.83
Common Equity, 2 Yr. CAGR %	41.86	-10.19	10.45	12.07	157.83
Cash From Operations, 2 Yr. CAGR %	108.26	56.86	-77.97	-27.15	1.74T
Capital Expenditures, 2 Yr. CAGR %	185.56	18.33	139.8	390.53	188.54
Levered Free Cash Flow, 2 Yr. CAGR %	134.63	56.89	8.16	-7.93	242.16
Unlevered Free Cash Flow, 2 Yr. CAGR %	134.74	56.91	8.14	-8.09	252.87
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	75.3	66.11	2.9	-19.88	122.63
EBITA, 3 Yr. CAGR %	75.09	67.4	2.88	-19.66	97.1
EBIT, 3 Yr. CAGR %	75.09	67.4	2.88	-19.66	92.7
Earnings From Cont. Operations, 3 Yr. CAGR %	71.5	62.05	-3.91	-16.17	52.74
Net Income, 3 Yr. CAGR %	71.5	62.05	-3.91	-16.17	52.74
Normalized Net Income, 3 Yr. CAGR %	72.79	61.4	-5.47	-16.78	95.2
Diluted EPS Before Extra, 3 Yr. CAGR %	0.37	12.51	-15.98	-21.71	19.72
Net Property, Plant and Equip., 3 Yr. CAGR %	181.65	6.08	42.77	37.71	260.58
Total Assets, 3 Yr. CAGR %	146.27	19.61	9.4	4.46	199.58
Tangible Book Value, 3 Yr. CAGR %	147.63	19.15	5.4	1.82	112.9
Common Equity, 3 Yr. CAGR %	147.63	19.15	5.4	1.82	112.9
Cash From Operations, 3 Yr. CAGR %	62.66	75.4	-54.21	-12.92	136.59
Capital Expenditures, 3 Yr. CAGR %	190.15	-17.28	387.71	18.65	783.54
Levered Free Cash Flow, 3 Yr. CAGR %	62.41	87.22	34.17	0.35	125.25
Unlevered Free Cash Flow, 3 Yr. CAGR %	62.4	87.28	34.16	0.23	129.9
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	-	46.43	24.44	15.02	90.99
EBITA, 5 Yr. CAGR %	-	47.25	24.56	15.13	78.16
EBIT, 5 Yr. CAGR %	-	47.25	24.56	15.13	75.76
Earnings From Cont. Operations, 5 Yr. CAGR %	-	48.44	17.51	16.69	52.5
Net Income, 5 Yr. CAGR %	-	48.44	17.51	16.69	52.5
Normalized Net Income, 5 Yr. CAGR %	-	47.98	17.03	16.77	75.13
Diluted EPS Before Extra, 5 Yr. CAGR %	-	6.45	-17.56	-9.02	24.27
Net Property, Plant and Equip., 5 Yr. CAGR %	-	95.38	122.45	24.86	124.85
Total Assets, 5 Yr. CAGR %	-	46.23	82.49	18.09	85.68
Tangible Book Value, 5 Yr. CAGR %	-	46.41	79.29	16.26	50.74
Common Equity, 5 Yr. CAGR %	-	46.41	79.29	16.26	50.74
Cash From Operations, 5 Yr. CAGR %	-	44.45	-26.89	23.42	100.73
Capital Expenditures, 5 Yr. CAGR %	-	-15.05	168.85	68.59	295.35
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	38.03	40.95	94.91
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	38.02	40.88	97.32