Cash flow Generation Mining Limited

Equities

GENM

CA37149B1094

Non-Gold Precious Metals & Minerals

Market Closed - Toronto S.E. Other stock markets 01:29:59 09/05/2026 am IST			5-day change	1st Jan Change
0.6600 ^CAD	+4.76%		+1.54%	-19.51%

04/05	Mayfair Gold Corp. Announces CEO Changes	CI
01/04	Generation Mining Limited Reports Earnings Results for the Full Year Ended December 31, 2025	CI

1904fa4d13438a9d.z4qKqcraNBJR9bTYutmx8Gyx68a5MzuAUVzueCU_VgQ.9un4mLujdys0hMDh6pXnszqJ2_TBUAj4AW-MDRV0IkDiuMnA_4BnezeZ2w

Published financial data: GENERATION MINING LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Cost of Goods Sold, Total	1.26Cr	4.76Cr	1.49Cr	82.94L	44.82L
Gross Profit	-1.26Cr	-4.76Cr	-1.49Cr	-82.94L	-44.82L
Selling General & Admin Expenses, Total	15.43L	46.06L	27.66L	17.99L	20.16L
Stock-Based Compensation (IS)	22.74L	12.58L	10.82L	12.28L	19.85L
Other Operating Expenses, Total	38.17L	58.63L	38.48L	30.27L	40L
Operating Income	-1.64Cr	-5.34Cr	-1.87Cr	-1.13Cr	-84.83L
Interest Expense, Total	-31.39T	-2L	-4L	-3L	-2L
Interest And Investment Income	26.14T	3L	4L	7L	-
Net Interest Expenses	-5.24T	18.15T	54.05T	4L	-2L
Income (Loss) On Equity Invest.	-	-	-95.32T	-7L	-6L
Currency Exchange Gains (Loss)	-	-3.46T	13T	-4.59T	922
Other Non Operating Income (Expenses)	-9L	-8L	-5L	1L	-7L
EBT, Excl. Unusual Items	-1.73Cr	-5.42Cr	-1.92Cr	-1.15Cr	-99.67L
Gain (Loss) On Sale Of Investments	2L	-12.42L	-	-	-
Gain (Loss) On Sale Of Assets	-	-	28.3L	-	-
Other Unusual Items	-	-8L	-13.45L	-1.01Cr	-2.39Cr
EBT, Incl. Unusual Items	-1.71Cr	-5.62Cr	-1.78Cr	-2.16Cr	-3.39Cr
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-1.71Cr	-5.62Cr	-1.78Cr	-2.16Cr	-3.39Cr
Net Income to Company	-1.71Cr	-5.62Cr	-1.78Cr	-2.16Cr	-3.39Cr
Net Income - (IS)	-1.71Cr	-5.62Cr	-1.78Cr	-2.16Cr	-3.39Cr
Net Income to Common Incl Extra Items	-1.71Cr	-5.62Cr	-1.78Cr	-2.16Cr	-3.39Cr
Net Income to Common Excl. Extra Items	-1.71Cr	-5.62Cr	-1.78Cr	-2.16Cr	-3.39Cr
Per Share Items
Net EPS - Basic	-0.12	-0.32	-0.09	-0.09	-0.13
Basic EPS - Continuing Operations	-0.12	-0.32	-0.09	-0.09	-0.13
Basic Weighted Average Shares Outstanding	15Cr	18Cr	19Cr	24Cr	25Cr
Net EPS - Diluted	-0.12	-0.32	-0.09	-0.09	-0.13
Diluted EPS - Continuing Operations	-0.12	-0.32	-0.09	-0.09	-0.13
Diluted Weighted Average Shares Outstanding	15Cr	18Cr	19Cr	24Cr	25Cr
Normalized Basic EPS	-0.07	-0.19	-0.06	-0.03	-0.02
Normalized Diluted EPS	-0.07	-0.19	-0.06	-0.03	-0.02
Supplemental Items
EBITDA	-1.63Cr	-5.33Cr	-1.86Cr	-1.12Cr	-83.88L
EBITA	-1.64Cr	-5.34Cr	-1.87Cr	-1.13Cr	-84.83L
EBIT	-1.64Cr	-5.34Cr	-1.87Cr	-1.13Cr	-84.83L
EBITDAR	-1.62Cr	-5.17Cr	-1.72Cr	-1.09Cr	-82.14L
Effective Tax Rate - (Ratio)	-	-	-	-	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-1.08Cr	-3.39Cr	-1.2Cr	-71.89L	-62.29L
Interest on Long-Term Debt	31.39T	2L	4L	3L	2L
Supplemental Operating Expense Items
General and Administrative Expenses	13.95L	44.97L	26.55L	14.77L	18.42L
Net Rental Expense, Total	1L	16.9L	14.67L	3L	2L
Imputed Operating Lease Interest Expense	2L	18.23L	15.3L	4L	2L
Imputed Operating Lease Depreciation	-31.35T	-1L	-63.37T	-34.88T	2.27T
Stock-Based Comp., COGS (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	22.74L	12.58L	10.82L	12.28L	19.85L
Total Stock-Based Compensation	22.74L	12.58L	10.82L	12.28L	19.85L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	53.97L	1.88Cr	1.65Cr	55.25L	1Cr
Short Term Investments	12.42L	-	-	-	-
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	66.39L	1.88Cr	1.65Cr	55.25L	1Cr
Other Receivables	7L	17.32L	1L	3L	3L
Total Receivables	7L	17.32L	1L	3L	3L
Prepaid Expenses	1L	2L	1L	2L	2L
Restricted Cash	-	-	-	-	-
Total Current Assets	74.67L	2.07Cr	1.67Cr	60.01L	1.06Cr
Gross Property Plant And Equipment	8L	30.85L	14.27L	12.13L	14.01L
Accumulated Depreciation	-1L	-2L	-3L	-4L	-5L
Net Property Plant And Equipment	7L	28.82L	11.34L	8L	9L
Long-term Investments	-	-	21.05L	14.04L	8L
Other Long-Term Assets, Total	38.23T	14.18L	3L	1L	1L
Total Assets	81.73L	2.5Cr	2.02Cr	83.5L	1.24Cr
Liabilities
Accounts Payable, Total	18.22L	43.79L	19.09L	13.61L	21.05L
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	39.92T	30.99L	24.59L	15.39L	11.38L
Other Current Liabilities	5L	7L	4L	55.79T	62.5T
Total Current Liabilities	23.48L	81.29L	47.93L	29.56L	33.06L
Long-Term Leases	2L	2L	87.26T	70.82T	1L
Other Non Current Liabilities	-	4.08Cr	4.47Cr	5.51Cr	7.91Cr
Total Liabilities	25L	4.91Cr	4.96Cr	5.81Cr	8.26Cr
Common Stock, Total	3.89Cr	6.67Cr	8.04Cr	8.07Cr	9.04Cr
Retained Earnings	-4.08Cr	-9.68Cr	-11Cr	-14Cr	-16Cr
Comprehensive Income and Other	75.82L	60.53L	47.7L	56.94L	37.08L
Total Common Equity	56.74L	-2.41Cr	-2.94Cr	-4.98Cr	-7.02Cr
Total Equity	56.74L	-2.41Cr	-2.94Cr	-4.98Cr	-7.02Cr
Total Liabilities And Equity	81.73L	2.5Cr	2.02Cr	83.5L	1.24Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	18Cr	18Cr	24Cr	24Cr	32Cr
ECS Total Common Shares Outstanding	15Cr	18Cr	24Cr	24Cr	27Cr
Book Value / Share	0.04	-0.13	-0.12	-0.21	-0.26
Tangible Book Value	56.74L	-2.41Cr	-2.94Cr	-4.98Cr	-7.02Cr
Tangible Book Value Per Share	0.04	-0.13	-0.12	-0.21	-0.26
Total Debt	2L	33.01L	25.46L	16.1L	12.85L
Net Debt	-64.48L	-1.55Cr	-1.39Cr	-39.15L	-87.51L
Debt Equivalent Oper. Leases	11.87L	1.35Cr	1.17Cr	25.73L	13.91L
Equity Method Investments, Total	-	-	21.05L	14.04L	8L
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	6L	10.68L	10.68L	10.68L	10.68L
Machinery, Total	27.91T	68.49T	68.49T	92.01T	92.01T
Full Time Employees	-	17	17	13	13

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-1.71Cr	-5.62Cr	-1.78Cr	-2.16Cr	-3.39Cr
Depreciation & Amortization - CF	97.34T	17.04L	15.01L	4L	2L
Depreciation & Amortization, Total	97.34T	17.04L	15.01L	4L	2L
(Gain) Loss From Sale Of Asset	-	-	-28.3L	-	-
(Gain) Loss on Sale of Investments - (CF)	-2L	12.42L	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	95.32T	7L	6L
Stock-Based Compensation (CF)	22.74L	12.58L	10.82L	12.28L	19.85L
Other Operating Activities, Total	-	1.96Cr	32.45L	98.77L	2.39Cr
Change In Accounts Receivable	-2L	-10.04L	16.07L	-1L	-67.61T
Change In Accounts Payable	6L	27.22L	-30.83L	-5L	8L
Change in Other Net Operating Assets	42.44T	-1L	81.6T	-84.73T	20.2T
Cash from Operations	-1.45Cr	-3.08Cr	-1.61Cr	-1.02Cr	-64.7L
Capital Expenditure	-	-40.59T	-	-23.52T	-
Sale of Property, Plant, and Equipment	-	-	6L	-	-
Investment in Marketable and Equity Securities, Total	15.14L	-	-	-	-
Other Investing Activities, Total	-	-13.8L	-7L	-	-
Cash from Investing	15.14L	-14.21L	-1L	-23.52T	-
Long-Term Debt Repaid, Total	-31.76T	-3L	-5L	-7L	-5L
Total Debt Repaid	-31.76T	-3L	-5L	-7L	-5L
Issuance of Common Stock	67.82L	59.15L	1.44Cr	-	1.14Cr
Other Financing Activities, Total	-	4Cr	-	-	-
Cash from Financing	67.5L	4.56Cr	1.39Cr	-7L	1.1Cr
Net Change in Cash	-62.65L	1.34Cr	-23.09L	-1.09Cr	45.11L
Supplemental Items
Levered Free Cash Flow	-75.24L	-2.9Cr	-1.04Cr	-68.03L	-25.39L
Unlevered Free Cash Flow	-75.04L	-2.89Cr	-1.01Cr	-66.23L	-24.28L
Change In Net Working Capital	-4L	-16L	10.08L	11.31L	-7L
Net Debt Issued / Repaid	-31.76T	-3L	-5L	-7L	-5L

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-85.98	-201.23	-51.7	-49.52	-51.16
Return on Total Capital	-103.55	447.29	49.1	18.86	9.05
Return On Equity %	-176.35	610.44	66.42	54.62	56.44
Return on Common Equity	-176.35	610.44	66.42	54.62	56.44
Short Term Liquidity
Current Ratio	3.18	2.55	3.49	2.03	3.19
Quick Ratio	3.14	2.52	3.46	1.96	3.13
Operating Cash Flow to Current Liabilities	-6.19	-3.79	-3.35	-3.44	-1.96
Average Days Payable Outstanding	51.33	23.79	77.2	72.16	141.15
Long Term Solvency
Total Debt/Equity	3.37	-13.7	-8.66	-3.23	-1.83
Total Debt / Total Capital	3.26	-15.87	-9.49	-3.34	-1.86
LT Debt/Equity	2.67	-0.84	-0.3	-0.14	-0.21
Long-Term Debt / Total Capital	2.58	-0.97	-0.32	-0.15	-0.21
Total Liabilities / Total Assets	30.58	196.32	245.33	696.21	667.33
EBIT / Interest Expense	-522.32	-226.87	-49.08	-39.31	-47.5
EBITDA / Interest Expense	-519.22	-219.63	-45.15	-38	-46.46
(EBITDA - Capex) / Interest Expense	-519.22	-219.81	-45.15	-38.08	-46.46
Total Debt / EBITDA	-0.01	-0.06	-0.15	-0.15	-0.15
Net Debt / EBITDA	0.4	0.3	0.81	0.36	1.05
Total Debt / (EBITDA - Capex)	-0.01	-0.06	-0.15	-0.15	-0.15
Net Debt / (EBITDA - Capex)	0.4	0.3	0.81	0.36	1.05
Growth Over Prior Year
Gross Profit, 1 Yr. Growth %	57.52	278.23	-68.75	-38.61	-45.96
EBITDA, 1 Yr. Growth %	54.54	226.54	-65.09	-39.72	-25.28
EBITA, 1 Yr. Growth %	54.23	225.92	-64.98	-39.51	-25.07
EBIT, 1 Yr. Growth %	54.23	225.92	-64.98	-39.51	-25.07
Earnings From Cont. Operations, 1 Yr. Growth %	103.55	229.17	-68.41	21.71	56.64
Net Income, 1 Yr. Growth %	103.55	229.17	-68.41	21.71	56.64
Normalized Net Income, 1 Yr. Growth %	50.57	213.88	-64.49	-40.24	-13.34
Diluted EPS Before Extra, 1 Yr. Growth %	75.69	169.42	-70.18	-2.9	46.04
Net Property, Plant and Equip., 1 Yr. Growth %	-12.73	331.79	-60.64	-27.22	11.31
Total Assets, 1 Yr. Growth %	-47.81	206.09	-19.16	-58.71	48.24
Tangible Book Value, 1 Yr. Growth %	-58.59	-524.74	21.96	69.39	41.06
Common Equity, 1 Yr. Growth %	-58.59	-524.74	21.96	69.39	41.06
Cash From Operations, 1 Yr. Growth %	69.67	112.15	-47.88	-36.63	-36.45
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	106.06	285.69	-64.31	-34.32	-62.67
Unlevered Free Cash Flow, 1 Yr. Growth %	106.78	284.74	-64.95	-34.56	-63.34
Compound Annual Growth Rate Over Two Years
Gross Profit, 2 Yr. CAGR %	14.03	144.09	8.72	-58.24	-42.4
EBITDA, 2 Yr. CAGR %	18.03	124.64	6.76	-54.13	-32.89
EBITA, 2 Yr. CAGR %	18.08	124.2	6.84	-53.97	-32.67
EBIT, 2 Yr. CAGR %	18.08	124.2	6.84	-53.97	-32.67
Earnings From Cont. Operations, 2 Yr. CAGR %	10.97	158.85	1.97	-37.99	38.08
Net Income, 2 Yr. CAGR %	10.97	158.85	1.97	-37.99	38.08
Normalized Net Income, 2 Yr. CAGR %	18.04	117.4	5.57	-53.94	-28.04
Diluted EPS Before Extra, 2 Yr. CAGR %	-24.95	117.57	-10.37	-46.19	19.08
Net Property, Plant and Equip., 2 Yr. CAGR %	-10.97	94.12	30.36	-46.48	-9.99
Total Assets, 2 Yr. CAGR %	67.03	26.39	57.3	-42.23	-21.77
Tangible Book Value, 2 Yr. CAGR %	60.22	32.62	127.6	43.73	54.57
Common Equity, 2 Yr. CAGR %	60.22	32.62	127.6	43.73	54.57
Cash From Operations, 2 Yr. CAGR %	31.08	89.72	5.15	-42.53	-36.54
Capital Expenditures, 2 Yr. CAGR %	-	20.59	-	-23.88	-
Levered Free Cash Flow, 2 Yr. CAGR %	41.97	181.91	17.33	-51.58	-50.49
Unlevered Free Cash Flow, 2 Yr. CAGR %	42.25	182.06	16.13	-52.11	-51.02
Compound Annual Growth Rate Over Three Years
Gross Profit, 3 Yr. CAGR %	67.41	70.06	23.02	-12.96	-54.49
EBITDA, 3 Yr. CAGR %	-	65.69	20.77	-11.76	-46.03
EBITA, 3 Yr. CAGR %	66.49	65.64	20.75	-11.61	-45.85
EBIT, 3 Yr. CAGR %	66.49	65.64	20.75	-11.61	-45.85
Earnings From Cont. Operations, 3 Yr. CAGR %	125.35	59.45	28.39	8.17	-15.55
Net Income, 3 Yr. CAGR %	125.35	59.45	28.39	8.17	-15.55
Normalized Net Income, 3 Yr. CAGR %	98.09	63.54	18.84	-12.67	-43.14
Diluted EPS Before Extra, 3 Yr. CAGR %	40.37	14.92	12.17	-7.94	-24.94
Net Property, Plant and Equip., 3 Yr. CAGR %	-	50.7	14.04	7.34	-31.68
Total Assets, 3 Yr. CAGR %	35.97	104.4	8.9	0.71	-20.91
Tangible Book Value, 3 Yr. CAGR %	25	121.74	28.97	106.25	42.83
Common Equity, 3 Yr. CAGR %	25	121.74	28.97	106.25	42.83
Cash From Operations, 3 Yr. CAGR %	102	53.9	23.33	-11.18	-40.57
Capital Expenditures, 3 Yr. CAGR %	-	-59.91	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-	98.1	41.56	-3.3	-55.6
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	98.2	40.75	-4.08	-56.19
Compound Annual Growth Rate Over Five Years
Gross Profit, 5 Yr. CAGR %	140.14	-	40.86	-3.03	-10.9
EBITDA, 5 Yr. CAGR %	-	-	-	-0.87	-4.52
EBITA, 5 Yr. CAGR %	73.1	-	39.42	-0.76	-4.41
EBIT, 5 Yr. CAGR %	73.1	-	39.42	-0.76	-4.41
Earnings From Cont. Operations, 5 Yr. CAGR %	124.89	-	64.1	9.28	32.18
Net Income, 5 Yr. CAGR %	124.89	-	64.1	9.28	32.18
Normalized Net Income, 5 Yr. CAGR %	72.22	-	54.01	-1.48	-2.77
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	17.31	-15.16	14.89
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-0.4	3.74
Total Assets, 5 Yr. CAGR %	15.35	-	44.13	23.3	-4.6
Tangible Book Value, 5 Yr. CAGR %	10.92	-	58.86	86.44	38.66
Common Equity, 5 Yr. CAGR %	10.92	-	58.86	86.44	38.66
Cash From Operations, 5 Yr. CAGR %	74.71	-	55.58	3.78	-5.45
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-48.19	-
Levered Free Cash Flow, 5 Yr. CAGR %	77.06	-	-	12.75	-7.01
Unlevered Free Cash Flow, 5 Yr. CAGR %	77.62	-	-	12.3	-7.72