Cash flow K2 Gold Corporation

Equities

KTO

CA50117M1068

Gold

Market Closed - Toronto S.E. Other stock markets 01:29:59 08/05/2026 am IST			5-day change	1st Jan Change
0.7500 ^CAD	0.00%		-3.85%	-6.25%

29/04	K2 Gold Corporation Reports Earnings Results for the Full Year Ended December 31, 2025	CI
08/04	K2 Gold Corporation Receives Approval for Exploration Drilling At Mojave Project	CI

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Published financial data: K2 GOLD CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Cost of Goods Sold, Total	-	5.02T	13.52T	-	-
Gross Profit	-	-5.02T	-13.52T	-	-
Selling General & Admin Expenses, Total	12.81L	9L	10.11L	9L	11.72L
Exploration / Drilling Costs, Total	-	-	-	-	26.71L
Stock-Based Compensation (IS)	3L	3L	3L	8.95T	10L
Impairment of Oil, Gas & Mineral Properties - (IS)	2L	-	-	-	-
Other Operating Expenses, Total	17.84L	11.95L	13.14L	9L	48.43L
Operating Income	-17.84L	-12L	-13.28L	-9L	-48.43L
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	35.93T	21.71T	71.16T	11.04T	1L
Net Interest Expenses	35.93T	21.71T	71.16T	11.04T	1L
Currency Exchange Gains (Loss)	9.09T	-1.85T	-11.08T	-5.3T	-62.69T
Other Non Operating Income (Expenses)	-77.62T	-57.59T	2L	64.61T	-56.36T
EBT, Excl. Unusual Items	-18.16L	-12.37L	-10.79L	-8L	-48.43L
Other Unusual Items	-	-	-	10T	-
EBT, Incl. Unusual Items	-18.16L	-12.37L	-10.79L	-8L	-48.43L
Earnings From Continuing Operations	-18.16L	-12.37L	-10.79L	-8L	-48.43L
Net Income to Company	-18.16L	-12.37L	-10.79L	-8L	-48.43L
Net Income - (IS)	-18.16L	-12.37L	-10.79L	-8L	-48.43L
Net Income to Common Incl Extra Items	-18.16L	-12.37L	-10.79L	-8L	-48.43L
Net Income to Common Excl. Extra Items	-18.16L	-12.37L	-10.79L	-8L	-48.43L
Per Share Items
Net EPS - Basic	-0.03	-0.02	-0.01	-0.01	-0.03
Basic EPS - Continuing Operations	-0.03	-0.02	-0.01	-0.01	-0.03
Basic Weighted Average Shares Outstanding	6.46Cr	6.48Cr	8.99Cr	11Cr	16Cr
Net EPS - Diluted	-0.03	-0.02	-0.01	-0.01	-0.03
Diluted EPS - Continuing Operations	-0.03	-0.02	-0.01	-0.01	-0.03
Diluted Weighted Average Shares Outstanding	6.46Cr	6.48Cr	8.99Cr	11Cr	16Cr
Normalized Basic EPS	-0.02	-0.01	-0.01	-0	-0.02
Normalized Diluted EPS	-0.02	-0.01	-0.01	-0	-0.02
Supplemental Items
EBITDA	-16.08L	-10.24L	-	-	-
EBITA	-17.84L	-12L	-13.28L	-9L	-48.43L
EBIT	-17.84L	-12L	-13.28L	-9L	-48.43L
EBITDAR	-15.64L	-10L	-	-	-
Normalized Net Income	-11.35L	-8L	-7L	-5L	-30.27L
Supplemental Operating Expense Items
Advertising Expense	3L	1L	2L	2L	3L
Selling and Marketing Expenses	3L	1L	2L	2L	3L
General and Administrative Expenses	3L	2L	2L	2L	2L
Exploration/Drilling Costs	-	-	-	-	26.71L
Net Rental Expense, Total	43.89T	54.81T	68.52T	75.32T	78.6T
Stock-Based Comp., Other (Total)	3L	3L	3L	8.95T	10L
Total Stock-Based Compensation	3L	3L	3L	8.95T	10L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	28.51L	3L	2L	1L	1.09Cr
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	28.51L	3L	2L	1L	1.09Cr
Other Receivables	18.42T	6.27T	44.78T	19.84T	18.85T
Total Receivables	18.42T	6.27T	44.78T	19.84T	18.85T
Prepaid Expenses	46.96T	53.9T	53.26T	51.4T	2L
Total Current Assets	29.16L	4L	3L	2L	1.11Cr
Gross Property Plant And Equipment	1.11Cr	1.26Cr	1.64Cr	1.82Cr	72.75L
Net Property Plant And Equipment	1.11Cr	1.26Cr	1.64Cr	1.82Cr	72.75L
Other Long-Term Assets, Total	63.39T	67.72T	66.13T	71.94T	69.61T
Total Assets	1.41Cr	1.3Cr	1.68Cr	1.84Cr	1.84Cr
Liabilities
Accounts Payable, Total	3L	2L	1L	1L	4L
Accrued Expenses, Total	12.44T	2.71T	-	-	-
Current Portion of Long-Term Debt	-	-	40T	-	-
Unearned Revenue Current, Total	-	-	1L	-	-
Total Current Liabilities	3L	2L	3L	1L	4L
Long-Term Debt	40T	40T	-	-	-
Total Liabilities	4L	2L	3L	1L	4L
Common Stock, Total	2.68Cr	2.68Cr	3.05Cr	3.27Cr	5.08Cr
Retained Earnings	-1.91Cr	-2.04Cr	-2.14Cr	-2.22Cr	-4.11Cr
Comprehensive Income and Other	61.01L	64.04L	73.97L	78.15L	83.19L
Total Common Equity	1.37Cr	1.28Cr	1.65Cr	1.83Cr	1.8Cr
Total Equity	1.37Cr	1.28Cr	1.65Cr	1.83Cr	1.8Cr
Total Liabilities And Equity	1.41Cr	1.3Cr	1.68Cr	1.84Cr	1.84Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.48Cr	8.88Cr	11Cr	15Cr	24Cr
ECS Total Common Shares Outstanding	6.48Cr	6.48Cr	9.81Cr	13Cr	19Cr
Book Value / Share	0.21	0.2	0.17	0.14	0.09
Tangible Book Value	1.37Cr	1.28Cr	1.65Cr	1.83Cr	1.8Cr
Tangible Book Value Per Share	0.21	0.2	0.17	0.14	0.09
Total Debt	40T	40T	40T	0	0
Net Debt	-28.11L	-3L	-2L	-1L	-1.09Cr
Debt Equivalent Oper. Leases	4L	4L	5L	6L	6L
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-18.16L	-12.37L	-10.79L	-8L	-48.43L
Impairment of Oil, Gas & Mineral Properties - (CF)	2L	-	-	-	-
Depreciation & Amortization, Total	2L	-	-	-	-
Stock-Based Compensation (CF)	3L	3L	3L	8.95T	10L
Other Operating Activities, Total	270	-4.33T	-2L	-80.46T	2.34T
Change In Accounts Receivable	3.39T	12.15T	-38.52T	24.95T	984
Change In Accounts Payable	-60.82T	-18.54T	-8.3T	-37.92T	3L
Change in Other Net Operating Assets	1L	-6.94T	633	1.87T	-2L
Cash from Operations	-12.56L	-10L	-10.61L	-9L	-37.28L
Capital Expenditure	-32.98L	-16.28L	-38.12L	-17.48L	-16.52L
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	42.5T	7.5T	-	-
Cash from Investing	-32.98L	-15.86L	-38.04L	-17.48L	-16.52L
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-30T	-
Total Debt Repaid	-	-	-	-30T	-
Issuance of Common Stock	-	-	49.98L	27.58L	1.62Cr
Other Financing Activities, Total	-	-	-3L	-2L	-1L
Cash from Financing	-	-	47.47L	25.69L	1.61Cr
Net Change in Cash	-45.54L	-25.37L	-1L	-62.37T	1.07Cr
Supplemental Items
Levered Free Cash Flow	-37.71L	-22.31L	-42.95L	-24.1L	-35.67L
Unlevered Free Cash Flow	-37.71L	-22.31L	-42.95L	-24.1L	-35.67L
Change In Net Working Capital	-1L	2L	-43.4T	1L	-1L
Net Debt Issued / Repaid	-	-	-	-30T	-

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-7.55	-5.52	-5.57	-3.13	-26.5
Return on Total Capital	-7.72	-5.63	-5.65	-3.16	-27.08
Return On Equity %	-12.61	-9.32	-7.37	-4.6	-43.33
Return on Common Equity	-12.61	-9.32	-7.37	-4.6	-43.33
Short Term Liquidity
Current Ratio	8.62	2.12	0.98	1.85	29.37
Quick Ratio	8.48	1.81	0.81	1.38	28.83
Operating Cash Flow to Current Liabilities	-3.71	-5.39	-3.56	-8	-9.88
Average Days Payable Outstanding	-	18.19T	4.35T	-	-
Long Term Solvency
Total Debt/Equity	0.29	0.31	0.24	-	-
Total Debt / Total Capital	0.29	0.31	0.24	-	-
LT Debt/Equity	0.29	0.31	-	-	-
Long-Term Debt / Total Capital	0.29	0.31	-	-	-
Total Liabilities / Total Assets	2.68	1.66	1.78	0.6	2.05
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	-0.02	-0.04	-	-	-
Net Debt / EBITDA	1.75	0.27	-	-	-
Total Debt / (EBITDA - Capex)	-0.01	-0.02	-	-	-
Net Debt / (EBITDA - Capex)	0.57	0.1	-	-	-
Growth Over Prior Year
Gross Profit, 1 Yr. Growth %	-	-	169.49	-	-
EBITDA, 1 Yr. Growth %	11.76	-36.32	-	-	-
EBITA, 1 Yr. Growth %	1.66	-32.74	10.69	-33.63	96.81
EBIT, 1 Yr. Growth %	1.66	-32.74	10.69	-33.63	96.81
Earnings From Cont. Operations, 1 Yr. Growth %	1.09	-31.87	-12.8	-25.77	103.45
Net Income, 1 Yr. Growth %	1.09	-31.87	-12.8	-25.77	103.45
Normalized Net Income, 1 Yr. Growth %	1.09	-31.87	-12.8	-24.85	102.6
Diluted EPS Before Extra, 1 Yr. Growth %	-26.16	-32.14	-37.08	-40.7	45.05
Net Property, Plant and Equip., 1 Yr. Growth %	43.38	12.95	30.36	10.64	75.61
Total Assets, 1 Yr. Growth %	-8.43	-7.76	28.71	9.92	316.96
Tangible Book Value, 1 Yr. Growth %	-8.77	-6.79	28.56	11.23	318.89
Common Equity, 1 Yr. Growth %	-8.77	-6.79	28.56	11.23	318.89
Cash From Operations, 1 Yr. Growth %	0.83	-24.24	11.47	-16.7	51.37
Capital Expenditures, 1 Yr. Growth %	-10.02	-50.62	134.08	-54.15	881.99
Levered Free Cash Flow, 1 Yr. Growth %	-10.04	-40.83	92.47	-43.88	96.21
Unlevered Free Cash Flow, 1 Yr. Growth %	-10.04	-40.83	92.47	-43.88	96.21
Compound Annual Growth Rate Over Two Years
Gross Profit, 2 Yr. CAGR %	-	-	-	-	-
EBITDA, 2 Yr. CAGR %	65.49	-15.64	-	-	-
EBITA, 2 Yr. CAGR %	34.72	-17.31	-13.72	-14.29	90.98
EBIT, 2 Yr. CAGR %	34.72	-17.31	-13.72	-14.29	90.98
Earnings From Cont. Operations, 2 Yr. CAGR %	32.66	-17.01	-22.92	-19.55	111.86
Net Income, 2 Yr. CAGR %	32.66	-17.01	-22.92	-19.55	111.86
Normalized Net Income, 2 Yr. CAGR %	32.66	-17.01	-22.92	-19.05	111.86
Diluted EPS Before Extra, 2 Yr. CAGR %	-6.66	-29.21	-34.65	-38.92	59.89
Net Property, Plant and Equip., 2 Yr. CAGR %	64.36	27.26	21.34	20.1	-33.41
Total Assets, 2 Yr. CAGR %	40.97	-8.1	8.96	18.94	4.83
Tangible Book Value, 2 Yr. CAGR %	41.8	-7.79	9.46	19.58	4.68
Common Equity, 2 Yr. CAGR %	41.8	-7.79	9.46	19.58	4.68
Cash From Operations, 2 Yr. CAGR %	50.67	-12.6	-8.1	-3.64	87.48
Capital Expenditures, 2 Yr. CAGR %	104.64	-33.34	7.51	3.6	-34.16
Levered Free Cash Flow, 2 Yr. CAGR %	131.5	-27.04	6.71	3.93	-8.86
Unlevered Free Cash Flow, 2 Yr. CAGR %	131.5	-27.04	6.71	3.93	-8.86
Compound Annual Growth Rate Over Three Years
Gross Profit, 3 Yr. CAGR %	-	-0.07	-	-	-
EBITDA, 3 Yr. CAGR %	39.79	20.37	-	-	-
EBITA, 3 Yr. CAGR %	21.92	6.88	-8.87	-20.94	59.23
EBIT, 3 Yr. CAGR %	21.92	6.88	-8.87	-20.94	59.23
Earnings From Cont. Operations, 3 Yr. CAGR %	21.76	6.24	-15.63	-23.88	57.59
Net Income, 3 Yr. CAGR %	21.76	6.24	-15.63	-23.88	57.59
Normalized Net Income, 3 Yr. CAGR %	22	6.24	-15.63	-23.57	57.59
Diluted EPS Before Extra, 3 Yr. CAGR %	-15.65	-16.07	-31.94	-36.74	17.17
Net Property, Plant and Equip., 3 Yr. CAGR %	60.31	45.04	28.28	17.67	-16.7
Total Assets, 3 Yr. CAGR %	64.89	22.39	2.82	9.28	12.25
Tangible Book Value, 3 Yr. CAGR %	64.32	23.29	3.01	10.05	12.1
Common Equity, 3 Yr. CAGR %	64.32	23.29	3.01	10.05	12.1
Cash From Operations, 3 Yr. CAGR %	29.03	19.81	-5.22	-11.07	57.65
Capital Expenditures, 3 Yr. CAGR %	85.87	27.4	1.32	-19.07	0.49
Levered Free Cash Flow, 3 Yr. CAGR %	75.47	46.91	0.81	-13.86	16.93
Unlevered Free Cash Flow, 3 Yr. CAGR %	75.47	46.91	0.81	-13.86	16.93
Compound Annual Growth Rate Over Five Years
Gross Profit, 5 Yr. CAGR %	-	-	-	-	-
EBITDA, 5 Yr. CAGR %	-8.09	-	-	-	-
EBITA, 5 Yr. CAGR %	43.87	1.46	6.17	-2.15	22.52
EBIT, 5 Yr. CAGR %	43.87	1.46	6.17	-2.15	22.52
Earnings From Cont. Operations, 5 Yr. CAGR %	36.74	2.36	1.41	-4.94	21.94
Net Income, 5 Yr. CAGR %	36.74	2.36	1.41	-4.94	21.94
Normalized Net Income, 5 Yr. CAGR %	36.67	2.36	1.53	-4.71	21.94
Diluted EPS Before Extra, 5 Yr. CAGR %	-18.26	-22.31	-23.84	-26.09	-4.22
Net Property, Plant and Equip., 5 Yr. CAGR %	94.78	40.98	43.41	34.49	-1.31
Total Assets, 5 Yr. CAGR %	47.8	35.76	39.71	21	3.62
Tangible Book Value, 5 Yr. CAGR %	49.91	35.84	39.68	21.8	3.68
Common Equity, 5 Yr. CAGR %	49.91	35.84	39.68	21.8	3.68
Cash From Operations, 5 Yr. CAGR %	25.1	1.39	12.65	9.81	24.52
Capital Expenditures, 5 Yr. CAGR %	73.19	3.2	49.32	17.29	-14.73
Levered Free Cash Flow, 5 Yr. CAGR %	56.87	3.76	43.82	27.92	-3.18
Unlevered Free Cash Flow, 5 Yr. CAGR %	57.18	3.76	43.82	27.92	-3.18