Income Statement Sandstorm Gold Ltd.

Equities

SSL

CA80013R2063

Gold

Market Closed - Toronto S.E. Other stock markets 01:30:00 12/07/2025 am IST			5-day change	1st Jan Change
13.49 ^CAD	+0.52%		+2.59%	+67.79%

11/07	Sandstorm Gold Reports Preliminary Second-Quarter Sales	MT
11/07	Sandstorm Gold Reports Preliminary Q2 Revenue	MT

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Published financial data: SANDSTORM GOLD LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	9.3Cr	11Cr	15Cr	18Cr	18Cr
Total Revenues	9.3Cr	11Cr	15Cr	18Cr	18Cr
Cost of Goods Sold, Total	1.96Cr	2.46Cr	3.08Cr	2.88Cr	2.71Cr
Gross Profit	7.34Cr	9.02Cr	12Cr	15Cr	15Cr
Selling General & Admin Expenses, Total	83.35L	1.02Cr	1.34Cr	1.44Cr	1.79Cr
Depreciation & Amortization - (IS)	3.31Cr	3.57Cr	5.98Cr	7.53Cr	6.03Cr
Impairment of Oil, Gas & Mineral Properties - (IS)	10.15L	4L	10.86L	16.27L	-
Other Operating Expenses, Total	4.25Cr	4.63Cr	7.43Cr	9.13Cr	7.82Cr
Operating Income	3.1Cr	4.39Cr	4.37Cr	5.95Cr	7.1Cr
Interest Expense, Total	-21.07L	-21.35L	-1.73Cr	-3.95Cr	-3.5Cr
Interest And Investment Income	3L	5L	8L	-	-
Net Interest Expenses	-17.92L	-16.54L	-1.65Cr	-3.95Cr	-3.5Cr
Income (Loss) On Equity Invest.	-	-	-36.54L	-21.41L	-
Currency Exchange Gains (Loss)	-3L	-6L	-8L	-	-
Other Non Operating Income (Expenses)	-5L	48.76L	33T	1.15Cr	18.48L
EBT, Excl. Unusual Items	2.83Cr	4.65Cr	2.28Cr	2.93Cr	3.79Cr
Gain (Loss) On Sale Of Investments	38.3L	-16.59L	3.92Cr	1.57Cr	-46.28L
Gain (Loss) On Sale Of Assets	-	-	2.58Cr	19.49L	-36.89L
Asset Writedown	-78.62L	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	2.43Cr	4.49Cr	8.78Cr	4.69Cr	2.95Cr
Income Tax Expense	1.05Cr	1.72Cr	93.19L	42.03L	1.4Cr
Earnings From Continuing Operations	1.38Cr	2.76Cr	7.84Cr	4.27Cr	1.55Cr
Net Income to Company	1.38Cr	2.76Cr	7.84Cr	4.27Cr	1.55Cr
Minority Interest	-	-	-89T	-10L	-12.11L
Net Income - (IS)	1.38Cr	2.76Cr	7.84Cr	4.17Cr	1.43Cr
Net Income to Common Incl Extra Items	1.38Cr	2.76Cr	7.84Cr	4.17Cr	1.43Cr
Net Income to Common Excl. Extra Items	1.38Cr	2.76Cr	7.84Cr	4.17Cr	1.43Cr
Per Share Items
Net EPS - Basic	0.07	0.14	0.34	0.14	0.05
Basic EPS - Continuing Operations	0.07	0.14	0.34	0.14	0.05
Basic Weighted Average Shares Outstanding	19Cr	19Cr	23Cr	30Cr	30Cr
Net EPS - Diluted	0.07	0.14	0.33	0.14	0.05
Diluted EPS - Continuing Operations	0.07	0.14	0.33	0.14	0.05
Diluted Weighted Average Shares Outstanding	20Cr	20Cr	23Cr	30Cr	30Cr
Normalized Basic EPS	0.09	0.15	0.06	0.06	0.08
Normalized Diluted EPS	0.09	0.15	0.06	0.06	0.07
Dividend Per Share	-	0.02	0.06	0.06	0.06
Payout Ratio	-	-	17.4	42.52	122.5
Supplemental Items
EBITDA	6.56Cr	8.05Cr	10Cr	14Cr	13Cr
EBITA	3.1Cr	4.39Cr	4.37Cr	5.95Cr	7.1Cr
EBIT	3.1Cr	4.39Cr	4.37Cr	5.95Cr	7.1Cr
Total Revenues (As Reported)	9.3Cr	11Cr	15Cr	18Cr	18Cr
Effective Tax Rate - (Ratio)	43.08	38.42	10.62	8.96	47.5
Total Current Taxes	28.64L	30.29L	52.61L	87.06L	84.9L
Total Deferred Taxes	75.95L	1.42Cr	40.58L	-45.03L	55.4L
Normalized Net Income	1.77Cr	2.91Cr	1.42Cr	1.73Cr	2.24Cr
Interest on Long-Term Debt	21.07L	21.35L	1.73Cr	3.95Cr	3.5Cr
Supplemental Operating Expense Items
General and Administrative Expenses	83.35L	1.02Cr	1.34Cr	1.44Cr	1.79Cr
Stock-Based Comp., COGS (Total)	26.45L	28.09L	28.55L	37.28L	38.04L
Stock-Based Comp., G&A Exp. (Total)	30.07L	31.93L	32.46L	38.88L	40.47L
Total Stock-Based Compensation	56.52L	60.02L	61.01L	76.16L	78.51L

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	11Cr	1.62Cr	70.29L	50.03L	43.95L
Short Term Investments	18.52L	-	37.73L	2.84Cr	71.23L
Total Cash And Short Term Investments	12Cr	1.62Cr	1.08Cr	3.34Cr	1.15Cr
Accounts Receivable, Total	80.11L	1.21Cr	1.83Cr	1.52Cr	1.86Cr
Other Receivables	-	-	31.29L	9L	13.07L
Total Receivables	80.11L	1.21Cr	2.14Cr	1.61Cr	2Cr
Other Current Assets, Total	7L	52.94L	5L	43.1L	2L
Total Current Assets	12Cr	3.36Cr	3.27Cr	5.38Cr	3.17Cr
Gross Property Plant And Equipment	72Cr	87Cr	224.22Cr	209Cr	206.8Cr
Accumulated Depreciation	-36Cr	-40Cr	-46Cr	-53Cr	-58Cr
Net Property Plant And Equipment	36Cr	47Cr	178.13Cr	156.04Cr	148.94Cr
Long-term Investments	16Cr	11Cr	15Cr	29Cr	30Cr
Loans Receivable Long-Term	50.01L	-	-	-	-
Deferred Tax Assets Long-Term	-	-	-	-	-
Deferred Charges Long-Term	16.91L	-	-	-	-
Other Long-Term Assets, Total	16L	49.58L	74.12L	2.92Cr	2.83Cr
Total Assets	65Cr	62Cr	197.48Cr	193.14Cr	185.02Cr
Liabilities
Accounts Payable, Total	34.34L	73.47L	38.08L	57.41L	49.7L
Current Portion of Leases	-	-	-	13L	26L
Other Current Liabilities	-	-	1.52Cr	91.52L	86.57L
Total Current Liabilities	34.34L	73.47L	1.9Cr	1.62Cr	1.62Cr
Long-Term Debt	-	-	50Cr	44Cr	36Cr
Long-Term Leases	28.68L	25.79L	20.47L	1.72Cr	1.35Cr
Deferred Tax Liability Non Current	54.77L	1.83Cr	1.48Cr	90.05L	1.48Cr
Other Non Current Liabilities	-	-	-	47T	12.68L
Total Liabilities	1.18Cr	2.82Cr	53Cr	48Cr	40Cr
Common Stock, Total	72Cr	69Cr	131.86Cr	131.24Cr	130.28Cr
Retained Earnings	1.1Cr	3.56Cr	9.89Cr	12Cr	12Cr
Comprehensive Income and Other	-9.25Cr	-14Cr	-28.43L	-62.68L	29.58L
Total Common Equity	64Cr	59Cr	141.47Cr	142.9Cr	142.57Cr
Minority Interest	-	-	2.67Cr	2.5Cr	2.37Cr
Total Equity	64Cr	59Cr	144.14Cr	145.4Cr	144.93Cr
Total Liabilities And Equity	65Cr	62Cr	197.48Cr	193.14Cr	185.02Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20Cr	19Cr	30Cr	30Cr	30Cr
ECS Total Common Shares Outstanding	20Cr	19Cr	30Cr	30Cr	30Cr
Book Value / Share	3.27	3.09	4.73	4.8	4.81
Tangible Book Value	64Cr	59Cr	141.47Cr	142.9Cr	142.57Cr
Tangible Book Value Per Share	3.27	3.09	4.73	4.8	4.81
Total Debt	28.68L	25.79L	50Cr	45Cr	37Cr
Net Debt	-11Cr	-1.36Cr	49Cr	42Cr	36Cr
Minority Interest, Total (Incl. Fin. Div)	-	-	2.67Cr	2.5Cr	2.37Cr
Equity Method Investments, Total	11Cr	8.46Cr	2.73Cr	5.76Cr	7.23Cr
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	1.38Cr	2.76Cr	7.84Cr	4.17Cr	1.43Cr
Depreciation & Amortization - CF	3.36Cr	3.62Cr	6.02Cr	7.59Cr	6.23Cr
Impairment of Oil, Gas & Mineral Properties - (CF)	10.15L	4L	10.86L	16.27L	-
Depreciation & Amortization, Total	3.46Cr	3.66Cr	6.13Cr	7.76Cr	6.23Cr
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	3L	-	-2.58Cr	-19.49L	36.89L
(Gain) Loss on Sale of Investments - (CF)	-38.3L	16.59L	-3.92Cr	-1.57Cr	46.28L
Asset Writedown & Restructuring Costs	78.62L	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	36.54L	21.41L	-
Stock-Based Compensation (CF)	56.52L	60.02L	61.01L	76.16L	78.51L
Other Operating Activities, Total	98.76L	1.16Cr	2.54Cr	3.96Cr	4.62Cr
Change In Accounts Receivable	-6L	-42.13L	-54.98L	14.94L	-25.77L
Change In Accounts Payable	-21.69L	18.72L	26.08L	2L	-10.14L
Cash from Operations	6.56Cr	8.11Cr	11Cr	15Cr	14Cr
Capital Expenditure	-34.76L	-15Cr	-62Cr	-2.09Cr	-1.3Cr
Sale of Property, Plant, and Equipment	-	-	3.81Cr	2.36Cr	1.44Cr
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	3.72Cr	87.85L	-3Cr	-2.48Cr	95.57L
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Cash from Investing	3.37Cr	-14Cr	-61Cr	-2.22Cr	1.09Cr
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	4.1Cr	-	65Cr	4.15Cr	2.2Cr
Total Debt Issued	4.1Cr	-	65Cr	4.15Cr	2.2Cr
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-8.6Cr	-	-21Cr	-10Cr	-10Cr
Total Debt Repaid	-8.6Cr	-	-21Cr	-10Cr	-10Cr
Issuance of Common Stock	7.76Cr	11.22L	8.6Cr	-	-
Repurchase of Common Stock	-2.35Cr	-3.42Cr	-4L	-1.6Cr	-1.66Cr
Common Dividends Paid	-	-	-1.36Cr	-1.77Cr	-1.75Cr
Common & Preferred Stock Dividends Paid	-	-	-1.36Cr	-1.77Cr	-1.75Cr
Other Financing Activities, Total	-13.61L	-11.69L	-1.52Cr	-3.57Cr	-3.27Cr
Cash from Financing	76.94L	-3.42Cr	50Cr	-13Cr	-15Cr
Foreign Exchange Rate Adjustments	-2L	-6L	-9L	-7L	-2L
Net Change in Cash	11Cr	-9.76Cr	-91.37L	-20.26L	-6L
Supplemental Items
Cash Interest Paid	13.61L	11.69L	1.52Cr	3.57Cr	3.27Cr
Levered Free Cash Flow	5.6Cr	-8.88Cr	-53Cr	7.41Cr	7.86Cr
Unlevered Free Cash Flow	5.74Cr	-8.74Cr	-52Cr	9.88Cr	10Cr
Change In Net Working Capital	-11.93L	47.77L	-22.06L	25.98L	10.58L
Net Debt Issued / Repaid	-4.5Cr	-	44Cr	-6.25Cr	-8Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.04	4.32	2.1	1.9	2.35
Return on Total Capital	3.07	4.44	2.15	1.93	2.38
Return On Equity %	2.29	4.49	7.71	2.95	1.07
Return on Common Equity	2.29	4.49	7.81	2.93	1
Margin Analysis
Gross Profit Margin %	78.95	78.57	79.29	83.95	84.65
SG&A Margin	8.96	8.88	9.01	8	10.15
EBITDA Margin %	70.52	70.1	70.59	76.28	75.64
EBITA Margin %	33.29	38.25	29.36	33.11	40.29
EBIT Margin %	33.29	38.25	29.36	33.11	40.29
Income From Continuing Operations Margin %	14.85	24.05	52.75	23.78	8.79
Net Income Margin %	14.85	24.05	52.69	23.22	8.11
Net Avail. For Common Margin %	14.85	24.05	52.69	23.22	8.11
Normalized Net Income Margin	19.02	25.31	9.51	9.64	12.73
Levered Free Cash Flow Margin	60.24	-77.28	-359.48	41.25	44.59
Unlevered Free Cash Flow Margin	61.65	-76.12	-352.22	55	57.01
Asset Turnover
Asset Turnover	0.15	0.18	0.11	0.09	0.09
Fixed Assets Turnover	0.25	0.28	0.13	0.11	0.12
Receivables Turnover (Average Receivables)	11.91	11.4	9.91	10.75	10.43
Short Term Liquidity
Current Ratio	36.22	4.57	1.72	3.32	1.95
Quick Ratio	36	3.85	1.69	3.05	1.94
Operating Cash Flow to Current Liabilities	19.11	11.04	5.62	9.43	8.34
Days Sales Outstanding (Average Receivables)	30.73	32.02	36.84	33.95	35.09
Average Days Payable Outstanding	68.22	79.93	35.8	60.45	72.44
Long Term Solvency
Total Debt/Equity	0.45	0.44	34.66	31.19	25.6
Total Debt / Total Capital	0.45	0.43	25.74	23.77	20.39
LT Debt/Equity	0.45	0.44	34.66	31.1	25.43
Long-Term Debt / Total Capital	0.45	0.43	25.74	23.71	20.24
Total Liabilities / Total Assets	1.81	4.55	27.01	24.72	21.66
EBIT / Interest Expense	14.7	20.58	2.53	1.5	2.03
EBITDA / Interest Expense	31.13	37.71	6.07	3.47	3.81
(EBITDA - Capex) / Interest Expense	29.48	-33.81	-29.84	2.94	3.44
Total Debt / EBITDA	0.04	0.03	4.76	3.31	2.78
Net Debt / EBITDA	-1.72	-0.17	4.65	3.07	2.7
Total Debt / (EBITDA - Capex)	0.05	-0.04	-0.97	3.91	3.08
Net Debt / (EBITDA - Capex)	-1.82	0.19	-0.95	3.62	2.99
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	4.02	23.47	29.49	20.78	-1.87
Gross Profit, 1 Yr. Growth %	12.58	22.87	30.68	27.88	-1.05
EBITDA, 1 Yr. Growth %	16.49	22.75	30.4	30.5	-2.69
EBITA, 1 Yr. Growth %	88.18	41.85	-0.6	36.17	16.26
EBIT, 1 Yr. Growth %	88.18	41.85	-0.6	36.17	16.26
Earnings From Cont. Operations, 1 Yr. Growth %	-15.73	99.91	184.01	-45.56	-63.7
Net Income, 1 Yr. Growth %	-15.73	99.91	183.69	-46.76	-65.74
Normalized Net Income, 1 Yr. Growth %	108.88	64.31	-51.32	22.36	104.98
Diluted EPS Before Extra, 1 Yr. Growth %	-22.22	100	135.72	-57.58	-65.68
Accounts Receivable, 1 Yr. Growth %	5.26	51.59	55.31	-17.03	23.06
Net Property, Plant and Equip., 1 Yr. Growth %	-9.88	32.82	276.07	-12.4	-4.55
Total Assets, 1 Yr. Growth %	4.29	-4.47	218.07	-2.2	-4.21
Tangible Book Value, 1 Yr. Growth %	11.78	-7.13	138.71	1.01	-0.23
Common Equity, 1 Yr. Growth %	11.78	-7.13	138.71	1.01	-0.23
Cash From Operations, 1 Yr. Growth %	14.44	23.66	31.77	42.87	-11.38
Capital Expenditures, 1 Yr. Growth %	-94.33	4.29T	306.55	-96.63	-37.93
Levered Free Cash Flow, 1 Yr. Growth %	-538.58	-258.4	538.32	-113.86	6.96
Unlevered Free Cash Flow, 1 Yr. Growth %	-641.72	-252.44	535.55	-118.86	2.35
Dividend Per Share, 1 Yr. Growth %	-	-	274.02	2.48	-8.22
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	12.77	13.33	26.45	25.06	8.87
Gross Profit, 2 Yr. CAGR %	17.95	17.61	26.72	29.27	12.49
EBITDA, 2 Yr. CAGR %	20.7	19.58	26.52	30.45	12.69
EBITA, 2 Yr. CAGR %	58.1	63.38	18.75	16.34	27.53
EBIT, 2 Yr. CAGR %	58.1	63.38	18.75	16.34	27.53
Earnings From Cont. Operations, 2 Yr. CAGR %	53.4	29.79	138.28	24.35	-55.54
Net Income, 2 Yr. CAGR %	53.4	29.79	138.15	22.89	-57.29
Normalized Net Income, 2 Yr. CAGR %	80.66	85.26	-10.57	-22.82	25.94
Diluted EPS Before Extra, 2 Yr. CAGR %	52.75	24.72	117.12	0	-61.84
Accounts Receivable, 2 Yr. CAGR %	27.67	26.32	51	13.52	1.04
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.02	9	123.49	81.51	-8.56
Total Assets, 2 Yr. CAGR %	5.05	-0.19	74.31	76.38	-3.21
Tangible Book Value, 2 Yr. CAGR %	4.59	1.89	48.89	55.28	0.39
Common Equity, 2 Yr. CAGR %	4.59	1.89	48.89	55.28	0.39
Cash From Operations, 2 Yr. CAGR %	17.44	18.96	27.65	37.21	12.53
Capital Expenditures, 2 Yr. CAGR %	-72.52	57.84	1.24T	-62.97	-85.53
Levered Free Cash Flow, 2 Yr. CAGR %	294.93	163.58	208.89	-5.94	-61.66
Unlevered Free Cash Flow, 2 Yr. CAGR %	373.82	187.37	202.23	9.48	-56.2
Dividend Per Share, 2 Yr. CAGR %	-	-	-	95.78	-3.01
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.86	16.23	18.48	24.53	15.35
Gross Profit, 3 Yr. CAGR %	14.83	19.57	21.82	27.1	18.25
EBITDA, 3 Yr. CAGR %	15.3	21.38	23.08	27.83	18.31
EBITA, 3 Yr. CAGR %	118.48	52.49	38.44	24.29	17.37
EBIT, 3 Yr. CAGR %	118.48	52.49	38.44	24.29	17.37
Earnings From Cont. Operations, 3 Yr. CAGR %	9.45	67.55	68.5	45.67	-17.51
Net Income, 3 Yr. CAGR %	9.45	67.55	68.44	44.53	-19.72
Normalized Net Income, 3 Yr. CAGR %	47.69	75.04	18.66	-0.72	-8.26
Diluted EPS Before Extra, 3 Yr. CAGR %	5.27	67.11	54.2	25.99	-29.99
Accounts Receivable, 3 Yr. CAGR %	1.91	35.19	33.88	23.67	16.61
Net Property, Plant and Equip., 3 Yr. CAGR %	-0.8	8.17	64.7	63.56	46.5
Total Assets, 3 Yr. CAGR %	-0.56	1.78	46.88	43.77	43.9
Tangible Book Value, 3 Yr. CAGR %	-0.7	0.53	35.32	30.83	33.99
Common Equity, 3 Yr. CAGR %	-0.7	0.53	35.32	30.83	33.99
Cash From Operations, 3 Yr. CAGR %	13.59	19.48	23.08	32.53	18.61
Capital Expenditures, 3 Yr. CAGR %	-7.62	49.14	116.37	81.96	-56.01
Levered Free Cash Flow, 3 Yr. CAGR %	11.03	191.25	247.18	9.76	-2.1
Unlevered Free Cash Flow, 3 Yr. CAGR %	10.68	224.67	267.12	19.88	6.83
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	52.09
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.05	12.99	16.85	19.68	14.54
Gross Profit, 5 Yr. CAGR %	16.14	15.2	19.45	23.36	18
EBITDA, 5 Yr. CAGR %	17.51	15.21	19.66	24.93	18.82
EBITA, 5 Yr. CAGR %	2.11	36.47	71.19	36.85	33.97
EBIT, 5 Yr. CAGR %	2.11	36.47	71.19	36.85	33.97
Earnings From Cont. Operations, 5 Yr. CAGR %	-20.33	1.81	49.41	48.71	-1.11
Net Income, 5 Yr. CAGR %	-20.33	1.81	49.37	48.01	-2.71
Normalized Net Income, 5 Yr. CAGR %	1.37	43.32	20.84	26.15	21.52
Diluted EPS Before Extra, 5 Yr. CAGR %	-27.93	-3.81	40.63	36.08	-11.8
Accounts Receivable, 5 Yr. CAGR %	15.63	12.76	19.27	25.26	19.63
Net Property, Plant and Equip., 5 Yr. CAGR %	-2.81	3.29	37.07	33.05	30.16
Total Assets, 5 Yr. CAGR %	5.52	3.03	24.47	26.81	24.31
Tangible Book Value, 5 Yr. CAGR %	9.65	2.36	16.77	19.62	20.09
Common Equity, 5 Yr. CAGR %	9.65	2.36	16.77	19.62	20.09
Cash From Operations, 5 Yr. CAGR %	16.32	15.79	19.02	26.28	18.75
Capital Expenditures, 5 Yr. CAGR %	-56.27	69.84	168.98	-14.57	-26.66
Levered Free Cash Flow, 5 Yr. CAGR %	-20.17	33.05	67.18	83.18	43.82
Unlevered Free Cash Flow, 5 Yr. CAGR %	-19.74	31.13	65.41	107.72	56.85