Income Statement SolGold Plc

Equities

SOLG

GB00B0WD0R35

Diversified Mining

Market Closed - London S.E. Other stock markets 01:00:00 04/03/2026 pm IST			5-day change	1st Jan Change
27.95 ^GBX	0.00%		0.00%	+1.27%

06/03	Solgold plc Announces Termination of Charles Lansley Joseland as Director, Effective March 4, 2026	CI
06/03	Solgold plc Announces Termination of Scott Andrew Caldwell as Director, Effective March 4, 2026	CI

02d7240b2a438e09067a66f362a91cc.fqGY1svM2KtV97-AnwkXH-c2ybkbsvoF4LqVFk9ReuU.LPn1nbmmlNJno4y32UQldKVikN9Y4Ldjh8P2IyVnN483z9XjqJSL_gO95g

Published financial data: SOLGOLD PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Selling General & Admin Expenses, Total	1.29Cr	1.76Cr	2.51Cr	1.39Cr	1.41Cr
Stock-Based Compensation (IS)	-	-	-	-	-
Impairment of Oil, Gas & Mineral Properties - (IS)	4.35T	38.58L	-27.21L	82.77L	3L
Other Operating Expenses, Total	1.29Cr	2.14Cr	2.24Cr	2.22Cr	1.44Cr
Operating Income	-1.29Cr	-2.14Cr	-2.24Cr	-2.22Cr	-1.44Cr
Interest Expense, Total	-1.01Cr	-1.26Cr	-1.32Cr	-1.83Cr	-2.2Cr
Interest And Investment Income	5L	8L	94.06T	3L	3L
Net Interest Expenses	-96.07L	-1.17Cr	-1.31Cr	-1.8Cr	-2.16Cr
Currency Exchange Gains (Loss)	-	3L	-	-	-
Other Non Operating Income (Expenses)	-4L	3.57Cr	22.69L	-2.35Cr	3L
EBT, Excl. Unusual Items	-2.28Cr	28.24L	-3.33Cr	-6.37Cr	-3.58Cr
Merger & Related Restructuring Charges	-	-	-1.61Cr	13.79L	-
Gain (Loss) On Sale Of Assets	38.56T	14.62T	-	-	-
Other Unusual Items	43.46T	-	-	-	-
EBT, Incl. Unusual Items	-2.27Cr	28.39L	-4.93Cr	-6.23Cr	-3.58Cr
Income Tax Expense	2L	45.4L	11.3L	-20.14L	5L
Earnings From Continuing Operations	-2.29Cr	-17.02L	-5.04Cr	-6.03Cr	-3.62Cr
Net Income to Company	-2.29Cr	-17.02L	-5.04Cr	-6.03Cr	-3.62Cr
Minority Interest	81.76T	1L	1L	-	-
Net Income - (IS)	-2.28Cr	-15.87L	-5.03Cr	-6.03Cr	-3.62Cr
Net Income to Common Incl Extra Items	-2.28Cr	-15.87L	-5.03Cr	-6.03Cr	-3.62Cr
Net Income to Common Excl. Extra Items	-2.28Cr	-15.87L	-5.03Cr	-6.03Cr	-3.62Cr
Per Share Items
Net EPS - Basic	-0.01	-0	-0.02	-0.02	-0.01
Basic EPS - Continuing Operations	-0.01	-0	-0.02	-0.02	-0.01
Basic Weighted Average Shares Outstanding	211.58Cr	229.38Cr	257.68Cr	300.11Cr	300.11Cr
Net EPS - Diluted	-0.01	-0	-0.02	-0.02	-0.01
Diluted EPS - Continuing Operations	-0.01	-0	-0.02	-0.02	-0.01
Diluted Weighted Average Shares Outstanding	211.58Cr	229.38Cr	257.68Cr	300.11Cr	300.11Cr
Normalized Basic EPS	-0.01	0	-0.01	-0.01	-0.01
Normalized Diluted EPS	-0.01	0	-0.01	-0.01	-0.01
Supplemental Items
EBITDA	-1.23Cr	-1.7Cr	-2.21Cr	-1.35Cr	-1.39Cr
EBITA	-1.29Cr	-2.14Cr	-2.24Cr	-2.22Cr	-1.44Cr
EBIT	-1.29Cr	-2.14Cr	-2.24Cr	-2.22Cr	-1.44Cr
EBITDAR	-	-1.71Cr	-2.22Cr	-1.39Cr	-
Effective Tax Rate - (Ratio)	-0.66	159.95	-2.29	3.23	-1.38
Total Deferred Taxes	2L	-	-	-	-
Normalized Net Income	-1.42Cr	18.79L	-2.07Cr	-3.98Cr	-2.23Cr
Interest Capitalized	-	-	185	-	-
Interest on Long-Term Debt	67.73T	1.26Cr	1.32Cr	1.78Cr	2.18Cr
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	1.29Cr	1.76Cr	2.51Cr	1.39Cr	1.41Cr
Net Rental Expense, Total	-	-2L	-1L	-4L	-
Imputed Operating Lease Interest Expense	-	-2L	-1L	-3L	-
Imputed Operating Lease Depreciation	-	8.44T	-11.2T	-60.48T	-
Stock-Based Comp., G&A Exp. (Total)	3L	5L	10L	21.55L	22.4L
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	3L	5L	10L	21.55L	22.4L

Fiscal Period: June	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	11Cr	2.61Cr	3.25Cr	60.28L	1.18Cr
Total Cash And Short Term Investments	11Cr	2.61Cr	3.25Cr	60.28L	1.18Cr
Accounts Receivable, Total	68.08L	18.08L	-	-	-
Other Receivables	4L	25.92L	67.19L	17.44L	7L
Notes Receivable	64.96L	35.53L	21L	11.52L	10L
Total Receivables	1.37Cr	79.54L	88.19L	28.96L	16.42L
Prepaid Expenses	12.2L	3L	2L	2L	7L
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	12Cr	3.44Cr	4.15Cr	91.69L	1.42Cr
Gross Property Plant And Equipment	1.91Cr	2.64Cr	2.86Cr	2.84Cr	2.72Cr
Accumulated Depreciation	-34.32L	-43.3L	-49.53L	-54.09L	-42.64L
Net Property Plant And Equipment	1.57Cr	2.21Cr	2.37Cr	2.3Cr	2.29Cr
Long-term Investments	68.25L	53.52L	5.33T	-	-
Other Intangibles, Total	31Cr	37Cr	41Cr	43Cr	45Cr
Loans Receivable Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	14.57L	17.49L	17.29L	61.14L	60.7L
Total Assets	46Cr	43Cr	48Cr	46Cr	49Cr
Liabilities
Accounts Payable, Total	8L	12.94L	22.25L	16.84L	17.22L
Accrued Expenses, Total	31.75L	24.6L	42.55L	14.96L	20.69L
Short-term Borrowings	-	-	-	1Cr	-
Current Portion of Leases	3L	4L	4L	70.51T	19.46T
Other Current Liabilities	38.34L	27.54L	69.26L	40.4L	31.78L
Total Current Liabilities	81.83L	69.24L	1.38Cr	1.73Cr	69.89L
Long-Term Debt	11Cr	8.41Cr	15Cr	19Cr	21Cr
Long-Term Leases	6L	3L	2L	1L	20.21T
Unearned Revenue Non Current	-	-	-	-	3.47Cr
Pension & Other Post Retirement Benefits	-	-	-	-	9L
Deferred Tax Liability Non Current	-	42L	42L	17.81L	11.46L
Other Non Current Liabilities	29.26L	23.87L	2L	10.77L	-
Total Liabilities	12Cr	9.79Cr	17Cr	21Cr	25Cr
Common Stock, Total	3.24Cr	3.24Cr	4.05Cr	4.05Cr	4.05Cr
Additional Paid In Capital	43Cr	43Cr	46Cr	46Cr	46Cr
Retained Earnings	-14Cr	-13Cr	-25Cr	-31Cr	-35Cr
Treasury Stock	-	-	-2.54Cr	-2.54Cr	-
Comprehensive Income and Other	2.23Cr	58.83L	8.5Cr	8.59Cr	8.8Cr
Total Common Equity	34Cr	33Cr	31Cr	25Cr	24Cr
Minority Interest	-6L	-11.91L	-	-	-
Total Equity	34Cr	33Cr	31Cr	25Cr	24Cr
Total Liabilities And Equity	46Cr	43Cr	48Cr	46Cr	49Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	229.38Cr	229.61Cr	300.11Cr	300.11Cr	300.11Cr
ECS Total Common Shares Outstanding	229.38Cr	229.38Cr	300.11Cr	300.11Cr	300.11Cr
Book Value / Share	0.15	0.14	0.1	0.08	0.08
Tangible Book Value	3.08Cr	-3.31Cr	-9.85Cr	-17Cr	-21Cr
Tangible Book Value Per Share	0.01	-0.01	-0.03	-0.06	-0.07
Total Debt	11Cr	8.48Cr	15Cr	20Cr	21Cr
Net Debt	-20.45L	5.87Cr	12Cr	19Cr	20Cr
Debt Equivalent Oper. Leases	-	-14.78L	-10L	-31.18L	-
Minority Interest, Total (Incl. Fin. Div)	-6L	-11.91L	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	1.34Cr	2.04Cr	2.23Cr	2.24Cr	2.26Cr
Machinery, Total	22.68L	23.08L	25.54L	60.48L	45.55L
Full Time Employees	493	530	461	288	227

Fiscal Period: June	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-2.28Cr	-15.87L	-5.03Cr	-6.03Cr	-3.62Cr
Depreciation & Amortization - CF	6L	6L	3L	4L	1L
Impairment of Oil, Gas & Mineral Properties - (CF)	4.35T	38.58L	-27.21L	82.77L	3L
Depreciation & Amortization, Total	6L	44.77L	-24.23L	86.83L	4L
(Gain) Loss From Sale Of Asset	-	-	-	88.91T	-
Provision for Credit Losses	-	-	14.33L	9L	2L
Stock-Based Compensation (CF)	3L	5L	10L	21.55L	22.4L
Other Operating Activities, Total	85.02L	-1.77Cr	1.04Cr	3.95Cr	5.43Cr
Change In Accounts Receivable	-8L	29.79L	6L	4L	-10L
Change In Accounts Payable	1L	4L	56.62L	-17.22L	2L
Change in Other Net Operating Assets	-	-	-	-	-7L
Cash from Operations	-1.4Cr	-1.1Cr	-3.37Cr	-1.02Cr	1.94Cr
Capital Expenditure	-62.8L	-21.96L	-16.7L	-2L	-3L
Cash Acquisitions	-	-	10.47L	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	1L	6L
Net (Increase) Decrease in Loans Originated / Sold - Investing	10.65L	-	-	-	-
Other Investing Activities, Total	-7.65Cr	-6.95Cr	-4.33Cr	-2.51Cr	-2.19Cr
Cash from Investing	-8.18Cr	-7.17Cr	-4.39Cr	-2.52Cr	-2.16Cr
Short Term Debt Issued, Total	-	-	-	1Cr	-
Long-Term Debt Issued, Total	8.44Cr	-	5Cr	-	-
Total Debt Issued	8.44Cr	-	5Cr	1Cr	-
Short Term Debt Repaid, Total	-	-	-	-	-1.02Cr
Long-Term Debt Repaid, Total	-4L	-4L	-2L	-5L	-1L
Total Debt Repaid	-4L	-4L	-2L	-5L	-1.04Cr
Issuance of Common Stock	7.61Cr	-	3.6Cr	-	-
Other Financing Activities, Total	-26.52L	-37.03T	-16.6L	-5L	1.8Cr
Cash from Financing	16Cr	-5L	8.41Cr	90.53L	76.48L
Foreign Exchange Rate Adjustments	10.77L	-3L	-1L	-19.84T	4L
Net Change in Cash	6.27Cr	-8.35Cr	63.79L	-2.65Cr	58.12L
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Levered Free Cash Flow	-3Cr	-1.61Cr	-1.92Cr	-1.5Cr	-1.98Cr
Unlevered Free Cash Flow	-2.37Cr	-82.43L	-1.09Cr	-35.7L	-60.25L
Change In Net Working Capital	1.03Cr	-24.14L	-61.72L	3L	-6L
Net Debt Issued / Repaid	8.39Cr	-4L	4.98Cr	95.47L	-1.04Cr

Fiscal Period: June	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-2.11	-3.04	-3.09	-2.94	-1.88
Return on Total Capital	-2.16	-3.12	-3.2	-3.03	-1.99
Return On Equity %	-7.38	-0.51	-15.66	-21.25	-14.69
Return on Common Equity	-7.34	-0.48	-15.6	-21.25	-14.69
Short Term Liquidity
Current Ratio	15.22	4.97	3.01	0.53	2.03
Quick Ratio	14.27	4.41	2.84	0.45	1.79
Operating Cash Flow to Current Liabilities	-1.72	-1.59	-2.44	-0.59	2.78
Long Term Solvency
Total Debt/Equity	31.75	25.61	47.16	78.22	88.18
Total Debt / Total Capital	24.1	20.39	32.05	43.89	46.86
LT Debt/Equity	31.65	25.48	47.04	74.26	88.18
Long-Term Debt / Total Capital	24.02	20.29	31.96	41.67	46.86
Total Liabilities / Total Assets	25.89	22.82	34.58	45.11	51.57
EBIT / Interest Expense	-1.28	-1.7	-1.7	-1.21	-0.65
EBITDA / Interest Expense	-1.22	-1.35	-1.68	-0.74	-0.63
(EBITDA - Capex) / Interest Expense	-1.84	-1.52	-1.8	-0.75	-0.65
Total Debt / EBITDA	-8.76	-5	-6.67	-14.76	-15.11
Net Debt / EBITDA	0.17	-3.46	-5.2	-14.31	-14.26
Total Debt / (EBITDA - Capex)	-5.79	-4.43	-6.2	-14.5	-14.81
Net Debt / (EBITDA - Capex)	0.11	-3.07	-4.84	-14.06	-13.98
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	-4.69	38.05	30.51	-39.01	3.39
EBITA, 1 Yr. Growth %	-6.68	55.9	4.65	-1.1	-35.14
EBIT, 1 Yr. Growth %	-6.68	55.9	4.65	-1.1	-35.14
Earnings From Cont. Operations, 1 Yr. Growth %	62.09	-92.84	2.86T	19.55	-39.89
Net Income, 1 Yr. Growth %	62.15	-93.26	3.07T	19.79	-39.89
Normalized Net Income, 1 Yr. Growth %	75.49	-112.91	-1.2T	92.49	-43.86
Diluted EPS Before Extra, 1 Yr. Growth %	48.62	-91.03	1.9T	0.46	-39.89
Accounts Receivable, 1 Yr. Growth %	222.54	-50.69	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	4.96	17.33	7.18	-2.77	-0.45
Total Assets, 1 Yr. Growth %	48.93	-5.17	11.46	-3.03	6.38
Tangible Book Value, 1 Yr. Growth %	-41.09	-205.2	197.25	73.52	23.61
Common Equity, 1 Yr. Growth %	20.08	-0.87	-5.87	-18.64	-6.14
Cash From Operations, 1 Yr. Growth %	54.41	-16.02	205.86	-69.58	-289.59
Capital Expenditures, 1 Yr. Growth %	28.19	-65.04	-23.93	-85.54	14.58
Levered Free Cash Flow, 1 Yr. Growth %	146.47	-39.83	19.16	-21.75	31.64
Unlevered Free Cash Flow, 1 Yr. Growth %	99.14	-59.72	32.69	-67.36	68.76
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	-39.06	14.7	34.23	-10.78	-20.59
EBITA, 2 Yr. CAGR %	-37.9	24.67	27.73	1.73	-19.91
EBIT, 2 Yr. CAGR %	-37.9	24.67	27.73	1.73	-19.91
Earnings From Cont. Operations, 2 Yr. CAGR %	-15.51	-65.29	45.66	495.3	-15.23
Net Income, 2 Yr. CAGR %	-15.49	-66.41	46.17	516.31	-15.14
Normalized Net Income, 2 Yr. CAGR %	-16.41	-51.78	19.22	359.16	3.95
Diluted EPS Before Extra, 2 Yr. CAGR %	-21.83	-63.26	34.03	348.47	-22.29
Accounts Receivable, 2 Yr. CAGR %	-	-7.45	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	33.13	21.58	12.14	2.08	-1.62
Total Assets, 2 Yr. CAGR %	36.64	18.27	2.81	3.96	1.56
Tangible Book Value, 2 Yr. CAGR %	-29.07	-20.34	76.84	127.11	46.46
Common Equity, 2 Yr. CAGR %	19.22	8.48	-3.4	-12.48	-12.61
Cash From Operations, 2 Yr. CAGR %	27.52	9.99	60.27	-3.53	-24.05
Capital Expenditures, 2 Yr. CAGR %	5.69	-33.05	-48.43	-66.84	-59.3
Levered Free Cash Flow, 2 Yr. CAGR %	244.8	15.02	-15.32	-3.43	1.5
Unlevered Free Cash Flow, 2 Yr. CAGR %	206.53	-16.78	-26.9	-34.19	-25.78
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	0.72	-19.97	19.75	3.19	-6.29
EBITA, 3 Yr. CAGR %	1.34	-13.72	17.6	17.29	-12.44
EBIT, 3 Yr. CAGR %	1.34	-13.72	17.6	17.29	-12.44
Earnings From Cont. Operations, 3 Yr. CAGR %	14.74	-62.42	52.85	36.38	177.21
Net Income, 3 Yr. CAGR %	14.93	-63.23	52.95	36.79	183.7
Normalized Net Income, 3 Yr. CAGR %	24.92	-54.76	36.78	39.86	127.89
Diluted EPS Before Extra, 3 Yr. CAGR %	5.86	-61.86	39.29	21.75	129.51
Net Property, Plant and Equip., 3 Yr. CAGR %	-47.59	35.65	16.57	6.93	1.23
Total Assets, 3 Yr. CAGR %	37.03	20.59	15.96	0.82	4.76
Tangible Book Value, 3 Yr. CAGR %	-43.53	-18.48	23.55	75.72	85.43
Common Equity, 3 Yr. CAGR %	25.67	11.68	3.47	-8.77	-10.42
Cash From Operations, 3 Yr. CAGR %	28.69	8.41	54.67	-7.89	20.83
Capital Expenditures, 3 Yr. CAGR %	46.84	-26.9	-30.14	-66.25	-49.87
Levered Free Cash Flow, 3 Yr. CAGR %	168.44	85.49	16.38	-17.52	7.07
Unlevered Free Cash Flow, 3 Yr. CAGR %	148.18	48.39	-2.78	-44.13	-9.92
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	45.19	24.59	12.98	-16.41	1.6
EBITA, 5 Yr. CAGR %	33.1	30.4	12.65	-7.84	0.85
EBIT, 5 Yr. CAGR %	33.1	30.4	12.65	-7.84	0.85
Earnings From Cont. Operations, 5 Yr. CAGR %	39.78	-11.31	27.19	13.46	20.75
Net Income, 5 Yr. CAGR %	40.97	-12.21	27.35	13.55	20.84
Normalized Net Income, 5 Yr. CAGR %	41.63	-11.84	23.24	14.42	22.56
Diluted EPS Before Extra, 5 Yr. CAGR %	15.95	-15.27	16.62	2.22	10.29
Net Property, Plant and Equip., 5 Yr. CAGR %	-12.79	-12.22	-26.31	21.07	8.93
Total Assets, 5 Yr. CAGR %	69.55	30.16	21.92	13.64	9.97
Tangible Book Value, 5 Yr. CAGR %	3.32	-21.78	-10.43	22.82	32.25
Common Equity, 5 Yr. CAGR %	66.97	24.06	12.86	1.3	-3.29
Cash From Operations, 5 Yr. CAGR %	44.49	26.68	38.56	3.46	16.37
Capital Expenditures, 5 Yr. CAGR %	5.24	17.23	-3.38	-46.72	-43.72
Levered Free Cash Flow, 5 Yr. CAGR %	44.81	29.35	65.38	42.86	10.18
Unlevered Free Cash Flow, 5 Yr. CAGR %	38.81	13.3	47.8	7.19	-12.73