IAUX NYSE Gold And Silver Ores Financials FY2023βFY2025
i-80 Gold Corp. had $95.2M of revenue in fiscal 2025, up 89.1% on the year before.
Last close Β· Oct 23, 2026
$1.45
0.0%Hi! I read i-80 Gold Corp.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+89.1%
Yes. Sales grew 89.1% last year.
Does it make a profit?
β208.9%
No. It lost money last year.
Does profit turn into cash?
β97.9%
No. It spent more cash than it brought in.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· i-80 Gold Corp. had $95.2M of revenue in fiscal 2025, up 89.1% on the year before. Its operating margin was β130.7%, up 46.3Β pts: of every 100 in sales, about β131 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· i-80 Gold Corp. lost $199M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$93.2M in fiscal 2025, β97.9% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders bought $3.2M and sold $0.1M of shares on the open market.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$3.2M
5 insiders
Sold, 12 months
$0.1M
1 insider
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 2, 2026 | John Arthur BegemanDirector | Sold | 19,231 | $1.74 | $0.0M | Form 4 |
| Aug 18, 2026 | David Roger SavarieEVP, General Counsel | Bought | 4,575 | $1.59 | $0.0M | Form 4 |
| Aug 18, 2026 | Richard Scott YoungPresident and CEO, Director | Bought | 1,000,000 | $1.62 | $1.6M | Form 4 |
| May 28, 2026 | John Arthur BegemanDirector | Sold | 24,356 | $1.59 | $0.0M | Form 4 |
| May 15, 2026 | Steven W. YoppsDirector | Bought | 50,000 | $1.47 | $0.1M | Form 4 |
| Mar 30, 2026 | John William SeamanDirector | Bought | 32,000 | $1.42 | $0.0M | Form 4 |
| Mar 25, 2026 | David Roger SavarieEVP, General Counsel | Bought | 6,500 | $1.40 | $0.0M | Form 4 |
| Mar 25, 2026 | Richard Scott YoungPresident and CEO, Director | Bought | 1,000,000 | $1.40 | $1.4M | Form 4 |
| Mar 25, 2026 | Ronald Butler JrDirector | Bought | 17,730 | $1.41 | $0.0M | Form 4 |
| Dec 9, 2025 | John William SeamanDirector | Bought | 20,000 | $1.30 | $0.0M | Form 4 |
| Nov 25, 2025 | John William SeamanDirector | Bought | 30,000 | $1.03 | $0.0M | Form 4 |
| Nov 17, 2025 | David Roger SavarieSVP, General Counsel | Bought | 5,000 | $1.05 | $0.0M | Form 4 |
Can it carry its debts, and how well does it use its money?
KIRA Β· i-80 Gold Corp. owes $111M more than it holds in cash.
Cash, debt and the ratios that show how comfortably i-80 Gold Corp. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY23 | FY24 | FY25 |
|---|---|---|---|
| Cash and short-term investments | $16.3M | $19.0M | $63.2M |
| Debt incl. finance leases | $194M | $191M | $175M |
| Debt / equity | 0.6x | 0.6x | 0.5x |
| Interest coverage | β3.7x | β2.7x | β4.2x |
| Current ratio | 0.6x | 0.6x | 0.7x |
| Quick ratio | 0.4x | 0.4x | 0.5x |
| Total assets | $654M | $656M | $703M |
| Total liabilities | $309M | $315M | $357M |
| Shareholders' equity | $345M | $341M | $347M |
| Net debt (β = net cash) | $178M | $172M | $111M |
KIRA Β· Its return on capital was β21.4%: every 100 invested in the business earned about β21 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· i-80 Gold Corp. passes 5 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | β | β | β |
| Cash from operations is positive | β | β | β |
| Return on assets rose | β | β | β |
| Cash from operations exceeds net income | β | β | β |
| Debt fell relative to assets | β | β | β |
| Current ratio rose | β | β | β |
| Share count didn't rise | β | β | β |
| Gross margin rose | β | β | β |
| Revenue rose relative to assets | β | β | β |
| F-score | β / 3 | 2 / 9 | 5 / 9 |
| Accruals ratio | β1.9% | β6.0% | β17.0% |
| Altman Z'' | β0.93 | β1.51 | β2.76 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Income statement | |||
| Revenue | $54.9M | $50.3M | $95.2M |
| Gross profit | β$5.1M | β$15.7M | $11.5M |
| Operating income | β$101M | β$89.1M | β$124M |
| Interest expense | $27.3M | $32.5M | $29.6M |
| Pretax income | β$92.9M | β$120M | β$202M |
| Income tax | β$3.2M | $1.5M | β$3.3M |
| Net income | β$89.7M | β$122M | β$199M |
| Net income to common | β$89.7M | β$122M | β$199M |
| Diluted EPS | β$0.33 | β$0.34 | β$0.30 |
| Diluted shares | 0.27B | 0.36B | 0.67B |
| Cash flow | |||
| Cash from operations | β$77.5M | β$82.5M | β$83.6M |
| Capital expenditure | $17.4M | $2.0M | $9.6M |
| Free cash flow | β$94.9M | β$84.5M | β$93.2M |
| Depreciation and amortization | $8.7M | $3.2M | β |
| Stock-based compensation | $2.3M | $0.6M | $9.1M |
| Acquisitions | β$10.0M | $0.0M | β |
| Balance sheet | |||
| Cash and short-term investments | $16.3M | $19.0M | $63.2M |
| Total debt | $194M | $191M | $175M |
| Current assets | $39.8M | $42.3M | $100M |
| Current liabilities | $65.2M | $74.1M | $138M |
| Inventory | $11.4M | $15.3M | $29.3M |
| Total assets | $654M | $656M | $703M |
| Total liabilities | $309M | $315M | $357M |
| Shareholders' equity | $345M | $341M | $347M |
| Margins | |||
| Gross margin | β9.4% | β31.2% | 12.1% |
| Operating margin | β183.9% | β177.0% | β130.7% |
| EBITDA margin | β168.0% | β170.6% | β |
| Net margin | β163.3% | β241.4% | β208.9% |
| FCF margin | β172.8% | β167.9% | β97.9% |
| Returns | |||
| Return on capital | β15.2% | β13.7% | β21.4% |
| Return on capital employed | β17.1% | β15.3% | β22.0% |
| Return on equity | β26.0% | β35.4% | β57.9% |
| Return on assets | β13.7% | β18.6% | β29.3% |
| Return on tangible equity | β26.0% | β35.7% | β57.3% |
| Growth | |||
| Revenue growth | β | β8.3% | 89.1% |
| Share count change | β | 31.1% | 87.0% |
| Financial health | |||
| Debt / equity | 0.6x | 0.6x | 0.5x |
| Interest coverage | β3.7x | β2.7x | β4.2x |
| Current ratio | 0.6x | 0.6x | 0.7x |
| Quick ratio | 0.4x | 0.4x | 0.5x |
| Capital allocation | |||
| Capex / revenue | 31.7% | 4.0% | 10.1% |
| Stock comp / revenue | 4.2% | 1.1% | 9.6% |
| Quality scores | |||
| Piotroski F-score | β | 2.0 | 5.0 |
| Altman Z'' | β0.9 | β1.5 | β2.8 |
| Accruals ratio | β1.9% | β6.0% | β17.0% |
Source: SEC EDGAR XBRL filings (CIK 0001853962). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
