N/A GOLD RESOURCE CORP

Overview and Growth

Fiscal 2025 results for GOLD RESOURCE CORP combined $99.76M of revenue with net loss of $6.46M and an operating cash inflow of $21.70M. The $99.76M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $65.73M in fiscal 2024, revenue recorded a 51.8% year-over-year increase. The company reported diluted EPS of -$0.05, adding a shareholder-level measure to the absolute income figures considered below. A diluted share base of 137.32M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. The company employed $184.06M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Revenue equaled 0.54x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

The first profit layer was $26.78M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross profit represented 26.8% of revenue, showing how much of the top line remained after direct costs. The reported operating result was an operating loss of $3.05M, reflecting costs that exceeded gross profit. Relative to revenue, the operating deficit measured 3.1%, showing the shortfall after operating costs. After all below-operating-line items, the company recorded a net loss of $6.46M for the fiscal year. The net loss equaled 6.5% of revenue, showing the bottom-line deficit relative to the company’s sales base. EBITDA was $9.15M, adding a pre-interest, tax, depreciation, and amortization view of the company’s earnings capacity. The reported income-tax provision was $3.41M, the amount recognized between pretax income and the final net-income result. Relative to period-end equity, the net loss represented 14.7%. The loss-to-assets relationship was 3.5%, placing the bottom-line deficit against the company’s resource base. The net loss narrowed to $6.46M from $56.50M in fiscal 2024.

Liquidity and Capital Structure

At period end, the $184.06M asset base was financed through $140.03M of liabilities and $44.03M of equity. Current assets were $49.28M against $17.26M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 2.85x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Reported cash and equivalents were $25.01M, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 144.9%, excluding receivables and other current assets. Book equity represented 23.9% of total assets, quantifying the balance-sheet share supported by shareholder capital. The liabilities-to-assets relationship was 76.1%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 13.6% of total assets, showing the liquid cash component within the company’s broader resource base. Total assets were 26.2% higher than fiscal 2024 assets of $145.87M, measuring the company’s own balance-sheet change. Book equity was 61.4% higher than fiscal 2024 equity of $27.28M, showing how shareholder capital changed year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $21.70M, a reported cash inflow that can be compared directly with net income and capital spending. Capital expenditures used $21.06M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 97.0% of operating cash flow, leaving the remainder available as free cash flow. Free cash flow came to $644.00K, leaving a positive amount after capital expenditures. Relative to revenue, free cash flow equaled 0.6%, showing how much sales converted into cash after investment. Measured against total assets, free cash flow represented 0.3%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.