HYMC · Hycroft Mining Holding Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | $0 | $33.23M | $110.73M | $47.04M |
| Cost of Revenue | - | - | $0 | $53.59M | $163.34M | $109.62M |
| Gross Profit | - | - | $0 | ($20.36M) | ($52.60M) | ($62.58M) |
| R&D | $14.86M | $19.53M | $20.64M | $18.36M | - | - |
| SG&A | $14.48M | $14.47M | $12.67M | $14.37M | $14.62M | $21.08M |
| Total Operating Expenses | - | $33.94M | $45.55M | $33.13M | $31.31M | $26.79M |
| D&A | $2.02M | $2.23M | $2.81M | $3.36M | $8.43M | $5.89M |
| Operating Income | ($44.47M) | ($43.82M) | ($45.55M) | ($53.49M) | ($83.91M) | ($89.37M) |
| Interest Expense | $11.03M | $19.97M | $18.47M | $18.48M | $20.59M | $43.46M |
| Income Tax | $0 | $0 | $0 | $0 | ($1.53M) | $0 |
| Net Income | ($40.66M) | ($60.90M) | ($55.02M) | ($60.83M) | ($88.56M) | ($132.67M) |
| EPS - Basic | ($0.94) | ($2.63) | ($2.61) | ($3.60) | ($14.70) | ($38.10) |
| EPS - Diluted | ($0.94) | ($2.63) | ($2.61) | ($3.60) | ($14.70) | ($38.10) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $181.74M | $49.56M | $106.21M | $141.98M | $46.63M | $96.04M |
| Accounts Receivable | $609.0K | - | $0 | $2.77M | $0 | $426.0K |
| Inventory | $1.42M | $1.35M | $1.83M | $2.81M | $11.07M | $12.87M |
| Accounts Payable | - | - | - | - | - | $12.28M |
| Current Assets | $187.49M | $54.60M | $113.57M | $152.39M | $37.39M | $112.00M |
| Total Assets | $263.03M | $140.13M | $201.69M | $248.95M | $142.32M | $232.63M |
| Current Liabilities | $7.73M | $5.79M | $11.75M | $12.03M | $31.27M | $21.68M |
| Long-term Debt | $0 | $124.94M | $142.62M | $132.69M | $143.64M | $142.66M |
| Total Liabilities | $49.33M | $173.55M | $189.04M | $185.65M | $210.82M | $200.68M |
| Stockholders' Equity | $213.69M | ($33.41M) | $12.66M | $63.31M | ($68.49M) | $31.94M |
| Retained Earnings | ($826.73M) | ($786.07M) | ($725.17M) | ($670.15M) | ($609.32M) | ($517.04M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($82.87M) | ($35.90M) | ($41.45M) | ($34.85M) | ($37.04M) | ($110.51M) |
| Investing Cash Flow | $4.13M | $6.33M | ($507.0K) | $8.34M | ($6.87M) | ($31.12M) |
| Financing Cash Flow | $205.92M | ($25.92M) | ($1.46M) | $155.85M | ($5.49M) | $188.71M |
| CapEx | $564.0K | $1.25M | $1.07M | $951.0K | $6.99M | $33.44M |
| Free Cash Flow | ($83.44M) | ($37.15M) | ($42.52M) | ($35.81M) | ($44.03M) | ($143.95M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | -61.3% | -47.5% | -133.0% |
| Operating margin | - | - | - | -161.0% | -75.8% | -190.0% |
| EBITDA margin | - | - | - | -150.9% | -68.2% | -177.5% |
| Net margin | - | - | - | -183.1% | -80.0% | -282.0% |
| Free cash flow margin | - | - | - | -107.8% | -39.8% | -306.0% |
| FCF / Net income | 2.05 | 0.61 | 0.77 | 0.59 | 0.50 | 1.09 |
| R&D / Revenue | - | - | - | 55.2% | - | - |
| SG&A / Revenue | - | - | - | 43.2% | 13.2% | 44.8% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -15.5% | -43.5% | -27.3% | -24.4% | -62.2% | -57.0% |
| Return on equity | -19.0% | 182.2% | -434.8% | -96.1% | 129.3% | -415.3% |
| Return on invested capital | -16.4% | -37.8% | -23.2% | -21.6% | -88.2% | -40.4% |
| Liquidity | ||||||
| Current ratio | 24.24 | 9.42 | 9.67 | 12.66 | 1.20 | 5.17 |
| Quick ratio | 24.06 | 9.19 | 9.51 | 12.43 | 0.84 | 4.57 |
| Cash ratio | 23.50 | 8.55 | 9.04 | 11.80 | 1.49 | 4.43 |
| Leverage | ||||||
| Debt / Equity | 0.00 | -3.74 | 11.27 | 2.10 | -2.10 | 4.47 |
| Debt / Assets | 0.00 | 0.89 | 0.71 | 0.53 | 1.01 | 0.61 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -4.0x | -2.2x | -2.5x | -2.9x | -4.1x | -2.1x |
| Equity multiplier | 1.23 | -4.19 | 15.94 | 3.93 | -2.08 | 7.28 |
| Liabilities / Assets | 0.19 | 1.24 | 0.94 | 0.75 | 1.48 | 0.86 |
| Efficiency | ||||||
| Asset turnover | - | - | 0.00 | 0.13 | 0.78 | 0.20 |
| Inventory turnover | - | - | 0.00 | 19.08 | 14.76 | 8.52 |
| Days sales outstanding | - | - | - | 30d | 0d | 3d |
| Days inventory outstanding | - | - | - | 19d | 25d | 43d |
| Days payable outstanding | - | - | - | - | - | 41d |
| Cash conversion cycle | - | - | - | - | - | 5d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | 4.8x | - | 4.1x | 14.3x | - | 85.6x |
| P / S | - | - | - | 27.2x | 3.3x | 58.1x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | -100.0% | -70.0% | 135.4% | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | 61.3% | 15.9% | - |
| Operating income growth (YoY) | -1.5% | 3.8% | 14.8% | 36.3% | 6.1% | -10102.8% |
| Net income growth (YoY) | 33.2% | -10.7% | 9.5% | 31.3% | 33.2% | - |
| EPS growth (YoY) | 64.3% | -0.8% | 27.5% | 75.5% | 61.4% | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -124.6% | 12.6% | -18.7% | 18.7% | 69.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | -80.0% | - | - | 538.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-12-31.
Business segments
$33.23M totalHycroft Mine Segment$33.23M · 100.0%
Product / service
$33.23M totalGold$32.25M · 97.1%
Silver$980.0K · 2.9%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Gold and Silver Ores
Comparing HYCROFT MINING HOLDING CORP against the 5 most active filers in the same SIC group.