Financials · GAU

Galiano Gold Inc. (GAU) financials

For fiscal 2025 (ended Dec 31, 2025), Galiano Gold Inc. reported $447.77M of revenue and -$29.29M of net income.

Revenue, FY2025
$447.77M
Revenue growth, YoY
+93.6%
Net income, FY2025
-$29.29M
Net margin
-6.5%
Free cash flow, FY2025
$43.07M
EPS, diluted, FY2025
-$0.11
Cash
$108.33M
P/S
1.57
Market cap
$702.3M
Annual revenue$447.77M
FY2016FY2025
Annual net income-$29.29M
FY2016FY2025
Annual free cash flow$43.07M
FY2016FY2025

GAU revenue and earnings growth

GAU revenueFY2025$447.77M

FY YoY
+93.6%

GAU revenue was $447.77M for fiscal 2025 (ended Dec 31, 2025), up 93.6% from fiscal 2024. Fiscal 2025 is the highest of the 6 fiscal years on file.

GAU net incomeFY2025-$29.29M

GAU net income was -$29.29M for fiscal 2025 (ended Dec 31, 2025), compared with $6.12M in fiscal 2024.

GAU EPSFY2025-$0.11

GAU diluted EPS was -$0.11 for fiscal 2025 (ended Dec 31, 2025), compared with $0.02 in fiscal 2024.

GAU free cash flowFY2025$43.07M

GAU free cash flow was $43.07M for fiscal 2025 (ended Dec 31, 2025), compared with -$11.15M in fiscal 2024. Fiscal 2025 is the highest of the 10 fiscal years on file.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$447.77M$231.34M$0----$161.92M$256.20M$185.17M
Cost of revenue$262.43M$153.33M$0----$129.05M$193.59M$141.65M
Gross profit$66.01M$54.89M$0----$32.87M$62.61M$43.52M
Selling, general and admin$25.26M$20.02M$15.29M$11.10M$13.48M$14.76M$11.83M$11.66M$12.59M$12.54M
Operating income$36.54M$20.49M$20.12M$39.42M-$60.58M$49.32M-$133.13M$19.72M$47.97M$13.18M
Interest expense$17.79M$15.18M$23.0K$5.65M$925.0K$45.0K$35.65M$10.74M$17.81M$13.85M
Pre-tax income$30.48M$8.54M$26.09M$40.81M-$68.88M$57.38M-$167.93M-$128.70M$30.39M-$1.78M
Income tax$61.28M$0$0$0$0$0$0$12.51M$24.07M$11.44M
Net income-$29.29M$6.12M$26.09M$40.81M-$68.88M$57.38M-$167.93M-$141.37M$5.78M-$13.22M
EPS, basic-$0.11$0.02$0.12$0.18-$0.31$0.26-$0.74-$0.64$0.03-$0.07
EPS, diluted-$0.11$0.02$0.12$0.18-$0.31$0.26-$0.74-$0.64$0.03-$0.07
Diluted shares258.4M255.8M225.2M224.9M224.7M224.9M225.9M220.1M204.4M199.0M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$108.33M$105.78M$55.27M$56.11M$53.52M$62.15M$31.11M$10.36M$49.33M$59.67M
Receivables--$29.0K$54.0K$55.0K$186.0K$161.0K$236.0K$2.13M$1.47M
Inventory$70.80M$42.83M$0-----$33.89M$32.37M
Current assets$202.18M$165.59M$57.09M$58.60M$61.67M$65.54M$35.80M$13.10M$93.88M$119.72M
Total assets$599.05M$500.35M$213.30M$179.89M$136.20M$203.59M$144.50M$312.62M$708.78M$662.71M
Current liabilities$220.58M$110.81M$11.99M$5.80M$2.64M$3.62M$2.32M$3.47M$84.37M$47.40M
Long-term debt--------$119.24M$151.53M
Total debt-------$0$119.24M$151.53M
Total liabilities$377.39M$252.58M$12.38M$6.20M$3.43M$4.71M$3.25M$3.77M$276.18M$246.29M
Shareholders' equity$218.86M$243.46M$200.92M$173.69M$132.76M$198.88M$141.26M$308.84M$432.61M$419.40M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$157.99M$55.75M-$3.63M$1.78M-$12.94M-$6.40M-$8.75M$33.43M$123.24M$54.96M
Capital expenditures$114.92M$66.90M$35.0K$4.0K$31.0K$76.0K$39.0K$53.91M$123.81M$132.35M
Free cash flow$43.07M-$11.15M-$3.67M$1.78M-$12.97M-$6.48M-$8.79M-$20.48M-$577.0K-$77.39M
Investing cash flow-$136.97M$5.79M$2.86M$1.03M$3.91M$37.93M$30.17M$82.31M-$123.35M-$105.94M
Financing cash flow-$20.69M-$10.60M-$108.0K-$130.0K$441.0K-$520.0K-$665.0K-$154.64M-$10.05M-$3.90M
Share repurchases----$0$2.30M$958.0K---
Stock-based compensation$10.31M$6.87M$6.16M$1.65M$3.17M$2.17M$1.79M$1.65M$2.72M$983.0K
Depreciation and amortization$62.88M$23.74M$143.0K$146.0K$148.0K$163.0K$98.0K$41.99M$64.21M$52.98M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY93.6%-------36.8%38.4%-
Net income growth, YoY--76.5%-36.1%-------
EPS growth, YoY--83.3%-33.3%-------
Gross margin14.7%23.7%-----20.3%24.4%23.5%
Operating margin8.2%8.9%-----12.2%18.7%7.1%
Net margin-6.5%2.6%------87.3%2.3%-7.1%
Free cash flow margin9.6%-4.8%------12.7%-0.2%-41.8%
Return on equity-13.4%2.5%13.0%23.5%-51.9%28.8%-118.9%-45.8%1.3%-3.2%
Return on assets-4.9%1.2%12.2%22.7%-50.6%28.2%-116.2%-45.2%0.8%-2.0%
Current ratio0.921.494.7610.1023.3318.1215.453.771.112.53
Debt to equity-------0.000.280.36

Source: XBRL data Galiano Gold Inc. files with the SEC, latest filing dated Mar 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

GAU peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
GAU$447.77M+93.6%-$29.29M-6.5%$702.3M
MLM$7.21B+19.6%$2.30B31.9%$37.76B
VMC$8.01B+1.6%$1.10B13.8%$37.15B
TECKC$10.76B+18.7%C$1.40B13.0%$31.75B
SQM$4.58B+1.0%$588.14M12.9%$16.20B
HL$1.82B+84.1%$382.86M21.0%$10.35B
MDU$1.86B-0.8%$192.48M10.3%$4.05B
USLM$381.09M+4.5%$133.68M35.1%$3.45B
KNF$3.38B+10.9%$134.62M4.0%$3.35B

GAU FAQ

9 questions
  • What is GAU revenue?
    Galiano Gold Inc. (GAU) reported $447.77M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 93.6% from the year before.
  • Is GAU profitable?
    No. Galiano Gold Inc. reported a net loss of $29.29M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does GAU have?
    Galiano Gold Inc. reported $108.33M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is GAU revenue growing?
    Galiano Gold Inc.'s revenue changed +93.6% in fiscal 2025, to $447.77M.
  • What is GAU gross margin?
    Galiano Gold Inc.'s gross profit was $66.01M on $447.77M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 14.7%.
  • What is GAU free cash flow?
    Galiano Gold Inc. generated $43.07M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $157.99M less capital expenditures.
  • What is GAU earnings per share?
    Diluted earnings per share were -$0.11 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did GAU last report financial results?
    The latest statements here come from Galiano Gold Inc.'s 40-F filed on Mar 12, 2026, covering the period ended Dec 31, 2025.
  • Where does this GAU financial data come from?
    Quantisnow builds these statements from the structured XBRL data Galiano Gold Inc. files with the SEC. It is provided for information only and is not investment advice.