Financials · TRX

TRX Gold Corporation (TRX) financials

For fiscal 2025 (ended Aug 31, 2025), TRX Gold Corporation reported $57.61M of revenue and $687.0K of net income.

Revenue, FY2025
$57.61M
Revenue growth, YoY
+40.0%
Net income, FY2025
$687.0K
Net margin
1.2%
Free cash flow, FY2025
$3.49M
EPS, diluted, FY2025
$0.00
Cash
$7.77M
P/E
480.05
P/S
5.72
Market cap
$329.8M
Annual revenue$57.61M
FY2022FY2025
Annual net income$687.0K
FY2019FY2025
Annual free cash flow$3.49M
FY2019FY2025

TRX revenue and earnings growth

TRX revenueFY2025$57.61M

FY YoY
+40.0%

TRX revenue was $57.61M for fiscal 2025 (ended Aug 31, 2025), up 40.0% from fiscal 2024. It rose in each of the last 3 fiscal years.

TRX net incomeFY2025$687.0K

TRX net income was $687.0K for fiscal 2025 (ended Aug 31, 2025), compared with -$470.0K in fiscal 2024.

TRX EPSFY2025$0.00

TRX diluted EPS was $0.00 for fiscal 2025 (ended Aug 31, 2025).

TRX free cash flowFY2025$3.49M

FY YoY
+69.9%

TRX free cash flow was $3.49M for fiscal 2025 (ended Aug 31, 2025), up 69.9% from fiscal 2024. Fiscal 2025 is the highest of the 7 fiscal years on file.

Income statement

Income statement
Line item
Aug 31, 2025
Aug 31, 2024
Aug 31, 2023
Aug 31, 2022
Aug 31, 2021
Aug 31, 2020
Aug 31, 2019
Revenue$57.61M$41.16M$38.32M$15.10M---
Cost of revenue$33.67M$23.23M$20.13M$5.71M---
Gross profit$23.94M$17.93M$18.19M$9.38M---
Selling, general and admin$7.95M$6.89M$7.63M$8.92M$9.70M$7.68M$3.66M
Interest expense$968.0K-----$1.98M-$457.0K
Pre-tax income$14.46M$10.34M$12.38M-$1.89M-$5.28M$12.14M$23.07M
Income tax$7.89M$6.83M$5.33M$436.0K---
Net income$687.0K-$470.0K$2.25M-$2.32M-$5.28M-$11.47M-$22.98M
EPS, basic$0.00$0.00$0.01-$0.02---
EPS, diluted$0.00$0.00$0.01-$0.02---
Diluted shares----232.2M166.5M136.1M

Balance sheet

Balance sheet
Line item
Aug 31, 2025
Aug 31, 2024
Aug 31, 2023
Aug 31, 2022
Aug 31, 2021
Aug 31, 2020
Aug 31, 2019
Cash and equivalents$7.77M$8.33M$7.63M$8.48M$13.45M$4.05M$2.55M
Receivables$4.20M$3.60M$3.14M$2.54M$460.0K$547.0K$470.0K
Inventory$13.02M$6.25M$4.96M$3.63M$1.18M$726.0K$393.0K
Current assets$25.84M$17.78M$17.19M$15.85M$15.42M$5.40M$3.50M
Total assets$117.25M$98.86M$84.20M$71.84M$56.52M$38.14M$28.64M
Current liabilities$24.54M$21.28M$17.81M$17.25M$7.41M$10.59M$10.92M
Total liabilities$42.96M$32.82M$23.14M$20.69M$10.09M$13.27M$14.85M
Shareholders' equity$57.27M$54.90M$53.90M$48.80M$46.42M$24.87M$13.80M

Cash flow

Cash flow
Line item
Aug 31, 2025
Aug 31, 2024
Aug 31, 2023
Aug 31, 2022
Aug 31, 2021
Aug 31, 2020
Aug 31, 2019
Operating cash flow$16.28M$15.32M$17.33M$2.96M-$7.52M-$6.60M-$3.93M
Capital expenditures$12.79M$13.26M$15.92M$12.69M$1.03M$673.0K$18.0K
Free cash flow$3.49M$2.06M$1.40M-$9.74M-$8.55M-$7.27M-$3.94M
Investing cash flow-$14.36M-$13.99M-$17.87M-$13.87M-$6.62M-$6.72M-$2.19M
Financing cash flow-$2.48M-$625.0K-$302.0K$5.94M$23.53M$14.83M$8.33M
Stock-based compensation---$2.50M$2.90M$0-

Key ratios

Key ratios
Line item
Aug 31, 2025
Aug 31, 2024
Aug 31, 2023
Aug 31, 2022
Aug 31, 2021
Aug 31, 2020
Aug 31, 2019
Revenue growth, YoY40.0%7.4%153.8%----
Gross margin41.5%43.6%47.5%62.1%---
Net margin1.2%-1.1%5.9%-15.4%---
Free cash flow margin6.1%5.0%3.7%-64.5%---
Return on equity1.2%-0.9%4.2%-4.8%-11.4%-46.1%-166.6%
Return on assets0.6%-0.5%2.7%-3.2%-9.3%-30.1%-80.2%
Current ratio1.050.840.970.922.080.510.32

Source: XBRL data TRX Gold Corporation files with the SEC, latest filing dated Dec 1, 2025 (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.

TRX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
TRX$57.61M+40.0%$687.0K1.2%$329.8M
NEM$26.61B+23.7%$9.24B34.7%$130.07B
AEM$11.91B+43.7%$4.46B37.5%$101.51B
B$16.96B+31.2%$4.99B29.4%$69.56B
WPM$2.31B+80.2%$1.47B63.6%$65.38B
FNV$1.82B+63.7%$1.11B61.0%$50.81B
AU$9.89B+70.8%$3.17B32.1%$50.26B
GFI$8.75B+68.2%$3.57B40.8%$36.73B
KGC$7.05B+36.9%$2.39B33.9%$26.92B

TRX FAQ

9 questions
  • What is TRX revenue?
    TRX Gold Corporation (TRX) reported $57.61M of revenue for fiscal 2025 (ended Aug 31, 2025). That is up 40.0% from the year before.
  • Is TRX profitable?
    Yes. TRX Gold Corporation earned $687.0K in net income for fiscal 2025 (ended Aug 31, 2025), a net margin of 1.2%.
  • How much cash and debt does TRX have?
    TRX Gold Corporation reported $7.77M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is TRX revenue growing?
    TRX Gold Corporation's revenue changed +40.0% in fiscal 2025, to $57.61M.
  • What is TRX gross margin?
    TRX Gold Corporation's gross profit was $23.94M on $57.61M of revenue for fiscal 2025 (ended Aug 31, 2025), a gross margin of 41.5%.
  • What is TRX free cash flow?
    TRX Gold Corporation generated $3.49M of free cash flow for fiscal 2025 (ended Aug 31, 2025), which is operating cash flow of $16.28M less capital expenditures.
  • What is TRX earnings per share?
    Diluted earnings per share were $0.00 for fiscal 2025 (ended Aug 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did TRX last report financial results?
    The latest statements here come from TRX Gold Corporation's 40-F filed on Dec 1, 2025, covering the period ended Aug 31, 2025.
  • Where does this TRX financial data come from?
    Quantisnow builds these statements from the structured XBRL data TRX Gold Corporation files with the SEC. It is provided for information only and is not investment advice.