What is Patriot Gold Corp's earnings per share (EPS)?

Patriot Gold Corp (PGOL) reported diluted earnings per share of $-0.03 for fiscal year 2025. This represents a 40.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Patriot Gold Corp Financials

PGOL

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Patriot Gold Corp (PGOL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PGOL FY2025 2026-05-15

The business shifted from a cash-cushioned micro-balance sheet to a working-capital-funded survival posture by FY2025.

From FY2023 to FY2025, cash fell from $1.7M to $57K while current liabilities jumped from $278K to $2.0M, turning a 8.1x current ratio into 0.1x and flipping equity from $3.0M to -$1.8M. That combination says the operating model no longer refreshed its own liquidity; the balance sheet moved from self-cushioned to dependent on outside funding for near-term obligations.

The damage in FY2024 was not just lower volume. Revenue was only $362K while SG&A reached $1.4M. Operating cash flow of -$1.2M implies the company was carrying a fixed cost base its revenue could no longer support.

Shares outstanding rose by about 13.2% in FY2025 while financing cash flow was $664K. With year-end cash at only $57K and current liabilities at $2.0M, that capital seems to have gone to plugging obligations rather than rebuilding a usable cash reserve.

Financial Health Signals

Financial Profile 20/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Patriot Gold Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Patriot Gold Corp's revenue declined 100% year-over-year, from $362K to $0. This contraction results in a growth score of 0/100.

Leverage

100

Patriot Gold Corp carries a low D/E ratio of -1.10, meaning only $-1.10 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Patriot Gold Corp's current ratio of 0.09 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Key Financial Metrics

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Earnings & Revenue

Revenue

YoY-100.0%

Patriot Gold Corp generated $0 in revenue in fiscal year 2025. This represents a decrease of 100.0% from the prior year.

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

$-0.03

YoY+40.0%

Patriot Gold Corp earned $-0.03 per diluted share (EPS) in fiscal year 2025. This represents an increase of 40.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$57K

YoY-85.7%

5Y CAGR-44.9%

10Y CAGR-9.6%

Patriot Gold Corp held $57K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

68M

YoY+13.2%

5Y CAGR-1.7%

10Y CAGR+3.6%

Patriot Gold Corp had 68M shares outstanding in fiscal year 2025. This represents an increase of 13.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

YoY-100.0%

Patriot Gold Corp spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

N/A

PGOL Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$0-100.0%	$362K-81.3%	$1.9M+8.1%	$1.8M+2.8%	$1.7M-29.6%	$2.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$1.4M+159.0%	$546K+101.6%	$271K+22.6%	$221K+8.4%	$204K
Operating Income	N/A	-$2.1M-3689.1%	$59K-92.3%	$762K+140.6%	$317K-71.2%	$1.1M
Interest Expense	$8K	$0	N/A	N/A	N/A	N/A
Income Tax	$0-100.0%	$1.1M+6718.8%	-$16K-124.6%	$65K+14.0%	$57K+104.9%	-$1.2M
Net Income	N/A	N/A	$83K-86.6%	$622K+307.7%	$152K-92.5%	$2.0M
EPS (Diluted)	$-0.03+40.0%	$-0.05	$0.00-100.0%	$0.01	$0.00-100.0%	$0.03

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$0	N/A	$0	$0	$0	N/A	$0	$0
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$215K	N/A	$35K-92.7%	$472K+62.9%	$290K	N/A	$94K-70.5%	$318K
Operating Income	-$297K	N/A	-$243K+57.5%	-$572K-38.4%	-$413K	N/A	-$353K+31.6%	-$516K
Interest Expense	$16K	N/A	N/A	N/A	$0	N/A	N/A	N/A
Income Tax	N/A	N/A	$0	N/A	N/A	N/A	$0	N/A
Net Income	-$273K	N/A	-$251K+56.3%	-$575K-43.7%	-$400K	N/A	-$365K+27.4%	-$502K
EPS (Diluted)	$0.00	N/A	$0.00+100.0%	$-0.010.0%	$-0.01	N/A	$-0.010.0%	$-0.01

PGOL Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$179K-66.3%	$531K-84.0%	$3.3M-21.4%	$4.2M+11.2%	$3.8M+2.6%	$3.7M
Current Assets	$179K-66.3%	$531K-76.4%	$2.3M-28.9%	$3.2M+18.3%	$2.7M+6.0%	$2.5M
Cash & Equivalents	$57K-85.7%	$401K-76.4%	$1.7M-21.1%	$2.2M+52.2%	$1.4M+26.1%	$1.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.0M+174.6%	$738K+165.5%	$278K+25.0%	$222K+25.9%	$177K-24.3%	$233K
Current Liabilities	$2.0M+174.6%	$738K+165.5%	$278K+25.0%	$222K+25.9%	$177K-24.3%	$233K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.8M-791.8%	-$207K-106.8%	$3.0M-23.9%	$4.0M+10.5%	$3.6M+4.4%	$3.5M
Retained Earnings	-$30.3M-6.6%	-$28.4M-12.5%	-$25.2M+0.3%	-$25.3M+2.4%	-$25.9M+0.6%	-$26.1M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$178K-0.6%	$179K+10.4%	$162K-24.3%	$214K-47.0%	$405K-23.8%	$531K-73.4%	$2.0M-18.0%	$2.4M
Current Assets	$178K-0.6%	$179K+10.4%	$162K-24.3%	$214K-47.0%	$405K-23.8%	$531K-43.1%	$934K-31.9%	$1.4M
Cash & Equivalents	$38K-33.3%	$57K+16.3%	$49K-59.5%	$122K-57.5%	$286K-28.8%	$401K-22.8%	$520K-48.5%	$1.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.3M+13.3%	$2.0M+26.9%	$1.6M+14.2%	$1.4M+38.3%	$1.0M+37.0%	$738K+158.7%	$285K+7.3%	$266K
Current Liabilities	$2.3M+13.3%	$2.0M+26.9%	$1.6M+14.2%	$1.4M+38.3%	$1.0M+37.0%	$738K+158.7%	$285K+7.3%	$266K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$2.1M-14.7%	-$1.8M-28.8%	-$1.4M-21.2%	-$1.2M-95.2%	-$607K-192.8%	-$207K-112.1%	$1.7M-21.1%	$2.2M
Retained Earnings	-$30.5M-0.9%	-$30.3M-2.2%	-$29.6M-0.9%	-$29.4M-2.0%	-$28.8M-1.4%	-$28.4M-7.2%	-$26.5M-1.4%	-$26.1M

PGOL Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	N/A	-$1.2M-307.3%	$583K-51.1%	$1.2M+306.6%	$293K-66.4%	$873K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$0	$0	$0	$0	$0	$0
Financing Cash Flow	$664K+811.3%	-$93K+91.0%	-$1.0M-129.6%	-$453K	$0-100.0%	$22K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$0-100.0%	$93K-91.0%	$1.0M	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$168K+58.0%	-$401K-23.9%	-$324K-100.4%	-$162K-39.3%	-$116K+3.0%	-$120K+69.8%	-$396K-53.7%	-$257K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$0	$0	$0	$0	$0	$0	$0	$0
Financing Cash Flow	$147K-64.3%	$413K+64.3%	$251K	$0	$0	$0+100.0%	-$93K	$0
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$93K	$0

PGOL Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	-586.1%-589.2pp	3.1%-39.6pp	42.7%+24.4pp	18.2%-26.3pp	44.5%
Net Margin	N/A	N/A	4.3%-30.5pp	34.8%+26.0pp	8.8%-73.4pp	82.1%
Return on Equity	N/A	N/A	2.7%-12.8pp	15.6%+11.4pp	4.2%-54.4pp	58.6%
Return on Assets	N/A	N/A	2.5%-12.3pp	14.8%+10.7pp	4.0%-50.9pp	54.9%
Current Ratio	0.09-0.6	0.72-7.4	8.11-6.1	14.25-0.9	15.17+4.3	10.83
Debt-to-Equity	-1.10+2.5	-3.56-3.7	0.09+0.0	0.060.0	0.05-0.0	0.07
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	-21.3%+1.9pp	-23.2%
Return on Assets	-153.4%	N/A	-154.8%+113.3pp	-268.1%-169.3pp	-98.9%	N/A	-18.3%+2.4pp	-20.7%
Current Ratio	0.08-0.0	0.09-0.0	0.10-0.1	0.15-0.2	0.40-0.3	0.72-2.6	3.27-1.9	5.16
Debt-to-Equity	-1.08+0.0	-1.10+0.0	-1.11+0.1	-1.18+0.5	-1.67+1.9	-3.56-3.7	0.17+0.0	0.12
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$1.8M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.09), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Patriot Gold Corp's annual revenue?

Patriot Gold Corp (PGOL) reported $0 in total revenue for fiscal year 2025. This represents a -100.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Patriot Gold Corp's revenue growing?

Patriot Gold Corp (PGOL) revenue declined by 100% year-over-year, from $362K to $0 in fiscal year 2025.

What are Patriot Gold Corp's total assets?

Patriot Gold Corp (PGOL) had $179K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Patriot Gold Corp have outstanding?

Patriot Gold Corp (PGOL) had 68M shares outstanding as of fiscal year 2025.

What is Patriot Gold Corp's current ratio?

Patriot Gold Corp (PGOL) had a current ratio of 0.09 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Patriot Gold Corp's debt-to-equity ratio?

Patriot Gold Corp (PGOL) had a debt-to-equity ratio of -1.10 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Why is Patriot Gold Corp's debt-to-equity ratio negative or unusual?

Patriot Gold Corp (PGOL) has negative shareholder equity of -$1.8M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

How financially healthy is Patriot Gold Corp?

Patriot Gold Corp (PGOL) scores 20 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.