What is Silver Bull Res Inc's earnings per share (EPS)?

Silver Bull Res Inc (SVBL) reported diluted earnings per share of $-0.28 for fiscal year 2025. 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.

Silver Bull Res Inc Financials

SVBL

Source SEC Filings (10-K/10-Q) Data as of Apr 30, 2026 Currency USD FYE October

This page shows Silver Bull Res Inc (SVBL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 32 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 SVBL FY2025 2026-06-12

A sharp FY2025 balance-sheet break turned Silver Bull from a low-burn shell into a company dominated by near-term liabilities.

FY2025 paired a $5.3M operating loss with $36K of positive operating cash flow, a rare split between reported loss and cash movement. Against FY2024's $254K operating loss and -$421K cash burn, that swing suggests non-cash charges or liability movements, not current overhead, drove much of the FY2025 damage.

The balance sheet changed abruptly in FY2025: assets fell to $1.6M while liabilities jumped to $8.6M, erasing the equity cushion that had existed for several years. That is why the current ratio dropping to 0.2x matters; the business became much less able to meet near-term obligations from near-term resources.

Before FY2025, the company looked like it was in a capital-preservation mode: FY2024 operating cash outflow was only -$421K and SG&A was $225K, which is more consistent with maintaining claims than actively building operations. But that restraint did not create self-funding capacity; share count still rose from 47.4M to 49.3M in FY2025, showing outside capital remained part of the model even before liabilities surged.

Financial Health Signals

Financial health score pending refresh

We are recalculating Silver Bull Res Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

-$5.2M

YoY-2026.7%

Silver Bull Res Inc's EBITDA was -$5.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 2026.7% from the prior year.

Net Income

N/A

EPS (Diluted)

$-0.28

Silver Bull Res Inc earned $-0.28 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$969K

YoY+84.6%

5Y CAGR+2.3%

10Y CAGR+5.2%

Silver Bull Res Inc held $969K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

49M

YoY+4.1%

5Y CAGR+8.0%

Silver Bull Res Inc had 49M shares outstanding in fiscal year 2025. This represents an increase of 4.1% 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

N/A

Capital Expenditures

N/A

SVBL Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
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	$252K+12.3%	$225K-75.9%	$935K-10.5%	$1.0M-59.2%	$2.6M+68.3%	$1.5M
Operating Income	-$5.3M-1995.8%	-$254K+79.9%	-$1.3M+63.1%	-$3.4M+2.9%	-$3.5M-60.7%	-$2.2M
Interest Expense	N/A	N/A	N/A	N/A	$92-98.8%	$8K
Income Tax	$347-67.1%	$1K-52.4%	$2K-51.0%	$5K-0.7%	$5K-42.7%	$8K
Net Income	N/A	-$169K+86.5%	-$1.3M+60.5%	-$3.2M-29.4%	-$2.4M-10.0%	-$2.2M
EPS (Diluted)	$-0.28	$0.00+100.0%	$-0.04+55.6%	$-0.09-28.6%	$-0.07	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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	$66K+0.5%	$66K	N/A	$60K-7.9%	$65K-0.8%	$66K	N/A	-$18K
Operating Income	-$26K+73.2%	-$96K	N/A	-$159K-631.0%	-$22K+79.0%	-$103K	N/A	-$40K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$875	N/A	N/A	-$3K	N/A	$3K	N/A	-$425
Net Income	-$1.1M-833.1%	-$120K	N/A	-$405K-476.7%	-$70K+31.4%	-$102K	N/A	$21K
EPS (Diluted)	$-0.02	$0.00	N/A	$-0.01	$0.00	$0.00	N/A	$0.00

SVBL Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.6M-73.6%	$6.0M-0.3%	$6.0M-0.5%	$6.1M-27.2%	$8.3M-11.1%	$9.4M
Current Assets	$1.5M+86.3%	$811K+1.3%	$800K+0.4%	$798K-18.7%	$981K-52.4%	$2.1M
Cash & Equivalents	$969K+84.6%	$525K+7.2%	$490K-34.4%	$746K+244.6%	$216K-74.9%	$863K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$411K+155.3%	$161K-23.3%	$210K	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	$5.0M+143.2%	$2.1M0.0%	$2.1M
Total Liabilities	$8.6M+1419.2%	$567K-1.8%	$577K+16.7%	$495K-15.4%	$585K-37.6%	$937K
Current Liabilities	$7.7M+1531.8%	$474K+10.4%	$429K-4.6%	$450K-16.3%	$538K-39.6%	$890K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$7.0M-228.7%	$5.5M-0.1%	$5.5M-2.0%	$5.6M-28.1%	$7.8M-8.2%	$8.4M
Retained Earnings	-$152.0M-9.4%	-$138.9M-0.1%	-$138.8M-0.8%	-$137.7M-2.4%	-$134.6M-1.3%	-$132.9M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$1.5M-5.2%	$1.6M+3.8%	$1.5M-74.6%	$6.0M+0.4%	$6.0M-0.3%	$6.0M+0.2%	$6.0M+0.5%	$6.0M
Current Assets	$1.4M-5.4%	$1.5M+3.6%	$1.5M+67.0%	$873K+10.9%	$787K-2.9%	$811K+2.0%	$795K+5.0%	$757K
Cash & Equivalents	$918K-5.3%	$969K-14.7%	$1.1M+60.9%	$706K+88.0%	$375K-28.5%	$525K+10.1%	$477K+57.1%	$304K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$392K-4.5%	$411K+122.1%	$185K+43.2%	$129K-63.9%	$358K+122.2%	$161K-11.2%	$181K-53.8%	$392K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$9.6M+12.0%	$8.6M+2.1%	$8.4M+786.8%	$951K+57.4%	$604K+6.6%	$567K+21.1%	$468K-2.2%	$478K
Current Liabilities	$7.7M-0.3%	$7.7M+1.0%	$7.7M+1238.1%	$572K+22.0%	$469K-1.0%	$474K+25.3%	$378K+2.0%	$371K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$8.1M-15.9%	-$7.0M-1.7%	-$6.9M-236.1%	$5.1M-6.0%	$5.4M-1.1%	$5.5M-1.6%	$5.5M+0.7%	$5.5M
Retained Earnings	-$153.2M-0.7%	-$152.0M-0.1%	-$151.9M-9.0%	-$139.4M-0.3%	-$139.0M-0.1%	-$138.9M-0.1%	-$138.8M0.0%	-$138.8M

SVBL Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$36K+108.7%	-$421K+47.0%	-$794K+36.7%	-$1.3M+25.5%	-$1.7M+13.9%	-$2.0M
Capital Expenditures	N/A	$1K	N/A	N/A	$82K+70.7%	$48K
Free Cash Flow	N/A	-$422K	N/A	N/A	-$1.8M+11.9%	-$2.0M
Investing Cash Flow	N/A	$15K	N/A	$1.4M+157.0%	-$2.5M-516.4%	-$408K
Financing Cash Flow	$628K+1205.1%	-$57K-106.2%	$916K+76.8%	$518K-79.5%	$2.5M-9.6%	$2.8M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$51K+66.8%	-$155K-270.7%	-$42K-116.4%	$255K+214.4%	-$223K-582.8%	$46K-82.9%	$270K+287.3%	-$144K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$270K+287.3%	-$144K
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0
Financing Cash Flow	$0+100.0%	-$8K-101.4%	$546K+620.9%	$76K	N/A	N/A	-$27K	$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	N/A	N/A	N/A

SVBL 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	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	-3.1%+19.8pp	-22.9%+33.9pp	-56.8%-25.3pp	-31.6%-5.2pp	-26.4%
Return on Assets	N/A	-2.8%+17.9pp	-20.7%+31.5pp	-52.2%-22.8pp	-29.4%-5.6pp	-23.7%
Current Ratio	0.20-1.5	1.71-0.2	1.86+0.1	1.77-0.1	1.83-0.5	2.32
Debt-to-Equity	-1.23-1.3	0.100.0	0.11+0.0	0.09+0.0	0.08-0.0	0.11
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
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	-8.0%-6.7pp	-1.3%+0.6pp	-1.9%	N/A	0.4%
Return on Assets	-74.1%-66.6pp	-7.5%	N/A	-6.7%-5.5pp	-1.2%+0.5pp	-1.7%	N/A	0.4%
Current Ratio	0.19-0.0	0.200.0	0.19-1.3	1.52-0.2	1.68-0.0	1.71-0.4	2.10+0.1	2.04
Debt-to-Equity	-1.19+0.0	-1.230.0	-1.22-1.4	0.19+0.1	0.110.0	0.10+0.0	0.080.0	0.09
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$7.0M), 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 (0.20), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Silver Bull Res Inc's EBITDA?

Silver Bull Res Inc (SVBL) had EBITDA of -$5.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Silver Bull Res Inc's operating cash flow?

Silver Bull Res Inc (SVBL) generated $36K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Silver Bull Res Inc's total assets?

Silver Bull Res Inc (SVBL) had $1.6M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Silver Bull Res Inc have outstanding?

Silver Bull Res Inc (SVBL) had 49M shares outstanding as of fiscal year 2025.

What is Silver Bull Res Inc's current ratio?

Silver Bull Res Inc (SVBL) had a current ratio of 0.20 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Silver Bull Res Inc's debt-to-equity ratio?

Silver Bull Res Inc (SVBL) had a debt-to-equity ratio of -1.23 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Why is Silver Bull Res Inc's debt-to-equity ratio negative or unusual?

Silver Bull Res Inc (SVBL) has negative shareholder equity of -$7.0M 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.