Trekor Metals Limited (TGB) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Mar 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TGB SEC filings page.
Trekor Metals Limited (TGB) reported $490.7M in revenue for fiscal year 2025, up 16.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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).
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Trekor Metals Limited'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.
Trekor Metals Limited has an operating margin of 3.0%, meaning the company retains $3 of operating profit per $100 of revenue. This results in a moderate score of 63/100, indicating healthy but not exceptional operating efficiency. This is down from 17.1% the prior year.
Trekor Metals Limited's revenue surged 16.2% year-over-year to $490.7M, reflecting rapid business expansion. This strong growth earns a score of 68/100.
Trekor Metals Limited has elevated debt relative to equity (D/E of 0.91), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 13/100, reflecting increased financial risk.
Trekor Metals Limited's current ratio of 1.50 indicates adequate short-term liquidity, earning a score of 41/100. The company can meet its near-term obligations, though with limited headroom.
Not available for Trekor Metals Limited, so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
Trekor Metals Limited posts a -3.9% return on equity (ROE), meaning it loses $4 for every $100 of shareholders' equity. This results in a returns score of 45/100. This is down from -2.7% the prior year.
Trekor Metals Limited scores 1.59, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $78.6M against total assets of $1.8B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Trekor Metals Limited passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
Trekor Metals Limited reported a net loss of $21.9M while generating $160.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Trekor Metals Limited earns $0.28 in operating income for every $1 of interest expense ($14.5M vs $52.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Trekor Metals Limited generated $490.7M in revenue in fiscal year 2025. This represents an increase of 16.2% from the prior year.
Trekor Metals Limited's EBITDA was $89.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 27.4% from the prior year.
Trekor Metals Limited reported a net loss of $21.9M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Trekor Metals Limited earned -$0.07 per diluted share (EPS) in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Cash & Balance Sheet
Trekor Metals Limited held $137.1M in cash against $518.7M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Trekor Metals Limited's gross margin was 22.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.7 percentage points from the prior year.
Trekor Metals Limited's operating margin was 3.0% in fiscal year 2025, reflecting core business profitability. This is down 14.1 percentage points from the prior year.
Trekor Metals Limited's net profit margin was -4.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.3 percentage points from the prior year.
Trekor Metals Limited's ROE was -3.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 1.2 percentage points from the prior year.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
TGB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $490.7M+16.2% | $422.3M+6.2% | $397.6M+37.4% | $289.4M-14.7% | $339.1M+26.0% | $269.2M+6.0% | $253.9M+0.8% | $252.0M-16.6% | $302.2M+53.8% | $196.5M |
| Cost of Revenue | $382.8M+12.3% | $340.9M+20.2% | $283.7M+13.8% | $249.3M+18.2% | $210.9M-15.8% | $250.6M-11.8% | $284.1M+28.1% | $221.8M+11.8% | $198.4M+1.6% | $195.2M |
| Gross Profit | $107.9M+32.6% | $81.4M-28.6% | $113.9M+184.3% | $40.1M-68.7% | $128.2M+589.1% | $18.6Mn/m | -$30.2M-200.0% | $30.2M-70.9% | $103.9M+7751.0% | $1.3M |
| Operating Income | $14.5M-79.8% | $72.0M-24.0% | $94.8M+129.6% | $41.3M-59.5% | $101.9M+2049.1% | $4.7Mn/m | -$47.4M-328.8% | $20.7M-71.9% | $73.6Mn/m | -$19.1M |
| EBITDA | $89.8M-27.4% | $123.6M-10.4% | $137.9M+73.0% | $79.7M-48.3% | $154.1M+93.8% | $79.5M+112.9% | $37.3M-48.6% | $72.6M-35.0% | $111.7M+448.0% | $20.4M |
| Interest Expense | $52.1M+21.2% | $43.0M+17.8% | $36.5M+18.1% | $30.9M+1.6% | $30.4M+11.9% | $27.2M+1.8% | $26.7M+13.5% | $23.5M-5.0% | $24.7M+20.1% | $20.6M |
| Income Tax | -$14.2M-164.6% | $21.9M-42.3% | $38.0M+652.3% | $5.0M-81.2% | $26.9Mn/m | -$7.1Mn/m | -$24.9M-7697.9% | $328K-98.6% | $23.3Mn/m | -$11.0M |
| Net Income | -$21.9Mn/m | -$9.3M-114.9% | $62.7Mn/m | -$19.2M-167.2% | $28.5Mn/m | -$18.4Mn/m | -$41.2Mn/m | -$26.2M-195.8% | $27.4Mn/m | -$23.4M |
| EPS (Basic) | -$0.07n/m | -$0.03-115.8% | $0.22n/m | -$0.07-165.4% | $0.10n/m | -$0.07n/m | -$0.17 | -$0.12-197.9% | $0.12n/m | -$0.10 |
| EPS (Diluted) | -$0.07n/m | -$0.03-116.4% | $0.21n/m | -$0.07-165.4% | $0.10n/m | -$0.07n/m | -$0.17 | -$0.12-197.9% | $0.12n/m | -$0.10 |
| Diluted Shares (Avg) | 323M+9.5% | 295M+1.5% | 291M+1.7% | 286M-0.4% | 288M+14.8% | 251M+2.7% | 244M | 227,866-1.8% | 232,039+4.6% | 221,828 |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.
TGB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.8B+18.3% | $1.5B+27.0% | $1.2B+27.0% | $944.9M+2.0% | $926.0M+29.7% | $713.8M+4.7% | $682.0M-4.3% | $712.9M-9.7% | $789.9M+11.7% | $707.2M |
| Current Assets | $251.5M+2.5% | $245.3M+29.8% | $189.0M+6.2% | $178.0M-32.6% | $263.9M+114.1% | $123.3M+40.3% | $87.8M+14.8% | $76.5M-34.3% | $116.4M-5.4% | $123.1M |
| Cash & Equivalents | $137.1M+14.3% | $120.0M+64.1% | $73.1M-18.2% | $89.3M-51.8% | $185.3M+177.7% | $66.7M+62.6% | $41.0M+22.6% | $33.5M-47.8% | $64.1M-3.3% | $66.3M |
| Inventory | $97.4M+1.0% | $96.5M+3.6% | $93.1M+35.7% | $68.6M+9.8% | $62.5M+35.5% | $46.1M+37.1% | $33.7M+17.8% | $28.6M-9.8% | $31.7M-29.8% | $45.1M |
| Accounts Receivable | $9.5M+142.6% | $3.9M-68.7% | $12.5M+28.0% | $9.8M+30.0% | $7.5M+43.3% | $5.2M-50.7% | $10.6M-1.5% | $10.8M-37.5% | $17.3M+79.7% | $9.6M |
| Goodwill | $4.1M+0.1% | $4.1M-0.4% | $4.1M+0.3% | $4.1M+0.9% | $4.1M-0.6% | $4.1M-0.4% | $4.1M+0.2% | $4.1M-0.2% | $4.1M+0.2% | $4.1M |
| Total Liabilities | $1.2B+5.1% | $1.2B+34.9% | $871.1M+27.8% | $681.6M+5.6% | $645.4M+38.8% | $465.0M+3.5% | $449.2M-2.0% | $458.6M-7.7% | $496.6M+9.2% | $454.7M |
| Current Liabilities | $167.7M+16.8% | $143.6M+34.3% | $106.9M+28.5% | $83.2M+2.8% | $81.0M+31.6% | $61.5M+18.5% | $51.9M+23.3% | $42.1M-14.2% | $49.1M+20.2% | $40.8M |
| Non-Current Liabilities | $1.1B+3.5% | $1.0B+35.0% | $764.1M+27.7% | $598.3M+6.0% | $564.5M+39.9% | $403.4M+1.5% | $397.3M-4.6% | $416.5M-7.0% | $447.6M+8.1% | $413.9M |
| Long-Term Debt | $518.7M-2.3% | $530.8M+14.8% | $462.2M+10.1% | $419.9M+4.5% | $401.9M+48.2% | $271.1M-1.6% | $275.4M+8.7% | $253.3M-0.3% | $254.0M-8.6% | $277.9M |
| Total Equity | $567.9M+62.5% | $349.5M+6.3% | $328.9M+24.9% | $263.4M-6.1% | $280.6M+12.8% | $248.9M+6.9% | $232.7M-8.5% | $254.4M-13.3% | $293.3M+16.2% | $252.4M |
| Retained Earnings | -$78.6Mn/m | -$95.0Mn/m | -$93.5Mn/m | -$152.3Mn/m | -$141.0Mn/m | -$169.8Mn/m | -$149.0Mn/m | -$102.4Mn/m | -$82.2Mn/m | -$102.1M |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
TGB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $160.1M-0.9% | $161.5M+41.1% | $114.4M+90.6% | $60.1M-56.1% | $136.8M+64.3% | $83.3M+153.1% | $32.9M-52.3% | $69.0M-59.1% | $168.6M+568.8% | $25.2M |
| Depreciation & Amortization | $75.3M+45.8% | $51.6M+19.7% | $43.1M+12.3% | $38.4M-26.3% | $52.1M-30.3% | $74.7M-11.7% | $84.7M+63.2% | $51.9M+36.1% | $38.1M-3.5% | $39.5M |
| Capital Expenditures | N/A | N/A | N/A | N/A | $21.8M+36.7% | $16.0M-59.2% | $39.2M-43.7% | $69.5M-10.5% | $77.7M+453.4% | $14.0M |
| Free Cash Flow | N/A | N/A | N/A | N/A | $115.0M+70.8% | $67.3Mn/m | -$6.3Mn/m | -$578K-100.6% | $91.0M+713.6% | $11.2M |
| Investing Cash Flow | -$310.6Mn/m | -$220.8Mn/m | -$127.0Mn/m | -$123.0Mn/m | -$115.6Mn/m | -$46.8Mn/m | -$13.1Mn/m | -$69.2Mn/m | -$81.3Mn/m | -$14.2M |
| Financing Cash Flow | $163.7M+50.0% | $109.1Mn/m | -$5.3Mn/m | -$26.0M-126.4% | $98.4Mn/m | -$9.4Mn/m | -$12.9Mn/m | -$24.6Mn/m | -$90.2M-2035.1% | $4.7M |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
TGB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.0%+2.7pp | 19.3%-9.4pp | 28.6%+14.8pp | 13.9%-24.0pp | 37.8%+30.9pp | 6.9%+18.8pp | -11.9%-23.9pp | 12.0%-22.4pp | 34.4%+33.7pp | 0.7% |
| Operating Margin | 3.0%-14.1pp | 17.1%-6.8pp | 23.8%+9.6pp | 14.3%-15.8pp | 30.1%+28.3pp | 1.8%+20.4pp | -18.6%-26.9pp | 8.2%-16.1pp | 24.3%+34.1pp | -9.7% |
| Net Margin | -4.5%-2.3pp | -2.2%-18.0pp | 15.8%+22.4pp | -6.6%-15.0pp | 8.4%+15.3pp | -6.9%+9.4pp | -16.2%-5.8pp | -10.4%-19.5pp | 9.1%+21.0pp | -11.9% |
| Return on Equity | -3.9%-1.2pp | -2.7%-21.7pp | 19.1%+26.3pp | -7.3%-17.5pp | 10.2%+17.6pp | -7.4%+10.3pp | -17.7%-7.4pp | -10.3%-19.6pp | 9.3%+18.6pp | -9.3% |
| Return on Assets | -1.2%-0.6pp | -0.6%-5.8pp | 5.2%+7.3pp | -2.0%-5.1pp | 3.1%+5.7pp | -2.6%+3.5pp | -6.0%-2.4pp | -3.7%-7.2pp | 3.5%+6.8pp | -3.3% |
| Current Ratio | 1.50-0.2x | 1.71-0.1x | 1.77-0.4x | 2.14-1.1x | 3.26+1.3x | 2.00+0.3x | 1.69-0.1x | 1.82-0.6x | 2.37-0.6x | 3.02 |
| Debt-to-Equity | 0.91-0.6x | 1.52+0.1x | 1.41-0.2x | 1.59+0.2x | 1.43+0.3x | 1.09-0.1x | 1.18+0.2x | 1.00+0.1x | 0.87-0.2x | 1.10 |
| Liabilities-to-Equity | 2.18-1.2x | 3.36+0.7x | 2.65+0.1x | 2.59+0.3x | 2.30+0.4x | 1.87-0.1x | 1.93+0.1x | 1.80+0.1x | 1.69-0.1x | 1.80 |
| Asset Turnover | 0.270.0x | 0.28-0.1x | 0.330.0x | 0.31-0.1x | 0.370.0x | 0.380.0x | 0.370.0x | 0.350.0x | 0.38+0.1x | 0.28 |
| FCF Margin | N/A | N/A | N/A | N/A | 33.9%+8.9pp | 25.0%+27.5pp | -2.5%-2.2pp | -0.2%-30.3pp | 30.1%+24.4pp | 5.7% |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Trekor Metals Limited TGB | FY2025 | $490.7M | -$21.9M | -4.5% | $2.7B | 46/100 |
| Ivanhoe Electric Inc. IE | FY2025 | $3.2M | -$105.9M | N/A | $1.3B | 47/100 |
| Ero Copper Corp. ERO | FY2025 | $785.8M | $263.7M | 33.6% | $3.1B | 52/100 |
| Hudbay Minerals Inc. HBM | FY2025 | $2.2B | $568.5M | 25.7% | $9.7B | 66/100 |
| Freeport-McMoRan Inc. FCX | FY2025 | $25.9B | $2.2B | 8.5% | $92.8B | 65/100 |
Where Trekor Metals Limited Ranks
Frequently Asked Questions
What is Trekor Metals Limited's annual revenue?
Trekor Metals Limited (TGB) reported $490.7M in total revenue for fiscal year 2025. This represents a 16.2% 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 Trekor Metals Limited's revenue growing?
Trekor Metals Limited (TGB) revenue grew by 16.2% year-over-year, from $422.3M to $490.7M in fiscal year 2025.
Is Trekor Metals Limited profitable?
No, Trekor Metals Limited (TGB) reported a net loss of $21.9M in fiscal year 2025, with a net profit margin of -4.5%.
What is Trekor Metals Limited's EBITDA?
Trekor Metals Limited (TGB) had EBITDA of $89.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Trekor Metals Limited have?
As of fiscal year 2025, Trekor Metals Limited (TGB) had $137.1M in cash and equivalents against $518.7M in long-term debt.
What is Trekor Metals Limited's gross margin?
Trekor Metals Limited (TGB) had a gross margin of 22.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Trekor Metals Limited's operating margin?
Trekor Metals Limited (TGB) had an operating margin of 3.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Trekor Metals Limited's net profit margin?
Trekor Metals Limited (TGB) had a net profit margin of -4.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Trekor Metals Limited's return on equity (ROE)?
Trekor Metals Limited (TGB) has a return on equity of -3.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Trekor Metals Limited's operating cash flow?
Trekor Metals Limited (TGB) generated $160.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Trekor Metals Limited's total assets?
Trekor Metals Limited (TGB) had $1.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Trekor Metals Limited's current ratio?
Trekor Metals Limited (TGB) had a current ratio of 1.50 as of fiscal year 2025, which is considered adequate.
What is Trekor Metals Limited's debt-to-equity ratio?
Trekor Metals Limited (TGB) had a debt-to-equity ratio of 0.91 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Trekor Metals Limited's liabilities-to-equity ratio?
Trekor Metals Limited (TGB) had a liabilities-to-equity ratio of 2.18 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Trekor Metals Limited's return on assets (ROA)?
Trekor Metals Limited (TGB) had a return on assets of -1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Trekor Metals Limited's P/E ratio?
Trekor Metals Limited (TGB) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $2.7B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Trekor Metals Limited's price-to-sales ratio?
Trekor Metals Limited (TGB) trades at 5.4x sales, its market capitalization divided by $490.7M revenue, FY2025. The market capitalization is $2.7B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Trekor Metals Limited's Altman Z-Score?
Trekor Metals Limited (TGB) has an Altman Z-Score of 1.59, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Trekor Metals Limited's Piotroski F-Score?
Trekor Metals Limited (TGB) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Trekor Metals Limited's earnings high quality?
Trekor Metals Limited (TGB) reported a net loss of $21.9M while generating $160.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Trekor Metals Limited cover its interest payments?
Trekor Metals Limited (TGB) has an interest coverage ratio of 0.28x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Trekor Metals Limited?
Trekor Metals Limited (TGB) scores 46 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Trekor Metals Limited it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.