Silvercorp Metals Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Mar 31, 2026 · FY), Silvercorp Metals Inc reported revenue of $438.1M (+46.6% year on year) and net income of $32.9M (-58.2% year on year).
| Line item | Mar 31, 2026 · FY | Mar 31, 2025 · FY | Mar 31, 2024 · FY | Mar 31, 2023 · FY |
|---|---|---|---|---|
| Revenue | $438.1M | $298.9M | $215.2M | $208.1M |
| Production costs | $115.3M | $108.4M | $88.6M | $91.8M |
| Depreciation and amortization | $35.1M | $31.0M | $27.3M | $27.6M |
| Mineral resource taxes | $9.5M | $7.4M | $5.3M | $5.1M |
| Government fees and other taxes | $12.3M | $16.0M | $2.6M | $2.4M |
| General and administrative | $12.1M | $12.6M | $10.8M | $10.5M |
| Cost of sales | $184.4M | $175.3M | $134.6M | $137.3M |
| Income from mine operations | $253.7M | $123.6M | $80.6M | $70.8M |
| Corporate general and administrative | $20.9M | $17.6M | $14.1M | $13.2M |
| Property evaluation and business development | $1.7M | $3.3M | $807.0K | $438.0K |
| Foreign exchange (gain) loss | ($498.0K) | — | — | — |
| Gain on investments | ($33.7M) | ($12.5M) | ($7.7M) | — |
| Loss on derivative liabilities | $178.5M | $9.0M | — | — |
| Share of loss in associates | $532.0K | $2.8M | $2.7M | $2.9M |
| Dilution loss on investment in associate | $285.0K | — | — | $107.0K |
| Loss on disposal of plant and equipment. | $226.0K | $163.0K | $45.0K | $444.0K |
| Other (income) expense | $3.7M | ($609.0K) | — | — |
| Income from operations | $82.1M | $103.2M | $63.9M | $33.7M |
| Finance income | $11.9M | $8.5M | $6.2M | $4.7M |
| Finance costs | ($13.6M) | ($6.7M) | ($213.0K) | ($3.3M) |
| Income before income taxes | $80.4M | $105.0M | $70.0M | $35.1M |
| Income tax expense | $47.5M | $26.2M | $20.3M | $14.0M |
| Equity holders of the Company | ($9.9M) | $58.2M | $36.3M | $20.6M |
| Non-controlling interests | $42.9M | $20.6M | $13.4M | $492.0K |
| Net income | $32.9M | $78.8M | $49.7M | $21.1M |
| Basic earnings per share (in Dollars per share) | -$0.05 | $0.29 | $0.21 | $0.12 |
| Diluted earnings per share (in Dollars per share) | -$0.05 | $0.28 | $0.20 | $0.12 |
| Weighted Average Number of Shares Outstanding - Basic (in Shares) | 219.4M | 204.0M | 177.0M | 176.9M |
| Weighted Average Number of Shares Outstanding - Diluted (in Shares) | 219.4M | 206.3M | 179.1M | 179.0M |
| Line item | Mar 31, 2026 · FY | Mar 31, 2025 · FY | Mar 31, 2024 · FY | Mar 31, 2023 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $422.0M | $364.0M | $152.9M | $145.7M |
| Short-term investments | $346.0K | $5.1M | $31.9M | $57.6M |
| Trade and other receivables | $1.6M | $1.1M | $2.2M | $1.8M |
| Inventories | $9.5M | $8.0M | $7.4M | $8.3M |
| Due from related parties | $1.6M | $1.2M | $590.0K | $88.0K |
| Prepaids and deposits | $8.5M | $7.6M | $6.7M | $4.9M |
| Total current assets | $443.4M | $386.9M | $201.9M | $219.0M |
| Long-term prepaids and deposits | $13.4M | $2.1M | $1.6M | $871.0K |
| Long-term receivables | $5.2M | $1.1M | — | — |
| Reclamation deposits | $4.6M | $4.3M | $4.4M | $7.0M |
| Other investments | $54.2M | $17.3M | $46.3M | $15.5M |
| Investment in associates | $54.6M | $46.0M | $49.4M | $50.7M |
| Investment properties | $487.0K | $511.0K | $463.0K | — |
| Plant and equipment | $108.5M | $93.8M | $79.9M | $80.1M |
| Mineral rights and properties | $779.7M | $587.0M | $318.8M | $303.4M |
| TOTAL ASSETS | $1.5B | $1.1B | $702.8M | $676.8M |
| Accounts payable and accrued liabilities | $85.2M | $63.9M | $41.8M | $36.7M |
| Current portion of lease obligation | $286.0K | $278.0K | $213.0K | $269.0K |
| Current portion of convertible notes | $2.1M | $2.5M | — | — |
| Deposits received | $20.9M | $7.3M | $4.2M | $4.1M |
| Income tax payable | $15.6M | $2.7M | $921.0K | $144.0K |
| Total current liabilities | $124.0M | $76.6M | $47.2M | $41.2M |
| Long-term portion of lease obligation | $882.0K | $1.1M | $1.1M | $314.0K |
| Long-term portion of convertible notes | $115.2M | $108.2M | — | — |
| Long term deposit | $44.9M | — | — | — |
| Deferred income tax liabilities | $63.0M | $59.3M | $51.1M | $48.1M |
| Environmental rehabilitation | $10.6M | $9.6M | $6.4M | $7.3M |
| Total Liabilities | $358.6M | $305.6M | $105.8M | $97.0M |
| Share capital | $428.7M | $412.0M | $258.4M | $255.7M |
| Equity reserves | $232.4M | ($15.1M) | ($12.9M) | $3.5M |
| Retained earnings | $280.0M | $305.9M | $261.8M | $229.9M |
| Total equity attributable to the equity holders of the Company | $941.0M | $702.7M | $507.3M | $489.1M |
| Non-controlling interests | $164.7M | $130.7M | $89.8M | $90.8M |
| Total Equity | $1.1B | $833.4M | $597.0M | $579.8M |
| TOTAL LIABILITIES AND EQUITY | $1.5B | $1.1B | $702.8M | $676.8M |
| Line item | Mar 31, 2026 · FY | Mar 31, 2025 · FY | Mar 31, 2024 · FY | Mar 31, 2023 · FY |
|---|---|---|---|---|
| Net income | $32.9M | $78.8M | $49.7M | $21.1M |
| Finance costs | $13.6M | $6.7M | $213.0K | $3.3M |
| Income tax expense | $47.5M | $26.2M | $20.3M | $14.0M |
| Depreciation, amortization and depletion | $36.9M | $32.8M | $29.0M | $29.4M |
| Gain on investments, net | ($33.7M) | — | ($733.0K) | $107.0K |
| Loss on derivative liabilities | $178.5M | $9.0M | — | — |
| Share of loss in associates | $532.0K | $2.8M | $2.7M | $2.9M |
| Dilution loss on investment in associate | $285.0K | — | — | — |
| Loss on disposal of plant and equipment | $226.0K | $163.0K | $45.0K | $444.0K |
| Share-based compensation | $4.1M | $3.7M | $4.1M | $3.8M |
| Reclamation expenditures | ($1.1M) | ($819.0K) | ($970.0K) | ($361.0K) |
| Income taxes paid | ($34.4M) | ($15.7M) | ($13.4M) | ($9.5M) |
| Long-term deposit received | $43.9M | — | — | — |
| Interest paid | ($82.0K) | ($126.0K) | ($22.0K) | ($43.0K) |
| Changes in non-cash operating working capital | $21.4M | $7.6M | $4.1M | ($2.0M) |
| Net cash provided by operating activities | $310.6M | $138.6M | $91.6M | $85.6M |
| Payment on plant and equipment acquisition | ($12.9M) | ($20.0M) | ($11.5M) | ($13.3M) |
| Proceeds from disposal of plant and equipment | $14.0K | $46.0K | $880.0K | $215.0K |
| Proceeds from disposal of mineral rights and properties | $12.0K | — | — | — |
| Payment on mineral exploration and development expenditures | ($116.4M) | ($59.8M) | — | — |
| Acquisition of Chaarat ZAAV CJSC | ($91.7M) | — | — | — |
| Payment on reclamation deposits | ($711.0K) | ($83.0K) | — | — |
| Refunds from reclamation deposits | $634.0K | $209.0K | — | — |
| Payment on other investments acquisition | ($2.0M) | ($21.0M) | — | — |
| Proceeds from disposal of other investments | $740.0K | $36.3M | — | — |
| Payment on acquisition of shares in associates | -9.4M | — | — | — |
| Loan advanced to a third party | ($2.5M) | — | — | — |
| Payment on short-term investment acquisition | ($141.0K) | ($108.3M) | ($65.6M) | ($182.3M) |
| Proceeds on short-term investment redemption | $5.0M | $134.2M | — | — |
| Net cash used in investing activities | ($229.3M) | ($44.7M) | ($65.7M) | ($26.5M) |
| Interest paid on convertible notes | ($7.5M) | — | — | — |
| Lease payment | ($258.0K) | ($271.0K) | — | — |
| Cash dividends distributed | ($5.5M) | ($4.9M) | ($4.4M) | ($4.4M) |
| Non-controlling interests distribution | ($24.9M) | ($11.0M) | — | — |
| Proceeds from issuance of common shares | 6.3M | 2.8M | — | — |
| Net cash (used in) provided by financing activities | ($31.9M) | $115.1M | ($16.8M) | ($18.0M) |
| Effect of exchange rate changes on cash and cash equivalents | $8.6M | $2.0M | ($1.8M) | ($8.7M) |
| Increase in cash and cash equivalents | $58.0M | $211.0M | $7.3M | $32.4M |
| Cash and cash equivalents, beginning of the year | $364.0M | $152.9M | $145.7M | $113.3M |
| Cash and cash equivalents, end of the year | $422.0M | — | — | — |
Silvercorp Metals Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.