Americas Gold and Silver Corp (USAS) financial statements: income statement, balance sheet and cash flow
Americas Gold and Silver Corp'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 (Dec 31, 2025 · FY), Americas Gold and Silver Corp reported revenue of $117.9M (+17.7% year on year) and net income of ($87.4M) (-94.6% year on year).
Income statement
Americas Gold and Silver Corp income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenue
$117.9M
$100.2M
$89.6M
$85.0M
Cost of sales
($84.9M)
$82.7M
($75.1M)
($72.1M)
Depletion and amortization
($21.2M)
($24.1M)
($20.8M)
($21.3M)
Care and maintenance costs
($2.5M)
($4.1M)
($3.8M)
($4.5M)
Corporate general and administrative
($28.6M)
($8.9M)
($8.6M)
($9.4M)
Exploration costs
($6.1M)
($6.0M)
($3.4M)
($3.8M)
Accretion on decommissioning provision
($627.0K)
($616.0K)
($587.0K)
($427.0K)
Interest and financing expense
($5.3M)
($7.4M)
($8.2M)
($1.8M)
Foreign exchange loss
($1.8M)
($3.5M)
$404.0K
($3.6M)
Gain on disposal of assets
$967.0K
$18.0K
$402.0K
—
Impairment to property, plant and equipment
($10.4M)
—
—
—
Loss on metals contract liabilities
($46.3M)
—
—
—
Other gain (loss) on derivatives
$6.3M
($164.0K)
$120.0K
$214.0K
Fair value loss on royalty payable
($351.0K)
—
—
—
Loss before income taxes
($82.8M)
($48.2M)
($40.2M)
($41.5M)
Income tax expense
($4.6M)
($679.0K)
$2.1M
($3.7M)
Net Income
($87.4M)
($44.9M)
($35.0M)
($43.1M)
Net loss
($87.4M)
($48.9M)
($38.2M)
($45.2M)
Remeasurement of post-employment benefit obligations
$1.3M
$2.2M
$878.0K
$4.7M
Deferred income taxes
($277.0K)
$452.0K
($184.0K)
($977.0K)
Foreign currency translation reserve
($967.0K)
$6.1M
($1.5M)
$3.0M
Other comprehensive income
$74.0K
$7.8M
($778.0K)
$6.6M
Shareholders of the Company
($87.4M)
($37.8M)
($36.0M)
($37.9M)
Non-controlling interests
$0
($3.9M)
($3.2M)
($2.1M)
Comprehensive loss
($87.4M)
($41.1M)
($39.0M)
($38.5M)
Basic
-$0.33
—
—
-$0.23
Diluted
-$0.33
—
—
—
Basic
267.3M
264.9M
212.7M
184.4M
Diluted
267.3M
—
—
—
Americas Gold and Silver Corp income statement, quarters
Line item
Sep 30, 2018 · YTD
Revenue
$49.5M
Cost of sales (Note 13)
($37.9M)
Depletion and amortization (Note 7)
($7.0M)
Care, maintenance and restructuring costs
($990.0K)
Corporate general and administrative expenses (Note 14)
($5.2M)
Exploration costs
($2.5M)
Accretion on decommissioning provision
($144.0K)
Interest and financing income (expense)
($746.0K)
Foreign exchange loss
($271.0K)
Gain on disposal of assets (Note 7)
$870.0K
Gain on forward contracts (Note 16)
$857.0K
Write-down of equipment (Note 7)
($65.0K)
Contingency on value added taxes (Note 18)
($125.0K)
Loss before income taxes
($3.9M)
Income tax recovery (expense) (Note 15)
$10.0K
Net loss
($3.9M)
Foreign currency translation reserve
$174.0K
Other comprehensive income (loss)
$174.0K
Comprehensive loss
($3.7M)
Basic and diluted
-$0.09
Weighted Average Shares Outstanding
42.4M
Balance sheet
Americas Gold and Silver Corp balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and Cash Equivalents
$129.8M
$20.0M
$2.1M
$2.0M
Trade and other receivables
$8.9M
$7.1M
$9.5M
$11.6M
Inventories
$10.7M
$10.7M
$8.7M
$8.8M
Prepaid Expenses
$2.5M
$2.9M
$2.8M
$3.0M
Derivative instruments
$1.8M
—
—
—
Total current assets
$153.7M
$40.7M
$23.0M
$25.4M
Restricted Cash, Non-Current
$4.7M
$4.5M
$4.4M
$4.1M
Property, plant and equipment
$248.8M
$147.4M
$153.1M
$161.3M
Investment in joint ventures
$2.8M
—
—
—
Derivative instruments
$3.0M
—
—
—
Total assets
$413.0M
$192.6M
$180.5M
$190.8M
Trade and other payables
$38.8M
$37.3M
$23.0M
$27.1M
Metals contract liability
$21.3M
—
—
—
Silver contract liability
$13.3M
—
—
—
Derivative instruments
$0
$709.0K
—
—
Convertible debenture
$0
—
—
—
Pre-payment facility
$0
$2.0M
$2.3M
—
Credit facility
$7.0M
$2.0M
—
—
Term loan facility
$2.9M
—
—
—
Royalty payable
$2.8M
—
—
—
Total current liabilities
$86.2M
$69.4M
$61.2M
$42.1M
Other long-term liabilities
$2.4M
$1.7M
$1.6M
$1.8M
Metals contract liability
$19.7M
—
—
—
Silver contract liability
$24.2M
—
—
—
Credit facility
$399.0K
$7.4M
—
—
Term loan facility
$45.3M
—
—
—
Post-employment benefit obligations
$2.1M
$3.9M
$6.5M
$7.0M
Decommissioning provision
$11.0M
$11.4M
$12.2M
$11.7M
Deferred tax liabilities
$13.0K
$48.0K
$629.0K
$348.0K
Total liabilities
$191.4M
$139.2M
$108.3M
$92.2M
Share capital
$812.6M
$573.5M
$455.5M
$449.4M
Accumulated Other Comprehensive Income
$64.3M
$56.5M
$52.9M
$50.9M
Foreign currency translation reserve
$13.5M
$14.4M
$8.3M
$9.8M
Retained Earnings
($668.7M)
($591.0M)
($463.4M)
($428.8M)
Total equity
$221.6M
$53.4M
$72.2M
$98.6M
Total liabilities and equity
$413.0M
$192.6M
$180.5M
$190.8M
Americas Gold and Silver Corp balance sheet, quarters
Line item
Sep 30, 2018
Cash and Cash Equivalents
$3.1M
Accounts Receivable
$5.6M
Inventory
$8.3M
Prepaid Expenses
$1.8M
Forward contracts (Note 16)
$263.0K
Current assets
$19.0M
Restricted Cash, Non-Current
$709.0K
Property, Plant and Equipment
$106.0M
Total assets
$125.8M
Accounts Payable
$10.4M
Pre-payment facility (Note 9)
$5.4M
Current liabilities
$15.8M
Other Non-Current Liabilities
$735.0K
Pre-payment facility (Note 9)
$6.9M
Post-employment benefit obligations
$8.6M
Decommissioning provision
$3.9M
Deferred tax liabilities (Note 15)
$236.0K
Total liabilities
$36.1M
Total Stockholders' Equity
$212.5M
Accumulated Other Comprehensive Income
$34.6M
Foreign currency translation reserve
$6.5M
Retained Earnings
($163.9M)
Total equity
$89.7M
Total liabilities and equity
$125.8M
Cash flow statement
Americas Gold and Silver Corp cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net loss for the period
($87.4M)
—
—
—
Depletion and amortization
$21.2M
$24.1M
$20.8M
$21.3M
Income tax expense
$4.6M
$679.0K
($2.1M)
$3.7M
Accretion on decommissioning provision
$627.0K
—
—
—
Share-based payments
$12.1M
$1.5M
$2.0M
$2.7M
Non-cash expenses from common shares issued
0
—
—
—
Provision on other long-term liabilities
($37.0K)
$616.0K
$587.0K
$427.0K
Interest and financing expense
$1.0M
$3.9M
—
—
Net charges on post-employment benefit obligations
($720.0K)
($946.0K)
$446.0K
$753.0K
Inventory write-downs
$3.7M
($1.3M)
$1.7M
$8.5M
Impairment to property, plant and equipment
$10.4M
$0
$6.0M
$13.4M
Gain on disposal of assets
($967.0K)
$18.0K
($402.0K)
—
Loss on metals contract liabilities
$46.3M
—
—
—
Other loss (gain) on derivatives
($6.3M)
($164.0K)
($120.0K)
($214.0K)
Fair value loss on royalty payable
$351.0K
($875.0K)
$760.0K
—
Cash flows from (used in) operations before changes in working capital
$4.8M
—
—
—
Trade and other receivables
($1.6M)
$2.4M
$2.1M
($3.3M)
Inventories
($3.5M)
($3.3M)
($3.3M)
($2.7M)
Prepaid expenses
$334.0K
($35.0K)
$198.0K
($604.0K)
Trade and other payables
($4.0M)
$3.9M
$214.0K
$4.6M
Net cash generated from (used in) operating activities
($3.9M)
($3.1M)
($1.0M)
($1.2M)
Expenditures on property, plant and equipment
($69.2M)
$18.9M
($19.9M)
($19.6M)
Proceeds from disposal of assets
$998.0K
$0
$1.8M
—
Net cash used in investing activities
($68.2M)
($18.9M)
($18.1M)
($19.6M)
Glencore pre-payment facility
$0
—
—
—
Net movements in pre-payment facility
($2.0M)
—
—
—
Net movements in credit facility
($2.4M)
—
—
—
Lease payments
($1.3M)
$679.0K
($2.7M)
($3.4M)
Repayment of promissory notes
$0
—
—
—
Equity offering, net
0
-5.0M
—
9.8M
Non-brokered private placements, net
$20.3M
($9.2M)
—
—
Private placement of subscription receipts, net
$0
$33.4M
—
—
Bought deal private placement, net
$126.9M
—
—
—
Acquisition of non-controlling interests
$0
($10.0M)
—
—
Term loan facility, net
$49.8M
—
—
—
Metals contract liability
($18.2M)
—
—
($7.4M)
Royalty agreement
($360.0K)
—
—
—
Derivative instruments
$1.0M
—
—
—
Proceeds from exercise of options and warrants
$9.1M
—
—
—
Contribution from non-controlling interests
$0
$2.8M
$4.4M
$7.2M
Net cash generated from financing activities
$182.9M
$35.1M
$20.3M
$17.4M
Net Change in Cash
($928.0K)
$4.7M
($1.1M)
$2.4M
Increase in cash and cash equivalents
$109.8M
$17.9M
$97.0K
($936.0K)
Cash and cash equivalents, beginning of year
$20.0M
$2.1M
$2.0M
$2.9M
Cash and cash equivalents, end of year
$129.8M
$20.0M
$2.1M
$2.0M
Americas Gold and Silver Corp cash flow statement, quarters
Line item
Sep 30, 2018 · YTD
Net loss for the period
($3.9M)
Depreciation & Amortization (CF)
$7.0M
Deferred income tax expense (recovery)
($10.0K)
Accretion and decommissioning costs
$12.0K
Share-based payments
$1.7M
Unrealized loss on non-current assets
$2.0K
Provision on other long-term liabilities
$21.0K
Net charges on post-employment benefit obligations
$13.0K
Gain/Loss on Asset Sales (CF)
($183.0K)
Write-down of equipment
$65.0K
Contingency on value added taxes
$125.0K
Total adjustments
$4.9M
Trade and other receivables
$985.0K
Change in Inventory
$1.1M
Prepaid expenses
($905.0K)
Forward contracts
($80.0K)
Trade and other payables
($152.0K)
Net cash generated from (used in) operating activities
$5.8M
Expenditures on property, plant and equipment
($10.7M)
Purchase of San Felipe property option
($2.0M)
Bond on decommissioning costs
($370.0K)
Net cash used in investing activities
($13.0M)
Financing from (repayments to ) pre-payment facility