ALM on Nasdaq
Almonty Industries Inc.
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Last updated Oct 16, 2026.
Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Panasquiera mine [member] brought in 100% of the revenue Almonty Industries Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Panasquiera mine [member] | 28.8M CAD | 32.5M CAD |
| Woulfe [member] | 26.0K CAD | 48.0K CAD |
Regions
Portugal country [member] brought in 100% of the revenue Almonty Industries Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| Portugal country [member] | 28.8M CAD | 32.5M CAD |
| South korea country [member] | 26.0K CAD | 48.0K CAD |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs100¢32.5M CAD
Out of 32.5M CAD in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | 32.5M CAD | 28.8M CAD |
| Production costs | 27.9M CAD | 24.7M CAD |
| Care and maintenance costs | 1.2M CAD | 1.1M CAD |
| Depreciation and amortization | 1.0M CAD | 1.1M CAD |
| Total cost of sales | 30.1M CAD | 26.9M CAD |
| Income from mining operations | 2.4M CAD | 2.0M CAD |
| General and administrative | 20.5M CAD | 6.2M CAD |
| Interest expense | 4.0M CAD | 4.6M CAD |
| Share-based compensation | 11.1M CAD | 2.7M CAD |
| Foreign exchange loss | 3.0M CAD | 1.8M CAD |
| Total operating expenses | 38.6M CAD | 15.2M CAD |
| Loss before other income (expenses) and income taxes | -36.2M CAD | -13.3M CAD |
| Interest income | 1.5M CAD | 2.0K CAD |
| Loss on valuation of warrant liabilities | -29.3M CAD | -2.0M CAD |
| Loss on valuation of embedded derivative liabilities | -97.4M CAD | -630.0K CAD |
| Total other income (expenses) | -125.2M CAD | -2.7M CAD |
| Net loss before income taxes | -161.4M CAD | -15.9M CAD |
| Income tax expense | -36.0K CAD | -133.0K CAD |
| Deferred tax expense | -434.0K CAD | -239.0K CAD |
| Total tax expense (income) | -470.0K CAD | -372.0K CAD |
| Net loss for the year | -161.9M CAD | -16.3M CAD |
| Unrealized loss on foreign currency translation | -3.2M CAD | -16.2M CAD |
| Comprehensive loss for the year | -165.1M CAD | -32.5M CAD |
| Net Loss per share - Basic | -0.78 CAD | -0.10 CAD |
| Net Loss per share - Diluted | -0.78 CAD | -0.10 CAD |
| Weighted average number of common shares outstanding - Basic | 208.0M shares | 169.4M shares |
| Weighted average number of common shares outstanding - Diluted | 208.0M shares | 169.4M shares |
No quarterly figures reported.
Every line of the balance sheet in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | 268.4M CAD | 7.8M CAD | 22.0M CAD |
| Trade receivables | 3.1M CAD | 2.9M CAD | |
| Taxes recoverable | 2.0M CAD | 573.0K CAD | |
| Inventories | 9.4M CAD | 6.7M CAD | |
| Prepaid expenses and other current assets | 4.1M CAD | 2.5M CAD | |
| Total Current Assets | 286.9M CAD | 20.6M CAD | |
| Mining assets | 266.4M CAD | 201.9M CAD | |
| Tailings inventory | 33.4M CAD | 31.0M CAD | |
| Deferred tax assets | 2.2M CAD | 2.4M CAD | |
| Other assets | 762.0K CAD | 561.0K CAD | |
| Total Non Current Assets | 302.8M CAD | 235.8M CAD | |
| Total Assets | 589.7M CAD | 256.3M CAD | |
| Accounts payable and accrued liabilities | 33.4M CAD | 29.1M CAD | |
| Deferred revenue | 3.1M CAD | 74.0K CAD | |
| Warrant liabilities | 1.9M CAD | 5.2M CAD | |
| Derivative liabilities | 8.1M CAD | 1.1M CAD | |
| Current portion of long-term debt | 27.3M CAD | 21.9M CAD | |
| Total Current Liabilities | 73.7M CAD | 57.4M CAD | |
| Long-term debt | 134.8M CAD | 135.0M CAD | |
| Restoration provision and other liabilities | 23.3M CAD | 24.9M CAD | |
| Deferred tax liabilities | 15.0K CAD | 14.0K CAD | |
| Total Non Current Liabilities | 158.2M CAD | 159.9M CAD | |
| Total Liabilities | 231.9M CAD | 217.3M CAD | |
| Share capital | 568.0M CAD | 146.5M CAD | |
| Subscriptions received | 103.0K CAD | ||
| Commitment to issue shares | 60.7M CAD | ||
| Equity portion of convertible debentures | 508.0K CAD | 1.2M CAD | |
| Contributed surplus | 18.5M CAD | 16.1M CAD | |
| Accumulated other comprehensive deficit | -7.8M CAD | -4.6M CAD | |
| Deficit | -282.1M CAD | -120.2M CAD | |
| Total Shareholders Equity | 357.8M CAD | 39.1M CAD | |
| Total Liabilities and Shareholders Equity | 589.7M CAD | 256.3M CAD |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss for the year | -161.9M CAD | -16.3M CAD |
| Share-based compensation | 11.1M CAD | 2.7M CAD |
| Depreciation and amortization | 1.0M CAD | 1.1M CAD |
| Interest expense | 4.0M CAD | 4.6M CAD |
| Income tax expense | 36.0K CAD | 133.0K CAD |
| Deferred income taxes | 434.0K CAD | 239.0K CAD |
| Loss on valuation of warrant liabilities | 29.3M CAD | 2.0M CAD |
| Loss on valuation of embedded derivative liabilities | 97.4M CAD | 630.0K CAD |
| Unrealized foreign exchange loss | 3.0M CAD | 1.8M CAD |
| Adjustments for profit loss | -15.6M CAD | -3.1M CAD |
| Trade receivables | -158.0K CAD | -248.0K CAD |
| Taxes recoverable | -1.4M CAD | 88.0K CAD |
| Inventories | -2.7M CAD | 1.1M CAD |
| Prepaid expenses and other current assets | -1.5M CAD | 541.0K CAD |
| Accounts payable and accrued liabilities | -689.0K CAD | -5.4M CAD |
| Deferred revenues | 3.0M CAD | -988.0K CAD |
| Net change in non-cash working capital | -3.5M CAD | -4.9M CAD |
| Other assets | -115.0K CAD | 482.0K CAD |
| Cash flow used in operating activities | -19.1M CAD | -7.5M CAD |
| Additions to mining assets | -60.8M CAD | -36.2M CAD |
| Acquisition of US Tungsten Inc. | -1.4M CAD | |
| Acquisition related costs | -32.0K CAD | |
| Cash flow used in investing activities | -62.3M CAD | -36.2M CAD |
| Issuance of common shares | 313.3M CAD | 11.8M CAD |
| Share subscriptions received in advance | 103.0K CAD | |
| Share issuance costs paid | -24.9M CAD | -289.0K CAD |
| Exercise of stock options | 177.0K CAD | |
| Exercise of CDI options | 20.2M CAD | |
| Exercise of warrants | 8.6M CAD | |
| Issuance of long-term debt | 28.4M CAD | 43.6M CAD |
| Repayment of long-term debt | -1.2M CAD | -23.6M CAD |
| Interest paid | -2.7M CAD | -2.3M CAD |
| Cash flow provided by financing activities | 342.0M CAD | 29.4M CAD |
| Effect of foreign currency translation on cash | -18.0K CAD | 169.0K CAD |
| Net increase (decrease) in cash for the year | 260.6M CAD | -14.2M CAD |
Recent filings
- Oct 13, 20266-K
- Oct 5, 20266-K
- Sep 30, 20266-K
- Sep 29, 20266-K
- Sep 21, 20266-K
- Sep 17, 20266-K
- Sep 14, 20266-K
- Aug 17, 20266-K
- Aug 12, 20266-K
- Aug 7, 2026SCHEDULE 13G/A
- Aug 7, 2026S-8 POS
- Aug 6, 2026SCHEDULE 13G/A
- Aug 5, 2026S-8
- Jul 24, 20266-K
- Jul 20, 20266-K
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
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