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Caledonia Mining Corp Plc
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Last updated Oct 18, 2026.
Overview
Compare with McEwen Mining, OR Royalties or Silvercorp Metals, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
42.1%Gross margin3
23.9%Operating margin3
12.6%Net margin3
25.1%Revenue growth, 20243
9.8%Return on equity3
$14.5MFree cash flow3
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Blanket Mine [member] brought in 91% of the revenue Caledonia Mining Corp Plc broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Blanket Mine [member] | $140.6M | $179.4M | $262.2M |
| South African operations [member] | $17.6M | $19.3M | $20.3M |
| Bilboes Gold [member] | $5.7M | $3.6M | $5.4M |
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Other costs87¢$160.0M
- Profit13¢$23.1M
Out of $183.0M in revenue.3
Where each dollar of operating cash went, fiscal 2024
- Capital spending65¢$27.5M
- Kept or used elsewhere35¢$14.5M
Out of $42.0M of cash from operations.3
Financial statements
Every line of the income statement in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $267.7M | $183.0M | $146.3M |
| Royalty | -$13.5M | -$9.3M | -$7.6M |
| Production costs | -$101.3M | -$80.7M | -$82.7M |
| Depreciation | -$15.7M | -$16.0M | -$14.5M |
| Gross profit | $137.1M | $77.0M | $41.5M |
| Net foreign exchange loss | -$3.3M | -$9.7M | -$6.8M |
| Administrative expenses | -$20.5M | -$15.7M | -$17.4M |
| Fair value loss on derivative financial instrument | -$6.4M | -$831.0K | -$1.1M |
| Equity-settled share-based expense | -$203.0K | -$1.1M | -$640.0K |
| Cash-settled share-based expense | -$839.0K | -$201.0K | -$463.0K |
| Other expenses | -$5.1M | -$6.9M | -$4.4M |
| Other income | $248.0K | $1.1M | $263.0K |
| Profit on the sale of non-current assets held for sale | $8.5M | ||
| Operating profit | $109.6M | $43.7M | $11.0M |
| Finance income | $461.0K | $26.0K | $39.0K |
| Finance cost | -$3.5M | -$3.2M | -$3.0M |
| Profit before tax | $106.6M | $40.5M | $8.0M |
| Tax expense | -$39.1M | -$17.5M | -$12.8M |
| Profit (loss) for the year | $67.5M | $23.1M | -$4.8M |
| Exchange differences on translation of foreign operations | $1.1M | -$116.0K | -$622.0K |
| Owners of the Company | $55.2M | $17.9M | -$7.9M |
| Non-controlling interests | $12.3M | $5.2M | $3.0M |
| Owners of the Company | $56.3M | $17.8M | -$8.5M |
| Non-controlling interests | $12.3M | $5.2M | $3.0M |
| Total comprehensive income for the year | $68.6M | $22.9M | -$5.5M |
| Basic earnings (loss) per share ($) (in dollars per share) | $2.83 | $0.91 | -$0.44 |
| Diluted earnings (loss) per share ($) (in dollars per share) | $2.83 | $0.91 | -$0.44 |
No quarterly figures reported.
Every line of the balance sheet in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Exploration and evaluation assets | $103.8M | $97.3M | $94.3M |
| Property, plant and equipment | $204.5M | $189.5M | |
| Right of use assets | $1.1M | ||
| Derivative financial assets | $7.3M | ||
| Deferred tax asset | $230.0K | $264.0K | |
| Total non-current assets | $317.0M | $287.0M | |
| Income tax receivable | $8.0K | $355.0K | |
| Inventories | $26.8M | $23.8M | |
| Derivative financial assets | $954.0K | ||
| Trade and other receivables | $11.9M | $12.7M | |
| Prepayments | $14.5M | $6.7M | |
| Fixed term deposit | $5.0M | ||
| Cash and cash equivalents | $35.7M | $4.3M | |
| Assets held for sale | $13.5M | ||
| Total current assets | $94.9M | $61.3M | |
| Total assets | $411.9M | $348.4M | |
| Share capital | $166.3M | $165.4M | |
| Reserves | $138.3M | $138.5M | |
| Retained loss | -$45.6M | -$90.0M | |
| Equity attributable to shareholders of the parent | $259.0M | $213.9M | |
| Non-controlling interests | $24.5M | $20.6M | |
| Total equity | $283.5M | $234.5M | $224.2M |
| Deferred tax liabilities | $51.0M | $48.4M | |
| Provisions | $9.7M | $9.7M | |
| Loans and borrowings | $1.1M | $1.5M | |
| Loan note instruments | $4.0M | $8.3M | |
| Cash-settled share-based payment | $1.3M | $411.0K | |
| Lease liabilities | $911.0K | $199.0K | |
| Total non-current liabilities | $68.0M | $68.5M | |
| Cash-settled share-based payment | $1.1M | $634.0K | |
| Income tax payable | $351.0K | $3.0M | |
| Lease liabilities | $268.0K | $95.0K | |
| Loans and borrowings | $6.7M | $1.2M | |
| Loan note instruments | $7.8M | $855.0K | |
| Trade and other payables | $32.3M | $26.6M | |
| Overdrafts | $11.9M | $12.9M | |
| Liabilities associated with assets held for sale | $104.0K | ||
| Total current liabilities | $60.4M | $45.4M | |
| Total liabilities | $128.3M | $113.9M | |
| Total equity and liabilities | $411.9M | $348.4M |
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.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash inflow from operations | $105.4M | $55.4M | $26.4M |
| Interest received | $461.0K | $26.0K | $39.0K |
| Finance costs paid | -$3.1M | -$2.9M | -$2.5M |
| Tax paid | -$26.6M | -$10.6M | -$9.2M |
| Net cash inflow from operating activities | $76.2M | $42.0M | $14.8M |
| Acquisition of property, plant and equipment | -$32.5M | -$27.5M | -$28.6M |
| Acquisition of exploration and evaluation assets | -$3.6M | -$3.8M | -$1.8M |
| Proceeds from sale of property, plant and equipment | $17.0K | ||
| Gross proceeds from sale of non-current assets held for sale | $22.4M | ||
| Selling cost on sale of non-current assets held for sale | -$384.0K | ||
| Proceeds from derivative financial instruments | $178.0K | ||
| Acquisition of put options | -$5.4M | -$743.0K | -$946.0K |
| Investment in fixed term deposits | -$28.5M | ||
| Matured fixed term deposits | $23.5M | ||
| Net cash used in investing activities | -$24.5M | -$32.1M | -$31.2M |
| Dividends paid | -$19.9M | -$12.3M | -$11.1M |
| Payment of lease liabilities | -$244.0K | -$182.0K | -$184.0K |
| Proceeds from loans and borrowings | $3.0M | ||
| Repayments of loans and borrowings | -$1.5M | -$326.0K | |
| Loan notes - solar bond issue gross receipts | $2.5M | $2.0M | $7.0M |
| Loan notes - solar bond issue transaction cost | -$113.0K | -$30.0K | -$105.0K |
| Loan notes - Motapa payment | -$7.2M | ||
| Shares issued - equity raise (net of transaction cost) | $15.6M | ||
| Proceeds from share options exercised | $95.0K | $37.0K | |
| Net cash (used in) from financing activities | -$19.2M | -$7.8M | $3.9M |
| Net increase (decrease) in cash and cash equivalents | $32.6M | $2.1M | -$12.5M |
| Effect of exchange rate fluctuations on cash and cash equivalents | -$44.0K | $267.0K | -$67.0K |
Former names
- CALEDONIA MINING CORPJun 16, 2003 to Jan 16, 20182
Recent filings
- Oct 15, 20266-K
- Oct 13, 20266-K CURRENT REPORT
- Oct 9, 20266-K
- Sep 28, 20266-K
- Sep 24, 20266-K
- Sep 23, 20266-K
- Sep 22, 20266-K
- Sep 21, 2026SD
- Sep 14, 20266-K
- Aug 28, 20266-K
- Aug 28, 20266-K
- Aug 17, 20266-K
- Aug 17, 20264 PRIMARY DOCUMENT
- Aug 10, 20266-K
- Aug 10, 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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