← Ero Copper Corp.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flows from Operating Activities | |||||||||||
| OPERATING ACTIVITIES | ($2.3m) | ($2.1m) | ($2.0m) | ($2.4m) | ($3.9m) | ($3.3m) | ($2.5m) | ($4.7m) | ($3.4m) | ||
| Net Income | — | — | — | — | — | $101.8m |
$92.8m
-8.86%
|
($68.5m)
-173.78%
|
$263.7m
+485.14%
|
$315.3m
+19.56%
|
|
| Net Income From Continuing Operations | — | — | — | — | — | $103.1m | $94.3m | ($67.8m) | $266.9m | $315.3m | |
| Amortization and depreciation | — | — | — | $39.3m | $47.3m | $59.0m | $83.0m | $87.4m | $115.7m | — | |
| Amortization of deferred revenue | — | — | — | $0 | ($7.3m) | ($14.8m) | ($17.1m) | ($18.3m) | ($14.0m) | — | |
| Depreciation | — | — | — | $0 | $103k | $168k | $207k | $158k | $98k | $148.7m | |
| Depreciation Amortization Depletion | — | — | — | — | — | $59.0m | $83.0m | $87.4m | $115.7m | $148.7m | |
| Deferred Tax | — | — | — | — | — | $23.3m | $18.0m | ($7.7m) | $64.0m | $73.4m | |
| Share-based compensation | $319k | $575k | $406k | $9.1m | $7.8m | $7.9m | $9.2m | $10.0m | $24.6m | $19.4m | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $12.1m | $0 | $1.3m | |
| Change In Working Capital | — | — | — | — | — | ($18.0m) | ($5.9m) | ($48.3m) | ($51.7m) | ($50.3m) | |
| Change In Receivables | — | — | — | — | — | ($1.9m) | $6.9m | ($14.0m) | ($22.4m) | ($41.5m) | |
| Changes In Account Receivables | — | — | — | — | — | ($1.9m) | $6.9m | ($14.0m) | ($22.4m) | ($41.5m) | |
| Change In Inventory | — | — | — | — | — | ($1.7m) | ($5.3m) | ($12.6m) | ($41.6m) | ($44.9m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | ($614k) | $1.7m | ($4.1m) | $18.1m | $46.1m | |
| Other | — | — | — | $1.7m | ($1.2m) | ($490k) | $4.2m | $8.3m | $12.2m | — | |
| Change In Other Current Assets | — | — | — | — | — | ($13.8m) | ($11.7m) | ($17.6m) | ($5.8m) | ($10.0m) | |
| INVESTING ACTIVITIES | $635k | $838k | ($2.4m) | ($5.3m) | ($27.4m) | ($25.9m) | ($3.9m) | ($61.3m) | $7.6m | ||
| Write-downs (reversals of write-downs) of property, plant and equipment | — | — | — | — | — | — | $0 | $12.1m | $0 | — | |
| Additions to mineral properties, plant and equipment | — | — | — | ($117.6m) | ($169.2m) | ($282.8m) | ($447.2m) | ($329.0m) | ($262.8m) | — | |
| Mineral property expenditures | ($1.8m) | ($1.3m) | ($3.9m) | ($5.3m) | — | — | — | — | — | — | |
| Purchase of short-term investments | $2.4m | $2.2m | $1.5m | $1.2m | $2.3m | ($130.0m) | ($40.0m) | $0 | — | — | |
| Gain on marketable securities | $169k | $34k | $92k | ($576k) | ($367k) | $694k | ($621k) | ($48k) | ($2.4m) | — | |
| Redemption (purchase) of short-term investments | — | — | — | — | — | $0 | $16.0m | ($47.5m) | $24.7m | — | |
| Proceeds from sale of marketable securities | — | — | — | — | — | — | — | $0 | $3.5m | — | |
| New loans and borrowings, net of transaction costs | — | — | — | — | — | $401.5m | $14.9m | $213.3m | $57.4m | — | |
| Loans and borrowings repaid | — | — | — | ($57.4m) | ($113.2m) | ($55.6m) | ($7.8m) | ($40.0m) | ($54.7m) | — | |
| Interest paid on loans and borrowings | — | — | — | ($9.7m) | ($4.2m) | ($15.4m) | ($27.5m) | ($32.2m) | ($42.7m) | — | |
| Issuance Of Debt | — | — | — | — | — | $401.5m | $14.9m | $213.3m | $57.4m | $8.2m | |
| Long Term Debt Issuance | — | — | — | — | — | $401.5m | $14.9m | $213.3m | $57.4m | $8.2m | |
| Long Term Debt Payments | — | — | — | — | — | ($63.1m) | ($19.7m) | ($54.2m) | ($72.7m) | ($100.8m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | $338.4m | ($4.8m) | $159.1m | ($15.3m) | ($92.6m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | $338.4m | ($4.8m) | $159.1m | ($15.3m) | ($92.6m) | |
| Repayment Of Debt | — | — | — | — | — | ($63.1m) | ($19.7m) | ($54.2m) | ($72.7m) | ($100.8m) | |
| Common Stock Issuance | — | — | — | — | — | $0 | $104.3m | $0 | — | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | $0 | $104.3m | $0 | — | $0 | |
| Cash Dividends Paid | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Net Other Financing Charges | — | — | — | — | ($4.2m) | ($4.5m) | ($5.5m) | — | — | ($4.8m) | |
| Net increase (decrease) in cash and cash equivalents | ($216k) | $2.6m | ($1.4m) | $41.0m | $67.6m | $47.6m | ($66.0m) | ($61.3m) | $55.0m | — | |
| Cash and cash equivalents - beginning of year | $612k | $395k | $3.0m | $62.5m | $130.1m | $177.7m | $111.7m | $50.4m | $105.4m | — | |
| Beginning Cash Position | — | — | — | — | — | $130.1m | $177.7m | $111.7m | $50.4m | $68.3m | |
| Effect of exchange rate changes on cash and cash equivalents | — | — | — | ($5.5m) | ($2.0m) | $2.7m | $1.4m | ($2.5m) | ($1.8m) | ($5.0m) | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Income (loss) for the year | ($2.7m) | ($2.9m) | ($1.8m) | $52.5m | $202.6m | $103.1m | $94.3m | ($67.8m) | $266.9m | — | |
| Income tax expense (recovery) | — | — | — | $8.9m | $34.3m | $23.3m | $18.0m | ($7.7m) | $64.0m | — | |
| Finance income | — | — | — | ($1.3m) | ($3.0m) | ($10.3m) | ($12.5m) | ($4.3m) | ($5.4m) | — | |
| Finance expenses | — | — | — | $15.4m | $12.2m | $33.2m | $25.8m | $17.1m | $33.4m | — | |
| Foreign exchange (gain) loss | — | — | — | $79.8m | $20.3m | ($23.1m) | ($36.8m) | $159.2m | ($90.1m) | — | |
| Changes in non-cash working capital items | — | — | — | ($9.5m) | ($15.1m) | ($18.0m) | ($8.4m) | ($25.7m) | ($51.7m) | — | |
| Cash flows from operations | — | — | — | $187.0m | $298.0m | $159.8m | $159.9m | $170.3m | $355.6m | — | |
| Advances from customers | — | — | — | $0 | $100.0m | $3.2m | $2.4m | $22.7m | $50.0m | — | |
| Derivative contract settlements | — | — | — | ($20.8m) | ($22.2m) | ($12.0m) | $9.6m | ($10.8m) | ($3.0m) | — | |
| Provision settlements | — | — | — | ($1.6m) | ($2.0m) | ($2.2m) | ($3.3m) | ($5.9m) | ($5.6m) | — | |
| Income taxes paid | — | — | — | ($1.8m) | ($9.1m) | ($5.4m) | ($5.6m) | ($8.2m) | ($1.9m) | — | |
| Cash Flows used in Investing Activities | |||||||||||
| Additions to exploration and evaluation assets | — | — | — | ($199k) | ($12.7m) | ($13.0m) | ($13.5m) | ($8.6m) | ($19.7m) | — | |
| Proceeds from interest received | — | — | — | — | — | $9.7m | $192.5m | $2.2m | $3.9m | — | |
| Proceeds from equity offering, net of share issue costs | — | — | — | — | — | $0 | $104.3m | $0 | — | — | |
| Lease liability payments | — | — | — | ($4.3m) | ($4.8m) | ($7.4m) | ($11.9m) | ($14.2m) | ($18.0m) | — | |
| Other finance expenses paid | — | — | — | ($3.2m) | ($4.2m) | ($4.5m) | ($5.5m) | ($4.1m) | ($8.9m) | — | |
| Proceeds from exercise of stock options | — | — | — | $4.4m | $5.5m | $8.8m | $11.2m | $8.4m | $7.2m | — | |
| Cash flows (used in)/from financing activities | $1.4m | $3.9m | $3.1m | $288k | ($115.4m) | $327.3m | $77.8m | $131.2m | ($59.7m) | — | |
| Finance costs | — | — | — | $0 | $26k | $38k | $26k | $8k | $14k | — | |
| ITEMS NOT AFFECTING CASH | $488k | $608k | ($269k) | ($148k) | $104k | $1.7m | $695k | ($4.4m) | ($3.1m) | ||
| Change in non-cash working capital items | ($111k) | $120k | ($2k) | ($189k) | ($265k) | ($38k) | $108k | ($378k) | ($173k) | — | |
| Settlement of deferred share units | — | — | — | — | — | — | — | $0 | ($77k) | — | |
| Financings | $0 | $3.3m | $3.4m | $6.4m | $33.6m | $0 | $29.6m | $54.3m | $0 | — | |
| Share issuance costs | $0 | ($153k) | ($342k) | ($179k) | ($1.6m) | $0 | ($305k) | ($3.3m) | $0 | — | |
| Exercise of stock options | $1.4m | $732k | $72k | $855k | $1.3m | $133k | $2.0m | $3.5m | $2.7m | — | |
| Exercise of warrants | — | — | — | — | — | — | — | $0 | $1.3m | — | |
| Leasehold improvements | — | — | — | — | — | ($280k) | $0 | — | — | — | |
| Flow-through premium recovery | — | — | ($767k) | ($128k) | ($897k) | ($760k) | $0 | — | — | — | |
| Right of use asset | — | — | — | — | $0 | ($280k) | — | — | — | — | |
| Equity offering | — | — | — | $28.8m | $0 | — | — | — | — | — | |
| Equity offering costs | — | — | — | ($1.2m) | $0 | — | — | — | — | — | |
| Acquisition of mineral claims | — | — | ($39k) | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | $327.3m | $77.8m | $131.2m | ($59.7m) | ($137.4m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | ($425.8m) | ($308.2m) | ($335.4m) | ($278.6m) | ($294.2m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | $47.6m | ($66.0m) | ($61.3m) | $55.0m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $2.4m | $22.7m | — | ($3.7m) | |
| Changes In Cash | — | — | — | — | — | $44.9m | ($67.3m) | ($58.8m) | $56.8m | $38.5m | |
| End Cash Position | — | — | — | — | — | $177.7m | $111.7m | $50.4m | $105.4m | $106.8m | |
| Financing Cash Flow | — | — | — | — | — | $327.3m |
$77.8m
-76.24%
|
$131.2m
+68.69%
|
($59.7m)
-145.54%
|
($137.4m)
-129.98%
|
|
| Free Cash Flow | — | — | — | — | — | ($152.4m) | ($297.6m) | ($192.2m) | $112.7m | $171.6m | |
| Investing Cash Flow | — | — | — | — | — | ($425.8m) | ($308.2m) | ($335.4m) | ($278.6m) | ($294.2m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | ($23.1m) | ($36.8m) | $159.2m | ($90.1m) | ($57.0m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | ($130.0m) | $152.5m | $2.2m | $3.9m | $2.1m | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($295.8m) | ($460.6m) | ($337.6m) | ($282.4m) | ($298.5m) | |
| Operating Gains Losses | — | — | — | — | — | ($23.1m) | ($36.8m) | $159.2m | ($90.1m) | ($57.0m) | |
| Other Non Cash Items | — | — | — | — | — | ($3.4m) | $6.8m | $8.7m | $67.6m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $8.8m | $11.2m | $8.4m | $7.2m | $8.2m | |
| Purchase Of Investment | — | — | — | — | — | ($139.7m) | ($40.0m) | $0 | — | $0 | |
| Purchase Of PPE | — | — | — | — | $169.2m | ($295.8m) | ($460.6m) | ($337.6m) | ($282.4m) | ($298.5m) | |
| Sale Of Investment | — | — | — | — | — | $9.7m | $192.5m | $2.2m | $3.9m | $2.1m | |
| Stock Based Compensation | — | — | — | — | — | $7.9m | $9.2m | $10.0m | $24.6m | $19.4m |