TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 50.1M
Gross Profit 29.1M 58.05%
Operating Income 24.0M 47.84%
Net Income 11.3M 22.48%
EPS (Diluted) $0.04

Balance Sheet Metrics

Total Assets 1.8B
Total Liabilities 391.8M
Shareholders Equity 1.4B
Debt to Equity 0.27

Cash Flow Metrics

Operating Cash Flow 37.0M
Free Cash Flow 40.5M

Revenue & Profitability Trend

Sandstorm Gold Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i176.3M179.6M148.7M114.9M93.0M
Cost of Goods Sold i80.3M97.0M83.1M52.5M47.2M
Gross Profit i96.0M82.6M65.6M62.3M45.9M
Gross Margin % i54.4%46.0%44.1%54.2%49.3%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i15.7M14.4M13.4M10.2M8.3M
Other Operating Expenses i7.1M7.2M7.4M7.8M5.5M
Total Operating Expenses i22.8M21.5M20.8M18.0M13.9M
Operating Income i71.0M61.1M44.8M44.3M32.0M
Operating Margin % i40.3%34.0%30.1%38.6%34.4%
Non-Operating Items
Interest Income i--809.0K481.0K315.0K
Interest Expense i35.0M39.5M17.3M2.1M2.1M
Other Non-Operating Income-6.5M25.3M60.3M2.2M-5.9M
Pre-tax Income i29.5M46.9M87.8M44.9M24.3M
Income Tax i14.0M4.2M9.3M17.2M10.5M
Effective Tax Rate % i47.5%9.0%10.6%38.4%43.1%
Net Income i15.5M42.7M78.4M27.6M13.8M
Net Margin % i8.8%23.8%52.7%24.0%14.9%
Key Metrics
EBITDA i135.2M146.4M101.4M80.0M65.4M
EPS (Basic) i-$0.14$0.34$0.14$0.07
EPS (Diluted) i-$0.14$0.33$0.14$0.07
Basic Shares Outstanding i-297406309231348386193974313187507754
Diluted Shares Outstanding i-297406309231348386193974313187507754

Income Statement Trend

Sandstorm Gold Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i4.4M5.0M7.0M16.2M113.8M
Short-term Investments i6.9M9.8M1.3M5.0M1.9M
Accounts Receivable i18.6M15.2M18.3M11.8M8.0M
Inventory i-----
Other Current Assets212.0K4.3M531.0K293.0K737.0K
Total Current Assets i31.7M53.8M32.7M33.6M124.4M
Non-Current Assets
Property, Plant & Equipment i-----
Goodwill i-----
Intangible Assets i-----
Long-term Investments2.3M1.6M2.1M1.7M1.1M
Other Non-Current Assets28.3M29.2M7.4M5.0M10.9M
Total Non-Current Assets i1.8B1.9B1.9B587.3M525.5M
Total Assets i1.9B1.9B2.0B620.9M649.9M
Liabilities
Current Liabilities
Accounts Payable i5.0M5.7M3.8M2.2M3.4M
Short-term Debt i-----
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i16.2M16.2M19.0M7.3M3.4M
Non-Current Liabilities
Long-term Debt i355.0M435.0M497.5M2.6M2.9M
Deferred Tax Liabilities i29.6M26.3M16.8M18.3M5.5M
Other Non-Current Liabilities-----
Total Non-Current Liabilities i384.6M461.3M514.3M20.9M8.3M
Total Liabilities i400.8M477.4M533.4M28.2M11.8M
Equity
Common Stock i1.3B1.3B1.3B694.7M719.7M
Retained Earnings i119.9M122.9M98.9M35.6M11.0M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i1.4B1.5B1.4B592.6M638.1M
Key Metrics
Total Debt i355.0M435.0M497.5M2.6M2.9M
Working Capital i15.5M37.6M13.7M26.3M120.9M

Balance Sheet Composition

Sandstorm Gold Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i15.5M42.7M78.4M27.6M13.8M
Depreciation & Amortization i62.3M75.9M60.2M36.2M33.6M
Stock-Based Compensation i7.9M7.6M6.1M6.0M5.7M
Working Capital Changes i-3.6M1.5M-5.5M-4.2M-553.0K
Operating Cash Flow i128.2M165.1M163.8M81.6M62.4M
Investing Activities
Capital Expenditures i1.4M2.6M-582.7M-152.7M-3.5M
Acquisitions i-0-3.8M-559.0K-3.3M
Investment Purchases i-11.1M-30.5M-33.4M-13.0M-15.9M
Investment Sales i20.7M5.7M7.3M22.4M56.4M
Investing Cash Flow i10.9M-22.2M-612.7M-143.9M33.7M
Financing Activities
Share Repurchases i-16.6M-16.0M-421.0K-33.1M-23.5M
Dividends Paid i-17.5M-17.7M-13.6M00
Debt Issuance i22.0M41.5M653.1M041.0M
Debt Repayment i-102.0M-104.0M-212.4M0-86.0M
Financing Cash Flow i-114.1M-96.2M512.7M-33.1M-68.5M
Free Cash Flow i122.4M131.8M-513.9M-71.6M62.1M
Net Change in Cash i25.1M46.7M63.8M-95.4M27.5M

Cash Flow Trend

Sandstorm Gold Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 86.83
Forward P/E 54.84
Price to Book 2.14
Price to Sales 15.81
PEG Ratio 54.84

Profitability Ratios

Profit Margin 17.78%
Operating Margin 50.60%
Return on Equity 2.55%
Return on Assets 3.03%

Financial Health

Current Ratio 2.40
Debt to Equity 21.68
Beta 0.67

Per Share Data

EPS (TTM) $0.12
Book Value per Share $4.87
Revenue per Share $0.66

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
sand3.1B86.832.142.55%17.78%21.68
Newmont 75.8B12.502.3720.29%30.50%23.56
Agnico Eagle Mines 68.3B23.023.0213.92%30.63%3.26
Coeur Mining 7.5B29.122.659.88%13.06%13.94
Osisko Gold 5.3B164.244.302.51%15.29%6.59
Equinox Gold 4.9B9.070.8810.70%18.07%45.14

Financial data is updated regularly. All figures are in the company's reporting currency.