Gold Resource Corporation

GORO

GOROGold Resource Corporation US flag

New York Stock Exchange American

1.27

USD

-0.08

- -

174.51MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	105	132	126	115	93	83	110	115	120	91	125	139	98	66	100
+ Sales & Services Revenue	105	132	126	115	93	83	110	115	120	91	125	139	98	66	100
- Cost of Revenue	25	44	68	65	62	61	68	82	92	78	88	109	103	86	73
+ Cost of Goods & Services	25	44	68	65	62	61	68	82	92	78	88	109	103	86	73
Gross Profit	81	88	58	51	30	22	42	34	29	12	37	30	-5	-20	27
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	35	38	48	19	17	14	13	13	14	13	14	23	13	7	8
+ Selling, General & Admin	9	14	16	12	10	10	8	9	10	11	9	10	7	5	5
+ Research & Development	21	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	5	25	32	7	7	5	4	4	4	2	5	13	6	2	3
Operating Income (Loss)	46	50	10	32	13	8	30	21	15	- -	23	7	-18	-28	19
- Non-Operating (Income) Loss	-2	3	1	- -	3	-1	1	1	- -	- -	6	4	12	19	22
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	10	13	17
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	10	13	17
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-2	3	2	- -	3	-1	1	1	- -	- -	6	4	2	6	5
Pretax Income	48	47	9	31	10	9	28	19	15	-1	18	2	-30	-47	-3
- Income Tax Expense (Benefit)	-12	13	4	16	7	5	24	7	10	6	10	9	-6	9	3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	60	34	5	15	3	4	4	12	6	-6	8	-6	-24	-57	-6
- Net Extraordinary Losses (Gains)	2	- -	- -	- -	- -	- -	- -	3	- -	-11	- -	- -	- -	- -	- -
+ Discontinued Operations	-2	- -	- -	- -	- -	- -	- -	-3	- -	11	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	4	- -	- -	- -	- -	- -	- -	5	-1	-21	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	58	34	5	15	3	4	4	9	6	4	8	-6	-24	-57	-6
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	58	34	5	15	3	4	4	9	6	4	8	-6	-24	-57	-6
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	58	34	5	15	3	4	4	9	6	4	8	-6	-24	-57	-6
EBIT	46	50	10	32	13	8	30	21	15	- -	23	7	-18	-28	19
EBITDA	47	51	13	36	22	21	45	36	35	17	39	34	8	-8	31
EBITDA Margin (%)	44.34	38.88	10.3	31.31	23.88	24.79	40.43	30.87	29.09	18.88	31.42	24.55	8.01	-12.04	31
EBITA	46	50	10	32	13	8	30	21	15	- -	23	7	-18	-28	19
Gross Margin (%)	76.57	66.6	46.32	44.08	32.71	26.95	38.23	29.22	23.8	13.77	29.35	21.44	-5.35	-31.18	26.84
Operating Margin (%)	43.43	37.71	8.21	27.37	14.07	9.66	26.81	17.78	12.53	-0.53	18.53	4.83	-18.72	-42.28	18.77
Profit Margin (%)	55.5	25.55	4.24	13.03	3.3	5.27	3.77	8.05	4.85	4.81	6.41	-4.56	-24.71	-85.96	-6.47
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.48	0.68	0.48	0.12	0.12	0.03	0.02	0.02	0.02	0.04	0.04	0.04	- -	- -	- -
Depreciation Expense	1	2	3	5	9	13	15	15	20	18	16	27	26	20	12
Basic Weighted Avg Shares	53	53	53	54	54	55	57	58	64	70	75	88	89	92	137
Basic EPS, GAAP	1.1	0.64	0.1	0.28	0.06	0.08	0.07	0.16	0.09	0.06	0.11	-0.07	-0.27	-0.61	-0.05
Basic EPS from Cont Ops	1.13	0.64	0.1	0.28	0.06	0.08	0.07	0.21	0.09	-0.09	0.11	-0.07	-0.27	-0.61	-0.05
Diluted Weighted Avg Shares	56	56	55	55	54	56	58	58	64	71	76	88	89	92	137
Diluted EPS, GAAP	1.03	0.6	0.1	0.28	0.06	0.08	0.07	0.16	0.09	0.06	0.11	-0.07	-0.27	-0.61	-0.05
Diluted EPS from Cont Ops	1.07	0.6	0.1	0.28	0.06	0.08	0.07	0.2	0.09	-0.09	0.11	-0.07	-0.27	-0.61	-0.05

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	85	59	40	43	33	29	42	31	51	43	59	46	26	17	49
+ Cash, Cash Equivalents & STI	55	42	19	31	16	17	26	11	14	26	34	24	6	2	25
+ Cash & Cash Equivalents	52	36	15	28	13	14	22	8	10	25	34	24	6	2	25
+ ST Investments	3	6	4	3	3	3	4	4	4	1	1	- -	- -	- -	- -
+ Accounts & Notes Receiv	14	7	7	2	5	2	3	2	9	5	13	5	4	2	13
+ Accounts Receivable, Net	14	6	2	1	- -	1	3	2	8	4	9	5	4	2	13
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	4	1	5	1	- -	1	- -	1	- -	- -	- -	- -	- -
+ Inventories	4	8	7	7	9	9	12	14	14	10	10	14	9	7	8
+ Raw Materials	4	4	7	6	7	7	9	11	11	8	8	10	7	6	6
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	3	- -	1	1	2	2	3	2	2	2	4	2	1	2
+ Other ST Assets	12	3	7	3	2	1	2	3	14	2	2	4	7	6	3
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	30	47	53	63	74	89	90	119	142	63	157	164	157	129	135
+ Property, Plant & Equip, Net	11	14	18	32	52	70	83	111	65	63	157	153	139	128	135
+ Property, Plant & Equip	12	17	24	42	69	99	125	168	141	154	262	285	295	304	323
- Accumulated Depreciation	2	3	6	9	18	29	43	57	76	91	105	132	156	176	188
+ LT Investments & Receivables	- -	- -	- -	3	- -	- -	- -	- -	- -	- -	- -	5	5	1	- -
+ LT Investments	- -	- -	- -	3	- -	- -	- -	- -	- -	- -	- -	5	5	1	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	20	32	34	28	22	19	8	8	77	- -	- -	6	13	- -	- -
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	20	32	34	28	22	19	8	8	77	- -	- -	6	13	- -	- -
Total Assets	115	106	92	106	106	118	133	150	193	106	216	210	184	146	184
+ Payables & Accruals	26	13	10	13	14	9	14	16	14	12	26	20	11	14	15
+ Accounts Payable	2	3	4	6	12	5	7	12	9	9	13	13	8	11	7
+ Accrued Taxes	17	3	1	4	- -	2	5	2	2	1	10	4	1	1	5
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	8	7	5	2	2	2	3	2	3	2	3	3	2	1	2
+ ST Debt	- -	- -	1	1	1	- -	1	1	9	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	1	1	1	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	1	1	1	- -	- -	- -	8	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	6	- -	4	4	- -	1	3
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	6	- -	4	4	- -	1	3
Total Current Liabilities	26	13	12	14	15	9	15	18	28	12	30	25	11	14	17
+ LT Debt	- -	- -	2	1	- -	- -	3	2	1	- -	- -	- -	- -	- -	- -
+ LT Borrowings	- -	- -	- -	- -	- -	- -	2	1	1	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	2	1	- -	- -	1	1	1	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	2	3	3	3	3	2	3	3	6	3	65	74	92	104	123
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13	15	14	14	16
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	2	3	3	3	3	2	3	3	6	3	52	59	78	90	107
Total Noncurrent Liabilities	2	3	5	4	3	2	6	6	7	3	65	74	92	104	123
Total Liabilities	28	16	17	18	18	11	21	23	35	15	95	98	104	119	140
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	133	103	88	93	97	112	115	122	148	85	110	111	112	115	139
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	133	103	88	93	97	112	115	122	148	85	110	111	112	115	138
- Treasury Stock	2	6	6	6	6	6	6	6	6	6	6	6	6	6	6
+ Retained Earnings	-40	-6	-6	2	-1	2	5	13	17	13	18	8	-25	-81	-88
+ Other Equity	-4	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1
Equity Before Minority Interest	87	90	75	88	89	107	112	127	158	91	121	112	80	27	44
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	87	90	75	88	89	107	112	127	158	91	121	112	80	27	44
Total Liabilities & Equity	115	106	92	106	106	118	133	150	193	106	216	210	184	146	184
Shares Outstanding	53	53	54	54	54	57	57	59	66	74	88	88	89	95	162
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	4	2	1	- -	2	1	8	- -	- -	- -	- -	- -	- -
Net Debt	-52	-36	-15	-28	-13	-14	-20	-6	-9	-25	-34	-24	-6	-2	-25
Net Debt to Equity	-59.64	-39.84	-19.89	-31.25	-14.44	-13.23	-18	-4.42	-5.41	-28.06	-27.92	-21.18	-7.78	-5.97	-56.81
Tangible Common Equity Ratio	75.65	85.03	81.44	83.16	83.4	90.4	84.34	84.65	81.89	85.63	55.96	53.2	43.72	18.7	23.92
Current Ratio	3.3	4.53	3.33	3.08	2.19	3.27	2.83	1.79	1.82	3.55	1.99	1.87	2.34	1.14	2.85
Cash Conversion Cycle	34.61	59.24	33.96	18.74	-0.32	4.4	29.32	23.57	27.62	36.61	15.41	14.7	19.29	11.4	20.44

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	58	34	5	15	3	4	4	12	6	-6	8	-6	-24	-57	-6
+ Depreciation & Amortization	1	2	3	5	9	13	15	15	20	18	16	27	26	20	12
+ Non-Cash Items	-28	5	6	9	11	- -	17	2	6	5	1	-2	4	29	22
+ Stock-Based Compensation	7	7	8	5	3	1	1	1	2	3	1	2	1	1	1
+ Deferred Income Taxes	-33	-3	-3	4	5	-2	15	-1	4	4	-2	-4	-7	9	1
+ Asset Impairment Charge	- -	- -	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-2	2	- -	- -	3	- -	1	1	- -	-1	3	- -	11	19	20
+ Chg in Non-Cash Work Cap	10	-9	-7	9	-3	1	-1	-4	-7	5	9	-5	-12	7	-6
+ (Inc) Dec in Accts Receiv	-14	8	4	1	1	- -	-2	- -	-7	4	-4	4	1	2	-11
+ (Inc) Dec in Inventories	-2	-4	- -	- -	- -	-1	-3	-2	-2	1	-1	-3	3	2	-1
+ (Inc) Dec in Prepaid Assets	-1	- -	-5	1	- -	1	- -	- -	1	- -	- -	-1	2	- -	-1
+ Inc (Dec) in Accts Payable	2	3	-1	7	-4	1	5	-3	- -	- -	15	-6	-16	3	6
+ Inc (Dec) in Other	24	-16	-6	- -	- -	- -	- -	1	- -	- -	- -	- -	-1	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	-3	-3	14	- -	- -	- -	- -	- -
Cash from Operating Activities	41	31	7	38	20	18	36	22	21	35	35	14	-5	-1	22
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	2	- -	- -	- -	- -	- -	5	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	2	- -	- -	- -	- -	- -	5	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-2	-4	- -	- -	- -	- -	- -	4	24	26	- -	- -	- -	3	9
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	4	24	26	- -	- -	- -	3	9
+ Decrease in Capital Stock	-2	-4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	-3	-3	- -	-2	- -	1	- -	- -	- -	5	- -	-1	- -	- -	- -
+ Dec in LT Investment	- -	2	1	- -	- -	1	- -	- -	- -	5	- -	1	- -	- -	- -
+ Inc in LT Investment	-3	-5	-1	-2	- -	- -	- -	- -	- -	- -	- -	-2	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	-2	-2	- -	1	1
+ Cash from Divestitures	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1
+ Cash for Acq of Subs	- -	- -	- -	-2	- -	- -	- -	- -	- -	- -	-2	-2	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-4	-4	-7	-16	-27	-15	-26	-40	-39	-24	-21	-16	-12	-8	-21
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	-16	-23	-6	- -	- -	- -	- -	- -
Cash from Investing Activities	-10	-8	-7	-17	-27	-15	-26	-40	-39	-14	-23	-19	-12	-6	-20
+ Dividends Paid	-25	-36	-26	-6	-7	-2	-1	-1	-1	-3	-3	-4	- -	- -	- -
+ Net Cash From Debt	- -	- -	4	-1	-2	-1	- -	-1	-1	- -	- -	- -	- -	- -	6
+ Cash From Debt	- -	- -	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6
+ Repayments of Debt	- -	- -	-1	-1	-2	-1	- -	-1	-1	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	- -	- -	1	- -	- -	- -	- -	1	-1	-28	- -	- -	- -	- -	7
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-27	-40	-21	-8	-8	-2	-1	4	21	-5	-3	-4	- -	3	22
Effect of Foreign Exchange Rates	1	- -	- -	-1	- -	- -	- -	- -	- -	-1	- -	-1	- -	- -	- -
Net Changes in Cash	4	-16	-21	13	-15	1	9	-14	3	16	9	-9	-18	-4	24
EBITDA	47	51	13	36	22	21	45	36	35	17	39	34	8	-8	31
EBITDA Margin (%)	44.34	38.88	10.3	31.31	23.88	24.79	40.43	30.87	29.09	18.88	31.42	24.55	8.01	-12.04	31
Free Cash Flow	38	31	7	38	20	18	36	22	21	35	35	14	-5	-1	22
Net Cash Paid for Acquisitions	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	2	2	- -	-1	-1
Free Cash Flow to Firm	- -	31	7	38	20	18	36	22	21	- -	35	12	- -	- -	- -
Free Cash Flow to Equity	38	31	11	38	19	17	35	21	20	40	35	14	-5	-1	28
Free Cash Flow per Basic Share	0.72	0.59	0.13	0.7	0.37	0.32	0.63	0.39	0.34	0.51	0.46	0.16	-0.06	-0.01	0.16
Price/Free Cash Flow	27.06	27.87	36.44	4.9	4.47	13.54	7.11	10.49	16.57	5.81	3.39	9.55	-6.38	-33.74	5.24
Cash Flow to Net Income	0.71	0.92	1.29	2.5	6.59	4.08	8.59	2.4	3.67	8.12	4.33	-2.24	0.22	0.01	-3.36
Capital Expenditures	-3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -