U.S. Global Investors, Inc.

GROW

GROWU.S. Global Investors, Inc. US flag

NASDAQ Capital Market

2.59

USD

- -

32.84MMarket 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	41	22	17	9	7	6	7	6	3	4	22	25	15	11	8
+ Sales & Services Revenue	41	22	17	9	7	6	7	6	3	4	22	25	15	11	8
- Cost of Revenue	19	13	11	7	5	5	4	4	3	3	7	6	5	5	5
+ Cost of Goods & Services	19	13	11	7	5	5	4	4	3	3	7	6	5	5	5
Gross Profit	22	10	6	2	2	1	3	2	1	2	14	19	10	6	4
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	11	7	7	5	5	5	4	4	3	4	6	8	7	7	7
+ Selling, General & Admin	11	6	6	5	5	4	4	4	3	4	6	7	7	6	6
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	11	3	- -	-3	-4	-4	-1	-2	-3	-2	8	11	4	- -	-3
- Non-Operating (Income) Loss	-1	- -	- -	-2	- -	- -	- -	-3	2	2	-29	6	-1	-2	-3
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-1	- -	- -	-2	- -	- -	- -	-3	2	2	-29	6	-1	-2	-3
Pretax Income	12	3	- -	-1	-3	-4	-1	1	-4	-5	37	5	4	2	- -
- Income Tax Expense (Benefit)	4	1	- -	- -	1	- -	- -	- -	-1	- -	5	2	1	1	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	8	2	- -	-1	-4	-4	-1	1	-3	-4	32	3	3	1	- -
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	8	2	- -	-1	-4	-4	- -	1	-3	-5	32	3	3	1	- -
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	8	2	- -	-1	-4	-4	-1	1	-3	-5	32	3	3	1	- -
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	8	2	- -	-1	-4	-4	-1	1	-3	-5	32	3	3	1	- -
EBIT	11	3	- -	-3	-4	-4	-1	-2	-3	-2	8	11	4	- -	-3
EBITDA	11	3	- -	-3	-3	-4	-1	-2	-3	-2	9	11	3	-1	-3
EBITDA Margin (%)	27.64	13.95	0.49	-35.36	-43.37	-70.12	-9.17	-32.69	-73.52	-49.17	39.43	43.27	21.78	-5.61	-36.71
EBITA	11	3	- -	-3	-4	-4	-1	-2	-3	-2	8	11	4	- -	-3
Gross Margin (%)	53.7	42.56	36.44	23.51	26.37	10.66	44.49	31.8	16.62	36.55	65.97	75.48	68.17	56.28	41.66
Operating Margin (%)	26.93	12.69	-1.1	-38.4	-47.82	-75.86	-12.91	-36.54	-79.71	-53.69	37.71	44.97	23.41	-4.34	-35.32
Profit Margin (%)	19.14	6.84	-1.12	-11.37	-54.96	-66.76	-7.59	10.33	-97.95	-104.65	147.6	13.92	20.89	12.14	-3.95
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.24	0.24	0.17	0.06	0.06	0.04	0.03	0.03	0.03	0.03	0.04	0.08	0.09	0.09	0.09
Depreciation Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	15	15	15	15	15	15	15	15	15	15	15	15	15	14	13
Basic EPS, GAAP	0.51	0.1	-0.01	-0.06	-0.26	-0.24	-0.03	0.04	-0.22	-0.31	2.12	0.23	0.22	0.09	-0.03
Basic EPS from Cont Ops	0.51	0.11	- -	-0.04	-0.25	-0.24	-0.04	0.05	-0.22	-0.3	2.12	0.23	0.22	0.09	-0.03
Diluted Weighted Avg Shares	15	15	15	15	15	15	15	15	15	15	15	15	15	14	13
Diluted EPS, GAAP	0.51	0.1	-0.01	-0.06	-0.26	-0.24	-0.03	0.04	-0.22	-0.31	2.12	0.23	0.22	0.09	-0.03
Diluted EPS from Cont Ops	0.51	0.11	- -	-0.04	-0.25	-0.24	-0.04	0.05	-0.22	-0.3	2.12	0.23	0.22	0.09	-0.03

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	37	29	25	27	21	18	17	17	13	11	27	38	40	40	39
+ Cash, Cash Equivalents & STI	33	26	23	24	19	14	14	15	9	8	21	34	37	37	34
+ Cash & Cash Equivalents	27	21	18	6	4	4	4	6	1	2	14	22	25	27	25
+ ST Investments	6	5	5	18	16	10	10	8	8	6	6	12	12	10	10
+ Accounts & Notes Receiv	4	2	1	3	2	3	2	1	1	1	5	2	2	2	3
+ Accounts Receivable, Net	- -	- -	1	3	2	1	1	1	- -	1	3	2	1	1	1
+ Notes Receivable, Net	- -	- -	- -	- -	- -	2	2	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	4	2	- -	- -	- -	- -	- -	- -	- -	- -	2	- -	1	1	2
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	1	1	1	1	1	1	1	3	1	1	1	2	1	2
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	9	13	14	11	9	8	8	12	11	8	35	20	15	12	9
+ Property, Plant & Equip, Net	4	3	3	3	3	2	2	2	2	2	1	1	1	1	1
+ Property, Plant & Equip	6	6	6	7	7	7	6	6	6	6	6	6	6	6	6
- Accumulated Depreciation	3	3	3	4	4	4	4	4	4	4	4	4	4	5	5
+ LT Investments & Receivables	5	9	10	8	7	5	6	10	9	7	34	18	12	8	6
+ LT Investments	5	9	10	8	7	5	6	10	9	7	34	18	12	8	6
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	1	1	- -	- -	- -	- -	- -	- -	- -	- -	1	2	2	1
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	1	1	- -	- -	- -	- -	- -	- -	- -	- -	1	2	2	1
Total Assets	46	42	39	38	31	26	26	29	24	19	62	58	56	52	48
+ Payables & Accruals	5	2	1	2	1	1	1	1	1	1	4	2	2	2	1
+ Accounts Payable	- -	1	1	1	1	1	- -	1	- -	- -	1	1	1	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	5	1	- -	1	- -	- -	- -	- -	- -	1	1	1	1	1	1
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	1	1	1	1	- -	- -	1	1	- -	2	2	1	1	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	1	1	1	1	- -	- -	1	1	- -	2	2	1	1	- -
Total Current Liabilities	5	3	2	2	2	1	1	2	1	2	5	4	3	2	2
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	3	- -	1	1	1
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	3	- -	1	1	1
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	3	- -	1	1	1
Total Liabilities	5	3	2	2	2	1	1	3	2	2	8	5	4	3	3
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	16	16	16	16	16	16	16	16	16	16	16	17	17	17	17
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	15	16	16	16	16	16	16	16	16	16	16	16	16	16	17
- Treasury Stock	1	1	1	1	1	2	2	2	2	2	2	3	4	6	8
+ Retained Earnings	26	23	21	19	14	10	9	10	8	3	34	36	38	37	36
+ Other Equity	1	- -	1	1	- -	- -	- -	2	- -	- -	7	4	1	1	- -
Equity Before Minority Interest	41	39	37	35	29	25	24	26	22	17	54	54	52	49	45
+ Minority/Non Controlling Interest	- -	- -	- -	1	1	1	- -	1	- -	- -	- -	- -	- -	- -	- -
Total Equity	41	39	37	36	29	25	24	26	22	17	54	54	52	49	45
Total Liabilities & Equity	46	42	39	38	31	26	26	29	24	19	62	58	56	52	48
Shares Outstanding	15	15	15	15	15	15	15	15	15	15	15	15	15	14	13
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	-27	-21	-18	-6	-4	-4	-4	-6	-1	-1	-14	-22	-25	-27	-24
Net Debt to Equity	-66.27	-53.25	-49.08	-16.55	-12.03	-15.94	-16.25	-24.42	-6.61	-8.91	-26.57	-41.49	-48.83	-55.91	-54.14
Tangible Common Equity Ratio	89.32	92.7	95.26	94.32	94.71	95.07	95.43	90.07	93.41	89.09	87.23	92.16	93.44	94.31	94.06
Current Ratio	7.59	9.44	13.52	12.51	13.15	13.98	14.98	9.66	9.14	5.25	5.2	9.2	13.74	18.63	20.87
Cash Conversion Cycle	12.27	-17.2	-15.96	43.74	59.06	38.62	-13.59	-1.54	18.57	20.05	9.55	-10.89	-20.2	-4.83	9.85

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	8	2	- -	-1	-4	-4	-1	1	-3	-5	32	3	3	1	- -
+ Depreciation & Amortization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	1	- -	- -	-1	1	- -	- -	-2	-1	3	-27	6	1	- -	1
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -
+ Deferred Income Taxes	- -	- -	- -	- -	1	- -	- -	- -	-1	- -	1	-3	- -	- -	1
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	- -	- -	-1	- -	- -	- -	-2	- -	3	-28	8	1	- -	- -
+ Chg in Non-Cash Work Cap	-1	- -	- -	-14	2	6	1	1	3	- -	- -	2	-1	-1	-1
+ (Inc) Dec in Accts Receiv	- -	1	1	-1	1	1	- -	-1	1	-1	-4	3	- -	- -	-1
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	-2	-1	- -	- -	- -	- -	1	- -	1	3	-1	-1	-1	- -
+ Inc (Dec) in Other	-1	- -	- -	-13	2	6	- -	1	3	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	8	2	- -	-15	-1	3	1	- -	-1	-2	5	11	3	1	-1
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-2	-2
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-2	-2
+ Net Change in LT Investment	-1	-5	- -	3	- -	1	- -	- -	-2	2	9	-1	3	5	1
+ Dec in LT Investment	- -	- -	1	5	1	2	1	2	- -	2	26	6	3	5	2
+ Inc in LT Investment	-1	-5	- -	-3	-1	-1	-1	-2	-2	- -	-17	-7	-1	-1	-1
+ Net Cash From Acq & Div	- -	- -	-1	1	- -	- -	- -	1	- -	1	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	1	- -	- -	- -	2	- -	1	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	-1	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	-2	- -	2	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-1	-5	- -	4	- -	-1	- -	3	-2	3	9	-1	3	4	1
+ Dividends Paid	-4	-4	-3	-1	-1	-1	- -	- -	- -	- -	-1	-1	-1	-1	-1
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	- -	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-4	-4	-3	-1	-1	-2	-1	-1	- -	- -	-1	-2	-2	-3	-3
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	3	-7	-3	-12	-2	1	- -	2	-3	- -	12	8	3	2	-3
EBITDA	11	3	- -	-3	-3	-4	-1	-2	-3	-2	9	11	3	-1	-3
EBITDA Margin (%)	27.64	13.95	0.49	-35.36	-43.37	-70.12	-9.17	-32.69	-73.52	-49.17	39.43	43.27	21.78	-5.61	-36.71
Free Cash Flow	8	2	- -	-15	-1	3	1	- -	-1	-2	5	10	3	1	-1
Net Cash Paid for Acquisitions	- -	- -	1	-1	- -	- -	- -	-1	- -	-1	- -	- -	- -	- -	- -
Free Cash Flow to Firm	8	2	- -	- -	- -	- -	- -	- -	- -	- -	5	10	3	1	- -
Free Cash Flow to Equity	8	2	- -	-15	-1	3	1	- -	-1	-1	5	10	3	1	-1
Free Cash Flow per Basic Share	0.5	0.12	0.03	-0.98	-0.05	0.2	0.05	- -	-0.07	-0.13	0.31	0.69	0.2	0.05	-0.06
Price/Free Cash Flow	10.47	28.11	51.71	-2.91	-55.8	7.18	28.66	-624.16	-22.67	-13.31	17.66	5.74	14.67	30.42	-42.57
Cash Flow to Net Income	0.99	1.19	-2.38	15.66	0.17	-0.83	-1.35	-0.05	0.32	0.42	0.15	3.06	0.92	0.74	2.46
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -