Galiano Gold Inc. (GAU) 10-Year Financial Performance & Capital Metrics

GAU • • Industrial / General

Basic MaterialsGoldIntermediate Gold ProducersSingle-Asset Producers

AboutGaliano Gold Inc. engages in the exploration, development, and production of gold properties. The company's primary asset is the Asanko Gold Mine located in Ghana, West Africa. The company was formerly known as Asanko Gold Inc. and changed its name to Galiano Gold Inc. in May 2020. Galiano Gold Inc. was incorporated in 1999 and is headquartered in Vancouver, Canada.Show more

Revenue $231M
EBITDA $73M +261.9%
Net Income $6M -76.5%
EPS (Diluted) 0.02 -80.1%
Gross Margin 33.66%
EBITDA Margin 31.7%
Operating Margin 21.44%
Net Margin 2.64%
ROE 2.73% -80.4%
ROIC 22.77% +99.0%
Debt/Equity 0.16 +15433.5%
Interest Coverage 9.37 -99.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 88 (top 12%)
✓High quality earnings: Operating CF exceeds net income
✓Healthy 5Y average net margin of 47.4%

✗Weaknesses

✗Negative free cash flow
✗Shares diluted 13.6% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM111.43%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-7608.19%

EPS CAGR

10Y-

5Y-

3Y-

TTM-7445.83%

ROCE

10Y Avg-0.49%

5Y Avg9.13%

3Y Avg17.71%

Latest16.79%

Peer Comparison

Single-Asset Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GAUGaliano Gold Inc.	727.41M	2.80	117.15		-12.81%	-22.37%		0.16
IDRIdaho Strategic Resources, Inc.	721.62M	46.28	69.07	88.66%	27.82%	12.81%	0.7%	0.04
BGLBlue Gold Limited	70.03M	2.25	33.28			-171.57%		1.00
CMCLCaledonia Mining Corporation Plc	519.88M	26.93	28.96	25.09%	20.63%	17.94%	2.78%	0.11
NAMMNamib Minerals Ordinary Shares	50.46M	0.94	14.26	32%	4.18%		18.11%
BGLWWBlue Gold Limited Warrant		0.26	3.84			-135.63%		1.00
DRDDRDGOLD Limited	3.1B	35.86	1.38	26.26%	23.21%	36.89%	40.49%	0.00

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	185.17M	256.2M	161.92M	-129.2M	62.28M	0	0	0	231.34M
Revenue Growth %	-	-	0.38%	-0.37%	-1.8%	1.48%	-1%	-	-	-
Cost of Goods Sold+	441.16K	150.9M	193.59M	129.05M	100.28K	171.61K	0	0	143K	153.46M
COGS % of Revenue	-	0.81%	0.76%	0.8%	-0%	0%	-	-	-	0.66%
Gross Profit+	-441K	34.26M	62.61M	32.87M	-129.3M	-172K	0	0	-143K	77.88M
Gross Margin %	-	0.19%	0.24%	0.2%	1%	-0%	-	-	-	0.34%
Gross Profit Growth %	-	78.69%	0.83%	-0.48%	-4.93%	1%	1%	-	-	545.59%
Operating Expenses+	11.04M	21.09M	15.28M	14.42M	12M	15.36M	60.58M	-39.42M	-20.27M	28.28M
OpEx % of Revenue	-	0.11%	0.06%	0.09%	-0.09%	0.25%	-	-	-	0.12%
Selling, General & Admin	7.46M	12.38M	14.64M	13.99M	12M	14.76M	13.48M	11.1M	15.14M	18.58M
SG&A % of Revenue	-	0.07%	0.06%	0.09%	-0.09%	0.24%	-	-	-	0.08%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	3.99M	10.13M	2.05M	1.49M	0	607.95K	47.1M	-50.52M	-35.41M	9.7M
Operating Income+	-11.04M	13.18M	47.97M	19.72M	-141.3M	49.32M	-60.58M	39.42M	20.12M	49.6M
Operating Margin %	-	0.07%	0.19%	0.12%	1.09%	0.79%	-	-	-	0.21%
Operating Income Growth %	0.31%	2.19%	2.64%	-0.59%	-8.17%	1.35%	-2.23%	1.65%	-0.49%	1.46%
EBITDA+	-10.98M	65.91M	112.18M	59.98M	-141.2M	49.49M	-60.43M	39.56M	20.27M	73.34M
EBITDA Margin %	-	0.36%	0.44%	0.37%	1.09%	0.79%	-	-	-	0.32%
EBITDA Growth %	0.3%	7%	0.7%	-0.47%	-3.35%	1.35%	-2.22%	1.65%	-0.49%	2.62%
D&A (Non-Cash Add-back)	59K	52.73M	64.21M	40.26M	100.28K	171.61K	148K	146K	143K	23.74M
EBIT	-10.3M	11.67M	47.55M	-111.36M	-171.82M	-1.83M	-68.85M	40.83M	26.1M	13.62M
Net Interest Income+	911K	-12.82M	-16.55M	-9.07M	859K	516K	225K	1.01M	2.88M	-1.3M
Interest Income	1.01M	634K	630.9K	716.5K	871K	551K	257K	1.04M	2.9M	4M
Interest Expense	104K	13.45M	17.16M	9.78M	12K	35K	32K	25K	17K	5.29M
Other Income/Expense	-255K	-14.96M	-17.58M	-148.42M	-30.53M	8.06M	-8.31M	1.39M	5.96M	-41.06M
Pretax Income+	-11.29M	-1.78M	30.39M	-128.7M	-171.83M	57.38M	-68.88M	40.81M	26.09M	8.54M
Pretax Margin %	-	-0.01%	0.12%	-0.79%	1.33%	0.92%	-	-	-	0.04%
Income Tax+	-2.98M	11.44M	24.07M	12.51M	0	0	0	0	0	0
Effective Tax Rate %	0.74%	7.43%	0.19%	1.1%	1%	1%	1%	1%	1%	0.72%
Net Income+	-8.31M	-13.22M	5.78M	-141.37M	-171.83M	57.38M	-68.88M	40.81M	26.09M	6.12M
Net Margin %	-	-0.07%	0.02%	-0.87%	1.33%	0.92%	-	-	-	0.03%
Net Income Growth %	0.63%	-0.59%	1.44%	-25.48%	-0.22%	1.33%	-2.2%	1.59%	-0.36%	-0.77%
Net Income (Continuing)	-8.31M	-13.22M	6.31M	-141.21M	-171.83M	57.38M	-68.88M	40.81M	26.09M	8.54M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	570K	0	0	0	0	0	0	4.31M
EPS (Diluted)+	-0.04	-0.07	0.03	-0.64	-0.21	0.26	-0.30	0.17	0.12	0.02
EPS Growth %	0.69%	-0.56%	1.45%	-22.33%	0.67%	2.24%	-2.15%	1.57%	-0.29%	-0.8%
EPS (Basic)	-0.04	-0.07	0.03	-0.64	-0.21	0.26	-0.30	0.17	0.12	0.02
Diluted Shares Outstanding	194.36M	198.97M	204.39M	220.11M	225.87M	224.92M	224.73M	224.95M	225.18M	255.77M
Basic Shares Outstanding	194.36M	198.97M	203.33M	220.11M	225.87M	223.66M	224.73M	224.94M	224.95M	250.65M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	118.92M	119.72M	93.88M	13.1M	35.8M	65.54M	61.67M	58.6M	57.09M	165.59M
Cash & Short-Term Investments	114.8M	59.67M	49.33M	10.36M	31.11M	62.15M	53.52M	56.11M	55.27M	105.78M
Cash Only	114.8M	59.67M	49.33M	10.36M	31.11M	62.15M	53.52M	56.11M	55.27M	105.78M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	18K	24.35M	7.2M	2.56M	4.34M	0	7.38M	1.74M	1.06M	8.43M
Days Sales Outstanding	-	48	10.25	5.78	-12.27	-	-	-	-	13.3
Inventory	1.18M	32.37M	33.89M	0	0	0	0	0	0	42.83M
Days Inventory Outstanding	975.45	78.3	63.89	-	-	-	-	-	-	101.87
Other Current Assets	0	0	0	0	0	2.86M	0	0	0	0
Total Non-Current Assets+	505.25M	542.99M	614.9M	299.51M	108.7M	138.05M	74.53M	121.29M	156.21M	334.77M
Property, Plant & Equipment	503.55M	541.24M	610.82M	114K	679K	591K	2.1M	332K	225K	329.43M
Fixed Asset Turnover	-	0.34x	0.42x	1420.33x	-190.28x	105.39x	-	-	-	0.70x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	1.7M	1.75M	1.84M	299.4M	108.03M	137.46M	72.43M	120.96M	155.98M	0
Other Non-Current Assets	1.7M	1.75M	4.08M	0	0	0	0	0	0	5.34M
Total Assets+	624.17M	662.71M	708.78M	312.62M	144.5M	203.59M	136.2M	179.89M	213.3M	500.35M
Asset Turnover	-	0.28x	0.36x	0.52x	-0.89x	0.31x	-	-	-	0.46x
Asset Growth %	0.3%	0.06%	0.07%	-0.56%	-0.54%	0.41%	-0.33%	0.32%	0.19%	1.35%
Total Current Liabilities+	55.39M	47.4M	84.37M	3.47M	2.32M	3.62M	2.64M	5.8M	11.99M	110.81M
Accounts Payable	34.79M	46.93M	47.92M	3.23M	1.65M	2.48M	2.54M	4.33M	8.71M	0
Days Payables Outstanding	28.78K	113.52	90.34	9.14	6K	5.27K	-	-	22.23K	-
Short-Term Debt	20.57M	469K	36.45M	0	0	0	0	0	0	0
Deferred Revenue (Current)	-1000K	-1000K	-1000K	0	-1.65K	0	0	0	0	0
Other Current Liabilities	36K	0	0	0	1.65K	0	0	0	0	94.88M
Current Ratio	2.15x	2.53x	1.11x	3.77x	15.45x	18.12x	23.33x	10.10x	4.76x	1.49x
Quick Ratio	2.13x	1.84x	0.71x	3.77x	15.45x	18.12x	23.33x	10.10x	4.76x	1.11x
Cash Conversion Cycle	-	12.78	-16.2	-	-	-	-	-	-	-
Total Non-Current Liabilities+	154.37M	198.88M	194.45M	300K	930K	1.09M	790K	399K	396K	141.77M
Long-Term Debt	131.88M	154.5M	119.24M	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	514K	421K	312K	204K	78K	22.93M
Deferred Tax Liabilities	9.1M	19.01M	41.78M	0	0	0	0	0	0	0
Other Non-Current Liabilities	22.49M	44.38M	75.21M	300K	416K	668K	478K	195K	318K	118.83M
Total Liabilities	209.76M	246.29M	278.81M	3.77M	3.25M	4.71M	3.43M	6.2M	12.38M	252.58M
Total Debt+	147.09M	154.97M	158.33M	0	597K	515K	419K	314K	203K	38.87M
Net Debt	32.29M	95.3M	109M	-10.36M	-30.51M	-61.64M	-53.1M	-55.8M	-55.07M	-66.9M
Debt / Equity	0.35x	0.37x	0.37x	-	0.00x	0.00x	0.00x	0.00x	0.00x	0.16x
Debt / EBITDA	-	2.35x	1.41x	-	-	0.01x	-	0.01x	0.01x	0.53x
Net Debt / EBITDA	-	1.45x	0.97x	-0.17x	-	-1.25x	-	-1.41x	-2.72x	-0.91x
Interest Coverage	-106.11x	0.98x	2.80x	2.02x	-11775.20x	1409.11x	-1893.00x	1576.76x	1183.65x	9.37x
Total Equity+	414.41M	416.43M	429.97M	308.84M	141.26M	198.88M	132.76M	173.69M	200.92M	247.77M
Equity Growth %	0.08%	0%	0.03%	-0.28%	-0.54%	0.41%	-0.33%	0.31%	0.16%	0.23%
Book Value per Share	2.13	2.09	2.10	1.40	0.63	0.88	0.59	0.77	0.89	0.97
Total Shareholders' Equity	414.41M	416.43M	429.4M	308.84M	141.26M	198.88M	132.76M	173.69M	200.92M	243.46M
Common Stock	540.13M	556.26M	561.44M	578.85M	578.38M	578.75M	579.59M	579.59M	579.62M	616.2M
Retained Earnings	-173.23M	-186.44M	-180.37M	-319.27M	-487.2M	-429.82M	-498.71M	-457.9M	-431.81M	-425.69M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	47.5M	46.61M	48.33M	49.26M	50.07M	49.96M	0	0	0	0
Minority Interest	0	0	570K	0	0	0	0	0	0	4.31M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-10.77M	54.96M	123.24M	33.43M	-8.75M	-6.4M	-12.94M	1.78M	-3.63M	55.75M
Operating CF Margin %	-	0.3%	0.48%	0.21%	0.07%	-0.1%	-	-	-	0.24%
Operating CF Growth %	0.53%	6.1%	1.24%	-0.73%	-1.26%	0.27%	-1.02%	1.14%	-3.04%	16.34%
Net Income	-8.31M	-13.22M	6.65M	-141.21M	-167.93M	57.38M	-68.88M	40.81M	26.09M	8.54M
Depreciation & Amortization	59K	52.98M	64.21M	40.26M	100.28K	163K	148K	146K	143K	0
Stock-Based Compensation	1.56M	983K	2.72M	1.65M	1.79M	2.17M	3.17M	1.65M	6.16M	6.87M
Deferred Taxes	-2.98M	9.91M	22.77M	11.43M	-100.28K	-59.35M	59.16M	0	0	0
Other Non-Cash Items	1.37M	22.97M	17.06M	191.44M	161.15M	-8.29M	649K	-47.91M	-37.9M	54.15M
Working Capital Changes	-2.47M	-18.66M	9.83M	-29.87M	-3.76M	1.52M	-7.18M	7.1M	1.88M	-13.81M
Change in Receivables	221.96K	-1.31M	-711K	-6.88M	-1.86M	1.68M	-4.59M	5.42M	678K	291.31K
Change in Inventory	-1.18M	-31.2M	-3.76M	-17.69M	1.76M	-80.56K	-63.22K	0	0	1.11M
Change in Payables	0	41.8M	-1.07M	-1.13M	-1.76M	72.64K	-2.3M	0	0	0
Cash from Investing+	-219.82M	-105.94M	-123.35M	82.31M	30.17M	37.93M	3.91M	1.03M	2.86M	5.79M
Capital Expenditures	-219.03M	-132.35M	-123.81M	-53.91M	-39K	-76K	-1.5M	-4K	-35K	-66.9M
CapEx % of Revenue	-	0.71%	0.48%	0.33%	-0%	0%	-	-	-	0.29%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-786K	26.41M	464K	-23.98M	210K	506K	-4.59M	1.04M	2.9M	-34.41M
Cash from Financing+	120.49M	-3.9M	-10.05M	-154.64M	-665K	-520K	441K	-130K	-108K	-10.6M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	34.53M	-9.13M	-13.62M	-7.41M	332K	1.89M	5.01K	0	-348	134.53K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-229.8M	-77.39M	-577K	-20.48M	-8.79M	-6.48M	-14.44M	1.78M	-3.67M	-11.15M
FCF Margin %	-	-0.42%	-0%	-0.13%	0.07%	-0.1%	-	-	-	-0.05%
FCF Growth %	-1.63%	0.66%	0.99%	-34.5%	0.57%	0.26%	-1.23%	1.12%	-3.06%	-2.04%
FCF per Share	-1.18	-0.39	-0.00	-0.09	-0.04	-0.03	-0.06	0.01	-0.02	-0.04
FCF Conversion (FCF/Net Income)	1.30x	-4.16x	21.34x	-0.24x	0.05x	-0.11x	0.19x	0.04x	-0.14x	9.11x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-2.08%	-3.18%	1.36%	-38.27%	-76.35%	33.74%	-41.54%	26.63%	13.93%	2.73%
Return on Invested Capital (ROIC)	-2.51%	2.06%	6.85%	3.53%	-51.79%	29.83%	-41.89%	29.93%	11.44%	22.77%
Gross Margin	-	18.5%	24.44%	20.3%	100.08%	-0.28%	-	-	-	33.66%
Net Margin	-	-7.14%	2.25%	-87.31%	133%	92.12%	-	-	-	2.64%
Debt / Equity	0.35x	0.37x	0.37x	-	0.00x	0.00x	0.00x	0.00x	0.00x	0.16x
Interest Coverage	-106.11x	0.98x	2.80x	2.02x	-11775.20x	1409.11x	-1893.00x	1576.76x	1183.65x	9.37x
FCF Conversion	1.30x	-4.16x	21.34x	-0.24x	0.05x	-0.11x	0.19x	0.04x	-0.14x	9.11x
Revenue Growth	-	-	38.36%	-36.8%	-179.79%	148.21%	-100%	-	-	-

Revenue by Geography

	2017	2018	2024
GHANA	-	-	231.34M
GHANA Growth	-	-	-
Ghana	243.39M	161.92M	-
Ghana Growth	-	-33.47%	-
Canada	-	-	-
Canada Growth	-	-	-

Frequently Asked Questions

Valuation & Price

Galiano Gold Inc. (GAU) has a price-to-earnings (P/E) ratio of 117.2x. This suggests investors expect higher future growth.

Growth & Financials

Galiano Gold Inc. (GAU) reported $352.6M in revenue for fiscal year 2024.

Galiano Gold Inc. (GAU) grew revenue by 0.0% over the past year. Growth has been modest.

Galiano Gold Inc. (GAU) reported a net loss of $45.2M for fiscal year 2024.

Dividend & Returns

Galiano Gold Inc. (GAU) has a return on equity (ROE) of 2.7%. This is below average, suggesting room for improvement.

Galiano Gold Inc. (GAU) generated $7.9M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

Galiano Gold Inc. (GAU) 10-Year Financial Performance & Capital Metrics

GAU • • Industrial / General

Basic MaterialsGoldIntermediate Gold ProducersSingle-Asset Producers

Revenue $231M
EBITDA $73M +261.9%
Net Income $6M -76.5%
EPS (Diluted) 0.02 -80.1%
Gross Margin 33.66%
EBITDA Margin 31.7%
Operating Margin 21.44%
Net Margin 2.64%
ROE 2.73% -80.4%
ROIC 22.77% +99.0%
Debt/Equity 0.16 +15433.5%
Interest Coverage 9.37 -99.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 88 (top 12%)
✓High quality earnings: Operating CF exceeds net income
✓Healthy 5Y average net margin of 47.4%

✗Weaknesses

✗Negative free cash flow
✗Shares diluted 13.6% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM111.43%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-7608.19%

EPS CAGR

10Y-

5Y-

3Y-

TTM-7445.83%

ROCE

10Y Avg-0.49%

5Y Avg9.13%

3Y Avg17.71%

Latest16.79%

Peer Comparison

Single-Asset Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GAUGaliano Gold Inc.	727.41M	2.80	117.15		-12.81%	-22.37%		0.16
IDRIdaho Strategic Resources, Inc.	721.62M	46.28	69.07	88.66%	27.82%	12.81%	0.7%	0.04
BGLBlue Gold Limited	70.03M	2.25	33.28			-171.57%		1.00
CMCLCaledonia Mining Corporation Plc	519.88M	26.93	28.96	25.09%	20.63%	17.94%	2.78%	0.11
NAMMNamib Minerals Ordinary Shares	50.46M	0.94	14.26	32%	4.18%		18.11%
BGLWWBlue Gold Limited Warrant		0.26	3.84			-135.63%		1.00
DRDDRDGOLD Limited	3.1B	35.86	1.38	26.26%	23.21%	36.89%	40.49%	0.00

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	185.17M	256.2M	161.92M	-129.2M	62.28M	0	0	0	231.34M
Revenue Growth %	-	-	0.38%	-0.37%	-1.8%	1.48%	-1%	-	-	-
Cost of Goods Sold+	441.16K	150.9M	193.59M	129.05M	100.28K	171.61K	0	0	143K	153.46M
COGS % of Revenue	-	0.81%	0.76%	0.8%	-0%	0%	-	-	-	0.66%
Gross Profit+	-441K	34.26M	62.61M	32.87M	-129.3M	-172K	0	0	-143K	77.88M
Gross Margin %	-	0.19%	0.24%	0.2%	1%	-0%	-	-	-	0.34%
Gross Profit Growth %	-	78.69%	0.83%	-0.48%	-4.93%	1%	1%	-	-	545.59%
Operating Expenses+	11.04M	21.09M	15.28M	14.42M	12M	15.36M	60.58M	-39.42M	-20.27M	28.28M
OpEx % of Revenue	-	0.11%	0.06%	0.09%	-0.09%	0.25%	-	-	-	0.12%
Selling, General & Admin	7.46M	12.38M	14.64M	13.99M	12M	14.76M	13.48M	11.1M	15.14M	18.58M
SG&A % of Revenue	-	0.07%	0.06%	0.09%	-0.09%	0.24%	-	-	-	0.08%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	3.99M	10.13M	2.05M	1.49M	0	607.95K	47.1M	-50.52M	-35.41M	9.7M
Operating Income+	-11.04M	13.18M	47.97M	19.72M	-141.3M	49.32M	-60.58M	39.42M	20.12M	49.6M
Operating Margin %	-	0.07%	0.19%	0.12%	1.09%	0.79%	-	-	-	0.21%
Operating Income Growth %	0.31%	2.19%	2.64%	-0.59%	-8.17%	1.35%	-2.23%	1.65%	-0.49%	1.46%
EBITDA+	-10.98M	65.91M	112.18M	59.98M	-141.2M	49.49M	-60.43M	39.56M	20.27M	73.34M
EBITDA Margin %	-	0.36%	0.44%	0.37%	1.09%	0.79%	-	-	-	0.32%
EBITDA Growth %	0.3%	7%	0.7%	-0.47%	-3.35%	1.35%	-2.22%	1.65%	-0.49%	2.62%
D&A (Non-Cash Add-back)	59K	52.73M	64.21M	40.26M	100.28K	171.61K	148K	146K	143K	23.74M
EBIT	-10.3M	11.67M	47.55M	-111.36M	-171.82M	-1.83M	-68.85M	40.83M	26.1M	13.62M
Net Interest Income+	911K	-12.82M	-16.55M	-9.07M	859K	516K	225K	1.01M	2.88M	-1.3M
Interest Income	1.01M	634K	630.9K	716.5K	871K	551K	257K	1.04M	2.9M	4M
Interest Expense	104K	13.45M	17.16M	9.78M	12K	35K	32K	25K	17K	5.29M
Other Income/Expense	-255K	-14.96M	-17.58M	-148.42M	-30.53M	8.06M	-8.31M	1.39M	5.96M	-41.06M
Pretax Income+	-11.29M	-1.78M	30.39M	-128.7M	-171.83M	57.38M	-68.88M	40.81M	26.09M	8.54M
Pretax Margin %	-	-0.01%	0.12%	-0.79%	1.33%	0.92%	-	-	-	0.04%
Income Tax+	-2.98M	11.44M	24.07M	12.51M	0	0	0	0	0	0
Effective Tax Rate %	0.74%	7.43%	0.19%	1.1%	1%	1%	1%	1%	1%	0.72%
Net Income+	-8.31M	-13.22M	5.78M	-141.37M	-171.83M	57.38M	-68.88M	40.81M	26.09M	6.12M
Net Margin %	-	-0.07%	0.02%	-0.87%	1.33%	0.92%	-	-	-	0.03%
Net Income Growth %	0.63%	-0.59%	1.44%	-25.48%	-0.22%	1.33%	-2.2%	1.59%	-0.36%	-0.77%
Net Income (Continuing)	-8.31M	-13.22M	6.31M	-141.21M	-171.83M	57.38M	-68.88M	40.81M	26.09M	8.54M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	570K	0	0	0	0	0	0	4.31M
EPS (Diluted)+	-0.04	-0.07	0.03	-0.64	-0.21	0.26	-0.30	0.17	0.12	0.02
EPS Growth %	0.69%	-0.56%	1.45%	-22.33%	0.67%	2.24%	-2.15%	1.57%	-0.29%	-0.8%
EPS (Basic)	-0.04	-0.07	0.03	-0.64	-0.21	0.26	-0.30	0.17	0.12	0.02
Diluted Shares Outstanding	194.36M	198.97M	204.39M	220.11M	225.87M	224.92M	224.73M	224.95M	225.18M	255.77M
Basic Shares Outstanding	194.36M	198.97M	203.33M	220.11M	225.87M	223.66M	224.73M	224.94M	224.95M	250.65M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	118.92M	119.72M	93.88M	13.1M	35.8M	65.54M	61.67M	58.6M	57.09M	165.59M
Cash & Short-Term Investments	114.8M	59.67M	49.33M	10.36M	31.11M	62.15M	53.52M	56.11M	55.27M	105.78M
Cash Only	114.8M	59.67M	49.33M	10.36M	31.11M	62.15M	53.52M	56.11M	55.27M	105.78M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	18K	24.35M	7.2M	2.56M	4.34M	0	7.38M	1.74M	1.06M	8.43M
Days Sales Outstanding	-	48	10.25	5.78	-12.27	-	-	-	-	13.3
Inventory	1.18M	32.37M	33.89M	0	0	0	0	0	0	42.83M
Days Inventory Outstanding	975.45	78.3	63.89	-	-	-	-	-	-	101.87
Other Current Assets	0	0	0	0	0	2.86M	0	0	0	0
Total Non-Current Assets+	505.25M	542.99M	614.9M	299.51M	108.7M	138.05M	74.53M	121.29M	156.21M	334.77M
Property, Plant & Equipment	503.55M	541.24M	610.82M	114K	679K	591K	2.1M	332K	225K	329.43M
Fixed Asset Turnover	-	0.34x	0.42x	1420.33x	-190.28x	105.39x	-	-	-	0.70x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	1.7M	1.75M	1.84M	299.4M	108.03M	137.46M	72.43M	120.96M	155.98M	0
Other Non-Current Assets	1.7M	1.75M	4.08M	0	0	0	0	0	0	5.34M
Total Assets+	624.17M	662.71M	708.78M	312.62M	144.5M	203.59M	136.2M	179.89M	213.3M	500.35M
Asset Turnover	-	0.28x	0.36x	0.52x	-0.89x	0.31x	-	-	-	0.46x
Asset Growth %	0.3%	0.06%	0.07%	-0.56%	-0.54%	0.41%	-0.33%	0.32%	0.19%	1.35%
Total Current Liabilities+	55.39M	47.4M	84.37M	3.47M	2.32M	3.62M	2.64M	5.8M	11.99M	110.81M
Accounts Payable	34.79M	46.93M	47.92M	3.23M	1.65M	2.48M	2.54M	4.33M	8.71M	0
Days Payables Outstanding	28.78K	113.52	90.34	9.14	6K	5.27K	-	-	22.23K	-
Short-Term Debt	20.57M	469K	36.45M	0	0	0	0	0	0	0
Deferred Revenue (Current)	-1000K	-1000K	-1000K	0	-1.65K	0	0	0	0	0
Other Current Liabilities	36K	0	0	0	1.65K	0	0	0	0	94.88M
Current Ratio	2.15x	2.53x	1.11x	3.77x	15.45x	18.12x	23.33x	10.10x	4.76x	1.49x
Quick Ratio	2.13x	1.84x	0.71x	3.77x	15.45x	18.12x	23.33x	10.10x	4.76x	1.11x
Cash Conversion Cycle	-	12.78	-16.2	-	-	-	-	-	-	-
Total Non-Current Liabilities+	154.37M	198.88M	194.45M	300K	930K	1.09M	790K	399K	396K	141.77M
Long-Term Debt	131.88M	154.5M	119.24M	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	514K	421K	312K	204K	78K	22.93M
Deferred Tax Liabilities	9.1M	19.01M	41.78M	0	0	0	0	0	0	0
Other Non-Current Liabilities	22.49M	44.38M	75.21M	300K	416K	668K	478K	195K	318K	118.83M
Total Liabilities	209.76M	246.29M	278.81M	3.77M	3.25M	4.71M	3.43M	6.2M	12.38M	252.58M
Total Debt+	147.09M	154.97M	158.33M	0	597K	515K	419K	314K	203K	38.87M
Net Debt	32.29M	95.3M	109M	-10.36M	-30.51M	-61.64M	-53.1M	-55.8M	-55.07M	-66.9M
Debt / Equity	0.35x	0.37x	0.37x	-	0.00x	0.00x	0.00x	0.00x	0.00x	0.16x
Debt / EBITDA	-	2.35x	1.41x	-	-	0.01x	-	0.01x	0.01x	0.53x
Net Debt / EBITDA	-	1.45x	0.97x	-0.17x	-	-1.25x	-	-1.41x	-2.72x	-0.91x
Interest Coverage	-106.11x	0.98x	2.80x	2.02x	-11775.20x	1409.11x	-1893.00x	1576.76x	1183.65x	9.37x
Total Equity+	414.41M	416.43M	429.97M	308.84M	141.26M	198.88M	132.76M	173.69M	200.92M	247.77M
Equity Growth %	0.08%	0%	0.03%	-0.28%	-0.54%	0.41%	-0.33%	0.31%	0.16%	0.23%
Book Value per Share	2.13	2.09	2.10	1.40	0.63	0.88	0.59	0.77	0.89	0.97
Total Shareholders' Equity	414.41M	416.43M	429.4M	308.84M	141.26M	198.88M	132.76M	173.69M	200.92M	243.46M
Common Stock	540.13M	556.26M	561.44M	578.85M	578.38M	578.75M	579.59M	579.59M	579.62M	616.2M
Retained Earnings	-173.23M	-186.44M	-180.37M	-319.27M	-487.2M	-429.82M	-498.71M	-457.9M	-431.81M	-425.69M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	47.5M	46.61M	48.33M	49.26M	50.07M	49.96M	0	0	0	0
Minority Interest	0	0	570K	0	0	0	0	0	0	4.31M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-10.77M	54.96M	123.24M	33.43M	-8.75M	-6.4M	-12.94M	1.78M	-3.63M	55.75M
Operating CF Margin %	-	0.3%	0.48%	0.21%	0.07%	-0.1%	-	-	-	0.24%
Operating CF Growth %	0.53%	6.1%	1.24%	-0.73%	-1.26%	0.27%	-1.02%	1.14%	-3.04%	16.34%
Net Income	-8.31M	-13.22M	6.65M	-141.21M	-167.93M	57.38M	-68.88M	40.81M	26.09M	8.54M
Depreciation & Amortization	59K	52.98M	64.21M	40.26M	100.28K	163K	148K	146K	143K	0
Stock-Based Compensation	1.56M	983K	2.72M	1.65M	1.79M	2.17M	3.17M	1.65M	6.16M	6.87M
Deferred Taxes	-2.98M	9.91M	22.77M	11.43M	-100.28K	-59.35M	59.16M	0	0	0
Other Non-Cash Items	1.37M	22.97M	17.06M	191.44M	161.15M	-8.29M	649K	-47.91M	-37.9M	54.15M
Working Capital Changes	-2.47M	-18.66M	9.83M	-29.87M	-3.76M	1.52M	-7.18M	7.1M	1.88M	-13.81M
Change in Receivables	221.96K	-1.31M	-711K	-6.88M	-1.86M	1.68M	-4.59M	5.42M	678K	291.31K
Change in Inventory	-1.18M	-31.2M	-3.76M	-17.69M	1.76M	-80.56K	-63.22K	0	0	1.11M
Change in Payables	0	41.8M	-1.07M	-1.13M	-1.76M	72.64K	-2.3M	0	0	0
Cash from Investing+	-219.82M	-105.94M	-123.35M	82.31M	30.17M	37.93M	3.91M	1.03M	2.86M	5.79M
Capital Expenditures	-219.03M	-132.35M	-123.81M	-53.91M	-39K	-76K	-1.5M	-4K	-35K	-66.9M
CapEx % of Revenue	-	0.71%	0.48%	0.33%	-0%	0%	-	-	-	0.29%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-786K	26.41M	464K	-23.98M	210K	506K	-4.59M	1.04M	2.9M	-34.41M
Cash from Financing+	120.49M	-3.9M	-10.05M	-154.64M	-665K	-520K	441K	-130K	-108K	-10.6M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	34.53M	-9.13M	-13.62M	-7.41M	332K	1.89M	5.01K	0	-348	134.53K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-229.8M	-77.39M	-577K	-20.48M	-8.79M	-6.48M	-14.44M	1.78M	-3.67M	-11.15M
FCF Margin %	-	-0.42%	-0%	-0.13%	0.07%	-0.1%	-	-	-	-0.05%
FCF Growth %	-1.63%	0.66%	0.99%	-34.5%	0.57%	0.26%	-1.23%	1.12%	-3.06%	-2.04%
FCF per Share	-1.18	-0.39	-0.00	-0.09	-0.04	-0.03	-0.06	0.01	-0.02	-0.04
FCF Conversion (FCF/Net Income)	1.30x	-4.16x	21.34x	-0.24x	0.05x	-0.11x	0.19x	0.04x	-0.14x	9.11x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-2.08%	-3.18%	1.36%	-38.27%	-76.35%	33.74%	-41.54%	26.63%	13.93%	2.73%
Return on Invested Capital (ROIC)	-2.51%	2.06%	6.85%	3.53%	-51.79%	29.83%	-41.89%	29.93%	11.44%	22.77%
Gross Margin	-	18.5%	24.44%	20.3%	100.08%	-0.28%	-	-	-	33.66%
Net Margin	-	-7.14%	2.25%	-87.31%	133%	92.12%	-	-	-	2.64%
Debt / Equity	0.35x	0.37x	0.37x	-	0.00x	0.00x	0.00x	0.00x	0.00x	0.16x
Interest Coverage	-106.11x	0.98x	2.80x	2.02x	-11775.20x	1409.11x	-1893.00x	1576.76x	1183.65x	9.37x
FCF Conversion	1.30x	-4.16x	21.34x	-0.24x	0.05x	-0.11x	0.19x	0.04x	-0.14x	9.11x
Revenue Growth	-	-	38.36%	-36.8%	-179.79%	148.21%	-100%	-	-	-

Revenue by Geography

	2017	2018	2024
GHANA	-	-	231.34M
GHANA Growth	-	-	-
Ghana	243.39M	161.92M	-
Ghana Growth	-	-33.47%	-
Canada	-	-	-
Canada Growth	-	-	-

Frequently Asked Questions

Valuation & Price

Galiano Gold Inc. (GAU) has a price-to-earnings (P/E) ratio of 117.2x. This suggests investors expect higher future growth.

Growth & Financials

Galiano Gold Inc. (GAU) reported $352.6M in revenue for fiscal year 2024.

Galiano Gold Inc. (GAU) grew revenue by 0.0% over the past year. Growth has been modest.

Galiano Gold Inc. (GAU) reported a net loss of $45.2M for fiscal year 2024.

Dividend & Returns

Galiano Gold Inc. (GAU) has a return on equity (ROE) of 2.7%. This is below average, suggesting room for improvement.

Galiano Gold Inc. (GAU) generated $7.9M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.