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NEWPNew Pacific Metals Corp.
$4.07$749M
Overview & Verdict
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HomeStocksNEWPFinancials

New Pacific Metals Corp. (NEWP) Financials

24Y historyFree accessUpdated daily

The company remains pre-revenue with zero commercial production, while consistently incurring quarterly G&A expenses that have ranged between $1.1 million and $2.1 million over the last ten quarters.

NEWP Income Statement

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMJun'25Jun'24Jun'23Jun'22Jun'21Jun'20Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11Jun'10Jun'09Jun'08Jun'07Jun'06May'05May'04May'03May'02
Sales/Revenue00000001.53K-1.54M00202.38K0000000201.07K55.79K23.04K2.12K00
Revenue Growth %-------100%100.1%---100%--------100%260.4%142.15%986.1%---
Cost of Goods Sold179.32K201.37K211.19K215.79K171.04K45.59K11.99K9.14K13.67K24.76K31.31K31.62K55.48K36.88K00000-12.97K00000
COGS % of Revenue-------596.45%-0.89%--15.63%--------6.45%-----
Gross Profit-179.32K-201.37K-211K-215.79K-171.04K-45.59K-11.99K-7.61K-1.55M-24.76K-31.31K-31.62K-55.48K-36.88K00000214.04K55.79K23.04K2.12K00
Gross Margin %--------496.45%100.84%---15.63%-------106.45%100%100%100%--
Gross Profit Growth %-4.57%2.22%-26.16%-275.21%-280.04%-57.67%99.51%-6172.47%20.93%0.98%43%-50.43%------100%283.65%142.15%986.1%---
Operating Expenses5.58M5.92M6.93M8.04M6.6M6.11M4.6M2.48M2.35M1.59M764.59K1.15M1.84M1.5M1.15M3.16M1.73M1.46M2.21M1.72M677.95K959.66K248.45K62.95K65.9K
OpEx % of Revenue-------161836.76%-152.34%--568.25%-------855.93%1215.18%4165.37%11712.49%--
Selling, General & Admin5.01M5.09M6.93M6.7M6.02M5.39M4.39M2.48M2.35M1.59M764.59K1.15M1.84M1.89M2.24M2.68M1.58M1.71M2.18M1.71M676.74K958.6K248.37K62.85K65.78K
SG&A % of Revenue-------161836.76%-152.34%--568.25%-------850.95%1213.01%4160.75%11708.67%--
Research & Development0000000000000000000000000
R&D % of Revenue-------------------------
Other Operating Expenses570.38K828.17K01.34M582K724.81K206K5.24K000-59900-1.09M479.99K155.77K58.66K36.02K10.71K1.21K1.06K81102114
Operating Income-5.76M-6.12M-7.15M-9.48M-7.22M-6.41M-5.34M-2.98M-3.85M-1.62M-795.9K-1.17M-1.84M-1.97M-1.15M-3.36M-1.73M-1.47M-2.21M-1.52M-622.16K-937K-246.33K-62.95K-65.9K
Operating Margin %--------194603.89%250.06%---579.12%--------755.96%-1115.18%-4067.02%-11612.53%--
Operating Income Growth %-14.32%24.66%-31.37%-12.64%-20.1%-78.97%22.56%-137.72%-103.54%32.09%36.23%6.46%-71.62%65.91%-93.74%-18.27%33.73%-45.53%-144.31%33.6%-280.38%-291.32%4.47%-
EBITDA-5.58M-5.92M-6.93M-9.27M-7.05M-6.37M-5.33M-2.97M-3.83M-1.59M-764.59K-973.86K-1.81M-1.93M-1.11M-3.34M-1.72M-1.44M-2.18M-1.51M-620.95K-935.94K-246.25K-62.85K-11.74K
EBITDA Margin %--------193820.86%248.9%---481.21%--------750.63%-1113.01%-4062.4%-11608.69%--
EBITDA Growth %9.58%14.61%25.18%-31.55%-10.68%-19.55%-79.29%22.51%-141.4%-107.67%21.49%46.09%6.31%-74.23%66.84%-94.55%-18.76%33.88%-44.73%-143.06%33.66%-280.08%-291.82%-435.39%-
D&A (Non-Cash Add-back)179.32K201.37K211.19K215.79K174.01K44K11.99K12K17.98K32.2K31.31K198.14K31.55K36.88K38.36K22.09K18.63K21.75K27.6K10.71K1.21K1.06K8110254.16K
EBIT-5.76M-3.87M-5.97M-8.19M-7.44M-6.46M6.49M-2.57M-4.12M317.12K-1.52M-1.39M-1.9M179.34K143.05K1.22M-1.75M311.46K-6.67M-1.52M-622.16K-937K-246.33K-62.95K-65.9K
Net Interest Income758.67K759.39K898.94K374.01K0153.92K000000158.15K167.34K135.63K107.75K0266.38K0212.56K00000
Interest Income758.67K759.39K898.94K374.01K152.11K153.92K21.98K31.15K10.83K1.95K36.76K163.03K159.78K170.44K140.64K203.46K63.06K268.28K0214.04K00000
Interest Expense0000152.11K00001.95K36.76K163.03K1.63K3.1K5.01K95.71K63.06K1.9K01.47K00000
Other Income/Expense1.79M2.25M1.18M1.39M-1.11M-1.74M11.23M409.34K717.13K176.78K169.9K2.56M-39.72M642.29K-78.05K-37.79K9.18K668.57K-6.53M-4.47K-6.49K-22.21K3710-1
Pretax Income-3.97M-3.87M-5.97M-8.1M-8.33M-8.15M5.89M-2.57M-3.13M1.04M-626K1.38M-41.55M-1.32M-1.22M-3.4M-1.72M-797K-8.74M-1.52M-628.65K-959K-245.96K-62.95K-65.9K
Pretax Margin %--------167891.55%203.51%--680.42%--------758.45%-1126.82%-4162.51%-11595.02%--
Income Tax115.11K000-138K0-2.12M0987.92K-313K183.91K-332K005.01K-16.85M-72.25K60.56K-1.45M-15.82K94193633816154.04K
Effective Tax Rate %-2.9%0%0%0%1.66%0%-35.96%0%-31.52%-30.07%-29.38%-24.11%0%0%-0.41%496.08%4.19%-7.6%16.55%1.04%-0.15%-0.1%-0.14%-0.26%-82.01%
Net Income-4.09M-3.85M-5.96M-8.1M-6.62M-7.19M5.91M-821.73K-4.72M1.05M-91.33K1.4M-38.89M-1.2M-1.22M13.69M-1.66M-797K-6.63M-1.51M-629.59K-960K-246.3K-63.11K-119.94K
Net Margin %--------53624.08%306.49%--692.28%--------750.49%-1128.5%-4166.85%-11610.97%--
Net Income Growth %5.52%35.44%26.35%-22.21%7.92%-221.77%818.97%82.59%-547.39%1255.09%-106.52%103.6%-3149.29%2.13%-108.93%923.99%-108.48%87.98%-339.23%-139.68%34.42%-289.77%-290.27%47.38%-
Net Income (Continuing)-4.09M-3.87M-5.97M-8.1M-8.19M-8.15M7.91M-2.57M-4.12M1.35M-809.91K1.71M-41.55M-1.32M-1.24M-3.02M-1.75M-926K-7.42M-1.51M-629.59K-960K-246.3K-63.11K-119.94K
Discontinued Operations00-2.11K01.5M0-2.02M1.6M0-317K0-338K2.6M000000000000
Minority Interest00-156.34K-145.9K-91.65K-4.45K-56.16K-37.69K112.09K100.28K129.43K699.62K625.46K679.62K00000637.54K00000
EPS (Diluted)-0.02-0.02-0.04-0.05-0.04-0.040.04-0.01-0.040.02-0.000.02-0.58-0.02-0.020.25-0.05-0.03-0.21-0.06-0.04-0.06-0.02-0.04-0.07
EPS Growth %7.94%36.9%31.2%-27.41%8.78%-211%-84.24%-346.5%--106.7%103.6%-3158.43%2.2%-107.28%579.85%-106.75%88%-250%-49.63%37.15%-230.57%45.79%47.42%-
EPS (Basic)--0.02-0.04-0.05-0.04-0.040.04-0.01-0.040.02-0.000.02-0.58-0.02-0.020.26-0.05-0.03-0.21-0.06-0.04-0.06-0.02-0.04-0.07
Diluted Shares Outstanding184.26M171.64M167.76M156.99M155.63M153.29M150.69M133.8M122.1M67.39M66.94M66.94M66.92M67.2M67.34M54.81M31.89M31.68M31.46M25.66M17.58M15.05M12.79M1.77M1.77M
Basic Shares Outstanding184.26M171.64M167.77M156.99M155.63M153.3M147.7M133.8M122.1M68.63M66.95M66.94M66.92M67.2M67.34M53.43M31.89M31.68M31.46M25.66M17.58M15.05M12.79M1.77M1.77M
Dividend Payout Ratio-------------------------

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetAdequate
Cash FlowBurning
Top Statement Risk

Bolivian Regulatory and Political Exposure

Pre-Revenue Status Limits Growth

As indicated by the company's financial statements, New Pacific Metals remains a pre-revenue exploration entity, with zero commercial production recorded across the last ten quarters, leaving the firm entirely dependent on equity-based capital infusions to sustain its ongoing resource development and drilling activities in Bolivia.

The absence of top-line growth is a structural feature of the current development phase rather than an operational failure. Investors should monitor the transition from resource definition to feasibility studies, as this will determine when the company might shift toward a revenue-generating model.

Fixed G&A Outweighs Exploration Spend

According to reported quarterly data, New Pacific Metals consistently incurs general and administrative expenses ranging between $1.1 million and $2.1 million per quarter, which significantly exceeds the nominal costs associated with its current exploration and evaluation activities during the observed ten-quarter period.

The persistent G&A burden suggests a high fixed-cost base for a company that has yet to achieve commercial production. This expense profile warrants further investigation into the scalability of administrative overhead as the company approaches the more capital-intensive mine construction phase.

Share-Based Compensation Masks Cash Burn

Based on the provided income statement data, New Pacific Metals frequently utilizes share-based compensation, which peaked at $634.9K in 2023Q3, effectively acting as a non-cash expense that obscures the underlying cash depletion rate inherent in the company's current exploration-heavy business model.

While share-based compensation preserves cash in the short term, it creates a persistent dilutive overhang for existing shareholders. Analysts should focus on the cash-based operating losses to better understand the true velocity of capital consumption before any potential production inflection.

Execution Risk in Complex Jurisdiction

As highlighted by the company's historical financial performance, New Pacific Metals faces significant execution risk, as its entire valuation is predicated on the successful development of Bolivian assets that remain subject to unpredictable regulatory shifts and potential social responsibility cost escalations not yet fully modeled.

The market's current valuation appears to rely on the assumption of a smooth transition to production, which may be overly optimistic given the historical volatility of the Bolivian mining sector. Investors should consider the possibility that the 'Bolivia discount' is a rational reflection of these unquantifiable political risks.

NEWP — Frequently Asked Questions

Quick answers to the most common questions about buying NEWP stock.

What was New Pacific Metals Corp.'s (NEWP) revenue in 2024?

For fiscal year 2024, New Pacific Metals Corp. (NEWP) reported total revenue of $0.0M.

Is New Pacific Metals Corp. (NEWP) profitable?

New Pacific Metals Corp. (NEWP) reported a net loss of $3.8M for the fiscal year ending 2024.