AMEX · Financial Statements

Caledonia Mining Corporation Plc (CMCL) Financial Statements

$21.26 AMEX: CMCL Market Cap $411.06M

Caledonia Mining Corporation Plc most recently reported annual revenue of $254.0M, net profit of $55.0M. Revenue grew at an average annual rate of 20.5% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Caledonia Mining Corporation Plc: Revenue rose from $62.0M in 2016 to $254.0M in 2025, a change of +309.7% over 9 years; net profit was positive in 9 of 10 reported years; operating margin moved from 26.5% to 45.5%, a shift of +19.0 percentage points; the most recent year shows net profit of $55.0M.

Income Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Revenue$62.0M$70.0M$68.0M$76.0M$100.0M$121.0M$142.0M$146.0M$183.0M$254.0M
Operating Expenses$46.0M$49.0M$47.0M$15.0M$59.0M$85.0M$112.0M$135.0M$139.0M$139.0M
Operating Profit$16.0M$21.0M$21.0M$61.0M$41.0M$36.0M$30.0M$11.0M$44.0M$116.0M
Operating Margin26.5%29.6%31.3%80.3%40.7%29.8%21.3%7.5%23.9%45.5%
Other Income$0$0$0$0$0$0$-1.0M$-3.0M$-3.0M$-9.0M
Interest$0$0$0$0$0$0$1.0M$3.0M$3.0M$4.0M
Depreciation$4.0M$4.0M$4.0M$4.0M$5.0M$8.0M$10.0M$14.0M$16.0M$16.0M
Profit Before Tax$19.0M$21.0M$21.0M$61.0M$40.0M$36.0M$30.0M$8.0M$41.0M$107.0M
Tax$41.0M$42.2M$35.1M$16.9M$37.5M$38.6M$48.6M$160.7M$43.1M$36.6M
Net Profit$9.0M$9.0M$11.0M$42.0M$21.0M$17.0M$11.0M$-8.0M$18.0M$55.0M
EPS$0.79$0.86$1.02$3.91$1.73$1.48$1.39$-0.24$0.93$2.83
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$41.0M$39.0M$37.0M$50.0M$47.0M$48.0M$56.0M$65.0M$71.0M$71.0M$66.0M$72.0M
Operating Expenses$31.0M$36.0M$31.0M$34.0M$38.0M$35.0M$37.0M$30.0M$42.0M$38.0M$40.0M$39.0M
Operating Profit$10.0M$3.0M$5.0M$16.0M$9.0M$13.0M$19.0M$35.0M$30.0M$33.0M$27.0M$33.0M
Operating Margin24.3%6.7%14.6%32.2%18.6%26.5%33.3%54.2%41.3%46.7%40.4%46.2%
Interest$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$4.0M$1.0M
Profit Before Tax$9.0M$2.0M$5.0M$15.0M$8.0M$12.0M$18.0M$35.0M$29.0M$25.0M$27.0M$41.0M
Tax$39.8M$218.7M$55.0M$33.6M$58.3M$44.1M$37.3M$32.5M$35.4M$43.6M$30.7M$26.2M
Net Profit$5.0M$-3.0M$1.0M$8.0M$2.0M$5.0M$9.0M$20.0M$15.0M$11.0M$16.0M$24.0M
EPS$0.25$-0.17$0.11$0.44$0.12$0.30$0.46$1.06$0.78$0.52$0.80$1.23

Over the 10 years reported for Caledonia Mining Corporation Plc, borrowings increased from $3.0M in 2016 to $33.0M in 2025, cash stood at $36.0M in the latest year, shareholders' equity was $166.0M, current assets covered current liabilities 1.70 times.

Balance Sheet — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Total Assets$91.0M$110.0M$126.0M$144.0M$178.0M$211.0M$235.0M$328.0M$348.0M$412.0M
Current Assets$26.0M$28.0M$28.0M$28.0M$45.0M$53.0M$38.0M$54.0M$61.0M$102.0M
Cash$14.0M$13.0M$11.0M$9.0M$19.0M$17.0M$7.0M$4.0M$4.0M$36.0M
Inventory$7.0M$9.0M$9.0M$11.0M$17.0M$21.0M$18.0M$20.0M$24.0M$27.0M
Receivables$3.0M$5.0M$6.0M$5.0M$1.0M$8.0M$9.0M$11.0M$13.0M$12.0M
Fixed Assets$65.0M$82.0M$97.0M$114.0M$133.0M$158.0M$197.0M$274.0M$287.0M$206.0M
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$0$0$0$0$0$0$0$0$0$0
Other Assets$0$0$0$0$0$0$0$0$0$0
Total Liabilities$31.0M$41.0M$47.0M$19.0M$20.0M$58.0M$78.0M$104.0M$114.0M$128.0M
Current Liabilities$10.0M$16.0M$12.0M$10.0M$10.0M$18.0M$32.0M$40.0M$45.0M$60.0M
Borrowings$3.0M$2.0M$6.0M$3.0M$1.0M$1.0M$13.0M$25.0M$25.0M$33.0M
Other Liabilities$28.0M$39.0M$41.0M$16.0M$19.0M$57.0M$65.0M$79.0M$89.0M$96.0M
Equity$55.0M$55.0M$55.0M$56.0M$75.0M$83.0M$83.0M$165.0M$165.0M$166.0M
Reserves$56.0M$63.0M$70.0M$108.0M$142.0M$138.0M$141.0M$206.0M$214.0M$259.0M

For Caledonia Mining Corporation Plc, operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $43.0M; free cash flow was positive in 5 of 10 years.

Cash Flow Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Operating Cash Flow$23.0M$25.0M$18.0M$18.0M$31.0M$31.0M$43.0M$15.0M$42.0M$76.0M
Investing Cash Flow$-40.0M$-43.0M$-40.0M$-39.0M$-56.0M$-74.0M$-88.0M$-62.0M$-63.0M$-57.0M
Financing Cash Flow$0$0$0$0$0$0$-4.0M$0$0$0
Net Cash Flow$3.0M$-2.0M$-2.0M$-2.0M$10.0M$-3.0M$-15.0M$-13.0M$2.0M$31.0M
Free Cash Flow$3.0M$3.0M$-3.0M$-2.0M$3.0M$-7.0M$-1.0M$-16.0M$11.0M$43.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.10
EV / EBITDA3.15
FCF Yield11.12%
Quick Ratio5.03
Interest Coverage17.62
Return 1Y-21.51%
Return 3Y68.70%
Return 5Y67.73%

Caledonia Mining Corporation Plc (CMCL) financials — frequently asked questions

What is Caledonia Mining Corporation Plc's annual revenue?

Caledonia Mining Corporation Plc (CMCL) reported annual revenue of $254.0M in its most recent fiscal year.

What is Caledonia Mining Corporation Plc's net profit?

Caledonia Mining Corporation Plc (CMCL) reported net profit of $55.0M in its most recent fiscal year.

What is CMCL EV/EBITDA?

Caledonia Mining Corporation Plc's enterprise value to EBITDA (EV/EBITDA) ratio is 3.15.

Popular Stocks

Apple (AAPL)Microsoft (MSFT)NVIDIA (NVDA)Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Broadcom (AVGO)Eli Lilly (LLY)JPMorgan (JPM)

Related stock screens

High ROE Basic Materials StocksLow P/E Basic Materials StocksHigh Net Margin Basic Materials StocksDividend Basic Materials StocksLow Debt Basic Materials StocksHigh ROE StocksLow P/E StocksHigh Net Margin StocksDividend StocksLow Debt StocksAll stock screens
CMCL Overview CMCL Dividend Run Stock Screener

Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.