NYSE American · BTG
B2Gold financials
$5.34+1.14%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q4 '22 Dec 31 | Q4 '21 Dec 31 | Q4 '20 Dec 31 | Q4 '19 Dec 31 | Q4 '18 Dec 31 | Q4 '17 Dec 31 | Q4 '16 Dec 31 | Q2 '16 Jun 30 | Q1 '16 Mar 31 | Q4 '15 Dec 31 | Q3 '15 Sep 30 | Q2 '15 Jun 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | $164.8M | $144.3M | $139.0M | $139.3M | $136.5M |
| Gross profit | — | — | — | — | — | — | — | $59.7M | $48.3M | $28.1M | $28.3M | $25.4M |
| Gross margin | — | — | — | — | — | — | — | 36.2% | 33.5% | 20.2% | 20.3% | 18.6% |
| Operating income | — | — | — | — | — | — | — | $37.2M | $27.8M | -$107.3M | $2.1M | $3.9M |
| Net income | — | — | — | — | — | — | — | -$10.3M | $8.3M | -$119.9M | -$15.1M | -$21.2M |
| Net margin | — | — | — | — | — | — | — | −6.3% | 5.8% | −86.3% | −10.8% | −15.5% |
| Diluted EPS | — | — | — | — | — | — | — | $-0.01 | $0.01 | $-0.13 | $-0.02 | $-0.02 |
| EBITDA | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $41.1M | $27.8M | $8.7M | $10.3M | $3.9M |
| Operating cash flow | — | — | — | — | — | — | — | $67.6M | $171.6M | $48.5M | $33.9M | $34.3M |
| Free cash flow | — | — | — | — | — | — | — | -$14.9M | $82.6M | -$42.7M | -$44.0M | -$25.5M |
| Diluted shares | 1,071.0M | 1,061.5M | 1,056.3M | 1,022.9M | 1,047.4M | 991.4M | 955.1M | 930.2M | 930.8M | 854.9M | 924.1M | 923.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $380.4M | $337.0M | $306.9M | $651.9M | $673.0M | $479.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $622.8M | $444.8M | $192.1M | $57.2M | $75.1M | $110.0M |
| Total assets | $5.88B | $4.81B | $4.87B | $3.68B | $3.56B | $3.36B |
| Total liabilities | $2.24B | $1.78B | $964.6M | $569.4M | $600.3M | $701.8M |
| Shareholders' equity | $3.64B | $3.04B | $3.91B | $3.11B | $2.96B | $2.66B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology