Sprott Inc. (SII) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$1.34	$1.29	-3.7%	—	$79.5M	—
Q1 26	$0.93	$0.6	-35.5%	—	$141.9M	—
Q4 25	$0.72	$1.02	+41.7%	—	$107M	—
Q3 25	$0.66	$0.92	+39.4%	—	$57.9M	—
Q2 25	$0.55	$1.05	+90.9%	—	$62.2M	—
Q1 25	$0.48	$0.62	+29.2%	—	$41.7M	—
Q4 24	$0.48	$0.51	+6.3%	—	$37.3M	—
Q3 24	$0.45	$0.38	-15.6%	—	$45.1M	—
Q2 24	$0.42	$0.47	+11.9%	—	$46.4M	—
Q1 24	$0.41	$0.53	+29.3%	—	$39.5M	—
Q4 23	$0.48	$0.45	-6.2%	—	$37.5M	—
Q3 23	$0.33	$0.26	-21.2%	—	$35.5M	—
Q2 23	$0.32	$0.35	+9.4%	—	$36.9M	—
Q1 23	$0.34	$0.33	-2.9%	—	$37.9M	—
Q4 22	$0.36	$0.39	+8.3%	—	$36.1M	—
Q3 22	$0.3	$0.29	-3.3%	—	$36.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.61	—	—	$268.8M	—
FY24	—	$1.94	—	—	$168.4M	—
FY23	—	$1.66	—	—	$146.3M	—
FY22	—	$0.7	—	—	$154.3M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$67.8M	$62M	$50.1M	$50.4M	$114.4M	$164.9M	$154.3M	$146.3M	$168.4M	$268.8M
YoY change	+25.5%	-8.53%	-19.2%	+0.57%	+127.2%	+44.2%	-6.47%	-5.17%	+15.1%	+59.7%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	67.8M	62M	50.1M	50.4M	114.4M	164.9M	154.3M	146.3M	168.4M	268.8M
Cost of revenue	36.6M	39.4M	29.4M	35.2M	57.6M	86.5M	87.7M	82.1M	87.5M	168.3M
Gross profit	62.9M	51.6M	44.1M	38.7M	56.8M	78.5M	66.6M	64.2M	80.8M	100.5M
Gross margin	92.8%	83.2%	88%	76.8%	49.7%	47.6%	43.2%	43.9%	48%	37.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	25.2M	17.9M	14.8M	9.2M	13.7M	14.7M	16M	17.4M	18.8M	18.5M
Operating expenses	33.8M	22.2M	15.3M	9.8M	14.8M	24.4M	26.5M	17.4M	18.8M	18.5M
Operating income	5.3M	9.5M	13.7M	13.9M	39M	59.2M	47.3M	43.9M	59.8M	79.5M
Operating margin	7.84%	15.3%	27.3%	27.7%	34.1%	35.9%	30.7%	30%	35.5%	29.6%
Non-operating income, net	13.9M	14M	2.9M	-4.4M	-3.1M	-12.9M	-19.3M	10.5M	12.3M	12.1M
Pretax income	19.2M	23.5M	16.3M	8.8M	34.7M	45.2M	25.1M	50.3M	69M	90.4M
Income tax	3.2M	3.1M	639.3K	1.9M	7.7M	12M	7.4M	8.5M	19.7M	23M
Net income	16M	20.3M	15.7M	7M	27M	33.2M	17.6M	41.8M	49.3M	67.3M
Net margin	23.6%	32.8%	31.3%	13.8%	23.6%	20.1%	11.4%	28.6%	29.3%	25.1%
EBITDA	-3.5M	13.8M	19.1M	13.4M	38.8M	56.2M	44.6M	41.9M	71M	82M
EPS	0.97	1.27	0.95	0.42	1.1	1.33	0.7	1.66	1.94	2.61
Diluted EPS	0.97	1.19	0.88	0.4	1.05	1.28	0.67	1.6	1.91	2.61

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	35.5M	37.5M	39.5M	46.4M	45.1M	37.3M	41.7M	62.2M	57.9M	107M	141.9M	79.5M
Cost of revenue	18.8M	19.1M	20.5M	23.3M	21M	22.7M	22.1M	37.3M	43.1M	65.8M	94.6M	28.9M
Gross profit	16.7M	18.4M	19M	23.1M	24.1M	14.6M	19.6M	24.9M	14.7M	41.3M	47.3M	50.6M
Gross margin	47%	49.2%	48%	49.8%	53.4%	39.2%	47%	40%	25.5%	38.6%	33.3%	63.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	5M	4.2M	4.2M	5M	4.6M	4.9M	4.1M	4.8M	4.5M	5.1M	5.9M	5.1M
Operating expenses	5M	4.2M	4.2M	5M	4.6M	4.9M	4.1M	4.8M	4.5M	5.1M	5.9M	5.1M
Operating income	10.9M	13.6M	14.2M	17.5M	19M	9.1M	14.9M	19.4M	9.6M	35.6M	40.8M	44.8M
Operating margin	30.9%	36.2%	36.1%	37.7%	42.1%	24.4%	35.8%	31.2%	16.6%	33.2%	28.7%	56.4%
Non-operating income, net	-4.6M	-1.9M	1.9M	2M	327K	8M	1.1M	-280K	7.9M	3.3M	1.5M	1.7M
Pretax income	5.4M	10.8M	15.3M	18.8M	18.4M	16.5M	15.8M	18.9M	17.3M	38.5M	41.9M	46.2M
Income tax	-1.3M	1.2M	3.8M	5.4M	5.7M	4.8M	3.8M	5.4M	4.1M	9.8M	12.7M	12M
Net income	6.8M	9.7M	11.6M	13.4M	12.7M	11.7M	12M	13.5M	13.2M	28.7M	29.2M	34.3M
Net margin	19.1%	25.7%	29.3%	28.8%	28.1%	31.3%	28.7%	21.7%	22.7%	26.8%	20.6%	43.1%
EBITDA	11.7M	12.9M	14.8M	18.1M	19.5M	18.6M	15.4M	20.1M	10.3M	36.2M	41.5M	45.5M
EPS	0.27	—	0.45	0.53	0.5	—	0.46	0.52	0.51	—	1.13	1.33
Diluted EPS	0.26	—	0.44	0.51	0.49	—	0.46	0.52	0.51	—	1.13	1.33

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	457.5M	466.2M	451.6M	563.3M	709.9M	1.1B	835.4M	856.6M	1.1B	2.5B	3.2B
Enterprise value	319.9M	352M	418.4M	524.6M	673.3M	1.1B	834.9M	857.9M	1B	2.4B	3B
Shares outstanding	24.3M	23.9M	24M	24.4M	24.5M	24.9M	25.1M	25.2M	25.4M	25.8M	25.8M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	28.6	22.9	28.8	81	26.3	33.8	47.4	20.5	21.8	37.5	30.4
P/S	6.75	7.52	9.02	11.2	6.21	6.8	5.42	5.85	6.37	9.4	8
P/B	2.51	2.5	2.42	3.04	2.44	3.85	3.01	2.8	3.31	6.88	8.16
EV/EBITDA	-90.3	25.5	21.9	39.1	17.3	19.5	18.7	20.5	14.4	29.3	20.9
EV/Sales	4.72	5.68	8.35	10.4	5.89	6.64	5.41	5.86	6.09	8.94	7.58
Earnings yield	3.49%	4.36%	3.48%	1.23%	3.8%	2.96%	2.11%	4.88%	4.6%	2.67%	3.29%
FCF yield	4.31%	5.94%	-3.6%	3.73%	3.6%	4.51%	3.87%	3.31%	6.28%	3.79%	6.58%
PEG	—	—	—	—	—	—	—	—	—	—	0.2

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	92.8%	83.2%	88%	76.8%	49.7%	47.6%	43.2%	43.9%	48%	37.4%	63.6%
Operating margin	7.84%	15.3%	27.3%	27.7%	34.1%	35.9%	30.7%	30%	35.5%	29.6%	56.8%
Net margin	23.6%	32.8%	31.3%	13.8%	23.6%	20.1%	11.4%	28.6%	29.3%	25.1%	26.4%
ROE	8.75%	10.9%	8.42%	3.76%	9.27%	11.4%	6.36%	13.7%	15.2%	18.3%	27.3%
ROA	7.17%	9.16%	7.17%	3.14%	7.15%	9.07%	4.59%	11%	12.7%	12.8%	18.9%
ROIC	9.83%	11.4%	8.56%	7.51%	11.9%	16.4%	12%	11.9%	15.5%	24.4%	47.5%
Return on tangible assets	9.21%	11.4%	35.2%	17.5%	99.5%	-264.5%	-149.7%	-165.4%	352.3%	55.5%	84.5%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	4.22	4.28	2.05	2.71	1.81	2.76	2.99	2.1	2.62	1.92	3.43
Quick ratio	4.22	4.28	2.05	2.71	1.81	2.76	2.99	2.1	2.62	1.92	3.43
Debt / equity	—	0.03	0.02	0.06	0.06	0.1	0.2	0.08	—	—	0
Debt / assets	—	0.02	0.02	0.05	0.05	0.08	0.14	0.06	—	—	—
Net debt / EBITDA	—	-8.26	-1.74	-2.89	-0.94	-0.47	-0.01	0.03	—	—	-1.43
Interest coverage	—	—	53.8	13.5	29	39.9	9.58	13.4	23.3	74.9	116.3
Effective tax rate	16.7%	13.3%	3.91%	21.2%	22.2%	26.6%	29.7%	16.9%	28.6%	25.5%	26.8%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	2.79	2.59	2.08	2.06	4.67	6.63	6.15	5.8	6.62	10.4	15.5
EPS (basic)	0.97	1.27	0.95	0.42	1.1	1.33	0.7	1.66	1.94	2.61	2.61
EPS (diluted)	0.97	1.19	0.88	0.4	1.05	1.28	0.67	1.6	1.91	2.61	4.09
Book value per share	7.5	7.79	7.76	7.59	11.9	11.7	11.1	12.1	12.7	14.2	15.2
FCF per share	0.81	1.16	-0.68	0.86	1.04	2.03	1.29	1.12	2.65	3.71	5.42
Cash per share	5.65	5	1.54	2.02	2.19	2.25	2.2	0.91	1.85	4.81	7.4
Capex per share	0.02	0.02	0.16	0.06	0.03	0.03	0.01	0.06	0.07	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.68%	0.75%	7.8%	3.01%	0.6%	0.42%	0.08%	1.05%	1.11%	—	—
Capex / operating cash flow	1.18%	1.1%	10.1%	5.46%	2.42%	1.1%	0.32%	3.51%	2.55%	—	—
Payout ratio	94.2%	77.3%	93.2%	223.9%	85.6%	77%	146.2%	61.8%	55.1%	49.8%	36.8%
Dividend yield	3.29%	3.37%	3.24%	2.76%	3.25%	2.28%	3.09%	3.02%	2.53%	1.33%	1.33%

Yield

1.33%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.40

ex-dividend Aug 17, 2026

Payout ratio

37%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 17, 2026	$0.40
May 19, 2026	$0.40
Mar 2, 2026	$0.40
May 20, 2025	$0.30
Mar 10, 2025	$0.30
Nov 18, 2024	$0.30

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$35.5M	$37.5M	$39.5M	$46.4M	$45.1M	$37.3M	$41.7M	$62.2M	$57.9M	$107M	$141.9M	$79.5M
YoY change	-2.05%	+4%	+4.19%	+25.8%	+27.4%	-0.61%	+5.62%	+33.9%	+28.2%	+187%	+240.4%	+27.8%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	137.6M	119.6M	36.9M	49.2M	53.6M	55.9M	55M	22.9M	47.1M	124.1M
Receivables	13.2M	7.5M	4.3M	5.9M	21.6M	13.2M	11M	7.5M	15.4M	46M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	162.5M	149.6M	55.4M	65M	85.3M	77.5M	77M	45.1M	79.2M	187.7M
Property, plant & equipment	3.2M	2.9M	6.2M	11.1M	16.6M	16.5M	12.5M	10.9M	19.2M	21.3M
Goodwill & intangibles	49.4M	43.9M	174.3M	181.5M	350.2M	378.4M	395.5M	404.1M	374.8M	404.5M
Total assets	223M	222.1M	218.9M	221.4M	377.3M	365.9M	383.7M	378.8M	388.8M	525.8M
Accounts payable	12.4M	8.6M	21.9M	16.1M	29.7M	9.4M	10.7M	12.6M	7.6M	13.6M
Short-term debt	—	5.4M	3.7M	2.6M	—	—	—	—	—	—
Total current liabilities	38.5M	35M	27M	24M	47.2M	28.1M	25.8M	21.4M	30.3M	97.5M
Long-term debt	—	—	—	7.8M	17M	29.8M	54.4M	24.2M	—	—
Total liabilities	40.4M	35.7M	32.5M	36.3M	86.4M	74.7M	106.5M	73.1M	65.2M	158.5M
Shareholders' equity	182.6M	186.3M	186.3M	185.1M	291M	291.2M	277.3M	305.7M	323.6M	367.2M
Total debt	—	5.4M	3.7M	10.4M	17M	29.8M	54.4M	24.2M	—	—
Net debt	—	-79.2M	-19.9M	-26.9M	-27.1M	-20M	2.8M	3.6M	—	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	26M	22.9M	26.3M	32M	45.3M	47.1M	56.1M	75.4M	80.3M	124.1M	174.6M	190.5M
Receivables	5.5M	7.5M	6.2M	8.6M	4.7M	15.4M	5.9M	11.6M	23.6M	46M	8.7M	7.2M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	46.9M	45.1M	48.3M	58.5M	69.2M	79.2M	77.5M	108.5M	123.5M	187.7M	197M	212.2M
Property, plant & equipment	—	10.9M	—	—	—	19.2M	—	—	—	21.3M	—	—
Goodwill & intangibles	396.2M	404.1M	395.4M	391.8M	396.7M	374.8M	374.9M	405.9M	398.5M	404.5M	398.4M	391.1M
Total assets	375.9M	378.8M	389.8M	406.3M	412.5M	388.8M	386.1M	439.4M	466.2M	525.8M	504.3M	515.8M
Accounts payable	10.1M	12.6M	12.4M	8.6M	7.4M	7.6M	8.3M	14.8M	14.5M	13.6M	13.3M	7.4M
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	17.7M	21.4M	21.3M	19.4M	20.9M	30.3M	22.3M	42.8M	57.8M	97.5M	61.8M	61.8M
Long-term debt	34.4M	24.2M	24.2M	30.7M	18.7M	—	—	—	—	—	—	—
Total liabilities	79.7M	73.1M	82.4M	90.4M	82.2M	65.2M	60M	94M	121.4M	158.5M	124.2M	123.6M
Shareholders' equity	296.2M	305.7M	307.4M	315.8M	330.3M	323.6M	326.1M	345.5M	344.7M	367.2M	380M	392.2M
Total debt	34.4M	24.2M	24.2M	30.7M	18.7M	—	—	—	—	—	—	—
Net debt	10.6M	3.6M	133K	951K	-24.9M	—	—	—	—	—	—	—

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	16M	20.3M	15.7M	7M	27M	33.2M	17.6M	41.8M	49.3M	67.3M
Depreciation & amortization	3.8M	3.5M	1.1M	2.6M	4.1M	4.6M	3.4M	2.8M	2.2M	2.5M
Stock-based compensation	3.2M	3.6M	6.2M	3.7M	4.5M	3.6M	17M	20.4M	17.6M	73K
Change in working capital	15.9M	13.3M	15.2M	12.6M	-15.9M	10.7M	-5.2M	-4.3M	-13M	-34.5M
Operating cash flow	39.2M	42.2M	38.6M	27.8M	28.4M	62.8M	39.7M	43.7M	73.3M	97.7M
Capital expenditure	-463.8K	-465.9K	-3.9M	-1.5M	-686K	-693K	-128K	-1.5M	-1.9M	—
Investing cash flow	5.7M	15.1M	-25M	1M	-17.1M	-20.6M	-23.5M	4.6M	24.5M	11.2M
Dividends paid	-15.1M	-15.7M	-14.6M	-15.6M	-23.1M	-25.6M	-25.8M	-25.8M	-27.1M	-33.5M
Share repurchases	0	-6M	0	-1.2M	-2M	0	-3M	-4.2M	-2M	-1.6M
Financing cash flow	-15.1M	-21.7M	-16.8M	-8.2M	-22.4M	-14M	1.9M	-58.2M	-56.2M	-33.3M
Net change in cash	29.8M	35.6M	-3.2M	20.7M	-11.1M	28.2M	18.1M	-9.9M	41.6M	75.6M
Free cash flow	19.7M	27.7M	-16.3M	21M	25.6M	50.6M	32.4M	28.3M	67.3M	95.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	6.8M	9.7M	11.6M	13.4M	12.7M	11.7M	12M	13.5M	13.2M	28.7M	29.2M	34.3M
Depreciation & amortization	731K	658K	551K	568K	502K	600K	541K	637K	647K	652K	689K	673K
Stock-based compensation	4.3M	4.3M	4.4M	3.9M	4.6M	4.7M	18K	18K	19K	18K	0	0
Change in working capital	-3.7M	-2.2M	-2.7M	-5.7M	3.4M	-8M	11M	-5.3M	-16.5M	-23.7M	50.7M	5.3M
Operating cash flow	-1M	13.5M	17.5M	15.1M	26.9M	13.8M	27.3M	21.6M	10M	51.9M	44.4M	35.4M
Capital expenditure	-160K	-502K	-741K	-375K	-342K	-410K	-592K	—	—	—	—	—
Investing cash flow	3.6M	4.2M	968K	-1.7M	9.7M	19.5M	4.4M	554K	-1M	6.7M	18.2M	258K
Dividends paid	-6.5M	-6.5M	-6.5M	-6.5M	-6.5M	-7.7M	-7.7M	-7.7M	-7.7M	-10.3M	-10.3M	-10.3M
Share repurchases	-881K	-276K	0	0	0	-2M	-552K	0	-1M	0	-500K	-6M
Financing cash flow	-25.8M	-16.3M	-6.8M	-4M	-11.1M	-40.7M	-8.1M	-6.8M	-2.5M	-15.9M	-9.1M	-16.7M
Net change in cash	-23.3M	1.3M	11.7M	9.3M	25.5M	-7.4M	23.6M	15.4M	6.5M	42.7M	53.5M	19M
Free cash flow	-517K	11.1M	10.9M	9M	20.9M	26.5M	13.5M	21.1M	9.6M	51.6M	43.8M	34.7M

Sprott Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history