What is New Found Gold's operating income?

New Found Gold's total operating income in 2025 was -$35.85 million, based on the following breakdown: Total Gross Profit: $5.52 million Total Operating Expenses: $41.37 million

New Found Gold (NFGFF) Financials

$2.08 +0.08 (+4.00%)

As of 05/29/2026

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Annual Income Statements for New Found Gold

This table shows New Found Gold's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-26	-39	-67	-61	-35	-35
Consolidated Net Income / (Loss)	-26	-40	-67	-61	-35	-35
Net Income / (Loss) Continuing Operations	-29	-40	-67	-61	-35	-35
Total Pre-Tax Income	-30	-45	-67	-61	-35	-35
Total Operating Income	-30	-44	-66	-60	-37	-36
Total Gross Profit	-0.53	-0.75	-2.14	17	4.39	5.52
Total Revenue	-0.53	-0.75	-2.14	17	5.00	14
Operating Revenue	-0.53	-0.75	-2.14	17	5.00	14
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.62	8.72
Operating Cost of Revenue	-	-	-	-	0.62	8.72
Total Operating Expenses	30	43	63	77	41	41
Selling, General & Admin Expense	-	-	-	-	4.77	8.51
Exploration Expense	6.36	33	53	71	37	30
Other Operating Expenses / (Income)	22	8.67	9.18	3.61	0.00	3.41
Impairment Charge	0.13	0.02	-	-	0.00	-0.73
Total Other Income / (Expense), net	-0.09	-0.37	-0.90	-0.60	1.98	0.95
Interest Expense	0.00	0.01	-	-	0.02	0.08
Interest & Investment Income	-	-	-	-	1.99	1.03
Income Tax Expense	-	-	-	-	0.00	-0.29
Weighted Average Basic Shares Outstanding	112.66M	154.95M	166.86M	178.36M	-0.18	-0.15
Diluted Earnings per Share	-	($0.33)	-	-	($0.18)	($0.15)
Weighted Average Diluted Shares Outstanding	112.66M	154.95M	166.86M	178.36M	194.03M	342.33M
Weighted Average Basic & Diluted Shares Outstanding	225.32M	309.90M	333.72M	356.73M	388.07M	469.27M

No quarterly income statements for New Found Gold are available.

This table details how cash moves in and out of New Found Gold's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	32	41	-14	-21	-22	27
Net Cash From Operating Activities	33	53	-9.57	-20	-39	25
Net Cash From Continuing Operating Activities	33	53	-9.57	-20	-33	25
Net Income / (Loss) Continuing Operations	-26	-40	-67	-61	-35	-35
Consolidated Net Income / (Loss)	-26	-40	-67	-61	-35	-35
Depreciation Expense	0.10	0.46	0.65	0.71	0.57	0.60
Non-Cash Adjustments To Reconcile Net Income	59	91	54	40	-1.51	59
Net Cash From Investing Activities	-1.13	-11	-3.96	-1.12	-2.21	-1.30
Net Cash From Continuing Investing Activities	-1.13	-11	-3.96	-1.12	-2.21	-1.30
Purchase of Property, Plant & Equipment	-1.13	-1.16	-3.96	-1.13	-0.43	-1.30
Net Cash From Financing Activities	0.00	0.00	0.00	0.00	19	0.00
Net Cash From Continuing Financing Activities	0.00	0.00	0.00	0.00	0.58	0.00
Other Net Changes in Cash	-	-	-	0.00	-	-0.02
Cash Interest Received	-	-	-	0.00	-	0.00

No quarterly cash flow statements for New Found Gold are available.

This table presents New Found Gold's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	58	116	82	64	51	391
Total Current Assets	56	107	70	47	21	61
Cash & Equivalents	37	79	61	41	15	43
Short-Term Investments	-	-	-	2.72	0.64	6.49
Accounts Receivable	-	0.00	-	-	1.53	3.15
Inventories, net	-	-	-	-	0.00	6.43
Plant, Property, & Equipment, net	1.08	2.28	5.37	5.79	5.59	183
Plant, Property & Equipment, gross	-0.15	-	-	-	5.59	183
Total Noncurrent Assets	18	32	12	6.89	25	147
Long-Term Investments	17	25	5.54	-	1.06	0.00
Goodwill	-	-	-	-	0.00	88
Other Noncurrent Operating Assets	1.81	6.67	6.60	6.89	24	59
Total Liabilities & Shareholders' Equity	58	116	82	64	51	391
Total Liabilities	0.50	20	20	14	5.17	85
Total Current Liabilities	0.50	9.98	20	14	5.12	16
Other Current Liabilities	0.04	0.04	0.06	0.07	1.72	0.48
Total Noncurrent Liabilities	0.00	9.90	0.05	0.05	0.05	70
Long-Term Debt	-	-	-	-	0.00	0.37
Capital Lease Obligations	0.00	0.04	0.05	0.05	0.05	0.25
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	0.00	61
Other Noncurrent Operating Liabilities	-	-	-	-	0.00	7.93
Total Equity & Noncontrolling Interests	57	96	62	50	46	306
Total Preferred & Common Equity	57	96	62	50	46	306
Total Common Equity	57	96	62	50	46	306
Common Stock	69	142	170	220	237	513
Retained Earnings	-31	-70	-133	-197	-215	-261
Other Equity Adjustments	19	24	25	26	24	53

No quarterly balance sheets for New Found Gold are available.

This table displays calculated financial ratios and metrics derived from New Found Gold's official financial filings.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	164,205,700.00	175,377,526.00	186,873,012.00	-	342,329,665.00
DEI Adjusted Shares Outstanding	0.00	164,205,700.00	175,377,526.00	186,873,012.00	-	342,329,665.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	-0.24	-0.38	-0.32	-	-0.10
Growth Metrics	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	-21	-31	-46	-42	-24	-25
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-84.43%	-51.98%	-8.19%
Earnings before Interest and Taxes (EBIT)	-30	-45	-67	-61	-35	-36
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-30	-44	-66	-60	-34	-35
Valuation Ratios	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-38	-50	-43	-40	-265
Efficiency Ratios	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	3.34	10	14	15	31	270
Increase / (Decrease) in Invested Capital	0.00	6.98	3.91	0.87	16	240
Book Value per Share	$0.51	$0.62	$0.38	$0.28	$0.25	$1.52
Tangible Book Value per Share	$0.51	$0.62	$0.38	$0.28	$0.25	$1.08
Total Capital	57	96	62	50	46	306
Total Debt	0.00	0.04	0.05	0.05	0.05	0.62
Total Long-Term Debt	0.00	0.04	0.05	0.05	0.05	0.62
Net Debt	-54	-104	-66	-43	-16	-49
Capital Expenditures (CapEx)	1.13	1.16	3.96	1.12	0.43	1.30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	18	18	-11	-11	-0.60	-3.77
Debt-free Net Working Capital (DFNWC)	55	97	50	33	16	46
Net Working Capital (NWC)	55	97	50	33	16	46
Net Nonoperating Expense (NNE)	4.43	8.59	21	19	11	9.60
Net Nonoperating Obligations (NNO)	-54	-86	-47	-35	-15	-36
Total Depreciation and Amortization (D&A)	0.10	0.46	0.65	0.71	0.57	0.60
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($0.33)	($0.54)	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	154.95M	166.86M	186.87M	200.46M	0.00
Adjusted Diluted Earnings per Share	$0.00	($0.33)	($0.54)	$0.00	$0.00	($0.15)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	154.95M	166.86M	186.87M	200.46M	342.33M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	164.21M	175.38M	356.73M	388.07M	469.27M
Normalized Net Operating Profit after Tax (NOPAT)	-21	-31	-46	-42	-24	-26
Debt Service Ratios	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-

No quarterly metrics and ratios for New Found Gold are available.

Financials Breakdown Chart

New Found Gold Financials - Frequently Asked Questions

According to the most recent income statement we have on file, New Found Gold's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

In the past 5 years, New Found Gold's net income has ranged from -$66.50 million in 2022 to -$25.50 million in 2020, and is currently -$34.69 million as of their latest financial filing in 2025.

New Found Gold's total operating income in 2025 was -$35.85 million, based on the following breakdown:

Total Gross Profit: $5.52 million
Total Operating Expenses: $41.37 million

Over the last 5 years, New Found Gold's total revenue changed from -$530.90 thousand in 2020 to $14.24 million in 2025, a change of -2,782.2%.

New Found Gold's total liabilities were at $85.35 million at the end of 2025, a 1,550.1% increase from 2024, and a 17,043.9% increase since 2020.

In the past 5 years, New Found Gold's cash and equivalents has ranged from $15.50 million in 2024 to $78.64 million in 2021, and is currently $42.91 million as of their latest financial filing in 2025.

Over the last 5 years, New Found Gold's book value per share changed from 0.51 in 2020 to 1.52 in 2025, a change of 200.6%.

Financial statements for OTCMKTS:NFGFF last updated on 5/29/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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New Found Gold (NFGFF) Financials

Financials Breakdown Chart

New Found Gold Financials - Frequently Asked Questions

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New Found Gold (NFGFF) Financials

Annual Income Statements for New Found Gold

Quarterly Income Statements for New Found Gold

Annual Cash Flow Statements for New Found Gold

Quarterly Cash Flow Statements for New Found Gold

Annual Balance Sheets for New Found Gold

Quarterly Balance Sheets for New Found Gold

Annual Metrics And Ratios for New Found Gold

Quarterly Metrics And Ratios for New Found Gold

Financials Breakdown Chart

New Found Gold Financials - Frequently Asked Questions

When does New Found Gold's financial year end?

How has New Found Gold's net income changed over the last 5 years?

What is New Found Gold's operating income?

How has New Found Gold's revenue changed over the last 5 years?

How much debt does New Found Gold have?

How much cash does New Found Gold have?

How has New Found Gold's book value per share changed over the last 5 years?

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