Versamet Royalties
VMET
8.70
+0.20
+2.29%
Versamet Royalties
US · VMET
#3299 by market cap
Listed 2025
8.70
+0.20
+2.29%
Live - 5344 symbols - heartbeat 433s ago
· 2026-10-08 10:09
Pre-market
8.55
+0.53%
After-hours
8.50
-0.06%
- Market cap
- 946.82M
- P/E (TTM)i
- 25.59
- P/Bi
- 2.40
- EPSi
- 0.22
- Div yieldi
- 0.00%
- 52W posi
- 3%
Reader sentiment
Are you bullish or bearish on VMET?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.23, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 4 years
Latest year +189.07% YoY
Margins
- Gross margin
- 38.77%
- Operating margin
- 16.79%
- Net margin
- 58.49%
Key ratios & quality
- Enterprise valuei
- 1.11B
- Altman Z-Scorei
- 3.23
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | -- | 3.14M | 12.03M | 34.76M |
| Gross profit | -- | 842.47K | 1.19M | 13.48M |
| Selling & admin expenses | -- | 3.41M | 5.48M | 7.49M |
| Research & development | -- | -- | 49.00K | 146.00K |
| Operating profit | -- | -2.60M | -4.33M | 5.84M |
| Pretax profit | -- | -2.50M | -874.00K | 29.60M |
| Tax | -- | 619.22K | 1.57M | 9.27M |
| Net profit | -- | -3.12M | -2.45M | 20.33M |
| Basic EPS | -- | 0 | 0 | 0 |
| Diluted EPS | -- | -0.03 | -0.03 | 0.21 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 3.45M | 4.83M | 8.12M | 18.36M | 23.97M | 23.73M |
| Gross profit | 221.00K | 674.00K | 2.73M | 9.86M | 14.03M | 13.99M |
| Selling & admin expenses | 1.36M | 1.27M | 1.49M | 3.39M | 3.60M | 2.20M |
| Research & development | -- | 68.00K | -- | -- | -- | 894.00K |
| Operating profit | -1.14M | -668.00K | 1.23M | 6.42M | 10.43M | 10.90M |
| Pretax profit | 2.56M | 832.00K | 4.77M | 21.44M | 19.53M | 7.00M |
| Tax | 775.00K | 662.00K | 1.45M | 6.38M | 5.77M | 2.10M |
| Net profit | 1.78M | 170.00K | 3.32M | 15.06M | 13.76M | 4.90M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.02 | 0.00 | 0.03 | 0.15 | 0.13 | 0.04 |
Balance sheet
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total current assets | 7.08M | 12.83M | 9.46M | 24.22M |
| Cash & ST investments | 4.08M | 6.72M | 1.43M | 3.71M |
| Inventory | -- | -- | -- | -- |
| Total assets | 79.21M | 157.74M | 230.25M | 418.01M |
| Total current liabilities | 8.94M | 16.48M | 16.85M | 32.88M |
| Short-term debt | 8.83M | 12.57M | 12.33M | 30.00M |
| Long-term debt | 6.31M | 27.09M | 608.00K | 141.00M |
| Total liabilities | 15,467,747.00 | 43,968,030.00 | 18,922,000.00 | 184,050,000.00 |
| Total equity | 63.74M | 113.77M | 211.33M | 233.96M |
| Retained earnings | -2.40M | -5.52M | -7.97M | 12.37M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 9.73M | 10.60M | 15.71M | 24.22M | 30.21M | 37.25M |
| Cash & ST investments | 869.18K | 1.07M | 11.07M | 3.71M | 6.13M | 13.24M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 231.69M | 269.83M | 400.45M | 418.01M | 425.81M | 788.21M |
| Total current liabilities | 15.99M | 151.09K | 23.54M | 32.88M | 895.00K | 52.57M |
| Short-term debt | 12.54M | -- | 22.50M | 30.00M | -- | 50.00M |
| Long-term debt | -- | 53.00M | 154.50M | 141.00M | 45.00M | 325.00M |
| Total liabilities | 18,110,046.00 | 55,798,039.00 | 182,026,000.00 | 184,050,000.00 | 60,089,000.00 | 393,661,000.00 |
| Total equity | 213.58M | 214.03M | 218.42M | 233.96M | 365.72M | 394.55M |
| Retained earnings | -6.18M | -6.01M | -2.69M | 12.37M | 26.12M | 31.02M |
Cash flow
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | -- | 621.27K | 7.40M | 16.95M |
| Depreciation & amortization | -- | 900.54K | 843.00K | 6.18M |
| Free cash flow | -- | 621.27K | 7.40M | 16.95M |
| Dividends paid | -- | 0 | 0 | 0 |
| Stock buybacks / issuance | -- | 27.46M | 7.50M | 0 |
| Ending cash balance | -- | 6.72M | 1.43M | 3.71M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 652.00K | 2.31M | 4.26M | 9.73M | 15.39M | 20.30M |
| Depreciation & amortization | 238.00K | 661.00K | 1.62M | 3.65M | 4.01M | 4.14M |
| Free cash flow | 652.00K | 2.31M | -120.90M | 169.98M | 15.39M | 20.15M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock buybacks / issuance | 0 | 0 | 0 | 0 | 114.39M | 3.01M |
| Ending cash balance | 869.00K | 1.07M | 2.46M | 3.71M | 6.13M | 13.24M |
Returns & efficiency
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| ROE %i | -- | -3.52 | -1.51 | 9.13 |
| ROA %i | -- | -2.64 | -1.26 | 6.27 |
| ROIC %i | -- | -1.48 | 0.05 | 9.06 |
| 5-year avg ROE %i | -- | -- | -- | -- |
| EBIT margin %i | -- | -15.74 | 22.50 | 120.15 |
| FCF / sales %i | -- | 19.79 | 61.52 | 48.75 |
| Current ratioi | 0.79 | 0.78 | 0.56 | 0.74 |
| Quick ratioi | 0.79 | 0.43 | 0.11 | 0.41 |
| Debt / assetsi | 19.12 | 25.14 | 5.62 | 40.91 |
| LT debt / equityi | 9.90 | 23.81 | 0.29 | 60.27 |
| Interest coveragei | -- | -0.25 | 0.76 | 3.43 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -0.23 | -0.67 | -0.91 | 9.13 | 11.15 | 12.17 |
| ROA %i | -0.21 | -0.53 | -0.50 | 6.27 | 9.83 | 7.00 |
| ROIC %i | 0.77 | 1.85 | 1.19 | 9.06 | 12.43 | 8.56 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 34.58 | 61.90 | 44.25 | 120.15 | 108.97 | 89.78 |
| FCF / sales %i | 50.72 | 47.22 | -- | 48.75 | 57.32 | 66.75 |
| Current ratioi | 0.61 | 70.18 | 0.67 | 0.74 | 33.76 | 0.71 |
| Quick ratioi | 0.08 | 14.29 | 0.66 | 0.41 | 19.06 | 0.45 |
| Debt / assetsi | 5.41 | 19.64 | 44.20 | 40.91 | 10.57 | 47.58 |
| LT debt / equityi | -- | 24.76 | 70.73 | 60.27 | 12.30 | 82.37 |
| Interest coveragei | 1.43 | 1.05 | 0.94 | 3.43 | 4.41 | 4.80 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Kiaka, Burkina Faso is the largest reported line at 33.74% of revenue, across 7 reported segments.
- No single line clears half of revenue; Rosh Pinah, Namibia is next at 25.79%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Kiaka, Burkina Faso33.74%
Rosh Pinah, Namibia25.79%
Greenstone, Canada20.16%
Kolpa, Peru9.62%
Santa Rita, Brazil4.98%
Mercedes, Mexico3.14%
Blackwater, Canada2.57%
Quote time 2026-10-08 10:09:51 · For reference only, not investment advice and not tailored to your situation.