Mako Mining Corp. (TSXV:MKO)

Mako Mining Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	92.97	77.28	14.52	1.5	0.52	1.94
Short-Term Investments	2.87	2.04	-	-	-	-
Cash & Short-Term Investments	95.84	79.31	14.52	1.5	0.52	1.94
Cash Growth	806.15%	446.19%	869.36%	186.42%	-73.10%	-26.17%
Accounts Receivable	3.09	0.25	0.32	0.3	1.1	0.01
Other Receivables	-	-	-	-	0.08	0.03
Receivables	3.09	0.25	0.32	0.3	1.18	0.04
Inventory	33.01	29.18	11.09	13.85	9.97	6.86
Prepaid Expenses	1.28	1.87	0.72	0.33	0.88	0.8
Other Current Assets	1.57	1.11	0.73	0.74	0.35	0.28
Total Current Assets	134.79	111.72	27.37	16.71	12.9	9.93
Property, Plant & Equipment	122.87	80.58	69.76	20.53	32.26	44.53
Long-Term Deferred Charges	-	1	0.03	-	-	-
Other Long-Term Assets	16.65	15.15	9.92	4.56	0	0.51
Total Assets	274.31	208.45	107.08	41.81	45.17	54.97

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	17.03	13.72	10.04	5.92	10.9	4.4
Accrued Expenses	1.67	0.78	0.31	0.02	0.06	0.22
Short-Term Debt	-	-	-	-	0.37	0.37
Current Portion of Long-Term Debt	13.15	-	1.8	3.15	2.79	3.98
Current Portion of Leases	0.04	0.07	0.1	0.09	0.1	-
Current Income Taxes Payable	9.81	13.93	4.35	0.27	0.21	-
Current Unearned Revenue	0.37	0.35	-	-	-	-
Other Current Liabilities	-	-	-	0.2	1.74	1.04
Total Current Liabilities	42.06	28.85	16.6	9.66	16.16	10.01
Long-Term Debt	29.2	-	4.81	7.52	12.27	17.38
Long-Term Leases	-	-	0.07	0.17	0.24	-
Long-Term Unearned Revenue	0.32	0.4	-	-	-	-
Long-Term Deferred Tax Liabilities	8.32	6.96	3.22	-	-	-
Other Long-Term Liabilities	19.99	21.5	5.46	3.84	2.84	1.61
Total Liabilities	99.89	57.71	30.16	21.18	31.5	29

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	163.72	162.45	121.78	87.87	88.02	88.26
Additional Paid-In Capital	16.58	16.82	16.32	12.55	12.09	11.6
Retained Earnings	-7.73	-30.88	-64.01	-81.12	-87.84	-75.66
Comprehensive Income & Other	1.85	2.35	2.84	1.32	1.4	1.76
Shareholders' Equity	174.42	150.73	76.92	20.63	13.67	25.97
Total Liabilities & Equity	274.31	208.45	107.08	41.81	45.17	54.97

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	42.39	0.07	6.78	10.92	15.76	21.73
Net Cash (Debt)	53.46	79.24	7.75	-9.43	-15.24	-19.79
Net Cash Growth	979.28%	923.03%	-	-	-	-
Net Cash Per Share	0.63	0.95	0.11	-0.14	-0.23	-0.30
Filing Date Shares Outstanding	87.56	87.56	79.3	65.68	65.82	65.83
Total Common Shares Outstanding	87.57	87.01	79.25	65.55	65.74	65.93
Working Capital	92.73	82.87	10.77	7.06	-3.25	-0.08
Book Value Per Share	1.99	1.73	0.97	0.31	0.21	0.39
Tangible Book Value	174.42	150.73	76.92	20.63	13.67	25.97
Tangible Book Value Per Share	1.99	1.73	0.97	0.31	0.21	0.39
Land	-	-	-	5.64	5.39	3.25
Buildings	50.94	49.11	46.93	-	-	-
Machinery	-	-	-	42.77	42.32	39.71

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 29, 2026

Data Sources Report a data error