AG: First Majestic Silver Corp Financial Statements

Balance sheet, income statement, and cash flow statements for First Majestic Silver Corp (AG).

OverviewDividends

$1.66B Market Cap.

As of 02/24/2025 5:00 PM ET (MRY) • Disclaimer

AG Market Cap. (MRY)


AG Shares Outstanding (MRY)


AG Assets (MRY)


Total Assets

$1.98B

Total Liabilities

$628.72M

Total Investments

$155.85M

AG Income (MRY)


Revenue

$560.60M

Net Income

-$101.89M

Operating Expense

$76.75M

AG Cash Flow (MRY)


CF Operations

$151.97M

CF Investing

-$114.16M

CF Financing

$42.41M

AG Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$1,979,788,000 (0.17%)

$1,976,355,000 (-6.33%)

$2,110,009,000 (-0.70%)

$2,124,989,000 (71.71%)

Assets Current

$368,821,000 (19.34%)

$309,057,000 (-16.54%)

$370,289,000 (-6.78%)

$397,207,000 (11.56%)

Assets Non-Current

$1,610,967,000 (-3.38%)

$1,667,298,000 (-4.16%)

$1,739,720,000 (0.69%)

$1,727,782,000 (96.01%)

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$1,351,071,000 (-0.52%)

$1,358,120,000 (-3.77%)

$1,411,298,000 (0.02%)

$1,410,971,000 (65.95%)

Property Plant & Equipment Net

$1,437,050,000 (0.32%)

$1,432,413,000 (-6.93%)

$1,539,108,000 (0.79%)

$1,526,992,000 (95.20%)

Cash & Equivalents

$202,180,000 (61.00%)

$125,581,000 (-17.07%)

$151,438,000 (-39.54%)

$250,496,000 (5.00%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$580,000 (-74.79%)

$2,301,000 (-31.98%)

$3,383,000 (-72.33%)

$12,226,000 (349.98%)

Total Investments

$155,853,000 (-17.08%)

$187,953,000 (17.68%)

$159,721,000 (12.88%)

$141,498,000 (289.60%)

Investments Current

$49,781,000 (-20.20%)

$62,380,000 (80.66%)

$34,528,000 (30.36%)

$26,486,000 (-27.07%)

Investments Non-Current

$106,072,000 (-15.53%)

$125,573,000 (0.30%)

$125,193,000 (8.85%)

$115,012,000 (0%)

Inventory

$62,524,000 (-1.83%)

$63,690,000 (-1.65%)

$64,761,000 (6.84%)

$60,613,000 (86.43%)

Trade & Non-Trade Receivables

$17,303,000 (71.33%)

$10,099,000 (17.46%)

$8,598,000 (11.24%)

$7,729,000 (80.96%)

Trade & Non-Trade Payables

$103,895,000 (10.04%)

$94,413,000 (-17.99%)

$115,120,000 (-4.60%)

$120,666,000 (58.77%)

Accumulated Retained Earnings (Deficit)

-$717,058,000 (-17.57%)

-$609,876,000 (-30.07%)

-$468,896,000 (-34.84%)

-$347,753,000 (-2.61%)

Tax Assets

$90,989,000 (-35.68%)

$141,469,000 (38.65%)

$102,034,000 (-15.92%)

$121,360,000 (-4.13%)

Tax Liabilities

$122,571,000 (13.65%)

$107,851,000 (-33.14%)

$161,313,000 (-19.60%)

$200,628,000 (155.90%)

Total Debt

$237,017,000 (-7.60%)

$256,514,000 (3.46%)

$247,945,000 (12.14%)

$221,094,000 (27.59%)

Debt Current

$17,040,000 (-6.38%)

$18,202,000 (26.60%)

$14,378,000 (20.32%)

$11,950,000 (-26.84%)

Debt Non-Current

$219,977,000 (-7.69%)

$238,312,000 (2.03%)

$233,567,000 (11.68%)

$209,144,000 (33.26%)

Total Liabilities

$628,717,000 (1.70%)

$618,235,000 (-11.52%)

$698,711,000 (-2.14%)

$714,018,000 (84.37%)

Liabilities Current

$144,307,000 (20.12%)

$120,138,000 (-28.23%)

$167,399,000 (-3.14%)

$172,822,000 (70.06%)

Liabilities Non-Current

$484,410,000 (-2.75%)

$498,097,000 (-6.25%)

$531,312,000 (-1.83%)

$541,196,000 (89.46%)

AG Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$560,604,000 (-2.30%)

$573,801,000 (-8.08%)

$624,221,000 (6.87%)

$584,117,000 (60.53%)

Cost of Revenue

$468,704,000 (-14.49%)

$548,159,000 (-9.76%)

$607,469,000 (25.85%)

$482,698,000 (86.50%)

Selling General & Administrative Expense

$39,597,000 (2.29%)

$38,709,000 (6.43%)

$36,372,000 (34.40%)

$27,063,000 (8.88%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$76,753,000 (-64.52%)

$216,310,000 (291.10%)

$55,308,000 (3.61%)

$53,382,000 (-8.56%)

Interest Expense

$28,060,000 (6.77%)

$26,280,000 (29.31%)

$20,323,000 (-3.24%)

$21,004,000 (42.18%)

Income Tax Expense

$75,431,000 (224.06%)

-$60,803,000 (-215.00%)

$52,872,000 (75.23%)

$30,173,000 (354.28%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$101,885,000 (24.59%)

-$135,112,000 (-18.23%)

-$114,276,000 (-2221.27%)

-$4,923,000 (-121.32%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$101,885,000 (24.59%)

-$135,112,000 (-18.23%)

-$114,276,000 (-2221.27%)

-$4,923,000 (-121.32%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$101,885,000 (24.59%)

-$135,112,000 (-18.23%)

-$114,276,000 (-2221.27%)

-$4,923,000 (-121.32%)

Weighted Average Shares

$295,544,681 (4.68%)

$282,331,106 (7.30%)

$263,122,252 (7.51%)

$244,749,772 (14.43%)

Weighted Average Shares Diluted

$295,544,681 (4.68%)

$282,331,106 (7.30%)

$263,122,252 (7.51%)

$244,749,772 (13.37%)

Earning Before Interest & Taxes (EBIT)

$1,606,000 (100.95%)

-$169,635,000 (-312.93%)

-$41,081,000 (-188.82%)

$46,254,000 (3.94%)

Gross Profit

$91,900,000 (258.40%)

$25,642,000 (53.07%)

$16,752,000 (-83.48%)

$101,419,000 (-3.46%)

Operating Income

$15,147,000 (107.94%)

-$190,668,000 (-394.52%)

-$38,556,000 (-180.26%)

$48,037,000 (2.92%)

AG Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$114,160,000 (25.87%)

-$153,999,000 (27.97%)

-$213,797,000 (-18.28%)

-$180,753,000 (-42.20%)

Net Cash Flow from Financing

$42,410,000 (-34.40%)

$64,649,000 (-43.23%)

$113,886,000 (1.85%)

$111,817,000 (-4.08%)

Net Cash Flow from Operations

$151,970,000 (173.26%)

$55,614,000 (192.89%)

$18,988,000 (-72.37%)

$68,723,000 (-13.79%)

Net Cash Flow / Change in Cash & Cash Equivalents

$80,220,000 (337.79%)

-$33,736,000 (58.31%)

-$80,923,000 (-37892.02%)

-$213,000 (-100.31%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

-$5,401,000 (0%)

$0 (0%)

$16,478,000 (753.63%)

Net Cash Flow - Investment Acquisitions and Disposals

-

-

$0 (0%)

$0 (0%)

Capital Expenditure

-$115,121,000 (21.14%)

-$145,981,000 (32.94%)

-$217,680,000 (-15.19%)

-$188,967,000 (-68.77%)

Issuance (Repayment) of Debt Securities

-$37,271,000 (-144.59%)

-$15,238,000 (-333.32%)

$6,531,000 (-79.36%)

$31,648,000 (279.06%)

Issuance (Purchase) of Equity Shares

$93,744,000 (-0.51%)

$94,226,000 (-19.74%)

$117,394,000 (32.76%)

$88,425,000 (-36.13%)

Payment of Dividends & Other Cash Distributions

-$5,297,000 (9.73%)

-$5,868,000 (14.55%)

-$6,867,000 (-74.73%)

-$3,930,000 (0%)

Effect of Exchange Rate Changes on Cash

-$3,621,000 (-236.13%)

$2,660,000 (868.79%)

-$346,000 (21.18%)

-$439,000 (-210.58%)

Share Based Compensation

$12,192,000 (-5.30%)

$12,874,000 (-7.77%)

$13,958,000 (13.57%)

$12,290,000 (48.88%)

Depreciation Amortization & Accretion

$125,492,000 (-0.54%)

$126,170,000 (-8.18%)

$137,411,000 (16.17%)

$118,283,000 (110.16%)

AG Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

16.40% (264.44%)

4.50% (66.67%)

2.70% (-84.48%)

17.40% (-39.79%)

Profit Margin

-18.20% (22.55%)

-23.50% (-28.42%)

-18.30% (-2187.50%)

-0.80% (-112.70%)

EBITDA Margin

22.70% (398.68%)

-7.60% (-149.35%)

15.40% (-45.39%)

28.20% (1.81%)

Return on Average Equity (ROAE)

-7.50% (25.00%)

-10.00% (-21.95%)

-8.20% (-1950.00%)

-0.40% (-112.90%)

Return on Average Assets (ROAA)

-5.20% (23.53%)

-6.80% (-23.64%)

-5.50% (-1733.33%)

-0.30% (-114.29%)

Return on Sales (ROS)

0.30% (101.01%)

-29.60% (-348.48%)

-6.60% (-183.54%)

7.90% (-35.25%)

Return on Invested Capital (ROIC)

0.10% (101.16%)

-8.60% (-309.52%)

-2.10% (-177.78%)

2.70% (-37.21%)

Dividend Yield

0.30% (0.00%)

0.30% (0.00%)

0.30% (200.00%)

0.10% (0%)

Price to Earnings Ratio (P/E)

-16.15 (-26.03%)

-12.81 (33.94%)

-19.39 (96.51%)

-555.5 (-554.65%)

Price to Sales Ratio (P/S)

2.89 (-4.36%)

3.03 (-13.91%)

3.52 (-24.49%)

4.66 (-41.08%)

Price to Book Ratio (P/B)

1.23 (-5.62%)

1.3 (-16.41%)

1.55 (-23.07%)

2.02 (-39.01%)

Debt to Equity Ratio (D/E)

0.47 (2.20%)

0.46 (-8.08%)

0.49 (-2.17%)

0.51 (11.21%)

Earnings Per Share (EPS)

-0.34 (29.17%)

-0.48 (-11.63%)

-0.43 (-2050.00%)

-0.02 (-118.18%)

Sales Per Share (SPS)

1.9 (-6.64%)

2.03 (-14.33%)

2.37 (-0.63%)

2.39 (40.33%)

Free Cash Flow Per Share (FCFPS)

0.13 (139.06%)

-0.32 (57.62%)

-0.76 (-53.77%)

-0.49 (-225.17%)

Book Value Per Share (BVPS)

4.57 (-4.97%)

4.81 (-10.33%)

5.36 (-6.96%)

5.76 (45.03%)

Tangible Assets Book Value Per Share (TABVPS)

6.7 (-4.30%)

7 (-12.71%)

8.02 (-7.64%)

8.68 (50.05%)

Enterprise Value Over EBIT (EV/EBIT)

1,080 (9918.18%)

-11 (80.36%)

-56 (-191.80%)

61 (-1.61%)

Enterprise Value Over EBITDA (EV/EBITDA)

13.65 (131.54%)

-43.29 (-281.20%)

23.89 (38.57%)

17.24 (-36.98%)

Asset Turnover

0.28 (-2.07%)

0.29 (-3.33%)

0.3 (-4.46%)

0.31 (-3.09%)

Current Ratio

2.56 (-0.66%)

2.57 (16.32%)

2.21 (-3.74%)

2.3 (-34.40%)

Dividends

$0.02 (-14.29%)

$0.02 (-19.23%)

$0.03 (73.33%)

$0.01 (0%)

Free Cash Flow (FCF)

$36,849,000 (140.78%)

-$90,367,000 (54.52%)

-$198,692,000 (-65.24%)

-$120,244,000 (-272.78%)

Enterprise Value (EV)

$1,735,240,723 (-7.78%)

$1,881,548,633 (-18.24%)

$2,301,365,738 (-18.87%)

$2,836,778,997 (2.89%)

Earnings Before Tax (EBT)

-$26,454,000 (86.50%)

-$195,915,000 (-219.06%)

-$61,404,000 (-343.18%)

$25,250,000 (-15.07%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$127,098,000 (392.41%)

-$43,465,000 (-145.12%)

$96,330,000 (-41.45%)

$164,537,000 (63.26%)

Invested Capital

$1,870,318,000 (-5.88%)

$1,987,150,000 (-2.55%)

$2,039,117,000 (6.05%)

$1,922,765,000 (79.60%)

Working Capital

$224,514,000 (18.84%)

$188,919,000 (-6.89%)

$202,890,000 (-9.58%)

$224,385,000 (-11.81%)

Tangible Asset Value

$1,979,788,000 (0.17%)

$1,976,355,000 (-6.33%)

$2,110,009,000 (-0.70%)

$2,124,989,000 (71.71%)

Market Capitalization

$1,656,449,723 (-6.13%)

$1,764,638,633 (-19.53%)

$2,192,987,738 (-23.05%)

$2,849,740,997 (1.19%)

Average Equity

$1,360,587,000 (0.70%)

$1,351,152,000 (-2.76%)

$1,389,532,750 (9.80%)

$1,265,539,750 (71.75%)

Average Assets

$1,975,007,500 (-0.33%)

$1,981,574,000 (-4.86%)

$2,082,822,000 (11.93%)

$1,860,876,250 (65.85%)

Invested Capital Average

$1,944,489,000 (-1.59%)

$1,975,827,500 (-1.07%)

$1,997,103,500 (18.69%)

$1,682,638,250 (62.11%)

Shares

301,721,261 (5.15%)

286,933,111 (9.12%)

262,948,170 (2.51%)

256,502,340 (22.41%)