Endeavour Sil Financials

EXK

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Endeavour Sil (EXK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI EXK FY2025 2026-04-22

Expansion is outrunning self-funding, making external capital the main engine of balance-sheet growth rather than operating profits.

Even after the FY2025 revenue surge, operating cash flow stayed positive but far below capital spending, so the larger scale has not yet made expansion self-funding. The two-year bridge makes that clear: financing inflows of $523.0M sat against cumulative free-cash outflow of -$278.1M.

The balance sheet became much heavier without becoming heavily bank-debt financed, which means the burden is showing up more in broader liabilities and capital raises than in traditional leverage ratios. Even in FY2025, long-term debt was only $12.7M against total liabilities of $656.6M, pointing to expansion being supported more by equity issuance and operating obligations than by term borrowing.

FY2025 shows a pronounced earnings-quality split: a net loss of -$119.1M coexisted with operating cash flow of $67.4M. In practice, the income statement is now carrying the cost of a much larger asset base, while the cash strain appears later through reinvestment rather than at the point revenue is booked.

Financial Health Signals

Financial Profile 38/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Endeavour Sil's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

100

Endeavour Sil's revenue surged 114.8% year-over-year to $467.5M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

100

Endeavour Sil carries a low D/E ratio of 0.02, meaning only $0.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Endeavour Sil's current ratio of 1.53 is below the typical benchmark, resulting in a score of 26/100. However, the company holds substantial cash reserves (78% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Cash Flow

While Endeavour Sil generated $67.4M in operating cash flow, capex of $169.2M consumed most of it, leaving -$101.8M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Endeavour Sil generates a -20.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -6.5% the prior year.

Piotroski F-Score Neutral

5/9

Endeavour Sil passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

-0.57x

For every $1 of reported earnings, Endeavour Sil generates $-0.57 in operating cash flow ($67.4M OCF vs -$119.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$467.5M

YoY+114.8%

5Y CAGR+27.6%

Endeavour Sil generated $467.5M in revenue in fiscal year 2025. This represents an increase of 114.8% from the prior year.

EBITDA

N/A

Net Income

-$119.1M

YoY-278.1%

Endeavour Sil reported -$119.1M in net income in fiscal year 2025. This represents a decrease of 278.1% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

-$101.8M

YoY+42.3%

Endeavour Sil generated -$101.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 42.3% from the prior year.

Cash & Debt

$215.4M

YoY+102.4%

5Y CAGR+28.7%

Endeavour Sil held $215.4M in cash against $12.7M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

262M

YoY+0.0%

5Y CAGR+10.7%

Endeavour Sil had 262M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-25.5%

YoY-11.0pp

5Y CAGR-26.3pp

Endeavour Sil's net profit margin was -25.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 11.0 percentage points from the prior year.

Return on Equity

-20.6%

YoY-14.1pp

5Y CAGR-21.3pp

Endeavour Sil's ROE was -20.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 14.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$169.2M

YoY-13.4%

5Y CAGR+46.0%

Endeavour Sil invested $169.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 13.4% from the prior year.

EXK Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$467.5M+114.8%	$217.6M+5.9%	$205.5M-2.2%	$210.2M+27.1%	$165.3M+19.4%	$138.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	$94K+46.9%	$64K-12.3%	$73K-13.1%	$84K
Income Tax	$14.2M+49.5%	$9.5M-21.7%	$12.1M-35.3%	$18.7M+19.2%	$15.7M+810.9%	-$2.2M
Net Income	-$119.1M-278.1%	-$31.5M-614.5%	$6.1M-1.3%	$6.2M-55.6%	$14.0M+1104.1%	$1.2M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

EXK Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.2B+71.8%	$719.2M+51.5%	$474.8M+18.9%	$399.4M+35.9%	$294.0M+39.6%	$210.6M
Current Assets	$423.2M+168.5%	$157.6M+56.4%	$100.8M-31.1%	$146.3M-9.5%	$161.8M+54.1%	$105.0M
Cash & Equivalents	$215.4M+102.4%	$106.4M+201.5%	$35.3M-57.7%	$83.4M-19.3%	$103.3M+69.1%	$61.1M
Inventory	$62.3M+73.1%	$36.0M+32.1%	$27.3M+42.1%	$19.2M-30.2%	$27.5M+65.2%	$16.6M
Accounts Receivable	$26.0M+400.0%	$5.2M-76.7%	$22.3M+57.6%	$14.1M-2.3%	$14.5M-28.2%	$20.1M
Goodwill	N/A	N/A	N/A	N/A	N/A	$0
Total Liabilities	$656.6M+179.6%	$234.8M+165.4%	$88.5M+5.9%	$83.5M+47.6%	$56.6M+9.9%	$51.5M
Current Liabilities	$276.8M+250.8%	$78.9M+35.5%	$58.2M+10.4%	$52.7M+30.1%	$40.6M+17.4%	$34.6M
Long-Term Debt	$12.7M-89.6%	$122.6M+21221.7%	$575K-29.2%	$812K+2.3%	$794K-13.8%	$921K
Total Equity	$579.1M+19.5%	$484.4M+25.4%	$386.3M+22.3%	$315.9M+33.1%	$237.4M+49.2%	$159.1M
Retained Earnings	-$491.3M-32.0%	-$372.2M-9.2%	-$340.9M+2.1%	-$348.1M+1.8%	-$354.3M+3.8%	-$368.3M

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Total Assets	$1.2B+71.8%	$719.2M+51.5%	$474.8M+18.9%	$399.4M+35.9%	$294.0M+39.6%	$210.6M+28.6%	$163.7M-7.5%	$177.0M
Current Assets	$423.2M+168.5%	$157.6M+56.4%	$100.8M-31.1%	$146.3M-9.5%	$161.8M+54.1%	$105.0M+65.9%	$63.3M-18.9%	$78.0M
Cash & Equivalents	$215.4M+102.4%	$106.4M+201.5%	$35.3M-57.7%	$83.4M-19.3%	$103.3M+69.1%	$61.1M+161.4%	$23.4M-30.0%	$33.4M
Inventory	$62.3M+73.1%	$36.0M+32.1%	$27.3M+42.1%	$19.2M-30.2%	$27.5M+65.2%	$16.6M+22.5%	$13.6M-8.8%	$14.9M
Accounts Receivable	$26.0M+400.0%	$5.2M-76.7%	$22.3M+57.6%	$14.1M-2.3%	$14.5M-28.2%	$20.1M+8.5%	$18.6M-31.1%	$26.9M
Goodwill	N/A	N/A	N/A	N/A	N/A	$0	N/A	N/A
Total Liabilities	$656.6M+179.6%	$234.8M+165.4%	$88.5M+5.9%	$83.5M+47.6%	$56.6M+9.9%	$51.5M+25.9%	$40.9M+26.8%	$32.3M
Current Liabilities	$276.8M+250.8%	$78.9M+35.5%	$58.2M+10.4%	$52.7M+30.1%	$40.6M+17.4%	$34.6M+39.1%	$24.8M+5.6%	$23.5M
Long-Term Debt	$12.7M-89.6%	$122.6M+21221.7%	$575K-29.2%	$812K+2.3%	$794K-13.8%	$921K-14.2%	$1.1M	N/A
Total Equity	$579.1M+19.5%	$484.4M+25.4%	$386.3M+22.3%	$315.9M+33.1%	$237.4M+49.2%	$159.1M+29.5%	$122.8M-15.2%	$144.8M
Retained Earnings	-$491.3M-32.0%	-$372.2M-9.2%	-$340.9M+2.1%	-$348.1M+1.8%	-$354.3M+3.8%	-$368.3M+0.7%	-$370.9M-14.5%	-$324.0M

EXK Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$67.4M+252.9%	$19.1M+62.3%	$11.8M-78.6%	$55.0M+134.4%	$23.5M-39.8%	$39.0M
Capital Expenditures	$169.2M-13.4%	$195.4M+65.9%	$117.8M+7.4%	$109.7M+102.8%	$54.1M+111.8%	$25.5M
Free Cash Flow	-$101.8M+42.3%	-$176.3M-66.3%	-$106.0M-93.7%	-$54.7M-78.7%	-$30.6M-328.2%	$13.4M
Investing Cash Flow	-$237.4M-29.4%	-$183.5M-71.2%	-$107.2M+3.8%	-$111.5M-193.2%	-$38.0M-27.5%	-$29.8M
Financing Cash Flow	$287.0M+21.6%	$236.0M+390.4%	$48.1M+30.9%	$36.8M-35.1%	$56.7M+105.7%	$27.5M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

EXK Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-25.5%-11.0pp	-14.5%-17.5pp	3.0%+0.0pp	2.9%-5.5pp	8.4%+7.6pp	0.8%
Return on Equity	-20.6%-14.1pp	-6.5%-8.1pp	1.6%-0.4pp	2.0%-3.9pp	5.9%+5.1pp	0.7%
Return on Assets	-9.6%-5.3pp	-4.4%-5.7pp	1.3%-0.3pp	1.6%-3.2pp	4.8%+4.2pp	0.5%
Current Ratio	1.53-0.5	2.00+0.3	1.73-1.0	2.77-1.2	3.99+1.0	3.04
Debt-to-Equity	0.02-0.2	0.25+0.3	0.000.0	0.000.0	0.000.0	0.01
FCF Margin	-21.8%+59.2pp	-81.0%-29.4pp	-51.6%-25.6pp	-26.0%-7.5pp	-18.5%-28.2pp	9.7%

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.53-0.5	2.00+0.3	1.73-1.0	2.77-1.2	3.99+1.0	3.04+0.5	2.55-0.8	3.32
Debt-to-Equity	0.02-0.2	0.25+0.3	0.000.0	0.000.0	0.000.0	0.010.0	0.01-0.2	0.22
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Endeavour Sil's annual revenue?

Endeavour Sil (EXK) reported $467.5M in total revenue for fiscal year 2025. This represents a 114.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Endeavour Sil's revenue growing?

Endeavour Sil (EXK) revenue grew by 114.8% year-over-year, from $217.6M to $467.5M in fiscal year 2025.

Is Endeavour Sil profitable?

No, Endeavour Sil (EXK) reported a net income of -$119.1M in fiscal year 2025, with a net profit margin of -25.5%.

How much debt does Endeavour Sil have?

As of fiscal year 2025, Endeavour Sil (EXK) had $215.4M in cash and equivalents against $12.7M in long-term debt.

What is Endeavour Sil's net profit margin?

Endeavour Sil (EXK) had a net profit margin of -25.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Endeavour Sil's return on equity (ROE)?

Endeavour Sil (EXK) has a return on equity of -20.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Endeavour Sil's free cash flow?

Endeavour Sil (EXK) generated -$101.8M in free cash flow during fiscal year 2025. This represents a 42.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Endeavour Sil's operating cash flow?

Endeavour Sil (EXK) generated $67.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Endeavour Sil's total assets?

Endeavour Sil (EXK) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Endeavour Sil's capital expenditures?

Endeavour Sil (EXK) invested $169.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Endeavour Sil have outstanding?

Endeavour Sil (EXK) had 262M shares outstanding as of fiscal year 2025.

What is Endeavour Sil's current ratio?

Endeavour Sil (EXK) had a current ratio of 1.53 as of fiscal year 2025, which is generally considered healthy.

What is Endeavour Sil's debt-to-equity ratio?

Endeavour Sil (EXK) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Endeavour Sil's return on assets (ROA)?

Endeavour Sil (EXK) had a return on assets of -9.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Endeavour Sil's Piotroski F-Score?

Endeavour Sil (EXK) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Endeavour Sil's earnings high quality?

Endeavour Sil (EXK) has an earnings quality ratio of -0.57x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Endeavour Sil?

Endeavour Sil (EXK) scores 38 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.