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B2Gold Corp (BTO.TO)

B2Gold Corp (BTO.TO)
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B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into various markets. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; the Goose Project, and other mineral properties; and corporate and other.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 3,061,238 1,902,030 1,934,272 1,732,590 1,762,264
Sales Growth +60.95% -1.67% +11.64% -1.68% -1.49%
Net Income 401,908 -629,891 10,097 252,873 420,065
Net Income Growth +163.81% -6,338.40% -96.01% -39.80% -33.12%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 5,879,316 4,813,998 4,874,619 3,681,233 3,561,293
Total Assets Growth +22.13% -1.24% +32.42% +3.37% +5.92%
Total Liabilities 2,237,800 1,778,301 964,644 569,444 600,286
Total Liabilities Growth +25.84% +84.35% +69.40% -5.14% -14.46%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 895,836 877,604 714,453 595,798 724,113
Operating Cash Flow Growth +2.08% +22.84% +19.92% -17.72% -23.83%
Net Cash Flow 61,742 45,231 -323,396 -4,269 203,608
Change in Net Cash Flow +36.50% +113.99% -7,475.45% -102.10% -39.01%
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