Cash flow Kenmare Resources plc

Equities

KMR

IE00BDC5DG00

Specialty Mining & Metals

Market Closed - London S.E. Other stock markets 16:35:08 13/02/2026 GMT			5-day change	1st Jan Change
252.00 ^GBX	-0.40%		+3.70%	+2.02%

01-30	Kenmare Resources plc Announces Changes to Committee Composition Effective January 31, 2026	CI
01-21	EARNINGS AND TRADING: Kenmare meets guidance, plans to lower costs	AN

4353b40f28d154e.blNp5uEgCEHDUBEsZHZTQR7oiUPo8qIbifIXfTZnu2o.CDoC0JZEZwOLOGJ6OywXNnzfwhSgv8dusaZFTmEE-F4MYwXSr0JSNKkTJQ

Published financial data: KENMARE RESOURCES PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	244M	456M	526M	458M	415M
Total Revenues	244M	456M	526M	458M	415M
Cost of Goods Sold, Total	179M	245M	283M	295M	319M
Gross Profit	64.64M	211M	243M	164M	95.38M
Selling General & Admin Expenses, Total	28.55M	54.98M	9.86M	8.43M	6.16M
Stock-Based Compensation (IS)	1.7M	3M	-	-	-
Other Operating Expenses	664K	747K	744K	676K	720K
Other Operating Expenses, Total	30.91M	58.72M	10.61M	9.1M	6.88M
Operating Income	33.73M	152M	233M	154M	88.5M
Interest Expense, Total	-9.6M	-9.71M	-8.98M	-8.05M	-5.39M
Interest And Investment Income	642K	265K	657K	5.9M	3.64M
Net Interest Expenses	-8.96M	-9.45M	-8.32M	-2.14M	-1.75M
Currency Exchange Gains (Loss)	-980K	-3.9M	490K	-	-
Other Non Operating Income (Expenses)	-1.04M	-1.59M	-2.75M	-2.4M	-4.68M
EBT, Excl. Unusual Items	22.75M	137M	222M	150M	82.07M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	22.75M	137M	222M	150M	82.07M
Income Tax Expense	6.02M	8.77M	16.07M	18.93M	17.18M
Earnings From Continuing Operations	16.74M	129M	206M	131M	64.89M
Net Income to Company	16.74M	129M	206M	131M	64.89M
Net Income - (IS)	16.74M	129M	206M	131M	64.89M
Net Income to Common Incl Extra Items	16.74M	129M	206M	131M	64.89M
Net Income to Common Excl. Extra Items	16.74M	129M	206M	131M	64.89M
Per Share Items
Net EPS - Basic	0.15	1.18	2.17	1.41	0.73
Basic EPS - Continuing Operations	0.15	1.18	2.17	1.41	0.73
Basic Weighted Average Shares Outstanding	110M	109M	94.92M	93.13M	89.23M
Net EPS - Diluted	0.15	1.16	2.12	1.37	0.71
Diluted EPS - Continuing Operations	0.15	1.16	2.12	1.37	0.71
Diluted Weighted Average Shares Outstanding	112M	111M	97.28M	95.56M	91.93M
Normalized Basic EPS	0.13	0.79	1.46	1.01	0.57
Normalized Diluted EPS	0.13	0.77	1.43	0.98	0.56
Dividend Per Share	0.1	0.33	0.54	0.56	0.32
Payout Ratio	51.34	12.76	16.85	43.22	74.15
Supplemental Items
EBITDA	75.69M	215M	297M	220M	157M
EBITA	34.39M	153M	233M	155M	89.22M
EBIT	33.73M	152M	233M	154M	88.5M
EBITDAR	-	-	301M	232M	169M
Effective Tax Rate - (Ratio)	26.43	6.39	7.24	12.63	20.93
Current Foreign Taxes	5.75M	8.77M	16.07M	18.93M	17.18M
Total Current Taxes	5.75M	8.77M	16.07M	18.93M	17.18M
Deferred Foreign Taxes	267K	-	-	-	-
Total Deferred Taxes	267K	-	-	-	-
Normalized Net Income	14.22M	85.81M	139M	93.69M	51.29M
Interest on Long-Term Debt	9.6M	9.71M	147K	112K	3.99M
Supplemental Operating Expense Items
Selling and Marketing Expenses	24M	48.88M	-	-	-
General and Administrative Expenses	4.54M	6.1M	9.86M	8.43M	6.16M
Research And Development Expense From Footnotes	4.53M	6.34M	6.38M	8.95M	9.44M
Net Rental Expense, Total	-	-	3.9M	12.4M	11.9M
Imputed Operating Lease Interest Expense	-	-	2.43M	12.3M	7.97M
Imputed Operating Lease Depreciation	-	-	1.47M	96.03K	3.93M
Maintenance & Repair Expenses, Total	37.93M	43.21M	43.15M	42.28M	40.73M
Stock-Based Comp., COGS (Total)	100K	400K	-	-	-
Stock-Based Comp., Other (Total)	1.7M	3.1M	5.6M	3.28M	3.58M
Total Stock-Based Compensation	1.8M	3.5M	5.6M	3.28M	3.58M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	87.24M	69.06M	108M	71.05M	56.68M
Total Cash And Short Term Investments	87.24M	69.06M	108M	71.05M	56.68M
Accounts Receivable, Total	23.11M	66.2M	105M	127M	91.45M
Other Receivables	-	790K	4.53M	6.38M	6.41M
Total Receivables	23.11M	66.99M	109M	134M	97.86M
Inventory	63.67M	60.22M	84.17M	99.26M	113M
Prepaid Expenses	6.8M	7.75M	14.52M	19.83M	21.63M
Other Current Assets, Total	-	-	-	-	1.28M
Total Current Assets	181M	204M	316M	324M	290M
Gross Property Plant And Equipment	1.37B	1.4B	1.43B	1.49B	1.63B
Accumulated Depreciation	-405M	-447M	-497M	-549M	-611M
Net Property Plant And Equipment	962M	957M	932M	937M	1.02B
Deferred Tax Assets Long-Term	202K	-	-	-	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	1.14B	1.16B	1.25B	1.26B	1.31B
Liabilities
Accounts Payable, Total	24.35M	7.19M	7.3M	6.51M	13.48M
Accrued Expenses, Total	25.77M	25.58M	25.25M	29.3M	31.86M
Current Portion of Long-Term Debt	1.22M	73.34M	32.4M	32.37M	-
Current Portion of Leases	1.36M	1.21M	245K	264K	285K
Current Income Taxes Payable	1.63M	4.81M	8.89M	6.92M	-
Unearned Revenue Current, Total	-	-	2.74M	2.75M	2.42M
Other Current Liabilities	914K	3.22M	998K	2.12M	1.23M
Total Current Liabilities	55.24M	115M	77.83M	80.24M	49.27M
Long-Term Debt	145M	74.76M	46.18M	15.5M	77.99M
Long-Term Leases	2.03M	971K	1.54M	1.26M	971K
Other Non Current Liabilities	40.43M	39M	19.75M	20.88M	20.01M
Total Liabilities	242M	230M	145M	118M	148M
Common Stock, Total	120K	104K	104K	97K	97K
Additional Paid In Capital	546M	546M	546M	546M	546M
Retained Earnings	123M	154M	325M	368M	386M
Treasury Stock	-	-	-18K	-2.81M	-3.62M
Comprehensive Income and Other	231M	231M	233M	233M	233M
Total Common Equity	901M	931M	1.1B	1.14B	1.16B
Total Equity	901M	931M	1.1B	1.14B	1.16B
Total Liabilities And Equity	1.14B	1.16B	1.25B	1.26B	1.31B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	110M	94.92M	94.83M	89.23M	89.23M
ECS Total Common Shares Outstanding	110M	94.92M	94.83M	89.23M	89.23M
Book Value / Share	8.21	9.8	11.64	12.81	13.01
Tangible Book Value	901M	931M	1.1B	1.14B	1.16B
Tangible Book Value Per Share	8.21	9.8	11.64	12.81	13.01
Total Debt	149M	150M	80.36M	49.39M	79.25M
Net Debt	61.92M	81.22M	-27.91M	-21.66M	22.56M
Debt Equivalent Oper. Leases	-	-	31.2M	99.2M	95.2M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	32.3M	38.19M	40.52M	40.85M	42M
Inventories - Finished Goods, Total	31.37M	22.03M	43.66M	58.4M	70.8M
Machinery, Total	999M	1.02B	1.04B	1.06B	1.06B
Full Time Employees	1.5K	1.55K	1.66K	1.69K	1.76K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	16.74M	129M	206M	131M	64.89M
Depreciation & Amortization - CF	42.29M	63.14M	64.6M	65.12M	67.97M
Amortization of Goodwill and Intangible Assets - (CF)	664K	747K	744K	676K	720K
Depreciation & Amortization, Total	42.96M	63.88M	65.34M	65.8M	68.69M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	1.4M
Stock-Based Compensation (CF)	530K	3.42M	5.6M	3.28M	3.58M
Provision and Write-off of Bad Debts	-	-	1.11M	46K	177K
Other Operating Activities, Total	1.66M	8.95M	8.3M	-1.62M	-9.43M
Change In Accounts Receivable	10.54M	-44.83M	-47.63M	-29.53M	33.98M
Change In Inventories	-11.82M	3.45M	-23.95M	-15.09M	-13.54M
Change In Accounts Payable	9.96M	-15.68M	-1.68M	299K	7.98M
Change in Other Net Operating Assets	614K	89K	-3.71M	-978K	2.1M
Cash from Operations	71.17M	148M	209M	153M	160M
Capital Expenditure	-139M	-60.34M	-59.87M	-66.54M	-153M
Cash from Investing	-139M	-60.34M	-59.87M	-66.54M	-153M
Long-Term Debt Issued, Total	82.74M	20M	20M	-	131M
Total Debt Issued	82.74M	20M	20M	-	131M
Long-Term Debt Repaid, Total	-1.06M	-21.45M	-92.57M	-31.69M	-98.78M
Total Debt Repaid	-1.06M	-21.45M	-92.57M	-31.69M	-98.78M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-81.59M	-2.31M	-36.14M	-3.17M
Common Dividends Paid	-8.59M	-16.39M	-34.73M	-56.61M	-48.12M
Common & Preferred Stock Dividends Paid	-8.59M	-16.39M	-34.73M	-56.61M	-48.12M
Other Financing Activities, Total	-317K	-1.54M	-122K	572K	-2.91M
Cash from Financing	72.77M	-101M	-110M	-124M	-21.6M
Foreign Exchange Rate Adjustments	1.48M	-4.68M	-607K	-	-
Net Change in Cash	6.07M	-18.19M	39.21M	-37.22M	-14.36M
Supplemental Items
Cash Interest Paid	7.47M	7.15M	6.92M	7.32M	5.22M
Cash Income Tax Paid (Refund)	8.5M	6.28M	10.46M	21.12M	25.38M
Levered Free Cash Flow	-68.57M	42.87M	82.06M	51.74M	-6.27M
Unlevered Free Cash Flow	-62.57M	48.94M	87.67M	56.77M	-4.3M
Change In Net Working Capital	-10.94M	53.25M	68.84M	42.29M	-20.71M
Net Debt Issued / Repaid	81.68M	-1.45M	-72.57M	-31.69M	32.59M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.94	8.26	12.07	7.69	4.3
Return on Total Capital	2.1	8.93	12.84	8.12	4.55
Return On Equity %	1.87	14.04	20.26	11.66	5.63
Return on Common Equity	1.87	14.04	20.26	11.66	5.63
Margin Analysis
Gross Profit Margin %	26.52	46.27	46.25	35.67	23
SG&A Margin	11.71	12.06	1.87	1.84	1.49
EBITDA Margin %	31.05	47.16	56.47	47.99	37.83
EBITA Margin %	14.11	33.55	44.38	33.83	21.51
EBIT Margin %	13.84	33.39	44.24	33.69	21.34
Income From Continuing Operations Margin %	6.87	28.19	39.17	28.57	15.65
Net Income Margin %	6.87	28.19	39.17	28.57	15.65
Net Avail. For Common Margin %	6.87	28.19	39.17	28.57	15.65
Normalized Net Income Margin	5.83	18.82	26.39	20.44	12.37
Levered Free Cash Flow Margin	-28.13	9.4	15.6	11.29	-1.51
Unlevered Free Cash Flow Margin	-25.67	10.73	16.67	12.38	-1.04
Asset Turnover
Asset Turnover	0.22	0.4	0.44	0.37	0.32
Fixed Assets Turnover	0.27	0.48	0.56	0.49	0.42
Receivables Turnover (Average Receivables)	8.81	10.21	6.15	3.95	3.79
Inventory Turnover (Average Inventory)	3.1	3.95	3.92	3.22	3.01
Short Term Liquidity
Current Ratio	3.27	1.77	4.07	4.04	5.89
Quick Ratio	2	1.18	2.8	2.55	3.14
Operating Cash Flow to Current Liabilities	1.29	1.28	2.69	1.91	3.24
Days Sales Outstanding (Average Receivables)	41.56	35.75	59.39	92.51	96.58
Days Outstanding Inventory (Average Inventory)	118.03	92.29	93.21	113.5	121.51
Average Days Payable Outstanding	38.71	23.83	8.62	8.13	10.99
Cash Conversion Cycle (Average Days)	120.88	104.21	143.98	197.88	207.1
Long Term Solvency
Total Debt/Equity	16.56	16.15	7.28	4.32	6.83
Total Debt / Total Capital	14.21	13.9	6.79	4.14	6.39
LT Debt/Equity	16.28	8.14	4.32	1.47	6.8
Long-Term Debt / Total Capital	13.96	7.01	4.03	1.4	6.37
Total Liabilities / Total Assets	21.2	19.82	11.63	9.35	11.32
EBIT / Interest Expense	3.51	15.67	25.92	19.19	16.43
EBITDA / Interest Expense	7.99	22.25	33.2	27.37	29.18
(EBITDA - Capex) / Interest Expense	-6.53	16.04	26.53	19.1	0.85
Total Debt / EBITDA	1.95	0.7	0.27	0.22	0.5
Net Debt / EBITDA	0.81	0.38	-0.09	-0.1	0.14
Total Debt / (EBITDA - Capex)	-2.38	0.96	0.34	0.32	17.25
Net Debt / (EBITDA - Capex)	-0.99	0.52	-0.12	-0.14	4.91
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-10.04	87.06	15.36	-12.84	-9.54
Gross Profit, 1 Yr. Growth %	-30.12	226.34	51.18	-32.78	-41.68
EBITDA, 1 Yr. Growth %	-17.29	184.44	39.34	-25.93	-28.68
EBITA, 1 Yr. Growth %	-41.93	344.8	54.48	-33.55	-42.49
EBIT, 1 Yr. Growth %	-42.6	351.34	54.75	-33.62	-42.7
Earnings From Cont. Operations, 1 Yr. Growth %	-62.64	667.82	60.31	-36.43	-50.46
Net Income, 1 Yr. Growth %	-62.64	667.82	60.31	-36.43	-50.46
Normalized Net Income, 1 Yr. Growth %	-55.83	503.39	61.77	-32.51	-45.25
Diluted EPS Before Extra, 1 Yr. Growth %	-62.5	673.33	82.76	-35.38	-48.18
Accounts Receivable, 1 Yr. Growth %	-28.32	186.45	58.56	21.41	-28.24
Inventory, 1 Yr. Growth %	22.81	-5.42	39.77	17.92	13.64
Net Property, Plant and Equip., 1 Yr. Growth %	12.87	-0.52	-2.54	0.52	8.73
Total Assets, 1 Yr. Growth %	11.3	1.57	7.59	0.99	3.82
Tangible Book Value, 1 Yr. Growth %	0.97	3.35	18.58	3.6	1.56
Common Equity, 1 Yr. Growth %	0.97	3.35	18.58	3.6	1.56
Cash From Operations, 1 Yr. Growth %	-6.81	108.62	41.68	-26.8	4.33
Capital Expenditures, 1 Yr. Growth %	115.21	-56.7	-0.79	11.15	129.32
Levered Free Cash Flow, 1 Yr. Growth %	-2.01K	-162.51	97.18	-36.94	-112.11
Unlevered Free Cash Flow, 1 Yr. Growth %	-996.71	-178.21	83.84	-35.24	-107.57
Dividend Per Share, 1 Yr. Growth %	22.25	227.1	66.03	3.19	-42.9
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-3.58	29.72	46.9	0.28	-11.2
Gross Profit, 2 Yr. CAGR %	-17.05	51.01	94	0.81	-37.39
EBITDA, 2 Yr. CAGR %	-9.97	53.3	98.21	1.59	-27.32
EBITA, 2 Yr. CAGR %	-26.08	60.72	160.52	1.32	-38.18
EBIT, 2 Yr. CAGR %	-26.52	60.95	162.65	1.35	-38.33
Earnings From Cont. Operations, 2 Yr. CAGR %	-42.64	69.37	250.84	0.95	-43.88
Net Income, 2 Yr. CAGR %	-42.64	69.37	250.84	0.95	-43.88
Normalized Net Income, 2 Yr. CAGR %	-36.32	63.26	212.43	4.49	-39.21
Diluted EPS Before Extra, 2 Yr. CAGR %	-42.9	70.29	275.94	8.68	-42.13
Accounts Receivable, 2 Yr. CAGR %	15.15	43.29	113.11	38.74	-6.66
Inventory, 2 Yr. CAGR %	8.71	7.77	14.98	28.38	15.76
Net Property, Plant and Equip., 2 Yr. CAGR %	9.23	5.96	-1.54	-1.02	4.55
Total Assets, 2 Yr. CAGR %	8.02	6.33	4.54	4.24	2.39
Tangible Book Value, 2 Yr. CAGR %	3.02	2.15	10.7	10.84	2.57
Common Equity, 2 Yr. CAGR %	3.02	2.15	10.7	10.84	2.57
Cash From Operations, 2 Yr. CAGR %	-9.53	39.12	71.92	1.81	-12.61
Capital Expenditures, 2 Yr. CAGR %	87.21	-3.46	-34.45	5.01	59.65
Levered Free Cash Flow, 2 Yr. CAGR %	57.07	245.2	9.39	11.51	-72.36
Unlevered Free Cash Flow, 2 Yr. CAGR %	41.02	164.82	18.37	9.11	-77.86
Dividend Per Share, 2 Yr. CAGR %	-	99.97	133.05	30.89	-23.24
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.38	20.25	24.75	23.44	-3.11
Gross Profit, 3 Yr. CAGR %	7.75	30.95	38.03	36.26	-16
EBITDA, 3 Yr. CAGR %	5.62	32.05	48.06	42.77	-9.71
EBITA, 3 Yr. CAGR %	2.19	34.46	57.96	65.22	-16.11
EBIT, 3 Yr. CAGR %	2.03	34.57	58.21	66.06	-16.2
Earnings From Cont. Operations, 3 Yr. CAGR %	-4.75	36.2	66.29	98.53	-20.37
Net Income, 3 Yr. CAGR %	-4.75	36.2	66.29	98.53	-20.37
Normalized Net Income, 3 Yr. CAGR %	0.8	34.76	62.76	87.47	-15.76
Diluted EPS Before Extra, 3 Yr. CAGR %	-5.32	36.11	74.35	109.03	-15.1
Accounts Receivable, 3 Yr. CAGR %	2.85	56.03	48.21	76.67	11.37
Inventory, 3 Yr. CAGR %	6.5	3.78	17.53	15.95	23.27
Net Property, Plant and Equip., 3 Yr. CAGR %	6.61	5.88	3.05	-0.86	2.13
Total Assets, 3 Yr. CAGR %	6.55	5.83	6.75	3.34	4.1
Tangible Book Value, 3 Yr. CAGR %	4.19	3.13	7.36	8.28	7.65
Common Equity, 3 Yr. CAGR %	4.19	3.13	7.36	8.28	7.65
Cash From Operations, 3 Yr. CAGR %	21.84	19.34	39.97	29.31	2.64
Capital Expenditures, 3 Yr. CAGR %	70.62	14.92	-2.58	-21.84	36.24
Levered Free Cash Flow, 3 Yr. CAGR %	92.68	15.54	183.61	-8.96	-46.8
Unlevered Free Cash Flow, 3 Yr. CAGR %	66.59	15.86	132.47	-3.19	-55.16
Dividend Per Share, 3 Yr. CAGR %	-	-	87.95	77.62	-0.73
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.32	26.37	20.35	11.82	8.89
Gross Profit, 5 Yr. CAGR %	18.59	142.36	36.32	11.73	0.61
EBITDA, 5 Yr. CAGR %	49.54	93.17	35.83	18.7	11.39
EBITA, 5 Yr. CAGR %	-5.63	46.57	48.59	19.77	8.54
EBIT, 5 Yr. CAGR %	-5.99	46.42	48.94	19.85	8.53
Earnings From Cont. Operations, 5 Yr. CAGR %	-22.69	53.21	60.46	20.82	7.69
Net Income, 5 Yr. CAGR %	-22.69	53.21	60.46	20.82	7.69
Normalized Net Income, 5 Yr. CAGR %	-17.62	21.36	58.48	21.72	9.76
Diluted EPS Before Extra, 5 Yr. CAGR %	-49.03	32.88	64.36	24.39	12.16
Accounts Receivable, 5 Yr. CAGR %	6.06	28.27	37.64	48.87	23.18
Inventory, 5 Yr. CAGR %	6.61	4.75	9.81	13	16.82
Net Property, Plant and Equip., 5 Yr. CAGR %	2.87	3.8	3.27	3.06	3.65
Total Assets, 5 Yr. CAGR %	4.48	4.61	5.74	5.19	4.98
Tangible Book Value, 5 Yr. CAGR %	12.33	3.71	6.75	6.15	5.42
Common Equity, 5 Yr. CAGR %	12.33	3.71	6.75	6.15	5.42
Cash From Operations, 5 Yr. CAGR %	88.9	91.93	39.71	11.99	15.92
Capital Expenditures, 5 Yr. CAGR %	90.43	55.22	16.37	10.85	18.7
Levered Free Cash Flow, 5 Yr. CAGR %	162.49	9.62	53.64	13.24	11.74
Unlevered Free Cash Flow, 5 Yr. CAGR %	24.31	32.25	45.31	12.53	-9.24
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	31.36