SII (Sprott Inc.) Stock Financials & Earnings | Market Cap Arena

SII (Sprott Inc.) Stock Financials & Earnings | Market Cap Arena

SIISprott Inc.

Mkt Cap$4B

Financial Services·Asset Management·🇨🇦 Canada·NYSE

Revenue (TTM)$199M

Net Income (TTM)$50M

EPS (TTM)$2.14

Free Cash Flow (TTM)$71M

Gross Margin37.1%

Op. Margin26.6%

Net Margin25.3%

FCF Margin35.7%

P/S Ratio (TTM)21.9x

P/E Ratio (TTM)86.6x

YoY Rev Growth+18.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 22	$36M	$17M	$12M
Q1 23	$38M	$16M	$11M
Q2 23	$37M	$14M	$7M
Q3 23	$35M	$17M	$11M
Q4 23	$38M	$18M	$14M
Q1 24	$39M	$19M	$14M
Q2 24	$46M	$23M	$18M
Q3 24	$45M	$24M	$19M
Q4 24	$37M	$15M	$9M
Q1 25	$42M	$20M	$15M
Q2 25	$62M	$25M	$19M
Q3 25	$58M	$15M	$10M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q4 22	28.2x	247.0x
Q1 23	29.3x	231.7x
Q2 23	29.6x	121.8x
Q3 23	29.8x	110.3x
Q4 23	29.5x	104.2x
Q1 24	29.2x	95.3x
Q2 24	27.4x	105.3x
Q3 24	25.8x	92.1x
Q4 24	25.9x	88.3x
Q1 25	25.5x	87.6x
Q2 25	23.4x	87.4x
Q3 25	21.9x	86.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$14M	$14M
Q1 23	$11M	$11M
Q2 23	$7M	$7M
Q3 23	-$357K	-$517K
Q4 23	$12M	$11M
Q1 24	$12M	$11M
Q2 24	$9M	$9M
Q3 24	$21M	$21M
Q4 24	$27M	$27M
Q1 25	$14M	$14M
Q2 25	$22M	$22M
Q3 25	$10M	$9M

Capital Expenditures

CapEx

Quarter	CapEx
Q4 22	$19K
Q1 23	$380K
Q2 23	$493K
Q3 23	$160K
Q4 23	$502K
Q1 24	$741K
Q2 24	$375K
Q3 24	$342K
Q4 24	$410K
Q1 25	$592K
Q2 25	$530K
Q3 25	$407K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	-23.2%	-22.5%
Q1 23	-13.4%	-13.3%
Q2 23	-3.5%	+10.0%
Q3 23	-2.1%	-4.4%
Q4 23	+4.0%	+0.9%
Q1 24	+4.2%	-5.6%
Q2 24	+25.8%	-1.7%
Q3 24	+27.4%	+6.7%
Q4 24	-0.6%	+17.9%
Q1 25	+5.6%	+6.1%
Q2 25	+33.9%	+47.8%
Q3 25	+28.2%	+84.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$0	0.0%
Q1 23	$4M	11.2%
Q2 23	$8M	20.6%
Q3 23	$4M	12.2%
Q4 23	$4M	11.4%
Q1 24	$4M	11.1%
Q2 24	$4M	8.5%
Q3 24	$5M	10.2%
Q4 24	$5M	12.5%
Q1 25	$18K	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	SG&A
Q4 22	—	$4M
Q1 23	$4M	—
Q2 23	$5M	—
Q3 23	$5M	—
Q4 23	—	$4M
Q1 24	—	$4M
Q2 24	$5M	—
Q3 24	$5M	—
Q4 24	—	$5M
Q1 25	—	$4M
Q2 25	$5M	—
Q3 25	—	$4M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$52M	$3M	$55M
Q1 23	$47M	$3M	$50M
Q2 23	$20M	$2M	$22M
Q3 23	$24M	$2M	$26M
Q4 23	$21M	$2M	$23M
Q1 24	$24M	$2M	$26M
Q2 24	$30M	$2M	$32M
Q3 24	$44M	$2M	$45M
Q4 24	$47M	$225K	$47M
Q1 25	$56M	$241K	$56M
Q2 25	$75M	$305K	$75M
Q3 25	$80M	$446K	$80M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q4 22	26M	-0.5%
Q1 23	26M	+0.3%
Q2 23	26M	-0.1%
Q3 23	26M	-0.2%
Q4 23	26M	-0.2%
Q1 24	26M	-0.3%
Q2 24	19M	-26.9%
Q3 24	26M	+36.9%
Q4 24	18M	-30.7%
Q1 25	26M	+43.2%
Q2 25	19M	-26.6%
Q3 25	19M	-2.3%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 19	—	—
FY 20	$57M	2
FY 21	$82M	2
FY 22	$77M	2
FY 23	$71M	2
FY 24	$84M	2