ASA Gold and Precious Metals Limited (ASA) Income Statement
ASA FY2025 at a glance
Fiscal year ended November 30, 2025 · U.S. dollarsASA revenue and net income
Where ASA's revenue goes
FY2025Each bar shows an amount and its share of revenue. ASA kept 448.2% of revenue as net income.
ASA profit margins
ASA growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +119.6% | — | −3.8% | +43.0% |
| Gross profit | +123.4% | — | −4.5% | +46.8% |
| Operating income | +481.9% | — | +30.3% | — |
| Net income | +476.0% | — | +30.1% | — |
| EPS (diluted) | +2,675.6% | — | +26.8% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ASA quarterly EPS vs estimates
ASA Gold and Precious Metals beat the analyst EPS estimate in 3 of the last 3 quarters.
ASA income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $148.2M | $67.5M | $11.4M | $0 | $19.3M | $179.7M | $93.7M | $0 | $0 | $0 |
| Cost of revenue | $5.1M | $3.4M | $3.1M | $3.6M | $156,870 | $45,420 | $753,460 | $1.1M | $1.0M | $1.1M |
| Gross profit | $143.1M | $64.0M | $8.2M | −$154.8M | $19.3M | $179.7M | $93.7M | −$45.8M | −$6.6M | −$15.2M |
| Research & development | — | — | $1 | $5 | $1 | $5 | $593,622 | $859,878 | $0 | $6 |
| Sales, general & admin | $6.1M | $1.1M | $1.1M | $1.1M | $1.0M | $1.1M | $2.2M | $3.0M | $3.0M | $3.2M |
| Total operating expenses | −$528.4M | −$51.4M | −$1.3M | $1.2M | $999,290 | $1.2M | $2.3M | $3.0M | −$8.1M | −$101.3M |
| Operating income | $671.5M | $115.4M | $9.5M | −$155.9M | $18.3M | $178.4M | $91.4M | −$48.8M | $1.5M | $86.0M |
| Interest income | $986,207 | $189,201 | $97,114 | — | $20.0M | $181.0M | $92.5M | $47.4M | $3.4M | $85.3M |
| Interest expense | — | $39,300 | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Income before taxes | $664.1M | $115.3M | $9.7M | −$155.9M | $18.3M | $178.4M | $91.4M | −$48.8M | $1.7M | $83.3M |
| Income taxes | — | — | $9.7M | −$155.9M | $18.3M | −$1.5M | −$2.3M | −$161,141 | $1.5M | $86.0M |
| Net income | $664.1M | $115.3M | $9.7M | −$155.9M | $18.3M | $178.4M | $91.4M | −$48.8M | $1.7M | $83.3M |
| EBITDA | $664.1M | $115.3M | $9.7M | −$155.9M | $18.3M | $178.4M | $91.4M | −$48.8M | $1.7M | $83.3M |
| EPS (diluted) | $35.25 | $1.27 | $0.50 | −$8.08 | $6.85 | $10.75 | $4.33 | −$2.21 | −$1.68 | $3.62 |
| Gross margin | 96.6% | 94.9% | 72.6% | — | 100.0% | 100.0% | 100.0% | — | — | — |
| Operating margin | 453.2% | 171.0% | 84.0% | — | 94.8% | 99.3% | 97.6% | — | — | — |
| Net margin | 448.2% | 170.9% | 85.6% | — | 94.8% | 99.3% | 97.6% | — | — | — |
| May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | Aug '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $126.7M | $2.9M | $134.0M | $525,632 | $14.2M | $2.0M | $67.4M | $467,084 | $38,320 | $559,405 | $6.7M | $829,756 |
| Cost of revenue | $4.8M | $0 | $3.0M | $0 | $2.1M | $0 | $1.8M | $0 | $1.7M | $0 | $1.5M | $8.4M |
| Gross profit | $121.9M | $2.9M | $130.9M | $525,632 | $12.2M | $2.0M | $65.7M | $467,084 | −$1.6M | $559,405 | $5.1M | −$7.6M |
| Sales, general & admin | — | $2.6M | $2.3M | $3.5M | $5.3M | $1.1M | $1.0M | $1.3M | $2.6M | $1.4M | $842,508 | $237,802 |
| Total operating expenses | −$166.2M | $2.6M | −$313.4M | $3.5M | −$215.1M | $1.1M | $24.7M | $1.3M | −$76.1M | $1.4M | $17.1M | $237,346 |
| Operating income | $288.1M | $249,306 | $444.3M | −$3.0M | $227.2M | $918,763 | $40.9M | −$813,320 | $74.5M | −$827,277 | −$12.0M | −$10,285 |
| Interest income | — | — | — | — | — | — | — | — | — | — | — | $28,022 |
| Interest expense | — | — | — | — | — | — | $39,300 | — | — | — | — | — |
| Income before taxes | $287.3M | $143.7M | $441.1M | $128.4M | $223.0M | $81.7M | $40.9M | $16.7M | $74.4M | −$23.8M | −$11.8M | −$7.8M |
| Income taxes | — | — | — | — | — | — | — | — | −$23.8M | — | −$1 | −$7.8M |
| Net income | $287.3M | $143.7M | $441.1M | $128.4M | $223.0M | $81.7M | $40.9M | $16.7M | $74.4M | −$23.8M | −$11.8M | −$7.8M |
| EBITDA | $287.3M | — | $441.1M | — | $223.0M | $918,763 | $40.9M | $1.7M | $74.4M | −$515,000 | −$11.8M | −$7.8M |
| EPS (diluted) | — | — | $16.64 | $6.81 | $7.48 | $4.32 | $1.27 | — | — | — | — | — |
| Gross margin | 96.2% | 100.0% | 97.7% | 100.0% | 85.5% | 100.0% | 97.4% | 100.0% | −4,271.0% | 100.0% | 77.2% | −915.9% |
| Operating margin | 227.4% | 8.6% | 331.7% | −562.4% | 1,599.2% | 46.5% | 60.7% | −174.1% | 194,302.7% | −147.9% | −179.4% | −1.2% |
| Net margin | 226.8% | 4,980.0% | 329.3% | 24,437.1% | 1,569.2% | 4,133.5% | 60.6% | 3,584.6% | 194,245.0% | −4,249.0% | −177.5% | −944.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ASA's financial statements (latest annual report filed November 30, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ASA financial results
In fiscal year 2025 (ended November 30, 2025), ASA Gold and Precious Metals reported revenue of $148.2 million, up 119.6% from the year before. It had net income of $664.1 million (up 476.0%), a net profit margin of 448.2%. Diluted earnings per share came to $35.25. Over five years revenue grew at an average rate of −3.8% a year.
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ASA income statement FAQ
What is ASA Gold and Precious Metals's annual revenue?
ASA Gold and Precious Metals reported total revenue of $148.2 million for fiscal year 2025, which ended on November 30, 2025. That was up 119.6% from $67.5 million the previous year.
Is ASA Gold and Precious Metals profitable?
Yes. ASA Gold and Precious Metals reported net income of $664.1 million in fiscal 2025, a net profit margin of 448.2%; its operating margin was 453.2%.
What is ASA Gold and Precious Metals's gross margin?
ASA Gold and Precious Metals's gross margin was 96.6% in fiscal 2025: for every $100 of revenue, ASA Gold and Precious Metals kept $97 after the direct cost of its products and services.
How fast is ASA Gold and Precious Metals growing?
Revenue grew −3.8% a year on average over the last five fiscal years, from $179.7 million to $148.2 million.
What are ASA Gold and Precious Metals's earnings per share?
ASA Gold and Precious Metals earned $35.25 per diluted share in fiscal 2025, compared with $1.27 a year earlier.
When does ASA Gold and Precious Metals's fiscal year end?
ASA Gold and Precious Metals's fiscal year ends in November. The latest annual report covers the year ended November 30, 2025 and was filed on November 30, 2025.