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BTG

B2gold·AMEX
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BTG fundamentals

B2gold (BTG) released its earnings on Nov 6, 2025: revenue was 782.95M (YoY +74.68%), missed estimates; EPS was 0.14 (YoY +600.00%), beat estimates.
Revenue / YoY
782.95M
+74.68%
EPS / YoY
0.14
+600.00%
Report date
Nov 6, 2025
BTG Earnings Call Summary for Q3,2025
  • Goose Mine Milestone: Commercial production achieved in Q3, with 2026+ production targets of 250,000+ oz annually despite Q3 2025 guidance revision to 50,000-80,000 oz.
  • Financial Strength: $367M cash balance, $171M operating cash flow, and $0.14 adjusted EPS reflect strong gold pricing and operational efficiency.
  • Strategic Projects: Antelope Underground approval with $105M cost reduction, Fekola Underground exceeding expectations, and Goose Mine permanent modifications to resolve throughput issues by 2026.
  • Political Resilience: Mali operations unaffected by political instability, with strong government support and international collaboration.
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Revenue

Revenue & Expenses

BTG has released its 2025 Q3 earnings report, with revenue of 782.95M, reflecting a YoY change of 74.68%, and net profit of 23.12M, showing a YoY change of 103.66%. The Sankey diagram below clearly presents BTG's revenue sources and cost distribution.

Key Indicators

B2gold (BTG) key financial stats and ratios, covering profitability, financial health, and leverage.
B2gold (BTG)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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B2gold (BTG)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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B2gold (BTG)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does B2gold (BTG) generate its revenue? Explore its key revenue streams and top earning regions.
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Track B2gold (BTG) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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