Seabridge Gold, Inc. Common Shares New: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

Income statement

Metric	31/12/2025	31/12/2024	31/12/2023
Pre-tax income	−65M	−20M	−38M
Income tax	−12M	11M	−9M
Net income	−53M	−31M	−29M
Earnings per share	−0.53	−0.35	−0.35
Earnings per share, diluted	−0.53	−0.35	−0.35
Weighted average shares	101M	89M	83M

Metric	18/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Cash and equivalents	—	118M	50M	82M	46M
Current assets	—	214M	58M	94M	—
Total assets	—	1.77B

Metric	31/12/2025	31/12/2024	31/12/2023
Operating cash flow	−15M	−14M	−22M
Share-based compensation	5M	4M	3M
Capital expenditure	137M	106M	230M
Investing cash flow	−188M	−121M	−203M
Financing cash flow

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator