IEIvanhoe Electric Inc.
Metal Mining
- Revenue
- $3M
- 12% YoY
- Operating margin
- -3501.0%
- 43% YoY
- EBITDA
- −$111M
- 37% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired359% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $5M | $8M | $4M | $3M | $3M | 12% |
| Operating income | −$61M | −$132M | −$180M | −$177M | −$114M | 36% |
| Net income | — | — | −$199M | −$129M | −$106M | 18% |
| Operating cash flow | −$48M | −$116M | −$151M | −$162M | −$89M | 45% |
| Capex | $4M | $9M | $2M | $3M | $1M | 59% |
| Stock-based comp | $4M | $5M | $21M | $15M | $12M | 22% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $258K · 2
- Net
- −$258K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 184 | 191 |
| FY2024 | — | — | 87 | 100 |
| FY2023 | — | — | 116 | 116 |
| FY2022 | — | — | 140 | 112 |