Sprott Physical Gold Trust
PHYS · NYSECommodity Contracts Brokers & Dealers
Net income was $5.9B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross profit | −$178M | −$60M | $749M | $1.8B | $6B |
| Net income | −$198M | −$82M | $724M | $1.7B | $5.9B |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $7M | $294,000 | $25M | $9M | $27M |
| Total assets | $5B | $5.7B | $6.5B | $8.6B | $16B |
| Payables | $40,000 | $144,000 | $126,000 | $3M | $3M |
| Total liabilities | $40,000 | $144,000 | $126,000 | $3M | $3M |
| Shareholders' equity | $5B | $5.7B | $6.5B | $8.6B | $16B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | −$20M | −$23M | −$25M | −$27M | −$48M |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Return on equityBlank when equity is negative | −4.0% | −1.4% | 11.1% | 20.1% | 37.2% |
| Cash conversion (CFO ÷ net income) | 0.10x | 0.28x | −0.03x | −0.02x | −0.01x |
Recent filings
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.