Itafos Inc. (IFOS) Financings
TSXV: IFOS · Phosphate · Production stage
- Market cap$381.1M
- Share price$2.04
- 52-week range$1.94 – $4.67
- Shares outstanding186,814,842
- ExchangeTSXV
- Websitewww.itafos.com
The Company is a phosphate and specialty fertilizer company with businesses and projects spanning three continents: Conda - a vertically integrated phosphate fertilizer business located in Idaho, US with production capacity as follows: - approximately 550kt per year of MAP, MAP with micronutrients ('MAP+'), superphosphoric acid ('SPA'), and merchant grade phosphoric acid ('MGA'); and - approximately 27kt per year of hydrofluorosilicic acid ('HFSA'); Arraias - a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with the following production targets (following the proposed restart of the beneficiation circuit): - approximately 275kt per year of SSP, PAPR and DAPR; - approximately 170kt per year of SSP, 60kt per year of PAPR and 45kt per year of DAPR; - approximately 40kt per year of excess sulfuric acid (220kt per year gross sulfuric acid production capacity); Farim - a high-grade phosphate mine project located in Farim, Guinea-Bissau; and Santana - a...
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Itafos Inc. financial statements
Key figures read from 40 of 40 financial statement filings, Nov 11, 2016 to Aug 5, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$70,489 | US$74,372 | US$30,753 | US$42,811 | US$31,565 |
| Total current assets | US$321,111 | US$256,701 | US$198,993 | US$198,401 | US$195,130 |
| Total current liabilities | US$124,879 | US$80,904 | US$106,616 | US$97,077 | US$121,836 |
| Working capital | US$196,232 | US$175,797 | US$92,377 | US$101,324 | US$73,294 |
| Exploration and evaluation assets | US$205,573 | US$190,475 | US$161,626 | US$116,736 | US$120,746 |
| Property, plant and equipment | US$295,639 | US$238,879 | US$209,995 | US$294,040 | US$313,073 |
| Total assets | US$838,038 | US$695,862 | US$587,229 | US$614,009 | US$633,853 |
| Debt | US$88,461 | US$97,967 | US$90,568 | US$128,124 | US$239,848 |
| Total liabilities | US$403,003 | US$348,033 | US$328,495 | US$360,891 | US$499,248 |
| Shareholders' equity | US$435,035 | US$347,829 | US$258,734 | US$253,118 | US$134,605 |
Income statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Revenue | US$557,973 | US$491,240 | US$465,525 | US$593,288 | US$413,247 |
| Cost of sales | US$413,733 | US$342,446 | US$346,963 | US$378,411 | US$276,372 |
| General and administrative | US$33,607 | US$28,332 | US$27,996 | US$29,493 | US$25,896 |
| Impairments and write-downs | — | US$0 | US$66,000 | — | US$0 |
| Net income (loss) | US$116,131 | US$87,791 | US$3,092 | US$114,700 | US$51,439 |
Cash flow statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | US$88,100 | US$120,048 | US$94,723 | US$208,369 | US$94,499 |
| Investing cash flow | (US$36,895) | (US$65,205) | (US$53,329) | (US$39,003) | (US$34,076) |
| Financing cash flow | (US$55,928) | (US$9,368) | (US$54,232) | (US$158,324) | (US$38,433) |
| Exploration spending (capitalized) | (US$78,138) | (US$67,480) | (US$54,764) | (US$39,003) | (US$34,076) |
| Change in cash | (US$3,883) | US$43,619 | (US$12,058) | US$11,246 | US$22,026 |
| Cash at end of period | US$70,489 | US$74,372 | US$30,753 | US$42,811 | US$31,565 |
No financings are on record for Itafos Inc. yet.
Itafos Inc. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Itafos Inc. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2026-09-29 | Credit facility, amended | Royal Bank of Canada (RBC) | US$100M | matures 2029-09-29 |
| 2022-09-22 | Credit facility, amended | JPMorgan Chase Bank | US$85M | 5.25%, matures 2025-09-22 |
| 2021-08-25 | Credit facility, repaid / settled | — | C$205M | 8.25% |
| 2018-06-06 | Loan, closed / funded | — | US$89.96M | 10%, matures 2018-03-30 |
| 2018-05-22 | Loan, signed | — | US$165M | 10% |
| 2017-12-15 | Loan, repaid / settled | — | US$7.52M | 15%, matures 2018-01-31 |
| 2014-08-26 | Loan, amended | Banco Santander Brasil S.A | US$18.2M | — |
| 2011-10-28 | Loan, closed / funded | Itaú BBA S.A | C$111M | — |
| 2011-10-14 | Credit facility, proposed | — | US$40M | — |
| 2011-01-31 | Credit facility, proposed | — | US$110M | — |