Americas Silver Corp
AMEX: USAS · BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING
Updated 2026-06-12
Americas Silver Corp (USAS) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $9565.00 | $-1.38M | — | -23,559.06% | -14,386.05% |
| 2007 | $688613.00 | $-7.36M | 100.00% | 1,014.71% | -1,069.08% |
| 2008 | $200857.00 | $-74.53M | 100.00% | -1,814.61% | -37,104.43% |
| 2009 | $18.54M | $12.92M | 37.78% | 18.11% | 69.69% |
| 2010 | $34.23M | $32.60M | 26.65% | 10.47% | 95.22% |
| 2011 | $59.81M | $12.32M | 54.42% | 41.87% | 20.60% |
| 2012 | $46.04M | $7.13M | 33.19% | 21.86% | 15.48% |
| 2013 | $29.22M | $-8.92M | 19.42% | 10.22% | -30.52% |
| 2014 | $31.48M | $-78.69M | -17.99% | 35.07% | -249.99% |
| 2015 | $53.45M | $-19.39M | -14.23% | -16.12% | -36.27% |
| 2016 | $58.87M | $-5.21M | 9.06% | 4.58% | -8.85% |
| 2017 | $54.28M | $-3.47M | 13.88% | -5.03% | -6.39% |
| 2018 | $68.35M | $-10.68M | 8.29% | -8.82% | -15.62% |
| 2019 | $58.41M | $-32.65M | 2.14% | -18.86% | -55.90% |
| 2020 | $27.88M | $-25.15M | -33.36% | -82.76% | -90.21% |
| 2021 | $45.05M | $-157.67M | -123.28% | -183.38% | -349.99% |
| 2022 | $85.02M | $-43.10M | -9.90% | -31.18% | -50.70% |
| 2023 | $95.16M | $-34.96M | -6.67% | -23.97% | -36.74% |
| 2024 | $100.19M | $-44.95M | -6.63% | -26.19% | -44.86% |
| 2025 | $117.93M | $-87.45M | 10.04% | -21.97% | -74.15% |
Frequently asked questions
What is Americas Silver Corp's revenue?
Americas Silver Corp's trailing twelve-month revenue is $162.19M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is USAS?
In its most recent fiscal year, USAS ran a gross margin of 10.04%, an operating margin of -21.97%, and a net margin of -74.15%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does USAS generate?
USAS produced $-73.19M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is USAS's balance sheet healthy?
USAS holds $129.78M in cash and equivalents against $45.71M in long-term debt, on $221.62M of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.