Newmont (NEM) 10-K Summary — Year Ended Dec 31, 2023
The company's annual revenue decreased slightly, resulting in a net loss, while operating cash flow remained positive. The filing details the business, risks, and capital allocation themes.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
The company's annual revenue decreased slightly, resulting in a net loss, while operating cash flow remained positive. The filing details the business, risks, and capital allocation themes.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$11.8B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
-$2.5B
Net income reported for the year.
Operating cash flow
$2.8B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $12.2B | n/a |
| Dec 31, 2022 | $11.9B | -2.5% |
| Dec 31, 2023 | $11.8B | -0.9% |
Business overview
The filing's business overview discusses segment information, products, competition, licenses, and physical assets, as well as environmental and social governance. The company's operations are described in the context of these areas.
Financial performance
Revenue declined over the latest year, leading to a net loss. Operating cash flow was positive, indicating cash generation from operations.
Material risks
The filing identifies risk factors that could affect the company's operations and financial results. These include uncertainties related to the business environment, as described in the risk factors section.
Liquidity and capital
The filing discusses liquidity and capital resources, including the company's ability to fund operations and investments. No specific allocation themes are provided beyond the general discussion.
What to watch
Readers should monitor the net income figure in the next filing, as it turned negative in the reported period.