vs

Side-by-side financial comparison of Galiano Gold Inc. (GAU) and Safehold Inc. (SAFE). Click either name above to swap in a different company.

Galiano Gold Inc. is the larger business by last-quarter revenue ($166.8M vs $97.9M, roughly 1.7× Safehold Inc.). Over the past eight quarters, Safehold Inc.'s revenue compounded faster (2.5% CAGR vs 1.3%).

Galiano Gold Inc. is a Canada-based mineral exploration and production firm focused on gold assets. Its core operation is the Asanko Gold Mine in Ghana, West Africa. It extracts, processes and sells gold products to global precious metals markets, catering to both industrial clients and investment sector purchasers.

SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.

GAU vs SAFE — Head-to-Head

Bigger by revenue
GAU
GAU
1.7× larger
GAU
$166.8M
$97.9M
SAFE
Faster 2-yr revenue CAGR
SAFE
SAFE
Annualised
SAFE
2.5%
1.3%
GAU

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GAU
GAU
SAFE
SAFE
Revenue
$166.8M
$97.9M
Net Profit
$27.9M
Gross Margin
98.6%
Operating Margin
24.3%
27.4%
Net Margin
28.5%
Revenue YoY
6.5%
Net Profit YoY
7.1%
EPS (diluted)
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GAU
GAU
SAFE
SAFE
Q4 25
$97.9M
Q3 25
$166.8M
$96.2M
Q2 25
$95.7M
$93.8M
Q1 25
$31.7M
$97.7M
Q4 24
$91.9M
Q3 24
$71.1M
$90.7M
Q2 24
$64.0M
$89.9M
Q1 24
$31.7M
$93.2M
Net Profit
GAU
GAU
SAFE
SAFE
Q4 25
$27.9M
Q3 25
$29.3M
Q2 25
$4.1M
$27.9M
Q1 25
$-3.2M
$29.4M
Q4 24
$26.0M
Q3 24
$1.1M
$19.3M
Q2 24
$8.8M
$29.7M
Q1 24
$30.7M
Gross Margin
GAU
GAU
SAFE
SAFE
Q4 25
98.6%
Q3 25
98.5%
Q2 25
99.1%
Q1 25
98.8%
Q4 24
98.8%
Q3 24
98.8%
Q2 24
98.8%
Q1 24
98.8%
Operating Margin
GAU
GAU
SAFE
SAFE
Q4 25
27.4%
Q3 25
24.3%
25.9%
Q2 25
18.4%
25.5%
Q1 25
8.2%
25.9%
Q4 24
24.6%
Q3 24
17.5%
Q2 24
26.7%
Q1 24
17.2%
26.4%
Net Margin
GAU
GAU
SAFE
SAFE
Q4 25
28.5%
Q3 25
30.5%
Q2 25
4.3%
29.8%
Q1 25
-10.1%
30.1%
Q4 24
28.3%
Q3 24
1.5%
21.3%
Q2 24
13.8%
33.0%
Q1 24
33.0%
EPS (diluted)
GAU
GAU
SAFE
SAFE
Q4 25
$0.38
Q3 25
$0.41
Q2 25
$0.39
Q1 25
$0.41
Q4 24
$0.36
Q3 24
$0.27
Q2 24
$0.42
Q1 24
$0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GAU
GAU
SAFE
SAFE
Cash + ST InvestmentsLiquidity on hand
$21.7M
Total DebtLower is stronger
$4.6B
Stockholders' EquityBook value
$2.4B
Total Assets
$7.2B
Debt / EquityLower = less leverage
1.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GAU
GAU
SAFE
SAFE
Q4 25
$21.7M
Q3 25
$12.1M
Q2 25
$13.9M
Q1 25
$17.3M
Q4 24
$8.3M
Q3 24
$15.6M
Q2 24
$13.4M
Q1 24
$11.3M
Total Debt
GAU
GAU
SAFE
SAFE
Q4 25
$4.6B
Q3 25
$4.5B
Q2 25
$4.4B
Q1 25
$4.3B
Q4 24
$4.3B
Q3 24
$4.3B
Q2 24
$4.2B
Q1 24
$4.1B
Stockholders' Equity
GAU
GAU
SAFE
SAFE
Q4 25
$2.4B
Q3 25
$2.4B
Q2 25
$2.4B
Q1 25
$2.4B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Q1 24
$2.3B
Total Assets
GAU
GAU
SAFE
SAFE
Q4 25
$7.2B
Q3 25
$7.1B
Q2 25
$7.1B
Q1 25
$6.9B
Q4 24
$6.9B
Q3 24
$6.8B
Q2 24
$6.8B
Q1 24
$6.7B
Debt / Equity
GAU
GAU
SAFE
SAFE
Q4 25
1.90×
Q3 25
1.89×
Q2 25
1.87×
Q1 25
1.85×
Q4 24
1.84×
Q3 24
1.88×
Q2 24
1.81×
Q1 24
1.81×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GAU
GAU
SAFE
SAFE
Operating Cash FlowLast quarter
$41.9M
$47.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GAU
GAU
SAFE
SAFE
Q4 25
$47.8M
Q3 25
$41.9M
$-1.4M
Q2 25
$17.5M
$28.0M
Q1 25
$13.0M
$8.9M
Q4 24
$37.9M
Q3 24
$28.6M
$8.3M
Q2 24
$9.2M
$24.8M
Q1 24
$-3.1M
Cash Conversion
GAU
GAU
SAFE
SAFE
Q4 25
1.72×
Q3 25
-0.05×
Q2 25
4.30×
1.00×
Q1 25
0.30×
Q4 24
1.45×
Q3 24
26.04×
0.43×
Q2 24
1.05×
0.83×
Q1 24
-0.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GAU
GAU

Segment breakdown not available.

SAFE
SAFE

Equity Method Investment Nonconsolidated Investee Or Group Of Investees$60.3M62%
Other$33.7M34%
Stabilized Properties$3.8M4%

Related Comparisons