Prospect generator financial model, built free.
A three-statement Excel model for a prospect generator, built from your own figures and checked to balance.
- Free account
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- Usually ready within the hour
We use generative AI in parts of our process, so mistakes can occur. Every model should be checked by a person before it is relied on. Read more
Generates and acquires exploration projects and vends or joint-ventures them to partners who fund the exploration, keeping retained interests, shares in the acquirers and royalties.
In short
- 01
Three linked statements
Income statement, balance sheet and cash flow, linked in every period.
- 02
Valued and tested
Net asset value, with scenarios on the key drivers.
- 03
Monthly to annual
Monthly, quarterly, half-yearly or annual periods, for up to 30 years.
- 04
Checked every period
A Checks sheet shows the balance sheet balances and the cash reconciles.
The sample, as Excel draws it.
Built by the same system and checks as yours, on illustrative figures: every sheet as Excel draws it, or live.
Illustrative figures: the sample describes no real business. The live preview shows values; your model’s Excel file has every formula.
How the model works for a prospect generator.
- How it earns revenue1 formulaRevenue (top-down) · The businessRevenueUnits soldAverage price
- What drives its costs3 formulasDirect costs (top-down) · The businessCost of salesRevenuefrom statementsGross marginExploration expenditure · The businessCapitalisedExploration and evaluation spendShare of spend capitalisedExploration expenditure · The businessExpensedExploration and evaluation spendCapitalised
- How it is funded1 formulaEquity raisingEquity raisedDistributions reinvested under the DRPOther equity raised (net of costs)Equity from an offer, milestone funding, conversions and creditor shares
- How profit becomes cash3 formulasWorking capitalTrade receivablesRevenuefrom statementsDebtor daysDays in periodWorking capitalInventoryDirect costs (positive)from statementsInventory daysDays in periodWorking capitalTrade payablesCash operating costs (positive)from statementsCreditor daysDays in period
12 parts, each one tested.
Every part is a tested building block with its own checks: yours is put together from the ones your business needs.
- Exchange rate (US dollar)Exchange rate by financial year
- Revenue (top-down)Price × volume
- Direct costs (top-down)Gross margin %
- Corporate costsFixed cost base indexed to CPI
- Working capitalFull working capital
- Income taxCorporate rate with tax losses
- Equity raisingDistribution reinvestment plan
- Net asset valueBook net asset value
- Exploration expenditureMetres drilled × cost per metreExploration and evaluation spend, how much is capitalised or expensed, and write-offs.
- Key-metric summaryLast-twelve-month and run-rate metrics
- Burn and runwayRunway to the forecast cash-out date
- CPI forecastCPI glide path
The numbers it tracks.
- 01projects vended or joint-ventured
- 02partner-funded spend
- 03equity and royalty portfolio value
- 04net cash burn
- 05runway
What it is used for.
- Operating forecastGuide · Financial projections
- Budget and rolling forecastGuide · Cash flow forecast
- ValuationGuide · DCF valuation model
- Equity capital raisingGuide · Startup financial model
- Startup and venture fundingGuide · Startup financial model
- Scenarios and sensitivities
More in explorers, developers and royalties.
- Exploration company financial model
- Mine developer financial model
- Mining royalty and streaming company financial model
Looking for a prospect generator financial model template? Ours arrives built for your business, with your figures in it.
See a finished model, sheet by sheetThe sample is built on illustrative figures and describes no real business. Models are calculations prepared from the information you provide. They are not financial advice and must be independently verified. See our terms.