Alaska Energy Metals Corporation
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 0.00 | 6,889 | 227,027 | 582,039 |
| Operating Revenue | 0.00 | 6,889 | 227,027 | 582,039 |
| Cost Of Revenue | 22,505 | 26,388 | 77,055 | 77,541 |
| Gross Profit | -22,505 | -19,499 | 149,972 | 504,498 |
| Selling General And Administration | 8.3M | 5.1M | 2.0M | 2.3M |
| General And Administrative Expense | 4.9M | 3.5M | 1.7M | 2.3M |
| Other Operating Expenses | 139,815 | 51,940 | 150,836 | 147,963 |
| Operating Expense | 8.4M | 5.2M | 2.1M | 2.5M |
| Operating Income | -8.4M | -5.2M | -2.0M | -2.0M |
| EBIT | -8.6M | -9.8M | -1.7M | -2.1M |
| Interest Expense | 5,690 | 8,950 | 4,909 | 11,775 |
| Interest Expense Non Operating | 5,690 | 8,950 | 4,909 | 11,775 |
| Net Interest Income | -5,690 | -8,950 | -4,909 | -11,775 |
| Other Income Expense | -176,257 | -4.6M | 296,652 | -148,348 |
| Other Non Operating Income Expenses | 286,412 | 165,737 | 69,762 | 77,617 |
| Special Income Charges | -353,517 | -3.9M | 1.9M | 312,183 |
| Write Off | -- | 0.00 | 139,745 | 0.00 |
| Gain On Sale Of Security | -109,152 | -883,157 | -1.7M | -538,148 |
| Pretax Income | -8.6M | -9.8M | -1.7M | -2.1M |
| Tax Provision | 219,000 | 0.00 | -- | -- |
| Tax Effect Of Unusual Items | -69,400 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -8.8M | -9.8M | -1.7M | -2.1M |
| Net Income From Continuing Operation Net Minority Interest | -8.8M | -9.8M | -1.7M | -2.1M |
| Net Income Including Noncontrolling Interests | -8.8M | -9.8M | -1.7M | -2.1M |
| Net Income Common Stockholders | -8.8M | -9.8M | -1.7M | -2.1M |
| Net Income | -8.8M | -9.8M | -1.7M | -2.1M |
| EBITDA | -8.6M | -9.8M | -1.6M | -2.1M |
| Normalized EBITDA | -8.1M | -5.0M | -1.9M | -1.8M |
| Reconciled Depreciation | 22,505 | 26,388 | 74,080 | 69,317 |
| Basic EPS | -0.08 | -0.27 | -0.09 | -0.14 |
| Diluted EPS | -0.08 | -0.27 | -0.09 | -0.14 |
| Basic Average Shares | 111.7M | 35.8M | 15.4M | 14.5M |
| Diluted Average Shares | 111.7M | 35.8M | 15.4M | 14.5M |
| Total Unusual Items | -462,669 | -4.7M | 226,890 | -225,965 |
| Total Unusual Items Excluding Goodwill | -462,669 | -4.7M | 226,890 | -225,965 |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -8.4M | -5.0M | -1.9M | -1.9M |
| Diluted NI Availto Com Stockholders | -8.8M | -9.8M | -1.7M | -2.1M |
| Gain On Sale Of Business | -87,892 | -1.8M | 0.00 | 0.00 |
| Gain On Sale Of Ppe | -- | 0.00 | 2.3M | 0.00 |
| Impairment Of Capital Assets | 265,625 | 2.0M | 195,570 | 7,920 |
| Net Income Continuous Operations | -8.8M | -9.8M | -1.7M | -2.1M |
| Net Non Operating Interest Income Expense | -5,690 | -8,950 | -4,909 | -11,775 |
| Other Gand A | 2.9M | 2.0M | 1.6M | 2.3M |
| Other Special Charges | -- | -- | -- | -320,103 |
| Reconciled Cost Of Revenue | 22,505 | 26,388 | 77,055 | 77,541 |
| Salaries And Wages | 2.0M | 1.6M | 137,478 | 75,837 |
| Selling And Marketing Expense | 3.4M | 1.6M | 261,155 | -- |
| Total Expenses | 8.4M | 5.2M | 2.2M | 2.6M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1.3M | 3.9M | 395,742 | 797,573 |
| Cash Cash Equivalents And Short Term Investments | 1.3M | 4.4M | 2.1M | 2.1M |
| Cash Financial | 1.3M | 3.9M | 395,742 | 797,573 |
| Other Short Term Investments | 0.00 | 439,844 | 1.8M | 1.3M |
| Accounts Receivable | 159,503 | 84,924 | 105,506 | 214,209 |
| Receivables | 159,503 | 84,924 | 157,903 | 248,031 |
| Prepaid Assets | 212,668 | 697,761 | 46,346 | 196,719 |
| Current Assets | 1.7M | 5.2M | 2.4M | 2.5M |
| Gross PPE | 25.9M | 17.4M | 3.9M | 4.3M |
| Net PPE | 25.9M | 17.4M | 3.9M | 4.3M |
| Total Non Current Assets | 25.9M | 17.4M | 3.9M | 4.3M |
| Total Assets | 27.5M | 22.6M | 6.3M | 6.8M |
| Current Debt | -- | -- | 500,000 | -- |
| Current Debt And Capital Lease Obligation | -- | 26,070 | 522,544 | 78,967 |
| Accounts Payable | 1.0M | 666,332 | 214,517 | 397,072 |
| Payables | 1.1M | 693,999 | 343,735 | 452,567 |
| Payables And Accrued Expenses | 1.1M | 693,999 | 343,735 | 452,567 |
| Current Deferred Revenue | -- | -- | 135,243 | 0.00 |
| Other Current Liabilities | 10,693 | 250,000 | 135,243 | -- |
| Current Liabilities | 1.1M | 970,069 | 1.0M | 531,534 |
| Long Term Debt And Capital Lease Obligation | -- | 27,891 | 55,170 | -- |
| Long Term Capital Lease Obligation | 0.00 | 27,891 | 55,170 | 0.00 |
| Total Non Current Liabilities Net Minority Interest | 219,000 | 27,891 | 55,170 | 0.00 |
| Total Liabilities Net Minority Interest | 1.4M | 997,960 | 1.1M | 531,534 |
| Common Stock | 80.0M | 70.2M | 47.3M | 47.1M |
| Capital Stock | 80.0M | 70.2M | 47.3M | 47.1M |
| Retained Earnings | -67.2M | -58.4M | -48.6M | -46.9M |
| Gains Losses Not Affecting Retained Earnings | 1.2M | 180,657 | -31,682 | -335,613 |
| Other Equity Adjustments | 1.2M | 180,657 | -31,682 | -335,613 |
| Common Stock Equity | 26.2M | 21.6M | 5.2M | 6.3M |
| Stockholders Equity | 26.2M | 21.6M | 5.2M | 6.3M |
| Total Equity Gross Minority Interest | 26.2M | 21.6M | 5.2M | 6.3M |
| Total Capitalization | 26.2M | 21.6M | 5.2M | 6.3M |
| Net Tangible Assets | 26.2M | 21.6M | 5.2M | 6.3M |
| Tangible Book Value | 26.2M | 21.6M | 5.2M | 6.3M |
| Working Capital | 515,176 | 4.2M | 1.3M | 2.0M |
| Invested Capital | 26.2M | 21.6M | 5.7M | 6.3M |
| Total Debt | 0.00 | 53,961 | 577,714 | 78,967 |
| Net Debt | -- | -- | 104,258 | -- |
| Share Issued | 154.0M | 86.5M | 15.6M | 15.2M |
| Ordinary Shares Number | 154.0M | 86.5M | 15.6M | 15.2M |
| Buildings And Improvements | -- | 49,653 | 77,251 | 63,541 |
| Capital Lease Obligations | 0.00 | 53,961 | 77,714 | 78,967 |
| Current Capital Lease Obligation | 0.00 | 26,070 | 22,544 | 78,967 |
| Current Deferred Liabilities | -- | -- | 135,243 | 0.00 |
| Dueto Related Parties Current | 124,438 | 27,667 | 129,218 | 55,495 |
| Non Current Deferred Liabilities | 219,000 | 0.00 | -- | -- |
| Non Current Deferred Taxes Liabilities | 219,000 | 0.00 | -- | -- |
| Other Current Borrowings | -- | -- | 500,000 | -- |
| Other Equity Interest | 12.1M | 9.6M | 6.6M | 6.4M |
| Other Properties | 25.9M | 17.4M | 3.9M | 4.2M |
| Taxes Receivable | -- | 0.00 | 52,397 | 33,822 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -5.9M | -3.7M | -1.5M | -1.7M |
| Cash Flow From Continuing Operating Activities | -5.9M | -3.7M | -1.5M | -1.7M |
| Depreciation And Amortization | 22,505 | 26,388 | 74,080 | 69,317 |
| Depreciation Amortization Depletion | 22,505 | 26,388 | 74,080 | 69,317 |
| Stock Based Compensation | 2.0M | 1.6M | 137,478 | 75,837 |
| Deferred Tax | 219,000 | 0.00 | -- | -- |
| Deferred Income Tax | 219,000 | 0.00 | -- | -- |
| Change In Working Capital | 554,043 | -319,120 | 164,286 | 84,920 |
| Changes In Account Receivables | -- | -32,944 | 108,703 | 395,440 |
| Change In Receivables | -74,579 | -32,944 | 90,128 | 395,440 |
| Change In Payables And Accrued Expense | 143,529 | 534,680 | -71,713 | -151,263 |
| Change In Payable | 143,529 | 534,680 | -71,713 | -151,263 |
| Change In Other Working Capital | -- | -135,243 | 135,243 | -11,037 |
| Other Non Cash Items | -233,617 | 8,950 | 104,909 | 11,775 |
| Capital Expenditure | -7.2M | -8.0M | -- | -761,444 |
| Purchase Of PPE | -- | -- | -- | -761,444 |
| Net PPE Purchase And Sale | -- | 0.00 | 1.2M | 0.00 |
| Purchase Of Business | 0.00 | -14,869 | 0.00 | -- |
| Sale Of Business | 0.00 | 2.9M | 0.00 | -- |
| Sale Of Investment | 352,152 | 566,344 | 58,663 | 0.00 |
| Net Investment Purchase And Sale | 352,152 | 566,344 | 58,663 | 0.00 |
| Investing Cash Flow | -6.9M | -4.5M | 691,384 | -761,444 |
| Cash Flow From Continuing Investing Activities | -6.9M | -4.5M | 691,384 | -761,444 |
| Issuance Of Debt | 0.00 | 270,000 | 500,000 | 0.00 |
| Repayment Of Debt | -32,503 | -800,055 | -87,021 | -85,068 |
| Net Issuance Payments Of Debt | -32,503 | -530,055 | 412,979 | -85,068 |
| Issuance Of Capital Stock | 821,250 | 13.1M | 0.00 | 3.1M |
| Net Common Stock Issuance | 821,250 | 13.1M | 0.00 | 3.1M |
| Financing Cash Flow | 10.1M | 11.8M | 412,979 | 2.8M |
| Cash Flow From Continuing Financing Activities | 10.1M | 11.8M | 412,979 | 2.8M |
| Changes In Cash | -2.7M | 3.5M | -401,831 | 406,967 |
| Beginning Cash Position | 3.9M | 395,742 | 797,573 | 390,606 |
| End Cash Position | 1.3M | 3.9M | 395,742 | 797,573 |
| Free Cash Flow | -13.1M | -11.7M | -1.5M | -1.7M |
| Income Tax Paid Supplemental Data | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Paid Supplemental Data | 0.00 | 45,468 | 0.00 | 0.00 |
| Amortization Cash Flow | -- | -- | -- | 0.00 |
| Amortization Of Intangibles | -- | -- | -- | 0.00 |
| Asset Impairment Charge | 265,625 | 2.0M | 335,315 | 7,920 |
| Capital Expenditure Reported | -7.2M | -8.0M | -- | -- |
| Change In Account Payable | 46,758 | 636,231 | -145,436 | -195,608 |
| Change In Income Tax Payable | -- | -- | -- | 0.00 |
| Change In Prepaid Assets | 485,093 | -685,613 | 10,628 | -148,220 |
| Change In Tax Payable | -- | -- | -- | 0.00 |
| Common Stock Issuance | 821,250 | 13.1M | 0.00 | 3.1M |
| Depreciation | 22,505 | 26,388 | 74,080 | 69,317 |
| Gain Loss On Investment Securities | 87,692 | 884,846 | 28,523 | -- |
| Gain Loss On Sale Of Business | -- | 1.8M | 0.00 | -- |
| Gain Loss On Sale Of PPE | -- | 0.00 | -1.1M | 0.00 |
| Long Term Debt Issuance | 0.00 | 270,000 | 500,000 | 0.00 |
| Long Term Debt Payments | -32,503 | -800,055 | -87,021 | -85,068 |
| Net Business Purchase And Sale | 0.00 | 2.9M | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | 0.00 | -1,438 | -42,959 | -404.00 |
| Net Income From Continuing Operations | -8.8M | -9.8M | -1.7M | -2.1M |
| Net Long Term Debt Issuance | -32,503 | -530,055 | 412,979 | -85,068 |
| Net Other Financing Charges | -726,006 | -933,956 | -- | -213,335 |
| Net Other Investing Changes | -- | -8.0M | -567,279 | -761,444 |
| Operating Gains Losses | 87,692 | 883,408 | -2.3M | -320,507 |
| Proceeds From Stock Option Exercised | 10.0M | 116,791 | 0.00 | 0.00 |
| Sale Of PPE | -- | 0.00 | 1.2M | 0.00 |
| Unrealized Gain Loss On Investment Securities | 0.00 | 1.8M | 1.7M | 544,533 |