Silver Mountain Resources Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 1,441 | 1,441 | 1,440 | 1,440 | 1,441 |
| Gross Profit | -1,441 | -1,441 | -1,440 | -1,440 | -1,441 |
| Selling General And Administration | 1.2M | 657,430 | 528,045 | 687,706 | 578,401 |
| General And Administrative Expense | 868,979 | 635,666 | 528,045 | 687,706 | 578,401 |
| Other Operating Expenses | 18,935 | 15,561 | 18,576 | 20,006 | 39,831 |
| Operating Expense | 1.2M | 672,991 | 546,621 | 707,712 | 618,232 |
| Operating Income | -1.2M | -674,432 | -548,061 | -709,152 | -619,673 |
| EBIT | -14.9M | -674,432 | -548,061 | -709,152 | -619,673 |
| Interest Expense | 36.00 | -- | -- | -- | -- |
| Interest Expense Non Operating | 36.00 | -- | -- | -- | -- |
| Interest Income | -- | 225.00 | 3,792 | 5,332 | 5,866 |
| Interest Income Non Operating | -- | 225.00 | 3,792 | 5,332 | 5,866 |
| Net Interest Income | -725.00 | -917.00 | -18,398 | 4,299 | 3,519 |
| Other Income Expense | -13.7M | -855,673 | 409,258 | 372,535 | -684,202 |
| Other Non Operating Income Expenses | -80,793 | 26,118 | 1,706 | -- | -- |
| Gain On Sale Of Security | -13.6M | -881,791 | 407,552 | 360,285 | -684,202 |
| Pretax Income | -14.9M | -1.5M | -157,201 | -332,318 | -1.3M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -14.9M | -1.5M | -157,201 | -332,318 | -1.3M |
| Net Income From Continuing Operation Net Minority Interest | -14.9M | -1.5M | -157,201 | -332,318 | -1.3M |
| Net Income Including Noncontrolling Interests | -14.9M | -1.5M | -157,201 | -332,318 | -1.3M |
| Net Income Common Stockholders | -14.9M | -1.5M | -157,201 | -332,318 | -1.3M |
| Net Income | -14.9M | -1.5M | -157,201 | -332,318 | -1.3M |
| EBITDA | -14.9M | -672,991 | -546,621 | -707,712 | -618,232 |
| Normalized EBITDA | -1.3M | 208,800 | -954,173 | -1.1M | 65,970 |
| Reconciled Depreciation | 1,441 | 1,441 | 1,440 | 1,440 | 1,441 |
| Basic EPS | -0.39 | -0.06 | -0.01 | -- | -0.09 |
| Diluted EPS | -0.39 | -0.06 | -0.01 | -- | -0.09 |
| Basic Average Shares | 38.4M | 24.8M | 24.7M | -- | 14.5M |
| Diluted Average Shares | 38.4M | 24.8M | 24.7M | -- | 14.5M |
| Total Unusual Items | -13.6M | -881,791 | 407,552 | 360,285 | -684,202 |
| Total Unusual Items Excluding Goodwill | -13.6M | -881,791 | 407,552 | 360,285 | -684,202 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -1.3M | -649,231 | -564,753 | -692,603 | -616,154 |
| Diluted NI Availto Com Stockholders | -14.9M | -1.5M | -157,201 | -332,318 | -1.3M |
| Insurance And Claims | 25,436 | 25,436 | 21,803 | -3,634 | 44,562 |
| Net Income Continuous Operations | -14.9M | -1.5M | -157,201 | -332,318 | -1.3M |
| Net Non Operating Interest Income Expense | -725.00 | -917.00 | -18,398 | 4,299 | 3,519 |
| Other Gand A | 499,807 | 328,006 | 202,375 | 209,061 | 234,372 |
| Reconciled Cost Of Revenue | 1,441 | 1,441 | 1,440 | 1,440 | 1,441 |
| Salaries And Wages | 343,736 | 282,224 | 303,867 | 482,279 | 299,467 |
| Selling And Marketing Expense | 323,354 | 21,764 | 0.00 | 0.00 | 0.00 |
| Total Expenses | 1.2M | 674,432 | 548,061 | 709,152 | 619,673 |
| Total Other Finance Cost | 689.00 | 1,142 | 22,190 | 1,033 | 2,347 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 16.8M | 1.5M | 3.0M | 4.3M | 4.4M |
| Cash Cash Equivalents And Short Term Investments | 16.8M | 1.5M | 3.0M | 4.3M | 4.4M |
| Accounts Receivable | 62,381 | 42,931 | 51,652 | 84,437 | 100,689 |
| Receivables | 194,262 | 42,931 | 51,652 | 84,437 | 100,689 |
| Prepaid Assets | 748,559 | 187,019 | 264,386 | 135,592 | 213,240 |
| Current Assets | 18.2M | 2.2M | 3.8M | 4.8M | 6.1M |
| Gross PPE | 5.4M | 30.6M | 29.7M | 28.8M | 28.1M |
| Accumulated Depreciation | -1.1M | -1.0M | -1.0M | -1.0M | -995,710 |
| Net PPE | 4.3M | 29.5M | 28.6M | 27.8M | 27.1M |
| Total Non Current Assets | 43.5M | 33.9M | 32.8M | 31.7M | 31.0M |
| Total Assets | 61.6M | 36.1M | 36.5M | 36.4M | 37.1M |
| Accounts Payable | 1.4M | 835,037 | 585,975 | 524,125 | 572,551 |
| Payables | 1.6M | 1.1M | 915,628 | 807,337 | 709,648 |
| Payables And Accrued Expenses | 2.1M | 1.4M | 1.6M | 1.2M | 973,051 |
| Current Accrued Expenses | 485,077 | 270,119 | 697,243 | 353,048 | 263,403 |
| Other Current Liabilities | 21.5M | 2.3M | 1.3M | 1.6M | 2.2M |
| Current Liabilities | 24.0M | 3.9M | 2.9M | 2.7M | 3.2M |
| Total Non Current Liabilities Net Minority Interest | 7.6M | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 31.6M | 3.9M | 2.9M | 2.7M | 3.2M |
| Common Stock | 59.5M | 46.8M | 46.8M | 46.7M | 46.7M |
| Capital Stock | 59.5M | 46.8M | 46.8M | 46.7M | 46.7M |
| Additional Paid In Capital | 1.5M | 1.5M | 1.4M | 1.4M | 1.3M |
| Retained Earnings | -31.0M | -16.1M | -14.6M | -14.4M | -14.1M |
| Common Stock Equity | 30.0M | 32.2M | 33.7M | 33.7M | 33.9M |
| Stockholders Equity | 30.0M | 32.2M | 33.7M | 33.7M | 33.9M |
| Total Equity Gross Minority Interest | 30.0M | 32.2M | 33.7M | 33.7M | 33.9M |
| Total Capitalization | 30.0M | 32.2M | 33.7M | 33.7M | 33.9M |
| Net Tangible Assets | 30.0M | 32.2M | 33.7M | 33.7M | 33.9M |
| Tangible Book Value | 30.0M | 32.2M | 33.7M | 33.7M | 33.9M |
| Working Capital | -5.9M | -1.7M | 888,538 | 2.0M | 3.0M |
| Invested Capital | 30.0M | 32.2M | 33.7M | 33.7M | 33.9M |
| Share Issued | 44.7M | 24.8M | 24.7M | 24.7M | 24.5M |
| Ordinary Shares Number | 44.7M | 24.8M | 24.7M | 24.7M | 24.5M |
| Buildings And Improvements | 151,544 | 151,544 | 151,544 | 151,544 | 151,544 |
| Current Provisions | 233,512 | -- | -- | -- | -- |
| Derivative Product Liabilities | -- | -- | -- | -- | 0.00 |
| Investment Properties | 34.5M | -- | -- | -- | -- |
| Land And Improvements | 36,041 | 36,041 | 36,041 | 36,041 | 36,041 |
| Long Term Provisions | 7.6M | -- | -- | -- | -- |
| Machinery Furniture Equipment | 251,493 | 249,969 | 249,969 | 249,969 | 249,969 |
| Non Current Accounts Receivable | 4.6M | 4.4M | 4.1M | 3.9M | 3.9M |
| Other Payable | 244,228 | 253,963 | 309,699 | 264,478 | 119,766 |
| Other Receivables | 131,881 | -- | -- | -- | -- |
| Pensionand Other Post Retirement Benefit Plans Current | 158,146 | 214,236 | -- | -- | -- |
| Restricted Cash | 436,204 | 436,204 | 436,204 | 263,438 | 1.4M |
| Total Tax Payable | 8,863 | 14,579 | 19,954 | 18,734 | 17,331 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -1.3M | -679,964 | -617,342 | -667,085 | -254,995 |
| Cash Flow From Continuing Operating Activities | -1.3M | -679,964 | -617,342 | -667,085 | -254,995 |
| Depreciation And Amortization | 1,441 | 1,441 | 1,440 | 1,440 | 1,441 |
| Depreciation Amortization Depletion | 1,441 | 1,441 | 1,440 | 1,440 | 1,441 |
| Stock Based Compensation | 53,081 | 35,205 | 50,456 | 49,997 | 40,828 |
| Change In Working Capital | -589,104 | -167,408 | -206,884 | 216,922 | -23,099 |
| Change In Receivables | -229,367 | -210,518 | -181,516 | -14,192 | -145,883 |
| Change In Payables And Accrued Expense | 201,803 | -34,257 | 103,426 | 153,466 | 130,404 |
| Change In Payable | 201,803 | -34,257 | 103,426 | 153,466 | 130,404 |
| Other Non Cash Items | 456,850 | -26,118 | -1,706 | -- | -- |
| Capital Expenditure | -- | -847,908 | -456,948 | -20,559 | -1,465 |
| Purchase Of PPE | 410,591 | -847,908 | -456,948 | -20,559 | 2.5M |
| Net PPE Purchase And Sale | 410,591 | -847,908 | -456,948 | -20,559 | 2.5M |
| Investing Cash Flow | -1.0M | -847,908 | -629,714 | 550,409 | -1.4M |
| Cash Flow From Continuing Investing Activities | -1.0M | -847,908 | -629,714 | 550,409 | -1.4M |
| Issuance Of Capital Stock | 18.2M | -- | -- | 0.00 | 520,891 |
| Net Common Stock Issuance | 18.2M | -- | -- | 0.00 | 520,891 |
| Financing Cash Flow | 17.6M | -- | -- | 0.00 | -194,441 |
| Cash Flow From Continuing Financing Activities | 17.6M | -- | -- | 0.00 | -194,441 |
| Effect Of Exchange Rate Changes | -16,771 | -- | -- | -- | 0.00 |
| Changes In Cash | 15.2M | -1.5M | -1.2M | -116,676 | -1.8M |
| Beginning Cash Position | 1.5M | 3.0M | 4.3M | 4.4M | 6.2M |
| End Cash Position | 16.8M | 1.5M | 3.0M | 4.3M | 4.4M |
| Free Cash Flow | -900,604 | -1.5M | -1.1M | -687,644 | 2.2M |
| Change In Prepaid Assets | -561,540 | 77,367 | -128,794 | 77,648 | -7,620 |
| Common Stock Issuance | 18.2M | -- | -- | 0.00 | 520,891 |
| Depreciation | 1,441 | 1,441 | 1,440 | 1,440 | 1,441 |
| Gain Loss On Investment Securities | 13.7M | 1.0M | -304,808 | -466,393 | 840,413 |
| Net Foreign Currency Exchange Gain Loss | -18,026 | -25,470 | 1,361 | -130,724 | -8,663 |
| Net Income From Continuing Operations | -14.9M | -1.5M | -157,201 | -332,318 | -1.3M |
| Net Other Investing Changes | -1.4M | 0.00 | -172,766 | 570,968 | -3.8M |
| Operating Gains Losses | 13.7M | 1.0M | -303,447 | -597,117 | 831,750 |