Abacus Mining & Exploration 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 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 455,387 | 415,091 | 616,933 | 1.0M |
| General And Administrative Expense | 446,987 | 401,209 | 583,880 | 881,037 |
| Other Operating Expenses | 46,498 | 47,424 | 110,287 | 1.4M |
| Operating Expense | 501,885 | 462,515 | 727,220 | 2.4M |
| Operating Income | -501,885 | -462,515 | -727,220 | -2.4M |
| EBIT | -1.2M | 866,410 | -1.0M | -3.5M |
| Interest Expense | 2.9M | 2.5M | 2.3M | 2.0M |
| Interest Expense Non Operating | 2.9M | 2.5M | 2.3M | 2.0M |
| Net Interest Income | -2.9M | -2.5M | -2.3M | -2.0M |
| Other Income Expense | -677,449 | 1.3M | -307,915 | -1.1M |
| Special Income Charges | -- | -- | 0.00 | -65,973 |
| Gain On Sale Of Security | 8.00 | -121.00 | -95.00 | -1,403 |
| Earnings From Equity Interest | -677,457 | 1.3M | -307,820 | -1.0M |
| Pretax Income | -4.0M | -1.7M | -3.3M | -5.5M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -4.0M | -1.7M | -3.3M | -5.5M |
| Net Income From Continuing Operation Net Minority Interest | -4.0M | -1.7M | -3.3M | -5.5M |
| Net Income Including Noncontrolling Interests | -4.0M | -1.7M | -3.3M | -5.5M |
| Net Income Common Stockholders | -4.0M | -1.7M | -3.3M | -5.5M |
| Net Income | -4.0M | -1.7M | -3.3M | -5.5M |
| EBITDA | -1.2M | 866,410 | -1.0M | -3.5M |
| Normalized EBITDA | -1.2M | 866,531 | -1.0M | -3.4M |
| Basic EPS | -0.03 | -0.01 | -0.03 | -0.07 |
| Diluted EPS | -0.03 | -0.01 | -0.03 | -0.07 |
| Basic Average Shares | 131.8M | 113.9M | 98.1M | 82.6M |
| Diluted Average Shares | 131.8M | 113.9M | 98.1M | 82.6M |
| Total Unusual Items | 8.00 | -121.00 | -95.00 | -67,376 |
| Total Unusual Items Excluding Goodwill | 8.00 | -121.00 | -95.00 | -67,376 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -4.0M | -1.7M | -3.3M | -5.4M |
| Diluted NI Availto Com Stockholders | -4.0M | -1.7M | -3.3M | -5.5M |
| Impairment Of Capital Assets | -- | -- | 0.00 | 65,973 |
| Insurance And Claims | 32,850 | 41,376 | 39,869 | 35,345 |
| Net Income Continuous Operations | -4.0M | -1.7M | -3.3M | -5.5M |
| Net Non Operating Interest Income Expense | -2.9M | -2.5M | -2.3M | -2.0M |
| Other Gand A | 236,032 | 194,098 | 129,649 | 298,085 |
| Rent And Landing Fees | 12,501 | 21,600 | 10,800 | 0.00 |
| Rent Expense Supplemental | 12,501 | 21,600 | 10,800 | 0.00 |
| Salaries And Wages | 165,604 | 144,135 | 403,562 | 547,607 |
| Selling And Marketing Expense | 8,400 | 13,882 | 33,053 | 149,315 |
| Total Expenses | 501,885 | 462,515 | 727,220 | 2.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 48,266 | 64,876 | 76,717 | 57,975 |
| Cash Cash Equivalents And Short Term Investments | 48,266 | 64,876 | 76,717 | 57,975 |
| Cash Financial | 48,266 | 64,876 | 76,717 | 57,975 |
| Accounts Receivable | 7,488 | 5,608 | 6,233 | 14,697 |
| Receivables | 7,488 | 5,608 | 6,233 | 14,697 |
| Prepaid Assets | 21,884 | 29,057 | 33,614 | 29,847 |
| Current Assets | 77,638 | 99,541 | 116,564 | 102,519 |
| Net PPE | 1.3M | 873,533 | 642,336 | 496,137 |
| Investments And Advances | 7.1M | 6.9M | 4.9M | 5.2M |
| Long Term Equity Investment | 7.1M | 6.9M | 4.9M | 5.2M |
| Total Non Current Assets | 8.4M | 7.8M | 5.5M | 5.7M |
| Total Assets | 8.5M | 7.9M | 5.6M | 5.8M |
| Current Debt | 31.4M | 27.5M | 24.2M | 22.0M |
| Current Debt And Capital Lease Obligation | 31.4M | 27.5M | 24.2M | 22.0M |
| Payables And Accrued Expenses | 321,913 | 215,398 | 221,511 | 244,660 |
| Current Liabilities | 31.8M | 27.8M | 24.5M | 22.2M |
| Total Non Current Liabilities Net Minority Interest | -1.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 31.8M | 27.8M | 24.5M | 22.2M |
| Common Stock | 92.2M | 91.7M | 91.1M | 90.4M |
| Capital Stock | 92.2M | 91.7M | 91.1M | 90.4M |
| Retained Earnings | -121.9M | -117.9M | -116.2M | -112.9M |
| Common Stock Equity | -23.3M | -19.9M | -18.8M | -16.5M |
| Stockholders Equity | -23.3M | -19.9M | -18.8M | -16.5M |
| Total Equity Gross Minority Interest | -23.3M | -19.9M | -18.8M | -16.5M |
| Total Capitalization | -23.3M | -19.9M | -18.8M | -16.5M |
| Net Tangible Assets | -23.3M | -19.9M | -18.8M | -16.5M |
| Tangible Book Value | -23.3M | -19.9M | -18.8M | -16.5M |
| Working Capital | -31.7M | -27.7M | -24.4M | -22.1M |
| Invested Capital | 8.2M | 7.7M | 5.4M | 5.5M |
| Total Debt | 31.4M | 27.5M | 24.2M | 22.0M |
| Net Debt | 31.4M | 27.5M | 24.2M | 21.9M |
| Share Issued | 149.1M | 120.8M | 100.5M | 87.7M |
| Ordinary Shares Number | 149.1M | 120.8M | 100.5M | 87.7M |
| Investmentsin Associatesat Cost | 7.1M | 6.9M | 4.9M | 5.2M |
| Other Current Borrowings | 31.4M | 27.5M | 24.2M | 22.0M |
| Other Equity Interest | 6.4M | 6.3M | 6.3M | 6.1M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -324,761 | -424,602 | -552,305 | -2.0M |
| Cash Flow From Continuing Operating Activities | -324,761 | -424,602 | -552,306 | -2.0M |
| Stock Based Compensation | 65,308 | 38,965 | 193,461 | 320,726 |
| Change In Working Capital | 111,807 | -931.00 | -18,452 | 43,948 |
| Changes In Account Receivables | -1,880 | 626.00 | -- | -- |
| Change In Receivables | -1,880 | 626.00 | 8,464 | 10,640 |
| Change In Payables And Accrued Expense | 106,514 | -6,113 | -23,149 | 37,437 |
| Other Non Cash Items | 2.9M | 2.5M | 2.3M | 2.0M |
| Capital Expenditure | -169,306 | -151,197 | -135,367 | -117,952 |
| Purchase Of PPE | -169,306 | -151,197 | -135,367 | -117,952 |
| Net PPE Purchase And Sale | -169,306 | -151,197 | -135,367 | -117,952 |
| Investing Cash Flow | -169,306 | -151,197 | -135,367 | -117,952 |
| Cash Flow From Continuing Investing Activities | -169,306 | -151,197 | -135,367 | -117,952 |
| Issuance Of Debt | 153,348 | 37,753 | 0.00 | -- |
| Net Issuance Payments Of Debt | 153,348 | 37,753 | 0.00 | -- |
| Issuance Of Capital Stock | 374,300 | 550,000 | 760,000 | 1.7M |
| Net Common Stock Issuance | 374,300 | 550,000 | 760,000 | 1.7M |
| Financing Cash Flow | 477,457 | 563,958 | 706,414 | 1.6M |
| Cash Flow From Continuing Financing Activities | 477,457 | 563,958 | 706,414 | 1.6M |
| Changes In Cash | -16,610 | -11,841 | 18,742 | -570,490 |
| Beginning Cash Position | 64,876 | 76,717 | 57,975 | 628,465 |
| End Cash Position | 48,266 | 64,876 | 76,717 | 57,975 |
| Free Cash Flow | -494,067 | -575,799 | -687,672 | -2.1M |
| Asset Impairment Charge | -- | -- | 0.00 | 65,973 |
| Change In Prepaid Assets | 7,173 | 4,556 | -3,767 | -4,129 |
| Common Stock Issuance | 374,300 | 550,000 | 760,000 | 1.7M |
| Earnings Losses From Equity Investments | 677,458 | -1.3M | 307,820 | 1.0M |
| Net Income From Continuing Operations | -4.0M | -1.7M | -3.3M | -5.5M |
| Net Other Financing Charges | -50,191 | -23,795 | -53,586 | -122,260 |
| Net Short Term Debt Issuance | 153,348 | 37,753 | 0.00 | -- |
| Operating Gains Losses | 677,458 | -1.3M | 307,820 | 1.0M |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 30,510 |
| Short Term Debt Issuance | 153,348 | 37,753 | 0.00 | -- |