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Akwaaba Mining Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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
Cost Of Revenue 727.00 868.00 869.00 594.00
Gross Profit -727.00 -868.00 -869.00 -594.00
Selling General And Administration 147,782 153,893 139,926 143,869
General And Administrative Expense 147,782 153,893 139,926 143,869
Other Operating Expenses 31,044 49,464 37,022 31,715
Operating Expense 178,826 203,357 176,948 175,584
Operating Income -179,553 -204,225 -177,817 -176,178
EBIT -179,561 -204,335 -158,718 -176,647
Interest Expense 1,269 1,666 9,457 37,725
Interest Expense Non Operating 1,269 1,666 9,457 37,725
Net Interest Income -1,269 -1,666 -9,457 -37,725
Other Income Expense -8.00 -110.00 19,099 -469.00
Other Non Operating Income Expenses -- -- 19,660 --
Gain On Sale Of Security -8.00 -110.00 -561.00 -469.00
Pretax Income -180,830 -206,001 -168,175 -214,372
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -180,830 -206,001 -168,175 -214,372
Net Income From Continuing Operation Net Minority Interest -180,830 -206,001 -168,175 -214,372
Net Income Including Noncontrolling Interests -180,830 -206,001 -168,175 -214,372
Net Income Common Stockholders -180,830 -206,001 -168,175 -214,372
Net Income -180,830 -206,001 -168,175 -214,372
EBITDA -178,834 -203,467 -157,849 -176,053
Normalized EBITDA -178,826 -203,357 -157,288 -175,584
Reconciled Depreciation 727.00 868.00 869.00 594.00
Basic EPS -0.02 -0.02 -0.02 -0.03
Diluted EPS -0.02 -0.02 -0.02 -0.03
Basic Average Shares 10.8M 10.1M 9.2M 6.6M
Diluted Average Shares 10.8M 10.1M 9.2M 6.6M
Total Unusual Items -8.00 -110.00 -561.00 -469.00
Total Unusual Items Excluding Goodwill -8.00 -110.00 -561.00 -469.00
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -180,822 -205,891 -167,614 -213,903
Diluted NI Availto Com Stockholders -180,830 -206,001 -168,175 -214,372
Net Income Continuous Operations -180,830 -206,001 -168,175 -214,372
Net Non Operating Interest Income Expense -1,269 -1,666 -9,457 -37,725
Other Gand A 69,931 76,575 60,380 67,732
Reconciled Cost Of Revenue 727.00 868.00 869.00 594.00
Salaries And Wages 77,851 77,318 79,546 76,137
Total Expenses 179,553 204,225 177,817 176,178
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 17,963 35,608 37,897 318,645
Cash Cash Equivalents And Short Term Investments 17,963 35,608 37,897 318,645
Cash Financial 17,963 35,608 37,897 318,645
Accounts Receivable 8,431 13,931 4,566 1,710
Receivables 8,431 13,931 4,566 1,710
Prepaid Assets 89,572 31,468 13,443 10,814
Current Assets 115,966 81,007 55,906 331,169
Gross PPE 4.7M 4.3M 4.2M 3.8M
Accumulated Depreciation -2,899 -2,172 -1,304 -3,716
Net PPE 4.7M 4.3M 4.2M 3.8M
Total Non Current Assets 4.7M 4.3M 4.2M 3.8M
Total Assets 4.8M 4.4M 4.2M 4.2M
Current Debt 372,732 232,276 20,821 445,306
Current Debt And Capital Lease Obligation 372,732 232,276 20,821 445,306
Payables And Accrued Expenses 183,343 151,886 122,362 152,270
Current Liabilities 556,075 384,162 143,183 597,576
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 556,075 384,162 143,183 597,576
Common Stock 18.8M 18.7M 18.5M 18.0M
Capital Stock 18.8M 18.7M 18.5M 18.0M
Retained Earnings -19.1M -18.9M -18.7M -18.5M
Gains Losses Not Affecting Retained Earnings 4.5M 4.2M 4.3M 4.0M
Other Equity Adjustments 4.5M 4.2M 4.3M 4.0M
Common Stock Equity 4.2M 4.0M 4.1M 3.6M
Stockholders Equity 4.2M 4.0M 4.1M 3.6M
Total Equity Gross Minority Interest 4.2M 4.0M 4.1M 3.6M
Total Capitalization 4.2M 4.0M 4.1M 3.6M
Net Tangible Assets 4.2M 4.0M 4.1M 3.6M
Tangible Book Value 4.2M 4.0M 4.1M 3.6M
Working Capital -440,109 -303,155 -87,277 -266,407
Invested Capital 4.6M 4.2M 4.1M 4.0M
Total Debt 372,732 232,276 20,821 445,306
Net Debt 354,769 196,668 -- 126,661
Share Issued 11.0M 10.3M 9.6M 8.1M
Ordinary Shares Number 11.0M 10.3M 9.6M 8.1M
Machinery Furniture Equipment 2,899 2,899 2,899 6,180
Other Current Borrowings 372,732 232,276 20,821 445,306
Other Properties 4.7M 4.3M 4.2M 3.8M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -220,314 -192,802 -163,550 -171,594
Cash Flow From Continuing Operating Activities -220,394 -192,802 -163,550 -171,594
Depreciation And Amortization 727.00 868.00 869.00 594.00
Depreciation Amortization Depletion 727.00 868.00 869.00 594.00
Change In Working Capital -41,560 10,665 -5,701 4,459
Change In Receivables 6,084 -9,510 -2,856 -1,128
Change In Payables And Accrued Expense 6,551 38,294 -216.00 5,481
Other Non Cash Items 1,349 1,666 9,457 37,725
Capital Expenditure -4,782 -211,170 -- -2,899
Purchase Of PPE -4,782 -211,170 0.00 -2,899
Net PPE Purchase And Sale -4,782 -211,170 0.00 -2,899
Investing Cash Flow -4,782 -211,170 -117,514 -461,886
Cash Flow From Continuing Investing Activities -4,782 -211,170 -117,514 -461,886
Issuance Of Debt 118,062 206,426 0.00 850,000
Net Issuance Payments Of Debt 118,062 206,426 0.00 850,000
Issuance Of Capital Stock 88,671 196,107 0.00 --
Net Common Stock Issuance 88,671 196,107 0.00 --
Financing Cash Flow 206,733 402,533 0.00 850,000
Cash Flow From Continuing Financing Activities 206,733 402,533 0.00 850,000
Effect Of Exchange Rate Changes 798.00 -850.00 316.00 548.00
Changes In Cash -18,443 -1,439 -281,064 216,520
Beginning Cash Position 35,608 37,897 318,645 101,577
End Cash Position 17,963 35,608 37,897 318,645
Free Cash Flow -225,096 -403,972 -163,550 -174,493
Income Tax Paid Supplemental Data 0.00 0.00 0.00 0.00
Interest Paid Supplemental Data 0.00 0.00 0.00 0.00
Change In Prepaid Assets -54,195 -18,119 -2,629 106.00
Common Stock Issuance 88,671 196,107 0.00 --
Depreciation 727.00 868.00 869.00 594.00
Long Term Debt Issuance -- 206,426 0.00 850,000
Net Foreign Currency Exchange Gain Loss -- -- -- 0.00
Net Income From Continuing Operations -180,830 -206,001 -168,175 -214,372
Net Long Term Debt Issuance -- 206,426 0.00 850,000
Net Other Investing Changes -- -211,170 -117,514 -458,987
Net Short Term Debt Issuance 118,062 206,426 -- --
Short Term Debt Issuance 118,062 206,426 -- --
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