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Amaroq 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 -- -- -- 90,182
Gross Profit -- -- -- -90,182
Selling General And Administration 17.3M 13.5M 10.0M 9.6M
General And Administrative Expense 16.6M 12.8M 9.4M 8.8M
Research And Development 0.00 2.5M 0.00 --
Depreciation And Amortization In Income Statement 176,073 142,707 129,627 90,182
Other Operating Expenses 3.4M 6.6M 12.7M 14.3M
Operating Expense 21.0M 22.8M 22.9M 24.0M
Operating Income -21.0M -22.8M -22.9M -24.0M
EBIT -23.4M -799,416 -21.9M -24.6M
Interest Expense 36,415 34,097 37,523 39,994
Interest Expense Non Operating 36,415 34,097 37,523 39,994
Interest Income 1.2M 1.1M 239,869 143,759
Interest Income Non Operating 1.2M 1.1M 239,869 143,759
Net Interest Income 1.2M 1.0M 202,346 103,765
Other Income Expense -3.7M 20.9M 749,237 -809,751
Other Non Operating Income Expenses 2.5M 1.7M -- --
Special Income Charges -149,916 31.3M -100,536 0.00
Gain On Sale Of Security 2.6M -4.2M 849,773 -809,751
Earnings From Equity Interest -8.6M -7.9M 0.00 --
Pretax Income -23.5M -833,513 -21.9M -24.7M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -23.5M -833,513 -21.9M -24.7M
Net Income From Continuing Operation Net Minority Interest -23.5M -833,513 -21.9M -24.7M
Net Income Including Noncontrolling Interests -23.5M -833,513 -21.9M -24.7M
Net Income Common Stockholders -23.5M -833,513 -21.9M -24.7M
Net Income -23.5M -833,513 -21.9M -24.7M
EBITDA -22.5M -20,936 -21.0M -24.3M
Normalized EBITDA -25.0M -27.1M -21.8M -23.4M
Reconciled Depreciation 933,211 778,480 850,699 389,953
Basic EPS -0.07 -0.00 -0.11 -0.14
Diluted EPS -0.07 -0.00 -0.11 -0.14
Basic Average Shares 329.9M 272.6M 191.6M 177.1M
Diluted Average Shares 329.9M 272.6M 191.6M 177.1M
Total Unusual Items 2.5M 27.1M 749,237 -809,751
Total Unusual Items Excluding Goodwill 2.5M 27.1M 749,237 -809,751
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -25.9M -27.9M -22.6M -23.9M
Depreciation Amortization Depletion Income Statement 176,073 142,707 129,627 90,182
Depreciation Income Statement 176,073 142,707 129,627 90,182
Diluted NI Availto Com Stockholders -23.5M -833,513 -21.9M -24.7M
Gain On Sale Of Business 0.00 31.3M 0.00 --
Gain On Sale Of Ppe -149,916 -37,791 -100,536 0.00
Insurance And Claims 319,988 289,042 341,793 571,364
Net Income Continuous Operations -23.5M -833,513 -21.9M -24.7M
Net Non Operating Interest Income Expense 1.2M 1.0M 202,346 103,765
Other Gand A 7.0M 5.6M 3.2M 4.6M
Reconciled Cost Of Revenue -- -- -- 90,182
Salaries And Wages 9.3M 6.9M 5.9M 3.7M
Selling And Marketing Expense 724,012 713,161 598,447 791,722
Total Expenses 21.0M 22.8M 22.9M 24.0M
Total Operating Income As Reported 19.6M 22.5M 22.1M 24.8M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 45.2M 21.0M 50.1M 27.3M
Cash Cash Equivalents And Short Term Investments 45.2M 21.0M 50.1M 27.3M
Cash Financial 45.2M 21.0M 50.1M 27.3M
Receivables 277,675 69,756 95,890 51,250
Inventory 10.2M 680,358 0.00 --
Prepaid Assets 10.2M 19.0M 450,290 266,617
Current Assets 65.9M 40.7M 50.7M 27.6M
Gross PPE 164.7M 41.2M 15.6M 15.6M
Accumulated Depreciation -3.2M -2.4M -1.6M -937,020
Net PPE 161.5M 38.9M 14.0M 14.7M
Investments And Advances 21.6M 27.0M 0.00 --
Long Term Equity Investment 14.9M 23.5M 0.00 --
Other Non Current Assets 6.8M 598,939 427,120 424,637
Total Non Current Assets 190.1M 66.5M 14.4M 15.1M
Total Assets 256.0M 107.2M 65.1M 42.8M
Current Debt 28.6M 35.7M -- --
Current Debt And Capital Lease Obligation 28.7M 35.8M 71,797 50,835
Accounts Payable -- -- 1.1M 2.0M
Payables -- -- 1.1M 2.0M
Payables And Accrued Expenses 18.2M 6.6M 1.1M 2.0M
Current Liabilities 47.0M 42.4M 1.2M 2.1M
Long Term Debt And Capital Lease Obligation 591,805 577,234 657,440 713,078
Long Term Capital Lease Obligation 591,805 577,234 657,440 713,078
Total Non Current Liabilities Net Minority Interest 7.8M 577,234 657,440 713,078
Total Liabilities Net Minority Interest 54.8M 43.0M 1.9M 2.8M
Common Stock 291.2M 132.1M 131.7M 88.5M
Capital Stock 291.2M 132.1M 131.7M 88.5M
Additional Paid In Capital 8.0M 6.7M 5.3M 3.3M
Retained Earnings -98.0M -74.5M -73.7M -51.8M
Gains Losses Not Affecting Retained Earnings -36,772 -36,772 -36,772 -36,772
Other Equity Adjustments -36,772 -36,772 -36,772 -36,772
Common Stock Equity 201.2M 64.3M 63.2M 40.0M
Stockholders Equity 201.2M 64.3M 63.2M 40.0M
Total Equity Gross Minority Interest 201.2M 64.3M 63.2M 40.0M
Total Capitalization 201.2M 64.3M 63.2M 40.0M
Net Tangible Assets 201.2M 64.3M 63.2M 40.0M
Tangible Book Value 201.2M 64.3M 63.2M 40.0M
Working Capital 18.9M -1.7M 49.5M 25.5M
Invested Capital 229.8M 100.0M 63.2M 40.0M
Total Debt 29.3M 36.4M 729,237 763,913
Net Debt -- 14.7M -- --
Share Issued 397.7M 263.7M 263.1M 177.1M
Ordinary Shares Number 397.7M 263.7M 263.1M 177.1M
Accrued Interest Receivable 114,064 0.00 -- --
Available For Sale Securities 6.7M 3.5M -- --
Buildings And Improvements 997,239 836,200 836,200 841,080
Capital Lease Obligations 710,713 657,440 729,237 763,913
Construction In Progress 154.9M 33.3M 7.5M 7.5M
Current Capital Lease Obligation 118,908 80,206 71,797 50,835
Duefrom Related Parties Current -- 3.5M 0.00 --
Investmentin Financial Assets 6.7M 3.5M -- --
Investmentsin Joint Venturesat Cost 14.9M 23.5M 0.00 --
Line Of Credit 28.6M 0.00 -- --
Long Term Provisions 7.3M -- -- --
Machinery Furniture Equipment 6.2M 4.5M 4.5M --
Non Current Prepaid Assets 181,871 27,944 27,944 9,805
Other Current Borrowings -- 35.7M -- --
Other Properties 2.6M 2.6M 2.7M 2.6M
Taxes Receivable 163,611 69,756 95,890 51,250
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -6.0M -34.2M -20.9M -22.3M
Cash Flow From Continuing Operating Activities -6.0M -34.2M -20.9M -22.3M
Depreciation And Amortization 933,211 778,480 850,699 389,953
Depreciation Amortization Depletion 933,211 778,480 850,699 389,953
Stock Based Compensation 2.0M 1.9M 2.0M 374,771
Change In Working Capital 7.8M -17.5M -1.1M 1.3M
Change In Receivables -3.0M -3.5M -44,640 11,500
Change In Inventory -9.5M -680,358 -- --
Change In Payables And Accrued Expense 11.6M 5.1M -864,477 1.1M
Change In Payable -- 5.1M -864,477 1.1M
Other Non Cash Items 566,498 675,625 2,785 --
Capital Expenditure -111.4M -24.3M -325,292 -11.9M
Purchase Of PPE -111.4M -24.3M -325,292 -11.9M
Net PPE Purchase And Sale -111.4M -24.3M -261,967 -11.9M
Investing Cash Flow -117.5M -24.5M -261,967 -11.9M
Cash Flow From Continuing Investing Activities -117.5M -24.5M -261,967 -11.9M
Issuance Of Debt 24.4M 30.4M 0.00 --
Repayment Of Debt -138,356 -105,894 -50,722 -65,900
Net Issuance Payments Of Debt 24.3M 30.3M -50,722 -65,900
Issuance Of Capital Stock 127.7M 0.00 46.3M 0.00
Net Common Stock Issuance 127.7M 0.00 46.3M 0.00
Financing Cash Flow 145.5M 29.3M 43.1M -65,900
Cash Flow From Continuing Financing Activities 145.5M 29.3M 43.1M -65,900
Effect Of Exchange Rate Changes 2.1M 184,408 888,105 -319,398
Changes In Cash 22.0M -29.3M 21.9M -34.2M
Beginning Cash Position 21.0M 50.1M 27.3M 61.9M
End Cash Position 45.2M 21.0M 50.1M 27.3M
Free Cash Flow -117.4M -58.5M -21.2M -34.2M
Change In Account Payable -- -- -- 1.1M
Change In Prepaid Assets 8.7M -18.4M -183,673 104,641
Common Stock Issuance 127.7M 0.00 46.3M 0.00
Depreciation 933,211 778,480 850,699 389,953
Earnings Losses From Equity Investments 8.6M 7.9M 0.00 --
Gain Loss On Investment Securities -1.7M 4.5M -- --
Gain Loss On Sale Of Business 0.00 -31.3M 0.00 --
Gain Loss On Sale Of PPE 149,916 37,791 100,536 0.00
Long Term Debt Payments -138,356 -105,894 -50,722 -65,900
Net Foreign Currency Exchange Gain Loss -913,613 -346,822 -882,897 377,674
Net Income From Continuing Operations -23.5M -833,513 -21.9M -24.7M
Net Long Term Debt Issuance -138,356 -105,894 -50,722 -65,900
Net Other Financing Charges -6.4M -1.0M -3.3M --
Net Other Investing Changes -6.0M -168,140 -- --
Net Short Term Debt Issuance 24.4M 30.4M 0.00 --
Operating Gains Losses 6.1M -19.2M -782,361 377,674
Proceeds From Stock Option Exercised -- 0.00 130,000 0.00
Sale Of PPE -- 0.00 63,325 0.00
Short Term Debt Issuance 24.4M 30.4M 0.00 --
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