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Artemis Gold Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 913.9M 0.00 0.00 0.00 0.00
Operating Revenue 913.9M 0.00 0.00 0.00 0.00
Cost Of Revenue 243.3M 0.00 679,377 412,254 340,641
Gross Profit 670.7M 0.00 -679,377 -412,254 -340,641
Selling General And Administration 19.9M 16.7M 12.8M 12.3M 9.8M
General And Administrative Expense 19.9M 16.7M 12.8M 12.3M 9.8M
Depreciation And Amortization In Income Statement 631,000 681,000 -- -- --
Other Operating Expenses 1.0M 414,000 832,740 481,294 676,597
Operating Expense 21.5M 17.7M 13.6M 12.8M 10.5M
Operating Income 649.1M -17.7M -14.3M -13.2M -10.8M
EBIT 581.5M -31.4M -11.3M -21.6M -13.6M
Interest Expense 47.9M 68,000 110,176 72,545 81,921
Interest Expense Non Operating 47.9M 68,000 110,176 72,545 81,921
Interest Income 1.4M 0.00 3.5M 3.0M 722,305
Interest Income Non Operating 1.4M 0.00 3.5M 3.0M 722,305
Net Interest Income -62.8M -68,000 3.4M 3.0M 640,384
Other Income Expense -52.8M -13.6M -590,749 -11.4M -3.6M
Special Income Charges -- -- 0.00 -9.9M 0.00
Write Off -- -- 0.00 9.9M 0.00
Gain On Sale Of Security -52.3M -13.2M -- -644,119 -2.9M
Earnings From Equity Interest -522,000 -470,000 -590,749 -893,189 -701,729
Pretax Income 533.5M -31.4M -11.4M -21.6M -13.7M
Tax Provision 184.4M 0.00 -- -- 0.00
Tax Effect Of Unusual Items -18.1M 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation 349.2M -31.4M -11.4M -21.6M -13.7M
Net Income From Continuing Operation Net Minority Interest 349.2M -31.4M -11.4M -21.6M -13.7M
Net Income Including Noncontrolling Interests 349.2M -31.4M -11.4M -21.6M -13.7M
Net Income Common Stockholders 349.2M -31.4M -11.4M -21.6M -13.7M
Net Income 349.2M -31.4M -11.4M -21.6M -13.7M
EBITDA 614.6M -30.7M -10.7M -21.1M -13.3M
Normalized EBITDA 666.8M -17.5M -10.7M -10.6M -10.4M
Reconciled Depreciation 33.1M 681,000 679,377 412,254 340,641
Basic EPS 1.52 -0.15 -0.06 -0.13 -0.10
Diluted EPS 1.48 -0.15 -0.06 -0.13 -0.10
Basic Average Shares 229.3M 211.5M 196.6M 162.5M 142.2M
Diluted Average Shares 236.3M 211.5M 196.6M 162.5M 142.2M
Total Unusual Items -52.3M -13.2M 0.00 -10.5M -2.9M
Total Unusual Items Excluding Goodwill -52.3M -13.2M 0.00 -10.5M -2.9M
Tax Rate For Calcs 0.35 0.00 0.00 0.00 0.00
Normalized Income 383.4M -18.3M -11.4M -11.1M -10.9M
Depreciation Amortization Depletion Income Statement 631,000 681,000 -- -- --
Depreciation Income Statement 631,000 681,000 -- -- --
Diluted NI Availto Com Stockholders 349.2M -31.4M -11.4M -21.6M -13.7M
Insurance And Claims 1.6M 1.6M 2.1M 1.4M 864,495
Net Income Continuous Operations 349.2M -31.4M -11.4M -21.6M -13.7M
Net Non Operating Interest Income Expense -62.8M -68,000 3.4M 3.0M 640,384
Other Gand A 2.3M 1.4M 1.2M 736,601 1.1M
Reconciled Cost Of Revenue 210.8M 0.00 679,377 412,254 340,641
Salaries And Wages 16.0M 13.6M 9.5M 10.1M 7.8M
Total Expenses 264.8M 17.7M 14.3M 13.2M 10.8M
Total Operating Income As Reported -- -17.3M -14.0M -13.1M -10.7M
Total Other Finance Cost 16.3M -- -- -- --
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 168.1M 28.3M 156.6M 194.1M 131.4M
Cash Cash Equivalents And Short Term Investments 168.1M 28.3M 156.6M 194.1M 132.5M
Other Short Term Investments -- -- -- 0.00 1.1M
Accounts Receivable 13.3M 3.8M 10.2M 3.0M 651,139
Receivables 13.3M 3.8M 10.2M 3.0M 651,139
Inventory 31.3M 0.00 -- -- --
Current Assets 225.9M 52.8M 166.8M 197.1M 133.1M
Gross PPE 2.2B 1.7B 908.8M 438.0M 314.6M
Accumulated Depreciation -112.2M -19.6M -4.7M -2.3M -1.3M
Net PPE 2.1B 1.6B 904.1M 435.7M 313.3M
Investments And Advances 6.6M 7.1M 7.6M 8.2M 19.6M
Long Term Equity Investment 6.6M 7.1M 7.6M 8.2M 19.6M
Other Non Current Assets 157.6M -- 15.1M 4.7M 824,300
Total Non Current Assets 2.2B 1.7B 953.9M 459.7M 336.7M
Total Assets 2.5B 1.7B 1.1B 656.8M 469.8M
Current Debt -- 151.6M -- -- --
Current Debt And Capital Lease Obligation 26.5M 160.5M 1.4M 679,992 361,871
Accounts Payable 164.6M 120.8M -- -- 5.1M
Payables 173.6M 120.8M -- -- 5.1M
Payables And Accrued Expenses 173.6M 120.8M 52.8M 24.6M 5.1M
Current Deferred Revenue 13.7M 10.9M 2.9M 0.00 --
Other Current Liabilities 65.8M 13.2M -- -- --
Current Liabilities 279.7M 306.6M 57.0M 25.3M 5.4M
Long Term Debt 450.1M 325.9M 143.5M -- --
Long Term Debt And Capital Lease Obligation 566.8M 449.6M 163.5M 1.0M 880,308
Long Term Capital Lease Obligation 116.6M 123.7M 20.0M 1.0M 880,308
Other Non Current Liabilities 4.9M 2.1M -- -- --
Total Non Current Liabilities Net Minority Interest 1.2B 809.0M 482.4M 54.0M 45.0M
Total Liabilities Net Minority Interest 1.5B 1.1B 539.4M 79.3M 50.5M
Common Stock 684.2M 631.0M 599.9M 589.3M 417.3M
Capital Stock 684.2M 631.0M 599.9M 589.3M 417.3M
Additional Paid In Capital 50.9M 32.1M 22.3M 17.5M 10.1M
Retained Earnings 273.3M -75.9M -44.4M -33.0M -11.4M
Gains Losses Not Affecting Retained Earnings 3.6M 3.6M 3.6M 3.6M 3.4M
Other Equity Adjustments 3.6M 3.6M 3.6M 3.6M 3.4M
Common Stock Equity 1.0B 590.9M 581.4M 577.4M 419.3M
Stockholders Equity 1.0B 590.9M 581.4M 577.4M 419.3M
Total Equity Gross Minority Interest 1.0B 590.9M 581.4M 577.4M 419.3M
Total Capitalization 1.5B 916.7M 724.9M 577.4M 419.3M
Net Tangible Assets 1.0B 590.9M 581.4M 577.4M 419.3M
Tangible Book Value 1.0B 590.9M 581.4M 577.4M 419.3M
Working Capital -53.8M -253.8M 109.8M 171.8M 127.7M
Invested Capital 1.5B 1.1B 724.9M 577.4M 419.3M
Total Debt 593.3M 610.1M 164.8M 1.7M 1.2M
Net Debt 282.0M 449.2M -- -- --
Share Issued 231.5M 225.3M 198.7M 193.2M 154.0M
Ordinary Shares Number 231.5M 225.3M 198.7M 193.2M 154.0M
Capital Lease Obligations 143.2M 132.6M 21.3M 1.7M 1.2M
Construction In Progress 178.3M 778.0M 388.6M 46.4M 0.00
Current Capital Lease Obligation 26.5M 8.9M 1.4M 679,992 361,871
Current Deferred Liabilities 13.7M 10.9M 2.9M 0.00 --
Current Provisions -- 1.3M -- -- --
Income Tax Payable 9.0M 0.00 -- -- --
Investments In Other Ventures Under Equity Method -- -- -- -- 19.6M
Investmentsin Associatesat Cost 6.6M 7.1M 7.6M 8.2M 19.6M
Long Term Provisions 118.7M 45.0M 24.2M 11.3M 7.3M
Machinery Furniture Equipment -- -- 280,672 280,672 114,141
Non Current Deferred Assets 13.4M 2.0M 12.0M 11.1M 3.0M
Non Current Deferred Liabilities 487.7M 258.6M 247.4M 0.00 --
Non Current Deferred Revenue 311.0M 258.6M 247.4M 0.00 --
Non Current Deferred Taxes Assets 11.5M 0.00 -- -- --
Non Current Deferred Taxes Liabilities 176.7M 0.00 -- -- --
Non Current Prepaid Assets -- 1.2M 15.2M 0.00 --
Other Current Borrowings -- 151.6M -- -- --
Other Properties 802.2M 143.9M 31.2M 10.2M 8.6M
Restricted Cash 13.3M 20.8M 0.00 -- --
Total Tax Payable 9.0M 0.00 -- -- --
Tradeand Other Payables Non Current 0.00 53.6M 47.3M 41.7M 36.8M
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 560.7M -8.8M -8.5M -6.1M -5.7M
Cash Flow From Continuing Operating Activities 560.7M -8.8M -8.5M -6.1M -5.7M
Depreciation And Amortization 33.1M 681,000 679,377 412,254 340,641
Depreciation Amortization Depletion 33.1M 681,000 679,377 412,254 340,641
Stock Based Compensation 18.1M 8.0M 4.5M 5.1M 4.6M
Deferred Tax 169.4M 0.00 -- -- 0.00
Deferred Income Tax 169.4M 0.00 -- -- 0.00
Change In Working Capital -47.4M -158,000 317,957 1.6M 73,519
Changes In Account Receivables -- -- -- -128,670 192,375
Change In Receivables -9.6M 500,000 -384,778 -128,670 192,375
Change In Inventory -128.3M 0.00 -- -- --
Change In Payables And Accrued Expense 90.6M -658,000 702,735 1.7M -118,856
Change In Payable 90.6M -658,000 -- 1.7M -118,856
Other Non Cash Items -3.8M 482,000 -3.1M -2.9M 232,112
Capital Expenditure -401.4M -484.0M -396.4M -96.9M -83.6M
Purchase Of PPE -401.4M -484.0M -396.4M -96.9M -83.6M
Net PPE Purchase And Sale -401.4M -484.0M -396.4M -96.9M -83.6M
Purchase Of Business -- -- -- -- 0.00
Sale Of Investment 0.00 31.8M 0.00 1.4M 3.3M
Net Investment Purchase And Sale 0.00 31.8M 0.00 1.4M 3.3M
Investing Cash Flow -392.0M -453.1M -418.4M -96.8M -79.7M
Cash Flow From Continuing Investing Activities -392.0M -453.1M -418.4M -96.8M -79.7M
Issuance Of Debt 498.0M 315.0M 150.0M 0.00 --
Repayment Of Debt -562.9M -5.6M -1.3M -361,871 -296,529
Net Issuance Payments Of Debt -64.9M 309.4M 148.7M -361,871 -296,529
Issuance Of Capital Stock -- -- 0.00 175.0M 171.1M
Net Common Stock Issuance -- -- 0.00 175.0M 171.1M
Financing Cash Flow -28.9M 333.6M 389.4M 165.6M 164.9M
Cash Flow From Continuing Financing Activities -28.9M 333.6M 389.4M 165.6M 164.9M
Changes In Cash 139.8M -128.3M -37.5M 62.7M 79.5M
Beginning Cash Position 28.3M 156.6M 194.1M 131.4M 51.8M
End Cash Position 168.1M 28.3M 156.6M 194.1M 131.4M
Free Cash Flow 159.3M -492.8M -404.9M -103.0M -89.4M
Asset Impairment Charge -- -- 0.00 9.9M 0.00
Cash Dividends Paid 0.00 0.00 0.00 -- --
Change In Account Payable 75.6M -658,000 -- 1.7M -118,856
Change In Income Tax Payable 15.0M 0.00 -- -- --
Change In Tax Payable 15.0M 0.00 -- -- --
Common Stock Issuance -- -- 0.00 175.0M 171.1M
Depreciation 33.1M 681,000 679,377 412,254 340,641
Earnings Losses From Equity Investments 522,000 470,000 590,749 893,189 701,729
Gain Loss On Investment Securities 41.7M 13.2M -- 644,119 2.1M
Interest Paid Cff -29.1M -5.0M 0.00 -- --
Interest Received Cfi 1.9M 4.7M 3.6M 2.6M 949,930
Long Term Debt Issuance 498.0M 315.0M 150.0M 0.00 --
Long Term Debt Payments -562.9M -5.6M -1.3M -361,871 -296,529
Net Business Purchase And Sale -- -- -- -- 0.00
Net Income From Continuing Operations 349.2M -31.4M -11.4M -21.6M -13.7M
Net Long Term Debt Issuance -64.9M 309.4M 148.7M -361,871 -296,529
Net Other Financing Charges 32.7M -930,000 232.1M -9.4M -7.8M
Net Other Investing Changes 7.5M -5.6M -25.6M -3.9M -283,500
Operating Gains Losses 42.3M 13.6M 590,749 1.5M 2.8M
Proceeds From Stock Option Exercised 32.4M 30.2M 8.6M 378,600 1.9M
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