Arizona Sonoran Copper Company Inc.
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 |
| Cost Of Revenue | 66,000 | 63,000 | 84,000 | 75,000 |
| Gross Profit | -66,000 | -63,000 | -84,000 | -75,000 |
| Selling General And Administration | 5.4M | 6.3M | 7.0M | 8.4M |
| General And Administrative Expense | 4.2M | 5.4M | 5.9M | 6.4M |
| Operating Expense | 5.4M | 6.3M | 7.0M | 8.4M |
| Operating Income | -5.5M | -6.4M | -7.0M | -8.5M |
| EBIT | -4.6M | -6.5M | -6.7M | -9.1M |
| Interest Expense | 2.8M | 492,000 | 375,000 | 4.0M |
| Interest Expense Non Operating | 2.8M | 492,000 | 375,000 | 4.0M |
| Interest Income | 600,000 | 911,000 | 316,000 | 11,000 |
| Interest Income Non Operating | 600,000 | 911,000 | 316,000 | 11,000 |
| Net Interest Income | -2.2M | 419,000 | -59,000 | -4.0M |
| Other Income Expense | 276,000 | -1.0M | -15,000 | -608,000 |
| Other Non Operating Income Expenses | 180,000 | 1.4M | 6,000 | 5,000 |
| Special Income Charges | 96,000 | -2.4M | 39,000 | -613,000 |
| Restructuring And Mergern Acquisition | -96,000 | 2.4M | 0.00 | -- |
| Gain On Sale Of Security | -- | -11,000 | -60,000 | -- |
| Pretax Income | -7.4M | -7.0M | -7.1M | -13.1M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -7.4M | -7.0M | -7.1M | -13.1M |
| Net Income From Continuing Operation Net Minority Interest | -7.4M | -7.0M | -7.1M | -13.1M |
| Net Income Including Noncontrolling Interests | -7.4M | -7.0M | -7.1M | -13.1M |
| Net Income Common Stockholders | -7.4M | -7.0M | -7.1M | -13.1M |
| Net Income | -7.4M | -7.0M | -7.1M | -13.1M |
| EBITDA | -4.5M | -6.4M | -6.7M | -9.0M |
| Normalized EBITDA | -4.6M | -4.0M | -6.6M | -8.4M |
| Reconciled Depreciation | 118,000 | 111,000 | 83,000 | 75,000 |
| Basic EPS | -0.06 | -0.07 | -0.09 | -0.29 |
| Diluted EPS | -0.06 | -0.07 | -0.09 | -0.29 |
| Basic Average Shares | 115.1M | 105.5M | 82.3M | 47.0M |
| Diluted Average Shares | 115.1M | 105.5M | 82.3M | 47.0M |
| Total Unusual Items | 96,000 | -2.4M | -21,000 | -613,000 |
| Total Unusual Items Excluding Goodwill | 96,000 | -2.4M | -21,000 | -613,000 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -7.5M | -4.6M | -7.1M | -12.4M |
| Diluted NI Availto Com Stockholders | -7.4M | -7.0M | -7.1M | -13.1M |
| Net Income Continuous Operations | -7.4M | -7.0M | -7.1M | -13.1M |
| Net Non Operating Interest Income Expense | -2.2M | 419,000 | -59,000 | -4.0M |
| Other Gand A | 613,000 | 566,000 | 712,000 | 1.0M |
| Other Special Charges | -- | -- | -39,000 | 613,000 |
| Reconciled Cost Of Revenue | 66,000 | 63,000 | 84,000 | 75,000 |
| Salaries And Wages | 3.6M | 4.8M | 5.2M | 5.4M |
| Selling And Marketing Expense | 1.2M | 959,000 | 1.1M | 2.0M |
| Total Expenses | 5.5M | 6.4M | 7.0M | 8.5M |
| Total Operating Income As Reported | -5.4M | -6.3M | -7.0M | -8.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 31.7M | 10.5M | 19.9M | 27.3M |
| Cash Cash Equivalents And Short Term Investments | 31.7M | 10.5M | 19.9M | 27.3M |
| Cash Financial | 31.7M | 10.5M | 19.9M | 27.3M |
| Accounts Receivable | 123,000 | 10.1M | 70,000 | 400,000 |
| Receivables | 123,000 | 10.1M | 70,000 | 400,000 |
| Prepaid Assets | -- | -- | 90,000 | 118,000 |
| Other Current Assets | 170,000 | 157,000 | 90,000 | 118,000 |
| Current Assets | 32.0M | 20.7M | 20.0M | 27.8M |
| Gross PPE | 99.5M | 90.1M | 47.0M | 24.8M |
| Accumulated Depreciation | -228,000 | -157,000 | -94,000 | -49,000 |
| Net PPE | 99.3M | 90.0M | 46.9M | 24.8M |
| Goodwill And Other Intangible Assets | 4.2M | 3.4M | 2.5M | 1.8M |
| Other Intangible Assets | 4.2M | 3.4M | 2.5M | 1.8M |
| Investments And Advances | -- | 0.00 | 164,000 | 0.00 |
| Total Non Current Assets | 103.4M | 93.4M | 49.6M | 26.6M |
| Total Assets | 135.5M | 114.1M | 69.6M | 54.4M |
| Current Debt | -- | -- | -- | 6.7M |
| Current Debt And Capital Lease Obligation | 16,000 | 64,000 | 48,000 | 6.8M |
| Accounts Payable | 467,000 | 1.2M | 995,000 | 776,000 |
| Payables | 573,000 | 1.3M | 1.0M | 893,000 |
| Payables And Accrued Expenses | 2.6M | 8.3M | 3.5M | 2.5M |
| Current Accrued Expenses | 2.0M | 7.0M | 2.5M | 1.6M |
| Other Current Liabilities | 6.0M | -- | -- | -- |
| Current Liabilities | 8.6M | 8.4M | 3.5M | 9.3M |
| Long Term Debt And Capital Lease Obligation | -- | 3,000 | 67,000 | 115,000 |
| Long Term Capital Lease Obligation | 0.00 | 3,000 | 67,000 | 115,000 |
| Other Non Current Liabilities | 11.5M | 10.5M | -- | 962,000 |
| Total Non Current Liabilities Net Minority Interest | 22.3M | 21.1M | 67,000 | 1.1M |
| Total Liabilities Net Minority Interest | 30.9M | 29.5M | 3.6M | 10.3M |
| Common Stock | 137.4M | 111.2M | 86.0M | 58.7M |
| Capital Stock | 137.4M | 111.2M | 86.0M | 58.7M |
| Additional Paid In Capital | 8.7M | 7.5M | 7.1M | 5.4M |
| Retained Earnings | -41.5M | -34.1M | -27.1M | -20.0M |
| Gains Losses Not Affecting Retained Earnings | -- | -- | -- | 5.4M |
| Common Stock Equity | 104.6M | 84.5M | 66.0M | 44.1M |
| Stockholders Equity | 104.6M | 84.5M | 66.0M | 44.1M |
| Total Equity Gross Minority Interest | 104.6M | 84.5M | 66.0M | 44.1M |
| Total Capitalization | 104.6M | 84.5M | 66.0M | 44.1M |
| Net Tangible Assets | 100.4M | 81.2M | 63.5M | 42.3M |
| Tangible Book Value | 100.4M | 81.2M | 63.5M | 42.3M |
| Working Capital | 23.4M | 12.3M | 16.5M | 18.6M |
| Invested Capital | 104.6M | 84.5M | 66.0M | 50.8M |
| Total Debt | 16,000 | 67,000 | 115,000 | 6.9M |
| Share Issued | 135.5M | 109.1M | 88.8M | 70.8M |
| Ordinary Shares Number | 135.5M | 109.1M | 88.8M | 70.8M |
| Available For Sale Securities | -- | -- | 164,000 | -- |
| Buildings And Improvements | -- | 63,000 | 110,000 | 149,000 |
| Capital Lease Obligations | 16,000 | 67,000 | 115,000 | 149,000 |
| Current Capital Lease Obligation | 16,000 | 64,000 | 48,000 | 34,000 |
| Derivative Product Liabilities | 10.0M | 10.0M | 0.00 | -- |
| Investmentin Financial Assets | -- | 0.00 | 164,000 | 0.00 |
| Land And Improvements | -- | -- | 2.5M | 1.8M |
| Machinery Furniture Equipment | 322,000 | 322,000 | 313,000 | 180,000 |
| Non Current Deferred Liabilities | 785,000 | 620,000 | 0.00 | -- |
| Other Current Borrowings | -- | -- | -- | 6.7M |
| Other Payable | 106,000 | 121,000 | 12,000 | 117,000 |
| Other Properties | 99.2M | 89.8M | 46.6M | 24.5M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -9.7M | -11.5M | -3.6M | -6.4M |
| Cash Flow From Continuing Operating Activities | -9.7M | -11.5M | -3.6M | -6.4M |
| Depreciation And Amortization | -- | 110,000 | -- | -- |
| Depreciation Amortization Depletion | 118,000 | 111,000 | 83,000 | 75,000 |
| Stock Based Compensation | 1.4M | 2.3M | 1.8M | 2.9M |
| Change In Working Capital | -5.8M | -5.7M | 709,000 | 125,000 |
| Change In Receivables | 0.00 | 163,000 | 166,000 | -324,000 |
| Change In Payables And Accrued Expense | -5.8M | -5.8M | 515,000 | -1.5M |
| Other Non Cash Items | 808,000 | -486,000 | 722,000 | 2.9M |
| Capital Expenditure | -21.9M | -27.3M | -29.8M | -1.4M |
| Purchase Of PPE | -21.9M | -27.3M | -29.7M | -1.3M |
| Net PPE Purchase And Sale | -21.9M | -27.3M | -29.7M | -1.3M |
| Investing Cash Flow | -21.9M | -27.3M | -29.8M | -18.6M |
| Cash Flow From Continuing Investing Activities | -21.9M | -27.3M | -29.8M | -18.6M |
| Issuance Of Debt | -- | -- | 0.00 | 6.0M |
| Repayment Of Debt | -64,000 | -64,000 | -48,000 | -138,000 |
| Net Issuance Payments Of Debt | -64,000 | -64,000 | -48,000 | 5.9M |
| Issuance Of Capital Stock | 26.0M | 22.8M | 25.9M | 33.3M |
| Net Common Stock Issuance | 26.0M | 22.8M | 25.9M | 33.3M |
| Financing Cash Flow | 54.0M | 29.5M | 26.1M | 45.0M |
| Cash Flow From Continuing Financing Activities | 54.0M | 29.5M | 26.1M | 45.0M |
| Effect Of Exchange Rate Changes | -1.2M | -82,000 | -180,000 | 121,000 |
| Changes In Cash | 22.4M | -9.3M | -7.3M | 19.9M |
| Beginning Cash Position | 10.5M | 19.9M | 27.3M | 7.2M |
| End Cash Position | 31.7M | 10.5M | 19.9M | 27.3M |
| Free Cash Flow | -31.6M | -38.8M | -33.4M | -7.8M |
| Capital Expenditure Reported | 0.00 | -9,000 | -133,000 | -22,000 |
| Cash Dividends Paid | -- | -- | 0.00 | 0.00 |
| Change In Prepaid Assets | -13,000 | -67,000 | 28,000 | 1.9M |
| Common Stock Issuance | 26.0M | 22.8M | 25.9M | 33.3M |
| Depreciation | -- | 110,000 | -- | -- |
| Interest Paid Cff | -- | -- | 0.00 | -1.1M |
| Long Term Debt Issuance | -- | -- | 0.00 | 6.0M |
| Long Term Debt Payments | -64,000 | -64,000 | -48,000 | -138,000 |
| Net Foreign Currency Exchange Gain Loss | 1.2M | 82,000 | 180,000 | -121,000 |
| Net Income From Continuing Operations | -7.4M | -7.0M | -7.1M | -13.1M |
| Net Long Term Debt Issuance | -64,000 | -64,000 | -48,000 | 5.9M |
| Net Other Financing Charges | 28.0M | 4.9M | -- | 1.7M |
| Net Other Investing Changes | -- | -- | -29.0M | -17.2M |
| Operating Gains Losses | 1.2M | -761,000 | 232,000 | 583,000 |
| Pension And Employee Benefit Expense | 0.00 | -843,000 | 0.00 | -- |
| Proceeds From Stock Option Exercised | 114,000 | 2.0M | 210,000 | 5.1M |