Arizona Sonoran Copper Company Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | -15,000 | 28,000 | 0.00 | 17,000 | 16,000 |
| Gross Profit | 15,000 | -28,000 | 0.00 | -17,000 | -16,000 |
| Selling General And Administration | 1.4M | 1.2M | 1.5M | 1.5M | 1.5M |
| General And Administrative Expense | 988,000 | 856,000 | 1.0M | 1.1M | 1.1M |
| Operating Expense | 1.4M | 1.2M | 1.5M | 1.5M | 1.5M |
| Operating Income | -1.4M | -1.2M | -1.5M | -1.5M | -1.5M |
| EBIT | -1.4M | -234,000 | -1.5M | -1.1M | -1.5M |
| Interest Expense | 1.0M | 69,000 | 111,000 | 1.7M | 313,000 |
| Interest Expense Non Operating | 1.0M | 69,000 | 111,000 | 1.7M | 313,000 |
| Interest Income | 300,000 | 226,000 | 292,000 | 191,000 | 129,000 |
| Interest Income Non Operating | 300,000 | 226,000 | 292,000 | 191,000 | 129,000 |
| Net Interest Income | -749,000 | 988,000 | 342,000 | -1.5M | -184,000 |
| Other Income Expense | -382,000 | -80,000 | -452,000 | 176,000 | -147,000 |
| Other Non Operating Income Expenses | -382,000 | -80,000 | -452,000 | 80,000 | -147,000 |
| Special Income Charges | -- | -- | -- | 96,000 | 0.00 |
| Restructuring And Mergern Acquisition | -- | -- | -- | -96,000 | 0.00 |
| Pretax Income | -2.5M | -303,000 | -1.6M | -2.9M | -1.8M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -2.5M | -303,000 | -1.6M | -2.9M | -1.8M |
| Net Income From Continuing Operation Net Minority Interest | -2.5M | -303,000 | -1.6M | -2.9M | -1.8M |
| Net Income Including Noncontrolling Interests | -2.5M | -303,000 | -1.6M | -2.9M | -1.8M |
| Net Income Common Stockholders | -2.5M | -303,000 | -1.6M | -2.9M | -1.8M |
| Net Income | -2.5M | -303,000 | -1.6M | -2.9M | -1.8M |
| EBITDA | -1.4M | -191,000 | -1.5M | -1.1M | -1.5M |
| Normalized EBITDA | -1.4M | -191,000 | -1.5M | -1.2M | -1.5M |
| Reconciled Depreciation | -38,000 | 43,000 | 5,000 | 28,000 | 32,000 |
| Basic EPS | -0.01 | 0.00 | -0.01 | -- | -0.02 |
| Diluted EPS | -0.01 | 0.00 | -0.01 | -- | -0.02 |
| Basic Average Shares | 178.3M | 151.5M | 144.0M | -- | 109.5M |
| Diluted Average Shares | 178.3M | 151.5M | 144.0M | -- | 109.5M |
| Total Unusual Items | -- | -- | -- | 96,000 | 0.00 |
| Total Unusual Items Excluding Goodwill | -- | -- | -- | 96,000 | 0.00 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -2.5M | -303,000 | -1.6M | -3.0M | -1.8M |
| Diluted NI Availto Com Stockholders | -2.5M | -303,000 | -1.6M | -2.9M | -1.8M |
| Net Income Continuous Operations | -2.5M | -303,000 | -1.6M | -2.9M | -1.8M |
| Net Non Operating Interest Income Expense | -749,000 | 988,000 | 342,000 | -1.5M | -184,000 |
| Other Gand A | 276,000 | 252,000 | 26,000 | 139,000 | 183,000 |
| Reconciled Cost Of Revenue | -15,000 | 28,000 | 0.00 | 17,000 | 16,000 |
| Salaries And Wages | 712,000 | 604,000 | 1.0M | 979,000 | 949,000 |
| Selling And Marketing Expense | 384,000 | 327,000 | 449,000 | 364,000 | 362,000 |
| Total Expenses | 1.4M | 1.2M | 1.5M | 1.5M | 1.5M |
| Total Operating Income As Reported | -- | -- | -- | -- | -- |
| Total Other Finance Cost | -- | -831,000 | -161,000 | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 44.4M | 58.7M | 31.4M | 31.7M | 8.5M |
| Cash Cash Equivalents And Short Term Investments | 44.4M | 58.7M | 31.4M | 31.7M | 8.5M |
| Cash Financial | 44.4M | 58.7M | 31.4M | 31.7M | -- |
| Accounts Receivable | 151,000 | 119,000 | 147,000 | 123,000 | 31,000 |
| Receivables | 151,000 | 119,000 | 147,000 | 123,000 | 31,000 |
| Other Current Assets | 589,000 | 568,000 | 626,000 | 170,000 | 344,000 |
| Current Assets | 45.1M | 59.4M | 32.2M | 32.0M | 8.9M |
| Gross PPE | 131.7M | 131.9M | 112.7M | 99.5M | 93.8M |
| Accumulated Depreciation | -243,000 | -- | -- | -228,000 | -211,000 |
| Net PPE | 131.4M | 131.9M | 112.7M | 99.3M | 93.6M |
| Goodwill And Other Intangible Assets | 102.5M | -- | -- | 4.2M | 4.2M |
| Other Intangible Assets | 102.5M | -- | -- | 4.2M | 4.2M |
| Total Non Current Assets | 234.0M | 131.9M | 112.7M | 103.4M | 97.8M |
| Total Assets | 279.1M | 191.2M | 145.0M | 135.5M | 106.6M |
| Current Debt And Capital Lease Obligation | 16,000 | 32,000 | 47,000 | 16,000 | 29,000 |
| Accounts Payable | 2.6M | 1.3M | 845,000 | 467,000 | 894,000 |
| Payables | 2.8M | 1.3M | 933,000 | 573,000 | 1.0M |
| Payables And Accrued Expenses | 4.0M | 12.2M | 3.1M | 2.6M | 1.5M |
| Current Accrued Expenses | 1.3M | 10.9M | 2.2M | 2.0M | 454,000 |
| Other Current Liabilities | 5.9M | 1.2M | -- | 6.0M | 7.1M |
| Current Liabilities | 10.0M | 13.5M | 3.2M | 8.6M | 8.7M |
| Long Term Capital Lease Obligation | -- | -- | -- | 0.00 | 0.00 |
| Other Non Current Liabilities | 97.9M | 11.6M | 11.5M | 11.5M | 5.3M |
| Total Non Current Liabilities Net Minority Interest | 109.5M | 23.1M | 22.9M | 22.3M | 16.2M |
| Total Liabilities Net Minority Interest | 119.5M | 36.5M | 26.1M | 30.9M | 24.8M |
| Common Stock | 195.9M | 188.3M | 152.4M | 137.4M | 111.5M |
| Capital Stock | 195.9M | 188.3M | 152.4M | 137.4M | 111.5M |
| Additional Paid In Capital | 9.9M | 9.8M | 9.6M | 8.7M | 8.9M |
| Retained Earnings | -46.2M | -43.4M | -43.1M | -41.5M | -38.7M |
| Common Stock Equity | 159.6M | 154.7M | 118.9M | 104.6M | 81.8M |
| Stockholders Equity | 159.6M | 154.7M | 118.9M | 104.6M | 81.8M |
| Total Equity Gross Minority Interest | 159.6M | 154.7M | 118.9M | 104.6M | 81.8M |
| Total Capitalization | 159.6M | 154.7M | 118.9M | 104.6M | 81.8M |
| Net Tangible Assets | 57.1M | 154.7M | 118.9M | 100.4M | 77.6M |
| Tangible Book Value | 57.1M | 154.7M | 118.9M | 100.4M | 77.6M |
| Working Capital | 35.1M | 45.9M | 29.0M | 23.4M | 196,000 |
| Invested Capital | 159.6M | 154.7M | 118.9M | 104.6M | 81.8M |
| Total Debt | 16,000 | 32,000 | 47,000 | 16,000 | 29,000 |
| Share Issued | 179.7M | 174.6M | 148.5M | 135.5M | 109.6M |
| Ordinary Shares Number | 179.7M | 174.6M | 148.5M | 135.5M | 109.6M |
| Capital Lease Obligations | 16,000 | 32,000 | 47,000 | 16,000 | 29,000 |
| Current Capital Lease Obligation | 16,000 | 32,000 | 47,000 | 16,000 | 29,000 |
| Derivative Product Liabilities | 10.0M | 10.0M | 10.0M | 10.0M | 10.0M |
| Machinery Furniture Equipment | 340,000 | -- | -- | 322,000 | 322,000 |
| Non Current Deferred Liabilities | 1.6M | 1.5M | 1.4M | 785,000 | 865,000 |
| Other Payable | 121,000 | 74,000 | 88,000 | 106,000 | 155,000 |
| Other Properties | 131.3M | 131.9M | 112.7M | 99.2M | 93.5M |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -112,000 | -108,000 | -1.3M | -1.1M | -838,000 |
| Cash Flow From Continuing Operating Activities | -112,000 | -108,000 | -1.3M | -1.1M | -839,000 |
| Depreciation Amortization Depletion | -38,000 | 43,000 | 5,000 | 28,000 | 32,000 |
| Stock Based Compensation | 286,000 | 332,000 | 854,000 | -450,000 | 713,000 |
| Change In Working Capital | 1.8M | -915,000 | 64,000 | 1.2M | -19,000 |
| Change In Receivables | 0.00 | 0.00 | 0.00 | -49,000 | 0.00 |
| Change In Payables And Accrued Expense | 1.9M | -973,000 | 520,000 | 1.0M | -140,000 |
| Change In Payable | -- | -- | -- | -- | -- |
| Other Non Cash Items | 392,000 | 149,000 | 667,000 | -168,000 | 277,000 |
| Capital Expenditure | -24.6M | -7.9M | -15.3M | -6.2M | -4.5M |
| Purchase Of PPE | -24.5M | -7.9M | -15.3M | -6.2M | -4.5M |
| Net PPE Purchase And Sale | -21.3M | -7.9M | -15.3M | -6.2M | -4.5M |
| Investing Cash Flow | -21.4M | -7.9M | -15.3M | -6.2M | -4.5M |
| Cash Flow From Continuing Investing Activities | -21.4M | -7.9M | -15.3M | -6.2M | -4.5M |
| Repayment Of Debt | -16,000 | -16,000 | -16,000 | -16,000 | -16,000 |
| Net Issuance Payments Of Debt | -16,000 | -16,000 | -16,000 | -16,000 | -16,000 |
| Issuance Of Capital Stock | 7.1M | 35.7M | 15.0M | 26.0M | 0.00 |
| Net Common Stock Issuance | 7.1M | 35.7M | 15.0M | 26.0M | 0.00 |
| Financing Cash Flow | 7.4M | 35.8M | 15.0M | 31.7M | 2.7M |
| Cash Flow From Continuing Financing Activities | 7.4M | 35.8M | 15.0M | 31.7M | 2.7M |
| Effect Of Exchange Rate Changes | -192,000 | -586,000 | 1.3M | -- | 0.00 |
| Changes In Cash | -14.1M | 27.8M | -1.6M | 24.4M | -2.5M |
| Beginning Cash Position | 58.7M | 31.4M | 31.7M | 8.5M | 11.0M |
| End Cash Position | 44.4M | 58.7M | 31.4M | 31.7M | 8.5M |
| Free Cash Flow | -24.7M | -8.0M | -16.6M | -7.3M | -5.3M |
| Capital Expenditure Reported | -- | -- | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | -- | -- | -- | -- | -- |
| Change In Prepaid Assets | -21,000 | 58,000 | -456,000 | 174,000 | 121,000 |
| Common Stock Issuance | 7.1M | 35.7M | 15.0M | 26.0M | 0.00 |
| Long Term Debt Payments | -16,000 | -16,000 | -16,000 | -16,000 | -16,000 |
| Net Foreign Currency Exchange Gain Loss | 192,000 | 586,000 | -1.3M | -- | 0.00 |
| Net Income From Continuing Operations | -2.8M | -303,000 | -1.6M | -2.9M | -1.8M |
| Net Long Term Debt Issuance | -16,000 | -16,000 | -16,000 | -16,000 | -16,000 |
| Net Other Financing Charges | -- | -- | -- | 5.6M | 2.8M |
| Operating Gains Losses | 192,000 | 586,000 | -1.3M | -- | -- |
| Pension And Employee Benefit Expense | -- | -- | -- | 0.00 | 0.00 |
| Proceeds From Stock Option Exercised | 262,000 | 134,000 | 0.00 | 156,000 | -33,000 |