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Asante Gold Corporation

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Jan 31, 2025 FY 2024Jan 31, 2024 FY 2023Jan 31, 2023 FY 2022Jan 31, 2022
Total Revenue 458.9M 426.1M 205.2M 0.00
Operating Revenue 458.9M 426.1M 205.2M 0.00
Cost Of Revenue 472.2M 532.0M 265.9M 0.00
Gross Profit -13.3M -105.8M -60.7M 0.00
Selling General And Administration 38.8M 31.5M 37.7M 6.0M
General And Administrative Expense 37.8M 30.7M 37.0M 5.9M
Other Operating Expenses -- -- 4.1M 403,570
Operating Expense 38.8M 31.5M 37.7M 7.3M
Operating Income -52.1M -137.3M -98.4M -7.3M
EBIT -52.9M -143.6M -124.7M -6.7M
Interest Expense 22.6M 22.8M 7.2M 88,550
Interest Expense Non Operating 22.6M 22.8M 7.2M 88,550
Net Interest Income -22.6M -22.8M -7.2M -88,550
Other Income Expense -827,000 -6.3M -26.3M 680,192
Other Non Operating Income Expenses -- -3.3M -2.5M --
Special Income Charges 13.7M -3.6M 383,256 -94,036
Restructuring And Mergern Acquisition 3.0M 3.6M 0.00 --
Gain On Sale Of Security -14.5M 633,000 -24.1M 774,228
Pretax Income -75.5M -166.4M -131.9M -6.7M
Tax Provision 3.0M -63.2M 9.0M 0.00
Tax Effect Of Unusual Items -124,050 -1.1M -9.5M 0.00
Net Income From Continuing And Discontinued Operation -75.2M -97.4M -132.3M -6.6M
Net Income From Continuing Operation Net Minority Interest -75.2M -97.4M -132.3M -6.6M
Net Income Including Noncontrolling Interests -78.5M -103.2M -140.8M -6.7M
Minority Interests 3.3M 5.8M 8.5M 101,088
Net Income Common Stockholders -75.2M -97.4M -132.3M -6.6M
Net Income -75.2M -97.4M -132.3M -6.6M
EBITDA 52.3M -22.4M -66.3M -5.7M
Normalized EBITDA 53.1M -19.5M -42.5M -6.4M
Reconciled Depreciation 105.2M 121.2M 58.4M 918,416
Basic EPS -0.16 -0.23 -0.40 -0.04
Diluted EPS -0.16 -0.23 -0.40 -0.04
Basic Average Shares 458.3M 430.5M 334.5M 179.4M
Diluted Average Shares 458.3M 430.5M 334.5M 179.4M
Total Unusual Items -827,000 -2.9M -23.7M 680,192
Total Unusual Items Excluding Goodwill -827,000 -2.9M -23.7M 680,192
Tax Rate For Calcs 0.15 0.38 0.40 0.00
Normalized Income -74.5M -95.6M -118.1M -7.3M
Depreciation Amortization Depletion Income Statement -- -- 0.00 918,416
Diluted NI Availto Com Stockholders -75.2M -97.4M -132.3M -6.6M
Gain On Sale Of Ppe -157,000 0.00 0.00 -94,036
Insurance And Claims 2.6M 2.3M -- --
Net Income Continuous Operations -78.5M -103.2M -140.8M -6.7M
Net Non Operating Interest Income Expense -22.6M -22.8M -7.2M -88,550
Other Gand A 28.9M 25.6M 19.8M 2.6M
Other Special Charges -16.8M -- -383,256 --
Reconciled Cost Of Revenue 472.2M 532.0M 265.9M 0.00
Salaries And Wages 6.3M 2.7M 17.1M 3.2M
Selling And Marketing Expense 957,000 806,000 765,765 154,375
Total Expenses 511.0M 563.4M 303.6M 7.3M
Total Operating Income As Reported -52.1M -137.3M -81.3M --
Line Item FY 2025Jan 31, 2025 FY 2024Jan 31, 2024 FY 2023Jan 31, 2023 FY 2022Jan 31, 2022
Cash And Cash Equivalents 26.0M 1.6M 2.1M 4.6M
Cash Cash Equivalents And Short Term Investments 27.4M 4.0M 6.8M 10.5M
Cash Financial 26.0M 1.6M 2.1M 4.6M
Other Short Term Investments 1.4M 2.4M 4.7M 5.9M
Accounts Receivable 1.2M 4.6M 10.5M 75,229
Receivables 1.2M 5.2M 10.5M 75,229
Inventory 79.7M 53.8M 62.6M 0.00
Prepaid Assets 20.6M 18.4M 9.0M 6.1M
Current Assets 128.9M 95.8M 112.7M 16.6M
Gross PPE 859.5M 759.9M 607.0M 84.0M
Accumulated Depreciation -292.6M -193.8M -68.7M -951,329
Net PPE 566.9M 566.1M 607.0M 83.1M
Other Non Current Assets 8.2M 15.4M 8.2M 4.3M
Total Non Current Assets 592.2M 587.7M 619.6M 161.2M
Total Assets 721.1M 683.5M 732.3M 177.8M
Current Debt 17.9M 43.8M 35.2M 1.5M
Current Debt And Capital Lease Obligation 17.9M 43.8M 35.2M 1.5M
Accounts Payable 180.0M 153.0M 245.2M 7.3M
Payables 223.1M 168.3M 245.2M 9.7M
Payables And Accrued Expenses 293.6M 304.7M 245.2M 10.9M
Current Accrued Expenses 70.5M 136.4M 115.5M 1.2M
Current Deferred Revenue 246.9M 158.5M 146.7M 58.5M
Other Current Liabilities 20.4M 13.2M 106.1M 25.2M
Current Liabilities 579.1M 520.5M 533.5M 95.7M
Long Term Debt -- 5.8M -- --
Long Term Debt And Capital Lease Obligation -- 5.8M -- --
Other Non Current Liabilities -- -- -- 381,629
Total Non Current Liabilities Net Minority Interest 107.2M 120.4M 99.7M 8.5M
Total Liabilities Net Minority Interest 686.3M 640.9M 633.2M 104.2M
Common Stock 282.9M 230.8M 192.2M 72.0M
Capital Stock 282.9M 230.8M 192.2M 72.0M
Retained Earnings -320.9M -245.7M -148.3M -13.0M
Gains Losses Not Affecting Retained Earnings 20.4M 7.4M 6.9M 561,080
Other Equity Adjustments 20.4M 7.4M 6.9M 561,080
Common Stock Equity 17.7M 22.1M 72.8M 64.1M
Stockholders Equity 17.7M 22.1M 72.8M 64.1M
Total Equity Gross Minority Interest 34.8M 42.5M 99.1M 73.5M
Minority Interest 17.1M 20.4M 26.3M 9.4M
Total Capitalization 17.7M 27.9M 72.8M 64.1M
Net Tangible Assets 17.7M 22.1M 72.8M 64.1M
Tangible Book Value 17.7M 22.1M 72.8M 64.1M
Working Capital -450.2M -424.8M -420.8M -79.1M
Invested Capital 35.6M 71.7M 108.0M 64.1M
Total Debt 17.9M 49.6M 35.2M 1.5M
Net Debt -- 48.1M 33.1M --
Share Issued 501.1M 445.1M 378.1M 253.7M
Ordinary Shares Number 501.1M 445.1M 378.1M 253.7M
Construction In Progress 24.5M 10.6M 4.8M 0.00
Current Deferred Liabilities 246.9M 158.5M 146.7M 58.5M
Current Deferred Taxes Liabilities -- -- -- 22.4M
Current Provisions 215,000 248,000 255,000 1.1M
Dueto Related Parties Current 3.3M 3.8M 2.4M 1.6M
Dueto Related Parties Non Current -- -- -- 0.00
Finished Goods 21.7M 17.6M 28.0M --
Investment Properties -- -- 0.00 73.1M
Line Of Credit 17.9M -- -- --
Long Term Provisions 74.0M 68.8M 63.9M 8.2M
Machinery Furniture Equipment 6.4M 8.1M 7.1M 731,128
Non Current Accounts Receivable -- 375,000 -- --
Non Current Deferred Liabilities 33.2M 45.8M 35.8M 0.00
Non Current Deferred Revenue 0.00 0.00 35.8M 0.00
Non Current Deferred Taxes Liabilities 33.2M 45.8M 0.00 --
Non Current Note Receivables 263,000 271,000 271,000 89,334
Non Current Prepaid Assets 16.8M 5.5M 4.1M 554,027
Other Current Borrowings -- -- 47.0M 1.5M
Other Equity Interest 35.3M 29.7M 22.1M 4.5M
Other Properties 497,000 47,000 47,067 47,018
Other Receivables -- 500,000 -- --
Raw Materials 58.1M 36.2M 34.4M --
Restricted Cash 0.00 14.4M 23.9M 0.00
Taxes Receivable 63,000 71,000 6.8M --
Total Tax Payable 39.7M 11.5M 15.6M 846,322
Tradeand Other Payables Non Current -- -- -- 0.00
Line Item FY 2025Jan 31, 2025 FY 2024Jan 31, 2024 FY 2023Jan 31, 2023 FY 2022Jan 31, 2022
Operating Cash Flow 158.6M 54.0M 183.9M -1.8M
Cash Flow From Continuing Operating Activities 158.6M 54.0M 183.9M -1.8M
Depreciation And Amortization -- -- -- 918,333
Depreciation Amortization Depletion 105.2M 121.2M 58.4M 918,416
Stock Based Compensation 6.3M 2.7M 17.1M 3.2M
Deferred Tax -12.6M 39.9M 0.00 --
Deferred Income Tax -12.6M 39.9M 0.00 --
Change In Working Capital 81.2M -68.3M 232.5M 1.5M
Changes In Account Receivables -6.6M 3.5M 1.5M -71,310
Change In Receivables -5.7M 2.6M 1.5M -144,972
Change In Inventory -55.4M -8.3M -5.9M 0.00
Change In Payables And Accrued Expense 24.2M -28.3M 191.1M 8.0M
Change In Payable 24.2M -28.3M 191.1M 8.0M
Change In Other Working Capital 120.1M -28.6M 49.9M --
Change In Other Current Liabilities -- -- -- -73,749
Other Non Cash Items 8.8M 35.6M 9.3M 88,550
Capital Expenditure -121.6M -84.6M -164.6M -24.8M
Purchase Of PPE -78.3M -52.7M -75.1M -24.8M
Net PPE Purchase And Sale -78.3M -52.7M -75.1M -24.8M
Purchase Of Business -- 0.00 -44.8M -29.8M
Sale Of Business -- -- 12.9M 469,395
Purchase Of Investment -- 0.00 -2.2M -5.0M
Net Investment Purchase And Sale -- 0.00 -2.2M -5.0M
Investing Cash Flow -131.6M -93.0M -278.1M -59.1M
Cash Flow From Continuing Investing Activities -131.6M -93.0M -278.1M -59.1M
Issuance Of Debt 9.8M 63.1M 38.4M 0.00
Repayment Of Debt -44.6M -52.5M -3.7M -34,480
Net Issuance Payments Of Debt -34.8M 10.6M 34.7M -34,480
Issuance Of Capital Stock 11.0M 20.3M 76.4M 64.0M
Net Common Stock Issuance 11.0M 20.3M 76.4M 64.0M
Financing Cash Flow -4.0M 38.4M 89.6M 64.5M
Cash Flow From Continuing Financing Activities -4.0M 38.4M 89.6M 64.5M
Effect Of Exchange Rate Changes 1.4M 88,000 2.3M 603,396
Changes In Cash 23.0M -641,000 -4.6M 3.6M
Beginning Cash Position 1.6M 2.1M 4.4M 375,359
End Cash Position 26.0M 1.6M 2.1M 4.6M
Free Cash Flow 37.0M -30.6M 19.3M -26.6M
Income Tax Paid Supplemental Data 398,000 0.00 0.00 0.00
Interest Paid Supplemental Data 2.2M 4.9M 478,884 0.00
Capital Expenditure Reported -43.3M -31.8M -89.5M 0.00
Change In Account Payable -- -- 190.2M 8.3M
Change In Prepaid Assets -2.1M -5.8M -4.0M -6.4M
Common Stock Issuance 11.0M 20.3M 76.4M 64.0M
Depreciation -- -- -- 918,333
Gain Loss On Sale Of PPE 157,000 0.00 0.00 94,036
Long Term Debt Issuance 9.8M 63.1M 38.4M --
Long Term Debt Payments -44.6M -52.5M -3.7M --
Net Business Purchase And Sale -- 0.00 -44.8M -29.4M
Net Foreign Currency Exchange Gain Loss 12.5M 2.2M 3.0M 0.00
Net Income From Continuing Operations -78.5M -103.2M -140.8M -6.7M
Net Long Term Debt Issuance -34.8M 10.6M 34.7M --
Net Other Financing Charges 19.3M -- -26.2M -61,123
Net Other Investing Changes -10.0M -8.5M -66.5M --
Net Short Term Debt Issuance -- -- 34.7M -34,480
Operating Gains Losses 12.6M 2.2M 2.6M 94,036
Proceeds From Stock Option Exercised 561,000 7.6M 4.7M 624,554
Provisionand Write Offof Assets 34.7M 21.6M 1.6M --
Sale Of PPE -- -- 0.00 56,421
Short Term Debt Issuance -- -- 38.4M 0.00
Short Term Debt Payments -- -- -3.7M -34,480
Unrealized Gain Loss On Investment Securities 855,000 2.2M 3.2M -865,129
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