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Asante Gold Corporation

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024
Total Revenue 129.3M 100.8M 142.0M 119.9M 111.1M
Operating Revenue 129.3M 100.8M 142.0M 119.9M 111.1M
Cost Of Revenue 148.3M 148.0M 135.5M 131.1M 107.9M
Gross Profit -19.0M -47.2M 6.5M -11.2M 3.2M
Selling General And Administration 14.2M 7.7M 7.9M 7.9M 10.2M
General And Administrative Expense 13.2M 7.3M 7.6M 7.6M 10.0M
Operating Expense 21.6M 7.7M 7.9M 7.9M 10.2M
Operating Income -40.6M -54.9M -1.4M -19.1M -7.0M
EBIT -192.0M -63.3M -1.3M -10.1M -7.9M
Interest Expense 16.3M 7.6M 4.9M 5.8M 5.2M
Interest Expense Non Operating 16.3M 7.6M 4.9M 5.8M 5.2M
Interest Income 393,000 -- -- -- 0.00
Interest Income Non Operating 393,000 -- -- -- 0.00
Net Interest Income -16.2M -7.7M -5.0M -5.8M -5.2M
Other Income Expense -151.5M -8.3M 236,000 9.0M -947,000
Other Non Operating Income Expenses -30.3M 4.5M -8.6M -- --
Special Income Charges 0.00 -958,000 1.2M 14.7M -1.0M
Restructuring And Mergern Acquisition 0.00 -- -- 0.00 3.0M
Gain On Sale Of Security -121.2M -11.8M 7.6M -5.7M 98,000
Pretax Income -208.3M -70.9M -6.2M -15.9M -13.1M
Tax Provision 9.5M -2.8M 5.0M 2.5M 4.4M
Tax Effect Of Unusual Items -18.2M -511,540 1.3M 1.4M -142,050
Net Income From Continuing And Discontinued Operation -213.1M -61.7M -10.8M -17.6M -16.9M
Net Income From Continuing Operation Net Minority Interest -213.1M -61.7M -10.8M -17.6M -16.9M
Net Income Including Noncontrolling Interests -217.8M -68.1M -11.2M -18.4M -17.6M
Minority Interests 4.6M 6.4M 355,000 854,000 628,000
Net Income Common Stockholders -213.1M -61.7M -10.8M -17.6M -16.9M
Net Income -213.1M -61.7M -10.8M -17.6M -16.9M
EBITDA -156.4M -35.5M 29.7M 15.0M 14.8M
Normalized EBITDA -35.3M -22.7M 20.9M 6.0M 15.7M
Reconciled Depreciation 35.6M 27.7M 31.0M 25.1M 22.7M
Basic EPS -0.30 -0.12 -0.02 -- -0.04
Diluted EPS -0.30 -0.12 -0.02 -- -0.04
Basic Average Shares 704.4M 501.4M 501.1M -- 446.2M
Diluted Average Shares 704.4M 501.4M 501.1M -- 446.2M
Total Unusual Items -121.2M -12.8M 8.8M 9.0M -947,000
Total Unusual Items Excluding Goodwill -121.2M -12.8M 8.8M 9.0M -947,000
Tax Rate For Calcs 0.15 0.04 0.15 0.15 0.15
Normalized Income -110.1M -49.4M -18.3M -25.2M -16.1M
Diluted NI Availto Com Stockholders -213.1M -61.7M -10.8M -17.6M -16.9M
Gain On Sale Of Ppe 0.00 0.00 1.2M -- 0.00
Insurance And Claims 707,000 770,000 680,000 640,000 611,000
Net Income Continuous Operations -217.8M -68.1M -11.2M -18.4M -17.6M
Net Non Operating Interest Income Expense -16.2M -7.7M -5.0M -5.8M -5.2M
Other Gand A 11.7M 4.7M 6.1M 5.6M 7.4M
Other Special Charges -- 958,000 -- -14.9M -2.0M
Other Taxes 7.4M -- -- -- 0.00
Reconciled Cost Of Revenue 148.3M 148.0M 135.5M 131.1M 107.9M
Salaries And Wages 780,000 1.8M 768,000 1.4M 2.0M
Selling And Marketing Expense 981,000 373,000 282,000 313,000 172,000
Total Expenses 169.9M 155.7M 143.4M 139.0M 118.1M
Total Operating Income As Reported -40.6M -54.9M -1.4M -24.1M -7.0M
Total Other Finance Cost 342,000 106,000 102,000 -- --
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024
Cash And Cash Equivalents 82.8M 5.2M 10.4M 26.0M 24.5M
Cash Cash Equivalents And Short Term Investments 85.0M 7.4M 11.7M 27.4M 26.4M
Cash Financial 82.8M 5.2M 10.4M 26.0M 24.5M
Other Short Term Investments 2.1M 2.1M 1.3M 1.4M 1.9M
Accounts Receivable 1.5M 1.3M 2.2M 1.2M 233,000
Receivables 17.3M 1.4M 2.3M 1.2M 334,000
Inventory 93.1M 66.4M 81.7M 79.7M 83.6M
Prepaid Assets 33.6M 24.7M 20.1M 20.6M 14.8M
Current Assets 229.0M 103.4M 115.7M 128.9M 125.1M
Gross PPE 1.0B 949.9M 898.0M 859.5M 825.9M
Accumulated Depreciation -379.5M -341.7M -316.5M -292.6M -278.5M
Net PPE 657.9M 608.3M 581.5M 566.9M 547.4M
Other Non Current Assets 8.2M 8.2M 8.2M 8.2M 8.2M
Total Non Current Assets 684.1M 628.7M 607.1M 592.2M 566.8M
Total Assets 913.1M 732.1M 722.8M 721.1M 691.9M
Current Debt -- 48.0M 24.8M 17.9M 46.9M
Current Debt And Capital Lease Obligation -- 48.0M 24.8M 17.9M 46.9M
Accounts Payable 101.0M 241.6M 207.8M 180.0M 172.4M
Payables 120.8M 280.9M 257.3M 223.1M 209.3M
Payables And Accrued Expenses 217.2M 362.7M 343.7M 293.6M 338.3M
Current Accrued Expenses 96.4M 81.8M 86.4M 70.5M 128.9M
Current Deferred Revenue 98.9M 271.9M 233.3M 246.9M 159.9M
Other Current Liabilities 104.7M 650,000 -- 20.4M 19.9M
Current Liabilities 420.9M 683.4M 602.0M 579.1M 565.2M
Long Term Debt 251.4M -- -- -- --
Long Term Debt And Capital Lease Obligation 251.4M -- -- -- --
Total Non Current Liabilities Net Minority Interest 434.8M 103.5M 105.6M 107.2M 109.7M
Total Liabilities Net Minority Interest 855.7M 786.9M 707.6M 686.3M 674.9M
Common Stock 607.0M 278.7M 283.0M 282.9M 255.1M
Capital Stock 607.0M 278.7M 283.0M 282.9M 255.1M
Retained Earnings -606.6M -393.5M -331.8M -320.9M -303.4M
Gains Losses Not Affecting Retained Earnings 9.8M 11.9M 11.3M 20.4M 13.4M
Other Equity Adjustments 9.8M 11.9M 11.3M 20.4M 13.4M
Common Stock Equity 51.6M -65.3M -1.6M 17.7M -986,000
Stockholders Equity 51.6M -65.3M -1.6M 17.7M -986,000
Total Equity Gross Minority Interest 57.4M -54.9M 15.2M 34.8M 17.0M
Minority Interest 5.7M 10.4M 16.8M 17.1M 18.0M
Total Capitalization 303.0M -65.3M -1.6M 17.7M -986,000
Net Tangible Assets 51.6M -65.3M -1.6M 17.7M -986,000
Tangible Book Value 51.6M -65.3M -1.6M 17.7M -986,000
Working Capital -191.9M -580.1M -486.2M -450.2M -440.1M
Invested Capital 303.0M -17.2M 23.3M 35.6M 46.0M
Total Debt 251.4M 48.0M 24.8M 17.9M 46.9M
Net Debt 168.5M 42.8M 14.5M -- 22.5M
Share Issued 779.0M 501.5M 501.1M 501.1M 469.2M
Ordinary Shares Number 779.0M 501.5M 501.1M 501.1M 469.2M
Construction In Progress 80.7M 53.4M 35.9M 24.5M 25.6M
Current Deferred Assets -- 3.5M -- -- --
Current Deferred Liabilities 98.9M 271.9M 233.3M 246.9M 159.9M
Current Notes Payable 0.00 9.7M -- -- --
Current Provisions 95,000 102,000 217,000 215,000 213,000
Derivative Product Liabilities 76.8M -- -- -- --
Dueto Related Parties Current 1.5M 3.8M 3.7M 3.3M 3.9M
Finished Goods 28.0M 21.6M 26.4M 21.7M 25.4M
Line Of Credit 0.00 38.3M 24.8M 17.9M 37.0M
Long Term Provisions 76.5M 75.7M 74.8M 74.0M 71.1M
Machinery Furniture Equipment 4.9M 4.4M 4.4M 6.4M 8.5M
Non Current Accounts Receivable -- -- -- -- --
Non Current Deferred Liabilities 30.1M 27.8M 30.8M 33.2M 38.6M
Non Current Deferred Revenue -- -- -- 0.00 0.00
Non Current Deferred Taxes Liabilities 30.1M 27.8M 30.8M 33.2M 38.6M
Non Current Note Receivables 263,000 263,000 263,000 263,000 263,000
Non Current Prepaid Assets 17.7M 12.0M 17.1M 16.8M 10.8M
Other Current Borrowings -- -- -- -- 9.9M
Other Equity Interest 41.3M 37.6M 36.0M 35.3M 33.9M
Other Properties 497,000 497,000 497,000 497,000 47,000
Other Receivables -- -- -- -- --
Raw Materials 65.1M 44.8M 55.3M 58.1M 58.2M
Restricted Cash -- -- -- 0.00 0.00
Taxes Receivable 15.8M 52,000 40,000 63,000 101,000
Total Tax Payable 18.4M 35.5M 45.8M 39.7M 33.0M
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024
Operating Cash Flow -197.1M 54.2M 19.1M 79.5M 14.6M
Cash Flow From Continuing Operating Activities -197.1M 54.2M 19.1M 79.5M 14.6M
Depreciation Amortization Depletion 35.6M 27.7M 31.0M 25.1M 22.7M
Stock Based Compensation 780,000 1.8M 768,000 1.4M 2.0M
Deferred Tax 2.3M -3.0M -2.3M -5.4M -3.3M
Deferred Income Tax 2.3M -3.0M -2.3M -5.4M -3.3M
Change In Working Capital -192.0M 71.9M -6.6M 67.0M 934,000
Changes In Account Receivables -- -- 33,000 -- --
Change In Receivables -16.8M -33,000 33,000 -6.6M 5.1M
Change In Inventory -25.7M 6.4M -4.6M -8.0M -14.2M
Change In Payables And Accrued Expense -141.7M 31.5M 45.5M -2.9M 6.5M
Change In Payable -141.7M 31.5M 45.5M -2.9M 6.5M
Change In Other Working Capital 1.4M 35.5M -46.0M 94.4M -1.2M
Other Non Cash Items 45.0M 3.1M 13.6M -11.0M 6.2M
Capital Expenditure -89.5M -58.9M -39.1M -56.7M -31.3M
Purchase Of PPE -46.3M -26.0M -21.9M -35.6M -18.9M
Net PPE Purchase And Sale -46.3M -26.0M -21.9M -35.6M -18.9M
Investing Cash Flow -89.5M -58.9M -39.1M -66.7M -31.3M
Cash Flow From Continuing Investing Activities -89.5M -58.9M -39.1M -66.7M -31.3M
Issuance Of Debt 275.2M 47.8M 12.2M 0.00 9.8M
Repayment Of Debt -46.0M -45.8M -6.1M -10.9M -6.3M
Net Issuance Payments Of Debt 229.2M 2.0M 6.1M -10.9M 3.5M
Issuance Of Capital Stock -- -- -- 0.00 11.0M
Net Common Stock Issuance -- -- -- 0.00 11.0M
Financing Cash Flow 365.5M -3.1M 6.1M -10.9M 15.1M
Cash Flow From Continuing Financing Activities 365.5M -3.1M 6.1M -10.9M 15.1M
Effect Of Exchange Rate Changes -1.3M 2.6M -1.7M -356,000 1.1M
Changes In Cash 78.9M -7.7M -13.9M 1.9M -1.6M
Beginning Cash Position 5.2M 10.4M 26.0M 24.5M 25.0M
End Cash Position 82.8M 5.2M 10.4M 26.0M 24.5M
Free Cash Flow -286.6M -4.6M -20.0M 22.8M -16.7M
Income Tax Paid Supplemental Data 15.7M 0.00 20,000 398,000 0.00
Interest Paid Supplemental Data 7.3M 1.6M 766,000 916,000 383,000
Capital Expenditure Reported -43.2M -32.8M -17.1M -21.1M -12.3M
Cash Dividends Paid 0.00 -- -- -- 0.00
Change In Account Payable -- -- -- -- 6.5M
Change In Prepaid Assets -9.2M -1.4M -1.6M -10.0M 4.8M
Common Stock Issuance -- -- -- 0.00 11.0M
Gain Loss On Investment Securities 133.4M -- -- -- --
Gain Loss On Sale Of PPE 0.00 0.00 -1.2M -- 0.00
Interest Paid Cff -8.0M -- -- -- 0.00
Long Term Debt Issuance 275.2M -- -- -- 9.8M
Long Term Debt Payments -46.0M -- -- -- -6.3M
Net Foreign Currency Exchange Gain Loss -9.8M 14.5M -7.5M 5.8M 367,000
Net Income From Continuing Operations -217.8M -68.1M -11.2M -18.4M -17.6M
Net Long Term Debt Issuance 229.2M -- -- -- 3.5M
Net Other Financing Charges -37.9M -- -- 0.00 0.00
Net Short Term Debt Issuance -- -- 6.1M -- --
Operating Gains Losses 123.6M 15.3M -8.7M 7.9M 367,000
Proceeds From Stock Option Exercised 0.00 16,000 0.00 0.00 540,000
Provisionand Write Offof Assets 3.1M 6.3M 2.4M 12.5M 3.8M
Short Term Debt Issuance -- -- 12.2M -- --
Short Term Debt Payments -- -- -6.1M -- --
Unrealized Gain Loss On Investment Securities 2.4M -861,000 208,000 418,000 -651,000
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