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Azimut Exploration Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Aug 31, 2025 FY 2024Aug 31, 2024 FY 2023Aug 31, 2023 FY 2022Aug 31, 2022 FY 2021Aug 31, 2021
Total Revenue 363,202 443,583 139,555 107,435 --
Operating Revenue 363,202 443,583 139,555 107,435 --
Cost Of Revenue 100,868 135,817 79,510 61,988 --
Gross Profit 262,334 307,766 60,045 45,447 --
Selling General And Administration 1.8M 2.4M 1.6M 1.8M --
General And Administrative Expense 1.8M 2.4M 1.5M 1.8M --
Research And Development -- 45,185 256,039 109,925 29,182
Depreciation And Amortization In Income Statement -- -- -- 61,988 60,360
Other Operating Expenses 89,069 89,930 140,122 112,756 --
Operating Expense 1.9M 2.4M 1.7M 1.9M --
Operating Income -1.6M -2.1M -1.6M -1.9M --
EBIT -3.4M -978,635 -1.8M -1.8M --
Interest Expense 19,587 60,687 14,716 23,862 --
Interest Expense Non Operating 19,587 60,687 14,716 23,862 --
Interest Income 321,266 462,268 274,483 180,414 --
Interest Income Non Operating 321,266 462,268 274,483 180,414 --
Net Interest Income 301,679 401,581 259,767 156,552 --
Other Income Expense -2.1M 697,140 -451,134 -39,630 --
Special Income Charges -2.0M 757,030 -451,601 -17,629 --
Gain On Sale Of Security -101,207 -59,890 467.00 -22,001 --
Pretax Income -3.4M -1.0M -1.8M -1.8M --
Tax Provision -933,383 -1.1M 0.00 -3.4M --
Tax Effect Of Unusual Items -575,582 104,571 0.00 -10,387 --
Net Income From Continuing And Discontinued Operation -2.5M 42,595 -1.8M 1.6M --
Net Income From Continuing Operation Net Minority Interest -2.5M 42,595 -1.8M 1.6M --
Net Income Including Noncontrolling Interests -2.5M 42,595 -1.8M 1.6M --
Net Income Common Stockholders -2.5M 42,595 -1.8M 1.6M --
Net Income -2.5M 42,595 -1.8M 1.6M --
EBITDA -3.3M -842,818 -1.7M -1.7M --
Normalized EBITDA -1.2M -1.5M -1.3M -1.7M --
Reconciled Depreciation 100,868 135,817 79,510 61,988 --
Basic EPS -0.03 0.00 -0.02 0.02 --
Diluted EPS -0.03 0.00 -0.02 0.02 --
Basic Average Shares 90.0M 85.2M 79.7M 81.9M --
Diluted Average Shares 90.0M 85.9M 79.7M 84.4M --
Total Unusual Items -2.1M 697,140 -451,134 -39,630 --
Total Unusual Items Excluding Goodwill -2.1M 697,140 -451,134 -39,630 --
Tax Rate For Calcs 0.27 0.15 0.00 0.26 --
Normalized Income -950,247 -549,974 -1.4M 1.6M --
Amortization -- -- -- 1,692 688.00
Amortization Of Intangibles Income Statement -- -- -- 1,692 688.00
Depreciation Amortization Depletion Income Statement -- -- -- 61,988 60,360
Depreciation Income Statement -- -- -- 60,296 59,672
Diluted NI Availto Com Stockholders -2.5M 42,595 -1.8M 1.6M --
Gain On Sale Of Ppe 0.00 1.7M 377,793 0.00 --
Impairment Of Capital Assets 2.0M 936,659 829,394 17,629 --
Insurance And Claims 76,582 88,134 88,567 49,352 --
Net Income Continuous Operations -2.5M 42,595 -1.8M 1.6M --
Net Non Operating Interest Income Expense 301,679 401,581 259,767 156,552 --
Other Gand A 521,681 573,496 799,961 510,101 --
Other Taxes 0.00 -8,040 8,328 29,115 --
Reconciled Cost Of Revenue 100,868 135,817 79,510 61,988 --
Rent And Landing Fees 3,025 7,874 7,912 4,139 --
Rent Expense Supplemental 3,025 7,874 7,912 4,139 --
Salaries And Wages 1.2M 1.7M 647,725 1.2M --
Selling And Marketing Expense 1,042 2,351 7,029 11,381 --
Total Expenses 2.0M 2.6M 1.8M 2.0M --
Line Item FY 2025Aug 31, 2025 FY 2024Aug 31, 2024 FY 2023Aug 31, 2023 FY 2022Aug 31, 2022 FY 2021Aug 31, 2021
Cash And Cash Equivalents 13.6M 11.8M 3.3M 14.0M --
Cash Cash Equivalents And Short Term Investments 15.2M 11.8M 3.3M 15.9M --
Other Short Term Investments 1.6M 0.00 0.00 1.9M --
Accounts Receivable 25,904 252,612 1.4M 777,556 --
Receivables 4.1M 1.8M 1.5M 4.0M --
Prepaid Assets 137,927 101,260 160,048 129,740 --
Current Assets 19.4M 13.7M 5.0M 20.1M --
Gross PPE 60.5M 55.5M 48.4M 32.7M --
Accumulated Depreciation -14.7M -12.4M -11.1M -1.1M --
Net PPE 45.7M 43.1M 37.3M 31.6M --
Goodwill And Other Intangible Assets 30,773 1,930 2,060 6,759 --
Investments And Advances 725,155 931,242 36,251 51,940 --
Total Non Current Assets 46.5M 44.0M 41.7M 34.1M --
Total Assets 65.9M 57.7M 46.7M 54.2M --
Current Debt And Capital Lease Obligation 66,386 50,673 54,485 36,976 --
Payables And Accrued Expenses 3.1M 3.4M 1.3M 5.0M --
Current Deferred Revenue 3.0M 687,111 217,609 458,196 --
Other Current Liabilities -- 442,314 -- -- 3.4M
Current Liabilities 6.2M 4.6M 1.5M 5.5M --
Long Term Debt And Capital Lease Obligation 253,941 -- 50,672 36,462 73,438
Long Term Capital Lease Obligation 253,941 0.00 50,672 36,462 --
Total Non Current Liabilities Net Minority Interest 3.1M 3.3M 1.6M 1.5M --
Total Liabilities Net Minority Interest 9.4M 7.9M 3.1M 7.0M --
Common Stock 73.9M 65.2M 60.0M 61.9M --
Capital Stock 73.9M 65.2M 60.0M 61.9M --
Additional Paid In Capital 5.2M 5.0M 4.9M 4.1M --
Retained Earnings -27.5M -25.1M -25.1M -23.3M --
Common Stock Equity 56.5M 49.8M 43.5M 47.2M --
Stockholders Equity 56.5M 49.8M 43.5M 47.2M --
Total Equity Gross Minority Interest 56.5M 49.8M 43.5M 47.2M --
Total Capitalization 56.5M 49.8M 43.5M 47.2M --
Net Tangible Assets 56.5M 49.8M 43.5M 47.2M --
Tangible Book Value 56.5M 49.8M 43.5M 47.2M --
Working Capital 13.2M 9.1M 3.4M 14.6M --
Invested Capital 56.5M 49.8M 43.5M 47.2M --
Total Debt 320,327 50,673 105,157 73,438 --
Share Issued 100.6M 85.6M 80.0M 82.2M --
Ordinary Shares Number 100.6M 85.6M 80.0M 82.2M --
Buildings And Improvements -- -- -- -- 224,174
Capital Lease Obligations 320,327 50,673 105,157 73,438 --
Current Capital Lease Obligation 66,386 50,673 54,485 36,976 --
Current Deferred Liabilities 3.0M 687,111 217,609 458,196 --
Financial Assets Designatedas Fair Value Through Profitor Loss Total 725,155 931,242 36,251 -- --
Investmentin Financial Assets 725,155 931,242 36,251 -- --
Long Term Provisions 2.0M 2.0M 1.5M 1.5M --
Machinery Furniture Equipment 186,946 177,107 169,110 158,467 --
Non Current Accounts Receivable -- -- 4.4M 2.4M 2.4M
Non Current Deferred Liabilities 860,249 1.4M 0.00 -- --
Non Current Deferred Taxes Liabilities 860,249 1.4M 0.00 -- --
Other Equity Interest 4.9M 4.6M 3.7M 4.4M --
Other Properties 3.2M 2.9M 2.7M 2.5M --
Taxes Receivable 4.0M 1.6M 66,536 3.3M --
Line Item FY 2025Aug 31, 2025 FY 2024Aug 31, 2024 FY 2023Aug 31, 2023 FY 2022Aug 31, 2022 FY 2021Aug 31, 2021
Operating Cash Flow 2.1M 508,739 -735,883 1.8M --
Cash Flow From Continuing Operating Activities 2.1M 508,739 -735,883 1.8M --
Depreciation And Amortization 100,868 135,817 79,510 61,988 --
Depreciation Amortization Depletion 100,868 135,817 79,510 61,988 --
Stock Based Compensation 416,227 952,504 268,379 1.0M --
Deferred Tax -933,383 -1.1M 0.00 -3.4M --
Deferred Income Tax -933,383 -1.1M 0.00 -3.4M --
Change In Working Capital 2.8M 1.1M 196,823 2.3M --
Change In Receivables -36,953 214,649 863,605 2.0M --
Change In Payables And Accrued Expense 498,902 342,430 -636,474 465,108 --
Change In Other Working Capital 2.4M 469,502 -- -- --
Other Non Cash Items 57,910 71,511 99,237 84,369 --
Capital Expenditure -9.8M -5.9M -16.8M -16.8M --
Purchase Of PPE -9.7M -5.9M -16.8M -16.8M --
Net PPE Purchase And Sale -9.6M -4.5M -15.0M -15.6M --
Purchase Of Investment -- -- -- 0.00 -10,816
Sale Of Investment 69,285 0.00 550.00 0.00 --
Net Investment Purchase And Sale 69,285 0.00 550.00 0.00 --
Investing Cash Flow -8.7M 54,040 -10.1M -15.5M --
Cash Flow From Continuing Investing Activities -8.7M 54,040 -10.1M -15.5M --
Repayment Of Debt -63,915 -54,484 -53,264 -45,220 --
Net Issuance Payments Of Debt -63,915 -54,484 -53,264 -45,220 --
Issuance Of Capital Stock 8.7M 8.2M 0.00 0.00 --
Net Common Stock Issuance 8.7M 8.2M 0.00 0.00 --
Financing Cash Flow 8.5M 7.9M 158,743 158,198 --
Cash Flow From Continuing Financing Activities 8.5M 7.9M 158,743 158,198 --
Changes In Cash 1.9M 8.4M -10.7M -13.6M --
Beginning Cash Position 11.8M 3.3M 14.0M 27.6M --
End Cash Position 13.6M 11.8M 3.3M 14.0M --
Free Cash Flow -7.7M -5.4M -17.6M -15.0M --
Interest Paid Supplemental Data 10,211 9,705 10,926 65,370 --
Amortization Cash Flow 1,930 2,401 6,199 1,692 --
Amortization Of Intangibles 1,930 2,401 6,199 1,692 --
Asset Impairment Charge 2.0M 936,659 829,394 17,629 --
Change In Prepaid Assets -36,667 58,788 -30,308 -79,655 --
Common Stock Issuance 8.7M 8.2M 0.00 0.00 --
Depreciation 98,938 133,416 73,311 60,296 --
Gain Loss On Investment Securities -120,595 -506,119 -15,606 -- --
Gain Loss On Sale Of PPE 0.00 -1.7M -377,793 0.00 --
Long Term Debt Payments -63,915 -54,484 -53,264 -45,220 --
Net Income From Continuing Operations -2.5M 42,595 -1.8M 1.6M --
Net Intangibles Purchase And Sale -30,773 -2,270 -1,500 -5,625 --
Net Long Term Debt Issuance -63,915 -54,484 -53,264 -45,220 --
Net Other Financing Charges -190,052 -436,828 -3,193 -2,882 --
Net Other Investing Changes 923,783 4.5M 4.8M 79,963 --
Operating Gains Losses -120,595 -2.2M -393,399 -- --
Proceeds From Stock Option Exercised 48,000 187,850 215,200 206,300 --
Purchase Of Intangibles -30,773 -2,270 -1,500 -5,625 --
Sale Of PPE 100,000 1.4M 1.9M 1.2M --
Unrealized Gain Loss On Investment Securities 221,802 566,009 15,139 22,001 --
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