Black Spruce Exploration Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Jun 30, 2025 | FY 2024Jun 30, 2024 | FY 2023Jun 30, 2023 | FY 2022Jun 30, 2022 | FY 2021Jun 30, 2021 |
|---|---|---|---|---|---|
| Total Revenue | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | -- | 37,820 | 0.00 | -- | -- |
| Gross Profit | -- | -37,820 | 0.00 | -- | -- |
| Selling General And Administration | -- | 1.3M | 2.2M | 521,601 | 232,062 |
| General And Administrative Expense | -- | 1.3M | 2.2M | 521,601 | 232,062 |
| Other Operating Expenses | -- | 44,567 | 99,732 | -- | -- |
| Operating Expense | -- | 1.4M | 2.3M | 521,601 | 232,062 |
| Operating Income | -- | -1.4M | -2.3M | -521,601 | -232,062 |
| EBIT | -- | -3.8M | -4.4M | -521,561 | -221,146 |
| Interest Expense | -- | 28,923 | 24,978 | 8,825 | 0.00 |
| Interest Expense Non Operating | -- | 28,923 | 24,978 | 8,825 | 0.00 |
| Interest Income | -- | 7,957 | 315.00 | 40.00 | 10,916 |
| Interest Income Non Operating | -- | 7,957 | 315.00 | 40.00 | 10,916 |
| Net Interest Income | -- | -20,966 | -24,663 | -8,785 | 10,916 |
| Other Income Expense | -- | -2.4M | -2.1M | -- | -- |
| Other Non Operating Income Expenses | -- | 315,325 | -- | -- | -- |
| Special Income Charges | -- | -2.7M | -2.1M | 0.00 | -- |
| Gain On Sale Of Security | -- | -60.00 | -832.00 | -- | -- |
| Pretax Income | -- | -3.8M | -4.4M | -530,386 | -221,146 |
| Tax Effect Of Unusual Items | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -- | -3.8M | -4.4M | -530,386 | -221,146 |
| Net Income From Continuing Operation Net Minority Interest | -- | -3.8M | -4.4M | -530,386 | -221,146 |
| Net Income Including Noncontrolling Interests | -- | -3.8M | -4.4M | -530,386 | -221,146 |
| Net Income Common Stockholders | -- | -3.8M | -4.4M | -530,386 | -221,146 |
| Net Income | -- | -3.8M | -4.4M | -530,386 | -221,146 |
| EBITDA | -- | -3.8M | -4.4M | -521,561 | -221,146 |
| Normalized EBITDA | -- | -1.0M | -2.3M | -521,561 | -221,146 |
| Reconciled Depreciation | -- | 37,820 | 0.00 | -- | -- |
| Basic EPS | -0.45 | -0.15 | -0.42 | -0.06 | -- |
| Diluted EPS | -0.45 | -0.15 | -0.42 | -0.06 | -- |
| Basic Average Shares | 27.5M | 24.1M | 10.9M | 7.7M | -- |
| Diluted Average Shares | 27.5M | 24.1M | 10.9M | 7.7M | -- |
| Total Unusual Items | -- | -2.7M | -2.1M | 0.00 | -- |
| Total Unusual Items Excluding Goodwill | -- | -2.7M | -2.1M | 0.00 | -- |
| Tax Rate For Calcs | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -- | -1.1M | -2.3M | -530,386 | -221,146 |
| Diluted NI Availto Com Stockholders | -- | -3.8M | -4.4M | -530,386 | -221,146 |
| Gain On Sale Of Ppe | -- | 50,729 | 0.00 | -- | -- |
| Impairment Of Capital Assets | -- | 2.8M | 2.1M | 0.00 | -- |
| Net Income Continuous Operations | -- | -3.8M | -4.4M | -530,386 | -221,146 |
| Net Non Operating Interest Income Expense | -- | -20,966 | -24,663 | -8,785 | 10,916 |
| Other Gand A | -- | 1.1M | 1.2M | 336,001 | 232,062 |
| Reconciled Cost Of Revenue | -- | 37,820 | 0.00 | -- | -- |
| Rent And Landing Fees | -- | -- | 30,000 | 0.00 | -- |
| Rent Expense Supplemental | -- | -- | 30,000 | 0.00 | -- |
| Salaries And Wages | -- | 214,900 | 975,347 | 185,600 | 0.00 |
| Total Expenses | -- | 1.4M | 2.3M | 521,601 | 232,062 |
| Line Item | FY 2025Jun 30, 2025 | FY 2024Jun 30, 2024 | FY 2023Jun 30, 2023 | FY 2022Jun 30, 2022 | FY 2021Jun 30, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | -- | 239,902 | 49,444 | 336.00 | 345,533 |
| Cash Cash Equivalents And Short Term Investments | -- | 239,902 | 49,444 | 336.00 | 345,533 |
| Cash Financial | -- | 239,902 | 49,444 | 336.00 | 345,533 |
| Accounts Receivable | -- | 44,629 | 45,470 | -- | -- |
| Receivables | -- | 44,629 | 45,470 | 44,163 | 925.00 |
| Prepaid Assets | -- | 39,836 | 23,231 | 5,821 | 3,385 |
| Current Assets | -- | 324,367 | 118,145 | 50,320 | 349,843 |
| Gross PPE | -- | 12.4M | 5.7M | -- | -- |
| Accumulated Depreciation | -- | -37,820 | 0.00 | -- | -- |
| Net PPE | -- | 12.4M | 5.7M | 2.8M | 700,000 |
| Total Non Current Assets | -- | 12.5M | 6.0M | 2.8M | 700,000 |
| Total Assets | -- | 12.8M | 6.1M | 2.8M | 1.0M |
| Current Debt | -- | -- | 90,000 | 260,000 | -- |
| Current Debt And Capital Lease Obligation | -- | 65,350 | 90,000 | 260,000 | -- |
| Payables And Accrued Expenses | -- | 2.5M | 853,228 | 452,674 | 5,545 |
| Current Liabilities | -- | 2.6M | 943,228 | 712,674 | 5,545 |
| Long Term Debt | -- | -- | -- | 353,000 | -- |
| Long Term Debt And Capital Lease Obligation | -- | 364,574 | -- | 353,000 | -- |
| Long Term Capital Lease Obligation | -- | 364,574 | 0.00 | -- | -- |
| Total Non Current Liabilities Net Minority Interest | -- | 364,574 | 0.00 | 353,000 | 0.00 |
| Total Liabilities Net Minority Interest | -- | 2.9M | 943,228 | 1.1M | 5,545 |
| Common Stock | -- | 17.4M | 9.6M | 2.9M | 1.9M |
| Capital Stock | -- | 17.4M | 9.6M | 2.9M | 1.9M |
| Retained Earnings | -- | -9.9M | -6.1M | -1.7M | -1.2M |
| Common Stock Equity | -- | 9.8M | 5.1M | 1.8M | 1.0M |
| Stockholders Equity | -- | 9.8M | 5.1M | 1.8M | 1.0M |
| Total Equity Gross Minority Interest | -- | 9.8M | 5.1M | 1.8M | 1.0M |
| Total Capitalization | -- | 9.8M | 5.1M | 2.1M | 1.0M |
| Net Tangible Assets | -- | 9.8M | 5.1M | 1.8M | 1.0M |
| Tangible Book Value | -- | 9.8M | 5.1M | 1.8M | 1.0M |
| Working Capital | -- | -2.3M | -825,083 | -662,354 | 344,298 |
| Invested Capital | -- | 9.8M | 5.2M | 2.4M | 1.0M |
| Total Debt | -- | 429,924 | 90,000 | 613,000 | -- |
| Net Debt | -- | -- | 40,556 | 612,664 | -- |
| Share Issued | 27.6M | 27.0M | 13.6M | 8.1M | -- |
| Ordinary Shares Number | 27.6M | 27.0M | 13.6M | 8.1M | -- |
| Accrued Interest Receivable | -- | -- | -- | -- | 0.00 |
| Buildings And Improvements | -- | 453,854 | 0.00 | -- | -- |
| Capital Lease Obligations | -- | 429,924 | 0.00 | -- | -- |
| Current Capital Lease Obligation | -- | 65,350 | 0.00 | -- | -- |
| Loans Receivable | -- | -- | -- | -- | 0.00 |
| Non Current Deferred Assets | -- | 0.00 | 233,778 | 0.00 | -- |
| Non Current Prepaid Assets | -- | 86,817 | 0.00 | -- | -- |
| Other Current Borrowings | -- | -- | 90,000 | 260,000 | -- |
| Other Equity Interest | -- | 2.4M | 1.7M | 554,563 | 303,499 |
| Other Properties | -- | 12.0M | 5.7M | -- | -- |
| Taxes Receivable | -- | -- | 45,470 | 44,163 | 925.00 |
| Line Item | FY 2025Jun 30, 2025 | FY 2024Jun 30, 2024 | FY 2023Jun 30, 2023 | FY 2022Jun 30, 2022 | FY 2021Jun 30, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | -- | -1.3M | -1.3M | 56,669 | -191,988 |
| Cash Flow From Continuing Operating Activities | -- | -1.3M | -1.3M | 56,669 | -191,988 |
| Depreciation And Amortization | -- | 37,820 | 0.00 | -- | -- |
| Depreciation Amortization Depletion | -- | 37,820 | 0.00 | -- | -- |
| Stock Based Compensation | -- | 0.00 | 858,928 | 185,600 | 0.00 |
| Change In Working Capital | -- | 40,101 | 107,036 | 401,455 | 29,158 |
| Change In Receivables | -- | 174,863 | -1,307 | -43,238 | 39,822 |
| Change In Payables And Accrued Expense | -- | -490,459 | 125,753 | 447,129 | -10,858 |
| Other Non Cash Items | -- | -263,843 | 24,978 | -- | -- |
| Capital Expenditure | -- | -2.1M | -781,468 | -1.5M | -700,000 |
| Purchase Of PPE | -- | -2.1M | -781,468 | -1.5M | -700,000 |
| Net PPE Purchase And Sale | -- | -1.9M | -781,468 | -1.5M | -700,000 |
| Sale Of Business | -- | 2.1M | 0.00 | -- | -- |
| Investing Cash Flow | -- | 38,982 | -1.0M | -1.5M | -550,000 |
| Cash Flow From Continuing Investing Activities | -- | 38,982 | -1.0M | -1.5M | -550,000 |
| Issuance Of Debt | -- | 0.00 | 224,000 | 613,000 | 0.00 |
| Repayment Of Debt | -- | -142,853 | -394,000 | 0.00 | -- |
| Net Issuance Payments Of Debt | -- | -142,853 | -170,000 | 613,000 | 0.00 |
| Issuance Of Capital Stock | -- | 1.6M | 2.6M | 520,000 | 396,075 |
| Net Common Stock Issuance | -- | 1.6M | 2.6M | 520,000 | 396,075 |
| Financing Cash Flow | -- | 1.4M | 2.4M | 1.1M | 396,075 |
| Cash Flow From Continuing Financing Activities | -- | 1.4M | 2.4M | 1.1M | 396,075 |
| Changes In Cash | -- | 190,458 | 49,108 | -345,197 | -345,933 |
| Beginning Cash Position | -- | 49,444 | 336.00 | 345,533 | 691,466 |
| End Cash Position | -- | 239,902 | 49,444 | 336.00 | 345,533 |
| Free Cash Flow | -- | -3.4M | -2.1M | -1.5M | -891,988 |
| Income Tax Paid Supplemental Data | -- | 0.00 | 0.00 | -- | -- |
| Interest Paid Supplemental Data | -- | 0.00 | 0.00 | -- | -- |
| Asset Impairment Charge | -- | 2.8M | 2.1M | 0.00 | -- |
| Capital Expenditure Reported | -- | -- | -781,468 | -1.5M | -- |
| Change In Prepaid Assets | -- | 355,697 | -17,410 | -2,436 | 194.00 |
| Common Stock Issuance | -- | 1.6M | 2.6M | 520,000 | 396,075 |
| Depreciation | -- | 37,820 | 0.00 | -- | -- |
| Gain Loss On Sale Of PPE | -- | -50,729 | 0.00 | -- | -- |
| Long Term Debt Issuance | -- | 0.00 | 224,000 | 613,000 | 0.00 |
| Long Term Debt Payments | -- | -52,853 | -394,000 | 0.00 | -- |
| Net Business Purchase And Sale | -- | 2.1M | 0.00 | -- | -- |
| Net Income From Continuing Operations | -- | -3.8M | -4.4M | -530,386 | -221,146 |
| Net Long Term Debt Issuance | -- | -52,853 | -170,000 | 613,000 | 0.00 |
| Net Other Financing Charges | -- | -31,000 | -30,465 | 170,000 | -8,925 |
| Net Other Investing Changes | -- | -230,744 | -233,778 | -1.5M | 150,000 |
| Operating Gains Losses | -- | -50,729 | -- | -- | -- |
| Sale Of PPE | -- | 200,000 | 0.00 | -- | -- |