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Blue Star Gold Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024 Q2 2024May 31, 2024
Total Revenue 0.00 0.00 -- -- 0.00
Operating Revenue 0.00 0.00 -- -- 0.00
Cost Of Revenue 25,803 25,803 -- -- 25,843
Gross Profit -25,803 -25,803 -- -- -25,843
Selling General And Administration 209,433 211,632 -- -- 614,147
General And Administrative Expense 209,433 211,632 -- -- 614,147
Other Operating Expenses -4,407 422,825 5.6M 3.9M 1.1M
Operating Expense 205,026 634,457 6.2M 4.1M 1.7M
Operating Income -230,829 -660,260 -6.2M -4.1M -1.7M
EBIT -230,829 -660,260 -6.3M -4.1M -1.7M
Interest Expense 99,112 96,782 -- -- 90,006
Interest Expense Non Operating 99,112 96,782 -- -- 90,006
Interest Income 0.00 -- -- -- 32,829
Interest Income Non Operating 0.00 -- -- -- 32,829
Net Interest Income -99,112 -96,782 -- -- -57,177
Pretax Income -329,941 -757,042 -6.4M -4.2M -1.8M
Tax Provision 0.00 -- -- -- -23,147
Tax Effect Of Unusual Items 0.00 0.00 -- -- 0.00
Net Income From Continuing And Discontinued Operation -329,941 -757,042 -6.4M -3.8M -1.8M
Net Income From Continuing Operation Net Minority Interest -329,941 -757,042 -6.4M -3.8M -1.8M
Net Income Including Noncontrolling Interests -329,941 -757,042 -6.4M -3.8M -1.8M
Net Income Common Stockholders -329,941 -757,042 -6.4M -3.8M -1.8M
Net Income -329,941 -757,042 -6.4M -3.8M -1.8M
EBITDA -113,470 -596,194 -6.0M -3.9M -1.6M
Normalized EBITDA -113,470 -596,194 -6.0M -3.9M -1.6M
Reconciled Depreciation 117,359 64,066 228,303 -- 85,304
Basic EPS 0.00 -0.01 -- -0.04 -0.02
Diluted EPS 0.00 -0.01 -- -0.04 -0.02
Basic Average Shares 112.1M 103.8M -- -- 81.9M
Diluted Average Shares 112.1M 103.8M -- -- 81.9M
Tax Rate For Calcs 0.00 0.00 -- 0.09 0.01
Normalized Income -329,941 -757,042 -6.4M -3.8M -1.8M
Diluted NI Availto Com Stockholders -329,941 -757,042 -6.4M -3.8M -1.8M
Insurance And Claims 22,763 17,528 -- -- 19,132
Net Income Continuous Operations -329,941 -757,042 -6.4M -3.8M -1.8M
Net Non Operating Interest Income Expense -99,112 -96,782 -- -- -57,177
Other Gand A 23,458 30,470 -- -- 38,685
Reconciled Cost Of Revenue 25,803 25,803 -- -- 25,843
Salaries And Wages 163,212 163,634 -- -- 556,330
Total Expenses 230,829 660,260 6.2M 4.1M 1.7M
Line Item Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024 Q2 2024May 31, 2024
Cash And Cash Equivalents 559,495 414,440 -- 940,002 1.9M
Cash Cash Equivalents And Short Term Investments 559,495 414,440 -- 940,002 1.9M
Receivables 1.7M 16,498 -- 622,286 44,538
Prepaid Assets 202,539 200,433 -- 47,357 71,386
Current Assets 2.5M 631,371 -- 1.6M 2.0M
Gross PPE 3.0M 2.4M -- 32.1M 28.0M
Accumulated Depreciation -841,242 -753,423 -- -684,330 -646,470
Net PPE 2.2M 1.6M -- 31.4M 27.4M
Total Non Current Assets 4.8M 4.3M -- 34.3M 30.4M
Total Assets 7.2M 4.9M -- 35.9M 32.3M
Current Debt -- -- -- 76,123 76,123
Current Debt And Capital Lease Obligation 45,220 79,796 -- 221,006 208,254
Accounts Payable 714,142 49,629 -- 737,237 150,311
Payables 967,086 279,467 -- 1.1M 461,056
Payables And Accrued Expenses 967,086 279,467 -- 1.1M 461,056
Current Liabilities 1.0M 1.9M -- 1.3M 669,310
Long Term Debt 2.1M 2.0M -- 1.8M 1.7M
Long Term Debt And Capital Lease Obligation 2.1M 2.0M -- 1.8M 1.7M
Long Term Capital Lease Obligation -- -- -- 0.00 42,809
Other Non Current Liabilities -- -- -- -- 216,250
Total Non Current Liabilities Net Minority Interest 2.1M 2.0M -- 1.8M 2.0M
Total Liabilities Net Minority Interest 3.1M 3.8M -- 3.1M 2.6M
Common Stock 52.0M 48.6M -- 48.6M 45.4M
Capital Stock 52.0M 48.6M -- 48.6M 45.4M
Retained Earnings -51.9M -51.6M -- -19.8M -19.7M
Common Stock Equity 4.2M 1.0M -- 32.8M 29.7M
Stockholders Equity 4.2M 1.0M -- 32.8M 29.7M
Total Equity Gross Minority Interest 4.2M 1.0M -- 32.8M 29.7M
Total Capitalization 6.2M 3.0M -- 34.6M 31.4M
Net Tangible Assets 4.2M 1.0M -- 32.8M 29.7M
Tangible Book Value 4.2M 1.0M -- 32.8M 29.7M
Working Capital 1.4M -1.2M -- 311,626 1.3M
Invested Capital 6.2M 3.0M -- 34.7M 31.5M
Total Debt 2.1M 2.1M -- 2.0M 2.0M
Net Debt 1.5M 1.6M -- 904,997 --
Share Issued 138.8M 103.8M -- 103.7M 81.9M
Ordinary Shares Number 138.8M 103.8M -- 103.7M 81.9M
Capital Lease Obligations 45,220 79,796 -- 144,883 174,940
Current Capital Lease Obligation 45,220 79,796 -- 144,883 132,131
Current Deferred Liabilities 0.00 1.5M -- -- --
Dueto Related Parties Current 252,944 229,838 -- 339,776 310,745
Machinery Furniture Equipment 19,097 19,097 -- 19,097 19,097
Non Current Prepaid Assets 2.6M 2.6M -- 2.9M 3.0M
Other Current Borrowings -- -- -- 76,123 76,123
Other Equity Interest 4.0M 4.0M -- 4.0M 4.0M
Other Properties 3.0M 2.4M -- 32.0M 28.0M
Other Receivables 1.7M 16,498 -- 622,286 44,538
Taxes Receivable 5,619 -- -- -- --
Line Item Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024 Q2 2024May 31, 2024
Operating Cash Flow -1.1M -894,401 -5.7M -- -1.4M
Cash Flow From Continuing Operating Activities -1.1M -894,401 -5.7M -- -1.4M
Depreciation And Amortization 117,359 64,066 228,303 -- 85,304
Depreciation Amortization Depletion 117,359 64,066 228,303 -- 85,304
Stock Based Compensation -- -- 0.00 -- 366,842
Deferred Tax 0.00 0.00 0.00 -- -23,147
Deferred Income Tax 0.00 0.00 0.00 -- -23,147
Change In Working Capital -1.0M -298,207 360,206 -- -111,447
Change In Receivables -1.7M 34,097 121,666 -- -7,430
Change In Payables And Accrued Expense 668,588 -363,845 237,793 -- 87,290
Change In Payable 668,588 -363,845 237,793 -- 87,290
Other Non Cash Items 99,112 96,782 94,484 -- 90,006
Purchase Of PPE -- -- 0.00 -- --
Net PPE Purchase And Sale -- -- 0.00 -- --
Investing Cash Flow -- -- 4.6M -- -980,780
Cash Flow From Continuing Investing Activities -- -- 4.6M -- -980,780
Repayment Of Debt -37,030 -37,030 -36,694 -- -36,024
Net Issuance Payments Of Debt -37,030 -37,030 -36,694 -- -36,024
Issuance Of Capital Stock 2.5M 0.00 0.00 -- 0.00
Net Common Stock Issuance 2.5M 0.00 0.00 -- 0.00
Financing Cash Flow 1.9M 462,970 963,306 -- -37,541
Cash Flow From Continuing Financing Activities 1.9M 462,970 963,306 -- -37,541
Changes In Cash 145,055 -431,431 -94,131 -- -1.4M
Beginning Cash Position 414,440 845,871 -- -- 3.3M
End Cash Position 559,495 414,440 -- -- 1.9M
Free Cash Flow -1.8M -894,401 -5.7M -- -1.4M
Income Tax Paid Supplemental Data 0.00 0.00 -- -- 0.00
Interest Paid Supplemental Data 0.00 0.00 -- -- 0.00
Amortization Cash Flow -- 34,527 -- -- --
Amortization Of Intangibles -- 34,527 -- -- --
Change In Account Payable 645,482 -177,876 237,892 -- 58,344
Change In Prepaid Assets -2,106 31,541 747.00 -- -191,307
Common Stock Issuance 2.5M 0.00 0.00 -- 0.00
Depreciation 117,359 64,066 228,303 -- 85,304
Long Term Debt Payments -37,030 -37,030 -36,694 -- -36,024
Net Income From Continuing Operations -329,941 -757,042 -6.4M -- -1.8M
Net Long Term Debt Issuance -37,030 -37,030 -36,694 -- -36,024
Net Other Financing Charges -550,180 500,000 1.0M -- -1,517
Net Other Investing Changes -- -- -- -- -780,673
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