Bear Creek Mining Corporation
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 103.7M | 89.1M | 61.0M | 0.00 |
| Operating Revenue | 103.7M | 89.1M | 61.0M | 0.00 |
| Cost Of Revenue | 100.6M | 101.4M | 60.9M | 0.00 |
| Gross Profit | 3.1M | -12.3M | 123,000 | 0.00 |
| Selling General And Administration | 7.8M | 6.5M | 8.3M | 5.8M |
| General And Administrative Expense | 7.8M | 6.5M | 8.3M | 5.8M |
| Other Operating Expenses | 11.8M | 10.0M | 8.4M | 16.2M |
| Operating Expense | 19.6M | 16.5M | 16.7M | 22.0M |
| Operating Income | -16.5M | -28.8M | -16.6M | -22.0M |
| EBIT | -60.9M | -31.2M | -16.8M | -21.7M |
| Interest Expense | 5.1M | 9.2M | 4.1M | 149,000 |
| Interest Expense Non Operating | 5.1M | 9.2M | 4.1M | 149,000 |
| Interest Income | -- | 270,000 | 208,000 | 115,000 |
| Interest Income Non Operating | -- | 270,000 | 208,000 | 115,000 |
| Net Interest Income | -5.1M | -9.2M | -3.9M | -34,000 |
| Other Income Expense | -44.4M | -2.4M | -427,000 | 161,000 |
| Other Non Operating Income Expenses | -10.0M | -3.4M | 812,000 | -- |
| Special Income Charges | -35.5M | -318,000 | -1.9M | -951,000 |
| Restructuring And Mergern Acquisition | 8.3M | 0.00 | 1.9M | 0.00 |
| Gain On Sale Of Security | 1.1M | 1.3M | 665,000 | 1.1M |
| Pretax Income | -66.0M | -40.4M | -20.9M | -21.9M |
| Tax Provision | 869,000 | -1.4M | 1.7M | 0.00 |
| Tax Effect Of Unusual Items | -5.2M | 34,768 | -324,742 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -66.8M | -39.0M | -22.6M | -21.9M |
| Net Income From Continuing Operation Net Minority Interest | -66.8M | -39.0M | -22.6M | -21.9M |
| Net Income Including Noncontrolling Interests | -66.8M | -39.0M | -22.6M | -21.9M |
| Net Income Common Stockholders | -66.8M | -39.0M | -22.6M | -21.9M |
| Net Income | -66.8M | -39.0M | -22.6M | -21.9M |
| EBITDA | -27.6M | 11.0M | 803,000 | -21.0M |
| Normalized EBITDA | 6.8M | 9.9M | 2.0M | -21.2M |
| Reconciled Depreciation | 33.3M | 42.1M | 17.6M | 710,000 |
| Basic EPS | -0.30 | -0.23 | -0.16 | -0.18 |
| Diluted EPS | -0.30 | -0.23 | -0.16 | -0.18 |
| Basic Average Shares | 225.9M | 168.6M | 143.9M | 123.7M |
| Diluted Average Shares | 225.9M | 168.6M | 143.9M | 123.7M |
| Total Unusual Items | -34.3M | 1.0M | -1.2M | 161,000 |
| Total Unusual Items Excluding Goodwill | -34.3M | 1.0M | -1.2M | 161,000 |
| Tax Rate For Calcs | 0.15 | 0.03 | 0.26 | 0.00 |
| Normalized Income | -37.6M | -40.0M | -21.7M | -22.0M |
| Diluted NI Availto Com Stockholders | -66.8M | -39.0M | -22.6M | -21.9M |
| Impairment Of Capital Assets | 27.2M | 0.00 | 0.00 | 951,000 |
| Net Income Continuous Operations | -66.8M | -39.0M | -22.6M | -21.9M |
| Net Non Operating Interest Income Expense | -5.1M | -9.2M | -3.9M | -34,000 |
| Other Gand A | 7.3M | 5.6M | 6.0M | 2.3M |
| Other Special Charges | -- | 318,000 | -- | -- |
| Reconciled Cost Of Revenue | 100.6M | 101.4M | 60.9M | 0.00 |
| Salaries And Wages | 493,000 | 950,000 | 2.4M | 3.4M |
| Total Expenses | 120.2M | 117.9M | 77.6M | 22.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 6.7M | 3.9M | 3.5M | 24.2M |
| Cash Cash Equivalents And Short Term Investments | 6.7M | 3.9M | 3.5M | 24.2M |
| Cash Equivalents | -- | -- | 0.00 | 700,000 |
| Cash Financial | 6.7M | 3.9M | 3.5M | 23.5M |
| Other Short Term Investments | 40,000 | 21,000 | 21,000 | 22,000 |
| Accounts Receivable | 1.4M | 1.2M | 5.7M | 0.00 |
| Receivables | 7.2M | 8.3M | 7.3M | 241,000 |
| Inventory | 5.9M | 10.2M | 24.6M | 0.00 |
| Prepaid Assets | 3.3M | 2.0M | 2.1M | 379,000 |
| Current Assets | 23.1M | 24.5M | 37.5M | 24.8M |
| Gross PPE | 155.6M | 213.2M | 236.4M | 96.1M |
| Net PPE | 155.6M | 213.2M | 236.4M | 96.1M |
| Other Non Current Assets | 255,000 | 1.7M | 1.3M | 965,000 |
| Total Non Current Assets | 157.2M | 216.6M | 237.7M | 97.1M |
| Total Assets | 180.3M | 241.1M | 275.2M | 121.9M |
| Current Debt | 72.7M | 61.1M | 24.9M | -- |
| Current Debt And Capital Lease Obligation | 73.0M | 61.4M | 25.3M | 409,000 |
| Accounts Payable | 32.8M | 28.3M | 31.4M | 902,000 |
| Payables | 34.5M | 29.0M | 59.5M | 902,000 |
| Payables And Accrued Expenses | 34.5M | 29.0M | 59.5M | 902,000 |
| Current Deferred Revenue | 0.00 | 15.0M | 13.1M | 0.00 |
| Other Current Liabilities | 12.6M | 8.8M | 11.0M | 1.1M |
| Current Liabilities | 120.1M | 114.1M | 108.9M | 2.4M |
| Long Term Debt | -- | 45.4M | 20.2M | -- |
| Long Term Debt And Capital Lease Obligation | -- | 45.4M | 20.2M | 38,000 |
| Long Term Capital Lease Obligation | -- | -- | 0.00 | 38,000 |
| Other Non Current Liabilities | 23.5M | 15.8M | 19.5M | 8.7M |
| Total Non Current Liabilities Net Minority Interest | 36.0M | 40.6M | 52.1M | 9.0M |
| Total Liabilities Net Minority Interest | 156.2M | 154.7M | 161.0M | 11.3M |
| Common Stock | 367.3M | 362.9M | 352.0M | 326.7M |
| Capital Stock | 367.3M | 362.9M | 352.0M | 326.7M |
| Additional Paid In Capital | 40.0M | 39.9M | 39.4M | 38.7M |
| Retained Earnings | -383.2M | -316.4M | -277.4M | -254.8M |
| Common Stock Equity | 24.1M | 86.4M | 114.2M | 110.6M |
| Stockholders Equity | 24.1M | 86.4M | 114.2M | 110.6M |
| Total Equity Gross Minority Interest | 24.1M | 86.4M | 114.2M | 110.6M |
| Total Capitalization | 24.1M | 86.4M | 114.2M | 110.6M |
| Net Tangible Assets | 24.1M | 86.4M | 114.2M | 110.6M |
| Tangible Book Value | 24.1M | 86.4M | 114.2M | 110.6M |
| Working Capital | -97.0M | -89.7M | -71.4M | 22.5M |
| Invested Capital | 96.9M | 147.5M | 139.1M | 110.6M |
| Total Debt | 73.0M | 61.4M | 25.3M | 447,000 |
| Net Debt | 66.1M | 57.2M | 21.5M | -- |
| Share Issued | 227.7M | 198.7M | 154.3M | 124.3M |
| Ordinary Shares Number | 227.7M | 198.7M | 154.3M | 124.3M |
| Buildings And Improvements | -- | -- | 144,000 | 220,000 |
| Capital Lease Obligations | 315,000 | 286,000 | 362,000 | 447,000 |
| Current Capital Lease Obligation | 315,000 | 286,000 | 362,000 | 409,000 |
| Current Deferred Liabilities | 0.00 | 15.0M | 13.1M | 0.00 |
| Current Notes Payable | 22.1M | 14.3M | 4.7M | 0.00 |
| Derivative Product Liabilities | -- | 1.9M | 0.00 | -- |
| Finished Goods | 785,000 | 2.5M | 15.6M | 0.00 |
| Land And Improvements | -- | -- | 45,000 | 45,000 |
| Long Term Provisions | 11.9M | 16.2M | 13.3M | 200,000 |
| Machinery Furniture Equipment | -- | -- | 282,000 | 295,000 |
| Non Current Accounts Receivable | 1.3M | 1.8M | -- | -- |
| Non Current Deferred Liabilities | 0.00 | 7.9M | 18.3M | 0.00 |
| Non Current Deferred Revenue | 0.00 | 6.7M | 16.6M | 0.00 |
| Non Current Deferred Taxes Liabilities | 0.00 | 1.1M | 1.6M | 0.00 |
| Other Current Borrowings | 50.6M | 46.8M | 20.2M | -- |
| Other Equity Interest | -- | -- | 107,000 | -- |
| Other Payable | -- | -- | 25.7M | -- |
| Other Properties | 155.6M | 213.2M | 236.4M | 95.6M |
| Raw Materials | 4.6M | 7.5M | 8.7M | 0.00 |
| Taxes Receivable | 5.7M | 7.2M | 1.5M | 241,000 |
| Total Tax Payable | 1.7M | 720,000 | 2.4M | 0.00 |
| Tradeand Other Payables Non Current | 609,000 | 713,000 | 1.0M | 0.00 |
| Work In Process | 510,000 | 250,000 | 260,000 | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 15.5M | -1.5M | -10.7M | -18.1M |
| Cash Flow From Continuing Operating Activities | 15.7M | -1.5M | -10.7M | -18.1M |
| Depreciation And Amortization | -- | -- | -- | 710,000 |
| Depreciation Amortization Depletion | 33.3M | 42.1M | 17.6M | 710,000 |
| Stock Based Compensation | 493,000 | 950,000 | 994,000 | 2.4M |
| Deferred Tax | -884,000 | -521,000 | -210,000 | -- |
| Deferred Income Tax | -884,000 | -521,000 | -210,000 | -- |
| Change In Working Capital | 4.6M | 2.3M | -8.9M | 247,000 |
| Change In Receivables | -494,000 | -1.5M | -6.9M | 409,000 |
| Change In Inventory | 3.4M | 10.4M | -9.6M | 0.00 |
| Change In Payables And Accrued Expense | 1.6M | -6.6M | 24.0M | -162,000 |
| Change In Payable | 1.6M | -6.6M | 24.0M | -- |
| Change In Other Working Capital | -- | -19.0M | -16.5M | -- |
| Other Non Cash Items | 18.8M | -5.1M | 5.0M | 653,000 |
| Capital Expenditure | -12.6M | -16.1M | -14.0M | -2.8M |
| Purchase Of PPE | -12.6M | -16.1M | -14.0M | -2.8M |
| Net PPE Purchase And Sale | -12.6M | -16.1M | -14.0M | -2.8M |
| Purchase Of Business | -- | 0.00 | -2.5M | 0.00 |
| Sale Of Investment | -- | -- | -- | 0.00 |
| Net Investment Purchase And Sale | -20,000 | 0.00 | -- | 0.00 |
| Investing Cash Flow | -10.6M | -16.4M | -16.6M | -3.0M |
| Cash Flow From Continuing Investing Activities | -10.6M | -16.4M | -16.6M | -3.0M |
| Issuance Of Debt | 3.0M | 10.3M | 4.7M | 0.00 |
| Repayment Of Debt | -380,000 | -1.9M | -683,000 | -713,000 |
| Net Issuance Payments Of Debt | 2.6M | 8.4M | 4.0M | -713,000 |
| Issuance Of Capital Stock | 0.00 | 12.6M | 2.7M | 25.2M |
| Net Common Stock Issuance | 0.00 | 12.6M | 2.7M | 25.2M |
| Financing Cash Flow | -2.1M | 18.3M | 6.7M | 24.5M |
| Cash Flow From Continuing Financing Activities | -2.1M | 18.3M | 6.7M | 24.5M |
| Effect Of Exchange Rate Changes | -7,000 | -60,000 | -79,000 | 236,000 |
| Changes In Cash | 2.8M | 479,000 | -20.6M | 3.4M |
| Beginning Cash Position | 3.9M | 3.5M | 24.2M | 20.6M |
| End Cash Position | 6.7M | 3.9M | 3.5M | 24.2M |
| Free Cash Flow | 2.9M | -17.6M | -24.7M | -20.9M |
| Amortization Cash Flow | -- | -- | -- | 710,000 |
| Amortization Of Intangibles | -- | -- | -- | 710,000 |
| Asset Impairment Charge | 27.2M | 0.00 | 0.00 | 951,000 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | -- |
| Change In Account Payable | 608,000 | -3.7M | 22.1M | -- |
| Change In Income Tax Payable | 1.0M | -2.9M | 1.9M | -- |
| Change In Tax Payable | 1.0M | -2.9M | 1.9M | -- |
| Common Stock Issuance | 0.00 | 12.6M | 2.7M | 25.2M |
| Depletion | -- | 42.1M | 17.6M | 710,000 |
| Gain Loss On Investment Securities | 1.2M | -4.5M | -3.6M | -- |
| Gain Loss On Sale Of PPE | 117,000 | 0.00 | -- | -- |
| Interest Paid Cff | -4.6M | -2.4M | 0.00 | -- |
| Interest Received Cfi | 129,000 | 90,000 | 186,000 | 115,000 |
| Long Term Debt Payments | -380,000 | -499,000 | -683,000 | -713,000 |
| Net Business Purchase And Sale | -- | 0.00 | -2.5M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -2.4M | 2.4M | 1.0M | -1.2M |
| Net Income From Continuing Operations | -66.8M | -39.0M | -22.6M | -21.9M |
| Net Intangibles Purchase And Sale | 424,000 | 0.00 | -- | -- |
| Net Long Term Debt Issuance | -380,000 | -499,000 | -683,000 | -713,000 |
| Net Other Financing Charges | -101,000 | -270,000 | -- | -- |
| Net Other Investing Changes | 1.4M | -349,000 | -339,000 | -337,000 |
| Net Short Term Debt Issuance | 3.0M | 8.9M | 4.7M | 0.00 |
| Operating Gains Losses | -1.1M | -2.1M | -2.5M | -1.2M |
| Proceeds From Stock Option Exercised | -- | -- | -- | 0.00 |
| Sale Of Intangibles | 424,000 | 0.00 | -- | -- |
| Sale Of PPE | 29,000 | 0.00 | -- | -- |
| Short Term Debt Issuance | 3.0M | 10.3M | 4.7M | 0.00 |
| Short Term Debt Payments | 0.00 | -1.4M | -- | -- |