Brasnova Energy Materials Inc.
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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 1.1M | 783,110 | 1.4M | 1.4M |
| General And Administrative Expense | 611,285 | 645,610 | 1.1M | 1.2M |
| Other Operating Expenses | 512,015 | 345,902 | 165,423 | 146,297 |
| Operating Expense | 1.6M | 1.1M | 1.5M | 1.6M |
| Operating Income | -1.6M | -1.1M | -1.5M | -1.6M |
| EBIT | -2.0M | -1.2M | -1.6M | -1.1M |
| Interest Expense | 120,805 | 108,630 | 148,139 | 163,359 |
| Interest Expense Non Operating | 120,805 | 108,630 | 148,139 | 163,359 |
| Net Interest Income | -120,805 | -108,630 | -148,139 | -163,359 |
| Other Income Expense | -384,231 | -170,892 | -82,280 | 442,200 |
| Other Non Operating Income Expenses | -- | 25,000 | -- | 78,213 |
| Special Income Charges | -271,341 | -214,531 | -10,650 | 372,197 |
| Gain On Sale Of Security | -112,890 | 18,639 | -71,630 | -8,210 |
| Pretax Income | -2.1M | -1.4M | -1.8M | -1.3M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -2.1M | -1.4M | -1.8M | -1.3M |
| Net Income From Continuing Operation Net Minority Interest | -2.1M | -1.4M | -1.8M | -1.3M |
| Net Income Including Noncontrolling Interests | -2.1M | -1.4M | -1.8M | -1.3M |
| Net Income Common Stockholders | -2.1M | -1.4M | -1.8M | -1.3M |
| Net Income | -2.1M | -1.4M | -1.8M | -1.3M |
| EBITDA | -2.0M | -1.2M | -1.6M | -1.1M |
| Normalized EBITDA | -1.6M | -1.0M | -1.5M | -1.5M |
| Basic EPS | -0.07 | -0.06 | -0.10 | -0.08 |
| Diluted EPS | -0.07 | -0.06 | -0.10 | -0.08 |
| Basic Average Shares | 29.7M | 22.4M | 18.5M | 13.7M |
| Diluted Average Shares | 29.7M | 22.4M | 18.5M | 13.7M |
| Total Unusual Items | -384,231 | -195,892 | -82,280 | 363,987 |
| Total Unusual Items Excluding Goodwill | -384,231 | -195,892 | -82,280 | 363,987 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -1.7M | -1.2M | -1.7M | -1.7M |
| Diluted NI Availto Com Stockholders | -2.1M | -1.4M | -1.8M | -1.3M |
| Impairment Of Capital Assets | 271,341 | 214,531 | 10,650 | 0.00 |
| Net Income Continuous Operations | -2.1M | -1.4M | -1.8M | -1.3M |
| Net Non Operating Interest Income Expense | -120,805 | -108,630 | -148,139 | -163,359 |
| Other Gand A | 372,400 | 520,795 | 495,340 | 458,002 |
| Other Special Charges | -- | -- | -- | -372,197 |
| Other Taxes | 0.00 | -54,365 | 0.00 | -- |
| Rent And Landing Fees | 157,151 | 124,815 | 176,926 | 144,608 |
| Rent Expense Supplemental | 157,151 | 124,815 | 176,926 | 144,608 |
| Salaries And Wages | 81,734 | 0.00 | 459,600 | 607,000 |
| Selling And Marketing Expense | 505,000 | 137,500 | 237,500 | 219,452 |
| Total Expenses | 1.6M | 1.1M | 1.5M | 1.6M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1,449 | 65,732 | 23,241 | 247,754 |
| Cash Cash Equivalents And Short Term Investments | 3,949 | 66,732 | 25,241 | 252,754 |
| Cash Financial | 1,449 | 65,732 | 23,241 | 247,754 |
| Other Short Term Investments | 2,500 | 1,000 | 2,000 | 5,000 |
| Receivables | 0.00 | 97,254 | 0.00 | -- |
| Prepaid Assets | 17,497 | 160,666 | 87,500 | 175,000 |
| Current Assets | 21,446 | 324,652 | 112,741 | 427,754 |
| Net PPE | 0.00 | 216,443 | 214,531 | 199,350 |
| Total Non Current Assets | 0.00 | 216,443 | 214,531 | 199,350 |
| Total Assets | 21,446 | 541,095 | 327,272 | 627,104 |
| Current Debt | 1.6M | 1.4M | 1.1M | 925,740 |
| Current Debt And Capital Lease Obligation | 1.6M | 1.4M | 1.1M | 925,740 |
| Accounts Payable | 1.5M | 1.1M | 1.2M | 692,860 |
| Payables | 1.5M | 1.1M | 1.2M | 692,860 |
| Payables And Accrued Expenses | 1.8M | 1.4M | 1.4M | 780,860 |
| Current Accrued Expenses | 332,150 | 296,150 | 194,900 | 88,000 |
| Other Current Liabilities | -- | -- | 70,827 | 25,000 |
| Current Liabilities | 3.4M | 2.8M | 2.6M | 1.7M |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 317,786 |
| Total Liabilities Net Minority Interest | 3.4M | 2.8M | 2.6M | 2.0M |
| Common Stock | 13.4M | 12.6M | 11.4M | 10.9M |
| Capital Stock | 13.4M | 12.6M | 11.4M | 10.9M |
| Additional Paid In Capital | 3.3M | 3.2M | 3.2M | 2.7M |
| Retained Earnings | -19.9M | -17.8M | -16.4M | -14.7M |
| Gains Losses Not Affecting Retained Earnings | -384,798 | -358,973 | -378,352 | -378,352 |
| Other Equity Adjustments | -384,798 | -358,973 | -378,352 | -378,352 |
| Common Stock Equity | -3.4M | -2.2M | -2.2M | -1.4M |
| Stockholders Equity | -3.4M | -2.2M | -2.2M | -1.4M |
| Total Equity Gross Minority Interest | -3.4M | -2.2M | -2.2M | -1.4M |
| Total Capitalization | -3.4M | -2.2M | -2.2M | -1.4M |
| Net Tangible Assets | -3.4M | -2.2M | -2.2M | -1.4M |
| Tangible Book Value | -3.4M | -2.2M | -2.2M | -1.4M |
| Working Capital | -3.4M | -2.5M | -2.4M | -1.3M |
| Invested Capital | -1.8M | -879,762 | -1.1M | -496,542 |
| Total Debt | 1.6M | 1.4M | 1.1M | 925,740 |
| Net Debt | 1.6M | 1.3M | 1.1M | 677,986 |
| Share Issued | 34.2M | 25.8M | 19.8M | 17.7M |
| Ordinary Shares Number | 34.2M | 25.8M | 19.8M | 17.7M |
| Other Current Borrowings | 1.6M | 1.4M | 1.1M | 925,740 |
| Other Equity Interest | 250,000 | 133,800 | -- | -- |
| Taxes Receivable | 0.00 | 97,254 | 0.00 | -- |
| Tradeand Other Payables Non Current | -- | -- | 0.00 | 317,786 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -933,879 | -924,099 | -538,034 | -1.1M |
| Cash Flow From Continuing Operating Activities | -933,879 | -924,099 | -538,034 | -1.1M |
| Stock Based Compensation | 81,734 | 0.00 | 459,600 | 607,000 |
| Change In Working Capital | 625,988 | 128,623 | 538,566 | -140,144 |
| Change In Receivables | 97,254 | -97,254 | 0.00 | -- |
| Change In Payables And Accrued Expense | 385,565 | 299,043 | 451,066 | 26,053 |
| Change In Payable | -- | 197,793 | 344,166 | 139,819 |
| Other Non Cash Items | 120,805 | 83,630 | 148,139 | 85,146 |
| Capital Expenditure | -81,945 | -216,443 | -831.00 | -38,200 |
| Purchase Of PPE | -- | -216,443 | -831.00 | -38,200 |
| Net PPE Purchase And Sale | -81,945 | -216,443 | -831.00 | -38,200 |
| Investing Cash Flow | -81,945 | -216,443 | -831.00 | -38,200 |
| Cash Flow From Continuing Investing Activities | -81,945 | -216,443 | -831.00 | -38,200 |
| Issuance Of Debt | 100,000 | 0.00 | -- | 0.00 |
| Repayment Of Debt | -100,000 | -100,000 | -200,000 | -168,250 |
| Net Issuance Payments Of Debt | 0.00 | -100,000 | -200,000 | -168,250 |
| Issuance Of Capital Stock | 700,317 | 1.1M | 318,400 | 1.6M |
| Net Common Stock Issuance | 700,317 | 1.1M | 318,400 | 1.6M |
| Financing Cash Flow | 950,317 | 1.2M | 314,352 | 1.4M |
| Cash Flow From Continuing Financing Activities | 950,317 | 1.2M | 314,352 | 1.4M |
| Effect Of Exchange Rate Changes | 1,224 | 0.00 | -- | -- |
| Changes In Cash | -65,507 | 42,491 | -224,513 | 245,340 |
| Beginning Cash Position | 65,732 | 23,241 | 247,754 | 2,414 |
| End Cash Position | 1,449 | 65,732 | 23,241 | 247,754 |
| Free Cash Flow | -1.0M | -1.1M | -538,865 | -1.2M |
| Asset Impairment Charge | 271,341 | 214,531 | 10,650 | 0.00 |
| Change In Account Payable | -- | 197,793 | 344,166 | 139,819 |
| Change In Accrued Expense | -- | 101,250 | 106,900 | -113,766 |
| Change In Prepaid Assets | 143,169 | -73,166 | 87,500 | -166,197 |
| Common Stock Issuance | 700,317 | 1.1M | 318,400 | 1.6M |
| Long Term Debt Issuance | -- | -- | -- | 0.00 |
| Long Term Debt Payments | -- | -100,000 | -200,000 | -168,250 |
| Net Foreign Currency Exchange Gain Loss | 101,089 | 2,286 | 67,219 | -4,090 |
| Net Income From Continuing Operations | -2.1M | -1.4M | -1.8M | -1.3M |
| Net Long Term Debt Issuance | -- | -100,000 | -200,000 | -168,250 |
| Net Other Financing Charges | 250,000 | 133,800 | 45,827 | -- |
| Net Short Term Debt Issuance | 0.00 | -100,000 | -- | -- |
| Operating Gains Losses | 101,089 | 2,286 | 67,219 | -376,287 |
| Proceeds From Stock Option Exercised | -- | 0.00 | 150,125 | 0.00 |
| Short Term Debt Issuance | 100,000 | 0.00 | -- | -- |
| Short Term Debt Payments | -100,000 | -100,000 | -- | -- |
| Unrealized Gain Loss On Investment Securities | -1,500 | 1,000 | 3,000 | 2,500 |