Brasnova Energy Materials Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 345,805 | 215,594 | 133,989 | 181,423 | 547,139 |
| General And Administrative Expense | 308,305 | 178,094 | 118,989 | 161,423 | 237,139 |
| Other Operating Expenses | 181,567 | 45,008 | 58,452 | 206,594 | 80,618 |
| Operating Expense | 527,372 | 260,602 | 192,441 | 388,017 | 627,757 |
| Operating Income | -527,372 | -260,602 | -192,441 | -388,017 | -627,757 |
| EBIT | -552,109 | -192,874 | -190,865 | -884,559 | -605,515 |
| Interest Expense | 29,119 | 28,793 | 30,597 | 36,328 | 29,302 |
| Interest Expense Non Operating | 29,119 | 28,793 | 30,597 | 36,328 | 29,302 |
| Net Interest Income | -29,119 | -28,793 | -30,597 | -36,328 | -29,302 |
| Other Income Expense | -24,737 | 67,728 | 1,576 | -496,542 | 22,242 |
| Special Income Charges | 0.00 | 0.00 | 0.00 | -410,524 | 4,877 |
| Write Off | -- | -- | -- | -- | -- |
| Gain On Sale Of Security | -24,737 | 67,728 | 1,576 | -86,018 | 17,365 |
| Pretax Income | -581,228 | -221,667 | -221,462 | -920,887 | -634,817 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -581,228 | -221,667 | -221,462 | -920,887 | -634,817 |
| Net Income From Continuing Operation Net Minority Interest | -581,228 | -221,667 | -221,462 | -920,887 | -634,817 |
| Net Income Including Noncontrolling Interests | -581,228 | -221,667 | -221,462 | -920,887 | -634,817 |
| Net Income Common Stockholders | -581,228 | -221,667 | -221,462 | -920,887 | -634,817 |
| Net Income | -581,228 | -221,667 | -221,462 | -920,887 | -634,817 |
| EBITDA | -552,109 | -192,874 | -190,865 | -884,559 | -605,515 |
| Normalized EBITDA | -527,372 | -260,602 | -192,441 | -388,017 | -627,757 |
| Basic EPS | -0.01 | 0.00 | -0.01 | -- | -0.02 |
| Diluted EPS | -0.01 | 0.00 | -0.01 | -- | -0.02 |
| Basic Average Shares | 44.0M | 35.5M | 34.2M | -- | 26.0M |
| Diluted Average Shares | 44.0M | 35.5M | 34.2M | -- | 26.0M |
| Total Unusual Items | -24,737 | 67,728 | 1,576 | -496,542 | 22,242 |
| Total Unusual Items Excluding Goodwill | -24,737 | 67,728 | 1,576 | -496,542 | 22,242 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -556,491 | -289,395 | -223,038 | -424,345 | -657,059 |
| Diluted NI Availto Com Stockholders | -581,228 | -221,667 | -221,462 | -920,887 | -634,817 |
| Impairment Of Capital Assets | 0.00 | -- | -- | 261,341 | 10,000 |
| Net Income Continuous Operations | -581,228 | -221,667 | -221,462 | -920,887 | -634,817 |
| Net Non Operating Interest Income Expense | -29,119 | -28,793 | -30,597 | -36,328 | -29,302 |
| Other Gand A | 91,030 | 130,003 | 53,464 | 23,916 | 104,440 |
| Other Special Charges | -- | -- | -- | -- | -14,877 |
| Rent And Landing Fees | 42,711 | 31,341 | 31,382 | -- | 31,321 |
| Rent Expense Supplemental | 42,711 | 31,341 | 31,382 | -- | 31,321 |
| Salaries And Wages | 174,564 | 16,750 | 34,143 | -19,644 | 101,378 |
| Selling And Marketing Expense | 37,500 | 37,500 | 15,000 | 20,000 | 310,000 |
| Total Expenses | 527,372 | 260,602 | 192,441 | 388,017 | 627,757 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 1,339 | 202,975 | 19,167 | 1,449 | 591.00 |
| Cash Cash Equivalents And Short Term Investments | 5,339 | 205,475 | 21,167 | 3,949 | 2,091 |
| Cash Financial | 1,339 | 202,975 | 19,167 | 1,449 | 591.00 |
| Other Short Term Investments | 4,000 | 2,500 | 2,000 | 2,500 | 1,500 |
| Receivables | -- | 4,089 | 2,399 | 0.00 | 41,824 |
| Prepaid Assets | 0.00 | 10,000 | 12,816 | 17,497 | 1,954 |
| Current Assets | 5,339 | 219,564 | 36,382 | 21,446 | 45,869 |
| Net PPE | 68,749 | 27,551 | 0.00 | 0.00 | 190,169 |
| Total Non Current Assets | 68,749 | 27,551 | 0.00 | 0.00 | 190,169 |
| Total Assets | 74,088 | 247,115 | 36,382 | 21,446 | 236,038 |
| Current Debt | 1.6M | 1.6M | 1.6M | 1.6M | 125,705 |
| Current Debt And Capital Lease Obligation | 1.6M | 1.6M | 1.6M | 1.6M | 125,705 |
| Accounts Payable | 1.4M | 1.5M | 1.5M | 1.5M | 1.2M |
| Payables | 1.4M | 1.5M | 1.5M | 1.5M | 1.2M |
| Payables And Accrued Expenses | 1.9M | 2.0M | 1.9M | 1.8M | 1.4M |
| Current Accrued Expenses | 536,650 | 470,650 | 354,650 | 332,150 | 236,650 |
| Current Liabilities | 3.5M | 3.5M | 3.5M | 3.4M | 1.5M |
| Long Term Debt | -- | -- | -- | -- | 1.4M |
| Long Term Debt And Capital Lease Obligation | -- | -- | -- | -- | 1.4M |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 1.4M |
| Total Liabilities Net Minority Interest | 3.5M | 3.5M | 3.5M | 3.4M | 2.9M |
| Common Stock | 14.4M | 13.9M | 13.4M | 13.4M | 13.4M |
| Capital Stock | 14.4M | 13.9M | 13.4M | 13.4M | 13.4M |
| Additional Paid In Capital | 3.5M | 3.3M | 3.3M | 3.3M | 3.3M |
| Retained Earnings | -21.0M | -20.4M | -20.1M | -19.9M | -19.0M |
| Gains Losses Not Affecting Retained Earnings | -388,735 | -385,972 | -384,821 | -384,798 | -386,675 |
| Other Equity Adjustments | -388,735 | -385,972 | -384,821 | -384,798 | -386,675 |
| Common Stock Equity | -3.4M | -3.3M | -3.5M | -3.4M | -2.7M |
| Stockholders Equity | -3.4M | -3.3M | -3.5M | -3.4M | -2.7M |
| Total Equity Gross Minority Interest | -3.4M | -3.3M | -3.5M | -3.4M | -2.7M |
| Total Capitalization | -3.4M | -3.3M | -3.5M | -3.4M | -1.3M |
| Net Tangible Assets | -3.4M | -3.3M | -3.5M | -3.4M | -2.7M |
| Tangible Book Value | -3.4M | -3.3M | -3.5M | -3.4M | -2.7M |
| Working Capital | -3.5M | -3.3M | -3.5M | -3.4M | -1.5M |
| Invested Capital | -1.8M | -1.7M | -1.9M | -1.8M | -1.2M |
| Total Debt | 1.6M | 1.6M | 1.6M | 1.6M | 1.5M |
| Net Debt | 1.6M | 1.4M | 1.6M | 1.6M | 1.5M |
| Share Issued | 44.2M | 39.0M | 34.2M | 34.2M | 34.2M |
| Ordinary Shares Number | 44.2M | 39.0M | 34.2M | 34.2M | 34.2M |
| Other Current Borrowings | 1.6M | 1.6M | 1.6M | 1.6M | 125,705 |
| Other Equity Interest | -- | 248,000 | 335,000 | 250,000 | -- |
| Taxes Receivable | -- | 4,089 | 2,399 | 0.00 | 41,824 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -409,325 | -180,490 | -67,259 | -144,542 | -438,407 |
| Cash Flow From Continuing Operating Activities | -409,325 | -180,490 | -67,259 | -144,542 | -438,407 |
| Stock Based Compensation | 174,564 | 16,750 | 34,143 | -19,644 | 101,378 |
| Change In Working Capital | -57,667 | 65,124 | 91,929 | 260,004 | 97,536 |
| Change In Receivables | 4,089 | -1,690 | -2,399 | 41,824 | -2,184 |
| Change In Payables And Accrued Expense | -71,756 | 63,998 | 89,647 | 233,723 | -210,280 |
| Other Non Cash Items | 30,446 | 30,672 | 30,640 | 185,510 | 163,609 |
| Capital Expenditure | -41,198 | -- | -- | -71,945 | -- |
| Net PPE Purchase And Sale | -41,198 | -27,551 | 0.00 | -71,945 | 0.00 |
| Investing Cash Flow | -41,198 | -27,551 | 0.00 | -71,945 | 0.00 |
| Cash Flow From Continuing Investing Activities | -41,198 | -27,551 | 0.00 | -71,945 | 0.00 |
| Issuance Of Debt | 0.00 | -- | -- | 1,326 | 0.00 |
| Repayment Of Debt | -20,000 | 0.00 | 0.00 | -20,000 | -40,000 |
| Net Issuance Payments Of Debt | -20,000 | 0.00 | 0.00 | -18,674 | -40,000 |
| Issuance Of Capital Stock | 519,650 | -- | -- | -6,633 | 706,950 |
| Net Common Stock Issuance | 519,650 | -- | -- | -6,633 | 706,950 |
| Financing Cash Flow | 251,650 | 393,000 | 85,000 | 224,693 | 408,250 |
| Cash Flow From Continuing Financing Activities | 251,650 | 393,000 | 85,000 | 224,693 | 408,250 |
| Effect Of Exchange Rate Changes | -2,763 | -1,151 | -23.00 | -7,348 | 7,161 |
| Changes In Cash | -198,873 | 184,959 | 17,741 | 8,206 | -30,157 |
| Beginning Cash Position | 202,975 | 19,167 | 1,449 | 591.00 | 23,587 |
| End Cash Position | 1,339 | 202,975 | 19,167 | 1,449 | 591.00 |
| Free Cash Flow | -450,523 | -208,041 | -67,259 | -216,487 | -438,407 |
| Asset Impairment Charge | -- | -- | 0.00 | -- | -- |
| Change In Prepaid Assets | 10,000 | 2,816 | 4,681 | -15,543 | 310,000 |
| Common Stock Issuance | 519,650 | -- | -- | -6,633 | 706,950 |
| Long Term Debt Issuance | -- | -- | -- | -- | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 26,060 | -70,869 | -3,009 | 80,134 | -16,930 |
| Net Income From Continuing Operations | -581,228 | -221,667 | -221,462 | -920,887 | -634,817 |
| Net Long Term Debt Issuance | -- | -- | -- | -- | -80,000 |
| Net Other Financing Charges | -- | 163,000 | 85,000 | -- | -- |
| Net Short Term Debt Issuance | -20,000 | 0.00 | 0.00 | -- | -40,000 |
| Operating Gains Losses | 26,060 | -70,869 | -3,009 | 80,134 | -166,113 |
| Proceeds From Stock Option Exercised | -- | -- | -- | -- | 0.00 |
| Short Term Debt Issuance | 0.00 | -- | -- | -- | 0.00 |
| Short Term Debt Payments | -20,000 | 0.00 | 0.00 | -- | -40,000 |
| Unrealized Gain Loss On Investment Securities | -1,500 | -500.00 | 500.00 | -1,000 | 0.00 |