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Black Iron Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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 166,967 154,285 120,537 327,228 380,311
General And Administrative Expense 166,967 154,285 120,537 327,228 380,311
Other Operating Expenses 222,042 222,646 187,614 619,944 149,875
Operating Expense 389,009 376,931 308,151 947,172 530,186
Operating Income -389,009 -376,931 -308,151 -947,172 -530,186
EBIT -416,007 -294,651 -294,520 -918,756 -526,532
Interest Expense 13,504 14,110 14,605 -- 0.00
Interest Expense Non Operating 13,504 14,110 14,605 -- 0.00
Interest Income 9,560 10,872 7,554 3,679 2,827
Interest Income Non Operating 9,560 10,872 7,554 3,679 2,827
Net Interest Income -3,944 -3,238 -7,051 -1,515 2,827
Other Income Expense -36,558 71,408 6,077 -25,309 827.00
Gain On Sale Of Security -36,558 71,408 6,077 -25,309 827.00
Pretax Income -429,511 -308,761 -309,125 -973,996 -526,532
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -429,511 -308,761 -309,125 -973,996 -526,532
Net Income From Continuing Operation Net Minority Interest -429,511 -308,761 -309,125 -973,996 -526,532
Net Income Including Noncontrolling Interests -429,511 -308,761 -309,125 -973,996 -526,532
Net Income Common Stockholders -429,511 -308,761 -309,125 -973,996 -526,532
Net Income -429,511 -308,761 -309,125 -973,996 -526,532
EBITDA -387,441 -266,275 -267,269 -916,639 -526,264
Normalized EBITDA -350,883 -337,683 -273,346 -891,330 -527,091
Reconciled Depreciation 28,566 28,376 27,251 2,117 268.00
Basic EPS 0.00 0.00 0.00 -- 0.00
Diluted EPS 0.00 0.00 0.00 -- 0.00
Basic Average Shares 306.2M 306.1M 304.2M -- 304.1M
Diluted Average Shares 306.2M 306.1M 304.2M -- 304.1M
Total Unusual Items -36,558 71,408 6,077 -25,309 827.00
Total Unusual Items Excluding Goodwill -36,558 71,408 6,077 -25,309 827.00
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -392,953 -380,169 -315,202 -948,687 -527,359
Diluted NI Availto Com Stockholders -429,511 -308,761 -309,125 -973,996 -526,532
Net Income Continuous Operations -429,511 -308,761 -309,125 -973,996 -526,532
Net Non Operating Interest Income Expense -3,944 -3,238 -7,051 -1,515 2,827
Other Gand A 136,882 134,151 110,303 317,997 173,824
Salaries And Wages 30,085 20,134 10,234 9,231 206,487
Total Expenses 389,009 376,931 308,151 947,172 530,186
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 913,067 1.3M 1.5M 1.8M 244,885
Cash Cash Equivalents And Short Term Investments 913,067 1.3M 1.5M 1.8M 244,885
Accounts Receivable 33,107 40,134 47,598 51,220 23,245
Receivables 33,107 40,134 47,598 51,220 23,245
Current Assets 946,174 1.3M 1.6M 1.8M 268,130
Gross PPE 645,249 645,249 618,822 618,822 829.00
Accumulated Depreciation -159,828 -131,262 -102,886 -75,635 --
Net PPE 485,421 513,987 515,936 543,187 829.00
Total Non Current Assets 485,421 513,987 515,936 543,187 829.00
Total Assets 1.4M 1.8M 2.1M 2.4M 268,959
Current Debt And Capital Lease Obligation 96,436 96,970 90,973 87,350 --
Accounts Payable 993,586 1.0M 1.0M 929,033 1.0M
Payables 993,586 1.0M 1.0M 929,033 1.0M
Payables And Accrued Expenses 1.3M 1.3M 1.2M 1.2M 1.4M
Current Accrued Expenses 257,589 254,809 219,400 271,209 356,319
Other Current Liabilities 2.6M 2.6M 2.6M 2.6M --
Current Liabilities 3.9M 4.0M 3.9M 3.9M 1.4M
Long Term Debt And Capital Lease Obligation 384,825 402,893 446,776 450,266 --
Long Term Capital Lease Obligation 384,825 402,893 446,776 450,266 --
Total Non Current Liabilities Net Minority Interest 384,825 402,893 446,776 450,266 -559.00
Total Liabilities Net Minority Interest 4.3M 4.4M 4.4M 4.3M 1.4M
Common Stock 84.5M 84.5M 84.2M 84.2M 84.2M
Capital Stock 84.5M 84.5M 84.2M 84.2M 84.2M
Retained Earnings -88.1M -88.1M -88.0M -87.7M -86.8M
Gains Losses Not Affecting Retained Earnings -156,611 -211,383 -101,382 -99,112 -195,916
Other Equity Adjustments -156,611 -211,383 -101,382 -99,112 -195,916
Common Stock Equity -2.9M -2.6M -2.3M -2.0M -1.1M
Stockholders Equity -2.9M -2.6M -2.3M -2.0M -1.1M
Total Equity Gross Minority Interest -2.9M -2.6M -2.3M -2.0M -1.1M
Total Capitalization -2.9M -2.6M -2.3M -2.0M -1.1M
Net Tangible Assets -2.9M -2.6M -2.3M -2.0M -1.1M
Tangible Book Value -2.9M -2.6M -2.3M -2.0M -1.1M
Working Capital -3.0M -2.7M -2.3M -2.1M -1.1M
Invested Capital -2.9M -2.6M -2.3M -2.0M -1.1M
Total Debt 481,261 499,863 537,749 537,616 --
Share Issued 306.2M 306.2M 304.2M 304.1M 304.1M
Ordinary Shares Number 306.2M 306.2M 304.2M 304.1M 304.1M
Capital Lease Obligations 481,261 499,863 537,749 537,616 --
Current Capital Lease Obligation 96,436 96,970 90,973 87,350 --
Land And Improvements 544,475 544,475 544,475 544,475 --
Machinery Furniture Equipment 100,774 100,774 74,347 74,347 --
Other Equity Interest 923,561 1.3M 1.6M 1.6M 1.7M
Other Properties -- -- -- -- 829.00
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 -393,487 -234,085 -233,344 -1.1M -238,964
Cash Flow From Continuing Operating Activities -393,487 -234,085 -233,344 -1.1M -238,964
Depreciation And Amortization 28,566 28,376 27,251 2,117 268.00
Depreciation Amortization Depletion 28,566 28,376 27,251 2,117 268.00
Stock Based Compensation 30,085 20,134 10,234 9,231 206,487
Change In Working Capital -13,068 37,039 45,850 -181,920 83,640
Other Non Cash Items -9,559 -10,873 -7,554 -3,679 -2,827
Purchase Of PPE 0.00 -- -- -- 0.00
Net PPE Purchase And Sale 0.00 -- -- -- 0.00
Investing Cash Flow 9,560 -15,422 7,421 3,679 2,827
Cash Flow From Continuing Investing Activities 9,560 -15,555 7,554 3,679 2,827
Repayment Of Debt -35,462 -35,461 -35,462 -- 0.00
Net Issuance Payments Of Debt -35,462 -35,461 -35,462 -- 0.00
Financing Cash Flow -35,461 71,536 -30,800 2.6M 0.00
Cash Flow From Continuing Financing Activities -35,461 71,536 -30,800 2.6M 0.00
Effect Of Exchange Rate Changes 69,696 -103,208 24,631 87,534 -123.00
Changes In Cash -419,388 -177,971 -256,723 1.4M -236,137
Beginning Cash Position 1.3M 1.5M 1.8M 244,885 481,145
End Cash Position 913,067 1.3M 1.5M 1.8M 244,885
Free Cash Flow -393,487 -260,512 -233,344 -1.1M -238,964
Depreciation 28,566 28,376 27,251 2,117 268.00
Interest Received Cfi 9,560 10,872 7,554 3,679 2,827
Long Term Debt Payments -35,462 -35,461 -35,462 -- 0.00
Net Income From Continuing Operations -429,511 -308,761 -309,125 -973,996 -526,532
Net Long Term Debt Issuance -35,462 -35,461 -35,462 -- 0.00
Net Other Investing Changes -- -- -133.00 -- --
Proceeds From Stock Option Exercised 1.00 106,997 4,662 0.00 0.00
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