Battery Mineral Resources Corp.
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 | 32.6M | 14.7M | 12.7M | 11.6M |
| Operating Revenue | 9.2M | 10.2M | 8.3M | 9.7M |
| Cost Of Revenue | 23.4M | 4.3M | 4.3M | 4.1M |
| Gross Profit | 9.2M | 10.4M | 8.4M | 7.5M |
| Selling General And Administration | 12.5M | 7.6M | 9.9M | 7.4M |
| General And Administrative Expense | 12.5M | 7.6M | 9.9M | 7.4M |
| Depreciation And Amortization In Income Statement | -- | -- | 0.00 | 1.4M |
| Other Operating Expenses | 3.3M | 2.6M | 1.6M | 2.3M |
| Operating Expense | 20.5M | 15.3M | 15.6M | 16.1M |
| Operating Income | -11.3M | -4.9M | -7.2M | -8.6M |
| EBIT | -52.0M | -9.0M | 258,521 | -11.9M |
| Interest Expense | 3.8M | 2.8M | 2.4M | 267,479 |
| Interest Expense Non Operating | 3.8M | 2.8M | 2.4M | 267,479 |
| Interest Income | -- | -- | -- | 126,753 |
| Interest Income Non Operating | -- | -- | -- | 126,753 |
| Net Interest Income | -3.8M | -2.8M | -2.4M | -267,479 |
| Other Income Expense | -40.7M | -4.1M | 7.5M | -3.3M |
| Other Non Operating Income Expenses | -5.3M | 409,032 | 498,237 | -1.6M |
| Special Income Charges | -36.8M | -2.8M | 7.6M | -1.4M |
| Restructuring And Mergern Acquisition | 0.00 | -282,709 | 0.00 | 2.0M |
| Gain On Sale Of Security | 1.4M | -1.7M | -620,376 | -272,673 |
| Pretax Income | -55.8M | -11.9M | -2.2M | -12.2M |
| Tax Provision | 519,648 | -1.2M | 1.3M | 1.6M |
| Tax Effect Of Unusual Items | -5.3M | -471,795 | 1.8M | -456,113 |
| Net Income From Continuing And Discontinued Operation | -56.3M | -10.6M | -3.5M | -13.3M |
| Net Income From Continuing Operation Net Minority Interest | -56.3M | -10.6M | -3.5M | -13.3M |
| Net Income Including Noncontrolling Interests | -56.3M | -10.6M | -3.5M | -13.8M |
| Minority Interests | -- | 0.00 | 0.00 | 423,547 |
| Net Income Common Stockholders | -56.3M | -10.6M | -3.5M | -13.3M |
| Net Income | -56.3M | -10.6M | -3.5M | -13.3M |
| EBITDA | -47.4M | -6.1M | 3.3M | -6.9M |
| Normalized EBITDA | -11.9M | -1.6M | -3.7M | -5.2M |
| Reconciled Depreciation | 4.6M | 2.9M | 3.0M | 5.0M |
| Basic EPS | -0.31 | -0.06 | -0.02 | -0.10 |
| Diluted EPS | -0.31 | -0.06 | -0.02 | -0.10 |
| Basic Average Shares | 181.0M | 174.9M | 171.5M | 158.1M |
| Diluted Average Shares | 181.0M | 174.9M | 171.5M | 158.1M |
| Total Unusual Items | -35.5M | -4.5M | 7.0M | -1.7M |
| Total Unusual Items Excluding Goodwill | -35.5M | -4.5M | 7.0M | -1.7M |
| Tax Rate For Calcs | 0.15 | 0.10 | 0.26 | 0.27 |
| Normalized Income | -26.2M | -6.6M | -8.7M | -12.1M |
| Depreciation Amortization Depletion Income Statement | -- | -- | 0.00 | 1.4M |
| Depreciation Income Statement | -- | -- | 0.00 | 1.4M |
| Diluted NI Availto Com Stockholders | -56.3M | -10.6M | -3.5M | -13.3M |
| Gain On Sale Of Ppe | 3.8M | 0.00 | 8.5M | 953,188 |
| Impairment Of Capital Assets | 40.6M | 3.1M | 840,642 | 2.4M |
| Net Income Continuous Operations | -56.3M | -10.6M | -3.5M | -13.8M |
| Net Income Discontinuous Operations | -- | -- | -- | 0.00 |
| Net Non Operating Interest Income Expense | -3.8M | -2.8M | -2.4M | -267,479 |
| Other Gand A | 12.4M | 5.4M | 6.2M | 4.9M |
| Other Special Charges | -- | 51,848 | -- | -- |
| Reconciled Cost Of Revenue | 23.4M | 4.3M | 1.3M | 512,447 |
| Salaries And Wages | 108,425 | 2.2M | 3.8M | 2.5M |
| Total Expenses | 43.9M | 19.6M | 19.9M | 20.2M |
| Total Operating Income As Reported | -51.9M | -8.0M | -8.1M | -9.6M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 2.9M | 888,141 | 4.3M | 2.6M |
| Cash Cash Equivalents And Short Term Investments | 2.9M | 888,141 | 4.3M | 2.6M |
| Cash Financial | 2.9M | 888,141 | 4.3M | 2.6M |
| Accounts Receivable | 8.1M | 2.8M | 1.6M | 1.6M |
| Receivables | 12.5M | 4.6M | 3.2M | 3.7M |
| Inventory | 1.9M | 0.00 | -- | -- |
| Prepaid Assets | 618,912 | 383,780 | 227,321 | 231,061 |
| Current Assets | 17.9M | 5.9M | 7.7M | 8.9M |
| Gross PPE | 110.9M | 104.0M | 125.8M | 96.9M |
| Accumulated Depreciation | -33.5M | -27.6M | -26.1M | -24.8M |
| Net PPE | 77.3M | 104.0M | 99.7M | 72.1M |
| Goodwill And Other Intangible Assets | 157,310 | 160,734 | 159,766 | 181,623 |
| Total Non Current Assets | 77.5M | 104.3M | 99.9M | 72.3M |
| Total Assets | 95.4M | 110.2M | 107.6M | 81.1M |
| Current Debt | 39.6M | 732,424 | 15.9M | 527,831 |
| Current Debt And Capital Lease Obligation | 41.6M | 1.1M | 16.1M | 527,831 |
| Accounts Payable | 14.3M | 4.6M | 2.0M | 2.4M |
| Payables | 20.7M | 5.3M | 4.9M | 4.1M |
| Payables And Accrued Expenses | 26.6M | 7.2M | 6.0M | 5.5M |
| Current Accrued Expenses | 6.0M | 2.0M | 1.2M | 1.4M |
| Current Deferred Revenue | 740,294 | 361,810 | 313,407 | 1.9M |
| Other Current Liabilities | 3.2M | -- | 10.9M | 4.1M |
| Current Liabilities | 73.9M | 10.4M | 24.3M | 12.1M |
| Long Term Debt | 6.9M | 26.7M | 2.4M | 4.2M |
| Long Term Debt And Capital Lease Obligation | 7.9M | 27.7M | 3.8M | 4.2M |
| Long Term Capital Lease Obligation | 995,919 | 996,752 | 1.4M | 0.00 |
| Other Non Current Liabilities | 4.8M | -- | 4.1M | 5.1M |
| Total Non Current Liabilities Net Minority Interest | 23.7M | 45.9M | 18.7M | 9.3M |
| Total Liabilities Net Minority Interest | 97.7M | 56.3M | 43.1M | 21.4M |
| Common Stock | 64.5M | 64.2M | 61.0M | 61.0M |
| Capital Stock | 64.5M | 64.2M | 61.0M | 61.0M |
| Additional Paid In Capital | 22.5M | 22.7M | 24.2M | 19.2M |
| Retained Earnings | -85.8M | -29.5M | -20.0M | -16.5M |
| Gains Losses Not Affecting Retained Earnings | -3.5M | -3.5M | -639,050 | -3.9M |
| Other Equity Adjustments | -3.5M | -3.5M | -639,050 | -3.9M |
| Common Stock Equity | -2.3M | 54.0M | 64.5M | 59.8M |
| Stockholders Equity | -2.3M | 54.0M | 64.5M | 59.8M |
| Total Equity Gross Minority Interest | -2.3M | 54.0M | 64.5M | 59.8M |
| Minority Interest | -- | -- | -- | 0.00 |
| Total Capitalization | 4.6M | 80.7M | 66.9M | 64.0M |
| Net Tangible Assets | -2.5M | 53.8M | 64.3M | 59.6M |
| Tangible Book Value | -2.5M | 53.8M | 64.3M | 59.6M |
| Working Capital | -56.1M | -4.5M | -16.7M | -3.2M |
| Invested Capital | 44.2M | 81.4M | 82.8M | 64.5M |
| Total Debt | 49.5M | 28.8M | 19.9M | 4.7M |
| Net Debt | 43.6M | 26.6M | 14.0M | 2.1M |
| Share Issued | 181.0M | 180.4M | 171.7M | 170.9M |
| Ordinary Shares Number | 181.0M | 180.4M | 171.7M | 170.9M |
| Assets Held For Sale Current | -- | -- | 0.00 | 2.3M |
| Capital Lease Obligations | 3.1M | 1.3M | 1.6M | 0.00 |
| Current Capital Lease Obligation | 2.1M | 322,583 | 284,526 | 0.00 |
| Current Deferred Liabilities | 2.5M | 2.1M | 2.2M | 2.0M |
| Current Notes Payable | 5.9M | 0.00 | 3.1M | -- |
| Income Tax Payable | 901,960 | 698,443 | 2.9M | 1.7M |
| Long Term Provisions | 8.2M | 10.3M | 10.9M | -- |
| Machinery Furniture Equipment | 19.2M | 27.1M | 28.3M | 14.5M |
| Non Current Accounts Receivable | -- | 1.4M | -- | -- |
| Non Current Deferred Assets | 0.00 | 196,770 | 0.00 | -- |
| Non Current Deferred Liabilities | 2.9M | 4.2M | 4.1M | -- |
| Non Current Deferred Taxes Assets | 0.00 | 196,770 | 0.00 | -- |
| Non Current Deferred Taxes Liabilities | 883,644 | 883,644 | -- | -- |
| Non Current Prepaid Assets | -- | -- | -- | 404,000 |
| Other Current Borrowings | 33.7M | 732,424 | 12.8M | 527,831 |
| Other Payable | -- | -- | -- | 1.9M |
| Other Properties | 54.6M | 50.2M | 50.9M | 50.9M |
| Other Receivables | 167,346 | 535,439 | 1.1M | 329,543 |
| Raw Materials | 1.9M | 0.00 | -- | -- |
| Taxes Receivable | 4.3M | 1.3M | 468,318 | 1.8M |
| Total Tax Payable | 6.3M | 698,443 | 2.9M | 1.7M |
| Tradeand Other Payables Non Current | 0.00 | 3.6M | 0.00 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -1.1M | -456,880 | -112,086 | 2.0M |
| Cash Flow From Continuing Operating Activities | -1.1M | -456,880 | -112,086 | 2.0M |
| Depreciation And Amortization | 4.6M | 2.9M | 3.0M | 5.0M |
| Depreciation Amortization Depletion | 4.6M | 2.9M | 3.0M | 5.0M |
| Stock Based Compensation | -16,600 | 927,641 | 1.5M | 1.1M |
| Deferred Tax | 211,855 | 344,573 | 0.00 | -- |
| Deferred Income Tax | 211,855 | 344,573 | 0.00 | -- |
| Change In Working Capital | 5.6M | -2.4M | 2.2M | 2.3M |
| Change In Receivables | -4.5M | -305,821 | -612,982 | -32,978 |
| Change In Inventory | -1.9M | 190,582 | -54,743 | 0.00 |
| Change In Payables And Accrued Expense | 13.6M | -689,492 | 937,667 | 2.5M |
| Change In Payable | 13.6M | -689,492 | 937,667 | 2.5M |
| Change In Other Working Capital | 418,837 | 49,081 | 239,478 | -2,780 |
| Change In Other Current Assets | -3.9M | -536,363 | 1.7M | -- |
| Change In Other Current Liabilities | 1.8M | -926,843 | 0.00 | 0.00 |
| Other Non Cash Items | 3.7M | 3.5M | 3.8M | 5.4M |
| Capital Expenditure | -14.9M | -14.0M | -16.4M | -13.9M |
| Purchase Of PPE | -14.9M | -13.9M | -16.3M | -13.9M |
| Net PPE Purchase And Sale | -14.9M | -13.9M | -7.8M | -13.9M |
| Purchase Of Business | -- | -- | 0.00 | -10.6M |
| Investing Cash Flow | -14.9M | -14.0M | -4.9M | -25.5M |
| Cash Flow From Continuing Investing Activities | -14.9M | -14.0M | -4.9M | -25.5M |
| Issuance Of Debt | 13.3M | 12.2M | 15.4M | 711,001 |
| Repayment Of Debt | -6.3M | -937,329 | -8.8M | 0.00 |
| Net Issuance Payments Of Debt | 7.0M | 11.3M | 6.6M | 711,001 |
| Issuance Of Capital Stock | -- | -- | 0.00 | 17.6M |
| Net Common Stock Issuance | -- | -- | 0.00 | 17.6M |
| Financing Cash Flow | 17.4M | 11.3M | 6.6M | 11.9M |
| Cash Flow From Continuing Financing Activities | 17.4M | 11.3M | 6.6M | 11.9M |
| Effect Of Exchange Rate Changes | 559,779 | -253,576 | 75,165 | 248,399 |
| Changes In Cash | 1.4M | -3.1M | 1.5M | -11.6M |
| Beginning Cash Position | 888,141 | 4.3M | 2.6M | 14.0M |
| End Cash Position | 2.9M | 888,141 | 4.3M | 2.6M |
| Free Cash Flow | -16.0M | -14.4M | -16.5M | -11.9M |
| Income Tax Paid Supplemental Data | 91,587 | 278,139 | 250,930 | 179,683 |
| Interest Paid Supplemental Data | 1.1M | 439,833 | 376,042 | 267,747 |
| Asset Impairment Charge | 40.6M | 3.1M | 840,642 | 2.4M |
| Cash From Discontinued Financing Activities | -- | -- | -- | 0.00 |
| Cash From Discontinued Investing Activities | -- | -- | -- | 0.00 |
| Cash From Discontinued Operating Activities | -- | -- | -- | 0.00 |
| Change In Account Payable | 16.7M | 583,613 | -119,331 | 1.1M |
| Change In Income Tax Payable | -3.2M | -1.3M | 1.1M | 1.4M |
| Change In Prepaid Assets | 9,068 | -162,908 | 18,404 | -140,021 |
| Change In Tax Payable | -3.2M | -1.3M | 1.1M | 1.4M |
| Common Stock Issuance | -- | -- | 0.00 | 17.6M |
| Depreciation | 4.6M | 2.9M | 3.0M | 5.0M |
| Gain Loss On Investment Securities | -- | -- | -- | -32,271 |
| Gain Loss On Sale Of PPE | -- | 0.00 | -4.8M | -953,188 |
| Long Term Debt Issuance | 7.8M | 4.6M | 13.3M | 711,001 |
| Long Term Debt Payments | -6.3M | -937,329 | -8.8M | 0.00 |
| Net Business Purchase And Sale | -- | -- | 0.00 | -10.6M |
| Net Foreign Currency Exchange Gain Loss | -1.4M | 1.7M | 500,543 | 494,741 |
| Net Income From Continuing Operations | -56.3M | -10.6M | -3.5M | -13.8M |
| Net Intangibles Purchase And Sale | -9,279 | -54,279 | -89,238 | -8,726 |
| Net Long Term Debt Issuance | 1.6M | 3.7M | 4.5M | 711,001 |
| Net Other Financing Charges | 10.4M | -- | -- | -6.5M |
| Net Other Investing Changes | -- | -- | 2.9M | -988,923 |
| Net Short Term Debt Issuance | 5.4M | 7.6M | 2.1M | 0.00 |
| Operating Gains Losses | -5.2M | 1.7M | -8.0M | -490,718 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 51,225 |
| Purchase Of Intangibles | -9,279 | -54,279 | -89,238 | -8,726 |
| Sale Of PPE | -- | 0.00 | 8.5M | 0.00 |
| Short Term Debt Issuance | 5.4M | 7.6M | 2.1M | 0.00 |
| Unrealized Gain Loss On Investment Securities | 5.6M | 32,464 | 0.00 | -- |