Battery Mineral Resources Corp.
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 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 15.1M | 15.2M | 18.4M | 11.4M | 13.7M | -- |
| Operating Revenue | 14.1M | 14.0M | 17.7M | -6.3M | 12.7M | -- |
| Cost Of Revenue | 9.6M | 11.3M | 11.7M | 10.5M | 10.4M | -- |
| Gross Profit | 5.5M | 3.9M | 6.7M | 927,864 | 3.3M | -- |
| Selling General And Administration | 1.9M | 3.4M | 4.1M | 1.5M | 3.8M | -- |
| General And Administrative Expense | 1.9M | 3.4M | 4.1M | 1.5M | 3.8M | -- |
| Other Operating Expenses | 338,938 | 172,972 | 299,394 | 1.6M | 666,014 | -- |
| Operating Expense | 3.4M | 5.5M | 5.9M | 4.1M | 5.6M | -- |
| Operating Income | 2.2M | -1.5M | 852,191 | -3.2M | -2.3M | -- |
| EBIT | 6.1M | -3.0M | -793,272 | -43.0M | -2.9M | -- |
| Interest Expense | 5.8M | 904,990 | 820,587 | 1.3M | 935,531 | -- |
| Interest Expense Non Operating | 5.8M | 904,990 | 820,587 | 1.3M | 935,531 | -- |
| Net Interest Income | -5.8M | -904,990 | -820,587 | -1.3M | -935,531 | -- |
| Other Income Expense | 4.0M | -1.4M | -1.6M | -39.8M | -578,078 | -- |
| Other Non Operating Income Expenses | 849,057 | 850,411 | -542,728 | -5.1M | 333,039 | -- |
| Special Income Charges | -749,481 | 0.00 | 132,998 | -36.7M | -96,528 | -- |
| Gain On Sale Of Security | 3.9M | -2.3M | -1.2M | 2.0M | -814,589 | -- |
| Pretax Income | 280,915 | -3.9M | -1.6M | -44.3M | -3.9M | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 518,692 | 0.00 | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | -5.2M | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | 280,915 | -3.9M | -1.6M | -44.8M | -3.9M | -- |
| Net Income From Continuing Operation Net Minority Interest | 280,915 | -3.9M | -1.6M | -44.8M | -3.9M | -- |
| Net Income Including Noncontrolling Interests | 280,915 | -3.9M | -1.6M | -44.8M | -3.9M | -- |
| Net Income Common Stockholders | 280,915 | -3.9M | -1.6M | -44.8M | -3.9M | -- |
| Net Income | 280,915 | -3.9M | -1.6M | -44.8M | -3.9M | -- |
| EBITDA | 7.1M | -1.7M | 370,109 | -40.9M | -1.8M | -- |
| Normalized EBITDA | 4.0M | 562,246 | 1.5M | -6.2M | -914,262 | -- |
| Reconciled Depreciation | 999,871 | 1.2M | 1.2M | 2.1M | 1.1M | -- |
| Basic EPS | 0.00 | -0.02 | -0.01 | -- | -0.02 | -0.02 |
| Diluted EPS | 0.00 | -0.02 | -0.01 | -- | -0.02 | -0.02 |
| Basic Average Shares | 181.1M | 181.1M | 181.0M | -- | 181.0M | 181.0M |
| Diluted Average Shares | 181.4M | 181.1M | 181.0M | -- | 181.0M | 181.0M |
| Total Unusual Items | 3.1M | -2.3M | -1.1M | -34.7M | -911,117 | -- |
| Total Unusual Items Excluding Goodwill | 3.1M | -2.3M | -1.1M | -34.7M | -911,117 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | -- |
| Normalized Income | -2.8M | -1.6M | -511,124 | -15.3M | -3.0M | -- |
| Diluted NI Availto Com Stockholders | 280,915 | -3.9M | -1.6M | -44.8M | -3.9M | -- |
| Gain On Sale Of Ppe | 0.00 | 0.00 | 132,998 | -- | 0.00 | 0.00 |
| Impairment Of Capital Assets | 749,481 | 0.00 | 0.00 | 40.5M | 96,528 | -- |
| Net Income Continuous Operations | 280,915 | -3.9M | -1.6M | -44.8M | -3.9M | -- |
| Net Non Operating Interest Income Expense | -5.8M | -904,990 | -820,587 | -1.3M | -935,531 | -- |
| Other Gand A | 1.9M | 3.4M | 4.1M | 1.8M | 3.8M | -- |
| Reconciled Cost Of Revenue | 9.6M | 11.3M | 11.7M | 10.5M | 10.4M | -- |
| Salaries And Wages | 585.00 | 4,774 | 12,832 | -324,889 | 26,083 | -- |
| Total Expenses | 13.0M | 16.7M | 17.5M | 14.6M | 16.1M | -- |
| Total Operating Income As Reported | 1.4M | -1.5M | 852,191 | -43.7M | -2.4M | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 1.6M | 848,671 | 3.4M | 2.9M | 3.3M | -- |
| Cash Cash Equivalents And Short Term Investments | 1.6M | 848,671 | 3.4M | 2.9M | 3.3M | -- |
| Cash Financial | 1.6M | 848,671 | 3.4M | 2.9M | 3.3M | -- |
| Accounts Receivable | 5.9M | 5.1M | 7.5M | 8.1M | 2.0M | -- |
| Receivables | 15.7M | 13.3M | 12.0M | 12.5M | 4.8M | -- |
| Inventory | 5.1M | 1.9M | 1.0M | 1.9M | -- | -- |
| Prepaid Assets | 509,011 | 354,331 | 387,165 | 618,912 | 1.3M | -- |
| Current Assets | 22.9M | 16.4M | 16.8M | 17.9M | 9.4M | -- |
| Gross PPE | 118.0M | 113.0M | 113.7M | 110.9M | 141.4M | -- |
| Accumulated Depreciation | -35.4M | -33.8M | -34.1M | -33.5M | -30.2M | -- |
| Net PPE | 82.6M | 79.2M | 79.6M | 77.3M | 111.2M | -- |
| Goodwill And Other Intangible Assets | 142,884 | 143,072 | 153,963 | 157,310 | 148,210 | -- |
| Total Non Current Assets | 82.8M | 79.3M | 79.7M | 77.5M | 112.9M | -- |
| Total Assets | 105.6M | 95.7M | 96.5M | 95.4M | 122.3M | -- |
| Current Debt | 44.0M | 45.0M | 46.4M | 39.6M | 30.3M | -- |
| Current Debt And Capital Lease Obligation | 44.9M | 46.4M | 48.3M | 41.6M | 30.6M | -- |
| Accounts Payable | 18.6M | 25.0M | 20.0M | 14.3M | 10.1M | -- |
| Payables | 27.4M | 25.2M | 20.5M | 20.7M | 13.9M | -- |
| Payables And Accrued Expenses | 39.1M | 29.9M | 24.9M | 26.6M | 19.1M | -- |
| Current Accrued Expenses | 11.8M | 4.7M | 4.4M | 6.0M | 5.1M | -- |
| Current Deferred Revenue | 2.3M | 2.2M | 2.1M | 740,294 | 471,414 | -- |
| Other Current Liabilities | -- | -- | -- | 3.2M | 1.2M | 1.1M |
| Current Liabilities | 89.5M | 81.6M | 78.5M | 73.9M | 53.1M | -- |
| Long Term Debt | 6.2M | 6.3M | 6.6M | 6.9M | 7.3M | -- |
| Long Term Debt And Capital Lease Obligation | 6.5M | 6.7M | 7.2M | 7.9M | 8.0M | -- |
| Long Term Capital Lease Obligation | 324,303 | 431,343 | 568,504 | 995,919 | 737,281 | -- |
| Other Non Current Liabilities | -- | -1.00 | -- | 4.8M | 6.2M | 6.0M |
| Total Non Current Liabilities Net Minority Interest | 19.7M | 21.1M | 22.2M | 23.7M | 30.5M | -- |
| Total Liabilities Net Minority Interest | 109.2M | 102.7M | 100.7M | 97.7M | 83.6M | -- |
| Common Stock | 64.6M | 64.5M | 64.5M | 64.5M | 64.5M | -- |
| Capital Stock | 64.6M | 64.5M | 64.5M | 64.5M | 64.5M | -- |
| Additional Paid In Capital | 24.6M | 22.5M | 22.5M | 22.5M | 22.8M | -- |
| Retained Earnings | -89.6M | -91.3M | -87.4M | -85.8M | -42.8M | -- |
| Gains Losses Not Affecting Retained Earnings | -3.2M | -2.7M | -3.8M | -3.5M | -5.8M | -- |
| Other Equity Adjustments | -3.2M | -2.7M | -3.8M | -3.5M | -5.8M | -- |
| Common Stock Equity | -3.6M | -7.0M | -4.2M | -2.3M | 38.7M | -- |
| Stockholders Equity | -3.6M | -7.0M | -4.2M | -2.3M | 38.7M | -- |
| Total Equity Gross Minority Interest | -3.6M | -7.0M | -4.2M | -2.3M | 38.7M | -- |
| Total Capitalization | 2.6M | -669,115 | 2.4M | 4.6M | 46.0M | -- |
| Net Tangible Assets | -3.7M | -7.1M | -4.3M | -2.5M | 38.6M | -- |
| Tangible Book Value | -3.7M | -7.1M | -4.3M | -2.5M | 38.6M | -- |
| Working Capital | -66.7M | -65.2M | -61.7M | -56.1M | -43.7M | -- |
| Invested Capital | 46.6M | 44.3M | 48.8M | 44.2M | 76.2M | -- |
| Total Debt | 51.4M | 53.1M | 55.4M | 49.5M | 38.6M | -- |
| Net Debt | 48.6M | 50.4M | 49.6M | 43.6M | 34.3M | -- |
| Share Issued | 181.3M | 181.2M | 181.0M | 181.0M | 181.0M | -- |
| Ordinary Shares Number | 181.3M | 181.2M | 181.0M | 181.0M | 181.0M | -- |
| Capital Lease Obligations | 1.2M | 1.9M | 2.5M | 3.1M | 1.1M | -- |
| Current Capital Lease Obligation | 870,717 | 1.4M | 1.9M | 2.1M | 367,074 | -- |
| Current Deferred Liabilities | 5.5M | 5.3M | 5.3M | 2.5M | 2.2M | -- |
| Current Notes Payable | 9.0M | 11.5M | 11.9M | 5.9M | 2.0M | -- |
| Income Tax Payable | 219,897 | 228,637 | 527,631 | 901,960 | 3.9M | -- |
| Long Term Provisions | 8.4M | 8.3M | 8.5M | 8.2M | 7.6M | -- |
| Machinery Furniture Equipment | 22.8M | 20.9M | 20.3M | 19.2M | 27.5M | -- |
| Non Current Accounts Receivable | -- | -- | -- | -- | 1.4M | 1.4M |
| Non Current Deferred Assets | -- | -- | -- | 0.00 | 200,831 | 203,628 |
| Non Current Deferred Liabilities | 4.8M | 6.0M | 6.6M | 2.9M | 3.8M | -- |
| Non Current Deferred Taxes Assets | -- | -- | -- | 0.00 | 200,831 | 203,628 |
| Non Current Deferred Taxes Liabilities | 883,644 | 883,644 | 883,644 | 883,644 | 883,644 | -- |
| Other Current Borrowings | 35.1M | 33.5M | 34.5M | 33.7M | 28.3M | -- |
| Other Inventories | -- | 1.9M | -- | -- | -- | -- |
| Other Properties | 56.1M | 53.9M | 55.3M | 54.6M | 53.2M | -- |
| Other Receivables | -- | 371,011 | 118,833 | 167,346 | 296,926 | 604,664 |
| Raw Materials | 5.1M | 1.9M | -- | 1.9M | -- | -- |
| Taxes Receivable | 9.8M | 7.8M | 4.4M | 4.3M | 2.5M | -- |
| Total Tax Payable | 8.7M | 228,637 | 527,631 | 6.3M | 3.9M | -- |
| Tradeand Other Payables Non Current | -- | -- | -- | 0.00 | 4.9M | 4.2M |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | 8.8M | 2.8M | 6.4M | -2.7M | 4.0M | -- |
| Cash Flow From Continuing Operating Activities | 8.8M | 2.8M | 6.4M | -2.7M | 4.0M | -- |
| Depreciation And Amortization | 999,871 | 1.2M | 1.2M | 2.1M | 1.1M | -- |
| Depreciation Amortization Depletion | 999,871 | 1.2M | 1.2M | 2.1M | 1.1M | -- |
| Stock Based Compensation | -1.3M | 2,381 | 7,255 | -153,195 | 18,342 | -- |
| Deferred Tax | 1,281 | -- | -- | -- | 0.00 | -- |
| Deferred Income Tax | 1,281 | -- | -- | -- | 0.00 | -- |
| Change In Working Capital | 3.6M | 2.6M | 5.3M | -2.8M | 6.4M | -- |
| Change In Receivables | -2.3M | -1.3M | 523,659 | -3.7M | -1.8M | -- |
| Change In Inventory | -3.2M | -862,917 | 827,709 | -1.3M | -526,663 | -- |
| Change In Payables And Accrued Expense | 9.2M | 4.5M | 4.1M | 5.5M | 6.0M | -- |
| Change In Payable | 9.2M | 4.5M | 4.1M | 5.5M | 6.0M | -- |
| Change In Other Working Capital | 24,488 | 13,678 | -190,253 | 316,853 | 59,587 | -- |
| Change In Other Current Assets | 0.00 | 0.00 | 0.00 | -7.1M | 614,009 | -- |
| Change In Other Current Liabilities | 0.00 | 236,129 | -236,129 | 3.3M | 2.2M | -- |
| Other Non Cash Items | 3.0M | 509,883 | 967,481 | 2.0M | 490,433 | -- |
| Capital Expenditure | -4.1M | -4.6M | -2.7M | -407,208 | -4.8M | -- |
| Purchase Of PPE | -4.1M | -4.6M | -2.7M | -404,699 | -4.8M | -- |
| Net PPE Purchase And Sale | -4.1M | -4.6M | -2.7M | -404,699 | -2.8M | -- |
| Investing Cash Flow | -4.7M | -5.0M | -3.5M | -407,208 | -2.8M | -- |
| Cash Flow From Continuing Investing Activities | -4.7M | -5.0M | -3.5M | -407,208 | -2.8M | -- |
| Issuance Of Debt | 0.00 | 144,840 | 0.00 | 1.1M | 1.6M | -- |
| Repayment Of Debt | -3.8M | -241,020 | -756,531 | -2.7M | -1.1M | -- |
| Net Issuance Payments Of Debt | -3.8M | -96,180 | -756,531 | -1.5M | 535,062 | -- |
| Financing Cash Flow | -5.2M | -967,715 | -2.0M | 1.9M | 535,062 | -- |
| Cash Flow From Continuing Financing Activities | -5.2M | -967,715 | -2.0M | 1.9M | 535,062 | -- |
| Effect Of Exchange Rate Changes | 1.8M | 655,715 | -282,024 | 778,027 | -250,440 | -- |
| Changes In Cash | -1.1M | -3.2M | 816,655 | -1.2M | 1.7M | -- |
| Beginning Cash Position | 848,671 | 3.4M | 2.9M | 3.3M | 1.8M | -- |
| End Cash Position | 1.6M | 848,671 | 3.4M | 2.9M | 3.3M | -- |
| Free Cash Flow | 4.7M | -1.8M | 3.7M | -3.1M | -807,062 | -- |
| Income Tax Paid Supplemental Data | -- | -- | -- | 0.00 | 0.00 | 90,482 |
| Interest Paid Supplemental Data | -- | -- | -- | 0.00 | 699,168 | 342,881 |
| Asset Impairment Charge | 749,481 | 0.00 | 0.00 | 40.5M | 96,528 | -- |
| Change In Account Payable | 9.2M | 5.2M | 4.1M | 9.1M | 4.4M | -- |
| Change In Income Tax Payable | -8,740 | -729,220 | 55,897 | -3.6M | 1.6M | -- |
| Change In Prepaid Assets | -155,413 | 32,834 | 231,747 | 94,332 | -80,835 | -- |
| Change In Tax Payable | -8,740 | -729,220 | 55,897 | -3.6M | 1.6M | -- |
| Depreciation | 999,871 | 1.2M | 1.2M | 2.1M | 1.1M | -- |
| Gain Loss On Sale Of PPE | 3.5M | -- | -- | -- | 0.00 | -- |
| Long Term Debt Issuance | -- | 144,840 | 0.00 | -135,029 | 1.4M | 3.0M |
| Long Term Debt Payments | -3.8M | -241,020 | -756,531 | -2.7M | -1.1M | -- |
| Net Foreign Currency Exchange Gain Loss | -1.1M | 3.1M | 151,504 | -1.1M | -51,214 | -- |
| Net Income From Continuing Operations | 280,915 | -3.9M | -1.6M | -44.8M | -3.9M | -- |
| Net Intangibles Purchase And Sale | 0.00 | 0.00 | 0.00 | -2,509 | -708.00 | -- |
| Net Long Term Debt Issuance | -3.8M | -96,180 | -756,531 | -2.8M | 258,142 | -- |
| Net Other Financing Charges | -1.5M | -871,535 | -1.3M | 3.4M | 0.00 | -- |
| Net Other Investing Changes | -564,610 | -438,362 | -827,248 | -- | -- | -- |
| Net Short Term Debt Issuance | 0.00 | 0.00 | -- | 1.3M | 276,920 | 1.0M |
| Operating Gains Losses | 2.5M | 3.1M | 18,506 | -4.9M | -51,214 | -- |
| Purchase Of Intangibles | 0.00 | 0.00 | 0.00 | -2,509 | -708.00 | -- |
| Sale Of PPE | 0.00 | 0.00 | 10,523 | -- | 2.0M | 0.00 |
| Short Term Debt Issuance | 0.00 | 0.00 | -- | 1.3M | 276,920 | 1.0M |
| Unrealized Gain Loss On Investment Securities | -977,807 | -820,672 | 557,776 | 5.2M | -281,394 | -- |