Borealis Mining Company Limited
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Jul 31, 2025 | FY 2024Jul 31, 2024 | FY 2023Jul 31, 2023 |
|---|---|---|---|
| Total Revenue | 3.8M | 995,563 | -- |
| Operating Revenue | 3.8M | 995,563 | -- |
| Cost Of Revenue | 3.3M | 866,866 | -- |
| Gross Profit | 492,557 | 128,697 | -- |
| Selling General And Administration | 5.7M | 2.0M | -- |
| General And Administrative Expense | 5.7M | 2.0M | -- |
| Other Operating Expenses | 2.2M | 3.4M | -- |
| Operating Expense | 7.9M | 5.4M | -- |
| Operating Income | -7.4M | -5.3M | -- |
| EBIT | -14.3M | -5.9M | -- |
| Interest Expense | 548,620 | 187,599 | -- |
| Interest Expense Non Operating | 548,620 | 187,599 | -- |
| Net Interest Income | -548,620 | -187,599 | -- |
| Other Income Expense | -6.9M | -668,044 | -- |
| Other Non Operating Income Expenses | -- | -668,044 | -- |
| Special Income Charges | -6.9M | 0.00 | -- |
| Restructuring And Mergern Acquisition | 6.9M | 0.00 | -- |
| Pretax Income | -14.9M | -6.1M | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -14.9M | -6.1M | -- |
| Net Income From Continuing Operation Net Minority Interest | -14.9M | -6.1M | -- |
| Net Income Including Noncontrolling Interests | -14.9M | -6.1M | -- |
| Net Income Common Stockholders | -14.9M | -6.1M | -- |
| Net Income | -14.9M | -6.1M | -- |
| EBITDA | -14.1M | -5.6M | -- |
| Normalized EBITDA | -7.2M | -5.6M | -- |
| Reconciled Depreciation | 236,374 | 335,056 | -- |
| Basic EPS | -0.15 | -0.07 | -- |
| Diluted EPS | -0.15 | -0.07 | -- |
| Basic Average Shares | 96.3M | 83.2M | -- |
| Diluted Average Shares | 96.3M | 83.2M | -- |
| Total Unusual Items | -6.9M | 0.00 | -- |
| Total Unusual Items Excluding Goodwill | -6.9M | 0.00 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | -- |
| Normalized Income | -8.0M | -6.1M | -- |
| Diluted NI Availto Com Stockholders | -14.9M | -6.1M | -- |
| Net Income Continuous Operations | -14.9M | -6.1M | -- |
| Net Non Operating Interest Income Expense | -548,620 | -187,599 | -- |
| Other Gand A | 5.7M | 2.0M | -- |
| Reconciled Cost Of Revenue | 3.3M | 866,866 | -- |
| Total Expenses | 11.2M | 6.3M | -- |
| Line Item | FY 2025Jul 31, 2025 | FY 2024Jul 31, 2024 | FY 2023Jul 31, 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 3.2M | 2.6M | 1.0M |
| Cash Cash Equivalents And Short Term Investments | 3.2M | 2.6M | 1.0M |
| Cash Financial | 3.2M | 2.6M | 1.0M |
| Accounts Receivable | 381,525 | 129,330 | 0.00 |
| Receivables | 381,525 | 129,330 | 0.00 |
| Inventory | 1.9M | 1.3M | 316,569 |
| Prepaid Assets | 759,947 | 678,184 | 308,301 |
| Current Assets | 6.3M | 4.8M | 1.7M |
| Gross PPE | 934,966 | 766,800 | 538,932 |
| Accumulated Depreciation | -663,611 | -427,237 | -92,181 |
| Net PPE | 271,355 | 339,563 | 446,751 |
| Other Non Current Assets | 2.5M | 2.3M | 25,630 |
| Total Non Current Assets | 2.8M | 2.6M | 472,381 |
| Total Assets | 9.0M | 7.4M | 2.1M |
| Payables And Accrued Expenses | 1.1M | 647,182 | 804,485 |
| Other Current Liabilities | -- | -- | 5.0M |
| Current Liabilities | 1.1M | 647,182 | 5.8M |
| Other Non Current Liabilities | 13,307 | 13,307 | 13,307 |
| Total Non Current Liabilities Net Minority Interest | 10.7M | 10.7M | 10.8M |
| Total Liabilities Net Minority Interest | 11.8M | 11.3M | 16.6M |
| Common Stock | 29.3M | 17.2M | 1.8M |
| Capital Stock | 29.3M | 17.2M | 1.8M |
| Retained Earnings | -37.3M | -22.5M | -16.3M |
| Gains Losses Not Affecting Retained Earnings | 5.2M | 1.2M | -21,332 |
| Other Equity Adjustments | 5.2M | 1.2M | -21,332 |
| Common Stock Equity | -2.8M | -4.0M | -14.5M |
| Stockholders Equity | -2.8M | -4.0M | -14.5M |
| Total Equity Gross Minority Interest | -2.8M | -4.0M | -14.5M |
| Total Capitalization | -2.8M | -4.0M | -14.5M |
| Net Tangible Assets | -2.8M | -4.0M | -14.5M |
| Tangible Book Value | -2.8M | -4.0M | -14.5M |
| Working Capital | 5.2M | 4.1M | -4.2M |
| Invested Capital | -2.8M | -4.0M | -14.5M |
| Share Issued | 115.7M | 83.2M | 83.2M |
| Ordinary Shares Number | 115.7M | 83.2M | 83.2M |
| Buildings And Improvements | 22,726 | 22,726 | 16,700 |
| Finished Goods | 0.00 | 71,845 | 316,569 |
| Inventories Adjustments Allowances | -- | -- | -196,997 |
| Long Term Provisions | 10.7M | 10.7M | 10.8M |
| Machinery Furniture Equipment | 912,240 | 744,074 | 522,232 |
| Work In Process | 1.9M | 1.2M | -- |
| Line Item | FY 2025Jul 31, 2025 | FY 2024Jul 31, 2024 | FY 2023Jul 31, 2023 |
|---|---|---|---|
| Operating Cash Flow | -6.3M | -7.6M | -- |
| Cash Flow From Continuing Operating Activities | -6.3M | -7.6M | -- |
| Depreciation And Amortization | 236,374 | 335,056 | -- |
| Depreciation Amortization Depletion | 236,374 | 335,056 | -- |
| Stock Based Compensation | 2.1M | 0.00 | -- |
| Change In Working Capital | -709,203 | -1.6M | -- |
| Changes In Account Receivables | -247,771 | -129,330 | -- |
| Change In Receivables | -247,771 | -129,330 | -- |
| Change In Inventory | -625,041 | -992,396 | -- |
| Change In Payables And Accrued Expense | 195,050 | -157,303 | -- |
| Other Non Cash Items | 6.9M | -145,648 | -- |
| Capital Expenditure | -168,166 | -227,868 | -- |
| Purchase Of PPE | -168,166 | -227,868 | -- |
| Net PPE Purchase And Sale | -168,166 | -227,868 | -- |
| Purchase Of Business | -- | 0.00 | -- |
| Sale Of Business | 29,611 | 0.00 | -- |
| Investing Cash Flow | 132,512 | -2.5M | -- |
| Cash Flow From Continuing Investing Activities | 132,512 | -2.5M | -- |
| Issuance Of Capital Stock | 7.0M | 12.5M | -- |
| Net Common Stock Issuance | 7.0M | 12.5M | -- |
| Financing Cash Flow | 6.6M | 11.8M | -- |
| Cash Flow From Continuing Financing Activities | 6.6M | 11.8M | -- |
| Effect Of Exchange Rate Changes | 146,359 | -139,397 | -- |
| Changes In Cash | 402,902 | 1.7M | -- |
| Beginning Cash Position | 2.6M | 1.0M | -- |
| End Cash Position | 3.2M | 2.6M | -- |
| Free Cash Flow | -6.5M | -7.8M | -- |
| Change In Prepaid Assets | -31,441 | -369,883 | -- |
| Common Stock Issuance | 7.0M | 12.5M | -- |
| Depreciation | 236,374 | 335,056 | -- |
| Net Business Purchase And Sale | 29,611 | 0.00 | -- |
| Net Income From Continuing Operations | -14.9M | -6.1M | -- |
| Net Other Financing Charges | -596,542 | -737,388 | -- |
| Net Other Investing Changes | 271,067 | -2.3M | -- |
| Proceeds From Stock Option Exercised | 189,889 | 0.00 | -- |