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Brunswick Exploration Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00
Cost Of Revenue -- 30,130 15,693 8,757
Gross Profit -- -30,130 -15,693 -8,757
Selling General And Administration 3.5M 3.0M 1.4M 1.5M
General And Administrative Expense 3.5M 3.0M 1.4M 1.5M
Depreciation And Amortization In Income Statement 24,426 30,130 -- --
Other Operating Expenses 373,262 247,928 -- --
Operating Expense 3.9M 3.3M 1.4M 1.5M
Operating Income -3.9M -3.3M -1.4M -1.5M
EBIT -8.6M -5.9M -5.6M -991,051
Interest Expense 0.00 31,554 68,468 180,392
Interest Expense Non Operating 0.00 31,554 68,468 180,392
Interest Income 310,295 635,401 72,667 4,866
Interest Income Non Operating 310,295 635,401 72,667 4,866
Net Interest Income 266,820 494,454 4,199 -175,526
Other Income Expense -5.1M -3.1M -4.3M 491,130
Other Non Operating Income Expenses -- -- -- 131,969
Special Income Charges -5.1M -3.1M -4.3M 0.00
Gain On Sale Of Security -- -- -- 359,161
Pretax Income -8.6M -5.9M -5.7M -1.2M
Tax Provision -312,863 -718,783 -138,732 0.00
Tax Effect Of Unusual Items -183,074 -376,458 -105,041 0.00
Net Income From Continuing And Discontinued Operation -8.3M -5.2M -5.6M -64,187
Net Income From Continuing Operation Net Minority Interest -8.3M -5.2M -5.6M -1.2M
Net Income Including Noncontrolling Interests -8.3M -5.2M -5.6M -64,187
Net Income Common Stockholders -8.3M -5.2M -5.6M -64,187
Net Income -8.3M -5.2M -5.6M -64,187
EBITDA -8.6M -5.9M -5.6M -982,294
Normalized EBITDA -3.6M -2.8M -1.3M -1.3M
Reconciled Depreciation 24,426 30,130 15,693 8,757
Basic EPS -0.04 -0.03 -0.04 0.00
Diluted EPS -0.04 -0.03 -0.04 0.00
Basic Average Shares 197.1M 185.6M 147.4M 131.4M
Diluted Average Shares 197.1M 185.6M 147.4M 131.4M
Total Unusual Items -5.1M -3.1M -4.3M 359,161
Total Unusual Items Excluding Goodwill -5.1M -3.1M -4.3M 359,161
Tax Rate For Calcs 0.04 0.12 0.02 0.00
Normalized Income -3.5M -2.5M -1.3M -1.5M
Depreciation Amortization Depletion Income Statement 24,426 30,130 -- --
Depreciation Income Statement 24,426 30,130 -- --
Diluted NI Availto Com Stockholders -8.3M -5.2M -5.6M -64,187
Gain On Sale Of Business -- -- -- 1.1M
Impairment Of Capital Assets 5.1M 3.1M 4.3M 0.00
Net Income Continuous Operations -8.3M -5.2M -5.6M -1.2M
Net Income Discontinuous Operations -- -- 0.00 1.1M
Net Non Operating Interest Income Expense 266,820 494,454 4,199 -175,526
Other Gand A 1.4M 1.4M 699,565 974,251
Reconciled Cost Of Revenue -- 30,130 15,693 8,757
Salaries And Wages 2.1M 1.6M 670,776 504,039
Total Expenses 3.9M 3.3M 1.4M 1.5M
Total Other Finance Cost 43,475 109,393 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 5.6M 12.2M 8.1M 1.5M
Cash Cash Equivalents And Short Term Investments 5.6M 12.2M 8.1M 1.5M
Cash Equivalents 80,000 10.9M 5.8M 0.00
Cash Financial 5.5M 1.2M 2.2M 1.5M
Other Short Term Investments -- -- -- 0.00
Receivables 1.7M 979,050 264,996 727,122
Prepaid Assets 361,828 322,428 161,909 91,642
Current Assets 7.7M 13.5M 8.5M 2.3M
Gross PPE 14.4M 10.2M 3.1M 4.0M
Net PPE 14.4M 10.2M 3.1M 4.0M
Goodwill And Other Intangible Assets -- -- 42,439 23,708
Total Non Current Assets 14.4M 10.2M 3.1M 4.0M
Total Assets 22.1M 23.7M 11.6M 6.3M
Current Debt -- -- 301,779 264,865
Current Debt And Capital Lease Obligation -- 51,000 301,779 264,865
Payables And Accrued Expenses 946,950 1.1M 496,822 812,170
Current Liabilities 2.8M 1.4M 1.5M 1.1M
Long Term Debt -- -- -- 301,779
Long Term Debt And Capital Lease Obligation -- 0.00 42,500 386,779
Long Term Capital Lease Obligation -- 0.00 42,500 85,000
Total Non Current Liabilities Net Minority Interest 0.00 0.00 42,500 386,779
Total Liabilities Net Minority Interest 2.8M 1.4M 1.5M 1.5M
Common Stock 54.1M 49.7M 33.7M 23.1M
Capital Stock 54.1M 49.7M 33.7M 23.1M
Additional Paid In Capital 2.5M 2.5M 2.5M 2.5M
Retained Earnings -43.1M -34.6M -28.0M -21.8M
Common Stock Equity 19.3M 22.2M 10.0M 4.8M
Stockholders Equity 19.3M 22.2M 10.0M 4.8M
Total Equity Gross Minority Interest 19.3M 22.2M 10.0M 4.8M
Total Capitalization 19.3M 22.2M 10.0M 5.1M
Net Tangible Assets 19.3M 22.2M 10.0M 4.8M
Tangible Book Value 19.3M 22.2M 10.0M 4.8M
Working Capital 5.0M 12.1M 7.0M 1.2M
Invested Capital 19.3M 22.2M 10.3M 5.4M
Total Debt 0.00 51,000 344,279 651,644
Share Issued 218.1M 194.1M 173.1M 131.4M
Ordinary Shares Number 218.1M 194.1M 173.1M 131.4M
Assets Held For Sale Current -- -- -- 0.00
Capital Lease Obligations 0.00 51,000 42,500 85,000
Current Capital Lease Obligation 0.00 51,000 0.00 --
Current Deferred Liabilities 1.8M 312,863 671,108 0.00
Duefrom Related Parties Current -- -- 84,304 67,211
Other Current Borrowings -- -- 301,779 264,865
Other Equity Interest 5.8M 4.6M 1.9M 996,846
Other Properties 14.4M 10.2M 3.1M 4.0M
Other Receivables 53,444 36,473 84,304 --
Taxes Receivable 1.7M 942,577 180,692 659,911
Treasury Shares Number -- 0.00 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -2.6M -1.7M -757,380 -1.3M
Cash Flow From Continuing Operating Activities -2.6M -1.7M -757,380 -1.3M
Depreciation And Amortization 24,426 30,130 15,693 8,757
Depreciation Amortization Depletion 24,426 30,130 15,693 8,757
Stock Based Compensation 1.1M 701,166 189,383 113,983
Deferred Tax -312,863 -718,783 -138,732 0.00
Deferred Income Tax -312,863 -718,783 -138,732 0.00
Change In Working Capital -110,768 379,958 350,911 -442,698
Change In Receivables 54,493 64,872 462,126 -346,782
Change In Payables And Accrued Expense -125,861 475,605 -40,948 -4,274
Other Non Cash Items -- 31,554 68,468 -58,174
Capital Expenditure -9.7M -9.2M -3.9M -2.9M
Purchase Of PPE -9.7M -9.2M -3.9M -2.9M
Net PPE Purchase And Sale -9.7M -9.2M -3.9M -2.9M
Sale Of Business -- -- -- 0.00
Sale Of Investment -- -- 0.00 1.7M
Net Investment Purchase And Sale -- -- 0.00 1.7M
Investing Cash Flow -8.8M -9.1M -3.7M -1.2M
Cash Flow From Continuing Investing Activities -8.8M -9.1M -3.7M -1.2M
Repayment Of Debt -- -- 0.00 -833,333
Net Issuance Payments Of Debt -- -- 0.00 -833,333
Issuance Of Capital Stock 4.8M 15.3M 9.9M 0.00
Net Common Stock Issuance 4.8M 15.3M 9.9M 0.00
Financing Cash Flow 4.8M 15.0M 11.1M -933,333
Cash Flow From Continuing Financing Activities 4.8M 15.0M 11.1M -933,333
Changes In Cash -6.6M 4.1M 6.6M -3.4M
Beginning Cash Position 12.2M 8.1M 1.5M 4.8M
End Cash Position 5.6M 12.2M 8.1M 1.5M
Free Cash Flow -12.2M -10.9M -4.6M -4.2M
Interest Paid Supplemental Data -- 0.00 101,781 420,000
Amortization Cash Flow -- -- -- 8,757
Amortization Of Intangibles -- -- -- 8,757
Asset Impairment Charge 5.1M 3.1M 4.3M 0.00
Change In Prepaid Assets -39,400 -160,519 -70,267 -91,642
Common Stock Issuance 4.8M 15.3M 9.9M 0.00
Gain Loss On Investment Securities -- -- -- -359,161
Gain Loss On Sale Of Business -- -- 0.00 -461,806
Long Term Debt Payments -- -- 0.00 -833,333
Net Business Purchase And Sale -- -- -- 0.00
Net Foreign Currency Exchange Gain Loss -- -- -- 0.00
Net Income From Continuing Operations -8.3M -5.2M -5.6M -64,187
Net Intangibles Purchase And Sale -- -- -- -7,827
Net Long Term Debt Issuance -- -- 0.00 -833,333
Net Other Financing Charges -162,933 -1.2M -668,387 -100,000
Net Other Investing Changes 886,798 70,580 129,650 --
Operating Gains Losses -- -- -- -820,967
Proceeds From Stock Option Exercised 139,649 909,161 1.9M 0.00
Purchase Of Intangibles -- -- -- -7,827
Unrealized Gain Loss On Investment Securities -- -- -- 0.00
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