Burcon NutraScience Corporation
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2023Mar 31, 2023 | FY 2022Mar 31, 2022 | FY 2021Mar 31, 2021 |
|---|---|---|---|
| Total Revenue | 363,913 | 171,471 | 258,646 |
| Operating Revenue | 363,913 | 171,471 | 258,646 |
| Selling General And Administration | 3.7M | 4.2M | 3.6M |
| General And Administrative Expense | 3.7M | 4.2M | 3.6M |
| Research And Development | 4.1M | 3.3M | 414,005 |
| Depreciation And Amortization In Income Statement | 30,741 | 36,700 | 47,474 |
| Other Operating Expenses | -- | 1.4M | 785,957 |
| Operating Expense | 7.9M | 7.5M | 4.8M |
| Operating Income | -7.5M | -7.4M | -4.6M |
| EBIT | -24.9M | -10.2M | 152,912 |
| Interest Expense | 466,290 | 72,527 | 770,404 |
| Interest Expense Non Operating | 466,290 | 72,527 | 770,404 |
| Interest Income | 425,474 | 434,496 | 446,765 |
| Interest Income Non Operating | 425,474 | 434,496 | 446,765 |
| Net Interest Income | -41,547 | 321,017 | -347,429 |
| Other Income Expense | -17.8M | -3.2M | 4.3M |
| Other Non Operating Income Expenses | -4.3M | 114,435 | 342,469 |
| Special Income Charges | -8.0M | 961,164 | 6.4M |
| Write Off | 8.0M | 0.00 | -- |
| Gain On Sale Of Security | 3,129 | -3,608 | -4,347 |
| Earnings From Equity Interest | -5.5M | -4.3M | -2.4M |
| Pretax Income | -25.4M | -10.3M | -617,492 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -25.4M | -10.3M | -617,492 |
| Net Income From Continuing Operation Net Minority Interest | -25.4M | -10.3M | -617,492 |
| Net Income Including Noncontrolling Interests | -25.4M | -10.3M | -617,492 |
| Net Income Common Stockholders | -25.4M | -10.3M | -617,492 |
| Net Income | -25.4M | -10.3M | -617,492 |
| EBITDA | -24.2M | -9.9M | 276,146 |
| Normalized EBITDA | -16.3M | -10.9M | -6.1M |
| Reconciled Depreciation | 660,989 | 261,411 | 123,234 |
| Basic EPS | -3.80 | -1.49 | -0.17 |
| Diluted EPS | -3.80 | -1.49 | -0.17 |
| Basic Average Shares | 6.6M | 6.6M | 6.2M |
| Diluted Average Shares | 6.6M | 6.6M | 6.2M |
| Total Unusual Items | -8.0M | 957,556 | 6.4M |
| Total Unusual Items Excluding Goodwill | -8.0M | 957,556 | 6.4M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 |
| Normalized Income | -17.4M | -11.2M | -7.0M |
| Amortization | -- | 36,700 | 47,474 |
| Amortization Of Intangibles Income Statement | -- | 36,700 | 47,474 |
| Depreciation Amortization Depletion Income Statement | 30,741 | 36,700 | 47,474 |
| Depreciation Income Statement | 30,741 | 36,700 | -- |
| Diluted NI Availto Com Stockholders | -25.4M | -10.3M | -617,492 |
| Gain On Sale Of Business | 0.00 | 961,164 | 6.4M |
| Gain On Sale Of Ppe | -- | 0.00 | 0.00 |
| Net Income Continuous Operations | -25.4M | -10.3M | -617,492 |
| Net Non Operating Interest Income Expense | -41,547 | 321,017 | -347,429 |
| Other Gand A | 1.5M | 1.7M | 947,005 |
| Rent And Landing Fees | -- | 0.00 | 0.00 |
| Rent Expense Supplemental | -- | 0.00 | 0.00 |
| Salaries And Wages | 2.2M | 2.5M | 2.6M |
| Total Expenses | 7.9M | 7.5M | 4.8M |
| Total Operating Income As Reported | -7.5M | -7.4M | -4.6M |
| Total Other Finance Cost | 731.00 | 40,952 | 23,790 |
| Line Item | FY 2023Mar 31, 2023 | FY 2022Mar 31, 2022 | FY 2021Mar 31, 2021 |
|---|---|---|---|
| Cash And Cash Equivalents | 1.5M | 7.0M | 14.0M |
| Cash Cash Equivalents And Short Term Investments | 1.5M | 7.0M | 14.0M |
| Cash Financial | 1.5M | 7.0M | -- |
| Accounts Receivable | 332,118 | 200,342 | 338,715 |
| Receivables | 332,118 | 200,342 | 338,715 |
| Inventory | -- | 0.00 | 132,473 |
| Prepaid Assets | 75,902 | 291,621 | 154,757 |
| Current Assets | 1.9M | 7.6M | 14.6M |
| Gross PPE | 5.4M | 5.1M | 4.9M |
| Accumulated Depreciation | -4.4M | -4.2M | -3.9M |
| Net PPE | 983,924 | 859,386 | 1.0M |
| Goodwill | 1.3M | 1.3M | 1.3M |
| Goodwill And Other Intangible Assets | 7.1M | 7.5M | 5.7M |
| Other Intangible Assets | 5.8M | 6.2M | 4.5M |
| Investments And Advances | 0.00 | 13.4M | 16.4M |
| Long Term Equity Investment | 0.00 | 13.4M | 16.4M |
| Total Non Current Assets | 8.0M | 21.7M | 23.1M |
| Total Assets | 9.9M | 29.3M | 37.7M |
| Current Debt And Capital Lease Obligation | 34,431 | 14,397 | 28,431 |
| Accounts Payable | 590,936 | 906,651 | 1.4M |
| Payables | 590,936 | 906,651 | 1.4M |
| Payables And Accrued Expenses | 590,936 | 906,651 | 1.4M |
| Current Accrued Expenses | -- | -- | 0.00 |
| Current Deferred Revenue | 0.00 | 122,707 | 0.00 |
| Current Liabilities | 625,367 | 1.0M | 1.4M |
| Long Term Debt | 5.1M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 5.1M | 58,742 | 5,266 |
| Long Term Capital Lease Obligation | 24,310 | 58,742 | 5,266 |
| Total Non Current Liabilities Net Minority Interest | 5.1M | 58,742 | 5,266 |
| Total Liabilities Net Minority Interest | 5.8M | 1.1M | 1.5M |
| Common Stock | 114.6M | 114.6M | 114.1M |
| Capital Stock | 114.6M | 114.6M | 114.1M |
| Additional Paid In Capital | 16.8M | 15.9M | 14.1M |
| Retained Earnings | -134.6M | -109.2M | -99.0M |
| Gains Losses Not Affecting Retained Earnings | -- | 12,078 | 0.00 |
| Common Stock Equity | 4.1M | 28.2M | 36.3M |
| Stockholders Equity | 4.1M | 28.2M | 36.3M |
| Total Equity Gross Minority Interest | 4.1M | 28.2M | 36.3M |
| Total Capitalization | 9.2M | 28.2M | 36.3M |
| Net Tangible Assets | -2.9M | 20.8M | 30.6M |
| Tangible Book Value | -2.9M | 20.8M | 30.6M |
| Working Capital | 1.2M | 6.6M | 13.2M |
| Invested Capital | 9.2M | 28.2M | 36.3M |
| Total Debt | 5.2M | 73,139 | 33,697 |
| Net Debt | 3.7M | -- | -- |
| Share Issued | 6.6M | 6.6M | 6.6M |
| Ordinary Shares Number | 6.6M | 6.6M | 6.6M |
| Capital Lease Obligations | 58,741 | 73,139 | 33,697 |
| Current Capital Lease Obligation | 34,431 | 14,397 | 28,431 |
| Current Deferred Liabilities | 0.00 | 122,707 | 0.00 |
| Interest Payable | -- | -- | 0.00 |
| Investmentsin Associatesat Cost | 0.00 | 13.4M | 16.4M |
| Leases | 97,811 | 88,644 | 88,644 |
| Machinery Furniture Equipment | 136,759 | 128,778 | 123,340 |
| Minimum Pension Liabilities | -- | 12,078 | 0.00 |
| Other Equity Interest | 7.4M | 7.1M | 7.1M |
| Other Properties | 5.2M | 4.8M | 4.7M |
| Properties | 0.00 | 0.00 | 0.00 |
| Restricted Cash | 0.00 | 122,707 | 0.00 |
| Line Item | FY 2023Mar 31, 2023 | FY 2022Mar 31, 2022 | FY 2021Mar 31, 2021 |
|---|---|---|---|
| Operating Cash Flow | -6.0M | -5.9M | -3.0M |
| Cash Flow From Continuing Operating Activities | -6.0M | -5.9M | -3.0M |
| Depreciation And Amortization | 660,989 | 261,411 | 123,234 |
| Depreciation Amortization Depletion | 660,989 | 261,411 | 123,234 |
| Stock Based Compensation | 1.3M | 1.4M | 1.6M |
| Change In Working Capital | -238,235 | -510,031 | 45,390 |
| Change In Receivables | -131,776 | 138,373 | -6,467 |
| Change In Inventory | 0.00 | 287.00 | -331.00 |
| Change In Payables And Accrued Expense | -322,178 | -509,071 | 190,487 |
| Change In Other Working Capital | -- | -- | -275,578 |
| Other Non Cash Items | 4.3M | -308,515 | 300,411 |
| Capital Expenditure | -359,906 | -1.3M | -2.9M |
| Purchase Of PPE | -359,906 | -51,512 | -894,529 |
| Net PPE Purchase And Sale | -359,906 | -51,512 | -894,529 |
| Purchase Of Business | -- | 0.00 | 0.00 |
| Investing Cash Flow | -4.4M | -1.2M | -2.7M |
| Cash Flow From Continuing Investing Activities | -4.4M | -1.2M | -2.7M |
| Issuance Of Debt | 5.0M | 0.00 | 0.00 |
| Repayment Of Debt | -14,398 | -97,946 | -90,153 |
| Net Issuance Payments Of Debt | 5.0M | -97,946 | -90,153 |
| Issuance Of Capital Stock | 0.00 | 272,024 | 5.0M |
| Net Common Stock Issuance | 0.00 | 272,024 | 5.0M |
| Financing Cash Flow | 4.9M | 174,078 | 4.7M |
| Cash Flow From Continuing Financing Activities | 4.9M | 174,078 | 4.7M |
| Effect Of Exchange Rate Changes | 10,487 | -548.00 | -4,474 |
| Changes In Cash | -5.6M | -7.0M | -1.1M |
| Beginning Cash Position | 7.0M | 14.0M | 15.0M |
| End Cash Position | 1.5M | 7.0M | 14.0M |
| Free Cash Flow | -6.4M | -7.2M | -5.9M |
| Amortization Cash Flow | 421,503 | 105,375 | 0.00 |
| Amortization Of Intangibles | 421,503 | 105,375 | 0.00 |
| Asset Impairment Charge | 8.0M | 132,186 | -- |
| Change In Prepaid Assets | 215,719 | -139,620 | 137,279 |
| Common Stock Issuance | 0.00 | 272,024 | 5.0M |
| Depreciation | 239,486 | 156,036 | 123,234 |
| Earnings Losses From Equity Investments | 5.5M | 4.3M | 2.4M |
| Gain Loss On Investment Securities | -- | -961,164 | -6.4M |
| Gain Loss On Sale Of Business | 0.00 | -961,164 | -- |
| Gain Loss On Sale Of PPE | -- | 0.00 | 0.00 |
| Interest Paid Cfo | -86,281 | 0.00 | -572,097 |
| Interest Received Cfi | 32,434 | 36,741 | 155,973 |
| Long Term Debt Issuance | 5.0M | 0.00 | 0.00 |
| Long Term Debt Payments | -14,398 | -97,946 | -90,153 |
| Net Business Purchase And Sale | -- | 0.00 | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -10,487 | 548.00 | 4,474 |
| Net Income From Continuing Operations | -25.4M | -10.3M | -617,492 |
| Net Intangibles Purchase And Sale | 0.00 | -1.2M | -2.0M |
| Net Long Term Debt Issuance | 5.0M | -97,946 | -90,153 |
| Net Other Financing Charges | -89,650 | -- | -239,589 |
| Net Other Investing Changes | -4.1M | -- | -2.0M |
| Net Short Term Debt Issuance | -- | 0.00 | 0.00 |
| Operating Gains Losses | 5.5M | 3.3M | -4.0M |
| Proceeds From Stock Option Exercised | -- | 0.00 | 0.00 |
| Purchase Of Intangibles | 0.00 | -1.2M | -2.0M |
| Short Term Debt Issuance | -- | 0.00 | 0.00 |
| Short Term Debt Payments | -- | 0.00 | 0.00 |