CVW Sustainable Royalties Inc.
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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 9,307 | 4,928 | 0.00 | 5,445 |
| Gross Profit | -9,307 | -4,928 | 0.00 | -5,445 |
| Selling General And Administration | 4.4M | 3.9M | 4.3M | 2.0M |
| General And Administrative Expense | 4.4M | 3.9M | 4.3M | 2.0M |
| Research And Development | -- | -- | 1.0M | 315,139 |
| Depreciation And Amortization In Income Statement | -- | -- | 0.00 | 5,445 |
| Other Operating Expenses | 206,727 | 118,038 | 230,914 | -- |
| Operating Expense | 4.6M | 4.0M | 4.5M | 2.3M |
| Operating Income | -4.6M | -4.0M | -4.5M | -2.3M |
| EBIT | -3.9M | -3.7M | -4.4M | -2.3M |
| Interest Expense | 507.00 | 91.00 | 0.00 | -- |
| Interest Expense Non Operating | 507.00 | 91.00 | 0.00 | -- |
| Interest Income | 230,610 | 298,781 | 101,547 | 53,006 |
| Interest Income Non Operating | 230,610 | 298,781 | 101,547 | 53,006 |
| Net Interest Income | 333,312 | 296,300 | 99,171 | 53,006 |
| Other Income Expense | 435,417 | -- | -- | 53,006 |
| Other Non Operating Income Expenses | -- | -- | -- | 53,006 |
| Gain On Sale Of Security | 435,417 | -- | -- | -- |
| Pretax Income | -3.9M | -3.7M | -4.4M | -2.3M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -3.9M | -3.7M | -4.4M | -2.3M |
| Net Income From Continuing Operation Net Minority Interest | -3.9M | -3.7M | -4.4M | -2.3M |
| Net Income Including Noncontrolling Interests | -3.9M | -3.7M | -4.4M | -2.3M |
| Net Income Common Stockholders | -3.9M | -3.7M | -4.4M | -2.3M |
| Net Income | -3.9M | -3.7M | -4.4M | -2.3M |
| EBITDA | -3.8M | -3.7M | -4.4M | -2.3M |
| Normalized EBITDA | -4.3M | -3.7M | -4.4M | -2.3M |
| Reconciled Depreciation | 9,307 | 4,928 | 0.00 | 5,445 |
| Basic EPS | -0.03 | -0.03 | -0.04 | -0.02 |
| Diluted EPS | -0.03 | -0.03 | -0.04 | -0.02 |
| Basic Average Shares | 131.6M | 124.3M | 116.2M | 88.5M |
| Diluted Average Shares | 131.6M | 124.3M | 116.2M | 88.5M |
| Total Unusual Items | 435,417 | -- | -- | -- |
| Total Unusual Items Excluding Goodwill | 435,417 | -- | -- | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -4.3M | -3.7M | -4.4M | -2.3M |
| Amortization | -- | -- | 0.00 | 5,445 |
| Amortization Of Intangibles Income Statement | -- | -- | 0.00 | 5,445 |
| Depreciation Amortization Depletion Income Statement | -- | -- | 0.00 | 5,445 |
| Diluted NI Availto Com Stockholders | -3.9M | -3.7M | -4.4M | -2.3M |
| Net Income Continuous Operations | -3.9M | -3.7M | -4.4M | -2.3M |
| Net Non Operating Interest Income Expense | 333,312 | 296,300 | 99,171 | 53,006 |
| Other Gand A | 1.5M | 851,832 | 558,364 | 730,590 |
| Reconciled Cost Of Revenue | 9,307 | 4,928 | 0.00 | 5,445 |
| Rent And Landing Fees | -- | -- | 138,595 | 136,171 |
| Rent Expense Supplemental | -- | -- | 138,595 | 136,171 |
| Salaries And Wages | 2.9M | 3.0M | 3.7M | 1.1M |
| Selling And Marketing Expense | -- | 188,888 | 54,473 | -- |
| Total Expenses | 4.6M | 4.0M | 4.5M | 2.3M |
| Total Operating Income As Reported | -4.2M | -4.0M | -4.5M | 2.3M |
| Total Other Finance Cost | -103,209 | 2,390 | 2,376 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 5.2M | 6.0M | 7.0M | 407,782 |
| Cash Cash Equivalents And Short Term Investments | 5.2M | 6.0M | 7.0M | 407,782 |
| Cash Financial | -- | -- | -- | 407,782 |
| Accounts Receivable | 0.00 | 204,825 | 73,347 | 183,007 |
| Receivables | 63,656 | 216,803 | 73,347 | 183,007 |
| Prepaid Assets | -- | -- | 30,348 | 26,045 |
| Other Current Assets | 94,689 | 54,572 | 30,348 | -- |
| Current Assets | 5.4M | 6.3M | 7.1M | 616,834 |
| Gross PPE | 29,134 | 21,035 | 6,635 | 102,342 |
| Accumulated Depreciation | -14,235 | -4,928 | 0.00 | -102,342 |
| Net PPE | 14,899 | 16,107 | 6,635 | 0.00 |
| Total Non Current Assets | 14.4M | 16,107 | 6,635 | 0.00 |
| Total Assets | 19.8M | 6.3M | 7.1M | 616,834 |
| Current Debt And Capital Lease Obligation | 1,951 | 1,596 | -- | -- |
| Accounts Payable | -- | -- | -- | 346,943 |
| Payables | -- | -- | -- | 346,943 |
| Payables And Accrued Expenses | 398,802 | 673,716 | 326,856 | 346,943 |
| Current Liabilities | 400,753 | 675,312 | 326,856 | 1.5M |
| Long Term Debt And Capital Lease Obligation | 2,381 | 3,948 | -- | -- |
| Long Term Capital Lease Obligation | 2,381 | 3,948 | 0.00 | -- |
| Total Non Current Liabilities Net Minority Interest | 2,381 | 3,948 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 403,134 | 679,260 | 326,856 | 1.5M |
| Common Stock | 102.8M | 86.1M | 83.7M | 75.6M |
| Capital Stock | 102.8M | 86.1M | 83.7M | 75.6M |
| Additional Paid In Capital | 24.3M | 23.4M | 23.2M | 19.2M |
| Retained Earnings | -107.7M | -103.9M | -100.2M | -95.8M |
| Common Stock Equity | 19.4M | 5.6M | 6.7M | -881,685 |
| Stockholders Equity | 19.4M | 5.6M | 6.7M | -881,685 |
| Total Equity Gross Minority Interest | 19.4M | 5.6M | 6.7M | -881,685 |
| Total Capitalization | 19.4M | 5.6M | 6.7M | -881,685 |
| Net Tangible Assets | 19.4M | 5.6M | 6.7M | -881,685 |
| Tangible Book Value | 19.4M | 5.6M | 6.7M | -881,685 |
| Working Capital | 5.0M | 5.6M | 6.7M | -881,685 |
| Invested Capital | 19.4M | 5.6M | 6.7M | -881,685 |
| Total Debt | 4,332 | 5,544 | 0.00 | -- |
| Share Issued | 144.9M | 125.6M | 122.8M | 88.5M |
| Ordinary Shares Number | 144.9M | 125.6M | 122.8M | 88.5M |
| Buildings And Improvements | 5,835 | 5,835 | 0.00 | -- |
| Capital Lease Obligations | 4,332 | 5,544 | 0.00 | -- |
| Current Capital Lease Obligation | 1,951 | 1,596 | 0.00 | -- |
| Current Deferred Liabilities | -- | -- | 0.00 | 1.2M |
| Machinery Furniture Equipment | 23,299 | 15,200 | 6,635 | -- |
| Non Current Note Receivables | 14.4M | 0.00 | -- | -- |
| Other Properties | -- | -- | 6,635 | 102,342 |
| Taxes Receivable | 63,656 | 11,978 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.1M | -1.9M | -3.4M | -2.2M |
| Cash Flow From Continuing Operating Activities | -3.1M | -1.9M | -3.4M | -2.2M |
| Depreciation And Amortization | 9,307 | 4,928 | 0.00 | 5,445 |
| Depreciation Amortization Depletion | 9,307 | 4,928 | 0.00 | 5,445 |
| Stock Based Compensation | 1.3M | 1.6M | 2.1M | 100,856 |
| Change In Working Capital | -161,884 | 179,180 | -1.1M | -37,562 |
| Changes In Account Receivables | -- | -143,456 | 109,660 | -183,007 |
| Change In Receivables | 153,147 | -143,456 | 109,660 | -183,007 |
| Change In Payables And Accrued Expense | -274,914 | 346,860 | -20,087 | -312,630 |
| Change In Other Working Capital | -- | -- | -1.2M | 446,324 |
| Other Non Cash Items | 15,924 | 91.00 | -- | 2.00 |
| Capital Expenditure | -8,099 | -8,565 | -6,635 | -- |
| Purchase Of PPE | -8,099 | -8,565 | -6,635 | 0.00 |
| Net PPE Purchase And Sale | -8,099 | -8,565 | -6,635 | 41,400 |
| Purchase Of Investment | -14.0M | 0.00 | -- | -- |
| Sale Of Investment | -- | -- | -- | 0.00 |
| Net Investment Purchase And Sale | -14.0M | 0.00 | -- | 0.00 |
| Investing Cash Flow | -14.0M | -8,565 | -6,635 | 41,400 |
| Cash Flow From Continuing Investing Activities | -14.0M | -8,565 | -6,635 | 41,400 |
| Repayment Of Debt | -1,719 | -382.00 | 0.00 | -- |
| Net Issuance Payments Of Debt | -1,719 | -382.00 | 0.00 | -- |
| Issuance Of Capital Stock | 16.7M | 0.00 | 6.3M | 0.00 |
| Net Common Stock Issuance | 16.7M | 0.00 | 6.3M | 0.00 |
| Financing Cash Flow | 16.3M | 1.0M | 9.9M | -44,976 |
| Cash Flow From Continuing Financing Activities | 16.3M | 1.0M | 9.9M | -44,976 |
| Changes In Cash | -803,096 | -954,996 | 6.6M | -2.2M |
| Beginning Cash Position | 6.0M | 7.0M | 407,782 | 2.7M |
| End Cash Position | 5.2M | 6.0M | 7.0M | 407,782 |
| Free Cash Flow | -3.1M | -2.0M | -3.4M | -2.2M |
| Amortization Cash Flow | -- | -- | 0.00 | 5,445 |
| Amortization Of Intangibles | -- | -- | 0.00 | 5,445 |
| Change In Prepaid Assets | -40,117 | -24,224 | -4,303 | 11,751 |
| Common Stock Issuance | 16.7M | 0.00 | 6.3M | 0.00 |
| Depreciation | 9,307 | 4,928 | 0.00 | 5,445 |
| Gain Loss On Sale Of PPE | -- | -- | 0.00 | -41,400 |
| Long Term Debt Payments | -1,719 | -382.00 | 0.00 | -- |
| Net Income From Continuing Operations | -3.9M | -3.7M | -4.4M | -2.3M |
| Net Long Term Debt Issuance | -1,719 | -382.00 | 0.00 | -- |
| Net Other Financing Charges | -883,731 | -- | -495,141 | -44,976 |
| Operating Gains Losses | -- | -- | -- | -41,400 |
| Proceeds From Stock Option Exercised | 416,354 | 1.0M | 4.1M | 0.00 |
| Sale Of PPE | -- | -- | 0.00 | 41,400 |
| Unrealized Gain Loss On Investment Securities | -435,417 | 0.00 | -- | -- |