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Defense Metals Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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
Total Revenue 0.00 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00 0.00
Cost Of Revenue 15,017 15,017 15,017 15,017 15,017
Gross Profit -15,017 -15,017 -15,017 -15,017 -15,017
Selling General And Administration 644,006 435,453 721,456 1.7M 1.0M
General And Administrative Expense 622,336 435,453 511,272 1.7M 974,647
Other Operating Expenses 29,854 20,518 62,285 26,945 16,044
Operating Expense 673,860 455,971 783,741 1.8M 1.0M
Operating Income -688,877 -470,988 -798,758 -1.8M -1.0M
EBIT -899,442 -3,121 -1.8M -1.8M -1.0M
Interest Expense 2,378 72,139 456,343 140,311 4,830
Interest Expense Non Operating 2,378 72,139 456,343 140,311 4,830
Net Interest Income -2,378 -72,139 -490,110 -140,311 -4,830
Other Income Expense -210,565 467,867 -- -- --
Special Income Charges -210,137 156,561 -- -- 0.00
Gain On Sale Of Security -428.00 311,306 -- -- --
Pretax Income -901,820 -75,260 -2.2M -1.9M -1.1M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -901,820 -75,260 -2.2M -1.9M -1.1M
Net Income From Continuing Operation Net Minority Interest -901,820 -75,260 -2.2M -1.9M -1.1M
Net Income Including Noncontrolling Interests -901,820 -75,260 -2.2M -1.9M -1.1M
Net Income Common Stockholders -901,820 -75,260 -2.2M -1.9M -1.1M
Net Income -901,820 -75,260 -2.2M -1.9M -1.1M
EBITDA -884,425 11,896 -1.8M -1.8M -1.0M
Normalized EBITDA -673,860 -455,971 -1.8M -1.8M -1.0M
Reconciled Depreciation 15,017 15,017 15,017 15,020 15,014
Basic EPS 0.00 0.00 -- -0.01 0.00
Diluted EPS 0.00 0.00 -- -0.01 0.00
Basic Average Shares 333.3M 291.6M -- 260.2M 258.6M
Diluted Average Shares 333.3M 291.6M -- 260.2M 258.6M
Total Unusual Items -210,565 467,867 -- -- 0.00
Total Unusual Items Excluding Goodwill -210,565 467,867 -- -- 0.00
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -691,255 -543,127 -2.2M -1.9M -1.1M
Diluted NI Availto Com Stockholders -901,820 -75,260 -2.2M -1.9M -1.1M
Net Income Continuous Operations -901,820 -75,260 -2.2M -1.9M -1.1M
Net Non Operating Interest Income Expense -2,378 -72,139 -490,110 -140,311 -4,830
Other Gand A 400,574 269,848 378,422 1.0M 798,647
Other Special Charges 210,137 -156,561 -- -- --
Reconciled Cost Of Revenue 15,017 15,017 15,017 15,017 15,017
Salaries And Wages 221,762 165,605 132,850 685,976 176,000
Selling And Marketing Expense 21,670 -- -- -- 41,681
Total Expenses 688,877 470,988 798,758 1.8M 1.0M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 3.2M 4.2M 695,260 1.2M 2.2M
Cash Cash Equivalents And Short Term Investments 3.2M 4.2M 695,260 1.2M 2.2M
Cash Financial 3.2M 4.2M 695,260 1.2M 2.2M
Receivables 28,620 121,979 131,735 61,870 72,811
Prepaid Assets 8,084 19,456 54,831 35,998 61,888
Other Current Assets 35,040 -- -- -- --
Current Assets 3.2M 4.3M 881,826 1.3M 2.4M
Gross PPE 45.6M 45.3M 44.7M 43.8M 43.1M
Net PPE 45.6M 45.3M 44.7M 43.8M 43.1M
Total Non Current Assets 45.6M 45.3M 44.8M 45.5M 43.7M
Total Assets 48.9M 49.6M 45.7M 46.8M 46.1M
Current Debt -- -- 3.4M 3.8M 2.3M
Current Debt And Capital Lease Obligation 39,574 55,312 3.5M 3.9M 2.4M
Accounts Payable 1.4M 2.3M 2.3M 3.3M --
Payables 1.4M 2.3M 3.0M 3.3M --
Payables And Accrued Expenses 1.4M 2.3M 3.1M 3.4M 3.2M
Current Accrued Expenses 0.00 0.00 98,630 88,767 --
Other Current Liabilities 151,740 151,740 1.8M -- --
Current Liabilities 1.6M 2.5M 8.4M 7.2M 5.6M
Long Term Debt And Capital Lease Obligation -- -- 5,909 -- 39,574
Long Term Capital Lease Obligation 0.00 0.00 5,909 -- 39,574
Other Non Current Liabilities -- -- -- -- -1.00
Total Non Current Liabilities Net Minority Interest 0.00 0.00 5,909 23,117 39,573
Total Liabilities Net Minority Interest 1.6M 2.5M 8.4M 7.3M 5.6M
Common Stock 62.8M 61.6M 51.9M 51.8M 51.8M
Capital Stock 62.8M 61.6M 51.9M 51.8M 51.8M
Retained Earnings -22.1M -21.2M -21.2M -18.9M -17.0M
Gains Losses Not Affecting Retained Earnings 6.7M 6.7M 6.6M 6.6M 5.7M
Common Stock Equity 47.3M 47.1M 37.3M 39.5M 40.5M
Stockholders Equity 47.3M 47.1M 37.3M 39.5M 40.5M
Total Equity Gross Minority Interest 47.3M 47.1M 37.3M 39.5M 40.5M
Total Capitalization 47.3M 47.1M 37.3M 39.5M 40.5M
Net Tangible Assets 47.3M 47.1M 37.3M 39.5M 40.5M
Tangible Book Value 47.3M 47.1M 37.3M 39.5M 40.5M
Working Capital 1.7M 1.8M -7.5M -6.0M -3.2M
Invested Capital 47.3M 47.1M 40.7M 43.4M 42.8M
Total Debt 39,574 55,312 3.5M 3.9M 2.4M
Net Debt -- -- 2.8M 2.6M 98,764
Share Issued 336.1M 330.5M 260.7M 260.2M 260.2M
Ordinary Shares Number 336.1M 330.5M 260.7M 260.2M 260.2M
Buildings And Improvements 0.00 50,057 65,074 80,091 95,108
Capital Lease Obligations 39,574 55,312 70,362 61,638 98,519
Current Capital Lease Obligation 39,574 55,312 64,453 61,638 58,945
Dueto Related Parties Current -- -- 705,812 -- --
Interest Payable 0.00 0.00 98,630 88,767 --
Non Current Prepaid Assets 72,450 33,427 72,450 1.7M 666,370
Other Current Borrowings -- -- 3.4M 3.8M 2.3M
Other Equity Interest -- -- -- 78,364 --
Other Properties 45.6M 45.2M 44.7M 43.7M 43.0M
Taxes Receivable 28,620 121,979 131,735 61,870 72,811
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow -709,234 -1.5M -1.3M -1.4M 489,561
Cash Flow From Continuing Operating Activities -709,234 -1.5M -1.3M -1.4M 863,385
Depreciation And Amortization 15,017 15,017 15,017 15,020 15,014
Depreciation Amortization Depletion 15,017 15,017 15,017 15,020 15,014
Stock Based Compensation 0.00 0.00 -176,000 861,976 176,000
Change In Working Capital 386,951 -1.0M -443,396 -481,020 1.3M
Change In Receivables -9,756 9,756 -69,865 10,944 127,812
Change In Payables And Accrued Expense 424,357 -1.1M -354,698 -517,854 1.2M
Other Non Cash Items 2,255 72,139 632,343 140,311 4,829
Capital Expenditure -749,642 -161,039 -302,745 -110,999 -793,839
Purchase Of PPE -749,642 -161,039 -302,745 -110,999 -793,839
Net PPE Purchase And Sale -749,642 -161,039 -302,745 -110,999 -793,839
Investing Cash Flow -749,642 -161,039 762,811 -1.2M -793,839
Cash Flow From Continuing Investing Activities -749,642 -161,039 762,811 -1.2M -793,839
Issuance Of Debt -- -- 0.00 1.7M --
Repayment Of Debt -55,521 -17,990 16,909 -167,779 82,007
Net Issuance Payments Of Debt -55,521 -17,990 16,909 1.5M 2.4M
Issuance Of Capital Stock 519,298 5.4M 0.00 0.00 -800,000
Net Common Stock Issuance 519,298 5.4M 0.00 0.00 -800,000
Financing Cash Flow 463,778 5.1M 16,909 1.5M 1.5M
Cash Flow From Continuing Financing Activities 463,777 5.1M 16,909 1.5M 1.6M
Changes In Cash -995,098 3.5M -481,184 -1.0M 1.2M
Beginning Cash Position 4.2M 696,260 1.2M 2.2M 1.0M
End Cash Position 3.2M 4.2M 695,260 1.2M 2.2M
Free Cash Flow -1.5M -1.6M -1.6M -1.5M -304,278
Change In Prepaid Assets -27,650 74,398 -18,833 25,890 6,044
Common Stock Issuance 519,298 5.4M 0.00 0.00 -800,000
Depreciation 15,017 15,017 15,017 15,020 15,014
Gain Loss On Investment Securities 0.00 -311,306 -- -- --
Long Term Debt Issuance -- -- 0.00 1.7M --
Long Term Debt Payments -55,521 -17,990 16,909 -167,779 82,007
Net Income From Continuing Operations -901,820 -75,260 -2.2M -1.9M -1.1M
Net Long Term Debt Issuance -55,521 -17,990 16,909 1.5M 2.4M
Net Other Financing Charges 1.00 -332,207 -- -- --
Operating Gains Losses -211,637 -467,867 -- -- --
Proceeds From Stock Option Exercised -- -- -- -- --
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