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Discovery Silver Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Total Revenue 274.2M 237.0M 142.0M 0.00 0.00
Operating Revenue 274.2M 237.0M 142.0M 0.00 0.00
Cost Of Revenue 131.1M 146.3M 73.2M 57,768 71,285
Gross Profit 143.2M 90.7M 68.8M -57,768 -71,285
Selling General And Administration 38.9M 6.4M 8.2M 6.6M 5.7M
General And Administrative Expense 38.9M 6.4M 8.2M 6.6M 5.7M
Research And Development -- -- -- -- --
Other Operating Expenses 26.1M 7.6M 17.4M 3,613 -385,888
Operating Expense 65.0M 14.0M 25.7M 6.6M 5.3M
Operating Income 78.2M 76.7M 43.1M -6.7M -5.4M
EBIT 74.6M 83.8M 38.8M -6.3M -4.9M
Interest Expense 14.2M 12.7M 14.3M 126,050 75,542
Interest Expense Non Operating 14.2M 12.7M 14.3M 126,050 75,542
Interest Income -- -- 2.6M 151,390 187,187
Interest Income Non Operating -- -- 2.6M 151,390 187,187
Net Interest Income -14.2M -12.7M -11.7M 25,340 111,645
Other Income Expense -3.6M 7.2M -6.9M 188,766 347,741
Special Income Charges 0.00 -2.1M -- -- --
Write Off 0.00 2.1M -- -- --
Gain On Sale Of Security -3.6M 9.3M -6.9M 188,766 347,741
Pretax Income 60.3M 71.1M 24.5M -6.5M -5.0M
Tax Provision -4.9M 28.7M 19.0M -- --
Tax Effect Of Unusual Items -543,450 1.1M -1.0M 0.00 0.00
Net Income From Continuing And Discontinued Operation 65.3M 42.4M 5.5M -6.5M -5.0M
Net Income From Continuing Operation Net Minority Interest 65.3M 42.4M 5.5M -6.5M -5.0M
Net Income Including Noncontrolling Interests 65.3M 42.4M 5.5M -6.5M -5.0M
Net Income Common Stockholders 65.3M 42.4M 5.5M -6.5M -5.0M
Net Income 65.3M 42.4M 5.5M -6.5M -5.0M
EBITDA 124.3M 119.6M 55.2M -6.3M -4.8M
Normalized EBITDA 127.9M 112.5M 62.1M -6.5M -5.2M
Reconciled Depreciation 49.8M 35.8M 16.4M 57,768 71,284
Basic EPS -- 0.05 0.01 -0.01 --
Diluted EPS -- 0.05 0.01 -0.01 --
Basic Average Shares -- 802.8M 735.6M 401.1M --
Diluted Average Shares -- 825.8M 762.9M 411.0M --
Total Unusual Items -3.6M 7.2M -6.9M 188,766 347,741
Total Unusual Items Excluding Goodwill -3.6M 7.2M -6.9M 188,766 347,741
Tax Rate For Calcs 0.15 0.15 0.15 0.00 0.00
Normalized Income 68.4M 36.4M 11.4M -6.7M -5.3M
Diluted NI Availto Com Stockholders 65.3M 42.4M 5.5M -6.5M -5.0M
Insurance And Claims -- -- -- -- --
Net Income Continuous Operations 65.3M 42.4M 5.5M -6.5M -5.0M
Net Non Operating Interest Income Expense -14.2M -12.7M -11.7M 25,340 111,645
Other Gand A 26.9M 1.5M 6.3M 4.7M 3.3M
Reconciled Cost Of Revenue 131.1M 146.3M 73.2M 57,768 71,285
Rent And Landing Fees -- -- -- 39,318 26,482
Rent Expense Supplemental -- -- -- 39,318 26,482
Salaries And Wages 12.1M 5.0M 2.0M 1.9M 3.4M
Total Expenses 196.1M 160.3M 98.9M 6.7M 5.4M
Total Operating Income As Reported -- -- 43.1M -- --
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Cash And Cash Equivalents 410.7M 341.5M 252.5M 10.6M 20.4M
Cash Cash Equivalents And Short Term Investments 410.7M 341.5M 252.5M 10.7M 20.4M
Cash Equivalents 4.1M -- -- 244,565 0.00
Cash Financial 406.5M -- -- 10.3M 20.4M
Other Short Term Investments -- -- -- 135,187 148,515
Accounts Receivable 54.2M 45.3M 27.2M -- 2.2M
Receivables 54.2M 45.3M 27.2M 2.5M 2.2M
Inventory 61.2M 51.8M 113.0M -- 0.00
Prepaid Assets -- -- -- 210,173 194,734
Other Current Assets 771,000 789,000 329,000 -- 342,000
Current Assets 526.8M 439.4M 393.0M 13.4M 22.9M
Gross PPE 1.3B 1.2B 1.1B 66.9M 62.1M
Accumulated Depreciation -104.5M -56.4M -25.8M -1.2M -1.1M
Net PPE 1.2B 1.2B 1.1B 65.7M 61.0M
Other Non Current Assets 87.6M 97.0M 77.9M -- --
Total Non Current Assets 1.3B 1.3B 1.2B 67.3M 62.5M
Total Assets 1.8B 1.7B 1.6B 80.7M 85.4M
Current Debt And Capital Lease Obligation 3.2M -- -- 168,738 172,000
Accounts Payable 51.4M 42.6M 46.3M 1.4M 3.6M
Payables 136.5M 100.8M 74.3M 2.7M 3.6M
Payables And Accrued Expenses 191.5M 138.6M 114.6M 5.4M 3.8M
Current Accrued Expenses 55.0M 37.8M 40.2M 2.7M 216,000
Current Deferred Revenue 25.3M 23.9M 22.4M -- 0.00
Other Current Liabilities -- 101,000 184,000 -- --
Current Liabilities 284.6M 215.2M 167.1M 5.6M 6.0M
Long Term Debt And Capital Lease Obligation 3.4M -- -- 769,665 846,000
Long Term Capital Lease Obligation 3.4M -- -- 769,665 846,000
Other Non Current Liabilities -- 2.4M 1.6M 765,374 --
Total Non Current Liabilities Net Minority Interest 883.7M 938.1M 889.4M 1.5M 1.6M
Total Liabilities Net Minority Interest 1.2B 1.2B 1.1B 7.1M 7.6M
Common Stock 595.8M 581.8M 575.9M 155.4M 166.4M
Capital Stock 595.8M 581.8M 575.9M 155.4M 166.4M
Additional Paid In Capital 33.0M 33.8M 33.4M 31.0M 33.8M
Retained Earnings -20.5M -85.8M -128.3M -124.7M -127.3M
Gains Losses Not Affecting Retained Earnings 180,000 14.7M 1.9M -304,454 -8.3M
Other Equity Adjustments -- 14.7M 1.9M -304,454 --
Common Stock Equity 627.5M 563.4M 502.0M 73.6M 77.8M
Stockholders Equity 627.5M 563.4M 502.0M 73.6M 77.8M
Total Equity Gross Minority Interest 627.5M 563.4M 502.0M 73.6M 77.8M
Total Capitalization 627.5M 563.4M 502.0M 73.6M 77.8M
Net Tangible Assets 627.5M 563.4M 502.0M 73.6M 77.8M
Tangible Book Value 627.5M 563.4M 502.0M 73.6M 77.8M
Working Capital 242.2M 224.2M 225.9M 7.8M 17.0M
Invested Capital 627.5M 563.4M 502.0M 73.6M 77.8M
Total Debt 6.6M -- -- 938,403 1.0M
Share Issued 807.8M 803.6M 802.3M 402.3M 400.5M
Ordinary Shares Number 807.8M 803.6M 802.3M 402.3M 400.5M
Capital Lease Obligations 6.6M -- -- 938,403 1.0M
Current Capital Lease Obligation 3.2M -- -- 168,738 172,000
Current Deferred Liabilities 25.3M 23.9M 22.4M -- 0.00
Current Provisions 35.7M 32.7M 30.0M -- --
Employee Benefits 3.4M 3.4M 3.6M -- 0.00
Long Term Provisions 460.9M 466.9M 441.8M -- 743,000
Machinery Furniture Equipment 481.7M 526.5M 339.3M 3.1M 3.0M
Non Current Accounts Receivable 1.6M 4.5M 3.4M 1.5M 1.5M
Non Current Deferred Liabilities 416.1M 465.4M 442.3M -- 0.00
Non Current Deferred Revenue 274.9M 277.5M 276.7M -- 0.00
Non Current Deferred Taxes Liabilities 40.3M 89.9M 68.4M -- 0.00
Non Current Pension And Other Postretirement Benefit Plans 3.4M 3.4M 3.6M -- 0.00
Other Equity Interest 19.0M 19.0M 19.0M 12.2M 13.2M
Other Inventories -- -- 22.6M -- --
Other Payable -- -- 1.7M 1.3M 2.3M
Other Properties -- -- -- 63.9M 60.0M
Other Receivables -- -- -- 38,535 57,760
Pensionand Other Post Retirement Benefit Plans Current 28.9M 19.8M -- -- 2.0M
Properties 802.7M 705.8M 770.7M -- 59.0M
Raw Materials -- -- 90.4M -- --
Taxes Receivable -- -- -- 2.5M 2.2M
Total Tax Payable 85.1M 58.2M 26.4M -- 0.00
Tradeand Other Payables Non Current -- -- -- -- 0.00
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Operating Cash Flow 163.2M 153.5M 67.1M -6.1M -2.1M
Cash Flow From Continuing Operating Activities 163.2M 153.5M 67.1M -6.1M -2.1M
Depreciation And Amortization 49.8M 35.8M 16.4M 57,768 71,284
Depreciation Amortization Depletion 49.8M 35.8M 16.4M 57,768 71,284
Stock Based Compensation 461,000 1.4M 2.0M 1.2M 1.1M
Deferred Tax -4.9M 28.7M -7.4M -- --
Deferred Income Tax -4.9M 28.7M -7.4M -- --
Change In Working Capital 2.1M 39.1M 27.4M -1.1M 1.6M
Change In Receivables -7.3M -18.5M -18.4M -315,455 262,640
Change In Inventory -19.5M 53.0M 884,000 -- --
Change In Payables And Accrued Expense 28.9M 4.5M 44.9M -799,591 1.3M
Change In Payable -- -- 44.9M -- --
Other Non Cash Items 42.8M -2.4M 15.1M -- --
Capital Expenditure -95.3M -66.7M -39.8M -3.8M --
Purchase Of PPE -95.3M -66.7M -39.8M -3.8M 921,670
Net PPE Purchase And Sale -95.3M -66.7M -39.8M -3.8M 921,365
Purchase Of Business 0.00 0.00 -200.6M -- --
Investing Cash Flow -95.3M -66.7M -291.9M -3.8M 921,365
Cash Flow From Continuing Investing Activities -95.3M -66.7M -291.9M -3.8M 921,365
Repayment Of Debt -1.9M -177,000 -44,000 -85,621 -421,924
Net Issuance Payments Of Debt -1.9M -177,000 -44,000 -85,621 -421,924
Issuance Of Capital Stock 0.00 0.00 168.7M -- 0.00
Net Common Stock Issuance 0.00 0.00 168.7M -- 0.00
Financing Cash Flow 57,000 -3.1M 470.5M -62,911 -417,716
Cash Flow From Continuing Financing Activities 57,000 -3.1M 470.5M -62,911 -417,716
Effect Of Exchange Rate Changes 1.3M 5.3M -3.7M 13,789 -137,565
Changes In Cash 68.0M 83.7M 245.6M -9.9M -1.6M
Beginning Cash Position 341.5M 252.5M 10.5M 20.5M 24.8M
End Cash Position 410.7M 341.5M 252.5M 10.6M 20.4M
Free Cash Flow 67.9M 86.8M 27.3M -9.9M -1.2M
Income Tax Paid Supplemental Data 0.00 0.00 18,000 0.00 0.00
Interest Paid Supplemental Data -893,000 438,000 900,000 0.00 -8,297
Amortization Of Securities 8.6M 8.0M 7.8M 14,204 --
Change In Account Payable -- -- 18.5M -- --
Change In Income Tax Payable -- -- 26.4M -- --
Change In Prepaid Assets -- -- -- 60,103 52,605
Change In Tax Payable -- -- 26.4M -- --
Common Stock Issuance 0.00 0.00 168.7M -- 0.00
Depreciation -- -- -- 57,768 71,284
Long Term Debt Payments -1.9M -177,000 -44,000 -85,621 -421,924
Net Business Purchase And Sale 0.00 0.00 -200.6M -- --
Net Foreign Currency Exchange Gain Loss -- -- -- 250,905 76,505
Net Income From Continuing Operations 65.3M 42.4M 5.5M -6.5M -5.0M
Net Long Term Debt Issuance -1.9M -177,000 -44,000 -85,621 -421,924
Net Other Financing Charges 0.00 -4.2M 297.7M -- --
Net Other Investing Changes 0.00 -- -51.6M -- --
Operating Gains Losses -- 502,000 343,000 250,905 76,505
Pension And Employee Benefit Expense -- 502,000 343,000 -- --
Proceeds From Stock Option Exercised 1.9M 1.4M 4.1M 22,710 4,208
Sale Of PPE 0.00 0.00 -- 0.00 -304.55
Unrealized Gain Loss On Investment Securities -- -- -- -61,234 -29,768
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