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Element 29 Resources Inc.

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 10,171 14,819 20,036 11,168 10,976
Gross Profit -10,171 -14,819 -20,036 -11,168 -10,976
Selling General And Administration 470,589 645,823 840,271 487,358 810,532
General And Administrative Expense 470,589 645,823 840,271 487,358 810,532
Research And Development 21,838 28,020 34,434 34,560 33,742
Operating Expense 492,427 673,843 874,705 521,918 844,274
Operating Income -502,598 -688,662 -894,741 -533,086 -855,250
EBIT -502,598 -688,662 -894,741 -5.7M -855,250
Interest Income 28,247 26,510 15.00 456.00 261.00
Interest Income Non Operating 28,247 26,510 15.00 456.00 261.00
Net Interest Income 28,247 26,510 15.00 -8,140 261.00
Other Income Expense 72,248 -56,389 172,976 3,255 -41,511
Special Income Charges 0.00 0.00 -- 0.00 0.00
Write Off -- -- -- -- 0.00
Gain On Sale Of Security 72,248 -56,389 172,976 3,255 -41,511
Pretax Income -402,103 -718,541 -721,750 -537,971 -896,500
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -402,103 -718,541 -721,750 -537,971 -896,500
Net Income From Continuing Operation Net Minority Interest -402,103 -718,541 -721,750 -537,971 -896,500
Net Income Including Noncontrolling Interests -402,103 -718,541 -721,750 -537,971 -896,500
Net Income Common Stockholders -402,103 -718,541 -721,750 -537,971 -896,500
Net Income -402,103 -718,541 -721,750 -537,971 -896,500
EBITDA -492,427 -673,843 -874,705 -5.7M -844,274
Normalized EBITDA -564,675 -617,454 -1.0M -5.7M -802,763
Reconciled Depreciation 10,171 14,819 20,036 11,168 10,976
Basic EPS 0.00 -0.01 -0.01 -- -0.01
Diluted EPS 0.00 -0.01 -0.01 -- -0.01
Basic Average Shares 136.5M 124.4M 124.0M -- 108.1M
Diluted Average Shares 136.5M 124.4M 124.0M -- 108.1M
Total Unusual Items 72,248 -56,389 172,976 3,255 -41,511
Total Unusual Items Excluding Goodwill 72,248 -56,389 172,976 3,255 -41,511
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -474,351 -662,152 -894,726 -541,226 -854,989
Diluted NI Availto Com Stockholders -402,103 -718,541 -721,750 -537,971 -896,500
Gain On Sale Of Ppe -- -- -- 0.00 0.00
Impairment Of Capital Assets 0.00 0.00 -- 0.00 0.00
Net Income Continuous Operations -402,103 -718,541 -721,750 -537,971 -896,500
Net Non Operating Interest Income Expense 28,247 26,510 15.00 -8,140 261.00
Other Gand A 140,644 295,916 192,175 249,600 262,805
Reconciled Cost Of Revenue 10,171 14,819 20,036 11,168 10,976
Salaries And Wages 329,945 349,907 648,096 237,758 547,727
Total Expenses 502,598 688,662 894,741 533,086 855,250
Total Operating Income As Reported -430,350 -745,051 -721,765 -538,427 -896,761
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 9.6M 302,391 1.3M 1.2M 2.6M
Cash Cash Equivalents And Short Term Investments 9.6M 302,391 1.3M 1.2M 2.6M
Cash Financial -- -- -- 1.2M --
Accounts Receivable 29,840 49,070 40,920 31,829 23,568
Receivables 29,840 49,070 40,920 31,829 23,568
Prepaid Assets 295,967 150,004 100,745 113,159 74,114
Current Assets 10.0M 501,465 1.4M 1.3M 2.7M
Gross PPE -- -- -- 12.0M --
Accumulated Depreciation -- -- -- -81,432 --
Net PPE 13.7M 13.2M 12.3M 12.0M 10.4M
Total Non Current Assets 13.7M 13.2M 12.3M 12.0M 10.4M
Total Assets 23.7M 13.7M 13.8M 13.3M 13.0M
Current Debt And Capital Lease Obligation 31,329 29,938 -- 13,607 19,946
Accounts Payable 168,969 319,291 288,014 445,781 --
Payables 168,969 319,291 288,014 445,781 --
Payables And Accrued Expenses 168,969 319,291 288,014 445,781 207,600
Current Liabilities 200,298 349,229 288,014 459,388 227,546
Long Term Debt And Capital Lease Obligation 51,152 60,785 4,674 -- --
Long Term Capital Lease Obligation 51,152 60,785 4,674 0.00 0.00
Total Non Current Liabilities Net Minority Interest 51,152 60,785 4,674 0.00 0.00
Total Liabilities Net Minority Interest 251,450 410,014 292,688 459,388 227,546
Common Stock 41.4M 30.9M 30.7M 29.8M 29.1M
Capital Stock 41.4M 30.9M 30.7M 29.8M 29.1M
Retained Earnings -22.4M -22.0M -21.2M -20.5M -20.0M
Gains Losses Not Affecting Retained Earnings 4.3M 4.3M 4.0M 3.6M 3.7M
Common Stock Equity 23.4M 13.3M 13.5M 12.8M 12.8M
Stockholders Equity 23.4M 13.3M 13.5M 12.8M 12.8M
Total Equity Gross Minority Interest 23.4M 13.3M 13.5M 12.8M 12.8M
Total Capitalization 23.4M 13.3M 13.5M 12.8M 12.8M
Net Tangible Assets 23.4M 13.3M 13.5M 12.8M 12.8M
Tangible Book Value 23.4M 13.3M 13.5M 12.8M 12.8M
Working Capital 9.8M 152,236 1.1M 875,587 2.4M
Invested Capital 23.4M 13.3M 13.5M 12.8M 12.8M
Total Debt 82,481 90,723 4,674 13,607 19,946
Share Issued 155.5M 125.2M 124.2M 121.4M 119.8M
Ordinary Shares Number 155.5M 125.2M 124.2M 121.4M 119.8M
Capital Lease Obligations 82,481 90,723 4,674 13,607 19,946
Current Capital Lease Obligation 31,329 29,938 -- 13,607 19,946
Other Properties -- -- -- 12.0M --
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 -478,747 -17,795 -451,536 -561,333 -196,780
Cash Flow From Continuing Operating Activities -478,747 -17,795 -451,536 -561,333 -196,780
Depreciation And Amortization 10,171 14,819 20,036 11,168 10,976
Depreciation Amortization Depletion 10,171 14,819 20,036 11,168 10,976
Stock Based Compensation 208,186 231,272 532,151 120,137 483,757
Change In Working Capital -282,149 440,442 -276,032 -111,116 214,016
Change In Receivables -126,733 -57,409 -16,642 -27,340 117,033
Change In Payables And Accrued Expense -155,416 497,851 -279,356 -63,810 96,983
Other Non Cash Items 2,142 819.00 273.00 0.00 666.00
Capital Expenditure -518,039 -1.2M -256,969 -1.3M -486,810
Purchase Of PPE -518,039 -1.2M -256,969 -1.3M -486,810
Net PPE Purchase And Sale -518,039 -1.2M -256,969 -1.3M -486,810
Investing Cash Flow -518,039 -1.2M -256,969 -1.3M -486,810
Cash Flow From Continuing Investing Activities -518,039 -1.2M -256,969 -1.3M -486,810
Repayment Of Debt -11,540 -5,579 -8,370 -1.00 -8,370
Net Issuance Payments Of Debt -11,540 -5,579 -8,370 -1.00 -8,370
Issuance Of Capital Stock -- -- -- 0.00 3.3M
Net Common Stock Issuance -- -- -- 0.00 3.3M
Financing Cash Flow 10.3M 266,921 812,880 433,098 3.1M
Cash Flow From Continuing Financing Activities 10.3M 266,921 812,880 433,098 3.1M
Changes In Cash 9.3M -991,971 104,375 -1.4M 2.5M
Beginning Cash Position 302,391 1.3M 1.2M 2.6M 114,993
End Cash Position 9.6M 302,391 1.3M 1.2M 2.6M
Free Cash Flow -996,786 -1.3M -708,505 -1.8M -683,590
Asset Impairment Charge 0.00 -- -- 0.00 0.00
Change In Prepaid Assets 0.00 0.00 19,966 -19,966 0.00
Common Stock Issuance -- -- -- 0.00 3.3M
Depreciation 10,171 14,819 20,036 11,168 10,976
Gain Loss On Sale Of PPE -- -- -- 0.00 0.00
Long Term Debt Payments -11,540 -5,579 -8,370 -1.00 -8,370
Net Foreign Currency Exchange Gain Loss -14,994 13,394 -6,214 -43,551 1,305
Net Income From Continuing Operations -402,103 -718,541 -721,750 -537,971 -907,500
Net Long Term Debt Issuance -11,540 -5,579 -8,370 -1.00 -8,370
Net Other Financing Charges -- -- -- -19,401 --
Operating Gains Losses -14,994 13,394 -6,214 -43,551 1,305
Proceeds From Stock Option Exercised 4.3M 272,500 821,250 452,500 0.00
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