Electra Battery Materials Corporation
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 |
| Selling General And Administration | 13.6M | 13.3M | 10.8M | 9.2M |
| General And Administrative Expense | 12.7M | 12.7M | 9.8M | 8.3M |
| Research And Development | 0.00 | 0.00 | 2.3M | 4.4M |
| Other Operating Expenses | 442,000 | 700,000 | 3.6M | 5.6M |
| Operating Expense | 14.0M | 14.0M | 16.8M | 19.2M |
| Operating Income | -14.0M | -14.0M | -16.8M | -19.2M |
| EBIT | -22.2M | -56.5M | -16.8M | -34.7M |
| Interest Expense | 7.3M | 8.1M | -- | 191,000 |
| Interest Expense Non Operating | 7.3M | 8.1M | -- | 191,000 |
| Interest Income | -- | -- | 328,000 | -- |
| Interest Income Non Operating | -- | -- | 328,000 | -- |
| Net Interest Income | -7.3M | -8.1M | 328,000 | -191,000 |
| Other Income Expense | -8.2M | -42.5M | 29.0M | -15.5M |
| Other Non Operating Income Expenses | 298,000 | 100,000 | 11,000 | 465,000 |
| Special Income Charges | 0.00 | -51.9M | 1.3M | -1.6M |
| Write Off | -- | 0.00 | -1.3M | 0.00 |
| Gain On Sale Of Security | -8.5M | 9.2M | 27.6M | -14.4M |
| Pretax Income | -29.4M | -64.7M | 12.6M | -34.9M |
| Tax Provision | -- | -- | 0.00 | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 7.6M | 0.00 |
| Net Income From Continuing And Discontinued Operation | -29.4M | -64.7M | 12.6M | -34.9M |
| Net Income From Continuing Operation Net Minority Interest | -29.4M | -64.7M | 12.6M | -34.9M |
| Net Income Including Noncontrolling Interests | -29.4M | -64.7M | 12.6M | -34.9M |
| Net Income Common Stockholders | -29.4M | -64.7M | 12.6M | -34.9M |
| Net Income | -29.4M | -64.7M | 12.6M | -34.9M |
| EBITDA | -22.1M | -56.5M | -16.7M | -34.7M |
| Normalized EBITDA | -13.6M | -13.8M | -45.7M | -18.7M |
| Reconciled Depreciation | 65,000 | 56,000 | 48,000 | 2,000 |
| Basic EPS | -2.07 | -5.96 | 1.52 | -5.04 |
| Diluted EPS | -2.07 | -5.96 | -1.48 | -5.04 |
| Basic Average Shares | 14.3M | 10.9M | 8.2M | 6.9M |
| Diluted Average Shares | 14.3M | 10.9M | 10.2M | 6.9M |
| Total Unusual Items | -8.5M | -42.6M | 29.0M | -16.0M |
| Total Unusual Items Excluding Goodwill | -8.5M | -42.6M | 29.0M | -16.0M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.26 | 0.00 |
| Normalized Income | -21.0M | -22.0M | -8.8M | -18.9M |
| Average Dilution Earnings | 0.00 | -6.7M | -27.7M | 0.00 |
| Diluted NI Availto Com Stockholders | -29.4M | -71.3M | -15.1M | -34.9M |
| Impairment Of Capital Assets | 0.00 | 51.9M | -1.3M | 0.00 |
| Net Income Continuous Operations | -29.4M | -64.7M | 12.6M | -34.9M |
| Net Non Operating Interest Income Expense | -7.3M | -8.1M | 328,000 | -191,000 |
| Other Gand A | 6.7M | 7.1M | 4.7M | 4.8M |
| Other Special Charges | -- | -- | -- | 1.6M |
| Salaries And Wages | 6.1M | 5.6M | 5.2M | 3.5M |
| Selling And Marketing Expense | 811,000 | 633,000 | 1.0M | 843,000 |
| Total Expenses | 14.0M | 14.0M | 16.8M | 19.2M |
| Total Operating Income As Reported | -14.0M | -14.0M | -16.8M | -19.2M |
| Total Other Finance Cost | -- | 8.1M | -328,000 | 191,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 3.7M | 7.6M | 8.0M | 58.6M |
| Cash Cash Equivalents And Short Term Investments | 3.7M | 8.2M | 8.4M | 60.4M |
| Other Short Term Investments | 12,000 | 595,000 | 433,000 | 1.8M |
| Accounts Receivable | -- | -- | -- | 957,000 |
| Receivables | 1.3M | 1.1M | 3.1M | 957,000 |
| Prepaid Assets | 672,000 | 468,000 | 716,000 | 584,000 |
| Current Assets | 5.7M | 10.6M | 13.5M | 61.9M |
| Gross PPE | 144.7M | 137.0M | 173.1M | 104.7M |
| Accumulated Depreciation | -171,000 | -106,000 | -50,000 | -2,000 |
| Net PPE | 144.5M | 136.9M | 173.1M | 104.7M |
| Other Non Current Assets | 1.2M | 1.2M | 938,000 | 938,000 |
| Total Non Current Assets | 145.7M | 138.1M | 174.0M | 105.7M |
| Total Assets | 151.4M | 148.7M | 187.5M | 167.6M |
| Current Debt | 64.0M | 40.1M | 25.7M | -- |
| Current Debt And Capital Lease Obligation | 64.0M | 40.1M | 25.7M | -- |
| Accounts Payable | 3.6M | 8.8M | 18.5M | 3.5M |
| Payables | 3.6M | 8.8M | 18.5M | 3.5M |
| Payables And Accrued Expenses | 6.4M | 14.6M | 20.2M | 4.7M |
| Current Accrued Expenses | 2.8M | 5.7M | 1.7M | 1.2M |
| Other Current Liabilities | 1.6M | 1.4M | 8.3M | -- |
| Current Liabilities | 72.0M | 56.1M | 54.1M | 4.7M |
| Long Term Debt | 7.8M | 4.3M | 3.8M | 23.3M |
| Long Term Debt And Capital Lease Obligation | 7.9M | 4.4M | 4.0M | 23.3M |
| Long Term Capital Lease Obligation | 83,000 | 132,000 | 218,000 | 0.00 |
| Other Non Current Liabilities | 1.3M | 858,000 | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 15.2M | 9.3M | 6.9M | 62.9M |
| Total Liabilities Net Minority Interest | 87.1M | 65.4M | 61.0M | 67.6M |
| Common Stock | 307.7M | 304.7M | 288.9M | 276.2M |
| Capital Stock | 307.7M | 304.7M | 288.9M | 276.2M |
| Retained Earnings | -274.9M | -245.4M | -180.8M | -193.3M |
| Gains Losses Not Affecting Retained Earnings | 31.5M | 24.0M | 18.4M | 17.1M |
| Other Equity Adjustments | 31.5M | 24.0M | 18.4M | 17.1M |
| Common Stock Equity | 64.3M | 83.3M | 126.5M | 100.0M |
| Stockholders Equity | 64.3M | 83.3M | 126.5M | 100.0M |
| Total Equity Gross Minority Interest | 64.3M | 83.3M | 126.5M | 100.0M |
| Total Capitalization | 72.1M | 87.6M | 130.3M | 123.2M |
| Net Tangible Assets | 64.3M | 83.3M | 126.5M | 100.0M |
| Tangible Book Value | 64.3M | 83.3M | 126.5M | 100.0M |
| Working Capital | -66.3M | -45.5M | -40.6M | 57.2M |
| Invested Capital | 136.1M | 127.7M | 155.9M | 123.2M |
| Total Debt | 71.9M | 44.6M | 29.7M | 23.3M |
| Net Debt | 68.1M | 36.8M | 21.5M | -- |
| Share Issued | 14.8M | 14.0M | 8.8M | 7.7M |
| Ordinary Shares Number | 14.8M | 14.0M | 8.8M | 7.7M |
| Assets Held For Sale Current | -- | 0.00 | 1.3M | 0.00 |
| Buildings And Improvements | -- | 301,000 | 301,000 | 0.00 |
| Capital Lease Obligations | 133,000 | 175,000 | 218,000 | 0.00 |
| Construction In Progress | 44.1M | 45.1M | 79.1M | 11.6M |
| Current Capital Lease Obligation | 50,000 | 43,000 | -- | -- |
| Derivative Product Liabilities | -- | 0.00 | 0.00 | 37.7M |
| Interest Payable | 2.8M | 5.7M | 1.3M | 1.2M |
| Leases | -- | -- | 261,000 | 0.00 |
| Long Term Provisions | 2.8M | 3.1M | 1.8M | 1.7M |
| Non Current Deferred Liabilities | 3.1M | 849,000 | 1.1M | 264,000 |
| Non Current Deferred Revenue | 3.1M | 849,000 | 1.1M | 264,000 |
| Other Current Borrowings | 64.0M | 40.1M | 25.7M | -- |
| Other Properties | 100.6M | 91.9M | 94.0M | 93.1M |
| Restricted Cash | 0.00 | 888,000 | 0.00 | -- |
| Taxes Receivable | 1.3M | 1.1M | 3.1M | 957,000 |
| Total Tax Payable | -- | 0.00 | 14,000 | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -17.0M | -23.0M | -15.8M | -16.9M |
| Cash Flow From Continuing Operating Activities | -17.0M | -23.0M | -15.8M | -16.9M |
| Depreciation And Amortization | 65,000 | 56,000 | 48,000 | 2,000 |
| Depreciation Amortization Depletion | 65,000 | 56,000 | 48,000 | 2,000 |
| Stock Based Compensation | 1.8M | 1.2M | 1.3M | 731,000 |
| Deferred Tax | 0.00 | 0.00 | 14,000 | 0.00 |
| Deferred Income Tax | 0.00 | 0.00 | 14,000 | 0.00 |
| Change In Working Capital | -5.7M | -9.4M | -1.1M | 216,000 |
| Change In Receivables | -229,000 | 1.8M | -2.1M | -587,000 |
| Change In Payables And Accrued Expense | -5.2M | -11.5M | 1.1M | 1.0M |
| Other Non Cash Items | 12.1M | 10.3M | -27.6M | 15.8M |
| Capital Expenditure | -555,000 | -13.7M | -47.6M | -2.1M |
| Purchase Of PPE | -555,000 | -13.7M | -47.6M | -2.1M |
| Net PPE Purchase And Sale | -555,000 | -13.7M | -47.6M | -1.6M |
| Sale Of Investment | 930,000 | 816,000 | 525,000 | 152,000 |
| Net Investment Purchase And Sale | 930,000 | 816,000 | 525,000 | 152,000 |
| Investing Cash Flow | 1.3M | -14.0M | -43.6M | -8.1M |
| Cash Flow From Continuing Investing Activities | 1.3M | -14.0M | -43.6M | -8.1M |
| Issuance Of Debt | 10.7M | 68.7M | 3.9M | 54.2M |
| Repayment Of Debt | -42,000 | -48.1M | 0.00 | 0.00 |
| Net Issuance Payments Of Debt | 10.7M | 20.6M | 3.9M | 54.2M |
| Issuance Of Capital Stock | 1.2M | 20.0M | 6.8M | 18.3M |
| Net Common Stock Issuance | 1.2M | 20.0M | 6.8M | 18.3M |
| Financing Cash Flow | 11.9M | 36.5M | 8.5M | 78.9M |
| Cash Flow From Continuing Financing Activities | 11.9M | 36.5M | 8.5M | 78.9M |
| Effect Of Exchange Rate Changes | 7,000 | 164,000 | 240,000 | 524,000 |
| Changes In Cash | -3.9M | -556,000 | -50.9M | 53.9M |
| Beginning Cash Position | 7.6M | 8.0M | 58.6M | 4.2M |
| End Cash Position | 3.7M | 7.6M | 8.0M | 58.6M |
| Free Cash Flow | -17.6M | -36.8M | -63.5M | -19.0M |
| Asset Impairment Charge | 0.00 | 51.9M | -1.3M | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | -204,000 | 247,000 | -131,000 | -218,000 |
| Common Stock Issuance | 1.2M | 20.0M | 6.8M | 18.3M |
| Depreciation | 65,000 | 56,000 | 48,000 | 2,000 |
| Gain Loss On Investment Securities | -176,000 | -1.3M | -1.3M | -1.0M |
| Interest Paid Cff | 0.00 | -1.7M | -3.2M | 0.00 |
| Long Term Debt Issuance | 10.7M | 68.3M | 3.9M | 54.2M |
| Long Term Debt Payments | -42,000 | -48.1M | 0.00 | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 4.3M | 696,000 | 1.0M | -321,000 |
| Net Income From Continuing Operations | -29.4M | -64.7M | 12.6M | -34.9M |
| Net Long Term Debt Issuance | 10.7M | 20.2M | 3.9M | 54.2M |
| Net Other Financing Charges | -- | -2.4M | 165,000 | -- |
| Net Other Investing Changes | 888,000 | -1.2M | 3.5M | -6.6M |
| Net Short Term Debt Issuance | 0.00 | 397,000 | 0.00 | 0.00 |
| Operating Gains Losses | 4.2M | 18.1M | -292,000 | -1.3M |
| Pension And Employee Benefit Expense | 134,000 | 0.00 | 0.00 | -- |
| Proceeds From Stock Option Exercised | 0.00 | 0.00 | 947,000 | 6.4M |
| Sale Of PPE | 0.00 | 0.00 | 0.00 | 500,000 |
| Short Term Debt Issuance | 0.00 | 397,000 | 0.00 | 0.00 |
| Unrealized Gain Loss On Investment Securities | -41,000 | -30.5M | 589,000 | 2.6M |