Electra Battery Materials Corporation
Financial Statements (IFRS) · Amounts in CAD
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 | Q2 2024Jun 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 | -- |
| Selling General And Administration | 3.9M | 3.4M | 3.7M | 3.5M | 3.4M | -- |
| General And Administrative Expense | 3.8M | 3.3M | 3.6M | 3.3M | 3.2M | -- |
| Research And Development | -- | -- | -- | -- | -- | 0.00 |
| Other Operating Expenses | 144,000 | 48,000 | 41,000 | 232,000 | 66,000 | -- |
| Operating Expense | 4.1M | 3.5M | 3.8M | 3.7M | 3.5M | -- |
| Operating Income | -4.1M | -3.5M | -3.8M | -3.7M | -3.5M | -- |
| EBIT | -2.3M | -3.5M | -8.8M | -6.5M | -250,000 | -- |
| Interest Expense | 2.4M | -- | 3.9M | 2.2M | 2.7M | -- |
| Interest Expense Non Operating | 2.4M | -- | 3.9M | 2.2M | 2.7M | -- |
| Net Interest Income | -2.4M | -2.6M | -3.9M | -2.2M | -2.7M | -- |
| Other Income Expense | 1.7M | 4.1M | -5.1M | -2.8M | 3.3M | -- |
| Other Non Operating Income Expenses | 51,000 | 123,000 | -94,000 | -215,000 | 510,000 | -- |
| Special Income Charges | 3.3M | 158,000 | -- | -- | 0.00 | 0.00 |
| Gain On Sale Of Security | -1.6M | 3.9M | -5.0M | -2.5M | 2.7M | -- |
| Pretax Income | -4.7M | -2.0M | -12.7M | -8.7M | -2.9M | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -4.7M | -2.0M | -12.7M | -8.7M | -2.9M | -- |
| Net Income From Continuing Operation Net Minority Interest | -4.7M | -2.0M | -12.7M | -8.7M | -2.9M | -- |
| Net Income Including Noncontrolling Interests | -4.7M | -2.0M | -12.7M | -8.7M | -2.9M | -- |
| Net Income Common Stockholders | -4.7M | -2.0M | -12.7M | -8.7M | -2.9M | -- |
| Net Income | -4.7M | -2.0M | -12.7M | -8.7M | -2.9M | -- |
| EBITDA | -2.3M | -3.5M | -8.8M | -6.5M | -236,000 | -- |
| Normalized EBITDA | -4.0M | -7.4M | -3.8M | -3.9M | -3.0M | -- |
| Reconciled Depreciation | 14,000 | 15,000 | 14,000 | 22,000 | 14,000 | -- |
| Basic EPS | -0.27 | -0.11 | -0.86 | -- | -0.21 | -0.41 |
| Diluted EPS | -0.27 | -0.11 | -0.86 | -- | -0.21 | -0.41 |
| Basic Average Shares | 17.8M | 17.8M | 14.8M | -- | 14.3M | 14.2M |
| Diluted Average Shares | 17.8M | 17.8M | 14.8M | -- | 14.3M | 14.2M |
| Total Unusual Items | 1.7M | 3.9M | -5.0M | -2.5M | 2.7M | -- |
| Total Unusual Items Excluding Goodwill | 1.7M | 3.9M | -5.0M | -2.5M | 2.7M | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -6.4M | -5.9M | -7.7M | -6.1M | -5.7M | -- |
| Average Dilution Earnings | -- | -- | -- | -- | -- | 0.00 |
| Diluted NI Availto Com Stockholders | -4.7M | -2.0M | -12.7M | -8.7M | -2.9M | -- |
| Net Income Continuous Operations | -4.7M | -2.0M | -12.7M | -8.7M | -2.9M | -- |
| Net Non Operating Interest Income Expense | -2.4M | -2.6M | -3.9M | -2.2M | -2.7M | -- |
| Other Gand A | 2.0M | 1.8M | 2.0M | 1.6M | 1.5M | -- |
| Other Special Charges | -3.3M | -158,000 | -- | -- | -- | -- |
| Salaries And Wages | 1.8M | 1.5M | 1.6M | 1.7M | 1.7M | -- |
| Selling And Marketing Expense | 115,000 | 119,000 | 92,000 | 228,000 | 279,000 | -- |
| Total Expenses | 4.1M | 3.5M | 3.8M | 3.7M | 3.5M | -- |
| Total Operating Income As Reported | -4.1M | -3.5M | -3.8M | -3.7M | -3.5M | -- |
| Total Other Finance Cost | -- | 2.6M | -- | -- | -- | 1.4M |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 3.0M | 2.9M | 3.2M | 3.7M | 3.3M | -- |
| Cash Cash Equivalents And Short Term Investments | 3.0M | 2.9M | 3.2M | 3.7M | 3.4M | -- |
| Other Short Term Investments | 0.00 | 0.00 | 4,000 | 12,000 | 113,000 | -- |
| Accounts Receivable | -- | -- | -- | -- | 294,000 | 356,000 |
| Receivables | 412,000 | 453,000 | 830,000 | 1.3M | 294,000 | -- |
| Prepaid Assets | 1.2M | 894,000 | 1.2M | 672,000 | 958,000 | -- |
| Current Assets | 4.7M | 4.3M | 5.3M | 5.7M | 4.6M | -- |
| Gross PPE | 142.4M | 140.3M | 145.1M | 144.7M | 139.0M | -- |
| Accumulated Depreciation | -214,000 | -200,000 | -185,000 | -171,000 | -149,000 | -- |
| Net PPE | 142.2M | 140.1M | 144.9M | 144.5M | 138.9M | -- |
| Other Non Current Assets | 1.2M | 1.2M | 1.2M | 1.2M | 1.2M | -- |
| Total Non Current Assets | 143.4M | 141.3M | 146.1M | 145.7M | 140.1M | -- |
| Total Assets | 148.1M | 145.6M | 151.4M | 151.4M | 144.7M | -- |
| Current Debt | 68.7M | 64.6M | 68.0M | 64.0M | 46.3M | -- |
| Current Debt And Capital Lease Obligation | 68.7M | 64.6M | 68.1M | 64.0M | 46.3M | -- |
| Accounts Payable | 6.7M | 4.9M | 7.0M | 3.6M | 5.5M | -- |
| Payables | 6.7M | 4.9M | 7.0M | 3.6M | 5.5M | -- |
| Payables And Accrued Expenses | 17.7M | 13.4M | 13.3M | 6.4M | 15.2M | -- |
| Current Accrued Expenses | 11.0M | 8.5M | 6.3M | 2.8M | 9.7M | -- |
| Other Current Liabilities | 1.7M | 1.6M | 652,000 | 1.6M | 2.6M | -- |
| Current Liabilities | 88.1M | 79.6M | 82.0M | 72.0M | 64.0M | -- |
| Long Term Debt | 5.0M | 6.0M | 8.0M | 7.8M | 7.7M | -- |
| Long Term Debt And Capital Lease Obligation | 5.0M | 6.1M | 8.1M | 7.9M | 7.8M | -- |
| Long Term Capital Lease Obligation | 40,000 | 55,000 | 69,000 | 83,000 | 133,000 | -- |
| Other Non Current Liabilities | 1.2M | 1.1M | 1.3M | 1.3M | 1.1M | -- |
| Total Non Current Liabilities Net Minority Interest | 11.9M | 14.9M | 15.6M | 15.2M | 15.2M | -- |
| Total Liabilities Net Minority Interest | 100.0M | 94.5M | 97.6M | 87.1M | 79.2M | -- |
| Common Stock | 311.2M | 311.2M | 307.8M | 307.7M | 306.4M | -- |
| Capital Stock | 311.2M | 311.2M | 307.8M | 307.7M | 306.4M | -- |
| Retained Earnings | -294.3M | -288.3M | -287.6M | -274.9M | -266.2M | -- |
| Gains Losses Not Affecting Retained Earnings | 31.1M | 28.1M | 33.6M | 31.5M | 25.3M | -- |
| Other Equity Adjustments | 31.1M | 28.1M | 33.6M | 31.5M | 25.3M | -- |
| Common Stock Equity | 48.0M | 51.1M | 53.8M | 64.3M | 65.5M | -- |
| Stockholders Equity | 48.0M | 51.1M | 53.8M | 64.3M | 65.5M | -- |
| Total Equity Gross Minority Interest | 48.0M | 51.1M | 53.8M | 64.3M | 65.5M | -- |
| Total Capitalization | 53.0M | 57.1M | 61.8M | 72.1M | 73.1M | -- |
| Net Tangible Assets | 48.0M | 51.1M | 53.8M | 64.3M | 65.5M | -- |
| Tangible Book Value | 48.0M | 51.1M | 53.8M | 64.3M | 65.5M | -- |
| Working Capital | -83.4M | -75.3M | -76.7M | -66.3M | -59.4M | -- |
| Invested Capital | 121.7M | 121.7M | 129.8M | 136.1M | 119.5M | -- |
| Total Debt | 73.8M | 70.7M | 76.1M | 71.9M | 54.1M | -- |
| Net Debt | 70.6M | 67.6M | 72.8M | 68.1M | 50.7M | -- |
| Share Issued | 18.0M | 18.0M | 14.8M | 14.8M | 14.3M | -- |
| Ordinary Shares Number | 18.0M | 18.0M | 14.8M | 14.8M | 14.3M | -- |
| Capital Lease Obligations | 95,000 | 108,000 | 120,000 | 133,000 | 143,000 | -- |
| Construction In Progress | 45.2M | 44.8M | 44.5M | 44.1M | 45.3M | -- |
| Current Capital Lease Obligation | 55,000 | 53,000 | 51,000 | 50,000 | 10,000 | -- |
| Interest Payable | 11.0M | 8.5M | 6.3M | 2.8M | 9.7M | -- |
| Long Term Provisions | 2.6M | 2.7M | 3.1M | 2.8M | 3.1M | -- |
| Non Current Deferred Liabilities | 3.1M | 5.1M | 3.1M | 3.1M | 3.1M | -- |
| Non Current Deferred Revenue | 3.1M | 5.1M | 3.1M | 3.1M | 3.1M | -- |
| Other Current Borrowings | 68.7M | 64.6M | 68.0M | 64.0M | 46.3M | -- |
| Other Properties | 97.2M | 95.5M | 100.7M | 100.6M | 93.7M | -- |
| Restricted Cash | -- | -- | -- | 0.00 | 0.00 | 277,000 |
| Taxes Receivable | 412,000 | 453,000 | 830,000 | 1.3M | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -2.2M | -4.5M | -173,000 | -6.1M | -2.9M | -- |
| Cash Flow From Continuing Operating Activities | -2.2M | -4.5M | -173,000 | -6.1M | -2.9M | -- |
| Depreciation And Amortization | 14,000 | 15,000 | 14,000 | 22,000 | 14,000 | -- |
| Depreciation Amortization Depletion | 14,000 | 15,000 | 14,000 | 22,000 | 14,000 | -- |
| Stock Based Compensation | 212,000 | 252,000 | 351,000 | 465,000 | 323,000 | -- |
| Change In Working Capital | 1.6M | -1.4M | 3.3M | -2.6M | -599,000 | -- |
| Change In Receivables | 41,000 | 377,000 | 480,000 | -1.0M | 62,000 | -- |
| Change In Payables And Accrued Expense | 1.9M | 549,000 | 765,000 | -4.8M | 252,000 | -- |
| Other Non Cash Items | 2.6M | 2.3M | 9.7M | 2.3M | 331,000 | -- |
| Capital Expenditure | -411,000 | -367,000 | -335,000 | -229,000 | -61,000 | -- |
| Purchase Of PPE | -411,000 | -367,000 | -335,000 | -229,000 | -61,000 | -- |
| Net PPE Purchase And Sale | -411,000 | -367,000 | -335,000 | -229,000 | -61,000 | -- |
| Sale Of Investment | 4,000 | 0.00 | 13,000 | 89,000 | 247,000 | -- |
| Net Investment Purchase And Sale | 4,000 | 0.00 | 13,000 | 89,000 | 247,000 | -- |
| Investing Cash Flow | -407,000 | -367,000 | -322,000 | -106,000 | 429,000 | -- |
| Cash Flow From Continuing Investing Activities | -407,000 | -367,000 | -322,000 | -106,000 | 429,000 | -- |
| Issuance Of Debt | -- | -- | -- | 5.5M | 982,000 | 2.0M |
| Repayment Of Debt | -42,000 | -61,000 | -22,000 | -10,000 | -12,000 | -- |
| Net Issuance Payments Of Debt | 2.7M | -61,000 | -22,000 | 5.5M | 970,000 | -- |
| Issuance Of Capital Stock | 1,000 | -- | -- | 1.2M | 0.00 | -- |
| Net Common Stock Issuance | 1,000 | -- | -- | 1.2M | 0.00 | -- |
| Financing Cash Flow | 2.7M | 4.6M | -22,000 | 6.7M | 970,000 | -- |
| Cash Flow From Continuing Financing Activities | 2.7M | 4.6M | -22,000 | 6.7M | 970,000 | -- |
| Effect Of Exchange Rate Changes | -18,000 | 2,000 | 17,000 | -20,000 | 4,000 | -- |
| Changes In Cash | 135,000 | -292,000 | -517,000 | 473,000 | -1.5M | -- |
| Beginning Cash Position | 2.9M | 3.2M | 3.7M | 3.3M | 4.8M | -- |
| End Cash Position | 3.0M | 2.9M | 3.2M | 3.7M | 3.3M | -- |
| Free Cash Flow | -2.6M | -4.9M | -508,000 | -6.3M | -3.0M | -- |
| Cash Dividends Paid | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | -342,000 | -2.3M | 2.1M | 3.2M | -913,000 | -- |
| Common Stock Issuance | 1,000 | -- | -- | 1.2M | 0.00 | -- |
| Depreciation | 14,000 | 15,000 | 14,000 | 22,000 | 14,000 | -- |
| Gain Loss On Investment Securities | -19,000 | -48,000 | -931,000 | -1.2M | 653,000 | -- |
| Interest Paid Cff | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Long Term Debt Issuance | -- | -- | -- | 10.7M | 982,000 | 2.0M |
| Long Term Debt Payments | -42,000 | -61,000 | -22,000 | -10,000 | -12,000 | -- |
| Net Foreign Currency Exchange Gain Loss | 1.5M | -3.6M | 45,000 | 3.3M | -704,000 | -- |
| Net Income From Continuing Operations | -4.7M | -2.0M | -12.7M | -8.7M | -2.8M | -- |
| Net Long Term Debt Issuance | 2.7M | -61,000 | -22,000 | 10.7M | 970,000 | -- |
| Net Other Investing Changes | -- | -- | -- | 34,000 | 243,000 | 140,000 |
| Net Short Term Debt Issuance | -- | -- | -- | -5.2M | -- | -- |
| Operating Gains Losses | -1.8M | -3.7M | -886,000 | 2.1M | -51,000 | -- |
| Pension And Employee Benefit Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Short Term Debt Issuance | -- | -- | -- | -5.2M | -- | -- |
| Unrealized Gain Loss On Investment Securities | 0.00 | 0.00 | -4,000 | 258,000 | -118,000 | -- |