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Electric Royalties Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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 31,137 165,811 0.00 0.00
Operating Revenue 31,137 165,811 0.00 0.00
Cost Of Revenue 20,128 40,800 0.00 --
Gross Profit 11,009 125,011 0.00 --
Selling General And Administration 1.7M 1.1M 1.3M 1.4M
General And Administrative Expense 1.7M 1.1M 1.3M 1.4M
Other Operating Expenses 531,635 339,544 804,640 858,037
Operating Expense 2.3M 1.4M 2.1M 2.3M
Operating Income -2.2M -1.3M -2.1M -2.3M
EBIT -5.4M -5.7M -1.9M -2.3M
Interest Expense 1.1M 302,706 2,764 2,115
Interest Expense Non Operating 1.1M 302,706 2,764 2,115
Interest Income 44,888 37,774 37,585 18,554
Interest Income Non Operating 44,888 37,774 37,585 18,554
Net Interest Income -1.1M -264,932 34,821 16,439
Other Income Expense -3.2M -4.5M 171,900 -30,526
Special Income Charges -3.2M -4.4M 0.00 0.00
Restructuring And Mergern Acquisition -- -- -- 0.00
Write Off 3.5M 4.4M 0.00 --
Gain On Sale Of Security 584.00 -8,381 -3,223 8,119
Earnings From Equity Interest -52,853 -67,330 175,123 -38,645
Pretax Income -6.6M -6.0M -1.9M -2.3M
Tax Provision -188,730 -19,712 20,000 34,000
Tax Effect Of Unusual Items -92,031 -14,382 -844.75 2,152
Net Income From Continuing And Discontinued Operation -6.4M -6.0M -1.9M -2.3M
Net Income From Continuing Operation Net Minority Interest -6.4M -6.0M -1.9M -2.3M
Net Income Including Noncontrolling Interests -6.4M -6.0M -1.9M -2.3M
Net Income Common Stockholders -6.4M -6.0M -1.9M -2.3M
Net Income -6.4M -6.0M -1.9M -2.3M
EBITDA -5.4M -5.7M -1.9M -2.3M
Normalized EBITDA -2.2M -1.3M -1.9M -2.3M
Reconciled Depreciation 26,944 47,615 6,815 4,542
Basic EPS -0.06 -0.06 -0.02 -0.04
Diluted EPS -0.06 -0.06 -0.02 -0.04
Basic Average Shares 100.0M 95.8M 87.6M 61.3M
Diluted Average Shares 100.0M 95.8M 87.6M 61.3M
Total Unusual Items -3.2M -4.4M -3,223 8,119
Total Unusual Items Excluding Goodwill -3.2M -4.4M -3,223 8,119
Tax Rate For Calcs 0.03 0.00 0.26 0.27
Normalized Income -3.3M -1.6M -1.9M -2.3M
Diluted NI Availto Com Stockholders -6.4M -6.0M -1.9M -2.3M
Impairment Of Capital Assets 378,886 2.6M 0.00 --
Net Income Continuous Operations -6.4M -6.0M -1.9M -2.3M
Net Non Operating Interest Income Expense -1.1M -264,932 34,821 16,439
Other Gand A 950,212 672,900 619,446 567,444
Other Special Charges -315,786 -- -- --
Reconciled Cost Of Revenue 20,128 40,800 0.00 --
Salaries And Wages 771,522 407,887 685,679 828,851
Total Expenses 2.3M 1.5M 2.1M 2.3M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 28,082 442,522 1.2M 2.1M
Cash Cash Equivalents And Short Term Investments 28,082 442,522 1.2M 2.1M
Cash Financial -- -- -- 2.1M
Receivables 144,717 105,804 36,473 0.00
Prepaid Assets 30,355 183,438 29,664 68,600
Current Assets 203,154 731,764 1.3M 2.2M
Gross PPE 19.8M 14.2M 12.1M 8.6M
Net PPE 19.8M 14.2M 12.1M 8.6M
Investments And Advances 90,051 3.0M 5.0M 4.8M
Long Term Equity Investment 90,051 3.0M 5.0M 4.8M
Total Non Current Assets 20.0M 17.3M 17.1M 13.4M
Total Assets 20.2M 18.0M 18.4M 15.5M
Current Debt And Capital Lease Obligation 10,835 7,761 6,609 5,012
Accounts Payable 1.2M 132,192 130,327 303,218
Payables 10.4M 4.5M 130,327 337,218
Payables And Accrued Expenses 10.4M 4.5M 130,327 337,218
Current Liabilities 10.4M 4.5M 136,936 342,230
Long Term Debt And Capital Lease Obligation -- 10,644 18,707 25,499
Long Term Capital Lease Obligation 0.00 10,644 18,707 25,499
Total Non Current Liabilities Net Minority Interest 0.00 10,644 18,707 25,499
Total Liabilities Net Minority Interest 10.4M 4.5M 155,643 367,729
Common Stock 24.9M 23.6M 22.6M 18.6M
Capital Stock 24.9M 23.6M 22.6M 18.6M
Retained Earnings -19.3M -12.9M -6.9M -5.0M
Gains Losses Not Affecting Retained Earnings 4.1M 2.8M 2.6M 38,529
Common Stock Equity 9.7M 13.5M 18.3M 15.2M
Stockholders Equity 9.7M 13.5M 18.3M 15.2M
Total Equity Gross Minority Interest 9.7M 13.5M 18.3M 15.2M
Total Capitalization 9.7M 13.5M 18.3M 15.2M
Net Tangible Assets 9.7M 13.5M 18.3M 15.2M
Tangible Book Value 9.7M 13.5M 18.3M 15.2M
Working Capital -10.2M -3.7M 1.2M 1.8M
Invested Capital 9.7M 13.5M 18.3M 15.2M
Total Debt 10,835 18,405 25,316 30,511
Share Issued 102.9M 96.6M 93.6M 77.1M
Ordinary Shares Number 102.9M 96.6M 93.6M 77.1M
Buildings And Improvements -- -- -- 29,521
Capital Lease Obligations 10,835 18,405 25,316 30,511
Current Capital Lease Obligation 10,835 7,761 6,609 5,012
Foreign Currency Translation Adjustments -- -- 442,072 38,529
Income Tax Payable 9.2M 4.3M 0.00 34,000
Investmentsin Associatesat Cost 90,051 3.0M 5.0M 4.8M
Non Current Accounts Receivable -- 93,441 -- --
Non Current Deferred Assets 56,767 0.00 -- --
Other Equity Interest -- -- 2.2M 1.5M
Other Properties 19.8M 14.2M 12.1M 8.6M
Other Receivables 124,579 87,258 -- --
Taxes Receivable 20,138 18,546 36,473 0.00
Total Tax Payable 9.2M 4.3M 0.00 34,000
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -1.2M -1.4M -2.0M -1.5M
Cash Flow From Continuing Operating Activities -1.2M -1.4M -2.0M -1.5M
Depreciation And Amortization 6,816 6,815 6,815 4,542
Depreciation Amortization Depletion 26,944 47,615 6,815 4,542
Stock Based Compensation 327,398 0.00 291,600 500,000
Deferred Tax -188,730 0.00 -- --
Deferred Income Tax -188,730 0.00 -- --
Change In Working Capital 710,352 -144,143 -204,428 277,175
Change In Receivables -21,473 7,766 -36,473 0.00
Change In Payables And Accrued Expense 653,743 1,865 -206,891 214,156
Change In Payable -- 1,865 -206,891 214,156
Other Non Cash Items 745,192 264,932 -34,821 -16,439
Capital Expenditure -5.0M -4.0M -2.0M -503,368
Purchase Of PPE -5.0M -4.0M -2.0M -503,368
Net PPE Purchase And Sale -4.9M -4.0M -2.0M -503,368
Purchase Of Business -- -- 0.00 -529,912
Sale Of Business 113,000 73,559 270,741 0.00
Investing Cash Flow -4.7M -3.9M -1.6M -1.0M
Cash Flow From Continuing Investing Activities -4.7M -3.9M -1.6M -1.0M
Issuance Of Debt 5.5M 4.5M 0.00 --
Repayment Of Debt -7,570 -6,911 -5,195 -3,552
Net Issuance Payments Of Debt 5.5M 4.4M -5,195 -3,552
Issuance Of Capital Stock -- 0.00 2.8M 1.9M
Net Common Stock Issuance -- 0.00 2.8M 1.9M
Financing Cash Flow 5.5M 4.4M 2.8M 2.0M
Cash Flow From Continuing Financing Activities 5.5M 4.4M 2.8M 2.0M
Changes In Cash -414,440 -794,211 -865,142 -482,864
Beginning Cash Position 442,522 1.2M 2.1M 2.6M
End Cash Position 28,082 442,522 1.2M 2.1M
Free Cash Flow -6.1M -5.3M -4.0M -2.0M
Asset Impairment Charge 3.5M 4.4M 0.00 --
Cash Dividends Paid 0.00 0.00 0.00 0.00
Change In Account Payable -- 1,865 -172,891 180,156
Change In Income Tax Payable -- 0.00 -34,000 34,000
Change In Prepaid Assets 78,082 -153,774 38,936 63,019
Change In Tax Payable -- 0.00 -34,000 34,000
Common Stock Issuance -- 0.00 2.8M 1.9M
Depletion 20,128 40,800 0.00 --
Depreciation 6,816 6,815 6,815 4,542
Dividends Received Cfi 0.00 73,559 -- --
Earnings Losses From Equity Investments 52,853 67,330 -175,123 38,645
Interest Paid Cff -1,468 -2,184 -2,764 -2,115
Interest Received Cfi 22,482 29,714 37,585 18,554
Long Term Debt Issuance 5.5M 4.5M 0.00 --
Long Term Debt Payments -7,570 -6,911 -5,195 -3,552
Net Business Purchase And Sale 113,000 73,559 270,741 -529,912
Net Income From Continuing Operations -6.4M -6.0M -1.9M -2.3M
Net Long Term Debt Issuance 5.5M 4.4M -5,195 -3,552
Net Other Financing Charges -56,767 -- -- --
Operating Gains Losses 52,853 67,330 -175,123 38,645
Proceeds From Stock Option Exercised -- -- 0.00 123,475
Sale Of PPE 100,000 0.00 -- --
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