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Euro Manganese Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Sep 30, 2025 FY 2024Sep 30, 2024 FY 2023Sep 30, 2023 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Total Revenue 4.4M 3.2M 0.00 0.00 --
Operating Revenue 4.4M 3.2M 0.00 0.00 --
Cost Of Revenue 5.1M 3.8M 0.00 191,129 --
Gross Profit -739,000 -559,000 0.00 -191,129 --
Selling General And Administration 3.6M 6.1M 7.1M 6.0M --
General And Administrative Expense 3.6M 6.1M 7.1M 6.0M --
Depreciation And Amortization In Income Statement 124,000 126,000 118,859 -- --
Other Operating Expenses 6.8M 8.4M 5.7M 7.3M --
Operating Expense 10.5M 14.7M 13.0M 13.3M --
Operating Income -11.3M -15.2M -13.0M -13.5M --
EBIT -13.2M -14.6M -12.0M -13.4M --
Interest Expense 4.3M 3.6M 25,157 25,963 --
Interest Expense Non Operating 4.3M 3.6M 25,157 25,963 --
Interest Income 161,000 420,000 635,066 170,676 --
Interest Income Non Operating 161,000 420,000 635,066 170,676 --
Net Interest Income -4.1M -3.2M 609,909 144,713 --
Other Income Expense -2.1M 178,000 370,724 -147,416 --
Special Income Charges -2.3M -4,000 -- -- --
Gain On Sale Of Security 273,000 182,000 370,724 -147,416 --
Pretax Income -17.4M -18.2M -12.0M -13.5M --
Tax Provision 145,000 90,000 0.00 -- --
Tax Effect Of Unusual Items -311,100 26,700 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -17.6M -18.3M -12.0M -13.5M --
Net Income From Continuing Operation Net Minority Interest -17.6M -18.3M -12.0M -13.5M --
Net Income Including Noncontrolling Interests -17.6M -18.3M -12.0M -13.5M --
Net Income Common Stockholders -17.6M -18.3M -12.0M -13.5M --
Net Income -17.6M -18.3M -12.0M -13.5M --
EBITDA -9.3M -12.0M -11.7M -13.2M --
Normalized EBITDA -7.2M -12.2M -12.1M -13.1M --
Reconciled Depreciation 3.9M 2.6M 261,173 191,129 --
Basic EPS -0.17 -0.23 -0.15 0.15 -0.15
Diluted EPS -0.17 -0.23 -0.15 0.15 -0.15
Basic Average Shares 101.9M 80.5M 80.5M 78.5M 67.5M
Diluted Average Shares 101.9M 80.5M 80.5M 78.5M 67.5M
Total Unusual Items -2.1M 178,000 370,724 -147,416 --
Total Unusual Items Excluding Goodwill -2.1M 178,000 370,724 -147,416 --
Tax Rate For Calcs 0.15 0.15 0.00 0.00 --
Normalized Income -15.8M -18.5M -12.4M -13.3M --
Depreciation Amortization Depletion Income Statement 124,000 126,000 118,859 -- --
Depreciation Income Statement 124,000 126,000 118,859 -- --
Diluted NI Availto Com Stockholders -17.6M -18.3M -12.0M -13.5M --
Gain On Sale Of Ppe 0.00 -4,000 -- -- --
Insurance And Claims 167,000 250,000 231,673 245,226 --
Net Income Continuous Operations -17.6M -18.3M -12.0M -13.5M --
Net Non Operating Interest Income Expense -4.1M -3.2M 609,909 144,713 --
Other Gand A 1.7M 2.0M 2.4M 966,225 --
Other Special Charges 2.3M -- -- -- --
Reconciled Cost Of Revenue 1.3M 1.3M 0.00 191,129 --
Salaries And Wages 1.7M 3.8M 4.4M 4.7M --
Selling And Marketing Expense 0.00 31,000 87,289 23,273 --
Total Expenses 15.7M 18.4M 13.0M 13.5M --
Total Operating Income As Reported -- -15.1M -12.6M -- --
Line Item FY 2025Sep 30, 2025 FY 2024Sep 30, 2024 FY 2023Sep 30, 2023 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Cash And Cash Equivalents 9.5M 9.4M 7.6M 21.6M --
Cash Cash Equivalents And Short Term Investments 9.5M 9.4M 7.6M 21.6M --
Cash Financial -- -- -- -- 31.2M
Accounts Receivable 572,000 510,000 370,964 186,267 --
Receivables 648,000 604,000 370,964 186,267 --
Inventory 636,000 573,000 0.00 -- --
Prepaid Assets 260,000 411,000 523,014 447,215 --
Current Assets 11.0M 11.0M 8.5M 22.2M --
Gross PPE 30.3M 30.2M 15.7M 13.1M --
Accumulated Depreciation -6.5M -2.6M -588,192 -328,867 --
Net PPE 23.9M 27.6M 15.2M 12.7M --
Other Non Current Assets -- 1.4M 2.0M 1.0M 507,598
Total Non Current Assets 25.7M 29.5M 21.4M 17.7M --
Total Assets 36.8M 40.5M 30.0M 39.9M --
Current Debt 30.6M 27.5M -- -- --
Current Debt And Capital Lease Obligation 30.7M 27.7M 172,417 174,780 --
Accounts Payable 3.2M 2.8M 2.6M 1.8M --
Payables 3.2M 2.9M 2.7M 2.2M --
Payables And Accrued Expenses 3.2M 2.9M 2.7M 2.2M --
Other Current Liabilities -- -- -- 77,636 4.7M
Current Liabilities 33.9M 30.5M 2.9M 2.4M --
Long Term Debt -- 27.5M -- -- --
Long Term Debt And Capital Lease Obligation 11,000 140,000 -- 165,611 165,484
Long Term Capital Lease Obligation 11,000 140,000 0.00 165,611 --
Other Non Current Liabilities -- -- -- -- 82,152
Total Non Current Liabilities Net Minority Interest 11,000 140,000 0.00 165,611 --
Total Liabilities Net Minority Interest 33.9M 30.7M 2.9M 2.6M --
Common Stock 88.3M 78.7M 78.7M 78.3M --
Capital Stock 88.3M 78.7M 78.7M 78.3M --
Retained Earnings -96.6M -79.0M -60.7M -48.6M --
Gains Losses Not Affecting Retained Earnings 11.1M 10.1M 9.0M 7.6M --
Other Equity Adjustments 11.1M 10.1M 9.0M 7.6M --
Common Stock Equity 2.8M 9.8M 27.1M 37.3M --
Stockholders Equity 2.8M 9.8M 27.1M 37.3M --
Total Equity Gross Minority Interest 2.8M 9.8M 27.1M 37.3M --
Total Capitalization 2.8M 9.8M 27.1M 37.3M --
Net Tangible Assets 2.8M 9.8M 27.1M 37.3M --
Tangible Book Value 2.8M 9.8M 27.1M 37.3M --
Working Capital -22.9M -19.6M 5.7M 19.8M --
Invested Capital 33.4M 37.4M 27.1M 37.3M --
Total Debt 30.7M 27.8M 172,417 340,391 --
Net Debt 21.1M 18.2M -- -- --
Share Issued 142.8M 80.5M 80.5M 80.2M --
Ordinary Shares Number 142.8M 80.5M 80.5M 80.2M --
Buildings And Improvements 13.8M 13.7M 179,210 144,334 --
Capital Lease Obligations 139,000 257,000 172,417 340,391 --
Construction In Progress 1.5M 1.4M 7.9M 5.2M --
Current Capital Lease Obligation 128,000 117,000 172,417 174,780 --
Dueto Related Parties Current 53,000 33,000 38,914 409,466 --
Financial Assets -- 0.00 4.2M 3.9M 1.6M
Land And Improvements 8.0M 8.0M 333,331 333,331 --
Non Current Deferred Assets 1.9M 1.9M 0.00 -- --
Other Current Borrowings 30.6M 27.5M -- -- --
Other Properties 7.1M 7.1M 7.4M 7.4M --
Taxes Receivable 76,000 94,000 0.00 -- --
Line Item FY 2025Sep 30, 2025 FY 2024Sep 30, 2024 FY 2023Sep 30, 2023 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Operating Cash Flow -8.0M -13.6M -10.8M -9.7M --
Cash Flow From Continuing Operating Activities -8.0M -13.6M -10.8M -9.7M --
Depreciation And Amortization 3.9M 2.6M 261,173 191,129 --
Depreciation Amortization Depletion 3.9M 2.6M 261,173 191,129 --
Stock Based Compensation -923,000 1.0M 1.6M 2.7M --
Change In Working Capital 328,000 -1.4M 215,323 993,467 --
Changes In Account Receivables 187,000 912,000 10,952 -6,933 --
Change In Receivables 205,000 818,000 10,952 -6,933 --
Change In Inventory -63,000 -96,000 0.00 -- --
Change In Payables And Accrued Expense 45,000 -2.2M 650,724 1.1M --
Change In Payable 45,000 -2.2M 280,172 1.1M --
Change In Other Working Capital -- -5,853 -370,552 -- --
Other Non Cash Items 4.1M 3.2M -609,909 -144,713 --
Capital Expenditure -87,000 -4.2M -3.5M -8.2M --
Purchase Of PPE -87,000 -4.2M -3.5M -5.9M --
Net PPE Purchase And Sale -87,000 -4.1M -3.5M -5.9M --
Purchase Of Business 0.00 -4.3M 0.00 -- --
Sale Of Business 0.00 887,000 0.00 -- --
Investing Cash Flow 74,000 -6.9M -3.1M -8.1M --
Cash Flow From Continuing Investing Activities 74,000 -6.9M -3.1M -8.1M --
Issuance Of Debt 0.00 26.0M 0.00 -- --
Repayment Of Debt -134,000 -276,000 -210,171 -195,594 --
Net Issuance Payments Of Debt -134,000 25.7M -210,171 -195,594 --
Issuance Of Capital Stock 11.1M 0.00 0.00 8.6M --
Net Common Stock Issuance 11.1M 0.00 0.00 8.6M --
Financing Cash Flow 7.7M 22.0M -2,521 8.1M --
Cash Flow From Continuing Financing Activities 7.7M 22.0M -2,521 8.1M --
Effect Of Exchange Rate Changes 348,000 222,000 33,153 -58,167 --
Changes In Cash -221,000 1.5M -13.9M -9.6M --
Beginning Cash Position 9.4M 7.7M 21.6M 31.2M --
End Cash Position 9.5M 9.4M 7.6M 21.6M --
Free Cash Flow -8.1M -17.8M -14.4M -17.9M --
Cash Dividends Paid 0.00 0.00 0.00 -- --
Change In Account Payable 25,000 -2.2M 650,724 722,056 --
Change In Prepaid Assets 141,000 125,000 -75,801 -82,321 --
Common Stock Issuance 11.1M 0.00 0.00 8.6M --
Depreciation 3.9M 2.6M 261,173 191,129 --
Gain Loss On Investment Securities -1.0M -316,000 -- -- --
Gain Loss On Sale Of PPE 0.00 4,000 0.00 0.00 --
Interest Paid Cff -1.8M -1.9M 0.00 -- --
Interest Received Cfi 161,000 611,000 439,121 170,676 --
Long Term Debt Issuance 0.00 26.0M 0.00 -- --
Long Term Debt Payments -134,000 -276,000 -210,171 -195,594 --
Net Business Purchase And Sale 0.00 -3.4M 0.00 -- --
Net Foreign Currency Exchange Gain Loss 861,000 -362,000 -313,231 16,329 --
Net Income From Continuing Operations -17.6M -18.3M -12.0M -13.5M --
Net Intangibles Purchase And Sale -- -- 0.00 -2.3M -1.1M
Net Long Term Debt Issuance -134,000 25.7M -210,171 -195,594 --
Net Other Financing Charges -1.4M -1.8M -- -255,243 -2.3M
Operating Gains Losses 2.2M -674,000 -313,231 16,329 --
Proceeds From Stock Option Exercised -- 0.00 207,650 0.00 2.5M
Purchase Of Intangibles -- -- 0.00 -2.3M -1.1M
Sale Of PPE 0.00 64,000 1,464 0.00 --
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