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Emergent Metals Corp.

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 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00
Cost Of Revenue 7,539 23,659 26,751 41,006
Gross Profit -7,539 -23,659 -26,751 -41,006
Selling General And Administration 577,302 789,356 658,404 768,665
General And Administrative Expense 577,302 789,356 658,404 566,366
Other Operating Expenses 529,726 836,369 1.6M 1.5M
Operating Expense 1.1M 1.9M 2.3M 2.3M
Operating Income -1.1M -2.0M -2.3M -2.3M
EBIT -545,333 -825,000 -1.6M -715,043
Interest Expense 966.00 1,251 3,845 5,633
Interest Expense Non Operating 966.00 1,251 3,845 5,633
Interest Income -- -- 0.00 12,303
Interest Income Non Operating -- -- 0.00 12,303
Net Interest Income -6,504 -3,083 -8,079 5,620
Other Income Expense 609,908 1.1M 757,342 1.6M
Other Non Operating Income Expenses 85,609 36,127 79,363 120,142
Special Income Charges -30,382 -77,824 693,271 0.00
Write Off 30,382 77,824 0.00 0.00
Gain On Sale Of Security 554,681 1.2M -15,292 1.5M
Pretax Income -546,299 -826,251 -1.6M -720,676
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -546,299 -826,251 -1.6M -720,676
Net Income From Continuing Operation Net Minority Interest -546,299 -826,251 -1.6M -720,676
Net Income Including Noncontrolling Interests -546,299 -826,251 -1.6M -720,676
Net Income Common Stockholders -546,299 -826,251 -1.6M -720,676
Net Income -546,299 -826,251 -1.6M -720,676
EBITDA -537,794 -801,341 -1.5M -674,037
Normalized EBITDA -1.1M -1.9M -2.2M -2.2M
Reconciled Depreciation 7,539 23,659 26,751 41,006
Basic EPS -0.02 -0.03 -0.09 -0.06
Diluted EPS -0.02 -0.03 -0.09 -0.06
Basic Average Shares 34.5M 27.8M 17.9M 13.1M
Diluted Average Shares 34.5M 27.8M 17.9M 13.1M
Total Unusual Items 524,299 1.1M 677,979 1.5M
Total Unusual Items Excluding Goodwill 524,299 1.1M 677,979 1.5M
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -1.1M -1.9M -2.2M -2.2M
Diluted NI Availto Com Stockholders -546,299 -826,251 -1.6M -720,676
Gain On Sale Of Ppe -- 0.00 693,271 0.00
Insurance And Claims 30,131 31,198 32,631 25,397
Net Income Continuous Operations -546,299 -826,251 -1.6M -720,676
Net Non Operating Interest Income Expense -6,504 -3,083 -8,079 5,620
Other Gand A 518,463 559,658 602,189 517,900
Other Special Charges -- -39,038 -- --
Other Taxes 35,136 303,967 0.00 0.00
Reconciled Cost Of Revenue 7,539 23,659 26,751 41,006
Rent And Landing Fees 1,055 13,553 23,584 23,069
Rent Expense Supplemental 1,055 13,553 23,584 23,069
Salaries And Wages 27,653 184,947 0.00 0.00
Selling And Marketing Expense -- -- 151,271 202,299
Total Expenses 1.1M 2.0M 2.3M 2.3M
Total Operating Income As Reported -- -- -- -2.3M
Total Other Finance Cost 5,538 1,832 4,234 1,050
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 52,366 224,525 688,124 357,312
Cash Cash Equivalents And Short Term Investments 52,366 224,525 910,277 441,632
Cash Financial -- -- 688,124 357,312
Other Short Term Investments -- 0.00 222,153 84,320
Receivables 108,000 88,000 186,000 65,915
Prepaid Assets 34,906 45,019 149,504 37,860
Other Current Assets 23.00 -246.00 -118.00 --
Current Assets 195,295 357,298 1.2M 545,407
Gross PPE 2.7M 2.7M 2.7M 3.1M
Accumulated Depreciation -124,093 -116,555 -107,084 -95,013
Net PPE 2.5M 2.6M 2.6M 3.0M
Other Non Current Assets -- -- 2,148 2,148
Total Non Current Assets 2.5M 2.6M 2.7M 3.1M
Total Assets 2.7M 2.9M 4.0M 3.7M
Current Debt -- 26,603 -- --
Current Debt And Capital Lease Obligation -- 26,603 16,842 15,264
Accounts Payable 1.3M 1.3M 1.0M 813,681
Payables 1.8M 1.6M 1.1M 864,034
Payables And Accrued Expenses 1.8M 1.6M 1.1M 864,034
Other Current Liabilities 517,739 335,209 1.5M 438,668
Current Liabilities 2.3M 1.9M 2.6M 1.3M
Long Term Debt And Capital Lease Obligation -- -- -- 16,787
Long Term Capital Lease Obligation -- -- 0.00 16,787
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 16,787
Total Liabilities Net Minority Interest 2.3M 1.9M 2.6M 1.3M
Common Stock 49.0M 49.1M 48.8M 48.3M
Capital Stock 49.0M 49.1M 48.8M 48.3M
Retained Earnings -57.7M -57.2M -56.4M -54.8M
Common Stock Equity 420,656 986,529 1.3M 2.3M
Stockholders Equity 420,656 986,529 1.3M 2.3M
Total Equity Gross Minority Interest 420,656 986,529 1.3M 2.3M
Total Capitalization 420,656 986,529 1.3M 2.3M
Net Tangible Assets 420,656 986,529 1.3M 2.3M
Tangible Book Value 420,656 986,529 1.3M 2.3M
Working Capital -2.1M -1.6M -1.4M -772,559
Invested Capital 420,656 1.0M 1.3M 2.3M
Total Debt -- 26,603 16,842 32,051
Share Issued 51.8M 32.1M 27.2M 13.6M
Ordinary Shares Number 51.8M 32.1M 27.2M 13.6M
Buildings And Improvements -- -- 29,834 29,834
Capital Lease Obligations -- 0.00 16,842 32,051
Current Capital Lease Obligation -- 0.00 16,842 15,264
Duefrom Related Parties Current -- -- -- 0.00
Dueto Related Parties Current 491,873 233,038 85,438 50,353
Machinery Furniture Equipment 95,012 95,012 95,012 95,012
Non Current Prepaid Assets -- 0.00 114,192 122,820
Other Current Borrowings -- 26,603 -- --
Other Equity Interest 9.2M 9.1M 8.9M 8.8M
Other Properties 2.6M 2.6M 2.6M 3.0M
Other Receivables 3,000 34,000 77,000 1,300
Taxes Receivable 105,000 54,000 109,000 64,615
Treasury Shares Number -- 0.00 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -963,976 -1.1M -2.1M -1.7M
Cash Flow From Continuing Operating Activities -963,976 -1.1M -2.1M -1.5M
Depreciation And Amortization 7,539 23,659 26,751 41,006
Depreciation Amortization Depletion 7,539 23,659 26,751 41,006
Stock Based Compensation 27,653 184,947 0.00 0.00
Change In Working Capital 37,808 656,849 75,355 587,149
Change In Receivables -50,651 98,128 -46,134 14,745
Change In Payables And Accrued Expense 78,347 454,236 226,485 283,109
Change In Payable 78,347 454,236 226,485 283,109
Other Non Cash Items -84,643 -34,876 -48,943 -237,681
Capital Expenditure -168,908 -52,974 -49,555 -192,023
Purchase Of PPE -168,908 -52,974 -49,555 -192,023
Net PPE Purchase And Sale -168,908 -52,974 534,238 -182,023
Sale Of Investment 0.00 182,753 188,465 382,849
Net Investment Purchase And Sale 0.00 182,753 188,465 382,849
Investing Cash Flow 161,092 194,779 732,703 198,678
Cash Flow From Continuing Investing Activities 161,092 194,779 732,703 198,678
Issuance Of Debt -- 26,303 0.00 --
Repayment Of Debt 0.00 -18,093 -18,245 -10,888
Net Issuance Payments Of Debt -26,603 8,210 -18,245 -10,888
Issuance Of Capital Stock 657,328 390,777 1.8M 619,526
Net Common Stock Issuance 657,328 390,777 1.8M 619,526
Financing Cash Flow 630,725 439,663 1.8M 672,363
Cash Flow From Continuing Financing Activities 630,725 439,663 1.8M 672,363
Effect Of Exchange Rate Changes -- 0.00 -27,862 4,788
Changes In Cash -172,159 -463,599 358,674 -842,015
Beginning Cash Position 224,525 688,124 357,312 1.2M
End Cash Position 52,366 224,525 688,124 357,312
Free Cash Flow -1.1M -1.2M -2.2M -1.9M
Asset Impairment Charge 30,382 77,824 0.00 --
Cash Dividends Paid -- -- 0.00 0.00
Change In Account Payable -180,488 306,636 191,400 427,575
Change In Prepaid Assets 10,112 104,485 -104,996 289,295
Common Stock Issuance 657,328 390,777 1.8M 619,526
Depreciation 7,539 23,659 26,751 41,006
Gain Loss On Investment Securities -434,239 -1.1M -172,143 -1.8M
Interest Paid Cff -- -- -3,845 -4,018
Long Term Debt Payments 0.00 -18,093 -18,245 -10,888
Net Foreign Currency Exchange Gain Loss -2,177 4,592 108,435 10,278
Net Income From Continuing Operations -546,299 -826,251 -1.6M -720,676
Net Long Term Debt Issuance 0.00 -18,093 -18,245 -10,888
Net Other Financing Charges -- 300.00 -- 67,743
Net Other Investing Changes 330,000 65,000 10,000 -2,148
Net Short Term Debt Issuance -26,603 26,303 0.00 --
Operating Gains Losses -436,416 -1.1M -688,045 -1.8M
Proceeds From Stock Option Exercised 0.00 40,676 0.00 0.00
Sale Of PPE -- 0.00 583,793 10,000
Short Term Debt Issuance -- 26,303 0.00 --
Unrealized Gain Loss On Investment Securities 0.00 -49,591 79,959 410,824
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