Elcora Advanced Materials Corp.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Mar 31, 2024 | FY 2023Mar 31, 2023 | FY 2022Mar 31, 2022 | FY 2021Mar 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 120,980 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 120,980 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | -- | 71,212 | 91,515 | 149,215 |
| Gross Profit | -- | -71,212 | -91,515 | -149,215 |
| Selling General And Administration | 868,317 | 1.4M | 635,608 | 710,157 |
| General And Administrative Expense | 868,317 | 1.4M | 635,608 | 710,157 |
| Research And Development | 0.00 | 20,709 | 169,237 | -60,793 |
| Depreciation And Amortization In Income Statement | 64,278 | 71,212 | -- | -- |
| Other Operating Expenses | 212,680 | 43,489 | 13,262 | 401.00 |
| Operating Expense | 1.1M | 1.5M | 818,107 | 649,765 |
| Operating Income | -1.0M | -1.5M | -909,622 | -798,980 |
| EBIT | -1.1M | -1.5M | -820,320 | -775,314 |
| Interest Expense | 131,198 | 110,763 | 138,773 | 105,597 |
| Interest Expense Non Operating | 131,198 | 110,763 | 138,773 | 105,597 |
| Net Interest Income | -131,198 | -110,763 | -138,773 | -105,597 |
| Other Income Expense | -105,684 | 48,850 | 89,302 | 23,666 |
| Other Non Operating Income Expenses | 97,601 | 99,188 | 96,765 | -- |
| Special Income Charges | -204,756 | -33,069 | 0.00 | 7,920 |
| Write Off | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | 1,471 | -17,269 | -7,463 | 15,746 |
| Pretax Income | -1.3M | -1.6M | -959,093 | -880,911 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -1.3M | -1.6M | -959,093 | -880,911 |
| Net Income From Continuing Operation Net Minority Interest | -1.3M | -1.6M | -959,093 | -880,911 |
| Net Income Including Noncontrolling Interests | -1.3M | -1.6M | -959,093 | -880,911 |
| Net Income Common Stockholders | -1.3M | -1.6M | -959,093 | -880,911 |
| Net Income | -1.3M | -1.6M | -959,093 | -880,911 |
| EBITDA | -1.1M | -1.4M | -728,805 | -626,099 |
| Normalized EBITDA | -862,416 | -1.4M | -721,342 | -649,765 |
| Reconciled Depreciation | 64,276 | 71,212 | 91,515 | 149,215 |
| Basic EPS | -0.08 | -0.10 | -0.10 | -0.10 |
| Diluted EPS | -0.08 | -0.10 | -0.10 | -0.10 |
| Basic Average Shares | 16.7M | 16.0M | 11.9M | 8.7M |
| Diluted Average Shares | 16.7M | 16.0M | 11.9M | 8.7M |
| Total Unusual Items | -203,285 | -50,338 | -7,463 | 23,666 |
| Total Unusual Items Excluding Goodwill | -203,285 | -50,338 | -7,463 | 23,666 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -1.1M | -1.5M | -951,630 | -904,577 |
| Depreciation Amortization Depletion Income Statement | 64,278 | 71,212 | -- | -- |
| Depreciation Income Statement | 64,278 | 71,212 | -- | -- |
| Diluted NI Availto Com Stockholders | -1.3M | -1.6M | -959,093 | -880,911 |
| Impairment Of Capital Assets | 204,756 | 33,069 | 0.00 | -- |
| Net Income Continuous Operations | -1.3M | -1.6M | -959,093 | -880,911 |
| Net Non Operating Interest Income Expense | -131,198 | -110,763 | -138,773 | -105,597 |
| Other Gand A | 846,300 | 784,867 | 635,608 | 489,004 |
| Other Special Charges | -- | -- | -- | -7,920 |
| Reconciled Cost Of Revenue | -- | 71,212 | 91,515 | 149,215 |
| Salaries And Wages | 22,017 | 614,651 | 0.00 | 221,153 |
| Total Expenses | 1.1M | 1.5M | 909,622 | 798,980 |
| Line Item | FY 2024Mar 31, 2024 | FY 2023Mar 31, 2023 | FY 2022Mar 31, 2022 | FY 2021Mar 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 14,599 | 15,212 | 309,130 | 290,427 |
| Cash Cash Equivalents And Short Term Investments | 14,599 | 15,212 | 309,130 | 290,427 |
| Cash Financial | 14,599 | 15,212 | 309,130 | 290,427 |
| Receivables | 33,234 | 31,804 | 5,934 | 15,774 |
| Inventory | 13,360 | 0.00 | -- | -- |
| Prepaid Assets | 15,617 | 25,964 | 75,640 | 5,159 |
| Current Assets | 76,810 | 72,980 | 390,704 | 311,360 |
| Gross PPE | 1.6M | 2.4M | 1.9M | 700,566 |
| Accumulated Depreciation | -743,088 | -574,244 | -591,627 | -524,980 |
| Net PPE | 1.6M | 1.8M | 1.3M | 175,586 |
| Other Non Current Assets | 1.00 | -- | -- | -- |
| Total Non Current Assets | 1.6M | 1.8M | 1.3M | 175,586 |
| Total Assets | 1.7M | 1.9M | 1.7M | 486,946 |
| Current Debt | 418,097 | 241,343 | 196,318 | 421,989 |
| Current Debt And Capital Lease Obligation | 433,356 | 256,602 | 207,187 | 432,221 |
| Accounts Payable | 440,108 | 378,638 | 261,803 | 300,629 |
| Payables | 440,108 | 378,638 | 261,803 | 300,629 |
| Payables And Accrued Expenses | 2.0M | 1.2M | 920,346 | 1.4M |
| Current Accrued Expenses | 1.6M | 867,543 | 658,543 | 1.1M |
| Current Liabilities | 2.5M | 1.5M | 1.1M | 1.8M |
| Long Term Debt | 695,333 | 682,865 | 680,268 | 772,933 |
| Long Term Debt And Capital Lease Obligation | 695,333 | 682,865 | 680,268 | 772,933 |
| Total Non Current Liabilities Net Minority Interest | 695,333 | 682,865 | 680,268 | 772,933 |
| Total Liabilities Net Minority Interest | 3.2M | 2.2M | 1.8M | 2.6M |
| Common Stock | 20.6M | 20.3M | 19.6M | 16.7M |
| Capital Stock | 20.6M | 20.3M | 19.6M | 16.7M |
| Retained Earnings | -26.5M | -25.2M | -23.6M | -22.7M |
| Gains Losses Not Affecting Retained Earnings | 21,255 | 22,242 | -8.00 | 0.00 |
| Other Equity Adjustments | 21,255 | 22,242 | -8.00 | -- |
| Common Stock Equity | -1.4M | -320,811 | -143,349 | -2.1M |
| Stockholders Equity | -1.4M | -320,811 | -143,349 | -2.1M |
| Total Equity Gross Minority Interest | -1.4M | -320,811 | -143,349 | -2.1M |
| Total Capitalization | -751,787 | 362,054 | 536,919 | -1.4M |
| Net Tangible Assets | -1.4M | -320,811 | -143,349 | -2.1M |
| Tangible Book Value | -1.4M | -320,811 | -143,349 | -2.1M |
| Working Capital | -2.4M | -1.4M | -736,829 | -1.5M |
| Invested Capital | -333,690 | 603,397 | 733,237 | -936,803 |
| Total Debt | 1.1M | 939,467 | 887,455 | 1.2M |
| Net Debt | 1.1M | 908,996 | 567,456 | 904,495 |
| Share Issued | 17.0M | 16.7M | 15.3M | 9.0M |
| Ordinary Shares Number | 17.0M | 16.7M | 15.3M | 9.0M |
| Buildings And Improvements | 14,911 | 14,911 | 10,623 | 9,999 |
| Capital Lease Obligations | 15,259 | 15,259 | 10,869 | 10,232 |
| Current Capital Lease Obligation | 15,259 | 15,259 | 10,869 | 10,232 |
| Current Notes Payable | 355,047 | 177,997 | 99,859 | 388,251 |
| Leases | -- | 71,950 | 57,039 | 57,039 |
| Other Current Borrowings | 63,050 | 63,346 | 96,459 | 33,738 |
| Other Equity Interest | 4.4M | 4.6M | 3.9M | 3.9M |
| Other Properties | 14,911 | 527,910 | 412,420 | 411,796 |
| Other Receivables | -- | -- | -- | 14,632 |
| Properties | 1.6M | 1.8M | 1.4M | 231,731 |
| Taxes Receivable | 33,234 | 31,804 | 5,934 | 1,142 |
| Line Item | FY 2024Mar 31, 2024 | FY 2023Mar 31, 2023 | FY 2022Mar 31, 2022 | FY 2021Mar 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -146,832 | -511,402 | -1.4M | -179,208 |
| Cash Flow From Continuing Operating Activities | -146,832 | -511,402 | -1.4M | -179,208 |
| Depreciation And Amortization | 64,276 | 71,212 | 91,515 | 149,215 |
| Depreciation Amortization Depletion | 64,276 | 71,212 | 91,515 | 149,215 |
| Stock Based Compensation | 22,017 | 614,651 | 0.00 | 221,153 |
| Change In Working Capital | 793,145 | 340,581 | -598,127 | 351,200 |
| Changes In Account Receivables | -1,430 | -25,870 | 9,840 | -13,361 |
| Change In Receivables | -1,430 | -25,870 | 9,840 | -13,361 |
| Change In Inventory | -13,360 | 0.00 | -- | -- |
| Change In Payables And Accrued Expense | 797,586 | 316,775 | -537,486 | 368,912 |
| Other Non Cash Items | 29,918 | 8,657 | 37,808 | 3,801 |
| Capital Expenditure | -127,298 | -487,826 | -1.1M | -- |
| Purchase Of PPE | -127,298 | -487,826 | -1.1M | 0.00 |
| Net PPE Purchase And Sale | -127,298 | -487,826 | -1.1M | 0.00 |
| Investing Cash Flow | -127,298 | -487,826 | -1.1M | 0.00 |
| Cash Flow From Continuing Investing Activities | -127,298 | -487,826 | -1.1M | 0.00 |
| Issuance Of Debt | -- | -- | 0.00 | 392,173 |
| Repayment Of Debt | -35,787 | -32,876 | -71,861 | -15,730 |
| Net Issuance Payments Of Debt | 123,517 | 7,570 | -371,861 | 376,443 |
| Issuance Of Capital Stock | 0.00 | 697,740 | 2.9M | 0.00 |
| Net Common Stock Issuance | 0.00 | 697,740 | 2.9M | 0.00 |
| Financing Cash Flow | 273,517 | 705,310 | 2.5M | 436,443 |
| Cash Flow From Continuing Financing Activities | 273,517 | 705,310 | 2.5M | 436,443 |
| Changes In Cash | -613.00 | -293,918 | 18,703 | 257,235 |
| Beginning Cash Position | 15,212 | 309,130 | 290,427 | 33,192 |
| End Cash Position | 14,599 | 15,212 | 309,130 | 290,427 |
| Free Cash Flow | -274,130 | -999,228 | -2.5M | -179,208 |
| Asset Impairment Charge | 204,756 | 33,069 | 0.00 | 0.00 |
| Change In Prepaid Assets | 10,349 | 49,676 | -70,481 | -4,351 |
| Common Stock Issuance | 0.00 | 697,740 | 2.9M | 0.00 |
| Depreciation | 64,276 | 71,212 | 91,515 | 149,215 |
| Gain Loss On Investment Securities | -- | -- | -96,765 | -- |
| Long Term Debt Issuance | -- | -- | 0.00 | 40,000 |
| Long Term Debt Payments | -35,787 | -32,876 | -71,861 | -15,730 |
| Net Foreign Currency Exchange Gain Loss | 233.00 | 17,269 | -8.00 | -15,746 |
| Net Income From Continuing Operations | -1.3M | -1.6M | -959,093 | -880,911 |
| Net Long Term Debt Issuance | 123,517 | -66,610 | -71,861 | 24,270 |
| Net Short Term Debt Issuance | 0.00 | 74,180 | -300,000 | 352,173 |
| Operating Gains Losses | 233.00 | 17,269 | -8.00 | -23,666 |
| Proceeds From Stock Option Exercised | 150,000 | 0.00 | 0.00 | 60,000 |
| Short Term Debt Issuance | -- | -- | -- | 352,173 |
| Short Term Debt Payments | -- | -- | -300,000 | -- |