Erdene Resource Development Corporation
Financial Statements (IFRS) · Amounts in CAD
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 | 25,600 | 36,958 | 38,089 | 37,350 |
| Gross Profit | -25,600 | -36,958 | -38,089 | -37,350 |
| Selling General And Administration | 3.5M | 3.1M | 2.2M | 1.9M |
| General And Administrative Expense | 3.5M | 3.1M | 2.2M | 1.9M |
| Depreciation And Amortization In Income Statement | -- | -- | -- | 37,350 |
| Other Operating Expenses | 1.9M | 847,010 | 3.8M | 3.7M |
| Operating Expense | 5.4M | 3.9M | 6.0M | 5.7M |
| Operating Income | -5.4M | -4.0M | -6.0M | -5.7M |
| EBIT | -8.2M | 524,460 | -6.0M | -5.6M |
| Interest Expense | 427.00 | 2,417 | 11,044 | 9,335 |
| Interest Expense Non Operating | 427.00 | 2,417 | 11,044 | 9,335 |
| Interest Income | 164,261 | 269,609 | 58,383 | 55,015 |
| Interest Income Non Operating | 164,261 | 269,609 | 58,383 | 55,015 |
| Net Interest Income | -1.3M | 267,192 | 47,339 | 45,680 |
| Other Income Expense | -1.5M | 4.2M | -15,916 | 103,437 |
| Special Income Charges | 1.3M | 6.5M | 0.00 | -- |
| Gain On Sale Of Security | 474,491 | -26,897 | -15,916 | 103,437 |
| Earnings From Equity Interest | -3.2M | -2.3M | 0.00 | -- |
| Pretax Income | -8.2M | 522,043 | -6.0M | -5.6M |
| Tax Effect Of Unusual Items | 0.00 | 2.6M | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -8.2M | 522,043 | -6.0M | -5.6M |
| Net Income From Continuing Operation Net Minority Interest | -8.2M | 522,043 | -6.0M | -5.6M |
| Net Income Including Noncontrolling Interests | -8.2M | 522,043 | -6.0M | -5.6M |
| Net Income Common Stockholders | -8.2M | 522,043 | -6.0M | -5.6M |
| Net Income | -8.2M | 522,043 | -6.0M | -5.6M |
| EBITDA | -8.2M | 561,419 | -5.8M | -5.5M |
| Normalized EBITDA | -9.9M | -6.0M | -5.8M | -5.6M |
| Reconciled Depreciation | 29,828 | 36,959 | 136,580 | 82,448 |
| Basic EPS | -0.12 | 0.00 | -0.12 | -0.12 |
| Diluted EPS | -0.12 | 0.00 | -0.12 | -0.12 |
| Basic Average Shares | 58.1M | 57.4M | 51.0M | 46.0M |
| Diluted Average Shares | 58.1M | 57.7M | 51.0M | 46.0M |
| Total Unusual Items | 1.7M | 6.5M | -15,916 | 103,437 |
| Total Unusual Items Excluding Goodwill | 1.7M | 6.5M | -15,916 | 103,437 |
| Tax Rate For Calcs | 0.00 | 0.40 | 0.00 | 0.00 |
| Normalized Income | -10.0M | -3.4M | -6.0M | -5.7M |
| Depreciation Amortization Depletion Income Statement | -- | -- | -- | 37,350 |
| Diluted NI Availto Com Stockholders | -8.2M | 522,043 | -6.0M | -5.6M |
| Gain On Sale Of Business | 1.3M | 6.5M | 0.00 | -- |
| Net Income Continuous Operations | -8.2M | 522,043 | -6.0M | -5.6M |
| Net Non Operating Interest Income Expense | -1.3M | 267,192 | 47,339 | 45,680 |
| Other Gand A | 2.4M | 2.1M | 1.5M | 1.2M |
| Reconciled Cost Of Revenue | 25,600 | 36,958 | 38,089 | 37,350 |
| Salaries And Wages | 1.2M | 1.0M | 711,674 | 745,446 |
| Total Expenses | 5.4M | 4.0M | 6.0M | 5.7M |
| Total Operating Income As Reported | -6.9M | -4.0M | -6.0M | -5.7M |
| Total Other Finance Cost | 1.5M | -- | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 7.3M | 4.3M | 7.4M | 7.1M |
| Cash Cash Equivalents And Short Term Investments | 7.3M | 4.3M | 7.4M | 7.1M |
| Accounts Receivable | 14,910 | 6,722 | 76,582 | 23,784 |
| Receivables | 14,910 | 6,722 | 76,582 | 23,784 |
| Prepaid Assets | 69,988 | 1.5M | 1.4M | 1.0M |
| Current Assets | 7.4M | 5.8M | 8.9M | 8.1M |
| Gross PPE | 2.5M | 2.0M | 43.9M | 38.7M |
| Accumulated Depreciation | -- | -124,187 | -260,915 | -209,676 |
| Net PPE | 2.5M | 2.0M | 43.7M | 38.4M |
| Investments And Advances | 53.1M | 51.2M | 0.00 | -- |
| Long Term Equity Investment | 53.1M | 51.2M | 0.00 | -- |
| Total Non Current Assets | 55.6M | 53.3M | 43.7M | 38.4M |
| Total Assets | 63.0M | 59.1M | 52.5M | 46.5M |
| Current Debt And Capital Lease Obligation | -- | 22,939 | 59,662 | 65,560 |
| Accounts Payable | 782,851 | 163,212 | 826,409 | 660,456 |
| Payables | 782,851 | 163,212 | 826,409 | 660,456 |
| Payables And Accrued Expenses | 782,851 | 163,212 | 826,409 | 660,456 |
| Current Liabilities | 782,851 | 186,151 | 886,071 | 726,016 |
| Long Term Debt And Capital Lease Obligation | -- | -- | 22,940 | 86,281 |
| Long Term Capital Lease Obligation | -- | 0.00 | 22,940 | 86,281 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 22,940 | 86,281 |
| Total Liabilities Net Minority Interest | 782,851 | 186,151 | 909,011 | 812,297 |
| Common Stock | 165.6M | 158.1M | 157.9M | 145.2M |
| Capital Stock | 165.6M | 158.1M | 157.9M | 145.2M |
| Additional Paid In Capital | 30.7M | 30.1M | 28.7M | 26.6M |
| Retained Earnings | -136.8M | -128.5M | -129.0M | -123.0M |
| Gains Losses Not Affecting Retained Earnings | 2.7M | -849,598 | -6.0M | -3.0M |
| Other Equity Adjustments | -- | -849,598 | -6.0M | -3.0M |
| Common Stock Equity | 62.2M | 58.9M | 51.6M | 45.7M |
| Stockholders Equity | 62.2M | 58.9M | 51.6M | 45.7M |
| Total Equity Gross Minority Interest | 62.2M | 58.9M | 51.6M | 45.7M |
| Total Capitalization | 62.2M | 58.9M | 51.6M | 45.7M |
| Net Tangible Assets | 62.2M | 58.9M | 51.6M | 45.7M |
| Tangible Book Value | 62.2M | 58.9M | 51.6M | 45.7M |
| Working Capital | 6.6M | 5.6M | 8.0M | 7.4M |
| Invested Capital | 62.2M | 58.9M | 51.6M | 45.7M |
| Total Debt | 0.00 | 22,939 | 82,602 | 151,841 |
| Share Issued | 60.4M | 57.5M | 57.4M | 49.1M |
| Ordinary Shares Number | 60.4M | 57.5M | 57.4M | 49.1M |
| Capital Lease Obligations | 0.00 | 22,939 | 82,602 | 151,841 |
| Current Capital Lease Obligation | 0.00 | 22,939 | 59,662 | 65,560 |
| Investmentsin Associatesat Cost | 53.1M | 51.2M | 0.00 | -- |
| Machinery Furniture Equipment | -- | 145,342 | 806,619 | 583,055 |
| Other Properties | 2.5M | 2.0M | 43.1M | 38.1M |
| 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 | -3.3M | -2.0M | -5.1M | -5.2M |
| Cash Flow From Continuing Operating Activities | -3.3M | -2.0M | -5.1M | -5.2M |
| Depreciation And Amortization | 29,828 | 36,959 | 136,580 | 82,448 |
| Depreciation Amortization Depletion | 29,828 | 36,959 | 136,580 | 82,448 |
| Stock Based Compensation | 1.6M | 1.6M | 1.0M | 1.1M |
| Change In Working Capital | 2.0M | 337,159 | -250,385 | -669,081 |
| Other Non Cash Items | -164,261 | -269,609 | -58,383 | -55,015 |
| Capital Expenditure | -376,022 | -1.0M | -8.3M | -8.8M |
| Purchase Of PPE | -348,887 | -1.0M | -8.0M | -8.6M |
| Net PPE Purchase And Sale | -348,887 | -1.0M | -8.0M | -8.6M |
| Purchase Of Business | 0.00 | -254,049 | 0.00 | -- |
| Investing Cash Flow | -211,761 | -1.0M | -8.2M | -8.8M |
| Cash Flow From Continuing Investing Activities | -211,761 | -1.0M | -8.2M | -8.8M |
| Repayment Of Debt | -22,939 | -32,621 | -63,041 | -35,857 |
| Net Issuance Payments Of Debt | -22,939 | -32,621 | -63,041 | -35,857 |
| Issuance Of Capital Stock | -- | 0.00 | 13.8M | 5.6M |
| Net Common Stock Issuance | -- | 0.00 | 13.8M | 5.6M |
| Financing Cash Flow | 6.4M | 27,879 | 13.7M | 8.1M |
| Cash Flow From Continuing Financing Activities | 6.4M | 27,879 | 13.7M | 8.1M |
| Effect Of Exchange Rate Changes | 40,789 | -22,540 | -30,782 | 137,816 |
| Changes In Cash | 2.9M | -3.0M | 389,331 | -5.9M |
| Beginning Cash Position | 4.3M | 7.4M | 7.1M | 12.8M |
| End Cash Position | 7.3M | 4.3M | 7.4M | 7.1M |
| Free Cash Flow | -3.7M | -3.1M | -13.4M | -14.1M |
| Capital Expenditure Reported | -27,135 | -3,085 | -296,747 | -179,329 |
| Common Stock Issuance | -- | 0.00 | 13.8M | 5.6M |
| Earnings Losses From Equity Investments | 3.2M | 2.3M | -- | -- |
| Gain Loss On Sale Of Business | -1.3M | -6.5M | 0.00 | -- |
| Interest Received Cfi | 164,261 | 269,609 | 58,383 | 55,015 |
| Long Term Debt Payments | -22,939 | -32,621 | -63,041 | -35,857 |
| Net Business Purchase And Sale | 0.00 | -254,049 | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | -474,491 | 26,897 | 15,916 | -103,437 |
| Net Income From Continuing Operations | -8.2M | 522,043 | -6.0M | -5.6M |
| Net Long Term Debt Issuance | -22,939 | -32,621 | -63,041 | -35,857 |
| Net Other Investing Changes | -- | -1.0M | -8.0M | -8.6M |
| Operating Gains Losses | 1.5M | -4.2M | 15,916 | -103,437 |
| Proceeds From Stock Option Exercised | 6.4M | 60,500 | 17,100 | 2.6M |