Erdene Resource Development Corporation
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | -- | -- | 1,351 | 6,339 | 8,887 |
| Gross Profit | -- | -- | -1,351 | -6,339 | -8,887 |
| Selling General And Administration | 658,353 | 1.5M | 788,977 | 582,089 | 667,030 |
| General And Administrative Expense | 658,353 | 1.5M | 788,977 | 582,089 | 667,030 |
| Other Operating Expenses | 514,224 | 973,590 | 256,993 | 215,903 | 596,590 |
| Operating Expense | 1.2M | 2.5M | 1.0M | 797,992 | 1.3M |
| Operating Income | -1.2M | -2.5M | -1.0M | -797,992 | -1.3M |
| EBIT | -4.1M | -4.5M | -2.0M | -1.7M | -1.9M |
| Interest Expense | 723.00 | 0.00 | 0.00 | 23.00 | 136.00 |
| Interest Expense Non Operating | 723.00 | 0.00 | 0.00 | 23.00 | 136.00 |
| Interest Income | 49,725 | 55,925 | 45,037 | 33,210 | 36,996 |
| Interest Income Non Operating | 49,725 | 55,925 | 45,037 | 33,210 | 36,996 |
| Net Interest Income | 49,002 | 55,925 | -180,986 | 33,187 | 36,860 |
| Other Income Expense | -3.0M | -2.1M | -782,812 | -922,775 | -642,054 |
| Special Income Charges | 0.00 | 0.00 | 185,861 | 0.00 | 0.00 |
| Gain On Sale Of Security | -3,274 | 2,090 | 456,164 | -4,126 | 2,553 |
| Earnings From Equity Interest | -3.0M | -2.1M | -1.4M | -918,649 | -644,607 |
| Pretax Income | -4.1M | -4.5M | -2.0M | -1.7M | -1.9M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -4.1M | -4.5M | -2.0M | -1.7M | -1.9M |
| Net Income From Continuing Operation Net Minority Interest | -4.1M | -4.5M | -2.0M | -1.7M | -1.9M |
| Net Income Including Noncontrolling Interests | -4.1M | -4.5M | -2.0M | -1.7M | -1.9M |
| Net Income Common Stockholders | -4.1M | -4.5M | -2.0M | -1.7M | -1.9M |
| Net Income | -4.1M | -4.5M | -2.0M | -1.7M | -1.9M |
| EBITDA | -4.1M | -4.5M | -2.0M | -1.7M | -1.9M |
| Normalized EBITDA | -4.1M | -4.5M | -2.7M | -1.7M | -1.9M |
| Reconciled Depreciation | 5,007 | 2,701 | 2,800 | 7,750 | 10,255 |
| Basic EPS | -0.06 | -0.06 | -- | -0.03 | 0.00 |
| Diluted EPS | -0.06 | -0.06 | -- | -0.03 | 0.00 |
| Basic Average Shares | 60.8M | 60.4M | -- | 58.1M | 57.8M |
| Diluted Average Shares | 60.8M | 60.4M | -- | 58.1M | 57.8M |
| Total Unusual Items | -3,274 | 2,090 | 642,025 | -4,126 | 2,553 |
| Total Unusual Items Excluding Goodwill | -3,274 | 2,090 | 642,025 | -4,126 | 2,553 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -4.1M | -4.5M | -2.7M | -1.7M | -1.9M |
| Diluted NI Availto Com Stockholders | -4.1M | -4.5M | -2.0M | -1.7M | -1.9M |
| Gain On Sale Of Business | 0.00 | 0.00 | 185,861 | 0.00 | 0.00 |
| Net Income Continuous Operations | -4.1M | -4.5M | -2.0M | -1.7M | -1.9M |
| Net Non Operating Interest Income Expense | 49,002 | 55,925 | -180,986 | 33,187 | 36,860 |
| Other Gand A | 537,653 | 873,930 | 589,152 | 495,342 | 431,132 |
| Reconciled Cost Of Revenue | -- | -- | 1,351 | 6,339 | 8,887 |
| Salaries And Wages | 120,700 | 626,925 | 199,825 | 86,747 | 235,898 |
| Total Expenses | 1.2M | 2.5M | 1.0M | 797,992 | 1.3M |
| Total Operating Income As Reported | -1.2M | -2.5M | -1.3M | -797,992 | -1.3M |
| Total Other Finance Cost | -- | -- | 226,023 | -- | -- |
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 5.9M | 6.2M | 7.3M | 2.5M | 3.0M |
| Cash Cash Equivalents And Short Term Investments | 5.9M | 6.2M | 7.3M | 2.5M | 3.0M |
| Accounts Receivable | 356,176 | 45,162 | 14,910 | 89,647 | 135,848 |
| Receivables | 356,176 | 45,162 | 14,910 | 89,647 | 135,848 |
| Prepaid Assets | 253,733 | 81,655 | 69,988 | 51,144 | 81,891 |
| Current Assets | 6.5M | 6.4M | 7.4M | 2.7M | 3.2M |
| Gross PPE | 2.8M | 2.6M | 2.5M | 2.3M | 2.3M |
| Net PPE | 2.8M | 2.6M | 2.5M | 2.3M | 2.3M |
| Investments And Advances | 47.2M | 53.7M | 53.1M | 51.3M | 51.6M |
| Long Term Equity Investment | 47.2M | 53.7M | 53.1M | 51.3M | 51.6M |
| Total Non Current Assets | 50.0M | 56.3M | 55.6M | 53.6M | 53.9M |
| Total Assets | 56.5M | 62.7M | 63.0M | 56.3M | 57.2M |
| Current Debt And Capital Lease Obligation | 23,743 | -- | -- | -- | 5,824 |
| Accounts Payable | 1.1M | 974,554 | 782,851 | 440,089 | 369,921 |
| Payables | 1.1M | 974,554 | 782,851 | 440,089 | 369,921 |
| Payables And Accrued Expenses | 1.1M | 974,554 | 782,851 | 440,089 | 369,921 |
| Current Liabilities | 1.1M | 974,554 | 782,851 | 440,089 | 375,745 |
| Long Term Debt And Capital Lease Obligation | 76,678 | -- | -- | -- | -- |
| Long Term Capital Lease Obligation | 76,678 | -- | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 76,678 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 1.2M | 974,554 | 782,851 | 440,089 | 375,745 |
| Common Stock | 167.6M | 166.1M | 165.6M | 159.5M | 159.4M |
| Capital Stock | 167.6M | 166.1M | 165.6M | 159.5M | 159.4M |
| Additional Paid In Capital | 31.3M | 31.4M | 30.7M | 31.3M | 31.2M |
| Retained Earnings | -145.4M | -141.3M | -136.8M | -134.7M | -133.1M |
| Gains Losses Not Affecting Retained Earnings | 1.7M | 5.4M | 2.7M | -211,477 | -770,346 |
| Other Equity Adjustments | -- | -- | -- | -211,477 | -- |
| Common Stock Equity | 55.2M | 61.7M | 62.2M | 55.9M | 56.8M |
| Stockholders Equity | 55.2M | 61.7M | 62.2M | 55.9M | 56.8M |
| Total Equity Gross Minority Interest | 55.2M | 61.7M | 62.2M | 55.9M | 56.8M |
| Total Capitalization | 55.2M | 61.7M | 62.2M | 55.9M | 56.8M |
| Net Tangible Assets | 55.2M | 61.7M | 62.2M | 55.9M | 56.8M |
| Tangible Book Value | 55.2M | 61.7M | 62.2M | 55.9M | 56.8M |
| Working Capital | 5.3M | 5.4M | 6.6M | 2.2M | 2.9M |
| Invested Capital | 55.2M | 61.7M | 62.2M | 55.9M | 56.8M |
| Total Debt | 100,421 | -- | 0.00 | 0.00 | 5,824 |
| Share Issued | 61.0M | 60.5M | 60.4M | 58.1M | 58.1M |
| Ordinary Shares Number | 61.0M | 60.5M | 60.4M | 58.1M | 58.1M |
| Capital Lease Obligations | 100,421 | -- | 0.00 | 0.00 | 5,824 |
| Current Capital Lease Obligation | 23,743 | -- | 0.00 | 0.00 | 5,824 |
| Investmentsin Associatesat Cost | 47.2M | 53.7M | 53.1M | 51.3M | 51.6M |
| Other Properties | 2.8M | 2.6M | 2.5M | 2.3M | 2.3M |
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -1.2M | -1.4M | -560,420 | -555,965 | -698,813 |
| Cash Flow From Continuing Operating Activities | -1.2M | -1.4M | -560,420 | -555,965 | -698,813 |
| Depreciation And Amortization | 5,007 | 2,701 | 2,800 | 7,750 | 10,255 |
| Depreciation Amortization Depletion | 5,007 | 2,701 | 2,800 | 7,750 | 10,255 |
| Stock Based Compensation | 328,950 | 930,175 | 84,924 | 86,747 | 361,926 |
| Change In Working Capital | -339,176 | 149,390 | 625,200 | 147,553 | 192,762 |
| Change In Receivables | -311,014 | -- | -- | -- | 180,503 |
| Change In Payables And Accrued Expense | 143,916 | -- | -- | -- | 67,809 |
| Change In Payable | 143,916 | -- | -- | -- | 67,809 |
| Other Non Cash Items | -49,725 | -55,925 | -45,037 | -33,210 | -36,996 |
| Capital Expenditure | -264,788 | -118,975 | -78,231 | -930.00 | -76,472 |
| Purchase Of PPE | -- | -- | -78,232 | -56,415 | -- |
| Net PPE Purchase And Sale | -- | -- | -78,232 | -56,415 | -- |
| Purchase Of Business | -- | -- | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | -215,063 | -63,050 | -33,194 | -24,135 | -39,476 |
| Cash Flow From Continuing Investing Activities | -215,063 | -63,050 | -33,194 | -24,135 | -39,476 |
| Repayment Of Debt | -1,874 | 0.00 | 0.00 | -5,824 | -8,625 |
| Net Issuance Payments Of Debt | -1,874 | 0.00 | 0.00 | -5,824 | -8,625 |
| Financing Cash Flow | 1.0M | 391,400 | 5.3M | 100,115 | 790,874 |
| Cash Flow From Continuing Financing Activities | 1.0M | 391,400 | 5.3M | 100,115 | 790,874 |
| Effect Of Exchange Rate Changes | -9,435 | 972.00 | 20,024 | -4,512 | 2,837 |
| Changes In Cash | -363,106 | -1.1M | 4.7M | -479,985 | 52,585 |
| Beginning Cash Position | 6.2M | 7.3M | 2.5M | 3.0M | 3.0M |
| End Cash Position | 5.9M | 6.2M | 7.3M | 2.5M | 3.0M |
| Free Cash Flow | -1.4M | -1.5M | -638,651 | -556,895 | -775,285 |
| Capital Expenditure Reported | -264,788 | -118,975 | 1.00 | -930.00 | -76,472 |
| Change In Prepaid Assets | -172,078 | -- | -- | -- | -55,550 |
| Earnings Losses From Equity Investments | 3.0M | -- | 1.4M | 918,649 | 644,607 |
| Gain Loss On Sale Of Business | 0.00 | 2.1M | -185,861 | 0.00 | 0.00 |
| Interest Received Cfi | 49,725 | 55,925 | 45,037 | 33,210 | 36,996 |
| Long Term Debt Payments | -1,874 | 0.00 | 0.00 | -5,824 | -8,625 |
| Net Business Purchase And Sale | -- | -- | 0.00 | 0.00 | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 3,274 | -2,090 | -456,164 | 4,126 | -2,553 |
| Net Income From Continuing Operations | -4.1M | -4.5M | -2.0M | -1.7M | -1.9M |
| Net Long Term Debt Issuance | -1,874 | 0.00 | 0.00 | -5,824 | -8,625 |
| Net Other Investing Changes | -- | -- | -- | -56,415 | -73,996 |
| Operating Gains Losses | 3.0M | 2.1M | 782,812 | 922,775 | 642,054 |
| Proceeds From Stock Option Exercised | 1.0M | 391,400 | 5.3M | 105,939 | 799,499 |