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Earthworks Industries Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Nov 30, 2024 FY 2023Nov 30, 2023 FY 2022Nov 30, 2022 FY 2021Nov 30, 2021
Total Revenue 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00
Selling General And Administration 1.5M 869,853 1.4M 606,630
General And Administrative Expense 1.5M 862,734 1.4M 604,331
Depreciation And Amortization In Income Statement 778.00 0.00 877.00 677.00
Other Operating Expenses -- 50,105 23,010 611.00
Operating Expense 1.5M 869,853 1.4M 607,307
Operating Income -1.5M -869,853 -1.4M -607,307
EBIT -14.2M 3.0M -1.3M -607,307
Interest Expense 919,518 336,592 562,829 438,568
Interest Expense Non Operating 919,518 336,592 562,829 438,568
Net Interest Income -1.0M -382,943 -593,386 -438,568
Other Income Expense -12.6M 3.9M 133,993 --
Special Income Charges -12.7M 3.8M 58,337 --
Write Off 12.1M 0.00 -- --
Gain On Sale Of Security 128,139 116,914 75,656 --
Pretax Income -15.1M 2.6M -1.8M -1.0M
Tax Provision -12,583 376,901 0.00 --
Tax Effect Of Unusual Items -10,490 555,393 0.00 0.00
Net Income From Continuing And Discontinued Operation -15.1M 2.3M -1.8M -1.0M
Net Income From Continuing Operation Net Minority Interest -15.1M 2.3M -1.8M -1.0M
Net Income Including Noncontrolling Interests -15.1M 2.3M -1.8M -1.0M
Net Income Common Stockholders -15.1M 2.3M -1.8M -1.0M
Net Income -15.1M 2.3M -1.8M -1.0M
EBITDA -14.2M 3.0M -1.3M -606,630
Normalized EBITDA -1.6M -916,204 -1.4M -606,630
Reconciled Depreciation 778.00 0.00 877.00 677.00
Basic EPS -0.14 0.02 -0.02 -0.01
Diluted EPS -0.14 0.02 -0.02 -0.01
Basic Average Shares 111.5M 97.4M 90.7M 80.9M
Diluted Average Shares 111.5M 101.5M 90.7M 80.9M
Total Unusual Items -12.6M 3.9M 133,993 --
Total Unusual Items Excluding Goodwill -12.6M 3.9M 133,993 --
Tax Rate For Calcs 0.00 0.14 0.00 0.00
Normalized Income -2.5M -1.1M -2.0M -1.0M
Amortization 778.00 0.00 877.00 677.00
Amortization Of Intangibles Income Statement 778.00 0.00 877.00 677.00
Average Dilution Earnings 0.00 112,915 0.00 --
Depreciation Amortization Depletion Income Statement 778.00 0.00 877.00 677.00
Diluted NI Availto Com Stockholders -15.1M 2.4M -1.8M -1.0M
Net Income Continuous Operations -15.1M 2.3M -1.8M -1.0M
Net Non Operating Interest Income Expense -1.0M -382,943 -593,386 -438,568
Other Gand A 1.3M 539,086 226,556 193,640
Other Special Charges 683,124 -3.8M -58,337 --
Rent And Landing Fees 25,856 23,820 22,427 22,285
Rent Expense Supplemental 25,856 23,820 22,427 22,285
Salaries And Wages 125,775 299,828 1.1M 388,406
Selling And Marketing Expense 26,737 7,119 1,771 2,299
Total Expenses 1.5M 869,853 1.4M 607,307
Total Other Finance Cost 110,183 46,351 30,557 --
Line Item FY 2024Nov 30, 2024 FY 2023Nov 30, 2023 FY 2022Nov 30, 2022 FY 2021Nov 30, 2021
Cash And Cash Equivalents 16,543 908,872 209,206 288,086
Cash Cash Equivalents And Short Term Investments 16,543 908,872 209,206 288,086
Cash Financial 16,543 908,872 209,206 288,086
Accounts Receivable 6,716 12,192 6,260 7,426
Receivables 6,716 12,192 6,260 7,426
Prepaid Assets 284.00 180,757 39,632 128,926
Current Assets 23,543 1.1M 255,098 424,438
Gross PPE 2,737 0.00 11.8M 877.00
Net PPE 2,737 0.00 11.8M 877.00
Other Non Current Assets -- 12.0M 11.8M 10.8M
Total Non Current Assets 2,737 12.0M 11.8M 10.8M
Total Assets 26,280 13.1M 12.1M 11.2M
Current Debt 1.5M 295,390 899,122 853,415
Current Debt And Capital Lease Obligation 1.5M 295,390 899,122 853,415
Accounts Payable 638,373 681,418 456,982 449,279
Payables 1.1M 1.1M 456,982 449,279
Payables And Accrued Expenses 1.6M 1.1M 875,337 833,227
Current Accrued Expenses 496,670 0.00 418,355 383,948
Current Deferred Revenue 3.8M 2.8M 675,400 351,780
Other Current Liabilities -- 126,387 73,680 --
Current Liabilities 6.9M 4.3M 2.5M 2.0M
Long Term Debt -- 710,778 -- --
Long Term Debt And Capital Lease Obligation -- 710,778 -- --
Total Non Current Liabilities Net Minority Interest 0.00 1.2M 7.2M 7.1M
Total Liabilities Net Minority Interest 6.9M 5.5M 9.7M 9.1M
Common Stock 27.3M 26.6M 23.3M 22.1M
Capital Stock 27.3M 26.6M 23.3M 22.1M
Retained Earnings -39.5M -24.2M -25.9M -23.9M
Gains Losses Not Affecting Retained Earnings 5.4M 5.2M 5.0M 3.9M
Other Equity Adjustments 5.4M 5.2M 5.0M 3.9M
Common Stock Equity -6.8M 7.6M 2.4M 2.1M
Stockholders Equity -6.8M 7.6M 2.4M 2.1M
Total Equity Gross Minority Interest -6.8M 7.6M 2.4M 2.1M
Total Capitalization -6.8M 8.3M 2.4M 2.1M
Net Tangible Assets -6.8M 7.6M 2.4M 2.1M
Tangible Book Value -6.8M 7.6M 2.4M 2.1M
Working Capital -6.8M -3.2M -2.3M -1.6M
Invested Capital -5.4M 8.6M 3.3M 3.0M
Total Debt 1.5M 1.0M 899,122 853,415
Net Debt 1.5M 97,296 689,916 565,329
Share Issued 113.2M 110.1M 94.3M 88.5M
Ordinary Shares Number 113.2M 110.1M 94.3M 88.5M
Current Deferred Liabilities 3.8M 2.8M 675,400 351,780
Current Notes Payable 1.3M 88,747 754,690 853,415
Income Tax Payable 431,916 379,161 0.00 --
Interest Payable 496,670 0.00 418,355 383,948
Non Current Accrued Expenses 0.00 455,798 0.00 --
Non Current Deferred Liabilities -- 0.00 7.2M 7.1M
Non Current Deferred Revenue -- 0.00 7.2M 7.1M
Other Current Borrowings 1.5M 295,390 899,122 853,415
Other Properties 2,737 12.0M 11.8M 877.00
Total Tax Payable 431,916 379,161 0.00 --
Treasury Shares Number -- 0.00 -- --
Line Item FY 2024Nov 30, 2024 FY 2023Nov 30, 2023 FY 2022Nov 30, 2022 FY 2021Nov 30, 2021
Operating Cash Flow -1.3M -1.3M -376,692 -553,320
Cash Flow From Continuing Operating Activities -1.3M -1.3M -376,692 -553,320
Depreciation And Amortization 778.00 0.00 877.00 677.00
Depreciation Amortization Depletion 778.00 0.00 877.00 677.00
Stock Based Compensation 45,000 218,000 917,943 173,100
Change In Working Capital 1.1M 755,298 543,248 -122,988
Changes In Account Receivables 5,476 -5,932 1,166 21,344
Change In Receivables 5,476 -5,932 1,166 21,344
Change In Payables And Accrued Expense 958,004 902,429 450,078 -31,430
Change In Payable -17,383 592,162 -6,536 --
Other Non Cash Items 64,504 223,054 136,414 441,766
Capital Expenditure -3,515 -- -- --
Purchase Of PPE -3,515 0.00 -- --
Net PPE Purchase And Sale -3,515 0.00 -- --
Purchase Of Business -- -- -- -122,541
Investing Cash Flow -39,214 -63,779 -424,522 -122,541
Cash Flow From Continuing Investing Activities -39,214 -63,779 -424,522 -122,541
Issuance Of Debt 400,000 0.00 65,302 127,920
Repayment Of Debt -- 0.00 -32,488 -76,471
Net Issuance Payments Of Debt 400,000 0.00 32,814 51,449
Issuance Of Capital Stock 62,142 2.4M 690,720 880,000
Net Common Stock Issuance 62,142 2.4M 690,720 880,000
Financing Cash Flow 462,142 2.0M 723,534 895,049
Cash Flow From Continuing Financing Activities 462,142 2.0M 723,534 895,049
Changes In Cash -892,329 699,666 -78,880 219,188
Beginning Cash Position 908,872 209,206 288,086 68,898
End Cash Position 16,543 908,872 209,206 288,086
Free Cash Flow -1.3M -1.3M -376,692 -553,320
Income Tax Paid Supplemental Data 0.00 0.00 0.00 0.00
Interest Paid Supplemental Data 0.00 0.00 0.00 0.00
Amortization Cash Flow 778.00 0.00 877.00 677.00
Amortization Of Intangibles 778.00 0.00 877.00 677.00
Asset Impairment Charge 12.1M 0.00 -- --
Cash Dividends Paid -- -- -- 0.00
Change In Account Payable -70,138 215,261 -6,536 --
Change In Accrued Expense 975,387 310,267 456,614 --
Change In Income Tax Payable 52,755 376,901 0.00 --
Change In Interest Payable 975,387 310,267 456,614 --
Change In Prepaid Assets 180,473 -141,199 92,004 -112,902
Change In Tax Payable 52,755 376,901 0.00 --
Common Stock Issuance 62,142 2.4M 690,720 880,000
Gain Loss On Investment Securities -128,139 -116,914 -75,656 --
Interest Paid Cff -- -- -- 0.00
Long Term Debt Issuance 400,000 0.00 65,302 127,920
Long Term Debt Payments -- 0.00 -32,488 -76,471
Net Business Purchase And Sale -- -- -- -122,541
Net Foreign Currency Exchange Gain Loss -- -- -- 0.00
Net Income From Continuing Operations -15.1M 2.3M -1.8M -1.0M
Net Long Term Debt Issuance 400,000 0.00 32,814 51,449
Net Other Financing Charges -- -378,068 -14,280 -36,400
Net Other Investing Changes -35,699 -63,779 -424,522 -122,541
Operating Gains Losses 490,481 -4.7M -133,993 --
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