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Full Circle Lithium Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024 Q3 2024Jul 31, 2024
Total Revenue 205,238 384,749 0.00 9,990
Operating Revenue 205,238 384,749 0.00 9,990
Cost Of Revenue 86,863 143,962 0.00 2,018
Gross Profit 118,375 240,787 0.00 7,972
Selling General And Administration 515,871 573,729 493,670 779,621
General And Administrative Expense 477,775 558,037 494,569 776,655
Research And Development 0.00 0.00 86,226 2,592
Depreciation And Amortization In Income Statement 63,384 62,658 123,844 34,263
Other Operating Expenses 118,987 63,600 53,081 59,013
Operating Expense 698,242 699,987 756,821 875,489
Operating Income -579,867 -459,200 -756,821 -867,517
EBIT -645,713 -330,400 -824,702 -865,847
Interest Expense 0.00 0.00 121.00 0.00
Interest Expense Non Operating 0.00 0.00 121.00 0.00
Interest Income 498.00 527.00 562.00 1,805
Interest Income Non Operating 498.00 527.00 562.00 1,805
Net Interest Income 498.00 527.00 441.00 1,805
Other Income Expense -66,344 128,273 -68,443 -135.00
Other Non Operating Income Expenses 8,150 1,714 -- --
Special Income Charges -50,000 101,796 -67,817 0.00
Gain On Sale Of Security -24,494 24,763 -626.00 -135.00
Pretax Income -645,713 -330,400 -824,823 -865,847
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -645,713 -330,400 -824,823 -865,847
Net Income From Continuing Operation Net Minority Interest -645,713 -330,400 -824,823 -865,847
Net Income Including Noncontrolling Interests -645,713 -330,400 -824,823 -865,847
Net Income Common Stockholders -645,713 -330,400 -824,823 -865,847
Net Income -645,713 -330,400 -824,823 -865,847
EBITDA -582,329 -267,742 -700,858 -831,584
Normalized EBITDA -507,835 -394,301 -632,415 -831,449
Reconciled Depreciation 63,384 62,658 123,844 34,263
Basic EPS -0.01 0.00 -- -0.01
Diluted EPS -0.01 0.00 -- -0.01
Basic Average Shares 74.6M 74.6M -- 69.3M
Diluted Average Shares 74.6M 74.6M -- 69.3M
Total Unusual Items -74,494 126,559 -68,443 -135.00
Total Unusual Items Excluding Goodwill -74,494 126,559 -68,443 -135.00
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -571,219 -456,959 -756,380 -865,712
Amortization 3,853 3,606 2,152 700.00
Amortization Of Intangibles Income Statement 3,853 3,606 2,152 700.00
Depreciation Amortization Depletion Income Statement 63,384 62,658 123,844 34,263
Depreciation Income Statement 59,531 59,052 121,692 33,563
Diluted NI Availto Com Stockholders -645,713 -330,400 -824,823 -865,847
Gain On Sale Of Ppe 0.00 101,796 -- --
Insurance And Claims 27,397 26,768 66,412 85,057
Net Income Continuous Operations -645,713 -330,400 -824,823 -865,847
Net Non Operating Interest Income Expense 498.00 527.00 441.00 1,805
Other Gand A 181,468 195,962 136,934 213,539
Other Special Charges 50,000 -- -- --
Reconciled Cost Of Revenue 86,863 143,962 0.00 2,018
Rent And Landing Fees 0.00 4,244 39,067 79,248
Rent Expense Supplemental 0.00 4,244 39,067 79,248
Salaries And Wages 268,910 331,063 252,156 398,811
Selling And Marketing Expense 38,096 15,692 -899.00 2,966
Total Expenses 785,105 843,949 756,821 877,507
Line Item Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024 Q3 2024Jul 31, 2024
Cash And Cash Equivalents 722,429 1.0M 49,153 789,218
Cash Cash Equivalents And Short Term Investments 722,429 1.0M 49,153 789,218
Accounts Receivable 23,828 -- -- --
Receivables 33,642 60,962 9,902 11,603
Inventory 63,172 30,579 2,434 2,434
Prepaid Assets 155,326 92,808 119,385 172,715
Current Assets 974,569 1.2M 1.6M 975,970
Gross PPE 4.1M 4.1M 4.0M 5.5M
Accumulated Depreciation -360,355 -300,825 -241,773 -145,971
Net PPE 3.8M 3.8M 3.7M 5.3M
Goodwill And Other Intangible Assets 319,018 302,353 285,617 86,489
Other Intangible Assets 319,018 302,353 285,617 86,489
Other Non Current Assets -- 39,436 39,032 38,584
Total Non Current Assets 4.1M 4.1M 4.1M 5.5M
Total Assets 5.0M 5.3M 5.6M 6.4M
Accounts Payable 295,324 218,325 118,077 265,323
Payables 295,324 218,325 118,077 265,323
Payables And Accrued Expenses 416,048 383,084 430,683 488,297
Current Accrued Expenses 120,724 164,759 312,606 222,974
Other Current Liabilities -- -- 50,000 --
Current Liabilities 416,048 383,084 480,683 488,297
Long Term Capital Lease Obligation -- -- 0.00 0.00
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 416,048 383,084 480,683 488,297
Common Stock 11.7M 11.3M 11.3M 11.3M
Capital Stock 11.7M 11.3M 11.3M 11.3M
Retained Earnings -10.4M -9.3M -8.9M -8.1M
Gains Losses Not Affecting Retained Earnings 3.3M 2.9M 2.8M 2.7M
Other Equity Adjustments 3.3M 2.9M 2.8M 2.7M
Common Stock Equity 4.6M 4.9M 5.1M 5.9M
Stockholders Equity 4.6M 4.9M 5.1M 5.9M
Total Equity Gross Minority Interest 4.6M 4.9M 5.1M 5.9M
Total Capitalization 4.6M 4.9M 5.1M 5.9M
Net Tangible Assets 4.3M 4.6M 4.9M 5.9M
Tangible Book Value 4.3M 4.6M 4.9M 5.9M
Working Capital 558,521 824,336 1.1M 487,673
Invested Capital 4.6M 4.9M 5.1M 5.9M
Total Debt -- -- 0.00 0.00
Share Issued 75.9M 74.6M 74.6M 74.6M
Ordinary Shares Number 75.9M 74.6M 74.6M 74.6M
Accrued Interest Receivable 246.00 124.00 9.00 366.00
Assets Held For Sale Current 0.00 0.00 1.4M --
Buildings And Improvements 430,208 428,078 428,078 428,078
Capital Lease Obligations -- -- 0.00 0.00
Land And Improvements 118,665 118,665 118,665 118,665
Leases 2.8M 2.7M 2.7M 2.6M
Machinery Furniture Equipment 4,594 4,594 4,594 4,594
Other Properties 772,817 771,743 771,743 2.3M
Other Receivables -- 18,604 9,893 --
Raw Materials 63,172 30,579 2,434 2,434
Taxes Receivable 9,568 42,234 -- 11,237
Line Item Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024 Q3 2024Jul 31, 2024
Operating Cash Flow -502,469 -364,937 -467,118 -407,505
Cash Flow From Continuing Operating Activities -502,469 -364,937 -467,118 -407,505
Depreciation And Amortization 63,384 62,658 123,844 34,263
Depreciation Amortization Depletion 63,384 62,658 123,844 34,263
Stock Based Compensation 82,177 148,784 29,933 101,556
Change In Working Capital -2,317 -144,183 181,111 322,523
Change In Receivables 27,954 -51,627 1,613 -3,753
Change In Inventory -32,593 -28,145 0.00 --
Change In Payables And Accrued Expense 20,082 -87,196 126,819 419.00
Change In Other Working Capital 39,436 -404.00 -448.00 263,277
Capital Expenditure -60,396 -53,157 -313,121 -191,355
Purchase Of PPE -25,452 -18,300 -55,214 -190,392
Net PPE Purchase And Sale -25,452 1.4M -5,214 -190,392
Sale Of Business -- -- 0.00 0.00
Investing Cash Flow -60,396 1.4M -263,121 -191,355
Cash Flow From Continuing Investing Activities -60,396 1.4M -263,121 -191,355
Repayment Of Debt 0.00 0.00 0.00 0.00
Net Issuance Payments Of Debt 0.00 0.00 0.00 0.00
Issuance Of Capital Stock -- -- -13,426 1.1M
Net Common Stock Issuance -- -- -13,426 1.1M
Financing Cash Flow 237,759 0.00 -13,426 1.1M
Cash Flow From Continuing Financing Activities 237,759 0.00 -13,426 1.1M
Effect Of Exchange Rate Changes 24,464 -33,588 3,600 -9,537
Changes In Cash -325,106 1.0M -743,665 458,743
Beginning Cash Position 1.0M 49,153 789,218 340,012
End Cash Position 722,429 1.0M 49,153 789,218
Free Cash Flow -562,865 -418,094 -780,239 -598,860
Amortization Cash Flow 3,853 3,606 2,152 --
Amortization Of Intangibles 3,853 3,606 2,152 --
Change In Prepaid Assets -57,196 23,189 53,127 65,014
Common Stock Issuance -- -- -13,426 1.1M
Depreciation 59,531 59,052 121,692 33,563
Gain Loss On Sale Of PPE 0.00 -101,796 -- --
Long Term Debt Payments 0.00 0.00 0.00 0.00
Net Business Purchase And Sale -- -- 0.00 0.00
Net Income From Continuing Operations -645,713 -330,400 -824,823 -865,847
Net Intangibles Purchase And Sale -34,944 -34,857 -257,907 --
Net Long Term Debt Issuance 0.00 0.00 0.00 0.00
Operating Gains Losses 0.00 -101,796 -- --
Purchase Of Intangibles -34,944 -34,857 -257,907 --
Sale Of PPE 0.00 1.4M -- --
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