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Grit Metals Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025May 31, 2025 FY 2024May 31, 2024 FY 2023May 31, 2023 FY 2022May 31, 2022 FY 2021May 31, 2021
Total Revenue -- 0.00 0.00 0.00 --
Operating Revenue -- 0.00 0.00 0.00 --
Selling General And Administration -- 711,509 321,862 302,879 --
General And Administrative Expense -- 626,920 223,299 301,999 --
Other Operating Expenses -- 1.2M 271,618 129,272 --
Operating Expense -- 1.9M 593,480 432,151 --
Operating Income -- -1.9M -593,480 -432,151 --
EBIT -- -1.9M -593,480 -432,151 --
Interest Income -- 82.00 0.00 -- --
Interest Income Non Operating -- 82.00 0.00 -- --
Net Interest Income -- 82.00 0.00 -- --
Other Income Expense -- -340,183 -- -- --
Special Income Charges -- -311,231 0.00 -- --
Write Off -- 311,231 0.00 -- --
Gain On Sale Of Security -- -28,952 -- -- --
Pretax Income -- -2.2M -593,480 -432,151 --
Tax Effect Of Unusual Items -- 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -- -2.2M -593,480 -432,151 --
Net Income From Continuing Operation Net Minority Interest -- -2.2M -593,480 -432,151 --
Net Income Including Noncontrolling Interests -- -2.2M -593,480 -432,151 --
Net Income Common Stockholders -- -2.2M -593,480 -432,151 --
Net Income -- -2.2M -593,480 -432,151 --
EBITDA -- -1.9M -593,480 -432,151 --
Normalized EBITDA -- -1.5M -593,480 -432,151 --
Basic EPS -0.04 -0.07 -0.05 -0.11 --
Diluted EPS -0.04 -0.07 -0.05 -0.11 --
Basic Average Shares 45.2M 32.0M 10.9M 3.9M --
Diluted Average Shares 45.2M 32.0M 10.9M 3.9M --
Total Unusual Items -- -340,183 0.00 -- --
Total Unusual Items Excluding Goodwill -- -340,183 0.00 -- --
Tax Rate For Calcs -- 0.00 0.00 0.00 --
Normalized Income -- -1.9M -593,480 -432,151 --
Diluted NI Availto Com Stockholders -- -2.2M -593,480 -432,151 --
Net Income Continuous Operations -- -2.2M -593,480 -432,151 --
Net Non Operating Interest Income Expense -- 82.00 0.00 -- --
Other Gand A -- 136,830 132,822 227,894 --
Salaries And Wages -- 490,090 90,477 74,105 --
Selling And Marketing Expense -- 84,589 98,563 880.00 --
Total Expenses -- 1.9M 593,480 432,151 --
Total Operating Income As Reported -- -1.9M -593,480 -- --
Line Item FY 2025May 31, 2025 FY 2024May 31, 2024 FY 2023May 31, 2023 FY 2022May 31, 2022 FY 2021May 31, 2021
Cash And Cash Equivalents -- 1.7M 892,711 576,344 1.00
Cash Cash Equivalents And Short Term Investments -- 1.7M 892,711 576,344 1.00
Cash Financial -- 1.7M 892,711 576,344 1.00
Accounts Receivable -- 38,683 20,980 3,129 0.00
Receivables -- 38,683 20,980 3,129 0.00
Prepaid Assets -- 37,748 134,684 0.00 --
Current Assets -- 1.8M 1.0M 579,473 1.00
Net PPE -- 3.0M 461,231 236,231 0.00
Total Non Current Assets -- 3.0M 461,231 236,231 0.00
Total Assets -- 4.8M 1.5M 815,704 1.00
Payables And Accrued Expenses -- 241,474 158,903 78,669 0.00
Current Liabilities -- 241,474 158,903 78,669 0.00
Total Non Current Liabilities Net Minority Interest -- 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest -- 241,474 158,903 78,669 0.00
Common Stock -- 6.7M 1.7M 855,658 1.00
Capital Stock -- 6.7M 1.7M 855,658 1.00
Retained Earnings -- -3.2M -1.0M -432,151 0.00
Gains Losses Not Affecting Retained Earnings -- 1.0M 651,323 313,528 0.00
Common Stock Equity -- 4.5M 1.4M 737,035 1.00
Stockholders Equity -- 4.5M 1.4M 737,035 1.00
Total Equity Gross Minority Interest -- 4.5M 1.4M 737,035 1.00
Total Capitalization -- 4.5M 1.4M 737,035 1.00
Net Tangible Assets -- 4.5M 1.4M 737,035 1.00
Tangible Book Value -- 4.5M 1.4M 737,035 1.00
Working Capital -- 1.6M 889,472 500,804 1.00
Invested Capital -- 4.5M 1.4M 737,035 1.00
Share Issued -- 37.0M 22.0M 7.3M 7.3M
Ordinary Shares Number -- 37.0M 22.0M 7.3M 7.3M
Line Item FY 2025May 31, 2025 FY 2024May 31, 2024 FY 2023May 31, 2023 FY 2022May 31, 2022 FY 2021May 31, 2021
Operating Cash Flow -- -1.3M -575,304 -282,506 --
Cash Flow From Continuing Operating Activities -- -1.3M -575,304 -282,506 --
Stock Based Compensation -- 490,090 90,477 74,105 --
Change In Working Capital -- 131,824 -72,301 75,540 --
Change In Receivables -- -17,703 -17,851 -3,129 --
Change In Payables And Accrued Expense -- 52,591 80,234 78,669 --
Capital Expenditure -- -1.9M -175,000 -- --
Investing Cash Flow -- -1.9M -175,000 0.00 --
Cash Flow From Continuing Investing Activities -- -1.9M -175,000 0.00 --
Issuance Of Capital Stock -- 4.3M 1.1M 858,849 --
Net Common Stock Issuance -- 4.3M 1.1M 858,849 --
Financing Cash Flow -- 4.1M 1.1M 858,849 --
Cash Flow From Continuing Financing Activities -- 4.1M 1.1M 858,849 --
Changes In Cash -- 850,009 316,367 576,343 --
Beginning Cash Position -- 892,711 576,344 1.00 --
End Cash Position -- 1.7M 892,711 576,344 --
Free Cash Flow -- -1.6M -575,304 -282,506 --
Capital Expenditure Reported -- -1.9M -175,000 0.00 --
Change In Prepaid Assets -- 96,936 -134,684 0.00 --
Common Stock Issuance -- 4.3M 1.1M 858,849 --
Net Income From Continuing Operations -- -2.2M -593,480 -432,151 --
Net Other Financing Charges -- -300,489 -- -- --
Net Other Investing Changes -- -1.6M -175,000 -- --
Proceeds From Stock Option Exercised -- 29,190 0.00 -- --
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