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Grit Metals Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 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
Selling General And Administration 42,618 12,425 106,136 158,208 140,264
General And Administrative Expense 40,968 10,775 103,616 154,532 136,038
Other Operating Expenses 82,600 75,766 118,017 136,977 112,269
Operating Expense 125,218 88,191 224,153 295,185 252,533
Operating Income -125,218 -88,191 -224,153 -295,185 -252,533
EBIT -125,218 -88,191 -224,153 -295,185 -252,533
Interest Income 2,292 2,906 5,962 7,713 755.00
Interest Income Non Operating 2,292 2,906 5,962 7,713 755.00
Net Interest Income 2,292 2,906 5,962 7,713 755.00
Other Income Expense 9,550 331.00 66,515 -55,195 -28,691
Gain On Sale Of Security 9,550 331.00 66,515 -55,195 -28,691
Pretax Income -113,376 -84,954 -151,676 -342,667 -280,469
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -113,376 -84,954 -151,676 -342,667 -280,469
Net Income From Continuing Operation Net Minority Interest -113,376 -84,954 -151,676 -342,667 -280,469
Net Income Including Noncontrolling Interests -113,376 -84,954 -151,676 -342,667 -280,469
Net Income Common Stockholders -113,376 -84,954 -151,676 -342,667 -280,469
Net Income -113,376 -84,954 -151,676 -342,667 -280,469
EBITDA -125,218 -88,191 -224,153 -295,185 -252,533
Normalized EBITDA -134,768 -88,522 -290,668 -239,990 -223,842
Basic EPS 0.00 0.00 0.00 -0.01 -0.01
Diluted EPS -0.00 -0.00 0.00 -0.01 -0.01
Basic Average Shares 55.1M 55.1M 55.2M 53.3M 37.4M
Diluted Average Shares 55.1M 55.1M 55.2M 53.3M 37.4M
Total Unusual Items 9,550 331.00 66,515 -55,195 -28,691
Total Unusual Items Excluding Goodwill 9,550 331.00 66,515 -55,195 -28,691
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -122,926 -85,285 -218,191 -287,472 -251,778
Diluted NI Availto Com Stockholders -113,376 -84,954 -151,676 -342,667 -280,469
Net Income Continuous Operations -113,376 -84,954 -151,676 -342,667 -280,469
Net Non Operating Interest Income Expense 2,292 2,906 5,962 7,713 755.00
Other Gand A 40,968 10,775 62,504 86,115 48,835
Salaries And Wages 0.00 0.00 41,112 68,417 87,203
Selling And Marketing Expense 1,650 1,650 2,520 3,676 4,226
Total Expenses 125,218 88,191 224,153 295,185 252,533
Total Operating Income As Reported -125,218 88,191 224,153 295,185 252,533
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024
Cash And Cash Equivalents 804,127 951,304 1.3M 1.7M 840,528
Cash Cash Equivalents And Short Term Investments 804,127 951,304 1.3M 1.7M 840,528
Cash Financial 804,127 951,304 1.3M 1.7M 840,528
Accounts Receivable 24,254 28,251 -- -- --
Receivables 24,254 28,251 30,555 176,075 207,194
Prepaid Assets 147,205 76,312 15,978 21,094 26,420
Current Assets 975,586 1.1M 1.4M 1.9M 1.1M
Net PPE 3.7M 3.7M 4.6M 4.4M 3.8M
Total Non Current Assets 3.7M 3.7M 4.6M 4.4M 3.8M
Total Assets 4.7M 4.7M 6.0M 6.3M 4.9M
Accounts Payable 135,705 74,469 48,227 -- --
Payables 144,630 83,394 56,727 -- --
Payables And Accrued Expenses 144,630 83,394 56,727 264,484 474,621
Current Liabilities 144,630 83,394 56,727 264,484 474,621
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 144,630 83,394 56,727 264,484 474,621
Common Stock 8.8M 8.8M 8.8M 8.8M 6.9M
Capital Stock 8.8M 8.8M 8.8M 8.8M 6.9M
Retained Earnings -5.4M -5.3M -4.0M -3.9M -3.5M
Gains Losses Not Affecting Retained Earnings 1.2M 1.2M 1.2M 1.1M 1.1M
Common Stock Equity 4.5M 4.6M 5.9M 6.0M 4.4M
Stockholders Equity 4.5M 4.6M 5.9M 6.0M 4.4M
Total Equity Gross Minority Interest 4.5M 4.6M 5.9M 6.0M 4.4M
Total Capitalization 4.5M 4.6M 5.9M 6.0M 4.4M
Net Tangible Assets 4.5M 4.6M 5.9M 6.0M 4.4M
Tangible Book Value 4.5M 4.6M 5.9M 6.0M 4.4M
Working Capital 830,956 972,473 1.3M 1.6M 599,521
Invested Capital 4.5M 4.6M 5.9M 6.0M 4.4M
Share Issued 55.2M 55.2M 55.2M 55.2M 37.4M
Ordinary Shares Number 55.2M 55.2M 55.2M 55.2M 37.4M
Dueto Related Parties Current 8,925 8,925 8,500 -- --
Other Receivables -- -- 7,445 -- --
Taxes Receivable -- -- 23,110 176,075 207,194
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024
Operating Cash Flow -119,036 -121,343 -167,686 -447,941 -117,301
Cash Flow From Continuing Operating Activities -119,036 -121,343 -167,686 -447,941 -117,301
Stock Based Compensation 0.00 0.00 41,112 68,417 87,203
Change In Working Capital -5,660 -36,389 -57,122 -173,691 75,965
Change In Receivables 3,997 1,975 145,521 31,119 -168,511
Change In Payables And Accrued Expense 61,236 6,388 -207,758 -210,137 233,148
Capital Expenditure -28,141 -13,670 -241,018 -597,903 -840,428
Purchase Of PPE -- -- -241,018 -597,903 -840,428
Net PPE Purchase And Sale -- -- -241,018 -597,903 -840,428
Investing Cash Flow -28,141 -13,670 -241,018 -597,903 -840,428
Cash Flow From Continuing Investing Activities -28,141 -13,670 -241,018 -597,903 -840,428
Issuance Of Capital Stock -- -- 92,217 2.1M 0.00
Net Common Stock Issuance -- -- 92,217 2.1M 0.00
Financing Cash Flow 0.00 0.00 22,381 1.9M 55,537
Cash Flow From Continuing Financing Activities 0.00 0.00 22,381 1.9M 55,537
Changes In Cash -147,177 -135,013 -386,323 857,278 -902,192
Beginning Cash Position 951,304 1.1M 1.7M 840,528 1.7M
End Cash Position 804,127 951,304 1.3M 1.7M 840,528
Free Cash Flow -147,177 -135,013 -408,704 -1.0M -957,729
Capital Expenditure Reported -- -13,670 -- -- -840,428
Change In Prepaid Assets -70,893 -44,752 5,115 5,327 11,328
Common Stock Issuance -- -- 92,217 2.1M 0.00
Net Income From Continuing Operations -113,376 -84,954 -151,676 -342,667 -280,469
Net Other Financing Charges -- -- -69,836 -- --
Proceeds From Stock Option Exercised 0.00 0.00 0.00 49.00 55,537
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