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Freeman Gold Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024 Q2 2024May 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 666,508 296,003 517,712 228,421 238,120
General And Administrative Expense 662,908 286,805 508,012 215,255 222,190
Other Operating Expenses 13,022 17,262 20,171 20,657 13,220
Operating Expense 679,530 313,265 537,883 249,078 251,340
Operating Income -679,530 -313,265 -537,883 -249,078 -251,340
EBIT -679,530 -232,145 48,890 59,749 -251,340
Interest Expense -- 0.00 0.00 0.00 0.00
Interest Expense Non Operating -- 0.00 0.00 0.00 0.00
Interest Income 24,646 35,824 29,337 23,057 21,506
Interest Income Non Operating 24,646 35,824 29,337 23,057 21,506
Net Interest Income 24,213 35,250 28,545 22,567 21,070
Other Income Expense -463,147 45,870 558,228 286,260 -258,159
Special Income Charges -- -- 0.00 35,000 --
Gain On Sale Of Security -463,147 45,870 558,228 251,260 -258,159
Pretax Income -1.1M -232,145 48,890 59,749 -488,429
Tax Effect Of Unusual Items 0.00 0.00 83,734 42,939 0.00
Net Income From Continuing And Discontinued Operation -1.1M -232,145 48,890 59,749 -488,429
Net Income From Continuing Operation Net Minority Interest -1.1M -232,145 48,890 59,749 -488,429
Net Income Including Noncontrolling Interests -1.1M -232,145 48,890 59,749 -488,429
Net Income Common Stockholders -1.1M -232,145 48,890 59,749 -488,429
Net Income -1.1M -232,145 48,890 59,749 -488,429
EBITDA -679,530 -232,145 48,890 59,749 -251,340
Normalized EBITDA -216,383 -278,015 -509,338 -226,511 6,819
Basic EPS -0.01 0.00 -- 0.00 0.00
Diluted EPS -0.01 0.00 -- 0.00 0.00
Basic Average Shares 191.9M 191.8M -- 131.8M 131.8M
Diluted Average Shares 191.9M 191.8M -- 131.8M 131.8M
Total Unusual Items -463,147 45,870 558,228 286,260 -258,159
Total Unusual Items Excluding Goodwill -463,147 45,870 558,228 286,260 -258,159
Tax Rate For Calcs 0.00 0.00 0.15 0.15 0.00
Normalized Income -655,317 -278,015 -425,604 -183,572 -230,270
Diluted NI Availto Com Stockholders -1.1M -232,145 48,890 59,749 -488,429
Gain On Sale Of Ppe -- -- 0.00 35,000 --
Net Income Continuous Operations -1.1M -232,145 48,890 59,749 -488,429
Net Non Operating Interest Income Expense 24,213 35,250 28,545 22,567 21,070
Other Gand A 278,421 231,791 428,012 215,255 222,190
Salaries And Wages 384,487 55,014 80,000 0.00 0.00
Selling And Marketing Expense 3,600 9,198 9,700 13,166 15,930
Total Expenses 679,530 313,265 537,883 249,078 251,340
Total Other Finance Cost 433.00 574.00 792.00 490.00 436.00
Line Item Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024 Q2 2024May 31, 2024
Cash And Cash Equivalents 2.7M 4.1M 4.4M 1.7M 1.9M
Cash Cash Equivalents And Short Term Investments 2.7M 4.1M 4.4M 1.7M 1.9M
Cash Equivalents 2.2M 2.6M 4.2M 1.5M 1.8M
Cash Financial 482,322 1.5M 204,669 174,316 127,254
Accounts Receivable 48,334 20,011 41,504 12,027 57,884
Receivables 48,334 20,011 41,504 12,027 57,884
Prepaid Assets 278,488 50,202 37,113 46,589 47,289
Current Assets 3.0M 4.2M 4.5M 1.8M 2.0M
Gross PPE -- -- -- 26.6M 26.2M
Accumulated Depreciation -- -- -- -220,673 -272,736
Net PPE 28.1M 26.6M 26.4M 26.3M 25.9M
Other Non Current Assets -- -- -- -- 116,460
Total Non Current Assets 28.1M 26.6M 26.4M 26.3M 26.1M
Total Assets 31.1M 30.8M 30.9M 28.1M 28.1M
Accounts Payable 539,867 87,776 6,437 75,617 34,865
Payables 539,867 87,776 6,437 75,617 34,865
Payables And Accrued Expenses 877,367 425,276 343,937 653,617 396,115
Current Accrued Expenses 337,500 337,500 337,500 578,000 361,250
Other Current Liabilities 526,403 138,105 134,011 645,234 913,104
Current Liabilities 1.4M 563,381 477,948 1.3M 1.3M
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 1.4M 563,381 477,948 1.3M 1.3M
Common Stock 40.2M 40.1M 40.1M 36.3M 36.3M
Capital Stock 40.2M 40.1M 40.1M 36.3M 36.3M
Retained Earnings -13.2M -12.3M -12.0M -12.1M -12.1M
Gains Losses Not Affecting Retained Earnings 2.7M 2.5M 2.4M 2.6M 2.6M
Common Stock Equity 29.7M 30.3M 30.4M 26.8M 26.8M
Stockholders Equity 29.7M 30.3M 30.4M 26.8M 26.8M
Total Equity Gross Minority Interest 29.7M 30.3M 30.4M 26.8M 26.8M
Total Capitalization 29.7M 30.3M 30.4M 26.8M 26.8M
Net Tangible Assets 29.7M 30.3M 30.4M 26.8M 26.8M
Tangible Book Value 29.7M 30.3M 30.4M 26.8M 26.8M
Working Capital 1.6M 3.6M 4.0M 481,044 701,232
Invested Capital 29.7M 30.3M 30.4M 26.8M 26.8M
Total Debt -- -- 0.00 0.00 0.00
Share Issued 193.4M 191.8M 191.8M 131.8M 131.8M
Ordinary Shares Number 193.4M 191.8M 191.8M 131.8M 131.8M
Capital Lease Obligations -- -- 0.00 0.00 0.00
Current Capital Lease Obligation -- -- 0.00 0.00 0.00
Machinery Furniture Equipment -- -- -- 152,431 206,237
Non Current Prepaid Assets -- -- -- -- 2,099
Other Properties -- -- -- 26.4M 26.0M
Line Item Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024 Q2 2024May 31, 2024
Operating Cash Flow -570,252 -169,409 -830,257 69,453 -10,126
Cash Flow From Continuing Operating Activities -570,252 -169,409 -830,257 69,453 -10,126
Stock Based Compensation 384,487 55,014 0.00 0.00 0.00
Change In Working Capital -291,708 53,130 -295,932 277,104 217,257
Change In Receivables -28,323 21,493 -29,477 45,857 -12,549
Change In Payables And Accrued Expense -35,099 44,726 -275,931 230,547 196,766
Other Non Cash Items -- -- 653,939 -- --
Capital Expenditure -- -- -671,149 -- --
Purchase Of PPE -- -- -5,000 0.00 --
Net PPE Purchase And Sale -- -- 30,000 0.00 --
Investing Cash Flow -965,183 -151,351 -94,907 -253,452 -126,186
Cash Flow From Continuing Investing Activities -965,183 -151,351 -94,907 -253,452 -126,186
Repayment Of Debt 0.00 0.00 0.00 0.00 -13,144
Net Issuance Payments Of Debt 0.00 0.00 0.00 0.00 -13,144
Financing Cash Flow 128,000 0.00 3.6M 0.00 -13,144
Cash Flow From Continuing Financing Activities 128,000 0.00 3.6M 0.00 -13,144
Effect Of Exchange Rate Changes -67,135 49,502 45,968 0.00 1,267
Changes In Cash -1.4M -320,760 2.6M -183,999 -149,456
Beginning Cash Position 4.1M 4.4M 1.7M 1.9M 2.1M
End Cash Position 2.7M 4.1M 4.4M 1.7M 1.9M
Free Cash Flow -570,252 -169,409 -1.5M 69,453 -30,870
Change In Prepaid Assets -228,286 -13,089 9,476 700.00 33,040
Gain Loss On Investment Securities 388,298 4,094 -- -- 264,091
Long Term Debt Payments 0.00 0.00 0.00 0.00 -13,144
Net Foreign Currency Exchange Gain Loss 67,135 -49,502 -36,992 1,296 -2,666
Net Income From Continuing Operations -1.1M -232,145 48,890 59,749 -488,429
Net Long Term Debt Issuance 0.00 0.00 0.00 0.00 -13,144
Net Other Investing Changes -965,183 -151,351 541,242 -253,452 -105,442
Operating Gains Losses 455,433 -45,408 -- -- 261,425
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