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Galantas Gold Corporation

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00
Cost Of Revenue 547,480 697,298 908,882 803,892
Gross Profit -547,480 -697,298 -908,882 -803,892
Selling General And Administration 1.9M 2.1M 3.4M 3.3M
General And Administrative Expense 1.9M 2.1M 3.4M 3.3M
Other Operating Expenses 172,801 301,475 526,162 200,507
Operating Expense 2.0M 2.4M 3.9M 3.5M
Operating Income -2.6M -3.1M -4.8M -4.3M
EBIT 1.1M -6.8M -15.1M -4.5M
Interest Expense 2.6M 1.8M 1.5M 793,068
Interest Expense Non Operating 2.6M 1.8M 1.5M 793,068
Net Interest Income -2.6M -1.8M -1.5M -793,068
Other Income Expense 3.7M -3.6M -10.3M -147,674
Special Income Charges 2.4M -3.6M -10.1M 7,124
Write Off 888,889 0.00 -- --
Gain On Sale Of Security 1.3M 8,235 -195,938 -154,798
Pretax Income -1.5M -8.6M -16.6M -5.3M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -1.5M -8.6M -16.6M -5.3M
Net Income From Continuing Operation Net Minority Interest -1.5M -8.6M -16.6M -5.3M
Net Income Including Noncontrolling Interests -1.5M -8.6M -16.6M -5.3M
Net Income Common Stockholders -1.5M -8.6M -16.6M -5.3M
Net Income -1.5M -8.6M -16.6M -5.3M
EBITDA 1.5M -6.2M -14.5M -3.9M
Normalized EBITDA -2.1M -2.6M -4.2M -3.8M
Reconciled Depreciation 434,912 515,003 624,620 547,991
Basic EPS -0.01 -0.08 -0.19 -0.08
Diluted EPS -0.01 -0.08 -0.19 -0.08
Basic Average Shares 114.7M 111.9M 89.4M 64.1M
Diluted Average Shares 114.7M 111.9M 89.4M 64.1M
Total Unusual Items 3.7M -3.6M -10.3M -147,674
Total Unusual Items Excluding Goodwill 3.7M -3.6M -10.3M -147,674
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -5.2M -4.9M -6.3M -5.1M
Diluted NI Availto Com Stockholders -1.5M -8.6M -16.6M -5.3M
Gain On Sale Of Ppe -- 0.00 -2,910 7,124
Impairment Of Capital Assets -3.3M 3.6M 10.1M 0.00
Net Income Continuous Operations -1.5M -8.6M -16.6M -5.3M
Net Non Operating Interest Income Expense -2.6M -1.8M -1.5M -793,068
Other Gand A 698,677 1.1M 1.1M 749,401
Reconciled Cost Of Revenue 547,480 697,298 908,882 803,892
Salaries And Wages 1.2M 1.0M 2.3M 2.6M
Total Expenses 2.6M 3.1M 4.8M 4.3M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 525,643 2.6M 1.0M 1.1M
Cash Cash Equivalents And Short Term Investments 525,643 2.6M 1.0M 1.1M
Accounts Receivable 69,806 83,266 116,374 594,071
Receivables 144,445 108,292 420,653 998,728
Inventory 213,644 18,184 83,242 108,788
Prepaid Assets 219,917 1.5M 1.4M 281,207
Current Assets 1.1M 4.2M 2.9M 2.5M
Gross PPE 44.9M 37.2M 35.5M 35.6M
Accumulated Depreciation -10.4M -9.3M -8.6M -8.3M
Net PPE 34.4M 27.9M 26.9M 27.3M
Total Non Current Assets 35.0M 28.4M 27.4M 27.8M
Total Assets 36.1M 32.6M 30.3M 30.2M
Current Debt -- 6.1M 4.8M --
Current Debt And Capital Lease Obligation -- 6.1M 4.8M 416,040
Accounts Payable 2.0M 2.1M 2.5M 1.5M
Payables 15.9M 8.0M 7.6M 1.6M
Payables And Accrued Expenses 17.3M 9.5M 9.1M 3.1M
Current Accrued Expenses 1.4M 1.5M 1.5M 1.6M
Other Current Liabilities -- 1.2M -- --
Current Liabilities 17.3M 16.8M 14.0M 3.6M
Long Term Debt 6.6M 1.9M -- 4.2M
Long Term Debt And Capital Lease Obligation 6.6M 1.9M -- 4.2M
Other Non Current Liabilities -- -- 1.1M --
Total Non Current Liabilities Net Minority Interest 7.3M 4.4M 1.7M 7.3M
Total Liabilities Net Minority Interest 24.7M 21.2M 15.6M 10.8M
Common Stock 71.8M 71.8M 69.7M 57.8M
Capital Stock 71.8M 71.8M 69.7M 57.8M
Retained Earnings -80.5M -79.0M -70.5M -53.8M
Gains Losses Not Affecting Retained Earnings 20.1M 18.6M 15.5M 15.4M
Common Stock Equity 11.4M 11.4M 14.7M 19.4M
Stockholders Equity 11.4M 11.4M 14.7M 19.4M
Total Equity Gross Minority Interest 11.4M 11.4M 14.7M 19.4M
Total Capitalization 18.0M 13.3M 14.7M 23.6M
Net Tangible Assets 11.4M 11.4M 14.7M 19.4M
Tangible Book Value 11.4M 11.4M 14.7M 19.4M
Working Capital -16.2M -12.6M -11.0M -1.1M
Invested Capital 18.0M 19.4M 19.6M 23.6M
Total Debt 6.6M 8.0M 4.8M 4.7M
Net Debt 6.0M 5.4M 3.8M 3.2M
Share Issued 114.8M 114.8M 103.5M 74.7M
Ordinary Shares Number 114.8M 114.8M 103.5M 74.7M
Capital Lease Obligations -- -- 0.00 416,040
Construction In Progress 26.8M 20.7M 21.4M 23.1M
Current Capital Lease Obligation -- -- 0.00 416,040
Derivative Product Liabilities 123,542 1.2M 0.00 --
Dueto Related Parties Current 13.9M 5.8M 5.1M 124,317
Dueto Related Parties Non Current 0.00 638,432 0.00 2.4M
Finished Goods 213,644 18,184 83,242 108,788
Line Of Credit 0.00 6.1M 4.8M --
Long Term Provisions 666,128 611,452 582,441 600,525
Machinery Furniture Equipment 10.1M 9.4M 9.2M 8.5M
Non Current Prepaid Assets 540,870 505,110 489,660 513,960
Other Properties 2.5M 2.3M 2.3M 2.4M
Other Receivables -- -- -- 160,412
Taxes Receivable 74,639 25,026 304,279 244,245
Tradeand Other Payables Non Current 0.00 0.00 0.00 0.00
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -1.9M -1.3M 180,007 -1.7M
Cash Flow From Continuing Operating Activities -1.9M -1.3M 180,007 -1.7M
Depreciation And Amortization 434,912 515,003 624,620 547,991
Depreciation Amortization Depletion 434,912 515,003 624,620 547,991
Stock Based Compensation 431,990 353,712 1.5M 2.0M
Change In Working Capital -252,113 485,001 2.4M 225,457
Changes In Account Receivables 356,117 214,113 438,113 -701,573
Change In Receivables 356,117 214,113 438,113 -701,573
Change In Inventory -195,460 65,058 21,415 -29,200
Change In Payables And Accrued Expense -412,770 205,830 889,344 956,230
Change In Payable -412,770 205,830 889,344 956,230
Change In Other Current Liabilities -- 0.00 1.1M 0.00
Other Non Cash Items 2.5M 2.3M 1.9M 667,632
Capital Expenditure -1.3M -3.8M -11.6M -5.3M
Purchase Of PPE -1.3M -3.8M -11.6M -5.3M
Net PPE Purchase And Sale -1.3M -3.8M -11.6M -5.3M
Investing Cash Flow -1.3M -3.8M -12.3M -5.5M
Cash Flow From Continuing Investing Activities -1.3M -3.8M -12.3M -5.5M
Issuance Of Debt 0.00 3.5M 0.00 0.00
Repayment Of Debt -- -- 0.00 -23,802
Net Issuance Payments Of Debt 0.00 3.5M 0.00 -23,802
Issuance Of Capital Stock 0.00 3.0M 5.9M 8.0M
Net Common Stock Issuance 0.00 3.0M 5.9M 8.0M
Financing Cash Flow 1.1M 6.6M 12.1M 7.7M
Cash Flow From Continuing Financing Activities 1.1M 6.6M 12.1M 7.7M
Effect Of Exchange Rate Changes 30,575 79,286 -47,401 -2,023
Changes In Cash -2.1M 1.5M 16,293 459,680
Beginning Cash Position 2.6M 1.0M 1.1M 612,094
End Cash Position 525,643 2.6M 1.0M 1.1M
Free Cash Flow -3.2M -5.1M -11.4M -7.0M
Asset Impairment Charge -2.4M 3.6M 10.1M 0.00
Change In Account Payable -412,770 205,830 1.2M 918,974
Common Stock Issuance 0.00 3.0M 5.9M 8.0M
Depreciation 434,912 515,003 624,620 547,991
Gain Loss On Investment Securities -1.9M -241,886 -- --
Gain Loss On Sale Of PPE -- 0.00 2,910 -7,124
Long Term Debt Issuance 0.00 3.5M 0.00 0.00
Long Term Debt Payments -- -- 0.00 -23,802
Net Foreign Currency Exchange Gain Loss 744,385 240,861 292,699 91,973
Net Income From Continuing Operations -1.5M -8.6M -16.6M -5.3M
Net Long Term Debt Issuance 0.00 3.5M 0.00 -23,802
Net Other Financing Charges 1.1M 124,523 930,578 -775,137
Net Other Investing Changes -- -- -701,782 -260,743
Operating Gains Losses -1.1M -1,025 295,609 84,849
Proceeds From Stock Option Exercised 0.00 31,200 5.3M 495,333
Sale Of PPE -- -- 0.00 8,562
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