NG Energy International Corp.
Financial Statements (IFRS) · Amounts in CAD
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 | 38.2M | 12.0M | 1.8M | 0.00 |
| Operating Revenue | 38.2M | 12.0M | 1.8M | 0.00 |
| Cost Of Revenue | 15.9M | 7.5M | 1.3M | 6,768 |
| Gross Profit | 22.3M | 4.5M | 430,467 | -6,768 |
| Selling General And Administration | 15.0M | 7.3M | 5.8M | 5.1M |
| General And Administrative Expense | 15.0M | 7.3M | 5.8M | 5.1M |
| Research And Development | 0.00 | 373,463 | 0.00 | 0.00 |
| Other Operating Expenses | 8.5M | 4.1M | 809,649 | 202,302 |
| Operating Expense | 23.5M | 11.9M | 6.6M | 5.3M |
| Operating Income | -1.1M | -7.3M | -6.2M | -5.3M |
| EBIT | -40.8M | -6.0M | -8.0M | -6.1M |
| Interest Expense | 13.3M | 10.6M | 2.5M | 609,836 |
| Interest Expense Non Operating | 13.3M | 10.6M | 2.5M | 609,836 |
| Interest Income | 523,733 | 773,399 | 273,892 | 82,377 |
| Interest Income Non Operating | 523,733 | 773,399 | 273,892 | 82,377 |
| Net Interest Income | -16.8M | -10.0M | -2.3M | -620,940 |
| Other Income Expense | -36.1M | 784,183 | -2.1M | -801,776 |
| Other Non Operating Income Expenses | -2.3M | -- | -- | -- |
| Special Income Charges | -32.4M | 0.00 | -- | 0.00 |
| Restructuring And Mergern Acquisition | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | -1.4M | 784,183 | -2.1M | -801,776 |
| Pretax Income | -54.1M | -16.5M | -10.6M | -6.7M |
| Tax Provision | -364,506 | 147,431 | -599,349 | 0.00 |
| Tax Effect Of Unusual Items | -227,793 | 313,673 | -119,419 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -53.7M | -16.7M | -10.0M | -6.7M |
| Net Income From Continuing Operation Net Minority Interest | -53.7M | -16.7M | -10.0M | -6.7M |
| Net Income Including Noncontrolling Interests | -53.7M | -16.7M | -10.0M | -6.7M |
| Net Income Common Stockholders | -53.7M | -16.7M | -10.0M | -6.7M |
| Net Income | -53.7M | -16.7M | -10.0M | -6.7M |
| EBITDA | -31.3M | -423,415 | -7.0M | -6.1M |
| Normalized EBITDA | 2.5M | -1.2M | -4.9M | -5.3M |
| Reconciled Depreciation | 9.5M | 5.5M | 1.0M | 6,768 |
| Basic EPS | -0.25 | -0.13 | -0.08 | -0.06 |
| Diluted EPS | -0.25 | -0.13 | -0.08 | -0.06 |
| Basic Average Shares | 213.7M | 129.6M | 124.0M | 106.9M |
| Diluted Average Shares | 213.7M | 129.6M | 124.0M | 106.9M |
| Total Unusual Items | -33.8M | 784,183 | -2.1M | -801,776 |
| Total Unusual Items Excluding Goodwill | -33.8M | 784,183 | -2.1M | -801,776 |
| Tax Rate For Calcs | 0.01 | 0.40 | 0.06 | 0.00 |
| Normalized Income | -20.1M | -17.1M | -8.0M | -5.9M |
| Diluted NI Availto Com Stockholders | -53.7M | -16.7M | -10.0M | -6.7M |
| Impairment Of Capital Assets | 9.5M | 0.00 | -- | 0.00 |
| Net Income Continuous Operations | -53.7M | -16.7M | -10.0M | -6.7M |
| Net Income Discontinuous Operations | -- | -- | -- | 0.00 |
| Net Non Operating Interest Income Expense | -16.8M | -10.0M | -2.3M | -620,940 |
| Other Gand A | 2.6M | 2.4M | 1.5M | 1.6M |
| Other Special Charges | 22.9M | -- | -- | -- |
| Reconciled Cost Of Revenue | 15.9M | 7.5M | 1.3M | 6,768 |
| Rent And Landing Fees | 2.2M | 897,704 | 1.5M | 1.7M |
| Rent Expense Supplemental | 2.2M | 897,704 | 1.5M | 1.7M |
| Salaries And Wages | 10.2M | 4.1M | 2.8M | 1.8M |
| Total Expenses | 39.3M | 19.4M | 7.9M | 5.3M |
| Total Other Finance Cost | 4.1M | 192,308 | 20,205 | 93,481 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 8.2M | 1.3M | 7.0M | 5.8M |
| Cash Cash Equivalents And Short Term Investments | 8.2M | 1.3M | 7.0M | 5.8M |
| Accounts Receivable | 3.5M | 2.7M | 197,328 | 0.00 |
| Receivables | 6.8M | 3.5M | 426,670 | 39,322 |
| Inventory | 165,249 | 343,663 | 0.00 | 0.00 |
| Prepaid Assets | 862,875 | 845,064 | 494,277 | 643,477 |
| Current Assets | 37.1M | 7.6M | 10.7M | 6.5M |
| Gross PPE | 80.0M | 94.7M | 69.4M | 12.2M |
| Accumulated Depreciation | -14.5M | -6.8M | -1.2M | -227,068 |
| Net PPE | 65.5M | 87.9M | 68.2M | 12.0M |
| Other Non Current Assets | 8.2M | 8.0M | 2.0M | 2.3M |
| Total Non Current Assets | 76.4M | 99.2M | 72.5M | 16.6M |
| Total Assets | 113.5M | 106.9M | 83.1M | 23.1M |
| Current Debt | -- | 1.0M | -- | 3.0M |
| Current Debt And Capital Lease Obligation | 15.7M | 8.3M | 2.8M | 3.0M |
| Accounts Payable | 9.1M | 4.0M | 2.8M | 2.1M |
| Payables | 12.8M | 5.4M | 3.2M | 2.1M |
| Payables And Accrued Expenses | 14.9M | 12.1M | 9.7M | 2.6M |
| Current Accrued Expenses | 2.1M | 6.7M | 6.5M | 556,842 |
| Other Current Liabilities | 680,489 | -- | -- | -- |
| Current Liabilities | 31.3M | 20.4M | 12.5M | 5.6M |
| Long Term Debt | 23.2M | 57.3M | 31.2M | -- |
| Long Term Debt And Capital Lease Obligation | 34.3M | 73.9M | 52.7M | -- |
| Long Term Capital Lease Obligation | 11.1M | 16.5M | 21.5M | 0.00 |
| Total Non Current Liabilities Net Minority Interest | 37.3M | 76.3M | 55.2M | 806,830 |
| Total Liabilities Net Minority Interest | 68.6M | 96.8M | 67.6M | 6.4M |
| Common Stock | 185.7M | 114.6M | 104.9M | 103.6M |
| Capital Stock | 185.7M | 114.6M | 104.9M | 103.6M |
| Additional Paid In Capital | 34.0M | 25.8M | 22.4M | 10.3M |
| Retained Earnings | -191.4M | -137.7M | -121.0M | -111.0M |
| Gains Losses Not Affecting Retained Earnings | -160,085 | -1.6M | -465,415 | -840,382 |
| Other Equity Adjustments | -160,085 | -1.6M | -465,415 | -840,382 |
| Common Stock Equity | 44.8M | 10.1M | 15.5M | 16.7M |
| Stockholders Equity | 44.8M | 10.1M | 15.5M | 16.7M |
| Total Equity Gross Minority Interest | 44.8M | 10.1M | 15.5M | 16.7M |
| Total Capitalization | 68.1M | 67.4M | 46.7M | 16.7M |
| Net Tangible Assets | 44.8M | 10.1M | 15.5M | 16.7M |
| Tangible Book Value | 44.8M | 10.1M | 15.5M | 16.7M |
| Working Capital | 5.8M | -12.8M | -1.8M | 925,750 |
| Invested Capital | 68.1M | 68.4M | 46.7M | 19.7M |
| Total Debt | 50.0M | 82.2M | 55.4M | 3.0M |
| Net Debt | 15.1M | 57.1M | 24.2M | -- |
| Share Issued | 255.0M | 137.5M | 125.1M | 119.9M |
| Ordinary Shares Number | 255.0M | 137.5M | 125.1M | 119.9M |
| Assets Held For Sale Current | 21.0M | 0.00 | -- | -- |
| Capital Lease Obligations | 17.4M | 23.8M | 24.3M | 0.00 |
| Current Capital Lease Obligation | 6.3M | 7.3M | 2.8M | 0.00 |
| Current Notes Payable | 0.00 | 1.0M | 0.00 | -- |
| Duefrom Related Parties Current | 648,464 | 0.00 | -- | -- |
| Dueto Related Parties Current | 308,105 | 0.00 | -- | -- |
| Finished Goods | -- | -- | -- | 0.00 |
| Interest Payable | -- | -- | -- | 0.00 |
| Long Term Provisions | 3.0M | 2.5M | 2.5M | 806,830 |
| Non Current Accounts Receivable | 2.7M | 3.1M | 2.4M | 2.3M |
| Non Current Deferred Assets | 0.00 | 205,966 | -- | -- |
| Other Current Borrowings | -- | -- | -- | 3.0M |
| Other Equity Interest | 16.7M | 8.9M | 9.7M | 14.7M |
| Other Payable | 3.5M | 1.4M | 365,942 | -- |
| Other Properties | 80.0M | 58.7M | 42.7M | 235,197 |
| Other Receivables | 2.7M | 887,952 | 229,342 | 39,322 |
| Restricted Cash | 0.00 | 1.6M | 2.8M | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 18.5M | -3.5M | -3.6M | -5.2M |
| Cash Flow From Continuing Operating Activities | 18.5M | -3.5M | -3.6M | -5.2M |
| Depreciation Amortization Depletion | 9.5M | 5.5M | 1.0M | 6,768 |
| Stock Based Compensation | 7.0M | 1.8M | 1.9M | 1.3M |
| Deferred Tax | 0.00 | -217,075 | -599,349 | 0.00 |
| Deferred Income Tax | 0.00 | -217,075 | -599,349 | 0.00 |
| Change In Working Capital | 4.3M | -2.2M | 1.2M | -947,032 |
| Other Non Cash Items | 18.4M | 10.1M | 2.3M | 627,396 |
| Capital Expenditure | -18.8M | -18.9M | -33.8M | -5.5M |
| Purchase Of PPE | -18.8M | -18.9M | -33.8M | -5.5M |
| Net PPE Purchase And Sale | -18.8M | -18.9M | -33.8M | -5.5M |
| Investing Cash Flow | -23.6M | -23.8M | -28.3M | -5.9M |
| Cash Flow From Continuing Investing Activities | -23.6M | -23.8M | -28.3M | -5.9M |
| Issuance Of Debt | 40.0M | 26.6M | 39.3M | 800,000 |
| Repayment Of Debt | -36.9M | -6.7M | -1.5M | 0.00 |
| Net Issuance Payments Of Debt | 2.1M | 20.8M | 37.8M | 800,000 |
| Issuance Of Capital Stock | 22.3M | 0.00 | 0.00 | 13.4M |
| Repurchase Of Capital Stock | -- | 0.00 | -106,279 | 0.00 |
| Net Common Stock Issuance | 22.3M | 0.00 | -106,279 | 13.4M |
| Common Stock Payments | -- | 0.00 | -106,279 | 0.00 |
| Financing Cash Flow | 12.6M | 21.4M | 33.6M | 15.9M |
| Cash Flow From Continuing Financing Activities | 12.6M | 21.4M | 33.6M | 15.9M |
| Effect Of Exchange Rate Changes | -550,582 | 284,851 | -549,314 | -116,741 |
| Changes In Cash | 7.4M | -6.0M | 1.7M | 4.8M |
| Beginning Cash Position | 1.3M | 7.0M | 5.8M | 1.2M |
| End Cash Position | 8.2M | 1.3M | 7.0M | 5.8M |
| Free Cash Flow | -287,330 | -22.5M | -37.4M | -10.7M |
| Asset Impairment Charge | 9.5M | 0.00 | -- | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | -- |
| Cash From Discontinued Financing Activities | -- | -- | -- | 0.00 |
| Cash From Discontinued Investing Activities | -- | -- | -- | 0.00 |
| Cash From Discontinued Operating Activities | -- | -- | -- | 0.00 |
| Common Stock Issuance | 22.3M | 0.00 | 0.00 | 13.4M |
| Gain Loss On Investment Securities | -- | -- | -280,863 | -- |
| Interest Paid Cff | -8.6M | -5.0M | -779,241 | -- |
| Long Term Debt Issuance | 40.0M | 26.6M | 39.3M | 800,000 |
| Long Term Debt Payments | -36.9M | -6.7M | -1.5M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 535,291 | -1.9M | 866,465 | 491,821 |
| Net Income From Continuing Operations | -53.7M | -16.7M | -10.0M | -6.7M |
| Net Long Term Debt Issuance | 3.1M | 19.8M | 37.8M | 800,000 |
| Net Other Financing Charges | -3.7M | 1.4M | -4.4M | 30,549 |
| Net Other Investing Changes | -4.8M | -4.9M | 5.5M | -438,855 |
| Net Short Term Debt Issuance | -1.0M | 1.0M | 0.00 | -- |
| Operating Gains Losses | 23.5M | -1.9M | 585,602 | 491,821 |
| Proceeds From Stock Option Exercised | 566,640 | 4.2M | 1.0M | 1.7M |
| Short Term Debt Issuance | -- | 1.0M | 0.00 | -- |