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Galiano Gold Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue -- 231.3M 0.00 0.00 0.00
Operating Revenue -- 231.3M 0.00 0.00 0.00
Cost Of Revenue -- 153.5M 143,000 -- --
Gross Profit -- 77.9M -143,000 -- --
Selling General And Administration -- 18.6M 15.1M 11.1M 13.5M
General And Administrative Expense -- 17.6M 14.2M 11.1M 13.5M
Other Operating Expenses -- 8.4M 2.0M 1.4M 642,000
Operating Expense -- 28.3M 17.2M 12.5M 14.1M
Operating Income -- 49.6M -17.3M -12.5M -14.1M
EBIT -- 13.6M 26.1M 40.8M -68.9M
Interest Expense -- 5.1M 17,000 25,000 32,000
Interest Expense Non Operating -- 5.1M 17,000 25,000 32,000
Interest Income -- 4.2M 2.9M 1.0M 257,000
Interest Income Non Operating -- 4.2M 2.9M 1.0M 257,000
Net Interest Income -- -1.4M 2.9M 1.0M 205,000
Other Income Expense -- -39.7M 40.5M 52.3M -55.0M
Special Income Charges -- -21.5M -378,000 6.0M -7.6M
Restructuring And Mergern Acquisition -- 9.9M 378,000 0.00 --
Write Off -- -- 0.00 -7.6M 7.6M
Gain On Sale Of Security -- -21.6M 3.5M -5.6M -881,000
Earnings From Equity Interest -- 3.4M 37.4M 51.9M -46.5M
Pretax Income -- 8.5M 26.1M 40.8M -68.9M
Tax Effect Of Unusual Items -- -6.5M 1.2M 100,646 0.00
Net Income From Continuing And Discontinued Operation -- 6.1M 26.1M 40.8M -68.9M
Net Income From Continuing Operation Net Minority Interest -- 6.1M 26.1M 40.8M -68.9M
Net Income Including Noncontrolling Interests -- 8.5M 26.1M 40.8M -68.9M
Minority Interests -- -2.4M 0.00 -- --
Net Income Common Stockholders -- 6.1M 26.1M 40.8M -68.9M
Net Income -- 6.1M 26.1M 40.8M -68.9M
EBITDA -- 37.4M 26.2M 41.0M -68.7M
Normalized EBITDA -- 80.5M 23.2M 40.6M -60.2M
Reconciled Depreciation -- 23.7M 143,000 146,000 148,000
Basic EPS -0.11 0.02 0.12 0.18 --
Diluted EPS -0.11 0.02 0.12 0.18 --
Basic Average Shares 258.4M 250.7M 224.9M 224.9M --
Diluted Average Shares 258.4M 255.8M 225.2M 224.9M --
Total Unusual Items -- -43.1M 3.1M 384,000 -8.5M
Total Unusual Items Excluding Goodwill -- -43.1M 3.1M 384,000 -8.5M
Tax Rate For Calcs -- 0.15 0.40 0.26 0.00
Normalized Income -- 42.8M 24.2M 40.5M -60.4M
Diluted NI Availto Com Stockholders -- 6.1M 26.1M 40.8M -68.9M
Gain On Sale Of Business -- 1.4M 0.00 -- --
Impairment Of Capital Assets -- -- 0.00 1.6M 0.00
Net Income Continuous Operations -- 8.5M 26.1M 40.8M -68.9M
Net Non Operating Interest Income Expense -- -1.4M 2.9M 1.0M 205,000
Other Gand A -- 1.3M 458,000 1.6M 1.5M
Other Special Charges -- 13.1M -- -- --
Other Taxes -- 1.3M 0.00 -- --
Reconciled Cost Of Revenue -- 153.5M 143,000 -- --
Rent And Landing Fees -- 1.4M 1.3M 1.3M 1.2M
Rent Expense Supplemental -- 1.4M 1.3M 1.3M 1.2M
Salaries And Wages -- 14.9M 12.4M 8.2M 10.8M
Selling And Marketing Expense -- 944,000 929,000 -- --
Total Expenses -- 181.7M 17.3M 12.5M 14.1M
Total Operating Income As Reported -- -- 20.1M 39.4M -60.6M
Total Other Finance Cost -- 485,000 6,000 5,000 20,000
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents -- 105.8M 55.3M 56.1M 53.5M
Cash Cash Equivalents And Short Term Investments -- 105.8M 55.3M 56.1M 53.5M
Cash Equivalents -- 82.3M 39.4M 37.5M 0.00
Cash Financial -- 23.5M 15.8M 18.6M 53.5M
Accounts Receivable -- 104,000 1.1M 54,000 55,000
Receivables -- 8.4M 1.1M 1.7M 7.4M
Inventory -- 42.8M 0.00 -- --
Prepaid Assets -- 8.5M 764,000 756,000 766,000
Other Current Assets -- 8.5M 764,000 756,000 766,000
Current Assets -- 165.6M 57.1M 58.6M 61.7M
Gross PPE -- 356.9M 1.1M 332,000 2.1M
Accumulated Depreciation -- -27.5M -894,000 -- --
Net PPE -- 329.4M 225,000 332,000 2.1M
Investments And Advances -- 0.00 156.0M 121.0M 72.4M
Long Term Equity Investment -- 0.00 85.8M 54.1M 0.00
Other Non Current Assets -- 5.3M -- -- --
Total Non Current Assets -- 334.8M 156.2M 121.3M 74.5M
Total Assets -- 500.4M 213.3M 179.9M 136.2M
Current Debt And Capital Lease Obligation -- 15.9M 125,000 110,000 107,000
Accounts Payable -- -- 8.7M 4.3M 2.5M
Payables -- -- 11.9M 5.7M 2.5M
Payables And Accrued Expenses -- 64.3M 11.9M 5.7M 2.5M
Current Liabilities -- 110.8M 12.0M 5.8M 2.6M
Long Term Debt And Capital Lease Obligation -- 22.9M 78,000 204,000 312,000
Long Term Capital Lease Obligation -- 22.9M 78,000 204,000 312,000
Other Non Current Liabilities -- 4.9M 318,000 -- --
Total Non Current Liabilities Net Minority Interest -- 141.8M 396,000 399,000 790,000
Total Liabilities Net Minority Interest -- 252.6M 12.4M 6.2M 3.4M
Common Stock -- 616.2M 579.6M 579.6M 579.6M
Capital Stock -- 616.2M 579.6M 579.6M 579.6M
Retained Earnings -- -425.7M -431.8M -457.9M -498.7M
Common Stock Equity -- 243.5M 200.9M 173.7M 132.8M
Stockholders Equity -- 243.5M 200.9M 173.7M 132.8M
Total Equity Gross Minority Interest -- 247.8M 200.9M 173.7M 132.8M
Minority Interest -- 4.3M 0.00 -- --
Total Capitalization -- 243.5M 200.9M 173.7M 132.8M
Net Tangible Assets -- 243.5M 200.9M 173.7M 132.8M
Tangible Book Value -- 243.5M 200.9M 173.7M 132.8M
Working Capital -- 54.8M 45.1M 52.8M 59.0M
Invested Capital -- 243.5M 200.9M 173.7M 132.8M
Total Debt -- 38.9M 203,000 314,000 419,000
Share Issued -- 257.1M 225.0M 224.9M 224.9M
Ordinary Shares Number -- 257.1M 225.0M 224.9M 224.9M
Capital Lease Obligations -- 38.9M 203,000 314,000 419,000
Construction In Progress -- 1.8M 0.00 -- --
Current Capital Lease Obligation -- 15.9M 125,000 110,000 107,000
Current Deferred Liabilities -- 23.5M 0.00 -- --
Current Provisions -- 7.0M -- -- --
Duefrom Related Parties Current -- -- 1.0M 1.7M 7.3M
Dueto Related Parties Current -- -- 3.2M 1.4M 0.00
Employee Benefits -- -- 318,000 195,000 478,000
Financial Assets Designatedas Fair Value Through Profitor Loss Total -- 0.00 70.2M 66.8M 72.4M
Finished Goods -- 22.3M 0.00 -- --
Investmentin Financial Assets -- 0.00 70.2M 66.8M 72.4M
Investmentsin Joint Venturesat Cost -- 0.00 85.8M 54.1M 0.00
Long Term Provisions -- 66.1M -- -- --
Machinery Furniture Equipment -- 195.0M 0.00 -- --
Non Current Deferred Liabilities -- 47.8M 0.00 -- --
Other Equity Interest -- 52.9M 53.1M 52.0M 51.9M
Other Properties -- 48.1M 1.1M 332,000 474,000
Raw Materials -- 18.3M 0.00 -- --
Taxes Receivable -- 8.3M 0.00 -- --
Tradeand Other Payables Non Current -- -- 8.7M 4.3M 2.5M
Treasury Shares Number -- -- 0.00 -- --
Work In Process -- 2.2M 0.00 -- --
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -- 55.7M -3.6M 1.8M -12.9M
Cash Flow From Continuing Operating Activities -- 55.7M -3.6M 1.8M -12.9M
Depreciation And Amortization -- -- 143,000 146,000 148,000
Depreciation Amortization Depletion -- 23.7M 143,000 146,000 148,000
Stock Based Compensation -- 6.9M 6.2M 1.6M 3.2M
Change In Working Capital -- -13.8M 1.9M 7.1M -7.2M
Changes In Account Receivables -- 1.0M 678,000 -- --
Change In Receivables -- 306,000 678,000 5.6M -4.6M
Change In Inventory -- 1.2M 0.00 -- --
Change In Payables And Accrued Expense -- -14.5M 1.2M 1.4M -2.3M
Other Non Cash Items -- 13.5M -2.9M 4.6M 649,000
Capital Expenditure -- -66.9M -35,000 -4,000 -1.5M
Purchase Of PPE -- -66.9M -35,000 0.00 -1.5M
Net PPE Purchase And Sale -- -66.9M -35,000 0.00 -1.5M
Purchase Of Business -- -67.5M 0.00 -- --
Sale Of Business -- 137.5M 0.00 0.00 5.0M
Sale Of Investment -- -- -- -- 5.0M
Net Investment Purchase And Sale -- -- -- -- 5.0M
Investing Cash Flow -- 5.8M 2.9M 1.0M 3.9M
Cash Flow From Continuing Investing Activities -- 5.8M 2.9M 1.0M 3.9M
Repayment Of Debt -- -13.4M -127,000 -130,000 -128,000
Net Issuance Payments Of Debt -- -13.4M -127,000 -130,000 -128,000
Repurchase Of Capital Stock -- -- -- -- 0.00
Net Common Stock Issuance -- -- -- -- 0.00
Common Stock Payments -- -- -- -- 0.00
Financing Cash Flow -- -10.6M -108,000 -130,000 441,000
Cash Flow From Continuing Financing Activities -- -10.6M -108,000 -130,000 441,000
Effect Of Exchange Rate Changes -- -432,000 37,000 -96,000 -42,000
Changes In Cash -- 50.9M -878,000 2.7M -8.6M
Beginning Cash Position -- 55.3M 56.1M 53.5M 62.2M
End Cash Position -- 105.8M 55.3M 56.1M 53.5M
Free Cash Flow -- -11.2M -3.7M 1.8M -14.4M
Asset Impairment Charge -- -- 0.00 -6.0M 7.6M
Capital Expenditure Reported -- -- -35,000 -4,000 -31,000
Change In Prepaid Assets -- -765,000 -9,000 10,000 -235,000
Depreciation -- -- 143,000 146,000 148,000
Earnings Losses From Equity Investments -- -3.8M -31.7M -46.5M 51.5M
Gain Loss On Investment Securities -- 23.1M -- -- --
Interest Received Cfi -- 4.7M 2.9M 1.0M 407,000
Long Term Debt Payments -- -13.4M -127,000 -130,000 -128,000
Net Business Purchase And Sale -- 70.0M 0.00 0.00 5.0M
Net Foreign Currency Exchange Gain Loss -- -686,000 7,000 -1,000 2,000
Net Income From Continuing Operations -- 8.5M 26.1M 40.8M -68.9M
Net Long Term Debt Issuance -- -13.4M -127,000 -130,000 -128,000
Net Other Financing Charges -- -41,000 -- -- --
Net Other Investing Changes -- -2.0M -- -- --
Operating Gains Losses -- 18.6M -31.7M -46.5M 51.5M
Proceeds From Stock Option Exercised -- 2.8M 19,000 0.00 569,000
Unrealized Gain Loss On Investment Securities -- -1.7M -3.4M 0.00 --
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