Golden Arrow Resources Corporation
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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 22,907 | 118,460 | 109,673 | 111,275 |
| Gross Profit | -22,907 | -118,460 | -109,673 | -111,275 |
| Selling General And Administration | 1.2M | 2.0M | 1.6M | 2.0M |
| General And Administrative Expense | 1.2M | 2.0M | 1.6M | 2.0M |
| Research And Development | -- | 533,529 | 561,539 | 758,075 |
| Other Operating Expenses | 7.4M | 5.8M | 4.4M | 4.7M |
| Operating Expense | 8.6M | 7.8M | 6.0M | 6.7M |
| Operating Income | -8.6M | -7.9M | -6.1M | -6.8M |
| EBIT | -8.4M | -5.8M | -6.0M | -6.0M |
| Interest Expense | 9,290 | 39,746 | 33,887 | 17,036 |
| Interest Expense Non Operating | 9,290 | 39,746 | 33,887 | 17,036 |
| Interest Income | 27,981 | 140,109 | 5,165 | 9,076 |
| Interest Income Non Operating | 27,981 | 140,109 | 5,165 | 9,076 |
| Net Interest Income | 18,691 | 100,363 | -28,722 | -7,960 |
| Other Income Expense | 240,933 | 2.0M | 112,704 | 758,082 |
| Other Non Operating Income Expenses | -- | 11,080 | -- | -- |
| Special Income Charges | 23,189 | 3,319 | -664,576 | 0.00 |
| Gain On Sale Of Security | 217,744 | 1.9M | 777,280 | 758,082 |
| Pretax Income | -8.4M | -5.8M | -6.0M | -6.1M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -8.4M | -5.8M | -6.0M | -6.1M |
| Net Income From Continuing Operation Net Minority Interest | -8.4M | -5.8M | -6.0M | -6.1M |
| Net Income Including Noncontrolling Interests | -8.4M | -5.8M | -6.0M | -6.1M |
| Net Income Common Stockholders | -8.4M | -5.8M | -6.0M | -6.1M |
| Net Income | -8.4M | -5.8M | -6.0M | -6.1M |
| EBITDA | -8.3M | -5.7M | -5.9M | -5.9M |
| Normalized EBITDA | -8.6M | -7.6M | -6.0M | -6.7M |
| Reconciled Depreciation | 22,907 | 122,539 | 121,548 | 126,693 |
| Basic EPS | -0.06 | -0.05 | -0.05 | -0.05 |
| Diluted EPS | -0.06 | -0.05 | -0.05 | -0.05 |
| Basic Average Shares | 144.1M | 118.3M | 115.2M | 116.1M |
| Diluted Average Shares | 144.1M | 118.3M | 115.2M | 116.1M |
| Total Unusual Items | 240,933 | 1.9M | 112,704 | 758,082 |
| Total Unusual Items Excluding Goodwill | 240,933 | 1.9M | 112,704 | 758,082 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -8.6M | -7.8M | -6.2M | -6.8M |
| Diluted NI Availto Com Stockholders | -8.4M | -5.8M | -6.0M | -6.1M |
| Gain On Sale Of Ppe | 23,189 | 3,319 | -27,394 | 0.00 |
| Impairment Of Capital Assets | -- | 0.00 | 637,182 | 0.00 |
| Net Income Continuous Operations | -8.4M | -5.8M | -6.0M | -6.1M |
| Net Non Operating Interest Income Expense | 18,691 | 100,363 | -28,722 | -7,960 |
| Other Gand A | 331,485 | 670,417 | 733,477 | 747,585 |
| Reconciled Cost Of Revenue | 22,907 | 118,460 | 109,673 | 111,275 |
| Rent And Landing Fees | 36,027 | -- | 40,895 | 26,584 |
| Rent Expense Supplemental | 36,027 | -- | 40,895 | 26,584 |
| Salaries And Wages | 820,493 | 1.3M | 860,919 | 1.2M |
| Total Expenses | 8.6M | 7.9M | 6.1M | 6.8M |
| Total Operating Income As Reported | -8.6M | -7.9M | -6.1M | -6.8M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 868,624 | 115,800 | 606,710 | 903,568 |
| Cash Cash Equivalents And Short Term Investments | 868,624 | 115,800 | 606,710 | 16.0M |
| Other Short Term Investments | -- | -- | 5.6M | 15.1M |
| Accounts Receivable | 169,677 | 519,594 | 376,874 | 73,161 |
| Receivables | 169,677 | 519,594 | 376,874 | 73,161 |
| Prepaid Assets | 205,114 | 242,427 | 166,982 | 96,158 |
| Other Current Assets | -- | -- | 5.6M | -- |
| Current Assets | 1.2M | 877,821 | 1.2M | 16.2M |
| Gross PPE | 4.4M | 4.7M | 5.0M | 1.5M |
| Accumulated Depreciation | 0.00 | -245,123 | -353,992 | -418,974 |
| Net PPE | 4.4M | 4.4M | 4.7M | 1.0M |
| Investments And Advances | 1.0M | 1.2M | 5.6M | -- |
| Other Non Current Assets | -- | -- | -5.6M | -- |
| Total Non Current Assets | 5.5M | 5.6M | 10.3M | 1.0M |
| Total Assets | 6.7M | 6.5M | 11.4M | 17.2M |
| Current Debt And Capital Lease Obligation | -- | 52,040 | 106,401 | 109,870 |
| Payables And Accrued Expenses | 1.2M | 744,866 | 584,782 | 387,255 |
| Current Liabilities | 1.2M | 796,906 | 691,183 | 497,125 |
| Long Term Debt And Capital Lease Obligation | -- | 138,731 | 321,058 | 237,008 |
| Long Term Capital Lease Obligation | 0.00 | 138,731 | 321,058 | 237,008 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 138,731 | 321,058 | 237,008 |
| Total Liabilities Net Minority Interest | 1.2M | 935,637 | 1.0M | 734,133 |
| Common Stock | 39.9M | 38.8M | 38.1M | 38.1M |
| Capital Stock | 39.9M | 38.8M | 38.1M | 38.1M |
| Additional Paid In Capital | 19.9M | 18.8M | 18.1M | 16.8M |
| Retained Earnings | -68.5M | -60.2M | -54.4M | -48.3M |
| Gains Losses Not Affecting Retained Earnings | 6.1M | 6.3M | 6.4M | 6.5M |
| Other Equity Adjustments | 6.1M | 6.3M | 6.4M | 6.5M |
| Common Stock Equity | 5.5M | 5.6M | 10.4M | 16.5M |
| Stockholders Equity | 5.5M | 5.6M | 10.4M | 16.5M |
| Total Equity Gross Minority Interest | 5.5M | 5.6M | 10.4M | 16.5M |
| Total Capitalization | 5.5M | 5.6M | 10.4M | 16.5M |
| Net Tangible Assets | 5.5M | 5.6M | 10.4M | 16.5M |
| Tangible Book Value | 5.5M | 5.6M | 10.4M | 16.5M |
| Working Capital | -6,506 | 80,915 | 459,383 | 15.7M |
| Invested Capital | 5.5M | 5.6M | 10.4M | 16.5M |
| Total Debt | 0.00 | 190,771 | 427,459 | 346,878 |
| Share Issued | 160.4M | 126.9M | 115.2M | 115.2M |
| Ordinary Shares Number | 160.4M | 126.9M | 115.2M | 115.2M |
| Buildings And Improvements | 0.00 | 414,632 | 768,928 | 578,476 |
| Capital Lease Obligations | 0.00 | 190,771 | 427,459 | 346,878 |
| Current Capital Lease Obligation | 0.00 | 52,040 | 106,401 | 109,870 |
| Foreign Currency Translation Adjustments | -- | -- | -- | 0.00 |
| Machinery Furniture Equipment | -- | -- | 0.00 | 88,153 |
| Other Equity Interest | 8.1M | 1.9M | 2.2M | 3.4M |
| Other Properties | 4.4M | 4.3M | 4.2M | 790,905 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -3.6M | -7.6M | -5.5M | -5.3M |
| Cash Flow From Continuing Operating Activities | -3.6M | -7.6M | -5.5M | -5.3M |
| Depreciation And Amortization | 22,907 | 122,539 | 121,548 | 126,693 |
| Depreciation Amortization Depletion | 22,907 | 122,539 | 121,548 | 126,693 |
| Stock Based Compensation | 0.00 | 284,276 | 0.00 | 349,092 |
| Change In Working Capital | 892,285 | -58,081 | -177,010 | 442,750 |
| Change In Receivables | 349,917 | -142,720 | -303,713 | 285,356 |
| Change In Payables And Accrued Expense | 505,055 | 160,084 | 197,527 | 118,699 |
| Other Non Cash Items | 4.1M | 39,746 | 33,887 | 17,036 |
| Capital Expenditure | -177,871 | -12,502 | -4.2M | -256,660 |
| Purchase Of PPE | -- | -- | 0.00 | -1,372 |
| Net PPE Purchase And Sale | -- | 0.00 | 23,087 | -1,372 |
| Purchase Of Investment | -885,234 | -1.9M | -- | -- |
| Sale Of Investment | 1.0M | 8.3M | 9.5M | 0.00 |
| Net Investment Purchase And Sale | 159,762 | 6.4M | 9.5M | 0.00 |
| Investing Cash Flow | -18,109 | 6.4M | 5.4M | -89,332 |
| Cash Flow From Continuing Investing Activities | -18,109 | 6.4M | 5.4M | -89,332 |
| Repayment Of Debt | -30,270 | -146,148 | -143,758 | -127,358 |
| Net Issuance Payments Of Debt | -30,270 | -146,148 | -143,758 | -127,358 |
| Issuance Of Capital Stock | 1.7M | 819,655 | 0.00 | -- |
| Repurchase Of Capital Stock | -- | -- | 0.00 | -204,649 |
| Net Common Stock Issuance | 1.7M | 819,655 | 0.00 | -204,649 |
| Common Stock Payments | -- | -- | 0.00 | -204,649 |
| Financing Cash Flow | 4.3M | 649,629 | -143,758 | -332,007 |
| Cash Flow From Continuing Financing Activities | 4.3M | 649,629 | -143,758 | -332,007 |
| Changes In Cash | 752,824 | -490,910 | -296,858 | -5.7M |
| Beginning Cash Position | 115,800 | 606,710 | 903,568 | 6.6M |
| End Cash Position | 868,624 | 115,800 | 606,710 | 903,568 |
| Free Cash Flow | -3.7M | -7.6M | -9.8M | -5.5M |
| Asset Impairment Charge | -- | 0.00 | 637,182 | 0.00 |
| Capital Expenditure Reported | -177,871 | -12,502 | -4.2M | -255,288 |
| Change In Prepaid Assets | 37,313 | -75,445 | -70,824 | 38,695 |
| Common Stock Issuance | 1.7M | 819,655 | 0.00 | -- |
| Depreciation | 22,907 | 122,539 | 121,548 | 126,693 |
| Dividends Received Cfi | 0.00 | 24,338 | 113,866 | 167,328 |
| Gain Loss On Investment Securities | -159,762 | -2.2M | -113,866 | -167,328 |
| Gain Loss On Sale Of PPE | -23,189 | -3,319 | 27,394 | 0.00 |
| Long Term Debt Payments | -30,270 | -146,148 | -143,758 | -127,358 |
| Net Income From Continuing Operations | -8.4M | -5.8M | -6.0M | -6.1M |
| Net Long Term Debt Issuance | -30,270 | -146,148 | -143,758 | -127,358 |
| Net Other Financing Charges | 2.7M | -23,878 | -- | -- |
| Net Other Investing Changes | -- | -12,502 | -4.2M | -- |
| Operating Gains Losses | -182,951 | -2.2M | -86,472 | -167,328 |
| Sale Of PPE | -- | 0.00 | 23,087 | 0.00 |