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GSP Resource Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024May 31, 2024 FY 2023May 31, 2023 FY 2022May 31, 2022 FY 2021May 31, 2021
Total Revenue 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00
Selling General And Administration 556,756 285,568 354,045 529,330
General And Administrative Expense 552,162 282,757 345,146 521,633
Research And Development 81,497 12,000 12,500 48,750
Other Operating Expenses -- 4,575 4,625 3,800
Operating Expense 556,756 287,639 354,045 529,330
Operating Income -556,756 -287,639 -354,045 -529,330
EBIT -556,756 -287,639 -354,045 -529,330
Interest Income 1,106 93.00 899.00 0.00
Interest Income Non Operating 1,106 93.00 899.00 0.00
Net Interest Income 1,106 93.00 899.00 0.00
Other Income Expense -2,300 -1,400 -22,930 35,000
Other Non Operating Income Expenses -- -- 7,500 --
Gain On Sale Of Security -2,300 -1,400 -30,430 35,000
Pretax Income -557,950 -288,946 -376,076 -494,330
Tax Provision -- 0.00 -37,850 0.00
Tax Effect Of Unusual Items 0.00 0.00 -3,063 0.00
Net Income From Continuing And Discontinued Operation -557,950 -288,946 -338,226 -494,330
Net Income From Continuing Operation Net Minority Interest -557,950 -288,946 -338,226 -494,330
Net Income Including Noncontrolling Interests -557,950 -288,946 -338,226 -494,330
Net Income Common Stockholders -557,950 -288,946 -338,226 -494,330
Net Income -557,950 -288,946 -338,226 -494,330
EBITDA -556,756 -287,639 -354,045 -529,330
Normalized EBITDA -554,456 -286,239 -323,615 -564,330
Basic EPS -0.02 -0.01 -0.02 -0.03
Diluted EPS -0.02 -0.01 -0.02 -0.03
Basic Average Shares 27.5M 21.4M 21.4M 17.4M
Diluted Average Shares 27.5M 21.4M 21.4M 17.4M
Total Unusual Items -2,300 -1,400 -30,430 35,000
Total Unusual Items Excluding Goodwill -2,300 -1,400 -30,430 35,000
Tax Rate For Calcs 0.00 0.00 0.10 0.00
Normalized Income -555,650 -287,546 -310,859 -529,330
Diluted NI Availto Com Stockholders -557,950 -288,946 -338,226 -494,330
Insurance And Claims 7,500 7,500 5,813 4,918
Net Income Continuous Operations -557,950 -288,946 -338,226 -494,330
Net Non Operating Interest Income Expense 1,106 93.00 899.00 0.00
Other Gand A 387,862 238,357 310,408 364,354
Other Taxes 0.00 2,071 0.00 --
Rent And Landing Fees 9,000 9,250 12,000 11,500
Rent Expense Supplemental 9,000 9,250 12,000 11,500
Salaries And Wages 147,800 27,650 16,925 140,861
Selling And Marketing Expense 4,594 2,811 8,899 7,697
Total Expenses 556,756 287,639 354,045 529,330
Line Item FY 2024May 31, 2024 FY 2023May 31, 2023 FY 2022May 31, 2022 FY 2021May 31, 2021
Cash And Cash Equivalents 135,408 189,063 240,116 708,380
Cash Cash Equivalents And Short Term Investments 139,908 194,663 247,116 751,380
Cash Financial 135,408 189,063 240,116 708,380
Other Short Term Investments 4,500 5,600 7,000 43,000
Receivables 11,710 6,594 6,246 7,610
Prepaid Assets 15,157 9,897 9,525 61,077
Current Assets 166,775 211,154 262,887 820,067
Net PPE 2.6M 2.2M 2.1M 1.3M
Other Non Current Assets 27,000 27,000 27,000 27,000
Total Non Current Assets 2.6M 2.2M 2.1M 1.4M
Total Assets 2.8M 2.4M 2.3M 2.2M
Accounts Payable 87,121 67,309 15,293 19,555
Payables 90,451 68,309 21,379 22,930
Payables And Accrued Expenses 90,451 68,309 21,379 22,930
Current Liabilities 90,451 176,309 21,379 22,930
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 90,451 176,309 21,379 22,930
Common Stock 4.1M 3.3M 3.1M 2.8M
Capital Stock 4.1M 3.3M 3.1M 2.8M
Retained Earnings -2.2M -1.6M -1.4M -1.0M
Gains Losses Not Affecting Retained Earnings 785,426 564,469 529,256 410,232
Common Stock Equity 2.7M 2.2M 2.3M 2.1M
Stockholders Equity 2.7M 2.2M 2.3M 2.1M
Total Equity Gross Minority Interest 2.7M 2.2M 2.3M 2.1M
Total Capitalization 2.7M 2.2M 2.3M 2.1M
Net Tangible Assets 2.7M 2.2M 2.3M 2.1M
Tangible Book Value 2.7M 2.2M 2.3M 2.1M
Working Capital 76,324 34,845 241,508 797,137
Invested Capital 2.7M 2.2M 2.3M 2.1M
Share Issued 29.5M 22.6M 20.7M 18.8M
Ordinary Shares Number 29.5M 22.6M 20.7M 18.8M
Current Deferred Liabilities 0.00 108,000 0.00 --
Dueto Related Parties Current 3,330 1,000 6,086 3,375
Taxes Receivable 11,710 6,594 6,246 7,610
Line Item FY 2024May 31, 2024 FY 2023May 31, 2023 FY 2022May 31, 2022 FY 2021May 31, 2021
Operating Cash Flow -439,822 -213,686 -279,305 -375,302
Cash Flow From Continuing Operating Activities -439,822 -213,686 -279,305 -375,302
Stock Based Compensation 147,800 27,650 16,925 140,861
Deferred Tax -- 0.00 -37,850 0.00
Deferred Income Tax -- 0.00 -37,850 0.00
Change In Working Capital -31,972 46,210 49,416 13,062
Change In Receivables -5,116 -348.00 1,364 -1,210
Change In Payables And Accrued Expense -21,596 46,930 -3,500 -3,287
Change In Payable -21,596 46,930 -3,500 -3,287
Capital Expenditure -324,276 -66,367 -683,036 -585,734
Purchase Of PPE -324,276 -66,367 -683,036 -585,734
Net PPE Purchase And Sale -324,276 -66,367 -683,036 -585,734
Sale Of Investment -- 0.00 14,745 0.00
Net Investment Purchase And Sale -- 0.00 14,745 0.00
Investing Cash Flow -304,276 -66,367 -668,291 -600,734
Cash Flow From Continuing Investing Activities -304,276 -66,367 -668,291 -600,734
Issuance Of Capital Stock 690,443 121,000 479,332 1.2M
Net Common Stock Issuance 690,443 121,000 479,332 1.2M
Financing Cash Flow 690,443 229,000 479,332 1.2M
Cash Flow From Continuing Financing Activities 690,443 229,000 479,332 1.2M
Changes In Cash -53,655 -51,053 -468,264 184,193
Beginning Cash Position 189,063 240,116 708,380 524,187
End Cash Position 135,408 189,063 240,116 708,380
Free Cash Flow -764,098 -280,053 -962,341 -961,036
Change In Account Payable -23,926 52,016 -6,211 -5,725
Change In Prepaid Assets -5,260 -372.00 51,552 17,559
Common Stock Issuance 690,443 121,000 479,332 1.2M
Gain Loss On Investment Securities -- -- 28,255 --
Interest Received Cfo -- -- 0.00 105.00
Net Income From Continuing Operations -557,950 -288,946 -338,226 -494,330
Net Other Financing Charges -- 108,000 -- --
Net Other Investing Changes 20,000 -- -- -15,000
Operating Gains Losses -- -- 28,255 --
Unrealized Gain Loss On Investment Securities 2,300 1,400 2,175 -35,000
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