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Primary Hydrogen Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024
Total Revenue 0.00 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00 0.00
Selling General And Administration 1.2M 1.8M 769,203 297,706 323,791
General And Administrative Expense 252,976 341,862 288,878 281,374 309,658
Other Operating Expenses 59,711 70,877 39,198 119,201 11,674
Operating Expense 1.2M 1.8M 808,401 416,907 335,465
Operating Income -1.2M -1.8M -808,401 -416,907 -335,465
EBIT -1.2M -1.8M -808,401 -416,907 -335,465
Other Income Expense -3,701 -4,805 -4,748 -- --
Gain On Sale Of Security -3,701 -4,805 -4,748 -- --
Pretax Income -1.3M -1.8M -813,149 -618,270 -335,465
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -1.3M -1.8M -813,149 -618,270 -335,465
Net Income From Continuing Operation Net Minority Interest -1.3M -1.8M -813,149 -618,270 -335,465
Net Income Including Noncontrolling Interests -1.3M -1.8M -813,149 -618,270 -335,465
Net Income Common Stockholders -1.3M -1.8M -813,149 -618,270 -335,465
Net Income -1.3M -1.8M -813,149 -618,270 -335,465
EBITDA -1.2M -1.8M -808,401 -416,907 -335,465
Normalized EBITDA -1.2M -1.8M -803,653 -416,907 -335,465
Basic EPS -0.30 -0.50 -0.20 -- -0.30
Diluted EPS -0.30 -0.50 -0.20 -- -0.30
Basic Average Shares 4.6M 3.5M 3.3M -- 1.0M
Diluted Average Shares 4.6M 3.5M 3.3M -- 1.0M
Total Unusual Items -3,701 -4,805 -4,748 -- --
Total Unusual Items Excluding Goodwill -3,701 -4,805 -4,748 -- --
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -1.2M -1.8M -808,401 -618,270 -335,465
Diluted NI Availto Com Stockholders -1.3M -1.8M -813,149 -618,270 -335,465
Insurance And Claims 2,625 3,021 829.00 829.00 828.00
Net Income Continuous Operations -1.3M -1.8M -813,149 -618,270 -335,465
Other Gand A 171,428 203,320 135,202 154,028 85,355
Rent And Landing Fees 4,286 4,285 4,286 4,286 5,714
Rent Expense Supplemental 4,286 4,285 4,286 4,286 5,714
Salaries And Wages 74,637 131,236 148,561 122,231 217,761
Selling And Marketing Expense 935,860 1.4M 480,325 16,332 14,133
Total Expenses 1.2M 1.8M 808,401 416,907 335,465
Line Item Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024
Cash And Cash Equivalents 2.1M 1.7M 2.8M 3.1M 516,644
Cash Cash Equivalents And Short Term Investments 2.1M 1.7M 2.8M 3.1M 516,644
Cash Financial 2.1M 1.7M 2.8M 3.1M 516,644
Receivables 68,129 28,880 28,289 13,595 10,538
Prepaid Assets 36,243 320,910 315,385 114,608 3,362
Current Assets 2.2M 2.1M 3.1M 3.2M 530,544
Net PPE 1.2M 479,595 396,273 187,078 201,363
Total Non Current Assets 1.2M 479,595 396,273 187,078 201,363
Total Assets 3.5M 2.5M 3.5M 3.4M 731,907
Accounts Payable 183,252 113,779 -- -- --
Payables 198,318 149,710 -- -- --
Payables And Accrued Expenses 198,318 149,710 138,824 177,691 62,073
Current Accrued Expenses -- -- -- 177,691 62,073
Other Current Liabilities 204,800 -- -- -- --
Current Liabilities 403,118 149,710 138,824 177,691 62,073
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 403,118 149,710 138,824 177,691 62,073
Common Stock 7.6M 6.0M 5.2M 4.3M 1.3M
Capital Stock 7.6M 6.0M 5.2M 4.3M 1.3M
Additional Paid In Capital 969,909 659,400 620,011 494,075 320,248
Retained Earnings -5.5M -4.3M -2.4M -1.6M -984,314
Gains Losses Not Affecting Retained Earnings -1,444 -1,360 -- -- --
Other Equity Adjustments -1,444 -1,360 -- -- --
Common Stock Equity 3.1M 2.4M 3.4M 3.2M 669,834
Stockholders Equity 3.1M 2.4M 3.4M 3.2M 669,834
Total Equity Gross Minority Interest 3.1M 2.4M 3.4M 3.2M 669,834
Total Capitalization 3.1M 2.4M 3.4M 3.2M 669,834
Net Tangible Assets 3.1M 2.4M 3.4M 3.2M 669,834
Tangible Book Value 3.1M 2.4M 3.4M 3.2M 669,834
Working Capital 1.8M 1.9M 3.0M 3.0M 468,471
Invested Capital 3.1M 2.4M 3.4M 3.2M 669,834
Share Issued 4.9M 4.1M 3.4M 3.2M 2.2M
Ordinary Shares Number 4.9M 4.1M 3.4M 3.2M 2.2M
Dueto Related Parties Current 15,066 35,931 -- -- --
Other Equity Interest -- 21,000 -- -- --
Taxes Receivable 68,129 28,880 28,289 13,595 10,538
Line Item Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024
Operating Cash Flow -1.1M -1.7M -918,926 -299,614 -72,099
Cash Flow From Continuing Operating Activities -1.1M -1.7M -918,926 -299,614 -72,099
Stock Based Compensation 74,637 131,236 148,561 122,231 217,761
Change In Working Capital 119,067 -4,603 -259,086 -4,938 45,605
Change In Receivables -39,249 -591.00 -14,694 -3,057 -2,011
Change In Payables And Accrued Expense -126,351 1,513 -43,615 109,365 48,215
Other Non Cash Items -- -- -- -- --
Capital Expenditure -407,966 -80,114 -102,320 -- --
Net PPE Purchase And Sale -407,966 -80,114 -102,320 -- --
Investing Cash Flow -407,966 -80,114 -102,320 -- --
Cash Flow From Continuing Investing Activities -407,966 -80,114 -102,320 -- --
Issuance Of Capital Stock 1.7M 33,876 737,124 2.9M 535,000
Net Common Stock Issuance 1.7M 33,876 737,124 2.9M 535,000
Financing Cash Flow 1.9M 729,872 749,312 2.9M 535,000
Cash Flow From Continuing Financing Activities 1.9M 729,872 749,312 2.9M 535,000
Changes In Cash 429,850 -1.1M -271,934 2.5M 462,901
Beginning Cash Position 1.7M 2.8M 3.1M 516,644 53,743
End Cash Position 2.1M 1.7M 2.8M 3.1M 516,644
Free Cash Flow -1.5M -1.8M -1.0M -394,439 -72,099
Change In Accrued Expense -- -- -43,615 -- 48,215
Change In Prepaid Assets 284,667 -5,525 -200,777 -111,246 -599.00
Common Stock Issuance 1.7M 33,876 737,124 2.9M 535,000
Net Foreign Currency Exchange Gain Loss -- 4,805 4,748 -- --
Net Income From Continuing Operations -1.3M -1.8M -813,149 -618,270 -335,465
Net Other Financing Charges -49,197 -- -- -- --
Net Other Investing Changes -- -- -102,320 -- --
Operating Gains Losses -- 4,805 4,748 -- --
Proceeds From Stock Option Exercised 247,310 714,190 12,188 -- --
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