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First Helium Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Mar 31, 2025 FY 2024Mar 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Total Revenue 292,999 1.1M 8.2M 3.6M --
Operating Revenue 292,999 1.1M 8.2M 3.6M --
Cost Of Revenue 339,950 1.3M 6.5M 164,028 --
Gross Profit -46,951 -181,096 1.7M 3.4M --
Selling General And Administration 1.8M 1.9M 2.5M 2.1M --
General And Administrative Expense 1.3M 1.4M 1.7M 2.1M --
Depreciation And Amortization In Income Statement -- -- -- -- 0.00
Other Operating Expenses 626,416 905,212 2.1M 1.3M --
Operating Expense 2.5M 2.8M 4.5M 3.9M --
Operating Income -2.5M -3.0M -2.8M -446,962 --
EBIT -2.5M -3.0M -2.8M -446,962 --
Interest Expense -- -- -- 18,876 147,656
Interest Expense Non Operating -- -- -- 18,876 147,656
Interest Income 16,519 294.00 80,091 41,004 --
Interest Income Non Operating 16,519 294.00 80,091 41,004 --
Net Interest Income 16,519 294.00 80,091 -18,876 --
Other Income Expense -4.3M -199,520 -4.2M -- 3,000
Other Non Operating Income Expenses -- -- -- -- 3,000
Special Income Charges -4.3M -199,520 -4.2M 0.00 --
Pretax Income -6.7M -3.2M -6.9M -465,838 --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -6.7M -3.2M -6.9M -465,838 --
Net Income From Continuing Operation Net Minority Interest -6.7M -3.2M -6.9M -465,838 --
Net Income Including Noncontrolling Interests -6.7M -3.2M -6.9M -465,838 --
Net Income Common Stockholders -6.7M -3.2M -6.9M -465,838 --
Net Income -6.7M -3.2M -6.9M -465,838 --
EBITDA -2.2M -1.9M 1.2M -8,434 --
Normalized EBITDA 2.1M -1.7M 5.5M -8,434 --
Reconciled Depreciation 311,296 1.1M 4.0M 438,528 --
Basic EPS -0.04 -0.04 -0.09 -0.01 --
Diluted EPS -0.04 -0.04 -0.09 -0.01 --
Basic Average Shares 178.1M 87.1M 78.1M 49.8M --
Diluted Average Shares 178.1M 87.1M 78.1M 49.8M --
Total Unusual Items -4.3M -199,520 -4.2M 0.00 --
Total Unusual Items Excluding Goodwill -4.3M -199,520 -4.2M 0.00 --
Tax Rate For Calcs 0.00 0.00 0.00 0.00 --
Normalized Income -2.5M -3.0M -2.7M -465,838 --
Depletion Income Statement -- -- 4.0M 438,528 --
Depreciation Amortization Depletion Income Statement -- 1.1M 4.0M 438,528 0.00
Depreciation Income Statement -- -- -- -- 0.00
Diluted NI Availto Com Stockholders -6.7M -3.2M -6.9M -465,838 --
Gain On Sale Of Ppe 0.00 -199,520 0.00 -- --
Impairment Of Capital Assets 4.3M 0.00 4.2M 0.00 --
Net Income Continuous Operations -6.7M -3.2M -6.9M -465,838 --
Net Non Operating Interest Income Expense 16,519 294.00 80,091 -18,876 --
Other Gand A 241,058 393,293 478,502 385,552 --
Reconciled Cost Of Revenue 339,950 1.3M 6.5M 164,028 --
Rent And Landing Fees -- -- -- 24,000 24,000
Rent Expense Supplemental -- -- -- 24,000 24,000
Salaries And Wages 1.1M 1.0M 1.2M 1.7M --
Securities Amortization -- -- -- -- 19,714
Selling And Marketing Expense 494,386 504,093 787,205 -- --
Total Expenses 2.8M 4.1M 11.0M 4.0M --
Line Item FY 2025Mar 31, 2025 FY 2024Mar 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Cash And Cash Equivalents 834,199 157,787 165,274 5.5M --
Cash Cash Equivalents And Short Term Investments 834,199 157,787 165,274 5.5M --
Cash Financial -- -- -- 5.5M 3.5M
Accounts Receivable 0.00 83,430 115,650 1.7M --
Receivables 220,989 119,601 177,668 1.8M --
Prepaid Assets 245,513 307,292 88,068 106,650 --
Current Assets 1.3M 584,680 431,010 7.4M --
Gross PPE 27.9M 25.0M 25.0M 13.1M --
Accumulated Depreciation -13.0M -9.8M -8.7M -438,528 --
Net PPE 14.9M 15.2M 16.3M 12.6M --
Total Non Current Assets 15.4M 15.6M 16.6M 12.9M --
Total Assets 16.7M 16.2M 17.1M 20.3M --
Current Debt -- -- -- -- 2.5M
Current Debt And Capital Lease Obligation -- 60,627 80,359 -- 2.5M
Accounts Payable -- -- -- 2.6M 1.0M
Payables -- -- -- 2.6M 1.3M
Payables And Accrued Expenses 3.8M 1.3M 1.4M 2.6M --
Current Liabilities 3.8M 1.3M 1.5M 2.6M --
Long Term Debt And Capital Lease Obligation -- -- 60,627 -- --
Long Term Capital Lease Obligation -- 0.00 60,627 0.00 --
Total Non Current Liabilities Net Minority Interest 1.3M 1.2M 1.3M 908,969 --
Total Liabilities Net Minority Interest 5.1M 2.6M 2.8M 3.6M --
Common Stock 27.1M 21.4M 21.4M 17.4M --
Capital Stock 27.1M 21.4M 21.4M 17.4M --
Additional Paid In Capital 3.4M 2.1M 1.9M 1.5M --
Retained Earnings -19.0M -12.2M -9.0M -2.1M --
Gains Losses Not Affecting Retained Earnings -- -- -- 1.5M 106,948
Common Stock Equity 11.5M 13.6M 14.3M 16.8M --
Stockholders Equity 11.5M 13.6M 14.3M 16.8M --
Total Equity Gross Minority Interest 11.5M 13.6M 14.3M 16.8M --
Total Capitalization 11.5M 13.6M 14.3M 16.8M --
Net Tangible Assets 11.5M 13.6M 14.3M 16.8M --
Tangible Book Value 11.5M 13.6M 14.3M 16.8M --
Working Capital -2.5M -760,663 -1.1M 4.8M --
Invested Capital 11.5M 13.6M 14.3M 16.8M --
Total Debt 0.00 60,627 140,986 0.00 --
Share Issued 213.9M 87.1M 87.1M 71.5M --
Ordinary Shares Number 213.9M 87.1M 87.1M 71.5M --
Capital Lease Obligations 0.00 60,627 140,986 0.00 --
Current Capital Lease Obligation 0.00 60,627 80,359 0.00 --
Current Deferred Assets -- -- -- 0.00 1.1M
Dueto Related Parties Current -- -- -- 59,104 234,720
Employee Benefits -- -- -- -- 109,147
Long Term Provisions 1.3M 1.2M 1.2M 908,969 --
Non Current Pension And Other Postretirement Benefit Plans -- -- -- -- 109,147
Non Current Prepaid Assets 472,814 432,739 366,594 255,129 --
Other Current Borrowings -- -- -- -- 2.5M
Other Equity Interest -- 2.4M -- -- 8.9M
Other Properties 27.9M 25.0M 25.0M 13.1M --
Restricted Cash -- -- -- 0.00 7.1M
Taxes Receivable 220,989 36,171 62,018 37,609 --
Line Item FY 2025Mar 31, 2025 FY 2024Mar 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Operating Cash Flow -2.1M -2.0M 2.8M -493,641 --
Cash Flow From Continuing Operating Activities -2.1M -2.0M 2.8M -493,641 --
Depreciation And Amortization 63,296 39,643 7,416 -- --
Depreciation Amortization Depletion 311,296 1.1M 4.0M 438,528 --
Stock Based Compensation 335,359 184,280 461,626 1.2M --
Change In Working Capital -216,373 -377,332 1.0M -1.8M --
Changes In Account Receivables -- -- -- -1.7M 0.00
Change In Receivables -- -- -- -1.7M -63,736
Change In Payables And Accrued Expense -- -- -- 2,731 -27,182
Other Non Cash Items 1.2M 94,944 35,337 69,653 --
Capital Expenditure -33,792 -294,229 -4.3M -2.5M --
Purchase Of PPE -- -- -4.3M -2.5M 0.00
Net PPE Purchase And Sale 0.00 215,250 0.00 -2.5M --
Purchase Of Investment -- -- -- -255,129 0.00
Net Investment Purchase And Sale -40,075 -66,145 -111,465 -255,129 --
Investing Cash Flow -1.4M -252,471 -12.1M -6.5M --
Cash Flow From Continuing Investing Activities -1.4M -252,471 -12.1M -6.5M --
Issuance Of Debt -- -- -- 0.00 2.5M
Repayment Of Debt -63,296 -94,944 -34,923 0.00 --
Net Issuance Payments Of Debt -63,296 -94,944 -34,923 -605,388 --
Issuance Of Capital Stock 4.5M 2.4M 2.4M -- 1.5M
Repurchase Of Capital Stock -- -- -- -129,888 --
Net Common Stock Issuance 4.5M 2.4M 2.4M -129,888 --
Common Stock Payments -- -- -- -129,888 --
Financing Cash Flow 4.2M 2.3M 4.0M 2.0M --
Cash Flow From Continuing Financing Activities 4.2M 2.3M 4.0M 2.0M --
Changes In Cash 676,412 -7,487 -5.4M -5.0M --
Beginning Cash Position 157,787 165,274 5.5M 10.5M --
End Cash Position 834,199 157,787 165,274 5.5M --
Free Cash Flow -2.2M -2.3M -1.4M -3.0M --
Interest Paid Supplemental Data -- -- -- 0.00 0.00
Amortization Cash Flow 63,296 39,643 7,416 -- --
Amortization Of Intangibles 63,296 39,643 7,416 -- --
Asset Impairment Charge 2.9M 0.00 4.2M 0.00 --
Capital Expenditure Reported -33,792 -294,229 -4.3M -2.5M --
Cash Dividends Paid -- -- -- 0.00 0.00
Change In Prepaid Assets -- -- -- -83,938 -2,889
Common Stock Issuance 4.5M 2.4M 2.4M -- 1.5M
Depletion 248,000 1.0M 4.0M 438,528 --
Interest Paid Cff -- -- -- -605,388 -475,625
Long Term Debt Issuance -- -- -- 0.00 2.5M
Long Term Debt Payments -63,296 -94,944 -34,923 0.00 --
Net Income From Continuing Operations -6.7M -3.2M -6.9M -465,838 --
Net Long Term Debt Issuance -63,296 -94,944 -34,923 -605,388 --
Net Other Financing Charges -233,367 -53,372 -84,227 -- 8.9M
Net Other Investing Changes -1.4M -107,347 -7.8M -3.7M --
Operating Gains Losses -- 199,520 -- -- --
Proceeds From Stock Option Exercised -- 0.00 1.6M 2.8M 0.00
Sale Of PPE 0.00 215,250 0.00 -- --
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