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Highland Copper Company Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 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
Cost Of Revenue -- -- 0.00 0.00 0.00
Gross Profit -- -- 0.00 0.00 0.00
Selling General And Administration 590,823 1.1M 547,329 560,623 971,341
General And Administrative Expense 590,823 1.1M 547,329 560,623 971,341
Other Operating Expenses 719,658 2.3M 1.8M 1.1M 3.3M
Operating Expense 1.3M 3.4M 2.3M 1.7M 4.2M
Operating Income -1.3M -3.4M -2.3M -1.7M -4.2M
EBIT -2.6M -3.9M -2.5M -2.9M -6.9M
Interest Expense 258,828 238,424 188,369 168,622 103,369
Interest Expense Non Operating 258,828 238,424 188,369 168,622 103,369
Interest Income 73,155 82,358 106,971 201,006 252,651
Interest Income Non Operating 73,155 82,358 106,971 201,006 252,651
Net Interest Income -185,673 -156,066 -81,398 32,384 149,282
Other Income Expense -1.4M -603,274 -287,185 -1.4M -2.9M
Special Income Charges -- -- 0.00 123,972 0.00
Write Off -- -- -- -123,972 --
Gain On Sale Of Security -7,589 4,394 -6,744 30,853 -11,780
Earnings From Equity Interest -1.4M -607,668 -280,441 -1.4M -2.9M
Pretax Income -2.9M -4.1M -2.7M -3.1M -7.0M
Tax Provision 0.00 -- 13,428 44,522 --
Tax Effect Of Unusual Items 0.00 0.00 -1,012 4,628 0.00
Net Income From Continuing And Discontinued Operation -2.9M -4.1M -2.7M -3.1M -7.0M
Net Income From Continuing Operation Net Minority Interest -2.9M -4.1M -2.7M -3.1M -7.0M
Net Income Including Noncontrolling Interests -2.9M -4.1M -2.7M -3.1M -7.0M
Net Income Common Stockholders -2.9M -4.1M -2.7M -3.1M -7.0M
Net Income -2.9M -4.1M -2.7M -3.1M -7.0M
EBITDA -2.6M -3.9M -2.5M -2.9M -6.9M
Normalized EBITDA -2.6M -3.9M -2.5M -2.9M -6.8M
Reconciled Depreciation -- -- 0.00 0.00 0.00
Basic EPS 0.00 -0.01 0.00 0.00 -0.01
Diluted EPS 0.00 -0.01 0.00 0.00 -0.01
Basic Average Shares 737.7M 736.6M 736.4M 736.4M 736.4M
Diluted Average Shares 737.7M 736.6M 736.4M 736.4M 736.4M
Total Unusual Items -7,589 4,394 -6,744 30,853 -11,780
Total Unusual Items Excluding Goodwill -7,589 4,394 -6,744 30,853 -11,780
Tax Rate For Calcs 0.00 0.00 0.15 0.15 0.00
Normalized Income -2.9M -4.1M -2.7M -3.1M -6.9M
Diluted NI Availto Com Stockholders -2.9M -4.1M -2.7M -3.1M -7.0M
Gain On Sale Of Business -- -- 0.00 0.00 0.00
Net Income Continuous Operations -2.9M -4.1M -2.7M -3.1M -7.0M
Net Non Operating Interest Income Expense -185,673 -156,066 -81,398 32,384 149,282
Other Gand A 224,166 251,833 200,713 222,688 224,945
Reconciled Cost Of Revenue -- -- 0.00 0.00 0.00
Salaries And Wages 366,657 819,231 346,616 337,935 746,396
Total Expenses 1.3M 3.4M 2.3M 1.7M 4.2M
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 5.7M 7.5M 12.3M 14.3M 17.1M
Cash Cash Equivalents And Short Term Investments 5.7M 7.5M 12.3M 14.3M 17.1M
Receivables 284,324 293,066 267,630 403,333 86,210
Prepaid Assets -- -- -- -- 458,836
Current Assets 6.0M 7.8M 12.6M 14.8M 17.6M
Gross PPE 20.1M 20.0M -- -- 19.6M
Net PPE 20.1M 20.0M 19.9M 19.7M 19.6M
Investments And Advances 16.0M 17.1M 16.7M 17.0M 16.3M
Long Term Equity Investment 16.0M 17.1M 16.7M 17.0M 16.3M
Other Non Current Assets 2.2M 2.2M 2.4M 2.4M 2.4M
Total Non Current Assets 38.4M 39.3M 39.0M 39.2M 38.3M
Total Assets 44.3M 47.1M 51.7M 53.9M 55.9M
Current Debt 10.9M 10.4M -- -- --
Current Debt And Capital Lease Obligation 10.9M 10.4M -- -- --
Accounts Payable -- -- 911,098 856,646 2.0M
Payables -- -- 924,526 856,646 2.1M
Payables And Accrued Expenses 1.3M 1.9M 924,526 856,646 2.1M
Current Liabilities 12.2M 12.2M 924,526 856,646 2.1M
Long Term Debt -- -- 8.1M 7.9M 5.6M
Long Term Debt And Capital Lease Obligation -- -- 8.1M 7.9M 5.6M
Total Non Current Liabilities Net Minority Interest 1.1M 1.1M 10.2M 10.0M 7.8M
Total Liabilities Net Minority Interest 13.4M 13.4M 11.1M 10.8M 9.9M
Common Stock 84.1M 84.0M 83.9M 83.9M 83.9M
Capital Stock 84.1M 84.0M 83.9M 83.9M 83.9M
Additional Paid In Capital 17.7M 17.7M 17.4M 17.2M 17.1M
Retained Earnings -71.4M -68.5M -61.4M -58.7M -55.6M
Gains Losses Not Affecting Retained Earnings 604,066 597,850 596,585 596,730 643,833
Common Stock Equity 31.0M 33.8M 40.5M 43.1M 46.1M
Stockholders Equity 31.0M 33.8M 40.5M 43.1M 46.1M
Total Equity Gross Minority Interest 31.0M 33.8M 40.5M 43.1M 46.1M
Total Capitalization 31.0M 33.8M 48.6M 51.0M 51.7M
Net Tangible Assets 31.0M 33.8M 40.5M 43.1M 46.1M
Tangible Book Value 31.0M 33.8M 40.5M 43.1M 46.1M
Working Capital -6.3M -4.4M 11.7M 13.9M 15.6M
Invested Capital 41.9M 44.1M 48.6M 51.0M 51.7M
Total Debt 10.9M 10.4M 8.1M 7.9M 5.6M
Net Debt 5.2M 2.9M -- -- --
Share Issued 738.2M 736.7M 736.4M 736.4M 736.4M
Ordinary Shares Number 738.2M 736.7M 736.4M 736.4M 736.4M
Foreign Currency Translation Adjustments 604,066 597,850 596,585 596,730 643,833
Income Tax Payable -- -- 13,428 0.00 9,878
Investmentsin Associatesat Cost 16.0M 17.1M 16.7M 17.0M 16.3M
Long Term Provisions 1.1M 1.1M 1.1M 1.1M 1.2M
Non Current Deferred Liabilities -- -- 964,018 964,018 964,018
Non Current Deferred Taxes Liabilities -- -- 964,018 964,018 964,018
Other Receivables 201,771 216,294 209,377 334,104 --
Properties 20.1M 20.0M -- -- 19.6M
Taxes Receivable 82,553 76,772 58,253 69,229 86,210
Total Tax Payable -- -- 13,428 0.00 9,878
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow -1.7M -2.9M -1.9M -2.6M -3.1M
Cash Flow From Continuing Operating Activities -1.7M -2.9M -1.9M -2.6M -3.1M
Depreciation And Amortization -- -- 0.00 0.00 0.00
Depreciation Amortization Depletion -- -- 0.00 0.00 0.00
Stock Based Compensation 168,269 272,184 130,265 144,056 320,675
Deferred Tax -- -- 13,428 -- --
Deferred Income Tax -- -- 13,428 -- --
Change In Working Capital -615,074 84,118 190,155 -1.0M 578,722
Changes In Account Receivables -- -- 10,976 16,981 -11,544
Change In Receivables -5,781 -2,122 10,976 16,981 -11,544
Change In Payables And Accrued Expense -623,816 -19,848 54,452 -1.2M 674,012
Other Non Cash Items 175,387 170,478 133,902 -156,356 -125,828
Capital Expenditure -104,700 -105,000 -140,000 -104,700 -105,000
Purchase Of PPE -104,700 -105,000 -140,000 -104,700 -105,000
Net PPE Purchase And Sale -104,700 -105,000 -140,000 -104,700 -105,000
Purchase Of Business -- -- 0.00 0.00 0.00
Sale Of Business -- -- 0.00 0.00 0.00
Investing Cash Flow -104,700 135,188 -140,000 -104,700 -105,000
Cash Flow From Continuing Investing Activities -104,700 135,188 -140,000 -104,700 -105,000
Financing Cash Flow 0.00 -30,815 -- 0.00 0.00
Cash Flow From Continuing Financing Activities 0.00 -30,815 -- 0.00 0.00
Effect Of Exchange Rate Changes 2,313 -1,847 -6,889 -16,250 4,171
Changes In Cash -1.8M -2.8M -2.0M -2.7M -3.2M
Beginning Cash Position 7.5M 10.4M 14.3M 17.1M 20.3M
End Cash Position 5.7M 7.5M 12.3M 14.3M 17.1M
Free Cash Flow -1.8M -3.0M -2.0M -2.7M -3.2M
Change In Prepaid Assets 14,523 106,088 124,727 124,732 -83,746
Earnings Losses From Equity Investments 1.4M 607,668 280,441 1.4M 2.9M
Gain Loss On Sale Of Business -- -- 0.00 0.00 0.00
Interest Received Cfi -- -- -- -- 233,739
Interest Received Cfo 54,390 61,194 84,327 168,524 233,739
Net Business Purchase And Sale -- -- 0.00 0.00 0.00
Net Foreign Currency Exchange Gain Loss 3,902 -4,394 6,744 -30,853 11,780
Net Income From Continuing Operations -2.9M -4.1M -2.7M -3.1M -7.0M
Net Other Financing Charges 0.00 -30,815 -- -- --
Net Other Investing Changes 0.00 240,188 -- -- --
Operating Gains Losses 1.4M 603,274 287,185 1.4M 2.9M
Taxes Refund Paid -- -- 0.00 -- --
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