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Highlander Silver Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 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 -- -- -- 3,059 26,759
Gross Profit -- -- -- -3,059 -26,759
Selling General And Administration 1.5M 1.6M 1.4M 987,353 508,597
General And Administrative Expense 1.4M 1.5M 1.3M 987,353 508,597
Other Operating Expenses 2.9M 3.6M 600,520 101,946 590,241
Operating Expense 4.4M 5.2M 2.0M 1.1M 1.1M
Operating Income -4.4M -5.2M -2.0M -1.1M -1.1M
EBIT -4.3M -4.9M -2.1M -1.2M -1.1M
Interest Expense 5,447 95,009 130,221 6,566 8,237
Interest Expense Non Operating 5,447 95,009 130,221 6,566 8,237
Interest Income 174,238 210,437 114,317 10,696 57,131
Interest Income Non Operating 174,238 210,437 114,317 10,696 57,131
Net Interest Income 168,791 115,428 -15,904 4,130 48,894
Other Income Expense -46,352 111,311 -180,502 -98,991 -86,582
Other Non Operating Income Expenses -- -- -- 45.00 --
Special Income Charges 0.00 -5,649 -176,403 137,294 -86,582
Write Off 0.00 5,649 176,403 -- 86,540
Gain On Sale Of Security -46,352 116,960 -4,099 -236,330 -7,710
Pretax Income -4.3M -5.0M -2.2M -1.2M -1.1M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -4.3M -5.0M -2.2M -1.2M -1.1M
Net Income From Continuing Operation Net Minority Interest -4.3M -5.0M -2.2M -1.2M -1.1M
Net Income Including Noncontrolling Interests -4.3M -5.0M -2.2M -1.2M -1.1M
Net Income Common Stockholders -4.3M -5.0M -2.2M -1.2M -1.1M
Net Income -4.3M -5.0M -2.2M -1.2M -1.1M
EBITDA -4.3M -4.9M -2.1M -1.2M -1.1M
Normalized EBITDA -4.2M -5.0M -1.9M -1.1M -1.0M
Reconciled Depreciation 14,757 6,922 3,445 3,059 26,759
Basic EPS -0.04 -0.05 -0.03 -0.01 -0.01
Diluted EPS -0.04 -0.05 -0.03 -0.01 -0.01
Basic Average Shares 105.7M 105.1M 86.9M 81.6M 81.0M
Diluted Average Shares 105.7M 105.1M 86.9M 81.6M 81.0M
Total Unusual Items -46,352 111,311 -180,502 -99,036 -86,582
Total Unusual Items Excluding Goodwill -46,352 111,311 -180,502 -99,036 -86,582
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -4.2M -5.1M -2.0M -1.1M -1.0M
Diluted NI Availto Com Stockholders -4.3M -5.0M -2.2M -1.2M -1.1M
Gain On Sale Of Ppe 0.00 0.00 0.00 137,294 20.00
Impairment Of Capital Assets 0.00 0.00 0.00 0.00 62.00
Net Income Continuous Operations -4.3M -5.0M -2.2M -1.2M -1.1M
Net Non Operating Interest Income Expense 168,791 115,428 -15,904 4,130 48,894
Other Gand A 331,932 415,205 326,993 310,059 339,382
Reconciled Cost Of Revenue -- -- -- 3,059 26,759
Salaries And Wages 1.1M 1.1M 1.0M 677,294 169,215
Selling And Marketing Expense 112,521 69,906 77,899 0.00 0.00
Total Expenses 4.4M 5.2M 2.0M 1.1M 1.1M
Total Operating Income As Reported -4.4M -5.2M -2.0M -1.3M -1.1M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 102.4M 24.3M 30.3M 1.7M 2.5M
Cash Cash Equivalents And Short Term Investments 102.4M 24.3M 30.3M 1.7M 2.5M
Accounts Receivable 93,968 54,736 89,483 240,885 290,357
Receivables 279,577 253,950 89,483 240,885 290,357
Prepaid Assets -- 145,541 20,078 27,130 25,536
Other Current Assets 220,672 -- -- -- --
Current Assets 102.9M 24.7M 30.4M 1.9M 2.8M
Gross PPE -- -- -- -- 12.3M
Accumulated Depreciation -- -- -- -- -108,085
Net PPE 12.2M 11.7M 11.8M 13.4M 12.2M
Other Non Current Assets 60,630 59,610 62,842 61,868 59,052
Total Non Current Assets 12.5M 11.8M 12.0M 13.6M 12.4M
Total Assets 115.5M 36.5M 42.4M 15.5M 15.2M
Accounts Payable 1.8M 1.1M 556,349 407,648 372,481
Payables 3.6M 2.8M 2.4M 2.2M 2.1M
Payables And Accrued Expenses 3.6M 2.8M 2.4M 2.2M 2.1M
Current Liabilities 3.6M 2.8M 2.4M 2.2M 2.1M
Total Non Current Liabilities Net Minority Interest 634,151 572,201 2.3M 2.3M 2.2M
Total Liabilities Net Minority Interest 4.2M 3.4M 4.7M 4.5M 4.2M
Common Stock 131.8M 50.2M 50.1M 19.9M 19.5M
Capital Stock 131.8M 50.2M 50.1M 19.9M 19.5M
Retained Earnings -24.4M -20.1M -15.1M -11.3M -10.1M
Gains Losses Not Affecting Retained Earnings 3.8M 3.0M 2.7M 2.4M 1.5M
Other Equity Adjustments 3.3M 2.9M 2.4M 2.0M 1.7M
Common Stock Equity 111.3M 33.1M 37.7M 11.0M 10.9M
Stockholders Equity 111.3M 33.1M 37.7M 11.0M 10.9M
Total Equity Gross Minority Interest 111.3M 33.1M 37.7M 11.0M 10.9M
Total Capitalization 111.3M 33.1M 37.7M 11.0M 10.9M
Net Tangible Assets 111.3M 33.1M 37.7M 11.0M 10.9M
Tangible Book Value 111.3M 33.1M 37.7M 11.0M 10.9M
Working Capital 99.4M 21.9M 28.1M -266,455 756,931
Invested Capital 111.3M 33.1M 37.7M 11.0M 10.9M
Share Issued 128.6M 105.5M 104.9M 81.7M 81.2M
Ordinary Shares Number 128.6M 105.5M 104.9M 81.7M 81.2M
Construction In Progress -- -- -- -- 57,063
Foreign Currency Translation Adjustments 505,676 100,762 317,629 350,957 -237,224
Long Term Provisions 634,151 572,201 535,962 516,892 492,426
Machinery Furniture Equipment -- -- -- -- 92,744
Non Current Accounts Receivable 248,803 22,311 95,898 93,898 89,730
Non Current Deferred Liabilities -- -- -- -- --
Non Current Deferred Taxes Liabilities -- -- -- -- --
Other Equity Interest -- -- -- -- 46,319
Other Payable 1.7M 1.7M 1.8M 1.8M 1.7M
Other Properties -- -- -- -- 12.2M
Taxes Receivable 185,609 199,214 -- -- --
Tradeand Other Payables Non Current 0.00 0.00 1.8M 1.8M 1.7M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow -3.7M -4.3M -1.5M -387,078 -1.1M
Cash Flow From Continuing Operating Activities -3.7M -4.3M -1.5M -387,078 -1.1M
Depreciation And Amortization 14,757 6,922 3,445 3,059 26,759
Depreciation Amortization Depletion 14,757 6,922 3,445 3,059 26,759
Stock Based Compensation 482,489 476,897 465,425 637,873 78,121
Change In Working Capital 111,809 449,850 5,384 78,877 -136,428
Changes In Account Receivables -39,232 -363.00 -- -- -118,323
Change In Receivables -252,119 -96,529 -26,967 45,304 -121,879
Change In Payables And Accrued Expense 439,059 671,842 25,333 35,167 -28,686
Other Non Cash Items -124,046 -83,992 63,119 -4,130 80,243
Capital Expenditure -74,347 -96,489 -38,916 -- -283,132
Purchase Of PPE -74,347 -96,489 -38,916 -- -283,132
Net PPE Purchase And Sale -74,347 -96,489 -38,916 137,294 -282,848
Purchase Of Business 0.00 -1.7M -- -- -57,561
Sale Of Business -- 0.00 -- -- -57,561
Investing Cash Flow 99,279 -1.6M 28,186 -319,557 -340,063
Cash Flow From Continuing Investing Activities 99,279 -1.6M 28,186 -319,557 -340,063
Issuance Of Capital Stock 81.8M -- 30.0M 0.00 0.00
Net Common Stock Issuance 81.8M -- 30.0M 0.00 0.00
Financing Cash Flow 81.8M -123,367 30.1M 3,750 0.00
Cash Flow From Continuing Financing Activities 81.8M -123,367 30.1M 3,750 0.00
Effect Of Exchange Rate Changes -44,431 -30,990 775.00 -126,206 557,202
Changes In Cash 78.2M -6.0M 28.6M -702,885 -1.5M
Beginning Cash Position 24.3M 30.3M 1.7M 2.5M 3.4M
End Cash Position 102.4M 24.3M 30.3M 1.7M 2.5M
Free Cash Flow -3.8M -4.4M -1.6M -387,078 -1.4M
Asset Impairment Charge 0.00 5,649 176,403 0.00 86,602
Change In Prepaid Assets -75,131 -125,463 7,018 -1,594 14,137
Common Stock Issuance 81.8M -- 30.0M 0.00 0.00
Depreciation 14,757 6,922 3,445 3,059 26,759
Gain Loss On Sale Of PPE 0.00 0.00 0.00 -137,294 0.00
Interest Received Cfi 173,626 209,278 67,102 10,696 346.00
Net Business Purchase And Sale 0.00 -1.7M -- -- -57,561
Net Foreign Currency Exchange Gain Loss 49,973 -162,013 -36,578 221,756 -115,042
Net Income From Continuing Operations -4.3M -5.0M -2.2M -1.2M -1.1M
Net Other Financing Charges -- -213,367 30.0M -- 0.00
Net Other Investing Changes -- -- -- -467,547 -911,752
Operating Gains Losses 49,973 -162,013 -36,578 84,462 -115,042
Proceeds From Stock Option Exercised 16,455 90,000 86,600 3,750 0.00
Sale Of PPE 0.00 0.00 0.00 137,294 284.00
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