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Lithium ION Energy Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 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 691,780 2.0M 2.3M 2.1M
General And Administrative Expense 608,941 1.3M 1.2M 1.4M
Depreciation And Amortization In Income Statement 0.00 704.00 845.00 --
Other Operating Expenses 42,216 217,127 300,502 103,794
Operating Expense 733,996 2.3M 2.6M 2.2M
Operating Income -733,996 -2.3M -2.6M -2.2M
EBIT -2.2M -2.4M -2.6M -2.2M
Interest Expense 2,902 0.00 -- --
Interest Expense Non Operating 2,902 0.00 -- --
Interest Income 0.00 2,080 25,436 0.00
Interest Income Non Operating 0.00 2,080 25,436 0.00
Net Interest Income -2,902 2,080 25,436 0.00
Other Income Expense -1.5M -145,939 -549.00 4,251
Other Non Operating Income Expenses 287,780 3,981 -165,168 6,721
Special Income Charges -1.7M -110,893 0.00 17,375
Write Off 32,722 110,893 -- --
Gain On Sale Of Security -18,891 -39,027 -549.00 -19,845
Pretax Income -2.2M -2.4M -2.5M -2.2M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -2.2M -2.4M -2.5M -2.2M
Net Income From Continuing Operation Net Minority Interest -2.2M -2.4M -2.5M -2.2M
Net Income Including Noncontrolling Interests -2.2M -2.4M -2.5M -2.2M
Net Income Common Stockholders -2.2M -2.4M -2.5M -2.2M
Net Income -2.2M -2.4M -2.5M -2.2M
EBITDA -2.2M -2.4M -2.6M -2.2M
Normalized EBITDA -446,216 -2.2M -2.6M -2.2M
Reconciled Depreciation 0.00 704.00 845.00 845.00
Basic EPS -0.03 -0.04 -0.04 -0.04
Diluted EPS -0.03 -0.04 -0.04 -0.04
Basic Average Shares 65.6M 62.5M 60.4M 57.0M
Diluted Average Shares 65.6M 62.5M 60.4M 57.0M
Total Unusual Items -1.8M -149,920 -549.00 -2,470
Total Unusual Items Excluding Goodwill -1.8M -149,920 -549.00 -2,470
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -449,118 -2.2M -2.5M -2.2M
Depreciation Amortization Depletion Income Statement 0.00 704.00 845.00 --
Depreciation Income Statement 0.00 704.00 845.00 --
Diluted NI Availto Com Stockholders -2.2M -2.4M -2.5M -2.2M
Impairment Of Capital Assets 1.8M 0.00 -- --
Net Income Continuous Operations -2.2M -2.4M -2.5M -2.2M
Net Non Operating Interest Income Expense -2,902 2,080 25,436 0.00
Other Gand A 558,824 1.0M 1.1M 1.1M
Other Special Charges -76,767 -- -- -17,375
Other Taxes -- 110,893 0.00 --
Salaries And Wages 50,117 247,485 65,078 268,261
Selling And Marketing Expense 82,839 780,006 1.0M 728,247
Total Expenses 733,996 2.3M 2.6M 2.2M
Total Other Finance Cost -- -- -25,436 --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 4,463 63,026 542,212 4.0M
Cash Cash Equivalents And Short Term Investments 4,463 63,026 542,212 4.0M
Accounts Receivable -- -- 281,592 144,029
Receivables 22,635 329,675 383,341 144,029
Prepaid Assets 3,920 39,578 219,548 275,625
Current Assets 31,018 432,279 1.1M 4.4M
Gross PPE 1.3M 2.9M 2.6M 2.1M
Accumulated Depreciation -19,475 -15,497 -12,037 -9,323
Net PPE 1.3M 2.9M 2.6M 2.1M
Investments And Advances 67,500 67,500 0.00 --
Long Term Equity Investment 67,500 67,500 0.00 --
Total Non Current Assets 1.3M 3.0M 2.6M 2.1M
Total Assets 1.4M 3.4M 3.7M 6.5M
Current Debt 50,924 25,000 -- --
Current Debt And Capital Lease Obligation 50,924 25,000 -- --
Payables And Accrued Expenses 1.2M 903,452 256,145 790,702
Current Liabilities 1.2M 928,452 256,145 790,702
Total Non Current Liabilities Net Minority Interest 0.00 264,520 253,560 0.00
Total Liabilities Net Minority Interest 1.2M 1.2M 509,705 790,702
Common Stock 11.2M 11.1M 10.0M 9.8M
Capital Stock 11.2M 11.1M 10.0M 9.8M
Additional Paid In Capital 4.4M 4.3M 4.0M 4.0M
Retained Earnings -15.2M -13.0M -10.6M -8.1M
Gains Losses Not Affecting Retained Earnings -125,184 -226,616 -193,760 -28,592
Other Equity Adjustments -125,184 -226,616 -193,760 -28,592
Common Stock Equity 176,148 2.2M 3.2M 5.7M
Stockholders Equity 176,148 2.2M 3.2M 5.7M
Total Equity Gross Minority Interest 176,148 2.2M 3.2M 5.7M
Total Capitalization 176,148 2.2M 3.2M 5.7M
Net Tangible Assets 176,148 2.2M 3.2M 5.7M
Tangible Book Value 176,148 2.2M 3.2M 5.7M
Working Capital -1.2M -496,173 888,956 3.6M
Invested Capital 227,072 2.2M 3.2M 5.7M
Total Debt 50,924 25,000 -- --
Net Debt 46,461 -- -- --
Share Issued 65.8M 65.4M 60.6M 60.3M
Ordinary Shares Number 65.8M 65.4M 60.6M 60.3M
Duefrom Related Parties Current 0.00 38,360 -- --
Investmentsin Joint Venturesat Cost 67,500 67,500 0.00 --
Machinery Furniture Equipment 2,816 2,816 2,816 2,816
Notes Receivable -- 0.00 101,749 0.00
Other Current Borrowings 50,924 25,000 -- --
Other Properties 1.3M 2.9M 2.6M 2.1M
Taxes Receivable 22,635 291,315 281,592 144,029
Tradeand Other Payables Non Current 0.00 264,520 253,560 0.00
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -16,772 -1.3M -2.8M -2.3M
Cash Flow From Continuing Operating Activities -16,772 -1.3M -2.8M -2.3M
Depreciation And Amortization 0.00 704.00 845.00 845.00
Depreciation Amortization Depletion 0.00 704.00 845.00 845.00
Stock Based Compensation 50,117 247,485 65,078 268,261
Deferred Tax -5,638 110,893 -- --
Deferred Income Tax -5,638 110,893 -- --
Change In Working Capital 509,204 667,601 -351,483 -311,927
Change In Receivables 274,318 -120,616 -126,563 -363,496
Change In Payables And Accrued Expense 199,228 646,607 -280,997 51,569
Other Non Cash Items -284,878 1,749 -1,749 -17,375
Capital Expenditure -49,141 -287,259 -688,087 -402,848
Net PPE Purchase And Sale -49,141 -287,259 -688,087 --
Sale Of Business -- -- -- 0.00
Investing Cash Flow -49,141 -287,259 -688,087 -402,848
Cash Flow From Continuing Investing Activities -49,141 -287,259 -688,087 -402,848
Issuance Of Debt 23,022 100,000 -- --
Repayment Of Debt -- -- -100,000 0.00
Net Issuance Payments Of Debt 23,022 100,000 -100,000 0.00
Issuance Of Capital Stock 0.00 1.0M 0.00 5.2M
Net Common Stock Issuance 0.00 1.0M 0.00 5.2M
Financing Cash Flow 23,022 1.1M 74,075 5.3M
Cash Flow From Continuing Financing Activities 23,022 1.1M 74,075 5.3M
Effect Of Exchange Rate Changes -15,672 14,336 -10,999 202.00
Changes In Cash -42,891 -493,522 -3.4M 2.7M
Beginning Cash Position 63,026 542,212 4.0M 1.3M
End Cash Position 4,463 63,026 542,212 4.0M
Free Cash Flow -65,913 -1.6M -3.5M -2.7M
Asset Impairment Charge 1.8M 0.00 -- --
Change In Prepaid Assets 35,658 141,610 56,077 --
Common Stock Issuance 0.00 1.0M 0.00 5.2M
Depreciation 0.00 704.00 845.00 845.00
Long Term Debt Payments -- -- -100,000 0.00
Net Business Purchase And Sale -- -- -- 0.00
Net Foreign Currency Exchange Gain Loss 23,260 35,960 15,274 3,685
Net Income From Continuing Operations -2.2M -2.4M -2.5M -2.2M
Net Intangibles Purchase And Sale -- -- -688,087 -402,848
Net Long Term Debt Issuance -- 100,000 -100,000 0.00
Net Other Financing Charges -- -66,108 -- -520,152
Net Short Term Debt Issuance 23,022 100,000 -- --
Operating Gains Losses 100,027 35,960 15,274 3,685
Proceeds From Stock Option Exercised 0.00 49,914 174,075 119,692
Purchase Of Intangibles -- -- -688,087 -402,848
Short Term Debt Issuance 23,022 100,000 -- --
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