International Prospect Ventures Ltd.
Financial Statements (IFRS) · Amounts in CAD
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 |
| Cost Of Revenue | -- | -245,014 | 187,527 | 187,250 |
| Gross Profit | -- | 245,014 | -187,527 | -187,250 |
| Selling General And Administration | 344,458 | 227,488 | 254,649 | 302,331 |
| General And Administrative Expense | 344,458 | 227,488 | 254,649 | 302,331 |
| Other Operating Expenses | 225,498 | -245,014 | 475,149 | 290,677 |
| Operating Expense | 569,956 | -17,526 | 729,798 | 593,008 |
| Operating Income | -569,956 | 17,526 | -729,798 | -593,008 |
| EBIT | -632,589 | 14,797 | -732,637 | -1.3M |
| Interest Expense | 1,397 | 2,033 | 2,200 | 3,036 |
| Interest Expense Non Operating | 1,397 | 2,033 | 2,200 | 3,036 |
| Interest Income | 748.00 | 199.00 | 238.00 | 322.00 |
| Interest Income Non Operating | 748.00 | 199.00 | 238.00 | 322.00 |
| Net Interest Income | -649.00 | -1,834 | -1,962 | -2,714 |
| Other Income Expense | -63,381 | -2,928 | -3,077 | -756,517 |
| Special Income Charges | 57,000 | 0.00 | -10,000 | -752,164 |
| Write Off | -- | -- | 10,000 | 10,000 |
| Gain On Sale Of Security | -120,381 | -2,928 | -3,077 | -4,353 |
| Pretax Income | -633,986 | 12,764 | -734,837 | -1.4M |
| Tax Effect Of Unusual Items | 0.00 | -1,171 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -633,986 | 12,764 | -734,837 | -1.4M |
| Net Income From Continuing Operation Net Minority Interest | -633,986 | 12,764 | -734,837 | -1.4M |
| Net Income Including Noncontrolling Interests | -633,986 | 12,764 | -734,837 | -1.4M |
| Net Income Common Stockholders | -633,986 | 12,764 | -734,837 | -1.4M |
| Net Income | -633,986 | 12,764 | -734,837 | -1.4M |
| EBITDA | -632,589 | 14,797 | -732,637 | -1.3M |
| Normalized EBITDA | -569,208 | 17,725 | -729,560 | -592,686 |
| Basic EPS | -0.01 | 0.00 | -0.02 | -0.04 |
| Diluted EPS | -0.01 | 0.00 | -0.02 | -0.04 |
| Basic Average Shares | 56.6M | 50.7M | 40.4M | 36.4M |
| Diluted Average Shares | 56.6M | 50.7M | 40.4M | 36.4M |
| Total Unusual Items | -63,381 | -2,928 | -3,077 | -756,517 |
| Total Unusual Items Excluding Goodwill | -63,381 | -2,928 | -3,077 | -756,517 |
| Tax Rate For Calcs | 0.00 | 0.40 | 0.00 | 0.00 |
| Normalized Income | -570,605 | 14,521 | -731,760 | -595,722 |
| Diluted NI Availto Com Stockholders | -633,986 | 12,764 | -734,837 | -1.4M |
| Impairment Of Capital Assets | -- | -- | 0.00 | 742,164 |
| Net Income Continuous Operations | -633,986 | 12,764 | -734,837 | -1.4M |
| Net Non Operating Interest Income Expense | -649.00 | -1,834 | -1,962 | -2,714 |
| Other Gand A | 236,777 | 227,488 | 201,907 | 219,542 |
| Other Special Charges | -57,000 | -- | -- | -- |
| Reconciled Cost Of Revenue | -- | -245,014 | 187,527 | 187,250 |
| Salaries And Wages | 107,681 | 0.00 | 52,742 | 82,789 |
| Total Expenses | 569,956 | -17,526 | 729,798 | 593,008 |
| Total Operating Income As Reported | -462,275 | 17,526 | -729,798 | -1.3M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 90,633 | 41,785 | 409,808 | 445,345 |
| Cash Cash Equivalents And Short Term Investments | 109,113 | 341,785 | 409,808 | 445,345 |
| Cash Equivalents | 76,593 | 0.00 | -- | -- |
| Cash Financial | 14,040 | 41,785 | 409,808 | 445,345 |
| Other Short Term Investments | 18,480 | 300,000 | 0.00 | -- |
| Receivables | 35,371 | 3,810 | 16,369 | 46,737 |
| Prepaid Assets | 5,178 | 10,138 | 12,760 | 12,760 |
| Current Assets | 149,662 | 355,733 | 438,937 | 504,842 |
| Net PPE | -- | 240,000 | 0.00 | 92,978 |
| Investments And Advances | 266,667 | 240,000 | 0.00 | -- |
| Total Non Current Assets | 266,667 | 240,000 | 0.00 | 92,978 |
| Total Assets | 416,329 | 595,733 | 438,937 | 597,820 |
| Accounts Payable | 44,696 | 54,363 | 36,602 | 14,962 |
| Payables | 93,584 | 189,030 | 62,998 | 35,536 |
| Payables And Accrued Expenses | 93,584 | 189,030 | 62,998 | 35,536 |
| Current Liabilities | 93,584 | 189,030 | 62,998 | 35,536 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 93,584 | 189,030 | 62,998 | 35,536 |
| Common Stock | 5.6M | 5.1M | 5.1M | 4.6M |
| Capital Stock | 5.6M | 5.1M | 5.1M | 4.6M |
| Additional Paid In Capital | 482,328 | 454,532 | 454,532 | 420,816 |
| Retained Earnings | -6.3M | -5.6M | -5.7M | -4.8M |
| Common Stock Equity | 322,745 | 406,703 | 375,939 | 562,284 |
| Stockholders Equity | 322,745 | 406,703 | 375,939 | 562,284 |
| Total Equity Gross Minority Interest | 322,745 | 406,703 | 375,939 | 562,284 |
| Total Capitalization | 322,745 | 406,703 | 375,939 | 562,284 |
| Net Tangible Assets | 322,745 | 406,703 | 375,939 | 562,284 |
| Tangible Book Value | 322,745 | 406,703 | 375,939 | 562,284 |
| Working Capital | 56,078 | 166,703 | 375,939 | 469,306 |
| Invested Capital | 322,745 | 406,703 | 375,939 | 562,284 |
| Share Issued | 60.6M | 51.2M | 50.6M | 39.0M |
| Ordinary Shares Number | 60.6M | 51.2M | 50.6M | 39.0M |
| Available For Sale Securities | 266,667 | 240,000 | -- | -- |
| Duefrom Related Parties Current | 5,547 | 0.00 | -- | -- |
| Dueto Related Parties Current | 48,888 | 134,667 | 26,396 | 20,574 |
| Investmentin Financial Assets | 266,667 | 240,000 | -- | -- |
| Other Equity Interest | 560,466 | 497,628 | 497,628 | 405,477 |
| Other Receivables | -- | -- | 2,906 | -- |
| Taxes Receivable | 29,824 | 3,810 | 13,463 | 46,737 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -456,236 | -368,023 | -512,815 | -635,790 |
| Cash Flow From Continuing Operating Activities | -456,236 | -368,023 | -512,815 | -635,790 |
| Stock Based Compensation | 107,681 | 0.00 | 33,716 | 67,052 |
| Change In Working Capital | 500.00 | 141,213 | 59,856 | -102,767 |
| Change In Receivables | -- | 9,653 | 33,274 | -34,886 |
| Change In Payables And Accrued Expense | 27,101 | 126,032 | 27,462 | -61,059 |
| Change In Payable | 27,101 | 126,032 | 27,462 | -61,059 |
| Change In Other Current Assets | -26,601 | 15,181 | -- | -- |
| Other Non Cash Items | -- | -522,000 | 128,450 | -- |
| Capital Expenditure | -- | -- | -71,712 | -169,934 |
| Purchase Of PPE | -- | -- | -71,712 | -169,934 |
| Net PPE Purchase And Sale | -- | -- | -71,712 | -169,934 |
| Sale Of Investment | 128,284 | 0.00 | -- | -- |
| Net Investment Purchase And Sale | 128,284 | 0.00 | -- | -- |
| Investing Cash Flow | 128,284 | 0.00 | -71,712 | -169,934 |
| Cash Flow From Continuing Investing Activities | 128,284 | 0.00 | -71,712 | -169,934 |
| Issuance Of Capital Stock | 305,000 | 0.00 | 500,000 | 800,250 |
| Net Common Stock Issuance | 305,000 | 0.00 | 500,000 | 800,250 |
| Financing Cash Flow | 376,800 | 0.00 | 477,278 | 782,926 |
| Cash Flow From Continuing Financing Activities | 376,800 | 0.00 | 477,278 | 782,926 |
| Changes In Cash | 48,848 | -368,023 | -35,537 | -22,798 |
| Beginning Cash Position | 41,785 | 409,808 | 445,345 | 468,143 |
| End Cash Position | 90,633 | 41,785 | 409,808 | 445,345 |
| Free Cash Flow | -456,236 | -368,023 | -512,815 | -805,724 |
| Asset Impairment Charge | -- | -- | 10,000 | 752,164 |
| Change In Account Payable | -9,667 | 17,761 | 21,640 | -4,409 |
| Change In Prepaid Assets | -- | 5,528 | -880.00 | -6,822 |
| Common Stock Issuance | 305,000 | 0.00 | 500,000 | 800,250 |
| Net Income From Continuing Operations | -633,986 | 12,764 | -734,837 | -1.4M |
| Net Other Financing Charges | -30,625 | -- | -22,722 | -23,824 |
| Operating Gains Losses | -57,000 | -- | -- | -- |
| Proceeds From Stock Option Exercised | 102,425 | 0.00 | 0.00 | 6,500 |
| Unrealized Gain Loss On Investment Securities | 126,569 | 0.00 | -- | -- |