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Kenorland Minerals 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 2.9M 3.7M 2.5M 2.0M
Operating Revenue 2.9M 3.7M 2.5M 2.0M
Cost Of Revenue 92,102 55,592 16,542 33,343
Gross Profit 2.8M 3.7M 2.5M 2.0M
Selling General And Administration 5.9M 5.0M 3.8M 2.9M
General And Administrative Expense 5.7M 4.9M 3.4M 2.4M
Other Operating Expenses 699,178 595,917 508,089 508,835
Operating Expense 6.6M 5.6M 4.3M 3.4M
Operating Income -3.9M -1.9M -1.8M -1.5M
EBIT -2.1M -4.4M 19.0M 1.0M
Interest Expense 30,728 21,554 220.00 1,965
Interest Expense Non Operating 30,728 21,554 220.00 1,965
Interest Income 1.5M 998,572 120,603 1,233
Interest Income Non Operating 1.5M 998,572 120,603 1,233
Net Interest Income 1.5M 977,018 120,383 -732.00
Other Income Expense 183,290 -3.4M 20.7M 2.5M
Other Non Operating Income Expenses 1.2M -- -- --
Special Income Charges -711,649 3.1M 4.5M 2.4M
Restructuring And Mergern Acquisition -- -- -- 0.00
Gain On Sale Of Security -237,038 -6.4M 16.4M 285,345
Earnings From Equity Interest -114,120 -170,159 -155,607 -153,941
Pretax Income -2.2M -4.4M 19.0M 1.0M
Tax Provision 1.5M 39,848 2.7M 0.00
Tax Effect Of Unusual Items -142,303 -1.3M 3.0M 0.00
Net Income From Continuing And Discontinued Operation -3.7M -4.4M 16.2M 1.1M
Net Income From Continuing Operation Net Minority Interest -3.7M -4.4M 16.2M 1.1M
Net Income Including Noncontrolling Interests -3.7M -4.4M 16.2M 1.0M
Minority Interests -- -- 0.00 104,065
Net Income Common Stockholders -3.7M -4.4M 16.2M 1.1M
Net Income -3.7M -4.4M 16.2M 1.1M
EBITDA -2.1M -4.3M 19.0M 1.0M
Normalized EBITDA -1.1M -1.1M -1.8M -1.6M
Reconciled Depreciation 92,102 55,592 16,542 33,343
Basic EPS -0.05 -0.07 0.30 0.02
Diluted EPS -0.05 -0.07 0.27 0.02
Basic Average Shares 71.0M 63.1M 54.7M 47.0M
Diluted Average Shares 71.0M 63.1M 59.1M 52.8M
Total Unusual Items -948,687 -3.2M 20.8M 2.6M
Total Unusual Items Excluding Goodwill -948,687 -3.2M 20.8M 2.6M
Tax Rate For Calcs 0.15 0.40 0.14 0.00
Normalized Income -2.9M -2.5M -1.6M -1.5M
Diluted NI Availto Com Stockholders -3.7M -4.4M 16.2M 1.1M
Gain On Sale Of Business 0.00 43,816 0.00 1.3M
Gain On Sale Of Ppe 320,539 3.1M 4.5M 1.1M
Impairment Of Capital Assets 1.0M 54,171 0.00 --
Insurance And Claims 56,950 58,898 53,567 59,622
Net Income Continuous Operations -3.7M -4.4M 16.2M 1.0M
Net Non Operating Interest Income Expense 1.5M 977,018 120,383 -732.00
Other Gand A 728,627 687,116 639,220 580,755
Reconciled Cost Of Revenue 92,102 55,592 16,542 33,343
Salaries And Wages 4.9M 4.1M 2.8M 1.7M
Selling And Marketing Expense 265,188 169,091 334,983 559,864
Total Expenses 6.7M 5.7M 4.3M 3.5M
Total Operating Income As Reported -3.9M -2.0M -1.8M -1.5M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 28.2M 25.4M 24.1M 9.4M
Cash Cash Equivalents And Short Term Investments 28.2M 25.4M 24.1M 9.4M
Cash Financial -- -- -- 9.4M
Accounts Receivable 148,802 142,334 179,555 168,118
Receivables 1.7M 3.2M 2.4M 1.9M
Prepaid Assets 485,445 520,196 1.3M 113,071
Current Assets 30.4M 29.2M 27.9M 11.4M
Gross PPE 25.4M 17.6M 13.7M 10.7M
Accumulated Depreciation -241,746 -149,644 -95,452 -78,910
Net PPE 25.1M 17.4M 13.6M 10.6M
Investments And Advances 3.4M 3.5M 14.0M 2.4M
Long Term Equity Investment 610,052 724,172 1.1M 1.2M
Total Non Current Assets 28.5M 20.9M 27.7M 13.0M
Total Assets 58.9M 50.1M 55.6M 24.5M
Current Debt And Capital Lease Obligation 80,257 69,251 -- 12,475
Accounts Payable 262,195 831,142 1.3M 907,361
Payables 286,468 1.1M 1.8M 925,224
Payables And Accrued Expenses 970,392 1.9M 2.3M 1.3M
Current Accrued Expenses 683,924 758,285 488,220 355,865
Other Current Liabilities 1.0M -- -- --
Current Liabilities 5.6M 5.7M 8.3M 3.3M
Long Term Debt -- 217,705 -- 100,000
Long Term Debt And Capital Lease Obligation 137,448 217,705 -- 100,000
Long Term Capital Lease Obligation 137,448 -- -- 0.00
Total Non Current Liabilities Net Minority Interest 3.6M 1.9M 2.3M 710,456
Total Liabilities Net Minority Interest 9.2M 7.6M 10.6M 4.0M
Common Stock 40.8M 30.8M 30.6M 23.1M
Capital Stock 40.8M 30.8M 30.6M 23.1M
Retained Earnings 3.7M 7.1M 11.1M -5.2M
Gains Losses Not Affecting Retained Earnings 5.1M 4.5M 3.2M 2.6M
Common Stock Equity 49.6M 42.4M 45.0M 20.5M
Stockholders Equity 49.6M 42.4M 45.0M 20.5M
Total Equity Gross Minority Interest 49.6M 42.4M 45.0M 20.5M
Total Capitalization 49.6M 42.7M 45.0M 20.6M
Net Tangible Assets 49.6M 42.4M 45.0M 20.5M
Tangible Book Value 49.6M 42.4M 45.0M 20.5M
Working Capital 24.7M 23.4M 19.6M 8.2M
Invested Capital 49.6M 42.7M 45.0M 20.6M
Total Debt 217,705 286,956 0.00 112,475
Share Issued 76.6M 63.6M 62.6M 51.6M
Ordinary Shares Number 76.6M 63.6M 62.6M 51.6M
Available For Sale Securities 2.8M 2.8M 13.0M 1.2M
Buildings And Improvements 401,375 401,375 78,107 78,107
Capital Lease Obligations 217,705 69,251 0.00 12,475
Current Capital Lease Obligation 80,257 69,251 0.00 12,475
Current Deferred Liabilities 3.5M 3.8M 6.0M 2.0M
Employee Benefits -- -- 0.00 610,456
Financial Assets 0.00 0.00 10,723 --
Income Tax Payable 0.00 268,456 389,608 0.00
Investmentin Financial Assets 2.8M 2.8M 13.0M 1.2M
Investments In Other Ventures Under Equity Method -- -- 13.0M 1.2M
Investmentsin Associatesat Cost 610,052 724,172 1.1M 1.2M
Leases 0.00 0.00 9,349 0.00
Machinery Furniture Equipment 71,428 66,647 25,464 21,885
Non Current Deferred Liabilities 3.5M 1.7M 2.3M 0.00
Non Current Deferred Taxes Liabilities 3.5M 1.7M 2.3M 0.00
Non Current Prepaid Assets -- -- -- 0.00
Other Properties 24.9M 17.1M 13.6M 10.6M
Other Receivables 1.2M 538,108 600,495 207,785
Taxes Receivable 304,655 2.5M 1.6M 1.5M
Total Tax Payable 24,273 311,483 426,014 17,863
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 1.1M -137,975 -1.5M -3.0M
Cash Flow From Continuing Operating Activities 1.1M -137,975 -1.5M -3.0M
Depreciation And Amortization 92,102 55,592 16,542 33,343
Depreciation Amortization Depletion 92,102 55,592 16,542 33,343
Stock Based Compensation 2.2M 1.7M 927,833 868,839
Deferred Tax 1.8M -639,000 2.3M 0.00
Deferred Income Tax 1.8M -639,000 2.3M 0.00
Change In Working Capital 862,861 -215,874 -409,217 -2.4M
Change In Receivables 1.5M -781,357 -568,384 -874,260
Change In Payables And Accrued Expense -701,929 -215,570 1.3M -1.6M
Change In Payable -701,929 -215,570 1.3M -1.6M
Other Non Cash Items -1.2M 21,554 -29,780 1,965
Capital Expenditure -4,781 -41,183 -12,928 -18.7M
Purchase Of PPE -4,781 -41,183 -12,928 0.00
Net PPE Purchase And Sale 6.9M 16.5M 18.2M 12.2M
Purchase Of Business -- -- 0.00 -267,532
Sale Of Business 0.00 50,000 0.00 0.00
Purchase Of Investment 0.00 -240,000 0.00 0.00
Sale Of Investment 0.00 7.2M 9.0M 1.1M
Net Investment Purchase And Sale 0.00 7.0M 9.0M 1.1M
Investing Cash Flow -9.1M 1.4M 9.7M -5.4M
Cash Flow From Continuing Investing Activities -9.1M 1.4M 9.7M -5.4M
Issuance Of Debt -- -- -- 20,000
Repayment Of Debt -99,979 -57,866 -12,695 -30,464
Net Issuance Payments Of Debt -99,979 -57,866 -82,695 -10,464
Issuance Of Capital Stock 10.3M 32,154 7.5M 5.2M
Net Common Stock Issuance 10.3M 32,154 7.5M 5.2M
Financing Cash Flow 10.7M 34,288 6.6M 5.3M
Cash Flow From Continuing Financing Activities 10.7M 34,288 6.6M 5.3M
Effect Of Exchange Rate Changes -- -- -- 0.00
Changes In Cash 2.8M 1.3M 14.7M -3.1M
Beginning Cash Position 25.4M 24.1M 9.4M 12.5M
End Cash Position 28.2M 25.4M 24.1M 9.4M
Free Cash Flow 1.1M -179,158 -1.5M -3.0M
Asset Impairment Charge 1.0M 54,171 0.00 --
Change In Account Payable -433,473 -94,418 957,737 -1.6M
Change In Income Tax Payable -268,456 -121,152 389,608 0.00
Change In Prepaid Assets 34,751 781,053 -1.2M 74,221
Change In Tax Payable -268,456 -121,152 389,608 0.00
Common Stock Issuance 10.3M 32,154 7.5M 5.2M
Depreciation 92,102 55,592 16,542 33,343
Earnings Losses From Equity Investments 114,120 170,159 155,607 153,941
Gain Loss On Investment Securities -- -5.0M -7.5M -417,117
Gain Loss On Sale Of Business 0.00 -43,816 0.00 -1.3M
Gain Loss On Sale Of PPE -320,539 -3.1M -4.5M -1.1M
Long Term Debt Issuance -- -- -- 20,000
Long Term Debt Payments -99,979 -57,866 -12,695 -30,464
Net Business Purchase And Sale 0.00 50,000 0.00 -267,532
Net Income From Continuing Operations -3.7M -4.4M 16.2M 1.0M
Net Long Term Debt Issuance -99,979 -57,866 -82,695 -10,464
Net Other Financing Charges -63,908 -- -860,047 -50,586
Net Other Investing Changes -16.0M -22.2M -17.5M -18.5M
Operating Gains Losses -206,419 -8.0M -11.8M -2.6M
Proceeds From Stock Option Exercised 548,997 60,000 12,500 137,837
Sale Of PPE 6.9M 16.6M 18.2M 12.2M
Unrealized Gain Loss On Investment Securities 283,486 11.3M -8.8M 78,758
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