Argentina Lithium & Energy Corp.
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 |
| Selling General And Administration | 1.9M | 2.4M | 2.8M | 832,986 |
| General And Administrative Expense | 1.9M | 2.4M | 2.8M | 832,986 |
| Research And Development | 961,224 | 1.7M | 1.5M | 1.0M |
| Other Operating Expenses | 18.8M | 9.6M | 4.4M | 210,461 |
| Operating Expense | 21.7M | 13.6M | 8.6M | 2.0M |
| Operating Income | -21.7M | -13.6M | -8.6M | -2.0M |
| EBIT | -22.0M | -56.0M | -8.6M | -2.0M |
| Interest Expense | 40,976 | 0.00 | 0.00 | 2,334 |
| Interest Expense Non Operating | 40,976 | 0.00 | 0.00 | 2,334 |
| Interest Income | 47,181 | 1.1M | 539,365 | 33,134 |
| Interest Income Non Operating | 47,181 | 1.1M | 539,365 | 33,134 |
| Net Interest Income | 6,205 | 1.1M | 539,365 | 30,800 |
| Other Income Expense | -298,826 | -43.4M | -408,335 | 14,482 |
| Special Income Charges | -4.8M | 0.00 | -- | 0.00 |
| Gain On Sale Of Security | 4.5M | -43.4M | -408,335 | 14,482 |
| Pretax Income | -22.0M | -56.0M | -8.5M | -2.0M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -17.6M | -45.9M | -8.5M | -2.0M |
| Net Income From Continuing Operation Net Minority Interest | -17.6M | -45.9M | -8.5M | -2.0M |
| Net Income Including Noncontrolling Interests | -22.0M | -56.0M | -8.5M | -2.0M |
| Minority Interests | 4.4M | 10.1M | 0.00 | -- |
| Net Income Common Stockholders | -17.6M | -45.9M | -8.5M | -2.0M |
| Net Income | -17.6M | -45.9M | -8.5M | -2.0M |
| EBITDA | -22.0M | -56.0M | -8.6M | -2.0M |
| Normalized EBITDA | -21.7M | -12.6M | -8.2M | -2.0M |
| Reconciled Depreciation | 9,315 | 0.00 | -- | -- |
| Basic EPS | -0.13 | -0.35 | -0.10 | -0.04 |
| Diluted EPS | -0.13 | -0.35 | -0.10 | -0.04 |
| Basic Average Shares | 133.6M | 130.2M | 84.6M | 45.7M |
| Diluted Average Shares | 133.6M | 130.2M | 84.6M | 45.7M |
| Total Unusual Items | -298,826 | -43.4M | -408,335 | 14,482 |
| Total Unusual Items Excluding Goodwill | -298,826 | -43.4M | -408,335 | 14,482 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -17.3M | -2.5M | -8.1M | -2.0M |
| Diluted NI Availto Com Stockholders | -17.6M | -45.9M | -8.5M | -2.0M |
| Impairment Of Capital Assets | 4.8M | 0.00 | -- | 0.00 |
| Net Income Continuous Operations | -22.0M | -56.0M | -8.5M | -2.0M |
| Net Non Operating Interest Income Expense | 6,205 | 1.1M | 539,365 | 30,800 |
| Other Gand A | 1.9M | 2.2M | 928,606 | 322,822 |
| Rent And Landing Fees | 37,922 | 32,131 | 17,240 | 17,240 |
| Rent Expense Supplemental | 37,922 | 32,131 | 17,240 | 17,240 |
| Salaries And Wages | 0.00 | 79,311 | 1.8M | 492,924 |
| Total Expenses | 21.7M | 13.6M | 8.6M | 2.0M |
| Total Operating Income As Reported | -21.7M | -13.6M | -8.6M | 2.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 509,441 | 6.1M | 8.1M | 6.4M |
| Cash Cash Equivalents And Short Term Investments | 509,441 | 6.1M | 8.1M | 6.4M |
| Accounts Receivable | 19,971 | 70,269 | 112,324 | 29,907 |
| Receivables | 19,971 | 70,269 | 112,324 | 29,907 |
| Prepaid Assets | 7.9M | 49.5M | 174,848 | 39,183 |
| Current Assets | 8.4M | 61.4M | 8.4M | 6.5M |
| Net PPE | 20.1M | 19.1M | 7.2M | 2.1M |
| Investments And Advances | 0.00 | 1.3M | 0.00 | -- |
| Total Non Current Assets | 49.5M | 20.4M | 7.2M | 2.1M |
| Total Assets | 57.9M | 81.8M | 15.6M | 8.6M |
| Current Debt | 435,127 | -- | -- | -- |
| Current Debt And Capital Lease Obligation | 435,127 | -- | -- | -- |
| Accounts Payable | 1.9M | 1.6M | -- | -- |
| Payables | 1.9M | 1.6M | -- | -- |
| Payables And Accrued Expenses | 2.0M | 1.6M | 1.9M | 976,497 |
| Current Accrued Expenses | 40,976 | 0.00 | -- | -- |
| Other Current Liabilities | 876,684 | 4.4M | -- | -- |
| Current Liabilities | 3.3M | 5.9M | 1.9M | 976,497 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 3.3M | 5.9M | 1.9M | 976,497 |
| Common Stock | 38.8M | 38.2M | 37.6M | 28.3M |
| Capital Stock | 38.8M | 38.2M | 37.6M | 28.3M |
| Additional Paid In Capital | 8.7M | 6.4M | 5.3M | 5.3M |
| Retained Earnings | -7.4M | 10.3M | -39.0M | -30.5M |
| Gains Losses Not Affecting Retained Earnings | -- | 14.9M | -- | 9.3M |
| Common Stock Equity | 46.5M | 63.4M | 13.7M | 7.6M |
| Stockholders Equity | 46.5M | 63.4M | 13.7M | 7.6M |
| Total Equity Gross Minority Interest | 54.6M | 75.9M | 13.7M | 7.6M |
| Minority Interest | 8.1M | 12.4M | 0.00 | -- |
| Total Capitalization | 46.5M | 63.4M | 13.7M | 7.6M |
| Net Tangible Assets | 46.5M | 63.4M | 13.7M | 7.6M |
| Tangible Book Value | 46.5M | 63.4M | 13.7M | 7.6M |
| Working Capital | 5.1M | 55.5M | 6.5M | 5.5M |
| Invested Capital | 47.0M | 63.4M | 13.7M | 7.6M |
| Total Debt | 435,127 | -- | -- | -- |
| Share Issued | 134.2M | 131.2M | 129.3M | 73.5M |
| Ordinary Shares Number | 134.2M | 131.2M | 129.3M | 73.5M |
| Held To Maturity Securities | 0.00 | 1.3M | 0.00 | -- |
| Interest Payable | 40,976 | 0.00 | -- | -- |
| Investmentin Financial Assets | 0.00 | 1.3M | 0.00 | -- |
| Non Current Prepaid Assets | 29.4M | 0.00 | -- | -- |
| Other Current Borrowings | 435,127 | -- | -- | -- |
| Other Equity Interest | 6.3M | 8.6M | 9.7M | 4.5M |
| Restricted Cash | 0.00 | 5.7M | 0.00 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -9.0M | -96.5M | -5.7M | -1.6M |
| Cash Flow From Continuing Operating Activities | -9.0M | -96.5M | -5.7M | -1.6M |
| Depreciation And Amortization | 9,315 | 0.00 | -- | -- |
| Depreciation Amortization Depletion | 9,315 | 0.00 | -- | -- |
| Stock Based Compensation | 0.00 | 79,311 | 1.8M | 492,924 |
| Change In Working Capital | 12.7M | -49.0M | 928,140 | -84,488 |
| Changes In Account Receivables | 50,298 | 42,055 | -82,417 | -28,176 |
| Change In Receivables | 50,298 | 42,055 | -82,417 | -28,176 |
| Change In Payables And Accrued Expense | 341,677 | 275,357 | 1.1M | -41,681 |
| Other Non Cash Items | 40,976 | -- | -- | 2,334 |
| Capital Expenditure | -5.6M | -12.5M | -- | -331,626 |
| Sale Of Business | 0.00 | 123.7M | 0.00 | -- |
| Purchase Of Investment | -1.6M | -1.3M | 0.00 | -- |
| Sale Of Investment | 3.5M | 0.00 | -- | -- |
| Net Investment Purchase And Sale | 1.9M | -1.3M | 0.00 | -- |
| Investing Cash Flow | 2.1M | 104.1M | -5.1M | -331,626 |
| Cash Flow From Continuing Investing Activities | 2.1M | 104.1M | -5.1M | -331,626 |
| Issuance Of Debt | 435,127 | 0.00 | 0.00 | 100,000 |
| Repayment Of Debt | -- | -- | 0.00 | -201,000 |
| Net Issuance Payments Of Debt | 435,127 | 0.00 | 0.00 | -101,000 |
| Issuance Of Capital Stock | -- | 0.00 | 12.4M | 6.7M |
| Net Common Stock Issuance | -- | 0.00 | 12.4M | 6.7M |
| Financing Cash Flow | 772,627 | 344,750 | 12.5M | 8.3M |
| Cash Flow From Continuing Financing Activities | 772,627 | 344,750 | 12.5M | 8.3M |
| Effect Of Exchange Rate Changes | 504,757 | -9.9M | 0.00 | -- |
| Changes In Cash | -6.1M | 7.9M | 1.7M | 6.4M |
| Beginning Cash Position | 6.1M | 8.1M | 6.4M | 19,020 |
| End Cash Position | 509,441 | 6.1M | 8.1M | 6.4M |
| Free Cash Flow | -14.6M | -109.0M | -5.7M | -1.6M |
| Asset Impairment Charge | 4.8M | 0.00 | -- | 0.00 |
| Capital Expenditure Reported | -5.6M | -12.5M | -- | -331,626 |
| Cash Dividends Paid | -- | -- | 0.00 | 0.00 |
| Change In Prepaid Assets | 12.3M | -49.3M | -135,665 | -14,631 |
| Common Stock Issuance | -- | 0.00 | 12.4M | 6.7M |
| Depreciation | 9,315 | 0.00 | -- | -- |
| Gain Loss On Investment Securities | -3.9M | -1.5M | -- | -- |
| Interest Paid Cff | -- | -- | 0.00 | -2,334 |
| Long Term Debt Issuance | -- | -- | 0.00 | 100,000 |
| Long Term Debt Payments | -- | -- | 0.00 | -201,000 |
| Net Business Purchase And Sale | 0.00 | 123.7M | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | -535,057 | 9.9M | 0.00 | -- |
| Net Income From Continuing Operations | -22.0M | -56.0M | -8.5M | -2.0M |
| Net Long Term Debt Issuance | -- | -- | 0.00 | -101,000 |
| Net Other Financing Charges | -- | -- | -58,520 | -257,750 |
| Net Other Investing Changes | 5.7M | -5.7M | -5.1M | -331,626 |
| Net Short Term Debt Issuance | 435,127 | 0.00 | -- | -- |
| Operating Gains Losses | -4.5M | 8.4M | -- | -- |
| Proceeds From Stock Option Exercised | 337,500 | 344,750 | 152,500 | 2.0M |
| Short Term Debt Issuance | 435,127 | 0.00 | -- | -- |