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Latin Metals Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Oct 31, 2024 FY 2023Oct 31, 2023 FY 2022Oct 31, 2022 FY 2021Oct 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 19,526 38,417 8,648 1,621
Gross Profit -19,526 -38,417 -8,648 -1,621
Selling General And Administration 1.4M 1.7M 980,354 733,672
General And Administrative Expense 1.3M 1.5M 773,833 663,209
Other Operating Expenses 173,714 189,545 162,664 119,847
Operating Expense 1.6M 1.9M 1.1M 853,519
Operating Income -1.6M -2.0M -1.2M -855,140
EBIT -2.1M -1.0M -1.1M -441,741
Interest Expense 108,852 25,962 3,518 20,943
Interest Expense Non Operating 108,852 25,962 3,518 20,943
Interest Income -- -- -- 0.00
Interest Income Non Operating -- -- -- 0.00
Net Interest Income -108,852 -25,962 -3,518 -20,943
Other Income Expense -475,278 910,389 77,845 413,399
Other Non Operating Income Expenses 1,150 -1,903 -- --
Special Income Charges 100,985 383,374 -65,532 263,690
Write Off 17,291 42,142 10,398 7,396
Gain On Sale Of Security -577,413 528,918 143,377 149,709
Pretax Income -2.2M -1.1M -1.1M -462,684
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -2.2M -1.1M -1.1M -462,684
Net Income From Continuing Operation Net Minority Interest -2.2M -1.1M -1.1M -462,684
Net Income Including Noncontrolling Interests -2.2M -1.1M -1.1M -462,684
Net Income Common Stockholders -2.2M -1.1M -1.1M -462,684
Net Income -2.2M -1.1M -1.1M -462,684
EBITDA -2.0M -1.0M -1.1M -440,120
Normalized EBITDA -1.6M -1.9M -1.1M -853,519
Reconciled Depreciation 19,526 38,417 8,648 1,621
Basic EPS -0.03 -0.02 -0.02 -0.01
Diluted EPS -0.03 -0.02 -0.02 -0.01
Basic Average Shares 81.5M 71.1M 57.7M 48.1M
Diluted Average Shares 81.5M 71.1M 57.7M 48.1M
Total Unusual Items -476,428 912,292 77,845 413,399
Total Unusual Items Excluding Goodwill -476,428 912,292 77,845 413,399
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -1.7M -2.0M -1.2M -876,083
Diluted NI Availto Com Stockholders -2.2M -1.1M -1.1M -462,684
Impairment Of Capital Assets -113,485 -425,516 55,134 -271,086
Net Income Continuous Operations -2.2M -1.1M -1.1M -462,684
Net Non Operating Interest Income Expense -108,852 -25,962 -3,518 -20,943
Other Gand A 750,279 799,646 557,807 423,586
Other Special Charges -4,791 -- -- --
Reconciled Cost Of Revenue 19,526 38,417 8,648 1,621
Salaries And Wages 526,243 700,026 216,026 239,623
Selling And Marketing Expense 122,762 232,197 206,521 70,463
Total Expenses 1.6M 2.0M 1.2M 855,140
Total Operating Income As Reported -1.4M -1.5M -896,227 -591,450
Line Item FY 2024Oct 31, 2024 FY 2023Oct 31, 2023 FY 2022Oct 31, 2022 FY 2021Oct 31, 2021
Cash And Cash Equivalents 1.1M 333,624 1.1M 858,197
Cash Cash Equivalents And Short Term Investments 1.2M 333,624 1.1M 858,197
Other Short Term Investments 140,000 0.00 -- --
Accounts Receivable 18,340 54,217 62,348 14,966
Receivables 18,340 54,217 62,348 14,966
Prepaid Assets 60,497 129,515 49,838 50,753
Current Assets 1.3M 517,356 1.2M 923,916
Gross PPE 5.6M 5.3M 5.0M 5.0M
Accumulated Depreciation -44,854 -71,493 -22,512 -13,864
Net PPE 5.6M 5.2M 5.0M 5.0M
Investments And Advances 0.00 500,000 0.00 --
Total Non Current Assets 5.6M 6.0M 5.0M 5.0M
Total Assets 6.9M 6.6M 6.2M 5.9M
Current Debt -- 548,724 -- --
Current Debt And Capital Lease Obligation -- 589,460 22,174 --
Payables And Accrued Expenses 324,688 259,581 224,155 143,218
Current Liabilities 324,688 849,041 246,329 143,218
Long Term Debt And Capital Lease Obligation -- 33,254 55,324 --
Long Term Capital Lease Obligation 0.00 33,254 55,324 0.00
Total Non Current Liabilities Net Minority Interest 0.00 33,254 55,324 0.00
Total Liabilities Net Minority Interest 324,688 882,295 301,653 143,218
Common Stock 18.0M 15.2M 14.9M 13.7M
Capital Stock 18.0M 15.2M 14.9M 13.7M
Retained Earnings -14.5M -12.3M -11.2M -10.2M
Gains Losses Not Affecting Retained Earnings 3.1M 2.8M 2.3M 2.3M
Common Stock Equity 6.6M 5.7M 5.9M 5.8M
Stockholders Equity 6.6M 5.7M 5.9M 5.8M
Total Equity Gross Minority Interest 6.6M 5.7M 5.9M 5.8M
Total Capitalization 6.6M 5.7M 5.9M 5.8M
Net Tangible Assets 6.6M 5.7M 5.9M 5.8M
Tangible Book Value 6.6M 5.7M 5.9M 5.8M
Working Capital 1.0M -331,685 1.0M 780,698
Invested Capital 6.6M 6.2M 5.9M 5.8M
Total Debt 0.00 622,714 77,498 0.00
Net Debt -- 215,100 -- --
Share Issued 109.7M 71.5M 70.0M 57.3M
Ordinary Shares Number 109.7M 71.5M 70.0M 57.3M
Capital Lease Obligations 0.00 73,990 77,498 0.00
Current Capital Lease Obligation 0.00 40,736 22,174 0.00
Financial Assets -- 311,526 0.00 --
Financial Assets Designatedas Fair Value Through Profitor Loss Total -- 500,000 0.00 --
Hedging Assets Current 40,334 -- -- --
Investmentin Financial Assets -- 500,000 0.00 --
Machinery Furniture Equipment 33,619 33,619 28,734 28,734
Other Current Borrowings -- 548,724 -- --
Other Properties 5.6M 5.3M 5.0M 5.0M
Line Item FY 2024Oct 31, 2024 FY 2023Oct 31, 2023 FY 2022Oct 31, 2022 FY 2021Oct 31, 2021
Operating Cash Flow -1.1M -1.4M -964,970 -686,941
Cash Flow From Continuing Operating Activities -1.1M -1.4M -964,970 -686,941
Depreciation And Amortization 19,526 38,417 8,648 1,621
Depreciation Amortization Depletion 19,526 38,417 8,648 1,621
Stock Based Compensation 212,526 448,259 0.00 53,707
Change In Working Capital 228,181 -103,411 45,069 -28,277
Change In Receivables 35,877 8,131 -47,382 -4,288
Change In Payables And Accrued Expense 123,286 -31,865 91,536 -13,607
Other Non Cash Items -101,049 -431,568 -262,319 -251,308
Capital Expenditure -4,757 -66,227 -861,299 -1.0M
Purchase Of PPE -4,757 -66,227 0.00 -7,648
Net PPE Purchase And Sale 679,503 1.3M 922,743 503,654
Investing Cash Flow -117,728 61,966 61,444 -500,440
Cash Flow From Continuing Investing Activities -117,728 61,966 61,444 -500,440
Issuance Of Debt 239,145 583,690 0.00 --
Repayment Of Debt -915,875 -47,709 -9,000 -200,000
Net Issuance Payments Of Debt -676,730 535,981 -9,000 -200,000
Issuance Of Capital Stock 2.6M 0.00 1.2M 1.2M
Net Common Stock Issuance 2.6M 0.00 1.2M 1.2M
Financing Cash Flow 2.0M 538,681 1.2M 1.0M
Cash Flow From Continuing Financing Activities 2.0M 538,681 1.2M 1.0M
Changes In Cash 738,475 -802,572 277,999 -161,556
Beginning Cash Position 333,624 1.1M 858,197 1.0M
End Cash Position 1.1M 333,624 1.1M 858,197
Free Cash Flow -1.1M -1.5M -1.8M -1.7M
Income Tax Paid Supplemental Data 0.00 0.00 0.00 0.00
Interest Paid Supplemental Data 64,672 0.00 0.00 0.00
Asset Impairment Charge 91,625 32,014 320,971 0.00
Capital Expenditure Reported -- -1.3M -861,299 -1.0M
Change In Prepaid Assets 69,018 -79,677 915.00 -10,382
Common Stock Issuance 2.6M 0.00 1.2M 1.2M
Depreciation 19,526 38,417 8,648 1,621
Long Term Debt Payments -12,513 -47,709 -9,000 0.00
Net Foreign Currency Exchange Gain Loss -510.00 0.00 -- --
Net Income From Continuing Operations -2.2M -1.1M -1.1M -462,684
Net Long Term Debt Issuance -12,513 -47,709 -9,000 0.00
Net Other Investing Changes -797,231 -1.3M 61,444 --
Net Short Term Debt Issuance -664,217 583,690 0.00 -200,000
Operating Gains Losses -510.00 -- -- --
Proceeds From Stock Option Exercised 50,000 2,700 0.00 --
Sale Of PPE 684,260 1.4M 922,743 511,302
Short Term Debt Issuance 239,145 583,690 0.00 --
Short Term Debt Payments -903,362 0.00 0.00 -200,000
Unrealized Gain Loss On Investment Securities 631,192 -311,526 0.00 --
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