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Lara Exploration Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Total Revenue 0.00 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00 0.00
Cost Of Revenue 482,119 553,901 427,993 648,244 391,099
Gross Profit -482,119 -553,901 -427,993 -648,244 -391,099
Selling General And Administration 339,143 304,172 295,174 320,782 229,830
General And Administrative Expense 339,143 304,172 295,174 320,782 229,830
Operating Expense 339,143 304,172 295,174 320,782 229,830
Operating Income -821,262 -858,073 -723,167 -969,026 -620,929
EBIT -821,262 -858,073 -723,167 -969,026 -620,929
Other Income Expense 145,953 -6,279 207,574 -396,882 652,454
Other Non Operating Income Expenses 12,015 29,595 44,621 -12,832 -149,102
Special Income Charges 0.00 0.00 -- -2,307 744,600
Gain On Sale Of Security 140,971 -30,007 167,907 -374,429 86,269
Earnings From Equity Interest -7,033 -5,867 -4,954 -7,314 -29,313
Pretax Income -675,309 -864,352 -515,593 -1.4M 31,525
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 124,630
Net Income From Continuing And Discontinued Operation -675,309 -864,352 -515,593 -1.4M 61,153
Net Income From Continuing Operation Net Minority Interest -675,309 -864,352 -515,593 -1.4M 61,153
Net Income Including Noncontrolling Interests -675,309 -864,352 -515,593 -1.4M 31,525
Net Income Common Stockholders -675,309 -864,352 -515,593 -1.4M 61,153
Net Income -675,309 -864,352 -515,593 -1.4M 61,153
EBITDA -821,262 -858,073 -723,167 -968,498 -619,254
Normalized EBITDA -962,233 -828,066 -891,074 -591,762 -1.5M
Reconciled Depreciation 0.00 0.00 0.00 528.00 1,675
Basic EPS -0.01 -0.02 -0.01 -- 0.00
Diluted EPS -0.01 -0.02 -0.01 -- 0.00
Basic Average Shares 50.1M 49.5M 49.4M -- 45.9M
Diluted Average Shares 50.1M 49.5M 49.4M -- 45.9M
Total Unusual Items 140,971 -30,007 167,907 -376,736 830,869
Total Unusual Items Excluding Goodwill 140,971 -30,007 167,907 -376,736 830,869
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.15
Normalized Income -816,280 -834,345 -683,500 -988,902 -645,086
Diluted NI Availto Com Stockholders -675,309 -864,352 -515,593 -1.4M 61,153
Gain On Sale Of Business 0.00 -- -- -2.6M 744,600
Gain On Sale Of Ppe -- 0.00 -- -- --
Net Income Continuous Operations -675,309 -864,352 -515,593 -1.4M 31,525
Other Gand A 221,461 186,219 193,462 138,994 128,622
Reconciled Cost Of Revenue 482,119 553,901 427,993 648,244 391,099
Rent And Landing Fees 117,682 117,953 101,712 113,226 101,208
Rent Expense Supplemental 117,682 117,953 101,712 113,226 101,208
Salaries And Wages 0.00 0.00 0.00 68,562 0.00
Total Expenses 821,262 858,073 723,167 969,026 620,929
Total Operating Income As Reported -821,262 -858,073 -723,167 -- -620,929
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 3.5M 3.8M 4.6M 5.1M 3.0M
Cash Cash Equivalents And Short Term Investments 3.5M 3.8M 4.6M 5.1M 3.0M
Cash Financial 3.5M 3.8M 4.6M -- --
Accounts Receivable 12,277 35,766 21,242 26,640 17,634
Receivables 12,277 35,766 21,242 26,640 17,634
Prepaid Assets 82,170 122,430 82,233 92,217 57,752
Current Assets 3.6M 4.0M 4.7M 5.3M 3.1M
Gross PPE 141,681 141,681 141,681 143,464 147,974
Net PPE 141,681 141,681 141,681 143,464 147,974
Investments And Advances 3.3M 3.2M 3.2M 3.1M 3.5M
Long Term Equity Investment 8,283 15,316 21,183 26,137 33,451
Other Non Current Assets 57,976 57,976 57,976 57,976 57,976
Total Non Current Assets 3.5M 3.4M 3.4M 3.3M 3.7M
Total Assets 7.1M 7.4M 8.1M 8.6M 6.8M
Accounts Payable 164,542 163,776 114,911 109,093 231,222
Payables 164,542 163,776 114,911 109,093 231,222
Payables And Accrued Expenses 164,542 163,776 114,911 109,093 231,222
Current Liabilities 266,117 163,776 114,911 109,093 231,222
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 266,117 163,776 114,911 109,093 231,222
Common Stock 35.4M 34.5M 34.4M 34.4M 31.1M
Capital Stock 35.4M 34.5M 34.4M 34.4M 31.1M
Retained Earnings -38.9M -38.2M -37.3M -36.8M -35.4M
Gains Losses Not Affecting Retained Earnings 10.3M 10.8M 10.9M -- 10.9M
Common Stock Equity 6.9M 7.2M 8.0M 8.5M 6.5M
Stockholders Equity 6.9M 7.2M 8.0M 8.5M 6.5M
Total Equity Gross Minority Interest 6.9M 7.2M 8.0M 8.5M 6.5M
Total Capitalization 6.9M 7.2M 8.0M 8.5M 6.5M
Net Tangible Assets 6.9M 7.2M 8.0M 8.5M 6.5M
Tangible Book Value 6.9M 7.2M 8.0M 8.5M 6.5M
Working Capital 3.4M 3.8M 4.6M 5.2M 2.9M
Invested Capital 6.9M 7.2M 8.0M 8.5M 6.5M
Share Issued 50.5M 49.5M 49.4M 49.4M 46.1M
Ordinary Shares Number 50.5M 49.5M 49.4M 49.4M 46.1M
Current Deferred Liabilities 101,575 -- -- -- --
Financial Assets Designatedas Fair Value Through Profitor Loss Total 3.3M 3.2M 3.2M 3.1M 3.4M
Investmentin Financial Assets 3.3M 3.2M 3.2M 3.1M 3.4M
Investmentsin Associatesat Cost 8,283 15,316 21,183 26,137 33,451
Other Equity Interest -- -- -- 10.9M --
Other Properties 141,681 141,681 141,681 143,464 147,974
Restricted Cash -- -- -- 0.00 0.00
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow -626,035 -821,073 -643,313 -1.1M -608,136
Cash Flow From Continuing Operating Activities -625,999 -821,109 -643,313 -1.1M -589,552
Depreciation And Amortization 0.00 0.00 0.00 528.00 1,675
Depreciation Amortization Depletion 0.00 0.00 0.00 528.00 1,675
Stock Based Compensation 0.00 0.00 0.00 68,562 0.00
Change In Working Capital 166,126 -5,892 21,200 -165,600 114,743
Change In Receivables 23,525 -14,560 5,398 -9,006 25,175
Change In Payables And Accrued Expense 766.00 48,865 5,818 -122,129 78,363
Change In Other Working Capital -- -- -- 0.00 0.00
Other Non Cash Items -- -- -- -- --
Purchase Of PPE 0.00 -- 0.00 0.00 0.00
Net PPE Purchase And Sale 0.00 0.00 0.00 0.00 -1.9M
Purchase Of Business -- -- -- 0.00 0.00
Sale Of Investment -- -- -- 0.00 --
Net Investment Purchase And Sale -- -- -- 0.00 --
Investing Cash Flow 0.00 0.00 0.00 0.00 744,600
Cash Flow From Continuing Investing Activities 0.00 0.00 0.00 0.00 744,600
Financing Cash Flow 372,400 -- -- 3.2M 180,200
Cash Flow From Continuing Financing Activities 372,400 -- -- 3.2M 180,200
Effect Of Exchange Rate Changes -13,024 -30,354 75,939 0.00 96.00
Changes In Cash -253,635 -742,673 -643,313 2.1M 316,664
Beginning Cash Position 3.8M 4.6M 5.1M 3.0M 2.7M
End Cash Position 3.5M 3.8M 4.6M 5.1M 3.0M
Free Cash Flow -626,035 -821,073 -643,313 -1.1M -608,136
Change In Prepaid Assets 40,260 -40,197 9,984 -34,465 11,205
Depreciation 0.00 0.00 0.00 528.00 1,675
Earnings Losses From Equity Investments 7,033 5,867 4,954 7,314 29,313
Gain Loss On Sale Of Business 0.00 -- -- 0.00 -744,600
Net Business Purchase And Sale -- -- -- 0.00 0.00
Net Foreign Currency Exchange Gain Loss 13,024 30,354 -74,156 1,675 18,487
Net Income From Continuing Operations -675,309 -864,352 -515,593 -1.4M 61,153
Operating Gains Losses 20,057 36,221 -69,202 8,989 -696,800
Proceeds From Stock Option Exercised 372,400 -- -- 3.2M 180,200
Unrealized Gain Loss On Investment Securities -136,873 12,914 -79,718 323,250 -70,323
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