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Lake Victoria Gold 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 7,440 7,474 7,749 19,070 4,773
Gross Profit -7,440 -7,474 -7,749 -19,070 -4,773
Selling General And Administration 828,611 364,366 364,368 403,278 318,572
General And Administrative Expense 828,611 364,366 364,368 403,278 318,572
Research And Development 206,902 27,348 0.00 33,497 6,252
Other Operating Expenses 293,148 96,668 60,425 95,999 44,145
Operating Expense 1.1M 476,034 439,793 514,277 377,717
Operating Income -1.1M -483,508 -447,542 -533,347 -382,490
EBIT -1.2M -517,826 -447,471 -607,340 -376,911
Interest Expense 47,222 32,142 32,060 6,966 50,185
Interest Expense Non Operating 47,222 32,142 32,060 6,966 50,185
Interest Income 746.00 45.00 158.00 8,983 310.00
Interest Income Non Operating 746.00 45.00 158.00 8,983 310.00
Net Interest Income -46,476 -32,097 -31,902 2,017 -49,875
Other Income Expense -28,018 -34,363 -87.00 -82,976 5,269
Special Income Charges -- -- -- 0.00 0.00
Restructuring And Mergern Acquisition -- -- -- 0.00 0.00
Gain On Sale Of Security -28,018 -19,420 14,856 -55,830 5,269
Pretax Income -1.2M -549,968 -479,531 -614,306 -427,096
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -1.2M -549,968 -479,531 -614,306 -427,096
Net Income From Continuing Operation Net Minority Interest -1.2M -549,968 -479,531 -614,306 -427,096
Net Income Including Noncontrolling Interests -1.2M -549,968 -479,531 -614,306 -427,096
Net Income Common Stockholders -1.2M -549,968 -479,531 -614,306 -427,096
Net Income -1.2M -549,968 -479,531 -614,306 -427,096
EBITDA -1.2M -510,352 -439,722 -588,270 -372,138
Normalized EBITDA -1.1M -490,932 -454,578 -532,440 -377,407
Reconciled Depreciation 7,440 7,474 7,749 19,070 4,773
Basic EPS -0.01 0.00 0.00 -- 0.00
Diluted EPS -0.01 0.00 0.00 -- 0.00
Basic Average Shares 155.0M 148.7M 121.5M -- 106.8M
Diluted Average Shares 155.0M 148.7M 121.5M -- 106.8M
Total Unusual Items -28,018 -19,420 14,856 -55,830 5,269
Total Unusual Items Excluding Goodwill -28,018 -19,420 14,856 -55,830 5,269
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -1.2M -530,548 -494,387 -558,476 -432,365
Diluted NI Availto Com Stockholders -1.2M -549,968 -479,531 -614,306 -427,096
Net Income Continuous Operations -1.2M -549,968 -479,531 -614,306 -427,096
Net Non Operating Interest Income Expense -46,476 -32,097 -31,902 2,017 -49,875
Other Gand A 301,236 164,804 158,327 199,176 122,704
Reconciled Cost Of Revenue 7,440 7,474 7,749 19,070 4,773
Rent And Landing Fees 0.00 0.00 4,616 7,373 3,553
Rent Expense Supplemental 0.00 0.00 4,616 7,373 3,553
Salaries And Wages 527,375 199,562 201,425 196,729 192,315
Securities Amortization -- 14,943 14,943 -- --
Total Expenses 1.1M 483,508 447,542 533,347 382,490
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 3.9M 67,378 114,015 31,393 81,636
Cash Cash Equivalents And Short Term Investments 3.9M 67,378 114,015 31,393 81,636
Cash Financial 3.9M 67,378 114,015 31,393 81,636
Receivables 55,215 45,142 47,550 49,015 46,160
Prepaid Assets 376,158 59,625 78,777 112,186 221,345
Current Assets 4.3M 172,145 240,342 192,594 349,141
Gross PPE 13.3M 12.5M 12.7M 7.7M 7.1M
Accumulated Depreciation -475,444 -459,082 -475,985 -468,135 -420,968
Net PPE 12.8M 12.1M 12.3M 7.2M 6.6M
Other Non Current Assets -- -- -- 752,350 705,816
Total Non Current Assets 15.6M 14.8M 15.1M 8.7M 7.5M
Total Assets 19.9M 14.9M 15.3M 8.9M 7.8M
Current Debt 363,338 356,082 375,214 375,553 352,324
Current Debt And Capital Lease Obligation 363,338 356,082 375,214 375,553 352,324
Accounts Payable 3.0M 2.9M 2.6M 2.4M 1.4M
Payables 3.3M 3.2M 3.0M 2.7M 1.5M
Payables And Accrued Expenses 3.4M 3.4M 3.1M 2.8M 1.6M
Current Accrued Expenses 149,719 160,202 132,795 141,013 88,820
Current Liabilities 3.8M 3.7M 3.5M 3.2M 2.0M
Long Term Debt 651,910 654,967 640,024 625,081 621,072
Long Term Debt And Capital Lease Obligation 651,910 654,967 640,024 625,081 621,072
Total Non Current Liabilities Net Minority Interest 651,910 654,967 640,024 625,081 621,072
Total Liabilities Net Minority Interest 4.4M 4.4M 4.1M 3.8M 2.6M
Common Stock 60.6M 54.9M 54.5M 45.6M 45.6M
Capital Stock 60.6M 54.9M 54.5M 45.6M 45.6M
Retained Earnings -68.3M -67.1M -66.5M -66.0M -65.4M
Gains Losses Not Affecting Retained Earnings 6.4M 6.3M 6.6M 6.6M 6.2M
Common Stock Equity 15.5M 10.6M 11.2M 5.1M 5.3M
Stockholders Equity 15.5M 10.6M 11.2M 5.1M 5.3M
Total Equity Gross Minority Interest 15.5M 10.6M 11.2M 5.1M 5.3M
Total Capitalization 16.1M 11.2M 11.8M 5.7M 5.9M
Net Tangible Assets 15.5M 10.6M 11.2M 5.1M 5.3M
Tangible Book Value 15.5M 10.6M 11.2M 5.1M 5.3M
Working Capital 567,756 -3.5M -3.2M -3.0M -1.6M
Invested Capital 16.5M 11.6M 12.2M 6.1M 6.2M
Total Debt 1.0M 1.0M 1.0M 1.0M 973,396
Net Debt -- 943,671 901,223 969,241 891,760
Share Issued 183.7M 149.1M 147.4M 107.1M 106.8M
Ordinary Shares Number 183.7M 149.1M 147.4M 107.1M 106.8M
Current Notes Payable 363,338 356,082 375,214 -- 352,324
Dueto Related Parties Current 212,750 317,704 338,594 301,362 129,247
Foreign Currency Translation Adjustments 6.4M 6.3M 6.6M 6.6M 6.2M
Interest Payable 149,719 160,202 132,795 141,013 88,820
Machinery Furniture Equipment 50,237 49,233 51,878 51,926 48,714
Non Current Deferred Assets 0.00 0.00 0.00 10,472 --
Non Current Prepaid Assets 2.7M 2.7M 2.8M 716,427 133,186
Other Current Borrowings -- -- -- 375,553 352,324
Other Equity Interest 16.8M 16.5M 16.6M 18.8M 18.9M
Taxes Receivable 55,215 45,142 47,550 49,015 46,160
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 -470,822 -179,838 -94,564 243,741 -515,764
Cash Flow From Continuing Operating Activities -470,822 -179,838 -94,564 243,741 -515,764
Depreciation And Amortization 7,440 7,474 7,749 19,070 4,773
Depreciation Amortization Depletion 7,440 7,474 7,749 19,070 4,773
Stock Based Compensation 250,384 0.00 0.00 0.00 0.00
Change In Working Capital 500,386 280,096 387,934 834,684 -121,618
Change In Receivables -10,073 2,408 1,465 -2,855 15,481
Change In Payables And Accrued Expense 826,677 322,205 292,359 721,239 -144,727
Change In Payable 794,397 290,064 260,299 674,074 -167,766
Other Non Cash Items 14,963 14,923 14,943 0.00 --
Capital Expenditure -634,774 -76,589 -243,634 -495,151 --
Purchase Of PPE -634,774 -76,589 -243,634 -495,151 85,093
Net PPE Purchase And Sale -634,774 -76,589 177,731 -495,151 85,093
Investing Cash Flow -634,774 -76,589 -1.1M -494,042 85,093
Cash Flow From Continuing Investing Activities -634,774 -76,589 -1.1M -494,042 85,093
Issuance Of Debt -- -- -- 37,000 --
Net Issuance Payments Of Debt -- -- -- 37,000 --
Issuance Of Capital Stock 4.7M 135,000 1.3M 0.00 36,260
Net Common Stock Issuance 4.7M 135,000 1.3M 0.00 36,260
Financing Cash Flow 4.3M 267,383 1.3M 194,350 504,000
Cash Flow From Continuing Financing Activities 4.3M 267,383 1.3M 194,350 504,000
Effect Of Exchange Rate Changes 673,330 -57,593 -724.00 5,708 -3,074
Changes In Cash 3.2M 10,956 83,346 -55,951 73,329
Beginning Cash Position 67,378 114,015 31,393 81,636 11,381
End Cash Position 3.9M 67,378 114,015 31,393 81,636
Free Cash Flow -1.1M -256,427 -338,198 -251,410 -430,671
Capital Expenditure Reported -- -- -- -- 85,093
Change In Account Payable 794,397 290,064 260,299 674,074 -167,766
Change In Accrued Expense 32,280 32,141 32,060 47,165 23,039
Change In Interest Payable 32,280 32,141 32,060 47,165 23,039
Change In Prepaid Assets -316,218 -44,517 94,110 116,300 7,628
Common Stock Issuance 4.7M 135,000 1.3M 0.00 36,260
Depreciation 7,440 7,474 7,749 19,070 4,773
Long Term Debt Issuance -- -- -- 37,000 --
Net Foreign Currency Exchange Gain Loss -25,602 67,637 -25,659 4,293 1,031
Net Income From Continuing Operations -1.2M -549,968 -479,531 -614,306 -427,096
Net Long Term Debt Issuance -- -- -- 37,000 --
Net Other Financing Charges -433,632 132,383 179.00 157,350 -245,260
Net Other Investing Changes 0.00 0.00 -1.3M 1,109 0.00
Operating Gains Losses -25,602 67,637 -25,659 4,293 --
Sale Of PPE 0.00 0.00 421,365 -- 0.00
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