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Montage Gold Corp.

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 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00
Selling General And Administration 17.1M 4.0M 3.0M 3.1M
General And Administrative Expense 15.8M 3.5M 2.8M 2.9M
Other Operating Expenses 30.8M 10.0M 3.5M 15.4M
Operating Expense 47.9M 14.0M 6.5M 18.4M
Operating Income -47.9M -14.0M -6.5M -18.4M
EBIT -47.9M -14.0M -6.3M -18.4M
Interest Expense -- 0.00 877,521 0.00
Interest Expense Non Operating -- 0.00 877,521 0.00
Interest Income 2.3M 396,502 242,887 15,215
Interest Income Non Operating 2.3M 396,502 242,887 15,215
Net Interest Income 2.3M 396,502 -634,635 15,215
Other Income Expense -1.7M -4.8M -82,148 4,484
Other Non Operating Income Expenses 750,423 -12,061 -- --
Special Income Charges -1.3M -4.8M 0.00 --
Restructuring And Mergern Acquisition 1.3M 0.00 -- --
Gain On Sale Of Security -1.1M -12,513 -82,148 4,484
Pretax Income -47.2M -18.4M -7.2M -18.4M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -47.1M -18.4M -7.2M -18.4M
Net Income From Continuing Operation Net Minority Interest -47.1M -18.4M -7.2M -18.4M
Net Income Including Noncontrolling Interests -47.2M -18.4M -7.2M -18.4M
Minority Interests 75,948 0.00 -- --
Net Income Common Stockholders -47.1M -18.4M -7.2M -18.4M
Net Income -47.1M -18.4M -7.2M -18.4M
EBITDA -47.7M -13.8M -6.2M -18.3M
Normalized EBITDA -45.3M -9.0M -6.1M -18.3M
Reconciled Depreciation 205,548 174,129 140,714 141,964
Basic EPS -0.17 -0.11 -0.07 -0.17
Diluted EPS -0.17 -0.11 -0.07 -0.17
Basic Average Shares 269.0M 178.2M 112.0M 105.0M
Diluted Average Shares 269.0M 178.2M 112.0M 105.0M
Total Unusual Items -2.4M -4.8M -82,148 4,484
Total Unusual Items Excluding Goodwill -2.4M -4.8M -82,148 4,484
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -44.7M -13.6M -7.1M -18.4M
Diluted NI Availto Com Stockholders -47.1M -18.4M -7.2M -18.4M
Impairment Of Capital Assets 0.00 4.8M 0.00 --
Net Income Continuous Operations -47.2M -18.4M -7.2M -18.4M
Net Income Discontinuous Operations -- -- -- 0.00
Net Non Operating Interest Income Expense 2.3M 396,502 -634,635 15,215
Other Gand A 4.7M 887,984 2.2M 1.9M
Salaries And Wages 11.1M 2.6M 584,393 1.0M
Selling And Marketing Expense 1.3M 524,649 249,301 169,428
Total Expenses 47.9M 14.0M 6.5M 18.4M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 115.3M 5.1M 5.9M 7.7M
Cash Cash Equivalents And Short Term Investments 115.3M 5.1M 6.4M 8.4M
Other Short Term Investments -- 0.00 493,719 731,410
Accounts Receivable 1.1M 347,505 -- --
Receivables 1.1M 347,505 -- --
Prepaid Assets -- 461,179 486,665 445,009
Current Assets 116.4M 5.4M 6.9M 8.8M
Gross PPE 71.5M 29.8M 32.0M 10.0M
Accumulated Depreciation -697,469 -834,464 -641,787 -516,634
Net PPE 70.8M 29.0M 31.4M 9.5M
Investments And Advances 9.3M 0.00 -- --
Long Term Equity Investment 9.3M 0.00 -- --
Other Non Current Assets -- 15,076 17,258 9,627
Total Non Current Assets 140.3M 29.0M 31.4M 9.5M
Total Assets 256.7M 34.4M 38.3M 18.4M
Current Debt And Capital Lease Obligation 130,296 30,906 -- --
Accounts Payable 28.3M 907,583 1.6M 863,466
Payables 28.3M 907,583 1.6M 863,466
Payables And Accrued Expenses 28.3M 907,583 1.6M 863,466
Current Liabilities 28.4M 938,489 1.6M 863,466
Long Term Debt And Capital Lease Obligation 255,018 73,873 -- --
Long Term Capital Lease Obligation 255,018 73,873 0.00 --
Total Non Current Liabilities Net Minority Interest 85.1M 73,873 0.00 0.00
Total Liabilities Net Minority Interest 113.6M 1.0M 1.6M 863,466
Common Stock 239.9M 89.8M 75.9M 51.3M
Capital Stock 239.9M 89.8M 75.9M 51.3M
Additional Paid In Capital 4.3M 2.2M 1.5M 1.6M
Retained Earnings -102.0M -59.4M -40.0M -35.0M
Gains Losses Not Affecting Retained Earnings 920,436 815,619 -621,393 -514,418
Other Equity Adjustments 920,436 815,619 -621,393 -514,418
Common Stock Equity 143.0M 33.4M 36.7M 17.5M
Stockholders Equity 143.0M 33.4M 36.7M 17.5M
Total Equity Gross Minority Interest 143.1M 33.4M 36.7M 17.5M
Minority Interest 104,516 0.00 0.00 --
Total Capitalization 143.0M 33.4M 36.7M 17.5M
Net Tangible Assets 143.0M 33.4M 36.7M 17.5M
Tangible Book Value 143.0M 33.4M 36.7M 17.5M
Working Capital 88.0M 4.5M 5.3M 8.0M
Invested Capital 143.0M 33.4M 36.7M 17.5M
Total Debt 385,315 104,779 0.00 --
Share Issued 348.3M 185.3M 160.5M 105.0M
Ordinary Shares Number 348.3M 185.3M 160.5M 105.0M
Buildings And Improvements -- 142,754 0.00 --
Capital Lease Obligations 385,315 104,779 0.00 --
Construction In Progress 27.4M 0.00 -- --
Current Capital Lease Obligation 130,296 30,906 0.00 --
Financial Assets 54.1M 0.00 -- --
Investmentsin Associatesat Cost 9.3M 0.00 -- --
Land And Improvements 5.4M 143,000 -- --
Machinery Furniture Equipment 3.5M 1.3M 416,150 305,917
Non Current Deferred Assets 6.1M 0.00 -- --
Non Current Deferred Liabilities 84.9M 0.00 -- --
Non Current Deferred Revenue 84.9M 0.00 -- --
Other Properties 3.8M 107,794 31.6M 9.7M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -31.9M -13.1M -5.8M -17.7M
Cash Flow From Continuing Operating Activities -31.9M -13.1M -5.8M -17.7M
Depreciation And Amortization 205,548 174,129 140,714 141,964
Depreciation Amortization Depletion 205,548 174,129 140,714 141,964
Stock Based Compensation 6.7M 887,231 516,032 1.1M
Change In Working Capital 9.7M -581,185 709,100 -559,349
Change In Receivables -- 155,753 -77,233 127,645
Change In Payables And Accrued Expense 10.4M -737,223 786,332 -686,994
Other Non Cash Items -2.3M -- -- --
Capital Expenditure -32.3M -288,708 -184,376 -133,289
Purchase Of PPE -32.3M -288,708 -184,376 -133,289
Net PPE Purchase And Sale -32.3M -288,708 -184,376 -133,289
Purchase Of Business -- 0.00 -10.9M 0.00
Purchase Of Investment -51.1M 0.00 -- --
Sale Of Investment 0.00 430,424 0.00 --
Net Investment Purchase And Sale -51.1M 430,424 0.00 --
Investing Cash Flow -81.2M 139,454 -11.1M -133,289
Cash Flow From Continuing Investing Activities -81.2M 139,454 -11.1M -133,289
Issuance Of Capital Stock 150.0M 12.9M 0.00 0.00
Net Common Stock Issuance 150.0M 12.9M 0.00 0.00
Financing Cash Flow 224.0M 12.0M 15.7M 35,294
Cash Flow From Continuing Financing Activities 224.0M 12.0M 15.7M 35,294
Effect Of Exchange Rate Changes -293,341 46,736 -4,717 -185,356
Changes In Cash 110.9M -1.0M -1.3M -17.8M
Beginning Cash Position 4.7M 6.0M 7.2M 25.7M
End Cash Position 115.3M 5.1M 5.9M 7.7M
Free Cash Flow -64.2M -13.4M -6.0M -17.9M
Interest Paid Supplemental Data -- 0.00 877,521 0.00
Asset Impairment Charge 0.00 4.8M 0.00 --
Change In Prepaid Assets -759,481 156,038 -- --
Common Stock Issuance 150.0M 12.9M 0.00 0.00
Depreciation 205,548 174,129 140,714 141,964
Gain Loss On Investment Securities 1.1M -- -- --
Interest Received Cfi 2.4M 0.00 -- --
Net Business Purchase And Sale -- 0.00 -10.9M 0.00
Net Income From Continuing Operations -47.2M -18.4M -7.2M -18.4M
Net Other Financing Charges 72.9M -969,395 14.1M --
Net Other Investing Changes -140,051 -2,261 -- --
Operating Gains Losses 1.1M -- -- --
Proceeds From Stock Option Exercised 1.2M 0.00 1.6M 35,294
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