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Max Resource Corp.

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 Q2 2024Jun 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 49,009 50,442 50,390 44,736 30,791 --
Gross Profit -49,009 -50,442 -50,390 -44,736 -30,791 --
Selling General And Administration 310,906 295,954 459,602 904,311 855,677 --
General And Administrative Expense 302,342 283,537 437,795 841,245 810,602 --
Other Operating Expenses 345,573 292,866 411,580 203,983 365,937 --
Operating Expense 656,479 588,820 871,182 1.1M 1.2M --
Operating Income -705,488 -639,262 -921,572 -1.2M -1.3M --
EBIT -705,488 -639,262 -921,572 -767,438 -1.3M --
Interest Expense -- -- -- 0.00 0.00 0.00
Interest Expense Non Operating -- -- -- 0.00 0.00 0.00
Interest Income 20.00 33.00 524.00 27,323 21,785 --
Interest Income Non Operating 20.00 33.00 524.00 27,323 21,785 --
Net Interest Income 20.00 33.00 524.00 27,323 21,785 --
Other Income Expense 94,395 -44,855 25,586 358,269 -203,057 --
Other Non Operating Income Expenses 26,116 39,361 -- -- -- --
Special Income Charges 6,084 -- -- -- 0.00 --
Gain On Sale Of Security 62,195 -84,216 25,586 300,589 -203,057 --
Pretax Income -611,073 -684,084 -895,462 -767,438 -1.4M --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -607,904 -629,744 -798,512 -767,438 -1.4M --
Net Income From Continuing Operation Net Minority Interest -607,904 -629,744 -798,512 -767,438 -1.4M --
Net Income Including Noncontrolling Interests -611,073 -684,084 -895,462 -767,438 -1.4M --
Minority Interests 3,169 54,340 96,950 -- 0.00 0.00
Net Income Common Stockholders -607,904 -629,744 -798,512 -767,438 -1.4M --
Net Income -607,904 -629,744 -798,512 -767,438 -1.4M --
EBITDA -656,479 -588,820 -871,182 -722,702 -1.2M --
Normalized EBITDA -724,758 -504,604 -896,768 -1.0M -1.0M --
Reconciled Depreciation 49,009 50,442 50,390 44,736 30,791 --
Basic EPS 0.00 0.00 0.00 -- -0.04 -0.04
Diluted EPS 0.00 0.00 0.00 -- -0.04 -0.04
Basic Average Shares 45.8M 45.0M 45.0M -- 45.0M 44.0M
Diluted Average Shares 45.8M 45.0M 45.0M -- 45.0M 44.0M
Total Unusual Items 68,279 -84,216 25,586 300,589 -203,057 --
Total Unusual Items Excluding Goodwill 68,279 -84,216 25,586 300,589 -203,057 --
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00 --
Normalized Income -676,183 -545,528 -824,098 -1.1M -1.2M --
Diluted NI Availto Com Stockholders -607,904 -629,744 -798,512 -767,438 -1.4M --
Net Income Continuous Operations -611,073 -684,084 -895,462 -767,438 -1.4M --
Net Non Operating Interest Income Expense 20.00 33.00 524.00 27,323 21,785 --
Other Gand A 302,342 283,537 437,795 338,445 484,830 --
Other Special Charges -6,084 -- -- -- -- --
Reconciled Cost Of Revenue 49,009 50,442 50,390 44,736 30,791 --
Salaries And Wages 0.00 0.00 -- 502,800 325,772 1.2M
Selling And Marketing Expense 8,564 12,417 21,807 63,066 45,075 --
Total Expenses 705,488 639,262 921,572 1.2M 1.3M --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Cash And Cash Equivalents 515,098 2.5M 3.5M 2.0M 2.5M --
Cash Cash Equivalents And Short Term Investments 515,098 2.5M 3.5M 2.0M 2.5M --
Cash Equivalents 43.00 43.00 43.00 87,844 831,077 --
Cash Financial 515,055 2.5M 3.5M 1.9M 1.6M --
Accounts Receivable 29,390 -- -- 0.00 0.00 658.00
Receivables 47,940 41,472 26,218 21,165 44,661 --
Prepaid Assets 313,803 312,287 546,988 655,996 169,074 --
Current Assets 876,841 2.9M 4.1M 4.7M 2.7M --
Gross PPE 16.3M 16.1M 15.8M 15.4M 13.1M --
Accumulated Depreciation -372,757 -370,754 -320,306 -269,884 -286,292 --
Net PPE 15.9M 15.7M 15.5M 15.1M 12.8M --
Total Non Current Assets 15.9M 15.7M 15.5M 15.1M 12.8M --
Total Assets 16.8M 18.6M 19.6M 19.9M 15.4M --
Current Debt And Capital Lease Obligation 28,870 39,086 37,656 36,279 34,952 --
Accounts Payable 1.7M 1.6M 1.5M 2.1M 977,069 --
Payables 2.0M 1.9M 1.8M 3.1M 986,758 --
Payables And Accrued Expenses 2.5M 2.3M 2.1M 3.4M 1.2M --
Current Accrued Expenses 438,462 330,304 290,783 301,321 226,532 --
Current Liabilities 2.5M 3.9M 4.4M 4.0M 1.2M --
Long Term Debt And Capital Lease Obligation 16,131 33,385 43,710 53,657 63,240 --
Long Term Capital Lease Obligation 16,131 33,385 43,710 53,657 63,240 --
Total Non Current Liabilities Net Minority Interest 16,131 33,385 43,710 53,657 63,240 --
Total Liabilities Net Minority Interest 2.5M 4.0M 4.4M 4.0M 1.3M --
Common Stock 60.7M 60.2M 60.2M 60.2M 60.2M --
Capital Stock 60.7M 60.2M 60.2M 60.2M 60.2M --
Retained Earnings -54.4M -53.8M -53.3M -54.4M -53.7M --
Gains Losses Not Affecting Retained Earnings 5,124 -9,194 -6,528 -31,633 -- --
Other Equity Adjustments 5,124 -9,194 -6,528 -31,633 -- --
Common Stock Equity 14.1M 14.5M 15.0M 15.8M 14.1M --
Stockholders Equity 14.1M 14.5M 15.0M 15.8M 14.1M --
Total Equity Gross Minority Interest 14.3M 14.6M 15.2M 15.8M 14.1M --
Minority Interest 160,248 157,426 208,596 -- -- --
Total Capitalization 14.1M 14.5M 15.0M 15.8M 14.1M --
Net Tangible Assets 14.1M 14.5M 15.0M 15.8M 14.1M --
Tangible Book Value 14.1M 14.5M 15.0M 15.8M 14.1M --
Working Capital -1.6M -1.0M -247,453 757,568 1.4M --
Invested Capital 14.1M 14.5M 15.0M 15.8M 14.1M --
Total Debt 45,001 72,471 81,366 89,936 98,192 --
Share Issued 46.5M 45.0M 45.0M 45.0M 45.0M --
Ordinary Shares Number 46.5M 45.0M 45.0M 45.0M 45.0M --
Buildings And Improvements 51,570 113,808 113,808 113,808 173,405 --
Capital Lease Obligations 45,001 72,471 81,366 89,936 98,192 --
Current Capital Lease Obligation 28,870 39,086 37,656 36,279 34,952 --
Current Deferred Liabilities 0.00 1.6M 2.2M 489,860 -- --
Machinery Furniture Equipment 855,851 839,480 839,673 839,183 515,348 --
Other Equity Interest 7.8M 8.1M 8.1M 10.1M 7.6M --
Other Payable 276,863 273,026 286,538 1.0M -- --
Other Properties 15.4M 15.1M 14.9M 14.5M 12.4M --
Restricted Cash 0.00 0.00 0.00 2.0M -- 17,858
Taxes Receivable 18,550 41,472 26,218 21,165 44,661 --
Total Tax Payable 64,592 59,651 31,680 23,740 9,689 --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Operating Cash Flow -2.0M -1.1M 566,751 572,130 -1.9M --
Cash Flow From Continuing Operating Activities -2.0M -1.1M 566,751 572,130 -1.9M --
Depreciation And Amortization 49,009 50,442 50,390 44,736 30,791 --
Depreciation Amortization Depletion 49,009 50,442 50,390 44,736 30,791 --
Stock Based Compensation 0.00 -- -- 502,800 325,772 --
Change In Working Capital -1.3M -443,503 1.4M 821,632 -824,402 --
Changes In Account Receivables -29,390 -- -- 0.00 658.00 --
Change In Receivables -6,468 -15,254 -5,053 23,496 22,925 --
Change In Payables And Accrued Expense 365,004 144,298 -464,289 795,198 -909,789 --
Other Non Cash Items -4,231 2,941 3,266 2,033 3,882 --
Capital Expenditure -- -- -- -331,383 -- --
Purchase Of PPE -- -- -- -331,383 -88,587 0.00
Net PPE Purchase And Sale 1.3M 1.7M 1.6M 2.1M 760,552 --
Sale Of Business -42.00 320,998 222,482 -- 0.00 0.00
Investing Cash Flow -392,353 119,845 -1.1M -980,880 -656,029 --
Cash Flow From Continuing Investing Activities -392,353 119,845 -1.1M -980,880 -656,029 --
Repayment Of Debt -8,421 -11,836 -11,836 -11,836 -11,835 --
Net Issuance Payments Of Debt -8,421 -11,836 -11,836 -11,836 -11,835 --
Financing Cash Flow 241,579 -20,807 -2,865 2.0M -11,835 --
Cash Flow From Continuing Financing Activities 241,579 -20,807 -2,865 2.0M -11,835 --
Effect Of Exchange Rate Changes 103,343 -2,662 1,388 -- 0.00 0.00
Changes In Cash -2.1M -997,800 -497,707 1.6M -2.6M --
Beginning Cash Position 2.5M 3.5M 4.0M 2.5M 5.0M --
End Cash Position 515,098 2.5M 3.5M 4.0M 2.5M --
Free Cash Flow -2.0M -1.1M 566,751 240,747 -2.0M --
Change In Prepaid Assets -1.6M -572,547 1.8M 2,938 62,462 --
Depreciation 49,009 50,442 50,390 44,736 30,791 --
Long Term Debt Payments -8,421 -11,836 -11,836 -11,836 -11,835 --
Net Business Purchase And Sale -42.00 320,998 222,482 -- 0.00 0.00
Net Foreign Currency Exchange Gain Loss -154,628 -22,633 45,865 -31,633 0.00 --
Net Income From Continuing Operations -611,073 -684,084 -895,462 -767,438 -1.4M --
Net Long Term Debt Issuance -8,421 -11,836 -11,836 -11,836 -11,835 --
Net Other Financing Charges -- -- 8,971 -- -- --
Net Other Investing Changes -1.7M -1.9M -2.8M -3.1M -1.4M --
Net Short Term Debt Issuance 0.00 0.00 0.00 0.00 0.00 --
Operating Gains Losses -154,628 -22,633 45,865 -- -- --
Sale Of PPE 1.3M 1.7M 1.6M 2.5M 849,139 --
Short Term Debt Payments 0.00 0.00 0.00 0.00 0.00 --
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