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MCF Energy Ltd.

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 4.2M 10.5M 522,000 128,505
General And Administrative Expense 3.8M 7.6M 522,000 128,505
Operating Expense 4.2M 10.5M 522,000 128,505
Operating Income -4.2M -10.5M -522,000 -128,505
EBIT -12.4M -11.0M -511,000 -132,147
Interest Expense 62,000 0.00 4,000 0.00
Interest Expense Non Operating 62,000 0.00 4,000 0.00
Interest Income 123,000 462,000 -- --
Interest Income Non Operating 123,000 462,000 -- --
Net Interest Income 61,000 462,000 -4,000 0.00
Other Income Expense -8.3M -929,000 11,000 -3,642
Other Non Operating Income Expenses -- -- 19,000 --
Special Income Charges -8.3M -852,000 0.00 0.00
Restructuring And Mergern Acquisition 99,000 852,000 0.00 --
Write Off -- -- -18,718 0.00
Gain On Sale Of Security -36,000 -60,000 -8,000 -3,642
Earnings From Equity Interest -36,000 -17,000 0.00 --
Pretax Income -12.4M -11.0M -515,000 -132,147
Tax Provision -256,000 -144,000 0.00 --
Tax Effect Of Unusual Items -171,099 -11,991 0.00 0.00
Net Income From Continuing And Discontinued Operation -12.2M -10.8M -515,000 -132,147
Net Income From Continuing Operation Net Minority Interest -12.2M -10.8M -515,000 -132,147
Net Income Including Noncontrolling Interests -12.2M -10.8M -515,000 -132,147
Net Income Common Stockholders -12.2M -10.8M -515,000 -132,147
Net Income -12.2M -10.8M -515,000 -132,147
EBITDA -12.4M -11.0M -511,000 -132,147
Normalized EBITDA -4.1M -10.0M -503,000 -128,505
Reconciled Depreciation -- -- -- 0.00
Basic EPS -0.05 -0.05 -0.00 -0.00
Diluted EPS -0.05 -0.05 -0.00 -0.00
Basic Average Shares 256.9M 208.1M 112.7M 112.5M
Diluted Average Shares 256.9M 208.1M 112.7M 112.5M
Total Unusual Items -8.3M -912,000 -8,000 -3,642
Total Unusual Items Excluding Goodwill -8.3M -912,000 -8,000 -3,642
Tax Rate For Calcs 0.02 0.01 0.00 0.00
Normalized Income -4.0M -9.9M -507,000 -128,505
Diluted NI Availto Com Stockholders -12.2M -10.8M -515,000 -132,147
Gain On Sale Of Business -- -- -- 0.00
Impairment Of Capital Assets 8.2M 0.00 -- --
Net Income Continuous Operations -12.2M -10.8M -515,000 -132,147
Net Income Discontinuous Operations -- -- -- 0.00
Net Non Operating Interest Income Expense 61,000 462,000 -4,000 0.00
Other Gand A 3.7M 4.0M 430,000 99,795
Salaries And Wages 92,000 3.6M 92,000 28,710
Selling And Marketing Expense 351,000 2.8M -- --
Total Expenses 4.2M 10.5M 522,000 128,505
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 1.7M 8.1M 10.0M 744.00
Cash Cash Equivalents And Short Term Investments 1.7M 8.1M 10.0M 744.00
Cash Financial -- 8.1M 10.0M 744.00
Receivables -- -- 25,084 727.00
Prepaid Assets -- -- -- 0.00
Other Current Assets 141,000 209,000 25,000 --
Current Assets 1.9M 8.3M 10.0M 1,471
Net PPE 27.9M 19.3M -- --
Investments And Advances 4.4M 4.4M 0.00 --
Long Term Equity Investment 4.4M 4.4M 0.00 --
Other Non Current Assets 32,000 -- -- --
Total Non Current Assets 34.3M 26.9M 1.1M 0.00
Total Assets 36.2M 35.2M 11.1M 1,471
Current Debt -- -- 2.7M 126,943
Current Debt And Capital Lease Obligation -- -- 2.7M 126,943
Payables And Accrued Expenses 1.2M 1.8M 565,000 124,847
Current Deferred Revenue 1.7M 5.4M 0.00 --
Current Liabilities 2.9M 7.1M 3.2M 251,790
Other Non Current Liabilities 1.9M -- -- --
Total Non Current Liabilities Net Minority Interest 8.3M 3.6M 0.00 0.00
Total Liabilities Net Minority Interest 11.2M 10.7M 3.2M 251,790
Common Stock 49.3M 37.7M 5.6M 5.3M
Capital Stock 49.3M 37.7M 5.6M 5.3M
Additional Paid In Capital -- -- -- 711,932
Retained Earnings -29.8M -17.6M -6.8M -6.3M
Gains Losses Not Affecting Retained Earnings 5.5M 4.3M 712,000 711,932
Other Equity Adjustments 5.5M 4.3M 712,000 711,932
Common Stock Equity 25.0M 24.4M 7.8M -250,319
Stockholders Equity 25.0M 24.4M 7.8M -250,319
Total Equity Gross Minority Interest 25.0M 24.4M 7.8M -250,319
Total Capitalization 25.0M 24.4M 7.8M -250,319
Net Tangible Assets 25.0M 24.4M 7.8M -250,319
Tangible Book Value 25.0M 24.4M 7.8M -250,319
Working Capital -1.0M 1.2M 6.8M -250,319
Invested Capital 25.0M 24.4M 10.5M -123,376
Total Debt -- -- 2.7M 126,943
Net Debt -- -- -- 126,199
Share Issued 283.9M 222.8M 115.5M 112.5M
Ordinary Shares Number 283.9M 222.8M 115.5M 112.5M
Current Deferred Liabilities 1.7M 5.4M 0.00 --
Current Notes Payable -- -- 2.7M 126,943
Investmentsin Associatesat Cost 4.4M 4.4M 0.00 --
Long Term Provisions 602,000 51,000 -- --
Non Current Accounts Receivable 193,000 1.5M -- --
Non Current Deferred Assets -- 0.00 1.1M --
Non Current Deferred Liabilities 5.8M 3.6M 0.00 --
Non Current Deferred Taxes Liabilities 5.8M 3.6M 0.00 --
Non Current Prepaid Assets 1.7M 1.7M 0.00 0.00
Other Equity Interest -- -- 8.4M --
Taxes Receivable -- -- 25,084 727.00
Treasury Shares Number -- 0.00 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -3.7M -7.1M -95,000 -60,370
Cash Flow From Continuing Operating Activities -3.7M -7.1M -95,000 -60,370
Depreciation Amortization Depletion -- -- -- 0.00
Stock Based Compensation 0.00 3.5M 92,000 0.00
Deferred Tax -256,000 -144,000 0.00 --
Deferred Income Tax -256,000 -144,000 0.00 --
Change In Working Capital 61,000 -496,000 328,000 71,777
Change In Receivables -- -- -24,357 61,669
Change In Payables And Accrued Expense 34,000 -312,000 352,000 10,108
Change In Payable -- -- -- 41,561
Change In Other Current Assets 27,000 -184,000 -24,000 --
Other Non Cash Items 442,000 852,000 -- --
Capital Expenditure -4.7M -608,000 -- --
Purchase Of PPE -4.7M -608,000 0.00 0.00
Net PPE Purchase And Sale -4.7M -608,000 0.00 0.00
Purchase Of Business -3.1M -3.1M 0.00 --
Investing Cash Flow -7.1M -3.7M -1.0M 0.00
Cash Flow From Continuing Investing Activities -7.1M -3.7M -1.0M 0.00
Issuance Of Debt -- 0.00 2.5M 31,453
Repayment Of Debt 0.00 -2.7M 0.00 0.00
Net Issuance Payments Of Debt 0.00 -2.7M 2.5M 31,453
Issuance Of Capital Stock 4.3M 11.5M 8.4M --
Net Common Stock Issuance 4.3M 11.5M 8.4M --
Financing Cash Flow 4.4M 8.9M 11.1M 31,453
Cash Flow From Continuing Financing Activities 4.4M 8.9M 11.1M 31,453
Effect Of Exchange Rate Changes 60,000 6,000 -- --
Changes In Cash -6.4M -1.9M 10.0M -28,917
Beginning Cash Position 8.1M 10.0M 0.00 29,661
End Cash Position 1.7M 8.1M 10.0M 744.00
Free Cash Flow -8.4M -7.7M -95,000 -60,370
Asset Impairment Charge 8.2M 0.00 -- --
Change In Account Payable -- -- -- 10,108
Common Stock Issuance 4.3M 11.5M 8.4M --
Depletion -- -- -- 0.00
Earnings Losses From Equity Investments 36,000 17,000 0.00 --
Gain Loss On Sale Of Business -- -- -- 0.00
Long Term Debt Payments -- -- -- 0.00
Net Business Purchase And Sale -3.1M -3.1M 0.00 --
Net Foreign Currency Exchange Gain Loss -- 6,000 0.00 --
Net Income From Continuing Operations -12.2M -10.8M -515,000 -132,147
Net Long Term Debt Issuance -- -- -- 0.00
Net Other Financing Charges -- -- 8.4M --
Net Other Investing Changes 747,000 -1.9M -1.0M --
Net Short Term Debt Issuance 0.00 -2.7M 2.5M 31,453
Operating Gains Losses 36,000 17,000 -- --
Proceeds From Stock Option Exercised 100,000 50,000 150,000 0.00
Short Term Debt Issuance -- 0.00 2.5M 31,453
Short Term Debt Payments 0.00 -2.7M 0.00 --
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