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Majestic Gold 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 20.9M 23.3M 19.5M 19.0M 18.3M --
Operating Revenue 20.9M 23.3M 19.5M 19.0M 18.3M --
Cost Of Revenue 10.0M 11.5M 9.1M 10.2M 8.8M --
Gross Profit 11.0M 11.7M 10.3M 8.8M 9.5M --
Selling General And Administration 1.3M 4.0M 1.4M 2.5M 1.1M --
General And Administrative Expense 1.3M 4.0M 1.4M 2.5M 1.1M --
Research And Development 344,935 534,152 408,037 501,463 416,360 --
Depreciation And Amortization In Income Statement 174,968 172,282 141,199 174,673 102,080 --
Other Operating Expenses 1.0M 34,328 14,674 638,393 194,362 --
Operating Expense 2.8M 4.7M 1.9M 3.8M 1.9M --
Operating Income 8.2M 7.0M 8.4M 5.0M 7.7M --
EBIT 8.4M 7.3M 8.8M 5.9M 8.0M --
Interest Expense 242,095 270,581 105,604 38,744 65,657 --
Interest Expense Non Operating 242,095 270,581 105,604 38,744 65,657 --
Interest Income 401,747 407,438 398,419 554,127 629,071 --
Interest Income Non Operating 401,747 407,438 398,419 554,127 629,071 --
Net Interest Income 159,652 136,857 292,815 515,383 563,414 --
Other Income Expense -198,462 -66,131 -27,153 355,910 -256,616 --
Other Non Operating Income Expenses -90,368 -141,256 -2,733 -- -- --
Special Income Charges -- -- -- 1,655 0.00 0.00
Gain On Sale Of Security -108,094 75,125 -24,420 530,470 -256,616 --
Pretax Income 8.1M 7.1M 8.7M 5.9M 8.0M --
Tax Provision 3.0M 3.1M 2.5M 2.2M 2.2M --
Tax Effect Of Unusual Items -39,424 11,269 -7,185 199,194 -70,466 --
Net Income From Continuing And Discontinued Operation 2.7M 1.1M 3.1M 1.3M 3.0M --
Net Income From Continuing Operation Net Minority Interest 2.7M 1.1M 3.1M 1.3M 3.0M --
Net Income Including Noncontrolling Interests 5.2M 4.0M 6.1M 3.7M 5.8M --
Minority Interests -2.5M -2.8M -3.1M -2.3M -2.7M --
Net Income Common Stockholders 2.7M 1.1M 3.1M 1.3M 3.0M --
Net Income 2.7M 1.1M 3.1M 1.3M 3.0M --
EBITDA 11.2M 9.8M 11.1M 9.8M 10.0M --
Normalized EBITDA 11.3M 9.7M 11.1M 9.2M 10.3M --
Reconciled Depreciation 2.9M 2.4M 2.3M 3.8M 2.0M --
Basic EPS 0.00 0.00 0.00 -- 0.00 0.00
Diluted EPS 0.00 0.00 0.00 -- 0.00 0.00
Basic Average Shares 1.0B 1.0B 1.0B -- 1.0B 1.0B
Diluted Average Shares 1.0B 1.0B 1.0B -- 1.0B 1.0B
Total Unusual Items -108,094 75,125 -24,420 532,125 -256,616 --
Total Unusual Items Excluding Goodwill -108,094 75,125 -24,420 532,125 -256,616 --
Tax Rate For Calcs 0.36 0.15 0.29 0.37 0.27 --
Normalized Income 2.8M 1.1M 3.1M 1.0M 3.2M --
Depreciation Amortization Depletion Income Statement 174,968 172,282 141,199 174,673 102,080 --
Depreciation Income Statement 174,968 172,282 141,199 174,673 102,080 --
Diluted NI Availto Com Stockholders 2.7M 1.1M 3.1M 1.3M 3.0M --
Gain On Sale Of Ppe -- -- -- 1,655 0.00 0.00
Net Income Continuous Operations 5.2M 4.0M 6.1M 3.7M 5.8M --
Net Non Operating Interest Income Expense 159,652 136,857 292,815 515,383 563,414 --
Other Gand A 909,645 1.4M 716,217 1.7M 597,894 --
Reconciled Cost Of Revenue 7.3M 9.3M 7.0M 6.5M 6.9M --
Salaries And Wages 359,527 2.6M 662,708 762,805 544,424 --
Total Expenses 12.8M 16.3M 11.1M 14.0M 10.7M --
Total Operating Income As Reported 8.2M 7.0M 8.4M 5.0M 7.7M --
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 28.8M 31.7M 23.8M 11.8M 46.1M --
Cash Cash Equivalents And Short Term Investments 28.8M 31.7M 23.8M 11.8M 46.1M --
Cash Financial -- -- -- 11.8M 46.1M 44.7M
Receivables 4.2M 4.3M 4.2M 1.6M 2.8M --
Inventory 4.2M 3.3M 3.8M 2.5M 2.4M --
Prepaid Assets 3.3M 854,470 1.1M 1.0M 1.1M --
Current Assets 116.3M 111.9M 116.7M 105.9M 108.7M --
Gross PPE 216.3M 209.6M 197.5M 140.2M 141.1M --
Accumulated Depreciation -70.5M -67.0M -64.8M -62.4M -60.0M --
Net PPE 145.8M 142.5M 132.7M 77.8M 81.0M --
Goodwill 5.1M 5.1M 8.2M -- -- --
Goodwill And Other Intangible Assets 5.1M 5.1M 8.2M -- -- --
Investments And Advances 1.2M 503,938 173,900 173,750 185,200 --
Other Non Current Assets 5.1M 7.6M 4.8M 2.9M 3.6M --
Total Non Current Assets 158.3M 156.9M 146.9M 82.1M 85.9M --
Total Assets 274.6M 268.8M 263.6M 187.9M 194.6M --
Current Debt 13.4M 12.6M 9.6M -- -- 4.2M
Current Debt And Capital Lease Obligation 13.5M 12.7M 9.7M 112,917 25,703 --
Accounts Payable 8.8M 8.3M 9.6M 5.0M 5.1M --
Payables 31.7M 32.1M 45.6M 18.1M 19.0M --
Payables And Accrued Expenses 31.7M 32.1M 45.6M 18.1M 19.0M --
Current Accrued Expenses 19,545 25,835 22,334 0.00 0.00 --
Other Current Liabilities 150,419 149,303 148,895 148,684 152,524 --
Current Liabilities 48.3M 47.8M 58.3M 19.5M 20.2M --
Long Term Debt 11.1M 11.8M 7.1M -- -- --
Long Term Debt And Capital Lease Obligation 11.2M 11.9M 7.2M 18,914 10,209 --
Long Term Capital Lease Obligation 66,299 65,074 64,165 18,914 10,209 --
Other Non Current Liabilities 768,695 788,429 791,962 816,189 862,062 --
Total Non Current Liabilities Net Minority Interest 41.7M 42.8M 36.3M 8.7M 9.1M --
Total Liabilities Net Minority Interest 90.0M 90.6M 94.6M 28.2M 29.4M --
Common Stock 122.8M 122.8M 122.8M 122.8M 122.8M --
Capital Stock 122.8M 122.8M 122.8M 122.8M 122.8M --
Retained Earnings -20.0M -21.9M -22.3M -24.7M -20.4M --
Gains Losses Not Affecting Retained Earnings 16.0M 14.6M 10.8M 9.9M 12.9M --
Common Stock Equity 118.8M 115.4M 111.2M 107.9M 115.2M --
Stockholders Equity 118.8M 115.4M 111.2M 107.9M 115.2M --
Total Equity Gross Minority Interest 184.6M 178.2M 169.0M 159.7M 165.3M --
Minority Interest 65.8M 62.8M 57.8M 51.8M 50.1M --
Total Capitalization 130.0M 127.2M 118.3M 107.9M 115.2M --
Net Tangible Assets 113.8M 110.4M 103.1M 107.9M 115.2M --
Tangible Book Value 113.8M 110.4M 103.1M 107.9M 115.2M --
Working Capital 68.0M 64.1M 58.4M 86.3M 88.5M --
Invested Capital 143.4M 139.8M 128.0M 107.9M 115.2M --
Total Debt 24.7M 24.6M 16.9M 131,831 35,912 --
Share Issued 1.0B 1.0B 1.0B 1.0B 1.0B --
Ordinary Shares Number 1.0B 1.0B 1.0B 1.0B 1.0B --
Available For Sale Securities 1.2M 503,938 173,900 -- 185,200 182,650
Buildings And Improvements 18.4M 18.2M 18.0M 14.1M 14.5M --
Capital Lease Obligations 118,983 146,345 172,538 131,831 35,912 --
Construction In Progress 12.7M 10.2M 8.0M -- -- 319,959
Current Capital Lease Obligation 52,684 81,271 108,373 112,917 25,703 --
Current Provisions 3.0M 2.8M 2.8M 1.2M 1.1M --
Duefrom Related Parties Current 1.4M 1.4M 1.4M 1.4M 2.5M --
Dueto Related Parties Current 9.9M 9.8M 20.4M -- -- --
Income Tax Payable 13.0M 13.9M 15.6M 13.0M 13.9M --
Interest Payable 19,545 25,835 22,334 0.00 0.00 --
Investmentin Financial Assets 1.2M 503,938 173,900 173,750 185,200 --
Land And Improvements 23.5M 23.4M 23.3M -- 18.1M --
Line Of Credit -- -- -- 0.00 0.00 4.2M
Loans Receivable -- -- -- 0.00 57,082 56,125
Long Term Provisions 16.3M 17.4M 17.2M 5.4M 6.2M --
Machinery Furniture Equipment 38.5M 37.2M 36.6M 32.2M 32.0M --
Non Current Deferred Assets 1.2M 1.2M 1.1M 1.1M 1.1M --
Non Current Deferred Liabilities 13.4M 12.7M 11.2M 2.4M 2.1M --
Non Current Deferred Taxes Assets 1.2M 1.2M 1.1M 1.1M 1.1M --
Non Current Deferred Taxes Liabilities 13.4M 12.7M 11.2M 2.4M 2.1M --
Non Current Note Receivables -- -- -- -- -- 449,009
Other Current Borrowings 13.4M 12.6M 9.6M -- -- --
Other Properties -- -- -- -- -- 52.1M
Other Receivables 2.7M 2.8M 2.8M 205,534 200,438 --
Raw Materials 4.2M 3.3M 3.8M 2.5M 2.4M --
Restricted Cash 75.8M 71.8M 83.8M 88.9M 56.3M --
Taxes Receivable 16,036 46,666 8,889 5,452 13,985 --
Total Tax Payable 13.0M 13.9M 15.6M 13.0M 13.9M --
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 5.6M 3.2M 8.8M 9.3M 7.7M --
Cash Flow From Continuing Operating Activities 5.6M 3.2M 8.8M 9.3M 7.7M --
Depreciation Amortization Depletion 2.9M 2.4M 2.3M 3.8M 2.0M --
Stock Based Compensation -442,939 -- -- -- 0.00 --
Deferred Tax 3.0M 3.1M 2.5M 2.2M 2.2M --
Deferred Income Tax 3.0M 3.1M 2.5M 2.2M 2.2M --
Change In Working Capital -1.8M -2.9M -2.3M 1.8M 157,478 --
Change In Receivables 108,264 16,898 496,548 1.2M 64,520 --
Change In Inventory -864,361 402,103 88,343 -148,914 69,626 --
Change In Payables And Accrued Expense 1.3M -3.8M -2.7M 833,115 654,322 --
Change In Other Working Capital 239,685 304,493 -28,618 -240,329 7,479 --
Change In Other Current Liabilities -28,472 -28,572 -9,035 -- 0.00 0.00
Other Non Cash Items 269,610 341,909 80,473 61,368 88,546 --
Capital Expenditure -4.8M -3.6M -768,995 -2.4M -1.2M --
Net PPE Purchase And Sale -- -- -- 1,655 0.00 0.00
Purchase Of Business -9,544 0.00 -927,557 -- 0.00 0.00
Net Investment Purchase And Sale 0.00 -- -- 0.00 0.00 -181,600
Investing Cash Flow -4.8M -3.9M -1.7M -2.4M -1.2M --
Cash Flow From Continuing Investing Activities -4.8M -3.9M -1.7M -2.4M -1.2M --
Issuance Of Debt 7.0M -- -- 0.00 0.00 --
Repayment Of Debt -7.0M -- -- 9,975 -4.2M --
Net Issuance Payments Of Debt 36,377 -- -- 9,975 -4.2M --
Financing Cash Flow 33,348 -4.0M -258,016 -6.1M -9.3M --
Cash Flow From Continuing Financing Activities 33,348 -4.0M -258,016 -6.1M -9.3M --
Effect Of Exchange Rate Changes 373,363 586,001 33,093 -2.4M 1.3M --
Changes In Cash 802,615 -4.7M 6.8M 768,522 -2.8M --
Beginning Cash Position 103.5M 107.6M 100.7M 102.4M 103.9M --
End Cash Position 104.6M 103.5M 107.6M 100.7M 102.4M --
Free Cash Flow 780,108 -440,712 8.0M 6.8M 6.5M --
Capital Expenditure Reported -4.8M -3.6M -768,995 -2.4M -1.2M --
Change In Prepaid Assets -2.5M 277,180 -95,177 95,012 -638,469 --
Gain Loss On Investment Securities -19,441 -- -- -- -- --
Gain Loss On Sale Of PPE 182,993 -- -- -1,655 0.00 0.00
Interest Paid Cfo -228,073 -230,173 0.00 270.00 -33,715 --
Long Term Debt Issuance 7.0M -- -- -- 0.00 --
Long Term Debt Payments -7.0M -- -- -- -4.2M --
Net Business Purchase And Sale -9,544 0.00 -927,557 -- 0.00 0.00
Net Income From Continuing Operations 5.2M 4.0M 6.1M 3.7M 5.8M --
Net Long Term Debt Issuance 36,377 -- -- -- -4.2M --
Net Other Financing Charges -3,029 -17.4M -258,016 -1.0M -5.1M --
Net Other Investing Changes -1,297 -247,017 -1,180 -322.00 -1,546 --
Net Short Term Debt Issuance -- -- -- 9,975 -- --
Operating Gains Losses 163,552 -- -- -- -- --
Sale Of PPE -- -- -- 1,655 0.00 0.00
Short Term Debt Issuance -- -- -- 0.00 -- --
Short Term Debt Payments -- -- -- 9,975 -- --
Taxes Refund Paid -3.4M -5.5M 0.00 -2.3M -2.5M --
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