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Midnight Sun Mining 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
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 26,031 20,141 19,217 19,581 19,581
Gross Profit -26,031 -20,141 -19,217 -19,581 -19,581
Selling General And Administration 242,747 2.2M 179,217 291,207 508,567
General And Administrative Expense 242,747 2.2M 179,217 291,207 508,567
Other Operating Expenses 2.2M 949,041 534,257 794,908 347,486
Operating Expense 2.5M 3.2M 713,474 1.1M 856,053
Operating Income -2.5M -3.2M -732,691 -1.1M -875,634
EBIT -2.4M -3.1M -685,454 -1.0M -600,442
Interest Expense 6,558 6,978 7,387 7,936 8,334
Interest Expense Non Operating 6,558 6,978 7,387 7,936 8,334
Interest Income 68,989 71,782 53,751 79,947 113,728
Interest Income Non Operating 68,989 71,782 53,751 79,947 113,728
Net Interest Income 62,431 64,804 46,364 72,011 105,394
Other Income Expense -3,497 -1,955 -6,514 -2,228 161,464
Special Income Charges 0.00 0.00 0.00 0.00 0.00
Gain On Sale Of Security -3,497 -1,955 -6,514 -2,228 161,464
Pretax Income -2.4M -3.1M -692,841 -1.0M -608,776
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -2.4M -3.1M -692,841 -1.0M -608,776
Net Income From Continuing Operation Net Minority Interest -2.4M -3.1M -692,841 -1.0M -608,776
Net Income Including Noncontrolling Interests -2.4M -3.1M -692,841 -1.0M -608,776
Minority Interests 0.00 0.00 0.00 0.00 0.00
Net Income Common Stockholders -2.4M -3.1M -692,841 -1.0M -608,776
Net Income -2.4M -3.1M -692,841 -1.0M -608,776
EBITDA -2.4M -3.1M -666,237 -1.0M -580,861
Normalized EBITDA -2.4M -3.1M -659,723 -1.0M -742,325
Reconciled Depreciation 26,031 20,141 19,217 19,581 19,581
Basic EPS -0.01 -0.02 0.00 -- 0.00
Diluted EPS -0.01 -0.02 0.00 -- 0.00
Basic Average Shares 178.0M 176.9M 173.7M -- 165.4M
Diluted Average Shares 178.0M 176.9M 173.7M -- 165.4M
Total Unusual Items -3,497 -1,955 -6,514 -2,228 161,464
Total Unusual Items Excluding Goodwill -3,497 -1,955 -6,514 -2,228 161,464
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -2.4M -3.1M -686,327 -1.0M -770,240
Diluted NI Availto Com Stockholders -2.4M -3.1M -692,841 -1.0M -608,776
Net Income Continuous Operations -2.4M -3.1M -692,841 -1.0M -608,776
Net Non Operating Interest Income Expense 62,431 64,804 46,364 72,011 105,394
Other Gand A 43,018 103,839 33,767 149,742 101,135
Other Special Charges -- -- -- 0.00 --
Provision For Doubtful Accounts -- -- -- 9,000 0.00
Reconciled Cost Of Revenue 26,031 20,141 19,217 19,581 19,581
Salaries And Wages 199,729 2.1M 145,450 141,465 407,432
Total Expenses 2.5M 3.2M 732,691 1.1M 875,634
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 5.8M 6.4M 6.7M 5.3M 2.7M
Cash Cash Equivalents And Short Term Investments 8.8M 9.4M 9.2M 7.8M 7.8M
Cash Financial 5.8M 6.4M 6.7M 5.3M --
Other Short Term Investments 3.0M 3.0M 2.5M 2.5M 5.1M
Accounts Receivable 18,356 66,596 21,982 11,028 54,849
Receivables 18,356 66,596 21,982 11,028 54,849
Prepaid Assets 495,410 218,789 368,374 214,970 286,383
Current Assets 9.3M 9.7M 9.6M 8.0M 8.1M
Gross PPE 13.5M 13.4M 13.4M 13.3M 13.3M
Accumulated Depreciation -163,257 -137,226 -117,085 -97,868 -78,287
Net PPE 13.3M 13.2M 13.2M 13.3M 13.3M
Investments And Advances 700,000 700,000 700,000 700,000 700,000
Total Non Current Assets 14.0M 13.9M 13.9M 14.0M 14.0M
Total Assets 23.3M 23.6M 23.6M 22.0M 22.1M
Current Debt And Capital Lease Obligation 76,640 73,828 71,085 69,783 67,140
Accounts Payable 424,371 48,835 116,688 134,849 103,635
Payables 432,776 58,713 123,608 141,812 110,555
Payables And Accrued Expenses 432,776 58,713 123,608 141,812 110,555
Current Liabilities 509,416 132,541 194,693 211,595 177,695
Long Term Debt And Capital Lease Obligation 182,143 202,024 221,417 244,895 263,702
Long Term Capital Lease Obligation 182,143 202,024 221,417 244,895 263,702
Total Non Current Liabilities Net Minority Interest 182,143 202,024 221,417 244,895 263,702
Total Liabilities Net Minority Interest 691,559 334,565 416,110 456,490 441,397
Common Stock 38.9M 37.1M 35.2M 32.8M 31.7M
Capital Stock 38.9M 37.1M 35.2M 32.8M 31.7M
Retained Earnings -23.4M -20.9M -17.8M -17.1M -16.1M
Common Stock Equity 20.6M 21.2M 21.1M 19.5M 19.6M
Stockholders Equity 20.6M 21.2M 21.1M 19.5M 19.6M
Total Equity Gross Minority Interest 22.6M 23.3M 23.2M 21.5M 21.6M
Minority Interest 2.0M 2.0M 2.0M 2.0M 2.0M
Total Capitalization 20.6M 21.2M 21.1M 19.5M 19.6M
Net Tangible Assets 20.6M 21.2M 21.1M 19.5M 19.6M
Tangible Book Value 20.6M 21.2M 21.1M 19.5M 19.6M
Working Capital 8.8M 9.6M 9.4M 7.8M 7.9M
Invested Capital 20.6M 21.2M 21.1M 19.5M 19.6M
Total Debt 258,783 275,852 292,502 314,678 330,842
Share Issued 185.4M 180.1M 175.3M 168.8M 165.6M
Ordinary Shares Number 185.4M 180.1M 175.3M 168.8M 165.6M
Available For Sale Securities 700,000 700,000 700,000 700,000 700,000
Capital Lease Obligations 258,783 275,852 292,502 314,678 330,842
Current Capital Lease Obligation 76,640 73,828 71,085 69,783 67,140
Dueto Related Parties Current 8,405 9,878 6,920 6,963 6,920
Investmentin Financial Assets 700,000 700,000 700,000 700,000 700,000
Machinery Furniture Equipment 113,671 12,972 12,683 -- --
Other Equity Interest 5.0M 5.1M 3.8M 3.8M 3.9M
Other Properties 13.3M 13.3M 13.3M 13.3M 13.3M
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 -2.3M -1.5M -865,749 -910,635 -972,950
Cash Flow From Continuing Operating Activities -2.3M -1.5M -865,749 -910,635 -972,950
Depreciation And Amortization 26,031 20,141 19,217 19,581 19,581
Depreciation Amortization Depletion 26,031 20,141 19,217 19,581 19,581
Stock Based Compensation 1,262 1.6M 4,625 9,482 17,958
Change In Working Capital 145,682 40,076 -182,562 137,491 -149,376
Changes In Account Receivables -- -- -- 34,821 6,408
Change In Receivables 48,240 -44,614 -10,954 34,821 6,408
Change In Payables And Accrued Expense 374,063 -64,895 -18,204 31,257 -54,073
Change In Payable 374,063 -64,895 -18,204 31,257 -54,073
Other Non Cash Items -18,395 -15,455 -14,188 -41,276 -77,337
Capital Expenditure -103,369 -289.00 -12,683 -- --
Purchase Of PPE -103,369 -289.00 -12,683 -- 0.00
Net PPE Purchase And Sale -103,369 -289.00 -12,683 -- 0.00
Purchase Of Investment 0.00 -- -- -2.5M 0.00
Sale Of Investment 0.00 -- -- -- 0.00
Net Investment Purchase And Sale 0.00 -- -- 2.6M 0.00
Investing Cash Flow -103,369 -457,151 -12,683 2.6M 0.00
Cash Flow From Continuing Investing Activities -103,369 -457,151 -12,683 2.6M 0.00
Issuance Of Debt 0.00 0.00 0.00 0.00 0.00
Repayment Of Debt -23,627 -23,628 -23,628 -24,100 -24,100
Net Issuance Payments Of Debt -23,627 -23,628 -23,628 -24,100 -24,100
Issuance Of Capital Stock 0.00 -- -- 0.00 0.00
Net Common Stock Issuance 0.00 -- -- 0.00 0.00
Financing Cash Flow 1.8M 1.6M 2.3M 914,469 116,282
Cash Flow From Continuing Financing Activities 1.8M 1.6M 2.3M 914,469 116,282
Changes In Cash -636,351 -324,818 1.4M 2.6M -856,668
Beginning Cash Position 6.4M 6.7M 5.3M 2.7M 3.5M
End Cash Position 5.8M 6.4M 6.7M 5.3M 2.7M
Free Cash Flow -2.4M -1.5M -878,432 -910,635 -972,950
Change In Account Payable 375,536 -67,853 -18,161 31,214 -20,417
Change In Prepaid Assets -276,621 149,585 -153,404 71,413 -101,711
Common Stock Issuance 0.00 -- -- 0.00 0.00
Depreciation 26,031 20,141 19,217 19,581 19,581
Long Term Debt Issuance -- 0.00 0.00 73,750 -73,750
Long Term Debt Payments -23,627 -23,628 -23,628 -24,100 -24,100
Net Foreign Currency Exchange Gain Loss -- -- -- 0.00 0.00
Net Income From Continuing Operations -2.4M -3.1M -692,841 -1.0M -608,776
Net Long Term Debt Issuance -23,627 -23,628 -23,628 49,650 -97,850
Net Other Financing Charges -- -- -- 0.00 0.00
Net Short Term Debt Issuance 0.00 -- -- -73,750 73,750
Operating Gains Losses -- -- -- 0.00 0.00
Proceeds From Stock Option Exercised 1.8M 1.6M 2.3M 938,569 140,382
Provisionand Write Offof Assets -- -- -- 9,000 0.00
Short Term Debt Payments 0.00 -- -- 0.00 0.00
Unrealized Gain Loss On Investment Securities -- -- -- 0.00 --
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